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MLS: 411350 (Active - For Sale)
 
Condo: Kapalua Bay Villas II #28B2
 
Listing data updated: Nov 8, 2026 (MLS feed)
Asking Price: $2,750,000 Fee Simple

District: Kapalua
City: Lahaina
Street: 500 Bay Dr
Maintenance Fee: $2,580.00 (payment period not stated in feed)
Beds: 2   Baths: 3
Living Area: 1,447 SF
Land Area: 16.45 Acres
Short-Term Rental Status
✓ Eligible under current county policy, verify for this unit: Minatoya list, TIG Article 2. Rezoning to a hotel district was recommended, not adopted; the Bill 9 phase-out applies unless an enacted parcel-specific rezoning changes it
Phase-out: Jan 1, 2029 (~2 years, 1 month remaining) (basis: County Community Plan layer West Maui, edited Oct 3, 2022)
Source: Minatoya List + TIG Article 2 (rezoning recommended, not adopted; Hansen Ohana curated data)
Evidence date: not recorded. Confirm current status before relying on this.
Learn more about STR rules
Features: View, Ocean Front, Pool
Days on Market: 1

Front row on the Kapalua coastline, with nothing between you and the Pacific. Now offered at an improved price, this is the best value for a front-row villa at Kapalua Bay Villas. No rooftops and no neighbor’s lanai in the way, just open ocean, Molokai and the sunset. You walk in from the bridge with no stairs, and that combination is hard to find at any of the villas!  And this remodeled 2 bedroom, 3 bath townhome-style villa comes turnkey, sold furnished with newer high-end furnishings, and has a track record as a successful vacation rental. The view is what makes this unit so desirable. Molokai frames your view across the channel, and Kapalua’s rugged volcanic coastline curves along beside it. The villa sits up high above a rocky shoreline, so there’s no seawall to maintain and no erosion to worry about. More and more of West Maui’s sandy shoreline is struggling with erosion, so that’s a real advantage. You get the ocean view without the ocean problems. The living room opens wide to a private lanai, so inside and outside run together and the ocean feels like part of the room. Have your coffee out there in the morning and come back for sunset. Kapalua’s weather is about as close to perfect as Maui gets. It stays mild and breezy, and every so often a quick passing shower blows through that’s too light to bother with an umbrella. Most days, you’ll live with the doors and windows wide open and let the trade winds do the work. On the warmer afternoons, close up and switch on the central air. Areas to the south run hotter and drier, so up here you get to pick your climate. The open kitchen has granite counters, stainless appliances and plenty of cabinets. It stays connected to the living area and lanai, so whoever’s cooking still gets the view. The remodel is polished, but it’s comfortable enough to live in, sandy feet and all. Then you go upstairs. You’d think the view couldn’t get any better, and the primary bedroom proves you wrong. From up there, the ocean fills the whole frame, Molokai floats on the horizon and the coastline keeps going. You’ll wake up to it, fall asleep to it, and it doesn’t let up. Each bedroom is a suite with its own lanai and its own bathroom with a walk-in shower, and built-in storage keeps everything organized. The land is what sets Kapalua Bay Villas apart. It’s a fee simple oceanfront community of just 141 condos in 27 1-story and 2-story buildings, spread across 16.45 acres. That works out to roughly 5,000 square feet of land per unit, which makes it one of the largest deeded condo land holdings on Maui. Your pro rata share of the land is bigger than at most condo complexes on the island, and the density is low, so it feels open, quiet and green. The grounds include pools, a clubhouse, barbecues and tennis and pickleball courts. Oneloa Bay (Ironwoods Beach) and Kapalua Bay are both an easy walk away, and the Kapalua Coastal Trail runs along the shoreline through one of the prettiest stretches of West Maui. Beyond your door, the Kapalua Resort has fine dining, shopping, golf, hiking, whale watching, snorkeling, the Kapalua Tennis Garden, Kapalua Zipline, The Spa at Kapalua Bay, Honolua Bay and the world-renowned D.T. Fleming Beach.

Photo of  500 Bay Dr, Kapalua, Maui, HawaiiPhoto 2 of  500 Bay Dr, Kapalua, Maui, HawaiiPhoto 3 of  500 Bay Dr, Kapalua, Maui, HawaiiPhoto 4 of  500 Bay Dr, Kapalua, Maui, HawaiiPhoto 5 of  500 Bay Dr, Kapalua, Maui, HawaiiPhoto 6 of  500 Bay Dr, Kapalua, Maui, HawaiiPhoto 7 of  500 Bay Dr, Kapalua, Maui, Hawaii

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