ThatÂ Wailea epitomizes tropical elegance in a way that few beach communities in the world can match may be self-evident to visitors of the luxurious South Maui resort enclave: to many, the surprise comes in theÂ diversity of its condominium properties.
Wailea’s spectacular beaches are among the best in the world. The resort community’s abundant golf, tennis, hiking, and trails cater to an outdoor lifestyle enjoyed by its mix of part- and full-time residents.
These current listingsâ€”ranging from an 1,100 sf, 2-bedroom at the Grand Champions (MLS# 341122), listed at $489,000, to the pinnacle property at the beachfront Wailea Point (MLS# 339893), $10.5 millionâ€”embrace the vast range of lifestyle choices available to the Wailea condo owner.
Some are Surprisingly Affordable
16 condos are currently listed under $600,000, all Fee Simple. Most of them are right on one of Wailea’s spectacular golf courses.
Adjacent to the Wailea Tennis Club, and wrapping the Wailea Blue links, The Grand Champions is one of Wailea’s most affordableÂ properties. Fee Simple, from the $400K’s
Most recent sales: a rare 3 bed/2 bath at $710K, and four 2-bedrooms ($380-535K).
Beachfront Wailea Luxury Real Estate
Others Wailea condos embrace the opulence and some of the world’s best beach real estate
The gatedÂ Wailea Beach Villas, completed in 2007, features 8 buildings on 10.74 acres, with 2- and 3-bedroom units ranging from 1,900-3,000 square feet. Eight are currently listed, between $2.3 and 5.8 million. A beach view, top floor 3 bed/3.5 bath, 2,863 sf luxury condo (MLS# 340789) is listed at $4.895M.
Most recent sales: 3 bed/2 bath, 2,916 sf, $6.8M; 3 bed/2 bath, 2,180 sf, $4M; 2 bed/2 bath, 1,978 sf, $2.15M.
Luxury beach front living at Wailea Point
Wailea Point wraps its 34 buildings (on 26.4 acres) along another of Wailea’s primo beaches, and feet from the ocean along a dramatic, lush green lava outcropping, close enough to feel the ocean spray. In addition to the $10.5M property, five units are listed between $1,95M and $6.95M. A 3 bed/3 bath at 2,900 sf (MLS# 341961) with the largest floor plan available was recently remodeled, and features fabulous views. It’s listed at $4.15M.
Most recent sales: 2 bed/4.5 bath, 3,812 sf, $10M; 3 bed/4 bath, 2,917 sf, $3.7M.
Wailea Elua Village hugs the shoreline
Just up the beach, the Wailea Elua Village hugs the magnificent shoreline, and rolls upward along 24 acresÂ ofÂ beautiful hillside lawn, leaving many ofÂ its 1, 2, and 3-bedroom units with spectacular views. Two units are listed here, including this dramatic ocean front 2 bed/2 bath, 1,259 sf condo (MLS# 341612), listed at $3.9M.
Most recent sales: 2 bed/2 bath, 1,536 sf, $1.4M; 1 bed/2 bath, 1,025 sf, $1.137M
The spectacular new Hoolei, Wailea’s newest luxury residence/resort property, is located just across the street from the Grand Wailea resort, and privileges are available. Exclusively 3 bed/3.5 bath split level units, with private elevators and garages, ranging from 2,400-3,100 s.f.
Part of the feel: a beautiful pool area in a resort setting, fitness center, and on-demand shuttle to spectacular Wailea Beach across the street. A beautifully appointed ocean view 3 bed/3.5 bath Hoolei condo (MLS# 343023) offers the property’s largest floor plan. It was just listed at $2.795M.
Most recent sales: 3 bed/3.5 bath, 3,076 sf, $2.34M; 3 bed/3.5 bath, 2,619 sf, $2.425M; 3 bed/3.5 bath, 3,076 sf, $2.5M; 3 bed/3.5 bath, 2,426 sf, $2.1M.
Kai Malu, one of several new Wailea residential condo properties with a single-family tone, including garages
Large square footage in a residential setting has become a Wailea theme in recent years.Â Papali, Kanani Wailea, and Kai Malu each feature a contemporary, gated single-family theme (none are vacation rental properties) and 1,800-2,400 sf.Â Kanani Wailea is priced under $1M, Kai Malu $850K to 1.5M, and Papali $2.6M to 3.2M.
This rare Kai Malu short sale (MLS# 337340), a 3 bed/2 bath with 1,796 sf, sports a recent $120K price reduction to $839,000.
Kanani Wailea, meanwhile, offers the lowest price per square foot ($390-403/sf) of any property listed in Wailea.
Kai Malu most recent sales: 3 bed/2 bath, 1,796 sf, $1.39M; 3 bed/2.5 bath, 1,796 sf, $736,000; 3 bed/2.5 bath, 1,852 sf, $1.134M
Factoid: The Grand Champions, Wailea Beach Villas, Wailea Elua Village, and Hoolei allow vacation rentals. The Wailea Point, Kanani Wailea, Papali, and Kai Malu do not.
This article is the latest in a series identifying properties within a specific area and/or price range.Â Click here for my most recent blog.