Cooling Private Plunge Pool & Ocean Views: Kai Malu Unit 61B

Listed early this week, Kai Malu unit 61B is the latest premier unit to come to market. Over the past year I have watched the Kai Malu market slowly rise to the point where owners are looking to cash out. The highest sale last year was just under $2 million, a handsome profit for many of the owners if they were one of the original buyers of the community. The MLS values the condo at $1,650,000, if these condos are priced right they can move within a matter of weeks. I suggest act fast if you would like to secure property in here.

Enjoy luxurious Hawaiian style living at this Kai Malu townhouse. This residence has it all: location, privacy, views, afternoon breezes, natural sunlight, a brand new kitchen, new carpets, new interior paint, and travertine on the first floor that also seamlessly transitions to the outside patio and around the spa area.

Experience tropical ambiance that will take your breath away and award yourself with astonishing island views: from the gentle morning sunrays rushing down the hill of Haleakala to the whales playing at Molokini. The views of the blue Pacific Ocean are highlighted in almost every window of this elegantly furnished residence.197 Kainui is offered furnished; some art is excluded from the sale.

Kai Malu Real Estate

The Kai Malu market got off to a slower start in 2014 than usual, not much activity occurred in the first couple months of the year. However, that all changed once March rolled around, sales started to slow in consistently until lateAugust. In total there have been 9 units sold, compiling a running sales volume of $11,685,387. Although the market did not break double digits is still a respectable amount of volume for any neighborhood in the resort. Homes sold for an average price of $1,298,376 in 2014.

The clubhouse views speak for themselves

The lowest priced condo of 2014 sold for under $1 million at $950,000, $48k off the original asking price. To get into the Reosrt for under $1 million in Kai Malu is a deal to be proud of. While the highest priced unit was arguably a great deal, the buyers were eager to close at full asking price of just under $2 million at $1,950,000 to be exact. Something I would like to point out to sellers is that there is an indication the best Kai Malu units go quickly. The two highest priced units signed, sealed, and delivered in under 1 month. There is also one unit in escrow valued at $1,195,000.

The larger of the plunge pool models

At the moment, there is a double digit amount of inventory available; however, the barrier to entry into Kai Malu has been on a steady incline. Just a year and a half, two years ago, it was more realistic that you could into the community for under $1 million. Nowadays, it’s a little harder to do. All of the condos are listed at over $1 million with the average list price sitting at$1,568,300, a very high average list price for this neighborhood. The average list price is great for home buyers as the units will retain their value over time. The lowest priced condo listed is located in okay spot in the community, not boasting any particular view except for mountain views. It is very neatly decorated and valued at $1,095,000. The highest priced condo is listed for $1,865,000, it is one the best units in the community and is easy to see why it is valued at a little under $1.9 million.

Listed by the Sayles Team: 78 Kainehe Place

Experience the very best Kai Malu Wailea has to offer and could be all yours for $1,699,000. Perfectly framed ocean views out towards the West Maui Mountains that will inspire you. Located directly across from the 12th green of the Wailea Blue Course, this private Maui getaway is truly a residence of distinction. The interior of the unit has been professionally decorated and offers an elegant and contemporary Eastern-Hawaiian feel. Finely appointed, and being offered fully furnished by the sellers.

GE Monogram stainless steel appliances, gorgeous alder chestnut cabinets, and Verde Fontain granite counter tops featured for your modern cooking convenience. The downstairs covered lanai flows out nicely to a private greenbelt area. This indoor/outdoor living arrangement makes 78 Kainehe perfect for entertaining your friends and family. Stunning Mediterranean Travertine floors featured in the entry, the kitchen, and in all of the bathrooms.

The upper level master bedroom also has its own private lanai, and offers incredible evening views of the twinkling lights of Maalaea Harbor. You must truly preview this home in person to appreciate the quality. Don’t miss out on this unique opportunity to own your perfect piece of paradise.

Price Reduction: 112 Kai La Place

Privacy with beautiful views for $1,795,000. When entering the home you feel the welcoming of the ocean and tropical flowers framing this exceptional setting. Open great room flooded with light and extended lanai makes this a delight for entertaining. Open kitchen with generous storage, attached garage and being offered furnished. This rare 3 bedroom 2 bath with master upstairs facing out to the Pacific and sunsets. Separated guest bedroom facing Haleakala and upcountry setting.

Kai Mal is close proximity to the heart of Wailea, beaches, and five-star shopping, dining and golf. Amenities include 75 heated infinity edge pool, spa, fitness center w/ locker rooms, sauna and steam rooms and pavilion with BBQ and kitchen.

Second Highest Priced Condo: Unit 26A

Exceptional views! This very special Kai Malu residence is perfectly situated in the community, offering ideal privacy and amazing panoramic views from West Maui mountains to Kahoolawe and Molokini for $1,875,000. This Lewa floor plan, with ocean views from every room, has 3 bedrooms and 2-1/2 baths, in addition to a covered lanai, yard, central a/c and a two car garage. This unit is being offered fully furnished and turnkey, including kayaks, beach gear, kitchen wares and linens. The gourmet kitchen has granite counter tops, GE profile appliances and tile   

The upstairs master bedroom offers spectacular views and privacy with a bathroom that has a large soaking tub, shower and double sinks. Kai Malu is located in the heart of Wailea, in close proximity to beaches, shopping, golfing, dining and more. The community center at Kai Malu has wonderful amenities such as a beautiful infinity edge pool, spa, work out room, locker rooms with sauna and steam rooms, a BBQ area, and pool pavilion. Dont miss this opportunity to own one of the premier residences in Kai Malu.

Contact a Maui Real Estate and Lifestyle Specialist

Ho’olei villas, we are also currently the in house “Sayles” team at Ho’olei Grand Wailea

Please interview me to be your trusted Maui Real Estate and Lifestyle Advisor. I was born and raised on the island, and spend a considerable amount of time to inform my clients about the best deals currently on the market. Please do not hesitate to call me for your Maui real estate needs. I am more than happy to assist you in your home search.

Aloha,