MLS: 406995 (Active - For Sale)   Asking Price: $1,675,000 Fee Simple District: Napili/Kahana/Honokowai City: Lahaina Street: 4038 Mahinahina Pl Neighborhood: Mahinahina Beds: 6   Baths: 4 Living Area: 2,538 SF Land Area: 8,542 SF Ohana Beds: 1 Ohana Baths: 1.0 Ohana SF: 484 Features: Mountain/Ocean View Days on Market: 96

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Nestled in the vibrant heart of Honokowai within the Mahinahina neighborhood, lies a remarkable property that blends the tranquility of island living with the practical allure of income generation. This unique residence, featuring a main house and a detached cottage, offers four independent sources of income, making it a compelling choice for investors and multi-generational homeowners seeking both comfort and returns in one of Maui’s most sought-after locales. In this pocket of paradise, the property stands out not only for its residential appeal but also for its potential as a lucrative investment. Recently replaced were 2 sliding glass doors, main house hot water heater & washer, stairwell for upstairs and coin washer and dryer. PVL panels for lower electricity bills have been prepaid for the next 15 years, so no lease payments. This home and detached cottage in Mahinahina’s Honokowai neighborhood provide a unique opportunity to combine island living with solid investment returns. With four sources of income and prepaid solar panels, it stands as a testament to thoughtful ownership and future-oriented planning. The property’s strategic location, versatile layout, and commitment to sustainability make it not just a place to live, but a foundation for long-term prosperity. The Main house is configured as 3/2, 2/1, 1/1. The tenants have been here for many years. The home has been maintained, however needs some TLC. All leases end December 31, 2025. Please pre-qualify your Buyers before scheduling showings. Appraisal is in Associated Documents.

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This property is listed by MegaVega Properties LLC 808-665-0015.
The Hansens may represent you as a Buyer's Representative.
 
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