Newest Listings at Maui Vista
As the newest listing to market, Maui Vista 3309 will certainly raw strong interest because there is very little inventory in the Maui Vista inventory and it is 1 of 2 lowest priced listings in the community at this time. Recently upgraded and outfitted with luxury vinyl floors in the living room and bedroom; tile floors in the hallway, kitchen and bathroom; granite counter tops in the kitchen & bathroom. The current sellers have chosen not to rent their unit out as a short term rental, so there is very minimal wear and tear on the property.
Offering 1 bedroom, 1 bathroom, 616 sqft of interior space, and an outdoor lanai, this well maintained unit is exceptional choice as an investment property or 2nd home. Don’t expect this unit to last long at a list price of $375,000.
Maui Vista 2211 is a charming 2nd floor unit with light coastal tones to evoke a sense of calm and tranquility. Redone a few years ago with an upgraded kitchen and bathroom, the unit is 1 of 2 lowest priced units in the complex. With an outdoor lanai just off of the living room, the added outdoor area creates an open design concept with plenty of natural light. The unit has been used as a short term rental, so there is some rental data available.
Priced at $375,000, the unit offers endless possibilities to be used as is or could benefit from some TLC.
Maui Vista 3303 is an interesting property because it has primarily been used to generate cashflow and has done quite well considering the sellers did use it part time for several months. Considering maintenance fees are only $459 plus other expenses like GET, TAT, property taxes, elec., HOA fees, repairs, and management fees, the profit margin on this property is still quite high. We prefer not to publicly disclose rental income, so please reach out if you are interested in the numbers.
Offering a 1 bedroom, 1 bathroom, 588 sqft, and outdoor lanai design, the unit has a strong appeal among buyers because of its strong potential as a short term rental property. Remodeled only a few years ago, this property is at the top of the market at $388,000.
Maui Vista Market Update 2018
After a slow start to the year where no units sold in January, February saw 3 Maui Vista units sold in quick succession with the market cooling off a bit since March. Sales have been most active in the upper $400k range with two 2 bedrooms unit sold, while a 1 bedroom unit sold in the mid $300’s round out the sales.
Currently, 5 units sit in escrow and it is hopefully only a matter of time before those units close and pad the sales data with even more impressive sales figures. The units here are met with strong demand and move relatively quickly if they are priced right.
- Number of Maui Vista condos sold: 3
- Average asking price: $432,600
- Highest listed unit: $482,800
- Lowest priced unit: $360,000
- Number of units in escrow: 5
Maui Vista Market Update 2017
Maui Vista saw a spectacular year in 2017 with just over $8.3 million in total sales volume where it was able to average 2 units sold per month. This complex is popular among buyers because of modest condo prices, relatively low monthly maintenance fees, and ideal location to Kamaole Beach Park 1. Although the complex averaged two units sold per month, sales were evenly dispersed throughout the year with January and May being the most productive.
Units here move relatively fast as 75% of the units sold were able to find a new buyer within 6 months of coming to market. Impressively 5 units sold within 60 days of initially being listed. About 80% of the units sold in 2017 were sold for under $400k and is the exact reason the Maui Vista units make good investment properties or 2nd homes.
- Number of Maui Vista condos sold: 24
- Average asking price: $348,070
- Highest listed unit: $487,800
- Lowest priced unit: $275,000
With only 3 listings on the market, buyers do not have much to choose from. Only $13k separates all of the current active listings, so they’re pretty much equal substitutions for one another. The best way to stay up to date on Maui Vista inventory is by signing up for our Maui Vista new listing alert.
- Number of Maui Vista condos sold: 3 (as of 3/12, all active listings shown above)
- Average asking price: $379,333
- Highest listed unit: $388,000
- Lowest priced unit: $375,000
Contact a South 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 in South Maui 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