Elevated Ocean Views Ho’olei Villa 112-3
Listed a little over a year ago on the first of June 2015, this Ho’olei villa came to market at $3.1 million; the unit didn’t receive any serious offers for 3 months before it was decided to reduced the price by $150k. Still at a new price point of $2,950,000, there were no takers. In April, I brought by a few prospective buyer clients of mine to the unit and they felt the unit would be a good buying decision. I’m so happy to announce my client’s offer was accepted at $2,775,000, $325k off the original list price! The unit carries a $1500 maintenance fee, which can potentially be offset by short term rental income if the owners choose to rent it out on a vacation rental basis.
Take in a stunning ocean view spanning from Kaho’olawe to West Maui from this extremely well appointed Ho’olei condominium. This three bedroom, three and a half bathroom condo in the heart of Wailea boasts 2,619 square feet and features elegant and luxurious finishes throughout the kitchen, baths, and bedrooms. Also includes convenient amenities such as an in-unit elevator and a one car garage, in addition to covered carport parking. Ho’olei allows vacation rentals and has an amazing resort pool with multiple hot tubs and waterfalls. It’s location across the street from the amazing Grand Wailea resort can include resort amenities with ownership. Ho’olei is also in close proximity to some of Wailea’s finest beaches, restaurants, and shopping.
Ho’olei Market Update
At the moment, there are five active Ho’olei condos for sale representing an inventory of $13,435,000. The lowest priced villa available (24-3) is our listing at just under $2 million, it is on the lower belt of the community, offered fully furnished, and is a quick stroll to the beach. The highest priced unit available (23-1) is also our listing as well, it is the largest and most highly sought after floor plan in the community; situated on the quiet, south end of the last hotel-zoned development in Wailea, and the view is spectacular–180 degrees looking towards the amazing blue water out towards West Maui.
There are also three unit in escrow representing $8,040,000 in inventory. The Ho’olei complex is finally beginning to pick up momentum as 2 closings and three escrows have occurred in the last month.
The view from 23-1
Ho’olei Condos For Sale
69 MAKAKEHAU ST #I4
69 MAKAKEHAU ST #I3
63 HOOLEI CIR #B2
See a complete inventory of Ho’olei Condos For Sale
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,
Anthony Sayles R(S) 808-280-6532 Anthony@DanoSayles.com