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Maui Real Estate Resources

The Maui Real Estate Blog

Just Sold: In Demand Lofted Kamaole Sands

Kamaole Sands Unit 9-406

First listed in mid April of this year, the unit was initially listed at $525,000, a fair price for a Kam Sands unit of this quality and layout. The unit underwent no price reductions as it was accepted into escrow after two months on the market. After another two months in escrow, the property closed for $505,000. The unit has been trying to get sold since 2014 and finally after being on the market, then off, and then on again, it was able to sell.

The unit carries a monthly maintenance fee of $722. However, with the units ability to be rented as a short term vacation rental, it is a viable option to help offset the maintenance fees and potentially other expenses if rented efficiently.

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Amazing Vacation Rental Income – Great Rental History – Immediate income to Buyer – Located adjacent to Kamaole III Beach Park, this fabulous two story loft style Penthouse rents extremely well, and has a return guest following. Kamaole Sands is a well-managed complex with lush landscaping, a shimmering pool and Jacuzzi, separate children’s pool, plus workout facility and game room. This unit has new living room air conditioner, new stainless oven/range, and a recently new refrigerator and microwave.

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Kamaole Sands Market Update

This year at Kamaole Sands the market has been quite sporadic with sales coming in clusters rather than a stead stream. Since mid April, the market has slowly began to heat up as there have been 11 closings so far this year and represent a running sales volume of $5,350,000. The average sold price for a unit is $486,363 and is a fair price to buy a vacation rentable condo in one of Kihei’s most popular vacation rental complexes.

The highest priced unit sold for $660,000 and it was a highly desirable unit in the complex’s most private location with two beds, two baths, over 1000 sqft, and remodeled in 2011.

The lowest priced unit sold for $360,000, it was a ground floor unit, remodeled in 2008, has a large lanai, and has some newer finishes.

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Popular pool area 

At the moment, there are 20 active Kamaole Sands Condos For Sale representing an inventory of $10,215,988; they are averaging an asking price of $510,799. Surprisingly, there are 4 condos for sale in the $300k range which represent excellent purchase prices into the community. There are 5 units priced in the $600k range and above, which are viewed as some of the steeper price points in the complex.

The lowest priced unit for sale is listed at $340,000, it is a ground-level 1 bedroom and 2 bathroom unit that is a blank slate and located in building 4.

The highest priced unit for sale is listed at $779,500, it is light, pright, spacious 1036 sqft – 2bdrm/2bath on one level located in desirable building 5 overlooking the pool with a kitchen & bathrooms remodel.

There are also 12 units in escrow!

Kamaole Sands Condos For Sale

2695 S KIHEI RD #4407

2695 S KIHEI RD #4407
Price: $1,175,000
Beds: 2
Baths Total: 2
Sqft: 1188
Acres: 15
City: Kihei
State: HI
Zip: 96753

2695 S KIHEI RD #5205

2695 S KIHEI RD #5205
Price: $1,325,000
Beds: 2
Baths Total: 2
Sqft: 1036
Acres: 15
City: Kihei
State: HI
Zip: 96753

2695 S KIHEI RD #8-101

2695 S KIHEI RD #8-101
Price: $875,000
Beds: 1
Baths Total: 2
Sqft: 818
Acres: 15
City: Kihei
State: HI
Zip: 96753

2695 S KIHEI RD #6-109

2695 S KIHEI RD #6-109
Price: $950,000
Beds: 1
Baths Total: 2
Sqft: 818
Acres: 15
City: Kihei
State: HI
Zip: 96753

2695 S KIHEI RD #5107

2695 S KIHEI RD #5107
Price: $949,000
Beds: 1
Baths Total: 2
Sqft: 818
Acres: 15
City: Kihei
State: HI
Zip: 96753

2695 S KIHEI RD #5-403

2695 S KIHEI RD #5-403
Price: $1,495,000
Beds: 2
Baths Total: 2
Sqft: 1188
Acres: 15
City: Kihei
State: HI
Zip: 96753

2695 S KIHEI RD #4-206

2695 S KIHEI RD #4-206
Price: $874,000
Beds: 1
Baths Total: 2
Sqft: 818
Acres: 15
City: Kihei
State: HI
Zip: 96753

2695 S KIHEI RD #4412

2695 S KIHEI RD #4412
Price: $1,475,000
Beds: 2
Baths Total: 2
Sqft: 1188
Acres: 15
City: Kihei
State: HI
Zip: 96753

2695 S KIHEI RD #5-115

2695 S KIHEI RD #5-115
Price: $939,000
Beds: 1
Baths Total: 2
Sqft: 818
Acres: 15
City: Kihei
State: HI
Zip: 96753

2695 S KIHEI RD #9-207

2695 S KIHEI RD #9-207
Price: $1,079,000
Beds: 1
Baths Total: 2
Sqft: 818
Acres: 15
City: Kihei
State: HI
Zip: 96753

Kamaole Sands Condos For Sale

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.

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Tremendous views from top row Ho’olei Villas

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 9 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.

Aloha!

Anthony

808-280-6532

Anthony@DanoSayles.com

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