Brought to market in late December, Menehune Shores unit 108 is an awesome first floor location that opens up to the soothing common area with easy access to the pool. The unit itself is a two bed, two bath unit with 885 square feet and an additional covered lanai area of about 100 square feet. From the lanai, it also offers access to the restaurant & bar, shuffleboard or walk right out to the beach.
List price $549,000
Menehune Shores Market Update
As the year comes to a close, there have been 6 units sold in the Menehune Shores complex for a running sales volume of $3,049,000. The average sold price for a unit $508,166, while 3 units sold in the 1st half of the year and the other 3 in the 2nd half of the year. The price range for the complex is in a tight range with the units closing in the $400k and $500k. Compared to the same time last year, 2015 doubled the amount of the sales with only one unit selling in excess of $600k.
Great beachfront area adjacent to the beach
The highest priced unit for sale closed for $555,000, around $5k off original list price. Upgraded 2 bedroom and 2-bathroom unit with ocean view in a great location in the building! Some of the many upgrades include: Mitsubishi Split (A/C) System (Tri-Zone), kitchen wall has been removed for a more modern, open layout. Custom bamboo cabinets with pull out drawers & granite tops (in kitchen and bathrooms).
The lowest priced unit sold for $465,000, about $10k off the original list price. It was a second floor unit with 1 bedroom, 1 bath, and 661 square feet. Over time the unit has been upgraded but still posses some original features and has been meticulously cared for. The unit has a strong rental history and represented a great potential for future income from short term rental operations.
- Active Menehune Shores condos for sale: 4
- Average asking price: $554,850
- Lowest priced listing: $513,500
- Highest priced listing: $579,900
Contact a South Maui Real Estate Specialist
Ho’olei just as the sun is setting
We’d like to extend an invitation to you to stop by our on-site Ho’olei real estate information office, which is open daily, before the reservation desk, from 9:00AM–5:00PM.