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8515 Kula Hwy, Kula, HI, 96790

2beds
3baths
2,743sqft
$4,999,999
$1,823price/sqft
$32,264/moest. monthly cost
$1,290,560/yrincome needed

About This Home

Discreetly positioned off Kula Highway, the approach reveals very little. A winding drive. A narrowing road. Then, through the trees, a freshly painted 1933 guest cottage quietly appears, a subtle introduction to what lies ahead. A whisper of what came before. Keep driving. The landscape begins to unfold. And then you arrive. A refined modern architectural private retreat. Exposed beams. Oak floors. Walls of Andersen windows drawing the landscape inward from every direction. Once cattle ranch land, these twenty-two rolling acres of open pasture and mature eucalyptus and jacaranda have evolved into one of Maui’s most distinctive private estates. Deer move effortlessly through the golden afternoon light. Birdsong replaces background noise. The silence here feels restorative, the kind that settles into you. The former owner named it Pheasant Ridge for good reason. Originally built in 2001 and thoughtfully reimagined in 2019, the main home was designed for a deeply intentional way of living. The open-concept kitchen, dining, and living spaces flow together in one expansive, light-filled room anchored by a fireplace and framed entirely by the land beyond. The primary suite faces Haleakala. The guest suite offers its own en-suite bath and soaking tub worthy of a primary retreat. This is not beach Maui. The air is cooler. The light lingers longer. Life moves at its own pace. Evenings call for the warmth of a fireplace, and there will be evenings worthy of it. A Pilates studio occupies the garage. A separate she - shed is settled into the surrounding landscape. AG zoning and open pasture invite horses, livestock, or simply the freedom of open land returning to its natural purpose.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

7/10
Kula Elementary SchoolGrades PK-53.6 mi
5/10

Construction

Condition

  • Year built: 2001

Materials

  • Foundation: Slab,Pillar/Post/Pier
  • Roof: Aluminum/Steel

Notable Dates

  • Major remodel year: 2019

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3

Features

  • Bookcases,Ceiling Fan(s),Storage,Remodeled,Entry,Work Place
  • Window features: Blinds,Drapes
  • Fireplace: Yes

Interior Area

  • Total structure area: 3,995
  • Total interior livable area: 2,743 sqft

Master Bedroom

  • Level: Ground

Property

Details

  • Parcel number: 2220040050000
  • Zoning description: Agricultural

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Uncovered Lanai/Deck,Ohana Covered Lanai/Deck
  • Exterior features: Lawn Sprinkler
  • Fencing: Wall/Fence
  • Has view: Yes
  • View description: Mountain/Ocean
  • Has water view: Yes
  • Water view: Mountain/Ocean
  • Waterfront features: None
  • Topography of land: Irregular

Lot

  • Lot size: 22.24 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningRelatively High
  • Volcanic Activity
    Volcanic ActivityRelatively High
  • Wildfire
    WildfireRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Volcanic Activity
Wildfire
Earthquake

FEMA Declared Disasters Across Hawaii Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $25,282$303,384
Home Insurance *$934$11,208
Property Taxes $5,165$61,980
Electricity $883$10,599
Total$32,264$387,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,106,194/yr
40% on housing$967,920/yr
45% on housing$860,373/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.4%
-1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,823This listing

vs Other Active Listings

Avg $/sqft

ZIP 96790$690
Maui + Kalawao County$1,260

vs Homes Sold Last Month

Median $/sqft

ZIP 96790$838
Maui + Kalawao County$796

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$5,999,999
2019-07-08Sold$2,300,000
1998-10-30Sold$850,000

For Sale by Agent

AgentMino McLean RB-21623
BrokerageIsland Sotheby's International Realty(M)

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