NOT LISTED FOR SALE

4000 Wailea Alanui Dr Unit 303 Kihei, HI 96753

Estimated Value: $6,484,000 - $8,103,000

3 Beds
3 Baths
1,224,472 Sq Ft
28.11 Acres

Last Sold September 25, 2020

Last sale price $6,200,000 $5 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $47,452/month

119 Days on Market

Highlights

  • Ocean Front
  • 28.11 Acre Lot
  • Furnished
  • In Ground Pool
  • Clubhouse
  • Home Gym

About This Home

As of September 2020

This absolutely stunning ground level "C" floor plan was totally renovated by builder Shawn Conners. The result is perhaps the most exquisite interior in world renowned Wailea Point. A number of cutting edge design concepts were employed, creating an incredibly beautiful and EXPANSIVE living space. The enormous "great room" includes entry foyer, dining area converted to media center, living room, entertainment room, and kitchen - everything from the front door to the bay windows, all state of the art. The changing weather, the ocean currents, boating & water sport activities, the pedestrians on the oceanfront path that sits well below the home - all provide occupants with an ongoing drama of change and beauty. This is the largest single-level floor plan in Wailea Point (except double units). Unsurpassed, world-class, west-facing ocean and neighbor island views, set back just 75 feet from the shoreline and sitting 26 feet above sea level. Just steps to the ocean and beach, and to the many fine restaurants and other amenities of the incomparable Wailea Resort. Sale includes garage apartment 303-G. There is a window replacement program currently underway at Wailea Point; ask for details. Wailea Point may be the most private and peaceful of any condominium environment. There are both gated and roving, round-the-clock security patrols. The very design of the property - with just over 4 units per acre - ensures peaceful privacy and tranquility for every residence. The exceptionally maintained property has 2 pavilions for entertaining, 4 swimming pools - including a 25-meter lap pool, hot tubs, an excellent fitness room, and tennis, pickleball, and paddle tennis courts. Edible landscaping includes avocados, oranges, tangerines, limes, pomelos, papaya, breadfruit, bananas, and an extensive herb garden. Wailea Point encompasses nearly 30 acres of beautifully manicured grounds - including the famed Bud Wagner Memorial Native Hawaiian garden. There is perhaps no finer place in the world to take a stroll - or a casual golf car ride.

Last Agent to Sell the Property

Dave Wagner

Wailea Point Realty, Inc. License #RB-15525 Listed on: 02/03/2020

Last Buyer's Agent

Nancy J. Callahan

Coldwell Banker Island Prop(S) License #RB-16250

Coldwell Banker Island Prop(S)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $109,841

Year Built

  • Built in 1986

Lot Details

  • 28.11

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction
  • Tile Roof
  • Wood Siding
  • Concrete Block And Stucco Construction
  • Double Stud Wall
  • Masonry

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Home Gym
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Utilities

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

Additional Features

  • Outdoor Grill
  • Ocean Front

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2210230060020

Community Details

Overview

  • Low-Rise Condominium
  • Wailea Point Community

Amenities

  • Clubhouse

Security

  • Security Guard
  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$109,841

Year Built

Built in 1986

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: 303
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1986
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stone/Concrete, Carpet, Tile
  • Additional Rooms: Dining Area, Laundry Room
  • Bathrooms: 3
  • Bedrooms: 3
  • Included: Auto Garage Door Opener, Blinds, Ceiling Fan(s), Dishwasher, Disposal, Furnished, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2258
  • Price Per Sq Ft: 2745.79
  • Floor Level: 1

Exterior Features

  • Construction Data: Concrete, Double Wall, Masonry, Steel Frame, Wood Frame
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Stucco, Wood
  • Pool: Yes
  • Roofing: Monier Tile/Tile
  • Substructure: Concrete Slab
  • Waterfront: Oceanfront
  • Pool Type: In-Ground
  • Uncovered Lanai Deck Sq Ft: 435
  • Waterfront Unit: Yes

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 1
  • Garage Parking Sq Ft: 264

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 Fees: 252
  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Wailea Point
  • Monthly Maintenance Fee: 2766.25

Lot Info

  • Assessed Improvement Value: 4006000
  • Assessed Land Value: 624100
  • County Zoning: H-M Hotel District
  • General Land Class: Hotel And Resort
  • Land Acres: 28.11
  • Land Recorded: Land Court
  • Land Sq Ft: 1224472
  • State Zoning: Urban

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 2434.66
  • Assessor Parcel Number: 2210230060020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Sep 2, 2020
Sold by
Turtle Poitn Ltd
Bought by
Leprechaun Enterprises Maui Llc
Seller's Agent
Dave Wagner
Wailea Point Realty, Inc.
Buyer's Agent
Nancy J. Callahan
Coldwell Banker Island Prop(S)
List Price
$6,450,000
Sold Price
$6,200,000
Premium/Discount to List
-$250,000
-3.88%
Current Estimated Value
$7,266,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,066,682
Avg. Annual Appreciation
3.13%

Purchase Details

Listed on
Dec 20, 2012
Closed on
Jun 18, 2013
Sold by
Dalzell Richard L and Dalzell Kathryn W
Bought by
Turtle Point Limited
Seller's Agent
Ken Smith
Coldwell Banker Island Prop(S)
Buyer's Agent
Dave Wagner
Wailea Point Realty, Inc.
List Price
$4,200,000
Sold Price
$3,725,000
Premium/Discount to List
-$475,000
-11.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Apr 20, 2011
Sold by
Pruellage John K
Bought by
Dalzell Richard L and Dalzell Kathryn W
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
Leprechaun Enterprises Maui Llc $6,200,000 Tg
Turtle Point Limited $3,725,000 Or
Dalzell Richard L $3,550,000 Fntic
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2020 09/25/20 Sold $6,200,000 -3.9% $5 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $6,450,000 +73.2% $5 / Sq Ft
06/21/2013 06/21/13 Sold $3,725,000 -11.3% $2,038 / Sq Ft View Prior Sale
05/30/2013 05/30/13 Pending -- -- --
12/20/2012 12/20/12 For Sale $4,200,000 -- $2,298 / 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 $109,841 $7,689,400 $1,311,200 $6,378,200
2024 $109,841 $7,689,400 $1,311,200 $6,378,200
2023 $85,255 $7,194,500 $1,311,200 $5,883,300
2022 $72,581 $6,125,000 $659,900 $5,465,100
2021 $48,203 $4,313,400 $599,900 $3,713,500
2020 $26,590 $4,108,000 $599,900 $3,508,100
2019 $28,680 $4,545,100 $545,300 $3,999,800
2018 $28,191 $4,467,600 $495,800 $3,971,800
2017 $26,483 $0 $0 $0
2016 $2,508 $4,179,700 $471,000 $3,708,700
2015 $26,829 $3,707,300 $471,000 $3,236,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 385937

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-023-006-0020