3 Kapalua Place
Lahaina, HI, 96761, United States
Property ID: #171304 // RESIDENTIAL
- Address3 Kapalua Place
- CountryUnited States
- Property TypeResidential
- Additional TypesHome
- Full Baths7.00
- Square Feet6,331
A rare opportunity to own a stunning Island Contemporary architectural masterpiece by award-winning Hawaii architect, Jeffrey Long. Situated on 28,000 square feet of pristine beachfront land, this Hawaiian Retreat retains its individual allure and distinction yet captures the true new essence of the new island style.
The Great Room features 18 foot disappearing Sapele corner pocket doors which blur the division between indoor and outdoor living and provide a post card perfect frame for the breathtaking views of Molokai, breaching whales and Oneloa Bay shore breaks. This fully-furnished spacious 6 bedroom private retreat includes details like Euro-style Sapele glass doors imported from Italy, a freestanding granite tub hand-carved from a single block, Sapele Shaker cabinets and shutters, onyx and granite counters, a floating staircase, stacked Kapalua blue rock walls, and Ipe wood and travertine floors.
This is 1 of only 4 beachfront homes in Kapalua – Kissed by warm sunshine, soft Hawaiian tradewinds and the quiet of paradise, these indulgent comforts and sumptuous style make for an experience found nowhere else in the world.
The mesmerizing beauty of the Hawaiian Islands is a resplendent backdrop to the uninterrupted views and resort style living experience offered by this elite new residence, which can be considered as one of the ultimate luxury beachfront homes available in the world today.
Listing Provided by Keller Williams Realty Maui, Dean Otto
Property Buying Tips
So you’ve decided to buy! Congrats, that’s great!
Here are some great tips to get you on your way to ownership.
1. Determine Your Budget & Save
Take into account the average down-payment is 10%. 10% is not required, but the loan amount and approval will fluctuate depending on the percentage you put down. Determine how much you can pay for your monthly mortgage. Outline your expenses and be honest with yourself about what you can reasonably afford. Also, ask yourself what happens if you lose your job? Or if you’re part of a couple, what happens if your spouse loses their job?
2. Secure a Loan
Once you’ve got your budget in order, it’s time to go shopping for a loan. Visit multiple lenders to weigh your options and find the best deal. Each bank will determine if you are eligible and at what interest rate you will be charged. based on your financial situation. Make sure to ask questions such as what the breakdown of the monthly payments will be once you have made your down payment, how the loan term will affect your monthly payments, whether or not the interest rate is fixed or variable, if home insurance or any other services are included within the home purchase amount.
3. Be Prepared
Have a current Pre-qualification letter and good faith deposit funds available. Technology makes it easier than ever for your real estate agent to draft and transmit a purchase offer back and forth for your signatures. But, this is only one piece of the puzzle. You also need a current pre-qualification letter, and ready access to your good faith deposit. This can be obtained from the bank and confirms their willingness to give you a loan. Most sellers won’t accept a letter that’s more than three months old. If your home search lasts for more than three months, you’ll need an updated pre-qualification letter. When you submit your offer, it must include a check for the good faith deposit. Generally, good faith is at least 3% of the purchase price. This check will be deposited into an escrow account within three days of an accepted offer.
4. Stay Informed
Always make sure to do your homework and learn the history on a property you are interested in. Does the neighborhood have a high crime rate or a new highway/major road being constructed nearby that could be affecting the price? Is the heating, plumbing, roofing and window work in good condition? Those hidden problems can lead to major expenses in the future - post purchase. Ask your realtor for a property condition report and and see if the home comes pre-inspected. If not, we highly recommended to get and inspection before the purchase is complete. Being “in-the-know” and taking the extra steps can save you money and headaches in the long run.