Neat Condo & Well Priced: Unit V101
Originally listed back in September of last year at $879,000, the unit didn’t attract much serious interest as the unit needed a series of price reductions before it received a serious offer. The unit is the biggest floor plan in the complex with just under 1600 square feet. Getting into Wailea for under $800k with a fair amount of space is a great deal, the Wailea Fairway Villas are regarded as one of the best buys in the resort. Although not a short term rentable, the potential of these units are its main draw.
Well maintained and newly painted, this large 3 bed is an end unit with nice granite counter tops and wood cabinets throughout for $775,000. This condo possesses lovely garden views, sitting right on the golf course, with a peek a boo ocean view downstairs, and lovely ocean views upstairs. Located in a quiet location at the south end of the complex, V-101 is literally minutes to world-class beaches.
In Escrow: Wailea Fairway Villas Unit V102
Listed back in April for $599,000, V102 was sure to be snapped up quickly. The two bedroom, two bath units are pretty straightforward purchase decisions because these condos can’t be short term rented, the only similar community is the Wailea Palms. With fresh renovations as recent as last year, the unit feels brand new and is extremely clean for being close to 18 years old.
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Gorgeous Upgrades on this ground floor unit at Wailea Fairway Villas! Triple crown molding and travertine tile throughout the spacious two bedroom and two full bathroom condo. Covered lanai with West Maui Mountains, golf course and ocean views on the 15th hole of the Wailea Blue Golf course. Brand new granite counter tops and stainless steel appliances in the kitchen and fresh paint throughout. Includes 2 split system A/C’s. Building V is amongst the quietest at the south end of this complex that features pool, clubhouse and gym as well as plenty of gorgeous Hawaiian landscaping that is a pleasure to stroll through. Sale of this condo is contingent upon sellers finding a suitable replacement property.
Wailea Fairway Villas Real Estate
The two bed, two bath units are just flying off the shelves this year; six of the seven units sold were two bed, two bath model. Right now, the market is operating in a well defined price range of $500,000-$800,000. I do expect that $800k figure to rise and then flatline at around the upper $900k price point. Within the last few years, nothing has sold above $1 million which is a great indication of how doable this community is. The lowest priced unit sold this year closed for $495,000, it was on the market for more than a year before it got sold. The highest priced unit sold for $739,500, it was the largest floorplan and came fully furnished. Furthermore, there are a total of three units in escrow with two of them being featured above and another that entered escrow in late May.
As of today, there are 6 units up for grabs in a price range of $500,000-$835,000. It’s nice when the units for sale are in a pretty tight price range because sellers know that potential buyers can just go a few villas over and get a similar unit for possibly a better price. Alone there are four units grouped pretty close together with only $15k differentiating them.
Wailea Fairway Villas in Live Time
3950 KALAI WAA ST #E-101
See a complete list of Wailea Fairway Villas for sale
Contact a Maui Real Estate and Lifestyle Specialist
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