$524,000

106 Kaanapali Shores Pl

Lahaina HI, 96761

Description

Immaculate refurbished 8th floor studio apartment will blow your socks off!!! The sellers of this fine property have taken great care in upgrading, and decorating this beautifully located, family- owned vacation home since 1988. Sitting on your lanais for your morning meal, reading the paper, enjoying the crystal -clear Pacific waters lapping up on the beach below, and enjoying the Sea Turtles, and Humpback whales during whale season are just a few of the most spectacular perks imaginable. This property tends to have owners who keep their vacation home at a rate more than double the average investment. You will have repeat clients just begging to stay and return year after year, in your beautiful Island Home. Some of the recent upgrades include new sliding doors, a new refrigerator, microwave, carpets, and closet doors. The kitchen is opened up, with lovely cabinetry, and solid counter tops. The bathroom has been renovated as well. Extra storage on the ground floor, as well as several cabinets with locks in the unit. These sellers have their unit placed in the Front Desk Management Rental Program, and enhance bookings themselves, which equals wonderful income potential. The 2018, and 2019 Income figures are attached, for information purposes. 2020 Income figures are very limited, due to COVID. 2021 Occupancy is booked very solid. The Maui Kai boasts that every single unit being direct ocean fronting. There are a total of 80 units, 39 Studios, 39 1 bedrooms, and one 2 bed room unit on the ground floor. The Pool clubhouse upper floor houses the Resident Managers Apartment. The clubhouse has a full renovated kitchen, game room, bathroom, and outside gas-BBQs with covered seating, along- side the heated pool and spa. Several major upgrades completed on site in the past three years, including a spalling project, painting the exterior of the building and pool area, new elevators, and the central air was replaced in December 2020, at no cost to the owners. There is no current assessment in place. Come home to the Maui Kai, and remember how the good old days felt here in North Kaanapali Beach!! This may arguably the most beautiful part of Hawaii. Showings only when available.

Details

MLS#391812
Listing TypeFor Sale
StyleCondominium
Building NameMaui Kai
Sub-TypeFee Simple
StatusPENDING - CONT. TO SHOW
Year1970
Days On Site11

Features

Bath(s)1
SQ Feet395
PoolYes
Acreage1.72
Golf CourseN
Water FrontYes
Property ViewOcean

Market Activity 96761

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Area Information
StateHI
CityLahaina
Zip Code96761
AreaMaui
SubareaKaanapali
Community NameKaanapali
Listing VS Median (in Kaanapali)
Price:
$524,000
low | high
Med:
$1,349,000
100% of Average
SqFt:
395
low | high
Med:
1,799
100% of Average
$ / SqFt:
$1,327
low | high
Med:
$750
93.474215955429% of Average
On Site:
11
low | high
Med:
26
42.307692307692% of Average
Sourced by Back At You
Listing Updated: June 17, 2021 8:53:33 AM PDT
Listing Provided By: Elizabeth Quayle of Coldwell Banker Island Prop-KP

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Realtors Association of Maui MLS.