120 Punakea Loop B Lahaina HI 96761

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For Sale: fair Deal

Asking Price

$5,800,000

$1,128/sf

$374k/ac

Smart Price

The price a seller should list their home for to give them the best chance of selling their property within the average DOM (days on market).
$6,360,695

$1,237/sf

$410k/ac

Assessed Value

The County assessed market value. Click to visit the County Tax Assessor's website to confirm the assessed value.
$4,507,500

$877/sf

$291k/ac

120 Punakea Loop is a 12-acre estate situated in Launiupoko. The main 5,142 sq. ft. home has 6 bedrooms and 6.5 bathrooms, and a 1,168 sq. ft. barn comes with a wet bar, full bath, beautifully tiled floors, and a single car bay. This landmark property affords fabulous ocean and outer-island views and a landscaped park-like tropical setting. The property sits on the hill in Launiupoko. One approaches the home via the 600 ft. drive off Punakea Loop. The driveway is adorned with fountains and tropical foliage, and a portico provides an elegant, shaded space from which to enter the home. Entering the home, one finds a living room with wet bar, kitchen, and 3 bedrooms. A spacious covered lanai runs along the ocean-side wall of the living room, allowing you to take in the beautiful view. The master bedroom has an en-suite bathroom and large covered lanai, which also boasts stunning ocean views. The 2 additional bedrooms on the main floor also have en-suite bathrooms. Downstairs, the yard-level floor has dining areas and living areas with wet bars, as well as three additional bedrooms. Bedrooms 4, 5 and 6 feature direct lanai access; bedroom 5 comes with an en-suite bathroom. The layout of the floor is designed in such a way that bedroom 6 and one of the living-room/wet-bar areas can be closed off and affectively act as a guest unit. Outside on the grounds, you are met with an expanse of green lawn, palms, and stunning views. To your right is the striking pool and jacuzzi, with an incredible 75 ft., 5-tier, calming waterfall which cascades down into the pool. Sunsets from the pool, yard and home are life enhancing. Inside vehicle parking is accommodated in the 3-car garage, with an approximately 500 sq. ft. bonus room off the garage. This retreat is only moments from Lahaina Town, West Maui beaches, and champion Golf courses. Find your “Lahaina Dream” at 120 Punakea Loop. (Barn and bonus-room footage not included in main living sq. ft.)

The Basics
Status
For Sale
Property Type
House
Beds
6
Baths
6
Living Area
5,142 sf
Lot Size
15.5 acres
Days on Market
6
View
Ocean
Pool
In Ground
Unit Number
B
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$4,507,500
Year Assessed
2020
Property Taxes
$4,162/mo
Parcel #
470110120002
Amenities
Utilities
Private Water, Telephone, TV Cable, Underground Electricity
Central A/C House
Yes
Land
Land Sqft
674,222
Elevation
No data
Latitude
20.853603
Longitude
-156.643982
Neighborhood
Launiupoko
Subdivision
Makila Phase 1
Topography
Gentle Slope
Roads
Private, Paved
Zoning
Unknown
CPR Land Sqft
506,080 sf
CPR Land Acres
11.62 acres
Building
Property Type
House
Beds
6
Baths
6
Pool
In Ground
Year Built
2005
Waste Water
Septic Tank
Residential Condo
Yes
Association Manager
Makila Plantation
Parking
Garage
Yes
Garage Spots
3
MLS Data
MLS #
390434
Listing Agent
Tyler Coons RS-55098
Brokerage
Keller Williams Realty Maui-L
Source
Realtors Association of Maui, Inc.
Listing Date
2021-02-18
Other
Special Assessment
No
Other Features
Entry, Lawn Sprinkler, Remodeled, Spa/Hot Tub, Wall/Fence, Workshop
Contact Agent

Buy through a Nalula Preferred agent for incredible service and a tremendous rebate of roughly $36,250 on the asking price of this property!