2575 S Kihei Rd, Unit G-310, Kihei, 96753

REDUCED 12% Residential - Condominium For Sale in Maui Banyan

$1,100,000

2Beds
2Baths
890Sqft
8.6Acres
1991Built
312DOM
MLS® #: 402533
Active, 312 Days on Market
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Aloha and welcome to this beautifully renovated, HOTEL-ZONED 2-bedroom, 2-bathroom unit at Maui Banyan! Just a short distance from Kamole 2 Beach Park, this charming condominium boasts modern elegance and comfort with updated bathrooms and custom tile work throughout. Fully furnished and designed with subtle tropical theming, it comfortably accommodates six adults. The kitchen is equipped with utensils, cookware, and appliances, and features imported Italian blown glass lighting in the kitchen and dining areas. Located on the north-facing 3rd floor, the lanai offers a serene, shaded retreat perfect for year-round enjoyment, with delightful peek-a-boo ocean views. A reserved ground-level parking space is included for your convenience. This unit has a proven track record as a successful vacation rental, with bookings secured through 2025. Currently, it has over 210 days booked in the next 9 months, translating to more than $50,000 in potential rental income. These bookings can be canceled, transferred, or accepted by the new owner. One of the unique features of this unit is its versatile lock-off design. It can be rented as a spacious 2-bedroom, 2-bathroom unit or separately as a 1-bedroom unit with a full kitchen and a studio setup akin to a hotel room. Don't miss this exceptional opportunity to own a piece of paradise at Maui Banyan!

Price & Status History

Date Details
Price Reduced from $1,247,000 to $1,100,000
Price Reduced from $1,297,000 to $1,247,000
Price Reduced from $1,345,000 to $1,297,000
Price Reduced from $1,385,000 to $1,345,000
Price Reduced from $1,425,000 to $1,385,000

Essential Information

MLS® #: 402533
Price: $1,100,000
Bedrooms: 2
Bathrooms: 2.00
Square Footage: 890
Acres: 8.60
Year Built: 1991
Type: Residential
Sub-Type: Condominium
Land Tenure: Fee Simple
Style: High-Rise 4+ Stories
Status: Active

Community Information

Address: 2575 S Kihei Rd, Unit G-310
Area: Kihei
Subdivision: Maui Banyan
Building Name: Maui Banyan
City: Kihei
State: HI
Zip Code: 96753

Amenities

View: Mountain/Ocean
Waterfront: None
Has Pool: Yes
Pool: In Ground

Interior

Interior Features: Ceiling Fan(s), Furnished, Kitchen Ware, TV Cable
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Features: Barbecue, Tennis Court(s)
Windows: Drapes

Additional Information

Listed By: Coldwell Banker Island Prop-Ku
Date Listed: June 10th, 2024
Days on Market: 312
Zoning: Hotel District,H-2 Hotel District
Monthly Maintenance Fees: $1446.06
Division: 2
Zone: 3
Section: 9
Plat: 004

Listing Details

Office Contact: Cell: 808-250-6754

Financials

$/SqFt: $1,236

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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.


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