An oceanfront estate on Maui, comprised of two adjacent residences sitting on two parcels that total a little more than 1.2 acres, has hit the market with a $45 million asking price.
Located at 4640 and 4650 Makena Road in Kīhei, the estate has eight bedrooms, 7.5 baths and spans just over 7,500 square feet, according to the listing. Information provided to Aloha State Daily noted that the properties are offered fully furnished with central air conditioning, a security system and attached multi-car garages. There also are "expansive" ocean-facing lāna‘is, tropical landscaping, an in-ground heated pool and indoor-outdoor living spaces.
The property is located minutes from Wailea and sits about 40 feet above a white-sand beach, the listing notes, adding that a gated path leads to a secluded stretch of sand known as "Secret Beach."
A gated footpath leads to a secluded stretch of sand known as “Secret Beach.” (Andrew Barrera – Salty Trades Media LLC) 
The pool. (Andrew Barrera – Salty Trades Media LLC) 
Two adjacent oceanfront residences span more than 7,500 square feet of living space. (Andrew Barrera – Salty Trades Media LLC) 
The home is offered fully furnished. (Andrew Barrera – Salty Trades Media LLC) 
The property sits about 40 feet above a white-sand beach. (Andrew Barrera – Salty Trades Media LLC) 
A bedroom. (Andrew Barrera – Salty Trades Media LLC) 
The home is located near Wailea. (Andrew Barrera – Salty Trades Media LLC) 
The oceanfront estate sits on a little more than 1.2 acres. (Andrew Barrera – Salty Trades Media LLC) 
An interior shot of one of the homes. (Andrew Barrera – Salty Trades Media LLC) 
A dining area. (Andrew Barrera – Salty Trades Media LLC) 
A bedroom. (Andrew Barrera – Salty Trades Media LLC) 
An interior view of one of the residences. (Andrew Barrera – Salty Trades Media LLC)
"Opportunities of this magnitude — two contiguous oceanfront parcels with elevation, privacy and direct beach access — are extraordinarily limited," the listing states. "Offered together, this is a chance to secure a one-of-one compound in a supply-constrained market where replacement is simply not possible."
The property is listed by Hawai‘i Life's Dave Richardson, who told Aloha State Daily in an emailed response to questions that "very rarely" does a listing listing like this hit the market.
"In my 45 years of real estate along the South Maui coastline, I have not encountered another listing as unique as this one," he says. "The two contiguous oceanfront lots, which front perhaps the best white sand beach in all of Maui, offer stunning views. The fully usable lots ensure security among the lush tropical grounds, making this property exceptional. Replicating this setting today would be extraordinarily difficult given the scarcity of comparable land and increasingly complex state and county regulations surrounding new oceanfront construction."
But what makes the property unique is the history and evolution of the estate, Richardson told ASD.
"The original home was built in 1990 by San Francisco venture capitalist Pierre Lamond, who used exceptional materials for its time, including black glazed roof tiles, copper downspouts integrated into the walls, cedar eaves and stucco walls with extensive glass windows and doors to capture the ocean views," he says. "In 2000, Lamond purchased the neighboring property for $10 [million] and thoughtfully remodeled it to complement his original home, using the same materials and creating what is now a cohesive estate."
Lamond and his wife sold the property for $42 million in 2021, according to a report at that time from Mansion Global.
Today, Richardson said the two properties encompass 1.26 acres and 200 linear feet of ocean frontage, with both lots elevated about 35 feet above the beach.
"The estate combines privacy, security, mature tropical landscaping, direct beach access and extraordinary views," he says. "It is the combination of these elements, particularly the two contiguous oceanfront lots and their elevation above the coastline, that makes the property impossible to replicate."
Richardson says it's hard to choose a single favorite feature of the property, but the lāna‘i on the second residence is a fave.
"It wraps around the whole front of the home and cantilevers over the lava rock cliff; the views are stunning, and you would not be able to replicate its location due to today’s setback laws," he told ASD.
According to Richardson, views from the upper-level primary suite of the original home stretch from Makena to Lahaina, and the elevation gives you "a soaring perspective over the coastline."
"I also love the sense of arrival and discovery throughout the property," he says. "Behind the gated entry, you have beautifully maintained, tropical grounds, two residences that share a cohesive architectural language and a 640-square-foot pool. Every time I enter the property, there is still a sense of wonder because of how much it offers while remaining remarkably private."
Stephanie Salmons can be reached at stephanie@alohastatedaily.com.
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