Papakea Resort Fee Simple Condo Offers Ideal Oceanfront Living on Maui
In my last post I talked about the difficulty in finding a well priced oceanfront home on Maui. Well, maybe this is the next best thing. Papakea Resort is an oceanfront complex right on the border of Kaanapali and Honokowai.
This started out as a leasehold and a number of the condos here are still under leasehold rules. However, the fee has been available to purchase for some time, making these leasehold into fee simple. The condo I am referring to today has been converted to fee simple.
Next Best Thing to a Beachfront Home on Maui
This is a 3 bedroom, 3 bath, top floor, oceanfront, ocean facing condo with over 1,200 sq. feet of living space. Papakea is going through some major renovations right now and they are taking one building at a time. Building A, where this unit is, just finished and will be good for years to come.
Papakea Resort #A405 (MLS# 356606)
This Papkea Resort condo is priced under $1 million at $999,000. You just won’t find something of this size with this location in that price range. Papakea Resort has the Aston rental pool onsite if you choose to have someone manage it for you. They are always busy and full.
Papakea Resort #A405 Videos
I took a short video showing how close the water is from the building
Walking video of the unit itself, which gives you an idea of its layout and feel
This unit has some dated things that could use a change, but the price is right for beachfront. Maintenance fees are reasonable for a 3 bedroom unit at $1,223.00 per month.
Papakea Resort – A Popular Vacation Destination on Maui
Papakea has been one of the most popular destination for tourists with its great location. This is the only 3 bedroom unit currently for sale in Papakea. I have been looking at all the better sized oceanfront listings in condos and homes, and this one is a great value. There is shopping and dining within walking distance and great beaches very near by.
Building A is direct facing oceanfront
Feel free to contact me with any questions.