Lowest Priced Two Bedroom Oceanfront Condo in Kihei with Sweeping Ocean Views!

Located in the front building of an oceanfront boutique-style complex, this second floor 2bd/1ba corner unit is bright with natural light from the floor to ceiling windows that frame a picture perfect ocean view and offer colorful sunsets.

Waipuilani #214 is currently listed at $335K (MLS# 356109)

A buyer will be able to relax by the pool and enjoy the convenience of nearby shopping, dining, tennis courts, and beaches. Prime units in the front building are rarely for sale.

Waipuilani Property Features

  • Pool
  • Storage
  • BBQ Area
  • Tennis Courts
  • Oceanfront
  • Beach Access
  • Low Density
  • Laundry Facility
  • Resident Manager
  • Concrete Building
  • Built in 1971 on 1.22 Acres

30-Day Minimum Vacation Rentals Allowed

What also makes this complex unique is that they allow 30 day minimum rentals. On Maui, most condos are either structured as long-term only or short-term rentable.

Long-term rentable complexes require a 6 month lease, and if you plan on renting out your property, this can make it hard to use on short notice for a vacation. Short-term rentable complexes may be rented out on a nightly basis, however, the cost of short-term rentable complexes are typically a lot higher in sales price.

For example, the neighboring complex, Luana Kai, shares the same beach, and the oceanfront buildings (A & D) trade for on average between $450k-$650k (2 bed w/ocean view + lanai). Just one more reason to really consider this condo a great buy, especially in such a tight market.

Waipuilani Market Activity

The last comparable sale in Waipuilani was on August 3rd, 2012 for $318,000. Since then, the Kihei condo market has jumped 20%, which would undoubtedly make this unit an incredible deal.

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