$1,295,900
SOLD OCT 7, 2025

2575 S Kihei Rd Unit P403 Kihei, HI 96753

2 Beds
2 Baths
890 Sq Ft
8.6 Acres

Recently Sold

$1,456 Per Sq Ft

201 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Furnished
  • In Ground Pool
  • 8.6 Acre Lot
  • Outdoor Grill

About This Home

As of October 2025

Welcome to Maui Banyan #P403, a hotel-zoned, custom crafted, fully remodeled, top-floor retreat offering spectacular ocean views and year-round sunsets. Every inch of this breathtaking open concept 2-bed, 2-bath lock-off unit was meticulously redesigned by ADX Construction Inc. No expense was spared featuring high end custom cabinetry, beautiful quartzite countertops, stainless steel appliances, and tasteful furnishings—making it completely turn-key and move-in ready. Each spacious luxurious bedroom boasts its own private lanai with stunning ocean views, perfect for enjoying morning coffee or evening sunsets located on the quiet south side of the complex not facing the parking lot. Split AC systems in every room ensure year-round comfort. The lock-off layout provides each unit with its own private entrance which allows the flexibility for a rental or personal use. The studio side offers a peaceful open living space with a kitchenette, full bathroom and its own lanai. There is a connecting lockable door located between the one bedroom and the studio which allows the option for two short term rentals. Located in the heart of South Kihei, just across from Kamaole II Beach Park, you’re a short distance from lifeguarded beaches, restaurants, and shopping. Maui Banyan offers resort-style amenities, including two pools, two spas, tennis court, and twelve BBQ areas. Whether you're seeking a vacation rental or a personal tropical island getaway, this hotel-zoned opportunity delivers the ultimate Maui lifestyle. Don’t miss out on this exceptional property, schedule a showing today!

Last Agent to Sell the Property

Bradley MacArthur

Hawaii Life (W) License #RB-17807 Listed on: 02/08/2025

Hawaii Life (W)

Co-Listed By

Tyler MacArthur

Hawaii Life (W) License #RS-82798

Last Buyer's Agent

Cherie Dasmacci

Midway Realty LLC License #RB-21584

Midway Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,319

Year Built

  • Built in 1990

Parking

  • 1 Open Parking Space

Interior Spaces

  • 890 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Property is near an ocean
  • Outdoor Grill

Utilities

  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2390040050181

Community Details

Overview

  • High-Rise Condominium
  • Maui Banyan Community

Pet Policy

  • Pets Allowed

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,319

Year Built

Built in 1990

Lot Details

0

Listing Details

  • View: Ocean
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 9121
  • Co List Office Phone: 800-677-5028
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Chandelier, Furnished, Inventory, Kitchen Ware, Linens, TV Cable
  • LivingArea: 890
  • Property Attached Yn: Yes
  • Structure Type: High-Rise 4+ Stories
  • WindowFeatures: Blinds
  • Tax Year: 2024
  • Master Plan Zoning: H-2
  • Financial Info Electric: Overhead Electricity
  • Special Features: None

Interior Features

  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2

Exterior Features

  • Acres: 8.6
  • View: Yes
  • Waterfront Features: Across Street from Ocean
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Block
  • Exterior Features: Barbecue, Tennis Court(s)
  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Utilities: Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 374616
  • ResoLotSizeUnits: Acres
  • Parcel #: 2390040050181
  • Zoning Description: Hotel District

Green Features

Rental Info

  • Pets Allowed: Yes
  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 16319.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2025
Closed on
Sep 29, 2025
Sold by
Mullin Barbara A
Bought by
Martin Family Revocable Trust and Martin
Seller's Agent
Bradley MacArthur
Hawaii Life (W)
Buyer's Agent
Cherie Dasmacci
Midway Realty LLC
List Price
$1,299,900
Sold Price
$1,295,900
Premium/Discount to List
-$4,000
-0.31%
Views
448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.77%
Original Mortgage
$300,000
Outstanding Balance
$300,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$985,290

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jun 27, 2022
Sold by
Monkseals And Triggerfish Llc
Bought by
Mullin Barbara A
Seller's Agent
Patrick Franta
Coldwell Banker Island Prop(S)
Buyer's Agent
Patrick Franta
Coldwell Banker Island Prop(S)
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%

Purchase Details

Listed on
Apr 6, 2020
Closed on
Apr 21, 2021
Sold by
Oepkes Grant E and Oepkes Lisa A
Bought by
Monkseals And Triggerfish Llc
Seller's Agent
Ken Smith
Coldwell Banker Island Prop(S)
Buyer's Agent
Patrick Franta
Coldwell Banker Island Prop(S)
List Price
$775,000
Sold Price
$765,000
Premium/Discount to List
-$10,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.93%

Purchase Details

Closed on
Jan 12, 2006
Sold by
Hayes Michael L and Brokaw Cathy M
Bought by
Oepkes Grant E and Oepkes Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,600
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 10, 2003
Sold by
Liuzzi Rocky A and Liuzzi Doreen
Bought by
Hayes Michael L and Brokaw Cathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,250
Interest Rate
5.53%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,295,900 Fidelity National Title
Warranty Deed -- Hookele Title
Warranty Deed -- Hookele Title
Deed -- Or
Warranty Deed $582,000 Fntic
Deed $327,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $465,600 Fannie Mae Freddie Mac
Previous Owner $245,250 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2025 10/07/25 Sold $1,295,900 -0.3% $1,456 / Sq Ft
08/28/2025 08/28/25 Pending -- -- --
08/09/2025 08/09/25 For Sale $1,299,900 +0.3% $1,461 / Sq Ft
08/09/2025 08/09/25 Off Market $1,295,900 -- --
06/21/2025 06/21/25 Price Changed $1,299,900 -1.9% $1,461 / Sq Ft
06/12/2025 06/12/25 Price Changed $1,325,000 -1.8% $1,489 / Sq Ft
04/25/2025 04/25/25 Price Changed $1,349,000 -3.6% $1,516 / Sq Ft
04/17/2025 04/17/25 Price Changed $1,399,000 -1.8% $1,572 / Sq Ft
04/16/2025 04/16/25 Price Changed $1,425,000 -1.7% $1,601 / Sq Ft
03/31/2025 03/31/25 Price Changed $1,449,000 -2.0% $1,628 / Sq Ft
02/28/2025 02/28/25 Price Changed $1,479,000 -1.3% $1,662 / Sq Ft
02/18/2025 02/18/25 Price Changed $1,499,000 -3.0% $1,684 / Sq Ft
02/08/2025 02/08/25 For Sale $1,545,000 +28.8% $1,736 / Sq Ft
07/01/2022 07/01/22 Sold $1,200,000 0.0% $3 / Sq Ft View Prior Sale
06/14/2022 06/14/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $1,200,000 +56.9% $3 / Sq Ft
04/29/2021 04/29/21 Sold $765,000 -2.5% $2 / Sq Ft View Prior Sale
03/04/2021 03/04/21 Pending -- -- --
02/06/2021 02/06/21 Price Changed $785,000 +1.3% $2 / Sq Ft
07/30/2020 07/30/20 For Sale $775,000 +1.3% $2 / Sq Ft
07/29/2020 07/29/20 Off Market $765,000 -- --
07/11/2020 07/11/20 Price Changed $775,000 +3.1% $2 / Sq Ft
06/12/2020 06/12/20 Price Changed $752,000 -3.0% $2 / Sq Ft
04/06/2020 04/06/20 For Sale $775,000 -- $2 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,319 $1,456,000 $129,200 $1,326,800
2024 $16,319 $1,282,900 $129,200 $1,153,700
2023 $11,212 $946,200 $129,200 $817,000
2022 $9,058 $764,400 $41,000 $723,400
2021 $3,967 $727,800 $36,500 $691,300
2020 $7,836 $707,200 $36,500 $670,700
2019 $6,661 $619,600 $33,400 $586,200
2018 $5,240 $564,700 $30,400 $534,300
2017 $5,302 $0 $0 $0
2016 $2,941 $617,100 $29,000 $588,100
2015 $306 $550,000 $29,000 $521,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 404913

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-004-005-0181