95 Ohukai Rd 3,304 SF Specialty Building Offered at $2,318,489 CAD in Kihei, HI 96753

Multi-Dwelling R-2 Asset | Walk to Beach | Value-Add & Portfolio Opportunity - - Rare opportunity to acquire a multi-dwelling, plantation-style property, just steps from a white-sand North Kihei beach. Positioned on a 0.371-acre R-2 lot, the property features three separate homes, providing immediate income diversification and multiple strategic exit paths. This asset is well-suited for investors seeking a stable Maui foothold with embedded upside through rental optimization, long-term hold, or future redevelopment potential consistent with R-2 zoning. The layout supports a variety of uses including long-term rentals, extended-stay housing, or a hybrid owner-user/income strategy. Located in a supply-constrained coastal submarket with limited new multifamily development, 95 Ohukai Road offers highly desirable location, sustainable demand, strong tenant appeal, and the flexibility to adapt as market conditions evolve. This is a scarce opportunity to secure a solid multi-family asset within walking distance to the beach in North Kihei.
Appointment required, easy to arrange a showing, contact Thad - Thad@kokuarealty.com / 808 633-2555. 2nd home located at 95 Ohukai Rd and 95-A Ohukai Rd Guest Ohana are vacant and on lockbox. 89 Ohukai on corner of Ohukai Rd and Kenolio Rd is occupied on a set term until June 30, 2026 then month to month and requires 48 Hr Notice minimum. Property is on public sewage system. Recently installed floors at 95A Ohukai Rd and fresh interior paint. All three structures are being sold unfurnished and without unattached personal belongings. Include "As-Is" and "Lead Based Paint" Addendums with all Offers due to one structure being built prior 1978. Agents and Buyers must independently verify anything they deem material to their purchase or to their offered purchase price, Maui county records may not accurately reflect structure descriptions. Please consider Mercy Palmer and Trisha Spencer-Kitayama team at Fidelity National Title in Wailea for Title and Escrow as they have already provided Preliminary Title Report and other services for this property.