MAUI VACATION RENTAL (TRANSIENT ACCOMMODATIONS) FAQs

This post has been updated as of June, 2022:  Read the Updated Post on Maui Vacation Rentals and Short Term Rentals

As a realtor here on Maui, working primarily in resort areas, the most frequently asked questions I encounter are "can I vacation rent this property when I'm not using it?" and, if so, "can I manage the property myself on a website like VRBO or AirBnB?".  

The answer is, it depends. It isn't always straightforward, as there are several factors to consider that may govern the use of the property as a short term Transient Vacation Rental (TVR), including, but not limited to, state laws and statutes, Maui county zoning rules and regulations, and CC&R's (Declaration of Covenants,

Maui Today: 18:00 hours, Kapalua, Maui, Hawaii

At this moment, the sun bathed everything in gold

Sunset at the Plantation Course, Kapalua, Maui.

Want to see this every day? View homes for sale in the Plantation Estates

The Montage Residences, Kapalua Bay: Sales History and Real Estate Market Update

Since sales began at the newly branded Montage Residences, Kapalua Bay in 2014, the property has undergone a tremendous boost in sales with a 139% increase in sales volume ($) with 7% fewer sales.

The View from Montage Residences, Kapalua Bay 1205

Montage Residences, Kapalua Bay: Current Market Snapshot

Active Listings: 7
Price Range: $3,495,000 to $7,750,000
Pending Sales: 3
Price Range: $4,500,000 to $4,900,000
Sales Volume Prior to Rebrand: 28 sales totaling $53,747,552
Sales Volume Since Rebrand: 26 sales totaling $128,555,000

Sales initially began in 2009 while the property was branded the Ritz-Carlton Residences, Kapalua Bay.  This was just after our