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| Issue 308 | Jan 27th, 2009 |
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| Aloha ,
In this newsletter:
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Lower Kula Estate
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Market UpdateThere are so many great deals on the market right now that it is sometimes difficult to include everything in our Newsletter. Here are few examples of some listings that have not been included in our featured hot buys or that deserve mentioning again. Papa'anui - The best land deal in Makena at this time. If you ever thought about building in Makena, then please do yourself a favor and come check out this project. You have to see it in person to realise what an awesome deal this is! Kanani Wailea - This is cached version of their website, so it does not have full functionality, but it will give you some idea of this residential condo project in Wailea. We are getting a listing for House #3 (34 Poailani Place) for the unheard of low price of $950K. It will be subject to bank approval of Short Sale. Maluaka - The developer was not able to obtain financing for construction of the condominiumized homes, so the project has been reconfigured for lot sales. Please call or e-mail for more details and pricing. On a positive note, pending sales have been increasing over the last several weeks. If this trend continues, we will see prices stabilizing and inventories dropping. Have a great week! Mahalo Nui Loa, The Smith Team P.S. Interest rates went higher last week but then dropped back down. Today, you can lock in at 4.75% for 30 year fixed rate loan with 1 point. Add .25% for refinances. Call Caroline with Countrywide Home Loans at (808) 264-0534 for best service and rates. She can do loans in all 50 States. P.S.S. Congratulations to Ken for completing his 17th Marathon (4th official one in the last 2 years). Go to the Maui Oceanfront Marathon website to see the results and sign up for next years marathon. This is one of the most scenic marathons around and run at time when it is not too hot...around 60 degrees at the start and 75 degrees at the finish 4 hours later. 
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for January 26th, 2009
| Active | Pending | Sold | Change | |
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| Homes | 1069 (463) | 99 (15) | 874 (158) | -2 |
| Condos | 1701 (355) | 85 (6) | 748 (208) | +19 |
| Land | 585 (186) | 20 (8) | 96 (34) | -3 |
| Total | 3355 (1004) | 204 (29) | 1718 (400) | +14 |
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1. The numbers in parentheses reflect the number of listings over $1M |
 854 Kumulani Drive Kihei $1.195M (FS) |
This home and cottage with pool on half acre is located at almost 1,000 feet elevation above Wailea. Has great ocean, outer island, and mountain views.
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This spectacular oceanview 3 bd. 2.5 bath garage custom home has a wonderful single level open floorplan. The Mediterranean inspired living/kitchen area and master suite both enjoy beautiful views of Lanai, Molokai, and year-round sunsets.
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Off the grid private estate along Maui's North Shore. Top of the line equipment and attention to detail will be found in this most exclusive yet very down to earth home. La'a Makena (precious gift) features a sustainably harvested hardwood interior and low maintenance exterior. |
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Outstanding Central Kihei beachfront home. This world class architectural property has a lot to offer. Featuring four bedrooms four and a half baths with over three thousand sq. ft. of living area. Beach frontage right outside your back door. Views from every room.
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Built with the highest quality materials. This three-bedroom two-story single family residence also includes a one-bedroom guest suite. This is the second spectacular Hawaiian plantation style residence located on Baby Beach. A short walk to Front Street takes you to excellent dining and activities.
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 2771 Olulani Street Pukalani $475K (FS) |
Short sale. This home is immaculate. Pride of ownership abounds.
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Bank owned. This is a great opportunity to own a home in the Grand Fairways North. Property is setup as 2/2 upstairs and 2/1downstairs with it's own seperate entrance. Great for an extended family. Covered lanai inthe front and open lanai off the master. Needs some TLC. |
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 79 Huluhulu Street Kahului $539K (FS) |
Hidden Tropical Princess in Kahului! 1,730 sf home with 3 beds/2 baths with office/den on 11,498 sq. ft. golf course frontage lot. The office/den can be converted to a 4th bedroom by adding a closet. This house has fabulous mountain views and is private and quiet at the end of a cul-de-sac.
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 125 Pi'imauna Street Pukalani $698.5K (FS) |
Magnificent coast-to-coast views from this beautifully maintained single level front row home in Kua'aina Ridge. You'll love this tasteful home with sweet entryway, cozy family room, solar water and large covered deck overlooking huge vistas of the North Shore and entire Central Valley.
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Vintage #164
Ka'anapali $1.095M (FS) |
Welcome to the perfect place to live. A golf cart ride to shops, restaurants and Ka'anapali beach. Experience upscale living at it's finest without all the upkeep. Spacious single level 3 bedroom 3 bath, travertine floors, 2 car gargage. |
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Kai Malu 59A
Wailea $1.695M (FS) |
It's all about views and privacy. This home has the best that Kai Malu at Wailea has to offer. Situated on a bluff above the 7th hole of the Wailea Blue course, this home has commanding Molokai & Ka'aholawe. Popular Honua floor plan. |
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Great opportunity to own an oceanfront condo. Currently in the vacation rental program. |
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 Maui Banyan H-312 Kihei $395K (FS) |
One of a kind ocean view. New remodeled and absolutely stunning. This fully furnished 1 bd. 2 bath condo has just undergone over $80K in upgrades.
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 Wailea Ekahi 43B Wailea $624.9K (FS) |
Bank owned in fabulous Wailea Ekahi. Unit has extra large rooms and a built in murphy bed in living room. Enjoy sunny days by one of Ekahi's many pools or stroll down to Keawakapu Beach. Private Lanai off master bedroom and living room. |
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21P1,2 enjoys one of the best locations for a ground floor two-bedroom in the entire Golf Villas complex. This end unit has the luxury of a large open grass area on the south side and fantastic ocean and sunset views. Remodeled in 2004/ 2005 with tile floors, refurbished bathrooms and kitchen. |
 Iao parkside 46-102 Wailuku $219.9K (FS) |
Iao Parkside ground floor unit. Very good condition, great location. |
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 Boardwalk #F Kihei $279K (FS) |
Bank owned. This quaint two bedroom, two bath, upstairs, end unit offers a large floor plan. This small, charming, residential complex (only 10 units) is very conveniently located within walking distance to restaurants, church, shopping and the Beach. |
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 Cottages at Kulamalu #31 Pukalani $447K (FS) |
The beautiful Pueo model is one of the paired condominium homes available at The Cottages at Kulamalu. Special features include: central A/C, solar attic fan, dual pane windows, elevated ceilings, GE stainless steel appliances, washer and dryer, 2 car garage and full insulation package. Below market financing available. |
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 Masters #3301 Ka'anapali $798.5K (FS) |
Enjoy wonderful ocean, neighbor islands, and sunset views. The Masters is a gated community that offers amenities that include 2 pools, 2 hot tubs and 4 tennis courts. |
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