$1,470,000
SOLD SEP 29, 2025

505 Alae Rd Kula, HI 96790

2 Beds
2 Baths
1,354 Sq Ft
55,757 Sq Ft

Recently Sold

$1,086 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

  • Ocean View
  • 1.28 Acre Lot
  • Plantation Architecture
  • Solar Power System
  • Wood Flooring
  • Lanai

About This Home

As of September 2025

505 Alae Road is truly unique—a magical Upcountry hideaway framed by flowers, gardens, and panoramic views stretching acrossocean views and the majestic West Maui Mountains. Charming, quaint, and timeless, this 1952 plantation-style cottage blends the nostalgia of a bygone era with the thoughtful comforts of modern living. Whether envisioned as a seasonal retreat or a year-round residence in Maui’s treasured Upcountry, the home offers the perfect balance of privacy and convenience—tucked away just enough, yet still close to the essentials of daily life. Situated on 1.28 acres with Rural 1⁄2-acre zoning, the property captures the essence of Upcountry living: invigorating fresh air, sweeping open vistas, and a peaceful sense of seclusion. Over 1,000 square feet of thriving edible gardens flourish alongside colorful flowers, creating an enchanting environment that feels like stepping into a storybook. While honoring its vintage charm, the home has been enhanced with thoughtful upgrades, including a remodeled kitchen, updated interiors, and a 22-panel PV solar system. Here, you can truly escape the ordinary—immersed in the natural beauty, tranquility, and timeless charm of Maui’s Upcountry—without giving up the conveniences that make life comfortable and deeply enjoyable.

Last Agent to Sell the Property

Rhonda Smith-Sanchez

Coldwell Banker Island Prop(P) License #RB-22953 Listed on: 08/22/2025

Coldwell Banker Island Prop(P)

Co-Listed By

Sailor Bockius

Coldwell Banker Island Prop(P) License #RB-24619

Last Buyer's Agent

Alexandra Coon

Coldwell Banker Island Prop(Ka) License #RS-81274

Coldwell Banker Island Prop(Ka)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 1.28 Acre Lot
  • Property fronts a county road

Home Design

  • Plantation Architecture

Interior Spaces

  • 1,354 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Storage
  • Wood Flooring
  • Ocean Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Lanai

Utilities

  • Heating System Uses Wood
  • Cesspool
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2220090440000

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

1.28 Acres

Listing Details

  • View: Ocean
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • LotFeatures: Electricity Easement, Telephone Easement, Water Easement
  • Road Frontage Type: County Road
  • Road Surface Type: Concrete, Paved
  • Co List Office Mls Id: 8644
  • Co List Office Phone: 808-579-8000
  • Architectural Style: Plantation
  • Fireplace: Yes
  • Interior Features: Bookcases, Ceiling Fan(s), TV Cable, Storage
  • Unit Levels: One
  • LivingArea: 1354
  • Green Power: Solar
  • WindowFeatures: Blinds
  • Financial Info Electric: Photovoltaics Seller Owned, Overhead Electricity
  • LandTenure: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Acres: 1.28
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding, Frame
  • Patio And Porch Features: Uncovered Lanai/Deck

Utilities

  • Heating: Wood, Fireplace(s)
  • Sewer: Cesspool
  • HeatingYN: Yes
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 55757
  • ResoLotSizeUnits: Acres
  • Parcel #: 2220090440000

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2025
Closed on
Sep 25, 2025
Sold by
Yamashita David Matsuo and Yamashita Robin Marie
Bought by
Betsill Stephen Nathaniel and Betsill Stephanie Anne
Seller's Agent
Rhonda Smith-Sanchez
Coldwell Banker Island Prop(P)
Buyer's Agent
Alexandra Coon
Coldwell Banker Island Prop(Ka)
List Price
$1,499,000
Sold Price
$1,470,000
Premium/Discount to List
-$29,000
-1.93%
Views
69
Current Estimated Value
$1,465,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,544
Avg. Annual Appreciation
-0.81%
Original Mortgage
$720,500
Outstanding Balance
$720,500
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$744,956

Purchase Details

Closed on
Jan 2, 2024
Sold by
Yamashita David Matsuo and Yamashita Robin Marie
Bought by
Yamashita David Matsuo and Yamashita Robin Marie

Purchase Details

Closed on
Sep 21, 2009
Sold by
Nohonanea Llc
Bought by
Yamashita David Matsuo and Yamashita Robin Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,470,500 Fidelity National Title
Deed -- None Listed On Document
Warranty Deed $585,000 Fntic
Warranty Deed $585,000 Accommodation
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,500 New Conventional
Previous Owner $468,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 Sold $1,470,000 -1.9% $1,086 / Sq Ft
08/29/2025 08/29/25 Pending -- -- --
08/22/2025 08/22/25 For Sale $1,499,000 -- $1,107 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

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 $818 $887,100 $666,000 $221,100
2024 $818 $754,300 $546,000 $208,300
2023 $748 $693,600 $484,100 $209,500
2022 $893 $646,400 $455,200 $191,200
2021 $1,016 $621,700 $440,700 $181,000
2020 $1,062 $623,000 $440,700 $182,300
2019 $1,203 $614,700 $436,800 $177,900
2018 $1,284 $650,500 $423,000 $227,500
2017 $1,215 $0 $0 $0
2016 $1,130 $618,600 $407,700 $210,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 406914

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-2-009-044-0000

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