An incredible opportunity to purchase just what you need and avoid the hassle of rental management the rest of the year. Own a 1/5th share of this beautifully remodeled, direct ocean-view condo, just across the road from the white sandy beaches of South Kihei and the popular Kamaole Beach Park III. This ownership opportunity (NOT timeshare) offers the benefits of a vacation home ownership at a fraction of the cost. This third-floor unit offers sweeping ocean views from the kitchen and living room, with new energy-efficient, double-pane sliding doors leading to a spacious lanai—perfect for sunset and seasonal whale watching. Enjoy 10-12 weeks of occupancy each year for your Maui vacation, or rent out your occupancy period to other vacationers to offset expenses. This is a partial ownership offering, NOT a timeshare The condo has 2 bedrooms, 2 bathrooms, and 890 square feet of living area with easy-to-maintain tile floors throughout, perfect for keeping cool on warm, South Maui days. The fully renovated kitchen which includes granite counter tops, back splash and island range oven, provides a modern feel. Recent upgrades in this well cared for respite include new, $30,000 sliding glass doors and lanai windows (2024), fresh paint throughout, new television and appliances, and new living room furniture. The unit comfortably accommodates up to 6 guests and offers an in-unit washer/dryer for owner and guest convenience. Outside, enjoy easy access to the pool, BBQ area, gazebo, and shuffleboard court, all just a quick elevator ride away and monitored by the on-site manager. Explore a wide array of shopping, dining, and activities just a short distance down the sidewalks and bike paths lining popular South Kihei Rd. As a 1/5th owner, you’ll enjoy 10 weeks of usage per year (two 5-week periods on a rotating schedule), with the option to rent it out for additional income. The annual operating fee of $7,000 covers water, electricity, sewer, property taxes, management, maintenance, cable TV, high-speed internet, insurance, and reserves for future furniture and appliance replacements. This is truly hassle-free ownership, as all management is handled by a co-owner, and the partnership has operated smoothly for years. Relax and unwind in this prime South Kihei location, near the exclusive Wailea Resort, with unbeatable views and easy access to Maui’s best beaches. Contact your favorite REALTOR today to learn more or schedule a showing! Schedule a Private Showing

Listing courtesy of RAM_MLS / Compass

Last checked: Checking… • Last updated Nov 21, 2024 • Source: RAM_MLS

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