NOT LISTED FOR SALE

690 Kai Huki Cir Unit Lot 11 Haiku, HI 96708

Haiku Neighborhood

Estimated Value: $1,460,441

25 Acres
$57,657 Price per Acre
1,103,375 Sq Ft Lot

Last Sold June 15, 2023

Last sale price $1,325,000 $1 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,543/month

279 Days on Market

Highlights

  • 25.33 Acre Lot
  • Mountain View
  • Level Lot

About This Lot

As of June 2023

Lot 11 at Pe‘ahi Farms has elevated building sites and gently slopes towards the ocean. Careful planning integrates just 16 custom estate sites centered around agricultural open space. This 25.33-acre parcel offers breathtaking views of Haleakala and the Pacific Ocean. Lots 1, 2, 3, 7, 8, 12, and 15 have sold, Lots 5, 6, and 10 are under contract, and Lot 11 is one of just six remaining lots. Set atop 130 ft. bluffs at Opana Point, at the northernmost point of Maui’s North Shore, these shovel-ready building sites are ready to be built upon. Each lot has the SMA approval for building within the building envelope. With multiple options such as building a house and cottage, just a house, or starting with a small footprint (and budget) you could build the cottage first. The community takes its name from the nearby big wave surf break commonly called Jaws, whose Hawaiian place name is Pe‘ahi, meaning wave. Pe‘ahi Farms offers sweeping views of the Pacific Ocean, upcountry Maui and the slopes of Haleakala, the West Maui Mountains, the island of Molokai, and the rugged coastline that hugs the winding Road to Hana. The breezy bluff property, cooled by prevailing trade winds, gently slopes and undulates, enhancing views and privacy by design – each home site is purposefully chosen to maximize both.

Last Agent to Sell the Property

Josh Jerman

Hawaii Life (W) License #RB-19728 Listed on: 08/19/2022

Hawaii Life (W)

Co-Listed By

Tim Stice

Hawaii Life (W) License #RB-21556

Last Buyer's Agent

Kimberly Drechsel

Living Maui Real Estate LLC License #RB-22959

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,663

Lot Details

  • 25.33 Acre Lot
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Utilities

  • Underground Utilities
  • Private Water Source

Community Details

  • Pe'ahi Farms Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$10,663

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • District: Haiku
  • New Developer Offering: Yes
  • Roads: Paved, Private
  • Type: Vacant Land
  • View: Mountain/Ocean
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1.2

Utilities

  • Utilities To Site: Private Water
  • Water To Site: Private Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 550

Schools

  • Elementary School: Haiku Elementary
  • Middle School: Samuel E Kalama Intermediate
  • High School: King Kekaulike High
  • Elementary School: Haiku Elementary
  • High School: King Kekaulike High
  • Intermediate School: Samuel E Kalama Intermediate

Lot Info

  • County Zoning: Agricultural
  • Land Acres: 25.33
  • Land Sq Ft: 1103375
  • Topography: Level, Gentle Slope
  • Improvements: Underground Utilities
  • Geo Address Line: 690 Kai Huki Cir
  • Geo Primary City: Haiku
  • Geo Quality: 1
  • Geo Zoom Level: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Jun 8, 2023
Sold by
Peahi Farms I Lllc
Bought by
D & D Aloha Holdings Llc
Seller's Agent
Josh Jerman
Hawaii Life (W)
Buyer's Agent
Kimberly Drechsel
Living Maui Real Estate LLC
List Price
$1,500,000
Sold Price
$1,325,000
Premium/Discount to List
-$175,000
-11.67%
Current Estimated Value
$1,460,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,441
Avg. Annual Appreciation
4.91%
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
D & D Aloha Holdings Llc -- Old Republic Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $1,325,000 -11.7% $1 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
10/24/2022 10/24/22 For Sale $1,500,000 0.0% $1 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $1,500,000 -- $1 / 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 $10,663 $7,900 $7,900 --
2024 $10,663 $1,857,700 $1,857,700 --
2023 $300 $47,300 $7,900 $39,400
2022 $350 $43,600 $7,900 $35,700
2021 $350 $43,800 $7,900 $35,900
2020 $400 $45,400 $7,900 $37,500
2019 $400 $45,800 $7,900 $37,900
2018 $1,745 $290,800 $248,300 $42,500
2017 $504 $0 $0 $0
2016 $471 $83,300 $38,000 $45,300
2015 -- $79,000 $36,700 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 396752

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-8-003-085-0000