State of the Housing Market
The housing market here on Maui continues to heat up which has given us some cause for concern. One wonders just how far is up. Well, if the article I just read courtesy of Steve Kerch of CBS.MarketWatch.com is correct, then there doesn't seem to be a great deal to be concerned about. Click here to read this article.
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229 N. Makaleha Street
Makawao
$412,000 (FS) |
| Three bedroom three bathroom home in Meadows at Makawao Subdivision. This 2 story 1700+ sq. ft. home needs a fair amount of TLC, and is being sold in "As Is" condition. Make offer before it is gone. | 
480 Kenolio Road #D
Kihei
$375,000 (FS) |
| One of 10 single family detached homes at the North end of complex. The maintenance fee is approximately $341 and pays for front yard maintenance (painting, roof, termite) water, trash, sewer cable TV, common security, and use of the club house. Adding up costs, you'll find that the monthly fee is a bargain. Current list price reflects new carpet and interior painting. Seller is open to offers.
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Homes $800K to $1 Million 
38 Waikai Street
Kihei
$829,000 (FS) |
| Steps to Keawakapu Beach. Elegantly renovated Hawaiian Style Home. Enter and enjoy the beautiful imported Italian tile flooring throughout the lower level. The separate one bedroom guest apartment makes overnight guests a breeze. Secluded hot tub and tropical gardens. Exclusive, Gated Wailea Resort Community. |
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311 Aalii
Kaanapali
$1,449,000 (FS) |
| Fully furnished Quality built home, with Brazilian Koa Floors, Tiled Pool and Security & fire alarm systems, Top of the line appliances, Upstairs and downstairs laundry facilities. Plumbed for central vacuum system and solar water heater. Private lanai off Master Bedroom with great ocean views. All interior walls insulated for quality sound control. |
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Homes $2 Million and over 
475 Hana Highway
Kuau
$2,100,000 (FS) |
| Here is your chance to own oceanfront. Located two lots from the blue tile house at Tavares Bay. Landscaped property is the largest lot in the neighborhood. This home still has the charm of old Hawaii. |
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Homes w/Ohanas $300 to $400K Photo Available Upon Request.23 Kuula Street
Kahului
$385,000 (FS) |
| This is a well-cared for property, with both main house and ohana unit being rented out. Main house roofing only 2 yrs old, with carpeting in bedrooms and hallway fairly new. Ohana has a nice fenced yard. |
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Homes w/ Ohanas $500 to $800K 
2050 Kapakalua Road
Haiku
$598,000 (FS) |
| Tropical Valley hideaway full of ginger, bananas, Kukui and tons of vegetation are just the start of this unique home. The home is situated in a valley bottom with an intermittent stream that flows next to the main house. Some features include a fireplace, mural tile in the master bath with sunken tub and a large covered deck. |
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Residential Condos $100 to $300K Photo Available Upon Request.Kamoa Views #215
Kihei
$179,000 (FS) |
| Partial Ocean View from this remodeled 1 bedroom/ 1 bath condo in South Kihei. Approximately 10 minute walk to the beach. Security building with tiled pool, elevator, central a/c, and underground parking. | Photo Available Upon Request.Haleakala Gardens #16 D
Kihei
$191,900 (FS) |
| Attractive 3 bedroom, 2 bath ground floor unit. Window AC units in family room, master bedroom and 2nd bedroom. Refrigerator recently installed. Tiled entry, carpeted family room and bedrooms. Two assigned parking stalls. | Photo Available Upon Request.Kanoelani Apartments
Unit # B
Kihei
$225,000 (FS) |
| Affordable 2 bedroom, 1 bath condo in South Kihei. Rare Find! Small 6 unit, 2 story complex. Convenient location off S. Kihei Road, close to shopping and the White Sands of Kamaole 1 Beach! This ground floor unit opens to private lanai with fenced private pool. |
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Residential Condos $400 to $600K 
Wailea Fairway Villas
#D202
Wailea
$595,000 (FS) |
| Only for the most discriminating buyers! This two bedroom unit was hand designed by the owner and built by the developer into the only one of its kind in the Fairway Villas. It sets up as a one bedroom unit with a wet bar and views to die for. The master bedroom was taken out to create a great living area and a collapsible wall was put in its place to accommodate a second bedroom if needed. |
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Vacation Condos $300 to $400K 
Kauhale Makai
#333
Kihei
$325,000 (FS) |
| Enjoy ocean views from the living room and one bedroom in a quiet location of the Plumeria (south) bldg. This condo is located one unit from the front, on the south side of the building protected from the wind. The condo has been furnished to provide an open island feel. | 
Napili Point
#A-25
Napili
$365,000 (LH) |
| Well decorated Garden unit in a quiet location. Has nice ocean view. Ready to move in or rent out. Unit is in the on site rental program. |
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Vacation Condos $800K to $1 Million 
Kaanapali Alii
#1-702
Kaanapali
$940,000 (LH) |
| Best one bedroom location at Kaanapali Alii. Southwest exposure facing courtyard. Fantastic ocean views!!! Kaanapali Beach named "America's Best Beach" in 2003. |
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| We are a little surprised that more of you have not yet signed up for the new Legends Project being built by Schuler Homes near the Maui Lani Dunes Clubhouse. Although we don't have the final pricing yet, we do know that the 6 different models they have chosen are the most popular ones that they have built in the last several years. Many of these homes are quite substantial...up to almost 2000 sq. ft. of living area. and come with lots of custom features as part of their standard package. With base prices projected to be under $400,000, it is no wonder that there has been so much excitement about this project. Maybe some of you have not signed up because you were discouraged that they already have over 1000 people registered for only 127 homes. Please don't be discouraged. Those odds might improve substantially because we believe they may be changing over to Owner-Occupant sales only. That will eliminate many of the speculators who are looking for a quick profit and give those buyers who are truly in need of a quality home at an affordable price (by Maui Standards) a better chance to be successful. There is no doubt that these homes will sell out, and although we can't guaranty it, we would be very surprised based on the current market if there weren't some equity appreciation once they were completed. Please contact us if you would like more information or if you would like one of us meet you at the Legends Project sales office to get registered which is necessary in order for us to represent you and get compensated. If you do not live on Maui and would like to register, we will need an agreement authorizing us to represent you for this project. As Greg would say...."This one is a no-brainer". Pops is definitely in agreement with him on this one! |
| Glad to say that Ken is finally caught up with e-mails after returning from vacation 2 weeks ago. Thank you all for your patience. We have a possible fallout on 2739 Ililani Way in Pukalani. This 4 bedroom 3 bath home with 1 bedroom attached ohana in Pukalani is offered at $529,000 (FS). Since going into escrow, the market has heated up and should this one get cancelled, we believe that it will immediately be resold at full price, so if you are interested contact us right away and put in a back-up offer to be first in line.Have a wonderful week. Mahalo Nui Loa,Greg and Ken Smith 
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