Exquisitely Remodeled Wailea Ekolu Villa 1604
Brought to market in mid October, Wailea Ekolu unit 1604 is an exquisitely remodeled unit with a fantastic lanai to enhance indoor/outdoor living. The unit boasts vaulted ceilings which adds a certain level of elegance with the kitchen remodel being an amazing focal point of the unit. The unit is an effective vacation rental, so it may be a challenge finding time to view the unit; but the strong demand as a rental unit speaks to its desirability and value. The unit boasts over 1000+ square feet of living space, sits on the 2nd floor, and the mature landscape surrouding the unit adds extra privacy to the lanai.
Wailea Ekolu unit 1604 is listed at $885,000.
Turnkey vacation condominium located in the heart of Wailea. This spacious, gorgeously updated 2 bed 2 bath Wailea Ekolu condo has provided a comfortable refuge for its owners while also delivering an outstanding track record of rentals with rave reviews. The unit was completely remodeled with the help of a professional designer in 2011. The whitewashed, vaulted ceiling, tile floors, granite counter tops and nicely upgraded bathrooms are all of the quality you would expect at a destination resort like Wailea. Buy it and maintain the high performing rental or use it as your comfortable home away from home.
Needing Some Love: Wailea Ekolu 103
This unit is very similar to the unit above, same square footage, same number of beds, same number of baths. However, the major differences are in floor level, remodel, and furnishings. So the units provide a nice contrast in one another and is reflected in the list price of $670,000. However, the upside is the holds immense potential with a renovation because this unit boasts dramatically better views and is only in need of some TLC to bring it up to today’s standards.
This two bed two bath first floor unit has a covered lanai leading out to a grass area that allows for indoor/outdoor living. The living room and kitchen are all one large room so it offers the feel of a small house. This is an excellent opportunity to get an ocean-view Wailea 2 BR unit at an affordable price. Unit 103 is not in a vacation rental program. there is no rental history nor future bookings.
Wailea Ekolu Market Update
So far in 2016, there have been 8 units sold for a running sales volume of $6,810,000. Compared to the same time last year (Jan 2015-Oct 2015), 2016 is outproducing 2015 by 1 unit. The average sold price for a unit in 2016 is $851,250; 7/8 units have sold above $700k with 3 sales exceeding $970k.
Exceptionally located units boast amazing ocean views
The lowest priced unit sold this year closed for $560,000 which is absolutely a great deal for the community as it was the only unit sold in $500k range. The greatest selling point of the unit was the view the unit provides from its location in the complex.
The highest priced unit sold for $1,150,000 and boasts amazing views from its 2nd floor lanai. The unit fronts the 11th fairway of the Old Wailea Blue golf course. The unit was on the market for less than a week before it went under contract. The length of its time on the market is a testament to the value of the property and how quickly desirable units can move in the market.
Wailea Ekolu Condos For Sale
- Number of active listings: 13
- Average asking price: $821,346
- Lowest asking price: $638,000
- Highest asking price: $999,000
3300 WAILEA ALANUI DR #43B
3300 WAILEA ALANUI DR #48E
3300 WAILEA ALANUI DR #33D
3300 WAILEA ALANUI DR #45C
3300 WAILEA ALANUI DR #21B
Complete Invetnory of Wailea Ekolu 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