About 265 Kenolio Rd
Just one block from the ocean, this distinctive Kihei estate blends lifestyle flexibility with long-term investment potential. Zoned R-2 and spanning 32,670 sq. ft., the property allows up to four homes and two ohanas—double its current layout of two homes and one ohana—making it ideal for multi-generational living, shared ownership, or creative housing use. Set amid lush tropical landscaping, the three separate dwellings offer privacy, generous parking, and versatile configurations. The two-story back house includes five bedrooms, five bathrooms, a full kitchen, and a kitchenette. The primary suite—known as “The Penthouse”—features a spa-style shower and rooftop deck with jacuzzi, ocean, and mountain views. The front house includes four bedrooms and two bathrooms, plus a private fully remodeled upstairs suite with its own entrance, wet bar, and bathroom. The recently built detached ohana is complete with a modern full kitchen, built in office space, Murphy bed, and full bath. Additionally, the ohana has an outdoor shower and enclosed outdoor half bath—ideal for rinsing off after a beach day. With no HOA, AC throughout, owned PV systems, two water meters, and a purchased transformer, this is a compelling buy-and-hold opportunity —perfect for those seeking long-term appreciation & expansion potential, or an income-generating compound on Maui. A strong fit for 1031 exchange buyers looking for flexibility, land value, and lifestyle.
