Today is a big day! I first sold the Wailea home located on 195 East Ikea Kai Place in Wailea Kialoa in June of 2006. About a month later, the owners also closed on the adjacent vacant lot, 211 East Ikea Kai Place. The vacant lot turned into a fruit orchard and became a fabulous backyard for the children.
Now, almost 14 years later, both properties sold for $3,650,000.00 today. The same buyer bought the home for $2,650,000.00 and the vacant land for $1,000,000.00. Both parcels combined are nearly 20,000 square feet. This was an excellent opportunity. After such a long time, I am certainly going to miss this Wailea home. But it was time for my clients to move on.
Wailea Kialoa is a prestigious community located above The Palms At Wailea and Wailea Palms. This is one of nine gated communities within the Wailea Resort offering fee simple Wailea homes. There are very few vacant lots left and some of these homes are coming of age and will need renovations. If you are interested to learn more and would like to discuss options to purchase a home in Wailea, please contact me at your convenience at 808.280.6882.
Mahalo from VW.