Newest Listings at Wailea Beach Villas
On and off the market over the last year or so, Wailea Beach Villas F302 has just been brought back to market at a fresh list price. With over 600 sqft of outdoor lanai space, it is the ideal spot to soak up the supreme South Maui and ocean views. Because the villa is a corner unit, it offers a wrap around that features a built in BBQ for entertaining and custom Teak plantation shutters for added privacy.
The unit is close to 3000 sqft of interior living, 3 bedrooms, and 3 bathrooms, the villa is ideal for large vacationing parties if rented out as a short term rental or it is the perfect legacy property to keep in the family. Commanding over $3k of maintenance fees, it includes access to word class amenities and beachfront access to Wailea’s most popular beach.
Listed at $6,475,000
As the 2nd lowest priced listing (as of 10/12), Wailea Beach Villas 108 is on the first floor of the complex overlooking 1 of the 3 pools and is in a great location to provide easy access to the pool and lounging area. This unique floor plan is the largest of the 2 bedroom units with over 2300 sqft of interior living plus outdoor lanai space. Included in the lanai space is an outdoor kitchen perfect for anytime of the year and comes complete with a Viking gas bbq grill. The sellers currently rent this unit out themselves, so it has developed a reputation for being a stellar Wailea Beach Villas vacation rental. The unit is being sold fully furnished minus certain valuables, so the unit will be ready for move in as soon as possible.
Listed at $2,950,000
2017 Wailea Beach Villas Market Update
This year to date, the Wailea Beach Villas has been experiencing a great year! Compared to the same time last year, the 2017 sales date is out performing 2016 by 600% with 6 more units sold in 2017 vs 2016. Historically, the sales Wailea Beach Villas market take a little longer than some of the other Wailea complexes, but only 1 of the 7 units sold this year took longer than 1 year.
More than half of the units sold this year were in the $2 million range which is a fantastic price point for Wailea Beach Villas because of their proximity to Wailea Beach and the Shops at Wailea. The next most popular price point was $3 million with 2 units sold. While the $4 million and $6 million were the least productive with 1 unit sold in each. There were 3 two bedrooms sold this year, none of which were larger than 2000 sqft; this point speaks to the fact how coveted the 2000+ sqft 2 bedroom units like Wailea Beach Villas 106 are.
- Number of Wailea Beach Villas condos for sale: 7
- Average sold price: $3,461,999
- Highest priced unit sold: $6 million
- Lowest priced unit sold: $2,360,000
Totaling 8 Wailea Beach Villas Condos For Sale, the current inventory represents a projected sales volume of just under $39 million. With so many options on the Wailea Beach Villas market, buyers are able to substitute one unit for another, however there is a large discrepancy in list prices so buyers would have to be willing to jump up in price brackets to do so. List prices in the community will vary greatly depending on the proximity to the beach; the units closest to the beach can be priced up to close to $10 million while the units towards the front of the complex can be anywhere from $2.2-$3 million or so.
Over 80% of the listings have been listed since May of this year while 1 of the units came to market late last year in 2016. 2 of the listings came to market as recent as early October which is just in time for the early influx of the Winter visitors. The current inventory reflects units on the higher end of the spectrum with 50% of them being priced over $4 million.
- Number of Wailea Beach Villas condos for sale: 8
- Average asking price: $4,833,625
- Highest priced listing: $9 million
- Lowest priced listing: $2,325,000
Contact a South Maui Real Estate Specialist
Enjoy Ho’olei’s fantastic pool area
Our team has had the amazing opportunity to have been part of Ho’olei since its inception back in 2005. We’ve been the in house team 7 days a week for the past 5 years. It truly brings a smile to my face when I see first time guests, return visitors, and full-time residences embracing their Maui lifestyle.
We’d like to extend an invitation to you to feel free and stop by the on-site Ho’olei real estate information office, which is open daily, before the reservation desk, from 10:00AM – 4:00PM.