Our newest listing is a fantastic top floor Mana Kai unit 805 sitting at the top of the market, the lanai boasts stunning views from Makena to West Maui. Being located on the penthouse level ups the desirability factor among prospective buyers, no upstairs neighbors and the highest point possible in the complex. The unit has never been listed before in its entire 30 years adding immense value to the quality and cleanliness of the unit. 8th floor units move rather quickly and command a steeper list price while holding their value to buyers. The unit is a little over 700 square feet offering a spacious feel that opens up onto the lanai and brings that Wailea sun indoors. The lanai is a great place year round and at anytime of the day to relax and soak up Wailea’s stunning beauty. You can learn more about this condo community by reading our guide Mana Kai condominiums.
Coveted top floor penthouse, beachfront location with stunning ocean views overlooking the beautiful white sands of Keawakapu Beach! Completely renovated, including kitchen and baths, fully furnished and ready to enjoy as a second home or popular vacation rental. The Mana Kai offers beachfront living at its best and is known as one of Maui’s most popular spots for swimming, snorkeling and paddle boarding. On site amenities include the Five Palms restaurant, a convenience store with deli, activities desk and water sports equipment rental store. Located just minutes away are Wailea’s world class golf courses, tennis facility, shopping and fine dining. This is the perfect Maui vacation home!
At the moment, we have two of three units listed in the neighborhood. The lowest priced unit is our listing listed at around $1.2 million, it is a second floor unit sitting above the pool and is great location for active buyers who like to feel the vibes of the community. The second unit listed is a sixth-floor unit offers commanding ocean views from the living area, the kitchen, the lanai, and the Master bedroom. The average list price for a unit in the complex is sitting at just under $1.5 million at $1,490,666. There are also two units sitting in escrow listed at $1,389,000 and $1,695,000.
7th floor villa sold for $1.4 million
Last year in 2015, the complex saw three units change hands for an average sold price of $1,395,333. The ability to vacation rent the unit is an added bonus for buyers as the vacation rental income can go a long way in helping cover carrying costs and put the complex in a lot more of buyers’ price points. The lowest priced unit sold for $1.2 million, a third floor unit facing the ocean and taking advantage of the amazing views towards Makena. The highest priced unit sold for $1.4 million, it sat on the 7th floor of the ocean side was upgraded to reflect modern finishes. In 2014, three units were also sold on the 2nd and third floor; none closed over $1.2 million but were all paid for in cash.
Contact a South Maui Real Estate Specialist
Our team has been blessed to have been part of this extraordinary community since its creation in 2005. Our real estate information office is located on site and is open 7 days a week. It truly brings a smile to my face meeting first time guests, return visitors, and full-time residences that love and embrace the Maui lifestyle.
We’d like to extend an invitation to you to feel free and stop by the on-site Ho’olei real estate information office, which is open daily, before the reservation desk, from 9:00AM – 5:00PM.