265 Kenolio Rd , Kihei

This Multi-Dwelling Estate presents a smart addition to any investor’s portfolio, offering solid income history and strong tenant appeal. Just one block from the ocean, this distinctive Kihei property spans ¾ of an acre of meticulously maintained grounds and includes three separate dwellings with 10 bedrooms and 11 sleeping areas, 9.5 baths, and 4,384 sq ft of living space. Zoned for up to six dwellings, it is well suited for multi-generational living, shared ownership, or high-performing rental use. The two-story rear residence features five bedrooms and five bathrooms, including “The Penthouse” suite with a spa-style shower, rooftop deck, and jacuzzi showcasing ocean and mountain views. The front house offers five bedrooms and three bathrooms, including a fully remodeled upstairs 1-bedroom, 1-bath suite with a private entrance. A modern detached cottage includes a full kitchen, Murphy bed, built-in office, full bath, outdoor shower, and half bath. All residences are in excellent condition, requiring no significant updates unless future owners choose to expand. With no HOA, air conditioning throughout, owned PV systems, two water meters, and a purchased transformer, this property delivers both comfort and long-term flexibility.