The newly introduced Keala O Wailea is presented by A&B Properties, one of the leaders in Maui development. The project consists of 70 units, spread across 7 buildings, with 10 units per building. Each building will have 3 levels, with ground and second level having 4 units each, and the top level having two penthouse-style condos. The 3rd level units will be large 3 bedroom units, while the lower two levels will have 2 bedroom condos in the center stacks and 3 bedroom units on the corners. The 3 bedroom units on the 2nd and 3rd levels will have a detached garage, while the 2 bedroom units and ground level 3 bedrooms will have carport parking. As a project, Keala O Wailea does not allow short-term rentals but pets are allowed, limited to 2 per unit.
Being on the gentle slopes of Wailea, residents of Keala O Wailea enjoy panoramic, unobstructed view corridors of the golf course and ocean - the perfect melee of human-made beauty and one of the most picture-perfect ocean views. And being directly adjacent to the Wailea Gateway Shopping Center will offer the convenience of having restaurants (including the ever popular Monkeypod, Fabiani's, The Market, among many others), shops, services, and more all within walking distance. In addition, residents will have exclusive access to a pool/clubhouse center, which is located on the west end of the property. Due to its elevation and terraced terrain, virtually all units will have commanding ocean views and the roofline of the new hotel is speculated to NOT interfere with view corridors too heavily. Keala O Wailea was originally introduced as the 'Bluffs at Wailea' and that project was slated to feature 12 half-acre home sites, each with the privacy, stunning views, and rarity one would expect of the finest in Wailea real estate, but the demand for residential condominium is too strong.
The below is the most detailed and accurate property map of Keala O Wailea available; it is based on satellite image, drone photography, public records, and first-hand visual observation. It is for illustrative purposes only, not guaranteed to be drawn to scale, contact us for more information or to discuss.
Please view the floor plates below as a reference of unit location within each floor and unit layout. These are based on floor plates provided by the developer's sales team upon introduction to the market - these are not guaranteed to be drawn to scale.
Wailea enjoys cool ocean breezes, stunning panoramic views, and the laid back atmosphere that have made Maui world-famous. At Wailea you can enjoy the best of both worlds: the privacy of a traditional yet unique Hawaiian neighborhood, along with the luxury amenities that are so easily accessible to residents of the Wailea area.
Below please find relevant statistics to the Keala O Wailea condo micro-market for the past three years (each being defined as trailing 12 months from previous month). Caveat, as a newer property, it will take time for statistics to 'fill out' over the past few years but the comparison to the rest of the Wailea condo market will help provide context
For more context, below is a brief breakdown of sales over the past few years:
2018 YTD (through Sept 2018): 64 Sales, Average Sales Price of $1,270,030, $914 average price per square foot. 2017: 1 Sales, Average Sales Price of $1.079M, $823 average price per square foot. First developer sale recorded.
Thinking of purchasing a condo at Keala O Wailea? Contact us - we keep abreast of all updates within the Wailea real estate market and are in a position to represent our clients in the purchase of their ideal unit at Keala O Wailea, which is represented by Wailea Realty. We can represent buyers, at no additional cost, in their purchase.
Listings provided courtesy of the REALTORS® Association of Maui.
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