NOT LISTED FOR SALE

479 Luawai St Unit A Lahaina, HI 96761

Estimated Value: $1,400,080 - $1,554,000

5.28 Acres
$279,690 Price per Acre
230,040 Sq Ft Lot

Last Sold February 02, 2022

Last sale price $1,248,000 $5 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,632/month

41 Days on Market

Highlights

  • Property is near an ocean
  • 5.28 Acre Lot
  • Mountain View

About This Lot

As of February 2022

Welcome home! You can feel the heartbeat of this land the moment you step foot on the lot. The mana is strong. The views are large. The vibration of the land will have a direct line into your heart. This 3.4 acre agriculturally zoned lot is the “MAIN HOUSE” portion of the CPR. You can build a main house and barn. There are plans drawn up for a 4,000+sqft single level home designed to draw you out to the view, yard, and pool. The plans include drilling for your own well, a saline-heated pool, a water feature that meanders downhill to a beautiful pond, and a barn with multiple horse stalls. You even have room for a small arena. The options are endless on what you can do here. Artistic renderings of the house are provided in the pictures attached to the listing. These pictures are just "ideas" on what the final product may look like and are subject to change. The property is being sold with the architectural plans for the house which can easily be altered and changed. Olowalu Mauka is made up of only 14 lots (28 TOTAL when/if they all get CPR'd) making the area feel rural and secluded YET close to everything. Only a 30 minute drive to Kihei, 20 minute drive to Costco, and 10 minute drive to Lahaina town. Where else can you find this much space, 180 degree ocean views, and the convenience of town nearby? Come feel the magic of this land and envision your dream home and future on MAUI.

Last Agent to Sell the Property

Stephanie Dutcher

Coldwell Banker Island Prop-Ku License #RS-77749 Listed on: 11/22/2021

Coldwell Banker Island Prop-Ku

Co-Listed By

Jesse Wald

Coldwell Banker Island Prop-KP License #RB-22948

Last Buyer's Agent

P. David Quandt

Coldwell Banker Island Prop-KP License #RS-55752

Coldwell Banker Island Prop-KP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,855

Lot Details

  • 5.28

HOA Fees

  • $169 Monthly HOA Fees

Additional Features

  • 5.28 Acre Lot
  • Mountain Views
  • Private Water Source

Community Details

Recreation

  • Property is near an ocean

Property Details

Property Type

Land

Est. Annual Taxes

$7,855

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • Class: Vacant Land
  • District: Olowalu
  • Roads: Paved
  • Type: Vacant Land
  • View: Mountain/Ocean
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 5.43

Exterior Features

  • Waterfront: Across Street From Ocean

Utilities

  • Utilities To Site: Private Water
  • Water To Site: Private Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 169
  • Other Monthly Fees: Associated Fee

Lot Info

  • Cpr Land Acres: 3.413
  • Land Acres: 5.280991
  • Land Sq Ft: 230040
  • State Zoning: Agricultural
  • Land Use: Agricultural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Jan 26, 2022
Sold by
Cornelis Koole Francis and Cornelis Nadja
Bought by
Jamieson Richard Gerald and Jamieson Denetta Lynn
Seller's Agent
Stephanie Dutcher
Coldwell Banker Island Prop-Ku
Buyer's Agent
P. David Quandt
Coldwell Banker Island Prop-KP
List Price
$1,248,000
Sold Price
$1,248,000
Current Estimated Value
$1,477,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,040
Avg. Annual Appreciation
4.65%
Original Mortgage
$500,000
Outstanding Balance
$469,339
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,007,701

Purchase Details

Listed on
Jan 22, 2020
Closed on
Mar 5, 2021
Sold by
Gay Dennis G and Labrecque Lisa
Bought by
Koole Francis Cornelis and Koole Nadja
Seller's Agent
Lori Powers
Island Sotheby's International Realty(L)
Buyer's Agent
Steven Nickens
Hawaii Life (W)
List Price
$995,000
Sold Price
$850,000
Premium/Discount to List
-$145,000
-14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.96%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Gay Dennis Gene and Labrecque Lisa Marie
Bought by
Gay Dennis G and Labrecque Lisa

Purchase Details

Closed on
Oct 7, 2016
Sold by
Trop Timothy Neil and Peddle Laura Christine
Bought by
Gay Dennis Gene and Labrecque Lisa Marie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jamieson Richard Gerald $1,664,000 New Title Company Name
Jamieson Richard Gerald $1,664,000 New Title Company Name
Koole Francis Cornelis $850,000 Fnt
Gay Dennis G -- None Available
Gay Dennis Gene -- Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamieson Richard Gerald $500,000
Closed Jamieson Richard Gerald $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2022 02/02/22 Sold $1,248,000 0.0% $5 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
11/22/2021 11/22/21 For Sale $1,248,000 +46.8% $5 / Sq Ft
03/15/2021 03/15/21 Sold $850,000 -5.5% $6 / Sq Ft View Prior Sale
01/28/2021 01/28/21 Pending -- -- --
12/16/2020 12/16/20 Price Changed $899,000 -9.6% $6 / Sq Ft
12/10/2020 12/10/20 For Sale $995,000 0.0% $7 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
04/22/2020 04/22/20 Price Changed $995,000 -13.4% $7 / Sq Ft
01/22/2020 01/22/20 For Sale $1,149,000 -- $8 / 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 $7,855 $1,507,900 $1,261,400 $246,500
2024 $7,855 $1,368,500 $1,368,500 --
2023 $7,131 $1,242,300 $1,242,300 $0
2022 $5,595 $974,800 $974,800 $0
2021 $2,725 $917,400 $917,400 $0
2020 $5,070 $917,400 $917,400 $0
2019 $6,272 $993,900 $993,900 $0
2018 $5,307 $841,000 $841,000 $0
2017 $5,194 $0 $0 $0
2016 $459 $764,500 $764,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 393776

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-8-003-093-0001