Just Sold: Grnad Champions Unit 75
Grand Champions Unit 75 is a spectacular unit that just closed this past week for $655,000, $55,000 less than the original asking price of $710,000. The unit spent about three months on the market before entering escrow a few days into May.
The buyers of this condo got a great deal as rental income can cover substantial amounts of it’s operating expenses.
It’s all about the location. This fabulous 2 bedroom ground floor Grand Champions unit has a charming ocean view overlooking the Wailea Blue golf course. Beautiful newer granite in the kitchen and recently re-tiled lanai. This unit would make an exceptional vacation rental or second home.
Market Update
Contrary to what many think, entering the Wailea real estate market can be a lot more affordable than what immediately comes to mind. Sure there are always a few buyers flush with cash ready to outfox others with steep bidding wars, but that is true on some of the rarest occasions. Purchasing in the Wailea Resort is rather affordable if you know where to look. The Grand Champions provides the perfect opportunity for ownership in Wailea, with prices ranging from $499,000-$699,000. There are currently 3 Grand Champions condos for sale, with one more currently in escrow.
Unit 37 sold by the Sayles Team for $587,100
Since the beginning of the year, there have been nine Grand Champions condo sold for an average sold price of $557,455. With the few units in escrow combined with the units already sold, the community is on track to have a bigger year than 2013. This year to date, the neighborhood has produced a total sales volume of $5,017,100 compared to 2013′s total sales volume of $4,572,000.
For Sale: Unit 156
Location, Location, Location!!! Prime golf frontage with ocean views for this well maintained 2nd floor, spacious, bright & airy 2BD/2BA. This unit is the highest priced condo in the community listed for $699,000. A few steps lead you to your front door on a semi-private landing, shared with only one other unit. The interior features timeless design with high ceilings & an open-concept kitchen, dining, living area. The master suite faces the view side & includes a walk-in closet, large bath with double sinks & huge shower (the guest bath has a tub).
There is plenty of room for guests in the garden-side 2nd bedroom, that also features its own en-suite bath. Enjoy breakfast on the lanai with ocean, mountain & serene golf course views before you set-out to your Maui adventures. Rented short-term, all showings subject to guest occupancy. Sold furnished, turn-key.
For Sale: Unit 47
This 2-bedroom, 2-bath with lock-off feature at the Grand Champions Villas is a timeless beauty for $649,000. Decorated with inspiration from the sandy shores of Wailea, this super-neutral decorating palate makes the perfect backdrop for the tropical gardens outdoors, while making the indoor area spacious, relaxing, subtle and sophisticated. This is a natural beauty with colors of unbleached seashells, lots of natural sunlight and west-facing lanai for the enjoyment of gorgeous sunsets.
Fresh neutral beach and sand scheme give this home a relaxed and informal feel that is a cohesive look to maintain. Immaculately kept and shows pride of ownership. Move-in ready, fully furnished, this is your opportunity to own in prestigious Wailea. Make it your home, your home away from home, or a vacation rental. Close to Wailea Blue Golf course, world class tennis courts, the Shops of Wailea, and South shore beaches.
Contact a Ho’olei Neighborhood Specialist
Great open concept with plenty of outdoor living space
Our team has been blessed to have been part of this extraordinary community since its inception in 2005. Our real estate information office is located on site and is open 7 days a week. It truly brings a smile to my face meeting first time guests, return visitors, and full-time residences that love and embrace the Maui lifestyle.
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 10:00AM – 4:00PM.
Mahalo,
Anthony Sayles
(808) 280-6531
Anthony@DanoSayles.com