Water Views - Eco Friendly
Address
461-465 Palani Pl, Wailuku, HI
Price
$ 1,285,000
Property Attributes
- MLS#410923
- TypeSingle Family
- Listing Status ACTIVE
- County
- CityWailuku
- AreaWailuku
- NeighborhoodWailuku Heights
- Zip96793
- StyleSF w/Det Ohana or Cottage
- Year Built1982
- Taxes$ 9093
- Price$ 1,285,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage500
- Lot Size0.2407 Acres
Data Source:
REALTORS® Association of Maui (RAMAUI)
Property Description
Spectacular ocean, Central Maui and Haleakala views from this unique income-producing property on a private flag lot along a quiet cul-de-sac in desirable Old Wailuku Heights. Set on approximately 10,485 SF with R-3 Residential zoning, the property features two separate homes and a private setting with mature fruit trees. 461 Palani is a 500 SF 2BR/1BA cottage built in 1982 and extensively remodeled in 2018 with an updated kitchen, granite countertops, stainless appliances, flooring, windows and bath. Features include a spacious 256 SF wraparound deck, 12 owned PV panels, storage, yard, separate laundry and tuck-under parking. 465 Palani is an 871 SF main home built in 2022 and currently configured as two furnished 1BR/1BA rental units, each with excellent views, solar hot water panels, privacy and parking. The home was designed with potential for future second-story expansion. Buyer to verify feasibility and permitting. See Documents. Gross rental income is approximately $7,700/month or $92,400/year, with estimated NOI of approximately $60,000 and a projected 4.7% cap rate at $1,285,000. One vacant unit now. Offered turnkey furnished. Income and expense figures are provided by Seller, are not independently verified and are subject to change. Conveniently located near UH Maui College, MACC, Maui Memorial Medical Center, downtown Wailuku, shopping, parks and other Central Maui amenities. Property is tenant occupied, do not disturb tenants. Be respectful of our neighbors in front and on street by not blocking driveways. Please allow adequate notice for showings. Some County Records and property details are inconsistent. Do your due diligence. Contact your preferred agent. Property is offered turnkey furnished.
| Elementary School | Middle School | High School |
|---|---|---|
| Puu Kukui Elementary Elementary School | Iao Intermediate Middle School | Henry Perrine Baldwin High High School |
| Price History | |
|---|---|
| 9/28/2026 | Listed $1,285,000 |
General Features
| View | Mountain/Ocean |
|---|---|
| Property Subtype | SF w/Det Ohana or Cottage |
| Parcel Number | 2350070090000 |
| Waterfront Features | None |
| Property Type | Residential |
| Subdivision Name | Wailuku Heights |
| Garage Y/N | false |
| Status | ACTIVE |
| City | Wailuku |
| MLS Area | Wailuku |
| Lot Size Units | Acres |
| Lot Size Square Feet | 10485 |
| Carport Y/N | true |
| Home Warranty Y/N | false |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Fee Simple / Leasehold | Fee Simple |
| Year Built | 1982 |
| High School | Henry Perrine Baldwin High |
| Elementary School | Puu Kukui Elementary |
| Middle/Junior High School | Iao Intermediate |
| Virtual Tour | https://youtu.be/e6w1jTmqkCM |
| Virtual Tour | https://youtu.be/2zAww0Qya3Q |
| Year Built Effective | 2018 |
| Electric | Photovoltaics Seller Owned |
| Tax Year | 2026 |
| Tax Annual Amount | 9093.6 |
| Appliances | Dryer,Microwave,Range,Refrigerator,Solar Hot Water,Washer,Solar Water Heating,Washing Machine |
| Heating | Solar Water Heating |
| Carport Spaces | 1 |
| Green Energy Generation | Solar |
Interior Features
| Heating Y/N | false |
|---|---|
| Fireplace Y/N | false |
| Total Bedrooms | 2 |
| Total Baths | 1 |
| Interior Amenities | Ceiling Fan(s),Storage,Ceiling Fan,TV Cable,Eat-in Kitchen,Loft |
Exterior Features
| Lot Size Area | 0.2407 |
|---|---|
| Lot Size Acres | 0.2407 |
| Waterfront Y/N | false |
| Parking Features | Carport,No Garage |
| Building Area Total | 1371 |
| Covered Spaces | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 96793
Price
Taxes
Year Built
In The Neighborhood
Water Views
Wailuku
$ 1,595,000
- Type
- Single Family
- Size
- 3,154 SqFt
- Rooms
- 5 Beds + 3 Baths
Coldwell Banker Island Prop(S) #410875
Water Views
Wailuku
$ 1,975,000
- Type
- Single Family
- Size
- 2,469 SqFt
- Rooms
- 5 Beds + 4 Baths
Island Sotheby's International Realty(W) #410313
Open House
Wailuku
$ 1,398,000
- Type
- Single Family
- Size
- 1,802 SqFt
- Rooms
- 3 Beds + 3 Baths
Berkshire Hathaway HI Isl Prop #409509
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The information provided by AlohaLiving.com® has been compiled and provided in conjunction with 3rd Party sources. This information has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Last Update: September 28, 2026 9:50 PM UTC
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