Wailea Palms By The Numbers
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Wailea Palms For Sale
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Find Extraordinary Value in Wailea
Real estate investors and home seekers alike notice the tasteful Wailea Palms condo complex in South Maui. Valued in a price spectrum ranging between the high $800,000s and $2 million during much of 2019, this luxury development appeals to buyers interested in obtaining an exclusive condo in a gated Hawaiian residential community.
The Wailea Palms condos sit amidst some 14 superbly landscaped acres. Monthly maintenance fees support a full-time on-site property manager and landscaping department. The lush grounds surrounding the condos reveal well-manicured lawns, flowers, mature palm trees, koi ponds, small lakes, and waterfalls. Builders completed this master-planned development in 1992.
The Wailea Palms prohibits short-term rentals unlike its sister property, The Palms at Wailea. Property owners can lease their units to tenants willing to enter into a minimum six-month rental agreement. This development's covenants also prohibit pet ownership.
Wailea Condos For Sale
Condos for sale in Wailea Palms vary in terms of the available sizes and floor plans. From time to time, units do become available for sale here. This development features generously sized lanais. The design team exercised care in placing these buildings in order to optimize the views from these residences.
Single bedroom units vary in size from a minimum of 1,022 square feet up to 1,032 square feet. They offer two baths. Two-bedroom condos furnish a variety of floor plans with either two or three bathrooms. Buyers discover two-bedroom condos in dimensions from 1,080 square feet to 1,699 square feet. The Wailea Palms for sale units previously carried the designation "Palms at Wailea II."
Luxurious Interior Features And More
All of the condos in this gated community include open, airy floor plans. They offer high ceilings, with sunken living rooms. Central air and central heat contribute to a comfortable interior environment in every unit. Kitchens and baths feature attractive granite countertops.
The condos in Wailea Palms receive regular maintenance to help maintain safety and property value. Property owners pay monthly fees towards this expense that vary, based upon the size of each unit. During 2019, these expenses hovered in the $600 to $1,270 per month range. Purchasing a condo here includes eligibility to purchase a membership in the nearby Wailea Golf Club. It offers access to two other championship golf courses.
Amenities Abound at Wailea Palms
As a resort community, the Wailea Palms supplies residents with access to a number of in-demand shared amenities. These include the beautifully landscaped grounds, as well as an on-site professional-grade putting green. The development sports a large outdoor heated saltwater pool, and an exercise room. The pool offers excellent views of the nearby mountainous horizon.
Residents can use the Wailea Palms on-side picnic area and pavilion. It provides outdoor grilling facilities. This social area remains available for catered functions. The condo development also furnishes residents with access to a whirlpool spa.
You'll Feel at Home in Wailea
The immediate vicinity offers a wide array of fun activities and points of interest. For instance, popular Keawakapu Beach lies within easy walking distance of this location. The resort remains proximate to the ocean, yet sufficiently away from it that it does not attract extensive tourist foot traffic. Within a brief drive of this location, residents discover a number of public and private golf courses and tennis courts.
Just a short stroll to the south, residents of the Wailea Palms discover some popular shopping and dining outlets. For example, the Wailea Village Center and the Shops at Wailea appeal to numerous visitors and Maui residents alike. This lovely residential resort condominium development occupies a prime location in South Maui.
Key Selling Points
Why do home buyers choose to purchase condos at the luxury Wailea Palms residential community on the island of Maui? A variety of considerations prompt buyers to select fine homes in this scenic location. Some of the most popular include:
- The well-situated location of this condo community
- The desire to obtain a low-maintenance residence
- Eligibility for membership in the Wailea Golf Club
- Obtaining a luxurious home or second home in a gated community in the State of Hawaii
- Enjoying wonderful Pacific Ocean views without adjoining a beachfront
- Investing in a master-planned resort community capable of retaining value
- Obtaining a home within easy walking distance of recreational, shopping, and dining opportunities
Since this development reached completion in 1992, it has developed a stable, friendly residential community. Units in this location do not change ownership as frequently as those in some other Hawaiian condominium communities within similar price ranges.
The Wailea Palms maintains policies to prevent short-term realty rentals. Consequently, residents tend to remain longer and they enjoy a great opportunity to become acquainted with their neighbors in this small, upscale enclave. Most owners here discover a sense of community at the Wailea Palms.
Additionally, due to the fragility of its ecosystem, the Island of Maui limits residential developments. This island maintains a far lower population density than many other places, especially the populous Island of Hawaii. Restrictions placed upon building in Maui likely contribute to the investment value of condos within the Wailea Palms resort community.
This development lies on the far southwestern edge of Maui, not far from Big Beach and Makena State Park. Residents who select homes here enjoy ready access to stunning scenery in one of the less frequently traveled areas of the state. Although proximate to shops and restaurants, Wailea Palms offers privacy. These fashionable condos will appeal to many real estate investors!
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