$3,000,000

  • MLS® #: 383719
  • 265 Kenolio Rd
  • Kihei, Hawaii 96753

$3,000,000

  • MLS® #: 383719
  • 265 Kenolio Rd
  • Kihei, Hawaii 96753
0 Beds
0 Baths
0 Sqft
¾ Acres
Year Built
  • Overview 0.75 Acres
  • Listing Type Multi-Family
  • Office: Island Sotheby's Int'l Rlty(M)

RARE investment opportunity in Kihei—A block from the beach and Kenolio Recreational Complex! This ¾ acre property with 2 water meters includes 2 homes and a cottage generating approx. $17,000. per month. Main home has 5 BD/3BA and is currently used as a 4/2 home. The upstairs addition functions as a separate master suite with private bath & entry. Second home is a 5/5—with 4 bedrooms w en suite baths. The “penthouse” master suite includes full kitchen, steam shower and spiral staircase to rooftop viewing deck boasting panoramic ocean/mountain views with a private hot tub. Cottage is a 0/1 which includes additional outside half-bath and outdoor shower, convenient for beach days. Property features include: owned photovoltaic, split system a/c units in all homes, plenty of parking and separate driveways. A new utility pole with transformer was installed by Maui Electric for potential future development. Mature mango, lychee and starfruit trees are abundant and strategically planted for optimal privacy between the homes. This one-of-a-kind property has incredible rental potential, convenient location and tenants are already in place. Other uses could be a family compound or possible subdivision.

Essential Information

MLS® #383719
Price$3,000,000
Acres0.75
TypeMulti-Family
Sub-TypeMulti-Dwelling
Land TenureFee Simple
StatusActive

Community Information

Address265 Kenolio Rd
AreaKihei
CityKihei
StateHawaii
Zip Code96753

Amenities

ViewMountain/Ocean
WaterfrontNone

Utilities

County Water, County Water Meter Ins, Overhead Electricity, TV Cable, Telephone, Underground Electricity

Features

Lawn Sprinkler, Remodeled, Spa/Hot Tub, Storage, Wall/Fence

Exterior

Lot DescriptionLevel

Additional Information

Date ListedJuly 29th, 2019
Days on Market21
ZoningR-2 Residential, Urban
Description Land TenureFee Simple

Listing Details

OfficeIsland Sotheby's Int'l Rlty(M)

Kihei Statistics

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Listings provided courtesy of the REALTORS® Association of Maui.

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.

Listings provided courtesy of the REALTORS® Association of Maui.

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.