NOT LISTED FOR SALE

5550 Makena Rd Kihei, HI 96753

Estimated Value: $2,771,000 - $18,807,406

5 Beds
5.5 Baths
6,086 Sq Ft
$1,773/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $10,500,000 $1,725 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $70,399/month

437 Days on Market

Highlights

  • Ocean Front
  • 1.05 Acre Lot
  • Central Air
  • Heated In Ground Pool
  • Mountain View
  • 2 Car Garage

About This Home

As of March 2018

Black Sands Makena is a secluded and gated ocean front enclave with only seven homes, each terraced and built in harmony with one of the most picturesque settings on the island. Featuring more then 6,000 square feet of living space that embraces the most appealing qualities of indoor and outdoor living, this contemporary 5-bedroom home seamlessly and dramatically showcases the ocean, tasteful tropical landscaping and the finest finishes-on more than an acre of Prime Maui real estate. Breathtaking ocean views from nearly every room and expansive forever-views of the outer islands framed by lush greenery and brilliant tropical flora. Immediate access to warm water swimming, incredible snorkeling along pristine reef, kayaking, paddle boarding and whale watching-steps across the sand from the front door. Unrivaled views pool-side. A showcase property designed for entertaining, or a more secluded immersion in the amazing Maui Lifestyle. Warm, black sand is just beyond the front yard of the property, which was oriented and designed by a top Maui architect to maximize the visual impact and harmonize the footprint. Makena Beach, with its expanse of golden sand, is just around the bend to the south, beyond the landmark Puu Olai cinder cone. Zoned for additional cottage/caretakers quarters.

Last Agent to Sell the Property

Bob Cella

Coldwell Banker Island Prop-Ku License #RB-17859 Listed on: 10/28/2016

Coldwell Banker Island Prop-Ku

Last Buyer's Agent

Alex Cortez

Island Sotheby's International Realty(L) License #RB-21828

Island Sotheby's International Realty(L)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $165,783

Year Built

  • Built in 2007

Lot Details

  • 1.05 Acre Lot
  • Ocean Front
  • Private Streets
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Property Views

  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5.5 Bathrooms

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • $1,470 Maintenance Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$165,783

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • District: Wailea/Makena
  • Other Features: Lawn Sprinkler, Spa/Hot Tub
  • Roads: Paved, Private Maintenance Fee
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Bathrooms: 5.5
  • Bedrooms: 5
  • Living Area Sq Ft: 6086

Exterior Features

  • Pool: Yes
  • Pool Type: In-Ground, Heated
  • Uncovered Lanai Deck SqFt House: 2164
  • Waterfront: Oceanfront

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Sewer: Septic Tank
  • Utilities To Site: County Water, County Water Meter Ins, Underground Electricity, Telephone, Tv Cable

Fee Information

  • Maintenance Fee Amount: 1470

Lot Info

  • Land Acres: 1.05
  • Land Sq Ft: 45738
  • State Zoning: Agricultural
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2020
Sold by
Cumming Christopher Harrington and Cumming Paige Asplundh
Bought by
Cumming Paige Asplundh and Comming Christopher H
Current Estimated Value
$10,789,203

Purchase Details

Listed on
Oct 28, 2016
Closed on
Feb 26, 2018
Sold by
Ijw Investments Llc
Bought by
20 Degrees North Properties Llc
Seller's Agent
Bob Cella
Coldwell Banker Island Prop-Ku
Buyer's Agent
Alex Cortez
Island Sotheby's International Realty(L)
List Price
$11,900,000
Sold Price
$10,500,000
Premium/Discount to List
-$1,400,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.36%

Purchase Details

Closed on
Apr 14, 2005
Sold by
Pono Awawa Inc
Bought by
Ijw Investments Llc

Purchase Details

Closed on
Dec 16, 2004
Sold by
B Acquisition Makena Investment Llc
Bought by
Pono Awawa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.76%
Mortgage Type
Seller Take Back
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
Cumming Paige Asplundh -- None Available
Cumming Christopher Harrington $12,500,000 None Available
20 Degrees North Properties Llc $10,500,000 Tg
Ijw Investments Llc $3,100,000 Tg
Pono Awawa Inc $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pono Awawa Inc $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2018 03/05/18 Sold $10,500,000 -11.8% $1,725 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
11/16/2017 11/16/17 Price Changed $11,900,000 0.0% $1,955 / Sq Ft
10/28/2016 10/28/16 For Sale $11,900,000 -- $1,955 / 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 $165,783 $13,647,200 $6,026,900 $7,620,300
2024 $165,783 $13,208,100 $6,026,900 $7,181,200
2023 $139,075 $12,918,000 $5,740,000 $7,178,000
2022 $120,634 $11,442,700 $5,000,700 $6,442,000
2021 $73,006 $9,551,400 $3,587,600 $5,963,800
2020 $61,343 $9,144,700 $3,130,600 $6,014,100
2019 $53,635 $9,029,500 $3,130,600 $5,898,900
2018 $61,011 $10,168,500 $2,974,300 $7,194,200
2017 $62,453 $0 $0 $0
2016 $59,483 $10,509,400 $3,866,600 $6,642,800
2015 -- $9,773,300 $3,701,700 $6,071,600
Source: Public Records

Agents Affiliated with this Home

  • Bob Cella

    Seller's Agent in 2018

    Bob Cella

    Coldwell Banker Island Prop-Ku

    (808) 280-5000

    5 in this area

    5 Total Sales

    Bob Cella
    Section Image
  • Alex Cortez

    Buyer's Agent in 2018

    Alex Cortez

    Island Sotheby's International Realty(L)

    (808) 385-5034

    40 in this area

    62 Total Sales

    Alex Cortez
    Section Image
  • Ryan MacLaughlin

    Buyer Co-Listing Agent in 2018

    Ryan MacLaughlin

    Island Sotheby's Int'l Rlty(W)

    (808) 392-6657

    56 in this area

    97 Total Sales

    Ryan MacLaughlin
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 371394

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-006-108-0000

Hawaii Maui County Kihei 96753

5550 Makena Rd, Kihei, HI

This home is located at 5550 Makena Rd, Kihei, HI 96753 since 28 October 2016 and is currently estimated at $10,789,203, approximately $1,772 per square foot. This property was built in 2007. 5550 Makena Rd is a home located in Maui County with nearby schools including Kamali'i Elementary School, Lokelani Intermediate School, and Maui High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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