R-2 Zoned Single Family | Palma Park Kihei | Flexible Living & Investment Potential — Unique opportunity to acquire a spacious 6-bedroom, 5-bath residence situated on a 7,650 sf R-2 zoned lot in the established Palma Park neighborhood of Kihei. Offering approximately 2,472 sf of living area with air conditioning throughout, the home is currently configured into four separate living spaces, creating exceptional flexibility for extended family living, multi-generational households, or a variety of owner-user and income-oriented strategies. Two separate driveway entrances create ample room for multiple vehicles. A new roof was installed in 2026. One living space is currently vacant, presenting an attractive opportunity for an owner-occupant to move in immediately while generating rental income from the remaining occupied spaces. R-2 zoning provides an additional layer of long-term potential consistent with future redevelopment or lot utilization strategies as market conditions evolve. Conveniently located near shopping, schools, parks, dining, and South Maui's renowned beaches, with easy access to Kahului, Wailea, and Central Maui, this property presents a rare chance to secure a versatile R-2 asset in one of Kihei's most established residential neighborhoods.
For sale
$1,288,000
388 Kinaole Cir, Kihei, HI 96753
6beds
5baths
2,472sqft
Single Family Residence, Residential
Built in 1973
7,649 Square Feet Lot
$1,202,800 Zestimate®
$521/sqft
$-- HOA
What's special
Two separate driveway entrancesAir conditioning throughout
- 55 days
- 302
- 18
Zillow last checked:
Listing updated:
Listed by:
Keoni Fursse RB-16700 808-280-6556,
Kokua Realty LLC,
Thaddeus Marckesano RB-19711 808-633-2555,
Kokua Realty LLC
Source: RAM,MLS#: 410581
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Primary bedroom
- Level: Ground
Interior area
- Total structure area: 2,472
- Total interior livable area: 2,472 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport, No Garage
- Carport spaces: 1
Features
- Patio & porch: Covered Lanai/Deck
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Size: 7,649 Square Feet
Details
- Parcel number: 2390290120000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Condition
- Year built: 1973
- Major remodel year: 2016
Community & HOA
Community
- Subdivision: La Palma Park
Location
- Region: Kihei
Financial & listing details
- Price per square foot: $521/sqft
- Tax assessed value: $1,246,600
- Annual tax amount: $7,991
- Date on market: 8/21/2026
Estimated market value
$1,202,800
$1.14M - $1.26M
$5,281/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $1,288,000+187.8%$521/sqft |
Source: | ||
| 6/17/2016 | Sold | $447,500-2.7%$181/sqft |
Source: | ||
| 4/29/2016 | Price change | $460,000-4.8%$186/sqft |
Source: NextHome Pacific Properties #368996 Report a problem | ||
| 3/30/2016 | Listed for sale | $483,000-12%$195/sqft |
Source: NextHome Pacific Properties #368996 Report a problem | ||
| 9/14/2015 | Sold | $549,000-22.7%$222/sqft |
Source: Public Record Report a problem | ||
| 1/31/2006 | Sold | $710,000+330.3%$287/sqft |
Source: Public Record Report a problem | ||
| 9/15/1998 | Sold | $165,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,991 +35.5% | $1,246,600 +24.2% |
| 2024 | $5,898 +15.2% | $1,003,300 +14.6% |
| 2023 | $5,119 +24.1% | $875,100 +24.1% |
| 2022 | $4,124 +13.7% | $704,900 +5.9% |
| 2021 | $3,627 +5.9% | $665,500 -1% |
| 2020 | $3,425 -7.3% | $671,900 +9.9% |
| 2019 | $3,696 | $611,600 -8.6% |
| 2018 | $3,696 +2.6% | $669,500 |
| 2017 | $3,603 -0.4% | -- |
| 2016 | $3,618 | $682,700 +15.5% |
| 2015 | -- | $591,100 +10.3% |
| 2014 | $1,492 | $535,700 +65.9% |
| 2004 | -- | $322,900 +27.9% |
| 2003 | -- | $252,400 +52.3% |
| 2002 | $574 | $165,700 |
| 2000 | -- | -- |
| 1999 | -- | $195,500 |
Find assessor info on the county website
Monthly payment
Est. payment





