Market Update

The Wailea Palms market tends to not be as active as its counterpart, the Palms at Wailea because it does not allow vacation rentals (Palms at Wailea does allow short term rentals). The community harbors longer term residents, which is nice because there is less traffic flowing in and out on a daily basis. The neighborhood encourages a community feel as it is common to see neighbors at the community pool house.

The view from the community pool overlooking the West Maui Mountains

Since the new year, there has only been one condo sold in the neighborhood for $800,000. Just this past week, two well valued units entered escrow and are expected to close in a timely fashion. The two units that entered escrow were listed at $979,000 and $1,195,000.

Unit 3801 sold for $800,000

There is currently five Wailea Palms condos for sale. This neighborhood tends to be one of the more affordable communities in the Wailea Resort, prices range from $775,000-$1,250,000. The average listing price for a unit in the complex is $1,041,600, a very nice average for such high quality living.

The Wailea Palms is nestled neatly above the Wailea Kai residential subdivision, with 120 luxury units offering panoramic ocean views of the West Maui mountains and the deep blue Pacific. The community is strictly long-term rentals with a minimum of six months occupancy and pets are not allowed.

In Escrow: Unit 3005

An outstanding remodel, offering quiet garden views and a glimpse of the ocean: Wailea Palms 3005 is a convenient, single level ground floor unit, located in the heart of the complex. This renovation was an exceptional makeover, taking all spaces in careful consideration. The floors are tiled from outside the entryway, until the corners of the lanai. Glass and screen doors have been changed to easy-sliding Coastal doors.

All windows received matching louver-style Californian shutters. The custom mahogany cabinetry with complimenting built-ins and solid-core mahogany doors, are the distinctive signature of Wailea Palms 3005. Listed for $979,000. The kitchen layout has been changed, appliances are stainless steel and the interior ceiling was raised to match the room. Countertops are granite throughout, cabinet drawers are self-closing and the toilets have been replaced with the low-flow Toto product.

Enjoy music from the built-in surround sound system, and end the day in the king-size bed of the master suite by Minds Eye Interiors. Wailea Palms 3005 has been appointed with quality furnishings. The setup includes a stainless steel BBQ on the lanai as well as a complete set of Ebel outdoor furniture. This unit is perfect and move-in ready.

In Escorw: Unit 2702

Wailea living; ocean breezes, tropic temperatures and pristine beaches. Now you have a chance to own a piece of this beautiful island. Wailea Palms, a unique, low-density property, one of the most prestigious condominium addresses in Wailea. #2902 sits atop a lush green belt of swaying palms, local flowers and blue ocean waves. This exceptional location delivers privacy and an element of seclusion from the outside world.

The concrete construction provides superior acoustic insulation, durability, and more efficient cooling. Easy living, split level architecture provides room for entertaining small and large groups of friends; while dining in the lovely indoor dining space or enjoying that special time on the spacious lanai. Whether your preference is whale or bird watching you’re sure to see them both from the living room, kitchen and outdoor living space.

You’ll love this large, 1559 square foot floor plan with 2 bedrooms and 3 baths (D plan). Our unit boasts a custom storage unit, built in cabinetry and cool inviting travertine flooring. Tasteful furnishings add the finishing touches to this bright, spacious view piece of paradise. You’ll find time for golf, reading or any other loved leisure with the easy maintenance; move in ready unit: 2902 Wailea Palms, a private residential community.

For Sale: Unit 3108

Tastefully remodeled unit at Wailea Palms. Great ocean and West Maui mountain views from the large lanai. This unit is being sold completely furnished and ready for your personal use and could be all yours for $1,299,000. Wailea Palms is a residential gated complex that does not allow for short term rentals. All concrete construction that has been well maintained since it was built. The pool deck was refinished in 2012. The complex offers an astro turf putting green, workout room and common BBQ area that can be reserved for your own private gathering.

For Sale: Unit 3007

Meticulously kept unit, located on the verdant greenbelt of Palms Private Residences listed for $775,000. This one bedroom two bath unit is perfect for a buyer wanting the convenience of a first floor location. Set within a peaceful location, you can lounge on the wrap-around lanai while looking at a Palm fringed ocean view. The West Maui Mountain view is breathtaking, as the landscape colors change continuously with the time of day. If watching the sunset sky is important, you will be delighted each and every day.

The fully furnished interior is pristine, freshly painted with trendy accent colors, along with high quality furnishings and accessories. Numerous interior upgrades include tiled entryway and lanais, updated kitchen appliances, new glass shower doors, built in bookcases, and fresh Berber carpeting. Top grade microfiber sleeper-sofa will accommodate two additional guests.

Ready to move right into, the concrete construction gives a feeling of permanence, as well as the gated entrance gives a level of security that most owners desire. Whether you work out in the fitness center or enjoy the gorgeous swimming pool, this is truly Wailea living at its best. Vacant and easy to show on a moments notice.

Contact a South Maui Real Estate Specialist

Our team has been blessed to have been part of the Ho’olei community since its inception in 2005. We’ve been located on site 7 days a week for the past 5 years. It truly brings a smile to my face seeing first time guests, return visitors, and full-time residences embrace and wholeheartedly love their Maui lifestyle.

Enjoy amazing Wailea nights amongst flickering of tiki torches and soothing waterfalls

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 9:00AM – 5:00PM.

Mahalo,