Easily one of the most coveted and upscale states in Makena, 7505 Makena Road is a gem to behold when making the drive out towards La Perousse Bay. The estates sits on acre of oceanfront property as the property is just past Big Beach and sits about 50 yards or so off the ocean.
The property is truly a site to see and sits head and shoulders above other properties in the area because of exterior appeal and the modern Hawaiiana interior. The home is over 10,000 square and is sure to be the crown jewel in any real estate portfolio. The ideal place to entertain and is ready for any excuse to show it off!
Listed at a cool $29,000,000
The main home features a plethora of custom wood detailing, fountains, ponds, movie theatre, ocean views with privacy. An additional pool house provides more bedrooms, a full kitchen and a living room to enjoy Makena’s great weather while lounging around the resort-like setting. In the evening, an outdoor theatre rises from the pool deck, allowing for some of the most epic private cinema opportunities a residence can offer.
A large entertaining venue with nearly 4,000 sq. ft. of deck and outdoor furniture can accommodate large parties under the stars. Capping off this truly one of a kind property is a 6-car garage & caretaker’s quarters. The photography helps to tell the story of this beautiful estate.
Makena Homes Market Update
So far in 2016, there have only been 4 Makena homes sold this year for a running sales volume of $29,899,000. The Sugarman Estate which sold this year, makes up more than 1/3 of this year’s running sales volume. The real estate market in Makena is extremely price with houses usually selling in the mid 7 figures and up; the average sold price for a home in Makena is $7,474,750.
A One Palauea Bay estate we sold a few years back
The lowest priced home sold for $3,999,000. It was on the market for more than a year and half, 5083 Makena Road experienced an extended stay on the Makena real estate market. The home underwent a full remodel in 2014; designed with a “old Hawaii” elegance, a large bay window with window seating, crown molding, telescoping doors, an kitchen upgrades.
The highest priced home to sell closed for $13 million. It was brought to market last year in the middle of December 2015, the unit was priced at a cool $19.9 million. Over its time on the market, the unit did not receive any price reductions. The property includes 3 different TMK parcels and is a prized property across the Makena real estate market.
- Number of active Makena Homes For Sale: 12
- Average asking price: $13,328,166
- Lowest asking price: $7,800,000
- Highest asking price: $29,000,000
Contact a South Maui Real Estate Specialist
Our team has had the distinct pleasure of being able to be part of the Ho’olei community since its inception in 2005. We’ve been located on site 7 days a week for the past 5 years. It truly brings a smile to my face seeing first time guests, returning clients, and full-time residences embrace and wholeheartedly love their Maui lifestyle.
We’d like to extend an invitation to you to feel free and stop by the on-site Ho’olei real estate information office, which is open daily, before the reservation desk, from 9:00AM – 5:00PM.
Mahalo,Anthony Sayles R(S) 808-280-6532 Anthony@DanoSayles.com