$16,000,000
SOLD SEP 30, 2024

706 Mokuleia Place Unit 6 Lahaina, HI 96761

Kapalua Neighborhood
5 Beds
-- Bath
7,237 Sq Ft
2.12 Acres

Recently Sold

$2,211 Per Sq Ft

10% Below List Price

189 Days on Market

Highlights

  • Ocean View
  • 2.12 Acre Lot
  • Furnished
  • In Ground Pool
  • Wood Flooring
  • Home Security System

About This Home

As of September 2024

Rarely does the perfect tropical estate come available…until NOW. Prominently perched on the 16th hole of the world-famous Kapalua Plantation Course, the estate at 706 Mokuleia Place is a remarkable estate that offers the very best in affluent & yet casual island living! Dramatic & expansive sunrise/sunset, islands, resort & golf fairway views await YOU every moment you are there! From the construction to the artwork & furnishings, the highest quality & craftmanship is apparent throughout. Built in 2008, this property was renovated and furnished in 2019/2020. The scope of work included a new roof, interior furnishings, rock walls, extensive landscaping renovation (including plantings of trees, palms, shrubs, bromeliads & lighting) and the creation of a Palapa & Koi pond. The estate is equipped with the most reliable brand appliances including Honeywell AC systems, SONOS audio/visual system, Lutron smart house system, Security Tech, Rinnai on-demand water systems, Kohler tub & toilet systems, Wolf cookware, Bosch dishwasher systems and Subzero refrigeration & wine storage systems. The 2.12 acres estate consists of 8,217 living square feet. The layout consists of the main home (5-bedroom, 5-bathroom, 3 ½ baths, exercise room, study, media room with 2 laundry rooms & a 3-vehicle garage) and the Ohana (3 bedroom, 3 bathroom, 2-vehicle garage). There are multiple pool/spa amenities at the upper and lower level as well as a BBQ area, Palapa, outdoor showers, putting green & multiple firepits. The estate is located in phase 2 of the Plantation Estates of Kapalua Sold furnished with exceptions. Information may not correspond to public records. Buyer/buyer's agent to confirm all information.

Last Agent to Sell the Property

Raymond Chin

Coldwell Banker Island Prop-KP License #RB-20642 Listed on: 03/01/2024

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Jason Gilbert

Coldwell Banker Island Prop(S) License #RS-83325

Coldwell Banker Island Prop(S)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $99,108

Year Built

  • Built in 2008

Lot Details

  • 2.12 Acre Lot
  • Fenced
  • Sprinkler System
  • Zoning described as Agricultural

HOA Fees

  • $726 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 5 Bedrooms
  • 7,237 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Shelving
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Blinds
  • Family Room
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • No Heating
  • Underground Utilities
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Community Details

  • Plantation Estates Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2420050590000

Home Details

Home Type

Single Family

Est. Annual Taxes

$99,108

Year Built

Built in 2008

Lot Details

0

HOA Fees

$726 per month

Parking

5

Listing Details

  • View: Ocean
  • Year Built: 2008
  • Property Sub Type: SF w/Det Ohana or Cottage
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Security System, Smoke/Heat Detector
  • Subdivision Name: Plantation Estates
  • Fireplace: No
  • Garage Yn: Yes
  • Interior Features: Book Shelves, Ceiling Fan(s), Chandelier/Swag Lamp, Furnished, Home Warranty, Inventory, Kitchen Ware, Linens, TV Cable, Ceiling Fan, Family Room
  • Unit Levels: One
  • LivingArea: 7237
  • Roof: Monier Tile/Tile
  • WindowFeatures: Blinds, Drapes
  • Financial Info Electric: Underground
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone/Concrete, Carpet, Wood
  • Spa Features: Spa/Hot Tub
  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Compactor, Washing Machine
  • Total Bedrooms: 5
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Fencing: Wall/Fence
  • Acres: 2.12
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Stucco, Double Wall
  • Exterior Features: Lawn Sprinkler
  • Foundation Details: Concrete Slab

Garage/Parking

  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air, Ohana Central Air
  • HeatingYN: No
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 726
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size Sq Ft: 92347
  • ResoLotSizeUnits: Acres
  • Parcel #: 2420050590000
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 99108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Sep 23, 2024
Sold by
Carol Ann Omack Living Trust and Weak Laura Ann
Bought by
Parady Gregory Jaques and Parady Jennifer Ann
Seller's Agent
Raymond Chin
Coldwell Banker Island Prop-KP
Buyer's Agent
Jason Gilbert
Coldwell Banker Island Prop(S)
List Price
$17,800,000
Sold Price
$16,000,000
Premium/Discount to List
-$1,800,000
-10.11%
Total Days on Market
189
Views
255
Current Estimated Value
$8,404,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,595,198
Avg. Annual Appreciation
-61.20%
Original Mortgage
$12,800,000
Outstanding Balance
$12,513,425
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
-$4,108,623

Purchase Details

Closed on
May 12, 2011
Sold by
Timmons Trent and Timmons Shelly
Bought by
Omack Carol Ann and The Carol Ann Omack Living Trust

Purchase Details

Closed on
Apr 8, 2010
Sold by
Pe 6 Investments Llc
Bought by
Timmons Trent and Timmons Shelly

Purchase Details

Closed on
Jul 21, 2008
Sold by
Timmons Trent and Timmons Shelly
Bought by
Pe 6 Investments Llc

Purchase Details

Closed on
Dec 13, 2007
Sold by
Cohen Michael and Cohen Suzanne Elizabeth
Bought by
Timmons Trent and Timmons Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,130,250
Interest Rate
6.21%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 27, 2004
Sold by
Maloney Michael Patrick and Maloney Jane
Bought by
Cohen Michael and Cohen Suzanne Elizabeth

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Dec 28, 1999
Sold by
Plantation Club Associates
Bought by
Maloney Michael Patrick and Maloney Jane
Source: Public Records

Range of Values:

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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 $16,000,000 Fnt
Warranty Deed $9,600,000 Or
Quit Claim Deed $1,000 Tg
Quit Claim Deed $1,000 Tg
Warranty Deed $2,175,000 Tg
Warranty Deed $2,200,000 --
Interfamily Deed Transfer -- --
Warranty Deed $925,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,800,000 New Conventional
Previous Owner $4,130,250 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $16,000,000 -10.1% $2,211 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $17,800,000 -- $2,460 / 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 $121,396 $10,511,500 $1,612,600 $8,898,900
2024 $121,396 $10,037,600 $1,550,600 $8,487,000
2023 $99,104 $9,720,300 $1,221,400 $8,498,900
2022 $89,388 $8,943,000 $1,225,000 $7,718,000
2021 $63,987 $8,424,000 $1,194,000 $7,230,000
2020 $57,372 $8,569,200 $1,194,000 $7,375,200
2019 $50,310 $8,469,700 $1,302,500 $7,167,200
2018 $68,827 $11,471,200 $1,302,500 $10,168,700
2017 $67,492 $0 $0 $0
2016 $60,849 $10,750,700 $1,271,500 $9,479,200
2015 -- $9,517,100 $954,000 $8,563,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 401366

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-005-059-0000