NOT LISTED FOR SALE

4000 Wailea Alanui Dr Unit 602 Kihei, HI 96753

Estimated Value: $6,358,000 - $8,661,000

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

Last Sold April 30, 2021

Last sale price $6,975,000 $6 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $50,040/month

53 Days on Market

Highlights

  • Ocean Front
  • 26.4 Acre Lot
  • Clubhouse
  • Heated Lap Pool
  • Mountain View
  • Loft

About This Home

As of April 2021

Just possibly Wailea Point’s most modern and exquisite interior – completely remodeled by acclaimed contractor Ben Cerda in 2019. World class oceanfront location 75 feet from the shore is made more stunning by the new, all-glass bay windows (all the windows in the unit are new). The unit faces SW perfectly toward Molokini & protected from the trades. The 3rd ‘bedroom’ is a gorgeous loft with its own sumptuous bath, enabling the unit to sleep up to 7 people. This magical location amongst Wailea Point’s immaculately maintained gardens is steps from Wailea Point’s “quiet” pavilion & pools. Easy walk to Four Seasons, Fairmont Kea Lani, Grand Wailea & Shops at Wailea along the iconic oceanfront path. Extensive amenities include gated entry, roving 24-hour security patrol, two elaborate pool pavilions with full kitchens - excellent for private events or the many homeowner-association-hosted functions. 4 swimming pools, including a 25-meter lap pool with 2 wide lanes, 2 whirlpool spas, tennis, paddle tennis & pickleball, modern well-equipped fitness gym, barbecue areas at both pool pavilions, lots of edible landscaping and more. Wailea Point is a one-of-a-kind luxury oasis of privacy, quality, serenity and beauty. Live unlike you’ve ever lived before, in Hawaii’s finest condominium. Golf car friendly property. Exceptionally well run AOAO. Floor areas herein are based on the loft addition being estimated at 450 sq. ft.

Last Agent to Sell the Property

Dave Wagner

Wailea Point Realty, Inc. License #RB-15525 Listed on: 01/21/2021

Last Buyer's Agent

Kelly Anderson

Coldwell Banker Island Prop(P) License #RS-77881

Coldwell Banker Island Prop(P)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $115,703

Year Built

  • Built in 1986

Lot Details

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction
  • Tile Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Dining Area
  • Loft
  • Mountain Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Spa

Utilities

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

Additional Features

  • Outdoor Grill
  • Ocean Front

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2210230060040

Community Details

Overview

  • Low-Rise Condominium
  • Wailea Point Community

Amenities

  • Clubhouse

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$115,703

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Tennis Court, Club House, Bar-B-Que, Security Guard, Spa/Hot Tub
  • Type: Condo
  • View: Mountain/Ocean
  • Unit: 602
  • Year Built: 1986
  • Year Renovated: 2019
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile
  • Additional Rooms: Dining Area, Laundry Room, Loft
  • Bathrooms: 3
  • Bedrooms: 3
  • Included: Auto Garage Door Opener, Blinds, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2305
  • Price Per Sq Ft: 3026.03
  • Floor Level: 2

Exterior Features

  • Construction Data: Concrete, Steel Frame, Wood Frame
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Brick, Stucco, Wood
  • Pool: Yes
  • Roofing: Monier Tile/Tile
  • Substructure: Concrete Slab
  • Waterfront: Oceanfront
  • Pool Type: In-Ground, Heated, Lap
  • Uncovered Lanai Deck Sq Ft: 42

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: Underground Electricity

Condo/Co-op/Association

  • Association Fees Frequency: Semiannually
  • Association Fees: 252
  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Wailea Point
  • Monthly Maintenance Fee: 2516.86

Lot Info

  • Assessed Improvement Value: 2935800
  • Assessed Land Value: 597900
  • County Zoning: H-M Hotel District
  • General Land Class: Hotel And Resort
  • Land Acres: 26.4
  • Land Recorded: Land Court
  • Land Sq Ft: 1149984
  • State Zoning: Urban

Rental Info

  • Pets Allowed: Yes
  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 1874.75
  • Assessor Parcel Number: 2210230060040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Apr 27, 2021
Sold by
Maui Investments Llc
Bought by
Murray Michael Rodney and Murray Joyce Bleak
Seller's Agent
Dave Wagner
Wailea Point Realty, Inc.
Buyer's Agent
Kelly Anderson
Coldwell Banker Island Prop(P)
List Price
$6,975,000
Sold Price
$6,975,000
Current Estimated Value
$7,664,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$689,791
Avg. Annual Appreciation
2.09%

Purchase Details

Listed on
Feb 7, 2018
Closed on
Nov 16, 2018
Sold by
Greenwood Mark and Kuhn Gerald L
Bought by
Maui Investments Llc
Seller's Agent
Dave Wagner
Wailea Point Realty, Inc.
Buyer's Agent
Dave Wagner
Wailea Point Realty, Inc.
List Price
$3,650,000
Sold Price
$3,200,000
Premium/Discount to List
-$450,000
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.99%
Source: Public Records

Range of Values:

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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
Murray Michael Rodney $6,975,000 Fnt
Maui Investments Llc $3,200,000 Or
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $6,975,000 0.0% $6 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $6,975,000 +118.0% $6 / Sq Ft
11/27/2018 11/27/18 Sold $3,200,000 -12.3% $3 / Sq Ft View Prior Sale
10/24/2018 10/24/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $3,650,000 -- $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 $115,703 $8,080,200 $1,117,500 $6,962,700
2024 $115,703 $8,080,200 $1,117,500 $6,962,700
2023 $90,193 $7,611,200 $1,117,500 $6,493,700
2022 $74,500 $6,286,900 $562,400 $5,724,500
2021 $40,391 $3,615,900 $511,300 $3,104,600
2020 $22,007 $3,443,700 $511,300 $2,932,400
2019 $21,431 $3,408,400 $464,800 $2,943,600
2018 $0 $3,343,700 $422,500 $2,921,200
2017 $20,361 $0 $0 $0
2016 $2,050 $3,416,100 $401,400 $3,014,700
2015 $14,726 $3,319,400 $401,400 $2,918,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 390029

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-023-006-0040