Kai Malu 13B is a great value for buyers with 32 photovoltaic panels and a back up battery system means extremely low electricity costs! Not only has this Kai Malu unit been outfitted with great interior upgrades, but it has also been specially upgraded with its own private plunge pool and hot tub. The 300+ sqft lanai just off of the main living room neatly compliments the flex use outdoor/indoor living arrangement.
The 3 full bedrooms with 2.5 baths have been wonderfully designed with the Wailea lifestyle in mind. Having an attached two car garage means you can really have it all! The convenience of a carefree condo – that lives just like a private home.
Listed at $1,559,000
As a top row unit tucked away in the corner, Kai Malu 70A has been upgraded over the years with close to a quarter of a million dollars in upgrades. Offering a small private plunge pool off of the lanai, you don’t need to leave home to enjoy the comforts of the South Maui lifestyle.
Some upgrades include: new limestone flooring throughout, a remodeled kitchen, an oversized lanai with complete outdoor kitchen, Jacuzzi, and a 10KW photovoltaic solar system with net metering. This unit is the popular Lewa model, which boasts the larger living/dining room and lanai.
Listed at $1,795,000
Kai Malu Market Update 2019
Kai Malu is highly regarded among many buyers in the Wailea real estate market and has seen strong demand from buyers. January alone saw 3 closings, February wasn’t far behind with 2 closings, and March closed out a strong Q1 with one unit sold. The market rebounded in summer with 6 closings since June. With 17 million closed in running sales volume, don’t expect the market to slow down with 2 more units sitting in escrow.
The barrier to entry into Kai Malu has slowly crept up over the years with deals regularly closing in excess of $1.5 million. Buyers have been quick to move on units with 5 finding buyers within 3 months of listing. Only one unit sold need more than 2 years to find a buyer.
For a complete picture of the market, check out our Kai Malu sold data.
- Number of Kai Malu condos sold: 12
- Average sold price: $1,419,291
- Median sold price: $1,356,250
- Highest priced unit sold: $1,740,000
- Lowest priced unit sold: $1.25 million
With a total of 4 Kai Malu Condos For Sale, all of the listings are priced in the middle to upper price range of the market. For buyers looking in the $1.5 million range, they will have the most options where 2 have actually been on the market for awhile and are ripe for offers.
The current inventory is totaling just over $6 million and can soon dwindle down quickly as more buyers enter the market in the winter visiting season.
While there is a fair amount to choose from, the best way to stay up to date is with our Kai Malu new listings email alert.
- Number of Kai Malu condos for sale: 4
- Average asking price: $1,583,000
- Highest priced unit sold: $1.8 million
- Lowest priced unit sold: $1.45 million
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)