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$ 699,000
Est. payment /mo
Price Dropped by $36K
4435 Lower Honoapiilani Rd #204 Lahaina, HI 96761
1 Bed
1 Bath
570 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 570 sqft
Price per Sqft $1,226
Subdivision Pohailani Maui
MLS Listing ID 409057
Bedrooms 1
HOA Fees $1,810/mo
HOA Y/N Yes
Lot Size 8.050 Acres
Acres 8.05
Property Sub-Type Condominium
Property Description
OCEANFRONT. HOTEL-ZONED. INCOME-PRODUCING. BELOW ASSESSED VALUE. This is the Maui opportunity you've been waiting for. Wake up to the Pacific Ocean, legendary Maui sunsets, and unobstructed views of the neighboring islands from this fee-simple, one-bedroom oceanfront condo at Pohailani Maui in Kahana. Positioned directly above the shoreline, this west-facing residence captures spectacular ocean views and refreshing tradewinds from the private lanai and the views don't stop there. From nearly every room, including the bed, you can take in the beauty of Maui's coastline. Even better? This property is hotel-zoned, allowing for short-term vacation rentals a rare and highly desirable feature for Maui real estate. Currently occupied by a FEMA long-term tenant generating $8,800 per month, it offers immediate rental income while providing the flexibility to transition to vacation use in the future, subject to applicable rules and approvals. Inside, the condo is bright, comfortable, and thoughtfully upgraded with cool tile flooring, a remodeled kitchen with abundant cabinetry and counter space, recessed and under-cabinet lighting, and an in-unit stacked washer and dryer. Appliances have been replaced within the past two years, and split-system AC units in both the living room and bedroom provide added comfort. Outside your door, enjoy resort-style amenities including two swimming pools and tennis courts, with shopping, dining, beaches, and outdoor adventures just minutes away. And then there's the value: offered below the County Assessed Value, this is an opportunity to own a true piece of oceanfront Maui in one of West Maui's most sought-after locations. Oceanfront living. Hotel-zoned flexibility. $8,800/month in current rental income. Fee-simple ownership. Priced below assessed value. Opportunities like this don't come along often. Come see why Pohailani Maui could be your next investment or your own slice of paradise.
Location
State HI
County Us
Area Napili/Kahana/Honokowai
Building/Complex Name Pohailani Maui
Exterior
Pool In Ground
Waterfront Description None
View Y/N Yes
View Ocean
Garage No
Others
Pets Allowed Yes
Listed by Compass • Cell: 808-357-9774