Kalama Terrace Condos for Sale in Kihei, Maui

Kalama Terrace is a 61-unit condominium at 35 Walaka Street in Kihei. Current Kalama Terrace listings appear on this page and update daily from the Maui MLS, and you can save a search to get new listings by email.

Vacation rental zoning: Kalama Terrace is apartment-zoned (A-2) and on the Minatoya list, so vacation rentals are allowed today. Under Bill 9 (Ordinance 5909), that use ends January 1, 2031 in South Maui unless the property is rezoned. See our Maui Bill 9 guide and the Minatoya list by area.

Kalama Terrace at a Glance

Address35 Walaka Street, Kihei
AreaKihei, South Maui
Units61 (Minatoya list)
Typical unitsMostly one-bedroom units, with some two-bedrooms
Recent pricesOne-bedrooms from about $240,000 to $650,000; two-bedrooms from about $345,000 to $575,000
County zoningA-2 (Apartment); on the Minatoya list
Vacation rentalsAllowed until January 1, 2031 under Bill 9, unless rezoned

Buying at Kalama Terrace

Kalama Terrace is one of the more affordable ways into a Kihei condo, with a typical recent one-bedroom price around $330,000. The wide price range reflects differences in unit condition and terms, so look closely at each listing.

If you plan to rent to vacation guests, factor the January 1, 2031 Bill 9 deadline into your price and plans, since the deadline affects what future buyers will pay. After that date, units can still be lived in or rented long term. Before you buy, review the association budget, reserves and any planned special assessments, and ask about rental management options. Vacation rental income is subject to the 11% state transient accommodations tax, 3% county TAT and 4.5% general excise tax. See our vacation rental investment guide and condo insurance and HOA fees guide.

Nearby Condo Buildings

Other Kihei condominiums to compare:

More Kihei Resources

Building facts from the County of Maui, the Maui MLS and public records, October 2026. Prices are recent MLS listings and sales and change daily. Confirm zoning for any unit with the Maui County Department of Planning.

Have Questions About Buying or Selling at Kalama Terrace?

Every condominium community has its own HOA policies, monthly fees, amenities, and ownership considerations. Whether you're purchasing your first condo or preparing to sell your Kalama Terrace unit, the Maui Property Team can provide personalized guidance, current market insights, and local expertise throughout every step of your real estate journey.

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