MLS® 390434 (Hawaii Real Estate) is located at 120 Punakea Loop B Lahaina HI 96761 in Makila Phase 1 . The current listing status is Pending - Cont. To Show. This 6 bed and 7 bath Home was built in 2005 and features 5142 finished sq.ft with a lot size of 15.48 acres. This property has a reported annual taxes of $49,944. This property is currently listed for an *asking* price of $5,800,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.
120 Punakea Loop is a 12-acre estate situated in Launiupoko. The main 5,142 sq. ft. home has 6 bedrooms and 6.5 bathrooms, and a 1,168 sq. ft. barn comes with a wet bar, full bath, beautifully tiled floors, and a single car bay. This landmark property affords fabulous ocean and outer-island views and a landscaped park-like tropical setting. The property sits on the hill in Launiupoko. One approaches the home via the 600 ft. drive off Punakea Loop. The driveway is adorned with fountains and tropical foliage, and a portico provides an elegant, shaded space from which to enter the home. Entering the home, one finds a living room with wet bar, kitchen, and 3 bedrooms. A spacious covered lanai runs along the ocean-side wall of the living room, allowing you to take in the beautiful view. The master bedroom has an en-suite bathroom and large covered lanai, which also boasts stunning ocean views. The 2 additional bedrooms on the main floor also have en-suite bathrooms. Downstairs, the yard-level floor has dining areas and living areas with wet bars, as well as three additional bedrooms. Bedrooms 4, 5 and 6 feature direct lanai access; bedroom 5 comes with an en-suite bathroom. The layout of the floor is designed in such a way that bedroom 6 and one of the living-room/wet-bar areas can be closed off and affectively act as a guest unit. Outside on the grounds, you are met with an expanse of green lawn, palms, and stunning views. To your right is the striking pool and jacuzzi, with an incredible 75 ft., 5-tier, calming waterfall which cascades down into the pool. Sunsets from the pool, yard and home are life enhancing. Inside vehicle parking is accommodated in the 3-car garage, with an approximately 500 sq. ft. bonus room off the garage. This retreat is only moments from Lahaina Town, West Maui beaches, and champion Golf courses. Find your "Lahaina Dream" at 120 Punakea Loop. (Barn and bonus-room footage not included in main living sq. ft.)
Listed by: Keller Williams Realty Maui-LPrivate Water, TV Cable, Telephone, Underground Electricity
Entry, Lawn Sprinkler, Remodeled, Spa/Hot Tub, Wall/Fence, Workshop
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Listing information last updated on April 21st, 2021 at 1:11am HST.