Just one block from the ocean, this distinctive Kihei estate offers exceptional lifestyle flexibility and long-term potential. Situated on a 32,670 sq. ft. R-2 zoned lot, the property includes three separate dwellings, surrounded by tropical landscaping and generous onsite parking. The zoning supports future expansion of up to 6 dwellings, making it well-suited for multi-generational living, shared ownership, or rental income. The two-story rear residence features five bedrooms and five bathrooms, with a full kitchen and additional kitchenette. Its upper-level suite—known as “The Penthouse”—includes a spa-style shower and a rooftop deck with jacuzzi, offering expansive ocean and mountain views. The front house includes five bedrooms and three bathrooms, with a fully remodeled upstairs suite offering a bedroom, bathroom, living room, wet bar plus a private entrance—ideal for guests, tenants, or extended family. The third detached dwelling is a thoughtfully designed modern cottage with a full kitchen, Murphy bed, built-in office space, and full bath. The cottage also includes an outdoor shower and an enclosed outdoor half bath, perfect for rinsing off after beach days. With no HOA, air conditioning throughout, owned photovoltaic systems, two water meters, and a purchased transformer, the property offers flexibility for multi-dwelling living or long-term rental potential, along with zoning that supports future expansion, subject to county requirements.
For sale
Price cut: $165K (6/27)
$3,730,000
265 Kenolio Rd, Kihei, HI 96753
10beds
10baths
4,384sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$851/sqft
$-- HOA
What's special
Murphy bedTwo-story rear residenceThoughtfully designed modern cottageSurrounded by tropical landscapingWet barFull kitchenPrivate entrance
- 167 days
- on Zillow |
- 319 |
- 25 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 12, 2025 at 03:45pm
Listing Provided by:
Monica Berney RS-84784 Cell:808-281-6339,
The Agency Maui
Source: RAM,MLS#: 405243

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Features
- Remodeled, Storage
Interior area
- Total structure area: 4,384
- Total interior livable area: 4,384 sqft
Video & virtual tour
Property
Features
- Exterior features: Lawn Sprinkler
- Spa features: Spa/Hot Tub
- Fencing: Wall/Fence
- Has view: Yes
- View description: Mountain/Ocean
- Has water view: Yes
- Water view: Mountain/Ocean
- Waterfront features: None
Lot
- Size: 0.75 Acres
- Topography: Gentle Slope
Details
- Parcel number: 2390150200000
- Zoning: R-2
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Electric: Overhead Electricity, Underground
- Sewer: Public Sewer
- Water: Public, County Water Meter Ins
Green energy
- Energy generation: Solar
Community & HOA
Location
- Region: Kihei
Financial & listing details
- Price per square foot: $851/sqft
- Tax assessed value: $1,574,500
- Annual tax amount: $4,873
- Date on market: 3/13/2025
- Electric utility on property: Yes
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