Vacation Rentable And Turnkey 2-Bedroom Ocean View Wailea Condo For Sale

Written by VW • Volker Weiss on March 8, 2023

Blog > Wailea Condos

Grand Champions Villas #52 is a vacation rentable, two-bedroom Wailea condo with two full bathrooms. This floor plan has 1,056 square feet. There are ocean views from the lanai and from the master bedroom, plus, direct views of Maui’s dreamy winter-months sunsets. Unit #52 has been completely renovated and is offered turnkey, fully furnished and equipped. 

The Location

Grand Champions Villas #52 crowns an upper floor corner location in building six, high above the entry bridge to the complex. Because of the corner location, unit 52 offers two extra windows in the master bedroom, as well as in the second bedroom suite. The extra windows in the bedrooms are picturesque and framing the views of the lush tropical vegetation including mature palm trees. In addition, both of the full bathrooms have extra louvered windows in the shower stalls. Basically all of the rooms in this Wailea condo have windows. 

The owners are enjoying a pleasant and cooling cross breeze from the front to the back of the unit throughout the year. The partial covered lanai with it's ocean views, truly feels like a 'tree house' at times. It's surprisingly private up here. 

The Renovation

The Grand Champions Villas condominiums were built in 1990. The current owners bought unit #52 in late summer of 2012 and immediately started a complete top-to-bottom renovation. This Wailea condo was more or less gutted to the walls. I have not seen another renovation like this in this complex.

Today, Grand Champions 52 features an abundance of travertine tile throughout the entire unit. This includes the floors in the in the entry area, the kitchen, the lanai and the two bathrooms, as well as the floor-to-ceiling tiled shower stalls with two different shower towers. Both shower stalls have tempered glass walls and the second bedroom suite has a bathtub as well. There are exquisite designer-chosen tile inlays throughout, with beautiful backsplash tile work in the kitchen and both bathrooms.

Unit #52 features matching granite counter tops with under-mounted sinks and quality fixtures. The counter height has the modern, comfortable level instead of the previously older and much lower height. This renovation also included all new solid wood cabinetry with superior hardware, solid wooden doors with proper custom framing. All of the rooms were fitted with complementing baseboards. The cream-colored Berber carpet in the bedrooms and the living area perfectly blends with a tropical wave pattern.

The lanai sliding doors were installed reversed. This allows for better access and better usage of the living room and of the lanai. The full-size LG washer and dryer are brand new, while some of the other appliances were also replaced more recently. Most of the furnishings are Tommy Bahama designer quality. The living room has a quality and comfortable sofa bed.

The sellers used a professional interior designer to facilitate this renovation. The completely open and vaulted ceilings in the living and dining areas create an extremely spacious feeling. This combination certainly explains the many details and the overall atmosphere when visiting this unit. Grand Champions 52 is an extra-ordinary Wailea condo

Why Is Grand Champions 52 For Sale?

Of course, everyone always wants to know! Especially with such a perfect and custom renovation. Well, life changes! Adults have children. And children have kids. The family grew. And with everyone loving Maui, this Wailea condo simply became too small to accommodate the entire family. For a while, the sofa bed in the living room was sufficient. But even that time has passed by now.

This is not an easy sale for the sellers. Lots of family memories have been made here over the past 10+ years of ownership. It took a while to make the decision to sell, specially since we have not yet found a suitable replacement property on Maui. Hopefully this will change once we have a chance to add the sellers to the Wish List

Aside from some smaller personal items, nearly everything shown in the video and the listing photos are part of this sale. The inventory list includes a fully equipped kitchen, plus sufficient towels and linen sets for both of the suites. This Wailea condo comes turnkey and is ready for new owners, or, their possible renters. 

Rental Income Opportunity 

No matter how you put it, Maui real estate is mostly about the lifestyle. However, the income opportunity from a vacation rentable Wailea condo like Grand Champions #52, might make a purchase more attractive, simply in order to off-set some of the cost of ownership. The option to rent increases financial security when purchasing a Maui condo, specially since this will no longer be possible for upcoming new developments. 

Grand Champions 52 shows pride of ownership and has not been used as a vacation rental. At least not in this condition. A rental history is therefore not available. 

Coldwell Banker Island Vacations (CBIV) is a professional management company, operating parallel to Coldwell Banker Island Properties. CBIV would be very interested to add this Wailea condo to their portfolio. Here are their estimated revenue examples for different nightly rates and occupancy levels. 

How To Schedule A Showing For Grand Champions 52?

That's easy since it's not rented! The owners much prefer showings in the AM before noon, or, after 4:00PM. In my humble opinion, that's probably anyhow when this unit shows best! 

Written By VW • Volker Weiss


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