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$ 1,395,000
Est. payment /mo
Active
500 Bay Dr #12B3 Lahaina, HI 96761
1 Bed
2 Baths
995 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 995 sqft
Price per Sqft $1,402
Subdivision Kapalua Bay Villas
MLS Listing ID 409833
Bedrooms 1
HOA Fees $947/mo
HOA Y/N Yes
Year Built 1977
Annual Tax Amount $19,735
Tax Year 2025
Lot Size 16.450 Acres
Acres 16.45
Property Sub-Type Condominium
Property Description
What is the first thing you notice about Kapalua Bay Villas 12B3 when you walk through the front door? The ocean view you've been dreaming about! 12B3 looks out to the Pacific ocean like no other. In my opinion its even a better view than many ocean front units! With a line of sight running out toward the friendly isle of Molokai across the channel and up the coast toward world famous Honolua Bay. The building's elevation puts you above the noise, perched over the buildings and vegetation rather than looking through it. Open horizon, evening color, and rainbows come with the orientation. In the back of your mind, you think the view can't get any better..but then you reach the second floor, and that view literally stops conversation with admiration.The primary upper bedroom claims the entire upper level, and from the bed the floor to ceiling windows frame the open Pacific and the island of Molokai with a view that simply cannot be described adequately with mere words. Step onto the covered upper lanai with coffee in the morning or a drink as the day winds down and the channel is laid out in front of you, Molokai holding the horizon, the surf working below, the sun dropping into the water and lighting up the whole room behind you. This is the view people travel to Maui hoping to catch from a restaurant, and here it is the thing you live with. Nights are quiet and dark enough for stars, and in season the whales move through the channel right in front of you. A bedroom that does this is rare anywhere on this coast, and it is the reason this residence stays with people long after the showing ends. The rest of the residence is built for how most people want Maui to actually live. You enter on the parking lot level, as close as possible to the gated entry and step straight inside, no stairs after the drive from the airport, groceries and boards and luggage moving in one clean trip. The lower floor opens to a great room where the Pacific fills the space, with a three quarter bath that gives visiting family their own corner. Upstairs, the master holds the full bath and the washer and dryer where you want them. There is a unit below and no one above you. At 995 square feet across two levels, 12B3 lives well beyond its footprint. Two bathrooms separate it from nearly every one bedroom condo on Maui, which makes it a real option for couples traveling with friends or a small family rather than a tight retreat for two. Sold fully furnished and turnkey, central air throughout, short term rentals permitted for now and with a rental history that speaks for itself. The community sits on sixteen oceanfront acres with three heated pools, BBQ pavilions, tennis courts striped for pickleball, and direct access to the Kapalua Coastal Trail. Oneloa Beach, the the former Montage Kapalua Bay (now a St. Regis Estates branded 5 Star Resort), and the Plantation Course clubhouse are all within striking distance, and the Tennis Garden's sixteen pickleball courts and Napili Bay sit just down the road. Here is what a buyer who knows this market will see. The most desirable one bedroom floor plan in the complex, two baths, direct entry, the perched unobstructed MASSIVE view, turnkey and producing income, all at a number that crushes any of the competing listings. Run the comparables and the position becomes obvious. Floor plans like this do not sit, and a view like the one off that upper lanai does not come back to market on a schedule. The owners who waited on the last well priced unit in this complex are the ones still watching the listings. Don't let that be you.
Location
State HI
County Us
Area Kapalua
Building/Complex Name Kapalua Bay Villas I
Zoning A-2
Interior
Interior Features Bookcases, Ceiling Fan(s), Chandelier, Furnished, TV Cable
Fireplace No
Window Features Blinds,Drapes
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Exterior
Exterior Feature Barbecue, Tennis Court(s)
Pool In Ground
Utilities Available Sewer Connected, Phone Connected, Cable Connected
Waterfront Description Ocean Front
View Y/N Yes
View Ocean
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Others
Pets Allowed No
Security Features Security Guard
Virtual Tour https://sites.mauiphotography.org/vd/249774201
Listed by Real Broker • Cell: 808-298-2030
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