As one of the strongest value propositions in West Maui in years, Wailele Ridge has garnered significant interest by potential buyers. Located at the border of Napili and Kapalua, Wailele Ridge offers the convenience of being minutes away from some of the most recognized amenities on Maui - from world-class beaches, to top-rated beaches, to award-winning luxury resorts and much more - while still being comparatively affordable. The 158 condos will range in size from 1 bedroom, 2 bedroom, and 3 bedroom and offer a variety of floor plans, pricing is speculated to start in the mid $400Ks and go into the mid $900Ks, with pricing being reflective of the unit size, view corridors, and overall location within the complex.nbsp; Wailele Ridge Lottery - December 2nd With pent up demand since its announcement, interest in the property has been strong and we are pleased to announced that there will a selection lottery on December 2nd, open to owner-occupants and second home purchasers. There will be opportunities for investors at a latter time. nbsp;Keep in mind, this lottery is to set the selection order for the availablenbsp;units in Phase I, which consists of buildings 2, 3, 4, 5, 6, 17, and 18. nbsp;After the Public Report is approved, more information will be released including pricing - estimated timeframe for the release of this information is a moving target, contact us for specifics. AFTER the Public Report is made available, then selection will take place based on the order established throughnbsp;the lottery.nbsp; Lottery participants MUST submit substantiating documentation in order to be included - for those paying cash, a proof-of-funds, and for those financing the purchase, a pre-approval letter from a lender. Questions? Contact us below. The video above was taken by the Wailele Ridge team, at the site of where buildings 17 and 18 are set to be built. One of the most commanding view corridors in the Napili area. For those interested in participating in the general lottery, contact us by using the form below or call 808-385-5034.
This post first appeared on Maui Real Estate | For Sale: 907 Condos, 757 Homes, please read the originial post: here