Island Sotheby's International Realty Agents Sell Oceanfront Property For Record $24.6 Million

Posted by Staff Writer on Tuesday, April 27th, 2021 at 11:19am

Sitting atop Palauea Beach, the Makena 4-bedroom, the 5.5-bathroom property offers direct access to the white-sand shoreline.  

(Makena, Maui) – A recent transaction from Island Sotheby’s International Realty agents, Ryan MacLaughlin and Alex Cortez marked the largest sale on Maui in the last five years. 4508 Makena Road is one of the most exclusive offerings to ever come on the market. The property boasts brand new construction and serves as a quiet getaway on one of the most pristine beaches in Hawaii. 

“Since the moment we walked in, we knew this property was special. From its beachfront location on Palauea Bay to its unique hotel zoning to impeccable design and layout of the home, this home felt unique in its value proposition. Located in what was once a focal point to a Hawaiian village, it holds a special 'mana' and is difficult to describe without visiting,” stated Alex Cortez R(B), co-owner of Island Sotheby’s International Realty.

The property was on the market for some time, waiting for the right buyer to come along and appreciate its grandeur. Constructed with the utmost craftsmanship and using the finest materials curated from across the world, the property includes interior living space that seamlessly transitions to the spacious covered lanais in order to best partake in the Hawaiian lifestyle. This speaks to the timeless elegance the property holds, something the new owner appreciated as soon as he saw it. 

“It has been a long journey, having been on the market for over 2 years, but the new owner is someone who truly appreciates every unique facet of the property and will be immersed in the joy that is owning a magnificent beachfront home in Makena. It was the absolute perfect match between reasonable Buyer and Seller, anchored by an exceptional property,” stated Alex Cortez R(B). 

The Great Room has 20' cathedral ceilings, raw stacked coral on selected walls, and an open living floor plan. A chef's dream gourmet kitchen awaits, with high-end appliances (Sub-Zero, Wolf, Boesch) anchored by the elegant Caesarstone countertop and handmade sink. The master suite’s expansive adjoining lanai extends to the pool, while the second-floor master suite is a serene private retreat with a wide lanai encasing multi-island views. The iridescent tile pool and spa provide resort-level lounging, while Palauea Beach presents a plethora of water activities. 

The magical location is steeped with aloha as it was once the focal point of an ancient Hawaiian village and is now a nesting beach for the critically endangered Honu'ea (Hawksbill Turtle). The transaction was almost as profound as the truly breathtaking property itself. Our team is proud to have such wonderful agents and clients who continue to help us make Maui's dreams come true. 

“It has been a very humbling, learning experience to participate in the successful sale of one of the most iconic properties on Maui and we look forward to serving our future clients, having learned so much through this sale,” stated Alex Cortez R(B). 


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