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Key Facts

Type Single Family Residence
Levels Residential
Size 2538 sqft
Garage No
Taxes $3,300
Days Active 26
Lot Size 
Approx. Age 1985
Avg. Price Per Sqft $659
MLS® Number 406995

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Nestled in the vibrant heart of Honokowai within the Mahinahina neighborhood, lies a remarkable property that blends the tranquility of island living with the practical allure of income generation. This unique residence, featuring a main house and a detached cottage, offers four independent sources of income, making it a compelling choice for investors and multi-generational homeowners seeking both comfort and returns in one of Maui’s most sought-after locales. In this pocket of paradise, the property stands out not only for its residential appeal but also for its potential as a lucrative investment. Recently replaced were 2 sliding glass doors, main house hot water heater & washer, stairwell for upstairs and coin washer and dryer. PVL panels for lower electricity bills have been prepaid for the next 15 years, so no lease payments. This home and detached cottage in Mahinahina’s Honokowai neighborhood provide a unique opportunity to combine island living with solid investment returns. With four sources of income and prepaid solar panels, it stands as a testament to thoughtful ownership and future-oriented planning. The property’s strategic location, versatile layout, and commitment to sustainability make it not just a place to live, but a foundation for long-term prosperity. The Main house is configured as 3/2, 2/1, 1/1. The tenants have been here for many years. The home has been maintained, however needs some TLC. All leases end December 31, 2025.Show Description
MLS® Number406995
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1961
Exterior
GarageNo
Approx. Age1985
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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