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Condo sold for $2,550,000 in 86 days

Kai Malu #61B 197 Kainui Loop #61B, Kihei, HI, 96753

Neighborhood: Wailea | Kai Malu

Off the market 3 beds 2 full + 1 half baths 1,796 sqft

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Prime location with its sweeping ocean and Haleakala views and elevated location on South Maui’s renowned Wailea Blue Golf Course, 3 bed and 2.5 bath, 2 car garage Kai Malu 61B is a 2-level fully furnished town home featuring upgrades fit for the most discerning buyer. Travertine floors, granite countertops, cherrywood cabinets, stunning Tommy Bahama furniture, and immaculate GE appliances that include a built-in side by side refrigerator, dishwasher, built-in convection oven and microwave. A full size Samsung stacked washer/dryer is conveniently located upstairs and both the upstairs master bedroom and downstairs living room have large flat screen smart TVs. The home flows effortlessly from its open concept downstairs out to its gorgeous extended lanai with BBQ/wet bar lanai, private spa and tropical landscaped lawn and an outdoor shower. Installed in the spring of 2022, the home also features 18 PV panels (Sun Power), 7600 watt Tesla Powerwall, and a Tesla brand electric vehicle charger. Additionally the entire house has a Kinetico soft-water system as well as a reverse osmosis water system in the kitchen. You really must see this home to fully appreciate its many meticulously thought-out features, as well as its breathtaking views from almost every window! Kai Malu’s amenities include; pavilion with a 75’ infinity pool, jetted spa, sauna, steam room, fitness center and a full kitchen with epic panoramic ocean views! All this is located just minutes from Wailea & Makena’s best beaches, golf, tennis, restaurants and shopping.
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Details of Kai Malu #61B

1,796 sqft interior area
Property type
Condo
Interior area
1,796 sqft
View
Mountain/Ocean
Price per sqft
$1,419/sqft
Address
197 Kainui Loop #61B, Kihei, HI, 96753
City of Hawaii
Kihei
Island
Maui
Condo building
Kai Malu
Year Built
2007
Sold price
$2,550,000
Association fees
$1,381
Total area
1,796 sqft
nr.of parking places
2
Frontage
None
Solar
Yes
Neighborhood
Wailea | Kai Malu
District
South
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

2 parking places
Beds
3
Baths
2 full + 1 half
Garage & Parking
Yes

Listed by

Jolanta Frazier, Coldwell Banker Island Prop(S)
Cell: 808-283-6262
Name
Jolanta Frazier
License number
RB-18632
Brokerage company
Coldwell Banker Island Prop(S)
Cell: 808-283-6262
MLS #
397373

Buyer agent

Name
Gail M Johnson-Wheeler RS-76587
Brokerage company
Romvari Realty Ltd.
808-209-3337

Payment calculator

Calculate your monthly payments
Mortgage
$7,830
Taxes
$0
HOA dues
$1,382
$9,212 per month
Mortgage
$510,000 / 20%
2.28%
30 years
Your amount $7,830 / month

Exterior Features

Double Wall construction
Construction
Double Wall

Lot details

TMK #2210081170122
Parcel nr.
2210081170122

Wailea neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in Wailea

31%
Families with children
National average: 39%
24%
Non family households
28,909
Population
$128,235
Average Income

Age & gender

Median age 43 years
More info

Commute types

82% commute by car
More info

Education level

30% have high school education
More info

Number of employees

23% work in entertainment services
More info

Vehicles available

38% have 1 vehicle
More info

Vehicles by gender

38% have 1 vehicle
More info

Housing market insights for Kai Malu #61B

$2.4m
Neighborhood average
sales price*
$1.71m
Neighborhood median
sales price*
220
Number
of sales*
$3.1m
Median sale price Kai Malu*

Housing type

36% are single detacheds
More info

Rooms

46% of the houses have 2 or 3 rooms
More info

Bedrooms

65% have 2 or 3 bedrooms
More info

Owners vs Renters

62% are owners
More info
7.83 / 20
Below Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Kai Malu building info

Kai Malu
Construction
Double Wall

Schools

15 schools with rating up to 7
School rating Distance
NR
Montessori Hale O Keiki
PO BOX 2348, Kihei, HI 96753
Elementary School
1.393mi
NR
Montessori Hale O Keiki
PO BOX 2348, Kihei, HI 96753
Middle School
1.393mi
NR
Kahuahana Christian School
Po Box 532554, Kihei, HI 96753
High School
4.74mi
School rating Distance
NR
Montessori Hale O Keiki
PO BOX 2348, Kihei, HI 96753
1.393mi
4
out of 10
Kamalii Elementary School
180 Kealii Alanui, Kihei, HI 96753
1.954mi
6
out of 10
Kamalii Elementary School
180 Kealii Alanui, Kihei, HI 96753
1.954mi
7
out of 10
Kihei Elementary School
250 East Lipoa Street, Kihei, HI 96753
3.827mi
4
out of 10
Kihei Elementary School
250 East Lipoa St, Kihei, HI 96753
3.835mi
School rating Distance
NR
Montessori Hale O Keiki
PO BOX 2348, Kihei, HI 96753
1.393mi
4
out of 10
Lokelani Intermediate School
1401 Liloa Dr, Kihei, HI 96753
3.724mi
7
out of 10
Lokelani Intermediate School
1401 Liloa Drive, Kihei, HI 96753
3.73mi
NR
Kahuahana Christian School
Po Box 532554, Kihei, HI 96753
4.74mi
NR
Kahuahana Christian School
Po Box 532554, Kihei, HI 96753
4.74mi
School rating Distance
NR
Kahuahana Christian School
Po Box 532554, Kihei, HI 96753
4.74mi
NR
Kahuahana Christian School
Po Box 532554, Kihei, HI 96753
4.74mi
4
out of 10
Kihei Public Charter School
300 Ohukai Road, Kihei, HI 96753
5.509mi
4
out of 10
Kihei Public Charter School
300 Ohukai Rd, Kihei, HI 96753
5.566mi
NR
Haleakala Waldorf School
4160 Lower Kula Road, Kula, HI 96790
8.726mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Feb 8, 2023

Kai Malu Median sales price 2024

Bedrooms Med. price % of listings
3 beds $3.1m 100%
Date Event Price $/sqft Source
Feb 8, 2023 Sold $2,550,000 1419.82 Public Record
Feb 8, 2023 Price Decrease $2,550,000 -5.56% 1419.82 MLS #397373
Jan 11, 2023 Pending $2,700,000 1503.34 MLS #397373
Jan 10, 2023 Price Decrease $2,700,000 -6.9% 1503.34 MLS #397373
Nov 15, 2022 New Listing $2,900,000 +107.14% 1614.7 MLS #397373
Sep 28, 2016 Sold $1,400,000 779.51 Public Record
Sep 28, 2016 Price Decrease $1,400,000 -8.2% 779.51 MLS #366954
Jul 24, 2016 Under contract $1,525,000 849.11 MLS #366954
Nov 3, 2015 New Listing $1,525,000 849.11 MLS #366954

Agent viewpoints of 197 Kainui Loop #61B, Kihei, HI, 96753

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Frequently Asked Questions about Kai Malu #61B

What is Kai Malu #61B?

197 Kainui Loop #61B, Kihei, HI, 96753 in the Kai Malu condominium building. This is a 2 full bathrooms + & 1 half bathroom and 3 bedroom condo. This apartment has 1,796 sqft interior space. This condo with unit number 61B. It is located in the city of Wailea, Hawaii.

Does this condo have views?

This condo has Mountain/Ocean views.

Which year was this condo built?

This condo was build in 2007.

Which year was this property last sold?

This property was sold in 2023.

What is the full address of this Condo?

197 Kainui Loop #61B, Kihei, HI, 96753.

Are grocery stores nearby?

The closest grocery stores are Island Gormet, 0.41 miles away and Whalers General Store, 0.49 miles away.

What is the neighborhood like?

The 96753 zip area has a population of 28,909, and 31% of the families have children. The median age is 43.8 years and 82% commute by car. The most popular housing type is "single detached" and 62% is owner.

Based on information from the Realtors Assoc. of Maui. Copyright 2024 by REALTORS® Association of Maui, Inc. Listing courtesy of Coldwell Banker Island Prop(S).
This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.

Listing last updated: Feb 08, 2023
Verhouse Last checked 1 minute ago

197 Kainui Loop #61B, Kihei, HI, 96753 in the Kai Malu condominium building. This is a 2 full bathrooms + & 1 half bathroom and 3 bedroom condo. This apartment has 1,796 sqft interior space with Mountain/Ocean views. This condo with unit number 61B. It is located in the city of Wailea, Hawaii.
The closest grocery stores are Island Gormet, 0.41 miles away and Whalers General Store, 0.49 miles away.
The 96753 zip area has a population of 28,909, and 31% of the families have children. The median age is 43.8 years and 82% commute by car. The most popular housing type is "single detached" and 62% is owner.
Condo Sold $2.55m 197 Kainui Loop #61B, Kihei, HI, 96753 3 beds / 2 full + 1 half baths / 1,796 sqft Save House Remove from Saved