There were three Wailea Condos that went into escrow yesterday, all listed over $2,000,000.00. Two units at Wailea Point, and one great ground floor unit at Makena Surf. Wailea Point 3102 (MLS #344372), which went under contract yesterday, was an exceptional value offered at 2.995M. Originally listed at 3.8M, this unit was one of the…
Ho’olei condo sales hit record highs
By Dano Sayles, REALTOR Broker on February 28th, 2011Two recent Wailea condo sales in the luxury community of Ho’olei are setting record highs that have not been seen in the last two years. Today we closed Ho’olei Villa 39-6 for a record $2,625,000 which represents the highest sale in the neighborhood since October 2008. The second highest sale happened just a few days…
Wailea Point Real Estate Market Heats Up
By Dano Sayles, REALTOR Broker on February 26th, 2011There were three Wailea Condos that went into escrow yesterday, all listed over $2,000,000.00. Two units at Wailea Point, and one great ground floor unit at Makena Surf. Wailea Point 3102 (MLS #344372), which went under contract yesterday, was an exceptional value offered at 2.995M. Originally listed at 3.8M, this unit was one of the…
Wailea Golf Estates: Great New Home For Sale
By Dano Sayles, REALTOR Broker on February 23rd, 2011Last week, an exquisite new home came on the market in the Wailea Golf Estates community. 3913 Wailea Ekolu Drive (MLS #347041), offered at 3.495M, presents a rare opportunity to gain entry into Wailea’s premier golf course neighborhood. There are only 61 different home sites in the Wailea Golf Estates, which sit on a gorgeous a…
Wailea Ekolu: Deal of a Lifetime
By Dano Sayles, REALTOR Broker on February 23rd, 2011There are currently 2 distressed Wailea Condos on the market in the greater Wailea/Makena Resort area, one of which is offered in the highly sought after community Wailea Ekolu. Wailea Ekolu is one of eight Wailea Condo communities that permit owners to rent out their homes on a short term basis. The neighborhood was built in…
Wailea Condos for sale – a market snapshot for February 19
By Dano Sayles, REALTOR Broker on February 19th, 2011Here is a brief market snapshot of Wailea condos for sale and Makena condos for sale as of February 19, 2011. 1 Bedroom Wailea condos for sale Number of available properties: 20 Average asking price: $854,795 Average living area: 943 square feet Average price per square foot: $905.83 2 Bedroom Wailea condos for sale Number…
Papali Wailea Real Estate Activity Heats Up
By Dano Sayles, REALTOR Broker on February 17th, 2011With only two homes left on the market, now is a great time to purchase a residence at Papali Wailea. Each of the 24 residences at Papali has approximately 15 feet of vertical separation, giving owners the ultimate feeling of seclusion. The Design concept of the residences includes a wide-open, airy floor plan, with two…
Hoolei Real Estate Activity Heats Up
By Dano Sayles, REALTOR Broker on February 17th, 2011There are currently 3 villas in escrow in the Ho’olei community, which represents 60% of all Wailea Condos under contract over 2 million. The market has really picked up lately in South Maui, with many qualified cash purchasers dominating the marketplace. My team of buyer specialists and I are experts in the Hoolei neighborhood, as…
Grand Wailea Resort might be bought by Singapore
By Dano Sayles, REALTOR Broker on February 17th, 2011The Government of Singapore Investment Corporation has offered to buy the Grand Wailea Resort Hotel & Spa and 4 other resorts for a combined price of $1.5 Billion. As reported in Bloomberg, the Singapore sovereign wealth fund manages more than $100 billion of Singapore’s foreign reserves and has already invested in hotels like the Westin…