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Maui Real Estate Resources

The Maui Real Estate Blog

Exclusive Kai Malu Villa Sold by the Sayles Team

Private Oasis: Kai Malu 17B

Brought to market in early December, Kai Malu 17B is a stunning unit with its own custom plunge pool right off of the back lanai. While small, it is perfect for cooling off and relaxing in during those warm Wailea days. Only a handful of units come with the sort of luxury and privacy. Another benefit of this unit is the lack of neighboring balconies looking into your pool and spa for maximum privacy! While Kai Malu units are classified as condos, they offer a blend of single family living and the ease of a condo lifestyle.

This incredibly unit offers the largest private fenced yard with private pool and spa in Kai Malu and possibly of any condo in Wailea! The sellers left no detail undone and splurged with the amount of upgrades installed.

We’re incredibly happy to sell at full list price for $1,495,000.

Kai Malu Market Update 2020

Kai Malu is highly regarded among many buyers in the Wailea real estate market and has seen just over $4.7 million in running sales volume. In terms of price/sqft., buyer should expect to pay $800-$1000.

The barrier to entry into Kai Malu has slowly crept up over the years with deals regularly closing in excess of $1.5 million; 66% of all sales in 2020 closed above the $1.5m mark. Buyers have been quick to snap up units they desire with 2 units finding buyers within 4 months.

For a complete picture of the market, check out our Kai Malu sold data.

  • Number of Kai Malu condos sold: 3
  • Average sold price: $1,573,333
  • Highest priced unit sold: $1,700,000
  • Lowest priced unit sold: $1.49 million

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

Kai Malu Condos For Sale

With a total of 3 Kai Malu Condos For Saleall of the listings are priced in the middle to upper price range of the market.

The current inventory is totaling just under $5 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.

319 KAI MALU PL 60B

319 KAI MALU PL 60B
Price: $1,599,900
Beds: 3
Baths Total: 2.5
Sqft: 1796
Acres: 25.16
City: Kihei
State: HI
Zip: 96753

132 KAI LA PL 29A

132 KAI LA PL 29A
Price: $1,985,000
Beds: 3
Baths Total: 2.5
Sqft: 1796
Acres: 25.16
City: Kihei
State: HI
Zip: 96753-6508

38 KAI LA PL 20A

38 KAI LA PL 20A
Price: $1,399,000
Beds: 3
Baths Total: 2.5
Sqft: 1796
Acres: 25.16
City: Kihei
State: HI
Zip: 96753

See a complete list of Kai Malu Condos For Sale

Contact a South Maui Real Estate Specialist

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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

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