Wailele Ridge Reservation Lottery (Dec. 2015) – Napili’s Newest Condo Community
Wailele Ridge, the latest residential condominium complex to be built in Napili, is now accepting applications to be entered in a lottery taking place on December 2, 2015 from 4:00-6:00pm. You do not need to be present to enter. The buyers’ names will be chosen at random and will determine their position in selecting a unit at the release of Phase 1. Buildings included in Phase 1 are 2, 3, 4, 5, 6, 17, and 18.
Proposed site map of Wailele Ridge
This lottery is open only to primary residence and second home buyers at this time. All participants must submit proof of cash funds or a pre-qualification letter. Investors will be permitted at a future date.
Wailele Ridge consists of 1, 2, and 3-bedroom condos. Garages and ocean views may be a possibility with select units. Prices range from the low $400,000s-$900,000s.
Artist’s rendition of proposed infinity pool
Highlights & Overview of the Complex
- 158 units on 10 acres
- Long-term residential complex (owner occupants, second home owners, and long term tenant)
- No vacation rentals
- All units will have 2 parking spots
- Pet-friendly
Construction
- Wood construction
- Tile roof
- Double pane windows
- Split A/C units
- 3 different design packages and upgrades will be available
Want to Know More?
For more information about Wailele Ridge, please refer to my previous blog: Finally! A New West Side Condominium Complex North of Lahaina.
As with all new construction, some options may be subject to change at the discretion of the developer.
If you have any questions or would like to enter the lottery, please contact me at (808) 870-0966 or devdevery@hawaiilife.com. I would be be happy to assist you in all matters, including filling out paperwork to qualify for the lottery.
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