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Issue 670 December 29, 2015

Aloha ,


In this newsletter:
 
REO
All Properties
New  Properties
Price Reductions

Short Sales
Homes
Condos
Land
New Properties

Price Reductions

Pristine Honolua Valley
 204 Kalaunu Way 
204 Kalaunu Way
Kapalua

$4,849,900 (FS)

Customer Listing Synopsis

Market Update
 

The mortgage market expects to see many changes in 2016.  With new technology arising and marketplace lending growing it is uncertain how the housing market will be affected this coming year.

Freddie Mac predicts the 30 year fixed rate mortgage will average below 4.5% throughout the year.  Although mortgage rates are expected to move slightly higher than they have been in 2015.  


The housing industry is anticipated to grow in 2016 with an expected 16% increase in housing starts and total home sales increase of 3%.  Though home purchases increase, higher interest rates will reduce refinancing and the overall mortgage originations will be lower next year. 

Have a wonderful week,

Lindsey for The Smith Team

Ken, Melissa and Lindsey

P.S. - Beginning Jan. 1, 2016 the legal smoking age in Hawaii will be raised to 21.  Hawaii is the first state in the nation to raise the legal tobacco age from 18 to 21. 
 
Melissa Smith R (B), Ken Smith R (S)
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Market Watch

 
Active
Pending
Sold
Change
Homes
564 (327)
232 (26)
1076 (184)
+11
Condos
843 (215)
185 (18)
1202 (161)
+14
Land
368 (134)
24 (3)
155 (25)
 0
Total
1775 (658)
461(45)
2433 (373)
+25
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 Lily
20 Lily Place
Kahana

$1.070M (FS)
Looking for an amazing ocean view home in the highly sought after Kahana Ridge community? This is the one! This contemporary quality built steel construction home of 2,352 sq. ft. has 3 bedrooms 3 baths and is located at the end of a peaceful cul-de-sac and features commanding views of the ocean and islands of Molokai and Lanai.
 
3265 Kehala
3265 Kehala Drive
Maui Meadows

$1.275M (FS)
It's all about the view! Absolutely stunning ocean views from this awesome newly remodeled home on a quiet street in Maui Meadows. Fabulous Million Dollar View! 3265 Kehala is a newly remodeled (2015) home featuring all new stainless steel appliances, granite countertops, new cabinets and new bamboo flooring throughout.
 
14 Nohoana14 Nohoana Place
Wailuku

$1.2799M (FS)
Welcome to one of Maui's most spectacular view homes encompassing Mount Haleakala, Ho'okipa windsurfing beach, and Kihei. The entrance into the garden area and foyer is sure to WOW you! This 2 story 4 bedroom 3.5 bath custom home includes a spacious gourmet kitchen with granite countertops. 
 
333 Manawai
333 Manawai Place
Haiku

$1.775M (FS)
Incredible Panoramic Ocean Views! Phenomenal location overlooking the cliffs of Uaoa Bay. This North Shore Estate on 4.86 acres is immaculate with attention paid to every detail and thoughtful planning to allow enjoyment of the dramatic ocean views from multiple rooms, including the two master suites.
 
111 Mele Komo Place
111 Mele Komo Place
Lahaina

$4.8M (FS)
111 Mele Komo Place is secure, private, conveniently located, and within the Pu’unoa gated community directly above the Puamana Beach Park and downtown Lahaina. Entering the 5-acre property you immediately notice the meticulously maintained resort style landscaping.

 
 

Homes Under $1M

334 Hololani
334 Hololani Street
Pukalani

$659K (FS)
Short Sale -4 bedroom 3 bath tri level fixer home on the Pukalani Golf Course. Central valley and golf course views from many rooms. This is a bright and airy house with 3 bedrooms 2 baths upstairs and 1 bedroom and a bath on lower level. Flexible floor plan offers multi use rooms.

 
521 Kolohala521 Kolohala Drive
Kula

$995K (FS)
Designed by renowned architect, Warren Sunnland, this stunning Kula home AND ohana deliver! Unobstructed Haleakala, North and South shore as well as Five Island views! Accessible flat roof with totally unobstructed 360 degree "forever views", and mature landscaping.

 
 

Vacation Condos Over $1M

 
Kapalua Bay Villas 28-B1-2
Kapalua Bay Villas #28-B1-2
Kapalua

$1.495M (FS)
This is a beautifully remodeled 2 bedroom, 3 bath town home style unit on the bridge level of Building 28. Easy access to the unit with no steps for entry, the home offers breathtaking views from the minute you walk through the door. Interior features include stone floors, granite counter tops, updated kitchen and baths, top of the line appliances and much more.
 
Kapalua Ridge 2323
Kapalua Ridge #2323-24
Kapalua

$1.495M (FS)
Pristine condition. Beautiful Kapalua views overlooking the Bay Course, Lanai, Molokai & ocean. The unit is oriented southwest which shelters the home from strong trade winds. There are gentle breezes for extraordinary comfortable living. From the large living room and master suite, you can see winter sunset and ocean views.

 
Kaanapali Alii 4802
Kaanapali Alii #4802
Kaanapali

$2.25M (FS)
Kaanapali Alii is one of Maui’s most sought after resort condominium properties. Located on the white sandy beach at Kaanapali, the Alii is close to shops, restaurants, water activities, golf, tennis and more. Amenities at the Alii include a beautiful pool, clubhouse, fitness center, and tennis courts.

 
Makena Surf B203 2
Makena Surf #B203
Makena

$2.495M (FS)
Spectacular direct beachfront condominium in the highly-desired "B" building, perfectly situated on the magnificent white sands of Poolenalena Beach in Makena! This beautiful 2 bedroom, 2 bath unit has been upgraded to include sliding lanai pocket doors that disappear for ideal indoor-outdoor living.
 
Makena Surf E-202
Makena Surf #E-202
Makena

$2.9M (FS)
Direct beachfront residence with panoramic ocean, white sand, and neighbor island views. From the comfort of your private lanai, enjoy whale watching and spectacular sunsets while listening to the relaxing and rejuvenating sounds of the ocean. Located in the coveted "E" building, owners and their guests can step outside and put their toes in the sand.
 
Kaanapali Alii 1-903
Kaanapli Alii #1-903
Kaanapali

$3.25M (FS)
Prime 2 bedroom 2 bath 9th floor unit with unmatched Kaanapali Beach view all the way to beautiful Black Rock. Exquisitely renovated and decorated throughout. Den area has been incorporated into the living-room creating an even larger living area than it already was while still offering a third sleeping area for guests.
 


Vacation Condos Under $1M

Napili ridge 11J
Napili Ridge #11-J
Napili

$249.9K (FS)
A beautiful top floor studio in the Napili Ridge, with incredible upgrades. The sellers specifically chose this location for the beautiful ocean views, the and proximity to the crystal clear waters of Napili Bay, and the World class Kapalua Resort. Completely remodeled with features which include Mahogany kitchen cabinets and Italian elegant brown granite counter tops.
 
Kauhale Makai 208
Kauhale Makai #208
Kihei

$309K (FS)
Enjoy ocean views, stunning sunsets, whale watching and the West Maui mountains from this centrally located, beachfront retreat. The sandy beach is great for long beach walks and the adjoining park offers extra space to play and tennis courts. Kauhale Makai has everything for a perfect vacation rental.
 
Papakea Resort J407
Papakea Resort #J407
Napili

$549K (FS)
Fee Simple, Oceaniew, 4th floor, split level lofted unit with 2nd bathroom in loft bedroom. Nicely upgraded corner unit with large living room window.




 
Palms at Wailea 2103
Palms at Wailea #2103
Wailea

$710K (FS)
First time ever on the market! Come take a look at this well-kept ground floor 2 bed /2 bath unit at the popular Palms at Wailea! Building 21 is located at the very private corner of the complex, access from the Okolani Drive, not through the main entrance on Wailea Alanui Drive. Very short walking distance to the world famous Keawakapu Beach.
 
Maui Kamaole A-215
Maui Kamaole #A-215
Kihei

$719.9K (FS)
Breathtaking OCEAN VIEW from this desirable FRONT row , end CORNER unit in A building (right across from the ocean). New furniture in the living room and beautifully renovated in 2014 this unit is ready to be used as your dream home or vacation rental. Maui Kamaole is a South Kihei Premier condo complex with 23 acres of lush landscaping.
 


Residential Condos

Kihei Shores today
Kihei Shores #H-109
Kihei

$315K (FS)
Ground floor unit! This beautifully remodeled 2 bedroom 2 bathroom condo is located in the back of the complex in the H building. It has one deeded parking stall with plenty of other parking within the complex. Only two steps into this condo with a balcony out the back sliding doors. It has granite counter tops with gorgeous tile back splash.
Iliahi at Kehalani 19A
Iliahi at Kehalani #19A
Wailuku

$399K (FS)
Nestled at the base of the West Maui mountains, Iliahi at Kehalani is a Maui gem. Boasting 3 bedrooms, 2.5 baths, this townhouse is spacious, and comfortable. This apartment is a highly desirable corner unit. It is also on the top row of the complex and there is a large yard area off the back lanai. All 3 bedrooms are large and have plenty of space.
 
Masters 1503
Masters #1503
Kaanapali

$1.199M (FS)
Price Reduced - Extensive remodel, no expense was spared in this very private, ground floor corner unit. One of 3 buildings with only 4 units. Covered parking space. Minimal stairs, completely air-conditioned with three energy efficient split units. New natural travertine flooring inside and out, new carpet in bedrooms.
 
Kai Malu 13B
Kai Malu #13B
Wailea

$1,348,880 (FS)
Best Kai Malu featuring private plunge pool and spa with fenced yard.  Full lock and leave services including pool and spa maintenance.  Fabulous ocean views!  Enjoy these ocean and Haleakala views from upstairs master bedroom and private enclosed yard area and the very private lanai.  Guest bedroom also has ocean views.
 
 

Vacant Land

685 Olinda
685 Olinda Road
Makawao

$2.195M (FS)
Truly one of the most beautiful legacy properties on Maui boasting beautiful ocean and mountain views. Located in Fabulous Olinda, a stones throw from Seabury Hall (a private college prep school) and close to all the other Upcountry private and public schools. This forty (acre) retreat is privately located and the end of a private road.
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

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