NOT LISTED FOR SALE

361 Luawai St Unit B Lahaina, HI 96761

Estimated Value: $2,644,000 - $3,650,079

2.01 Acres
$1,531,720 Price per Acre
87,556 Sq Ft Lot

Last Sold February 08, 2021

Last sale price $950,000 $11 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $16,941/month

391 Days on Market

Highlights

  • Ocean View
  • Agricultural
  • Level Lot
  • 2.01 Acre Lot

About This Lot

As of February 2021

This "main house" buildable custom home cpr lot boasts some of the most commanding ocean views found on Maui...A true top of the world feel with over 180 degrees of unobstructed sweeping pacific ocean views from south Maui and Molokini, to Lanai and beyond with a massive west Maui mountain backdrop. Ideally located within the Olowalu Mauka subdivision, a coveted 14 lot agricultural zoned community, this homesite allows for the build-out of a MAIN HOUSE and a barn/outbuilding if desired. Well thought out and level build site already has permitted grading, freshly installed large capacity concrete septic tank and new water meters with sourced potable and non-potable water for farming/irrigation needs. Meco hook ups established and Spectrum to be offered in near future. A rock wall gated entry with paved interior access road is also in place. Located only 10 minutes from Lahaina town and 30 minutes from the airport, Olowalu is within close proximity to some of the most coveted West Maui beaches, ocean activities, farmers market, shopping and dining options. Schedule your showing today to fully appreciate this incredible opportunity to build your Maui dream home.

Last Agent to Sell the Property

Max Blair

Coldwell Banker Island Prop(S) License #RS-78173 Listed on: 12/19/2019

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Michele White

Coldwell Banker Island Prop(S) License #RS-71240

Coldwell Banker Island Prop(S)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,968

Lot Details

  • 2.01 Acre Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $169 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Ocean Views
  • Agricultural

Community Details

  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 2480030940002

Property Details

Property Type

Land

Est. Annual Taxes

$5,968

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • Class: Vacant Land
  • District: Olowalu
  • Roads: Paved
  • Type: Vacant Land
  • View: Ocean
  • Possible Use: Single Family, Farm, Nursery
  • Restrictions: Building, Covenants
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 10.85

Utilities

  • Sewer: Septic Tank
  • Utilities To Site: Private Water, Telephone, Underground Electricity, Tv Cable
  • Water To Site: Private Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 169

Lot Info

  • Cpr Land Acres: 2.01
  • Easements: Electricity, Water, Telephone
  • General Land Class: Improved Residential, Apartment, Agricultural
  • Land Acres: 2.010009
  • Land Sq Ft: 87556
  • State Zoning: Agricultural
  • Topography: Level
  • Improvements: Underground Utilities, Access Roads
  • Lot Description: Clear
  • Number Of Lots In Listing: One
  • Land Use: Residential, Agricultural

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2480030940002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Feb 3, 2021
Sold by
Bach Jason and Denys Dominique
Bought by
Arbucci Sharie Jean
Seller's Agent
Max Blair
Coldwell Banker Island Prop(S)
Buyer's Agent
Michele White
Coldwell Banker Island Prop(S)
List Price
$1,149,000
Sold Price
$950,000
Premium/Discount to List
-$199,000
-17.32%
Current Estimated Value
$3,078,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,128,770
Avg. Annual Appreciation
28.43%

Purchase Details

Closed on
Jan 16, 2014
Sold by
English Mountain Estates Inc
Bought by
Bach Jason and Denys Dominique
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arbucci Sharie Jean $950,000 Tg
Bach Jason -- Fntic
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $950,000 -3.1% $11 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
09/22/2020 09/22/20 Price Changed $980,000 -14.7% $11 / Sq Ft
12/19/2019 12/19/19 For Sale $1,149,000 -- $13 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,968 $3,356,700 $1,001,600 $2,355,100
2024 $5,968 $3,351,600 $1,086,600 $2,265,000
2023 $5,805 $3,252,600 $986,400 $2,266,200
2022 $4,443 $774,000 $774,000 $0
2021 $4,327 $728,400 $728,400 $0
2020 $3,970 $728,400 $728,400 $0
2019 $2,562 $406,000 $406,000 $0
2018 $2,167 $343,500 $343,500 $0
2017 $1,048 $0 $0 $0
2016 $93 $154,200 $154,200 $0
2015 -- $180,800 $180,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Max Blair

    Seller's Agent in 2021

    Max Blair

    Coldwell Banker Island Prop(S)

    (808) 866-2334

    8 in this area

    140 Total Sales

    Max Blair
    Section Image
  • Michele White

    Buyer's Agent in 2021

    Michele White

    Coldwell Banker Island Prop(S)

    (808) 298-8448

    2 in this area

    16 Total Sales

    Michele White
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 385440

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-8-003-094-0002

Hawaii Maui County Lahaina 96761

361 Luawai St Unit B, Lahaina, HI

This home is located at 361 Luawai St Unit B, Lahaina, HI 96761 since 19 December 2019 and is currently estimated at $3,078,770, approximately $35 per square foot. 361 Luawai St Unit B is a home located in Maui County with nearby schools including Princess Nāhiʻenaʻena Elementary School, Lāhainā Intermediate School, and ​Lahainaluna High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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