Fully Furnished Wailea Palms Unit

Listed in late November of last year at $795,000, this Wailea Palms unit was bound to move quickly. The unit was only on the MLS for a week and a half before a buyer decided to move for it. The six week escrow was 4 times longer than the days it was active in the MLS. The buyers were able to negotiate the price down to $780,000, a deal considering you are in the Wailea area. Sadly, this particular palms complex does not allow vacation rentals; its counter part next door, the Palms at Wailea does have the ability to be used as a vacation rental.

A great 2 bedroom 2 bath unit in the desirable Wailea Palms. This upstairs unit is bright and sunny, has some ocean views from the lanai and master bedroom, but otherwise looks out onto the lovely grounds of this 7 acre complex. Fully furnished and ready to move in, this unit is in great condition with new carpeting and a new refrigerator. The Wailea Palms boasts a beautiful pool, lovely bbq and recreation area, an exercise room, and an excellent location. Wailea Palms units are not for vacation rentals but serve residents and those who wish to have a lovely second home on Maui.

Wailea Palms For Sale

The Wailea Palms market tells an interesting tale if you take a look behind the numbers and dive a little deeper into a few specifics. In all of 2014, six units were sold for $5,325,000 at an average price of $887,500 with a median price of $862,500. The lowest priced condo sold was a one bedroom, 2 bathroom ground floor unit that closed for $710,000. The highest priced condo sold was a gorgeous remodel that closed for $1,040,000 after a 1 month escrow.

Although there were technically 6 units sold in 2014, the number is actually more realistically five because one of the closings entered escrow in mid November of 2013 and closed after a few days into 2014. The five sales all came in the latter half of 2014. Three closings came rapidly in July, before two closings finished off both November and December.

At the moment, there is a fantastic amount of condos for sale in the community. The ten condos for sale represent a total projected sales volume of $10,701,000 working out to an average list price of $1,070,100. The lowest priced condo for sale is a neatly furnished ground floor unit priced at $825,000. The highest priced condo for sale is a spacious 2bed/3 bath unit listed for $1,200,000. Also, this complex is not vacation rentable so there is a lot less traffic in out of the community.

Stunning Condo: Unit 3304

“Wailea Palms Private Residences” – an ideal community set between sapphire seas and the emerald slopes of Haleakala. Highly desirable private gated community within immediate access to all of Wailea’s wondrous activates, amenities, and comforts. The Open floor plan gives a gracious, natural flow and provides a remarkably bright and airy living environment. Take in expansive ocean views and beautiful sunsets while relaxing in your hammock, or enjoy alfresco dining with loved ones on the partially covered Lanai. This inner courtyard unit boasts extensive upgrades throughout and pride of ownership for $1,200,000.

Elegantly appointed with bamboo flooring throughout, cherry wood cabinets, walnut countertops, Electric Design shades, plantation shutters, stainless steel appliances, and custom stone tiled showers. The Master bedroom features its own direct ocean view and flows seamlessly into the luxurious en-suite master bath. The 2nd bedroom offers the flexibility of a home office space as the large windows provide plenty of natural light. The spectacular pool and lounge area are perched above incredible ocean views. Clubhouse, BBQ area, exercise room, putting green and beautifully landscaped gardens make this an ideal second home or full time residence.

Spacious Second Floor Condo: Unit 2802

Ocean views at Wailea Palms! Situated on the second floor in a private location, this spacious 1,559 sq. ft. unit offers two master suites and three full baths with an open floor plan that affords spectacular ocean views for $1,165,000. Wailea Lifestyle awaits with three world-class golf courses, the Wailea Tennis Center, ocean sports, shopping and dining at The Shops at Wailea – all of this within easy walking distance to Wailea Palms. Tastefully decorated and only 5 minutes from some of the finest beaches in the world, this condo affords you the Lifestyle that Wailea has to offer.

Undervalued & Best Deal: Unit 3706

Wailea Palms 3706 is an upstairs B floor plan with two bedrooms and two bathrooms for $920,000. This is the most popular layout within the complex. The unit is oriented towards the quiet neighborhood of Papali Wailea, featuring beautiful ocean views with the West Maui Mountains in the background. The lanai has been tiled and the uncovered portion is a spectacular location to enjoy our famous Maui sun. 

There is a private staircase with two short flights of stairs leading up to the entrance. This offering includes all furnishings. The light and airy location of Wailea Palms 3706 are making visiting the unit a true pleasure at any time.

Contact a Maui Real Estate and Lifestyle Specialist

Ho’olei villas, we are also currently the in house “Sayles” team at Ho’olei Grand Wailea

Please interview me to be your trusted Maui Real Estate and Lifestyle Advisor. I was born and raised on the island, and spend a considerable amount of time to inform my clients about the best deals currently on the market. Please do not hesitate to call me for your Maui real estate needs. I am more than happy to assist you in your home search.

Aloha,