Overview of Papali Wailea
In 2008, Papali Wailea was completed and further enlarged in 2009. This high-end residential-style condo appeals to Maui real estate purchasers seeking luxury surroundings in the Wailea Resort. It combines the perfect blend of the privacy of single-family homes and the benefits of condo living.
Set on a 10-acre tropical hilltop, Papali Wailea has 24 fantastic homes. Each 2,386 square-foot house, with 3 bedrooms and 3.5 bathrooms, promises loads of privacy, ocean views, and top-tier amenities like a shared pool and gym. Additionally, the property features an owner’s pavilion with amenities such as a breathtaking 75-foot infinity pool, a barbecue area, a fitness center, and a spa.
People living in Wailea enjoy the cooling trade winds, a dry temperate climate, and the relaxed vibe that makes Maui famous. In Wailea, you get the best of two worlds: the quiet charm of a unique Hawaii neighborhood plus the easy-to-reach luxury amenities in the Wailea/Makena area.
Unit Configurations
Papali Wailea houses twenty-four identical residences, each consisting of 3 bedrooms and covering an area of 2,386 square feet. These residences are meticulously arranged in four-stepped rows, promising every unit a satisfactory panoramic view of the Pacific Ocean.
The floor plan below is not to scale or guaranteed. Individual owner modifications may result in differences. For unit-specific confirmation, please feel free to reach out.
What We Love About Papali Wailea
From top to bottom, Papali is well done. The materials, layout, views, and grounds are executed extremely well. The entire vibe of the community feels like a residential neighborhood. The driveway, plus the garage and storage, gives you a ton of storage and keeps your vehicle from withering away in the Maui elements.
What We Could Do Without
For the price point, Papali does not have the most expansive views. The plus is that all units are single-level, which does maximize the view plane.
Onsite Amenities
- Swimming pool
- Spa
- Fitness Center
- Pavillion
- Recreation Area
- BBQ Area
- Onsite security
Nearby Amenities
Some of the most well-known Maui golf courses are only around the corner. If shopping is your favorite pastime, The Shops at Wailea offers extensive options. Not to mention the proximity to some of the world’s most magnificent beaches (Big Beach, Little Beach, and Keawakapu Beach).
Papali Wailea Sales Statistics
Please feel free to reach out directly for active listings, pending sales, specific sales data, current price opinions, or any other data.
The report below is real-time data sourced from the Realtors Association of Maui. The statistics include Papali Wailea’s average sales price and average price per square foot. These graphs will update automatically with the most recent data.
Association information
For up-to-date information on Homeowner Association (HOA) fees and related matters, don’t hesitate to reach out via call or email. (This information is prone to regular updates and changes.)
Primary Uses
Long-Term Rental
Long-term rentals are considered six months or longer here in Maui. You avoid some operations costs such as cleaning, higher management fees, and higher tax rates; however, you are likely to get more income running your unit as a short-term vacation rental. Long-term rentals also offer less flexibility for owner stays.
Second Home
If your goal is not to maximize your ROI but to use the unit as you please, you can do so. You would pay the highest and best use for real property tax, but you would not be subject to the TAT and GET taxes (see below) associated with income-producing short-term units.
Owner Occupant
If Maui is where you want to call home, the owner-occupant is the one for you. If you spend 270 days out of the year on Maui and your unit is your primary residence, then you can apply for the Owner Occupant exemption (frequently asked questions).
Zoning
The zoning for Papali Wailea is Residential. As per Maui County Rules, long-term rentals are allowed. The association requires a minimum stay of 6 months for long-term rentals.
Taxes
Taxes to consider when owning at Papali Wailea:
- General Excise Tax
- Real Property Tax This rate will change depending on your use. You may fall under short-term vacation rental, long-term rental, or the base zoning if your unit is an empty second home or owner-occupied. Resident owner occupants that spend 270 days or more here a year also receives the home exemption tax break.
Weather
Helpful Weather Resources:
Why Tim Stice?
I love what I do and I’m here to offer my clients outstanding service. My team and I have seen almost every scenario imaginable (at least, we’d like to think). Through solution-based problem-solving, transparent communication, and unrivaled market knowledge, we have successfully navigated over a half billion in closed transactions. We care about our clients and are eager to earn the title of your real estate representative.
Give me a call or shoot me an email.
Tim Stice | 808.268.8511 | timstice@hawaiilife.com
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