NOT LISTED FOR SALE

Estimated Value: $7,459,000 - $8,517,867

4 Beds
4 Baths
3,613 Sq Ft
$2,250/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $8,930,000 $2,472 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $47,165/month

26 Days on Market

Highlights

  • Ocean View
  • 5.32 Acre Lot
  • Eat-In Kitchen
  • Heated In Ground Pool
  • Furnished
  • Home Security System

About This Home

As of January 2023

This alluring five-acre plus estate is situated on the most prime lot within Puunoa Estates and possibly West Maui. The property’s location and strategic landscaping provide absolute privacy. Puunoa is a prestigious gated community located just south of Lahaina Towne comprised of only 24 estate sites which are a minimum of five acres in size. Puunoa Estates’ owners could afford to live anywhere in the world but have chosen to make Puunoa their home. They are drawn to a lifestyle where summer never ends, remarkable beaches are easily accessible and outstanding views of the ocean, neighbor islands, West Maui Mountains, sunsets, and whale watching in season, create a dramatic setting to call home. 67 Wili Okai Way is a captivating property with many amenities not found on any other current offering on West Maui. The private driveway up to the estate is adorned with many stately royal palm trees that border stunning mountain and ocean views as one enters and exits the property. An exquisite water feature with tiki torches to light in the evening marks the entrance to this beautiful, stately single-level home. All five acres of land are fully manicured with native trees, plants and lush green lawn. The infrastructure includes a perfect location to construct an additional cottage (Ohana), as well as a free-standing barn, while maintaining the unobstructed views from the main residence. The approximately 425-foot elevation of this estate captures views of three neighbor islands, Kahoolawe, Lanai, and Molokai. Just below the property is the most beautiful stretch of a six-mile paved trail limited to pedestrians, bicyclists, and equestrians. The most significant investment unique to this property is a private water well, constructed in 2019, which provides both potable and non-potable water to the estate. The utility capacity of the well, capable of up to 400 gallons per minute of permanent pumping, gives an avid environmentalist owner much flexibility and the ability to explore possibilities of sharing water with others and possibly create income from this phenomenal amenity. The existence of the well creates significant savings compared to the alternative costs of water supply. The installation of a major photovoltaic solar field and additional solar panels on the back of the property give the estate tremendous energy efficiency by drastically reducing electric costs to the home and propane costs to heat the resort-style ceramic tiled pool and spa. Other exterior amenities include an outside gathering place complete with fire feature and expansive decks for outdoor living, relaxing, or entertaining; a 15-foot private personal roadway around the complete perimeter of the property for caretakers’ easy access; extensive decorative and retaining walls; fully mature landscaping including a variety of palms, a citrus grove and other colorful floral hedges; a home generator; high output fire hydrant spigots at both the home and garage; a fire hose; and private outdoor shower. Interior amenities include a six-zoned air conditioning system enabling customized interior climate control, sprinkler system inside both the home and the garage, security system, high quality interior and exterior sound system, water softening and purification system, and American Security wall safe. Above and beyond the actual amenities of this striking property, the special personality of the property is compelling. Included in the sale of this estate, is an extensive iconic collection of master photographer Peter Lik. The presence of his art creates a powerful and emotional back drop within the main residence. Detailed information to be provided upon request. A discerning buyer will immediately recognize all that sets this lovely property apart.

Last Agent to Sell the Property

Mary Anne Fitch

Coldwell Banker Island Prop-KP License #RB-15747 Listed on: 09/09/2022

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Keri Nicholson

Coldwell Banker Island Prop-KP License #RB-24151

Coldwell Banker Island Prop-KP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,151

Year Built

  • Built in 2011

Lot Details

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

HOA Fees

  • $657 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior
  • Double Stud Wall

Interior Spaces

  • 3,613 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Entryway
  • Family Room
  • Dining Area
  • Storage
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Water Heater
  • Agricultural

Community Details

  • Puunoa Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,151

Year Built

Built in 2011

Lot Details

0

HOA Fees

$657 per month

Listing Details

  • Ada Enhanced Access: 1 Level
  • District: Lahaina
  • Other Features: Storage, Lawn Sprinkler, Wall/Fence, Entry, Spa/Hot Tub
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Private
  • Type: Single Family
  • View: Ocean
  • Year Built House: 2011
  • Geo Subdivision: HI
  • Tax Year Ending: 2022
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2011

Interior Features

  • Additional Rooms: Dining Area, Eat-In Kitchen/Nook, Family Room, Laundry Room
  • Bathrooms: 4
  • Bedrooms: 4
  • Included: Auto Garage Door Opener, Blinds, Security System, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Furnished, Microwave, Range, Refrigerator, Smoke/Heat Detector, Solar Water Heating, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 3613
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 2471.63
  • Total Living Sq Ft: 3613

Exterior Features

  • Construction Data: Double Wall
  • Design And Structure: 1 Story
  • Exterior Finish: Stucco
  • Pool: Yes
  • Pool Type: In-Ground, Heated
  • Roofing: Monier Tile/Tile
  • Substructure: Concrete Slab

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2
  • Garage Parking Sq Ft House: 844

Utilities

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

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 657
  • Association Manager: Hawaiiana Management
  • Other Monthly Fees: Association Fee

Lot Info

  • County Zoning: Agricultural
  • General Land Class: Agricultural
  • Land Acres: 5.321
  • Land Sq Ft: 231783
  • Topography: Gentle Slope
  • Geo Address Line: 67 Wili Okai Way
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Taxes Per Month: 2796.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Dec 16, 2022
Sold by
Mcdonald Mark and Mcdonald Ashley
Bought by
Rymer Enriquito Augustus and Rymer Kimberly West
Seller's Agent
Mary Anne Fitch
Coldwell Banker Island Prop-KP
Buyer's Agent
Keri Nicholson
Coldwell Banker Island Prop-KP
List Price
$9,500,000
Sold Price
$8,930,000
Premium/Discount to List
-$570,000
-6%
Total Days on Market
26
Current Estimated Value
$8,128,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$801,378
Avg. Annual Appreciation
-3.83%

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jul 25, 2017
Sold by
Laband Patrick Steven and Laband Carolyn Erb
Bought by
Mcdonald Mark and Mcdonald Ashley
Seller's Agent
Dean Otto
Keller Williams Realty Maui-L
Buyer's Agent
Dean Otto
Keller Williams Realty Maui-L
List Price
$4,900,000
Sold Price
$4,250,000
Premium/Discount to List
-$650,000
-13.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%
Original Mortgage
$4,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2016
Sold by
Laband Patrick S
Bought by
Laband Patrick S and Laband Carolyn E

Purchase Details

Closed on
May 4, 2016
Sold by
Laband Patrick S and Laband Carolyn E
Bought by
Patrick & Carolyn Laband Trust

Purchase Details

Closed on
Sep 28, 2011
Sold by
Bd 2011 Llc
Bought by
Laband Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 6, 2011
Sold by
Lindy Lu L L C
Bought by
Bd 2011 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
4.72%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Rymer Enriquito Augustus $8,930,000 Fidelity National Title
Mcdonald Mark $4,250,000 Fam
Laband Patrick S -- None Available
Patrick & Carolyn Laband Trust -- None Available
Laband Patrick S $2,850,000 Or
Bd 2011 Llc $1,100,000 Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald Mark $4,000,000
Previous Owner Laband Patrick S $200,000
Previous Owner Bd 2011 Llc $990,000
Previous Owner Lindy Lu Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2023 01/18/23 Sold $8,930,000 -6.0% $2,472 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $9,500,000 +123.5% $2,629 / Sq Ft
08/30/2017 08/30/17 Sold $4,250,000 -13.3% $1,176 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
11/22/2016 11/22/16 For Sale $4,900,000 -- $1,356 / 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 $13,151 $5,592,700 $1,703,300 $3,889,400
2024 $13,151 $5,561,700 $1,847,800 $3,713,900
2023 $41,311 $5,096,900 $1,373,400 $3,723,500
2022 $33,554 $4,463,000 $1,077,700 $3,385,300
2021 $31,905 $4,413,700 $1,238,700 $3,175,000
2020 $29,171 $4,482,000 $1,238,700 $3,243,300
2019 $26,066 $4,388,200 $1,342,000 $3,046,200
2018 $20,216 $3,369,400 $662,600 $2,706,800
2017 $13,894 $0 $0 $0
2016 $12,640 $2,233,200 $465,900 $1,767,300
2015 -- $2,480,200 $512,500 $1,967,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 396906

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-7-003-005-0000