NOT LISTED FOR SALE

Estimated Value: $675,000 - $743,000

0.26 Acre
$2,733,775 Price per Acre
11,282 Sq Ft Lot

Last Sold January 18, 2024

Last sale price $690,000 $61 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,312/month

46 Days on Market

About This Lot

As of January 2024

Discover paradise on Earth at 401 Wekiu Place, nestled within the prestigious and enchanting double-gated community of The Summit in the Ka'anapali Golf Estates on the magical island of Maui. The seller already obtained HOA approval for a 4600 sf house, and full set of plans are ready to be filed for plan check. Developer/seller is open to build for buyer. This exceptional lot offers a canvas for your dream home with unparalleled vistas of the boundless ocean and majestic West Maui mountains. Commanding views stretch across the Pacific Ocean, Showcasing the neighboring islands of Lanai and Molokai, all crowned by the breathtaking spectacle of year-around Maui's sunsets. Positioned at the end of a cul-de-sac, its just a golf cart ride away from the world-famous Ka'anapali Beach and its vibrant nightlife. Your tropical oasis awaits at 401 Wekiu Place, where every day feels like a piece of paradise.

Last Agent to Sell the Property

Peggy Lyn Speicher

Coldwell Banker Island Prop-KP License #RB-22577 Listed on: 10/29/2023

Coldwell Banker Island Prop-KP

Co-Listed By

Juliette Le Heron

Coldwell Banker Island Prop-KP License #RS-83980

Last Buyer's Agent

Cindy Liu

Berkshire Hathaway Maui Prop-L License #RS-77017

Berkshire Hathaway Maui Prop-L

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,223

Lot Details

  • 0.26

Utilities

  • Underground Utilities
  • Private Water Source
  • Phone Available
  • Cable TV Available

Additional Features

  • 0.26 Acre Lot
  • Mountain Views

Community Details

  • The Summit Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,223

Lot Details

0

Listing Details

  • District: Kaanapali
  • Roads: Paved
  • Type: Vacant Land
  • View: Mountain/Ocean
  • Possible Use: Single Family
  • Geo Subdivision: HI
  • Tax Year Ending: 2023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 61.16

Utilities

  • Sewer: Sewer County
  • Utilities To Site: Private Water, Telephone, Underground Electricity, Tv Cable
  • Water To Site: Private Water

Fee Information

  • Fee Price Amount: 775000

Lot Info

  • Assessed Land Value: 592500
  • County Zoning: R-3 Residential
  • Land Acres: 0.258999
  • Land Sq Ft: 11282
  • State Zoning: Urban
  • Number Of Lots In Listing: One
  • Geo Address Line: 401 Wekiu Pl
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Taxes Per Month: 288.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2023
Closed on
Dec 28, 2023
Sold by
Rican Weekends Llc
Bought by
Cl Revocable Living Trust and Liu
Seller's Agent
Peggy Lyn Speicher
Coldwell Banker Island Prop-KP
Buyer's Agent
Cindy Liu
Berkshire Hathaway Maui Prop-L
List Price
$775,000
Sold Price
$690,000
Premium/Discount to List
-$85,000
-10.97%
Total Days on Market
46
Views
1
Current Estimated Value
$708,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,045
Avg. Annual Appreciation
1.86%

Purchase Details

Listed on
Aug 20, 2020
Closed on
Apr 11, 2022
Sold by
K And Z Llc
Bought by
Rican Weekends Llc
Seller's Agent
Robert Myers
Coldwell Banker Island Prop-KP
Buyer's Agent
Robert Myers
Coldwell Banker Island Prop-KP
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$469,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2012
Sold by
Zolg William J and Zolg Desiree
Bought by
K & Z Llc

Purchase Details

Closed on
Apr 3, 2012
Sold by
Mcdonald Christopher
Bought by
Zolg William J and Zolg Desiree

Purchase Details

Closed on
Oct 17, 2007
Sold by
Zolg William and Zolg Desiree
Bought by
Zolg William C and Zolg Desiree

Purchase Details

Closed on
Oct 5, 2005
Sold by
Borgelt Bruce
Bought by
Mcdonald Christopher and Zolg William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.67%
Mortgage Type
Balloon
Source: Public Records

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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
Cl Revocable Living Trust -- Fidelity National Title
Rican Weekends Llc $843,750 Fidelity National Title
Rican Weekends Llc $843,750 Fidelity National Title
K & Z Llc $425,000 None Available
Zolg William J $213,000 None Available
Zolg William C -- None Available
Mcdonald Christopher $775,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rican Weekends Llc $469,000
Previous Owner Mcdonald Christopher $480,000
Previous Owner Mcdonald Christopher $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $690,000 -8.6% $61 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
12/05/2023 12/05/23 Price Changed $755,000 -2.6% $67 / Sq Ft
10/29/2023 10/29/23 For Sale $775,000 +14.8% $69 / Sq Ft
04/20/2022 04/20/22 Sold $675,000 +3.8% $60 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
08/20/2020 08/20/20 For Sale $650,000 -- $58 / 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 $4,223 $719,500 $719,500 --
2024 $4,223 $719,500 $719,500 --
2023 $3,466 $592,500 $592,500 $0
2022 $2,427 $414,800 $414,800 $0
2021 $2,168 $397,800 $397,800 $0
2020 $1,590 $291,700 $291,700 $0
2019 $2,085 $372,400 $372,400 $0
2018 $1,713 $310,400 $310,400 $0
2017 $2,579 $0 $0 $0
2016 $2,467 $465,500 $465,500 $0
2015 -- $490,400 $490,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 400109

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-017-015-0000