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Napili Bay • Napili
Puna II Condos for Sale in Napili, Maui
Napili Kai • Oceanfront • Low-rise cottages
0 active listings • Median — • Avg DOM —
Puna II is an oceanfront low-rise condominium at 39 Kapalua Pl in Napili Bay—20 fee-simple residences across 20 one-story cottage-style buildings, managed by Napili Kai Management LLC with pool, hot tub, putting green, and walkable beach access.
Buyers compare Puna II to Puna Point at 49 Kapalua Pl—one two-story building with uniform one-bedroom plans—and to Napili Lani and Napili Shores for other Napili Bay oceanfront options.
Explore current listings, recent sales, and ownership insights for Puna II in Napili, Maui.
View all Puna II listingsWest Maui Condo GuideMarket intelligenceCompare Condo CommunitiesCompare Puna II to nearby picks
Verified Condo Facts
Building-level facts for Puna II—ownership, rental posture, HOA context, and scale. Unit-specific tenure, fees, and rental status can differ; confirm on the listing and in AOAO documents.
- Address39 Kapalua Pl
- AreaNapili
- CityLahaina
- Unit count20 in 20 one-story buildings
- Floors1
- Year built1973
- Tenure / ownershipFee simple
- ZoningHotel (verify STR rules)
- HOA rangeVerify with AOAO / MLS / County records
- Short-term rental postureYes
- Minatoya listYes
- Amenities (summary)Pool, Hot tub, Putting green, Beach access
- PoolYes
- ElevatorUnspecified
- ParkingUnspecified
- Oceanfront / beachfrontYes
- Golf course settingNo — not indicated in building profile
- PetsUnspecified
- Last verified2026-07-05
- Regulatory verificationHotel zoning; verify STR posture
Verify before relying on this for purchase or rental decisions. Confirm material facts with AOAO documents, MLS listing packages, and Maui County records before you offer or model rental income.
Request the Puna II Buyer Packet
Get current listings, recent sales, Puna II vs Puna Point comparison, floor-plan notes, Napili Kai rental verification checklist, and HOA context for the unit you are considering.
Why Buyers Choose Puna II
Puna II offers a rare cottage-style oceanfront rhythm on Kapalua Place—each unit in its own one-story building with studios near 418 sq ft, larger studios near 543 sq ft, and one-bedroom two-bath plans near 746 sq ft. Napili Kai amenities include pool, spa, putting green, recreation areas, meeting room, and on-site security—shared with the broader Napili Kai neighborhood.
Overview
Puna II sits at 39 Kapalua Pl in Napili Bay—oceanfront fee-simple condominiums in Hotel zoning with vacation-rental use in context and long-term rentals not permitted. Napili Kai Management LLC operates the community. Buyers cross-shop Puna Point for uniform one-bedroom plans in one building and Napili Lani for a single two-story oceanfront tower on Kapalua Place.
Puna II Floor Plans
Puna II spans studios near 418 sq ft (10 units), larger studio one-bath plans near 543 sq ft (2 units), and one-bedroom two-bath layouts near 746 sq ft (8 units) across 20 one-story buildings—confirm sizes on the MLS listing.
Amenities and Napili Kai Lifestyle
Shared amenities typically include pool, hot tub or spa, putting green, BBQ and recreation areas, meeting room, on-site security, central air conditioning, and walkable beach access—operated in the Napili Kai resort context.
Community laundry is typical. Cable is often paid by the association—confirm the current HOA fee schedule.
Puna Point vs Puna II
Puna II and Puna Point share Napili Kai Management but differ in building form, zoning, and floor-plan mix.
Puna II (39 Kapalua Pl)
20 one-story buildings; studios through one-bedroom mix; Hotel zoning; built 1973; cottage-style privacy.
Puna Point (49 Kapalua Pl)
One two-story building; 20 uniform one-bedroom plans; Napili Bay Civic zoning; built 1970.
Not sure whether Puna Point or Puna II is the better fit?
Request a comparison packet with current listings, recent sales, floor plan notes, and Napili Kai rental-use considerations for the Kapalua Place units you are cross-shopping.
HOA, Ownership, and Rental Context
Puna II is fee simple with Hotel zoning—confirm rental rules with AOAO and Napili Kai Management. Long-term rentals are not permitted; pets are generally not allowed.
Who Puna II Is Best For
Buyers wanting cottage-style oceanfront with studio or one-bedroom options in the Napili Kai neighborhood.
Owners who value detached one-story buildings over a single shared tower or two-story structure.
Local Broker Insights on Puna II
Puna II is the Kapalua Place option for buyers who want cottage privacy—20 buildings, mixed floor plans, Napili Kai services. I tell clients to compare studio versus one-bedroom performance carefully and to verify Hotel-zoning rental posture on the exact unit. Point next door is simpler; II is more varied.
Rental Potential & Investment Insights
Puna II carries Hotel zoning—vacation-rental use is part of its history, but verify AOAO rules, county registration, and Napili Kai Management requirements before you model income. Long-term leasing is not permitted.
Studio and one-bedroom mix means ADR and occupancy vary by floor plan—underwrite the specific unit, not a blended Napili average.
Amenities
Pool • Hot tub • Putting green • Beach access
Lifestyle
Daily life feels like cottage-style resort living—single-story buildings, oceanfront lawns, pool and putting green nearby, and walkable Napili Kai beach and dining.
Compared with Puna Point, II trades uniform one-bedroom plans for detached one-story privacy and studio-to-one-bedroom diversity.
Buyer fit
Puna II fits buyers who want oceanfront Napili Kai living in cottage-style one-story buildings with studio or one-bedroom options and resort amenities.
Weaker matches: buyers needing long-term tenant income, pets, or a single uniform floor plan—compare Puna Point.
Investor fit
Treat Puna II as a floor-plan-specific play—studios may perform differently than one-bedroom layouts. Verify Hotel-zoning rental posture and net carry after HOA and management.
Pros & Considerations
Pros
- —Oceanfront
- —Low-Rise
- —Walkable
Considerations
- —Minatoya-style listing does not by itself establish a legal STR right—verify parcel, AOAO rules, and county records for the unit
- —Older construction—verify systems, reserves, and planned projects on the unit you like
- —Location tradeoffs in Napili—validate beach access, noise, and parking on visits
Recent sales
Closed sales at Puna II from the MLS (rolling 12-month window — same basis as the market snapshot above).
Recent sales for Puna II will appear here when matching sold MLS records are available.
Thinking About Selling Your Puna II Condo?
Puna II values vary by floor plan—studios, larger studios, and one-bedroom cottages trade on different bases. We can compare your unit against active listings, recent sales, and current Napili Kai buyer demand before you list.
Active listings at Puna II
There are currently no active listings at Puna II.
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Location & Nearby West Maui Highlights
Puna II sits on Kapalua Place in the Napili Kai resort neighborhood—oceanfront with walkable beach access, Napili Plaza, and neighborhood dining toward Kapalua.
Napili Kai combines resort services with Napili walkability. Puna II leans cottage-style oceanfront with detached one-story buildings along Kapalua Place.
Napili • Napili Bay
39 Kapalua Pl
- —Napili
- —Napili Bay
- —Lahaina
See where Puna II sits relative to nearby resorts, beaches, and West Maui condo communities.
Building Intelligence & Ownership Insights
Puna II in Napili deserves the same diligence as any Maui condo: understand construction era (year built near 1973), community scale (~20 in 20 one-story buildings units), 1 floors, and how those factors influence maintenance, insurance, and long-term upkeep.
Zoning (Hotel (verify STR rules)) frames common use patterns in the area; buyers should still reconcile zoning with HOA rules and county requirements for any intended use.
Insurance, windstorm exposure, and building-wide projects can move assessments. Review the latest association financials, reserve study, and meeting minutes where available—Puna II is no exception.
- Short-term rental:Yes
- Ownership:Fee Simple
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Sources and verification
Facts on this Puna II guide are drawn from the Aina building dataset, West Maui MLS activity shown on this page, and editorial review. Material items—zoning, transient rental eligibility, HOA fees, special assessments, and insurance—must be confirmed with AOAO documents, listing packages, and Maui County records before you rely on them for a purchase, sale, or rental decision.
- AOAO / association: CC&Rs, budgets, reserve studies, rental rules, and meeting minutes for the subject unit.
- Maui County: zoning, transient accommodations permits, Bill 9 guidance, and property tax classification for the parcel.
- MLS: active and sold listings, remarks, and fee disclosures on the specific unit.
Last guide review: 2026-07-05. Market metrics refresh as MLS inventory changes.
Related market guides
This page is market education from a licensed Hawaii real estate brokerage—not legal, tax, or investment advice. Equal Housing Opportunity.
FAQ
Where is Puna II located?
Puna II is at 39 Kapalua Pl in Napili Bay—oceanfront on Kapalua Place within the Napili Kai resort neighborhood on Maui’s north shore.
How many units are at Puna II?
Puna II includes 20 fee-simple residences across 20 one-story oceanfront buildings—each unit in its own cottage-style structure.
When was Puna II built?
Puna II was built in 1973. Interior renovation schedules vary by unit—confirm condition on the residence you are buying.
What floor plans are available at Puna II?
Inventory mixes studios near 418 sq ft (10 units), larger studio one-bath plans near 543 sq ft (2 units), and one-bedroom two-bath layouts near 746 sq ft (8 units). Confirm published sizes on the MLS listing.
Is Puna II fee simple?
Yes. Puna II is fee simple—confirm the interest conveyed on the listing, SPDS, and title commitment.
Are short-term rentals allowed at Puna II?
Vacation-rental use is permitted in context, but Puna II carries Hotel zoning—verify AOAO rules, county registration, and Napili Kai Management requirements before you model income. Long-term rentals are not permitted.
Who manages Puna II?
Napili Kai Management LLC operates Puna II with on-site security—confirm current management contacts and rental-registration requirements in AOAO materials.
What amenities does Puna II offer?
Amenities typically include a swimming pool, hot tub or spa, putting green, BBQ and recreation areas, meeting room, on-site security, central air conditioning, cable paid by the association, and walkable beach access.
How does Puna II compare to Puna Point?
Puna II offers cottage-style one-story buildings with studio and one-bedroom diversity at 39 Kapalua Pl. Puna Point is one two-story building with uniform one-bedroom plans at 49 Kapalua Pl—both Napili Kai–managed oceanfront product on Kapalua Place.
What should buyers verify before purchasing at Puna II?
Review Hotel-zoning and rental posture, HOA dues and reserves, renovation level, floor-plan size, parking, community-laundry setup, and recent comparable sales within Puna II.
Where Puna II Sits in the Napili Kai Market
Puna II is a distinctive oceanfront product on Kapalua Place—20 fee-simple residences in 20 one-story cottage-style buildings with studio and one-bedroom inventory, managed by Napili Kai Management LLC. Buyers cross-shop Puna Point for uniform one-bedroom plans in a single two-story building, Napili Lani for resort amenities on Kapalua Place, and Napili Shores for larger scale.
Hotel zoning and Napili Kai management shape rental operations—verify AOAO rules, county registration, and that long-term leasing is prohibited before you underwrite guest income.
Kapalua Place buyers typically compare Puna II and Puna Point first—same management, different building form and floor-plan mix.
Most buyers compare Puna II with these nearby communities:
Still deciding if Puna II is the right fit?
We’ll walk you through studio and one-bedroom floor plans, Napili Kai rental verification, HOA context, and how Puna II compares to Puna Point and Napili Shores — so you can make a confident decision.
