221 E IKEA KAI Pl, Wailea, HI 96753 - Maui County

THE 2ND LOWEST PRICE HOUSE PSF IN ALL WAILEA. THE BIGGEST HOUSE FOR THE LOWEST PRICE IN ALL WAILEA. VACANT FOR OVER ONE YEAR. ILLNESS FORCES SALE. THE PHOTOS ARE TEMPORARY AND do not properly represent the grandeur of this house. Some improvements and repairs to the home will be done during escrow. SEE IT ON SHORT NOTICE AND MAKE YOUR OFFER NOW. A once in a generation opportunity to take advantage of an unfortunate health situation. The house is owned free and clear and there is NO financial distress. The house requires some repairs. There was a roof leak (???) which caused some small damage to the ceiling above the staircase. Since the Monier concrete tile is no longer made the roofing company says the insurance company must replace the entire roof. The claim has been filed and in the works. House is being sold AS IS. The interior square footage according to the recent appraisal is 3,191. This is a very dramatic home architecturally on the interior and handsome on the exterior. Sculpted art deco ceilings, French doors, two story staircase to the upper level with lots of glass. Large family room with wet bar, bamboo floors, opening onto a covered lanai through French doors with beautiful sweeping ocean and Ulupalakua views. There is a 2nd primary suite with ocean views. All the bedrooms are quite large. The professional grade kitchen is stunning you would find in a fine dining restaurant. Two Viking four gas burner stoves with grill, griddle, granite back splash and designer hood. Huge double door Viking fridge and storage fridge in butlers prep area. The large center island is a gathering spot for entertaining. Viking wine cellar, food warmer, trash compactor (all Viking) Bosch dishwasher,(one has been removed) et al. This house is perfect for a large family. Sky lights. THERE IS NO BETTER VALUE IN ALL OF WAILEA and Kialoa is a fabulous subdivision. Look at the sold comps in Wailea Kialoa and come running with your offer. The house next door which is smaller sold for $4,000,000 12/20/2024. I apologize for the lack of professional photos. I sold this house brand new to the current owner in 1995. It needs new blood and new energy to bring it back to its renovated glory. The non professional photos still reflect the quality and high end design elements of this home and only reflect a bare minimum of the 8 rooms and 4 baths. SOLD IN KIALOA: 171 W. Ikea Kai-3,117 SF-$3,725,000 10/27/2023 195 E. Ikea Kai-2,851 SF-$4,000,000. 12/20/2024 173 Heleuma Pl. 3,562 SF-$4,075,000 1/22/2024 210 Heleuma Pl. 3,356 SF-$4,350,000 2/8/2024 207 Heleuma Pl. 4,035 SF-$4,700,000 3/11/2024 182 Heleuma Pl. 3,880 SF- $5,700,000 1/10/2023 182 Heleuma Pl. 3,880 SF- $6,295,000 4/12/2024 195 Heleuma Pl. 3,718 SF-$6,350,000 4/21/2023 + $400K furnishings 195 Heleuma Pl. 3,818 SF-$6,395,000 4/18/2024 +$400k furnishings IN ESCROW 187 Heleuma Place 2,986 SF-$4,200,000

Copyright © 2025 Realtors ® Association of Maui, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.