NOT LISTED FOR SALE

40 Hale Pili Way Unit Lot 15 Aina O Ka Hal Haiku, HI 96708

Haiku Neighborhood

Estimated Value: $6,246,000 - $6,727,000

4 Beds
4.5 Baths
5,239 Sq Ft
$1,237/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $3,875,000 $740 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $39,424/month

67 Days on Market

Highlights

  • Ocean Front
  • 2 Acre Lot
  • Home Office
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Home Security System

About This Home

As of April 2020

A rare offering of one of Maui's most exquisite oceanfront locations, this gorgeous and modern 4-bedroom and 4.5-bathroom home has recently been constructed and is the perfect opportunity to own your own piece of paradise. Nestled on an oceanfront bluff in Aina O Ka Hale Pili, this impressive residence was designed and built to seamlessly blend the fresh interior space with the tropical gardens and panoramic ocean views. The outdoor, in-ground infinity pool overlooks the Pacific and a lush lawn, perfecting for entertaining. Offering clean lines, high-quality materials and first-class amenities, this Maui estate features a grand master suite with shower garden, a spacious lanai, and a fantastic Chef's kitchen with stainless steel appliances and double islands. A one-bedroom, one-bathroom unit with a separate entrance is perched above the two-car garage, and the home features plenty of storage space. With over 4,000 square feet, this Maui home features vaulted ceilings, a great room and bar, office, spacious walk-in closets in all four bedrooms, and a bonus room that can be used for an in-home studio, home theatre, or game room. Screen porches add an additional 866 sq. ft. of space and the outdoor fire-pit and spa make this Maui home truly magical. A captivating property, this home inspires discreet luxury on Maui's illusively gorgeous North Shore! Seller is also offering the unique option of purchasing a share of this home in a luxury real estate partnership through Lifestyle Asset Group.

Last Listed By

Dean Otto

Keller Williams Realty Maui-L License #RB-16575 Listed on: 05/20/2019

Keller Williams Realty Maui-L

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,980

Year Built

  • Built in 2017

Lot Details

  • 2 Acre Lot
  • Ocean Front
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 5,239 Sq Ft Home
  • Ceiling Fan
  • Chandelier
  • Entryway
  • Family Room
  • Dining Area
  • Home Office
  • Storage Room
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Solar Water Heater
  • Agricultural

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2280110150000

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,980

Year Built

Built in 2017

Lot Details

0

Listing Details

  • District: Haiku
  • Other Features: Entry, Lawn Sprinkler, Spa/Hot Tub, Storage, Wall/Fence
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Single Family
  • View: Ocean
  • Year Built House: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Additional Rooms: Den/Study, Dining Area, Family Room, Laundry Room, Storage Room, Work Space
  • Bathrooms: 4.5
  • Bedrooms: 4
  • Included: Security System, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Dryer, Home Warranty, Microwave, Range, Refrigerator, Smoke/Heat Detector, Solar Water Heating, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 5239
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 739.64
  • Total Living Sq Ft: 5239

Exterior Features

  • Construction Data: Wood Frame
  • Exterior Finish: Wood
  • Pool: Yes
  • Pool Type: In-Ground
  • Waterfront: Oceanfront

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

  • Central Air Conditioning: Yes

Lot Info

  • County Zoning: Agricultural
  • General Land Class: Agricultural
  • Land Acres: 2.003
  • Land Sq Ft: 87251

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2280110150000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Schwertfeger Robert Edward and Schwertfeger Beth M
Bought by
Tim Obrien Revocable Trust and Obrien
Total Days on Market
67
Current Estimated Value
$6,480,105

Purchase Details

Listed on
May 20, 2019
Closed on
Apr 22, 2020
Sold by
Kroeger Michael Douglas Henry and Kroeger Angela Marie
Bought by
Schwertfeger Robert Edward and Schwertfeger Beth M
Seller's Agent
Dean Otto
Keller Williams Realty Maui-L
Buyer's Agent
Dave Futch
Compass
List Price
$4,880,000
Sold Price
$3,875,000
Premium/Discount to List
-$1,005,000
-20.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$2,200,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2014
Sold by
Barnett Lopez Marcia
Bought by
Honolua Ridge Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Nov 17, 1997
Sold by
Corwin Michael and Corwin Merlyn
Bought by
Barnett Lopez Marcia

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
Tim Obrien Revocable Trust -- Fidelity National Title
Schwertfeger Robert Edward $3,875,000 Fnt
Honolua Ridge Trust $2,000,000 Tg
Makekau Jeffery N -- --
Barnett Lopez Marcia $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwertfeger Robert Edward $2,200,000
Previous Owner Kroeger Michael Douglas Henry $2,300,000
Previous Owner Kroeger Michael Dougla Henry $2,200,000
Previous Owner Honolua Ridge Trust $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $3,875,000 -13.9% $740 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $4,500,000 -7.8% $859 / Sq Ft
05/20/2019 05/20/19 For Sale $4,880,000 -- $931 / 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
2024 $41,980 $4,365,000 $1,185,000 $3,180,000
2023 $33,547 $4,462,100 $1,277,900 $3,184,200
2022 $30,642 $4,099,000 $1,219,800 $2,879,200
2021 $27,213 $3,827,200 $1,103,700 $2,723,500
2020 $25,395 $3,934,800 $1,156,700 $2,778,100
2019 $23,545 $3,963,800 $1,156,700 $2,807,100
2018 $23,955 $3,992,500 $1,322,000 $2,670,500
2017 $20,135 $0 $0 $0
2016 $837 $1,479,400 $564,500 $914,900
2015 $2,055 $1,751,400 $925,400 $826,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 382956

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-8-011-015-0000