NOT LISTED FOR SALE

Estimated Value: $6,416,000 - $11,531,203

3 Beds
3.5 Baths
467,834 Sq Ft
11 Acres

Last Sold April 22, 2022

Last sale price $12,000,000 $26 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $69,546/month

95 Days on Market

Highlights

  • Ocean Front
  • 10.74 Acre Lot
  • Security Guard
  • In Ground Pool
  • Home Gym
  • Storage

About This Home

As of April 2022

If you're searching for an exceptionally luxurious Villa then you must experience this elegantly appointed and spacious 2889 sq ft 3 bedroom, 3.5 bath Villa with a 1 car garage. AVAILABLE TO SHOW ON MARCH 17, 18.19. This ground floor unit is a rare find with a plunge pool and a very private yard located in the exclusive Wailea Beach Villa Oceanfront Condominium Resort. Residents will also enjoy two swimming pools and spas, fully equipped fitness center, billiards room, owner's lounge and features full resort amenities including concierge service, staffed front desk; housekeeping, beach attendants, beach front pool and 24 hour gated security. It sits adjacent to the Shops of Wailea with several restaurants and world class shopping. Located on prestigious Wailea Beach alongside the Grand Wailea Waldorf Astoria, Wailea Marriott Resort and The Four Seasons. Come and enjoy the splendor and warmth of all that Maui has to offer with your own private tropical retreat in Wailea. This can be considered the Golden Riviera of Maui -- some of the Finest Real Estate in the World. EXCLUSIONS: Owners personal items, most art and some furniture.

Last Agent to Sell the Property

Mardi Werner

Coldwell Banker Island Prop-Ku License #RS-58540 Listed on: 12/16/2021

Coldwell Banker Island Prop-Ku

Last Buyer's Agent

Max Blair

Coldwell Banker Island Prop(S) License #RS-78173

Coldwell Banker Island Prop(S)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $177,493

Year Built

  • Built in 2005

Lot Details

  • Ocean Front

Parking

  • 1 Car Garage

Interior Spaces

  • Storage
  • Home Gym

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Community Details

  • Wailea Beach Villas Community
  • Security Guard

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2210080910000

Property Details

Home Type

Condominium

Est. Annual Taxes

$177,493

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Bar-B-Que, Exercise Room, Extra Storage, Security Guard
  • Type: Condo
  • View: Ocean
  • Unit: D101
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 2005
  • Year Renovated: 2021
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 3.5
  • Bedrooms: 3
  • Included: Inventory
  • Living Area Sq Ft: 2889
  • Price Per Sq Ft: 4153.69
  • Floor Level: 1

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground
  • Waterfront Unit: Yes

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 1

Utilities

  • Central Air Conditioning: Y
  • Utilities To Site: County Water, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Semiannually
  • Association Fees: 252
  • Complex Name: Wailea Beach Villas
  • Monthly Maintenance Fee: 4729

Lot Info

  • County Zoning: H-2 Hotel District
  • Land Acres: 10.74
  • Land Sq Ft: 467834
  • State Zoning: Urban

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2210080910000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2023
Sold by
Redwood Property Investors Llc
Bought by
3800 Wailea Alanui D101 Llc
Current Estimated Value
$9,914,259

Purchase Details

Listed on
Dec 16, 2021
Closed on
Apr 16, 2022
Sold by
2004 Irrevocable Trust
Bought by
Redwood Property Investors Llc
Seller's Agent
Mardi Werner
Coldwell Banker Island Prop-Ku
Buyer's Agent
Max Blair
Coldwell Banker Island Prop(S)
List Price
$12,500,000
Sold Price
$12,000,000
Premium/Discount to List
-$500,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.88%

Purchase Details

Listed on
May 16, 2018
Closed on
Aug 29, 2018
Sold by
Aquilini Group Properties Hotels Lp
Bought by
Cadenhead Samantha and 2004 Irrevocable Trust For Samantha Cade
Seller's Agent
Dennis Rush
Compass-W
Buyer's Agent
Mardi Werner
Coldwell Banker Island Prop-Ku
List Price
$7,600,000
Sold Price
$7,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%

Purchase Details

Closed on
Aug 26, 2011
Sold by
Minshull Lee and Minshull Saundra
Bought by
Aquilini Group Properties Maui Hotels Lp

Purchase Details

Closed on
Jul 14, 2006
Sold by
Price Thomas A and Price Gwendolyn L
Bought by
Minshull Lee and Minshull Saundra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,580,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2005
Sold by
Lai Honua Llc
Bought by
Price Thomas A and Price Gwendolyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,792,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac
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
3800 Wailea Alanui D101 Llc -- --
Redwood Property Investors Llc $16,666,666 Fidelity National Title
Redwood Property Investors Llc $16,666,666 Fidelity National Title
Cadenhead Samantha $7,600,000 Fntic
Aquilini Group Properties Maui Hotels Lp $5,000,000 Fntic
Minshull Lee $5,100,000 Tg
Price Thomas A $3,490,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minshull Lee $4,049,500
Previous Owner Minshull Lee $3,580,000
Previous Owner Price Thomas A $2,792,000
Closed Aquilini Group Properties Maui Hotels Lp $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $12,000,000 -4.0% $26 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $12,500,000 +64.5% $27 / Sq Ft
09/05/2018 09/05/18 Sold $7,600,000 0.0% $16 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $7,600,000 -- $16 / 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 $177,493 $11,507,600 $930,500 $10,577,100
2024 $177,493 $12,199,500 $930,500 $11,269,000
2023 $111,940 $9,446,400 $930,500 $8,515,900
2022 $87,903 $7,418,000 $468,300 $6,949,700
2021 $69,162 $6,184,700 $425,700 $5,759,000
2020 $69,138 $6,239,900 $425,700 $5,814,200
2019 $55,171 $5,132,200 $387,000 $4,745,200
2018 $44,929 $4,841,500 $351,800 $4,489,700
2017 $49,423 $0 $0 $0
2016 $45,378 $5,209,900 $334,200 $4,875,700
2015 $24,506 $4,750,800 $334,200 $4,416,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 394059

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-091-0075