NOT LISTED FOR SALE

72-158 Lipoa Place Kailua-Kona, HI 96740

Estimated Value: $8,971,000 - $12,008,797

5 Beds
5.5 Baths
5,057 Sq Ft
$2,052/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $10,000,000 $1,977 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $67,913/month

120 Days on Market

Highlights

  • Ocean View
  • Pool and Spa
  • Wood Flooring
  • On Golf Course
  • Gated Community
  • Double Oven

About This Home

As of March 2022

Discover Cuvee’s Hualalai Estate
An architectural masterpiece, designed as a collaboration between renowned Los Angeles architect, Steven Henshaw and Cuvee.
- Address: 72-158 Lipoa Place
- Located on the second fairway of Ke’olu members-only course
- Luxurious Indoor and Outdoor Kitchen
- 5 Bedroom Suites
- Media Room
- Private Study
- Infinity Pool and Hot Tub

A Rare Legacy of Luxury Living
- Impeccable symmetry between indoor and outdoor living
- Luxury turnkey full-time residence, vacation home, or investment property
- Views all the way to Maui

The Cuvee Design
- Renovated and modernized in 2021
- Ultra-sleek new interior kitchen
- Unrivaled full outdoor kitchen
- Vaulted bamboo ceilings
- Hand-carved bathroom features and soaking tubs imported from Indonesia
- Lush outdoor shower gardens

Last Agent to Sell the Property

Yvonne Kouri-Morgan

Corcoran Pacific Properties Brokerage Phone: 8089374466 License #RB-13392 Listed on: 09/13/2021

Corcoran Pacific Properties

Last Buyer's Agent

Nicole Vincent

Aloha Sotheby?s Intl Realty - Hawai?i License #RB-20189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,703

Year Built

  • Built in 2009

Lot Details

  • Property fronts a private road
  • On Golf Course
  • Cul-De-Sac
  • Stone Wall
  • Level Lot
  • Property is zoned PD

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Golf Course
  • Mountain

Home Design

  • Double Stud Wall

Interior Spaces

  • 5,057 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Home Security System

Kitchen

  • Double Oven
  • Indoor Grill
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Pool and Spa
  • In Ground Pool
  • Gunite Pool

Utilities

  • Air Conditioning
  • Underground Utilities
  • Private Water Source
  • Private Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 35
  • Assessor Parcel Number 3720220350000

Community Details

Overview

  • 72 158 Community
  • Hualalai Resort Subdivision

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$91,703

Year Built

Built in 2009

Lot Details

0

HOA Fees

$525 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • Road Frontage Type: Golf Course
  • ResoLotFeatures: Cul-De-Sac
  • ResoSecurityFeatures: Gated Community, Security Patrol, Security System
  • Attribution Contact: 8089374466
  • Co List Office Phone: 8085892040
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HUALALAI RESORT
  • Unit Levels: One
  • Living Area: 5057.0
  • Property Attached Yn: No
  • Reso Window Features: Drapes
  • Year Built: 2009
  • Tax Year: 2021
  • HIS_PoolYN: Yes
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Freezer, Indoor Grill, Microwave, Range Hood, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Flooring: Hardwood, Stone
  • Stories: 1
  • Total Bathrooms: 5
  • Design: Double Wall

Exterior Features

  • Topography: Fairly Level
  • View: Golf Course, HIS Coastline, HIS Sunrise, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Pool Features: Gunite, In Ground, Outdoor Pool, Pool/Spa Combo
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Cooling: HIS Air Conditioning
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 525.0
  • Association Fee Frequency: Monthly
  • Project: 72-158

Lot Info

  • Zoning: PD
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3720220350000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 91703.0
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Mar 4, 2022
Sold by
Kona Villa 4 Llc
Bought by
Hawaii Re Ventures I Llc
Seller's Agent
Yvonne Kouri-Morgan
Corcoran Pacific Properties
Buyer's Agent
Nicole Vincent
Aloha Sotheby?s Intl Realty - Hawai?i
List Price
$10,900,000
Sold Price
$10,000,000
Premium/Discount to List
-$900,000
-8.26%
Current Estimated Value
$10,476,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,150
Avg. Annual Appreciation
1.08%
Original Mortgage
$5,500,000
Outstanding Balance
$5,087,909
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$5,289,357

Purchase Details

Closed on
Nov 22, 2006
Sold by
Connor Timothy H and Connor Katherine K
Bought by
Kona Villa 4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2005
Sold by
Kaupulehu Makai Venture
Bought by
Connor Timothy H and Connor Katherine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back
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
Hawaii Re Ventures I Llc $13,888,888 Title Guaranty & Escrow Servic
Hawaii Re Ventures I Llc $13,888,888 Title Guaranty & Escrow Servic
Kona Villa 4 Llc $2,475,000 Tg
Connor Timothy H $2,300,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawaii Re Ventures I Llc $5,500,000
Closed Hawaii Re Ventures I Llc $5,500,000
Closed Hawaii Re Ventures 1 Llc $5,500,000
Previous Owner Kona Villa 4 Llc $4,532,000
Previous Owner Kona Villa 4 Llc $4,850,000
Previous Owner Kona Villa 4 Llc $1,000,000
Previous Owner Connor Timothy H $1,610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Off Market $10,000,000 -- --
03/08/2022 03/08/22 Sold $10,000,000 -8.3% $1,977 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
09/13/2021 09/13/21 For Sale $10,900,000 -- $2,155 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $123,668 $9,932,100 $2,201,400 $7,730,700
2024 $123,668 $9,460,900 $2,201,400 $7,259,500
2023 $116,761 $8,953,000 $2,201,400 $6,751,600
2022 $97,282 $7,520,700 $1,600,000 $5,920,700
2021 $85,803 $6,676,700 $1,600,000 $5,076,700
2020 $91,713 $7,111,200 $1,684,200 $5,427,000
2019 $72,239 $6,508,000 $1,684,200 $4,823,800
2018 $77,404 $6,973,300 $1,684,200 $5,289,100
2017 $75,771 $6,826,200 $1,684,200 $5,142,000
2016 $85,680 $8,525,400 $1,684,200 $6,841,200
2015 -- $7,406,800 $1,677,000 $5,729,800
2014 -- $6,698,700 $1,677,000 $5,021,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 653475

Hawaii Information Service (MLS Hawaii)

APN: 3-7-2-022-035-0000