Wailea Kialoa: 187 Heluma Place
Originally coming to market at $3 million, the unit didn’t attract the desired attention initially at that list price. It was a $100k reduction a month and a half later that got the conversation going for potential buyers, the unit ended up closing in the $2.7 million range. Not a bad sold price considering some of the dated features and the huge potential upside after renovations. Remodels are never a bad idea because they can add a fair amount of equity if you’re willing to spend the cash.
This exquisite 2-story residence in the heart of Wailea is situated on a lushly landscaped, cul-de-sac lot with captivating views of the ocean & sunsets 365 days a year. With floor-to-ceiling windows in nearly every room, the beauty of the island is yours from the moment you awaken. The home has 4 bedrooms, 3.5 bathrooms, a family/media room & a formal dining room. You will love the gourmet kitchen with a central island, solid-wood cabinets & granite counter tops. Features include vaulted, coffered ceilings, hardwood & ceramic tile flooring & carpeting.
Wrap-around lanais offer views from both stories of nearby islands & whale-watching in season. Enjoy entertaining in the lushly landscaped yard or in the private courtyard featuring a serene koi pond. The family room¹s sliding doors open to relaxation in the solar-heated swimming pool & spa. The home, which has a 2-car garage & ample storage space, is in a gated community on a quiet, secluded cul-de-sac.
Wailea Kialoa Real Estate Market
The Wailea Kialoa market has seen three properties sold this year for an average price of $1,850,000. The lowest priced property to sell was a decently sized home, came with a pool, and had just under a 1/4 acre; it closed for $1.1 million after spending close to a year on the market. The highest priced unit sold is the one featured above.
At the moment there are three active listings for sale and they are on the rather high side for this neighborhood. The lowest home offered is in the $1.9 million range, it sits on the lower belt in the community with recent renovations in the last year. The highest priced listing boasts 3500 square feet, a pool, a huge lot, and a price tag of $2.4 million. There are also two units in escrow set to close in a timely fashion.
Wailea Kialoa Listings in Real Time
3179 S NOHO LOIHI WAY
3378 E LANI IKENA WAY
388 PUALOA NANI PL
Contact a South Maui Real Estate Specialist
Ho’olei’s community area
Our team has been blessed with the amazing opportunity to have been part of this luxurious community since its inception back in 2005. We’ve been the in house team 7 days a week for the past 5 years. It truly brings a smile to my face when I see first time guests, return visitors, and full-time residences embracing their Maui lifestyle.
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 10:00AM – 4:00PM.
Mahalo,
Anthony Sayles
(808) 280-6532
Anthony@DanoSayles.com