The Grand Champions community has seen a decent turn-around rate this year. So far, three condos have sold in the range of $550K-$600K. That price range, especially for Wailea, means purchasing a unit in this community is a nice idea for a second home or as an attractive investment property.
Unit 21, sold for $595,000
Although only three condos have sold, I believe, with the current market movement, more units will be gone before we know it. Currently, there are seven Grand Champions condos for sale; in the range of $519K-$675K. Also, there is one unit in the pending phase.
Unit 27, sold for $575,000
Grand Champions Neighborhood Overview
These condos are some of the hottest properties in the Wailea Real Estate market. Year after year, there is quite a bit of turnover in this fine community. The neighborhood is surrounded entirely by the Wailea ‘Old Blue’ Golf Course and across from Kai Malu.
Completed in 1990, the Grand Champions Villas are made up of 20 two and three-story buildings, containing 188 resort condominiums. The units are currently priced very competitively, in the $500,000-$750,000 range (a price point where inventory is really moving here on Maui). See how Grand Champion compares to the all of the other Wailea Condos for sale.
Short Term Vacation Rentals Allowed
Homeowners in this community have the option to utilize their property as a short-term vacation rental. This is a popular option as units can generate significant rental revenue to help cover their annual operating expenses.
The central location of Grand Champions within the resort is ideal. The Wailea Tennis Club, Joe’s Bar and Grill, Shops at Wailea, and Wailea Town Center, are all within walking distance of the condos. In this neighborhood, you will discover a relaxed, laid back lifestyle that reflects one of the very best values in all of South Maui. The tropical landscaping really complements the overall relaxing environment.
For Sale: Unit 45
Enjoy spectacular year round sunsets and impressive ocean views from this tastefully remodeled 2 bedroom, 2 bathroom Grand Champions property, Unit 45 is listed for $675,000. This top floor, furnished unit has vaulted ceilings, newer appliances, granite countertops and redone carpet in the living area and bedrooms.
For Sale: Unit 184
A quiet 2 bedroom/2 bath unit in close proximity to the Fairway pool, nicely furnished with new Granite counter tops and Cabinets fronts, Unit 184 is listed for $565,000.
Contact a Wailea Grand Champions Neighborhood Specialist
To sum it up, Grand Champions is one of the hottest properties in all of Wailea. If you’re looking for the best deal currently on the market, please don’t hesitate to call me as I specialize in representing buyers and sellers in this fine community.
Mahalo,
Anthony Sayles R(S) 808-280-6532 Email: Anthony@Danosayles.com