We first brought this unit to market in the beginning of June for a list price of just under $3.2 million, which is right about at the peak of the Ho’olei market. A few factors play into the unit’s pricey list price, first its the villa’s elevated location in the 3rd row where it is tucked away in its own private corner and borders the Old Wailea Blue Golf Course. The third row units are valued so highly for their elevated and panoramic view corridors. The 2nd reason is the Maile floor plan is the second largest floor plan in the community with just over 2400 square feet of interior living space, so obviously space comes at a premium.
When it was listed on the market, Ho’olei Villa 52-2 was easily the best unit for sale in complex with it being the only Maile floor plan available. The Ho’olei Villa 52-2 was originally sold in 2008 as an original developer offering, so this is the first time it will be transferred to a new owner.
Sold as the highest priced unit 2017 for $3,160,000
Special properties like Ho’olei Villa 52-2 rarely become available. This iconic home is situated on the very top of the last resort-zoned development in Wailea. The view is simply spectacular – with panoramic ocean vistas looking out towards the outer island of Lanai and the West Maui Mountains. Enjoy gorgeous sunsets year round! Relax with the comfort and ability to “lock and go” while at the same time enjoy the comforts of a condominium designed to feel like a stand-alone residence. The Maile floor plan seamlessly blends indoor/outdoor living that flows throughout the entire home.
Designed by a prestigious interior design firm, this villa is both elegant and comfortable. Thick dual-paned Fleetwood glass doors magically retract into the wall to reveal and allow access to the upper lanai. The 3 bedrooms in this residence are like a retreat, each including an en suite bath, roomy floor plan, and plush designer furnishings. You and your guests can enjoy a unique experience with the benefits and amenities of the Grand Wailea Resort while staying in villa 52-2. Finely appointed and being offered fully furnished.
Although already sold, the video offers buyers a chance to get a glimpse from one of the best units that Ho’olei has to offer. Building 52 is tucked away in the corner of the complex so there are no neighboring buildings to distract you from your view.
Ho’olei Market Update
So far in 2017, we are proud to say that we have been involved in all 3 deals this year; whether it was the sell side or the buy side, it is always a pleasure to work on Ho’olei deals. Our on site real estate information office at Ho’olei allows us to be in touch in the community 24/7. From our desks, residents always offer us hellos as the walk back our glass doors and most of them even pop in to catch up on activity, so we really have a direct line to the owners. In fact, a fair share of them own multiple Ho’olei units so they are always curious to see if there is another one worth picking up.
- Number of Ho’olei condos sold: 3
- Average sold price: $3,031,166
- Highest priced unit sold: $3,160,000
- Lowest priced unit sold: $2,800,000
Currently we represent 75% of the listings available at Ho’olei. Our on site location at Ho’olei allows us to be available 7 days a week to guests and residents, so it’s just as easy as popping in to see what we can set up. We are always happy to set up showings and give personal tours of all things Ho’olei.
- Number of active Ho’olei condos for sale: 6
- Average asking price: $2,599,833
- Highest priced unit sold: $3,295,000
- Lowest priced unit sold: $1,950,000
Contact a South Maui Real Estate Specialist
Ho’olei villas, we are also currently the in house “Sayles” team at Ho’olei Grand Wailea
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. 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.