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Maui Real Estate Resources

The Maui Real Estate Blog

Just Sold: Prestigious Wailea Highlands

Single Level Wailea Highlands: 255 Noho Like Way

The Wailea Highlands neighborhood is one of the most coveted names in the resort, perched higher up in Wailea and on half an acre, it is no wonder that this home was barely available for more than a week. This property was sold last year as a REO for well under market value and today it sold for $5,700,000 cash; the sellers maneuvered a solid piece of business and enjoyed a hefty return on investment. With the way the market is looking right now combined with the turnover rate for high end property, the seller got out at the right time; their timing couldn’t have been better. With residential sales down, especially in the $5+ million range, who knows if the sellers could have gotten $5.7 cash offer at a later date.

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Fronting the 12th fairway of the Wailea Blue Course & boasting panoramic Ocean, Outer Island & painterly Sunset Views, this 4,225 sf, ‘single level’, 3 bd., 5.5 ba. pro-actively maintained residence lives large. One of only 24, 1/2 acre gated estate properties in the revered Wailea Highlands. This home is the epitome of seamless indoor/outdoor Maui living enhanced by 60 ft. of disappearing glass walls. Entering through the lushly landscaped Tiki Torch-lit interior courtyard you are enchanted by the sound of the waterfall as you cross the stream. Eight foot African Sapele beveled glass doors frame the Ocean View through the great room, pool area, & across the 979 sf covered lanai. Columns & walls of white coral speak of tropical elegance.

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The gourmet kitchen features Snaidero custom cabinetry, Subzero & Gaggeneau appliances, a 5 burner gas cook-top, wine cooler, ice maker & ample, eat-in, gorgeous granite counter space for sharing one’s culinary creations with friends. Grass paper & mahogany vaulted ceilings lend a feeling of ‘Polynesia’. The powder room with bronze sink & Bird’s Eye vanity is a work of art. A spacious ocean view master with en-suite bath has dual Rain-Forrest granite vanities, a curved cast glass shower enclosure with ‘Hokusai Wave’ design, jetted spa & bidet, travertine floors with irridized glass accents & a triple sized walk-in closet. Two guest, bath en-suite bedrooms, have walk-in closets & lovely garden views. The media room/den offers surround sound, a wet bar with Verdi Fire granite.

Wailea Highlands in Live Time

The average list price for a home in Highlands is $8,650,000…a pretty select group of people can afford such a steep price tag, let alone make that in a lifetime. The three listings available have been on the market for an average of 142 days, now one can easily tell how impressive it is that the home moved so quickly in such a short amount of time. Realistically, a lot of the owners in here are buying in cash and are only spending a few times out of the year at their place. The level of exclusivity in here is top notch and so is privacy, something the residents value highly. A lot of these homes are compounds with so many different relaxation options that owners don’t even have to leave their home! Their level of luxury is on par with many of the hotels, so for them why even venture out of comfort!

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A sprawling Wailea estate asking for an 8 digit fee! 

Contact a South Maui Real Estate Specialist

Please consider me to be your trusted Maui real estate and lifestyle adviser. 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. Don’t hesitate to call me for your any of your Maui real estate needs as I would be honored to assist you in your home search.

Aloha,

Anthony Sayles R(S)
808-280-6532
Anthony@DanoSayles.com

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