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Wailea Ekolu Mid Year Market Update 2016

New Wailea Ekolu Listings

Lowest Priced Wailea Ekolu Villa 1003

Just listed in early July, this Wailea Ekolu property is the lowest priced unit for sale at the time of its listing at $638,000. The unit was last sold in 2003 and over the last few years has been on and off the market with no success. The unit has a monthly maintence fee of $632 which is reasonable for the resort area; the unit’s ability to be rented as a short term rental is a nice option if future owners tend to use it in that kind of way.

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Enjoy picturesque OCEAN VIEWS from this GROUND FLOOR, one-bedroom, two-bath Wailea Ekolu unit! Beautifully renovated with tile and wood flooring, and updated kitchen and baths. This wonderful unit is a stone’s throw from the Shops at Wailea, the Wailea Blue Golf Course, and more! Convenient to all of Wailea’s beaches, golf, hotels, restaurants, and shopping

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Front Row Wailea Ekolu Villa 312

Listed towards the end of last month, this Wailea Ekolu unit is similar to unit 1003 (featured above) boasting the same floor plan and has also received recent renovations; however, personal upgrade choices be each owner can reflect major differences in the remodel, thus allowing for a variety of units on the market. Interestingly though, this unit has a lower monthly maintenance by about $15. Listed at $725,000. 

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You can’t beat the panoramic ocean views from this beautifully remodeled front row unit at Wailea Ekolu. Located on the fairway of the famed Wailea Blue Course, the views are never-ending of the sparkling blue Pacific, Molokini, Kahoolawe, Lanai and the West Maui Mountains. Enjoy brilliant sunsets and afternoon breezes from the large lanai, living room, kitchen, dining area, and bedroom. Fragrant flowers and lush landscaping enhance this picturesque setting. Inside, the remodeled bathrooms are gorgeous, and the kitchen has been updated with granite tile counter tops.

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Mid Level Market Wailea Ekolu Villa 1205

The largest of recent Wailea Ekolu listings, the unit has also had some work done to it but is priced affordably enough for buyers to put their own unique touches on the unit. It is a ground floor unit allowing for breezy days and nights, along with an awesome lanai space to watch the famous Wailea sunsets. The unit sits in the upper part of the complex and is an easy location to get around Wailea. The unit is two beds, two baths, over 1000 square feet, and is priced at $875,000.

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Recent Wailea Ekolu Closings

Large & Spectacular Wailea Ekolu 610

At just under 1500 square feet, this unit represents one of the most spectacular remodels in the complex as its final selling price of $1,075,000 proves the buyers were willing to pay top dollar for the unit. The unit was remodeled in 2014 and the level of work done to the unit is some of the best in the complex.

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The sweeping ocean views from this 1489 square foot, completely remodeled spacious townhouse, provide endless sunsets and whale watching from both levels. This luxurious town home is walking distance to the shops of Wailea. Features include a new 3 zone split AC system, steam washer, hybrid water heater, high end DC fans as well as additional windows for maximum light and visibility. There are entry doors on both levels with additional custom storage, which makes this unit a great vacation rental with the potential for an excellent source of income. Arguably one of the nicest units in Ekolu.

Wailea Ekolu Market Update

So far in 2016, there have been 6 closings totaling a running a sales volume of $5,345,000 while averaging a sold price of $890,833. Five of the six units that sold could be considered in the higher price point of the complex, anything above $800k is definitely represents a high end unit in the community. March was Wailea Ekolu’s best month as 3 units closed, all were above $700,000. So far only one unit has sold at full list price, however, it’s only an indication that there may be room to negotiate on units; in the end, it will come down to each seller’s situation and their willingness to accept a marked down price.

The lowest priced unit to sell closed for $560,000, the unit as a first floor unit with one bed, two baths, 866 square feet, and closed after a 4 week escrow. The highest priced unit to sell closed for $1,150,000, it is an upstairs 2 bedroom, 2 bath, very private, has unobstructed ocean views, with great rental history, repeat guests, and is fully furnished

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Deep blue ocean views from Wailea Ekolu

Wailea Ekolu Condos For Sale

10 WAILEA EKOLU PL #1207

10 WAILEA EKOLU PL #1207
Price: $2,095,000
Beds: 2
Baths Total: 2
Sqft: 1071
Acres: 18.45
City: Kihei
State: HI
Zip: 96753

10 WAILEA EKOLU PL #909

10 WAILEA EKOLU PL #909
Price: $2,200,000
Beds: 2
Baths Total: 2
Sqft: 1071
Acres: 18.45
City: Kihei
State: HI
Zip: 96753

10 WAILEA EKOLU PL #1304

10 WAILEA EKOLU PL #1304
Price: $1,999,900
Beds: 1
Baths Total: 2
Sqft: 866
Acres: 18.45
City: Kihei
State: HI
Zip: 96753

10 WAILEA EKOLU PL #1507

10 WAILEA EKOLU PL #1507
Price: $2,395,000
Beds: 2
Baths Total: 2
Sqft: 1071
Acres: 18.45
City: Kihei
State: HI
Zip: 96753

10 WAILEA EKOLU PL #304

10 WAILEA EKOLU PL #304
Price: $1,989,000
Beds: 1
Baths Total: 2
Sqft: 866
Acres: 18.45
City: Kihei
State: HI
Zip: 96753

See a complete inventory of Wailea Ekolu Condos For Sale

Contact a Maui Real Estate and Lifestyle Specialist

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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

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