Wailea Palms 2805 first unit to sell over $1M since May 2009

Since the sale of the most spectacular unit Wailea Palms 3204 in May of 2009, none of the units in this complex sold for more then $1,000,000.00. Finally, the sale of Wailea Palms 2805 shows in the Maui MLS today with a recorded price of $1,100,000.00.

Is this an indication of recovery? Hardly. Wailea Palms 2805 has the large D floor plan with 2 bedrooms, 3 bathrooms and a total of 1559 square feet. The unit shows off an updated and beautiful island-style remodel but does not offer much of an ocean view. This quiet and private corner location in building 28 is a ground floor unit that was purchased for $1,595,000.00 in June of 2006, four years ago.

Out of six units listed at the Wailea Palms, there are 4 above the magical $1M mark and 2 are priced below. All of these units are 2 bedroom units. And one of them is a great deal, knowing that this is one of the very best units in this gated complex. It’s easy to show and I would be glad to be your guide. Contact me for the “Grand Tour de Palms” if you are currently on Maui. If not, I gladly send you a link to a fantastic photo collection of this exceptional Wailea Palms unit.

Today’s Maui Photo captures the summer sunset between the West Maui mountains and the island of Lanai. For a couple of weeks only, the sun will go down in the ocean between the islands during this time of the year. The colors are spectacular, that much, that I can never get enough of this view. Maui no ka oi – Maui is the Best.