The Maui Banyan in south Kihei is one of Maui’s more popular vacation rental complexes. Situated across from the beautiful Kamaole Beach Parks, the complex is popular for its location and resort like amenities including pools, jacuzzis and tennis. Coldwell Banker Island Properties just listed a 1 bedroom/2 bath unit in the complex for $400,000. The condo is well maintained and will be sold turnkey ready for new owners. The lowest recent comparable sale in the complex was $450,000 with other recent sales ranging up to the low $500,000s. It is unlikely that this condo will last long at this price. This property sold! Contact the Maui Real Estate Team for assistance with other Maui Banyan Condos for Sale.
How Are Sellers Impacted by The Department of Justice and NAR Settlement?
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Last week, I blogged about the settlement between the National Association of Realtors (NAR) and the Department of Justice (DOJ) and how it impacts buyers.