40 Ae Pl, Paia, HI 96779

$3,000,000 Asking Price

3 beds
2 baths
956  sqft
Built in 1931

Discover an enchanting beach cottage that masterfully blends 1930s plantation-style charm with modern convenience at 40 Ae Place. Beautifully renovated to preserve its historic character, this beach house is nestled on a private lane, offering tranquility and close proximity to the restaurants, shops, and boutiques in vibrant Paia Town. Deeded beach access guarantees that beach walks and surf sessions are just moments away. This residence features 3 bedrooms, 2 baths, original hardwood floors, a peekaboo ocean view, 2-car garage, and a separate laundry room. This captivating historic home has been thoughtfully reconfigured into two separate dwellings, with the flexibility to be effortlessly converted into a single, unified living space. The two-bedroom, one-bathroom unit with a full kitchen offers a modest ocean outlook and a covered lanai. The second unit features one bedroom, one bathroom, a wet bar, and a covered lanai just moments from the pristine white sands of Paia Bay. Consider acquiring this property as part of an extensive commercial portfolio comprising eight exceptional properties, including a luxury boutique inn, multiple retail spaces, two restaurants, two beachfront residences, a wedding site, and versatile indoor and outdoor oceanfront event spaces. This unique offering presents an unparalleled investment opportunity in the heart of Paia Town.

Features & Amenities

Interior

General:
Ceiling Fan(s), Chandelier/Swag Lamp, Furnished, Inventory, Kitchen Ware, Linens, TV Cable, Remodeled
Master Bedroom:
Ground
Appliances:
Microwave, Range, Refrigerator, Washer
Flooring:
Wood, Tile
Heating:
None

Exterior

Style:
Plantation
Parking:
Garage, Parking spaces: 2

Construction

Roofing:
Corrugated Steel
Windows:
Drapes
General:
Wood, Single Wall, Wood Frame, One, Pillar/Post/Pier

Location

Road/Access:
Private Road
Originating MLS:
Black Knight 1 - Maui

Lot

Topography:
Level
Zoning:
R-1, 2260020290000
View:
Garden, View
Fencing:
Wall/Fence

Utilities

Utilities:
Cable Connected, Overhead Electricity
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Black Knight 1 - Maui

This listing courtesy of:
Compass, Chelsea Dimin

About Paia, HI

Housing

Number of Units
1,196
Median Home Value
$739,103
Median Rent
$1,660

35.88% of housing units are renter occupied.

12.84% are vacant.

Commute

Car
53.00%
Public Transportation
0.89%
Walk to Work
2.03%
Work from Home
43.49%
Other
0.03%

The median travel time to work is 15 minutes.

People

Population
2,857
Median Age
40.90
Median Household Size
3.04

Education

High School
29.50%
Associate’s Degree
8.02%
Bachelor’s Degree
18.11%
Graduate Degree
8.65%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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