Overview of Wailea Point
Situated between Four Seasons and Fairmont Kealani on Maui’s south shore, Wailea Point, built in 1986 and expanded in 1987, comprises 279 units across 66 walk-up buildings. The units offer spacious, well-designed layouts, each featuring a personal garage and assigned parking. Amenities include a fitness center, swimming pools, barbecue areas, and tennis courts. Its prime location provides residents with easy access to Wailea and Polo Beaches, golf courses, shopping centers, and restaurants, making it a convenient and enjoyable place to live.
Unit Configurations
Wailea Point Village offers 66 two-story buildings with two- and three-bedroom units ranging from 1,553 to 3,666 square feet. Additionally, there are multiple expanded 6-bedroom, 6-bath residences spanning 4,813 to 4,848 square feet.
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
Wailea Point is a resort living without the hotel guests. The grounds, location, and layout are impeccable. The location between two of Maui’s best hotels and two of Maui’s best beaches is hard to beat.
What We Could Do Without
Wailea Point is zoned for hotel use, however, their bylaws do not allow for the unit to be rented for less than 6 months. This was voted in by the condo association, so it is wanted by the majority of the owners, but this does not allow for the highest and best use.
Wailea Sunset
Onsite Amenities
- 2 Pools and a Lap Pool
- Pavilions and Kitchen
- Tennis Courts
- Workout Room
- BBQ Areas
- Concierge
- Garages
- Event/Meeting Rooms
- Cabana/Club House
- Beach Access
- 24-Hour Gated 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 Point 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 Point Village’s 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. (The following documents may not be the latest version. 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 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 Point Village is H1 & H2. As per Maui County Rules, vacation rentals are not allowed.
Taxes
Taxes to consider when owning at Wailea Point Village:
- 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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