NOT LISTED FOR SALE

3770 Ala Oli Way Unit 2403 Lihue, HI 96766

Estimated Value: $3,712,000 - $4,553,000

3 Beds
3.5 Baths
2,026 Sq Ft
$4,853/mo HOA Fee

Last Sold March 31, 2023

Last sale price $3,900,000 $1,925 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $30,344/month

19 Days on Market

Highlights

  • Concierge
  • On Golf Course
  • Penthouse
  • Ocean View
  • Heated Pool and Spa
  • Clubhouse

About This Home

As of March 2023

Maliula 2403 is a penthouse-style residence perched at the highest reaches of the building where you’ll enjoy stunning ocean and lighthouse views from your 3 spacious lanais as well as the infamous 15th hole of the Ocean Course at Hokuala. Inside you’ll find an exceptional level of finish, with thoughtfully designed custom cabinetry, natural stone vanities and beautifully appointed kitchens that feature Thermador and Bosch appliances. The residence is also steps from the Maliula rooftop terrace where you can watch the sun rise beyond the Ninini Pt. Lighthouse and beautiful sunsets beyond the western verdant mountains. The residence is offered fully furnished and turn-key complete with art, housewares, audio/visual and linen/terry package.

The Maliula Residences at Timbers Kauai offer elegant and sophisticated oceanfront resort-style living at the beautiful Timbers Kaua'i Ocean Club & Residences at the Hokuala resort. Timbers Kaua'i feature incredible resort amenities including a wellness spa, state-of-the-art fitness facility, multiple pools, Hualani's Restaurant, and an island adventure center stocked with bikes, boards, beach equipment and gear for any island adventure. Owners enjoy a turn-key residence and effortless ownership with dedicated concierge services, onsite housekeeping and maintenance services, wellness programs and an activities calendar chock full of activities to fit any lifestyle.

Timbers Kauai Ocean Club & Residences is nestled on the ocean's edge between the 15th and 16th holes of the award-winning Signature Nicklaus Designed Ocean Course at Hokuala. At Hokuala, Owners enjoy access to a 450-acre estate with endless biking and running trails meandering throughout lush tropical grounds, an Organic Farm, and a 38-acres of lagoon with fishing, kayaking and paddle boarding available. The resort is conveniently located adjacent to beaches with dining and shopping nearby.

Last Agent to Sell the Property

Debra Edgerton

Hokuala Real Estate Brokerage Phone: 9708462819 License #RB-23014 Listed on: 02/09/2023

Last Buyer's Agent

Anne Eliason

Coldwell Banker Island Properties - Kauai License #RS-75630

Coldwell Banker Island Properties - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,978

Year Built

  • Built in 2018

Lot Details

  • Property fronts a county road
  • On Golf Course
  • Landscaped

HOA Fees

  • $4,853 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • Golf Course

Home Design

  • Penthouse
  • Steel Frame

Interior Spaces

  • 2,026 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Stacked Washer and Dryer

Kitchen

  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Parking

  • Attached Garage
  • Assigned Parking

Pool

  • Heated Pool and Spa
  • Gunite Pool

Utilities

  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • ADA Compliant
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 4350012160029

Community Details

Overview

  • Tk Resort Community
  • Hokuala Subdivision

Amenities

  • Concierge
  • Doorman
  • Valet Parking
  • Trash Chute
  • Clubhouse
  • Meeting Room

Recreation

  • Jogging Path
  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,978

Year Built

Built in 2018

Lot Details

0

HOA Fees

$4,853 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Clubhouse, Concierge, Doorman, Trash Chute, Valet, Walking/Jogging Path
  • Road Frontage Type: Almost Oceanfront, Golf Course, Other
  • ResoLotFeatures: Landscaped
  • Road Frontage Type: Other
  • ResoSecurityFeatures: Fire Sprinkler System, Key Card Entry, Security Patrol, Smoke Detector(s)
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: HOKUALA
  • Reso Interior Features: ADA Accessible, Elevator, High Ceilings, Meeting Room
  • Living Area: 2026.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 2018
  • Tax Year: 2023
  • HIS_PoolYN: Yes
  • Unit Description: High Floor Unit, Penthouse, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: T1 and Higher, Wireless
  • HIS_WaterHeater: Electric
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Freezer, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked, Wine Cooler
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Design: Steel Frame

Exterior Features

  • View: Bay, Golf Course, Ocean, Ocean Horizon, Sunrise
  • Pool Features: Gunite, Heated, Pool/Spa Combo
  • Waterfront: No
  • Exterior Features: Tennis Court(s)
  • Roads: County, Paved, Street Lights

Garage/Parking

  • Parking Features: Assigned, Attached, Covered

Utilities

  • Cooling: Air Conditioning
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 4853.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: TK RESORT

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4350012160029

Tax Info

  • Tax Annual Amount: 37978.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 20, 2023
Sold by
Jbh Family Limited Partnership
Bought by
Beckerle Family Trust
Seller's Agent
Debra Edgerton
Hokuala Real Estate
Buyer's Agent
Anne Eliason
Coldwell Banker Island Properties - Kauai
List Price
$4,150,000
Sold Price
$3,900,000
Premium/Discount to List
-$250,000
-6.02%
Views
93
Current Estimated Value
$4,129,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,376
Avg. Annual Appreciation
2.24%

Purchase Details

Listed on
Jan 30, 2022
Closed on
Jun 23, 2022
Sold by
Tower Kauai Lagoons 9B Llc
Bought by
Jbh Family Limited Partnership
Seller's Agent
Debra Edgerton
Hokuala Real Estate
Buyer's Agent
Christopher Stiebler
Hokuala Real Estate
List Price
$3,990,000
Sold Price
$3,995,000
Premium/Discount to List
$5,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.16%

Purchase Details

Closed on
Dec 13, 2021
Sold by
Tower Kauai Lagoons 9B Llc
Bought by
Tower Kauai Lagoons Sub 7 Llc
Source: Public Records

Range of Values:

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Average Value
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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
Beckerle Family Trust -- Old Republic Title
Jbh Family Limited Partnership -- Title Guaranty & Escrow Servic
Jbh Family Limited Partnership -- Title Guaranty & Escrow Servic
Tower Kauai Lagoons Sub 7 Llc $2,394,766 Title Guaranty
Tower Kauai Lagoons Sub 7 Llc $2,394,766 Title Guaranty
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2024 10/02/24 Off Market $3,900,000 -- --
03/31/2023 03/31/23 Sold $3,900,000 0.0% $1,925 / Sq Ft
03/09/2023 03/09/23 Off Market $3,900,000 -- --
02/03/2023 02/03/23 For Sale $4,150,000 +3.9% $2,048 / Sq Ft
06/29/2022 06/29/22 Sold $3,995,000 +0.1% $1,972 / Sq Ft View Prior Sale
05/16/2022 05/16/22 Pending -- -- --
01/30/2022 01/30/22 For Sale $3,990,000 -- $1,969 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $46,528 $3,819,600 -- $3,819,600
2024 $46,528 $3,942,900 -- $3,942,900
2023 $39,795 $4,040,100 $0 $4,040,100
2022 $37,978 $3,500,300 $0 $0
2021 $37,699 $3,474,600 $0 $0
2020 $37,604 $3,465,800 $0 $3,465,800
2019 $29,688 $3,014,000 $0 $3,014,000
2018 $5,857 $1,408,300 $172,000 $1,236,300
2017 $5,857 $539,800 $179,500 $360,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 667998

Hawaii Information Service (MLS Hawaii)

APN: 4-3-5-001-216-0029