NOT LISTED FOR SALE

4000 Wailea Alanui Dr Unit 1002&4 Kihei, HI 96753

Estimated Value: $1,034,000 - $16,606,628

5 Beds
7 Baths
1,224,472 Sq Ft
28.11 Acres

Last Sold September 07, 2017

Last sale price $8,575,000 $7 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $35,023/month

242 Days on Market

Highlights

  • Ocean Front
  • 28.11 Acre Lot
  • Home Gym
  • Heated Lap Pool
  • Clubhouse
  • Security Guard

About This Home

As of September 2017

Enormous luxury condo at water's edge with smartly remodeled interior. 5 sumptuous en-suite bedrooms - each with its own bath; a large family / TV room with bath; two den / office spaces; 2 large, 1 car-garages. Approximately 115 sq. ft. of interior space was converted to lanai space to create a magnificent 500+ sq. ft. lanai 62 feet above the ocean - fully covered and fully enclosable with electric roll-down blinds. Recently remodeled, this unique "double" unit is replete with new interior finishes, lighting, countertops, fixtures, flooring, appliances and more. The perfect Wailea residence for extended families, allowing each occupant to enjoy the highest quality housing experience. The total combined area of interior, lanais and garages is approximately 6,489 gross square feet; counting all these deeded spaces, the price is under $1,500 / sq. ft. - exceptional value for a premium oceanfront Wailea Point residence. Wailea Point has a gated entry, roving 24-hour security patrol, two elaborate pool pavilions with full kitchens, 4 swimming pools (one a 25-meter lap pool), 2 whirlpool spas, tennis court, paddle tennis and pickleball courts, modern, well-equipped, air conditioned fitness gym, barbeque areas, lots of delicious edible landscaping & more. Wailea Point is a beautiful, quiet, low density, high quality, golf car friendly environment that is unmatched in Hawaii. Located in the heart of Wailea's gold coast, enjoy the luxury of Four Seasons and Fairmont Kea Lani Hotels as immediate neighbors and the 5-star lifestyle they provide.

Last Agent to Sell the Property

Dave Wagner

Wailea Point Realty, Inc. License #RB-15525 Listed on: 11/06/2016

Last Buyer's Agent

Kathy Worley

Pali Kai Inc License #RB-12090

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $300

Year Built

  • Built in 1987

Lot Details

  • 28.11

Parking

  • 2 Car Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • Home Gym
  • Ocean Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Private Sewer
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Ocean Front

Community Details

Pet Policy

  • Pets Allowed

Recreation

  • Tennis Courts

Additional Features

  • Wailea Point Community
  • Clubhouse
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$300

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Tennis Court, Exercise Room, Club House, Bar-B-Que, Security Guard, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: 1002&4
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1987
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 7
  • Bedrooms: 5
  • Living Area Sq Ft: 4698
  • Floor Level: 2

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground, Heated, Lap
  • Uncovered Lanai Deck Sq Ft: 288

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 2

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer County, Sewer Private
  • Utilities To Site: County Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Semiannually
  • Association Manager: WCA
  • Complex Name: Wailea Point
  • Monthly Maintenance Fee: 6581.91

Lot Info

  • County Zoning: H-M Hotel District
  • Land Acres: 28.11
  • Land Sq Ft: 1224472
  • State Zoning: Urban

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes Per Month: 3306.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2016
Closed on
Aug 25, 2017
Sold by
Angry Tiki Llc
Bought by
Wilson Donald H and Wilson Kristen Wirtz
Seller's Agent
Dave Wagner
Wailea Point Realty, Inc.
Buyer's Agent
Kathy Worley
Pali Kai Inc
List Price
$9,500,000
Sold Price
$8,575,000
Premium/Discount to List
-$925,000
-9.74%
Current Estimated Value
$6,640,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,934,593
Avg. Annual Appreciation
-3.07%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Suzuki Akihiko
Bought by
Angry Tiki 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
Wilson Donald H $8,575,000 Tg
Angry Tiki Llc $2,650,000 Tg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2017 09/07/17 Sold $8,575,000 -9.7% $7 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
11/06/2016 11/06/16 For Sale $9,500,000 -- $8 / 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 $300 -- -- --
2024 $300 -- -- --
2023 $300 $200 $100 $100
2022 $350 $200 $100 $100
2021 $350 $200 $100 $100
2020 $400 $200 $100 $100
2019 $400 $200 $100 $100
2018 $400 $200 $100 $100
2017 $400 $0 $0 $0
2016 $3 $200 $100 $100
2015 $13,657 $200 $100 $100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 371514

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-023-005-0027