Wailea Investment Opportunities For Savvy Investors.
Views from a Wailea Fairway Villas condo for sale
Those who have stayed or visited Wailea Fairway Villas surely understand why it is one of my favorite properties in South Maui. Built in 1998, twelve manicured acres provide the setting for 118 luxury units, ranging in size from 2 bed/2 bath (949 square feet) to 3 bed/3 bath (1,568-1,790 square feet). Residents enjoy exclusive use of the property amenities, which include a recreation center with full-size kitchen, pool and jacuzzi, barbecue areas, aÂ fitness center, and storage facilities.
And now a newly listed unit (MLS# 344287) listed at $775,000 makes it affordable and a provides a good investment opportunity. It is a 3 bed/3 bath beautifully-appointed unit boasting 1,568 sq ft of inside living space plus a lanai perfect for outdoor-living and entertaining.
There are three other comparable units currently for sale priced at $995K (MLS# 340991), $1.095M, and $1.1M (MLS# 343035), and it becomes clear that this is a great value. This is NOT a short sale or REO (bank-owned), just a motivated seller with pricing to sell.
A newly listed REO unit at Kanani Wailea is a great value at $899,900.
And if you are looking for a bigger unit, a newly listed REO in Kanani Wailea (MLS# 344295) would be a choice to consider, priced at $899,900. Fully updated, this 4 bed/4 bath is a spacious 2,242 sq ft of living space and feels more like a house. Enjoy the privacy of a single family residence while maintaining the conveniences of condominium living.
Compare it to a 3 bed/2.5 bath unit for sale (MLS# 341726) listed for $1.1M and its value becomes more evident. As a resident, you would also enjoy a community clubhouse with infinity pool and jacuzzi, a fitness center, and the convenience of attached garages.