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Aloha ,
Market Update
It has been about 60 days since we rolled out our new Website, and hopefully you are enjoying some of the new features such as Map Search, Walk Scores, and detailed information on almost every condominium on Maui.
If you haven't had a chance to take our website for a test run, we'd really appreciate if you would do so, and give us your honest feedback. If there are any features you'd like us to include on our next update, please let us know.
In regards to the market, not much has changed lately. We are continuing to see bidding wars over competitively priced listings with prices often going above previous high marks. As the prices go higher, we expect to see more Sellers wanting to list their properties, so this should bring the market back in to a better balance.
Mahalo Nui Loa,
Greg, Melissa, Ken, and Jeremy
P.S. - Oceanfront property on Maui for under $1 Million. Yes, this beautifully upgraded 2 bedroom 2 bath popular vacation rental condo at Maalaea Kai #305 was recently reduced to $579K (Fee Simple). Click here for more details including Virtual Tour.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
Market Watch for February 4th , 2013
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Active
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Pending
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Sold
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Change
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Homes
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495 (292)
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234 (29)
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948 (121)
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+2
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Condos
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822 (194)
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271 (19)
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1212 (91)
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+2 |
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Land
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395 (113)
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49 (8)
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175 (17)
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-3
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Total
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1712 (599)
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554 (56)
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2335 (229)
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+1
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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.
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Homes Over $1M
124 Pulelehua Place
Kapalua
$2.98M (FS)
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This spectacular residence designed by Kollin/Altomare architects is nestled along the 13th fairway of the Kapalua Bay Course. Water features and a serene landscape greet you as you enter, with the home opening up to take in the stunning ocean views and tropical gardens. Pocketing doors open to spacious lanais which surround the pool and spa. Casual elegance marks every detail of this designer furnished home with travertine floors and African mahogany details.
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39724 Honoapiilani Highway
Olowalu
$4M (FS)
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Fabulous beach front estate with direct access to approximately 429 feet of beach frontage on almost an acre of land. Truly one-of-a-kind location with views of three outer islands. Imagine canoe paddling, boating, snorkeling, swimming and diving from the beach right in front of your home. Home is beautifully furnished and the ocean view gourmet kitchen makes entertaining relaxing.
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18 Ua'lei Place
Makena
$5.9M (FS)
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Short Sale. Word class luxury and comfort are realized in this one- of-a-kind estate in the prestigious Makena gated community of One Palauea Bay. This home is designed to integrate a natural environment and gracious island style living. Custom designed to fit your contemporary and island lifestyle. The property is being sold “As-Is,” with construction to be completed by the buyer.
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292 Akaulu Way
Makena
$7.3M (FS)
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Located at the highest point in the most prestigious gated community of Wailea Highlands, the designer of this (new in 2008) 4 Bdrm luxury custom estate home created the ideal floor plan to take advantage of the breathtaking panoramic views. All of the main living areas are perfectly placed so that they are all on the upper level flowing directly onto a large lanai that in turn flows to an infinity pool and then onto breathtaking panoramic ocean views.
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Homes Under $1M
345 Lokelani Street
Pukalani
$350K (FS)
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Short Sale. 4 Bedroom / 2 bath Pukalani home with attached 1 bedroom ohana.
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16 Hea Hea Place
Wailuku
$575K (FS)
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Bank Owned. Property is located above Waihee Town in a 7-lot ag subdivision and accessible off Kahekili Hwy via Kuhinia Street. Property is a corner lot and has installed county water meter and a separate non-potable water system for ag use and managed by a private water company. Utilities are underground. There are no homeowners association, no maintenance fee except for the non-potable water amounting to $159.00 a month, and no CC&Rs.
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2566 Haupoa Place
Haiku
$649K (FS)
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Short Sale. This is a well established agricultural property. Great opportunity for anyone wanting to farm in green houses or wanting a property to grow their landscape business. The property has a 576 sf ohana, 7 greenhouses, slab on grade for shade houses, a warehouse, a floral refrigerator, fertilizer injector and rolling benches. Outstanding location off Kokomo Road. There are endless possibilities and to top it off, it has a 2” water meter.
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50 Kaukini Loop
Wailuku
$725K (FS)
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Unreal ocean views from this beautiful house and cottage on over 2 private acres in Maluhia Country Ranch Estates. The flowing floor plan of the single story home offers 2 master suites, gourmet kitchen and a large living-dining area opening to the beautiful front lanai. This home is a very special U-shape design with a large courtyard facing the gardens in the back of the home.
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4495 Une Place
Haiku
$995K (FS)
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Haiku estate situated in quality subdivision just above the Hana Highway with panoramic 270 degree ocean and Haleakala views. Quiet, hillside cul de sac street. This home is a must see, total interior remodel has been done on the 5,050 sq ft. Twin masters with vaulted ceilings. All new bathrooms in Travetine and glass tile with unique vessel sinks. Gourmet kitchen with all new cabinetry, granite and stainless steel high end appliances. Beautiful wide plank solid koa wood flooring throughout.
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Vacation Condos Over $1M
Wailea Beach Villas PH410
Wailea
$3.199M (FS)
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Oceanfront Luxury. This fully furnished 4th floor 2 bedroom 2 bath Penthouse unit offers unobstructed Ocean and Outer Island Views. Dramatic oversized doors open to a spacious lanai. Well appointed kitchen designed and built by Studio Becker. Sub Zero refrigerator, Gaggano cook top, Viking exterior BBQ and more. Travertine flooring, granite/marble counter tops and limestone/marble bathrooms are just some of the interior finishes.
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Vacation Condos Under $1M
Kuau Plaza #105
Kuau
$315K (FS)
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This nicely furnished 2 bedroom vacation condo is very popular with Maui visitors and can now be yours. All the benefits of North Shore living with the convenience of a condo lifestyle, so you can lock up and leave anytime. Walk to the sweet little sandy beach in front of Mama's Fish House Restaurant, where you can even launch your windsurfer.
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Kamaole Sands 4-208
Kihei
$349.7K (FS)
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This stunning 1 bedroom, 2 bathroom unit has a large tiled lanai and was recently remodeled with solid cherry wood custom cabinets, granite counter tops in the kitchen and bathroom, brand new appliances, flat screen TV's,bBlue ray DVD players, Delta faucets, california king high end mattress with quality linens, and new furniture throughout. Kamaole Sands is a very popular vacation rental complex in South Kihei.
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Napili Point B-22
Napili
$495K (LH)
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A beautiful one bedroom one bath unit located right on Honokeana Cove. Wonderful ocean and sunset views. Unit is in an owner direct rental program and is heavily booked. All existing bookings and web site will go to new owner.
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Palms at Wailea #403
Wailea
$674.9K (FS)
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This larger "C" floor plan is a tastefully appointed 2 bedroom, 2 bath condo at one of south Maui's most desirable vacation destinations. Small ocean views from 3 main rooms, many new furnishings including matching Italian leather sofas and dining chairs that respect the architect’s original design.
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Wailea Ekolu #305
Wailea
$849K (FS)
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Look no further. This is a must-see for anyone looking for first class luxury, views, and location. Exquisite two bedroom, two bath Wailea Ekolu condo on the 15th fairway of Wailea’s Old Blue Course. Luxurious features include extensive granite and marble throughout, “soft-close” solid cherry wood cabinets in kitchen and master bath, surround sound with intelligently placed soundproofing, decadent, rich plaster walls, and much more.
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Residential Condos
Iao Parkside 12-202
Wailuku
$169.9K (FS)
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This extra large 2 bedroom 2 bath clean, quiet upgraded corner unit conveniently located in Phase I of Iao Parkside in the quaint town of Wailuku. This unit offers one of the biggest 2/2 floorpans available in this development with an extra large master bedroom. Some upgrades include monkeypod cabinets, 2 a/c units, aftermarket flooring, window coverings, newer carpet, and screened in lanai.
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Villas at Kenolio 16E
Kihei
$269K (FS)
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Short Sale. Great opportunity, come see this exceptional second floor 2 bedroom, 2 bath, plus a spacious loft condominium. This unit is located in the shady side of the complex, great Halekala views. Spacious floor plan with vaulted ceiling.
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Hokulani Golf Villas #23
Kihei
$1.287M (FS)
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Hokulani Golf Villas offers a low density foot print in a gated community with elegant interiors, great ocean views, golf course setting and a large covered lanai. This 2 story home sitting on the 18th fairway of the Elleair Golf Course has nearly every upgrade, not to mention a very nice ocean view. Mahogany cabinets, railing and entry doors. Italian Porcelain tile flooring interiors and lanais.
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Makena Place #10
Makena
$10.828M (FS)
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Magnificent oceanfront home in an exclusive gated community. As you enter through the grand entrance of this home, you are instantly amazed with the spectacular ocean views and gentle sounds of the surf. This two story four bedroom home offers spacious living with an unmatched tropical oceanfront experience. This corner end lot home offers not only privacy but also very close proximity to the ocean. Private ocean access to launch your ocean kayak, surfboard or stand up paddle board. Makena Place offers a secure environment with on-site caretaker.
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Vacant Land
46 Mo'olu Street
Wailuku
$225K (FS)
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Short Sale. Terrific lot in Waiolani Mauka due to great ocean and mountain views. You can build a two story home and cottage on this nicely sized lot. Great location central to all of Maui. Your association dues are only $30.00 a month.
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