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Maui Real Estate Resources

The Maui Real Estate Blog

Just Sold: Ho’olei Unit 23-2

Ho’olei Sold by Lucas Woodford and the Sayles Team

This Ho’olei villas was originally put on the market back in late November of 2013. It was originally listed for $3.1 million, a fair price for a Ho’olei unit at the time. However, the condo didn’t move quite as quickly as expected. After a fair amount of time on the market, the listing agent reduced the price to $2,975,000. Still sitting on the market after the reduction, we were able to get a great price for our clients. We closed on the unit for $2.7 million.

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This was professionally decorated with high quality through out as the unit was completely done with a no limit on expenses. This is presently in the onsite rental program with all the amenities of the complex and access to the beach. This is a very well appointed unit and has a very successful rental income record through the onsite rental program.

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Ho’olei Market Update

The Ho’olei villas have had quite a decent year with a total of eight transactions made since the beginning of 2014. We are proud to say that we are the market leaders in the community after taking part in seven out of the eight deals in the neighborhood. The villas are trading at an average sold price of just over $2.7 million, $2,714,375 to be exact. However, one of our clients was able to pick up a Ho’olei for under $2 million. Just this year we were able to get our clients into the lowest priced unit for $205k under asking at $1,690,000. We sold the highest unit at Ho’olei for $3,250,000 as a pocket listing, a few hundred thousand off the peak of the market.

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At this very moment, there are ten active listings for sale. The inventory in the neighborhood is quite impressive. A majority of the residences are above the $3 million mark, it is the testament to the quality of units that we have available. The total projected sales volume for the neighborhood is $33,645,000 with the average list price $3,058,636. Our Sayles team represents 60% of the inventory which keeps us up to date with the pulse of the market and aware of the type of buyers that are coming through.

Listed by the Sayles Team: Unit 112-5

Special properties like Ho’olei Villa 112-5 (F5) rarely become available, and if so it is for a hefty price. Unit 112-5 is tied for the most expensive unit for sale at $3,495,000 This luxrious residence is really one of a kind, you must truly see this villa in person to appreciate the quality. Interior upgrades include imported African Mahogany wood floors throughout, custom African Mahogany cabinets in the kitchen, as well as bamboo ceiling treatment in the great room area. Designed by a prestigious California interior design group, this villa is both comfortable and tasteful. High tech security system with state of the art cameras, and custom surround sound speakers featured throughout the home.

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Imported marble and granite was added in all of the bathrooms, as well as additional cabinet storage for your comfort and convenience. Thick dual-paned Fleetwood glass doors magically retract into the walls to reveal access to the upstairs covered lanai. This indoor/outdoor living arrangement is simply perfect for entertaining your friends and family. You have never seen a villa like this before at Hoolei. Finely appointed and being offered fully furnished by the sellers. Great rental history available upon request. One of the sellers is an active REALTOR in the state of Hawaii.

Listed by the Sayles Team: Unit 39-4

Hoolei Villa 39-4 is an iconic home that is situated in the heart of the last resort-zoned development in Wailea, Hoolei at Grand Wailea Resort. The view is quite spectacular with pocketing doors that open up to the amazing blue water clear out to the island of Lanai and it can be all yours for $3,495,000. Furnished by a prestigious interior design firm, this villa is both tasteful and comfortable. Custom wall colors and lighting on dimmers combined with the palate of the Snaidero cabinetry and thick granite counter tops compliment each other perfectly.

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Two Sub Zero refrigerators, four freezers, Wolf stainless steel appliances and grill add to the luxury feel of this contemporary kitchen. Thick dual-paned Fleetwood glass doors magically retract into the wall to reveal and allow access to the lanai. This indoor/outdoor living arrangement makes it perfect to enjoy your meals on the lanai with the soothing sounds of the ocean and breezes coming through the home.

Listed by the Sayles Team: Unit 75-5

One of the best views in the entire neighborhood for $3,150,000. This beautiful town home is in absolute immaculate condition. Fully equipped with a modern electronics package, and being offered completely furnished by the sellers. Enjoy gorgeous sunsets year round! Relax with the comfort and ability to “lock and go” while at the same time enjoy the comforts of a condominium designed to feel like a stand-alone residence.

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The Maile floor plan seamlessly blends indoor/outdoor living that flows throughout the entire residence. Interior appointments include a private elevator, a gourmet Studio Snaidero kitchen with Wolf and Sub Zero appliances abundant. On-site amenities include one of the most impressive pools in the Wailea Resort, a vast pavilion area, and a state-of-the-art fitness facility. Don’t miss out on this great opportunity to own your perfect piece of paradise.

Contact a Ho’olei Neighborhood Specialist

Our team has had the pleasure of being part of this extraordinary community since its creation in 2005. We are located within the community in the real estate information office, just next to the two check in desks.

We are also on-site real estate team at the Ho’olei villas, we are open from 9AM-5PM daily, so feel free to stop by anytime. Also, see a full list of Wailea condos for sale and Makena condos for sale.

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Some Ho’olei condos for sale offer majestic views

Whether if you’re retiring on Maui, buying your first home, looking for investment properties, or starting your new life, you could not have picked a better place to live than Maui. The island offers more than just beautiful sunsets and picturesque beaches, it’s home to amazing 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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