Just Listed: Wailea Fairway Villas Unit W103

Just entered into the MLS late last week, unit W103 is now the highest listed condo in the Wailea Fairway Villas at $995,000. Although the unit is listed at just under $1 million, $995k is still a very attractive entry point into the Wailea Resort. From looking at the comps, the full asking price of $995k does look like a legitimate list price with maybe a little room for negotiation. However, the views do speak for themselves and with the amount of buyers on the sideline right now, the unit can go very quickly.

Stunning Views from every room of this spacious corner 3 bedroom 3 bath townhome on the Wailea Blue golf Course, this is the best location possible for privacy, greenway frontage and views. This unit has never been rented and seldom used by owners is ready for the decorating touches, making it your own island home. The property features a fabulous pool, hot tub, community entertaining kitchen, BBQs and an air conditioned fitness center.

Newly Listed: Wailea Fairway Villas Unit U201

Also listed late last week, unit U201 is the second lowest listed condo in the neighborhood at $548,200. Condos going for this low in a Wailea condo complex isn’t unheard of. In fact, this neighborhood has a growing reputation as one of the best affordable Wailea condos. Comps suggest that you can get this type of condo for as low as $500k.

This beautiful 2nd story end unit offers vaulted ceilings and extra windows making it feel much larger than it is. It is in excellent condition, secluded location in the complex, and is offered fully furnished – turn key. Features of Unit U-201 include 2 split system A/C units, granite counter tops, and washer/dryer. The lovely amenities include club house, gym, pool, spa and kitchen/bbq facilities. Easy to show.

Market Update

This year to date, there has been seven condos sold in the neighborhood for an average sold price of $620,000. The majority of deals have come within the last two months, which is not surprising as the Wailea condo market is set to be heating up. Total sales volume of the neighborhood sits at $4,340,000. The lowest condo sold in the neighborhood closed for under $500k at $480,000, the buyers were able to get the deal done for $35k off asking price with a cash offer. The highest priced condo sold for the full list price of $999,000.

Unit K201 sold for $606,000 

At the moment, there is a wide array of inventory available to buyers with a total of ten active Wailea Faiway Villas for sale. The MLS projects total sales volume at $7,384,200, however, not all units sell at full price so the real number is a little under the projected total. Interesting to note that eight of the ten units have been listed since mid September suggesting sellers are aware of the rising condo prices. However, there are still some very good deals out there for the patient buyers. In the neighborhood, there are two listings under $550k with some room for negotiation. While on the high side, there are two condos listed over $900k.

Second Highest Priced: Unit C103

Privately located on a grassy knoll with picturesque ocean views sits this two story three bedroom three bath villa listed at $925,000. The expansive great room features a nicely appointed kitchen with vaulted ceilings in the large living room, dining room and beautiful bamboo flooring. The first bedroom with full bathroom is also located downstairs. A gorgeous winding staircase leads to the upstairs second bedroom with full bath.

Follow the upstairs hallway that opens to the ocean view master suite with full master bath and private secluded lanai. Also included: a relaxing community pool with hot tub and entertainment kitchen plus fitness room. Enjoy the sunset colors and magical starlit nights from your very own villa.

Gorgeous Remodel: Unit E201

Stunning unobstructed ocean views greet you immediately as you enter Wailea Fairway Villas E-201 listed for $685,000. 180 Degree ocean views span from Lanai to the West Maui Mountains & Maalaea Bay. Master bedroom has ocean views. This prime top floor, corner unit has plenty of windows and light that frame the most peaceful tropical setting overlooking Wailea’s Blue Golf Course. UPGRADED and NEWLY REMODELED master and guest baths. Master bath luxury walk-in shower, travertine counter and custom cabinetry. The Gourmet kitchen is fully equipped with Wolf stove top/oven.

Granite counter tops, custom recessed LED lighting & split A/C system. Pride of ownership is evident everywhere you look. Your new Maui home is perfectly located in the preferred “E” building, close to pool/spa area for convenience, but not too close, so you can still have privacy and quiet. Amenities include fitness facility, owners pavilion, and BBQ/kitchen area. Walking distance to many of Wailea’s favorite beaches. Nearby world class golf, fine dining and shopping. This transaction is subject to Seller’s finding a suitable replacement property.

Lowest Listed: Unit A102

Truly a dream! This elegant two bedroom, two bath condo is fully furnished in Tommy Bahama Style decor listed for $539,000. Located on the top of the property, it has lovely cross breezes. Workout gym and newly remodeled pool area are a few of the amenities that add to this properties appeal. Walking distance to Wailea’s finest restaurants and the Shops at Wailea. Must see to appreciate!

Contact a Maui Lifestyle Resource

Whether it is relocating to Maui, buying your first home, investing in real estate, or upgrading your overall well being, you could not find a better lifestyle than Maui. This island is more than just a beautiful destination, it’s home to incredible people and some of the world’s most renowned real estate. People come for the sun, but stay for the lifestyle. For more current information on Maui Real Estate, please contact me for a private showing.

Mahalo,