Wailea Elua Village
3600 Wailea Alanui Dr, Wailea, HI 96753
Wailea Elua sits right on Ulua Beach, one of the most popular snorkel spots on this stretch of coast, and the ownership numbers tell you exactly what kind of community it is: only about one in a hundred units is owner-occupied. This runs almost entirely as a vacation and investment property rather than a neighborhood of full-time residents, and the amenities reflect that resort orientation. Built out in two phases, 1977 and 1981, it holds 153 homes across 24 low-rise buildings on nearly 24 acres, between Wailea Ekahi and the Fairmont Kea Lani.
For buyers, that near-total investor ownership cuts both ways. Rental performance and occupancy patterns are easier to gauge since almost every neighbor is renting too, and the association runs the property with vacation guests in mind. But it also means Elua trades more like a hospitality asset than a typical residential purchase, so financing, insurance, and expectations should be set accordingly.
The short version
- ✦Fronts Ulua Beach, one of South Maui's best snorkel spots
- ✦153 homes in 24 low-rise buildings across nearly 24 acres
- ✦About 99% investor or vacation-home owned, essentially a full-time resort community
- ✦Pool, hot tub, tennis court, and a putting green on site
- ✦Sits between Wailea Ekahi and the Fairmont Kea Lani
By the numbers
- Year built
- 1977
- Total units
- 153
- Buildings
- 24 (2-story)
- Acreage
- 23.98 acres
- Zoning
- Hotel (H1)
- Floor plans
- 1 BR, 2 BR, 3 BR
- Unit size
- 891 to 1,749 sq ft
- Owner-occupied
- 1%
- Pets
- Pet-friendly (confirm current house rules)
Short-term rental status
Unlike many older Wailea complexes, Wailea Elua is not apartment-zoned and does not appear on the county's Minatoya list. Maui County's own short-term rental records show Elua zoned H1 (Hotel), which is why short-term rental is allowed here directly under the zoning rather than through the apartment-district exception that Bill 9 is phasing out. That means Elua is not targeted by the January 2031 apartment-district deadline the way complexes like Wailea Ekahi are. Zoning can still change and every rule has exceptions, so it is worth a quick confirmation with Diane, but Elua's rental future looks considerably more stable than many of its Wailea neighbors.
Rules are actively changing as of 2026. Contact Diane for the current status of a specific unit.
On the grounds
Layouts
One bedroom
1 bd · 1 ba
Two bedroom
2 bd · 2 ba
Three bedroom
3 bd · 3 ba
Where it sits
Wailea Elua Village is highlighted below among its Wailea & Makena neighbors, with a small inset showing where Wailea & Makena sits on Maui overall.
Illustrative map, based on real Maui coastline data.
Questions buyers ask
Where is Wailea Elua located?
Wailea Elua fronts Ulua Beach in Wailea, between Wailea Ekahi to the north and the Fairmont Kea Lani area to the south, an easy walk to The Shops at Wailea.
How big is Wailea Elua and when was it built?
Wailea Elua was built in two phases, 1977 and 1981, and holds 153 homes across 24 low-rise buildings on almost 24 acres.
Is Wailea Elua more of an investment property than a residence?
Very much so. Only about 1% of units are owner-occupied, so the community runs almost entirely as vacation homes and rentals rather than a neighborhood of full-time residents. That is worth factoring into financing and expectations.
Can you short-term rent a condo at Wailea Elua?
Yes, and Elua's rental future looks more stable than many of its Wailea neighbors. Unlike the apartment-zoned Minatoya condos facing Maui's Bill 9 phase-out, county records show Elua zoned H1 (Hotel), so short-term rental here is allowed directly under the zoning rather than through the apartment-district exception. That means Elua is not targeted by the January 2031 apartment-district deadline the way complexes like Wailea Ekahi are. Zoning can still change, so it's worth a quick confirmation with Diane, but this is good news given that about 99% of Elua's units are owned by investors or vacation-home buyers.
Current listings at Wailea Elua Village
Live MLS search, pre-filtered to Wailea Elua Village. Press Search inside the box to see current listings.