See Home Value
Kihei 96753
1498 Halama St
$13,322,041*
House - Off Market

1498 Halama St

Kihei, HI 96753
bedrooms
4 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
5036 Sqft
$11,475,000 - $14,025,000
Reference Base Price*
4.49%
Since Mar 1, 2023
National-US
Primary Model
Sold May 05, 2023
$13,888,888
Sold Feb 01, 2005
$6,750,000
$3,000,000 by Wells Fargo Bank Na
Mortgage Due Jan 14, 2045

About This Property

Welcome to Sapphire Seas, your forever home on an exclusive beachfront street in quaint Kihei Town. Seller is now also offering Co-Ownership with Cohana Homes (25% co-ownership interest for $3,187,500). Your private paradise to enjoy the beauty of what Maui's south side has to offer – nightly sunset viewing, seasonal whale watching, the warm breeze making music in the palm trees, and panoramic views overlooking the sapphire blue Pacific ocean and outer islands.  Lovingly owned and impeccably maintained, this house is being sold fully furnished, including the exclusive art by local artists and Hawai'iana decor.  With 4 bedrooms and 4.5 bathrooms, there's room to raise your family or welcome visitors with Hawaiian hospitality.  You will enjoy swimming in the heated pool, relaxing in the 10-jet outdoor hot tub, swinging in the hammock, reading while lounging on your private covered lanai, cooking in the gourmet kitchen, eating outdoors in the covered outdoor dining area, doing yoga on the lawn....the possibilities are endless.  This luxury home boasts over 5,000 square feet of living space, with 2,000 square feet making up the upstairs master suite with adjoining home office. The shoreline has a peaceful sandy beach sheltered by an off-shore reef, offering a calm lagoon-like safe area for children to play and swim in the warm shallow water. World-class golf and shopping are a short drive away.  Sapphire Seas is conveniently located near all of your shopping and entertainment needs. An exclusive beachfront property such as Sapphire Seas is rarely available.

The manager has listed the unit size as 5036 square feet.
Unit Size
5,036Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$2,532
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003

Price History

Date / Event Date Event Price
May 5, 2023 Sold $13,888,900
Sold
Feb 12, 2023 No longer available -
No longer available
Jul 14, 2022 Price Decreased $12,750,000
↓ $4M (22.7%)
Price Decreased
May 20, 2022 Listed $16,500,000
Listed
Feb 1, 2005 Sold to Mary Lee Altman, Vernon E A... $6,750,000
Sold to Mary Lee Altman, Vernon E A...
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 24
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 638
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,940
  • Total Building Area: 5,036
  • Gross Building Area: 5,736
  • Building Area: 5,736
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: WAIOHULI-KEOKEA BEACH
  • Land Acres: 0.412
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOT 18 WAIOHULI-KEOKEA BEACH LOTS, 2ND SERIES LPGR 13,268 17,940 SF DES

Ownership

  • Current Owner : PANVENTURE LTD
  • Previous Owner : ALTMAN FAMILY TRUST
  • Owner Before Previous Owner: BROWN EQUITIES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hawaii Department of Education
  • Census Tract: 030708

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 23-9-010
  • Parcel: 2-3-9-010-016-0000
  • Lot: 18
  • Municipality: MAUI
  • Latitude: 20.743
  • Longitude: -156.457

    Address

  • Full Address: 1498 Halama St
  • Address - House Number: 1498
  • Address - Street Name: Halama
  • Address - Suffix Type: St
  • State: HI
  • City Name: Kihei
  • Carrier Code: R015
  • 4-Digit Zip Code: 8112
  • Zip Code: 96753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $77,904
  • Tax Rate Code Area: 3

    Market Valuation

  • Market Total Value: $6,574,200
  • Market Land Value: $3,568,300
  • Market Improvement Value: $3,005,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,574,200
  • Assessed Land Value: $3,568,300
  • Assessed Improvements Value: $3,005,900

    Sales

  • Current Sale Contract Date: Apr 26, 2022
  • Current Sale Recording Date: May 05, 2023
  • Current Sale Transaction ID: 11906205475
  • Current Sale Price: $13,888,888
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A-85250251
  • Previous Sale Recording Date: Feb 01, 2005
  • Previous Sale Contract Date: Jan 26, 2005
  • Previous Sale Amount: $6,750,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 01, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $3,000,000
  • Previous Mortgage Term: 478
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Jan 14, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Kihei


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Frequently Asked Questions

When was property at 1498 Halama Street built and last sold?
The property at 1498 Halama Street was built in 2003 and last sold on Apr 26, 2022 for $13,888,888.
How much is this home worth?
The estimated value of the home located at 1498 Halama Street is $12,597,396.
What are some comparable homes to 1498 Halama Street?
There are currently no comparable homes to 1498 Halama Street.

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