My recent news post from the “Baccarat Wailea Beach Resort and Residences” is not that long ago. But the Honolulu Advertiser published a great summary in the Business Section of today’s publication. I am keeping this entry short so you will make the time to read “Luxury Condotel Plans put on hold“. It puts in words what we know. And it makes clear that there is not yet a solution for this prime location within the Wailea Resort.

On January 30, 2009, two days after this original post, The Maui News featured their version of the same situation on the front page: “Owner tight-lipped on Plans for Renaissance Wailea Beach Resort“. This article gives the reader some more background and history of the property. It’s sad to know that the decision to shut down operations by the end of Summer 2007 was too early after all.

The combination of both writings makes it clear that this is a key location within the Wailea Resort destination. Because of the pretigious and world class location in association with the holding cost for such a property, it seems to be pretty clear that there will be some kind of public announcement made in the very near future. Stay tuned.

Today we added a Map Search Function for Wailea and Makena Real Estate to our site. This newly designed interactive function is very easy to use. It is directly linked to our popular Maui MLS search setup. Here you can search for Wailea Condos or Makena Condos by individual complex as well as for Wailea Homes and Makena Homes by neighborhoods. Simply click on the map below and get started.

The Wailea Makena Real Estate Map Search button is displayed in our signature, bright orange color on the top left of every page. You can use your mouse to navigate and click each area that automatically changes color as you move over it. By clicking on any area on the map that does not change color, the initial full size map will be displayed. So it is very easy to start over whenever and from wherever you like.

Mahalo to all of you that made this possible. And now go play with it

And I am really surprised that it took almost 500 days for this Wailea Home to find a new Owner. Wailea Golf Estates is an extremely private community with only one gated entrance. Most homes have good ocean views, but the views from this house are simply outstanding.

On the photo below you can see the Four Seasons Hotel with the ocean and the island of Molokini behind in the distance. Not one of my best photos but it was the only one I had on hand to announce today’s event. It really is a spectacular place.

The initial listing price was $3,600,000.00 and today’s Escrow was opened with a listing price showing $2,950,000.00. It will be great to find out for how much and when this home is changing ownership. Whoever you are, you hit the jackpot. This is an excellent property in one of Wailea’s best neighborhood. And I wish I could have been involved in this sale. Congratulations!

To track South Maui Real Estate activities, you can check my Sales Reports. They are usually updated between Sunday night and Monday morning HST (Hawaiian Standard Time). Or you can send me an email to sign up for my automated notifications.