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$575,000
2 Beds ⋅ 1 Baths ⋅ 410104 MLS ⋅ Fee Simple Tenure ⋅ Kalama Terrace BLDG.
Welcome to this top-to-bottom remodeled 2-bedroom, 1-bath corner unit at Kalama Terrace in the heart of Kihei. Sitting on the second floor with garden and sunset views, this 685-square-foot condo is a top-performing vacation rental in South Maui - featuring a near-perfect 4.96-star rating, grossing $100,000 in 2025, and occupancy rates increasing year-over-year. A long-term owner or short-term guest will appreciate the clean, modern vibe and thoughtful details in every room: the professionally designed ocean- and mountain-themed bedrooms, a TV and silent split AC in every room, as well as a fully stocked kitchen like it's your home away from home. The primary bedroom features a motorized lift king bed, the second bedroom another motorized queen bed, and the pull-out sofa in the living room means the unit comfortably sleeps up to six. Adorned with string lights, the private lanai is the perfect spot for morning coffee or a sunset glass of wine. Kalama Terrace is a pet-friendly complex, a rare and valuable feature in the Kihei condo market, making it an exceptional choice for buyers whose guests or tenants travel with their furry friends. The location is unbeatable. Just steps from South Kihei Road, you can walk to Kalama Park, Cove Beach, The Cove surf break, beach volleyball courts, restaurants, bars, grocery stores, and some of the best people-watching sunsets on the island. The three Kamaole beaches are a short walk or quick drive and the Wailea Resort is just minutes away. The unit comes fully furnished and equipped with everything you need, including beach gear, snorkels, chairs, and more, making it great for a truly turnkey short-term rental investment. Community amenities include a pool, BBQ area, cabana, and on-site laundry. One assigned parking space plus guest parking is included. With exceptional rental revenue, several years of short-term rental ability, and an HOA motivated to keep it so, this could be the perfect transition property for a 1031 exchange and also makes a great place to call home. Call your REALTOR® today to schedule a showing!

35 Walaka St Unit P203, Kihei

Listing courtesy of Coldwell Banker Island Prop-KP.

$340,000
1 Beds ⋅ 1 Baths ⋅ 409795 MLS ⋅ Fee Simple Tenure ⋅ Kalama Terrace BLDG.
Price adjusted to $340K plus a $5K Credit at closing. Kalama Terrace is a prime Kihei condo a block from Charley Young Beach and Cove Park! The condo is spacious with lots of natural light & cool breezes, which creates a welcoming atmosphere. The covered lanai is perfect for unwinding after a day at the beach. A portable A/C keeps the space cool during those warm evenings. Residents have easy access to stunning shorelines & a variety of recreational activities, including swimming, stand-up paddleboarding, and surfing. The vibrant neighborhood is rich with dining options and shopping, enhancing your island lifestyle. With Piilani Village Shopping Center & Azeka Shopping Center minutes away, convenience is at your fingertips. Don’t miss out on this island gem! Embrace the opportunity to own this beautiful property in a sought-after location. The building currently allows short-term rentals, providing excellent investment potential, although this will be phased out by January 1, 2031. Monthly HOA fee cover Electricity/Gas/Water/Sewer/Trash/CAM This condo is sold furnished, including all contents (excluding the TV, staging bedding, and staging kitchen linens) and is sold “as is.”

35 Walaka St Unit L211, Kihei

Listing courtesy of RE/MAX Honolulu.

$499,900
1 Beds ⋅ 1 Baths ⋅ 408613 MLS ⋅ Fee Simple Tenure ⋅ Kalama Terrace BLDG.
Modern Island Living at Kalama Terrace L306. Sophisticated. Fresh. Steps from the shore. Experience a refined take on Kihei living in this meticulously renovated one bedroom one bath residence at Kalama Terrace. Situated at 35 Walaka Street, this unit offers a perfect blend of modern luxury and effortless Island accessibility. The residence; Step inside a bright, sun-drenched space where every detail has been thoughtfully updated. The 535-square-foot interior feels remarkably expansive thanks to a crisp, clean palette and a cohesive design language. Renovated kitchen, featuring sleek new cabinetry, premium counter tops, and a suite of new appliances. Modern flooring through out every room, designer bath includes tile, new vanities and contemporary finishes. Turnkey ready: offered with a sophisticated local aesthetic- ideal as a streamline primary home or a high-end vacation retreat. The lifestyle Kalama Terrace isn't just a complex; the well maintained grounds ave recently seen beautiful upgrades to the pool side BBQ area, creating an inviting space for evening gatherings after a day at the beach. The location- Leave the car behind. From your front door you are three minuets to the golden sand of Charlie Young Beach and the legendary surf breaks at the Cove. The vibrant energy of Kalama Park and the electric dining and shopping of Kihei Town. Centrally located for easy access tot he world-class golf and resorts of Wailea! This is a rare opportunity to own a "LKE NEW" property in one of Kihei's most convenient and beloved corridors.

35 Walaka St Unit L306, Kihei

Listing courtesy of Millennium Realty Inc.