Hawaii Living

Kalama Terrace #L202 (Kihei)

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Photo 1 of 35 Walaka St #L202, Kihei
Photo 2 of 35 Walaka St #L202, Kihei
Photo 3 of 35 Walaka St #L202, Kihei

35 Walaka St #L202, Kihei

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Description
Lowest priced fee simple vacation rental property in South Maui at time of listing! Desirable and convenient central Kihei location only a short stroll to the “cove” one of the few consistent surf breaks in South Maui and close proximity to multiple golden sand beaches and shopping/dining options. After a day of adventuring, relax by the pool and barbecue up some fresh locally sourced fare. Kalama Terrace L-202 is a turn-key, vacation rentable condo that is ready and outfitted with everything you need to immediately start accepting bookings and rental revenue, or come for the winter and enjoy with nothing more than beach attire and thirst for a tropical libation. Rarely included is electric in the maintenance fee as well as water, sewer, gas and trash. This complex is also uniquely equipped with GAS stoves for those that appreciate the “sear”. Request your private showing today. This will not last long.
Past Activity
  • Feb 10, 2022 Sold for $495,000
  • Dec 26, 2021 Under Contract
  • Dec 11, 2021 Listed at $495,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.56
  • Price / ft²: $963
  • Zoning: A-2
  • View: Other
  • Security Features: Smoke Detector(s)
  • TMK: 2390160270010
  • Courtesy: Coldwell Banker Island Prop-Ku / 808-280-0075
  • MLS: 393997
About Kalama Terrace
  • Address: 35 Walaka St, Kihei, HI 96753.
     
  • Built: 1972, 61 Units, 1-2 Bedrooms, 2 Buildings, 3-Story Buildings, 1.5 Acres.
     
  • Amenities: Pool, Clubhouse, BBQs.
     
  • Short-term Vacation Renting: Allowed.

Kalama Terrace is a well-maintained condominium complex located in the heart of Kihei. Many units at the charming property boast stunning ocean views. Residents and guests at Kalama Terrace get their choice of Maui’s beautiful beaches as it’s within minutes of Cove Beach, Charley Young Beach and Kamaole Beach Park I. Stores and restau



  ... Read more
The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on February 08, 2026.Information is deemed reliable but not guaranteed.
Other Kalama Terrace Listings
$487,000
Kalama Terrace #L210
2 Bds | 1 Ba
685 ft²
$549,000
Kalama Terrace #L306
1 Bd | 1 Ba
535 ft²
$599,990
Kalama Terrace #P310
2 Bds | 1 Ba
685 ft²
$320,000
Kalama Terrace #L-204
1 Bd | 1 Ba
535 ft²
Other Kihei Condos
$499,000
Keonekai Villages #14-102
2 Bds | 1 Ba
625 ft²
$489,000
Southpointe At Waiakoa #1-203
2 Bds | 1 Ba
650 ft²
$484,900
Kihei Bay Vista #C103
1 Bd | 1 Ba
639 ft²
$475,000
Kihei Villages #3202
2 Bds | 1.5 Ba
750 ft²
$525,000
Koa Kai #2B
1 Bd | 1 Ba
665 ft²
$525,000
Maui Vista #3315
1 Bd | 1 Ba
588 ft²
  • Sold 2/10/22 at $495,000
    (List Price: $495,000)
Description
Lowest priced fee simple vacation rental property in South Maui at time of listing! Desirable and convenient central Kihei location only a short stroll to the “cove” one of the few consistent surf breaks in South Maui and close proximity to multiple golden sand beaches and shopping/dining options. After a day of adventuring, relax by the pool and barbecue up some fresh locally sourced fare. Kalama Terrace L-202 is a turn-key, vacation rentable condo that is ready and outfitted with everything you need to immediately start accepting bookings and rental revenue, or come for the winter and enjoy with nothing more than beach attire and thirst for a tropical libation. Rarely included is electric in the maintenance fee as well as water, sewer, gas and trash. This complex is also uniquely equipped with GAS stoves for those that appreciate the “sear”. Request your private showing today. This will not last long.
    The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on February 08, 2026.Information is deemed reliable but not guaranteed.
    • Feb 10, 2022 Sold for $495,000
    • Dec 26, 2021 Under Contract
    • Dec 11, 2021 Listed at $495,000
    • Address: 35 Walaka St, Kihei, HI 96753.
       
    • Built: 1972, 61 Units, 1-2 Bedrooms, 2 Buildings, 3-Story Buildings, 1.5 Acres.
       
    • Amenities: Pool, Clubhouse, BBQs.
       
    • Short-term Vacation Renting: Allowed.

    Kalama Terrace is a well-maintained condominium complex located in the heart of Kihei. Many units at the charming property boast stunning ocean views. Residents and guests at Kalama Terrace get their choice of Maui’s beautiful beaches as it’s within minutes of Cove Beach, Charley Young Beach and Kamaole Beach Park I. Stores and restau



      ... Read more
    Other Kalama Terrace Listings
    $487,000
    Kalama Terrace #L210
    2 Bds | 1 Ba
    685 ft²
    $549,000
    Kalama Terrace #L306
    1 Bd | 1 Ba
    535 ft²
    $599,990
    Kalama Terrace #P310
    2 Bds | 1 Ba
    685 ft²
    $320,000
    Kalama Terrace #L-204
    1 Bd | 1 Ba
    535 ft²
     
    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.