$485,000
SOLD OCT 31, 2024

3875 Lower Honoapiilani Rd Unit A205 Lahaina, HI 96761

Napili-Honokowai Neighborhood
1 Bed
1 Bath
799 Sq Ft
1.6 Acres

Recently Sold

$607 Per Sq Ft

28% Below List Price

140 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • 1.6 Acre Lot
  • Ocean View
  • Solar Power System
  • Furnished

About This Home

As of October 2024

Amazing opportunity to own and enjoy a SPECTACULAR OCEAN FRONT CONDO, priced to sell as the LOWEST PRICED UNIT AT HALE MAHINA BEACH RESORT. This 1 bd/1 ba unit offers a tranquil retreat with an unobstructed, panoramic view of the ocean, palm trees and outer islands. With direct access to a sandy beach, it is rare to find a place with the ease of just stepping out your door to engage in many ocean activities such as surfing, snorkeling, stand up paddle boarding, kayaking and swimming to name a few. From your lanai, enjoy spectacular sunsets, an abundance of turtles, and the gift of watching the playfulness of seasonal whales cruising by. Cool off at the oceanfront pool or soak in the Jacuzzi tub where you can peer out to the ocean and perhaps see a whale breach! The BBQ areas allow you to have alfresco dining while overlooking the sea. Whether you are looking for a new home, a second home, or an investor looking for a short term rental opportunity, this turn key unit offers effortless living and a seamless transition into the coveted Hale Mahina community. This is a Leasehold Property. It is priced well below comparable fee simple properties, which saves money and offsets the lease payments.

Last Agent to Sell the Property

George Nunes

Coldwell Banker Island Prop(Ka) License #RB-18919 Listed on: 04/11/2024

Coldwell Banker Island Prop(Ka)

Co-Listed By

Lena Taberna

Coldwell Banker Island Prop(Ka) License #RS-73734

Last Buyer's Agent

Candi Matthews

Island Sotheby's International Realty(L) License #RB-22518

Island Sotheby's International Realty(L)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,946

Year Built

  • Built in 1981

Lot Details

  • Beach Front
  • Land Lease expires 2/21/46

Home Design

  • Slab Foundation
  • Tile

Interior Spaces

  • 799 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Schools

  • Princess Nahienaena Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Utilities

  • No Heating
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Solar Power System
  • Outdoor Grill

Listing and Financial Details

  • Assessor Parcel Number 2430060410012
  • $211 per year additional tax assessments

Community Details

Overview

  • High-Rise Condominium
  • Hale Mahina Community
  • Hale Mahina Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,946

Year Built

Built in 1981

Lot Details

0

Listing Details

  • View: Ocean
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Smoke/Heat Detector
  • Co List Office Mls Id: 3072
  • Co List Office Phone: 808-442-7500
  • Subdivision Name: Hale Mahina
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, Kitchen Ware, Linens, TV Cable
  • LivingArea: 799
  • Green Power: Solar
  • Property Attached Yn: Yes
  • Structure Type: High-Rise 4+ Stories
  • WindowFeatures: Blinds, Drapes
  • Master Plan Zoning: A-2
  • Financial Info Electric: Underground
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Vinyl
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 1

Exterior Features

  • Acres: 1.6
  • View: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Home Warranty: No
  • Construction Type: Hollow Tile
  • Exterior Features: Barbecue
  • Foundation Details: Concrete Slab

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Princess Nahienaena Elementary
  • High School: Lahainaluna High
  • Middle Or Junior School: Lahaina Intermediate

Lot Info

  • Lot Size Sq Ft: 69696
  • ResoLotSizeUnits: Acres
  • Parcel #: 2430060410012
  • Zoning Description: Apartment District
  • ResoLotSizeUnits: Acres

Green Features

Rental Info

  • Pets Allowed: Yes
  • Lease Term: Short Term Lease

Multi Family

  • Lease Expiration: 2046-02-21
  • Building Area Units: Square Feet

Tax Info

  • Tax Other Annual Assessment Amount: 211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Oct 24, 2024
Sold by
Maui Peace Llc
Bought by
Anw Investments Llc
Seller's Agent
George Nunes
Coldwell Banker Island Prop(Ka)
Buyer's Agent
Candi Matthews
Island Sotheby's International Realty(L)
List Price
$669,000
Sold Price
$485,000
Premium/Discount to List
-$184,000
-27.5%
Total Days on Market
140
Views
69
Current Estimated Value
$996,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,723
Avg. Annual Appreciation
232.19%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Fnt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $218,000 New Conventional
Previous Owner $141,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $485,000 0.0% $607 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $485,000 -11.7% $607 / Sq Ft
05/25/2024 05/25/24 Price Changed $549,000 -5.2% $687 / Sq Ft
05/17/2024 05/17/24 Price Changed $579,000 -3.3% $725 / Sq Ft
04/29/2024 04/29/24 Price Changed $599,000 -3.2% $750 / Sq Ft
04/22/2024 04/22/24 Price Changed $619,000 -7.5% $775 / Sq Ft
04/11/2024 04/11/24 For Sale $669,000 +78.4% $837 / Sq Ft
05/14/2021 05/14/21 Sold $375,000 0.0% $5 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/27/2021 03/27/21 Off Market $375,000 -- --
01/23/2021 01/23/21 Price Changed $425,000 -7.4% $6 / Sq Ft
10/24/2020 10/24/20 For Sale $459,000 -- $6 / 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 $14,946 $1,180,700 $273,500 $907,200
2024 $14,946 $1,181,200 $273,500 $907,700
2023 $10,667 $900,200 $273,500 $626,700
2022 $8,764 $739,600 $137,600 $602,000
2021 $9,532 $857,800 $125,100 $732,700
2020 $8,113 $732,200 $125,100 $607,100
2019 $7,960 $740,500 $113,700 $626,800
2018 $5,653 $609,200 $103,400 $505,800
2017 $5,258 $0 $0 $0
2016 $4,888 $561,200 $98,200 $463,000
2015 $5,818 $591,000 $98,200 $492,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 401799

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-006-041-0012