Wailea Real Estate

The area of Wailea, Maui, includes a number of garden parks, beaches and roadsides. It is also the home to a number of condominium communities, resorts, hotels, homes and beach cottages. Wailea real estate is very popular, as is the outlying neighborhood of Maui Meadows.

Most of Wailea consists of a 1,500-acre resort developed in the 1960s as a "Planned Unit Development" or PUD. The real estate in this area was created with the idea of shared ownership and shared responsibilities. Each unit owner shares the maintenance of their specific, individual condominium, while the common areas are the responsibility of all the owners in a combined effort. This arrangement cuts down on long-term costs and raises the overall benefits for everyone involved.

Commercial Wailea real estate was also a part of the PUD community structure. Most of the major shopping sources are in north Wailea, near the Grand Wailea center and the Kea Lani Resort. These commercial real estate properties are mostly tourist, resort, and restaurant-based. Other properties are developed for high art, jewelry, shopping, and recreational facilities.

Types of Residential Wailea Real Estate

There are many different styles of real estate in the Wailea area. The neighborhood of Maui Meadows is slightly northwest of Wailea and consists largely of private, custom-built houses. The rest of Wailea is filled with gated condominium communities, golf estates costing two to five million dollars per lot, and ocean view homes listing between $700,000 to one million dollars in price.