4792 Lawai Rd Koloa, HI 96756
Poipu NeighborhoodEstimated Value: $4,977,000 - $10,758,676
4
Beds
3.5
Baths
3,324
Sq Ft
$2,171/Sq Ft
Est. Value
Highlights
- Ocean View
- Waterfront
- 2 Car Detached Garage
- In Ground Pool
- High Ceiling
- Landscaped
About This Home
As of January 2021Ka Lae Kiki, a one-and-only Hawaiian ocean front estate, is on the market for the first time in over a half century.
Located on a revered oceanfront point along the Poipu Beach coastline, this magical vacation rental property is best known for its unique history, oceanfront pool, architecture and address. Most recently, and across the street, Alexander & Baldwin and DMB & Associates developed the notable Club at Kukui'ula complete with world class amenities and high-end homes.
In 1947, Judge Philip LaVergne Rice acquired the land to build Ka Lae Kiki. Born on Kauai and nominated by President Eisenhower to the Territorial Supreme Court, Judge Rice soon became the Hawaii's Territorial Chief Justice.
Purchased by prominent Los Angeles businessman Lowry McCaslin in 1957, Ka Lae Kiki became part of the McCaslin's legacy. In the 1990's the family engaged architect Jim Morton, best known for his resort work in Hawaii and Lake Tahoe, to design the residence anew. The new home’s positioning and view-centric floorplan display Morton’s deep appreciation for the property’s significance.
With 3/4s of an acre and nearly 500 hundred feet of ocean frontage, the estate is among the most expansive oceanfront properties in coveted Poipu Beach. The architecture and interiors exhibit the relaxed style and comfort that makes Hawaiian design universally desired. Windows and doors cast open wide and display unrivaled coastal and white-water perspectives. Each of the 4 bedroom suites and the great room command oceanfront locations and framed views. A separate media room is the lounge for any game day.
Ka Lae Kiki's signature remains the stunning saltwater pool constructed into the forward edge of the property. Unmatched anywhere on Kauai, the pool is a haven for gatherings.
Interior Area: Approx. 3,324 sf
Land Area: Approx. 36,982 sf
Vacation Rental
By appointment only
Last Listed By
COMPASS Brokerage Phone: 8086392367 License #RB-15263 Listed on: 02/11/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $54,383
Year Built
- Built in 1999
Lot Details
- Waterfront
- Landscaped
- Level Lot
- Property is zoned R-2
Parking
- 2 Car Detached Garage
Property Views
- Ocean
- Mountain
Home Design
- Double Stud Wall
Interior Spaces
- 3,324 Sq Ft Home
- 1-Story Property
- High Ceiling
- Blinds
- Concrete Flooring
- Fire and Smoke Detector
Kitchen
- Range
- Microwave
- Dishwasher
- Wine Cooler
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
Utilities
- No Cooling
- No Heating
- Septic Tank
Community Details
- Ka Lae Kiki Community
- Ka Lae Kiki Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 2-A
- Assessor Parcel Number 4260120090000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2020
Closed on
Jan 20, 2021
Sold by
Malama Klk Llc
Bought by
Mar Ka Lea Kiki Llc
Seller's Agent
Hannah Sirois
COMPASS
Buyer's Agent
Reciprocal Agent - Oahu
List Price
$18,750,000
Sold Price
$10,500,000
Premium/Discount to List
-$8,250,000
-44%
Total Days on Market
333
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,284,331
Avg. Annual Appreciation
-7.71%
Purchase Details
Closed on
Nov 21, 2006
Sold by
Mccaslin L Mark and Mccaslin Kelly Jean
Bought by
Malama Klk Llc
Purchase Details
Closed on
Apr 25, 2006
Sold by
Mccaslin Margaret Megan
Bought by
Mccaslin L Mark and Mccaslin Kelly Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,750
Interest Rate
6.29%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 25, 2003
Sold by
Mccaslin Lowry Mark
Bought by
Mccaslin L Mark and Mccaslin Kelly Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.72%
Purchase Details
Closed on
Feb 5, 2002
Sold by
Mccaslin Lowry M and Mccaslin John C
Bought by
Mccaslin Lowry Mark and Mccaslin Margaret Megan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.8%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 17, 1995
Sold by
Mccaslin Camilla and Regas Mary L
Bought by
Mccaslin Lowry M and Mccaslin John C
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Similar Homes in Koloa, HI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mar Ka Lea Kiki Llc | $10,500,000 | Tg | |
| Malama Klk Llc | $1,000 | Tg | |
| Mccaslin L Mark | $3,000,000 | Tg | |
| Mccaslin L Mark | -- | -- | |
| Mccaslin Lowry Mark | $500,000 | -- | |
| Mccaslin Lowry M | $428,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mccaslin L Mark | $735,750 | |
| Previous Owner | Mccaslin L Mark | $900,000 | |
| Previous Owner | Mccaslin Lowry Mark | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Off Market | $10,500,000 | -- | -- |
| 04/26/2021 04/26/21 | Off Market | $10,500,000 | -- | -- |
| 01/25/2021 01/25/21 | Sold | $10,500,000 | -44.0% | $3,159 / Sq Ft |
| 01/09/2021 01/09/21 | Pending | -- | -- | -- |
| 02/11/2020 02/11/20 | For Sale | $18,750,000 | -- | $5,641 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $78,408 | $6,556,000 | $5,566,000 | $990,000 |
| 2023 | $63,337 | $6,430,200 | $5,566,000 | $864,200 |
| 2022 | $70,209 | $7,127,800 | $0 | $0 |
| 2021 | $56,943 | $5,781,000 | $0 | $0 |
| 2020 | $54,383 | $5,521,100 | $4,230,200 | $1,290,900 |
| 2019 | $54,383 | $4,930,400 | $4,230,200 | $700,200 |
| 2018 | $43,869 | $4,882,900 | $4,174,500 | $708,400 |
| 2017 | $43,869 | $4,957,000 | $4,118,800 | $838,200 |
| 2016 | $43,519 | $4,917,400 | $4,118,800 | $798,600 |
| 2015 | $20,286 | $4,584,300 | $0 | $0 |
| 2014 | -- | $4,365,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hannah Sirois
Seller's Agent in 2021
Hannah Sirois
COMPASS
(808) 639-2367
65 in this area
93 Total Sales
-
R
Buyer's Agent in 2021
Reciprocal Agent - Oahu
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 630914
APN: 4-2-6-012-009-0000
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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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