Lot #24 of Wailea Highlands has the street address 4385 Melianani Place and shows as one of the New Listings in the Maui MLS today. With 22773 square feet, just over half an acre, this Wailea Vacant Land is listed for $1,550,000.00. As you can see on the Wailea Highlands aerial photo above, it is located to the immediate right of the entry gate to the community. This is a steep building location, offering unobstructed ocean views over the entry road to Wailea Highlands.
Wailea Highlands is a very-well established gated community with only 24 lots, located below the completely remodeled Hotel Wailea, at the south end of the Wailea Resort. Lot #1, 4390 Melianani Place, sold for $1,225,000.00 in May of 2013. Construction is well on the way, the frame and the roof are in place. In December of 2014, lot #20, 4355 Melianani Place, sold for $1,550,000.00. Please see the Sales Report for Wailea & Makena Vacant Land for further details.
Finished homes in Wailea Highlands have been sold for well over $5,000,000.00. Location, lot size and building quality are mostly superior to other homes in Wailea. Besides Wailea Golf Estates, Wailea Highlands is often mentioned as the #1 single family neighborhood with the master-planed resort community. There are currently three homes listed for sale in Wailea Highlands. All of them are priced above this mark!
If you are comparing lot #24 of Wailea Highlands to other Wailea Vacant Land, you will sooner or later end up at the Ridge At Wailea. These are nine lots, just up the street, on the mountain side of Wailea Fairway Villas. The Ridge At Wailea is a New Development and only lot #2 has been sold. Please contact me for further explanations and a possible tour. Mahalo from VW.