2619 S Kihei Rd Unit A305, Kihei
Listing courtesy of Coldwell Banker Island Prop(S).
+18084957750
Coldwell Banker Island Properties
Haleakala Shores is a special oceanfront condominium in South Kihei, with generously sized two-bedroom residences that offer more square footage than the typical Maui two-bedroom condo. The complex has also historically been popular with owners looking for the flexibility of vacation rental use. That is changing, however, as Haleakala Shores is affected by Bill 9 and is not currently included in any of the proposed resolutions to rezone the complex before the January 1, 2031 deadline, when vacation rentals in apartment-zoned properties are scheduled to end. We have already seen some price reductions at Haleakala Shores as the market adjusts to this future change in use. For buyers who are comfortable with the long-term residential use of the property, or who wants to rent it only until the start of 2031, those adjustments may create an opportunity to purchase a larger-than-average Kihei condo in an exceptional oceanfront location at a price that reflects the changing landscape.