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Issue 768 November 14, 2017

Aloha Valued Subscriber


In this newsletter:
 

Short Sales
Homes
Condos
Land
 New Properties (0)
Price Reductions

Stunning House and     Cottage with Views   
4340  Melianani
4340 Melianani Place
Wailea

$8,999,995 (FS)
 


Customer Listing Synopsis


 

Market Update

Maui county is considering placing a ban on certain chemicals found in sunscreens that have been found to be damaging to coral reefs.  Oxybenzone and Octinoxate are active ingredients in most sunscreens because they act as broad spectrum UV absorbents. 

Discussions are in progress to have these chemicals banned in Maui County.  Arguments in favor of the ban point out that scientists have found that these chemicals can expose coral reefs to "bleaching" and negatively affect the endocrine system and development of fish.  Toxicologists took samples from popular swimming and snorkeling spots around the island and found that the highest levels of Oxybenzone and Octinoxate in the water is a Black Point in Kaanapali.  

Arguments opposed to the ban point out that Oxybenzone and Octinoxate are both nationally approved by the Food and Drug Administration as safe.  Opposition to the ban fears that a ban such as this would be difficult to enforce.  If the ban is approved it would be the first of its kind in the country.  

Reef safe alternative sunscreens use zinc oxide as the active ingredient to block UV rays.  Mama Kuleana is a local Maui brand producing zinc sunscreen.  

Lindsey for The Smith Team

Ken, Melissa, Greg and Lindsey

P.S. - Check out our new listings on the North Shore 64 Puu Koa Place and 66 Puu Koa Place.  They are both granted legal vacation rental status from the county of Maui which will be transferred to the new owners.  Sold separately 64 Puu Koa has 3 separate rental units and is being offered at $835K.  66 Puu Koa has 4 rental units and is listed at $875K.  They can be purchased together at a discount for $1.6M.  Let us know if you would like to see the rental history or the letters from the county stating the legal vacation rental status.     

 
Melissa Smith R (B), Ken Smith R (S), Gregory Smith R (B), Lindsey Taylor R (S)
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Market Watch

 
Active
Pending
Sold
Change
Homes
500 (267)
222 (44)
1122 (253)
+13
Condos
640 (193)
291 (31)
1417 (190)
+9
Land
314 (123)
53 (10)
215 (16)
 +1
Total
1454 (583)
566 (85)
2754 (459)
+23
1. The numbers in parentheses reflect the number of listings over $1M
2. Sold listings are for the previous 12 months.
3. Change is the increase or decrease in number of active listings from the previous week.
 

Homes Over $1M

20 pea
20 Pea Place
Kula
$1.199M (FS)
Beautiful 3 bed, 3 bath with attached 1 bed, 1 bath attached ohana/ guesthouse. Extensive remodeling completed, including recently refinished hardwood floors throughout, granite counters in the kitchen, new decking, bathroom remodels and newly painted exterior. 
115 Hawea
115 Hawea Place
Makawao

$1.4M (FS)
 
Unique custom 3 bed, 3 bath home in magical Olinda just 2.5 miles above Makawao Town. Feast your eyes on the gorgeous views from large windows throughout the house. Beautifully updated kitchen with state of the art appliances, granite counters, and hardwood floors.


 
303 south ulukoa303 South Ulukoa Place
Kaanapali
$1.495M (FS)
Beautiful 3 bed, 2.5 bath home in prestigious gated Kaanapali Golf Estates with stunning ocean and island views. Great room concept with expansive kitchen featuring tons of counter space, eating bar, and formal dining area.


 
 
198 heleuma
198 Heleuma Place
Wailea

$2.995M (FS) 
This home is perched subtly and privately on the upper hills of Wailea Resort, on a cul-de-sac, adjacent to a large greenbelt in the exclusive enclave of Wailea Kialoa. True love has been poured into this 4 bed, 4 bath home as the current owners have totally remodeled the residence from top to bottom and wall to wall. 

 
342 kualona
342 Kualono Place
Wailea 

$2,999,999 (FS) 
Outstanding ocean, outer island and sunset views await you from this perfectly situated custom home in beautiful Wailea Pualani Estates. No luxury was spared in the construction of this spacious 5 bed, 4.5 bath home, which offers ample living area on both levels. 


 
 

Homes Under $1M

89 poniu
89 Poniu Circle 
Wailuku
$560K (FS)
Peaceful, quiet and charming single story, partially furnished 3 bed, 2 bath, well cared for home with 9' ceilings on a private corner lot at the end of a cul-de-sac in the Kaimana at Kehalani subdivision. The corner lot backs up to a gentle green sloping hill which adds to the privacy and beauty of this home.

 
 88 east lipoa88 East Lipoa Street
Kihei
$590K (FS)
This turnkey and lovingly maintained home, an exceptional value located in the heart of Kihei. Welcome to Kihei Kauhale Nani, spotless, remodeled 3 bed, 2 bath home offers bamboo and tile flooring, open concept kitchen with granite countertops and backsplash plus Bosch stainless steel appliances.
  207 puumakani 2  
207 Puumakani Street
Kahului
$615K (FS)
Well constructed 4 bed, 3bath home in the Grand Fairways North. Freshly painted, new carpet, and new kitchen appliances. Spacious master bedroom with its own lanai. Large backyard for a possible pool or just room for the growing family. 

 
71 puukani
71 Puukani Street
Kahului
​$659K (FS)
Centrally located in Kahului, near restaurant and stores. New roof and spacious backyard. Great house and investment opportunity, consist of a 3 bed, 2 bath main house, 2 bed, 1 bath detached ohana and studio. 
 

Vacation Condos Over $1M

 
kapalua bay villas 34b3
Kapalua Bay Villas #34-B3
Kapalua
​$1.389M (FS)
The exceptional location of this beautiful Villa makes it a premier oceanfront unit at the Bay Villas. This striking 1 bed, 2 bath expanded Villa offers a breathtaking view of ocean, across sandy beaches to Honolua Bay and the breathtaking rocky shoreline below. 

 
honua kai hoku lani 510
Honua Kai - Hoku Lani #510
Kaanapali
​$1.469M (FS)
This spacious 2 bed, 2 bath home, is located on the Southern side of the Hokulani tower. Enjoy both fabulous ocean views and mountain views from your lanai. This home participates in a very successful rental program. Bosch kitchen and laundry appliance package. Sleeps 6 comfortably. 


 
Wailea beach villas phm111
Wailea Beach Villas #PHM111
Wailea

$2.279M (FS) 
Enjoy this elegant and gracious luxury residence in the ocean front community of Wailea Beach Villas. This 2 bed, 2 bath plus Den (3rd sleeping area) provides partial ocean views from the single level ground-floor villa-unit of the Penthouse Building. This spacious open floorplan with large gourmet kitchen/great room, a versatile den/office with murphy bed, gifts the comfort of a 3rd bedroom.
 
polo beach club 708
Polo Beach Club #708
Wailea

$2.299M (FS) 
Polo Beach Club offers so much that is unique and incomparable. Here stands a sturdy, enduring building, mere steps from the sandy shore. Every one of the 71 2 bed, 2-bath units features wonderful ocean and outer island views, with spacious covered lanais we can live on.

 

 
Vacation Condos Under $1M

kihei holiday 214
Kihei Holiday #214
Kihei

$389K (FS) 
Sunset, ocean view, vacation rental bookings, all ready for a new Owner. Kihei Holiday is located right across from desirable Sugar Beach, it is the longest stretch of sandy beach on Maui. 2 AC units, newer furnishings throughout that will impress your guests. Swimming pool, storage for kayaks and paddle boards and let's not forget this building allows pets. 
 valley isle resort 204 
Valley Isle Resort #204
Kahana
$448K (FS)
Valley Isle Resort is a low density development located on Kahana Bay, half way between Kaanapali and Kapalua. Unit 204 is a 1 bed, 1 bath corner unit, easily accessible by elevator or stair case. Great ocean views from the kitchen, living room and master bedroom. Year round mesmerizing sunsets. 
grand champions 121
Grand Champions #121
Wailea

$554.9K (FS)
This conveniently located ground floor 1 bed, 2 bath condo offers an incredible value in Maui's most sought after resort community, Wailea. Being a fabulous corner unit, you have a larger wrap-around lanai to soak in the beautiful Maui sunshine and extra windows on the interior to bring more light in. The lush tropical landscaping offers plenty of privacy for you or your visiting guests. 

 
Mahina Surf 227
Mahina Surf #227
Kahana​
$795K (FS)
Unit 227 is a prime location at the Mahina Surf, a low density (only 56 units) oceanfront tropical paradise. Discover the relaxing and uncrowded atmosphere that keeps guests coming back year after year. This second floor 2 bed, 2 bath condo has spectacular views of sunsets, lush landscaping, tropical foliage, and exceptionally manicured grounds. 


Residential Condos

iao parkside 22-205
Iao Parkside #22-205
Wailuku

$275.6K (FS)
Bank Owned - Cute 3 bed, 2 bath condo in Iao Parkside close to shopping and schools. 

 
  haleakala gardens 4f 
Haleakala Gardens #4F
Kihei
$299K (FS)
Panoramic views of Haleakala and a fantastic location just a block to the beach. Bright 2 bed, 2 bath upstairs unit with a renovated master bathroom. High vaulted ceilings create an open feeling with lots of natural light.
 
kai ani villages 10-204
Kai Ani Villages #10-204

Kihei
$529K (FS)
 All the bells and whistles with this beautiful 2 bed, 2 bath condo located in the heart of Kihei at Kai Ani Village. Owner pride shows throughout this home. Meticulously maintained. Gorgeous granite counters in the kitchen and bath. Unit includes stainless steel appliances, split a/c units, and professional interior designer furnishings. 
 


Vacant Land

1 Kapalua
1 Kapalua Place

Kapalua
$11.9M (FS) 
Beachfront, Kapalua, 1.7 acres.  A rare opportunity to own one of the last remaining beachfront lots in West Maui, and the only remaining vacant beachfront lot in Kapalua. This unusually large estate is in walking distance to world-class golf, spa, tennis shopping and the finest restaurants Maui has to offer.

 
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

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