Listings at Kai Malu
Within the last several weeks, 5 Kai Malu units have entered escrow, perfectly depicting the type of demand Kai Malu has seen over the last few months. With so many units entering escrow at a rapid pace, inventory has been depleted in the community.
Private Plunge Pool: Kai Malu 29A
Kai Malu 29A is front row excellence with your own private yard, plunge pool, and jacuzzi! Remodeled in 2018, the unit has been redone from top to bottom and excellently maintained. With the feel of new construction, enjoy the Hawaiian soft Contemporary style design reminiscent of Wailea’s luxury beach lifestyle. All art is excluded and the furnishings are available in a separate bill of sale.
Listed at $1,875,000
Sold by the Sayles Team: Private Oasis – Kai Malu 17B
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 saw just over $8 million in sales volume. In terms of price/sqft., buyers 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; 80% 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: 5
- Average sold price: $1,631,000
- Highest priced unit sold: $1.75 million
- Lowest priced unit sold: $1.49 million
Kai Malu Condos For Sale
With a total of three Kai Malu Condos For Sale, all 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 fall and seasons.
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: 3
- Average asking price: $1,661,300
- Highest priced unit sold: $1.98 million
- Lowest priced unit sold: $1.39 million
See a complete list of Kai Malu Condos For Sale
Contact a South Maui Real Estate Specialist
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