5315 Lower Honoapiilani Rd Unit E138, Lahaina, HI 96761
- $699,000
- 1
- BD
- 1
- BA
- 602
- SqFt
- List Price
- $699,000
- Days on Market
- 75
- MLS#
- 409600
- Status
- ACTIVE
- Type
- Condo
- Building
- Napili Shores
- Bedrooms
- 1
- Living Area
- 602
- Land Area
- 274,428
- Acres
- 6.30
- Land Tenure
- Fee Simple
- Neighborhood
- Napili
Property Description
Welcome to Napili Shores E138, a hotel-zoned vacation rental resort just steps from Napili Bay. The H-1 zoning allows for short-term rentals, making this an exceptional investment or personal retreat. This unit participates in the Napili Shores Rental Pool, LLC, a unique 50-plus year partnership of units that operate together under common on-site management, pooling all revenues, expenses, and resources to function like a true hotel. On-site management covers all rental operations and expenses, offering members completely worry-free ownership with participation being optional. The private lanai overlooks lush tropical gardens, serene and private while remaining close to the pool. Split AC keeps the unit perfectly comfortable year-round. The seller has paid off all loans from the resort-wide drain line replacement project in full (a roughly $40,000 value). That savings transfers directly to you at closing. Sitting elevated above the shoreline, the property enjoys natural protection from coastal flooding and sea level concerns that affect many beachfront properties. Inside, enjoy a king-size bed, updated bathroom, and fully equipped kitchen. Napili Shores spans 6 acres with two pools including an oceanfront pool, a hot tub, and BBQ areas. There is a beach gear rental office and two restaurants on the property (including Maui's famous Gazebo). Step outside and Napili Bay is yours for snorkeling, swimming, breathtaking sunsets, and world-class whale watching in season. Turnkey ownership, hotel zoning, and one of Maui's most coveted bay addresses, this is West Maui done right.
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Additional Information
- Island
- Maui
- Monthly Maintenance Fee
- 1945.08
- View
- Garden
- Lot Size
- 274,428
- Pool Description
- In Ground
- Neighborhood
- Napili
- Subdivision
- Napili Shores
- Frontage
- Ocean
- Year Built
- 1973
- Year Remodeled
- 2019
- Building Name
- Napili Shores
- Sewer
- Public Sewer
- Unit
- E138
- Zoning
- H-1
- Water
- Public
- Waterfront
- Ocean Front
- Short Term Rental
- Yes
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Listing courtesy of eXp Realty.
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. Copyright, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved.
Contact: Cell: 808-269-8633