Kai Malu Betters 1 Unit Sold/Month
At this point in time, the Kai Malu market has been experiencing a pace of one unit sold per month; that’s pretty much all you can ask for in terms of consistent turnover in a condo complex. Nothing in the neighborhood has sold for under a $1 million this year suggesting that the value of Kai Malu units are slowly creeping up. The lowest priced unit that closed this year was negotiated more than $100k lower that list priced and is a well furnished unit, it sold for $1,026,880. The highest priced unit sold for $1,820,000 which is pretty close to the upper limit of what they sell for.
A view from a unit that sits a bit higher up in the community
The lowest priced unit is listed for $1,348,880, but it does have a plunge pool that’s perfect for cooling off in the Wailea heat. There are no Kai Malu units available in the $1,000,000 range, the next closest is $350k. The highest priced unit is new to the market and is finished with high end touches and entertains majestic views.
Highest Priced Kai Malu: Unit 31A
Live only the best Kai Malu has to offer for $1,855,000. Unit 31A is a town home of pure distinction. Facing west, the residence captures pristine ocean and outer island views, Haleakala sunrises and a lifetime of spectacular Maui sunsets! Bask in valued privacy and ocean views from every room, the location of this unit is one of the most desired among the community.
Honua design floor plan with lower level master suite, Jacuzzi tub, and a first floor laundry room. Upgrades include: wood floors, Bose speaker system, central vacuum, security system, extended tiled lanai, extra kitchen window, Wolf appliances and a brand new 42 Sub Zero refrigerator with French door, custom interior lighting, Minka fans, handcrafted furnishings, plantation shutters, custom drapery, shades and upholstery.
Private Plunge Pool: Unit 13B
Fabulous ocean views from both upstairs master bedroom and the downstairs enclosed yard area with very private lanai for $1,348,000. Best kai malu lewa model value featuring plunge pool & spa! Ammentities include fully furnished unit, pecan cherry hardwood flooring, french doors, extended travertine lanai, additional art lighting, window coverings & two car garage.
Recent Remodel: Unit 16B
Upgraded in 2014, unit 16N, a Lewa Kai Malu townhome is a must see for $1,350,000. Brazilian Curupay hardwood floors line the downstairs floor, a 6120 watt DC PV system, built-in speakers capable of dual zone surround sound in the living room and lanai, art lighting, new Sub Zero refrigerator, Maytag W/D, and GE microwave. An extensive lanai furnished with an outdoor kitchen area; includes a GE gas grill, mini fridge, and one of the largest yards in the complex. Additional upgrade include a jetted tub in the master and an entryway closet. Last but not least, most windows offer an ocean view especially from the second story master and its private lanai, with Kahoolawe and Molokini in the distance.
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.
All Ho’olei villas feature an open concept with a spacious lanai
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