Welcome to Maui Banyan #P403, a hotel-zoned, custom crafted, fully remodeled, top-floor retreat offering spectacular ocean views and year-round sunsets. Every inch of this breathtaking open concept 2-bed, 2-bath lock-off unit was meticulously redesigned by ADX Construction Inc. No expense was spared featuring high end custom cabinetry, beautiful quartzite countertops, stainless steel appliances, and tasteful furnishings—making it completely turn-key and move-in ready. Each spacious luxurious bedroom boasts its own private lanai with stunning ocean views, perfect for enjoying morning coffee or evening sunsets located on the quiet south side of the complex not facing the parking lot. Split AC systems in every room ensure year-round comfort. The lock-off layout provides each unit with its own private entrance which allows the flexibility for a rental or personal use. The studio side offers a peaceful open living space with a kitchenette, full bathroom and its own lanai. There is a connecting lockable door located between the one bedroom and the studio which allows the option for two short term rentals. Located in the heart of South Kihei, just across from Kamaole II Beach Park, you’re a short distance from lifeguarded beaches, restaurants, and shopping. Maui Banyan offers resort-style amenities, including two pools, two spas, tennis court, and twelve BBQ areas. Whether you're seeking a vacation rental or a personal tropical island getaway, this hotel-zoned opportunity delivers the ultimate Maui lifestyle. Don’t miss out on this exceptional property, schedule a showing today!
Best location in the complex! Superior ocean views from this top floor penthouse 2 bedroom, 2 bath unit at Maui Banyan located in South Kihei. This is a lock off unit which allows you the flexibility to use it as a studio and a 1 bedroom, 1 bath or a 2 bedroom, 2 bath unit. This is a beautiful unit with an open kitchen and living area. It has a fully equipped kitchen with stainless steel appliances. Each bedroom has their own private lanai to take advantage of the gorgeous ocean views. Comes turn key and fully furnished. Washer and dryer in the unit. Maui Banyan has over 8 acres of lush tropical gardens, 2 pools, 2 hot tubs, tennis courts, and BBQ areas. It's ideally located right across the street from one of South Maui's most popular beaches, Kamaole Beach Park II and walking distance to several shops and restaurants nearby. This is a popular vacation rental complex. This unit comes with deeded parking space #305.
RAM MLS #312554
Jan 20, 2006
Sold
$582,000
$654/sq ft
Jul 6, 2005
Listed
$598,000
$672/sq ft
Public Records
Jun 19, 2003
Sold
$327,000
$367/sq ft
RAM MLS #221582
Jul 8, 2002
Listed
$327,000
$367/sq ft
Public Records
Feb 12, 2002
Sold
$490,000
$551/sq ft
RAM MLS #217495
Aug 2, 2001
Listed
$285,000
$320/sq ft
Public Records
Nov 16, 1990
Sold
$305,000
$343/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$16,713 (−11.5%)
$129,200 + $1,105,000
$1,234,200
2025
$18,884 (+15.7%)
$129,200 + $1,105,000
$1,234,200
2024
$16,319 (+45.5%)
$129,200 + $1,326,800
$1,456,000
2023
$11,212 (+23.8%)
$129,200 + $1,153,700
$1,282,900
2022
$9,058 (+128.4%)
$129,200 + $817,000
$946,200
2021
$3,967 (−40.4%)
$41,000 + $723,400
$764,400
2019
$6,661 (+27.1%)
$36,500 + $670,700
$707,200
2018
$5,240 (−1.2%)
$33,400 + $586,200
$619,600
2017
$5,302 (+80.3%)
$29,000 + $536,800
$565,800
2016
$2,941 (−23.9%)
$29,000 + $536,800
$565,800
2014
$3,863 (+19.0%)
$26,200 + $596,900
$623,100
2013
$3,247 (−39.8%)
$26,200 + $596,900
$623,100
2012
$5,397
$25,300 + $482,100
$507,400
Tax history for 2575 S Kihei Rd Unit P403
Year
Property tax
Land + Additions
Assessment*
2026
$16,713 (−11.5%)
$129,200 + $1,105,000
$1,234,200
2025
$18,884 (+15.7%)
$129,200 + $1,105,000
$1,234,200
2024
$16,319 (+45.5%)
$129,200 + $1,326,800
$1,456,000
2023
$11,212 (+23.8%)
$129,200 + $1,153,700
$1,282,900
2022
$9,058 (+128.4%)
$129,200 + $817,000
$946,200
2021
$3,967 (−40.4%)
$41,000 + $723,400
$764,400
2019
$6,661 (+27.1%)
$36,500 + $670,700
$707,200
2018
$5,240 (−1.2%)
$33,400 + $586,200
$619,600
2017
$5,302 (+80.3%)
$29,000 + $536,800
$565,800
2016
$2,941 (−23.9%)
$29,000 + $536,800
$565,800
2014
$3,863 (+19.0%)
$26,200 + $596,900
$623,100
2013
$3,247 (−39.8%)
$26,200 + $596,900
$623,100
2012
$5,397
$25,300 + $482,100
$507,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
890
Year built
1990
Style
Condo/Co-op
County
Maui County
APN
390040050181
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2026.
H-2
H-2 and Hotel District
A Hotel district is a high density multiple-family area bordering business districts or ocean fronts, or both. This district includes public and semi-public institutional and accessory uses.