Hawaii Living

Puamana Lahaina #5-2 (Lahaina)

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Photo 1 of 5 Puakukui Pl #5-2, Lahaina
Photo 2 of 5 Puakukui Pl #5-2, Lahaina
Photo 3 of 5 Puakukui Pl #5-2, Lahaina

5 Puakukui Pl #5-2, Lahaina

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Description
Nestled just a 30-second walk from the beach, surf breaks, and Puamana’s beautifully renovated oceanfront pool, this rare opportunity offers the chance to create a brand-new coastal retreat within Puamana, one of West Maui’s most cherished oceanfront communities. The property previously hosted a legal 3-bedroom, 3-bath vacation-rental townhome, and plans have been submitted to rebuild the residence with the same 3BD/3BA configuration—preserving its valuable legal short-term rental status. The Association anticipates County permit approvals shortly and has set a start date of May 15, 2026 with completion of all exterior building shells by May 15, 2027. Once the shell is completed by the Association, the buyer will complete the interior from the studs in, allowing full freedom to customize finishes, design details, and personal style. A local Puamana contractor estimates interior build-out costs at approximately $250–$300 per square foot, plus furnishings. The submitted plans feature an open-concept living and dining area, a ground-floor bedroom and bath, and two upstairs en-suite bedrooms—designed for comfort, privacy, and effortless island living. This corner-oriented location enjoys an ocean-view direction and close proximity to the community’s pools, beach access, and surf breaks, embodying the relaxed ocean lifestyle Puamana is known for. Puamana offers a rare blend of privacy and resort-style amenities, including two swimming pools (one oceanfront), tennis and pickleball courts, a children’s playground, three surf breaks, lush tropical gardens, and a seasonal golden sand beach. Residents enjoy a peaceful oceanfront setting away from large resort crowds, while remaining conveniently close to the world-class golf, dining, shopping, and resort amenities of Kaanapali and Kapalua. As Puamana thoughtfully rebuilds following the August 2023 fires, this offering represents a unique moment in time: the opportunity to secure a prime location, benefit from a brand-new exterior structure, and create a personalized interior vision within an established, iconic oceanfront community. An exceptional opportunity to invest in the next chapter of Puamana and build a future home that reflects the very best of Maui living. The seller may consider seller financing, providing an added layer of flexibility in today’s evolving market.
Recent Activity
Recent Sales
(Puamana Lahaina)
  • #26A: 2 Bds | 2 Ba @ $950K (2/4/26)
  • #153-6: 2 Bds | 3 Ba @ $1.475M (1/9/26)
  • #160-4: 2 Bds | 2 Ba @ $3.2M (12/31/25)
  • #12B: 2 Bds | 2 Ba @ $1.13M (10/8/25)
  • #24-3: 1 Bd | 2 Ba @ $1.045M (7/31/25)
  • #21C: 2 Bds | 2 Ba @ $99K (7/23/25)
  • #11A: 2 Bds | 2 Ba @ $1.081M (7/1/25)
  • #5A: 2 Bds | 2 Ba @ $970K (6/30/25)
  • #19A: 2 Bds | 2 Ba @ $998K (5/16/25)
  • #111-2: 3 Bds | 3 Ba @ $2.1M (3/17/25)
  • #6B: 3 Bds | 2 Ba @ $1.081M (3/3/25)
  • #87-2: 2 Bds | 2.5 Ba @ $1.2M (11/1/24)
  • #4B: 2 Bds | 2 Ba @ $1.024M (10/3/24)
  • #14D: 3 Bds | 3 Ba @ $1.36M (9/6/24)
  • #13B: 3 Bds | 2 Ba @ $1.13M (8/12/24)
  • #10A: 2 Bds | 2 Ba @ $965K (6/6/24)
  • #11C: 2 Bds | 2 Ba @ $995K (3/28/24)
  • #1B: 2 Bds | 2 Ba @ $950K (3/18/24)
  • #26B: 2 Bds | 2 Ba @ $1.04M (3/18/24)
  • #2C: 4 Bds | 2 Ba @ $1.37M (11/20/23)
  • #6C: 2 Bds | 2 Ba @ $995K (11/16/23)
  • #13A: 2 Bds | 2 Ba @ $1.36M (9/27/23)
  • #14B: 2 Bds | 2 Ba @ $1.275M (9/11/23)
  • #24A: 2 Bds | 2 Ba @ $1.15M (7/10/23)
  • #161-2: 1 Bd | 2 Ba @ $1.5M (5/1/23)
  • #205-2: 1 Bd | 2 Ba @ $1.6M (3/30/23)
  • #7-2: 2 Bds | 2 Ba @ $2.25M (3/23/23)
  • #24B: 3 Bds | 2 Ba @ $975K (3/13/23)
  • #160-2: 3 Bds | 3 Ba @ $4.8M (2/16/23)
  • #71-4: 1 Bd | 2 Ba @ $1.1M (1/3/23)
  • #136-2: 4 Bds | 4 Ba @ $4.875M (12/16/22)
  • #28-3: 2 Bds | 2.5 Ba @ $1.7M (10/21/22)
  • #10B: 2 Bds | 2 Ba @ $940K (10/18/22)
  • #3: 2 Bds | 2.5 Ba @ $2.2M (10/6/22)
  • #1A: 2 Bds | 2 Ba @ $896K (9/30/22)
  • #57-2: 2 Bds | 2 Ba @ $2.88M (8/31/22)
  • #167-4: 2 Bds | 2.5 Ba @ $2.2M (6/16/22)
  • #30-3: 1 Bd | 2 Ba @ $1.65M (6/16/22)
  • #2A: 2 Bds | 2 Ba @ $845K (6/2/22)
  • #43-1: 2 Bds | 2.5 Ba @ $4.5M (5/25/22)
  • #22B: 2 Bds | 2 Ba @ $725K (5/5/22)
  • #26C: 2 Bds | 2 Ba @ $799K (5/3/22)
  • #87-1: 2 Bds | 2 Ba @ $2.1M (4/28/22)
  • #176-2: 3 Bds | 2 Ba @ $3.95M (4/25/22)
  • #254-1: 3 Bds | 2.5 Ba @ $4.165M (4/19/22)
  • #15B: 2 Bds | 2 Ba @ $1.03M (4/6/22)
  • #21A: 2 Bds | 2 Ba @ $865K (4/5/22)
  • #41-3: 2 Bds | 2.5 Ba @ $1.375M (4/4/22)
  • #176-1: 3 Bds | 2 Ba @ $4M (3/30/22)
  • #43-4: 2 Bds | 2 Ba @ $3.689M (3/29/22)
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.50
  • Price / ft²: $796
  • View: Ocean
  • Security Features: Security Guard
  • TMK: 2460310150000
  • Courtesy: Mark A Marchello Inc / 808-283-5296
  • MLS: 408442
The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on February 23, 2026.Information is deemed reliable but not guaranteed.
Other Puamana Lahaina Listings
$1,645,000
Puamana Lahaina #139-1
2 Bds | 2 Ba
940 ft²
$2,750,000
Puamana Lahaina #272-3
3 Bds | 2.5 Ba
1,560 ft²
Other Lahaina Condos
Napili & Kahana
$1,200,000
Paki Maui #222
2 Bds | 2 Ba
1,082 ft²
Napili & Kahana
$1,200,000
Sands Of Kahana #134
2 Bds | 2 Ba
1,580 ft²
Kaanapali
$1,270,000
Kaanapali Shores #435
2 Bds | 2 Ba
964 ft²
Kaanapali
$1,349,500
Kaanapali Plantation #36
2 Bds | 2 Ba
1,152 ft²
Napili & Kahana
$1,099,000
Hale Ono Loa #209
2 Bds | 2 Ba
860 ft²
Napili & Kahana
$1,373,000
Papakea Resort #D403
3 Bds | 3 Ba
1,145 ft²
  • Asking Price: $1,234,567
Description
Nestled just a 30-second walk from the beach, surf breaks, and Puamana’s beautifully renovated oceanfront pool, this rare opportunity offers the chance to create a brand-new coastal retreat within Puamana, one of West Maui’s most cherished oceanfront communities. The property previously hosted a legal 3-bedroom, 3-bath vacation-rental townhome, and plans have been submitted to rebuild the residence with the same 3BD/3BA configuration—preserving its valuable legal short-term rental status. The Association anticipates County permit approvals shortly and has set a start date of May 15, 2026 with completion of all exterior building shells by May 15, 2027. Once the shell is completed by the Association, the buyer will complete the interior from the studs in, allowing full freedom to customize finishes, design details, and personal style. A local Puamana contractor estimates interior build-out costs at approximately $250–$300 per square foot, plus furnishings. The submitted plans feature an open-concept living and dining area, a ground-floor bedroom and bath, and two upstairs en-suite bedrooms—designed for comfort, privacy, and effortless island living. This corner-oriented location enjoys an ocean-view direction and close proximity to the community’s pools, beach access, and surf breaks, embodying the relaxed ocean lifestyle Puamana is known for. Puamana offers a rare blend of privacy and resort-style amenities, including two swimming pools (one oceanfront), tennis and pickleball courts, a children’s playground, three surf breaks, lush tropical gardens, and a seasonal golden sand beach. Residents enjoy a peaceful oceanfront setting away from large resort crowds, while remaining conveniently close to the world-class golf, dining, shopping, and resort amenities of Kaanapali and Kapalua. As Puamana thoughtfully rebuilds following the August 2023 fires, this offering represents a unique moment in time: the opportunity to secure a prime location, benefit from a brand-new exterior structure, and create a personalized interior vision within an established, iconic oceanfront community. An exceptional opportunity to invest in the next chapter of Puamana and build a future home that reflects the very best of Maui living. The seller may consider seller financing, providing an added layer of flexibility in today’s evolving market.
    The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on February 23, 2026.Information is deemed reliable but not guaranteed.
    Other Puamana Lahaina Listings
    $1,645,000
    Puamana Lahaina #139-1
    2 Bds | 2 Ba
    940 ft²
    $2,750,000
    Puamana Lahaina #272-3
    3 Bds | 2.5 Ba
    1,560 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.