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$ 1,675,000
Est. payment /mo
Active
4038 Mahinahina Pl Lahaina, HI 96761
6 Beds
4 Baths
3,022 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SF w/Det Ohana or Cottage
Listing Status Active
Purchase Type For Sale
Square Footage 3,022 sqft
Price per Sqft $554
Subdivision Mahinahina
MLS Listing ID 406995
Bedrooms 6
HOA Y/N No
Year Built 1985
Annual Tax Amount $3,300
Lot Size 8,542 Sqft
Acres 0.1961
Property Sub-Type SF w/Det Ohana or Cottage
Property Description
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. PVL panels for lower electricity bills have been prepaid for the next 15 years, so no lease payments. Coin laundry on property for additional income. This home and detached cottage in Mahinahina's Honokowai neighborhood provides a unique opportunity to combine island living with solid investment returns. With four sources of income, it stands as a testament to thoughtful ownership and future-oriented planning. This 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 cottage is a 1/1. 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. Please pre-qualify your Buyers before scheduling showings. The cottage rent is $1900, 3 BR $3200, 2 BR $2700 and 1 BR $1700. All pay their own utilities except for water.
Location
State HI
County Us
Area Napili/Kahana/Honokowai
Interior
Interior Features Ceiling Fan(s), TV Cable
Fireplace No
Window Features Blinds
Appliance Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Exterior
Waterfront Description None
View Y/N Yes
View Mountain/Ocean
Porch Covered Lanai/Deck
Others
Security Features Smoke Detector(s)
Listed by MegaVega Properties LLC • megavegamaui@gmail.com
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