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Paki Maui #424: Ocean views from the doorstep

By Staff | Dec 5, 2013

The minute you enter Unit 424 at Paki Maui, you'll be amazed by the incredible ocean views.

HONOKOWAI – Paki Maui is a direct oceanfront 108-unit condominium community spread across three 4-level buildings. This development is located next to Honokowai Park in walking distance to the farmers’ market, local stores and restaurants.

Paki Maui is widely known for its beautiful inner court featuring a waterfall and other water features and many Hawaiian plants and flowers.

The minute you walk into unit 424, you will be amazed by the beautiful ocean views. This is a large two-bedroom/two-bath unit of approximately 1,082 square feet, with large lanai areas from the living room and the master bedroom. Nothing can equal having a master bedroom with a great ocean view, letting you wake up to the sound of the waves. Listed at $689,000, this unit comes fully furnished, ready to move in or continue with the onsite rental program managed by Classic Resorts.

The market for two-bedroom units that are in an oceanfront development in West Maui, where short-term rentals are allowed and that have ocean views, is quite polarized. The entry level price is $450,000 (for a ground floor unit at Valley Isle Resort), and there are only 12 listings under $689,000. There are no listings at all priced between $689,000 and $879,000. There are 14 listings priced between $879,000 (for a direct oceanfront, 1,525-square-foot unit on the eighth floor at Sands of Kahana) and $1,999,999 (for an oceanfront, remodeled unit at the Bay Villas).

For more information on any of these units, please call Mihaela Stoops, Realtor Broker with Maui Estates International, at (808) 357-4000, or visit her website at www.westmauihome.com.