No Slowdown Yet
While some market gurus believe the real estate market on Maui will slow down and that prices will drop, so far that is not happening.....at least, certainly not that we have been able to see in the low and middle end properties.Just this past week, we have seen multiple offers on some new listings, and often at full price or above. Granted these are typically on homes under $500,000 and condos under $150,000, but it does indicate that there is still a great deal of underlying strength in the market. We are also seeing a number of higher end properties selling as well such as 3186 Kikihi Street in Wailea Kialoa which was on the market for 224 days, but went into escrow this last week (asking price $1.58 million).We often get asked whether to buy now or wait for a correction in prices. While we cannot predict what will happen in the future, we can offer the following advice. Buy when the time is right for you, and don't try to time or second guess the market. It is inevitable that the market will someday have a correction and prices will drop; but even if you are smart enough to be able to time the market, higher interest rates might offset any gains you might make. Affordability has proven to be the key factor as to why people buy, and we would recommend that you let this be your guide. Make sure that you have eliminated all high interest rate debt and have adequate savings for emergencies and other contingencies. Then when you are ready, check out some of the great buys shown on our website or in this Newsletter. |
Pictures Available Upon Request547 Kunu Place
Kahului$275,000 (FS) |
| THREE BEDROOM HOME ON LARGE LOT IN DESIRABLE NEIGHBORHOOD. THERE IS A STUDIO THAT MAY OR MAY NOT BE CONFORMING. HOME WAS REMODELED WITH NEW ROOF, TILE CARPET,COPPER PLUMBING AND ELECTRICAL WITHIN LAST THREE YEARS. | 
94 Kono Place
Kahului
$269,000 (FS) |
| Great starter home centrally located with lots of potential on a large lot with room for expansion. Hicks home in need of some TLC. New solar water heater, and Dish Network hook up ready. |
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88 LAE STREET
Kuau
$389,000 (FS) |
| You can hear the ocean from this cute home at the top of the North Shore's most desirable neighborhood, Kuau Bayview. Fabulous panoramic views of the West Maui mountains and Kahakuloa, across the ocean to Molokai, and all the way up to Haleakala. | Pictures Available Upon Request6 Kawaiiki Place
Wailuku$409,000 (FS) | | A very nice 4-bedroom 2.5-bath two story house in a very desirable neighborhood. Well-kept house. Conveniently located. |
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200 Ohaoha
Makawao
$599,000 (FS) |
| Maunaolu Plantation of Upcountry Maui at its finest. This gated community of 2 acre lots offers terrific views, delightful weather patterns, convenience to town and schools,famous Hookipa and North Shore beaches. This plantation style home is the perfect mix of indoor/outdoor living with a spacious floor plan. | 
540 S ALU RD
Wailuku
$560,000 (FS) | | Granite counter tops in kitchen. Fireplace. skylights. Extensive retaining walls. sprinkler system. Nicely landscaped. Coast to coast views. |
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3146 Waiea Place
Wailea
$790,000 (FS) |
| Beautiful quiet 3 bedroom, 2.5 bath home with office/library off a sunken living room with a spiral staircase to ocean view deck. High ceilings open airy living room, dining room, kitchen, with sweeping curved walls, and tall concrete columns. | Pictures Available Upon Request14 Lantana Place
Lahaina
$675,000 (FS) |
| Brand new home finished in Dec. 2002. Great Ocean views in private location. Hardwood floors in living room & Kitchen, tile in bathrooms & carpet in bedrooms. Vaulted ceilings in living room and Master bedroom. | 
560 Kuikahi Drive
Wailuku
$659,000 (FS) |
| Breathtaking bi-coastal ocean and mountain views! This home is spacious and comfortable with tall floor to ceiling windows, which accentuate the beautiful views. The home was remodeled in 2002. |
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500 Koheo Road
Kula
$1,950,000 (FS) |
| Rare offering! "Inn of the Ninth Cloud". Private manicured estate parcel at the end of Koheo Road and bordering ranch land in desirable Keokea. 360-degree views. Gated entry. Charming home with wood floors, koa paneling, and windows across the front for enjoying the splendid view. Separate guest cottage. |
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Homes with Ohanas $300 to 500K Pictures Available Upon Request147 ELEU PLACE
KIHEI$395,000 (FS) |
| HOUSE WITH 2-BEDROOM COTTAGE. CONVENIENTLY LOCATED, CLOSE TO SHOPPING CENTERS AND TO THE BEACH. PERFECT TO LARGE FAMILY OR AS A INVESTMENT. | |
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| | Pictures Available Upon Request674 LEA PLACE
Makawao$485,000 (FS) |
| NICE 4-BEDROOM 3-BATH BATH WITH 2-BEDROOM 1-BATH COTTAGE OVER 1/2 ACRE OF LAND. GOOD INVESTMENT OPPORTUNITY FOR THE UP- COUNTRY PROPERTY. |
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Homes with Ohanas $500 to 800K 
779 Kumulani Drive
Kihei
$788,000 (FS) |
| BRAND NEW LISTING, JUST LISTED 4-10-03 Enjoy ocean and mountain views from this great home at the Top of Maui Meadows. The home, its attached ohana and separate cottage have all been freshly painted inside and out. Currently, rental income is $3700/mo. | 
4525 UNE PLACE
Haiku
$599,000(FS) |
| SELLER WANTS ANOTHER OFFER, LAST CONTACT FELL THRU.... Hill top home with fantastic views of the ocean. Open beam ceilings, solar water heating system, with hot tub located on the deck to get those relaxing ocean views. Includes 2 bedroom 1 bath ohana downstairs, penthouse loft, lots of glass, open floor plan, 3 car garage, landscaped yard, bananas and guava trees. |
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Homes with Ohanas $800 to 1 Million  883 Kupulau DriveKihei
$850,000 (FS) | | This property is located near the top of Maui Meadows and offers great ocean views. Strong rental income potential with this unique floor plan. A fixer-upper's opportunity to realize the full potential of this property. Actual improvements may not conform with County real property tax records. |
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Residential Condos Under 100K 
Harbor Lights #C-203
Kahului
$92,500 (FS) |
| Want to see a unit-refurbished to THE MAX? This is it. Ceramic flooring throughout, ALL new appliances, cabinets in bath and kitchen, new light fixtures, new kitchen and bath hardware etc .etc. Absolutely gorgeous. |
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Residential Condos $100 to 200K 
Kihei Villages #27-106
Kihei
$128,000 (FS) |
| HUD unit to owner occupants first. ALL BIDS MUST BE IN BY MIDNIGHT TUESDAY 4/29/03, Bids open Wednesday or everyday til sold. Sold "As Is", 3% down owner occ, 25% for investors if property is "extended" to investors. | 
Kihei Villages #36-202
Kihei
$133,000 (FS) |
| Motivated sellers, clean unit. New carpet and paint.
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Southpointe #20-106
Kihei
$155,000 (FS) |
| 2 bedroom, 1.5 bath ground floor unit in great location of project. Call today. | 
Mount Thomas #202
WAILUKU
$137,280 (FS) |
| Unit has great views. Much TLC needed. Please call listor before submitting offer. Property to be sold "AS IS." | |
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Kihei Villages #57-101
Kihei
$155,000 (FS) |
| Beautifully remodeled unit with 2 parking spaces close to unit. Unit has 3 split air conditioning systems, marble flooring, recessed lighting and no more popcorn ceiling. The shower has been redone with marble and glass shower doors. | 
Pacific Shores #B-117
Kihei
$155,000 (FS) |
| Great location in South Kihei close to Charlie Young Beach and the beginning of the most desired beaches in South Maui Kam I, II, III Beaches. This two bedroom two bath is ground floor. Seller has left the island and says sell. Bring an offer. Tenant occupied so call for appointment. |
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Residential Condos $200 to 400K 
Kahului Ikena #116
Kahului
$210,000 (FS) |
| Nice ground floor unit in convenient Kahului area. Unit is tenant occupied and 48 hour notice is needed. Two parking stalls. | 
Hale Royale #C-102
Honokowai
$299,500 (FS) |
| VERY NICELY UPGRADED UNIT, OCEAN VIEW FROM THE "C" BUILDING, OWNER OCCUPIED, 48 HRS TO SHOW, CALL LISTING AGENT AT 669-0814 TO SHOW, PHOTO'S AND MOVIE SOON. | 
Masters #4205
Kaanapali
$379,000 (FS) | | Beautiful ocean and island views. Remodeled 1999 with many extras including home office, plantation shutters, and artist mural in entrance. One year home warranty included. |
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Residential Condos Over $1 Million 
Na Hale O Makena #C-202
Makena
$1,375,000 (FS) |
| Covering more than six acres of lush lawns, shade trees and gardens, Na Hale Makena reflects the sophisticated elegance of a vintage 1930's-style Hawaiian estate. The individual residences contain between 2,250 and 3, 000 square feet of living area. |
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Vacation Condos $100 to 200K 
Kihei Bay Vista #A-205
Kihei
$179,000 (FS) | | Popular vacation rental in North Kihei across from Windsurfing beach. This unit should have partial ocean view and is priced for quick sale. |  Kihei Bay Surf #218
Kihei
$109,500 (FS) | | Across the street from a great windsurfing beach and the Whale Sanctuary. Charming newly upgraded studio with vaulted ceiling, new carpets and tile. Complex offers great amenities which include tennis court, large pool, large spa jacuzzi (seats 10), and BBQ area. |
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Vacation Condos $200 to 300K  Kamaole Sands #7-204
Kihei
$257,000 (FS) |
| Very clean garden view unit in the popular 7 building. All appliances replaced, newer living room furniture, TV's, Stereo, A/C. Listor is owner. |  Kihei Resort #216-F
Kihei
$215,000 (FS) |
| Beautiful grounds! Very desirable location in resort. Large master bedroom. Amenities include pool, jacuzzi, BBQ. Parking stall is #70. |
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Vacation Condos $300 to 600K 
Kauhale Makai #309
KIHEI
$370,000 (FS) |
| OCEANFRONT RESORT, putting green, tennis, pool, jacuzzi. Newly upgraded fully furnished condo with awesome ocean views, sleeps 6, 3rd floor overlooking pool, large oceanfront lawn and beach. |  Wailea Ekolu #307
WAILEA
$599,000 (FS) |
| Do views from the lanai get any better than this? Prime location in exclusive Wailea Ekolu. Spacious 2-bedroom condo comes fully furnished. Excellent condition throughout. | 
Palms at Wailea I #2305
WAILEA
$437,000 (FS) |
| Very private, 1 bedroom, 2 bath unit, wonderful lanai, BBQ area, right on the green belt! Beautiful furnishings, please call listor for showings. Unit in vacation rental pool. Bookings thru March 27, 2003 must be honored. |
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Vacation Condos $600K to 1 Million
Palms at Wailea I #1106
Wailea
$795,000 (FS) |
| Totally awesome panoramic ocean views, from Kaho'olawe to Lanai, with sunset views every day from this TOP FLOOR CORNER unit. #1106 is simply THE BEST OCEAN VIEW location at the Palms!!! THIS IS THE LARGEST 2BD/2BA FLOOR PLAN at 1,299 sf interior space!! | 
Sugar Cove #5B
Paia
$950,000 (FS) |
| Absolutely the best North Shore location with launchable beachfront for windsurfers! Spectacular ocean and mountain views. Immaculate four acres of manicured grounds with only 18 units in the entire complex. |  Mahana #309
Kaanapali
$825,000 (FS) | | Completely equipped and in the excellent Aston rental program. Central air conditioning, and many project amenities make this a wonderful first or second home. | 
Ridge Villas #1413-15
Kapalua
$849,000 (FS) |
| Upgraded unit with great ocean views. Unit backs up to the 8th hole of the Kapalua Bay Course. Amenities at The Ridge currently include access to Shuttle service within the resort, reduced rates at three championship golf courses. | 
Whaler #707
Kaanapali
$925,000 (FS) |
| Great location one stack from direct OCEANFRONT courtyard facing southwest exposure!! |
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Vacation Condos Over $1 Million 
Puamana #240-4
LAHAINA
$1,400,000 (FS) |
| Rare 4 bedroom 3.5 bath oceanfront, strong income producer, remodeled in 2002, quality throughout, stunning ocean views from all three stories. |
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Pictures Available Upon RequestLot 6 Kaluakoi Fairways Kaiaka Road
Molokai$140,000 (FS) |
| Fantastic lot on the golf course - recently reopened in the Kaluakoi Fairways Section of Papohaku on beautiful West Molokai. Call Listor for directions to lot. |  Hana Hwy (near Mile Marker 29)
Hana $115,000 (FS) |
| This is a rare small parcel right on Hana Hwy mauka (mountain) side, near the Nahiku Gallery. Mile Marker 29, is approximately on the northeast corner of the property. Lot is wooded. Ocean view will be possible after clearing. |
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Pictures Available Upon Request0 HONUA PLACE LOT#2
WAILUKU$215,000 (FS) |
| Lush Waikapu Valley living. Established residential neighborhood. Lot is within earshot of Waikapu stream. Beautiful view into Waikapu Valley and the west Maui mountains. County water meter installed. Listor is related to owner. | Pictures Available Upon Request10 LAHA PLACE
MAKAWAO$220,000 (FS) |
| LOCATED ON A CUL-DE-SAC. POSSIBLE SUBDIVISION. GOOD POTENTIAL. |
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Picture Available Upon Request0 GOVERNMENT MAIN RD
HANA$375,000 (FS) |
| SITUATED ABOVE HANA HIGHWAY, THIS CLEARED AND USABLE 50 ACRE PARCEL OF SLOPING LAND OFFERS MAGNIFICENT OCEAN & MOUNTAIN VIEWS, AND HAS ITS OWN SPRING-FED WATER SOURCE!
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0 Makawao Ave
Haiku
$549,000 (FS) |
| High on the hill with green pastures below and top of Haleakala for a backdrop best describes this piece of property. Located at the intersection of Kaupakalua and Kokomo Roads, then along makai side of Makawao Avenue. |
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Why Hire a Real Estate Agent? If you are thinking about selling your property or need help finding one, why hire a real estate agent? Certainly you might be one of those people who can do it all yourself, but before you do, please read the excellent article by M. Anthony Carr from Realty Times courtesy of Jacob Hoag of City Bank.We want to especially thank our loyal customers who have allowed us to help them in the past and those of you who will let us help you in the future. Our commitment in return for your loyalty is to give 110% effort and unsurpassed customer service. Have a great week! Mahalo Nui Loa,Greg and Ken Smith  |
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