Almost Brand New Opukea at Lahaina F207
We first brought our Opukea listing on the west side of Maui to market in late June of this year. At the time of its listing, the Opukea market was experiencing a fair amount of interest so it was perfect timing for our sellers to decide to list their unit.
The complex was only built in 2015 which makes it just about 2 years old, so the interior of the unit and the entire complex itself is in fantastic condition and feels like brand new construction. With just over 1200 square feet and a sizable lanai of 125 sqft, the unit seamlessly blends the indoor and outdoor living spaces. Opkuea does not allow vacation rentals, so the community tends to be made up of long term residences. The unit comes with a $500 monthly maintenance fee, but it provides access to a relaxing pool house and private gym!
At the time of escrow, it was the lowest priced listing; we were eventually able to close for a final sale price of $510,000, $25k under asking.
This spacious condo property is located minutes from the beach, world-class restaurants, art night, outlet mall and excitement of living in Lahaina. Expand your culinary expertise in the large kitchen or kick back and relax with a cool beverage on your private lanai. Pack up the whole family (four-legged members included) and move to the Opukea F-207 lifestyle.
Opukea at Lahaina Market Update 2017
Since the end of March, the Opukea market has caught fire with 9 closings coming in quick succession; the months of March and August were the most productive with 3 units sold in each. So far, the unit is experiencing a running sales volume of $4,883,500 and can soon rise by the end of the year if a few or all of the units in escrow close within the next 3 months.
The market at Opukea is operating in a tight price range as all of the units sold have fell in $500k, while the prices of $510,000 and $575,000 tend to be the sweet spot. The most notable fact of the sales data is all 9 of the units were sold within 6 months of coming to market.
- Number of Opukea at Lahaina condos sold: 9
- Average sold price: $542,611
- Highest priced unit sold: $598,000
- Lowest priced unit sold: $503,000
- Number of units in escrow: 4
Highest Priced Unit Sold
As the highest priced unit sold, it was a 3 bedroom and 2 bath bright corner unit sitting on the ground floor complete with a custom kitchen and master bathroom. The sellers’ fabulous upgrades include an all concrete kitchen with Miele convection oven and convection/steam oven, glass cooktop, teppanyaki grill and dishwasher, as well as a Fisher & Paykel refrigerator.
Lowest Priced Unit Sold
This 2 bedroom and two bath condo is 1269 sqft with state of the art appliances, central air, a washer/dryer in the unit, two parking stalls, and a large covered lanai with ocean and mountain views. The unit is accessed by an elevator, as it is a top floor unit.
- Number of active Opukea at Lahaina condos for sale: 1
Contact a Maui Real Estate and Lifestyle Specialist
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.