NOT LISTED FOR SALE

52 Papio Way Unit A Haiku, HI 96708

Haiku Neighborhood

Estimated Value: $3,390,950 - $3,498,000

4 Beds
3 Baths
3,365 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $3,500,000 $1,040 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $18,787/month

142 Days on Market

Highlights

  • Ocean View
  • Lanai
  • Stone Flooring
  • 2.7 Acre Lot
  • Storage
  • 1-Story Property

About This Home

As of June 2024

Perched on Maui's north shore, 52 Papio Way Unit A offers a daily spectacle of surf checks from its lanai and panoramic views of the ocean and Haleakala. Nestled in one of the driest parts of Haiku overlooking Maliko Bay, the sprawling estate is a water enthusiast's haven, inviting jet ski adventures and downwinders. As you approach, a palm tree-lined driveway a sense of enchantment reveals this private oasis. Pass through the grand Porte-cochère, the elegant entry point to this contemporary craftsman-style home. The 3,365 square feet main house unfolds seamlessly, featuring three distinctive wings for extreme privacy. The primary suite wing serves as a sanctuary for spa-inspired rejuvenation, with sunset views from the deep soaking tub and an outdoor shower surrounded by rock walls. A second wing accommodates two guest rooms with access to the back lanai, while the third reveals a private in-law suite with a separate entrance, ideal for guests seeking autonomy. The chef's kitchen, with bamboo countertops and an oversized island, opens to a courtyard adorned with a large herb garden—a tranquil space for outdoor dining. Secured by a gated entrance, residential CPR Unit A encompasses nearly two acres of flat, level land surrounded by lush landscaping and an orchard paradise boasting over 18 fruit-producing trees. Bordering Maliko Gulch, the property ensures additional privacy for its discerning residents. Maliko Bay Subdivision, the closest neighborhood to Ho'okipa Beach Park, is less than five minutes away from Haiku's amenities. This residence not only embraces the epitome of Maui living but also provides a retreat into tranquility. Immerse yourself in the luxury of this waterman's dream, where indoor and outdoor living converge seamlessly on the north shore of Maui.

Last Agent to Sell the Property

Chelsea Dimin

Compass License #RB-22400 Listed on: 12/23/2023

Compass

Last Buyer's Agent

Ryan MacLaughlin

Island Sotheby's Int'l Rlty(W) License #RB-21325

Island Sotheby's Int'l Rlty(W)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,255

Year Built

  • Built in 2007

Lot Details

  • 2.7 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Double Stud Wall

Interior Spaces

  • 3,365 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Chandelier
  • Blinds
  • Entryway
  • Storage
  • Dryer
  • Stone Flooring
  • Ocean Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Carport Spaces
  • No Garage

Outdoor Features

  • Lanai

Schools

  • Haiku Elementary School
  • King Kekaulike High School

Utilities

  • No Heating
  • Underground Utilities
  • Private Water Source
  • Septic Tank

Community Details

  • Maliko Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2270360350001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,255

Year Built

Built in 2007

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • View: Ocean
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Maliko Bay Subdivision
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Chandelier/Swag Lamp, Entry, Storage
  • Unit Levels: One
  • LivingArea: 3365
  • Roof: Asphalt/Comp Shingle
  • WindowFeatures: Blinds
  • Financial Info Electric: Underground
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone/Concrete
  • Appliances: Dishwasher, Disposal, Dryer
  • Total Bedrooms: 4
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Fencing: Wall/Fence
  • Acres: 2.696
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Double Wall, Wood Frame
  • Exterior Features: Lawn Sprinkler
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Covered Lanai/Deck, Uncovered Lanai/Deck

Garage/Parking

  • Covered Parking Spaces: 2
  • Parking Features: Carport, No Garage

Utilities

  • Sewer: Septic Tank
  • HeatingYN: No
  • Water Source: Public, Private

Condo/Co-op/Association

  • Association Fee: 720
  • Association Fee Frequency: Annually

Schools

  • Elementary School: Haiku Elementary
  • High School: King Kekaulike High
  • Middle Or Junior School: Other

Lot Info

  • Topography: Level
  • Lot Size Sq Ft: 117438
  • ResoLotSizeUnits: Acres
  • Parcel #: 2270360350001
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2023
Closed on
Jun 13, 2024
Sold by
Sparks Trust and Baskin Michael S
Bought by
Papio Makai Llc
Seller's Agent
Chelsea Dimin
Compass
Buyer's Agent
Ryan MacLaughlin
Island Sotheby's Int'l Rlty(W)
List Price
$4,400,000
Sold Price
$3,500,000
Premium/Discount to List
-$900,000
-20.45%
Total Days on Market
142
Views
127
Current Estimated Value
$3,461,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,262
Avg. Annual Appreciation
-1.13%
Original Mortgage
$2,000,000
Outstanding Balance
$1,982,310
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$1,479,428

Purchase Details

Closed on
Dec 11, 2023
Sold by
Baskin Michael S
Bought by
Sparks Trust and Baskin

Purchase Details

Closed on
Jan 20, 2023
Sold by
Sparks Trust
Bought by
Baskin Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,320,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 24, 2018
Sold by
Orueta Margarita Zaccagnini
Bought by
Baskin Michael S and Sparks Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2012
Sold by
Meola Gary William
Bought by
Orueta Margarita Zaccagnini

Purchase Details

Closed on
Dec 15, 2010
Sold by
Meola Gary William
Bought by
Meola Gary William
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
Papio Makai Llc -- Fidelity National Title
Sparks Trust -- None Listed On Document
Baskin Michael S -- Fidelity National Title
Baskin Michael S $1,900,000 Fntic
Orueta Margarita Zaccagnini $1,200,000 Fidelity National Title Ins
Meola Gary William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papio Makai Llc $2,000,000
Previous Owner Baskin Michael S $2,320,000
Previous Owner Baskin Michael S $1,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $3,500,000 -7.9% $1,040 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $3,800,000 -3.8% $1,129 / Sq Ft
04/03/2024 04/03/24 Price Changed $3,950,000 -7.1% $1,174 / Sq Ft
02/18/2024 02/18/24 Price Changed $4,250,000 -3.4% $1,263 / Sq Ft
12/23/2023 12/23/23 For Sale $4,400,000 -- $1,308 / 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 $4,255 $3,119,000 $1,018,200 $2,100,800
2024 $4,255 $2,527,700 $864,500 $1,663,200
2023 $3,859 $2,279,400 $614,800 $1,664,600
2022 $3,761 $2,038,500 $528,300 $1,510,200
2021 $4,078 $1,845,200 $432,500 $1,412,700
2020 $4,299 $1,891,100 $451,500 $1,439,600
2019 $3,073 $1,259,500 $474,500 $785,000
2018 $10,081 $1,597,700 $616,400 $981,300
2017 $8,753 $0 $0 $0
2016 $810 $1,349,600 $447,700 $901,900
2015 $150 $1,281,500 $458,400 $823,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 400649

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-7-036-035-0001