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For sale
  • $3,298,000

    500 Bay Dr Unit 34-B1-2, Lahaina, HI 96761

    2beds
    3baths
    1,697sqft
    : 
    $21,403/mo
    Get pre-qualified
    Condominium, Residential
    Built in 1976
    -- sqft lot
    $3,037,400 Zestimate®
    $1,943/sqft
    $2,580/mo HOA

    What's special

    Interior custom paintBreezway altair jalousie windowsNew air conditioning system
    YOUR wait is Over! Located in the arguably the finest, front-row location in all of the Kapalua coastline communities, Kapalua Bay Villas 34B1,2 provides the most dramatic views of the ocean, island, sunset, resort, Dragon’s Teeth (Makaluapuna Point) and the Kapalua Coastal Trail! This Villas is a 2-story, two-bedroom, three-bathroom direct-oceanfront villas spaciously spread across 1,697 sq. ft. Whale-watching can be enjoyed from the comfort & convenience from your Villas (of the lanai, dining area, great room & primary bedroom.) YOU will never need to leave your home! Snorkeling, surfing or swimming are daily excursions as the Villa is a convenient walk to both Kapalua Bay or Oneloa Bay. The best of luxury island living is a result of a thoughtful & extensive 2015 renovation. The scope of work included 1) complete kitchen renovation (including cabinetry, granite counter tops, drywall, plumbing, electrical and all appliances), 2) installation of Western Window sliding doors (dining room, primary bedroom lanai) & Breezway Altair jalousie windows, 3) redesign of great room entertainment center, 4) remodeled primary bedroom’s bathroom & lanai areas. Custom photography wall art and custom blinds were installed (2014). Additional recent upgrades & improvements include new air conditioning system (2025), interior custom paint (2025), Wayfair living room furniture (2024) & new W/D flooring (2025). Kapalua Bay Villas 34B1-2 has historically been a high performing member of a transient vacation rental program. This property is currently being used for short-term vacation rentals. It is zoned Apartment (A-2) and it is permitted to be used as a transient vacation rental pursuant to County Code Chapter 19.12.20 section G. However, this permitted usage per the County Code may be subject to change. Kapalua Bay Villas is an oceanfront condominium community consisting of 141 apartments in twenty-seven 1-story and 2-story buildings. The community is spread across 16.45 acres & offers pools, club house, BBQ & tennis / pickleball court amenities. Kapalua Bay and Oneloa Bay are convenient walking distance from Kapalua Bay Villas. The Kapalua Resort community offers Maui’s finest resort services & experiences including fine-dining, shopping, whale watching, snorkeling, swimming, golf, hiking, the world-renowned D.T. Fleming Beach, Honolua Bay, Kapalua Tennis Garden / Pickleball, Kapalua Zipline, The Spa at Kapalua Bay. The monthly HOA fee is $2,580. Sold furnished with exceptions. Your Time Is Now.
    62 days
    |
    444
    |
    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Raymond S. F. Chin RB-20642 Cell:808-344-2677,

    Coldwell Banker Island Prop-KP

    Source: RAM,MLS#: 409879MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Ceiling Fan(s), Chandelier
      • Windows: Blinds
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 1,697
      • Total interior livable area: 1,697 sqft

      Property

      Features
      • Exterior features: Tennis Court(s), Barbecue
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: None
      Lot
      • Size: 16.45 Acres
      Details
      • Parcel number: 2420010240119
      • Zoning: A-2
      • Zoning description: Apartment District

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Residential
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      • Roof: Tile
      Condition
      • Year built: 1976
      • Major remodel year: 2015

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Private
      • Utilities for property: TV Cable

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Kapalua Bay Villas
      HOA
      • Has HOA: Yes
      • HOA fee: $2,580 monthly
      Location
      • Region: Lahaina

      Financial & listing details

      • Price per square foot: $1,943/sqft
      • Tax assessed value: $2,687,300
      • Annual tax amount: $36,122
      • Date on market: 6/9/2026
      • Lease term: Short Term Lease

        Estimated market value

        $3,037,400

        $2.89M - $3.19M

        $6,217/mo

        Price history

        DateEventPrice
        6/9/2026Listed for sale$3,298,000+163.8%$1,943/sqft
        Source: RAM #409879 Report a problem
        2/20/2014Sold$1,250,000$737/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$36,122 +1.9%$2,687,300 -0.5%
        2024$35,457 +40.9%$2,700,500 +27.2%
        2023$25,156 +22.1%$2,122,900 +22.1%
        2022$20,608 -14.7%$1,739,100 -19.7%
        2021$24,149 +17.8%$2,165,700 +22%
        2020$20,504 -6.2%$1,775,000 -6.9%
        2019$21,855 $1,907,300 -19%
        2018$21,855 +22.1%$2,355,100
        2017$17,903 +15.8%--
        2016$15,460 +7.8%$1,775,000 -34.7%
        2015$14,344 +107.4%$2,719,700 +47.1%
        2014$6,916 $1,848,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Kapalua

        Getting around

        41 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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