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Sold for $3,175,000
  • $3,175,000

    72-1138 Makalei Dr, Kailua Kona, HI 96740

    4beds
    3,386sqft
    Single Family Residence
    Built in 2007
    3.12 Acres Lot
    $3,114,900 Zestimate®
    $938/sqft
    $7,066 Estimated rent

    Home value

    $3,114,900

    $2.68M - $3.61M

    $7,066/mo

    Zestimate® history
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    What's special

    Coffee orchardGated luxury residenceExceptional quality materialsCentral air conditioning
    Spectacular West-Facing Ocean View Estate on 3+ Private Acres – Gated, Luxury Residence with Detached Guest Suite, Coffee Orchard & Ag Tax Potential. • Expansive Pacific Ocean Views ~ capturing dramatic year round sunsets, lovely morning sunlight and the perfect balance of sunshine and rain at this 1,380′ elevation. • Main residence built with exceptional quality materials featuring stunning travertine tile flooring from the front entry through the great room to the 660+ Sq Ft rear lanai, central air conditioning, and beautiful hardwood floors in the bedrooms, with Afromosia (African Teak) wood trim throughout, a sophisticated & comfortable island home estate. • From the moment you enter the courtyard and are greeted by the gentle sounds of the bubbling fountain, you will appreciate how the home was designed for indoor-outdoor living, with a beautiful balance of luxury, complemented by earth based materials, and room for a pool and other expansion possibilities. • The private outdoor shower off the primary suite with generous private lanai has ample space for chaise lounges, a hot tub, and massage table creating your own home spa. • Detached 1-bedroom guest suite with full bath, and kitchenette is completely separate from the main home and is perfect for visitors, caretaker housing, and extended family. Adjacent to the detached guest suite is a huge 2nd garage, ideal for an artist studio, gym/exercise room, or workshop. •The main house also features its own oversized 2-car attached garage, with additional attic storage space above. • Coffee-producing acreage below the home with an established cultivator ready to assist the new owners, offers agricultural possibilities w/ the potential for property tax advantages • A Pre-inspection was done with the majority of items addressed, sold partially furnished. • This timeless home gives one an opportunity to feel the connection to nature while enjoying a pampered life~

    Zillow last checked:

    Listing updated:

    Listed by:

    Erika Stuart 8089875272,

    Hawaii Life

    Bought with:

    Mrs. Natalie Prescott, MBA, RS-88002

    ZT Hawaii LLC

    Source: Hawaii Information Service,MLS#: 724892MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Cooling
    • Air Conditioning, Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Indoor Grill, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
    • Laundry: Front Load
    Features
    • High Ceilings
    • Flooring: Hardwood
    • Windows: Blinds
    • Has fireplace: Yes
    • Fireplace features: Electric, Fire Pit
    Interior area
    • Total structure area: 3,386
    • Total interior livable area: 3,386 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Garage spaces: 3
    Features
    • Exterior features: Lighting, Outdoor Kitchen
    • Fencing: Chain Link,Stone,Wire
    • Has view: Yes
    • View description: Coastline, Garden, Mountain(s), Ocean, Ocean Horizon, Sunset
    • Has water view: Yes
    • Water view: Ocean
    • Frontage type: Other,Pasture
    Lot
    • Size: 3.12 Acres
    • Features: Landscaped
    • Topography: Gentle Slope,Terraced
    Details
    • Parcel number: 3720150610000
    • Zoning: A-3a
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Double Wall
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available

    Community & HOA

    Community
    • Security: Gated Community, Security System, Smoke Detector(s)
    • Subdivision: MAKALEI ESTATES
    HOA
    • Has HOA: Yes
    • HOA fee: $312 monthly
    Location
    • Region: Kailua Kona

    Financial & listing details

    • Price per square foot: $938/sqft
    • Tax assessed value: $1,977,400
    • Annual tax amount: $10,664
    • Date on market: 1/9/2026
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Ownership: Full
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/6/2026Sold$3,175,000-3.4%$938/sqft
    Source: Hawaii Information Service #724892 Report a problem
    2/5/2026Contingent$3,288,000$971/sqft
    Source: Hawaii Information Service #724892 Report a problem
    1/9/2026Listed for sale$3,288,000+119.2%$971/sqft
    Source: Hawaii Information Service #724892 Report a problem
    5/19/2011Sold$1,500,000+150%$443/sqft
    Source: Public Record Report a problem
    5/5/2005Sold$600,000$177/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,977,400 +3%
    2024$10,322 +1.1%$1,919,800 +4.1%
    2023$10,207 -0.7%$1,844,600 +3%
    2022$10,276 +3.2%$1,790,900 +3%
    2021$9,955 +3.2%$1,738,700 +3%
    2020$9,644 +3.2%$1,688,100 +3%
    2019$9,341 +6.6%$1,638,900 +3%
    2018$8,763 $1,591,200 +3%
    2017-- $1,544,900 +3%
    2016-- $1,499,900 +3%
    2015-- $1,456,200 +2.3%
    2014-- $1,424,000 -7.8%
    2011-- $1,544,900 +0.2%
    2010-- $1,542,500 -18.3%
    2009-- $1,888,100 +3%
    2008-- $1,833,100
    Find assessor info on the county website

    Neighborhood: Kaiminani

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $3,114,900
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    With Zillow Showcase(estimated)
    $3,177,198