NOT LISTED FOR SALE

40 Maluaka Place Unit No. 12 Kihei, HI 96753

Estimated Value: $4,613,000 - $22,417,754

0.4 Acre
$33,952,177 Price per Acre
17,340 Sq Ft Lot

Last Sold June 21, 2019

Last sale price $13,500,000 $779 Per Sq Ft

Current estimated payment $83,139/month

4 Days on Market

Highlights

  • Ocean Front
  • 0.4 Acre Lot
  • Mountain View

About This Lot

As of June 2019

The custom Maluaka homesites at Makena optimize luxury coastal living. These eight unique homesites within this intimate gated subdivision, ranging from approximately 1/2 to 3/4 acres, offer breathtaking views of the island's clear waters as well as the opportunity to design a stunning custom home to share for generations. A Maluaka home provides privacy and close proximity to the future Beach Club, spa, and fitness amenities and the Makena Golf Course. Wake up every morning to the sound of the waves and end each day watching the sun dip behind the Pacific at a custom oceanfront address.

Last Agent to Sell the Property

Robert Merriman

Discovery Makena Realty LLC License #RB-16253 Listed on: 05/17/2019

Last Buyer's Agent

Robert Merriman

Discovery Makena Realty LLC License #RB-16253 Listed on: 05/17/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $147,089

Lot Details

  • 0.4 Acre Lot
  • Ocean Front

Property Views

  • Mountain Views

Community Details

  • Maluaka Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2210060370012

Property Details

Property Type

Land

Est. Annual Taxes

$147,089

Lot Details

0

Listing Details

  • Class: Vacant Land
  • District: Wailea/Makena
  • Type: Vacant Land
  • View: Mountain/Ocean
  • Possible Use: Single Family
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 778.55

Exterior Features

  • Waterfront: Oceanfront

Utilities

  • Sewer: Sewer County
  • Utilities To Site: County Water
  • Water To Site: County Water

Lot Info

  • County Zoning: Planned Development
  • Cpr Land Acres: 10.9
  • Cpr Land Sq Ft: 474804
  • Land Acres: 0.398071
  • Land Sq Ft: 17340
  • State Zoning: Urban
  • Land Condo: Yes
  • Land Use: Residential
  • Geo Address Line: 40 Maluaka Pl
  • Geo Primary City: Kihei
  • Geo Quality: 1
  • Geo Zoom Level: 18

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2210060370012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 5, 2019
Sold by
Stevens Mark A and Stevens Mary V
Bought by
Hale Aloha Llc
Seller's Agent
Robert Merriman
Discovery Makena Realty LLC
Buyer's Agent
Robert Merriman
Discovery Makena Realty LLC
List Price
$15,500,000
Sold Price
$13,500,000
Premium/Discount to List
-$2,000,000
-12.9%
Current Estimated Value
$13,515,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,377
Avg. Annual Appreciation
0.02%

Purchase Details

Listed on
Dec 23, 2014
Closed on
Sep 10, 2015
Sold by
Rcl8 Mmxi Investment Llc
Bought by
Stevens Mark A and Stevens Mary
Seller's Agent
Kaimi Judd
Discovery Makena Realty LLC
Buyer's Agent
Kaimi Judd
Discovery Makena Realty LLC
List Price
$11,500,000
Sold Price
$9,000,000
Premium/Discount to List
-$2,500,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
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
Hale Aloha Llc $13,500,000 Tg
Stevens Mark A $9,000,000 Tg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2019 06/21/19 Sold $13,500,000 -12.9% $779 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $15,500,000 +72.2% $894 / Sq Ft
09/15/2015 09/15/15 Sold $9,000,000 -21.7% $519 / Sq Ft View Prior Sale
01/26/2015 01/26/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $11,500,000 -- $663 / 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 $147,089 $14,479,000 $14,479,000 --
2024 $147,089 $11,872,800 $11,872,800 --
2023 $122,390 $11,583,200 $11,583,200 $0
2022 $107,911 $10,424,900 $10,424,900 $0
2021 $78,496 $10,237,600 $10,237,600 $0
2020 $68,884 $10,237,600 $10,237,600 $0
2019 $86,568 $8,052,800 $8,052,800 $0
2018 $43,367 $4,673,200 $4,673,200 $0
2017 $27,425 $0 $0 $0
2016 $2,644 $4,406,200 $4,406,200 $0
2015 $13,866 $4,406,100 $4,406,100 $0
2014 $13,866 $4,472,900 $4,472,900 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Robert Merriman

    Discovery Makena Realty LLC

    (808) 870-8000

    27 in this area

    28 Total Sales

    Robert Merriman
    Section Image

  • K

    Seller's Agent in 2015

    Kaimi Judd

    Discovery Makena Realty LLC

    (808) 640-6023

    69 in this area

    70 Total Sales

    Kaimi Judd
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 382921

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-006-037-0012

Hawaii Maui County Kihei 96753

40 Maluaka Place Unit No. 12, Kihei, HI

This home is located at 40 Maluaka Place Unit No. 12, Kihei, HI 96753 since 17 May 2019 and is currently estimated at $13,515,377, approximately $779 per square foot. 40 Maluaka Place Unit No. 12 is a home located in Maui County with nearby schools including Kamali'i Elementary School, Lokelani Intermediate School, and Maui High School.

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