265 Kenolio Rd, Kihei, 96753

REDUCED 4% Residential Income - Multi Family For Sale

$3,730,000

10Beds
5Baths
4,384Sqft
¾Acres
–Built
140DOM
MLS® #: 405243
Active, 140 Days on Market
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Just one block from the ocean, this distinctive Kihei estate offers exceptional lifestyle flexibility and long-term potential. Situated on a 32,670 sq. ft. R-2 zoned lot, the property includes three separate dwellings, surrounded by tropical landscaping and generous off-street parking. The zoning supports future expansion, making it well-suited for multi-generational living, shared ownership, or rental income. The two-story rear residence features five bedrooms and five bathrooms, with a full kitchen and additional kitchenette. Its upper-level suite—known as “The Penthouse”—includes a spa-style shower and a rooftop deck with jacuzzi, offering both ocean and mountain views. The front house includes four bedrooms and two bathrooms, plus a fully remodeled upstairs suite with a private entrance, wet bar, and bathroom—ideal for guests, rental, or extended family. The third detached dwelling is a thoughtfully designed 360 sq. ft. structure with a modern full kitchen, Murphy bed, built-in office space, and full bath. It also includes an outdoor shower and an enclosed outdoor half bath, perfect for rinsing off after beach days. With no HOA, air conditioning throughout, owned photovoltaic systems, two water meters, and a purchased transformer, the property offers flexibility for multi-dwelling living or long-term rental potential, along with zoning that supports future expansion, subject to county requirements.

Price & Status History

Date Details
Price Reduced from $3,895,000 to $3,730,000
Price Reduced from $4,188,000 to $3,895,000

Essential Information

MLS® #: 405243
Price: $3,730,000
Bedrooms: 10
Bathrooms: 5.00
Square Footage: 4,384
Acres: 0.75
Type: Residential Income
Sub-Type: Multi Family
Land Tenure: Fee Simple
Status: Active

Community Information

Address: 265 Kenolio Rd
Area: Kihei
City: Kihei
State: HI
Zip Code: 96753

Amenities

View: Mountain/Ocean
Waterfront: None

Interior

Interior Features: Storage, Remodeled

Exterior

Exterior Features: Lawn Sprinkler
Lot Description: Gentle Slope

Additional Information

Listed By: The Agency Maui
Date Listed: March 13th, 2025
Days on Market: 140
Zoning: Residential
Monthly Maintenance Fees: $0.00
Division: 2
Zone: 3
Section: 9
Plat: 015

Listing Details

Office Contact: Cell: 808-281-6339

Financials

$/SqFt: $851

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