Wailea Point 402 Sells for $16 Million, Setting a Maui Condo Record

Dec 29, 2021Maui Real Estate News

Maui Real Estate Advisors is proud to announce the $16 million sale of Wailea Point 402, setting a new record for the highest-priced condominium sale ever on Maui.

Robbie Dein and Ken Hayo of Maui Real Estate Advisors represented this landmark transaction at Wailea Point, one of Wailea’s premier oceanfront residential communities.

The sale represents an extraordinary result for an extraordinary property and marks another milestone in Robbie and Ken’s decades of experience representing Maui real estate buyers and sellers.

A Record-Setting $16 Million Maui Condominium Sale

At $16 million, Wailea Point 402 set a new benchmark as Maui’s highest-priced condominium sale ever at the time of closing.

The transaction capped an exceptional year for Maui Real Estate Advisors. Robbie and Ken closed $137 million in sales on behalf of their clients in 2021, while their career sales volume had surpassed $750 million.

For our team, however, the significance of the sale extends beyond the record itself. It reflects the trust clients place in us to represent exceptional Maui properties and guide important real estate decisions.

What Made Wailea Point 402 Exceptional?

Wailea Point 402 occupies what our team described at the time of the sale as “The Premier Location On The Point at Wailea Point.” The residence was originally the developer’s unit and had been offered for sale only once previously since 1986.

The residence offered:

  • 4 bedrooms
  • 4.5 bathrooms
  • 4,544 square feet of living area
  • A premier location on the Point at Wailea Point
  • A remarkably limited ownership and sales history

Its position along Wailea Point’s oceanfront provided the kind of setting that makes certain residences within the community especially difficult to replicate.

Experience Behind the Sale of Wailea Point 402

A transaction of this significance requires more than exposure.

Robbie Dein and Ken Hayo brought more than 50 years of combined historical Maui market knowledge, extensive contract and negotiating experience, and more than $750 million in closed sales on behalf of their clients.

Their approach has always centered on providing diligent, professional representation while helping clients navigate the personal and financial decisions that accompany buying and selling Maui real estate.

That philosophy helped make 2021 a remarkable year for the team, culminating in $137 million in closed sales and the record-setting sale of Wailea Point 402.

A Landmark Sale at Wailea Point

Wailea Point 402 is the kind of property that rarely becomes available.

Its history as the developer’s unit, premier location on the Point, substantial 4,544-square-foot floor plan and limited history of being offered for sale made the residence particularly distinctive within the Wailea Point community.

Its $16 million sale demonstrates what can be achieved when an exceptional property is paired with experienced representation, strategic positioning and a deep understanding of Maui’s luxury real estate market.

For Robbie and Ken, it has been an honor to represent the clients behind this historic transaction.

Who Represented the Sale of Wailea Point 402?

Robbie Dein and Ken Hayo of Maui Real Estate Advisors represented the $16 million sale of Wailea Point 402.

At the time of the transaction, Robbie and Ken had more than 50 years of combined Maui real estate experience and more than $750 million in closed sales. In 2021 alone, they closed $137 million in transactions on behalf of their clients.

Their experience encompasses Maui’s luxury real estate market, including Wailea and Wailea Point.

Considering Buying or Selling at Wailea Point?

Properties within Wailea Point are not interchangeable. Location within the community, floor plan, views, privacy, condition and other property-specific characteristics can have a significant impact on value.

If you are considering buying or selling at Wailea Point, Robbie and Ken welcome the opportunity to share their market knowledge and provide professional guidance based on your individual real estate goals.

At Maui Real Estate Advisors, our goal is not simply to complete a transaction. It is to provide the level of representation that earns clients for life.

2026 Update: A Record That Still Stands at Wailea Point

More than four years after its closing, the $16 million sale of Wailea Point 402 remains the highest recorded sale at Wailea Point and stands as the second-highest MLS condominium sale in Maui history.

Since that landmark transaction, Maui Real Estate Advisors has continued representing significant sales within the Wailea Point community. In 2025, Robbie Dein and Ken Hayo represented the sellers in the $12.6 million sale of Wailea Point 101.

Most recently, our team represented the seller of Wailea Point 1103, which sold for $6.95 million after going under contract in just 31 days.

Together, these sales reflect our team’s longstanding experience at Wailea Point and our continued involvement in some of the community’s most significant transactions.

Explore Wailea Point Today
Much has changed in the Wailea Point market since this landmark 2021 sale. For current residences for sale, recent transactions, community amenities, and our latest perspective on the market, explore our Wailea Point community and real estate guide.

With Aloha,

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