Just Listed Kai Malu 21A
Listed in early November, Kai Malu 21A is priced accordingly in the market at $1,375,000. A standout feature of the unit is the solitude and spaciousness of this 3 bedroom, 2 ½ bath “Lewa” floor plan. A quiet and private setting are ensured as this community has no vacation rentals, so the community is calm throughout the year with a minimal amount of traffic in and out of the complex. The unit was last sold a few years ago and has been well kept to guarantee the cleanliness and quality of the construction. The unit does carry a $957 monthly maintenance fee, so that is something to keep in mind when purchasing a unit.
Truly stunning island views from the master bedroom with its’ private lanai evoke peace and serenity. Thoughtfully developed for privacy and maximized enjoyment of Maui’s pristine beauty, Kai Malu offers greenway views of the Wailea Old Blue Golf Course and sweeping ocean views. Interior features include stone kitchen floors, granite counters and stainless steel appliances. As few homes in Kai Malu have photo-voltaic installed, you’ll enjoy the cost-savings of this system today and in the future. This centrally located residence within this luxury complex provides privacy and quietness yet is just a convenient stroll away to the 75 foot Infinity pool pavilion offering panoramic views of the West Maui Mountains and the ocean.
Just Listed Kai Malu 19A
Also listed in early November and built in the same Lewa floor plan as the listing above, Kai Malu villa 19A is priced a little lower as well at $1,250,000. This unit is well taken care of with 3 bedroom and 2.5 baths. The lanai off the living on the first floor is a greating addition to living area as it is the pefect place for al fresco dining during the evening; also, the upstairs lanai connected to the master suite is the ideal place to catch the late sun rises in the winter.
The open living area flows nicely to the extended lanai for indoor/outdoor living and one can enjoy the ocean & sunset views from the lush private yard. The spacious well designed kitchen has wood cabinets, granite counters, stainless appliances, great workspace & storage. The main level has the third bedroom/office & 1/2 bath. Upstairs offers a spacious master suite w/ its own private balcony to enjoy ocean views! The luxurious master bath has his & her sinks, a wonderful soak tub & separate shower. Also on the upper level is a bright & cheery second bedroom with a window seat, a large second bath and the laundry facility that is easy to access. This home has crown molding, outdoor shower which is great when coming back from the beach, 2 car garage + good driveway parking.
Just Sold: Upgraded Kai Malu 70A
The highest priced unit to sell this year, Kai Malu villa 70A sold for more than $100k off the original list price at $1,550,000. Some Kai Malu units have had the option of a private plunge pool being built just off of the lanai and adds a luxurious aesthetic to the private lanai. The villa also received a complete remodel three years ago, so the interior of the unit has crisp and clean feel to the unit; a total of $300k+ in upgrades have been made. The unit sits in the rop rown and in the corner of the complex, so it is able to take advantage of its higher perch in the complex.
Enjoy Molokini views from the main lanai, nearly year ‘round sunsets from the upstairs lanai, and Haleakala views from the guest bedroom. Upgrades include new limestone flooring throughout both levels, a newly remodeled kitchen featuring upgraded cabinetry with deep-pot drawers and roll-out shelves, an extended lanai with outdoor kitchen and Jacuzzi, and a 10KW photovoltaic solar system with net metering which has reduced electric bills to nearly zero. Add to all this, plantation shutters, electric solar shades, triple-zoned A/C, a whole-house, high-tech water-filtration system, and gorgeous designer décor.
Kai Malu Market Update
This year to date, the Kai Malu complex has been averaging more than one unit sold per month with a total of 13 exchanging hands so far. 2016 sales number already beat last year’s sales data by the end of September, so the Kai Mau complex has seen very high demand this year. Another interesting point is that 9 of the sales have closed in the latter half of the year. The complex boasts a running sales volume $17,226,000 with Kai Malu units selling for an average sold price of $1,325,076. Interestingly, in 2015, 3 units sold in excess of $1.6 million; whereas no sales have sold above $1.55 million. 
Stunning views from the highest priced unit sold last year.
The lowest priced unit sold this year closed for $1,012,000. Lovely pastoral garden & Ulupalakua views from the master suite, living room, kitchen & 3 lanais, plus Ocean & Kahoolawe views from the second floor. Vaulted ceilings capped with architectural crown-molding enhance the light-filled living room. The unit was on the market for awhile, but once it was reduced to the rifht price, the unit entered escrow immediately.
The highest priced unit sold is featured above, Kai Malu 70A.
Kai Malu Condos For Sale
Compared to previous years, the available inventory at Kai Malu is on the slim side. There have been times where inventory has reached close to 15-20 Kai Malu units for sale at a time. When there are that many listings, the market tends to become saturated and stagnate.
- Number of Kai Malu listings: 6
- Average asking price: $1,445,816
- Lowest priced listing: $1,250,000
- Highest priced listing: $1,625,000
- Units in escrow: 1
Complete inventory of Kai Malu Condos For Sale
Contact a South Maui Real Estate Specialist
Enjoy amazing Wailea nights amongst flickering of tiki torches and soothing waterfalls
If you’re interested in learning more about our private collection of listings, please contact our team for more information. We specialize in the most exclusive Maui Real Estate including the Makena Wailea resort areas. Our team of exceptional agents are ready to find you your perfect Maui lifestyle property. We respect your privacy and look forward to connecting with you soon. Mahalo!
Anthony Sayles R(S)
(808) 280-6531
Anthony@DanoSayles.com