Welcome to Napili Shores E138, a hotel-zoned vacation rental resort just steps from Napili Bay. The H-1 zoning allows for short-term rentals, making this an exceptional investment or personal retreat. This unit participates in the Napili Shores Rental Pool, LLC, a unique 50-plus year partnership of units that operate together under common on-site management, pooling all revenues, expenses, and resources to function like a true hotel. On-site management covers all rental operations and expenses, offering members completely worry-free ownership with participation being optional. The private lanai overlooks lush tropical gardens, serene and private while remaining close to the pool. Split AC keeps the unit perfectly comfortable year-round. The seller has paid off all loans from the resort-wide drain line replacement project in full (a roughly $40,000 value). That savings transfers directly to you at closing. Sitting elevated above the shoreline, the property enjoys natural protection from coastal flooding and sea level concerns that affect many beachfront properties. Inside, enjoy a king-size bed, updated bathroom, and fully equipped kitchen. Napili Shores spans 6 acres with two pools including an oceanfront pool, a hot tub, and BBQ areas. There is a beach gear rental office and two restaurants on the property (including Maui's famous Gazebo). Step outside and Napili Bay is yours for snorkeling, swimming, breathtaking sunsets, and world-class whale watching in season. Turnkey ownership, hotel zoning, and one of Maui's most coveted bay addresses, this is West Maui done right.
For sale
$699,000
5315 Lower Honoapiilani Rd #E138, Lahaina, HI 96761
1beds
1baths
602sqft
Est.:
Condominium, Residential
Built in 1973
-- sqft lot
$641,700 Zestimate®
$1,161/sqft
$1,945/mo HOA
What's special
King-size bedBbq areasClose to the poolHot tubFully equipped kitchenUpdated bathroom
- 23 hours |
- 194 |
- 7 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listing Provided by:
Scott Catton RS-85460 Cell:808-269-8633,
eXp Realty
Source: RAM,MLS#: 409600
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
Features
- Ceiling Fan(s), Inventory, Kitchen Ware
- Windows: Blinds, Drapes
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 602
- Total interior livable area: 602 sqft
Property
Features
- Patio & porch: Covered Lanai/Deck
- Exterior features: Barbecue
- Has private pool: Yes
- Pool features: In Ground
- Spa features: Spa/Hot Tub
- Has view: Yes
- View description: Garden
- Waterfront features: Ocean Front
Lot
- Size: 6.3 Acres
Details
- Parcel number: 2430020610072
- Zoning: H-1
- Zoning description: Hotel District
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Condition
- Year built: 1973
- Major remodel year: 2019
Utilities & green energy
- Electric: Overhead Electricity
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy generation: Solar
Community & HOA
Community
- Security: Smoke Detector(s), Security Guard
- Subdivision: Napili Shores
HOA
- Has HOA: Yes
- HOA fee: $1,945 monthly
Location
- Region: Lahaina
Financial & listing details
- Price per square foot: $1,161/sqft
- Tax assessed value: $778,100
- Annual tax amount: $9,726
- Date on market: 5/13/2026
- Lease term: Short Term Lease
Estimated market value
$641,700
$565,000 - $725,000
$4,924/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $699,000$1,161/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,726 +19.6% | $778,100 +13.4% |
| 2023 | $8,129 +30.6% | $686,000 +30.6% |
| 2022 | $6,226 +6.6% | $525,400 -0.1% |
| 2021 | $5,842 +15.9% | $525,800 +3.4% |
| 2020 | $5,040 +19.7% | $508,600 +8.5% |
| 2019 | $4,211 | $468,800 +3.3% |
| 2018 | $4,211 +6.8% | $453,800 |
| 2017 | $3,943 +3.4% | -- |
| 2016 | $3,815 +9.1% | $438,000 -5.6% |
| 2015 | $3,497 +96.2% | $464,000 +18.6% |
| 2014 | $1,782 | $391,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Napili-Honokowai
Nearby schools
GreatSchools rating
- 2/10King Kamehameha Iii Elementary SchoolGrades: PK-5Distance: 8.5 mi
- 2/10Lahaina Intermediate SchoolGrades: 6-8Distance: 7.4 mi
- 2/10Lahainaluna High SchoolGrades: 9-12Distance: 7.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Hawaii
- Maui County
- Lahaina
- 96761
- Napili-Honokowai
- 5315 Lower Honoapiilani Rd Unit E138






