Hawaii Living

Kapalua Bay Villas #15G123 (Kapalua)

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500 Bay Dr #15G123, Lahaina

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Description
Rarely does a single-level, ground floor, fully renovated property become available for purchase. With all of the hard work done, all you need to do is bring your beach chairs. Kapalua Bay Villas 15G123 is a two-bedroom, three-bathroom unit spaciously spread across 1,529 sq. ft. of single-level living. Breathtaking ocean, sunset & island views await you from this pristine tropical oasis. The property is perfect for an investor or for a 1031 exchange property. The unit has historically been a high-performance rental, with Q1 2024 projected gross rental revenue of $44k. A major renovation was completed in 2020. The extensive scope of work included custom Sapele wood cabinetry in kitchen, living room and bathrooms. All countertops in kitchen and bathrooms were upgraded to an exquisite blue fusion polished quartz and the kitchen was appointed with stainless steel GE appliances. In addition to new cabinetry, bathroom upgrades also included custom made LED lighted wall mirrors by Electric Mirror and stunning Spanish ceramic tile backsplashes by Porcelanosa. All windows and doors were replaced, including a new solid mahogany front door. Hunter Douglas plantation shutters were installed in both bedrooms to complement the existing room darkening woven wood shades. Electrical outlets and bulbs were replaced throughout the unit to maximize efficiency, and all ceiling fans were upgraded to Minka Aire Artemis ceiling fans. Last but certainly not least, the unit was fully repainted w
Past Activity
  • Feb 26, 2024 Sold for $2,950,000
  • Jan 18, 2024 Under Contract
  • Dec 04, 2023 Listed at $2,980,000
  • Nov 25, 2019 Sold for $1,400,000
  • Nov 06, 2019 Under Contract
  • May 01, 2019 Listed at $1,495,000
More Details
  • HOA Fees / ft²: $1.47
  • Price / ft²: $1,929
  • View: Ocean
  • Security Features: Smoke/Heat Detector
  • TMK: 2420010240018
  • Courtesy: Coldwell Banker Island Prop-KP / 808-344-2677
  • MLS: 400433
Good to Know
  • Address: 500 Bay Dr, Lahaina, HI 96761.
     
  • Built: 1977, 141 1 & 2BR Units in 27 1 & 2-Story Buildings on 16 Acres.
     
  • Amenities: 3 Pools, 2 Tennis Courts, BBQs, Recreation Area.
     
  • Short-term Vacation Renting: Allowed.
     
  • Developer: Kapalua Land Co.

Kapalua Bay Villas is a gated, oceanfront community that looks out at the waters of Oneloa Bay. The residences are one bedroom & two bedroom with interiors of 989 to 1,547 Sq Ft and 2 or 3 lanais on the exterior. One bedrooms make up about 2/3 of the homes here. Both the one and two be  .....
Read more.





The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
Other Kapalua Bay Villas Listings
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$2,900,000
Kapalua Bay Villas #28B2
2 Bds | 3 Ba
1,447 ft²
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$3,200,000
Kapalua Bay Villas #23B3
2 Bds | 3 Ba
1,503 ft²
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$3,298,000
Kapalua Bay Villas #29B-1,2
2 Bds | 3 Ba
1,447 ft²
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$2,395,000
Kapalua Bay Villas #37B2-4
2 Bds | 3 Ba
1,503 ft²
Other Kapalua Condos
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$3,200,000
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$3,250,000
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$2,490,000
Kapalua Golf Villas #25T3
3 Bds | 2 Ba
1,661 ft²
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$1,995,000
Kapalua Ridge #413-15
2 Bds | 3 Ba
1,778 ft²
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$2,895,000
Kaanapali Alii #4-605
2 Bds | 2 Ba
1,690 ft²
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$2,795,000
Honua Kai #SR247
2 Bds | 2 Ba
1,100 ft²
  • Sold 2/26/24 at $2,950,000
    (List Price: $2,980,000)
Description
Rarely does a single-level, ground floor, fully renovated property become available for purchase. With all of the hard work done, all you need to do is bring your beach chairs. Kapalua Bay Villas 15G123 is a two-bedroom, three-bathroom unit spaciously spread across 1,529 sq. ft. of single-level living. Breathtaking ocean, sunset & island views await you from this pristine tropical oasis. The property is perfect for an investor or for a 1031 exchange property. The unit has historically been a high-performance rental, with Q1 2024 projected gross rental revenue of $44k. A major renovation was completed in 2020. The extensive scope of work included custom Sapele wood cabinetry in kitchen, living room and bathrooms. All countertops in kitchen and bathrooms were upgraded to an exquisite blue fusion polished quartz and the kitchen was appointed with stainless steel GE appliances. In addition to new cabinetry, bathroom upgrades also included custom made LED lighted wall mirrors by Electric Mirror and stunning Spanish ceramic tile backsplashes by Porcelanosa. All windows and doors were replaced, including a new solid mahogany front door. Hunter Douglas plantation shutters were installed in both bedrooms to complement the existing room darkening woven wood shades. Electrical outlets and bulbs were replaced throughout the unit to maximize efficiency, and all ceiling fans were upgraded to Minka Aire Artemis ceiling fans. Last but certainly not least, the unit was fully repainted w
    The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
    • Feb 26, 2024 Sold for $2,950,000
    • Jan 18, 2024 Under Contract
    • Dec 04, 2023 Listed at $2,980,000
    • Nov 25, 2019 Sold for $1,400,000
    • Nov 06, 2019 Under Contract
    • May 01, 2019 Listed at $1,495,000
    • Address: 500 Bay Dr, Lahaina, HI 96761.
       
    • Built: 1977, 141 1 & 2BR Units in 27 1 & 2-Story Buildings on 16 Acres.
       
    • Amenities: 3 Pools, 2 Tennis Courts, BBQs, Recreation Area.
       
    • Short-term Vacation Renting: Allowed.
       
    • Developer: Kapalua Land Co.

    Kapalua Bay Villas is a gated, oceanfront community that looks out at the waters of Oneloa Bay. The residences are one bedroom & two bedroom with interiors of 989 to 1,547 Sq Ft and 2 or 3 lanais on the exterior. One bedrooms make up about 2/3 of the homes here. Both the one and two be  .....
    Read more.





    Other Kapalua Bay Villas Listings
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    $2,900,000
    Kapalua Bay Villas #28B2
    2 Bds | 3 Ba
    1,447 ft²
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    $3,200,000
    Kapalua Bay Villas #23B3
    2 Bds | 3 Ba
    1,503 ft²
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    $3,298,000
    Kapalua Bay Villas #29B-1,2
    2 Bds | 3 Ba
    1,447 ft²
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    $2,395,000
    Kapalua Bay Villas #37B2-4
    2 Bds | 3 Ba
    1,503 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.