Wailea Point Stunner Now In Escrow: Unit 2304
Listed in early August of 2014, this Wailea Point unit is valued at $2,475,000. The unit is set a little higher up in the community so it allows for nice ocean views of South Maui and West maui. Also since it’s set further back, the unit comes with a lower price tag than some of the front row units. The unit was on the market for about six months before it entered escrow this past weekend which is surprising as under $2.5 million for a Wailea Point is a great price. The unit is a two bedroom, two bath with just under 1600 square feet and is on the second level. Sale includes garage apartment 2304-G.
Among the finest ocean views in Wailea Point, facing the dynamic West Maui Mountains. Lovely home located on the cool side of the property overlooking the main recreation / pool area. Excellent privacy. Vaulted ceilings enable a future loft addition. Not extensively remodeled, but many thoughtful improvements show pride of ownership: New, high quality tile and carpet flooring; new granite countertops in kitchen, lanai and guest bath; freshly painted; new stainless steel barbecue set in new cabinetry & countertop; air conditioning extended into master bath; filtered water throughout the unit; low volt halogen lighting; & more.
Wailea Point’s extensive amenities are second to none: 2 pavilions, 4 pools including a lap pool, tennis & other sport courts, well equipped fitness center & more. Best of all? The price! Enjoy a great location in Hawaii’s finest condominium, with outstanding views, lovely interior and the potential for loft addition – at a price hundreds of thousands below what one would expect for a property of this caliber.
Wailea Point Real Estate
In 2014 there were only five units sold in the community, the low amount activity in the neighborhood is an indication to the exclusiveness of the neighborhood. Carrying costs, high mortgages, and community dues ensure that only a select cliental can afford this coveted community. The total sales volume reared its head above $14 million, with $14,449,887 in total dollar sales volume, it was very respectable year for the complex. The average sold price of a unit was $2,889,977, not much different than another special community in the Resort, the Ho’olei Villas.
Last year the lowest priced unit sold for $1,450,000, a very low barrier to entry into the community considering the level of luxury and quality of real estate. It was a 14oo square foot unit with a nice lanai space to enjoy the Wailea days. The highest priced unit sold for $4,450,000, a very reasonable price considering it’s beach front location and impressive remodel. There are also two units sitting in escrow, they are valued at $2,475,000 and $4,000,000
Sold for $4,450,000
At the moment, there is an incredible amount of inventory in the neighborhood. It is something I have noticed more lately in general, more inventory is beginning to hit the market. The MLS is showing that there are ten active units for sale with a projected ales volume of $37,903,000! The average list price of unit is marked at $3,790,300, one of the highest average list prices for a condo in Wailea. There is one unit available in the $1.5 million range, it is one of the smaller units but the spacious lanai more than makes up for it. Seven of the ten units are what I would consider to be high priced units, those seven are all priced above $3.7 million and capping off at $5,200,000. The highest priced unit is an absolute beauty and is worth the $5 million price tag.
Front Row Beauty: Unit 601
Unbelievable front row 2 bedroom / 2 bath residence located at the premiere oceanfront complex, Wailea Point. This is a ground floor residence with no stairs. Absolutely stunning ocean views of the neighboring islands, Molokai and Molokini.
The unit was just put on the market this week and it is an absolute gem. I have no doubt that this beachfront unit will move very quickly. At a very affordable price (considering the neighborhood and location) of $3,700,000, it could be gone before you know it.
There are beautiful bamboo floors throughout, Hawaiian koa wood cabinetry, and an oversized covered and uncovered lanai area that has security shutters. The sliding wood shutters upfront can give you some added privacy. Wonderful amenities such as a gated entry, 24 hr. security, 2 recreation pavilions, 4 saline pools, 2 spas, tennis, paddle, and pickle ball courts, fitness center, BBQ area, and lush landscaping throughout.
Being Sold Furnished: Unit 2303
Ocean and Mountain views~ Privacy~Exclusivity and the Maui Lifestyle awaits you at Wailea Point 2303 for $2,250,000. Imagine walking down to a choice of two crescent shaped world class beaches. Spacious single-floor plan living eases out into the large lanai (patio) perfectly capturing the Pacific Ocean and West Maui Mountain views. Set amongst the verdant grounds with tropical mature landscape. Wailea Point 2303 comes completely furnished. Large windows in living room and kitchen allow an abundance of natural light.
Wailea Point Village is considered to be one of Hawaii’s finest oceanfront residential condominium developments. Have lunch next door at the The Four Seasons Resort. Swim, play tennis or work out in the in the multitude of amenities that Wailea Point offers (Three pools, Hot Spa, Exercise Gym, Tennis, Pickle Ball Court, Clubhouse and so much more!) World class golf, shopping and dining nearby. Call your realtor today for your private showing. This unit is a gem.
Large and Beautiful Front Row: Unit 1501
Magnificent oceanfront residence facing west to Molokini & Lanai Islands, listed for $4,988,000. Delightfully remodeled and decorated interior. Wood floors, open kitchen, modern lighting, lovely furniture and more. Wailea Points largest standard floor plan interior. Enter on main floor; the large entertainment level below can be a master suite, rec room, media room, office, or all of the above. Sits up high above the oceanfront path, for excellent privacy and dynamic ocean views. Wailea Points highly acclaimed quality, amenities & recreational facilities are a bonus. Great value.
Contact a South Maui Real Estate Specialist
We’d like to extend an invitation to you to stop by our on-site Ho’olei real estate information office, which is open daily, before the reservation desk, from 9:00AM–5:00PM.
Our team has been blessed with the opportunity to have been part of this luxurious community since its infancy stages back in 2005. We’ve been in the in house sales team for the past 6 years. It truly brings a smile to my face when I see first time guests, return visitors, and full-time residences who embrace and wholeheartedly love their Maui lifestyle.
Mahalo,
Anthony Sayles
(808) 280-6532