Just listed at the beginning of the month, Wailea Ekahi 11F is the highest priced listing at the complex and with the level of finishes it easy to see why the unit is priced in the upper tier. The villa was customly renovated with uniquely Hawaii details like Polynesian style matting covering the vaulted ceilings and modern light fixtures to complement the overall theme of the villa. The kitchen was specially upgraded with warm wood fixtures that complete the Hawaiian style theme.
The unit can function as the perfect vacation rental or 2nd home as there is plenty of room to accommodate large parties or overnight guests. The two bedrooms are both considered master suites with en-suite baths that give each room their own privacy. There are two separate lanais off of the kitchen and living room, so from either lanai there are ocean views to catch the famous Wailea sunset.
Listed at $2,150,000
This well maintained, beautifully furnished unit offers convenience and comfort. Located a short stroll away from Ekahi’s 2nd pool, and surrounded by lush tropicals, you are in the heart of Wailea, near world-class golf, beaches, shopping and dining.
Amenities include four large pools, two paddle tennis courts, and a beachfront pool pavilion containing a kitchen and several barbeques. Keawakapu Beach is also a quick walk away from the condominiums as well. Wailea Ekahi offers vacation rentals and pets are allowed on the property.
Special properties like Wailea Ekahi 18D rarely become available. The kitchen is one of my favorite rooms in the house because of the lovely backsplash, simple elegance, and custom finishes. The lanai is one of the most serene parts of the condo, overlooking the deep blue Pacific and onto West Maui. The 2 bedroom, 2 bath floor plan features two spacious master suites providing for additional privacy.
This iconic condo is situated in the heart of the lower village just steps away from Keawakapu Beach. Sit back, relax, and enjoy the sound of the ocean from your private lanai year round. The sunset view from this residence is quite spectacular. Don’t miss out on this incredible opportunity to own one of the most delightfully remodeled units in all of Wailea Ekahi.
2017 Wailea Ekahi Market Update
The Wailea Ekahi market has been able to average a little over 1 unit sold per month; although the average is more than 1 unit sold/month, there have been no units sold since the end of June. So far the most productive month was January with 4 units sold, while Feburary, March, April, and May were tied with 2 units sold in each month. With the bulk of the units selling in the first two quarters of the year, more than 90% of units sold within 6 months of coming to market.
The sales data tells an intersting story and gives a glimpse into the Wailea Ekahi market. A little under half of the units sold closed in the 6 figures range with 4 of those units selling in the $600k price point. The sales this year have shifted towards the upper end of the market with some great sales in the $1.5 million range.
- Number of Wailea Ekahi units sold: 13
- Average sold price: $1,115,538
- Highest priced unit sold: $1,825,000
- Lowest priced unit sold: $600,000
Highest Priced Unit Sold
Lowest Priced Unit Sold
Currently, the Wailea Ekahi market is booming with inventory and represents a projected inventory of $16,365,000. Typically, the complex is known for being on the “affordable” side for Wailea, but with strong demand, the prices have been slowly creeping up which is why I urge buyers to act sooner than later. With a break from the busy season, now it the perfect time to write an offer because of the lower amount of buyers in the market.
With more more than 60% of the listings in the 7 figure range, the majority of Wailea Ekahi condos for sale certainly the cream of the crop. Part of the reasons the units can command high prices are the fact they are vacation rentable and can generate a considerable amount of cashflow if rented properly. Only 1 of the units for sale is listed above $2 million and it is easily one of the best units in the entire complex. Meanwhile on the lower end of the complex, there are 5 units priced under $1 million; the lowest priced unit represents a great deal in the community at $877/sqft.
- Number of Wailea Ekahi condos for sale: 13
- Average asking price: $1,258,846
- Highest priced listing: $2,150,000
- Lowest priced listing: $695,000
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