There's a reason people who discover Molokai's east end keep coming back. The pace is different here. The air smells like rain and salt, the tradewinds are steady, and from the third floor of B Building you've got an unobstructed view of the ocean shifting from shallow reef green to deep open-ocean blue, with Maui sitting on the horizon. Wavecrest B306 is priced to sell and sold as-is. Renovate on your terms and make it exactly what you want. One bedroom, one bath, third floor, with natural pass-through ventilation that keeps things cool. No AC hum, just the sound of the ocean and nature. Unit B306 is the starting point. Wavecrest is the draw. Lush, professionally maintained tropical grounds, an oceanfront pool and pavilion with BBQ grills, lounge chairs, a community bookshelf, local art, and the kind of easy atmosphere where residents and visitors come together naturally. Tennis courts, shuffleboard, and a sandy beach just to the east. Every day feels a little like a vacation. Wavecrest B306 is on the Minatoya List. Short-term rental use permitted through December 31, 2030 per Maui County Bill 9, restrictions effective January 1, 2031. Entry price, renovation upside, near-term rental potential, and a lifestyle that's hard to find anywhere else in Hawaii.
For sale
Price cut: $20K (7/22)
$109,000
7142 Kamehameha V Hwy #B306, Kaunakakai, HI 96748
1beds
1baths
604sqft
Condominium, Residential
Built in 1975
-- sqft lot
$-- Zestimate®
$180/sqft
$810/mo HOA
What's special
Tennis courtsNatural pass-through ventilationLounge chairs
- 115 days
- 366
- 14
Zillow last checked:
Listing updated:
Listed by:
Robert A Stephenson RS-79655 808-658-0608,
Hawaii Life (MO)
Source: RAM,MLS#: 409573
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Interior area
- Total structure area: 604
- Total interior livable area: 604 sqft
Property
Features
- Patio & porch: Covered Lanai/Deck
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Front
Lot
- Size: 5.61 Acres
Details
- Parcel number: 2560040550074
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Condition
- Year built: 1975
Community & HOA
Community
- Subdivision: Wavecrest
HOA
- Has HOA: Yes
- HOA fee: $810 monthly
Location
- Region: Kaunakakai
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $235,000
- Annual tax amount: $300
- Date on market: 5/10/2026
- Lease term: Short Term Lease
Estimated market value
Not available
Estimated sales range
Not available
$1,720/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $109,000-15.5%$180/sqft |
Source: | ||
| 5/10/2026 | Listed for sale | $129,000-13.4%$214/sqft |
Source: | ||
| 1/14/2021 | Listing removed | -- |
Source: | ||
| 6/26/2020 | Listed for sale | $149,000$247/sqft |
Source: Molokai Island Realty #202014423 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $300 | $235,000 +8.7% |
| 2024 | $300 | $216,100 +14.2% |
| 2023 | $300 | $189,200 +28.3% |
| 2022 | -- | $147,500 -2.7% |
| 2021 | $1,684 +77.5% | $151,600 -1.3% |
| 2020 | $949 +29.9% | $153,600 +2.1% |
| 2019 | $731 | $150,400 +29.9% |
| 2018 | $731 -0.2% | $115,800 |
| 2017 | $732 +1238.9% | -- |
| 2016 | $55 -63.6% | $91,100 +14.3% |
| 2015 | $150 -71.2% | $79,700 |
| 2014 | $522 | $79,700 |
Find assessor info on the county website
Monthly payment
Est. payment







