About This Home

This 2-bedroom, 3-bathroom condo at 500 Bay Dr #28B2 in Lahaina, HI is listed for $2,750,000 ($1,900 per sqft). the home offers 1,447 sqft of living space on a 16.45 acres lot.

Key Features

  • 16.45 acre lot
  • Waterfront

Property Details

3 full
#28B2

Amenities

WaterfrontView
Listing Description

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.

Monthly Cost Estimate

$17,288/mo

20% down · 6.5% · 30 years

Principal$1,989
Interest$11,917
Insurance$802
HOA$2,580

Estimates only. Actual payments may vary.

Location

500 Bay Dr #28B2

Lahaina, HI 96761

Property Details

Views

Ocean

Questions & Answers

This 2-bedroom, 3-bathroom condo at 500 Bay Dr is listed at $2,750,000 ($1,900/sqft). The estimated monthly payment is $17,287 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $2580/month.

Key features include: 16.45 acre lot, Waterfront.

This property is listed by Eric West.

EW

Eric West

Agent at Real Broker LLC

Listed by Real Broker LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 411350· Source: Realtors ® Association of Maui, Inc.· 3 days on PropertySimple

Copyright © 2026 Realtors ® Association of Maui, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 Bay Dr #28B2, Lahaina, HI 96761

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