Understanding Wailea Golf Membership

Understanding Wailea Golf Club Membership can be tricky. As projects were developed and plans were originally being set into place, different programs were approached and devised with the Wailea Community Association. Those qualifying for Wailea Golf Membership have no particular rhyme or reason why, it just “is what it is”.  Read below for a clarification on which properties qualify for Wailea Golf Membership or Owner Rates.

WAILEA PROPERTIES THAT QUALIFY FOR GOLF MEMBERSHIP:

Ekahi     |     Ekolu     |      Elua     |     Grand Champions Villas     |     Wailea Kai     |      Wailea Kialoa     |     The Palms at Wailea     |     Wailea Point     |     Wailea Fairway Estates     |     Wailea Golf Estates     |     Wailea Golf Vistas     |     Wailea Highlands

NOT ELIGIBLE FOR MEMBERSHIP, BUT QUALIFY FOR PROPERTY OWNER RATE:

Fairway Villas     |      Hoolei at The Grand Wailea     |     Papali Wailea      |      Wailea Pualani Estates

NOT ELIGIBLE FOR MEMBERSHIP OR PROPERTY OWNER RATE

Maluhia     |     Wailea Beach Villas     |     Kai Malu     |       Kanani Wailea

Check out these links for more information and applications on Wailea Golf Membership and benefits. For more details and to schedule a tee time, contact Wailea Golf at 808-875-7450.

Wailea Golf Membership Application 2018

Wailea Golf Property Owner App 2018


The Gold Course – Referred to as ‘ the thinking mans course”, this one is tougher requiring a more strategic approach. and less scenic than its neighboring comrades. At 7,078-yards and created by Robert Trent Jones Jr. this course received accolades from Golf  Digest, Golf Magazine, Conde Naste Traveler – just to name a few. Strategy and finesse are important to playing the Gold well, and the course’s intriguing risk-reward choices makes it possible to use every club in your bag.This par-3 beauty has golfers teeing off toward an unbeatable view of the ocean and little Molokini, a crescent shaped islet and one of Maui’s most popular snorkeling spots. Check out more details on the Wailea Gold Golf Course

 

The Emerald Course – At 6.825 yards, the Emerald Golf Course is the Wailea Blue courses immediate neighbor to the South. Enjoy picturesque over-the-top views for as far as the eye can see.  Carpet like fairways, tropical foliage and the fresh breezes ofHawaiian air. This course is known to be ideal for the recreational golfer, rather than the one vying for exact precision and difficulty. Golf for WomenMagazine has coined the Wailea Golf Club a Top Fairways Award for the country’s most women-friendly golf clubs, an honor that has been acknowledged seven times. With 4 to 6 per boxes on every hole, this course is no cakewalk and still geared to cater to any skill level.  Comments say that this course is “Challenging enough, certainly not punishing”.  More details on the Wailea Emerald Golf Course

The Blue Course is newly serving guests form the pro shop and its brand new location on Wailea Ike – adjacent Manoli’s Pizza Company – which is, by the way…  the perfect place for the 19th hole.  Meander through the relaxing fairways with outer-island views at the base of the 10,000 ft. dormant volcano, Mt. Haleakala.  Lovely tropical florals, a coral lake and classic coral sand bunkers slice up a game of strategy and competition for an avid golfer.  Lower winds than other courses on a good day, with scenic views from every holeThis Championship Course is Wailea and South Maui’s perennial favorite and probably the most popular. Check out the map of the Wailea Blue Golf Course


Clinics, tournaments, executive and corporate and fun and family play are always available.

This master planned 1500 acre Resort was thoughtfully designed for both full-time living and vacationers wanting a luxury lifestyle.  Whether you are a first-time buyer seeking a popular vacation rental investment, or wanting to purchase your quiet Maui retreat home, Wailea is a terrific place to park your money and watch it grow. With so much growth on Maui, it’s time for you to be a part of it.  Maui county was recently named one of the best places to own a home in Hawaii as posted by MauiNow.com 

If you’re considering an investment in the Hawaiian Islands, reach out. Let’s get your toes in the sand.

With aloha, Erica


Posted on May 21, 2019 at 4:02 am
Erica Haleakala | Posted in Maui, Maui Development, Maui golf, Maui Real Estate Reports | Tagged , , , , , , , , ,

Maui Real Estate Economic Update 2019

The following analysis of select Maui real estate markets is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me.

ECONOMIC OVERVIEW

Hawaii’s economy offered a mixed bag of growth in the fourth quarter of 2018. Employment declined 1.4% but the unemployment rate was a healthy 2.3%. Over the past year, the economy has shed 9,300 jobs, and annual job gains have been negative for the past three months.

On Maui, employment growth dropped 1.9% and was negative for the whole of the fourth quarter. That said, there are 78,600 persons employed and over 3,400 job openings on Maui. The unemployment rate was 2.3%, up from 1.7% a year ago. The market’s civilian workforce has been in decline since last summer, which may be artificially keeping the unemployment rate low. The contraction in employment during fourth quarter doesn’t overly concern me as it is likely just seasonal.

HOME SALES ACTIVITY

  • In the fourth quarter of 2018, 510 homes sold, a drop of 9.4% compared to the last quarter of 2017.
  • Two markets saw growth in sales over the same period a year ago. The Spreckelsville/Pala/Kuau market saw an impressive 25% increase in transactions and Wailuku/Kahului saw sales rise by 6.9%. There was a significant decline in sales in Wailea/Makena/Kihei.
  • The contraction in sales came as inventory levels dropped by 9.2%. It is possible that this is due to the 2018 volcanic eruption that occurred on the Big Island but, at this point, that is just speculation. I will be watching the data as we move through 2019 to see if this is the case or if there are other reasons for the slowdown.
  • Inventory growth slowed, and this lack of choice may be why we saw sales drop. That said, well- positioned and well-priced homes are still selling relatively quickly.

HOME PRICES

  • The average home price in the region rose 3.8% year-over-year to $866,107.
  • Affordability is an issue, but the drop in interest rates at the end of 2018 may stimulate buyers. I will be watching the numbers in the first and second quarters closely to see if we experience a turnaround in price growth.
  • Appreciation was strongest in the Wailea/Makena/Kihei market, where prices rose by 22.8%. Two areas saw prices rise between the fourth quarter of 2017 and the final quarter of 2018, and three markets saw average sale prices drop.

Because of affordability constraints in many Maui market areas, I anticipate we will see home prices continue to rise at fairly modest rates.DAYS ON MARKET

  • The average number of days it took to sell a home on Maui dropped 24 days compared to the final quarter of 2017.
  • The amount of time it took to sell a home fell in four markets with market time rising only in the Wailuku/Kahului area, but that increase was a modest six days.
  • In the fourth quarter of 2018, it took an average of 67 days to sell a home. The fastest moving market was in Wailuku / Kahului and the slowest was Lahaina / Kaanapali / Kapalua.
  • Even with the slowdown in home sales in fourth quarter, housing demand is still there, as the drop in market time demonstrates. I anticipate we will see more activity and rising sales as we move through 2019.

The speedometer reflects the state of the region’s real estate market using housing inventory, price gains, home sales, interest rates, and larger economic factors.

For the fourth quarter of 2018, I have placed the needle in favor of sellers, but the market may be approaching equilibrium. Although there was a drop in home sales and price growth was fairly modest, we saw a small decline in pending sales, which may limit closings in the first quarter of 2019. That said, I remain positive about the longer-term outlook for home prices and demand on Maui.

As Chief Economist for Windermere Real Estate, Matthew Gardner is responsible for analyzing and interpreting economic data and its impact on the real estate market on both a local and national level. Matthew has over 30 years of professional experience both in the U.S. and U.K.

In addition to his day-to-day responsibilities, Matthew sits on the Washington State Governor’s Council of Economic Advisors; chairs the Board of Trustees at the Washington Center for Real Estate Research at the University of Washington; and is an Advisory Board Member at the Runstad Center for Real Estate Studies at the University of Washington where he also lectures in real estate economics.


Posted on April 25, 2019 at 6:45 am
Erica Haleakala | Posted in Maui |

Wailea Realty Partners to Represent Mahana Estates Kapalua

 

new construction, maui builds

West Maui’s Newest Construction

Wailea Realty newly representing Maui’s newest building opportunity. Mahana Estates puts luxury at your fingertips with 51 homesites located across 125 acres in the world-renowned Kapalua Resort. Each of the residences enjoy sweeping views of Kapalua Bay, the West Maui mountains and the renowned Plantation Golf Course.

Overhead view from the lots at Mahana Estates

Located in a gated enclave, Mahana Estates is designed to enhance individual privacy while being just minutes from the sought after amenities of the Kapalua Resort.  Lots range from $1.2m – $1.9 million, from 148 sq.ft. elevation all the way up to 748 sq. ft. elevation and varying from 3/4 to 2 full acres of land.

Outer island views

Views are paramount, the palette is exquisite and the lifestyle is unbeaten.  Lot 1 is ready to go with a home already built on it and lot 2 is the next up on the roster at $8.7m. Recent reductions on the lots have this slated to be the most epic location for your dream home.

Contact me to discuss these terrific opportunities and how they can work for you. Details here.


Posted on April 16, 2019 at 1:39 am
Erica Haleakala | Posted in Maui |

The Kahului Airport Master Plan

The main runway at Kahului Airport would be extended by about 1,500 feet to 8,530 feet to accommodate fully loaded aircraft with direct reach to the Midwest, according to an update of the Kahului Airport Master Plan.

Kahului Airport

PC: Hawaii-Guide.com

The update of the state Department of Transportation master plan, forecasts needed improvements to the main airport on Maui through 2035, and was completed in December, following consultations with federal and state aviation and transportation officials, users of the airport and the public.

Prepared by R.M. Towill Corp., the plan lays the foundation for the preparation of a joint federal and state environmental impact statement for most of the first of three phases, which will take three years to prepare, according to state officials.

Other improvements cited in the plan, which would cost $3 billion to complete, include:

  • A much needed reconstruction of the current main runway 2-20, which is 6,995 feet
  • Planning for a new 7,000-foot-long runway, on the Haleakala side of helicopter, tour and other general aviation facilities
  • Expansion and improvements to the terminal.

The plan also calls for moving Shige Yamada’s “Maui Releasing the Sun” statue, situated in 1992 in the area next to the TSA security area, to the baggage claim area where a skylight is located.

Releasing the Sun – A Bronze Sculpture By: Shige Yamada

Lengthening the runway would mean the closure of the “back road” of Haleakala Highway between Hana Highway and Keolani Place. Past efforts by the Transportation Department to close the road, which is seen by many of us as an alternative route in case of an accident blocking Hana Highway, have faced opposition. The closure is projected in Phase 2, to be completed between 2022 and 2030.

Marvin Moniz, Maui District Airport Manager, said that he is working with transportation officials to keep the road open by building a tunnel. He’d like to save the road an keep it open. The winding road around the airport sits in the area of the main runway expansion and protection zone on the south side toward Hana Highway. The plan said that the 8,530 feet is the maximum runway length without having to redesign Hana Highway and to purchase more land, the plan said. Expanding to the north was not feasible because of “extensive land acquisition” required and the relocation of existing homes and the Kaunoa Senior Center.

The runway extension, projected to cost $96 million and built by 2021, would allow planes such as the Boeing 737-800 and 777-200 to take off at maximum weight for cities such as Chicago, Dallas and Denver, the plan said. Currently, those flights have to take off with reduced fuel that requires a stop in Honolulu to refuel before heading to the Mainland.

The main runway is in need of reconstruction, having been resurfaced five times since it was built in 1942. The last work involved an overlay project in 2006 at a cost of $3.4 million, the plan said.

The runway currently is safe but the constant resurfacing instead of rebuilding has led to cracks and joint deterioration over the years that are generating debris that could damage aircraft, the plan said. This potential danger has made reconstruction of the runway — with a 20-year lifespan — a priority of the state Transportation Department and the Federal Aviation Administration.

The projected cost for the runway reconstruction is $104.3 million.

While the reconstruction work is ongoing — which could last up to 16 weeks — an existing apron taxiway east of the main runway could serve as a temporary runway, the plan said. Closing the main runway without an alternative was not a viable option given the loss of $8.4 million a day to Maui’s economy.

There are no plans to extend the 4,990-long runway, which is mainly used by commuter airlines, the plan said.

Although beyond its scope, the plan recommends building a new 7,000-foot-long, 150-foot-wide parallel runway. The runway would be located 2,500 feet east of the main runway on the Hana Highway side of the helicopter and general aviation facilities. It would have the same operational capabilities as runway 2-20 and serve as an alternative should the main runway be taken out of service, the plan said.

The cost is projected at $768 million with acquisition of old Hawaiian Commercial & Sugar Co. cane land “an essential first step” for the runway, the plan said. The runway would be built beyond the 2035 scope of the plan.

The terminal will need to be expanded to accommodate the increased number of passengers near the 2035 end of the planning period. The number of passengers from the Mainland is expected to grow from 2.9 million to 3.6 million by 2035.

There currently are 13 aircraft parking positions — three for interisland and 10 for Mainland flights — in the terminal. The plan calls for leaving space on the south terminal area for expansion.

The larger north terminal has nine aircraft parking spaces and 22 departure gates. With the relocation of cargo and car rental facilities to the new consolidated rental car facility currently under construction, there could be space for an additional exit to the baggage claim area, additional passenger holding rooms and parking areas for planes.

North terminal expansion is constrained by the runway, relegating the area to aircraft parking and movement and airline operations, the plan said. New gates would be added to the south terminal.

The south terminal has four aircraft parking positions, six holding areas and 16 gates. The holding areas are nearly half the size of those in the north terminal and would be tripled in size by plans to build over an interior roadway and connect with the terminal building on the other side.

Some expansion work for the south terminal has been included in Gov. David Ige’s proposed biennium budget from July 1 to June 30, 2019. The governor has included $39 million in revenue bonds for hold room and gate improvements, said Transportation Department spokesman Tim Sakahara.

Moniz explained that the money would be used to enclose the open walkways in the south terminal to enlarge passenger-holding areas and restrooms, widen gate areas and create a retail concession area. Airport officials also are studying the addition of one more jet bridge.

As part of the larger expansion of the south terminal in the plan, air cargo and alien species inspection facilities will be relocated to lots on the south ramp.

The next step is to prepare a joint federal and state environmental impact statement prior to applying for construction permits. The EIS, which will include most of the plan’s Phase 1, will focus on the main runway expansion and reconstruction, improving taxiways for the temporary runway, installation of navigational aids and lights, taxiway realignment, expansion of south terminal hold rooms, relocating the Maui statue, closing a portion of Haleakala Highway, and adding 500 spaces to cellphone/employee parking lots.

The parking structure is near complete and we anxiously await the next phase. If this kind of growth doesn’t speak volumes for Maui’s development as a whole, I don’t know what will. It’s coming folks, and it’s an excellent time to be living and investing on Maui.

If you’re curious, reach out, let’s talk.

Aloha, Erica

 

Article Credit:  Maui News


Posted on September 5, 2018 at 11:32 pm
Erica Haleakala | Posted in Maui, Maui Airport, Maui Development | Tagged , , , , , , , , ,

What can $650,000 Buy You in Real Estate on Maui

“A quick synopsis of the market in one of the hottest US investment and tropical destination locations. You’d be surprised at how affordable Buying on Maui can be. “

Year round sunsets and perfect weather, and a quality of life that is unsurpassable. I encourage you to ask questions, poke around and discover what a smart investment in the Hawaiian Islands can do for your financial portfolio and your peace of mind. Vacation rentals are what makes Maui appealing to the investors palette. Year round sun, means year round vacations. Purchase a family legacy to return to and build memories while generating a passive income stream at the same time.

The Short Term Rental market starts at 400k and the sky is the limit for Maui’s most luxurious oceanfront developments. There are all kind of options for both South and West side locations at this price point. This week, my favorite opportunity is a 3 bedroom, 2 bathroom short term rental in Koa Resort, across the street from sandy beaches in Kihei, South Maui. This spacious unit has a functional floorpan in a low density and lush garden ambiance. Development amenities include tennis, pool, jacuzzi, and sauna. Smart investment recently listed at 629k.

Absolute oceanfront from this 1 bedroom, 1 bathroom short term vacation rental at Sugar Beach Resort. A clean and bright unit with granite in kitchen and bath. Year round sunsets and whale watching in the winters from this make this short term rental an absolute no-brainer – it will rent like clock work year-round. If this one sparks interest, act fast. Oceanfront at this price point doesn’t last long. Just listed at 699k.

A charming fixer with good bones and a great floor plan in Maui’s Makawao Ranch Acres. This home has a large lanai with 3 bedrooms and 3 baths and 1900 sq. ft. of living space. Tucked on the hillsides of majestic Haleakala Crater for cooler climates and fresh trade wind breezes. Enjoy brisk weekend mornings at the Kula farmers market, and be conveniently located near Maui’s most coveted private schools. This spacious 12,000 sq. foot lot is a smart investment and provides enough room to settle in and settle down in a charming upcountry location. Newly listed at 665k.

A 14,500 square foot vacant lot ready to build. Wonderfully located cross the street from multi-million dollar homes and the most epic sandy beaches. Halama Street is known for it’s oceanfront estates and extreme accessibility. Stand-up paddle, fish and enjoy year round sunsets in a highly desired South Maui location. At approx 1/3 acre and zoned R-3, this flat, rectangular 142’ X 101’ lot is in a new subdivision. Water meters, road improvements, curbs and walks are all in and ready. Bring your imagination and lets put paradise in your portfolio.

“World-class beaches, dining and golf are right at your fingertips.”

If you’ve thought of making an investment in a place of rapid growth and endless appeal, I’d love to talk to you about the best opportunities available on Maui. I’m happy to share all about my relocation from Los Angeles in my early 30’s – and how amazing it feels to never look back. The priorities shift when buying on Maui – you start to feel and share the aloha.


Posted on August 4, 2018 at 12:54 am
Erica Haleakala | Posted in Oceanfront, Short Term Rentals | Tagged , , , , , , ,

Wailea Condos That Allow Pets

Furry friends belong in paradise too! Ever wonder which luxury developments in South Maui allow pets?  Take a look at these popular Wailea developments when considering where to purchase a home in South Maui that your pet can enjoy too!

Kai Malu – This is an excellent option for someone looking for more space and to spread out. 150 2-story units total, some with a downstairs master. These sophisticated townhouse style units are built in 2007, with fresh spaces and high ceilings. A refined complex with infinity pool, and pavilion perfet for entertaining and well situated on 25 hillside acres of golf course. You’ll notice many full-time residents in this community, as no short-term rentals are allowed.

Kanani Wailea  – built in 2007, 38 home sites on 8 hillside acres. The lowest priced large footprint condominiums in all of Wailea. Over 2000 sq.  ft. and starting in the low million range, these have high end finishes and are about half way down the hill so you still catch views and backlit sunsets. A great option for someone who wants the space but not the yard maintenance. No short term rentals are allowed in this gated development.

Keala o Wailea – Built in 2017, there are 69 brand new 2 and 3 bedroom units perched on the hillside just as you come into Wailea. This well thought out development was affordable with pricesstating at 819k, and they were 95% sold when they released the first set of keys last month. New construction is catching a lot of attention in South Maui, and there are 2 left in this location. No vacation rentals allowed.

Makali’i at Wailea – Just breaking ground and already 65% sold, these 68 luxury modern 2-3 bedroom townhouses are starting in the 1.3 range. The team at Armstrong has promised us a “view above the treetops”, and a product much more modern and contemporary than Wailea has ever seen before – think “Andaz”. It’ll be exciting to see what the finished product is like and what kind of owners end up residing there as this one is for long term residents only.

Polo Beach Club – Absolute supreme South Maui complex next door to the famed Fairmont Kea Lani hotel.  Built in 1982, this is a 71-unit high rise is on 2.5 acres of the most pristine sandy beachfront. Enjoy an active lifestyle with regular beach walks and picturesque sunsets from your lanai.  Well performing short term rentals are generated from this one-of-a-kind location.

Ekahi  – From studios, to 2 bedroom townhouse style units, this large development of 294 units graced Maui in 1976. Well located on 34 acres with easy access to the beach, world-class resorts and golf. A great option for one looking for passive income or possibly a place to return to year after year with minimal maintenance.

Ekolu – Known for excellent location and affordability, these 146 units span from small studios to large 2 bedrooms with garden and ocean views. Built in 1979 and on 18 hillside acres of golf course, this is a very desirable place to spend an island vacation, as evidenced by the popularity of short term rentals found here.

Elua – Known for ample sized footprints, some units with independent garages, the easy beach access, and extraordinary views. These 152 larger scale units were built in 1977, and provide easy access to beach walks and activities on 24 acres of South Maui beachfront. Luxury vacation rentals are allowed in this complex.

Wailea Fairway Villas – Newer development built on the top of the hill in 1998 with 118 townhouse style units on 12 acres of golf greens. Higher ceilings and lofts make this a comfortable place for long term living. Stable neighbors with no short-term rentals allowed. These are a great “lock and leave” investment in Wailea.

Wailea Palms – 120 units and 16 2 story units, known as phase 2 of the development allows pets but does not allow short term rentals. Concrete construction keeps the units cool and they’re just a short stroll to Keawakapu beach. Another terrific option for the long-term resident looking to be central.

– The ultimate in South Maui luxury. These front row, high end luxury condominiums are awesome for someone who wants the best in everything. Large floorplans, wide open spaces, and private lanais are what you can expect from these units. Panoramic views from some, reach out and touch the ocean from others… these 130 units are on 28 acres of oceanfront, directly on the beach path in a complex full of amenities for only the most exclusive buyers.

If you’re interested in honing in on the development that is right for you, reach out.

Let’s talk. Aloha, Erica


Posted on March 15, 2018 at 2:20 am
Erica Haleakala | Posted in Uncategorized |

Oceanfront Luxury Rentals at The Mana Kai

 

Absolute oceanfront location in one of the most desirable beach locations in South Maui. The Mana Kai building is like something out of a daydream. Surf, stand-up, and basque in the sun, right in your backyard. Enjoy a sunset stroll on the soft sand and finish it off with fine dining on the beach. This short-term rental opportunity is unlike any other. Seldom having vacancies during the popular months, this investment is almost a no-brainer and an escape away from reality.

There is no better time to start thinking about your retirement.

 

 

 

 

 

 

 

 

 

 

 

 

 

Newly available, unit 707 has remarkable finishes and epic views.

  • 2 bedrooms, 2 bathrooms
  • Panoramic outer island and majestic Haleakala views
  • Highly desirable sandy beachfront location
  • Extremely successful vacation rental

Check out the full listing here.

 

 

 

 

 

 

 

 

 

 

 

 

There is no better place to eat, sleep and play than South Maui. Appreciate all of the hard work you’ve taken to get here.

If you are interested in a vacation rental on Maui, reach out. It’s amazing to see the potential that a revolving asset can do for you.

I’d love to show you the best opportunities available.

With Aloha,


Posted on December 14, 2017 at 12:14 am
Erica Haleakala | Posted in Fine Dining, Oceanfront, Short Term Rentals | Tagged , , , , , , , , , , , ,