7142 Kamehameha V Hwy Unit B205 Kaunakakai, HI 96748
Estimated payment $1,143/month
Highlights
- Ocean Front
- Solar Power System
- Mountain View
- In Ground Pool
- 5.61 Acre Lot
- Clubhouse
About This Home
TRUST SALE: Enjoy serene views of the Molokai mountains, the ocean, and the island of Maui in the distance from this updated 1-bedroom, 1-bath condo at Wavecrest Resort on the east side of Molokai. Located in Building B, this second-floor unit overlooks the beautifully landscaped grounds, pool, and clubhouse. It has been a well-maintained long-term rental, with the previous tenant taking excellent care of the unit. The condo is sold partially furnished, making it easy to move in or continue as an investment. Wavecrest Resort features lush, tropical grounds and resort-style amenities including an oceanfront pool, cabana with BBQ area, shuffleboard, and tennis courts. Coin-operated laundry is available on each floor. HOA dues include water, hot water, gas, sewer, trash, and grounds maintenance. Just minutes from charming beaches on the tropical Eastside of Molokai and the local market in Puko‘o, and approximately 13 miles from Kaunakakai town, this condo offers a peaceful island lifestyle with beautiful natural surroundings. Whether you’re seeking a full-time residence, part-time getaway, or investment property, this Wavecrest unit provides a wonderful opportunity to enjoy the best of Molokai living.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,701
Year Built
- Built in 1975
Parking
- 1 Open Parking Space
Home Design
- Double Stud Wall
Interior Spaces
- 604 Sq Ft Home
- Mountain Views
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Outdoor Features
- In Ground Pool
- Outdoor Grill
Additional Features
- Solar Power System
- Ocean Front
- No Heating
Listing and Financial Details
- Assessor Parcel Number 2560040550063
Community Details
Overview
- Low-Rise Condominium
- Wavecrest Community
Amenities
- Clubhouse
- Laundry Facilities
Pet Policy
- No Pets Allowed
Recreation
- Tennis Courts
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,701 | $235,000 | $12,500 | $222,500 |
| 2024 | $2,701 | $216,100 | $11,500 | $204,600 |
| 2023 | $2,242 | $189,200 | $11,500 | $177,700 |
| 2022 | $1,748 | $147,500 | $9,600 | $137,900 |
| 2021 | $1,684 | $151,600 | $9,600 | $142,000 |
| 2020 | $1,531 | $138,200 | $9,600 | $128,600 |
| 2019 | $1,435 | $133,500 | $13,500 | $120,000 |
| 2018 | $731 | $115,800 | $11,500 | $104,300 |
| 2017 | $732 | $0 | $0 | $0 |
| 2016 | $55 | $91,100 | $11,500 | $79,600 |
| 2015 | $972 | $79,700 | $17,800 | $61,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2025 10/07/25 | Pending | -- | -- | -- |
| 08/27/2025 08/27/25 | Price Changed | $175,000 | -28.6% | $290 / Sq Ft |
| 08/04/2025 08/04/25 | For Sale | $245,000 | -- | $406 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | None Listed On Document | |
| Personal Reps Deed | -- | None Listed On Document | |
| Warranty Deed | $51,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $36,050 | No Value Available |
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 406748
APN: 2-5-6-004-055-0063
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