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Issue 714 November 1, 2016

Aloha ,


In this newsletter:
 

Short Sales
Homes
Condos
Land
New Properties

Price Reductions

Exclusive Black Sands
black sand
5550 Makena Road

Makena
$11.9M (FS)

Customer Listing Synopsis



 

Market Update

Zillow estimates, called Zestimates are not always accurate.  The company acknowledges that the national median error rate of their online pricing tool is 7.9%.  This number is higher in markets where data is less accessible. 

The online tool gives buyers and sellers a nice starting point but be aware that there are many unknown factors and Zestimates are more of a guide than rule.  The algorithm uses comparable sales in the neighborhood and provides a ballpark figure that is typically off by $10K or more. 

Redfin now has their own online pricing tool as well, called a Redfin estimate.  Zillow and Redfin both emphasize that what they provide are just estimates and your real estate agent will have a more accurate price considering upgrades and individual details that are unknown to the websites.

Have a wonderful week,

Lindsey for The Smith Team

Ken, Melissa and Lindsey

P.S. - Kula I'O, the essence of Kula, is Upcountry's newest land development.  It will be a gated community of 236 acres comprised of 35 ocean view lots ranging in size from 2.5 acres to 25 acres. 

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

 
Active
Pending
Sold
Change
Homes
496 (267)
232 (47)
1051 (200)
+8
Condos
749 (175)
239 (16)
1259 (167)
-4
Land
355 (136)
44 (7)
152 (20)
 -12
Total
1600 (578)
515 (70)
2462 (387)
-8
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

1500 Malo Street
1500 Malo Street
Lahaina

$1.17M (FS)
Wonderful Lahaina beach house with huge ocean views. Fresh remodel and in excellent condition. This air-conditioned solar 4 bed, 3 bath home is in "like new" condition with monstrous ocean, Lanai and Molokai views and lots of room with a flexible floor plan, plus a 1 bed, 1 bath cottage.

 
753 Launa
 753 Launa Drive
Maui Meadows

$1.695M (FS)
Hidden gem at the top of Maui Meadows and next to ranch land. This 3 bed, 3 bath home features privacy and beautiful ocean views.  Entering the property you have a grass driveway, waterfall feature and the walkway to the home is surrounded by lush gardens. There is also a 1 bed, 1 bath cottage.
 
280 Wekiu
208 Wekiu Place
Kaanapali

$1.975M (FS)
Breathtaking ocean and bi-island views and recent upgrades in this beautifully located Summit Phase I home. The reverse “D” floor plan offers the living room, half bath and master suite on the first floor, with 4 bedrooms, 2 baths and a den on the lower level.


 
100 Ala Hoku
100 Ala Hoku Place
Kahana

$1.995M (FS)
The main house has 3 beds and 2 baths, plus a third bathroom which is located on the lanai with a separate shower stall and a private water closet room.   The property also boasts a 2 bed, 1 bath ohana attached to the main home by way of the garage.  This 2 plus acre property is located close to all that Kaanapali and Kapalua have to offer. 

 
100 Hale Hookipa
100 Hale Hookipa Way
Wailea

$2.699M (FS)
The best located home for views, privacy, and serenity in Wailea Fairway Estates. In addition to the awesome and explosive panoramas, from Haleakala to the expansive ocean, and then to the West Maui Mountains, that you enjoy daily, you also are able to conveniently stroll to the Shops of Wailea, Elua Beach, and the Andaz.  This 4 bed, 3.5 bath home has high vaulted ceilings and a heated pool.  
 
 

Homes Under $1M

 99 Laumakani 
99 Laumakani Loop
Kihei

$525K (FS)
Short Sale - Nestled in the heart of "Meadowlands" is this 4 bed, 2 bath single level home. A very short distance to Safeway, many eateries and other stores in the Piilani Shopping Center. Utilize the bike path adjacent to this subdivision to head to the Kihei Aquatic Center.

 
520 Hoolawa Road
520 Hoolawa Road
Haiku

$595K (FS)
Bank Owned - This is an outstanding home with a truly unique architectural design, made of high end materials, over-sized rooms and large mother-in-law type option possible on 1st floor. This lovely home was designed "Off the Grid" and is located in a rural setting, on the Kings Trail, with ocean views. Split air conditioning throughout.

 
138 Luakaha
138 Luakaha Circle
Kihei

$650K (FS)
Beautiful and spacious 4 bed, 3 bath family home in Piilani Villages Phase 3. Functional floor plan with the kitchen, master bedroom, living room and additional bedroom and bathroom upstairs. Downstairs there are 2 beds, 1 bath and a family room. Outside in the back yard there is a large covered lanai area perfect for family BBQ’s and gatherings.
 
2865 Puu Hoolai
2865 Puu Hoolai Street
Kihei

$744K (FS)
Located at the end of a quiet street in one of the most southern Kihei subdivisions adjacent to Wailea, this immaculate, rare 3 bed, 2 bath single level home was updated in 2014 and feels like new. Improvements include interior and exterior paint, windows and sliders, ceiling fans, solid core doors, bamboo flooring throughout, recessed ceiling LED lighting and kitchen appliances.
 
 

Vacation Condos Over $1M

 
Wailea Ekahi 39E
Wailea Ekahi #39E
Wailea

$1.275M (FS)
Set in one of Ekahi's finest locations and blessed with stunning ocean views and tropical landscaping, this private, serene, 1 bed, 2 bath condominium is your perfect getaway in Wailea. Elegantly remodeled, it features custom cabinetry, countertops, fixtures, appliances, and finishes.
Mana Kai 13
Mana Kai #410
Kihei

$1.5M (FS)
This great Mana Kai 4th floor unit is perched high above the beach for optimal views and on the mountain side of the building avoiding the hustle and bustle of the restaurant and beach. With turquoise waters and the white sands of Keawakapu Beach directly fronting the Mana Kai one could never get enough of the amazing views.
 
Wailea Elua 2305
Wailea Elua #2305
Wailea

$2.195M (FS)
Fabulous, sweeping ocean views from this ground floor wonderfully located unit.  Enjoy the spaciousness of the large lanai.  This 2 bed, 2 bath unit has been meticulously cared with renovations done in 2006 and new drapes in 2014.  Wailea Elua has always been known for its location on Elua Beach, a favorite known for its wonderful snorkeling.
 

 
Vacation Condos Under $1M

Kauhale Makai 305
Kauhale Makai #305

Kihei
$330K (FS)

Bank Owned - Large 1 bedroom in the desirable Kauhale Makai. Sit back and enjoy the wonderful ocean views and the gorgeous landscaping. Great amenities include pool, hot tub, and barbeque area. Large green space and beautiful beach footsteps away. Use as vacation rental or 2nd home getaway. Spacious living room and kitchen with good natural breezes and light.

Maalaea Kai 305
Maalaea Kai #302
Maalaea

$399K (FS)
Outstanding oceanfront condominium in beautiful Maalaea. 1 bed, 1 bath offering, terrific ocean views, excellent quiet location. Great condo for a full time resident, second home or vacation rental property. Walk to dining, shopping and Maalaea boat harbor. Absolutely stunning grounds with gorgeous ocean front pool and BBQ's.
 
Mahana 313
Mahana #313
Kaanapali

$585K (FS)
Mahana offers uncompromising ocean views, with white sandy beaches below and commanding views of Lanai and Molokai. This "A Rated" studio has recently undergone a complete renovation and rents extremely well through the front desk program. Located in one of Maui's most desirable and well maintained condominium communities.
 
Ritz Carlton Res 1301
Ritz Carlton Residences #1601
Kapalua

$948K (FS)
Unit recently completed an approximately $100k remodel including furniture, new kitchen appliances including Wolf cooktop, convection/microwave oven, Subzero refrigerator/freezer/wine refrigerator, and Bosch dishwasher.  Gorgeous ocean and mountain views from this 1 bed, 1 bath unit. 

 


Residential Condos

 Maui Lani Terraces 310 
Maui Lani Terraces #G102
Honokowai

$230K (FS)
Quaint 1 bed, 1 bath unit on ground floor of G Building in Maui Lani Terraces complex. This unit has been tenant occupied by long term excellent tenant.  All appliances included, washer/dryer in unit for added convenience. Unit comes with 1 reserved parking. Complex offers BBQ, in ground pool, work out room, walking distance to beach and shopping.
 
 
Maalaea Mermaid 313
Maalaea Mermaid #313
Maalaea

$269K (FS)
This townhouse style home with living room, kitchen and half bath on the third floor and master suite on the 4th floor is just steps from the elevator.   The kitchen has been renovated with cherry cabinets and granite countertops. The large master suite boasts a renovated master bath featuring travertine tile and maple cabinets. Each floor has a private a covered lanai.
Wailea Fairway Villas 509
Wailea Fairway Villas #A-102
Wailea

$589K (FS)
Now is your chance to live in a newly remodeled Wailea condo on the golf course for under $600K. This fantastic 2 bed, 2 bath downstairs unit has gone through a major remodel with new bathrooms, new tile flooring throughout, new central A/C, new lights and ceiling fans, new washer/dryer and just painted throughout.
 
Ke Alii Ocean Villas b101 2
Ke Alii Ocean Villas #B-102
Kihei

$759.9K (FS)
This 2 bed, 2 bath is turn-key ready with everything included to start your new home in paradise. Freshly painted throughout with new wood floors, upgraded shower surrounds, tile accents, kitchen backsplash and new appliances have been added to complete this beautiful home across the street from Kamaole Beach 1.
 
Wailea Palms 230
Wailea Palms #3802
Wailea

$930K (FS)
You will love the ocean view from every room of this well-maintained 2 bed, 2 bath condo in building 38. This unit is located on the 2nd level and feels like you are on top of the world. Spacious lanai is perfect for whale watching, barbecuing, sunbathing or enjoying the tropical Wailea breezes. Gorgeous marble flooring and meticulously clean.
 

Vacant Land

Kula Io lot 17
0 Kula Highway Lot #17
Kula

$720,750 (FS)
Kula 'I'O, the essence of Kula, the rarest of properties in the ideal elevation of Upcountry Maui offering breathtaking, panoramic ocean views stretching from Makena to Paia, across the outer islands and the West Maui Mountains. This 236 acre gated community is comprised of 35 exceptional, individual, ocean view lots.  Lot 17 is over 3.5 acres in size. 
 
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

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