Highest Sale in Maui History

Posted by Alex Cortez on Friday, July 24th, 2015 at 12:47pm.

Year over year, the high-end sector on Maui is enjoying significant growth over 2014 - which many saw as an 'off' year in the luxury sector of Maui real estate. But the growth and extent to which this niche has exploded this year has been uncharacteristic and unexpected. As such, the record-breaking sale of the subject Makena luxury home for $41.775M has raised many eyebrows due to its significance and unparalleled value.

keauhou at makena

The subject Keauhou at Makena luxury estate was NOT listed for sale on the Multiple Listing Service and although we have seen it from a distance being built over the past few years, very little information is factually known about the home or its owners. As per public records, the property consists of a single-level 6,737 square foot 4 bedroom home built in 2011 and a 1,004 square foot 2 bedroom Ohana, atop 4.23 acres. With Keauhou's slopping terrain and this homes high elevation, it is fair to expect that the view corridors will be commanding and unobstructed, while the size of the parcel will provide significant privacy for the owners and guests. Public records lists Project 251A LLC as its new owner. The previous sale of this property was for $5.25M in 2008 - for the land only, as there were no structures built yet. It may be of interest to potential Makena home purchasers that the home directly next door, 4482 Makena Alanui Road, has been listed for sale with an asking price of $13.4M - contact us for context regarding valuation and its overall place within the Maui luxury home micro-market.

keauhou at makena map

The previous record-holding sale was the 2011 sale of 7150 Makena Road for $27M which was reported to have been sold to Peter Thiel, the co-founder of Paypal. The only other sale reported to the Maui MLS over $20M is 3090 S Kihei Road in December 2012 for $23M. Of course, both of these homes are beachfront on arguably some of the most desirable real estate in Hawaii, while the recent sale is across the street from Palauea Bay, in the prestigious Keauhou at Makena subdivision.

Contact

Serving the Wailea real estate market and with a keen understanding of current Makena homes for sale, our team is well positioned to represent buyers and sellers in the master-planned resort community and surrounding area. For a private consultation, fill out the form below or call 808-385-5034.

Near By Homes For Sale

The Makena luxury real estate market has always been a much sought-after area of interest for the world's leading dignitaries and entertainment stars, including Clint Eastwood, Peter Thiel, Jennifer Aniston, among many others. Take a look below at Makena properties currently for sale and contact us with any questions.

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Virtual Tour

Are you in pursuit of the epitome of opulence, seclusion, breathtaking ocean vistas, unwavering security, unparalleled comfort, tranquility, and expansive living space? Your quest concludes here! Welcome to the exquisite Na Hale O Makena, a sanctuary of exclusivity nestled on six acres with a mere 40 elite residences. Behold Unit D302, an abode boasting 4 bedrooms, 3.5 baths, and an additional upstairs living area. This haven offers awe-inspiring, unobstructed ocean panoramas, allowing you to relish year-round sunsets, gaze upon frolicking whales, Molokini crater, and Kahoolawe, and a serene view of Haleakala from the rear bedroom. The interior is adorned with marble tile flooring, adorned with granite countertops, a Snaidero kitchen, and top-of-the-line Gaggenau and Bosch appliances. This unit has been professionally curated and is being offered fully furnished, ensuring an effortless transition into luxury living. Situated just a short drive south of the vibrant Wailea Resort, you'll revel in the convenience of having all the amenities of Wailea at your disposal, minus the hustle and bustle, replaced with serenity. Award-winning golf courses, 5-star dining establishments and resorts, upscale shopping, and pristine white-sand beaches are mere minutes away from your new abode. Notably, Na Hale O Makena strictly prohibits vacation rentals within the complex, guaranteeing an oasis of tranquility for its privileged residents. Your pursuit of the ultimate in coastal living culminates here in Makena, Hawaii. 4995 Makena Rd #d302, Kihei, HI 96753.

Na Hale O Makena D302 4955 Makena Rd, Unit D302, Wailea/Makena

$3,995,000 - 4 Beds, 3.50 Baths, 2,773 Sf

MLS® # 401789

Fee Simple
Coldwell Banker Island Prop(S)

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Rare Makena beachfront opportunity! Fulfill your lifelong dream of crafting your very own Makena beachfront home! Turn your vision into a warm and welcoming reality, where dreams take place and memories are made. Makena Alanui is nestled along the pristine shores of Po'olenalena Beach, affectionately known as "Chang’s Beach". At nearly an acre (.881 acre) and boasting over 200 feet of uninterrupted beach frontage, this exceptional property offers a rare opportunity to create a masterpiece. Enjoy year-round sunsets and mesmerizing ocean views encompassing the iconic silhouettes of Molokini, Kahoolawe, and Lanai. With 2 county water meters already installed and zoned R-3, this lot is primed for your Makena beachfront dream home. The lot features 2 CPR'd units sold together, providing flexibility and endless possibilities. Whether you're seeking a tranquil retreat or an investment venture, this property offers the perfect canvas to create your vision. Conveniently located between the Wailea resort area and Makena Discovery resort, this parcel is just minutes away from world-class golfing, high-end shopping, resort hotels, and delectable dining options. Don't miss out on this rare offering to own a piece of Maui's paradise. Embrace the serene beauty and luxury of coastal living in Makena.

Makena Alanui Rd, Wailea/Makena

$10,995,000

MLS® # 401702

Fee Simple
Hawaii Life (W)

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Vacation Rental

Look no further! Rarely offered, this furnished, top floor end unit features stunning panoramic ocean views and is just steps to the sand. Fully remodeled, this 1600 sq ft. condo features two bedrooms, both with ensuite bathrooms, a rarity at Makena Surf. Both bedrooms have king size beds and refined Hawaiian furnishings, high end art and tasteful decor. The gourmet kitchen with custom Acacia cabinets is well appointed and perfect for the chef in your family. The open concept living and dining rooms feature 12+ ft ceilings and an elegant tray ceiling finished with Japanese bamboo wall paper and inset copper lighting. The main living area, dining and kitchen offer expansive ocean views and the entire space is bathed in natural light from the 30+ feet floor to ceiling windows and sliding doors. The custom dining table seats ten and the large sectional sofa and tropical woven chairs offer great spaces for the entire family. The TV area/den is appointed with a sleeper sofa and when privacy screens are added, offers an additional sleeping area. The large primary bedroom has a walk-in closet, plenty of custom cabinets and additional storage above the closet. The large bathroom features a soaking tub and walk in shower with an ocean view! The second bedroom offers an ensuite bathroom with a large walk in shower, custom cabinets and linen storage. The bedroom can be set up as two extra long twin beds or as a king offering flexibility and both bedrooms have sliding doors that open to the back lanai surrounded by fragrant plumeria trees. The condo, which feels more like a home, also has a separate laundry room with a full size washer and dryer and a utility sink and storage. The large covered lanai has lounge chairs for relaxing while you watch the whales and sunsets, outdoor dining for six and a BBQ for your use. Makena Surf is a private and pristine Hawaiian oasis with more than 16 acres of tropical landscaping, flower and herb gardens, large lawns and two sandy beaches. Get your exercise on the tennis or pickleball courts, the on-site workout room or hit the links with Wailea’s award winning golf courses. Step into the ocean and world class snorkeling, where it’s common to see Hawaiian green sea turtles, a rainbow of tropical fish and even an occasional manta ray. If the pool or spa/jacuzzi are calling, there are two newly remodeled pool areas to choose from. The main pool has a new BBQ and a bar/cabana complete with a full kitchen, rest rooms and outdoor shower. Makena Surf offers onsite property management, 24 hour security and EV charging stations. Contact your favorite realtor and come see the magic of Makena Surf C201. Please note: Listing agent is the owner.

Makena Surf C201 4850 Makena Alanui Rd, Unit C201, Wailea/Makena

$4,950,000 - 2 Beds, 2.00 Baths, 1,600 Sf

MLS® # 401355

Fee Simple
Hawaii Life (W)

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Virtual Tour

Embark on your journey to craft your dream residence amidst the serene landscape of Makena, Maui. Nestled within the time-honored ambiance of historic Makena Landing, Papa’anui presents an unparalleled opportunity to manifest your vision on just under ½ an acre of prime real estate. Revel in sweeping vistas of the Makena coastline, Molokini Crater, and Kaho’olawe, all from the comfort of your future home. Indulge in the quintessential island lifestyle as you witness breathtaking sunsets over the horizon, with a pristine sandy beach mere steps away. Dive into a world of aquatic adventures, including paddle-boarding, kayaking, fishing, and snorkeling, right across the street from your private oasis. Convenience meets luxury with this property's strategic location, offering seamless access to world-class dining, championship golf courses, scenic hiking trails, and more, all within a swift 10-minute drive. The canvas is set for a contemporary masterpiece spanning over 5,000 square feet of interior living space + 1,495 square feet of outdoor living, boasting 4 bedrooms, 4.5 bathrooms, and a private pool. Initial building plans have been drafted and after finalization are ready to be submitted for approvals. This is one of the few remaining opportunities in the area to bring your Makena dream home to life. Seize the opportunity to make your vision a reality at Papa’anui – where every sunset marks the beginning of a new chapter in your bespoke island lifestyle. Renderings shown are per current building plans. Plans can be made available to Buyer at closing.

Papa'anui 5147 Makena Rd, Wailea/Makena

$3,995,000

MLS® # 401349

Fee Simple
Coldwell Banker Island Prop(S)

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Over an acre of beachfront property on one of the most exclusive areas of Maui awaits, 4584 Makena Rd is a rare opportunity for the savvy Buyer looking for privacy, spacious surroundings, yet in the midst of Valley Isle’s best. Located on one of the most picture-perfect beaches of Hawaii, Poolenalena Beach, it offers a perfect place from which to enjoy quiet sunsets, walks on the beach, snorkeling, paddle boarding, and much more. A short walk away, relish the Wailea Beach Path and all of the world class resorts along it, including the Fairmont Kea Lani, Four Seasons, Grand Wailea, and Andaz. Some of the best and most exclusive golf courses in the world are conveniently nearby. Contact your favorite Realtor today for more information in one of the strongest value propositions in Hawaii.

4584 Makena Rd, Wailea/Makena

$11,000,000 - 2 Beds, 3.50 Baths, 2,760 Sf

MLS® # 401168

Fee Simple
Island Sotheby's Int'l Rlty(W)

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Keauhou 4520 Makena Alanui Dr, Wailea/Makena

$12,900,000

MLS® # 401166

Fee Simple
Island Sotheby's Int'l Rlty(W)

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Makena luxury awaits on this 1.71-acres flat lot in the prestigious One Palauea Bay gated community. With only two vacant lots left in this highly sought-after enclave of 17 one-acre plus parcels, now is the time to build your dream residence. Surrounded by spectacular custom estates, this neighborhood exudes exclusivity and elegance, attracting discerning homeowners seeking the finest in Maui luxury living. Enhancing the appeal of this property is a 20-acre archaeological site along the community's southern border. This preservation effort provides a natural buffer, ensuring privacy and a spacious ambiance for the area. Convenience is paramount, with the Fairmont Kea Lani and Four Seasons Resort just across the street offering access to world-class amenities. Enjoy use of One Palauea Bay’s beach path access, including a private shower. This is one of few opportunities to acquire developable land in Makena this close to the ocean. Contact your favorite Realtor for details and a private showing.

One Palauea Bay 10 Ualei Pl, Wailea/Makena

$4,100,000

MLS® # 401165

Fee Simple
Island Sotheby's Int'l Rlty(W)

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Makena Rd, Wailea/Makena

$55,000,000

MLS® # 400961

Fee Simple
Coldwell Banker Island Prop-Ku

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Ready to build your Makena, Maui Dream Home? Papa'anui, across from Makena Landing, is incomparable in its unique location. You will enjoy south facing Ocean, pristine Makena coastline, Kaho'olawe & Molokini Crater Views. This idyllic location affords spectacular sunsets with a beautiful sandy beach & majestic ocean waters just steps from your front door. Makena is just south of Wailea and is revered as a pristine, less-developed, magnificent coastal area. This World Class area is consciously & conservatively being developed adjacently by Discovery Land Company, an international developer of prime luxury, low density, membership communities. This property is easily accessible, approximately 5 minutes or less, to world class golf, dining, tennis, hiking, kayaking, paddle-boarding, horseback riding & diving. Makena offers a lifestyle that is quintessentially natural Maui. The Wailea Resort & the elegant Shops at Wailea are a very short drive. The Papaanui CC&R's, plot plan, topo map & survey, along with a custom home rendering & elevations, are available upon request. There is a 3/4 inch County Water meter installed on the property & underground electrical infrastructure. * Included in the photos are architectural renderings / concepts by Maui Architectural Group envisioning a fabulous home design. Come watch the whales breach, frolic amongst the turtles & enjoy your 'Peace of Paradise'.

Papaanui 5159 Makena Rd, Wailea/Makena

$4,995,000 - 23,700 Sf

MLS® # 400903

Fee Simple
Maui Real Estate Advisors LLC

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Introducing an exclusive opportunity to own a homesite within the Makena Farms Subdivision. Lot 10 is a front-row custom homesite with ocean views. Nestled next door to the renowned Makena Golf and Beach Club, this location offers a unique chance to apply to purchase a membership to the exclusive club, enhancing your coastal lifestyle. Located within walking distance from the beautiful Maluaka Beach and minutes away from the Wailea Shopping Center, restaurants, and world-class golf courses, this custom homesite provides a perfect blend of luxury and accessibility. Situated in a private gated subdivision, this 0.497-acre lot is one of only ten custom homesites and one of three front-row lots. Water and utilities are pre-installed, streamlining the development process for your dream home. Included in this offering are floor plans for a stunning 6,949 square feet, single-story custom home, designed to capture the breathtaking surroundings. Secure your place in this limited collection of custom homesites, where coastal living meets unparalleled elegance. The SMA permit is currently in review, and your opportunity to shape your dream home in Makena awaits. Some of the images displayed on this platform may depict finished products that are not completed. These images are intended to provide a visual representation to the future final product.

240 Hanai Ln, Unit 10/4-j, Wailea/Makena

$6,900,000

MLS® # 400652

Fee Simple
Discovery Makena Realty, LLC

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Presenting a unique opportunity to secure your piece of paradise within the new Makena Farms Subdivision. Lot 9 is a front-row homesite, offering sweeping ocean views that create the perfect backdrop for your dream home. This 0.525-acre custom homesite is located next door to the exclusive Makena Golf and Beach Club. The sandy shores of Maluaka Beach are just steps away, and the Wailea Shopping Center, gourmet restaurants, and world-class golf courses are also nearby. Nestled within a private gated subdivision, this property is one of only ten custom homesites and is among the coveted three front-row lots. Water and utilities are pre-installed, facilitating a smooth development process for your envisioned residence. Included in this offering are construction plans for a beautiful 7,490 SF single-story home designed to maximize the scenic beauty where coastal luxury meets unparalleled elegance. The canvas is set, and your dream home is within reach. Both the SMA permit and construction plans are currently under review, providing a head start on realizing your vision. Images depict renderings of the included floor plan, allowing you to visualize the extraordinary potential of this homesite. Additionally, the new owner will have the unique opportunity to apply to purchase a membership to the Makena Golf and Beach Club and its exclusive 5-star amenities. Some of the images displayed on this platform may depict finished products that are not completed. These images are intended to provide a visual representation to the future final product.

Makena Farms 260 Hanai Ln, Unit 9/4-i, Wailea/Makena

$10,900,000

MLS® # 400651

Fee Simple
Discovery Makena Realty, LLC

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Vacation Rental

Enjoy breathtaking unobstructed ocean, outer island, and sunset views from this extra-large, elegantly renovated, two-bedroom, two-bath Makena Surf condo! This 1,600 square foot unit feels even larger thanks to the extra-high ceilings (10'6"), and the central air-conditioning and the C-building's concrete construction provides its occupants with a comfortable, quiet place to unwind. This wonderful condo is perfectly perched on the top of the hill overlooking Po'olenalena Beach! Occupants enjoy additional privacy thanks to the u'lua heiau (fishing shrine) thought to be one of the landmarks directing ancient Hawaiians to one of the best fishing spots. No one is permitted to enter this area, which ensures maximum privacy and a sense of calm and tranquility. The lanai was beautifully expanded, and Fleetwood sliding doors and screens - flush to the floor - were installed, which created an ideal sense of, and setting for, indoor-outdoor living! Other thoughtful enhancements include a water filtering system, brand new appliances, and a keypad entry system. During whale season, one can watch the whales from the living area, kitchen, and the spacious lanai! New carpeting is scheduled to be installed in both bedrooms within the month. Onsite amenities include two pools, pickleball, tennis courts, a fitness center, several BBQs, herb gardens, a management office, and gated access. This wonderful complex offers both peace and privacy, while still being only minutes from world-class golf, dining, and shopping! Please contact your favorite Realtor to schedule a showing!

Makena Surf C106 4850 Makena Alanui Rd, Unit C106, Wailea/Makena

$4,785,000 - 2 Beds, 2.00 Baths, 1,600 Sf

MLS® # 400364

Fee Simple
Hawaii Life (W)

Active

This rare opportunity to acquire a first-time listed beachfront trophy estate on Makena Road presents an exclusive chance to own a coveted piece of Maui's coastline. Whether seeking a primary residence or an idyllic vacation retreat, immerse yourself in the unparalleled beauty and tranquility of this remarkable property. Spread across two oceanfront parcels totaling 1.43 acres, this exceptional property boasts 148 feet of pristine beachfront, elevated above the shimmering white sands of Makena’s Po’olenalena Beach. Ensconced within a verdant tropical haven, it guarantees the utmost in peace and privacy. The architectural marvel of this breathtaking estate unfolds across four distinct and meticulously designed dwellings, each exuding its own unique charm and allure. With a collective offering of 7 bedrooms, 6 full bathrooms, and 2 half baths, every residence within this compound epitomizes refined coastal living at its finest. The main residence welcomes you with an airy and open layout, featuring a chef's kitchen outfitted with state-of-the-art appliances, a gracefully appointed dining area, and a cozy yet spacious living room adorned with panoramic windows offering unobstructed views of the Pacific. Step outside to a sprawling lanai where gentle ocean breezes and breathtaking sunsets await. To ensure a heightened sense of security and exclusivity, the estate boasts not one but two gated entrances, providing discreet and private access to this magnificent coastal haven. A testament to timeless elegance, the home's architecture and design seamlessly integrate indoor and outdoor spaces, captivating oceanfront living.

4610 Makena Rd, Wailea/Makena

$33,000,000 - 7 Beds, 7.00 Baths, 6,352 Sf

MLS® # 400339

Fee Simple
Coldwell Banker Island Prop(S)

Active

5000 Makena Rd, Unit 1-b-2, Wailea/Makena

$9,800,000

MLS® # 400316

Fee Simple
Coldwell Banker Island Prop(S)

Active

Virtual Tour

Vacation Rental

Makena Surf F207 4850 Makena Alanui Rd, Unit F207, Wailea/Makena

$5,350,000 - 2 Beds, 2.00 Baths, 1,313 Sf

MLS® # 400245

Fee Simple
Coldwell Banker Island Prop(S)

Active

Open House

Vacation Rental

Amazing opportunity to own this RARE ground-floor, corner unit in a stunning, luxurious beachfront resort nestled along the beautiful Makena coastline. This spacious 2-bedroom, 2-bathroom accents an additional den/office area that could easily be converted into a 3rd bedroom. Conveniently located on the ground-floor, this single-level unit features: tile and carpet flooring, high vaulted ceilings, central A/C, and is being offered fully furnished. Soak up the beautiful sunsets all-year round while enjoying whale sightings in the winter months from your oversized covered lanai that extends to the lush lawn for entertaining, or venture out to partake in all of the amenities of resort living. From award-winning fine dining, local eateries, and shopping, to renowned golf courses and beaches, there is an activity that awaits you, all while having the privilege of retreating to your own personal residential haven. Makena Surf offers automated gated entry, 4 tennis courts, 2 swimming pools, 16-acres of colorful, flourishing tropical grounds, a gym, on-site management office, and a classic white sandy beach known as Po'olenalena. Seize the unique opportunity to tastefully transform this unit into your own Home-Sweet-Hawaii-Home. Contact your favorite Realtor TODAY to schedule a showing.

Makena Surf C101 4850 Makena Alanui Rd, Unit C101, Wailea/Makena

$4,200,000 - 2 Beds, 2.00 Baths, 1,655 Sf

MLS® # 399939

Fee Simple
Coldwell Banker Island Prop(S)

Active

Virtual Tour

Rare opportunity to build your Maui dream estate or develop creative housing solutions on one of Makena’s last undeveloped, multigenerational, spacious, family-owned lots. Tucked between white sand Maluaka Beach and historic Makena Landing, this .653-acre property is a short stroll away from some of Maui’s best snorkeling, diving, kayaking, paddleboarding, boogie boarding, fishing, and sunset viewing. Steamships from around the globe used to visit this sheltered, South Maui port to stock up on fresh produce, meat, and supplies that were brought down on horseback from ‘Ulupalakua Ranch. Two centuries later, it’s now a bustling watersports hub full of snorkelers and paddlers who flock to this area to explore the calm, clear waters. Across the street from this scenic parcel you can still get a feel for that bygone era at historic Keawala‘i Church, which was built in 1832 and is committed to continuing the Hawaiian language and the area’s cultural heritage. More recently, this area has seen many nearby improvements by Discovery Land Company, an international developer of luxury, low-density, membership communities that sits adjacent to the property. R2 zoning allows for 7,500 sq. foot lots, each allowing for multiple dwellings. There are no CC&Rs and no HOA. 3/4" Water meter is pending install with other utilities located at the street.

5375 Makena Rd, Wailea/Makena

$5,800,000

MLS® # 398112

Fee Simple
Compass

Active

We all have multiple desires. We want privacy, but we want to be close to the beach. We want intimacy, but we need space. We want proximity to restaurants and shops, but we want acreage. When you build your dream estate at 21 Ualei Place you won't have to sacrifice privacy to be near one of the world's best beaches. You won't have to sacrifice space to be close to the world renowned Wailea Beach Walk...or restaurants, shops and golf. You don't have to sacrifice anything. 21 Ualei Place is the last available vacant lot in the prestigious gated One Palauea Bay Subdivision. One block from Palauea Beach and Polo Beach. Across the street from the Fairmont Kea Lani Hotel. Across the street from the Wailea Beach path. A mere chip shot to the Wailea golf courses. It’s all close by. With 1.88 acres you’ll have the privacy you crave and plenty of space to build. The beach path includes its own private shower. This may be the last opportunity to acquire this much land in Makena this close to all of your desires. Contact your favorite Realtor for details and a private showing.

One Palauea Bay 21 Ualei Pl, Unit 1, Wailea/Makena

$5,250,000

MLS® # 396686

Fee Simple
The Maui Real Estate Team Inc

Specializing in Makena and Wailea real estate, Alex Cortez is fully dedicated to representing his clients ethically and diligently. Contact him at 808.385.5034 or Alex@MauiRealEstateSearch.com for more information.

Listings provided courtesy of the REALTORS® Association of Maui.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Near By Homes For Sale

Na Hale O Makena D302 4955 Makena Rd, Unit D302, Wailea/Makena

Makena Alanui Rd, Wailea/Makena

Makena Surf C201 4850 Makena Alanui Rd, Unit C201, Wailea/Makena

Papa'anui 5147 Makena Rd, Wailea/Makena

4584 Makena Rd, Wailea/Makena

Keauhou 4520 Makena Alanui Dr, Wailea/Makena

One Palauea Bay 10 Ualei Pl, Wailea/Makena

Makena Rd, Wailea/Makena

Papaanui 5159 Makena Rd, Wailea/Makena

240 Hanai Ln, Unit 10/4-j, Wailea/Makena

Makena Farms 260 Hanai Ln, Unit 9/4-i, Wailea/Makena

Makena Surf C106 4850 Makena Alanui Rd, Unit C106, Wailea/Makena

4610 Makena Rd, Wailea/Makena

5000 Makena Rd, Unit 1-b-2, Wailea/Makena

Makena Surf F207 4850 Makena Alanui Rd, Unit F207, Wailea/Makena

Makena Surf C101 4850 Makena Alanui Rd, Unit C101, Wailea/Makena

5375 Makena Rd, Wailea/Makena

One Palauea Bay 21 Ualei Pl, Unit 1, Wailea/Makena

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