106 KAANAPALI SHORES Unit 807, Lahaina, HI 96761

$524,000
1
BA
395
SqFt
List Price
$524,000
Days on Market
5
MLS#
391812
Status
ACTIVE
Type
Condo
Building
Maui Kai
Bathrooms
1
Living Area
395
Land Area
74,923
Land Tenure
Fee Simple
Neighborhood
North Kaanapali Beach

Property Description

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.

Additional Information

Monthly Maint Fee
888
Tmk
24403001031000063
Pool Description
In-Ground, Heated
View
Ocean
Water Front
BeachFront

Mortgage Calculator

Amount of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Island Prop-KP.

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.