New Kihei and Wailea Vacation Rental Condo Listings
KAMAOLE BEACH ROYALE 411 - $1,295,000
Located directly across the street from Kamaole II Beach, Kamaole Beach Royale is a phenomenally successful vacation rental property, known for its ocean views. Listings here are fairly rare, and this 2-bedroom fourth-floor listing will likely go quickly.
MANA KAI 607 - $2,135,000
With its beach front location on Keawakapu Beach, one of the best stretches of sand in the Hawaiian Islands, Mana Kai shoulders Wailea’s northern edge and boasts some of the best views of any complex. Every unit has south-facing ocean views, and this building was constructed before the setback laws – it’s literally 100 feet from some of the best snorkeling on Maui. Prices at Mana Kai (2/2, 767 sf) are now routinely in the 2M range. We are a Mana Kai management company, and it’s one of our most successful units.
KAMAOLE SANDS 5205 - $1,325,000
The impending assessments due to plumbing and resulting shutdown of various buildings in the property while the work is completed has done nothing to dampen buyers’ interest in this property, and building 5 remains a favorite. This 2-bedroom, 2-bath unit spans 1036 square feet, and recent closings at the property make this an excellent deal by comparison.
HALE HUI KAI 205 - $1,595,000
Hale Hui Kai is one of only two condo properties on Keawakapu Beach, and owners love its boutique tone and texture. Steps from the golden sand, with an ocean front pool, this property is a vacation rental favorite. Unit 205 is a 2/2 Garden View condo, but it’s less than 60 steps to the surf. It spans 898 sf.
POLO BEACH 408 - $4,600,000
One of Wailea’s only beach front vacation rental options, Polo Beach is as close to a high-rise as Maui gets, and offers spectacular, forever views. With one of the largest footprints of any 2-bedroom in Wailea (1186 sf), Polo Beach units feel even larger, blending indoor/outdoor living with expansive views.
HOOLEI 57-2 - $6,195,000
And suddenly there are four active listings at Ho’olei, arguably South Maui’s preeminent luxury vacation rental property. Located across the street from the Grand Wailea on a terraced property with views from the top three (of four) levels, Ho’olei units’ range between 2,600 and 3,200 square feet, and are all 3-bedroom, 3-bath. Owners can opt for Grand Wailea privileges, and the property features its own grotto-styled pool, fitness center, garages, and indoor elevators.
Kevin Spaise is a Maui Realtor specializing in Maui vacation rental investment real estate. Kevin is an expert in Kihei and Wailea real estate and has been a full time Realtor for 20 years, with more than $120M transacted. He owns Vacation Maui, a property management company with 70+ investment condos under management, and delights in providing real-time performance data to future investors. See KevinSpaise.com, or call him directly at (808) 344-0624.
Stay up to date on the latest real estate trends.
Ocean Front Mana Kai 410 continues to rock 75% occupancy with ADR of $476
Mana Kai not targeted on Minatoya list, new law would have no impact
Beach front Mana Kai market active, with two units closing at over $2M
Vacation-Maui’s two luxury Elua units crush it in April, with 80% occupancy
Wailea Elua zoned Hotel, not targeted by Minatoya list
Low inventory, high demand drives strong Wailea Elua vacation rental condo market
Palms at Wailea hits 85% occupancy in April, despite soft visitor count
Quiet market at Palms of Wailea
Wailea Ekahi 4E books 28 of 30 available nights
Whether you're just starting to explore the options and want a quick overview of the areas and pricing, or specific properties have caught your attention, I would so appreciate the opportunity to share my knowledge and insight with you. Warm Aloha!