Highest Priced REO on Maui History

REO's (foreclosures/bank-owned) in the Wailea / Makena real estate market have been a comparatively minimal aspect of the overall market as there have been very few (count them, a total of 9) REO's that have ever hit the market. And none of them have been in the upper-tier subdivisons. That is, until now. 

255 Noho Like Way has just been listed for $5.5M by Wailea Realty, thereby making it the highest-priced REO in the history of Maui. Offering 4,225 of interior living space, it is an exceptional home in arguably one of the most exclusive subdivisions on Maui. And with almost 1,000 square feet of covered lanai, the indoor / outdoor fusion is made seamless by the disappearing glass walls. Terraced high over the Wailea Blue Course, Wailea Highland is an enclave for the well-heeled buyer looking for perfection in Maui: incomparable exclusivity, commanding view corridors, and high-end finishes worthy of a 5-star hotel. Heated pool and spa, exceptional outdoor space, and meticulously maintained grounds at Wailea Highlands make this opportunity primed for a priviledged buyer.

Priced at $1,301 per square foot, is this a well price property? Contact us for a private consultion, to include Wailea real estate trends, recent sales, reasonable niche projections, and more. With expertise in Wailea Highlands and how its value proposition sits within the overall Wailea market, we are well poised to represent buyers in the purchase of this property.

**Update as of 03/30: Property under contract as of March 6th, fell out of escrow on March 21st. Presents a strong value in the Wailea real estate market**