$4,000,000
SOLD FEB 24, 2025

592 Hapapa Rd Kula, HI 96790

4 Beds
5 Baths
3,858 Sq Ft
2.41 Acres

Recently Sold

$1,037 Per Sq Ft

18% Below List Price

163 Days on Market

Highlights

  • Spa
  • 2.41 Acre Lot
  • Wood Flooring
  • Solar Power System
  • Mountain View
  • Lanai

About This Home

As of February 2025

Kula perfection. Discover serenity and luxury on this private, tree-lined estate on Haleakala's slopes. With breathtaking multi-island, crater and Maui coastline VIEWS, this 2.4 acre property embodies island living at its finest. The landscaped grounds include vibrant lawns, an operational protea farm, a Victorian greenhouse, and a custom chicken coop with free-range hens. There's room to add a pool or pickleball court, creating a complete paradise. The estate features a 3,858 sf main home with 4 bedrooms and 4.5 bathrooms, plus a 1,067 sf, 2 bedroom, 1 bath cottage. The main residence offers 2 living areas, ideal for privacy or hosting guests. The primary suite is a tranquil retreat with a walk-in closet, leathered granite counters, and a travertine shower. 3 additional ensuite bedrooms include thoughtful touches like a linear fireplace for added ambiance. Bootstrap maple hardwood floors lead through the home, featuring a wine cellar and a chef's kitchen with Wolf and Sub-Zero appliances, custom maple cabinets, granite countertops, and a Scotsman nugget ice maker. Sustainability is key, with 62 owned photovoltaic panels, two EV charging stations, and 3 Tesla batteries for the main home, and 21 panels plus an EV charging outlet for the cottage. The front slate deck offers panoramic mountain and ocean views, plus a hot tub to view the stars, while the backyard has a gas fire pit for the cool evening and views of Haleakala. The PRIVATE 2-bedroom COTTAGE, built in 2015, features a 400 sf lanai with stunning sunrise and sunset VIEWS. Quiet beauty and masterful craftsmanship make this a rare property to call home.

Last Agent to Sell the Property

Moana Andersen

Equity One Real Estate Inc (P) License #RB-15400 Listed on: 07/29/2024

Last Buyer's Agent

Dano Sayles

Coldwell Banker Island Prop(S) License #RB-16779

Coldwell Banker Island Prop(S)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,438

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 2.41 Acre Lot
  • Property fronts a private road
  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Shake Roof
  • Asphalt Shingled Roof
  • Double Stud Wall
  • Tile

Interior Spaces

  • 3,858 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Chandelier
  • Fireplace
  • Blinds
  • Entryway
  • Dining Area
  • Workshop
  • Storage Room
  • Dryer
  • Mountain Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Spa
  • Lanai

Schools

  • Kula Elementary School
  • Samuel E Kalama Intermediate
  • King Kekaulike High School

Utilities

  • Heating System Uses Gas
  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Cable TV Available

Community Details

  • Malukaohu Farms Subdiv Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2230390120000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,438

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • View: Mountain/Ocean
  • Year Built: 1965
  • Property Sub Type: SF w/Det Ohana or Cottage
  • Prop. Type: Residential
  • LotFeatures: Electricity Easement, Other Easement, Water Easement
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • SecurityFeatures: Smoke/Heat Detector
  • Subdivision Name: Malukaohu Farms Subdiv
  • Carport Y N: No
  • Fireplace: Yes
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Chandelier/Swag Lamp, Entry, Remodeled, Storage, Workshop, Ceiling Fan, TV Cable, Dining Area, Storage Room
  • Unit Levels: Two
  • LivingArea: 3858
  • Green Power: Solar
  • Roof: Cedar Shake, Asphalt/Comp Shingle
  • WindowFeatures: Blinds
  • Tax Year: 2024
  • Financial Info Electric: Photovoltaics Seller Owned, Underground
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone/Concrete, Tile, Wood
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator
  • Basement: Finished
  • Total Bedrooms: 4
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Fencing: Wall/Fence
  • Acres: 2.41
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disc Statement
  • Home Warranty: No
  • Construction Type: Wood, Double Wall
  • Exterior Features: Lawn Sprinkler
  • Foundation Details: Concrete Slab, Hollow Tile, Post and Pier
  • Patio And Porch Features: Uncovered Lanai/Deck, Ohana Covered Lanai/Deck

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Heating: Gas, Fireplace(s), Fireplace
  • Sewer: Septic Tank
  • HeatingYN: Yes
  • Utilities: Cable Connected
  • Water Source: Public, Private

Schools

  • Elementary School: Kula Elementary
  • High School: King Kekaulike High
  • Middle Or Junior School: Samuel E Kalama Intermediate

Lot Info

  • Topography: Gentle Slope
  • Lot Size Sq Ft: 104980
  • ResoLotSizeUnits: Acres
  • Parcel #: 2230390120000
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 6438.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Feb 6, 2025
Sold by
Timothy Robert Wheeler and Timothy Marianne Whee
Bought by
592 Hapapa Rd Property Llc
Seller's Agent
Moana Andersen
Equity One Real Estate Inc (P)
Buyer's Agent
Dano Sayles
Coldwell Banker Island Prop(S)
List Price
$4,900,000
Sold Price
$4,000,000
Premium/Discount to List
-$900,000
-18.37%
Views
59
Current Estimated Value
$3,304,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$695,756
Avg. Annual Appreciation
-21.01%

Purchase Details

Closed on
Jul 6, 2022
Sold by
Robert Wheeler Timothy and Robert Marianne
Bought by
Timothy Robert Wheeler And Marianne Wheeler R

Purchase Details

Closed on
Feb 11, 2022
Sold by
Wheeler Timothy Robert and Whee Marianne
Bought by
Wheeler Timothy Robert and Wheeler Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2018
Sold by
Wheeler Timothy and Wheeler Marianne
Bought by
Wheeler Timothy Robert and Wheeler Marianne

Purchase Details

Closed on
May 3, 2011
Sold by
Sutherland Robert Seymour
Bought by
Wheeler Timothy R and Wheeler Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
Holroyde Paula E
Bought by
Sutherland Robert Seymour and Robert Seymour Sutherland Revocable Tr

Purchase Details

Closed on
Mar 1, 2006
Sold by
Holroyde E Alan and Holroyde Paula E
Bought by
Holroyde Paula E

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- Title Guaranty
Warranty Deed -- Title Guaranty
Warranty Deed -- Roth Law Firm Lllc
Warranty Deed -- Roth Law Firm Lllc
Warranty Deed -- Servicelink
Interfamily Deed Transfer -- None Available
Warranty Deed $947,500 Tg
Warranty Deed $1,400,000 Tg
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $758,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2025 02/24/25 Sold $4,000,000 -10.6% $1,037 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/18/2024 12/18/24 Price Changed $4,475,000 -8.7% $1,160 / Sq Ft
07/29/2024 07/29/24 For Sale $4,900,000 -- $1,270 / 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 $6,884 $1,714,000 $632,500 $1,081,500
2024 $6,884 $1,576,800 $542,200 $1,034,600
2023 $6,439 $1,463,300 $421,800 $1,041,500
2022 $5,552 $1,261,800 $313,400 $948,400
2021 $4,995 $1,135,200 $289,400 $845,800
2020 $5,089 $1,156,700 $301,400 $855,300
2019 $5,202 $1,130,900 $297,800 $833,100
2018 $5,919 $1,300,900 $283,300 $1,017,600
2017 $2,659 $0 $0 $0
2016 $2,716 $1,205,900 $265,300 $940,600
2015 -- $880,900 $125,300 $755,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 403022

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-039-012-0000