NOT LISTED FOR SALE

4000 Wailea Alanui Dr Unit 603 Kihei, HI 96753

Estimated Value: $5,532,879 - $6,147,000

2 Beds
3 Baths
1,149,984 Sq Ft
1987 Built

Last Sold March 31, 2017

Last sale price $3,325,000 $3 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $37,976/month

85 Days on Market

Highlights

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

About This Home

As of March 2017

Lovely ground level residence just 75 feet from the ocean. Overlooks the beautiful gardens and the famed Wailea oceanfront path. Vintage Wailea Point interior in immaculate condition. Top quality furnishings, 2 bedrooms, 3 baths. Easy walk to Wailea Beach and the Four Seasons Hotel. The extra-large lanai is adjacent to fruit trees and the tropical garden, which provide excellent privacy screening from neighboring units. Amenities include 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 and pickle ball courts, modern, well-equipped fitness gym, barbecue areas, lots of edible landscaping and more. Wailea Point is a beautiful, quiet, low density, high quality golf-car friendly environment that is unmatched in Hawaii. Enjoy the luxury of Four Seasons and Fairmont Kea Lani Hotels as immediate neighbors and all the 5-star lifestyle they offer. Also available as 1 year rental at $13,500 / month.

Last Agent to Sell the Property

Dave Wagner

Wailea Point Realty, Inc. License #RB-15525 Listed on: 12/01/2016

Last Buyer's Agent

Clint Hansen

Maui Luxury Real Estate LLC License #RB-21616

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $89,306

Year Built

  • Built in 1987

Lot Details

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • Home Gym
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 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

Recreation

  • Tennis Courts

Additional Features

  • Wailea Point Community
  • Clubhouse
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$89,306

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: 603
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 3
  • Bedrooms: 2
  • Living Area Sq Ft: 1584
  • Floor Level: 1

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground, Heated, Lap
  • Uncovered Lanai Deck Sq Ft: 271

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Association Fees Frequency: Semiannually
  • Association Manager: WCA
  • Complex Name: Wailea Point
  • Monthly Maintenance Fee: 2277.36

Lot Info

  • County Zoning: H-M Hotel District
  • Land Acres: 26.4
  • Land Sq Ft: 1149984
  • State Zoning: Urban

Tax Info

  • Taxes Per Month: 1678.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Mar 23, 2017
Sold by
Fill Dennis Charles
Bought by
Mcadam Lowell C and Lowell C Mcadam Revocable Trust
Seller's Agent
Dave Wagner
Wailea Point Realty, Inc.
Buyer's Agent
Clint Hansen
Maui Luxury Real Estate LLC
List Price
$3,650,000
Sold Price
$3,325,000
Premium/Discount to List
-$325,000
-8.9%
Current Estimated Value
$5,793,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,468,293
Avg. Annual Appreciation
6.64%
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
Mcadam Lowell C $3,325,000 Or
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $3,325,000 -8.9% $3 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
12/01/2016 12/01/16 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 $89,306 $6,320,400 $1,136,200 $5,184,200
2024 $89,306 $6,320,400 $1,136,200 $5,184,200
2023 $72,418 $6,111,200 $1,136,200 $4,975,000
2022 $60,911 $5,140,200 $571,800 $4,568,400
2021 $45,085 $4,035,000 $519,800 $3,515,200
2020 $24,761 $3,842,900 $519,800 $3,323,100
2019 $18,268 $2,895,100 $472,600 $2,422,500
2018 $10,099 $3,197,000 $429,600 $2,767,400
2017 $10,074 $0 $0 $0
2016 $1,984 $3,306,400 $408,100 $2,898,300
2015 $14,732 $3,233,700 $408,100 $2,825,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 371908

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-023-006-0042