New Maui Banyan Listings
Original & Clean: Maui Banyan Unit T202
Brought to market in late June, Maui Banyan unit T202 is priced at $520,000 which is slightly under the average list price and represents a midlevel unit in the complex. The unit was sold over 10 years ago and has gone through 3 owners and considering that, the unit has been kept in great shape.
Nestled in a quiet, peaceful location in Maui Banyan, this second floor two bedroom, two bath unit is the perfect spot to relax on Maui. The flexible floor plan has two entry doors with a lock off option; each side can be rented separately or as a 2 bedroom suite. Maui Banyan amenities include two pools with spas, BBQ areas, tennis court and parking garage. These is also an open parking area across from this building for easy access and guests.
North Facing With Tradewinds: Maui Banyan Unit H310
At the time of listing (late June), this Maui Banyan unit represents the lowest priced unit on the market at $399,0000, leaving plenty of room for upgrades if desired. The unit was last sold in early 2000s and since then, it has not been sold so the unit has been very well maintained. Over the years the unit has been on and off the market with no success. Hopefully this time around it moves!
One of the most sought after condos across the street from Kamaole Beach 2. This OCEAN VIEW unit allows for vacation rentals and long term rentals. Some features include: Concrete construction, air conditioning, in room washer/dryer, 3 pools, covered parking, BBQ’s, tennis and front desk. Call today for private showing.
2016 Maui Banyan Market Update
3 Maui Banyan Sales
The three closings fell in February, March, and May, averaging a sold price of $557,666. All three of the units were the 2 bed and 2 bath floor plan with 890 square feet. They all closed within $25k of each other and were in the mid to upper $500k range.
Furthermore, 4 units have entered escrow, all within the last 30 days.
5th floor unit with ocean views sold this year at full list price
The lowest priced unit sold for $539,000, it was a prime corner unit with beautiful laminate wood floors, updated kitchen, smoothed ceiling, new lighting, new tile floors, nice open garden view, and sold fully furnished; it also offered a lock off option to rent 1 side and stay in the other or rent both out as a 2 bedroom unit. The
The highest priced unit to sell closed for $575,000 and it was only on the market for 15 days before entering escrow, parts of the unit were recently upgraded and it already had a strong builtin client base for short term rentals.
10 Active Maui Banyan Listings
Currently, the Maui Banyan active condos for sale represent an inventory of $4,509,950; the units are averaging an asking price of $563,743. A majority of the units for sale are in the upper price point of the community with 8 of the 10 listings being 900 square feet or bigger.
Unit T104 priced under the average list price
The highest priced condo for sale is listed at $765,000, it is a rare 3 bed, 3 bath nicely remodeled lock off unit that is spacious with a large lanai an ocean views that have to be seen; the last sale of a 3 bed/3 bath unit was in 2010.
The lowest priced condo for sale is H310, featured above. So the next lowest priced listing is unit A103 and it is priced at just under $500,000, it is a nice first floor two bed/two bath unit with a quiet lanai to enjoy outdoor living.
Maui Banyan Condos For Sale
2575 S KIHEI RD #P202
2575 S KIHEI RD #H412
2575 S KIHEI RD #G-309
Complete inventory of Maui Banyan condos for sale
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