106 KAANAPALI SHORES Pl $524,000

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    106 KAANAPALI SHORES Pl Lahaina, HI 96761

    • 0 Beds
    • 1 Baths
    • 395 sq. ft.
    • Condominium
    • MLS# 391812
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    Views: 3 Days On Site: 6

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    Property Details

    Immaculate refurbished 8th floor studio apartment will blow your socks off!!! The sellers of this fine property have taken great care in upgrading, and decorating this beautifully located, family- owned vacation home since 1988. Sitting on your lanais for your morning meal, reading the paper, enjoying the crystal -clear Pacific waters lapping up on the beach below, and enjoying the Sea Turtles, and Humpback whales during whale season are just a few of the most spectacular perks imaginable. This property tends to have owners who keep their vacation home at a rate more than double the average investment. You will have repeat clients just begging to stay and return year after year, in your beautiful Island Home. Some of the recent upgrades include new sliding doors, a new refrigerator, microwave, carpets, and closet doors. The kitchen is opened up, with lovely cabinetry, and solid counter tops. The bathroom has been renovated as well. Extra storage on the ground floor, as well as several cabinets with locks in the unit. These sellers have their unit placed in the Front Desk Management Rental Program, and enhance bookings themselves, which equals wonderful income potential. The 2018, and 2019 Income figures are attached, for information purposes. 2020 Income figures are very limited, due to COVID. 2021 Occupancy is booked very solid. The Maui Kai boasts that every single unit being direct ocean fronting. There are a total of 80 units, 39 Studios, 39 1 bedrooms, and one 2 bed room unit on the ground floor. The Pool clubhouse upper floor houses the Resident Manager's Apartment. The clubhouse has a full renovated kitchen, game room, bathroom, and outside gas-BBQs with covered seating, along- side the heated pool and spa. Several major upgrades completed on site in the past three years, including a spalling project, painting the exterior of the building and pool area, new elevators, and the central air was replaced in December 2020, at no cost to the owners. There is no current assessment in place. Come home to the Maui Kai, and remember how the good old days felt here in North Kaanapali Beach!! This may arguably the most beautiful part of Hawaii. Showings only when available.

    • General Features
      • Land Tenure Fee Simple
      • City Lahaina
      • District Kaanapali
      • Building Name Maui Kai
      • Water Front BeachFront
      • View Ocean
      • Bedrooms 0
      • Bathrooms 1
      • Floor Level 8
      • Pool Yes
      • Assocation Dues Frequency Monthly
      • Monthly Maintenance Fees $888
    • Property Features
      • Land Acres 1.72
      • Land SQFT 74,923
      • REO No
      • Potential Short Sale No

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    Neighborhood

    96761 (Lahaina) Demographics

    38 Median Age
    289 Population Density (per sq. mile)
    35% College Educated
    $68,435 Estimated Median Income
    3,640 Estimated Total Home Owners
    3,843 Estimated Total Renters
    49% / 51% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    22,355 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $2,800,000 Median Sales Price
    1 Homes Sold
    91 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $524,000
        6/9/2021 10:58:00 AM New in Database Source New Value: $524,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-808-735-7888