NOT LISTED FOR SALE

68-1051 Honokaope Way Kamuela, HI 96743

Estimated Value: $6,245,219 - $7,461,000

5 Beds
5 Baths
5,624 Sq Ft
$1,223/Sq Ft Est. Value

Last Sold February 07, 2017

Last sale price $2,400,000 $427 Per Sq Ft

About This Home

As of February 2017

Open House Daily from 1-4PM & by Appointment.

Enjoy fairway and Honoka’ope Bay views from this expansive Big Island estate within the Mauna Lani Resort. One of only 49 homes in the premier 49 Black Sand Beach resort community, 68-1051 Honoka’ope Way features 5 bedrooms, 4.5 baths, seamless indoor/outdoor living, and panoramic fairway views. Additionally, property ownership includes exclusive access to resort amenities at the Mauna Lani Beach Club and Restaurant such as a 25-meter lap pool, fitness facility, tennis courts, racquet club, spa, personal concierge services, and special reservation rates for two championship, 18-hole golf courses.

This is a great opportunity to acquire a fabulous resort style home in one of the most exclusive oceanfront communities on Hawaii’s Big Island. This uniquely positioned home is situated along the Mauna Lani South course with direct unobstructed ocean views and panoramic mountain and fairway views.

Home Features:
Exclusive Resort Community
Panoramic views of Golf, Ocean and Mountains
Large sliding Mahogany and glass pocket doors
African Mahogany cabinets, trim and doors
Flagstone quartzite floors
One-of-kind custom-built stairway
Expansive master bedroom and a luxurious, private master bath
Stunning panoramic views of the ocean and mountains from the master suite

49 Black Sand Beach and Mauna Lani Resort offers all you dream about with the best amenities and luxuries in the most beautiful natural scenic setting for a touch of adventure and luxury in this world-class resort.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Feb 3, 2017
Sold by
Haas Enterprises Hawaii Llc
Bought by
Black Sands Investment Llc
Seller's Agent
Dave Firestone
Hawaii Luxury Real Estate
Buyer's Agent
Dave Firestone
Hawaii Luxury Real Estate
List Price
$4,200,000
Sold Price
$2,400,000
Premium/Discount to List
-$1,800,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%

Purchase Details

Closed on
Jul 29, 2016
Sold by
Haas Michael Thomas and Haas Carrie Miller
Bought by
Haas Enterprises Hawaii Llc

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jul 1, 2015
Sold by
Rearden Janice
Bought by
Haas Michael Thomas and Haas Carrie Miller
Seller's Agent
Yvonne Kouri-Morgan
Corcoran Pacific Properties
Buyer's Agent
Dave Firestone
Hawaii Luxury Real Estate
List Price
$3,550,000
Sold Price
$3,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$2,375,000
Interest Rate
3.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 21, 2006
Sold by
Rafters Hawaii Llc
Bought by
Rearden Charles and Rearden Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,941,250
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 24, 2006
Sold by
Rearden Charles and Rearden Janice
Bought by
Rafters Hawaii Llc

Purchase Details

Closed on
Feb 22, 2005
Sold by
4919 Llc
Bought by
Rearden Michael and Rearden Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 10, 2003
Sold by
Hampton Stein Tracey T and Rearden Michael
Bought by
4919 Llc

Purchase Details

Closed on
Jul 18, 2000
Sold by
Naylor John P and Naylor Cheryl C
Bought by
Hampton Tracey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
8.2%

Purchase Details

Closed on
Mar 5, 2000
Sold by
Sea Cliff Development Llc
Bought by
Naylor John P and Naylor Cheryl C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
8.21%
Mortgage Type
Stand Alone First
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
Black Sands Investment Llc $2,400,000 None Available
Haas Enterprises Hawaii Llc $1,000 Accommodation
Haas Michael Thomas $3,550,000 Tg
Rearden Charles $3,350,000 None Available
Rafters Hawaii Llc $1,000 Tg
Rearden Michael $1,800,000 --
4919 Llc $1,060 --
Hampton Tracey T $1,350,000 --
Naylor John P $985,000 Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haas Michael Thomas $2,375,000
Previous Owner Peneku Harold Olson $236,500
Previous Owner Rearden Charles $400,000
Previous Owner Rearden Charles $250,000
Previous Owner Rearden Charles $1,941,250
Previous Owner Rearden Michael $300,000
Previous Owner 4919 Llc $1,503,075
Previous Owner Hampton Tracey T $720,000
Previous Owner Naylor John P $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Off Market $2,400,000 -- --
02/07/2017 02/07/17 Sold $2,400,000 -42.9% $427 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
07/28/2015 07/28/15 For Sale $4,200,000 +18.3% $747 / Sq Ft
07/17/2015 07/17/15 Sold $3,550,000 0.0% $632 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $3,550,000 -- $632 / Sq Ft

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 $53,219 $4,902,700 $1,679,300 $3,223,400
2024 $53,219 $4,280,800 $1,473,100 $2,807,700
2023 $46,186 $3,763,700 $1,473,100 $2,290,600
2022 $24,645 $3,535,900 $924,600 $2,611,300
2021 $36,887 $3,079,900 $835,700 $2,244,200
2020 $36,288 $3,035,900 $835,700 $2,200,200
2019 $31,461 $2,834,300 $759,800 $2,074,500
2018 $30,756 $2,770,800 $759,800 $2,011,000
2017 $37,149 $3,346,800 $759,800 $2,587,000
2016 $22,604 $2,249,200 $759,800 $1,489,400
2015 -- $2,111,100 $750,200 $1,360,900
2014 -- $2,090,400 $750,000 $1,340,400
Source: Public Records

Agents Affiliated with this Home

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