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For sale
  • Price cut: $400K (6/7)
    $4,300,000

    4000 Wailea Alanui Dr APT 2502, Kihei, HI 96753

    3beds
    4baths
    2,419sqft
    : 
    $24,650/mo
    Get pre-qualified
    Condominium, Residential
    Built in 1987
    -- sqft lot
    $-- Zestimate®
    $1,778/sqft
    $62/mo HOA

    What's special

    Spectacular ocean viewsWhales galoreVaulted ceilingsYear-round sunsets
    OUTSTANDING VALUE for one of Wailea Point's most FABULOUS VIEW UNITS. This is the highly sought after Upper Level D plan, Wailea Point’s second largest standard floor plan located on the top 2 floors of a 4-story building; 2 levels, 3 bedrooms, 4 bathrooms. The location is a “10”, affording spectacular ocean views. The vaulted ceilings are a bonus, and new windows were installed in 2022, including the gorgeous mitered glass bay window that makes the ocean view from the living room simply POP! Facing west, 180-degree ocean views, year-round sunsets, and whales galore! The entire upstairs is a master suite with full bath & soaking tub, and its own private, 144 sq. ft. “crow’s nest" lanai with stunning views. Original condition except for the beautiful new windows. Unfurnished. Wailea Point was built to be the finest residential condominium in all of Hawaii - and many believe it is just that. Built in the late 1980's, it stole the show at the 1986 Parade of Homes, a competition sponsored by the Building Industry Association of Hawaii. It also won a national award from Sunset Magazine for best use of glass - and the sellers have improved on that by replacing windows, and installing the awesome "mitered glass bay window" in the living room. Aside from its World Class location, Wailea Point boasts ultra-high quality design & construction, very low density (just over 4 units per acre), low rise structures in a magnificent, garden environment. 24-hour roving & gated security; 2 elaborate pool pavilions with kitchens & barbecues; 4 pools (including a 2-lane, 25-meter lap pool); 2 whirlpool spas; lighted tennis & pickleball courts; superb fitness gym; extensive fruit & herb gardens; ample parking; and it's golf cart friendly! Enjoy the Four Seasons and Fairmont Kea Lani resorts as immediate neighbors, plus the Grand Wailea a short walk away, and all the 5-star restaurants & other services they offer. Well run AOAO. In a 7/15/26 ruling, the Appeals Court changed the minimum rental period at Wailea Point BACK to 30 days. An Association Board of Directors Bulletin dated 7/22/26 states, “Consistent with the appellate court's decision, the minimum rental period is being administered as 30 consecutive days."
    892 days
    |
    300
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dave Wagner RB-15525 realty@waileapoint.com,

    Wailea Point Realty, Inc.,

    Renee R. Zaima RB-22189 808-298-7770,

    Wailea Point Realty, Inc.

    Source: RAM,MLS#: 401515MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      Rooms
      • Room types: Exercise Room
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Ceiling Fan(s)
      • Windows: Blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 2,419
      • Total interior livable area: 2,419 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage Door Opener
      • Garage spaces: 1
      Features
      • Patio & porch: Covered Lanai/Deck, Uncovered Lanai/Deck
      • Exterior features: Tennis Court(s)
      • Has private pool: Yes
      • Pool features: In Ground
      • Spa features: Spa/Hot Tub
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean Front
      Lot
      • Size: 26.4 Acres
      Details
      • Parcel number: 2210230040051
      • Zoning: H-M
      • Zoning description: Hotel District

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Residential
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      • Roof: Tile
      Condition
      • Year built: 1987

      Utilities & green energy

      • Electric: Overhead Electricity
      • Sewer: Public Sewer, Private Sewer
      • Water: Public
      • Utilities for property: Phone Connected, Cable Connected, TV Cable

      Community & HOA

      Community
      • Features: Clubhouse
      • Security: Smoke Detector(s), Security Guard
      • Subdivision: Wailea Point
      HOA
      • Has HOA: Yes
      • HOA fee: $372 semi-annually
      Location
      • Region: Kihei

      Financial & listing details

      • Price per square foot: $1,778/sqft
      • Tax assessed value: $5,624,600
      • Annual tax amount: $98,438
      • Date on market: 3/15/2024

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/7/2026Price change$4,300,000-8.5%$1,778/sqft
        Source: RAM #401515 Report a problem
        4/10/2026Price change$4,700,000-6%$1,943/sqft
        Source: RAM #401515 Report a problem
        6/29/2025Price change$5,000,000-17.4%$2,067/sqft
        Source: RAM #401515 Report a problem
        3/15/2024Listed for sale$6,050,000-4%$2,501/sqft
        Source: RAM #401515 Report a problem
        2/27/2024Listing removed--
        Source: RAM #397254 Report a problem
        10/17/2023Price change$6,300,000-6%$2,604/sqft
        Source: RAM #397254 Report a problem
        8/3/2023Price change$6,700,000+0.8%$2,770/sqft
        Source: RAM #397254 Report a problem
        7/27/2023Price change$6,650,000-3.6%$2,749/sqft
        Source: RAM #397254 Report a problem
        1/9/2023Price change$6,900,000-4.2%$2,852/sqft
        Source: RAM #397254 Report a problem
        10/30/2022Listed for sale$7,200,000+767.5%$2,976/sqft
        Source: RAM #397254 Report a problem
        1/1/1988Sold$830,000$343/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$81,313 -16.1%$5,624,600 -17.7%
        2024$96,971 +54.4%$6,831,400 +28.9%
        2023$62,800 +30.5%$5,299,600 +30.5%
        2022$48,118 +14.5%$4,060,600 +7.9%
        2021$42,030 +69.8%$3,762,200 -6%
        2020$24,756 -6%$4,002,300 -0.1%
        2019$26,334 $4,008,300 -4%
        2018$26,334 -0.7%$4,173,400
        2017$26,521 +1033.1%--
        2016$2,340 -83.5%$3,900,800 -6.4%
        2015$14,172 +38.5%$4,168,200 +26.3%
        2014$10,229 $3,299,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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

        35 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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