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Andaz Residences For Sale
Investors seeking internationally renowned condos appreciate the exclusivity of the opulent Andaz Residences. Located on the grounds of the luxurious Andaz Maui at Wailea, this development furnishes residents with close proximity to all of the resort's superb services and facilities. The owners of these Wailea luxury condos maintain the right to utilize them for short-term rental purposes. Restrictions upon off-site management agreements may apply, however.
Andaz Residences For Sale
Andaz Residences For Sale
The Andaz Maui at Wailea today encompasses more than 15 acres. Rated as a five-star resort hotel, it provides more than 250 guest rooms to the public, only 12 of which are part of the fee simple Andaz Residences. The facility utilizes a tract that formerly served the Renaissance Hotel in Wailea. Located on the far western coast of South Maui not far from Kihei, this beautiful resort opened for the first time during the autumn of 2013.
In addition to its guest rooms, the facility includes one of the world's most exclusive condominium communities. These luxury units at the Andaz rarely reach the Maui real estate market. Property owners enjoy ready access to all of the fabulous resort accommodations at the Andaz Maui at Wailea. Just consider a few of the amenities available to residents:
- Two gourmet restaurants on the premises;
- Close proximity to the acclaimed Mokapu Beach;
- Two dedicated covered parking slots per unit;
- Access to four multi-level infinity swimming pools;
- The 24/7 Mokapu Market;
- Shaded poolside cabanas;
- The upscale Ohana Room Lounge;
- The Bumbye Bar;
- A spa and fitness center;
- Available housekeeping services;
- Available grocery delivery services;
- Available dry cleaning services;
- Available concierge services;
- An available children's playroom;
- An available well-equipped conference room and business center;
- Available 24/7 hotel security services.
Imagine the convenience of residing in one of the most exclusive and in-demand resorts on Earth! Condo owners at the Andaz enjoy an opulent lifestyle overlooking one of the finest beaches on the lovely Island of Maui.
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About Andaz Residences For Sale
Although smaller in size than most of Hawaii's top condominium communities (the Andaz Residences includes only 12 condos), this resort residential community offers truly remarkable accommodations. The size and floor plans of individual units vary. Buyers discover both three-bedroom, four-bath units, and a limited number of four-bedroom, six-bath units. The developers went extra lengths in equipping these opulent residences with the finest construction materials. The only other development on Maui that really compares is the Montage in Kapalua.
For example, all of the units supply panoramic Pacific Ocean vistas. Imported Italian marble flooring in kitchens, bathrooms, and master bedrooms contribute to the magnificence of these Wailea luxury condos. All contain a myriad of popular built-in features, including recessed lighting, high ceilings, multiple TV outlets, granite countertops, ceiling fans, and multi-zone central air conditioning. Private elevator access to upper levels and amenities like upper-level hot tubs and under-counter Miele wine refrigerators help set these fashionable dwellings apart from other opulent residential communities.
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Superb Resort Dining Facilities
The Andaz Maui at Wailea offers a dazzling backdrop for these exclusive residential units. The resort offers a number of fine dining venues. These facilities include Morimoto's, an upscale restaurant supervised by Chef Masaharu Morimoto. Famous for his careful blending of cuisine traditions from Japan and the West, he prepares gourmet dishes. Guests enter the dining room through a set of French doors, and enjoy meals indoors or on a charming outdoor terrace. Morimoto's conducts a Sushi Bar during the afternoon and serves both lunches and dinners.
The resort also features the Ka'ana Kitchen, a gourmet restaurant specializing in local Hawaiian cuisine that even maintains a sommelier on staff. Its customers may request customized breakfast and dinner menus. The Mokapu Market at the resort caters to guests who seek snacks or light meals. It offers desserts, beverages, and souvenirs on an around-the-clock basis.
An Array of Fun Leisure Activities
The spa and exercise center at the resort remains available to serve both hotel guests and residents of the condominium community. It boasts a staff of full-time exercise trainers. Numerous recreational opportunities await condo owners in this location. The resort features a variety of pools, plus access to a world-renowned beachfront. A 1.2-mile-long beach footpath accessible from the Andaz Maui at Wailea gives residents close proximity to five separate beaches in this exquisite coastal enclave.
Additionally, the facility provides a wonderful setting for socializing. Condo owners may use the resort's extensive available facilities. These include comfortable social gathering places, such as the stylish Ohana Lounge and the Bumbye Bar. The Shops at Wailea offer excellent nearby shopping opportunities. Attractively landscaped green areas on the resort's grounds help create an eye-catching setting for the exclusive condo community.
An Investment in a Tropical Paradise
Wailea serves as the site of an annual Maui film festival. In addition to its popularity as a tourism and vacation destination, Wailea appeals to people seeking to visit other attractions on the lovely Island of Maui. It stands within easy commuting distance of the historic town of Lahaina, a former whaling center. Today, many visitors go there to attend Hawaiian and Polynesian cultural events, participate in whale watching cruises, or tour shops and museums.
Perhaps it should surprise no one Andaz Residences for sale reach the realty sales market place only infrequently. In 2013, these fee simple units commanded asking prices ranging from an estimated $4,300,000 to $11 million. The median sales price for a property here reportedly hovered in the $5,500,000 range during 2018 (an average price of $1,955 per square foot). Reportedly, in 2013 these condos required the payment of maintenance fees in the mid $4,000 to $7,000 ranges.
Reasons to Consider Purchasing a Wailea Luxury Condo
Many advantages attach to owning one of these exclusive condo units. One leading reason to select realty, its location, certainly applies in this situation. Only a very limited number of Andaz Residences exist. Property seekers hoping to reside full-time in a top resort in Maui find these outstanding condominiums an appealing choice.
Additionally, unlike many other upscale developments on Maui, this one permits property owners to rent out their units on a short term vacation basis. The presence of the resort infrastructure alleviates administrative concerns associated with this process. Condo owners enjoy a superb quality of life while in the residence and still have an opportunity to earn revenues from rentals during periods of absence. These one-of-a-kind residential properties offer impressive benefits!
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Get started on your journey to owning property on Maui by getting in touch with us at Maui Elite Property.
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