Screaming Deal on a Top Floor 2 Bed Condo in Wailea
Recently, the Wailea Group Brokerage listed a fully furnished 4th floor 2 bedroom/2 bath Penthouse unit at $3,199,999.
Wailea Beach Villas, #PH410 (MLS# 352727)
Property Features Include:
- 1,978 sq.ft. of interior living area
- Unobstructed ocean and outer island views
- Dramatic oversized doors that open to a spacious 372 sq.ft. lanai
- Well appointed kitchen designed and built by Studio Becker
- Sub Zero refrigerator
- Gaggano cook top
- Viking exterior BBQ
- Travertine flooring
- Granite/marble counter tops
- Limestone/marble bathrooms
Well appointed kitchen designed and built by Studio Becker
- White sand beaches
- Pristine waters of Wailea
- Valet services
- 24-hour security
- Two swimming pools
- Two lounges
- Elegant and informal game room with well appointed kitchen
- State-of-the-art fitness center
- Fully accessorized business center
- Conference room
Why is This a Great Deal?
This is an in-depth conversation that is better addressed during an office consultation or a phone conversation, however, best buys stand out through certain indicators such as:
- Rental revenues
- Cash on cash returns
- Operating costs
- Intrinsic value
- Cap rate
- Acquisition costs
- Resale value
During consultation I enjoy advising my clients to think about the different aspects of ownership and prioritize the above criteria based on their own personal needs.
Wailea Beach Villas Oceanfront Condominiums
When Wailea Beach Villas was rolled out in 2006, Wailea’s newest oceanfront resort took the Maui visiting experience to a new level in combining the most appealing attributes of single family living with the conveniences and resort amenities of a luxury hotel.
Located alongside Wailea Beach, on one of Maui’s most coveted stretches of oceanfront real estate, Wailea Beach Villas encompasses 98 units on 10.74 acres. The property’s southern neighbor, the Grand Wailea, is Maui’s landmark resort hotel, and on the Mauka (mountain, or inland) side sits The Shops at Wailea, South Maui’s fine dining and shopping pinnacle. Wailea’s famed golf courses and tennis club are close by.
And, of course, there are the beaches; in front of the gated beach entrance to the Wailea Beach Villas, one of Maui’s most incredible ocean experience awaits. Fantastic swimming, snorkeling, sunning, paddle boarding, and kayaking – it’s all at the property’s doorstep.
Wailea Beach Villas Amenities
The units span from 1,900 to 3,100 square feet in 2- and 3-bedroom floor plans. Many have incredible ocean views and all have large lanais with private gas grills. Property amenities include two pools (one oceanfront) and whirlpool spas, fitness center, business center, and billiards room.
All units have central AC, well equipped kitchens, and state-of-the-art electronics and appliances. Twice-daily maid service is standard, and a concierge and front desk assist with logistics, beach service, and other guest needs.
Directly next door to the property, a pedestrian gate accesses a multitude of dining options at the Shops at Wailea. A pathway meanders through rich, lush vegetation to the beach and an adjacent walking path that winds through Wailea. The property has become the ultimate south shore address in Wailea luxury condos.
Investment Options at Wailea Beach Villas
Wailea Beach Villas is zoned for short term rentals, giving its owners unlimited options depending on their investment strategy. Some owners live at WBV full time, while more use their villas for a few weeks or months of the year and rent it the rest of the time.
Several management companies handle short term rentals for Wailea Beach Villas owners, and the property does phenomenally well – it’s rated number one on TripAdvisor for “Specialty Accommodations.”
Wailea Beach Villas Listings
View all active listings in the Wailea Beach Villas. Please feel free to contact me directly for units that are not actively on the market as well as other best buys in Wailea/Makena.
Preferred Financing at the Wailea Beach Villas
Please feel free to send me a direct email or give me call at your convenience to get my referred lending contacts for this particular complex.