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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. Please pre-qualify your Buyers before scheduling showings. Appraisal is in Associated Documents.
Napili, Kahana & Honokowai sit on the 5 miles of coastline between Kapalua and Kaanapali. Although not master planned, these are resort communities, based around the tourism economy. The Pacific scenery and the cooler temperatures make this area of Maui an attractive destination.
There are beachfront homes in these areas, but only 15% of all the residential properties here are single family homes. The remaining 85% are condos.
Single-Family Home Subdivisions
Napili Subdivisions
Hale Malia - Built 1976. 6 oceanfront lots of 10K - 14K Sq Ft with 3 - 5BR, 1 & 2-story homes. Gated
The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on December 10, 2025.Information is deemed reliable but not guaranteed.
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. Please pre-qualify your Buyers before scheduling showings. Appraisal is in Associated Documents.
The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on December 10, 2025.Information is deemed reliable but not guaranteed.
Napili, Kahana & Honokowai sit on the 5 miles of coastline between Kapalua and Kaanapali. Although not master planned, these are resort communities, based around the tourism economy. The Pacific scenery and the cooler temperatures make this area of Maui an attractive destination.
There are beachfront homes in these areas, but only 15% of all the residential properties here are single family homes. The remaining 85% are condos.
Single-Family Home Subdivisions
Napili Subdivisions
Hale Malia - Built 1976. 6 oceanfront lots of 10K - 14K Sq Ft with 3 - 5BR, 1 & 2-story homes. Gated
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
