NOT LISTED FOR SALE

62-3469 Lanikeha Way Kamuela, HI 96743

Estimated Value: $4,038,000 - $5,645,000

4 Beds
4 Baths
4,056 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $3,600,000 $888 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $32,209/month

62 Days on Market

About This Home

As of January 2021

Rare opportunity to own a timeless classic in the Mauna Kea Fairways North. Fairways North #16 overlooks the 5th and 6th fairways of the iconic Mauna Kea Golf Course and enjoys expansive and unobstructed ocean views. The almost acre lot (36,548 square feet) is one of the few residential properties currently being offered for sale behind the main gated entrance to the Mauna Kea Beach Hotel. Of the 32 single family homesites within “Fairways North”, Lot #16 is the ONLY home available for sale at this time.

The split level home offers two guest bedrooms on the main level as well as two downstairs master bedroom suites (on the ocean view), both with ensuite bathrooms. The view and privacy of the lot is one of the primary attributes of the property. Additionally, the home offers a detached 3 car garage as well as an office/bonus room on the main level of the home, perfect for working remotely from paradise. From the covered outdoor patio deck the views of the north coast of the island, Kohala Mountains and Maui are quite exceptional. The home is sold fully furnished and in “move in” condition. The property is an active and licensed vacation rental with advanced bookings in place.

Mauna Kea Resort Homeowner amenities via the Resort Club Membership program are available which include golf, tennis, beach and pool access at two world class hotels. A great opportunity for the Buyer looking to establish a home within the gated area of the Mauna Kea Resort with quick access to Mauna Kea Beach Hotel and beach amenities which have made this the world class resort it is today.

Last Agent to Sell the Property

Jake Chancer

Hawaii Life Brokerage Phone: 8089376958 License #RB-23814 Listed on: 09/18/2020

Hawaii Life

Last Buyer's Agent

Nicolaas Schenk

Coldwell Banker Island Properties - Kona License #RS-76508

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,048

Year Built

  • Built in 1986

Lot Details

  • Property fronts a private road
  • Property is zoned RS-20

HOA Fees

  • $1,604 Monthly HOA Fees

Parking

  • Detached Garage

Interior Spaces

  • 4,056 Sq Ft Home
  • Carpet

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Underground Utilities

Community Details

  • Mauna Kea Resort Mauna Kea Fairways North Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 16
  • Assessor Parcel Number 3620080160000

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,048

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,604 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8089376958
  • Co List Office Phone: 8088825600
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MAUNA KEA RESORT - MAUNA KEA FAIRWAYS NORTH
  • Living Area: 4056.0
  • Property Attached Yn: No
  • Year Built: 1986
  • Tax Year: 2020
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Oven
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Flooring: Carpet
  • Total Bathrooms: 4

Exterior Features

  • Waterfront: No
  • Roads: Private

Garage/Parking

  • Parking Features: Detached

Utilities

  • Utilities: Electricity Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 1604.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3620080160000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 30048.0
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2019
Sold by
Faessler Rosana F and Faessler Johannes P
Bought by
Faessler Rosana F and Rosana F Faessler Trust
Current Estimated Value
$4,929,724

Purchase Details

Closed on
Feb 9, 2018
Sold by
Hutchinson William Raymond and Hutchinson Joyce Breihan
Bought by
Faessler Rosana F and Faessler Johannes P
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Faessler Rosana F -- None Available
Faessler Rosana F $3,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutchinson William R $1,040,000
Previous Owner Hutchinson William R $1,130,000
Previous Owner Hutchinson William Raymond $1,400,000
Previous Owner Kobrovsky Stuart $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $3,600,000 -7.7% $888 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $3,900,000 -- $962 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $44,942 $3,729,900 $2,098,500 $1,631,400
2024 $44,942 $3,672,200 $2,098,500 $1,573,700
2023 $48,641 $3,944,200 $2,656,300 $1,287,900
2022 $43,341 $3,554,500 $1,953,300 $1,601,200
2021 $33,310 $2,816,900 $1,425,700 $1,391,200
2020 $33,333 $2,818,600 $1,454,700 $1,363,900
2019 $31,315 $2,821,200 $1,454,700 $1,366,500
2018 $26,460 $2,383,800 $1,454,700 $929,100
2017 $30,040 $2,706,300 $1,800,500 $905,800
2016 $25,030 $2,490,500 $1,584,600 $905,900
2015 -- $2,345,100 $1,584,600 $760,500
2014 -- $2,077,400 $1,320,500 $756,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 642708

Hawaii Information Service (MLS Hawaii)

APN: 3-6-2-008-019-0000