Listed at the end of July, Polo Beach Club Villa 509 stands out as one of Makena’s best condos for sale. Located on the 5th floor in the building, the unit is high enough to take advantage of sweep ocean views and is perfectly positioned to make the most of the Makena lifestyle. Having completed a full on remodel just 1 year ago, the unit was overhauled and redesigned to create a high desirable vacation rental.
Ready for immediate use by the buyers or a short term rental, this unit has generated extremely impressive revenue figures well into the 6 figures range. The new layout is conducive to entertaining and allows for an open feel to create a free flowing feel. Must see this Polo Beach Club unit in person to appreciate!
Listed at $3,388,888
Polo Beach Club Market Update 2019
With 7 full months in the book, the Polo Beach Club has seen 3 units sold for a running sals volume of $7,825,000. Compared to the same time in 2018, 2019 is outperforming 2018 by 300%; in fact, 2018 saw 0 units sold in Polo Beach Club. The lack of sales in the community can be attributed to the low inventory and the high barrier to entry. Maintenance fees alone in an average unit will run owners close to $20k per year assuming no special assessments.
66% of the units sold far were able to find a buyer within 2 months of being listed, while one unit needed more than one year to seal a deal. All of the units sold are on upper floors that command the desirable ocean views Makena real estate is known for.
To get a better idea of the market, check out our complete report on Polo Beach Club sold data.
- Number of Polo Beach Club condos sold: 3
- Average sold price: $2,608,333
- Highest priced unit sold: $3.4 million
- Lowest priced unit sold: $2.175 million
- Number of units in escrow: 0
With only one Polo Beach Club unit for sale, buyers do not have much supply to choose from which makes their bargaining power very low if they strongly desire a Polo Beach Club unit. Although there are comparable properties like Makena Surf and Na Hale O Makena, they just do not offer the same kind of beachfront access.
The best way to stay up to date is with our Molo Beach Club new listing alerts. Subscribing to these kind of alerts gives buyers the first mover advantage if they act quick enough.
- Number of Polo Beach Club Condos For Sale: 1
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.
Anthony Sayles R(S)