Listed at the end of September, Haleakala Shores B411 is the newest listing to the market and is a desirable end unit with a 100+ sqft lanai that offers another dimension to the unit. From the 4th floor lanai, you can see the West Maui Mountains and great ocean views over the tropical greenery. Offering 2 bedrooms, 2 baths, and 1048 sqft, the unit is on the larger side for the Kihei area and is perfect for large parties if rented on a short term basis. With maintenance fees as low as $661, it is an attractive feature because it helps keep the monthly costs down.
In my opinion, the best feature about the unit is the 2 minute stroll to Kamaole Beach III. Sitting right across the street from the beach, the unit offers a beachy Kihei lifestyle while being in convenient walking distance to all of South Kihei Road. If the beach isn’t your thing, the complex also has a pool that is perfect to take a dip in.
Listed at $519,000
Upgrades to the unit include granite counters in the kitchen, newer tiled shower/bath in one bathroom, a walk-in shower in the second bathroom, Bosch/Amana stacked W/D, a new stainless refrigerator plus a new glass cooktop/oven & a stainless dishwasher. Dishes & cookware currently on premises are included in the price. Furnishings include a king sized bed in the master bedroom plus a large dresser.
Haleakala Shores Market Update 2017
The low amount of sales at Haleakala Shores are a testament to the desirability of the complex as owners rarely put their unit up for sale and provide the opportunity to make a move.
- Number of Haleakala Shores condos sold: 1
- Number of units in escrow: 0
First brought to market in early July, the unit was able to find a willing buyer within 2 months that was fully capable of making a full price offer. Remodeled with exquisite limestone flooring throughout, granite counters, stainless appliances, new paint, and a washer/dryer in the unit, it is a great unit with an immense amount of curb appeal. As an end unit, it features an additional bedroom which is perfect for accommodating extra guests. With a 120 sqft of lanai space, it is awesome for taking in the South Maui sunsets. Sold for full asking at $469,000.
At the moment, the Haleakala Shores market is offering slim pickings with 3 units for sale. 2 of the listings are priced in the $500k range, while the last one is listed at the top of the at just under $700k.
The complex is an outstanding value because of the size of the units as none of them are under 1000 sqft, they can be rented on a short term basis, and literally located right across the street from Kamaole Beach III which is arguably the best of the 3 Kamaole Beaches. Putting together the size of the units and their location, Haleakala Shores represents an ideal formula to generate short term vacation rental cash flow.
- Number of Haleakala Shores condos for sale: 3
- Average asking price: $589,000
- Highest priced listing: $699,000
- Lowest priced listing: $519,000
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