Welcome to Wailea-Makena! This area is located along the South Shore of Maui and features some of the most secluded and finest beaches in the world. Wailea is a posh master-planned resort community with select five-star hotels and luxury neighborhoods set surrounded by lush, tropical green landscaping and some of the most beautiful white sandy beaches. In addition, there are high-end boutiques, exclusive art galleries and some of the finest golf courses inside the Wailea resort area. Makena is an exclusive area adjacent to Wailea consisting of nothing but luxury estates and condominium communities.
There are 10 different neighborhoods located inside the resort area of Wailea with most of them being gated communities to provide the utmost privacy. These neighborhoods allow owners the conveniences and indulgences of the most opulent and elite lifestyles.
Condominium communities are abundant in Wailea. Most are priced into the millions but some start as low as the mid-$400s to mid-$500s like Wailea Fairway Villas, Grand Champion Villas and Wailea Ekolu. These communities are very popular as vacation rental communities and can provide rental income to offset the expense of owning here. Several more exclusive communities do not allow for vacation rentals making them popular with full time residents in Wailea. These include Kai Mahi at Wailea and Kanai Wailea which start in the mid $800s and climb to over $1million. For those who are seeking the most exclusive condominium communities as well as allowing for short term vacation rentals, Wailea Beach Villas, Wailea Point (probably Maui’s most famous condominium) and Hoolei at Wailea feature condominium or townhouse style homes that start under $2 million and climb to over $10 million.
In Makena real estate, there are a handful of condominiums that start at just over $1 million and surpass over $10 million. These places feature the most beautiful views and seclusion that homes of this caliber offer. Condominiums in Makena allow for vacation rentals as well.
Single family homes are also plentiful in Wailea and Makena. There are several gated communities in each area all with homes starting at just under $1 million. The lowest price neighborhood in Wailea is Wailea Kai which has homes that list from $900K to over $1 million. Wailea Fairway Estates and Wailea Golf Estates showcase homes bordering some of the world class golf courses at Wailea Resort and are priced from $2 million to over $7 million. These are two of the most highly regarded neighborhoods in the resort. Wailea Highlands is the smallest yet one of the two most exclusive neighborhoods in Wailea with homes priced from $5 to $7 million. Maluhia at Wailea is all about location as it is the only neighborhood that has the only oceanfront homes in Wailea priced from $7 million.
Makena has the most elite homes in Maui. Although there are several homes not located within gated communities that start at $3 million, gated communities like One Palauea Bay, Black Sand Beach and Makena Place are priced from $5 million and top $20 million with Black Sand Beach being the only oceanfront neighborhood.
The median sales price in December for condos in Wailea-Makena was $600K while that of single family homes was $3.75 million. For such luxury homes, the average number of days on the market is only 197 days. Wailea-Makena is very well known for being one of the top recreational and residential communities in the country. There are many opportunities for investors to buy rental properties as investments or for homebuyers to move to the most perfect area in Maui. If the most elite lifestyle is what you desire, then make sure you stop in Wailea-Makena and see everything this area has to offer.