Yes folks, you read that right! Actually, it was $27.9 million, but it was only 3 homes that totaled this amount…and all in 2 days.
Home #1
4950 Makena Road, Lot 9 is a 4 bedroom/4 bathroom residential condominium in the Makena Place subdivision. It is a detached single family home, however, they are set up as condominiums with an association and dues. The home is situated 40′ from the ocean and was sold fully furnished. It was on the market for 252 days, it sold for $8.1M, and was originally listed at $8.788M. The home consists of 3,717 square feet of living space with an additional 743 square feet of covered patios.
Home #2
7640 Makena Road is a 2 bedroom/3.5 bathroom “hawaiian style” home. As you can see, it is situated on a private promontory and surrounded on 3 sides by the ocean. The home isn’t for everyone, but for the right buyer, this could be as close to heaven as you can get! It’s only 3,000 square feet, but it also has an additional 1,400 square feet of covered/uncovered patios. It was on the market for 554 days, sold for $4.8M, and was originally listed at $6.495M.
Home #3
4541 Keoneoio Makena was sold before it was listed. It has 6 bedrooms and 6.5 bathrooms all under 6,901 square feet. Now, hold on to your hats people; it sold for a cool $15M.
These sales occurred in mid-December, so perhaps the rush was on to find a home for the holidays. Whatever the reasons were, we can say that there is a market for high-end Makena Beach properties. The downside, you will see, is that there are no listings that are currently available in the $4-$6M range. I have picked a few for you to look at.
High-End Makena Beach Properties For Sale
1. 4690 S. Makena Road (MLS# 346191) is an “old Hawaiian” style property. It has 3 bedrooms and 3 bathrooms under 2,968 square feet of living space. The reason to get this home is that very few homes on Po’olenalena Beach come on the market and this is one. This one is currently listed at $8.990M and is on just under 1/2 acre of land.
2. 4950 Makena Road, Lot 2 (MLS# 349474) is a residential condominium with 4 bedrooms and 4.5 bathrooms under 4,318 square feet of furnished home. This home is listed at $10.2M.
3. 6900 Makena Road (MLS# 345607) is my pick for 2012. This listing has 600 feet of ocean frontage and is bordered by sandy north and south beaches. It is listed at $17M and is a 2 bedroom/2 bathroom home with 2,337 square feet of living space and a 400 square foot studio ohana. The parcel of land is amazing at just under 1.4 acres beachfront. This property may not be for everyone, but for the right buyer, this could be the one.
Galleries and Helpful Links
If you are interested in looking at the entire home inventory in Makena, please visit my Makena Beach Luxury Homes Gallery. If you are interested in condominium living, please view my Makena Beach Condominium Gallery.
If you are new to Makena and would like to learn more about the area, may I suggest reading some blogs that I’ve written about the area:
To make Makena your home, contact me!
Ken Molina
808.344.6421
ken@hawaiilife.com
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