With its beachfront location next door to The Grand Wailea and a vacation lifestyle that blends the best aspects of a single-family residence with those of a luxury hotel, for my money the Wailea Beach Villas represent the ultimate in Maui vacation rental property.
Wailea Beach Villas
Completed in 2006 and sold new through 2008, the property has some 99 units on 10.74 acres of some of the most exclusive real estate on Maui. Five units are currently listed, from $2,325,000 (MLS# 334226) to $5,095,000 (MLS# 348419).
Four are in Wailea Beach Villa’s Penthouse Building. Pricing in this 5-story building elevates with the view: Unit PH506 (MLS# 353043), listed at $3.9M, features nice views from its over-sized lanai. Units are 2 and 3-bedroom and range from 1,899 to 2,879 square feet. Unit F-201, listed at $5,095,000, is one of seven villas with a more private and low-rise tone.
From the Penthouse Building, where the lobby, concierge, fitness center, business center, and underground parking are located, the property terraces down toward the beach amidst a tropical paradise of neatly manicured growth and water features.
A child-friendly pool fronts the Penthouse building, with an oceanfront infinity pool a short stroll away on a meandering path. The oceanfront pool features a pavilion and a gated exit enables instant access to the beach path that roams Wailea’s oceanfront resorts.
The property’s beachfront units are among the most prized properties on Maui. They’re rarely listed: in May, 2010, Unit A-201 (MLS# 343373) sold for $12,500,000, the highest price ever paid for a condo on Maui.
Wailea Beach Villas – Current Active Listings
- (MLS# 334226), PH 106, 2 bed/2 bath, 1,899 sq.ft., $2,325,000
- (MLS# 352831), PH-203, 3 bed/3 bath, 1,961 sq.ft., $2,785,000
- (MLS# 352727), PH-410, 2 bed/2 bath, 1,978 sq.ft., $3,350,000
- (MLS# 353043), PH-506, 2 bed/2 bath, 1,978 sq.ft., $3,900,000
- (MLS# 348419), F-201, 3 bed/3.5 bath, 2,879 sq.ft., $5,095,000