Overview of Wailea Ekahi Village
This resort stands out among the rest with its low-density design, allowing you to enjoy a serene environment. Set across 34 acres of meticulously landscaped tropical gardens, the resort’s low-rise buildings offer breathtaking ocean views and create a feeling of being immersed in a lush paradise. As you stroll through the resort, you’ll be greeted by clusters of buildings that blend seamlessly into the landscape. Take a refreshing dip in one of the four swimming pools, challenge your friends and family to a game of paddle tennis or shuffleboard, or savor a delicious meal using the barbecue grills provided. Whether sipping a refreshing drink on your private lanai or taking a leisurely walk through the gardens, you’ll feel like you’re in your own tropical oasis.
Unit Configurations
The units in Wailea Ekahi Village range from 484 to 1,575 square feet. The ground-level, 1-bedroom, 2-bath apartment rental in South Maui offers secluded, green belt positions with ocean views at Wailea’s magnificent beachfront Ekahi Village Resort. Wailea Ekahi in South Maui is unlike any other location we have ever been to because of its sunny, tropical atmosphere and proximity to incredible beaches, golf courses, restaurants, tennis courts, and other amenities.
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
Space! Wailea Ekahi has room to roam. The sprawling grounds and oceanfront location make this condo complex a great place for morning coffee jaunts or evening cocktail cruises.
What We Could Do Without
The exteriors of the buildings are a bit dated and would be difficult to modernize, but the location and grounds really make up for it. Many condos in Maui have the same issue regarding the antiquated look, so it’s a not an issue unique to Wailea Ekahi.
Onsite Amenities
- BBQ Area
- Swimming Pool
- Recreation Area
- Club House
- Concierge
- On-site 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).
Wailea Ekahi Village Sales Statistics
Please feel free to reach out directly for active listings, pending sales, specific sales data, or current price opinions.
The report below is real-time data sourced from the Realtors Association of Maui. The statistics include Wailea Ekahi’s average sales price and average price per square foot. These graphs will update automatically with the most recent data.
Studio Unit
1 Bedroom
2 Bedroom
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.)
- Pets are allowed
Here are the Association rules and information.
Primary Uses
Short-Term Vacation Rental
Maui vacation rental demand has consistently performed well throughout the years due to the desirability of being in a tropical setting yet still within the United States. During the peak winter season, Maui’s population can shift from the baseline resident population of 165K or so to over 300K people.
Historically, the typical vacation rental condo averages 75-80% occupancy; we have some clients and property managers that consistently keep their units 90%+ booked. High-end units may see lower occupancy than mid- to low-end vacation rental units.
As a guide for our clients, we apply the 10% rule to help them identify properties with a gross annual income of 10%+ than their acquisition cost. An example would be a $1M property grossing $100k or more yearly. The net income to the seller would be based on how they operate the unit and the work they’re willing to do. Self-managed units net the highest income but also require the most work. Front desk management usually has the lowest income but less involvement and flexibility. Independent property managers are often the happy medium between excellent service and solid revenue. Please reach out if you’d like a proforma or rental projection for a particular unit. We’d love to help.
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 you less flexibility for owner stays.
Second Home
If your goal is not to maximize your ROI but to simply 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)
South Maui Map
Zoning
The zoning for Wailea Ekahi Village is PD-H. As per Maui County Rules, long-term and vacation rentals are both allowed.
Taxes
Taxes to consider when owning at Wailea Ekahi Village:
- Transient Accommodations Tax
- 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:
Wailea Sunset
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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