One-Bedroom Resort
For Sale
$86,000
620e-2481 Kaanapali Pkwy, Lahaina, HI 96761
Time-interval suite with a private lanai, updated finishes, and access to extensive beachfront resort amenities.
Property Size901 SF
Price / SF$95.45
Days on Market160
Property Features for 620e-2481 Kaanapali Pkwy
General Information
Standard status
Active
Size
901 SF
Property subtype
Residential Income
Zoning
hotel
Amenities
ocean view pool
state of the art workout facility
tennis courts
business center
Beachside BBQs
on-site concierge services
beach activity kiosk
lush courtyard featuring tropical landscaping and a Koi fish pond
Listing Agency:
Keller Williams Realty Maui-L
Listed By:
Katie Zimmerman RS-75832
(808) 280-8986
Source:
Exprealty
Added: May 19
Changed: Oct 2
Last Checked: Oct 24 at 10:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Maui-L
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This one-bedroom, one-bathroom resort suite is offered as Whaler Time Interval 620E, with occupancy from February 22 to March 8. The 620 suite includes tile flooring, hardwood cabinetry, granite countertops, stainless steel appliances, and a lanai for outdoor use. The property size is listed as 901.
Resort amenities include an ocean-view pool, workout facility, underground parking, tennis courts, business center, beachside BBQs, concierge services, and a beach activity kiosk. The landscaped courtyard features a koi pond. The resort is situated along Kaanapali Beach, near Black Rock, shopping, dining, and championship golf courses. The property is zoned hotel.
Resort amenities include an ocean-view pool, workout facility, underground parking, tennis courts, business center, beachside BBQs, concierge services, and a beach activity kiosk. The landscaped courtyard features a koi pond. The resort is situated along Kaanapali Beach, near Black Rock, shopping, dining, and championship golf courses. The property is zoned hotel.
Key Highlights
- Whaler Time Interval 620E with occupancy from February 22 to March 8
- One‑bedroom, one‑bathroom suite with a private lanai
- Tile flooring, hardwood cabinetry, granite countertops, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,392
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$107,840
$107.8K
Cap Rate 7%
$77,029
$77.0K
Cap Rate 9%
$59,911
$59.9K
Market Conditions
NOI Build-Up for 901 SF
Gross rent
$18.9K $21.00/SF
− Vacancy
−$7.6K −$8.40/SF
EGI
$11.4K $12.60/SF
− OpEx
−$6.0K −$6.62/SF
NOI
$5.4K $5.98/SF
Area
Maui County, HI
Vacancy
40.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$107,840
Cap Rate 7%
$77,029
Cap Rate 9%
$59,911
Alternative Uses
Best Use
Hotel Hospitality
$77.0K
$67.4K – $89.9K
NOI $5,392 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$364.5K
$318.9K – $425.2K
NOI $25,514 @ 7.0% cap · market cap 29.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 96761, HI
23,167
Population
11,851
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
93%
High-School Grad
95.3 sq mi
ZIP Area
243
Density / Sq Mi
$94,229
Median Household Income
$45,107
Median Earnings
$2,099
Median Rent
$905,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Resort - Time-interval suite with a private lanai, updated finishes, and access to extensive beachfront resort amenities.
Where is this resort located?
The property is located at 620e-2481 Kaanapali Pkwy Lahaina, HI.
What is the asking price?
The asking price for this property is $86,000.
What are key features of this property?
This property features: Whaler Time Interval 620E with occupancy from February 22 to March 8; One‑bedroom, one‑bathroom suite with a private lanai; Tile flooring, hardwood cabinetry, granite countertops, and stainless steel appliances
