4038 Mahinahina Place Lahaina, HI 96761
Estimated payment $9,331/month
Total Views
747
6
Beds
4
Baths
2,538
Sq Ft
$660
Price per Sq Ft
Highlights
- Solar Power System
- Lanai
- No Heating
- Mountain View
- Ceiling Fan
About This Home
Nestled in the vibrant heart of Honokowai within the Mahinahina neighborhood, lies a remarkable property that blends the tranquility of island living with the practical allure of income generation. This unique residence, featuring a main house and a detached cottage, offers four independent sources of income, making it a compelling choice for investors and multi-generational homeowners seeking both comfort and returns in one of Maui’s most sought-after locales. In this pocket of paradise, the property stands out not only for its residential appeal but also for its potential as a lucrative investment. Recently replaced were 2 sliding glass doors, main house hot water heater & washer and coin washer and dryer. PVL panels for lower electricity bills have been prepaid for the next 15 years, so no lease payments. This home and detached cottage in Mahinahina’s Honokowai neighborhood provide a unique opportunity to combine island living with solid investment returns. With four sources of income and prepaid solar panels, it stands as a testament to thoughtful ownership and future-oriented planning. The property’s strategic location, versatile layout, and commitment to sustainability make it not just a place to live, but a foundation for long-term prosperity. The Main house is configured as 3/2, 2/1, 1/1. The tenants have been here for many years. All leases end December 31, 2025.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,300
Year Built
- Built in 1985
Interior Spaces
- 2,538 Sq Ft Home
- Ceiling Fan
- Blinds
- Mountain Views
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Eco-Friendly Details
- Solar Power System
- Solar owned by a third party
Utilities
- No Heating
- Cable TV Available
Additional Features
- Lanai
- 8,542 Sq Ft Lot
Community Details
- Mahinahina Subdivision
Listing and Financial Details
- Assessor Parcel Number 2430090210000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $8,046 | $1,318,400 | $786,000 | $532,400 |
| 2024 | $8,046 | $1,256,000 | $746,700 | $509,300 |
| 2023 | $2,939 | $1,179,700 | $668,100 | $511,600 |
| 2022 | $6,167 | $1,039,600 | $573,800 | $465,800 |
| 2021 | $5,445 | $979,400 | $573,800 | $405,600 |
| 2020 | $5,501 | $988,600 | $573,800 | $414,800 |
| 2019 | $4,904 | $875,700 | $471,600 | $404,100 |
| 2018 | $4,784 | $866,700 | $424,500 | $442,200 |
| 2017 | $4,459 | $0 | $0 | $0 |
| 2016 | $4,089 | $771,500 | $361,600 | $409,900 |
| 2015 | -- | $732,900 | $361,600 | $371,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | For Sale | $1,675,000 | -- | $660 / Sq Ft |
Source: Maui MLS (REALTORS® Association of Maui)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $1,185,000 | Fam | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $471,600 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $477,625 | New Conventional | |
| Previous Owner | $625,000 | Unknown | |
| Previous Owner | $242,000 | Credit Line Revolving | |
| Previous Owner | $377,280 | No Value Available |
Source: Public Records
Similar Homes in Lahaina, HI
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 406995
APN: 2-4-3-009-021-0000
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