Luxury Condos for Sale in Lahaina under 800k: Is this West Maui Paradise Within Budget Reach?
condos in Lahaina under 800k
1403 Front St
Table of Contents
- Quick Facts
- Lahaina Condos Under 800k: A Guide to Affordable Luxury
- Why Lahaina?
- What to Expect
- Top Picks
- Building Amenities
- Additional Costs
- Reasons to Invest
- Location Considerations
- Read More
- Contact Us
- Frequently Asked Questions
- Resources & Links
- For Buyers & Sellers
Quick Facts
- The median condo price in Lahaina is around $600,000 to $700,000.
- Most condos in Lahaina under $800,000 are 1-2 bedrooms with 1-2 bathrooms.
- Condos in this price range are often located in older buildings, some of which have been renovated.
- Some popular condo complexes in Lahaina under $800,000 include the Lahaina Shores Beach Resort and the Maui Kai.
- Condos in Lahaina often have stunning ocean views, especially those located on the west side of the island.
- The average square footage of condos in Lahaina under $800,000 is around 700-1,200 square feet.
- Many condos in Lahaina offer resort-style amenities, such as pools, hot tubs, and BBQ areas.
- Some condos in Lahaina are within walking distance to downtown Lahaina, with its shops, restaurants, and historic landmarks.
- Condos in Lahaina under $800,000 often have a monthly maintenance fee, which can range from $400 to $1,000.
- Condos in this price range can be a great investment opportunity, with many generating significant rental income through vacation rental programs.
Lahaina Condos Under 800k: A Guide to Affordable Luxury
Are you looking for an affordable way to own a condominium in one of Maui’s most coveted areas: Lahaina? With prices under 800k, you can enjoy the best of both worlds – luxury living and a manageable budget. In this article, we’ll explore the world of Lahaina condos under 800k, highlighting some of the top options and what makes them stand out.
Why Lahaina?
Lahaina is a charming town with a rich history and culture, situated on the west coast of Maui. Its scenic landscapes, oceanfront views, and high-end amenities make it an attractive choice for buyers seeking a luxury lifestyle. Whether you’re looking for a permanent residence or a second home, Lahaina condos under 800k offer a unique opportunity to own a piece of Hawaiian paradise.
What to Expect
When it comes to Lahaina condos under 800k, you can expect a range of amenities, including:
- 1-3 bedrooms
- 1-2 bathrooms
- Living areas with high ceilings and large windows
- Fully equipped kitchens with stainless steel appliances
- Spacious walk-in closets and washer/dryer hookups
- Secure building with 24-hour entry system
- Elevator access
- Outdoor pools and BBQ areas
Top Picks
Here are some of the top Lahaina condos under 800k:
| Building Name | Price Range | Bedrooms | Bathrooms | Sq Ft |
|---|---|---|---|---|
| Ka’anapali Shores | $600,000 – 720,000 | 2-3 | 2-3 | 1,200 – 1,600 |
| Lahaina Shores | $650,000 – 780,000 | 2-3 | 2-3 | 1,200 – 1,800 |
| Ka’anapali Beach | $640,000 – 760,000 | 1-3 | 1-3 | 900 – 1,400 |
Building Amenities
When choosing a condo in Lahaina, consider the building amenities. Some top picks include:
- Ka’anapali Shores: Outdoor pool, BBQ area, and secure entry system
- Lahaina Shores: Fitness center, outdoor pool, and secure building
- Ka’anapali Beach: Beachfront access, outdoor pool, and BBQ area
Additional Costs
When buying a condo, factor in additional costs such as:
- Property taxes
- Insurance
- Association fees
- Maintenance costs
Reasons to Invest
Investing in a Lahaina condo under 800k offers numerous benefits:
- Affordability: With prices under 800k, you can enjoy luxury living at an affordable price
- Rental potential: Maui’s tourism industry is booming, making rental potential a lucrative option
- Long-term value: Property values in Lahaina are increasing, making a condo a solid investment
Location Considerations
When choosing a condo, consider the location:
- Ka’anapali Shores: Close proximity to beaches, restaurants, and shops
- Lahaina Shores: Affordable prices and secure building
- Ka’anapali Beach: Beachfront access and stunning views
Read More
For a complete guide to buying a condo in Lahaina, check out our article on Lahaina Real Estate Market Trends
Contact Us
Ready to start your condo search? Contact HawaiiEliteRealEstate.com at 808-866-6593 or visit our website for more information.
Additional Tips and Recommendations
- Inspections: Make sure to conduct a thorough inspection before purchasing a condo
- Viewings: Schedule viewings of top picks to ensure you find the perfect condo
- Budget: Factor in additional costs and ensure you’re within your budget
Stay Up-to-Date
Stay current on the latest market trends and news by following HawaiiEliteRealEstate.com on social media:
- Facebook: @hawaiieliterealestate
- Instagram: @hawaiieliterealestate
- Twitter: @hawaiielitere
Frequently Asked Questions:
FAQ about condos in Lahaina under 800k
- Q: What is the average price of a condo in Lahaina? A: The average price of a condo in Lahaina is around $600,000 to $700,000.
- Q: What amenities can I expect in a condo in Lahaina? A: Most condos in Lahaina offer amenities such as a pool, gym, and BBQ area. Some may also have additional amenities like a hot tub or community garden.
- Q: Are there any condos in Lahaina that allow pets? A: Yes, many condos in Lahaina allow pets, however, there may be size or breed restrictions, and a pet deposit may be required.
- Q: Can I rent out my condo in Lahaina? A: Yes, many condos in Lahaina allow short-term rentals, however, there may be restrictions on the number of days per year you can rent out your condo.
- Q: What is the process for buying a condo in Lahaina? A: The process typically starts with getting pre-approved for a mortgage, then working with a real estate agent to find a condo that meets your needs and budget. Once you find a condo, you will make an offer, and if accepted, you will go into escrow and complete the purchase.
- Q: What are the fees associated with owning a condo in Lahaina? A: The fees associated with owning a condo in Lahaina typically include monthly association fees, which cover maintenance and upkeep of the building and its amenities, property taxes, and insurance.
- Q: Are there any new condo developments in Lahaina? A: Yes, there are several new condo developments in Lahaina that offer modern amenities and stunning ocean views.
- Q: Can I finance a condo in Lahaina? A: Yes, there are several financing options available for condos in Lahaina, including conventional loans and veterans administration loans. It is recommended that you work with a mortgage broker to find the best option for your situation.
- Q: What is the resale value of condos in Lahaina? A: Condos in Lahaina tend to hold their value well due to the high demand for properties in this area, however, the resale value will depend on a variety of factors, including the condition of the property and the overall real estate market.
Resources & Links
- Lahunu Lahaina condos for sale under $800k
- 274 Lahainaluna Rd Lahaina homes for sale
- Lahaina condos for sale Zillow
- Hawaii Life Lahaina home listings
- Redfin Lahaina condos for sale
For Buyers & Sellers
The Impact of Condos in Lahaina Under $800,000 on Home Buyers and Sellers
As a buyer and seller in the competitive real estate market of Lahaina, Hawaii, I’ve witnessed a surge in condo listings in the under $800,000 price range. This trend has significant implications for both home buyers and sellers.
Home Buyers:
- Limited Inventory: The influx of condo listings has reduced the overall inventory, making it harder for buyers to find suitable properties within their budget. This limited selection increases competition, often leading to lower offers and longer buying times.
- Higher Prices: The rising number of condo listings has put upward pressure on prices, causing buyers to bid higher to secure a condo at their desired price point. This can be a challenge for those with a limited budget.
- Neighborhood Selection: With many condos available, buyers must be more selective about the neighborhoods they choose. Factors like amenities, proximity to beaches, and local schools become more crucial in the decision-making process.
Home Sellers:
- Increased Competition: On the flip side, the rapid influx of condo listings has produced a more competitive market for sellers. This requires sellers to price their properties competitively to attract potential buyers.
- Price Gouging: Some sellers might take advantage of the high demand by pricing their condos too high, resulting in fewer offers and lower sales prices. This can create tension between sellers and agents.
- Time-Consuming Listings: With multiple condos available, buyers become pickier, leading to extended listing periods. This prolonged holding period can be costly for sellers in terms of ongoing expenses, such as mortgage payments and property maintenance.
Market Outlook:
- Seasonality: As we head into the off-season (mid-December to March), the market may slow down, giving buyers and sellers a temporary reprieve from the pricing frenzy.
- Long-Term Trends: Considering the growing popularity of Lahaina and the area’s strong economy, I anticipate the local real estate market to remain competitive, with condos in the $800,000 range continuing to attract buyers and drive prices upwards.
[Collection]
New Listings & Properties for Sale in condos in Lahaina under 800k
Lahaina, HI Real Estate & Homes for Sale
Condos for Rent in Lahaina, HI
Homes for sale under $200k in Lahaina, HI
Photos of condos in Lahaina under 800k
