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For sale
  • $34,000,000

    18 Maluaka Pl #1, Kihei, HI 96753

    4beds
    6baths
    7,498sqft
    : 
    $194,057/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2028
    0.57 Acres Lot
    $31,878,300 Zestimate®
    $4,535/sqft
    $-- HOA

    What's special

    Discover a rare chance to create your legacy in Maluaka Estates, an intimate, private gated enclave of only 13 custom estates in the heart of Makena. Just moments from the golden sands of Maluaka Beach and adjacent to the world-class amenities of the Makena Golf & Beach Club, this exclusive homesite offers an unparalleled blend of luxury, privacy, and island living. More than a homesite, this is a thoughtfully curated pathway to your dream island residence. The property includes membership application rights to the club, opening the door to an extraordinary lifestyle defined by championship golf, ocean adventures, wellness experiences, and exceptional dining. Designed for ease and convenience, the property is part of a seller-organized construction program for a fully permitted, world-class luxury home. Architectural plans have already been submitted to Maui County for permit approval, allowing you to bypass years of planning and begin bringing your vision to life with confidence. Imagine mornings spent along Makena’s stunning coastline, afternoons enjoying club amenities, and evenings relaxing in a custom estate designed to embrace the beauty of island living. This is a unique opportunity to secure a place in one of South Maui’s most coveted communities and enjoy the very best of the Makena lifestyle. Disclaimer: The offering price of the lot & house package is $34,000,000. The lot sale will occur first under a separate purchase agreement. Following the successful closing of the lot, the buyer and builder are expected to enter into a separate construction agreement for the proposed residence. The home depicted in the listing is not currently under construction. All photographs, renderings, floor plans, elevations, and other visual materials are artist's conceptual renderings only and are provided solely to illustrate a potential home design. Final architectural plans, specifications, dimensions, materials, finishes, features, pricing, and other design elements are subject to change. A due diligence/design review period will be provided following the lot purchase to review the proposed home plans with the buyer. During this period, the buyer may request revisions to the design, specifications, and finishes, subject to applicable approvals, feasibility, and agreement between the parties, before construction begins. Construction will not commence until final plans, specifications, permits, budgets, and contractual terms have been approved and executed. Estimated construction timelines have not yet been finalized and will be determined after completion of the design process, permitting, and execution of the construction agreement. Any references to square footage, features, amenities, pricing, or completion dates are preliminary and subject to modification. Buyers should independently verify all information and are encouraged to consult with the seller, builder, architect, and their own advisors regarding all aspects of the proposed project. Listing information is deemed reliable but is not guaranteed. This is a Residential Condo (CPR) - This is a Residential Condo Property, and this unit approved for a main house.
    16 days
    |
    1,450
    |
    46
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert H. Merriman RB-16253 Cell:808-870-8000,

    Discovery Makena Realty LLC

    Source: RAM,MLS#: 410368MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      Cooling
      • Central Air
      Interior area
      • Total structure area: 7,498
      • Total interior livable area: 7,498 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Has private pool: Yes
      • Pool features: Heated
      • Has view: Yes
      • View description: Mountain/Ocean
      • Has water view: Yes
      • Water view: Mountain/Ocean
      • Waterfront features: None
      Lot
      • Size: 0.57 Acres
      Details
      • Parcel number: 2210060370001

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Condition
      • Year built: 2028

      Community & HOA

      Community
      • Subdivision: Maluaka Estates
      Location
      • Region: Kihei

      Financial & listing details

      • Price per square foot: $4,535/sqft
      • Tax assessed value: $12,457,100
      • Annual tax amount: $183,841
      • Date on market: 7/28/2026

        Estimated market value

        $31,878,300

        $29.65M - $33.47M

        $4,905/mo

        Price history

        DateEventPrice
        7/28/2026Listed for sale$34,000,000+407.5%$4,535/sqft
        Source: RAM #410368 Report a problem
        12/24/2025Sold$6,700,000-46.4%$894/sqft
        Source: RAM #403294 Report a problem
        8/27/2024Listed for sale$12,500,000+47.1%$1,667/sqft
        Source: RAM #403294 Report a problem
        10/9/2015Sold$8,500,000$1,134/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$183,841 +48.4%$12,457,100 +22%
        2024$123,877 +21.2%$10,214,800 +2.5%
        2023$102,171 $9,965,700 +11.1%
        2022-- $8,969,100 +13.6%
        2021$59,738 -28.2%$7,892,900
        2020$83,252 +197.9%$7,892,900 +1.9%
        2019$27,950 $7,744,400 +157.1%
        2018$27,950 +58.1%$3,011,800
        2017$17,675 +937.4%--
        2016$1,704 -91.7%$2,839,700 +0%
        2015$20,501 +129.4%$2,839,600 -1.5%
        2014$8,936 $2,882,600
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 96753

        Getting around

        10 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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