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| Issue 327 | June 9th, 2009 |
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| Aloha ,
In this newsletter:
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Historic Kipahulu
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Market UpdateReal estate sales perk up, but still below 2008 levels. It is the old story. Do you see the glass as half empty or half full? Being the optimists that we are, we like to view it as being half full and getting fuller every day. We are also realists, too, so we don't deny the fact that prices are still soft. It is at times such as this, when prices are soft and foreclosures abound, that you will find your best deals. We are cautiously optimistic that sales will continue to increase through the summer. It certainly appears that way from our limited perspective, as we have been extremely busy writing offers and opening new escrows during the last several weeks. Have a wonderful week. Mahalo Nui Loa, The Smith Team P.S. Would you like to get away to Maui? Prices for vacation condos and hotels are way down, so why not come and enjoy our beautiful Island paradise. If you need help or suggestions as to where to stay, please don't hesitate to contact us.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for June 8th, 2009
| Active | Pending | Sold | Change | |
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| Homes | 1002 (420) | 157 (20) | 730 (122) | -5 |
| Condos | 1549 (300) | 146 (11) | 562 (123) | -28 |
| Land | 625 (181) | 43 (19) | 79 (29) | +2 |
| Total | 3176 (901) | 346 (50) | 1371 (274) | -31 |
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1. The numbers in parentheses reflect the number of listings over $1M |
 3894 Mahinahina Street Honokowai $1.299M (FS) |
Magnificent ocean views, spectacular Maui sunsets and a spacious open living area accent this tastefully upgraded Mahinahina pool home. There are numerous upgrades, which include solar water heating, granite counter tops, cherry wood cabinets. This property is located just minutes from historic Lahaina Town, and walking distance to one of Maui's best surfing beaches. Buyers may choose to explore the option of returning the property to a bed & breakfast operation.
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New construction with approximately 4,000 sq. ft. of beautiful indoor and outdoor living. All living areas have been designed to enjoy the beautiful view plane. Features of this home include the porte cochere entry, African sapele mahogany floors, 8 ft. doors and pocketing walls of sliding glass enhancing the indoor/outdoor island lifestyle. You will enjoy the impressive 10 ft. plus ceilings with cove lighting set against Imperial Plaster walls and a gourmet kitchen with the finest appliances and an abundance of handsome granite counters. |
 26 Hoonani Street Kihei $399K (FS) |
Short sale. North Kihei home & cottage near the beach. Plantation style home with 3 bd, 2 full baths, large kitchen, living room, carport, and plenty of storage room.
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Short sale. 3 bedroom 2 bath home and a two bedroom one bath cottage. Fixer upper with good potential. Located walking distance from Haiku Cannery. Just minutes away from Hookipa Beach Park and Paia Town. |
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 3203 Luahine Place Haiku $525K (FS) |
This delightful, original Plantation home has been lovingly restored and remodeled from top to bottom. A 2 story addition includes large Dining room, eat in kitchen area, upper level Master bedroom and bathroom with deep soaking tub. Step out of bed and walk out to the ocean view lanai to check out the early morning surf conditions.
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 200 Puumakani Street Kahului $749K (FS) |
This home is the jewel of the neighborhood. Custom built with strict attention to detail, this single level, 4 bedroom 3 bath home with 2 car garage boasts many upgrades. Soaring ceilings, freshly painted, each room wired for audio with individual volume controls, solar heating system, instant hot water recirculation pump, water softener, purified water system, security system, two AC systems (4 tons each).
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 281 Kulamanu Circle Kula $799K (FS) |
Gorgeous bi-coastal views and a stunning natural backdrop are yours to enjoy from this immaculate 4 bedroom, 3 bath home located at The Ridge at Kulamanu. The property is set along a natural gulch and the open space of ranchland, creating ultimate in privacy and views. The entry level offers living and dining room area with hardwood floors and wood burning fireplace and leads out to a large covered lanai that overlooks the gulch and terraced yard.
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 3309 Keha Drive Kihei $875K (FS) |
Beautiful ocean views from the top of Maui Meadows, this A framed cedar home has been tastefully remodeled with new appliances, flooring, bathrooms, interior siding and much, much more, 3 bedrooms 2 baths upstairs and a studio/bathroom downstairs. The cottage was also redone in late 2003, 1 bedroom plus loft and 1.5 baths.
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Ho'olei T6
Wailea $1.8M (FS) |
Relax in this 3,076 sq. ft. 3 bedroom, 3.5 bath Ho'olei condominium. Ho'olei offers a unique fusion of tropical beauty and luxury lifestyle awaiting you in the heart of Maui's most sought after resort area, Wailea. For those seeking the privacy of an upscale residence with the ease of a condominium, the exclusive Ho'olei in Wailea, Maui offers the utmost in modern luxuries, a stunning, natural backdrop and lavish resort amenities. |
 Kihei Kai Nani #128 Kihei $194.9K (FS) |
Bank owned. Handyman / fixer upper special.
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 Kihei Garden Estates G-105 Kihei $225K (FS) |
Short Sale. Beautiful new tile floor adds to this great location in this quiet centrally located Kihei complex. Ground floor unit close to the pool in a complex that allows cats, fish and birds. Walk to the beach, bank, shops and more. One bedroom unit comes furnished with a one year basic buyers home warranty. |
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 Lauloa #202 Ma'alaea $333.3K (LH) |
Short sale. 2 bd. 2 bath Lauloa at Ma'alaea is an ocean front heaven. Watch the whales frolic and play after a hard day at work. Vacation rental income is available or live and love life on Maui local style.
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 Maui Ka'anapali Villas B-126 Ka'anapali $349.9K (FS) |
Best price on the beach. Prime Ka'anapali beachfront resort. Perfect white sandy beach just north of Blackrock. This spacious 12 acre property has the feel of "Old Hawaii", featuring 2 brand new swimming pools, jacuzzi spas and gas bar-b-ques. Beachside restaurant and bar on site including-convenience store, exercise and spa facilities.
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 Hale Kai #213 Honokowai $359K (FS) |
You know about direct oceanfront property, but did you know there is an affordable direct oceanfront property? As you can see from the photos, this lanai puts you right on the water. The sunsets, the sound of the waves crashing and whales virtually in your front yard can all be yours at an unheard of price.
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 Luana Kai D-304 Kihei $475K (FS) |
Bank approved short sale at list price. Best deal in North Kihei. Remodeled 2 bedroom oceanfront condo. The views don't get any better than this. Tile floors, granite countertops & new furniture.
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 Mount Thomas #302 Wailuku $224K (FS) |
Bank owned. Remodeled 2 bd. 2 bath unit with ocean and mountain views. Everything upgraded from the floors, cabinets, to the bathrooms. Close to the Maui Arts and Cultural Center, Maui Community College and shopping centers. The building is secured and has a designated covered parking stall. |
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 Ma'alaea Mermaid #301 Ma'alaea $300K (FS) |
Elegant architecturally remodeled 1 bd. 1 bath condo with polished Jurassic limestone floors, granite kitchen tops, stainless appliances and custom cabinetry. The total package - gorgeous throughout. |
 353-A Kenolio Road Kihei $249.9K (FS) |
Bank owned. Vacant land priced right. North Kihei location on a flag lot. Close to beaches and parks, walking distance to school and public bus stops. |
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 Papa'anui Lot 4 Makena $1.295M (FS) |
Overlooking beautiful Makena Bay, a rare opportunity exists for a fortunate few…Makena’s newest subdivision, Papa’anui at Makena Landing presents a unique opportunity combining generous homesites in a rustic setting. Experience spectacular views of the ocean and majestic Mt. Haleakala. Located on Maui’s southwestern coastline, these seven luxury homesites are surrounded by the prestigious Makena Resort and prominent Wailea Resort. |
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