Inside a $3.1M Maui Hideaway Most Buyers Overlook

What does $3.1 million buy in Nāpili, Maui? At Alaeloa, it gets you approximately 4,000 square feet, 4 bedrooms, 4 bathrooms, a private gated setting, ocean access, and one of the most unusual vacation-home opportunities in West Maui. In this Maui home tour, I’m taking you inside Alaeloa Residence 9, a detached leasehold condominium that lives much more like a private single-family home. Located in Nāpili on Maui’s west side, Alaeloa is an established oceanfront community known for mature tropical landscaping, privacy, a heated saltwater pool, and direct access to the ocean. WHAT IS ALAELOA IN NĀPILI, MAUI? Alaeloa is an oceanfront residential community in Nāpili, between Kahana and Kapalua in West Maui. Residence 9 is one of the standalone residences and offers approximately 4,000 square feet of interior space. IS ALAELOA LEASEHOLD? Yes. Alaeloa is leasehold rather than fee simple. Leasehold ownership is one of the reasons buyers may find significantly more space and privacy here compared with some similarly priced fee-simple luxury properties in West Maui. CAN YOU VACATION RENT AT ALAELOA? Alaeloa permits vacation rental use subject to community restrictions. The current rule allows one rental turnover per month, so buyers should understand that this is different from a traditional nightly vacation-rental property. WHAT DO YOU GET FOR $3.1 MILLION? • Approximately 4,000 sq. ft. • 4 bedrooms • 4 bathrooms • Private gated entrance and driveway • Upper and lower lanais • Ocean views • Indoor/outdoor living • Mature tropical landscaping • Heated saltwater community pool • Ocean and cove access • Surfing nearby • Space for large families and groups • Vacation rental potential subject to Alaeloa rules One of the things I find most interesting about this property is the amount of space and privacy you’re getting for the price. Comparable four-bedroom luxury properties in the Kapalua area can trade at substantially higher prices. If you're considering buying a home, condo, second home, or investment property on Maui, I can help you compare properties like Alaeloa with fee-simple and leasehold alternatives throughout Nāpili, Kapalua, Kahana, Kāʻanapali, Wailea, Kihei, and the rest of Maui. Call or text me if you want more information on this property or want me to build you a list of Maui properties that match what you're looking for. 📞 808-481-9748 📧 [Benjamin@the808team.com](mailto:Benjamin@the808team.com) 🌐 benjamin.the808team.com Benjamin Finnerty REALTOR® RS-83812 Keller Williams Realty Maui RB-21851 Listing courtesy of Harrison McCandless, Coldwell Banker Island Properties. CHAPTERS 00:00 Living in Nāpili, Maui 00:35 $3.1M Alaeloa Residence 9 01:45 Private path toward the ocean 02:31 Understanding leasehold property on Maui 03:28 Ocean views and tropical privacy 05:08 Private gate, parking, and exterior 05:37 Entering the residence 06:33 First look inside and ocean views 07:34 Meet the Alaeloa listing agent 08:03 4 bedrooms, 4 baths, and 4,000 sq. ft. 08:23 A slice of Hāna in West Maui 09:21 Saltwater pool and ocean access 09:36 Can you vacation rent at Alaeloa? 10:29 Vacation rental rates and income potential 11:08 Alaeloa vs. Kapalua luxury real estate 12:00 42 residences and the Alaeloa community 12:39 Kitchen and living spaces 13:26 Maui indoor-outdoor living 14:23 Primary bedroom suite 15:21 Why I think Alaeloa is compelling 15:51 Downstairs living and entertaining space 16:45 Guest and sleeping areas 17:24 Downstairs bedroom suite 18:03 Bonus flex and sleeping space 18:46 Final thoughts and how to see it #MauiRealEstate #NapiliMaui #MauiHomes