NOT LISTED FOR SALE

73-4470 Lemi Place Unit 40 Kailua Kona, HI 96740

Estimated Value: $5,232,123 - $6,389,000

3 Beds
3.5 Baths
2,615 Sq Ft
$2,209/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $5,400,000 $2,065 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $38,455/month

135 Days on Market

Highlights

  • Ocean View
  • Gated Community
  • Ground Level Unit
  • Pool and Spa
  • High Ceiling
  • 2 Car Detached Garage

About This Home

As of March 2023

The Hale Alani Residences are a collection of homes designed by Khoi Le of Glazier Le Architects. They offer a modern take on more traditional Hawaiian architecture. Khoi Le was inspired by both the natural beauty of the Hawaiian Islands and the topography of the land when designing the homes. On the exterior, the homes feature distinctive copper roofs and western red cedar and stucco walls. Inside, they offer spacious bedrooms and guest suites connecting to an open-concept great room and kitchen space. Stack-back sliding mahogany doors, shutters and screens open the interior living space to the lanais and private yard creating a seamless indoor/outdoor living space.

"At Hale `Alani, our design philosophy was to blur the lines between indoor and outdoor living by using oversized folding wall doors in the living and master bedrooms, and large windows to bring in natural light throughout the homes." KHOI LE ARCHITECT

Hale Alani 40 is a 3 bedroom, 3-1/2 bath home, with spacious rooms, a highly attractive floor plan, and a large pool with a Baja section and an integrated spa. It benefits from its prime location on the coveted upper view row of Hale Alani homes, and it sits on an oversized cul-de-sac parcel with expansive views all the way to ocean horizons. This was the original Hale Alani show unit. It contains upgraded features. The built-in appliances, gas Wolf range and drawer style microwave make the kitchen as functional as it is beautiful. Tumbled travertine flooring throughout keep the rooms bright and airy. The home comes beautifully furnished. Two Golf Carts included!

Information presented, although deemed to be correct, may contain inaccuracies. Buyer and Buyer's agent should independently verify all information pertinent to the purchase.

Last Agent to Sell the Property

Cindy Corbin

Hawaii 5 0 Realty Brokerage Phone: 9499033068 License #RB-23068 Listed on: 10/19/2022

Last Buyer's Agent

Cindy Corbin

Hawaii 5 0 Realty Brokerage Phone: 9499033068 License #RB-23068 Listed on: 10/19/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,687

Year Built

  • Built in 2016

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Stone Wall
  • Property is zoned CV-10

HOA Fees

  • $2,757 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Property Views

  • Ocean
  • Golf Course

Interior Spaces

  • 2,615 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Stone Flooring

Kitchen

  • Indoor Grill
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Pool and Spa
  • In Ground Pool

Location

  • Ground Level Unit

Utilities

  • Underground Utilities
  • Private Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3730680010040

Community Details

Overview

  • Hale Alani Community
  • Kohanaiki/Shores Of Kohanaiki Resort S/D Subdivision

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,687

Year Built

Built in 2016

Lot Details

0

HOA Fees

$2,757 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Cul-De-Sac
  • ResoSecurityFeatures: Gated Community, Security Guard
  • Attribution Contact: 9499033068
  • Co List Office Phone: 8083295599
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KOHANAIKI/SHORES OF KOHANAIKI RESORT S/D
  • Reso Interior Features: Built-in Features, Cathedral Ceiling(s), High Ceilings
  • Unit Levels: One
  • Living Area: 2615.0
  • Property Attached Yn: No
  • Year Built: 2016
  • Tax Year: 2022
  • HIS_PoolYN: Yes
  • Unit Description: Ground Unit, No Unit Above or Below, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Indoor Grill, Microwave, Other, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Stone
  • Stories: 1
  • Total Bathrooms: 3

Exterior Features

  • View: Golf Course, Ocean Horizon, Sunset
  • Pool Features: In Ground, Pool/Spa Combo
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Available, Other, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Other, Public

Condo/Co-op/Association

  • Association Fee: 2756.75
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: HALE ALANI

Lot Info

  • Zoning: CV-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3730680010040

Tax Info

  • Tax Annual Amount: 49686.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Mar 21, 2023
Sold by
Mayer Michael James and Kathilee Leilani
Bought by
Mccarthy William Lane
Seller's Agent
Cindy Corbin
Hawaii 5 0 Realty
Buyer's Agent
Cindy Corbin
Hawaii 5 0 Realty
List Price
$5,695,000
Sold Price
$5,400,000
Premium/Discount to List
-$295,000
-5.18%
Current Estimated Value
$5,776,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,281
Avg. Annual Appreciation
2.70%

Purchase Details

Listed on
Feb 27, 2019
Closed on
Feb 22, 2019
Sold by
Kohanaiki Shores Llc
Bought by
Mayer Michael James and Fong Kathilee Leilani
Seller's Agent
Nicole Vincent
Aloha Sotheby's Intl Realty - Hawai'i
Buyer's Agent
Nicole Vincent
Aloha Sotheby's Intl Realty - Hawai'i
List Price
$3,900,000
Sold Price
$3,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
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 Buyer Sale Price Title Company
Mccarthy William Lane -- Fidelity National Title
Mayer Michael James $3,900,000 Tg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2024 10/04/24 Off Market $5,400,000 -- --
03/28/2023 03/28/23 Sold $5,400,000 -5.2% $2,065 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
10/19/2022 10/19/22 For Sale $5,695,000 +46.0% $2,178 / Sq Ft
02/28/2019 02/28/19 Sold $3,900,000 0.0% $1,491 / Sq Ft View Prior Sale
02/27/2019 02/27/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $3,900,000 -- $1,491 / 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 $60,870 $5,264,100 $1,550,600 $3,713,500
2024 $60,870 $4,843,400 $1,300,600 $3,542,800
2023 $60,771 $4,836,100 $1,300,600 $3,535,500
2022 $49,687 $4,021,100 $1,300,600 $2,720,500
2021 $45,471 $3,711,100 $1,300,600 $2,410,500
2020 $44,828 $3,663,800 $1,300,600 $2,363,200
2019 $41,806 $3,766,300 $1,400,600 $2,365,700
2018 $57,359 $5,167,500 $2,799,700 $2,367,800
2017 $56,156 $4,799,700 $799,700 $4,000,000
2016 $2,377 $219,100 $219,100 $0
2015 -- $217,700 $217,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 665705

Hawaii Information Service (MLS Hawaii)

APN: 3-7-3-068-001-0040