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Wailea Golf Estates Market Update Feb 2014

Understanding the Market

The Wailea Golf Estates ranks highly amongst the most desirable Wailea Real Estate for sale. I frequently recommend my clients to look in this neighborhood for Wailea single family homes. Every time a new residence hits the market, I am always taken back by how unique each home in the neighborhood is.

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3878 Wailea Ekolu Place sold or $6.3 million

Aside from the diverse architecture, one of the neighborhood’s best features is its convenient location: central, extremely private, and gorgeous ocean views overlooking Ho’olei at Grand Wailea. The gated community boasts 61 custom residences that are encirlced entirely by the Old Wailea Blue Course.

Residents love their homes here for their safe streets, quiet Wailea nights, and friendly neighbors. I also suggest this neighborhood because of the long term investment value(s). Homes in the community represent great buys as they are constantly appreciating in value.

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3910 Waakaula Street sold for $4,987,5000

Although the Golf Estates entails a higher barrier to entry ($2.3Mil-$7Mil), homes in the neighborhood tend to hold their long term value, and compare very nicely to similar ones in the Kapalua area.

For a high end market, the community experienced a productive 2013. There were five homes sold for a respectable sales volume of $22,002,500; the average sales price was $4,400,500. Currently there are five active residences for sale, ranging from $3.25Mil-$6.7Mil. There is also one home currently in escrow.

Just Sold: 3929 Waakaula Place

The residence sold for $2,850,000, matching the full asking price. The home actually entered escrow after barely even being on the market for a week (5 days). Designed to take full advantage of panoramic views of the Blue Pacific, this stunning 3 bedroom/3.5 bath custom-built home is in a private cul-de-sac in prestigious Wailea Golf Estates, one of Wailea’s most sought-after gated golf course communities. Master architect Farrington designed this gorgeous home incorporating columns, high ceilings with inlaid woodwork and sliding glass doors looking out toward Maui’s sister islands of Kahoolawe, Lanai and little Molokini. An elegant Pacific Rim décor enhances this private, single-level home surrounded by mature landscaping featuring river and volcanic rock, fruit trees and lush tropical orchids.

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There’s even a piano designed by Steinway & Sons included in this must-see home. The kitchen features custom- built cabinetry, top-of-the-line appliances, Franke sinks and faucets and a wine cooler. The oversize lanai boasts a barbeque area surrounded by a lovely trellis; the perfect spot for family dining and entertaining guests. Hedges encircle the large pool and pool deck providing privacy and serenity while central dual-zone air conditioners keep indoors a relaxing and comfortable retreat. It just doesn’t get any better than this!

In Escrow: 3943 Wailea Ekolu Place

A Classic Wailea Golf Estates Home! With architectural details & a quality of construction paying tribute to the Art Deco era while embracing our Maui tropical seamless indoor/outdoor lifestyle. Set atop this revered Wailea subdivision & backing up to the 16th fairway of the Wailea Blue Course this 3 bedroom, 4 bath, 4355 sf residence is a must experience. Arched mahogany & glass front entry doors are key-stoned with African Wenge wood accents & open to a grand & curved interior vestibule with meticulously crafted rounded plaster walls accented with mahogany panels.

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The floors are elegant polished marble. Simply expressed a ‘Stately Entrance’. The spacious kitchen opens to the light-filled family room featuring sliding walls of glass on two sides, lovely cross ventilation, a finely crafted mahogany entertainment center & glorious views across the pool deck & out to the sparkling blue Pacific.

Freshly reduced in price: 3954 Waakaula Street

The Art of Living Well: European Elegance in Wailea, Maui. It’s all yours for a cool $6,700,000. The grace and beauty of Hawaii are reflected in this one of a kind residence located in Golf Estates, Waileaa premier gated community. Spectacular views of the Pacific and outer islands can be seen from this 4,276 sq ft of gracious living space, which includes four bedrooms and four and one-half baths.

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The U-shaped home, located on the 4th green of the world famous Wailea Blue Golf Course, surrounds a 20 meter pool with limestone deck, truly an elegant family oasis. The design of the home creates the feel of a sanctuary whether you are in one of the three bedrooms in one wing, the private guest bedroom in the other or lounging quietly on one of three balconies. Each bedroom has its own spacious marble-lined bathroom with custom built-in wooden consoles topped with marble sinks and counters.

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The guest bedroom becomes a haven, with built-in wet bar, small refrigerator and its tranquil view of the serene inner courtyard. The elegant living room with a commanding view of the Pacific, lends itself to entertaining, enjoying the solitude of a good book, or watching Maui’s famous humpback whales. Views from every level of the house take in the greens of the Wailea Golf Course, the azure blue of the warm Pacific and dramatic West Maui mountains.

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Contact a Maui Lifestyle Resource

If the Wailea Gof Estates is out of your budget, then the Hokulani Golf Villas might be a perfect fit! The Dano Sayles team (exclusive listing brokers of the community) has some spectacular, brand new homes for sale for under $1M! Whether you’re relocating to Maui, buying your first home, investing in real estate, or upgrading your living situation, you could not find a better place to live than Maui. This island is more than just a beautiful destination, it’s home to incredible people and some of the world’s most renowned real estate. People come for the sun, but stay for the lifestyle. For more current information on Maui Real Estate, please contact me for a private consultation.

Mahalo,

Anthony Sayles R(S)
808-280-6532
Anthony@DanoSayles.com

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