Sold by the Sayles Team: Wailea Ekolu Unit 501

We are proud to announce that we were finally able to close on the unit after a 30 day escrow. We originally listed the unit at the $870,000 mark and eventually agreed to an all cash offer of $825,000.

Sit back, relax, and savor the stunning ocean views from this newly remodeled unit at Wailea Ekolu Village. The Ekolu community is renowned for its central location in the Wailea resort, and is a very popular year-round destination for short-term vacation rentals.

Interior improvements include gorgeous travertine floors, granite counter tops, remodeled bathrooms, and high-energy efficient stainless steel appliances in the kitchen. The covered lanai and green belt area is perfect for entertaining your friends and family. The indoor/outdoor living arrangement is ideal for relaxing and watching the sunset in the evenings. The master suite has breathtaking ocean views of the Molokini crater and the outer island of Kahoolawe. 

Both bedrooms feature their own separate lanais which helps creates a nice sense of privacy. Exclusive Wailea tennis and golf memberships are available to homeowners. Don’t miss out on this unique opportunity to own your perfect piece of paradise!

Wailea Ekolu Market

Own. Vacation. Rent. Owner’s reap the most benefits of owning a condo at Wailea Ekolu if they choose to take advantage of the condo as a short term vacation rental. The units can generate a substantial amount of rental revenue annually. If owner’s choose to work the rental unit pretty hard, it can provide a very nice return on investment. The neighborhood is always in demand as it is very a popular destination for both visitors and full time Maui residents.

Gorgeous Pacific Ocean views

Sitting on over 18 tropical acres of lush landscaping and delightful views, Wailea Ekolu is paradise awaiting. Finished in 1979, the condominium boasts bursting gardens and consist of 148 town-home style residences which border two of the Wailea “Old” Blue Golf Course’s best holes.  The complex features many great amenities such as 2 solar-heated swimming pools, barbecues, recreation pavilion, housekeeping services, concierge services, and discounted rates at the Wailea Golf Club and the Wailea Tennis Club. They do allow pets, along with long-term rentals and short-term vacation rentals. 

Highest priced unit 908, sold for a cool $1,000,000

This year to date, the Wailea Ekolu market has picked up a little steam with five closings within the last two months. In total, there has been seven units sold representing a total sales volume of $5,670,000. The average selling price of a unit is just a little over $800k at $810,000. The lowest price a unit traded at was as low as $590,000 and as high as $1,00,000. The condos are spending an average of 201 days on the market, a turnover rate that I find a little disappointing with how hot the market is getting.

Second highest priced unit, sold for $895,000

At the moment, there is a decent amount of inventory for sale with five units in total on the market. The potential total sales volume is projected at $4,152,900. The average list price of a condo is marked at $830,580, certainly within striking distance of many buyers out here. The lowest priced condo is valued at barely under $600,000 ($599k), while the highest priced unit is believed to be worth $990,000.

For Sale: Unit 502

From the moment you enter this condo, the Pacific Ocean captivates you. Listed for $949,000, the entry wall was removed to maximize the view during the kitchen remodel with new cabinets, granite counter tops and stainless appliances. Wailea Ekolu is a low density, lushly landscaped, vacation rental complex sitting above some of Wailea’s finest hotels and shops. This is a must see condo. Buyers are asked to honor the future vacation rental bookings.

For Sale: Unit 402

Spectacular Ocean views, EXCELLENT location, private, quiet patio with breathtaking views to enjoy the sunsets & whale watching. Quiet, lush landscape, yet close to BBQ & Pool area. This turn key unit is Home away from Home for $795,000. Currently a vacation rental through VRBO please review the high praises from all guests who continue to return. Bookings through the end of December. Kitchen has everything you need, fully furnished Hawaiian style (except for a few art/photo pieces).

Comfortable beds, sleeper sofa, sleeps 6, beds for 4-6. Located on the Wailea Old Blue Golf Course, Private lanais, ground floor unit & easy parking. Close to Shops of Wailea & beautiful Wailea beaches. This is one of the nicest Ekolu units. A MUST see priced right to sell quickly.

Lowest Priced Condo: Unit 1303

Peace and quite plus a nice ocean view, this one bedroom Wailea Ekolu unit offers great opportunity for the afforable price of $599,000. Ekolu 1303 is clean and ready to be turned into your Maui retreat. Situated in the upper tier of the complex away from any construction and close to the upper pool make this one of the ideal locations in the complex. A short walk to the gateway center and 6 restaurants also add to the convenience of this wonderful condo. Wailea Ekolu 1303 allows vacation rentals, is a pet friendly complex and allows electric bar-be-que grills on the lanai.

Contact a South Maui Real Estate Specialist

Our team has been blessed to have been part of the Ho’olei community since its inception in 2005. We’ve been located on site 7 days a week for the past 5 years. It truly brings a smile to my face seeing first time guests, return visitors, and full-time residences embrace and wholeheartedly love their Maui lifestyle.

Enjoy amazing Wailea nights amongst flickering of tiki torches and soothing waterfalls

We’d like to extend an invitation to you to feel free and stop by the on-site Ho’olei real estate information office, which is open daily, before the reservation desk, from 9:00AM – 5:00PM.

Mahalo,