Maui Hotel/Resort Zoned Short-Term Rentals: The Ultimate 2024 Guide
Maui Hotel/Resort Zoned Short-Term Rentals: A 2024 Guide
Written by Colton West 
Introduction
Aloha! As we navigate the ever-changing landscape of Maui's real estate market, one question keeps popping up: "Is it still a good idea to buy a short-term rental property on Maui in 2024?" Today, we're diving deep into this topic, focusing on hotel/resort zoned short-term rentals that offer both personal enjoyment and investment potential.
Why Maui Short-Term Rentals Are Desirable
Imagine owning a slice of paradise that you can escape to whenever you need a break from the mainland hustle. Now, imagine that same property generating income when you're not using it. That's the magic of short-term rentals in Maui!
The appeal lies in the perfect blend of personal use and investment. Unlike long-term rentals that typically require minimum 6-month leases (often extending to 12 months or more), short-term rentals offer the flexibility to use the property for your own vacations while still earning rental income.
The Importance of Hotel/Resort Zoning
Here's where things get interesting. With Maui County's recent attempts to phase out short-term rentals in apartment zoning, properties in hotel/resort zones have become hot commodities. Why? Because they're not part of this controversial proposal.
When searching for a short-term rental property in Maui, we strongly recommend focusing on hotel/resort zoned areas. This zoning offers more security for your investment in the long run.
How to Find the Right Properties
To make your property search easier, we've created a special webpage that lists only the cream of the crop:
- Come back daily to see what's currently on the market
- Work with the West Team to gain access to our network of sellers, agents, and off-market pocket listings. Take the guesswork out of finding the perfect short-term rental investment in Maui
The Future of Short-Term Rentals in Maui
While the outcome of the proposed short-term rental phase-out in apartment zones remains uncertain, hotel/resort zoned properties stand to benefit if the bill passes. We could see increased rental revenue and property values due to the reduced supply of flexible rental options.
Working with a Maui Real Estate Expert
Navigating Maui's real estate market can be complex, especially for mainland buyers. That's where the West team comes in. We're not just real estate agents; we're your partners in finding the perfect Maui property that aligns with your goals and dreams.
Our expertise goes beyond just vacation rentals. We work with clients from all walks of life, helping them find their ideal properties in paradise. Plus, we'll connect you with our trusted network of property managers, mortgage brokers, and building inspectors to ensure a smooth buying process.
Legal Considerations
Hawaii's independent vacation rental industry has undergone drastic changes in recent years, and the August 8, 2023 West Maui Wildfires have further increased scrutiny on this important local industry. While vacation rentals have their challenges, they are crucial to Maui's overall well-being.
The Hawaii Legislature is considering two bills related to short-term rentals: Senate Bill 2919 and House Bill 1838, which could allow counties to effectively ban legal short-term property rentals. It's crucial to stay informed about these potential changes and their impacts on the market.
There are different classifications of legal vacation rental properties in Maui County:
- Legal residential home vacation rentals (STR or TVR license required)
- Bed and Breakfast Properties
- Apartment or Residential Zoned Condos ("The Minatoya List")
- Hotel Zoned Vacation Rental Properties
Each type has its own set of rules and considerations, so it's essential to work with a knowledgeable real estate professional to navigate these waters.
Maui's Hotel Zoned Vacation Rental Condos: Your Golden Ticket to Paradise
West Maui:
Honokowai:
- Mahana at Kaanapali
- Maui Kai
Kahana:
- Hololani
- Kahana Manor
- Pohailani (only oceanfront portion) - Pohailani has split zoning between the project. The properties that are on the ocean side of the lower road are zoned Hotel whereas the ones on the mauka side of the road are not.
- Royal Kahana
- Sands of Kahana
- Valley Isle Resort
Kapalua:
- Montage Residences at Kapalua Bay
- Ritz Carlton Residences
Kaanapali:
- Honua Kai – all three buildings Hokulani, Konea, and Luana Garden Villas
- Kaanapali Ali'i
- Kaanapali Shores
- Whaler at Kaanapali
Lahaina:
- Aina Nalu - was located in the burn zone and itself completely burned down.
- Lahaina Shores – this property is located in the burn zone in Lahaina and is currently inoperable.
Napili:
- Hale Napili
- Honokeana Cove
- Napili Bay
- Napili Lani
- Napili Point
- Napili Ridge (listed twice in the original list)
- Napili Shores
- Napili Surf
- Puna Point
- Residences at Napili Bay
Central Maui (including Maalaea):
- Hotel Zoned Vacation Rental Properties (no specific properties listed)
North Shore:
- None.
South Maui:
North Kihei:
- Kealia
- Kihei Beach Resort
- Kihei Holliday
- Kihei Kai
- Koa Lagoon
- Maalaea Surf
- Menehune Shores
- Nani Kai Hale
- Sugar Beach Resort
Central Kihei:
- Hale Pau Hana
- Kamaole Nalu
- Kihei Ali'i Kai
- Royal Mauian
South Kihei:
- Hale Hui Kai
- Kihei Surfside
- Mana Kai
Wailea:
- Hoolei
- Residences at Andaz
- Wailea Beach Villas
- Wailea Elua (Phase 1 and 2)
- Wailea Point (no longer permitted)
Makena:
- Makena Beach Club - Discovery Resort
- Makena Surf
- Polo Beach Club
Ready to Invest in Maui?
Ready to take the next step in owning your piece of Maui paradise? Reach out to us, and let's start this exciting journey together. Whether you're looking for a personal vacation home, an investment property, or both, we're here to guide you every step of the way.
Mahalo for considering the West team for your Maui real estate needs. We can't wait to help you make your Hawaiian dreams a reality!