81-2 Makakehau St, Unit 81-2 (h2), Wailea/Makena, 96753

Residential - Condominium For Sale in Ho'olei

$5,200,000

3Beds
Baths
2,426Sqft
30.17Acres
1Garages
2007Built
25DOM
MLS® #: 405484
Active, 25 Days on Market

Are you searching for a luxury resort community home with effortless access to world-class hotels, shopping, dining, golf courses, and pristine beaches? Look no further. This luxurious ocean-view villa in the prestigious Ho’olei community offers the perfect blend of resort-style living and modern convenience. Featuring three bedrooms and three and a half bathrooms, this stunning home boasts 2,426 square feet of elegantly designed living space, complemented by 596 square feet of covered lanais across two levels. Each bedroom includes an ensuite bathroom for added privacy and comfort, while the villa’s private elevator, finely appointed interior finishes, attached garage, covered carport, and outdoor storage closet ensure convenience and functionality. The upper-level lanai is designed for entertaining, equipped with a Wolf 36" grill, a Sub-Zero under-counter refrigerator, and custom cabinetry. Floor-to-ceiling sliding glass doors and screen doors retract into hidden pockets, seamlessly blending indoor and outdoor living, allowing the tropical beauty of Maui to become part of your everyday experience. The villa is offered fully furnished, including all housewares and linens, making it a true turn-key investment. This property is hotel-zoned, offering flexibility as a short-term vacation rental, a private family retreat, or a combination of both. The current owner has successfully marketed the villa as a short-term rental since 2007, accumulating over 100 five-star reviews. With a well-established rental history, the owner is willing to continue marketing the property for a new buyer or assist in transitioning to new management. Upon acceptance of a valid offer, up to 12 years of historical financial data will be provided, making this an attractive investment opportunity. Situated within the gated Ho’olei community, this villa enjoys a prime location directly above the tropical pool, fitness center, and main concierge area. This vantage point allows residents and guests to enjoy views of the beautifully landscaped pool while maintaining unobstructed ocean vistas free from the rooftops of surrounding buildings. The 19-foot waterfall, elegant lighting, and lush tropical surroundings enhance the resort-like ambiance while providing privacy and soothing sounds. The Ho’olei recreation area is a highlight of the community, featuring a lagoon-style pool with cascading waterfalls, grottos, and a sandy beach entry perfect for young children. Additional amenities include an outdoor kitchen and covered pavilion, two hot tubs, a massage cabana, and a fully equipped air-conditioned fitness center with a sauna, locker rooms, and shower facilities. This villa is equipped with high-end features such as a brand-new Bosch air conditioning system, a Navian tankless water heater, and premium appliances from Sub-Zero, Wolf, Thermador, and Bosch. The interior showcases Walker Zanger stone floors, custom Italian cabinetry, granite countertops, a whole-house music system, a deep soaking tub with a waterfall fill feature, and a dedicated laundry room with a washer, dryer, and utility sink. Residents also benefit from 24-hour community security, ensuring peace of mind. Located just a short walk across the street from Wailea Beach, one of the most beautiful beaches on Maui and ranked among the world’s best destination beaches, this villa provides unparalleled access to the finest in island living. Whether you're seeking an exceptional vacation home, a lucrative investment property, or the two, this Ho’olei villa presents an extraordinary opportunity to own a piece of paradise.

Essential Information

MLS® #: 405484
Price: $5,200,000
Bedrooms: 3
Bathrooms: 3.50
Square Footage: 2,426
Acres: 30.17
Year Built: 2007
Type: Residential
Sub-Type: Condominium
Land Tenure: Fee Simple
Status: Active

Community Information

Address: 81-2 Makakehau St, Unit 81-2 (h2)
Area: Wailea/Makena
Subdivision: Ho'olei
Building Name: Hoolei
City: Wailea/Makena
State: HI
Zip Code: 96753

Amenities

# of Garages: 1
View: Ocean
Waterfront: Across Street from Ocean

Additional Information

Listed By: Waiola Realty
Date Listed: March 12th, 2025
Days on Market: 25
Zoning: Hotel District
HOA Fees: 686
HOA Fees Freq.: Annually
Monthly Maintenance Fees: $2617.00
Division: 2
Zone: 2
Section: 1
Plat: 008

Listing Details

Office Contact: Cell: 619-302-5435

Financials

$/SqFt: $2,143

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