Having undergone a recent renovation, Grand Champions villa 29 comes to marketed as a coveted 1st floor corner unit offering enchanting views of the Old Wailea Blue Golf Course. The unit comes complete with covered outdoor lanai that can be used as another focal point of the because of its cool breezes and spacious layout. The lanai is on the perimeter of the community; so there are no neighbors bothering you, just nothing but privacy and peace of mind.
The best perk of the unit has to be its diverse floor plan because of the lock off flexibility it offers. Technically a 2 bedroom, 2 bathroom, 1148 sqft unit by design, but there is a lock off feature that can turn the unit into 2 separate and distinct units with their own private entries. Under the 2 unit configuration, 1 unit can be used as a studio and the other works as 1 bedroom and 1 bath unit. Under these circumstances, owners can have two rental properties for the price of 1. This option becomes particularly useful if you wish to generate cashflow to help cover the monthly costs associated with the unit.
The unit is being offered at $888,000
Recent renovations include a completely remodeled kitchen, high energy-efficient stainless steel appliances, new furnishings, and granite countertops. Bathrooms are appointed with custom showers and stylish vessel sinks.
Additional upgrades include plantation shutters, crown molding, new fans, split A/C system, bamboo and tile flooring throughout. Listing agent is owner.
3D Floor Plan of Grand Champions 29
Our Matterport technology can be viewed in 3D as if you are walking through the unit or as 2D to give a birds eye view of the unit.
Grand Champions Market Update 2017
By Grand Champions standards, the market slightly underwhelmed where it saw a 35% decrease in the total number of sales from 2016 and a decline of more than $4 million in total sales volume. Although the numbers were down, it can partly be contributed to the low inventory across Maui; you can check out our recap of 2017 sales here. The low inventory contributed to an increase in median sales price where 2017 saw a $50k+ gain to $640,000. August, October, and November were the only months to not see any sales in 2017.
The most interesting part of the date lies in the buying behavior and sale prices. 3 buyers were able to scoop up great deals and purchase properties in the $500k range, which is in the low $600/sqft range. On the high end of the market, 2 buyers spent in the mid $700k range to secure their properties. The upper $600k price point was the most productive with 4 sales total. The most stand out stat of the Grand Champions market has to be the days on market. Of all of the units sold, no unit took longer than 6 months to be listed, find a buyer willing to write an offer, enter escrow, and finally close for the agreed sale price.
- Grand Champions units sold: 9
- Average sold price: $649,444
- Highest priced unit sold: $750,000
- Lowest priced unit sold: $555,000
- Number of active Grand Champions Condos For Sale: 5
- Average asking price: $756,180
- Highest priced listing: $1,050,000
- Lowest priced listing: $554,900
Contact South Maui Real Estate Specialist
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.
We are also on-site real estate team at the Ho’olei villas, we are open from 9AM-5PM daily, so feel free to stop by anytime. Also, see a full list of Wailea condos for sale and Makena condos for sale.
Aloha,Anthony Sayles R(S) Anthony@Danosayles.com 808-280-6532