Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
Listing photo for 35 Walaka St P203, Kihei, HI
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Kalama Terrace,

Kihei, HI

$575,000

2 Beds
1 Baths
685 Sqft
1.45 Acres
$ 1429.23
Condominium

Welcome to this top-to-bottom remodeled 2-bedroom, 1-bath corner unit at Kalama Terrace in the heart of Kihei. Sitting on the second floor with garden and sunset views, this 685-square-foot condo is a top-performing vacation rental in South Maui - featuring a near-perfect 4.96-star rating, grossing $100,000 in 2025, and occupancy rates increasing year-over-year. A long-term owner or short-term guest will appreciate the clean, modern vibe and thoughtful details in every room: the professionally designed ocean- and mountain-themed bedrooms, a TV and silent split AC in every room, as well as a fully stocked kitchen like it's your home away from home. The primary bedroom features a motorized lift king bed, the second bedroom another motorized queen bed, and the pull-out sofa in the living room means the unit comfortably sleeps up to six. Adorned with string lights, the private lanai is the perfect spot for morning coffee or a sunset glass of wine. Kalama Terrace is a pet-friendly complex, a rare and valuable feature in the Kihei condo market, making it an exceptional choice for buyers whose guests or tenants travel with their furry friends. The location is unbeatable. Just steps from South Kihei Road, you can walk to Kalama Park, Cove Beach, The Cove surf break, beach volleyball courts, restaurants, bars, grocery stores, and some of the best people-watching sunsets on the island. The three Kamaole beaches are a short walk or quick drive and the Wailea Resort is just minutes away. The unit comes fully furnished and equipped with everything you need, including beach gear, snorkels, chairs, and more, making it great for a truly turnkey short-term rental investment. Community amenities include a pool, BBQ area, cabana, and on-site laundry. One assigned parking space plus guest parking is included. With exceptional rental revenue, several years of short-term rental ability, and an HOA motivated to keep it so, this could be the perfect transition property for a 1031 exchange and also makes a great place to call home. Call your REALTOR® today to schedule a showing!

Facts & Features
MLS® # 410104
Price $575,000
Bedrooms 2
Bathrooms 1.00
Square Footage 685
Acres 1.45
Year Built 1972
Type Residential
Sub-Type Condominium
Land Tenure Fee Simple
Style Low-Rise 1-3 Stories
Status Active
Community Information
Address 35 Walaka St P203
Area Kihei
Subdivision Kalama Terrace
Building Name Kalama Terrace
State HI
Zip Code 96753
Amenities
View Garden
Is Waterfront No
Waterfront None
Has Pool Yes
Pool In Ground
Interior
Interior Features Chandelier, Furnished, Inventory, Kitchen Ware, Linens, TV Cable
Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator
Exterior
Exterior Features Barbecue
Windows Blinds, Drapes
Additional Information
Date Listed June 29th, 2026
Days on Market 17
Zoning Apartment District
Short Sale No
RE / Bank Owned No
Association Fees Freq. Monthly
Monthly Maintenance Fees $ 1429.23
Description Land Tenure Fee Simple
Listing Details
Office Coldwell Banker Island Prop-KP
Office Contact Cell: 808-214-4799
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