Scoring a Wailea Condo
Getting into the Wailea resort for anywhere from $500k-under $1 million is a pretty good price point to enter the resort at, there are about 40 condos that fall in this range and each unit has their pros and cons. To taper expectations of operating in this particular Wailea price point, one can expect to put either a little to a lot of elbow grease and TLC into the unit depending on the condition. Some units are offered in original condition, while others are immediately offered after renovations to maximize market value, and then there are some with 3-4 year old renovations.
Because we are looking for what would be considered good deals (under $ 1 million), the condos we can expect on the market will probably be 1-2 beds with 1-2 baths and maybe 1000 square feet. If you’re willing to sacrifice some space for the ability to rent your condo out as a short term rental, then I think it is well worth giving up an extra 2-300 square feet if the rental income will help cover the carrying costs.
Lowest Priced Wailea Condo: Wailea Fairway Villas Unit U201
Steal this Wailea Fairway Villas unit now! Sellers are very motivated as the unit has been on the market for about 2/3 of the year. Priced way below current value. Fully furnished! Two beds and two baths unit with just under 1000 square feet. Listed for $505,000.
Undervalued: Wailea Ekolu Unit 1303
Serenity and silence plus a nice ocean view, the one bedroom Wailea Ekolu unit provides great opportunity to get into the neighborhood for $549,000. The unit is tidy and is waiting to be turned into a Wailea retreat. Sitting in the upper tier of the complex, this is an ideal location to take advantage of the views because of it’s slightly higher elevation thane some other units.Wailea Ekolu 1303 allows vacation rentals, is a pet friendly complex and allows electric bbq grills on the lanai.
Quaint & Cozy: Grand Champions Unit 47
This 2-bedroom, 2-bath with lock-off feature at the Grand Champions Villas is a timeless beauty and is listed for $640,000. Decorated with inspiration from the sandy shores of Wailea, this super-neutral decorating palate makes the perfect backdrop for the tropical gardens outdoors, while making the indoor area spacious, relaxing, subtle and sophisticated. This is a natural beauty with colors of unbleached seashells, lots of natural sunlight and west-facing lanai for the enjoyment of gorgeous sunsets.
Fresh neutral beach and sand scheme give this home a relaxed and informal feel that is a cohesive look to maintain. Immaculately kept and shows pride of ownership. Move-in ready, fully furnished. Make it your home, your home away from home, or a vacation rental.
Priced to Move: Wailea Ekahi Unit 44A
The complex with low density & luscious mature landscape make up the greenbelt areas the fill outthe community. Private ground-floor 1 bed/1 bath, filled with light, end-unit, never been rentedand is meticulously cared for and listed at $735,000! Enjoy the magical ocean views from the large lanai & kitchen. The condo captures the essence of indoor/outdoor living and seamlessly blends the two. You feel like you are living in the ‘Garden of Maui’. There are newer ‘Frigidaire Gallery Design’ stainless steel appliances plus granite counters with full back-splash in the kitchen & marfil-marble details in the upgraded bathroom.
Wailea Condos in Real Time
197 HOLOKAHIKI LN #102 (8B)
44 KAI MALU PL #7-A
3800 WAILEA ALANUI DR #404
43 WAILEA GATEWAY PL #1-201
155 WAILEA IKE PL #138
3300 WAILEA ALANUI DR #48E
10 WAILEA EKOLU PL #1603
3950 KALAI WAA ST #E-101
155 WAILEA IKE PL #6
3300 WAILEA ALANUI DR #33D
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,
Anthony Sayles R(S) 808-280-6532 Anthony@DanoSayles.com