Hawaii Living

Maui Eldorado #K-107 (Kaanapali)

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2661 Kekaa Dr #K-107, Lahaina

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Description
The Maui Eldorado resort is right in the heart of Kaanapali - one of the most recognized resort names in the world. With slightly over 200 studio, one bedroom and two bedroom units, three pools and a private beach cabana (for the exclusive use of owners and Eldorado guests), the two story resort is well designed to provide owners and guests with a piece of paradise on the island of Maui. This spacious studio (570 interior square feet and an additional 92 square feet of covered lanai) has been renovated and is fully furnished, including central a/c and a washer/dryer in the unit. Maui Eldorado is "part fee simple/part leasehold", meaning the owners collectively possess 10% of the common land and the remainder is held by the Hoyle Trust. Ownership at the Maui Eldorado allows you to live there full time, use it as a second home or rent it on a short term (as little as one night at a time) or long term basis, giving you the ultimate in owner usage flexibility. Please do not miss this opportunity... it is "simply wow"! Ask your Realtor to share how this unit can provide positive pre-tax cash flow, even with a mortgage and a rental manager!
Past Activity
  • Feb 08, 2019 Sold for $240,000
  • Jan 19, 2019 Under Contract
  • Aug 31, 2018 Listed at $249,000
More Details
  • HOA Fees / ft²: $1.24
  • Price / ft²: $421
  • Zoning: A-2
  • View: Garden
  • Security Features: Smoke/Heat Detector, Security Guard
  • TMK: 2440080210171
  • Courtesy: Hawaii Life (KAP) / 808-283-2420
  • MLS: 379744
Good to Know
  • Address: 2661 Kekaa Dr, Lahaina, HI 96761.
     
  • Built: 1968, 204 Studio – 2BR Units in 12 2-Story Buildings on 10.2 Acres.
     
  • Amenities: 3 Pools, Fitness Center, Recreation Area, Beach Cabana Club House, BBQs.
     
  • Short-term Vacation Renting: Allowed.
     
  • Mostly Leasehold Units: Lease expires in 2043.

The Maui Eldorado property sits just on the shoreline side of the Honoapiilani Hwy, bordered by golf course fairways on its north, west and south. The fairways in front of the property go all the way to the shoreline, providing an   .....
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 Maui Eldorado Listings
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Leasehold
$585,000
Maui Eldorado #K210
Studio | 1 Ba
570 ft²
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Leasehold
$625,000
Maui Eldorado #D103
1 Bd | 2 Ba
960 ft²
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Leasehold
$699,000
Maui Eldorado #J113
1 Bd | 1 Ba
960 ft²
Other Kaanapali Condos
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$299,000
Maui Lani Terraces #B304
Studio | 1 Ba
357 ft²
  • Sold 2/8/19 at $240,000
    (List Price: $249,000)
Description
The Maui Eldorado resort is right in the heart of Kaanapali - one of the most recognized resort names in the world. With slightly over 200 studio, one bedroom and two bedroom units, three pools and a private beach cabana (for the exclusive use of owners and Eldorado guests), the two story resort is well designed to provide owners and guests with a piece of paradise on the island of Maui. This spacious studio (570 interior square feet and an additional 92 square feet of covered lanai) has been renovated and is fully furnished, including central a/c and a washer/dryer in the unit. Maui Eldorado is "part fee simple/part leasehold", meaning the owners collectively possess 10% of the common land and the remainder is held by the Hoyle Trust. Ownership at the Maui Eldorado allows you to live there full time, use it as a second home or rent it on a short term (as little as one night at a time) or long term basis, giving you the ultimate in owner usage flexibility. Please do not miss this opportunity... it is "simply wow"! Ask your Realtor to share how this unit can provide positive pre-tax cash flow, even with a mortgage and a rental manager!
    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 08, 2019 Sold for $240,000
    • Jan 19, 2019 Under Contract
    • Aug 31, 2018 Listed at $249,000
    • Address: 2661 Kekaa Dr, Lahaina, HI 96761.
       
    • Built: 1968, 204 Studio – 2BR Units in 12 2-Story Buildings on 10.2 Acres.
       
    • Amenities: 3 Pools, Fitness Center, Recreation Area, Beach Cabana Club House, BBQs.
       
    • Short-term Vacation Renting: Allowed.
       
    • Mostly Leasehold Units: Lease expires in 2043.

    The Maui Eldorado property sits just on the shoreline side of the Honoapiilani Hwy, bordered by golf course fairways on its north, west and south. The fairways in front of the property go all the way to the shoreline, providing an   .....
    Read more.





    Other Maui Eldorado Listings
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    Leasehold
    $585,000
    Maui Eldorado #K210
    Studio | 1 Ba
    570 ft²
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    Leasehold
    $625,000
    Maui Eldorado #D103
    1 Bd | 2 Ba
    960 ft²
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    Leasehold
    $699,000
    Maui Eldorado #J113
    1 Bd | 1 Ba
    960 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.
    Leasehold Expiry: 01/01/43
    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.