Ultimate Guide to Wailea Condos – Part I
For many, Wailea represents the ideal mix of luxury resort living, unparalleled natural beauty, and Maui’s Aloha spirit. Yet, with condos ranging from entry-level units in the $400K realm, to world-class beachfront units (some reaching the $10M+ mark), it can seem as a daunting endeavor to find the perfect one. But as always, with a bit of information, buyers can make informed/educated decisions that best serve their interests. And as for most Wailea condo buyers, the main qualifying factor (besides price, of course) is whether a complex can be used as a short-term rental, we are breaking this guide into Non-Vacation Rentals and Vacation Rentals. In this part we will explore Wailea condominiums that do NOT allow short-term rentals.
Be sure to Check Part II and Part III of our Wailea Condo Guide series.
Kai Malu
Set atop 25 acres on the hillside of Wailea’s Blue Course, Kai Malu consists of 150 units built in 2007. It offers the privacy of a gated community, a simply phenomenal infinity pool, a spa, and a community clubhouse. It is a short-walk to beaches, but it as sits towards the top of the hill, walkability is not for all. Attached garages, open floor plans, and (for some units) private pools/spas, make it seem more like a single-family residence than a condominium. Pets are allowed as per the By-Laws, but it also prohibits short-term rentals. Units range in size from 1,796 sq. ft. to 1,852 sq. ft. and there are a couple of a variations of floor plans. It is not designated as a flood zone and zoning is D-2 as per County records. In the past year, 14 sales ranged from $750K to $1.7M. Take a look at current Kai Malu condos for sale.
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Kanani Wailea
Built in 2006, Kanani Wailea is located off of Kilohana Rd, at Wailea’s northernmost border and is just a short downhill walk to one of the best beaches in the world, Keawakapu. Eight acres provide the setting for 38 units, varying in size 1909 sq. ft. to 2,229 sq. ft. in a variety of floor plans, with some offering the living area on the top floor for optimal views. It is a gated community, offering residents exclusive use of the infinity pool, exercise room, Jacuzzi, and clubhouse. Kanani Wailea is managed by Hawaiiana Management, allowing pets and zoned as Apartment. Recent sales represent a pretty strong value per square foot in Wailea real estate. The previous year saw 6 sales, from $617K to $900K. View all Kanani Wailea condos for sale currently and send us any questions.
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Papali
Upon its completion in 2008, Papali Wailea quickly became a standard-bearer for the new type of luxury living in Hawaii. Ten acres, directly north of Wailea Palms and East of Wailea Kai, provide the setting for 24 luxury properties. All Papali units are 3 bedrooms, encompassing 2,386 sq. ft. of living space, with careful utilization of natural light and glass to provide the perfect ambiance while maintaining privacy. Floor plans are exceedingly open, feature elegant wood tones and are primed for outdoor/indoor living, with properties terraces at elevations to ensure each enjoys superb ocean views. The gated community offers an incredible 75 foot infinity pool, spa, fitness room, and clubhouse. Developed by Popkin Weinstein LLC, it is currently self-managed, allows pets (consult HOA for details), and is not in a flood zone. In the previous year there were six sales, from $2.15M to $2.95M; peruse current listings at Papali Wailea.
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Wailea Fairway Villas
One of the author’s favorite properties in South Maui, Wailea Fairway Villas sits atop 12 acres bordering the Wailea Blue Golf Course, ensuring optimum golf course/ocean views. Built in 1998, WFV consists of 118 units across 24 buildings, with condos range in size from 2 bedroom / 2 bathroom (949 sq. ft.) to 3 bedroom / 3 bathroom (1,568-1,790 sq. ft.). Building A,B,C,M, and U are on the eastern side of the property, so views are not as optimal (viewing over the parking lot and rooftops of the remaining buildings). It is zoned as D-2 and it is not on a Flood Zone. Owners and guests enjoy exclusive use of the swimming pool, jacuzzi, barbecue area, fitness room, business center, and storage units. Eight sales in the past year ranged from $440K (for a REO) to $985K – view current Wailea Fairway Villas for sale and contact us for a viewing.
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Wailea Palms
Also known as Palms II, Wailea Palms is the sister property of Palms at Wailea, with the main difference being that one allows short-term rentals while the other does not. Built in 1992 and spread across 14 acres overlooking the Pacific, Wailea Palms consists of 120 units on 16 buildings. Individual units range from 1 bedroom / 2 bathroom (1,022-1,032 sq. ft.) to 2 bedroom / 2 bathroom (1,194-1,299 sq. ft.), to expansive 2 bedroom / 3 bathroom condos (1,559-1,699 sq. ft.). It is zoned as A-1 and is managed by Destination Maui Inc. Being two blocks from Keawakapu Beach and from the Shops of Wailea, as well as a short drive to world-class golf courses, restaurants, hotels, it has a prime location near everything that Wailea and Makena has to offer within a comparatively affordable price. The three sales in the previous year were within a very tight range ($575K-642K), view all Wailea Palms for sale and compare current values.
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Wailea Town Center
Completed in 2007, the Wailea Town Center is a mixed-use property consisting of 20 business units and 7 residential units. Building A & B are only for businesses, while the residential condos are on the 2nd level of buildings C & D. Nestled on 4 acres above Grand Champions, all units enjoy sweeping views of the ocean, have private garages, and a very private (some would say ‘hidden’) pool with spa. Units range in size from 2 bedroom / 2 bathroom (1,616 sq. ft.) to 3 bedroom / 3 bathroom (1,910 sq. ft.). It is not in a flood zone and Maui County has designated it as zone B-2. In the past year, no sales took place. The last recorded sale closed on 11/2009 for $950K. View all Wailea Town Center units for sale and email us for more information.
Clearly for those looking for a condomium second home or a permanent residence in Wailea, there are a number of options available that could certainly deliver a dream experience at varying price points. Follow the Ultimate Guide to Wailea Condos Part 2 for a breakdown of all Wailea condos that allow vacation rentals. And for further information, contact the author at alex@mauirealestatesearch.com at any time.
Tags: maui luxury condo, wailea condos
Enjoying the tour so far! Looking forward to reading more!
Alex- I like the use of videos to really capture the feel of these areas. Where do you find the time? Do you have somebody helping with creating new videos or is this something you enjoy doing yourself? It looks like fun creative projects but I’m guessing it does take some preparation to arrive at quality.
Aloha Kevin, it doesn’t take much time to take a few pictures and short videos. What took the longest was learning how to put something together that didn’t look terrible amateurish. But of course, as all things in life, once you get the hang of it, then it becomes pretty easy. I’ve found it to be a great way to get to know my areas of expertise even better and that can translate into better service/representation of potential clients in those areas.
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Wow what a fantastic looking bunch of homes! You have done an excellent job showcasing all the best features of these properties. The videos are great. Best of luck to a fantastic 2012!