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Maui Real Estate Resources

The Maui Real Estate Blog

Extremely Rare One Palauea Bay Listing

Prestigious: 37 Ualei Place

Just put on the market this week, 37 Ualei is a world class property listed for $8,795,000.

The epitome of luxury living, 37 Ualei is among the finest properties on Maui, with breathtaking ocean views overlooking the shores of Wailea/Makena. Meticulously designed, this estate offers over 7,000 sq. ft. of interior living area and over 3,000 sq. ft of covered lanai, for seamless fusion of indoor/outdoor living.

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This gated estate features six private master suites, living/dining areas, and a home theater, all anchored by cascading waterfall, sunken cabana, and vanishing-edge pool with hot tub. This bank-owned property is being sold ‘As Is’ and unfurnished. Buyers must conduct own due diligence. Easy to show.

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 The Best Money Can Buy

Just having a chance to call One Palauea Bay (OPB) home is an extremely hard opportunity to come by, rarely do homes and even plots of land in the community come up for sale. If the neighborhood’s name sounds exclusive, that’s because it is! Less than a third of the 17 lots house completed homes; there are only 5 homes that are fully finished, while 3 others still are yet to be completed.

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Great Views from the neighborhood

OPB is loved by its residents for its location, residing between the glamorous neighborhood of Keauhou and the luxurious Fairmont Kealani Resort. This convenient positioning is walking distance to Polo Beach Club, as well as a short drive to all 3 Championship Wailea Golf Courses.

The developer implemented deed restrictions on certain lots, which allows every homeowner to take advantage of the breathetakng views available. All of the home sites at One Palauea Bay boast at least an acre—plenty of room to stretch out and enjoy the perfect weather that Makena has to offer.

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22 Ualei Place, sold earlier this year by the Dano Sayles Team for $5,000,000.

Market Activity

The neighborhood is so prestigious that any movement in the neighborhood is major news. With price tags upwards of $8 million, only very select clientel are seriously interested in the neighborhood. Typically the price range for the community is $4,500,000-$20,000,000. The discrepancy in price indicates the large range of luxury in this community. Some owners are full time residents that chose to deck their homes out, while others are vacation homes.

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Great mountain views up towards Ulupalakua 

Additionally, vacant land is priced between $2,000,000-$5,500,000; and on the rare occasion a vacant lot hits the MLS, they tend to move quite quickly.

A testament to this fact was the sale of 34 Ualei Place. It was a vacant lot that was slated to be listed on the MLS; however once word got out amongst the Maui REALTOR community got out, it sold as a pocket listing (i.e. before it could even be put on the market)!

18 Ualei Place

World-class luxury and comfort are realized in this one-of-a-kind estate. This home is designed to integrate the natural environment with gracious, island-style living. Custom designed to fit your contemporary island lifestyle, 18 Ualei Place is currently in escrow and listed at $4,900,000.

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Enter through the Porte-Cochere and experience this magnificent home, which is highlighted by:

  • 5 bedroom suites
  • 5 baths
  • Chef’s kitchen dedicated to indoor & outdoor cooking
  • Full service bar
  • Large living area
  • Executive office
  • Media room
  • Interior-exterior waterfall bar area
  • 75 foot, infinity edge, black lava tiled swimming pool and spa.
  • Exotic custom cabinets and woodwork throughout,
  • Imported granite, marble and tile,
  • 3-car garage
  • And so much more

The property is being sold “as-is,” with construction to be completed by the buyer.

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Contact a South Maui Specialist

If the maintenance of a home is something that you prefer to avoid, then ownership at Ho’olei is something worth considering. Each unit offers the convenience of lock and go, with maintenance of the grounds included in association fees.

Our team has had the pleasure of being part of this extraordinary community since its creation in 2005. We are located within the community in the real estate information office, just next to the two check in desks.

Villa 39-6 at Ho'olei at Grand Wailea

Enjoy beautiful Wailea while calling the Ho’olei Villas your home

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,

Anthony Sayles
(808) 280-6531
Anthony@DanoSayles.com

 

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