Amenities: 2 Pools, 2 Hot Tub, 4 Tennis Courts with Pickleball, Basketball Hoop, Gym, BBQs, Cabana with Kitchen, Outdoor Shower, EV Charging Stations.
Short-term Vacation Renting: Allowed.
Developer: 3 x Oregon Corporations (little details known).
Makena Surf is a stunning gated community offering beachfront access and outstanding ocean views. Located besides the pristine white sands of Poolenalena Beach, this three-phase development is truly one-of-a-kind.
Phase 1, 1984: Buildings B, E, F & G.
Phase 2, 1989: Building C.
Phase 3, 1994: Building A.
Buildings B and E offer the most captivating unobstructed white sand beach views.
Units range from two-bedroom options measuring 1,040 sq ft to three-bedroom configurations reaching 1,680 sq ft with some units featuring a den. A few owners have combined units, reaching up to 2,700 sq ft in size.
Most units are single-level, while a select few offer a townhouse-style two-story layout with all residences boasting large, covered balconies or patios. Please note the complex is walk-up only, with no elevators.
The meticulously landscaped grounds feature stunning tropical flora and herb gardens. Additionally, on-site storage is provided for your land and water sports equipment - bikes, surfboards, kayaks, stand up paddle boards . The ocean surrounding Makena Surf teems with vibrant tropical fish. The rocky shoreline in front of some buildings has a popular snorkel spot for turtle watching dubbed Turtle Town.
Makena Surf is one of only two condos, in Makena, that allows short-term rentals, with a minimum stay requirement of five days per tenant. The Other condo is Polo Beach Club.
Over the past three years, there is 1 or more years with 0 condo sales in Makena Surf, which makes making a graph not very relevant. The graph above, therefore, represents all Wailea condo, which provides a larger dataset and greater statistical significance for drawing meaningful conclusions.
Wailea Market Summary (February '25 - January '26 vs February '24 - January '25)
Median Sales Price: $1,980,000 vs $2,412,250 — down 17.92%
Number of Sales: 76 vs 132 — down 42.42%
List-to-Sale Price Ratio: 94.31% vs 96.68% — down 2.45%
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.
