120 Punakea Loop is a 15.4-acre estate situated in an elevated position in desirable Launiupoko. The main 5,142 sq. ft. home has 6 bedrooms and 6.5 bathrooms, and a 1,168 sq. ft. barn comes with a wet bar, full bath, beautifully tiled floors, and a single car bay. This landmark property affords fabulous incredible ocean and outer-island views and a landscaped park-like tropical setting. One approaches the home via a 600 ft. drive driveway adorned with fountains and tropical foliage. A porte-cochère provides an elegant, shaded space from which to enter the main home, where one finds a living room with a wet bar, a kitchen, and 3 bedrooms. A spacious covered lanai runs along the ocean side of the living room, allowing you to take in the beautiful outer-island views and enjoy dining day or night, rain or shine. The master bedroom has an en-suite bathroom and a large, covered lanai, which also boasts stunning ocean views. The 2 additional bedrooms on the main floor also have en-suite bathrooms. Downstairs, the yard-level floor has dining and living areas with wet bars and 3 additional bedrooms. Bedrooms 4, 5, and 6 feature direct lanai access; bedroom 5 has an en-suite bathroom. The floor layout is designed so that bedroom 6 and one of the living room/wet-bar areas can be closed off and effectively act as a guest unit. Outside on the grounds, you are met with an expanse of green lawns, towering swaying palms, and stunning views. To your right is the striking pool and jacuzzi, with an incredible 75 ft., 5-tier, calming waterfall which cascades down into the pool. Sunsets from the pool, yard and home are spectacular. Twelve acres are fully fenced, and the estate includes a 3-car garage with an approximately 500 sq. ft. bonus room. This unique, expansive estate is minutes from restaurants and shopping in Ka'anapali, and champion Golf courses in Kapalua. (Barn and bonus-room footage not included in main living sq. ft.) This is a CPR property.