Brand New Residence in Puamana, Lahaina, for Under $1M — Is That Even Possible?

If you’ve been watching the Puamana rebuild and waiting for the right moment to get in — this might be it.

15-1 Puakukui Place is listed at $749,000 (details here). With Puamana delivering the shell building and contractors estimating interior buildouts at $250–$300 per square foot for this 642 square foot single-level home, a buyer could be all-in at approximately $920,000–$953,000 for a brand new custom home in one of Maui’s most beloved oceanfront communities where vacation rentals are allowed. Under $1M. Brand new. Interior designed entirely to your specifications.

With permits in process and construction slated to begin early 2027 (hopefully by the end of this year!), this is your chance to secure a brand new home in one of Maui’s most special neighborhoods at an entry-level price.

15-1 has a private location with the back lanai area backing up to Kau’ula stream.

Across the street is a big grassy lawn area. This single-level end unit 15-1 sits on the mauka side of Puamana — one bedroom, two bathrooms, plus a carport — with a more straightforward permitting path than oceanside units.

Exteriors rebuilt from the load-bearing walls out with new windows, roofing, 9-foot ceilings and solar options. Once the shell is delivered, the interior is entirely yours to design and finish … buyer pays for the interior rebuild. If you are a owner contractor or local contractor, this would be a great fit!

Building 15 was lost in the August 8, 2023 fires and is being reborn better than ever. Puamana itself is moving forward. The renovated oceanfront pool is open and welcoming whale, surf and sunset lovers. Our beloved clubhouse is being rebuilt. Thirty acres of tropical grounds, three pools, a seasonal sandy beach and the Puamana spirit remain alive. Puamana isn’t zoned apartment and vacation rentals are allowed.

Neither the brokerage nor listing agent solicited this listing. The seller reached out directly — making this a genuine opportunity for a buyer or local family ready to plant roots in this iconic community.

To keep updated on Puamana and Lahaina rebuild, subscribe to my YouTube channel, here.

To schedule a showing, contact Anna Severson, R(B) or Blake Hill, R(S).

Anna and her daughter Zoe enjoying the ocean at Puamana!

The Puamana oceanfront pool is the best on the Island!