The ocean views from Wailea Point Villa 1302 are some of the best views Wailea Point has to offer from its premier oceanfront location on the edge of the community. Although the Wailea Point community was built in the late 80’s, there are many design features about the villa that transcend time. Most notable of the designs is the sun room which features a wall of glass that seamlessly brings the outside indoors. The community is regarded as a pricey condo complex to buy into because of steep purchases, but the monthly maintenance fees are also something to consider; in this case, the unit carries a monthly maintenance fee of around $3200.
Considering its location on the point between Polo Beach and Wailea Beach, the ocean’s deep blue is all the art you will need in your home. Because the unit is on the “smaller” side for the complex at 2394 sqft, the villa is on the market for $4,850,000.
Walk into this beautiful front-row Wailea Point home and you immediately look to the ocean as though you are on a cruise ship! Gorgeous views of Molokini, Kahoolawe and lanai abound from this spacious luxury 2-story home in the heart of Wailea Resort. Arguably the best location in the complex, elevated 60 feet above sea level, this home offers privacy and views, with Wailea Beach and Polo Beach just steps away.
Wailea Point condo sales in 2016
Last year, there was 5 Wailea Point condos sold in 2016 representing a total sales volume of $15,490,000. The average sold price for a unit in 2016 was $3,098,000. The most popular price point in the community was $3 million, with 1 sale each in $1 and $2 million.
The one sale at $1.69 million is a standout point in the Wailea Point market because it would be considering an incredible deal to get into the complex for under $2 million; the last time a unit sold for under $2 million was more than 2.5 years ago. There are deals out there, but buyers must be patient and have excellent negotiators working on their behalf.
- Number of Wailea Point units sold: 5 (down from 7 in 2015)
- Average sales price: $3,098,000 (down from from $3,630,785 in 2015)
- Average sales price per square foot: $1,562.50 (down from $1,577.20 in 2015)
- Lowest priced unit sold: $1,690,000
- Highest priced unit sold: $4,600,000
Lowest Priced Wailea Point Sold in 2016
Highest Priced Wailea Point Sold in 2016
The amount inventory available in Wailea Point is spectacular! At this moment in time is a great time for buyers looking in Wailea Point; with supply being so high, buyers can have their pick of the units.
With a $25M listing on the market, the current for sale data can be skewed; so the list price without the $25M listing is a more accurate representation of the average list price.
- Number of units for sale: 17
- Average list price: $5,715,529
- Excluding outlier listing of $25M: $4,510,250
- Lowest Priced unit: $1,575,000
- Highest Priced unit: $25,000,000
- Number of units in escrow: 2
Contact a South Maui Real Estate Specialist
Ho’olei just before sunset
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.
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 few 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.