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Maui Real Estate Resources

The Maui Real Estate Blog

Grand Champions Price Reduction to Low $500k

Great Value @ Grand Champions: Unit 108

Originally listed in November of last year for $539,000, Grand Champions unit 108 was priced attractively but apparently not attractive enough. The list priced has since been reduced to $515,000 making it the lowest priced condo for sale in all of Wailea. The next closest priced listing is a rather spacious unit in the Wailea Fairway Villas.

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Extremely good value in this one bed, two bath unit. Nicely located in the beginning of the complex, the vacation rentable unit possesses wonderful ocean views. The vacation rental income can go a long way in helping cover the carrying costs. The Grand Champions is widely regarded as a premier vacation rental complex in Wailea. During the busy season, it is extremely tough to rent a unit because of the constant demand.

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Grand Champions Condo For Sale

At the moment there are double digit Grand Champions condos for sale representing a total project sales volume of $7,320,800. The average list price for a unit is $732,080, a pretty decent entry price into Wailea considering the major benefit of the vacation rentability. The median list price of a unit is slightly lower at $724,000. There are 4 units in the $600k range while there are 3 units in the $700k. The lowest list price of unit sits at $515,000 while the highest priced unit is $975,000.

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Various Rental Options: Unit 48

Grand Champions unit 48 is well priced and is primed for rental options. This unit is an investors dream because the versatility of the unit allows the room to maximized during the off seasons. The rental income from these kind of units goes a long in way in helping cover carrying costs. At an entry price of $799,000 into the Wailea Resort, the unit is perfect fir building equity and trading up to a unit with more rental income potential.

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This Grand Champions condo sits above the pool and is a 2 bedroom, 2 bath unit with great rental history. with a nice ocean view. Granite counter tops line the kitchen and nice furnishings are only a few of the great finishes. The versatile ability to lockout the unit 3 different ways is the most attracrive option.  The 3 rental options are, a 2 BR, 2 BA, a 1 BR, 1 BA or a studio.

Lovely Remodel: Unit 59

The unit is on the ground floor with pretty ocean views, it was recently renovated and neatly furnished with lovely decorations for $749,000. New tile floor, custom designed new kitchen including Alaskan Blue granite counters, 4 new ceiling fans, AC in all rooms and elegant furniture; it is truly a piece of paradise! The master is a large with a luxurious en-suite. The guest suite is just as desirable, both bedrooms have their own air conditioning and temperature control, are very private and independent, each located at far ends of the unit. This unit is ideally located close to the pool, Jacuzzi and BBQ area.

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Recent Remodel: Unit 21

This 2 bedroom lock out unit provides a wide range of options to owners and guests. It can be rented as a 2BR/2BA, a 1BR/1BA, or a studio unit with its own private entry. Most recently remodeled in 2012, including: cabinets, granite counters in kitchen and baths, tile and laminate flooring–the unit provides an upscale and comfortable environment for owners and guests alike. Recent improvements include new A/C in the LR. New microwave, new washer/dryer and water heater, flat screen TV’s in all rooms, all new cookware, and the $10k obligatory lanai re-tile has been completed.

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Contact a South Maui Real Estate Specialist

 

We’d like to extend an invitation to you to stop by our on-site Ho’olei real estate information office, which is open daily, before the reservation desk, from 9:00AM–5:00PM.

Our team has been blessed with the opportunity to have been part of this luxurious community since its infancy stages back in 2005. We’ve been in the in house sales team for the past 9 years. It truly brings a smile to my face when I see first time guests, return visitors, and full-time residences who embrace and wholeheartedly love their Maui lifestyle.

Mahalo,

Anthony Sayles

(808) 280-6532

Anthony@DanoSayles.com

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