Maui Real Estate Hawaii Homes, Land and Condos - Ken Smith - The Natural Choice for Maui Real Estate
The Natural Choice for Maui Real Estate

 
“We live in one of the world's most beautiful places. I take my responsibility to help my clients find their own little piece of paradise very seriously.” --Ken Smith

 

 Issue 49

Dec 14, 2003

 
Aloha ,

In this newsletter:
Featured Property
Market Commentary
Update on Fractional Ownership
Homes $400 to $500K
Homes $600 to $800K
Homes Over $1 Million
Condos $100 to $400K
Condos $400 to $600K
Condos Over $1 Million
Vacant Land Over $700K

 

 
31 Acre Tropical Estate


275 Haumana Road
$4.79 Million (FS)
Click Here for Virtual Tour
Click Here for More Information

Featured Property

We normally don't make any comments about our featured property, but this week, we felt like we should let you know that there has been a major price reduction. Originally listed for $7.9 million, this seller is now seriously motivated as you can see by the latest price reduction down to under $4.8 million. This is arguably one of the finest homes on Maui. When you add that together with expansive lawns and meticulous landscaping, you have all of the ingredients to make this one of the finest estates in all of Hawaii. Don't let this one get away from you...make an offer today!

Market Commentary

As the holidays approach, many people turn their attention away from buying real estate and focus on family and friends. This is understandable but it also makes for a great opportunity to take advantage of a somewhat slower time to get your best deals.

Don't wait until the market again turns into high gear, and there are multiple offers on every great new listing. Right after the first of the year and through the middle of April is the busiest time for real estate on Maui. We would encourage you to act now and you will most likely save yourself some money vs. waiting another month.

Update on Fractional Ownership

Last week we announced that we were forming a group to purchase Kamaole Sands #7-102. We have been successful in getting firm commitments from 4 partners for 2 months each. The following periods remain available and will be sold on a first come first serve basis. February 15th to April 15th is available for $61,500 and the two separated months of May 15th to June 15th and July 15th to August 15th can be bought for $53,000.

Time is running out and if we don't have all of the slots sold this week, this particular partnership will probably not come together. If you would like to see a photo gallery, click on this link. This is a 1 bedroom 2 bath condo with a lovely garden view and peekaboo ocean view in building 7 close to the pool and only a short walk to Kamaole Beach 3. This is a great opportunity to have a piece of paradise at a very reasonable cost. When not using your unit, you can either trade with other partners or rent to family and friends. No vacation rental pool on this one, so this unit which has been nicely upgraded should stay in excellent condition for quite some time.

If Kamaole Sands is not what you are looking for but you like the concept of fractional ownership, we have another group looking at a 2 bedroom at Maui Kamaole. They would like only 4 partners and prefer rotating time periods from year to year. Cost on that one will probably be around $140,000 for each partner for 3 months. This is still a bargain when you consider the cost of time shares which can run upwards of $40,000 for just one week.

There are also other people who contacted us would like to buy in the Kaanapali to Kapalua area (West Maui), so if you have any interest whatsoever, please feel free to write and let us know what you'd like. We will create separate lists based on preferences for areas and price. Once we get enough people together with a common interest, finding the property will be the easy part...or we should say easier...not easy in this market!

Have a wonderful week.

Mahalo Nui Loa,

Greg and Ken Smith

Homes $400 to $500K

Photos Available Upon Request.

36 Ka Drive
Kula
$482K (FS)

Nice location in Kula Kai with single story. Priced to sell soon, ocean views, level lot. Actually, just learned today that this listing is being withdrawn, but should be back on in about a week after the sellers do some repairs. It is a fixer upper, but a good deal.


5085-B Hanawai Street
Napili
$445K (FS)

A well maintained single family, free standing home with large deck and very private yard. Studio ohana attached that helps out with mortgage payment. Some furnishings are included in the sale. A lovely family home in a good neighborhood. Lots of extra's, shows beautifully.


2740 Liholani Street
Pukalani
$424.9K (FS)

4 years new, former model home , fronting 5th fairway, double glazed windows, vaulted ceiling, crown molding, laminate flooring, maple cabinets, whirlpool appliances, ceramic tile floors, bath and laundry room, solar water, wrap around lanais, views, mature trees, fenced back yard , deluxe jacuzzi, sprinkler system. Great views of the golf course, Haleakala, harbor lights, and central valley. MOTIVATED SELLERS.


567 Kaiola Street
Kihei
$475K (FS)

Lots of possibilities for this large family home. 3 bedrooms 2 baths upstairs. Access door to downstairs 4 bedroom one bath with additional washer/dryer.

Homes $600 to $800K


163 Puumakani Street
Kahului
$649.9K (FS)

Big foyer, family room, living room, steel staircase railing, modern kitchen with granite counter , stainless appliances, hardwood cabinets, Island work station, Master suite and guest suite with jacuzzi bath and shower, Tile living room , family room, kitchen foyer and bathroom floors. West Maui mountain views.


2830 Ohina Street
Kihei
$779K (FS)

Large, well maintained, ocean view home in popular South Kihei neighborhood just minutes to Wailea or Kamaole beaches. Ask about flexible floor plan for extended families or substantial rental income.

Photos Available Upon Request.

24 Hoohale Street
Kihei
$785K (FS)

Five bedroom, four bathroom home with mountain views.

Homes Over $1 Million


1198 Pulehu Road
Kula
$1.649 Million (FS)
Understated elegance, Kama'aina charm, seclusion and unobstructed ocean and mountain views are just some of the allure of this enchanting oasis. Several additions (approximately 1500 sq. ft.) onto the original home and remodeling. Just beyond the grotto style outdoor shower, the tiled lap pool and in ground spa, you'll find the workout room and 3 year young guest cottage.

Condos $100 to $400K


The Koa Resort
# 2J
Kihei
$345K (FS)

Best location in complex. Both bathrooms completely and beautifully redone. All new kitchen appliances and new washer/dryer relocated to the downstairs bathroom. Lanai and ext entry landing tiled. New oak Levelor blinds on windows, interior repainted and re carpeted. Lots of storage, pool, tennis and gorgeous park like setting. Vacation rentals allowed.

Photos Available Upon Request.

Kihei Shores
#A-006
Kihei
$155K (FS)

One of the least expensive 2 bedroom condos in South Kihei. No vacation rentals allowed.

Condos $400 to $600K


Kaanapali Plantation
#33
Kaanapali
$489K (FS)
This comfortable, updated 2BR/2BA end unit feels like a single story town home. Features include lovely palm studded ocean views & sunsets, space and privacy. Kaanapali Plantation is beloved by residents and resort guests alike for its intimate setting, well maintained grounds and amenities (pool, tennis and recreation areas). Vacation rentals allowed.

Napili Villas
#4
Napili
$445K (FS)
Nestled in the heart of beautiful Napili and within short distance to some of the best swimming bays in Maui. This unit has not been lived in and is in brand new condition. Professionally decorated unit is sold furnished- Negotiable. No vacation rentals.

Condos Over $1 Million


Wailea Point
#2204
Wailea
$1.95 Million (FS)
Gorgeous ocean views toward West Maui. This is the highly desired 2-bedroom, 3-bath floor plan. The upstairs location provides superior views plus the option to add a loft. Like new condition. Minimum 1 month rentals.

Vacant Land Over $1 Million


Laniupoko Subdivision
Olowalu
$1.2 Million (FS)

Magnificent Estate Lot in Launiupoko. Breath taking views of surfers, boats, & whales at play in the blue Pacific. Year round sunsets. Excellent potential with great CC & Rs. Unlimited Possibilities!


Makila Plantation Lot 11
Lahaina
$775K (FS)

Opportunity knocks! Make an offer on this fabulous 5 acre lot right away. Seller is motivated!

 
Office
(808) 879-5233
Residence
(808) 572-0866
Fax
(808) 879-6979
Toll Free
(800) 344-MAUI
E-Mail
Ken Smith

Coldwell Banker Island Properties

Coldwell Banker Island Properties

2463 South Kihei Road, Kihei, Maui, Hawaii 96753

  

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