'Wave' and 'particle' here are classical concepts. The quantum-mechanical viewpoint is more that they're neither, but depending on the context they can act more 'particle-like' or 'wave-like'. This applies to everything. To make this all a bit less mysterious, you can define 'particle-like' behavior as something which has a definite location in space, and 'wave-like' behavior as something which does not. A quantum-mechanical particle does not have a specific location in space. It only has a certain probability of being at a given location. But: Once you measure it, that probability distribution disappears. It's now at that location, and isn't exhibiting 'wave-like' behavior, for the time being at least.
What happens after that, if you leave the particle alone, is that the probabilities of where you may find the particle spread out over space. It 'smears out' again.
Now there are two factors involved here. Oudeis Eimi explained one, which is that if the particle in interacting with the environment a lot (which is equivalent to being 'measured', in the quantum-mechanical sense), it can't spread as far before its location gets 'measured', and put into a definite location again. So if the location of the particle is constantly being 'measured' through interactions with the environment-at-large, then it can't 'smear out' very far and exhibit wave-like behavior. This is called the "Quantum Zeno Effect". The other factor here, which is just as important is the speed at which the particle 'spreads out'. As implied above, this occurs at a quite finite speed, and that speed is dependent on the mass of the particle. The heavier the particle is, the more slowly it 'smears out' (or in QM-jargon, 'evolves into a superposition').
If you remember some chemistry from school, one of the most basic ideas in chemistry is chemical structure. That's the fact that the properties of a molecule don't depend just on the number of atoms and their elements, but also how those atoms are arranged in space. Ethanol (CH3CH2OH) and dimethyl ether (CH3OCH3) have the exact same atoms, same number of electrons, protons, neutrons etc, but they're not the same chemicals at all. But if quantum mechanics says that particles (any particles) don't have a definite location in space, the question arises: How does that work? Shouldn't ethanol be able to rearrange its atoms and become dimethyl ether (or vice-versa)? So after quantum mechanics was 'invented', one of the first things they needed to do was explain this thing that all the chemists already knew about.
The answer to this is that the nuclei of atoms are so very heavy in relation to their distances in molecules, that it would require that they be left undisturbed for an astronomical amount of time before they'd have any significant probability of rearranging themselves. As far as chemistry is concerned, atomic nuclei behave almost entirely classically. Only the very lightest elements (e.g. hydrogen) exhibit a measurable amount of 'quantum mechanical motion'. (A paper in JACS last year claimed to have measured such an effect with carbon in a particular reaction. I'm skeptical of that result, however) The electrons in an atom or molecule, on the other hand, only weigh 1/1800 of the lightest nuclei. They behave entirely quantum-mechanically (and that was the problem which was the start of quantum mechanics). So in practice, chemistry straddles the domains of quantum and classical. When doing quantum chemistry, one describes the electrons entirely quantum-mechanically, but the nuclei are usually treated classically or semi-classically.
There are some situations where quantum effects become larger. You can deduce them from the conditions above: When particles aren't interacting a lot with their environment, such as when you have low temperatures, low pressures, or rigid materials (all amounting to fewer interactions/random bumping and jostling around). It's also in those kinds of situations you see quantum behavior on the larger scale, such as superfluids, superconductivity, Bose-Einstein condensates, etc. That said, we have been able to measure 'wave-like' behavior in objects as large as a buckyball (C60 molecule). But I think it should be stressed that that's more of an experimental feat (in part due to the particular properties of C60) rather than due to the fact that they behave particularly quantum-mechanically.
Classical physics is a limiting case of quantum mechanics, as you move towards heavier objects and more interactions. There are still some unanswered questions on how you get from one state of affairs to the other, particularly regarding exactly how 'measurement' occurs (a process known as decoherence). But we don't need to describe classical systems quantum mechanically, since by definition, classical systems don't behave quantum mechanically to a significant extent. As I said, the area where this occurs in practice is on the level of chemistry. The motion of an electron in a molecule is quantum, but the motion of a molecule in a fluid is almost always well-described classically (assuming you know the intermolecular forces, which are quantum-mechanical in origin, but which can be described quite accurately without explicit quantum mechanics)