In a recent meeting, Coldwell Banker Island Properties announced the opening of their newest office location. As the leading Maui Real Estate company and dominating franchise in the business, the owners made themselves known for their bold and successful endeavors over the past 20 years. The new office will be located in the Wailea Gateway Center, right next to the Bluffs At Wailea. Please see the Plat Map below.

It is an excellent strategic location right at the south end of Piilani Highway and the beginning of Wailea Ike Drive. The office for Coldwell Banker Island Properties is at the southern corner on the second floor of building A. This will allow for clear advertising on two sides of the building. The company’s contract is exclusive and will not allow for competing brokerages in the Wailea Gateway Center.

The new office is scheduled to open for the next Winter Season, some time in October of this year. Around the same time, Destination Resorts Hawaii will move their entire operations up from The Shops At Wailea, creating a true “Welcoming Corner” for folks interested in the South Maui Real Estate Market, short term or long term.

Tradition has it, that the Coldwell Banker Island Properties / The Shops At Wailea office has a long history of excellent production. The prestigious location frequently makes “headlines” with many agents who would like to join but do not receive an invitation for this or that reason. I proudly accepted my invitation a number of years ago and spent almost my entire career as a Maui Real Estate Agent in this office. Our team has won many awards as the #1 office for the franchise world-wide in this size and category. As proud as I am to be affiliated with Coldwell Banker Island Properties, I will stay in the office in The Shops At Wailea.

After all these years, there will be many folks still using the long time established name Diamond Wailea Resort. The property is located at a landmark location on the top of Kaukahi Street, right next to where the entrance for Wailea 670 (also known as Honuaula) will be. Last month, the owners, a Honolulu based Investment LLC “dropped the Diamond” and announced a name change to now Hotel Wailea Maui.

In addition, the Hotel Wailea Maui is undergoing a complete renovation that is expected to be completed by October 1, perfectly in time for the winter season. The all-too popular Capiche Restaurant will not be effected by the construction and re-model work.

Today’s Maui Photo is one of those Diamond Maui Sunsets composed with a zoom lens, somewhere from the area above Wailea Highlands and Wailea Golf Vistas.

YOU stole this unit! I am absolutely convinced that Hoolei At Wailea unit #B4 is the single best unit in the complex if we are simply talking about location, location, location! And now YOU got this unit at a ‘give-away’ price for $2,100,000.00. Congratulations!! Sit back and relax to see this number double when our market bounces back like it always does. The transaction closed yesterday and will show in tomorrow’s updated Sales Reports.

Hoolei Wailea unit #B4 sits at the highest point in the complex, in the center of the building, further out then building A and with gorgeous views towards the ocean and Molokini Island. The original sale for this Maui Real Estate Investment closed in March 2008 for $2,895,000.00. It has been custom painted and was professionally furnished to be re-listed in the Maui MLS during the same month for $3,675,000.00. And now, only 16 months later, YOU got it fully furnished and decorated, ready to go, for a killing $2,100,000.00. I want to call this the ‘Sale Of The Year’ for now.

For your orientation, please use the following link for a printable Hoolei At Wailea Plat Map. The above shown plat map is a link to a line up of photos of the views and from the interior of this unit.

During the first six months of the year, Hoolei At Wailea is certainly making headlines in the South Maui Real Estate arena. There have been more sales in this Wailea Condo then in the other high-end competitor complexes of this area combined. We are talking about 10 closed and recorded sales for 2009: Five below and another five above the magical $2,000,000.00 mark. Additionally, two more units received accepted offers and are currently in Escrow.

Make an offer & find out for yourself how much paradise is worth these days! Contact me and I will show you the deals. Mahalo from VW.