NOT LISTED FOR SALE

4000 Wailea Alanui Dr Unit 601 Kihei, HI 96753

Estimated Value: $4,694,000 - $6,641,000

2 Beds
2 Baths
1,149,984 Sq Ft
1986 Built

Last Sold April 19, 2023

Last sale price $5,162,500 $4 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $35,855/month

85 Days on Market

Highlights

  • Ocean Front
  • 26.4 Acre Lot
  • Clubhouse
  • In Ground Pool
  • Mountain View
  • Wood Flooring

About This Home

As of April 2023

Prime front row location with nothing but the vast Pacific Blue at your feet! Top to bottom remodel with hard wood floors, open floor plan that flows from one room to the next. The only remaining materials from original build are the exotic koa cabinets. The unit comes fully furnished turnkey. Kick back and enjoy year round sunsets, epic whale watching from the large spacious lanai. Wailea point is a low density village type of complex with multiple pools, clubhouses, full workout center, guard entry and easy access to five star dining at one of the many locales in the immediate Wailea community. Call your agent today for a showing, this is a rare, classic opportunity to own in Wailea's best oceanfront complex.

Last Agent to Sell the Property

David Richardson

Hawaii Life (W) License #RB-10780 Listed on: 12/17/2022

Hawaii Life (W)

Last Buyer's Agent

Eric West

Real Broker License #RB-20968

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $75,656

Year Built

  • Built in 1986

Lot Details

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco Exterior
  • Double Stud Wall

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Home Gym
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Schools

  • Kamalii Elementary School
  • Samuel E Kalama Intermediate

Utilities

  • Central Air
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 2210230060012

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

$75,656

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: Mountain/Ocean
  • Unit: 601
  • Year Built: 1986
  • Year Renovated: 2019
  • Cov Lanai Deck Sq Ft: 530
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood, Tile
  • Additional Rooms: Laundry Room
  • Bathrooms: 2
  • Bedrooms: 2
  • Included: Auto Garage Door Opener, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Furnished, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 1558
  • Price Per Sq Ft: 3313.54
  • Floor Level: 1

Exterior Features

  • Construction Data: Double Wall, Wood Frame
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Stucco
  • Pool: Yes
  • Roofing: Monier Tile/Tile
  • Substructure: Concrete Slab
  • Waterfront: Oceanfront
  • Pool Type: In-Ground
  • 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
  • Utilities To Site: County Water, Underground Electricity, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Wailea Point
  • Monthly Maintenance Fee: 2676.73

Schools

  • Elementary School: Kamalii Elementary
  • Intermediate School: Samuel E Kalama Intermediate

Lot Info

  • County Zoning: H-1 Hotel District
  • General Land Class: Hotel And Resort
  • Land Acres: 26.4
  • Land Recorded: Land Court
  • Land Sq Ft: 1149984
  • State Zoning: Urban
  • Geo Address Line: 4000 Wailea Alanui Dr
  • Geo Primary City: Kihei
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2210230060012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Apr 12, 2023
Sold by
Maui Mike Llc
Bought by
Riley Revocable Trust
Seller's Agent
David Richardson
Hawaii Life (W)
Buyer's Agent
Eric West
Real Broker
List Price
$5,850,000
Sold Price
$5,162,500
Premium/Discount to List
-$687,500
-11.75%
Current Estimated Value
$5,606,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,227
Avg. Annual Appreciation
3.24%
Original Mortgage
$3,871,875
Outstanding Balance
$3,743,729
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$1,862,998

Purchase Details

Listed on
Apr 3, 2016
Closed on
Oct 13, 2017
Sold by
Lawson William Jay and Lawson Carol Kristine
Bought by
Maui Mike Llc
Seller's Agent
Dave Wagner
Wailea Point Realty, Inc.
Buyer's Agent
Paulette Lym
Coldwell Banker Island Prop-Ku
List Price
$3,540,000
Sold Price
$3,375,000
Premium/Discount to List
-$165,000
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Apr 1, 2005
Sold by
Barder Sarah D
Bought by
Lawson William Jay and Lawson Carol Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2004
Sold by
Minax Corp
Bought by
Barder Sarah D and Sarah D Barder Family Trust
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
Riley Revocable Trust -- Fidelity National Title
Maui Mike Llc $3,375,000 Or
Lawson William Jay $3,975,000 Fhtc
Barder Sarah D $2,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Revocable Trust $3,871,875
Previous Owner Lawson William Jay $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2023 04/19/23 Sold $5,162,500 -7.1% $4 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $5,560,000 -2.9% $5 / Sq Ft
01/18/2023 01/18/23 Price Changed $5,725,000 -2.1% $5 / Sq Ft
12/17/2022 12/17/22 For Sale $5,850,000 +73.3% $5 / Sq Ft
10/20/2017 10/20/17 Sold $3,375,000 -4.7% $3 / Sq Ft View Prior Sale
09/23/2017 09/23/17 Pending -- -- --
04/03/2016 04/03/16 For Sale $3,540,000 -- $3 / 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 $75,656 $5,410,400 $1,117,500 $4,292,900
2024 $75,656 $5,410,400 $1,117,500 $4,292,900
2023 $61,467 $5,187,100 $1,117,500 $4,069,600
2022 $45,413 $3,832,300 $562,400 $3,269,900
2021 $39,029 $3,494,300 $511,300 $2,983,000
2020 $21,208 $3,327,900 $511,300 $2,816,600
2019 $20,509 $3,250,200 $464,800 $2,785,400
2018 $20,191 $3,199,900 $422,500 $2,777,400
2017 $19,589 $0 $0 $0
2016 $1,961 $3,267,500 $401,400 $2,866,100
2015 $14,554 $3,181,900 $401,400 $2,780,500
Source: Public Records

Agents Affiliated with this Home

  • David Richardson

    Seller's Agent in 2023

    David Richardson

    Hawaii Life (W)

    (808) 870-9916

    69 in this area

    85 Total Sales

    David Richardson
    Section Image
  • Eric West

    Buyer's Agent in 2023

    Eric West

    Real Broker

    (808) 298-2030

    23 in this area

    123 Total Sales

    Eric West
    Section Image
  • Dave Wagner

    Seller's Agent in 2017

    Dave Wagner

    Wailea Point Realty, Inc.

    (808) 879-7233

    19 in this area

    21 Total Sales

    Dave Wagner
    Section Image

  • P

    Buyer's Agent in 2017

    Paulette Lym

    Coldwell Banker Island Prop-Ku

    (808) 866-8084

    1 in this area

    5 Total Sales

    Paulette Lym
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 397648

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-023-006-0038

Hawaii Maui County Kihei 96753

4000 Wailea Alanui Dr Unit 601, Kihei, HI

Not Listed for Sale

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