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Maui Kai on North Kaanapali Beach — Every unit direct ocean front

June 16, 2011
BY ELIZABETH R. QUAYLE
KAANAPALI — This fantastic slice of Paradise features 80 units in a direct ocean front resort.

There are one-bedroom and studio apartments in this pristine location. The prices are about 60 cents to the dollar compared to the spectacular neighboring properties at The Mahana and Honua Kai Resort. It’s officially 1998 again, and opportunities abound in this buyers’ market!!

This rare gem is zoned as a “condo-tel,” and thus, 99 percent of the owners use them as vacation rentals.

Mere words don’t suffice in describing the breathtaking views and location. There is no property in West Maui that is closer to the water.

The Maui Kai has a lovely pool and spa, barbecue and a fully furnished kitchen/game room for your parties and family fun.

This was the second condominium built in North Kaanapali Beach. It was completed in 1970 and is maintained extremely well by a competent board and AOAO.

There is a pending assessment for the elevators. This should run around $380,000, which translates to less than $5,000 per unit.

There are currently 2 one-bedroom units and one studio on the market. Unit 304 and 904 are the one-bedrooms, and 503 is the studio.

304 needs TLC and updating, and it’s listed at $449,500 (FS). Unit 904 is listed at $495,000 (FS). It is turnkey and ready to rent. Want to steal a unit? The studio unit, 503, is listed at $359,000 (FS).

I have been marketing this fine property for over 22 years, and it has been a favorite to all who have taken the opportunity to purchase in this fine resort.

ANY QUESTIONS??? Call me for information on any fine Maui properties!!

Article Photos

Walk the beach next to your home on Maui!

 
 
 

 

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