Just one block from the ocean, this rare estate in Kihei offers exceptional income and expansion potential. Zoned R2 and spanning 32,670 sq. ft., the property allows for up to four homes and two ohanas—double its current setup of two homes and one ohana—making it ideal for investors, employee housing, or multi-family living. The lush tropical grounds create privacy and a true island feel, surrounding three well-positioned dwellings with ample parking. The two-story back house features five private rooms with separate entrances (four with Murphy beds) and an upper-level unit complete with full kitchen, spa-style bath, large bedroom, living area, and rooftop deck with private jacuzzi and panoramic ocean and mountain views. The Back House can function as one large home or separate, private rentable units. The front house includes four bedrooms, two bathrooms, and a fully private upstairs unit with its own entrance, wet bar, remodeled bath, and living area—perfect as a separate rental or a mother-in-law suite. The detached Ohana includes a full kitchen and bathroom, plus an outdoor enclosed half-bath and shower—ideal for rinsing off after beach time. With no HOA, AC throughout, furnished interiors, an owned photovoltaic system, two water meters, and a purchased transformer, this unique property is fully equipped and ready for the next chapter—whether that’s expansion, rental income, or long-term vision.
For sale
Price cut: $293K (4/25)
$3,895,000
265 Kenolio Rd, Kihei, HI 96753
10beds
10baths
4,384sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$888/sqft
$-- HOA
What's special
True island feelLush tropical groundsDetached ohanaAmple parkingWet barFurnished interiorsMurphy beds
- 43 days
- on Zillow |
- 515 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 06:55am
Listing Provided by:
Monica Berney Cell:808-281-6339,
The Agency Maui
Source: RAM,MLS#: 405243

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Features
- Storage, Remodeled
Interior area
- Total structure area: 4,384
- Total interior livable area: 4,384 sqft
Video & virtual tour
Property
Features
- Exterior features: Lawn Sprinkler
- Spa features: Spa/Hot Tub
- Fencing: Wall/Fence
- Has view: Yes
- View description: Mountain/Ocean
- Has water view: Yes
- Water view: Mountain/Ocean
- Waterfront features: None
Lot
- Size: 0.75 Acres
- Topography: Gentle Slope
Details
- Parcel number: 2390150200000
- Zoning: R-2
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Electric: Overhead Electricity, Underground
- Sewer: Public Sewer
- Water: Public, County Water Meter Ins
Green energy
- Energy generation: Solar
Community & HOA
Location
- Region: Kihei
Financial & listing details
- Price per square foot: $888/sqft
- Tax assessed value: $1,574,500
- Annual tax amount: $4,873
- Date on market: 3/13/2025
- Electric utility on property: Yes
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