Just one block from the ocean, this distinctive Kihei estate offers exceptional lifestyle flexibility and outstanding long-term potential. Situated on a generous 32,670 sq. ft. R-2 zoned lot, the property features three separate dwellings, surrounded by lush tropical landscaping and ample on-site parking. The zoning allows for future expansion—up to six dwellings—making it ideal for multi-generational living, shared ownership, value-add opportunities, or strong rental income potential. The two-story rear residence includes five bedrooms and five bathrooms, a full kitchen, and an additional kitchenette. Its upper-level suite—known as The Penthouse—boasts a spa-style shower and a rooftop deck with a jacuzzi, offering panoramic ocean and mountain views. Sliding doors in each bedroom allow for optional private entrances, perfect for guests or tenants seeking privacy. The front house offers five bedrooms and three bathrooms, including a recently built and remodeled upstairs addition with its own bedroom, bathroom, living area, wet bar, lanai, and private entrances—ideal for visiting guests, long-term rentals, or extended family members. The third dwelling is a thoughtfully designed 360 sq. ft. detached cottage, complete with a modern full kitchen, Murphy bed, built-in office space, and full bath. An outdoor shower and enclosed outdoor half bath make it perfect for rinsing off after a day at the beach. Additional features include no HOA, air conditioning throughout, owned photovoltaic systems, two water meters, and a purchased transformer. With its rare combination of flexibility, income potential, and expansion opportunities (subject to county requirements), this is a truly one-of-a-kind, fully permitted Maui property—generating excellent monthly rental income while offering room to grow.