Kalama Homes with Short Term Rental Allowed

Kalama Homes with Short Term Rental Allowed

Welcome to Kalama, a hidden gem nestled in the heart of Kihei, Maui! This vibrant neighborhood is known for its stunning beaches, lush landscapes, and a warm, welcoming community that epitomizes the spirit of island living. With its prime location on the southern coast of Maui, Kalama offers residents and visitors alike easy access to some of the most beautiful stretches of sand, including the popular Kalama Beach Park, where you can soak up the sun, enjoy water sports, or simply take a leisurely stroll along the shore.

Kalama is not just about the breathtaking views; it’s a hub for outdoor enthusiasts and families alike. The area boasts numerous parks, playgrounds, and recreational facilities, making it an ideal spot for those who enjoy an active lifestyle. Plus, with a variety of local shops, restaurants, and markets, you’ll find everything you need right at your fingertips.

For those considering a home in this charming neighborhood, you’ll be pleased to know that many properties in Kalama allow for short-term rentals. This feature opens up a world of possibilities for homeowners looking to generate income while enjoying the beauty of Maui. Whether you’re seeking a cozy beach cottage or a modern condo with ocean views, Kalama offers a diverse range of real estate options to suit your needs.

Experience the magic of Kalama, where the spirit of aloha is alive and well, and every day feels like a vacation. Embrace the opportunity to call this enchanting neighborhood home!

Newest Kalama Homes with Short Term Rental Allowed

$575,000
2 Beds ⋅ 1 Baths ⋅ 410104 MLS ⋅ Fee Simple Tenure ⋅ Kalama Terrace BLDG.
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!

35 Walaka St Unit P203, Kihei

Listing courtesy of Coldwell Banker Island Prop-KP.

$749,000
2 Beds ⋅ 2 Baths ⋅ 409816 MLS ⋅ Fee Simple Tenure ⋅ Island Surf BLDG.
Welcome to Island Surf Unit 214, a tastefully upgraded vacation rentable condo in the heart of South Kihei offering excellent ocean views, exceptional versatility, and outstanding income potential.This complex is zoned B-2 community Business District and is not subject to Bill 9. This 2-bedroom, 2-bath vacation-rentable condominium features a desirable double lanai and a unique lock-off configuration, allowing the unit to function as a spacious two-bedroom residence or as a one-bedroom condo with a separate studio, creating multiple rental opportunities. The entire Island surf building recently, at significant investment, completed a multiphase upgrade renewing the structure, relining all the vertical plumbing to each unit, and adding a brand new roof with solar panels, as well as doing extensive work on the wastewater pipes. Perfectly positioned on South Kihei Road directly across from Kalama Beach Park and The Cove, one of South Maui's most popular beginner-friendly surf breaks, this prime location places you at the center of Maui's active island lifestyle. Just steps from your door, you'll find dining, shopping, beaches, paddleboarding, surfing, and endless outdoor recreation. Adding to the appeal, South Maui Gardens is located just behind the complex, offering a vibrant open-air gathering space with popular food trucks, and lush tropical landscaping. The ground floor of Island Surf is home to an array of convenient shops, restaurants, and local businesses, creating a true live-work-play environment. Whether you're seeking a primary residence, second home, or investment property, this exceptional corner unit offers the ideal combination of flexibility, location, and lifestyle in one of South Maui's most sought-after destinations. Offered fully furnished and ready to enjoy. Please reach out today to schedule your own private showing.

1993 S Kihei Rd Unit 214, Kihei

Listing courtesy of Keller Williams Realty Maui-Ki.

$340,000
1 Beds ⋅ 1 Baths ⋅ 409795 MLS ⋅ Fee Simple Tenure ⋅ Kalama Terrace BLDG.
Price adjusted to $340K plus a $5K Credit at closing. Kalama Terrace is a prime Kihei condo a block from Charley Young Beach and Cove Park! The condo is spacious with lots of natural light & cool breezes, which creates a welcoming atmosphere. The covered lanai is perfect for unwinding after a day at the beach. A portable A/C keeps the space cool during those warm evenings. Residents have easy access to stunning shorelines & a variety of recreational activities, including swimming, stand-up paddleboarding, and surfing. The vibrant neighborhood is rich with dining options and shopping, enhancing your island lifestyle. With Piilani Village Shopping Center & Azeka Shopping Center minutes away, convenience is at your fingertips. Don’t miss out on this island gem! Embrace the opportunity to own this beautiful property in a sought-after location. The building currently allows short-term rentals, providing excellent investment potential, although this will be phased out by January 1, 2031. Monthly HOA fee cover Electricity/Gas/Water/Sewer/Trash/CAM This condo is sold furnished, including all contents (excluding the TV, staging bedding, and staging kitchen linens) and is sold “as is.”

35 Walaka St Unit L211, Kihei

Listing courtesy of RE/MAX Honolulu.

$625,000
1 Beds ⋅ 1 Baths ⋅ 409484 MLS ⋅ Fee Simple Tenure ⋅ Koa Kai BLDG.
Koa Kai 16 is a delightful one-bedroom, one-bath condo with a bonus loft, located in sunny South Kihei. Completely updated in 2024, this bright top floor unit features a remodeled kitchen with new stainless steel appliances and new updated cabinetry, plus the convenience of an in-unit washer/dryer along with an 18,000 BTU split duct air conditioner system. The covered lanai is perfect for chillin while enjoying lush tropical foliage, ocean views, and vibrant Maui sunsets. Koa Kai is a quiet, boutique-style complex with just 18 units... Amenities include a pool, spa, assigned parking, and it is pet-friendly. Located at the end of a no-thru-traffic street, the complex offers a peaceful setting while remaining close to everything — including Cove Park, Charley Young Beach, Kalama Park, restaurants, food trucks at South Maui Gardens and local shops. A special highlight is the 170 sq ft loft with rough-in plumbing, offering excellent potential for a second bathroom, guest suite, or flexible living space. Best of all, Koa Kai allows nightly rentals, making this an ideal choice for both personal enjoyment and investment. This charming condo comes fully furnished and turn key and provides everything you need in one of South Maui’s most desirable locations.

99 Walaka St Unit 16, Kihei

Listing courtesy of Compass-W.

$299,500
1 Beds ⋅ 1 Baths ⋅ 409199 MLS ⋅ Fee Simple Tenure ⋅ Kalama Terrace BLDG.
Best front row location in the complex with a partial ocean view. Near Charley Young Beach and the Cove Beach Park. Complex amenities include a beautiful swimming pool, BBQ, covered patio with tables and chairs near the BBQ and pool, lush tropical landscaping and community laundry. Maintenance fee includes electricity, propane gas for the range, water and refuse collection. Gorgeous grounds with tropical landscaping. Unit has tiled flooring, ceiling fans, bedroom shutters. 1 assigned parking stall.

35 Walaka St Unit L208, Kihei

Listing courtesy of Delmore Realty.

$650,000
1 Beds ⋅ 1 Baths ⋅ 408719 MLS ⋅ Fee Simple Tenure ⋅ Island Surf BLDG.
Wake up to panoramic ocean views every day from this beautifully remodeled unit. Island Surf #307 is a business-zoned, fully air-conditioned, 3rd-floor one-bedroom condo in the highly desirable Island Surf complex in South Kihei. The entire Island surf building recently, at significant investment, completed a multiphase upgrade renewing the structure, relining all the vertical plumbing to each unit, and adding a brand new roof with solar panels, and also done extensive work on the wastewater pipes. Enjoy Maui sunsets from the private lanai, or relax inside in quiet comfort. The newly installed wall of double-pane windows and sliding door stretches across the entire living room, creating a bright, peaceful interior space. This unbeatable location is across the street from Kalama Beach Park and Cove Beach, two of South Maui’s most popular spots for surfing, paddle boarding, and sunset viewing. This stylish unit features an open-concept living, kitchen, and lanai layout designed for relaxed island living. The remodeled kitchen is fully equipped with modern appliances and ample storage, while upscale furnishings, island-inspired art, and ceiling fans enhance comfort throughout. The spacious bedroom offers a queen bed, large closet, dedicated A/C unit, and a 65” flat-screen TV. The living area includes an impressive 85” TV, perfect for unwinding after a day at the beach. Additional highlights include in-unit washer/dryer, dishwasher, and high-speed internet. The Island Surf complex offers elevator access, a heated pool, BBQ area, and free unassigned parking. Street-level retail adds exceptional convenience, including a grab-and-go market, sushi restaurant, spa, dive shop, and local boutiques. Next door, the extremely popular South Maui Gardens provides a lush tropical setting with a touch of Zen, popular food trucks and a coffee shop. Centrally located near dining, shopping, and outdoor activities, this condo is an excellent opportunity for a primary residence, second home, or investment property in one of South Maui’s most desirable locations.

1993 S Kihei Rd Unit 307, Kihei

Listing courtesy of Keller Williams Realty Maui-Ki.

$499,900
1 Beds ⋅ 1 Baths ⋅ 408613 MLS ⋅ Fee Simple Tenure ⋅ Kalama Terrace BLDG.
Modern Island Living at Kalama Terrace L306. Sophisticated. Fresh. Steps from the shore. Experience a refined take on Kihei living in this meticulously renovated one bedroom one bath residence at Kalama Terrace. Situated at 35 Walaka Street, this unit offers a perfect blend of modern luxury and effortless Island accessibility. The residence; Step inside a bright, sun-drenched space where every detail has been thoughtfully updated. The 535-square-foot interior feels remarkably expansive thanks to a crisp, clean palette and a cohesive design language. Renovated kitchen, featuring sleek new cabinetry, premium counter tops, and a suite of new appliances. Modern flooring through out every room, designer bath includes tile, new vanities and contemporary finishes. Turnkey ready: offered with a sophisticated local aesthetic- ideal as a streamline primary home or a high-end vacation retreat. The lifestyle Kalama Terrace isn't just a complex; the well maintained grounds ave recently seen beautiful upgrades to the pool side BBQ area, creating an inviting space for evening gatherings after a day at the beach. The location- Leave the car behind. From your front door you are three minuets to the golden sand of Charlie Young Beach and the legendary surf breaks at the Cove. The vibrant energy of Kalama Park and the electric dining and shopping of Kihei Town. Centrally located for easy access tot he world-class golf and resorts of Wailea! This is a rare opportunity to own a "LKE NEW" property in one of Kihei's most convenient and beloved corridors.

35 Walaka St Unit L306, Kihei

Listing courtesy of Millennium Realty Inc.

$1,019,000
2 Beds ⋅ 2 Baths ⋅ 406773 MLS ⋅ Fee Simple Tenure ⋅ Island Surf BLDG.
Beautifully updated and ideally located, Island Surf 311 is a rare opportunity to own a turnkey, ocean-view 2-bedroom, 2-bath condo just steps from Kalama Beach Park and the popular Cove surf break. This flexible unit features a lock-off design that allows for two separate rentals—a 1-bedroom suite and a studio—or one spacious 2-bedroom residence, offering outstanding potential for personal use, investment, or both. Inside, the unit has been thoughtfully remodeled with modern finishes and quality upgrades throughout, including: Granite countertops and custom cabinetry, Porcelain tile flooring, High-end appliances, including Bosch counter-depth refrigerator, Wine cooler, Electric fireplace for added ambiance, Fresh paint and contemporary furnishings, Two new California King mattresses and bed frames, Split air conditioning in the main living area and A/C units in both bedrooms, and Large sliding doors open to a private lanai with ocean views—perfect for relaxing mornings or sunset evenings. The building’s prime location in central Kihei means easy access to the beach, paddleboard and surf rentals, cafes, restaurants, and nightlife—all just a short walk away. The condo is being sold fully furnished and operates as a successful vacation rental, with strong occupancy and bookings in place through February 2026. Because this unit is not on the Minatoya list, the building and unit offer greater flexibility and long-term confidence for short-term rental use—an important distinction for savvy buyers. Whether you're looking for a high-performing vacation rental, a second home, or a beachfront escape to enjoy part-time or full-time, this unit is a standout. Whether you're seeking a vacation rental investment or a home away from home on Maui, Island Surf 311 offers location, flexibility, and style.

1993 S Kihei Rd Unit 311, Kihei

Listing courtesy of Welcome Hawaii Properties.

Start Your Search