Feb. 08th 2016

The Andaz Residences recorded on their 5th closed transaction today. The sales price for unit E4 of the Andaz Residences is listed with $4,295,000.00. By nearly $100,000.00, it is the lowest closing price at this point. This Wailea condo has 3 bedrooms and 4 bathrooms, a total of 2,644 square feet of living space. A ground floor unit in same building sold for nearly $4.4 million US$ in February of 2015. And a unit on the 4th floor in the F-building sold for close to $5.5 million US$ in October of 2014. All three units have the same floor plan. 

Sales for the Andaz Residences launched back in 2012, when the hotel re-opened it's doors as Andaz Maui at Wailea Resort. The first recorded sales were the town home residences in the D-building. These Wailea condos have each nearly 4,000 square feet, offering 4 bedrooms with 5 bathrooms. In November of 2013, the selling prices of around $11 US$ per unit set a new record for Wailea condos. Details are posted in our Sales Reports. The Andaz Residences still count as a New Development in Wailea. 

The above photo shows Mokapu Beach in front of the Andaz Residences and the hotel. The property is located on Wailea Alanui Drive, right across the street from the single-family homes of Wailea Fairway Estates. Bordering in the south is Ulua Beach with the famous vacation complex Wailea Elua. To the north is Maluhia At Wailea, the resort's only oceanfront single family residences. Let me know if you would like a tour and are interested in real estate for sale in this area. Aloha from VW. 

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