Location can't really be beat for the price. Aside from paying double per night for a beach side hotel room, there is no better place to stay in Wailea. From the Grand Champion Villas you are within a 5 minute drive of gorgeous beaches, excellent cafes and restaurants and a fantastic beach walk.
That having been said, there are a few things that keep this particular unit from being 5 star. First off, the shower in the guest room was not clean and had a large clump of hair in the drain when we checked in. The air conditioning wasn't exactly strong and made a very loud noise when it cycled on and off every ten minutes, making it difficult to sleep at night or relax on the lanai when others were inside using it. Next, the internet stopped working on day 4 of our 6 day stay and was never restored. We tried calling the property management company once for another issue and were put on perpetual hold. The instructions for the unit were very impersonal, without specifics for the unit we were staying at (e.g. tv remote instructions were not accurate and there was no mention of the specifics of the property, pool map, code, etc). Also, believe them when they say they have only put a starter amount of household items for your use. In other properties we had stayed at GCV in there have been cooking basics such as olive oil. Here you will find just salt and pepper. Overall, it was just ok. We will look for another until in GCV and another property management company when we return.