South Maui real estate includes all condos, homes and land in Kihei. The south Maui zip code is HI 96753. The Wailea Resort as well as any location in Makena are physically located in Kihei. Wailea and Makena have grown tremendously over the past 20 years and truly became famous on their own accord. Real estate values dramatically increase the further you get south and the closer you get to the oceanfront.
The southern resort areas of Kihei, Wailea and Makena offers the largest and most diverse collection of vacation rental condominiums as well as residential condo living options. Square foot prices seem irrelevant. Values are measured by location and ocean views, beachfront or oceanfront. Following the shoreline going south, South Maui condo prices increase in value and are sometimes hard to understand. South Maui condo development started in the 1970s and some complexes are irreplaceable.
Matching the diverse condo collection, south Maui homes in Kihei, Wailea and Makena are following a similar valuation, dramatically increasing in value from north to south. There are south Maui homes selling far below the million-dollar mark, while there are also sales on record in excess of well over $20 million US dollars. In 2015, a Makena home sold for over $40 million US dollars as the highest sale in the state of Hawaii at the time. Particularly in Makena, the sky seems to be the limit.
It is believed by many, that the resort areas of Kihei, Wailea and Makena are the main reason why Maui is being voted as 'The best island in the world' year after year. Vacant land is getting sparse in south Maui, making it even more valuable in nearly any location. Individual buildable lots are usually getting larger when moving from north to south, from Kihei towards Makena. There are very few larger parcels left. Other then the Makena Golf & Beach Club, South Maui is no longer a place for large-scale developments.