Newest Summer Listings
Wailea Fairway Villas Q201 is the newest listing to market and is expected to not last long because of its coveted top floor corner location in the Q building, which is known for having one of the best view corridors in the complex. With an extra south facing window in the unit, massive ocean views of Molokini and West Maui can be enjoyed from the main living area and lanai. Although the outdoor lanai is only 69 sqft, it is the perfect size for relaxing or using a calming reading space. With vaulted ceilings, there is extra space for the natural light to reflect off of which in turn creates a more open and bright feeling.
Upgraded just last year, the thoughtful upgrades include: new split system A/C, newly renovated bathrooms with beautiful custom tile walk in showers, new Kenmore elite washer/dryer, recessed lighting, and tile/bamboo flooring throughout. Being offered fully furnished, this is truly a turn key property and just waiting for its next owner!
Listed at $789,000
As the lowest priced unit in the complex, Wailea Fairway Villas A102 is listed at $100k less than the next closest priced listing. Offering 2 bedrooms, 2 bathrooms, and 949 sqft of interior living, the unit is very spacious and offers a well designed open floor plan. Boasting a lanai just off the back of the living, it adds a nice outdoor space that can become even more exclusive the option to build a garden hedge right off the lanai for added privacy.
With a recent remodel just completed, upgrades include: porcelain tiles, stainless steel appliances, remodeled bathrooms, crown molding throughout the unit, sleek & modern outlets, and so much more! The baby blue walls and dark wood floors create a strong contrast from one another and is reminiscent of the Wailea beaches that are only a few minutes away.
Listed at $639,000
Wailea Fairway Villas 2018 Market Update
Since the start of 2018, the Wailea Fairway Villas market has done just about $7.9 million in running sales volume and is poised for more sales with 1 more unit sitting in escrow. Owners typically only spend part of the year here or choose to rent their units out for at least 6 months. The low turnover of residents is nice as it is one of the more calmer and relaxed complexes in Wailea. All eleven of the units sold this year were able to find a buyer within 1 year of coming to market; more impressively, 6 of the units sold found new buyers within 3 months of being listed.
Wailea Fairway Villas is regarded as one of the “cheaper” complexes to get into in Wailea with units regularly selling in the $500k price range; 2018 has only seen 1 unit sold for $590,000. While on the upper end, some of the best units in the complex can go for close to $1 million; 2 units in 2018 were sold in the $900k price point and they sure were very impressive for Wailea Fairway Villas.
While this just provides a glimpse into the market, you can request the full data set of Wailea Fairway Villas sales and we would be happy to send it over.
- Number of Palms at Wailea units sold: 11
- Average sold price: $717,818
- Highest priced unit sold: $910,000
- Lowest priced unit sold: $590,000
- Number of units in escrow: 1
Wailea Fairway Villas does not sit at the top of many buyers wish list because the complex cannot be rented out on a short term basis. While for some that is a deal breaker, it is actually a very strong thing to consider for buyers because the unit will not be subject to the same kind of wear and tear, owners can rest easy knowing no one else is using their property, and owners can come back to the property exactly how they left it.
Totaling $4.5 million in inventory, buyers have a fair amount of units to choose with the $700k price range being the most heavily represented. There is one listing in each of the $600k and $800k price points. Only 1 listing has been for sale for longer than 2 months, while the remaining units for sale only came to market within the 2018 summer period. The 3 bedroom units are the most desirable because of its whopping 1600 sqft floor plan and are hardly ever available.
If none of the units catch your eye, you can stay up to date with our Wailea Fairway Villas new listing email alert.
- Number of Palms at Wailea units for sale: 6
- Average asking price: $749,333
- Highest priced unit sold: $819,000
- Lowest priced unit sold: $639,000
Contact a Maui Real Estate and Lifestyle Specialist
The view from Hoolei Villa A6, the ultimate privacy and seclusion in the Wailea Resort
Please consider 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