Consisting of over 9,200 sq ft of flexible living space, this luxury residence is located between Kaanapali and Kapalua. The project was completed in late 2009 by Californian architecture firm Arri LeCron. The specification includes 7 bedrooms, each with a luxurious bath, plus an attached oceanfront 529 sq ft guest home with one bedroom / one bathroom. Add an oceanfront pool with spa and waterfalls, a sport bar with pool and games tables, 3 extra half bathrooms and a three-car garage and you end up with a price tag of $14.9 million. If you are considering starting your own luxury vacation rentals business, the Jewel of Kahana might be a good start: the property is being sold fully furnished…

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