Kai Malu is one of the newest additions to the Wailea Resort. Completed in 2007, this is a luxury duplex town-home community spread across 25 acres. There are 75 buildings and each building is comprised of two units, making 150 units in total. Located above the Wailea Fairway Estates and across from the Grand Champions Condos, Kai Malu is practically encircled by the Wailea Blue Golf Course.

75-foot infinity pool, courtesy of community club house

2013 Kai Malu Market Activity

This community appeals to a diverse array of buyers, so logically there is a great amount of turnover. This year to date, there have been 12 units sold, ranging from $1M- $1.5Million. Currently, there are 14 units for sale, ranging from $1M to $1.6Million, with an average price per square foot at $732.68. Click here to see the complete list of the Kai Malu Condos For Sale, as well as the list of all Wailea Condos For Sale for comparison’s sake.

Market Update

The past month has seen lots of activity in Kai Malu. In July alone, five units (all priced over the $1M mark) have transitioned from for sale to pending, with all signs pointing towards a smooth closing for each one. Also, one unit has been sold after being on the market for just four months.

Pending, 52 Kai La PL or Unit 21-A, listed for $1,055,000

Pending, 130 Kainui PL or 66-B, listed for $1,225,000

Pending, 100 Kai La Pl or 25-A, listed for $1,385,000

Pending, 46 Kainehe PL or 4-A, listed for $1,400,000

Pending, 155 Kai La PL or 6-B, listed for $1,595,000

Just Sold In Late July!

After about 4 months on the market, 75 Kainehe Place just sold for $1,450,000. Definitely a cut-above-the-rest, Kai Malu 11B had it all: expansive views, great location, and extensive upgrades.

This residence is ideally located within the neighborhood, offering privacy, panoramic ocean vistas (including Molokini Crater), and serene surroundings. Another example of the scorching South Maui luxury market, Kai Malu 11B was the 35th Wailea Condo to sell over $1Million this year.

Just SOLD: Kai Malu 11B

The premium upgrades included:

• Bose Lifestyle Audio System
• Venetian Glass Fixtures
• Custom Wood Trims and Handrails
• New Energy Star Appliances
• Hardwood Floors
• French Doors to 3rd Bedroom/Den
• Central Vacuum
• Stone-Framed Mirrors in the Master Bath

Honestly, one of the nicer Kai Malu units to come on the market in quite awhile and easy to see why it was actively for sale for only a short period of time.

For Sale: 321 Kai Malu Pl (59-A)

321 Kai Malu Place is listed for $1,400,000 and is probably in the best location the community has to offer (case and point—the developer’s personal residence is just a few doors away). Situated on a bluff above the 7th hole of the Wailea Blue course, this home has commanding views of magnificent Haleakala sunrises, as well as the sweeping south shore seascape. Located on the southern perimeter of the community, the location provides ample privacy and tranquility. As an added bonus, the windows face to the Northeast and South, which means very little heat from a notorious late afternoon sun.

This home is built around the popular “Honua” floor plan and features: ground floor Master Bedroom and Bath; separate laundry room; and direct entrance from the kitchen to the big 2 car Garage. A large yard, which is easily fenced, provides security and a great home for your furry friends too! Landscaping, water usage, hazard insurance, and use of the recreation area are all included as well.

For Sale: 91 Kai La Place

Enjoy Haleakala sunrises and tropical garden views from the covered tiled lanai of this beautifully maintained, 3bd/2.5bth/2-story home. Offered turn key, this residence comes well-appointed with Pottery Barn, Tommy Bahama, and other quality furnishings as well as linens, tableware, cookware, beach gear, and even an extra refrigerator in the garage. 91 Kai La Place is listed for $1,025,000.

Contact a Kai Malu Neighborhood Specialist

This is one of the most highly sought after new communities in all of Maui, so if you’d like more information on Kai Malu Wailea, or would like to schedule a private showing, please don’t hesitate to call.

Mahalo,