$1,349,000
$196K PRICE DROP

2575 S Kihei Rd Unit P403 Kihei, HI 96753

Estimated payment $8,875/month

Total Views 33,686
2 Beds
2 Baths
890 Sq Ft
$1,516 Price per Sq Ft

Highlights

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

About This Home

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!

Listing Agent

Bradley MacArthur

Hawaii Life (W) License #RB-17807

Hawaii Life (W)

Co-Listing Agent

Tyler MacArthur

Hawaii Life (W) License #RS-82798

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,319

Year Built

  • Built in 1990

Parking

  • 1 Open Parking Space

Home Design

  • Slab Foundation
  • Masonry

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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
  • Maui Banyan Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

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/Heat Detector
  • Co List Office Mls Id: 9121
  • Co List Office Phone: 800-677-5028
  • Subdivision Name: Maui Banyan
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Chandelier/Swag Lamp, 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: Masonry
  • Exterior Features: Tennis Court(s), Barbecue
  • Foundation Details: Concrete 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
  • ResoLotSizeUnits: Acres

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

Property History

Date Event Price Change Sq Ft Price
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
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
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)

Deed History

Date Type Sale Price Title Company
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 $370,000 Credit Line Revolving
Previous Owner $62,700 Credit Line Revolving
Previous Owner $465,600 Fannie Mae Freddie Mac
Previous Owner $245,250 Unknown
Source: Public Records

About the Listing Agent

Bradley MacArthur

Hawaii Life (W)

(808) 736-6389

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Brad comes from a family deeply rooted in Maui and the Maui Lifestyle. Growing up on Maui as a sixth generation “Kamaaina” (local), Brad and his family have been involved with Wailea Real Estate for over 40 years. “Fortunate-- does not begin to describe how lucky a kid can be growing up on these beaches and enjoying this climate. I truly believe Maui is the best place in the World—to live, vacation, retire or to get away from it all.”

Brad attended St. Anthony High School here on Maui,

Bradley's Other Listings

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    $2,695,000 Pending

    • 3 Beds
    • 3 Baths
    • 1,852 Sq Ft
    • 109 Hokai Place
    • Kihei, HI

    Welcome to 109 Hokai Pl, a stunning single-level 3-bedroom, 3-bath home with an added den/office space, perfectly blending modern elegance with island living. Completely remodeled in 2024, this home is loaded with upgrades to enhance your lifestyle. The chef’s kitchen features premium Bertazzoni and GE appliances, including a double oven, and an instant hot water system, perfect for culinary

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  • 130 Hokai Place, Kihei, HI 96753

    $3,850,000

    • 3 Beds
    • 3 Baths
    • 3,029 Sq Ft
    • 130 Hokai Place
    • Kihei, HI

    Welcome to 130 Hokai Pl, a virtually brand-new home in the highly sought-after Kilohana Kai Vistas neighborhood. Sitting on the Kihei/Wailea border, this prime location is just a short distance to the world-famous Keawakapu Beach. This fully furnished 3-bedroom, 2.5-bathroom home has never been lived in full-time, keeping it in pristine condition. Contemporary lines, designer lighting, and 9.5 to

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  • 3150 Wailea Alanui Dr Unit 2902, Kihei, HI 96753

    $2,395,000

    • 2 Beds
    • 3 Baths
    • 1,559 Sq Ft
    • 3150 Wailea Alanui Dr
    • Unit 2902
    • Kihei, HI

    Discover the epitome of island luxury in this beautifully remodeled 2-bedroom, 2.5-bath top-floor unit at Wailea Palms Residences. Every inch of this home has been thoughtfully redesigned, blending modern sophistication with the laid-back charm of Maui. The open floor plan is complemented by tile and wood flooring throughout, while split AC units ensure comfort year-round. Step out onto the

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  • 3300 Wailea Alanui Dr Unit 37B, Kihei, HI 96753

    $1,100,000

    • 1 Bed
    • 2 Baths
    • 952 Sq Ft
    • 3300 Wailea Alanui Dr
    • Unit 37B
    • Kihei, HI

    Experience Wailea Ekahi 37B, a beautifully appointed 1-bedroom, 2-bathroom ground floor unit in one of South Maui’s most sought-after beachfront communities. This exquisite condo features elegant travertine stone flooring throughout, seamlessly flowing out to the spacious lanai—perfect for indoor-outdoor island living. Stay cool and comfortable year-round with two efficient split A/C systems and

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  • 3300 Wailea Alanui Dr Unit 3D, Kihei, HI 96753

    $979,000

    • 1 Bath
    • 484 Sq Ft
    • 3300 Wailea Alanui Dr
    • Unit 3D
    • Kihei, HI

    Welcome to Wailea Ekahi #3D, a rare studio offering known as the “Treehouse Retreat”. Nestled on the second level, this charming unit boasts high vaulted ceilings and a lanai surrounded by lush greenery, including plumeria flowers, hibiscus, and palm trees creating a peaceful ambiance. The surrounding greenery of this unit really embraces the feeling of privacy with no onlookers able to view

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  • 3600 Wailea Alanui Dr Unit 708, Kihei, HI 96753

    $3,750,000

    • 2 Beds
    • 2 Baths
    • 1,259 Sq Ft
    • 3600 Wailea Alanui Dr
    • Unit 708
    • Kihei, HI

    Welcome to Wailea Elua unit #708 – a hotel zoned, stunning 2-bedroom, 2-bathroom top-floor condo with breathtaking ocean views. Located in the highly sought-after Wailea Resort, this fully furnished vacation rental unit features high vaulted ceilings, recessed lighting, and two separate lanais to enjoy Maui's incredible sunsets. The modern upgrades include granite countertops, stainless steel

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  • 67 Wailea Gateway Place Unit 6-204, Kihei, HI 96753

    $2,450,000

    • 3 Beds
    • 2 Baths
    • 1,386 Sq Ft
    • 67 Wailea Gateway Place
    • Unit 6-204
    • Kihei, HI

    Welcome to paradise at Keala O Wailea Unit #6-204! This luxurious 3 bedroom, 2-bathroom condominium presents pristine living in a breathtaking setting. From the moment you step inside, you're greeted with unparalleled elegance and comfort. Indulge in stunning ocean and mountain views, with the majestic peak of Haleakala visible on clear Maui days. Imagine savoring the spectacle of whale watching

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  • 3878 Wailea Ekolu Place, Kihei, HI 96753

    $12,500,000

    • 4 Beds
    • 5 Baths
    • 5,638 Sq Ft
    • 3878 Wailea Ekolu Place
    • Kihei, HI

    Experience the pinnacle of luxury at 3878 Wailea Ekolu Place, a masterpiece in the exclusive Wailea Golf Estates. This four bedroom, four full bath, plus 2 half bath residence boasts a breathtaking 180-degree ocean view, year-round sunsets and an unparalleled blend of elegance and function. A main floor bonus room may be utilized for a bedroom, craft room or a gym. Designed for seamless

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  • 16 Kilolani Ln Unit J102, Kihei, HI 96753

    $1,459,000 Sold Jan 10, 2025

    • 2 Beds
    • 2 Baths
    • 1,273 Sq Ft
    • 16 Kilolani Ln
    • Unit J102
    • Kihei, HI

    Welcome to Ke Ali'i Ocean Villas #J-102, a charming 2-bedroom, 2-bathroom, pet friendly condo located in the desirable J building-one of the few 2-story buildings in the community, offering enhanced privacy. Situated on the first level, this unit boasts West Maui Mountain views and a spacious grassy area off the front lanai, perfect for relaxing or entertaining. The interior is tiled throughout

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Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 404913

Maui MLS (REALTORS® Association of Maui)

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