Sold

240 Punakea Loop

Lahaina HI, 96761

$7,000,000


$4,830.92 per sqft

Sold

3 Beds

3 Baths

1,449 sqft

Residential

Built in 2005

240 Punakea Loop is an inspiration. Set against a backdrop of breathtaking ocean views, the current owners have created an idyllic world that is at once a comfortable home, entertainment center, and exotic arboretum. Located on the upper slopes of Launiupoko, the views from this 16-acre legacy estate are classic West Maui, with the shimmering blue Pacific stretching out below and the islands of Lana'i, Moloka'i, and Kaho'olawe dotting the horizon. The property is unique in that it contains the most diverse collection of fruit-producing trees on Maui. The property includes a beautiful cottage home and a main-house lot that is prepped for building your Maui dream home. The 3-bedroom, 3-bath cottage home, with a total of 1,449 sq. ft. of livable space, underwent an extensive redesign by the current owners. The interior and exterior spaces feature high-quality stonework and offer several independent gathering areas. The home's spacious bedrooms both have en-suite baths, and the master has an outdoor relaxation area complete with a shower and direct access to the manicured yard. The living room and dining area serve as a gathering point for movie nights, while an inviting corner breakfast nook in the kitchen provides a cozy spot for a meal with friends and family - and the perfect place to savor the bounty of the orchard! This cottage home has more outdoor living space than much larger homes in the area. Amenities include a built-in covered barbecue, a resistance swimming spa, and a jacuzzi tub. The spacious lanai hosts two comfortable sitting areas, both covered, providing ample room for entertaining and welcome shade during the day. The tidy lawn that surrounds the home runs up to a hedge that has been carefully placed and shaped to create the illusion of an infinity edge, connecting the impeccably maintained yard to the Pacific Ocean below. The thoughtful placement of the hedge and a lush stand of coconut palms, complete with a coconut "alter" for harvesting, hint at the carefully crafted landscape beyond. The large Main-Home-lot can accommodate a single-level 6,000 sq. ft. home. The estate is designed as an adult playground. Immediately adjacent to the home is a golf tee and putting green and a giant chess set. A winding garden path leads to the bocce and shuffleboard courts just below. The current owners enjoy evening games using glow-in-the-dark balls! There is also a lighted tennis and pickleball court with a basketball hoop. You have many options when it comes to spending quality time with friends and family. This property brings together two aspirational lifestyle goals: living the ultimate Hawaii resort lifestyle and owning a flourishing organic farm. Ten years of terraforming have transformed the landscape into a wonderland of paved pathways that meander through orchards and gardens. In addition, the orchard is a well-oiled operation, with a team that manages the entire site so you can kick back and enjoy fresh organic food all year long. The property's electric needs are met by an owned 19 KW photovoltaic system that produces more power than the property currently requires, resulting in net-metering, feeding electricity back into the Maui electric grid. 240 Punakea Loop is a must-see for those who have always dreamed of owning a working organic orchard and living the ultimate Maui lifestyle. The beautiful cottage home on the property has all the creature comforts of any luxury home on Maui, while the orchard is an inspiration for its scale and uniqueness. The main-home lot is a canvas prepped for building your Maui dream home. With 240 Punakea Loop, you get the best of all worlds - your own fiefdom to live your dream Maui lifestyle!

397303

MLS ID

November 7, 2022

Listed

February 16, 2024

Updated

Map

240 Punakea Loop
Lahaina HI, 96761

Interior Features

Bedrooms

3 Beds


Bathrooms

3 Baths


Appliances

Range, Dishwasher, Refrigerator


Laundry Description

Exclusive Right to Sell


Fireplace

No


Cooling

Yes


Heating

No

Exterior/Building Features

Lot Size

12.49 Acres


Sewer

Septic Tank

School Information

School District

No

Other Property Details

Area Name

Lahaina


Days on Market

74


Association Fee Frequency

Monthly


Garage

Yes


Garage Spaces

2


View

Yes


View Description

Ocean


Pool

Yes


Pool Features

In-Ground


Buyer Agency Compensation

2.5%

Courtesy of Welcome Hawaii Properties

Listing Contact: Cell: 808-280-2480 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Mark Marchello shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 REALTORS Association of Maui, Inc. All rights reserved.

Data last updated 2:16 AM UTC, 2/16/2024

Powered byLuxury Presence