130 Kai Malina Pkwy, Unit Nr 1020, Kaanapali, 96761

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$2,690,000

MLS® #: 401393

COST-FREE LUXURY LIVING: The owner agrees to pay the first year of HOA fees, the first year of real estate taxes, and the first year of electricity charges for an accepted offer that proceeds to a successful close received by August 31st, 2024. Honua Kai is a gated luxury resort residential complex located directly on world-famous Ka'anapali Beach. Residence 1020 is a renovated 1,215 sq. ft., 2-bedroom, 2-bathroom top-floor unit in the newer Konea Tower. The unit features ocean and mountain views and is offered fully furnished! Located in a resort zone, Honua Kai owners can legally rent their units out as short-term vacation rentals, generating income and helping cover carrying costs; 2-bedroom, 2-bathroom residences in Konea Tower bring in $225 - $275,000 annually (depending on how often they are reserved for owner use). Regarding infrastructure, a private well supplies the Konea Tower's water. One of the unique benefits of Residence 1020 is the vista, which is only enjoyable from the top floor: The majestic West Maui mountains stretch out in all their grandeur while the boundless expanse of the Pacific Ocean shimmers endlessly towards the horizon. From this vantage point, you will catch glimpses of the verdant coastline of Molokai and North Maui. Taken together, the views from Residence 1020 soothe the senses and are emblematic of Hawaii. The owners of Residence 1020 have made significant upgrades, including new ceramic flooring, a new wash/dryer, improved storage cabinets and extra closet space, new garbage disposal, interior furniture, and new artwork. This turnkey residence is sunny and spacious, with a kitchen and living room area that opens onto a 165 sq. ft. covered lanai space with furniture that is in excellent condition; full Nano doors lead out to the lanai from the Primary Bedroom and central living space. The unit's Primary Suite runs along the entire left side of the apartment and features a King-size bed, a large bath with a walk-in shower, soaking tub, and direct access to the lanai. A second Guest Suite room with a King-size bed, en-suite bath, and an expanded walk-in closet - uniquely available to this unit - is located on the opposite side of the residence. Honua Kai is one of the most in-demand luxury-class beachfront Ka'anapali complexes because of its elegant design, top-of-the-line amenities, beach access, and abundant owner benefits, including garage parking, communal gas barbecues, and recreation areas amidst impeccably manicured lawns. The property has three separate pool areas, with the Konea Tower enjoying an ornately designed River Pool featuring waterfalls, bridges, quiet areas, and jetted spas. Konea is also home to a fitness facility and the 7,000 sq. ft. Ho'ola Spa, offering luxury day spa services. Addtional amenities include, 24-hour security, valet parking and owner assurance services. If you imagine owning a Maui residence that affords direct beach access, incredible amenities, and the ability to legally rent the unit when you're not using it, residence 1020 in the Konea Tower is a must-see!