265 Kenolio Rd, Kihei, 96753

REDUCED 7% Residential Income - Multi Family For Sale

$3,895,000

10Beds
5Baths
4,384Sqft
¾Acres
Built
43DOM
MLS® #: 405243
Active, 43 Days on Market

Just one block from the ocean, this rare estate in Kihei offers exceptional income and expansion potential. Zoned R2 and spanning 32,670 sq. ft., the property allows for up to four homes and two ohanas—double its current setup of two homes and one ohana—making it ideal for investors, employee housing, or multi-family living. The lush tropical grounds create privacy and a true island feel, surrounding three well-positioned dwellings with ample parking. The two-story back house features five private rooms with separate entrances (four with Murphy beds) and an upper-level unit complete with full kitchen, spa-style bath, large bedroom, living area, and rooftop deck with private jacuzzi and panoramic ocean and mountain views. The Back House can function as one large home or separate, private rentable units. The front house includes four bedrooms, two bathrooms, and a fully private upstairs unit with its own entrance, wet bar, remodeled bath, and living area—perfect as a separate rental or a mother-in-law suite. The detached Ohana includes a full kitchen and bathroom, plus an outdoor enclosed half-bath and shower—ideal for rinsing off after beach time. With no HOA, AC throughout, furnished interiors, an owned photovoltaic system, two water meters, and a purchased transformer, this unique property is fully equipped and ready for the next chapter—whether that’s expansion, rental income, or long-term vision.

Price & Status History

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

Essential Information

MLS® #: 405243
Price: $3,895,000
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: 43
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: $888

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