Wai Wai Paa in Kihei
$1,495,000 Wai Wai Paa
- 4 BEDS
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- 4 BATHS
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- 2444 SQFT
Premier North Kihei Multi-Unit Investment Opportunity. Located in the highly desirable North Kihei corridor, this high-yield property at 52 Ohukai Rd offers a rare combination of immediate cash flow and prime beachside proximity. Just a three-minute walk from the golden sands of Mai Poina Beach Park, this 7,505 sq. ft. lot is zoned R2, supporting its current high-density configuration. The property is an investor’s dream, currently generating $7,300 in monthly rental income. With the owner currently residing in a one-bedroom, one-bathroom unit that adds $2,000 in rental potential, the total projected gross income reaches $9,300 per month. The infrastructure is purposefully designed for multi-unit success, featuring two electric meters and two dedicated laundry rooms to streamline utility management. The residence includes a spacious 4-bedroom main house with a built-in swimming pool and a private yard with mature fruit trees, as well as an Ohana with a full kitchen, all within a 3-minute walk to the beach. The home is strategically insulated and features large sliding doors, positioned to capture North Kihei’s consistent cross-breezes for year-round natural cooling. (Several photos have been virtually staged to provide spatial awareness.)
$1,395,000 NO CHANGE Wai Wai Paa
- 3 BEDS
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- 2 BATHS
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- 1152 SQFT
Welcome to your dream Kihei beach house! Currently the only South Maui listing with a detached ohana and pool under $2.85m! Completely updated in the past 5 years, 55 Kalola Pl blends modern amenities with classic Hawaiian charm. A private oasis of tropical landscaping and seamless indoor/outdoor living. High beam ceilings and sliding glass doors flood this 3 bed, 2 bath single-level home with natural light and excellent airflow. The bright, modern kitchen features navy blue hardwood cabinetry, quartz countertops, and stainless steel appliances. The primary bedroom has a spacious en-suite bathroom with laundry, built-in closet area, split AC, plus bonus space with separate entrance - perfect for a home office, yoga, or art space. Thoughtfully designed with multiple areas to entertain and relax - an inviting pool, bar, lawn, and outdoor shower are situated to the side of the main home; a spacious patio and shady yard to the front. Enjoy bananas, limes, dragonfruit, papaya, lilikoi, and avocado picked right from your backyard. Nestled on a quiet cul-de-sac, this fully-fenced property is just over a block from the ocean and one of the longest stretches of sandy beach on Maui. The legal studio ohana with private entrance offers versatility and potential rental income. Space for 3 vehicles in driveway plus ample off-street parking. Don't miss this rare and timeless Hawaii property.
Listing on 07/05/2023
Close on 12/28/2023
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