MLS: 409879 (Active - For Sale)New Listing!   Condo: #34B1-2   Asking Price: $3,298,000 Fee Simple District: Kapalua City: Lahaina Street: 500 Bay Dr Maintenance Fee: $2580.00 Beds: 2   Baths: 3 Living Area: 1,697 SF Land Area: 16.45 Acres Short-Term Rental Status ✓ Eligible — Minatoya Grandfathered List Phase-out: Jan 1, 2031 (~4 years remaining) Source: Maui County Minatoya List Subject to active litigation; verify with attorney before purchase. Learn more about STR rules Features: View, Pool Days on Market: 2

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YOUR wait is Over! Located in the arguably the finest, front-row location in all of the Kapalua coastline communities, Kapalua Bay Villas 34B1,2 provides the most dramatic views of the ocean, islands, sunset, resort, Dragon’s Teeth (Makaluapuna Point) and the Kapalua Coastal Trail! This Villas is a 2-story, two-bedroom, three-bathroom direct-oceanfront villas spaciously spread across 1,697 sq. ft. Whale-watching can be enjoyed from the comfort & convenience from your Villas (of the lanai, dining area, great room & primary bedroom.) YOU will never need to leave your home! Snorkeling, surfing or swimming are daily excursions as the Villa is a convenient walk to both Kapalua Bay or Oneloa Bay. The best of luxury island living is a result of a thoughtful & extensive 2015 renovation. The scope of work included 1) complete kitchen renovation (including cabinetry, granite counter tops, drywall, plumbing, electrical and all appliances), 2) installation of Western Window sliding doors (dining room, primary bedroom lanai) & Breezway Altair jalousie windows, 3) redesign of great room entertainment center, 4) remodeled primary bedroom’s bathroom & lanai areas. Custom photography wall art and custom blinds were installed (2014). Additional recent upgrades & improvements include new air conditioning system (2025), interior custom paint (2025), Wayfair living room furniture (2024) & new W/D flooring (2025). Kapalua Bay Villas 34B1-2 has historically been a high performing member of a transient vacation rental program. This property is currently being used for short-term vacation rentals. It is zoned Apartment (A-2) and it is permitted to be used as a transient vacation rental pursuant to County Code Chapter 19.12.20 section G. However, this permitted usage per the County Code may be subject to change. Kapalua Bay Villas is an oceanfront condominium community consisting of 141 apartments in twenty-seven 1-story and 2-story buildings. The community is spread across 16.45 acres & offers pools, club house, BBQ & tennis / pickleball court amenities. Kapalua Bay and Oneloa Bay are convenient walking distance from Kapalua Bay Villas. The Kapalua Resort community offers Maui’s finest resort services & experiences including fine-dining, shopping, whale watching, snorkeling, swimming, golf, hiking, the world-renowned D.T. Fleming Beach, Honolua Bay, Kapalua Tennis Garden / Pickleball, Kapalua Zipline, The Spa at Kapalua Bay. The monthly HOA fee is $2,580. Sold furnished with exceptions. Your Time Is Now.

21 Properties

MLS Number	Description	List Date	List Price
404947	2 Bed, 2 Bath	02/12/2025	$1,390,000
408414	2 Bed, 2 Bath	01/14/2026	$1,395,000
405780	2 Bed, 2 Bath	04/28/2025	$1,395,000
407846	2 Bed, 2 Bath	11/21/2025	$1,420,000
407052	2 Bed, 2 Bath	09/07/2025	$1,480,000
408441	2 Bed, 2 Bath	01/16/2026	$1,525,000
408122	2 Bed, 2 Bath	12/15/2025	$1,539,000
409769	2 Bed, 2 Bath	05/30/2026	$1,595,000
409668	2 Bed, 3 Bath	05/20/2026	$1,900,000
408998	2 Bed, 3 Bath	03/10/2026	$1,980,000
409876	2 Bed, 3 Bath	06/08/2026	$2,049,000
409480	2 Bed, 3 Bath	05/01/2026	$2,395,000
409878	2 Bed, 3 Bath	06/08/2026	$2,398,000
409287	2 Bed, 3 Bath	04/12/2026	$2,495,000
409427	2 Bed, 3 Bath	04/27/2026	$2,650,000
404285	2 Bed, 3 Bath	12/09/2024	$2,850,000
405269	2 Bed, 3 Bath	03/14/2025	$3,299,999
408175	2 Bed, 3 Bath	12/19/2025	$3,495,000
408042	2 Bed, 3 Bath	12/09/2025	$3,650,000
407611	2 Bed, 3 Bath	11/03/2025	$4,700,000
409875	2 Bed, 3 Bath	06/08/2026	$6,398,000
		Average Price:	$2,476,143

Show Sold Comparables.

This property is listed by Coldwell Banker Island Prop-KP
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