Realtor.com
What exactly makes this oceanside manse on Maui so desirable? Well, for starters, the property known as Hale Palau’ea is nearly hidden.
“Some people build ‘wow’ estates here; this one really blends in to the coastline,” says Dano Sayles, of Coldwell Banker Island Properties. He’s representing the $36 million property. “It’s under the radar to the public, but [still] over the top. The house is like a piece of art.”
Located in Kihei, HI, the high-priced home also recently popped up on the list of most expensive homes on Realtor.com®.
With only one owner, the .47-acre property is perfectly perched 16 feet above White Rocks Beach (also called Palau’ea Beach), where it has 120 feet of ocean frontage.
The four-bedroom, 4.5-bath home was designed by local architect Rich Young. It took almost a decade to bring the 4,802-square-foot home to fruition. The process took several years of securing building permits, and the house was completed in 2015.
Because of local building regulations, reconstructing a property identical to this one would not only be expensive but nearly impossible.
“It’s challenging to build on Maui these days, because it’s all in a special management area,” Sayles says, adding that it’s still the case “even if you have all the money in the world.”
With this listing, “it’s already done,” he says. “You don’t have to do through a decade of challenges.”
And he insists the price tag is in line with other high-dollar markets.
“If you’re comparing Maui to Malibu or Bellevue (Washington), price per square foot, I see a lot of value here,” he says. Buyers “look at Maui and, even at $30 or $40 million, there’s a lot of value for what you get.”
Stairwell
Ethan Kwon
Kitchen
Ethan Kwon
One of the bedrooms
Ethan Kwon
One of the baths
Ethan Kwon
Outdoor shower
Ethan Kwon
Pool
Ethan Kwon
Pool and lanai
Jonathon Russell
Hand-hewn coral, cedar ceilings, travertine tile, and cedar-wood shingles are some of the building materials here that riff on the natural surroundings. The home also has copper gutters and Fleetwood sliding-glass doors.
Attention to detail is evident. Local Ohia wood, sourced from the Big Island, is seen in lanai posts and under the roof eaves and trellis. There’s also a carved mahogany door with an outrigger canoe and oarsmen theme, as well as Hawaiian newel posts forged out of walnut.
Suited for entertaining, the property’s tropical grounds are accentuated with a grill, pizza oven, Tiki torches, stepping stones, and a pool.
The next owner will have celebrity neighbors—Jeff Bezos and Oprah Winfrey, specifically.
And when it comes to the local climate, South Maui’s weather is an unbeatable draw.
“We have very little seasonal change,” Sayles notes. “Typically, the weather’s going to be from 83 degrees to 88 degrees year-round.”
The home is also near three championship golf courses, a private golf club, and tennis and pickleball facilities.
“The owners built this home for themselves and for their children,” says Sayles. “This is the type of compound that could be passed on from generation to generation. It’s that special.”
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