2481 Kaanapali Pkwy Unit 324 K · Kaanapali, HI 96761

$55,000

1 bd · 2.0 ba · 905 sqft · Condo public records · 512 Days on market

Built 1974 $61/sqft · 40% below area Est $92k · 40% under $346/mo HOA · 10% of rent

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +15.0/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.7/10.0
• Livability +3.6/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +1.2/10.0

Listing remarks MLS

WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

Key facts

• New tile flooring
• Corner location
• Wrap around lanai

Tags

• WRAP AROUND LANAI
• CORNER LOCATION
• RENOVATED IN 2013
• NEW TILE FLOORING
• HARDWOOD CABINETRY
• GRANITE COUNTER TOPS

What this means for you Summary

Snapshot

• This is a 1-bed/2.0-bath condo listed at $55k.

Deal economics

• At list price, monthly cash flow is $2k ($23k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#19 in HI) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, commute B+; Watch: health & safety C-, amenities F, cost of living F.
• Hawaii Department Of Education (suburban): math 32% / reading 50% proficiency, ranked #1 of 1 in HI (top 100%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+4.0%/yr); 637 active listings in the ZIP; solid renter incomes; 906 units permitted in Maui County in 2024 (289 in 5+ unit buildings).
• This rent runs 40% of the median local income ($101k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Maui County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.0% rent growth), your $15k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 512 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 20y ago; this cycle's ask has dropped $34k (38%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $22k; list at $55k implies a 144% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $48,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 512 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 6.13% ✓
• Cap rate: 48.55%
• Cash-on-cash: 150.93%
• DSCR: 7.72
• GRM: 1.4

CMA / ARV

• ARV (median comp): $91,636
• List price: $55,000
• Delta: -39.98%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2481 Kaanapali Pkwy Unit 808 I	0.02mi	1/2.0	905 (0%)	12mo	$38,500	$43	89

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.97% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 8.66×
• Total profit: $118,038
• Equity at exit: $8,201

10-year hold

• IRR: —
• Equity multiple: 18.96×
• Total profit: $276,609
• Equity at exit: $4,755

Cash invested: $15,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 37 Tenant-Leaning
• State Hawaii: 37 Tenant-Leaning · D+13
• County: — inherits STATE
• City: — inherits STATE

Honolulu has source-of-income protections; warranty of habitability strong.

Methodology + full state rankings →

ZIP-level market 96761

• Home prices YoY: -1.9%
• Rents YoY: 4.0%
• Active inventory: 637
• Price-to-rent: 1.4×

Monthly cashflow live

• Estimated rent: $3,371 medium
• Mortgage (P&I): −$288
• Tax est. 1.5%: −$69 /mo · $825/yr
• Insurance: −$23
• HOA: −$346
• Vacancy / Maint / Mgmt: −$708
• Net cashflow: $1,937

Break-even live

Break-even rent $919

Max offer price $55,000

Occupancy floor 38%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $346 · $4,152/yr
• Likely covers: landscapingpooldoorman
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-06-18
   days on market $55,000 Active 512 DOM
2. 2026-06-17
   days on market $55,000 Active 511 DOM
3. 2026-06-15
   days on market $55,000 Active 509 DOM
4. 2026-06-13
   days on market $55,000 Active 507 DOM
5. 2026-06-13
   days on market $55,000 Active 506 DOM
6. 2026-06-10
   days on market $55,000 Active 504 DOM
7. 2026-06-09
   days on market $55,000 Active 503 DOM
8. 2026-06-08
   days on market $55,000 Active 502 DOM
9. 2026-06-07
   days on market $55,000 Active 501 DOM
10. 2026-06-05
    days on market $55,000 Active 498 DOM
11. 2026-06-03
    days on market $55,000 Active 497 DOM
12. 2026-06-02
    days on market $55,000 Active 496 DOM
13. 2026-06-01
    days on market $55,000 Active 495 DOM
14. 2026-05-31
    days on market $55,000 Active 494 DOM
15. 2026-05-14
    price $55,000 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

16. 2026-04-16
    price $60,000 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

17. 2025-11-21
    price $62,500 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

18. 2025-10-02
    price $65,000 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

19. 2025-08-26
    price $68,000 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

20. 2025-07-14
    price $70,000 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

21. 2025-06-19
    price $73,000 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

22. 2025-05-05
    price $75,000 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

23. 2025-03-29
    price $79,000 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

24. 2025-03-08
    price $81,000 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

25. 2025-02-12
    price $85,000 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

26. 2025-01-21
    listed $89,000 Active 1433-char remark

    Show marketing remark (1433 chars)

    WTIO 324 boasts a large wrap around lanai. Enjoy extra outdoor space in this corner location. WTIO 324 K is 1 bedroom with 2 bathrooms located on the north side of Tower I. The condo was renovated in 2013 which included new tile flooring, hardwood cabinetry, granite counter tops, stainless steel appliances, and fully remodeled bathroom. Occupancy for this time interval is from May 15 to May 29 annually. Some furnishings and improvements in the apartment may be different than photographed. The annual maintenance fees offer ease of payment with a portion billed in February and the balance due in the late summer/early fall. Fees include property taxes, grounds, building and unit maintenance, reserve fund, and housekeeping. The Whaler on Kaanapali Beach boasts amenities that include an ocean view pool along the famed Kaanapali Beach walk, state of the art workout facility, underground parking, tennis courts, and a business center. Beachside BBQs, on-site concierge services, and beach activity kiosk are some of the highlights offered on property. Ongoing improvements on the property include building spalling and painting. Take a stroll in the center courtyard while enjoying the tropical landscaping and Koi fish pond. Situated in the heart of Kaanapali Beach, The Whaler is a short distance away from famed Black Rock and world class shopping and dining, as well as championship golf courses. The Whaler is zoned hotel.

27. 2022-07-01
    soldstatus $22,500 Sold 469-char remark

    Show marketing remark (469 chars)

    One bedroom two bath, time interval unit on the 3rd floor located on the north side of Tower 1. Spacious floor plan sleeps 4 people comfortably. This unit has had a full renovation to the kitchen including counter tops and new appliances, along with the bathroom area. The Whaler on Kaanapali Beach offers amenities that include an ocean front pool and hot tub, spa, sauna, workout gym, salon, concierge service and underground parking. Occupancy dates are August 7-21.

28. 2022-04-09
    historical Pending - Continue to Show 469-char remark

    Show marketing remark (469 chars)

    One bedroom two bath, time interval unit on the 3rd floor located on the north side of Tower 1. Spacious floor plan sleeps 4 people comfortably. This unit has had a full renovation to the kitchen including counter tops and new appliances, along with the bathroom area. The Whaler on Kaanapali Beach offers amenities that include an ocean front pool and hot tub, spa, sauna, workout gym, salon, concierge service and underground parking. Occupancy dates are August 7-21.

29. 2022-04-05
    listed $22,500 Active 469-char remark

    Show marketing remark (469 chars)

    One bedroom two bath, time interval unit on the 3rd floor located on the north side of Tower 1. Spacious floor plan sleeps 4 people comfortably. This unit has had a full renovation to the kitchen including counter tops and new appliances, along with the bathroom area. The Whaler on Kaanapali Beach offers amenities that include an ocean front pool and hot tub, spa, sauna, workout gym, salon, concierge service and underground parking. Occupancy dates are August 7-21.

30. 2021-08-26
    soldstatus $29,000 Sold
31. 2021-07-03
    historical Pending - Continue to Show
32. 2020-04-01
    historical
33. 2020-03-27
    price $29,000
34. 2020-02-13
    price $14,999
35. 2020-01-31
    price $26,000
36. 2020-01-07
    listed $18,900 Active
37. 2019-11-02
    price $27,000
38. 2019-08-22
    price $29,000
39. 2019-07-06
    price $30,000
40. 2019-04-02
    price $32,500
41. 2018-11-30
    price $33,000
42. 2018-04-03
    listed $34,000 Active
43. 2011-09-09
    historical
44. 2011-05-16
    soldstatus $10,900
45. 2011-01-16
    listed $48,000
46. 2010-03-26
    listed $15,900
47. 2009-05-27
    historical
48. 2009-04-28
    historical
49. 2008-06-17
    listed $29,000
50. 2008-04-16
    historical

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 72% chance over 30 yrs
• 🫁 Air quality 1/10 Low

Taxation est. · year 1

• Rental income: $40,451
• − Mortgage interest: −$3,081
• − Property taxes: −$825
• − Insurance: −$275
• − Repairs & maintenance: −$3,236
• − Management: −$3,236
• − HOA: −$4,152
• − Depreciation: −$1,600
• Taxable income: $24,046
• Est. tax owed @ 24.0%: −$5,771
• After-tax cash flow: $17,472/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hawaii Department Of Education
• NCES district ID: 1500030
• Math proficiency: 32% ▼ -10.00%
• Reading proficiency: 50% ▼ -3.00%
• Median HH income: $69,005
• Composite: 37.07/100
• National rank: #4504
• State rank: #1 of 1 in HI

Livability — Kaanapali

• Score: 72/100
• State rank: #19
• US rank: #6248

Category grades

Amenities F Commute B+ Cost of living F Crime A+ Employment A+ Housing C+ Health & safety C- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kaanapali, HI
• County: Maui County · 114,195 people
• Metro: Kahului-Wailuku-Lahaina, HI
• Population (ZIP): 20,952
• Household income: $101,123
• Rent vs Own: 39.2% rent · 60.8% own
• Severe rent burden: 835.0

Population outlook (Maui County) Hauer SSP2

• Today (2025): 185,013 people
• By 2030: 194,315 · +5.0%
• By 2040: 210,917 · +14.0%
• By 2050: 226,396 · +22.4%
• By 2075: 270,475 · +46.2%
• By 2100: 316,825 · +71.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.78)
• Race & ethnicity: White 35% Asian 29% Two or more races 25% Hispanic / Latino 13% Pacific Islander 6%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Russian 3% Lithuanian 2% Iranian 1%
• Foreign-born: 25% · Canada, Vietnam, China
• Languages at home: 74% English-only · Other Asian/Pacific 12% Tagalog/Filipino 6% Spanish 5%

Political lean MEDSL · Maui

• 2024 margin: Strong D (+25.9) · D 61.9% · R 36.0% · Other 2.2%
• 2008→2024 swing: -29.3pp toward R · 2008: 55.2pp · 2024: 25.9pp
• All cycles: 2024: D+25.9 2020: D+35.5 2016: D+38.6 2012: D+50.3 2008: D+55.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -7.68%
• Current HPI: 389.2894
• Rent YoY: ▲ 3.97%
• Metro: Kahului-Wailuku-Lahaina, HI
• State GDP YoY: —
• F500 in state: 0

Price history

+197.3% since first listed

44 events — show timeline

• 2026-05-14 Price Changed $55,000 RAM MLS
• 2026-04-16 Price Changed $60,000 RAM MLS
• 2025-11-21 Price Changed $62,500 RAM MLS
• 2025-10-02 Price Changed $65,000 RAM MLS
• 2025-08-26 Price Changed $68,000 RAM MLS
• 2025-07-14 Price Changed $70,000 RAM MLS
• 2025-06-19 Price Changed $73,000 RAM MLS
• 2025-05-05 Price Changed $75,000 RAM MLS
• 2025-03-29 Price Changed $79,000 RAM MLS
• 2025-03-08 Price Changed $81,000 RAM MLS
• 2025-02-12 Price Changed $85,000 RAM MLS
• 2025-01-21 Listed $89,000 RAM MLS
• 2022-07-01 Sold (MLS) $22,500 RAM MLS
• 2022-04-09 Contingent — RAM MLS
• 2022-04-05 Listed $22,500 RAM MLS
• 2021-08-26 Sold (MLS) $29,000 RAM MLS
• 2021-07-03 Contingent — RAM MLS
• 2020-04-01 Listing Removed — RAM MLS
• 2020-03-27 Price Changed $29,000 RAM MLS
• 2020-02-13 Price Changed $14,999 RAM MLS
• 2020-01-31 Price Changed $26,000 RAM MLS
• 2020-01-07 Listed $18,900 RAM MLS
• 2019-11-02 Price Changed $27,000 RAM MLS
• 2019-08-22 Price Changed $29,000 RAM MLS
• 2019-07-06 Price Changed $30,000 RAM MLS
• 2019-04-02 Price Changed $32,500 RAM MLS
• 2018-11-30 Price Changed $33,000 RAM MLS
• 2018-04-03 Listed $34,000 RAM MLS
• 2011-09-09 Listing Removed — RAM MLS
• 2011-05-16 Sold (MLS) $10,900 RAM MLS
• 2011-01-16 Listed $48,000 RAM MLS
• 2010-03-26 Listed $15,900 RAM MLS
• 2009-05-27 Listing Removed — RAM MLS
• 2009-04-28 Listing Removed — RAM MLS
• 2008-06-17 Listed $29,000 RAM MLS
• 2008-04-16 Listing Removed — RAM MLS
• 2007-06-11 Listed $35,000 RAM MLS
• 2007-04-11 Listed $29,900 RAM MLS
• 2006-09-22 Sold (MLS) $16,500 RAM MLS
• 2006-04-07 Listed $17,500 RAM MLS
• 1998-03-25 Sold (Public Records) $18,000 Public Records
• 1997-02-01 Sold (Public Records) $110,000 Public Records
• 1990-12-28 Sold (Public Records) $537,900 Public Records
• 1988-02-01 Sold (Public Records) $18,500 Public Records

Property tax history

+8.6%/yr

Latest (2025): $17,052 · +7.3% YoY. Source: county tax records.