NOT LISTED FOR SALE

75-108 Lolo Ln Kailua Kona, HI 96740

Estimated Value: $2,389,000 - $2,777,623

5 Beds
5 Baths
4,299 Sq Ft
$606/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $1,320,000 $307 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $15,178/month

547 Days on Market

Highlights

  • Ocean View
  • Pool and Spa
  • Wood Flooring
  • Greenhouse
  • Vaulted Ceiling
  • Skylights

About This Home

As of May 2019

MAJOR PRICE REDUCTION! A WONDERFUL OPPORTUNITY! GRAND GATED ESTATE ON 5.53 ACRES! AWE-INSPRING KAILUA BAY AND OCEAN VIEWS! MAIN RESIDENCE WITH 2 SEPERATE COTTAGES AND GAZEBO! A TROPICAL SANCTUARY MINUTES TO TOWN! GATED MALUHIA MAUKA! FABULOUS POOL!

Step in this tropical oasis in heart of Kailua-Kona, just minutes to town yet the feeling of the perfect tranquil get away!

Located on the slopes of Hualalai, Hale Papa Lani offers a rare opportunity to own a one-of-kind Hawaiian retreat renowned for its charm and character. Secluded within the gated Maluhia Mauka, this serene property with its simple, understated elegance, dazzling coastline views and glorious gardens provides a welcoming sanctuary from the ordinary. Its meticulously designed principal residence, a true Hawaiian plantation estate, with two studio cottages are tucked away on 5.53 forested and landscaped acres of complete privacy and tranquility, yet only minutes to the heart of Kailua Kona on the Big Island of Hawaii.

This stunning tropical oasis includes the two additional privately situated 1 bed/1 bath cottages, a large gazebo surrounded by lawn and gardens with amazing ocean views, and a 2000sf aviary/greenhouse.
The award winning grounds are sprinkled with a dazzling array of rare heliconias, gingers, bromeliads, palms, flowering trees and loads of fruit trees, including avocado, guava, mulberry, loquat, starfruit, mango, lychee, tangerine, orange, pineapple and coffee!
Meandering garden paths, stone walkways and water features tie it all together.
Hale Papa Lani provides privacy, peace, convenience, an inviting home, room for friends, family and hobbies all surrounded by a tropical sanctuary!
Vacation Rentals are not allowed.

Last Agent to Sell the Property

Kathy Christiansen

Premier Island Properties LLC Brokerage Phone: 8088969000 License #RB-19101 Listed on: 10/02/2017

Last Buyer's Agent

Jenni Lee

KW Big Island License #RS-69239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,429

Year Built

  • Built in 1990

Lot Details

  • Property fronts a private road
  • Wire Fence
  • Landscaped
  • Terraced Lot
  • Property is zoned A-5A

HOA Fees

  • $209 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Coastline

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 4,299 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Blinds

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Pool and Spa
  • Gunite Pool

Outdoor Features

  • Greenhouse
  • Gazebo

Utilities

  • No Cooling
  • No Heating
  • Underground Utilities
  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Puapuaanui Waiaha 1St Subdivision

Listing and Financial Details

  • Tax Lot 6-A
  • Assessor Parcel Number 3750160530000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,429

Year Built

Built in 1990

Lot Details

0

HOA Fees

$209 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Wire
  • ResoLotFeatures: Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Fire Sprinkler System, Security System, Smoke Detector(s)
  • Attribution Contact: 8088969000
  • Co List Office Phone: 8088858885
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PUAPUAANUI - WAIAHA 1ST
  • Reso Interior Features: Built-in Features, High Ceilings, Skylights, Vaulted Ceilings
  • Unit Levels: One
  • Living Area: 4299.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1990
  • Tax Year: 2018
  • HIS_PoolYN: Yes
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Trash Compactor, Washer
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Flooring: Ceramic Tile, Hardwood
  • Total Bathrooms: 5
  • Design: Double Wall, Wood Frame

Exterior Features

  • Topography: Gentle Slope,Graded,Terraced
  • View: HIS Coastline, HIS Sunset, Ocean
  • Pool Features: Gunite, Outdoor Pool, Pool/Spa Combo
  • Waterfront: No
  • Exterior Features: Lightning
  • Other Structures: Gazebo, Greenhouse
  • Roads: Paved, Private

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Covered, None

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Other, Phone Available, Underground Utilities
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee: 209.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750160530000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12428.96
  • Tax Lot: 6-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Sijstermans Franciscus Wilhelmus and Sijstermans Ping
Bought by
Lee Steven and Lee Jennifer Elizabeth
Current Estimated Value
$2,603,656

Purchase Details

Listed on
Oct 2, 2017
Closed on
Jun 21, 2019
Sold by
Lee Jennifer Elizabeth
Bought by
Lee Steven and Lee Jennifer Elizabeth
Seller's Agent
Kathy Christiansen
Premier Island Properties LLC
Buyer's Agent
Jenni Lee
KW Big Island
List Price
$1,850,000
Sold Price
$1,320,000
Premium/Discount to List
-$530,000
-28.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2017
Closed on
May 13, 2019
Sold by
Matthews Michael A and Matthews Julie A
Bought by
Lee Jennifer Elizabeth
Seller's Agent
Kathy Christiansen
Premier Island Properties LLC
Buyer's Agent
Jenni Lee
KW Big Island
List Price
$1,850,000
Sold Price
$1,320,000
Premium/Discount to List
-$530,000
-28.65%

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
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2017
Sold by
Matthews Michael A and Matthews Julie A
Bought by
Matthews Michael A and Matthews Julie A

Purchase Details

Closed on
Jan 18, 2017
Sold by
Livi Cohn Cindy M and Livi Lawrence W Cohn Revocable
Bought by
Matthews Michael A and Matthews Julie A

Purchase Details

Closed on
Jul 28, 2014
Sold by
Croft Irene Weston and Irene Weston Croft Jr Trust
Bought by
Matthews Family Revocable Trust

Purchase Details

Closed on
Nov 22, 2010
Sold by
Croft Irene Weston
Bought by
Croft Irene Weston and Irene Weston Croft Jr Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
Lee James W
Bought by
Croft Irene Weston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2000
Sold by
Lee James Wayne and Croft Irene Weston
Bought by
Lee James W and James Wayne Lee Trust

Purchase Details

Closed on
Jan 26, 1998
Sold by
Lee James Wayne and Croft Irene Weston
Bought by
Lee James Wayne and Croft Irene Weston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.75%
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
Lee Steven -- None Listed On Document
Lee Steven -- Accommodation
Lee Jennifer Elizabeth -- Fnt
Matthews Michael A -- None Available
Matthews Michael A -- None Available
Matthews Michael A -- None Available
Matthews Family Revocable Trust $2,500,000 Title Guaranty Escrow Svcs I
Croft Irene Weston -- Accommodation
Croft Irene Weston -- Multiple
Lee James W -- --
Lee James Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Steven $395,000
Previous Owner Lee Jennifer Elizabeth $1,000,000
Previous Owner Croft Irene Weston $350,000
Previous Owner Lee James Wayne $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Off Market $1,320,000 -- --
08/14/2019 08/14/19 Off Market $1,320,000 -- --
05/16/2019 05/16/19 Sold $1,320,000 -28.6% $307 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
10/02/2017 10/02/17 For Sale $1,850,000 -- $430 / 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 $10,709 $2,044,300 $648,000 $1,396,300
2024 $10,709 $1,984,800 $641,800 $1,343,000
2023 $8,776 $1,612,000 $444,300 $1,167,700
2022 $8,641 $1,565,000 $444,300 $1,120,700
2021 $8,606 $1,519,400 $444,300 $1,075,100
2020 $8,364 $1,480,000 $426,000 $1,054,000
2019 $13,111 $1,402,200 $426,000 $976,200
2018 $12,429 $1,329,300 $436,000 $893,300
2017 $12,219 $1,306,800 $436,000 $870,800
2016 $12,432 $1,344,000 $440,800 $903,200
2015 -- $1,286,100 $529,000 $757,100
2014 -- $1,094,700 $356,500 $738,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 611052

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-016-053-0000