MLS: 397829 (Active - For Sale)   Asking Price: $4,200,000 Fee Simple District: Lahaina City: Lahaina Street: 390 Punakea Loop Neighborhood: Mahanalua Nui (Launiupoko) Beds: 4   Baths: 4.5 Living Area: 3,412 SF Land Area: 48.128 Acres Features: Ocean View, Pool Garage: 2 Car   Solar PV: None (Solar Size & Cost Calculator) Days on Market: 76

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Every so often a property comes on the market that truly fulfills the proverbial promise of "Once in a Lifetime." Such is the case with 390 Punakea Loop. Originally owned by the right hand man of the Launiupoko Developer and as such was granted the opportunity to acquire one of the biggest pieces of land with the best view in the entire neighborhood. I would argue it's the best view in ALL of West Maui. Not only that, but extreme privacy, security and quiet peace that only comes with a large land holding. The property features over 43 acres of AG land and four distinct living areas. A main home with 1 bed, 2 baths with pool, an attached roofline to the 2nd bedroom and bath for the main home. A two car garage that is detached from the main and positioned between a studio and 1 bedroom. The studio to the left has a full bath and to the right is a 1 bedroom mother-in-law suite, also with a full bath. A grand total of 2214 square feet with over 1300 square feet under covered lanai. You will LOVE the indoor/outdoor living style of the wide open accordion doors that seamlessly connect you to the unending 270 degree ocean views. With year round sunsets perfectly framed by the island views of Lanai, Molokai and Ko'olawae. Your jaw will drop as you think to yourself "this can't be real". Then right when dusk falls, the view continues to mesmerize as it transforms to the twinkling town lights of Lahaina and the night stars sparkling as the milky way spirals overhead. You and your family will enjoy hiking or 4 wheeling on the vast acreage, and the views only get better as you ascend! Opportunities for this property are endless! A solar field, an agricultural operation, yoga retreat, glamping platforms and agricultural structures and a barn can yet be constructed.The highly sought after Launiupoko neighborhood is located close to excellent beaches, surf breaks, conveniences of Lahaina town and quick access to the bypass. In the last two years, the average cost per sold acre of vacant land in Launiupoko has been over $208,000/acre. This is parcel A of a Condominium Parcel Regime.

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3 Comparable Homes in Mahanalua Nui (launiupoko) (Last 6 months)

MLS Number	Description	List Date	List Price
396734	3 Bed, 2.5 Bath	08/17/2022	$3,900,000
396535	5 Bed, 6.5 Bath	07/25/2022	$5,850,000
397697	5 Bed, 6 Bath	12/21/2022	$8,195,000
		Average Price:	$5,981,667

Show Sold Comparables.

This property is listed by Keller Williams Realty Maui-Ka
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