Overview of Wailea Fairway Villas
Wailea Fairway Villas is a low-rise resort community offering 1 and 2-story condominiums with ocean and golf course views. These units provide both ocean vistas to the west and views of Haleakala Mountain to the east.
Residents here have convenient access to world-class golf courses, upscale shopping centers including The Shops, Gateway Center, Wailea Town Center, and Wailea Village Center, as well as various renowned restaurants. This pet-friendly complex sits above the strip of Wailea Hotels and provides easy access to beaches and walking paths.
Unit Configurations
Set on 12 acres of beautifully landscaped tropical grounds near Wailea Beach, this property offers 118 units in various sizes, ranging from 2 to 3 bedrooms. From cozy 2-bedroom units of 949 square feet to more spacious 3-bedroom options of 1,568–1,659 square feet, there’s something to suit every need. The amenities are equally impressive, including a pool with a jacuzzi, fitness center, recreation area, and storage exclusively for residents.
The floor plan below is not scaled or guaranteed. Individual owner modifications may result in differences. For unit-specific confirmation, please feel free to reach out.
What We Love
Wailea Fairway Villas is the perfect lock and leave. Most of the units have very pleasant ocean views, and the community as a whole offers a low-key, quiet experience. Each unit has plenty of storage and room for friends and family wishing to visit.
What We Could Do Without
The maintenance fees are fairly high for long-term rental options, however, WFV was built in 1998 and they still look new. The overall upkeep of the property is immaculate.
Onsite Amenities
- Pool
- Hot Tub/Spa
- Fitness Center
- Recreation Area
- BBQ Area
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 Fairway Villas 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 Fairway Villas’ average sales price and average price per square foot. These graphs will update automatically with the most recent data.
2 Bedroom
3 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
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 and 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).
Zoning
The zoning for Wailea Fairway Villas is D-2. As per Maui County Rules, vacation rentals are not allowed.
Taxes
Taxes to consider when owning at Wailea Fairway Villas:
- 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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