MORTGAGE AMOUNT $0
DOWN PAYMENT AMOUNT $185,185

MONTHLY MORTGAGE PAYMENT $0
ADDITIONAL MONTHLY CHARGES $0
TOTAL MONTHLY PAYMENT $0
CLOSE CALCULATOR
Days on Market: 45
Status: ACTIVE
MLS#: 408442
Bedrooms: 3
Bathrooms: 3
Living Area: 1550
Type: Condominium
Complex: Puamana
HOA Fees(monthly): $779
Minatoya List: Yes
Offer Price: $1,234,567
Address: 5 Puakukui Pl Unit 5-2, Lahaina, HI 96761
Unit#: 5-2
MLS#: 408442
Posting Date: 01-17-2026 12:00am
Last Update: 02-22-2026 3:11pm

LISTING PROVIDED BY

Mark A. Marchello RB-17408
808-283-5296
MarkOnMaui@gmail.com

Mark A Marchello Inc
808-661-3484
MarkOnMaui@gmail.com

PROPERTY DESCRIPTION

Nestled just a 30-second walk from the beach, surf breaks, and Puamana’s beautifully renovated oceanfront pool, this rare opportunity offers the chance to create a brand-new coastal retreat within Puamana, one of West Maui’s most cherished oceanfront communities. The property previously hosted a legal 3-bedroom, 3-bath vacation-rental townhome, and plans have been submitted to rebuild the residence with the same 3BD/3BA configuration—preserving its valuable legal short-term rental status. The Association anticipates County permit approvals shortly and has set a start date of May 15, 2026 with completion of all exterior building shells by May 15, 2027. Once the shell is completed by the Association, the buyer will complete the interior from the studs in, allowing full freedom to customize finishes, design details, and personal style. A local Puamana contractor estimates interior build-out costs at approximately $250–$300 per square foot, plus furnishings. The submitted plans feature an open-concept living and dining area, a ground-floor bedroom and bath, and two upstairs en-suite bedrooms—designed for comfort, privacy, and effortless island living. This corner-oriented location enjoys an ocean-view direction and close proximity to the community’s pools, beach access, and surf breaks, embodying the relaxed ocean lifestyle Puamana is known for. Puamana offers a rare blend of privacy and resort-style amenities, including two swimming pools (one oceanfront), tennis and pickleball courts, a children’s playground, three surf breaks, lush tropical gardens, and a seasonal golden sand beach. Residents enjoy a peaceful oceanfront setting away from large resort crowds, while remaining conveniently close to the world-class golf, dining, shopping, and resort amenities of Kaanapali and Kapalua. As Puamana thoughtfully rebuilds following the August 2023 fires, this offering represents a unique moment in time: the opportunity to secure a prime location, benefit from a brand-new exterior structure, and create a personalized interior vision within an established, iconic oceanfront community. An exceptional opportunity to invest in the next chapter of Puamana and build a future home that reflects the very best of Maui living. The seller may consider seller financing, providing an added layer of flexibility in today’s evolving market.

PRICE HISTORY

Date Days Ago Event Price

Last update: 3:11pm 2/22/2026

Disclaimer - This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.