Hawaii Living

Kalama Terrace #P-202 (Kihei)

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Photo 1 of 35 Walaka St #P-202, Kihei
Photo 2 of 35 Walaka St #P-202, Kihei
Photo 3 of 35 Walaka St #P-202, Kihei

35 Walaka St #P-202, Kihei

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Description
Unit P-202 is a thriving Maui business with a uniquely modern design! Kalama Terrace P-202 grossed approximately $52,000 for 2018 (not including taxes). Featured on HGTV! Compare unit comps only to other HIGHLY VALUABLE complexes with a short term vacation rentable permit in place. Ceiling to floor remodel completed in 2016! New kitchen welcomes a creative chef with a classy white Italian themed tile wall, open shelving, new cabinetry, and all new appliances were installed. Custom acid stained concrete flooring adds to the dramatic feel of your private oasis. Freshly painted and furnished to set the vacation mood of enjoyment and leisure, this unit is unique! This golden investment opportunity awaits you, make the call to action. Two years documented profitability available upon request. P-202 comes turnkey, furnished, and has private AC. Current Property Management would love to stay aboard; per owner a high standard of excellence is provided for fair exchange. Amenities include a refreshing pool, BBQ and private parking stall. HOA includes electric, gas, trash, common area maintenance. Walk across the street and enjoy sun, surf, swim, paddle, snorkel, and breathtaking sunsets with sandy toes right from the Cove! Life is good... View the Matterport 3D Tour! Call your favorite HI agent and see you soon!
Past Activity
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.93
  • Price / ft²: $730
  • Zoning: A-1
  • View: Mountain(s)
  • Security Features: Smoke Detector(s)
  • TMK: 2390160270041
  • Courtesy: Corcoran Pacific Properties - L / 808-989-4468
  • MLS: 381094
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 January 27, 2026.Information is deemed reliable but not guaranteed.
Other Kalama Terrace Listings
$487,000
Kalama Terrace #L210
2 Bds | 1 Ba
685 ft²
$320,000
Kalama Terrace #L-204
1 Bd | 1 Ba
535 ft²
$599,990
Kalama Terrace #P310
2 Bds | 1 Ba
685 ft²
Other Kihei Condos
$399,000
85 Walaka Street #6
1 Bd | 1 Ba
443 ft²
$464,000
Kihei Kai #4
1 Bd | 1 Ba
526 ft²
$475,000
Kihei Villages #3202
2 Bds | 1.5 Ba
750 ft²
$489,000
Southpointe At Waiakoa #1-203
2 Bds | 1 Ba
650 ft²
$519,000
The Villas At Kenolio #10F
2 Bds | 2 Ba
779 ft²
$525,000
Koa Kai #2B
1 Bd | 1 Ba
665 ft²
  • Sold 7/17/19 at $375,000
    (List Price: $430,000)
Description
Unit P-202 is a thriving Maui business with a uniquely modern design! Kalama Terrace P-202 grossed approximately $52,000 for 2018 (not including taxes). Featured on HGTV! Compare unit comps only to other HIGHLY VALUABLE complexes with a short term vacation rentable permit in place. Ceiling to floor remodel completed in 2016! New kitchen welcomes a creative chef with a classy white Italian themed tile wall, open shelving, new cabinetry, and all new appliances were installed. Custom acid stained concrete flooring adds to the dramatic feel of your private oasis. Freshly painted and furnished to set the vacation mood of enjoyment and leisure, this unit is unique! This golden investment opportunity awaits you, make the call to action. Two years documented profitability available upon request. P-202 comes turnkey, furnished, and has private AC. Current Property Management would love to stay aboard; per owner a high standard of excellence is provided for fair exchange. Amenities include a refreshing pool, BBQ and private parking stall. HOA includes electric, gas, trash, common area maintenance. Walk across the street and enjoy sun, surf, swim, paddle, snorkel, and breathtaking sunsets with sandy toes right from the Cove! Life is good... View the Matterport 3D Tour! Call your favorite HI agent and see you soon!
    The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on January 27, 2026.Information is deemed reliable but not guaranteed.
    • 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
    $320,000
    Kalama Terrace #L-204
    1 Bd | 1 Ba
    535 ft²
    $599,990
    Kalama Terrace #P310
    2 Bds | 1 Ba
    685 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.