Location, Location, Location!—The #1 rule when investing in real estate. I don’t know about you, but I certainly wouldn’t mind living in a gated community in Wailea right on the Old Wailea Blue Golf Course and right across from Ulua Beach.
This is a typical afternoon on gorgeous Ulua Beach which is literally right across the street, and a 5 minute walk from Wailea Fairway Estates. As you can see, Ulua Beach is a breathtaking white sand beach on Maui; what you may not see is that this beach is far less visited than some of the other beaches in South Maui like Keawakapu or Wailea Beach. If you are looking for beauty and solitude Ulua Beach may be for you.
40 Hale Alii Place is the only residential bank owned home in Wailea at this time. This is a 3bed/3.5bath home of about 3,670 sq. ft. with an attached Ohana (guest quarters) that is 1bed/1bath with its own kitchen is about 650 sq. ft. It sits on a well manicured and very private 1/3 acre lot bordering the golf course.
2010 Assessed Value: $2,139,900
Current Asking Price: $1,549,999
Own it for: Make an offer! The bank is very motivated to sell this property now
Interested in investing in Maui foreclosures, but this isn’t exactly the right fit for you? Please take a look at the below galleries, and let me know how I can be of assistance to you.
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