5 Puakukui Pl 5-2, Lahaina, 96761

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$1,234,567

MLS® #: 408442

Nestled just a 30-second walk from the beach, surf breaks, and Puamana’s beautifully renovated oceanfront pool, this rare opportunity offers the chance to create a brand-new coastal retreat within Puamana, one of West Maui’s most cherished oceanfront communities. The property previously hosted a legal 3-bedroom, 3-bath vacation-rental townhome, and plans have been submitted to rebuild the residence with the same 3BD/3BA configuration—preserving its valuable legal short-term rental status. The Association anticipates County permit approvals shortly and plans to move forward with construction of the new exterior shell, which is included in the purchase price. Once the shell is completed by the Association, the buyer will complete the interior from the studs in, allowing full freedom to customize finishes, design details, and personal style. A local Puamana contractor estimates interior build-out costs at approximately $250–$300 per square foot, plus furnishings. The submitted plans feature an open-concept living and dining area, a ground-floor bedroom and bath, and two upstairs en-suite bedrooms—designed for comfort, privacy, and effortless island living. This corner-oriented location enjoys an ocean-view direction and close proximity to the community’s pools, beach access, and surf breaks, embodying the relaxed ocean lifestyle Puamana is known for. Puamana offers a rare blend of privacy and resort-style amenities, including two swimming pools (one oceanfront), tennis and pickleball courts, a children’s playground, three surf breaks, lush tropical gardens, and a seasonal golden sand beach. Residents enjoy a peaceful oceanfront setting away from large resort crowds, while remaining conveniently close to the world-class golf, dining, shopping, and resort amenities of Kaanapali and Kapalua. As Puamana thoughtfully rebuilds following the August 2023 fires, this offering represents a unique moment in time: the opportunity to secure a prime location, benefit from a brand-new exterior structure, and create a personalized interior vision within an established, iconic oceanfront community. An exceptional opportunity to invest in the next chapter of Puamana and build a future home that reflects the very best of Maui living. The seller may consider seller financing, providing an added layer of flexibility in today’s evolving market.