Wailea ranks as the most desired place to retire in the US according to a survey conducted by marketbeat.com. Wailea also ranks as the #1 place to retire in Hawaii 2024 according to niche.com. The environment one lives in greatly contributes to their overall health and happiness. I work in Wailea weekly and love seeing people jogging, walking, golfing, heading to the beach, and usually seeing a big smile on their face. Your health is your wealth and living in Wailea is a great investment in your quality of life.
Recently, there has been a movement / legislation on Maui to stop short-term rentals that are not hotel zoned. Many short-term rental condos fall under apartment zoning and have been able to legally operate due to a ruling in 2001 placing them on the Minatoya List, essentially grandfathering these properties to continue as short-term rentals. However, the recent uncertainty and the potential for pending litigation is a cause for the increase in condos on the Minatoya list coming up for sale around the island.
Many of these condos offer amazing amenities and a great environment for people to live full time, especially if you are ready to retire. Besides a mortgage, one must consider if they have the means to pay for the HOA fees, any special assessments and insurance premiums.
The Wailea Condo complexes that are on the Minatoya List
These 4 condo complexes offer an amazing place to live and retire! They all are walking distance to world class beaches, great shopping and fine dining.
Here is another article I wrote about Wailea Golf Properties that discusses the Wailea golf and dining scene.
If you are interested in Wailea but not interested in condo living, there are many homes for sale in the area. If you want to be right on the beach, check out this listing, 3002 S. Kihei Rd. on Keawakapu Beach.
Whether you are looking to buy or sell, let’s chat. Even better, let’s meet in Wailea and discuss your options while enjoying a meal at one of the fine restaurants in the area!
Aloha,
Matt
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