Fee simple hotel-zoned investment opportunity in the heart of the West Maui corridor. Unit 210 at Kahana Manor is a premier turnkey short-term vacation rental being sold as a fully stabilized business-in-a-box. Legally zoned for transient vacation rentals, this asset offers a secured 2026 book of business and a proven history of high yield performance in a submarket protected from current legislative rental restrictions. The property is positioned to deliver impressive returns, with verified trailing 12-month financials showing a gross income of $63,742. Investors can expect a 5.41 percent cap rate under standard professional management at a 25% fee. For those looking to optimize, the seller is offering continued turnkey management at 15%, which pushes the yield to 6.69%. Savvy owner-operators utilizing a tech stack for self-management can achieve an 8.61% cap rate based on historical actuals. Unlike standard inventory in the building, this mountain-view unit has been fully modernized and meticulously maintained. It requires zero immediate capital expenditure and includes one dedicated uncovered parking stall. The efficient operating model is supported by an inclusive monthly maintenance fee of $843 that covers water, sewer, trash, and basic cable and internet. This protects the investor against fluctuating utility costs and simplifies monthly accounting. Located within a short distance of world-class beaches and popular dining, this property maintains consistent appeal to year-round travelers and high occupancy. This asset is offered fully furnished and ready for immediate operation with transferable future bookings. Move your capital into a stabilized, income-generating property that significantly outpaces standard residential returns. Contact your realtor today for the complete investor package, including historical rental ledgers and pro forma analysis.
For sale
$499,000
4310 Lower Honoapiilani Rd APT 210, Lahaina, HI 96761
1beds
1baths
631sqft
Est.:
Condominium, Residential
Built in 1981
-- sqft lot
$414,900 Zestimate®
$791/sqft
$843/mo HOA
What's special
Mountain-view unit
- 12 hours |
- 302 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: 12 hours ago
Listing Provided by:
Josef E E Erlemann RS-77630 808-283-9892,
Compass-W,
Windy Schrader RS-70566 808-346-5572,
Compass
Source: RAM,MLS#: 409091
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Ceiling Fan(s), Chandelier, Inventory, Kitchen Ware, Linens
- Windows: Blinds, Drapes
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 631
- Total interior livable area: 631 sqft
Property
Features
- Patio & porch: Covered Lanai/Deck
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: None
Lot
- Size: 2 Acres
Details
- Parcel number: 2430100110014
- Zoning: H-M
- Zoning description: Hotel District
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Foundation: Slab
Condition
- Year built: 1981
- Major remodel year: 2022
Utilities & green energy
- Electric: Underground
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, TV Cable
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Kahana Manor
HOA
- Has HOA: Yes
- HOA fee: $843 monthly
Location
- Region: Lahaina
Financial & listing details
- Price per square foot: $791/sqft
- Tax assessed value: $564,100
- Annual tax amount: $6,377
- Date on market: 3/23/2026
- Lease term: Short Term Lease
- Electric utility on property: Yes
Estimated market value
$414,900
$378,000 - $452,000
$3,031/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listed for sale | $499,000+5.1%$791/sqft |
Source: | ||
| 7/8/2022 | Sold | $475,000$753/sqft |
Source: | ||
| 5/25/2022 | Pending sale | $475,000$753/sqft |
Source: | ||
| 5/20/2022 | Listed for sale | $475,000+72.7%$753/sqft |
Source: | ||
| 12/1/2018 | Listing removed | $275,000$436/sqft |
Source: Hawaii Life (W) #378529 Report a problem | ||
| 8/27/2018 | Price change | $275,000-7.1%$436/sqft |
Source: Hawaii Life (W) #378529 Report a problem | ||
| 5/21/2018 | Listed for sale | $295,950+48%$469/sqft |
Source: Hawaii Life (W) #378529 Report a problem | ||
| 12/23/2014 | Sold | $200,000-4.3%$317/sqft |
Source: | ||
| 7/31/2014 | Listed for sale | $209,000+63.9%$331/sqft |
Source: Prudential Maui REALTORS #361575 Report a problem | ||
| 1/18/2012 | Sold | $127,500+720.8%$202/sqft |
Source: Public Record Report a problem | ||
| 9/1/2006 | Sold | $15,533-93.1%$25/sqft |
Source: Public Record Report a problem | ||
| 6/1/2005 | Sold | $225,000$357/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $564,100 +18.5% |
| 2023 | $5,643 +64.4% | $476,200 +64.4% |
| 2022 | $3,433 +115.8% | $289,700 -0.8% |
| 2021 | $1,591 +3% | $291,900 +7.1% |
| 2020 | $1,544 +10.7% | $272,500 +11.4% |
| 2019 | $1,395 | $244,700 +10.7% |
| 2018 | $1,395 -19.6% | $221,000 |
| 2017 | $1,735 +1099.3% | -- |
| 2016 | $145 -86.5% | $241,100 +34.8% |
| 2015 | $1,071 | $178,900 +7.2% |
| 2014 | $1,071 | $166,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,478/mo
Principal & interest
$2573
HOA Fees
$843
Property taxes
$62
More affordability tools
Climate risks
Neighborhood: Napili-Honokowai
Nearby schools
GreatSchools rating
- 2/10King Kamehameha Iii Elementary SchoolGrades: PK-5Distance: 7 mi
- 2/10Lahaina Intermediate SchoolGrades: 6-8Distance: 6 mi
- 2/10Lahainaluna High SchoolGrades: 9-12Distance: 5.9 mi
Local experts in 96761
- Hawaii
- Maui County
- Lahaina
- 96761
- Napili-Honokowai
- 4310 Lower Honoapiilani Rd Apartment 210







