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2999 Makalei Place Honolulu HI 96815

$7,350,000 | OahuRE Rebate $44,100 | Active

Price dropped on 03-04-2024. Original price was $7,500,000

Listed on 02-22-2024

4 Bedrooms, 4 Full Baths, 1 Half Bath, 4 Parking Spaces

5,897 Square Feet Living * 11,752 Square Feet Land

Sell for a $3,500 Flat Fee or 2% With Full Service.

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Listing courtesy of Hawaii Homes International Ralph S Gray (808) 295-0704

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Property Last Viewed: 07/22/2024 08:16 PM, Total Views Today: 0, Total Views: 413, Viewed History

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OahuRE.com Notes About This Property

View all new listings in the Diamond Head neighborhood since this property was listed.

The last sale on August 16, 2021, used Cash financing, so it is not an assumable mortgage.

Listed previously on February 12, 2023 for $9,895,000. View Details

Listed previously on May 16, 2022 for $8,999,000. View Details

Listed previously on July 2, 2021 for $5,500,000. View Details

Listed previously on July 5, 2020 for $5,500,000. View Details

Listed previously on January 14, 2020 for $5,500,000. View Details

Listed previously on September 17, 2019 for $5,500,000. View Details

Listed previously on March 27, 2019 for $5,995,000. View Details

Listed previously on August 30, 2018 for $6,380,000. View Details

Listed previously on February 1, 2018 for $6,999,000. View Details

Listed previously on August 13, 2012 for $6,500,000. View Details

Listed previously on August 11, 2011 for $6,750,000. View Details

Listed previously on June 9, 2010 for $7,500,000. View Details

Listed previously on May 8, 2009 for $7,500,000. View Details

Listed previously on December 1, 2008 for $9,000,000. View Details

Listed previously on February 12, 1998 for $2,400,000. View Details

Listed previously on April 5, 1996 for $2,700,000. View Details

Listed previously on February 10, 1994 for $2,950,000. View Details

Fell out of escrow or Temporarily Withdrawn 5 times. View Details

Price Decreased 8 times. View Details

Temporarily Withdrawn 1 time. View Details

Withdrawn 3 times. View Details

Expired 9 times. View Details

Price trends for Diamond Head.

There were 142 homes sold in the last 2 years in the Diamond Head neighborhood.


2999 Makalei Place

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Property Details

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MLS#: 202404105 * Questions?
Status: Active since 02-22-2024 See History
Price: $7,350,000
Rebate: $ 44,100 from OahuRE.com.
Monthly: $ 47,145.28 Update the default down payment and interest rate
  Monthly payment estimate for $ 7,350,000 price, 10% down, 6.60% interest rate, 30 year loan, $ 4,898 taxes, and $ 0 fees. Insurance not included.
Beds: 4   Baths: 4   Half: 1  Parking Spaces: 4
Living Sq Ft: 5,897
Land Sq Ft: 11,752
Land Tenure: FS - Fee Simple
Address: 2999 Makalei Place Honolulu HI 96815
Region: Diamond Head - Activity
Neighborhood: Diamond Head - Activity * Diamond Head Stats
Street: Makalei - Activity * Makalei Place Stats
Showing: Showing Request

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Original: $7,500,000
Change: $-150,000    -2.00%
Parcel#: 1-3-1-035-026-0000
Link: Tax Info/Plat Map/Parcel Map/Sketch
Days: 152 days in Active or In Escrow Showing
Date: Listed: 02-22-2024
Date: Status Change: 02-23-2024
Recent History: Expired Listing - Listed for 327 days starting on 02-12-2023 - MLS# 202302476
Year Built: 1931 Remodeled: 1995
View: City, Coastline, Diamond Head, Ocean, Sunset
Frontage: Conservation, Stream/Canal
Monthly Tax: $4,898 Year: 2023
Land: FS - Fee Simple
Condition: Above Average

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Description:

"House of Blue Heaven", an iconic Diamond Head ocean view luxury estate. Rare ocean view gem on the slopes of Diamond Head. Originally developed in 1931 by famed architect Hart Wood (Architect of Honolulu Hale, A&B Building) & later fully remodeled by Jeff Long in 1995, this 4-bedroom, 5.5-bath, 6,594 sq.ft. Asian-Western estate's appearance has been preserved yet modernized for today's lifestyle in luxury. 4 bedrooms and 4.5 baths so there is space for all. This classic home has vaulted ceilings, large open rooms, a lovely mountainside kitchen, and plenty of room for all. It is located on Makalei Place just above the beach and blue waters of Diamond Head. This home takes you back in time to the 1930's while still providing you with today's modern living including an elevator for easy access to the primary bedroom. There is a wonderful pool with hot tub and a outdoor area for fun in the sun. Steps away from Diamond Head surfing beach, Kapiolani Park, The Aquarium, and the shopping and dining of Waikiki. Makalei Road boasts several Historic homes and architectural masterpieces. Come live in one of Oahu's best locations and enjoy the beachside lifestyle of the Gold Coast!

 
 
Inclusions: AC Split, Auto Garage Door Opener, Ceiling Fan, Chandelier, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Range/Oven, Refrigerator, Smoke Detector

Amenities: Entry, Landscaped, Maids/Guest Qrters, Other, Patio/Deck, Wall/Fence

Utilities: Cesspool, Gas, Public Water, Telephone, Underground Electricity, Water Construction: Above Ground, Concrete, Double Wall, Wood Frame Lot Features: Clear Floor: Hardwood, Marble/Granite Disclosures: Property Disclosure Stmt Land Recorded: Regular System Furnished:

Possession: At Closing Terms: Cash, Conventional Sale Conditions: None

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Sold Price:
Concession:
Closed:
Sold Ratio:
Days Sold:
Land: $4,313,500
Building: $1,491,300  
Assessed Total: $5,804,800  
Assessed Ratio: 126.62%
Pool: In Ground, Spa/HotTub, Tile
Location: Cul-De-Sac, Inside
Parking: 3 Car+, Driveway, Garage

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District Locator: DOE Locator to Confirm District
Area Total: 11,752
Acres: 0.2698
Topography: Down Slope, Terraced
Building Style: Detach Single Family
Building:
New Const: No

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Maint. Fee: $0
Assoc. Fee: $0
Other Fee: $0
Includes:
Total Fees: $0
Exemption: 0
Other: 96
Lanai Sq Ft: 697
Garage Sq Ft: 484
Avg Sq Ft Living: $1,246.40
Avg Sq Ft Land: $625.43
Security: Key
Rental Income: $0
Stories: Basement, Two CPR: No
Zoning: 03 - R10 - Residential District
Flood Zone: Zone X * Check if this property is in a Flood Zone
Tsunami Zone: Check if this property is in a Tsunami Zone * Tsunami Info * Oahu Tsunami Map
Roofing: Tile
Set-Backs: Of Record Roads: Paved Rd, Private Rd
Easements: Water

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Links:
Google Maps * Supermarkets * Schools * Private Schools * Hospitals * Restaurants * Gyms * Shopping * Attractions * Beaches * Churches * Tax Info including a Plat Map PDF and GIS Parcel Map and Building Sketch
Commuting:
Waikiki * Downtown * Ala Moana * Airport * Kapolei * Hawaii Kai * Kailua Town * Windward Mall * Waikele * North Shore
Barbers Point * Camp Smith * Fort Shafter * Hickam * Lualualei * K-Bay Marine * Pearl Harbor * Schofield * Tripler * Wheeler * VA Mortgage Info
Closing Cost Calculators:
Buyer's Closing Cost Calculator to estimate the buyer's closing cost.
Seller's Closing Cost Calculator to estimate the seller's closing cost.

Listing courtesy of Hawaii Homes International Ralph S Gray (808) 295-0704

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Property History from MLS

Date MLS# Change Old Value New Value List Price Sold Price Assessed Total Land Building
03-04-2024 202404105 Price Decrease $7,500,000 $7,350,000 $7,350,000 $0 $5,804,800 $4,313,500 $1,491,300
02-23-2024 202404105 New Listing $7,500,000 Active $7,350,000 $0 $5,804,800 $4,313,500 $1,491,300
02-23-2024 202404105 $7,500,000 $7,500,000 $7,350,000 $0 $5,804,800 $4,313,500 $1,491,300
02-11-2024 202302476 Expired Active Expired $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
01-22-2024 202302476 Back On Market Active Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
01-04-2024 202302476 Hold Active Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
09-06-2023 202302476 Back On Market Active Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
08-21-2023 202302476 Hold Active Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
08-14-2023 202302476 Back On Market Active Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
08-13-2023 202302476 Hold Active Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
07-22-2023 202302476 Price Decrease $7,800,000 $7,500,000 $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
05-11-2023 202302476 Back On Market $7,800,000 Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
05-10-2023 202302476 Hold Active Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
05-08-2023 202302476 Back On Market Active Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
05-08-2023 202302476 Hold Active Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
03-26-2023 202302476 Price Decrease $9,895,000 $7,800,000 $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
02-15-2023 202302476 New Listing $9,895,000 Active $7,500,000 $0 $6,546,100 $4,085,400 $2,460,700
02-11-2023 202207617 Cancelled $9,895,000 Cancelled $8,999,000 $0 $6,546,100 $4,085,400 $2,460,700
10-28-2022 202207617 Temporarily Withdrawn Active Cancelled $8,999,000 $0 $6,546,100 $4,085,400 $2,460,700
05-16-2022 202207617 New Listing Active Active $8,999,000 $0 $6,546,100 $4,085,400 $2,460,700
08-16-2021 202117888 Sold In Escrow Showing Sold $5,500,000 $5,500,000 $5,073,500 $3,173,200 $1,900,300
07-02-2021 202117888 In Escrow Showing Active In Escrow Showing $5,500,000 $5,500,000 $5,073,500 $3,173,200 $1,900,300
07-02-2021 202117888 New Listing Active Active $5,500,000 $5,500,000 $5,073,500 $3,173,200 $1,900,300
08-25-2020 202015514 Withdrawn Active Cancelled $5,500,000 $0 $5,322,900 $3,371,500 $1,951,400
07-05-2020 202015514 New Listing Active Active $5,500,000 $0 $5,322,900 $3,371,500 $1,951,400
07-04-2020 202001000 Expired Active Expired $5,500,000 $0 $5,322,900 $3,371,500 $1,951,400
01-14-2020 202001000 New Listing Active Active $5,500,000 $0 $5,322,900 $3,371,500 $1,951,400
01-14-2020 202001000 Active $5,500,000 $5,500,000 $0 $5,322,900 $3,371,500 $1,951,400
01-01-2020 201926452 Expired Active Expired $5,500,000 $0 $5,155,400 $3,331,800 $1,823,600
09-17-2019 201926452 New Listing Active Active $5,500,000 $0 $5,155,400 $3,331,800 $1,823,600
08-31-2019 201908374 Expired Active Expired $5,500,000 $0 $5,049,700 $3,460,700 $1,589,000
06-12-2019 201908374 Price Decrease $5,995,000 $5,500,000 $5,500,000 $0 $5,049,700 $3,460,700 $1,589,000
03-27-2019 201908374 New Listing $5,995,000 Active $5,500,000 $0 $5,049,700 $3,460,700 $1,589,000
03-01-2019 201822357 Expired Active Expired $6,380,000 $0 $5,049,700 $3,460,700 $1,589,000
08-30-2018 201822357 Price Decrease $6,388,000 $6,380,000 $6,380,000 $0 $5,049,700 $3,460,700 $1,589,000
08-30-2018 201822357 New Listing $6,388,000 Active $6,380,000 $0 $5,049,700 $3,460,700 $1,589,000
08-02-2018 201802032 Expired Active Expired $6,999,000 $0 $5,464,100 $3,520,200 $1,943,900
02-01-2018 201802032 New Listing Active Active $6,999,000 $0 $5,464,100 $3,520,200 $1,943,900
07-30-2013 1209111 Withdrawn Active Cancelled $6,500,000 $0 $4,020,900 $2,686,400 $1,334,500
08-13-2012 1209111 New Listing Active Active $6,500,000 $0 $4,020,900 $2,686,400 $1,334,500
08-11-2012 1109885 Expired Active Expired $6,750,000 $0 $4,207,000 $2,624,400 $1,582,600
08-11-2011 1109885 New Listing Active Active $6,750,000 $0 $4,207,000 $2,624,400 $1,582,600
06-29-2011 1007536 Withdrawn Active Cancelled $6,500,000 $0 $4,265,900 $2,955,000 $1,310,900
02-22-2011 1007536 Price Decrease $6,995,000 $6,500,000 $6,500,000 $0 $4,265,900 $2,955,000 $1,310,900
07-14-2010 1007536 Price Decrease $7,500,000 $6,995,000 $6,500,000 $0 $4,265,900 $2,955,000 $1,310,900
06-09-2010 1007536 New Listing $7,500,000 Active $6,500,000 $0 $4,265,900 $2,955,000 $1,310,900
05-09-2010 2906392 Expired Active Expired $7,500,000 $0 $4,775,300 $2,955,000 $1,820,300
05-08-2009 2906392 New Listing Active Active $7,500,000 $0 $4,775,300 $2,955,000 $1,820,300
04-16-2009 2818790 Expired Active Expired $8,995,000 $0 $4,775,300 $2,955,000 $1,820,300
02-09-2009 2818790 Price Decrease $9,000,000 $8,995,000 $8,995,000 $0 $4,775,300 $2,955,000 $1,820,300
12-01-2008 2818790 New Listing $9,000,000 Active $8,995,000 $0 $4,775,300 $2,955,000 $1,820,300
05-18-1998 9802974 Sold Active Sold $2,400,000 $2,200,000 $1,239,200 $785,200 $454,000
05-18-1998 9802974 Price Increase $785,200 $2,200,000 $2,400,000 $2,200,000 $1,239,200 $785,200 $454,000

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Save $76,178.14 of interest charges by adding an extra payment of $100 per month. View details from the link above.

Rate:
5.85% 6.10% 6.35% 6.60% 6.85% 7.10% 7.35% 7.60% 8.10%
0% Down
$43,361$44,541$45,734$46,941$48,162$49,394$50,639$51,896$54,445
3.5% Down
$41,843$42,982$44,134$45,298$46,476$47,666$48,867$50,080$52,539
10% Down
$39,025$40,087$41,161$42,247$43,345$44,455$45,576$46,707$49,000
20% Down
$34,689$35,632$36,587$37,553$38,529$39,515$40,512$41,517$43,556
30% Down
$30,352$31,178$32,014$32,859$33,713$34,576$35,448$36,328$38,111
40% Down
$26,016$26,724$27,441$28,165$28,897$29,637$30,384$31,138$32,667
50% Down
$21,680$22,270$22,867$23,471$24,081$24,697$25,320$25,948$27,222

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Active means currently for sale. Active Under Contract means in escrow but still showing and looking for offers. Pending means in escrow and not looking for offers. Hold means the property is temporarily off the market. Cancelled means it is off the market.

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