There are currently 2 distressed Wailea Condos on the market in the greater Wailea/Makena Resort area, one of which is offered in the highly sought after community Wailea Ekolu.
A "bird's eye" view of this great vacation rental neighborhood in Wailea
Wailea Ekolu is one of eight Wailea Condo communities that permit owners to rent out their homes on a short term basis. The neighborhood was built in 1979, and offers 148 units in 17 two-story buildings on over 18 acres of land. It is located directly on the Old Wailea Blue Golf Course and is only three blocks away from Wailea Beach.
Wailea Ekolu Unit #1303 (MLS #346149) is a REO property and a deal of a lifetime, offered at only $455,000! The average sales price of similar units at Wailea Ekolu in 2010 was over 600K.
Ocean view from this great REO listing
For more information on Wailea Ekolu Village and all REO properties island wide, please feel free to contact me directly at 808.870.4899 to set up an appointment.
Great article Dano. The average sales price for units at Wailea Ekolu last year was over 600K. It’s hard to believe that the bank is unloading this unit at 455K! What a great deal.