After about three months on the market 80 Hale Alii Place has finally entered escrow. It is lasted at $2,850,000, the highest priced listing in the neighborhood.
TRULY EXCEPTIONAL!! The pictures speak for themselves. LUXURY and PRIVACY at its best. One of the nicest remodels in Wailea–a stunning transformation of a Farrington house. Desirable and very spacious single-level floor plan flows beautifully from room to room and extends onto entertaining lanais. Large living room with dramatic ceiling and entertainment center. DREAM kitchen at the heart of the house. Behind kitchen is the laundry room/butler’s pantry. Master Bedroom Suite with adjoining office and luxurious bathroom. Separate are 2 en-suite bedrooms, both with private lanais and one with outdoor shower.
Exquisite finishes and beautiful details: Quartzite flooring–inside and out, custom walnut cabinetry, Blue Bahia granite, honed black absolute granite, top-of-the line appliances. Majority of home systems, appliances and fixtures have been upgraded, including photovoltaic solar system. Impeccably landscaped yard/gardens with pool, waterfall and spa. Located in the private, gated community of Wailea Fairway Estates, directly across from Andaz and Wailea Beaches.
The Wailea Fairway Estates real estate market is traditionally an active market, however, this year it has been a different story. This year to date, there has only been three homes sold with all transactions taking place after late March. The average sold price of the homes sit at $1,789,333, a modest price for a Wailea residence. The lowest priced home was an absolute steal, it was able to close for $1,475,000, $525,ooo off the original asking price of $2,000,000. The highest priced home closed for $2,108,000 after sitting in escrow for 9 months.
Gated entrance into the neighborhood
At this very moment, there are no homes actively for sale because all three homes are currently sitting in escrow. The three homes that sit in escrow currently represent a total projected sales volume of $5,368,000.
In Escrow: 100 Hale Alii Place
This residence is the perfect home for buyers looking to get into the resort for a decent price. The home is well below the average Wailea residential listing price of $3,455,944.
Extremely private, one-level home located high on a knoll in the exclusive gated community of Wailea Fairway Estates for $1,575,000. Lovely ocean views and sunsets from this immaculate, gracious home. Whale watch from the screened-in lanai. Huge 15,630 sq ft. lot with a ravine on the south side of the property gives a feeling of great space and privacy and yet you’re in the heart of Wailea. Walk through the gate down to Wailea’s beautiful beaches. Six-car parking area facilitates parties and entertaining.
Fruit trees on the property – avocados, bananas, mango and pomelo. This home has everybody’s favorite floor plan. The Master bedroom with “his” and “her” bath rooms is on one side of the huge, vaulted ceiling living room while on the other side there is a second bedroom with private bathroom. The koa kitchen gives a rich Kama’aina feeling.
In Escrow: 70 Hale Alii Place
Located in sought after Wailea Fairway Estates, this stunningly beautiful home is a residential work of art listed at $2,095,000. with every detail designed to create an elegant yet comfortable lifestyle. Impressive landscaped grounds boast a sun drenched pool and spa, lush tropical plantings, ultimate privacy and a soothing waterfall. Just moments away from world renowed beaches and the incomparable Shops of Wailea, this architecturally designed home balances entertainment spaces with relaxed everyday amenities. Custom built by current owners in 2001, this private retreat has been meticulously maintained and nurtured to create an oasis of peaceful serenity.
Enjoy ocean views from the living room, kitchen and master suite which all open to a large covered lanai. The gourmet kitchen with gas cooktop and top-of-the-line appliances makes entertaining a joy. Besides the large master suite there are three other bedrooms. A spacious family room open to the lanais leading tot he tropical pool and spa. Truly a tranquil hideaway seamlessly integrated with the natural beautiful of the island of Maui. *Owners have out-of-state real estate license.
Contact a South Maui Real Estate Specialist
If you ever happen to be down on the South side, 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,Anthony Sayles R(S) 808-280-6532 Anthony@DanoSayles.com