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| Issue 303 | Dec 23rd, 2008 |
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| Aloha ,
In this newsletter:
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Market UpdateAt the end of each month, Terry Tolman, Chief Executive Officer for the Realtors Association of Maui, compiles statistics for that month as well as year to date and 5 year historical data. Here is a link to the November report along with his commentary. It should come as no surprise that November sales were down sharply reflecting turmoil in the financial and credit markets during September and October. With rates dropping sharply and the credit markets loosening up, we are noticing a sharp pick-up in sales this month that will reflect in the February report. We wish you all a very Merry Christmas and Happy Chanukah.
Mahalo Nui Loa, The Smith Team 
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for December 22nd, 2008
| Active | Pending | Sold | Change | |
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| Homes | 1078 (460) | 86 (15) | 916 (161) | +4 |
| Condos | 1691 (364) | 100 (15) | 795 (221) | +53 |
| Land | 570 (182) | 14 (6) | 98 (37) | +12 |
| Total | 3268 (990) | 199 (39) | 1836 (418) | +69 |
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1. The numbers in parentheses reflect the number of listings over $1M |
 3005 Aina Lani Drive Pukalani $1.125M (FS) |
This noble and refined residence in Kulamalu beautifully merges contemporary craftsmanship with the architectural sensibilities of the classic Hawaiian plantation homes of yesterday. One of the grandest offerings in Kulamalu, this 3-Bedroom split-level home sits on just under a 1/3 of an acre. Stately Norfolk Pines and a gated fence border the adjacent 7th tee of the Pukalani Golf Course.
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 117 Hakui Loop Ka'anapali $1.295M (FS) |
Beautiful home in best location on Ka'anapali Hillside. Incredible ocean views with all the privacy of the West Maui Mountains behind you. Awesome floor plan with Master suite on top floor of 2,000 sq.ft. with 3 bedroom 2 bath, family room, and sauna room on lower level all with own entries. Many upgrades throughout.
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 166 Omaikai Place Kahana $1.55M (FS) |
Situated at the end of a long cul de sac, large lot with two story home and cottage featuring stucco, travertine and granite finishes, murano glass, Wolf ovens and cooktop and much more. No owners association or maintenance fees.
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 39724 Honoapiilani Highway Olowalu $3.95M (FS) |
Fabulous beach front estate with direct access to over 430 feet of beach frontage on almost an acre of land. Truly one-of-a-kind location and view of three outer islands. This is one of the most beautiful tropical beachfront properties you may ever see. Home is beautifully furnished and gourmet kitchen makes entertaining a breeze.
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 293 Hoohie Street Kihei $439K (FS) |
Bank owned. Clean home with upgrades including beautiful kitchen cabinets, granite counters, stainless steel appliances, tile flooring, upgraded bathroom vanity cabinets with solid surface counter tops and integrated sinks. 3 bd. 2 bath upstairs. 1 bd. 1 bath area downstairs could be used for mother in law, visitors, office, or as an extra family room. |
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4 bedroom 3 bathroom ocean view home with ohana / cottage possibilities. Remodeled in 2006 lots of outdoor deck space for Maui living. Located on acul de sac with open floor plan. Owner Financing Options are available |
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 2663 Akalani Loop Pukalani $649K (FS) |
Quiet, secluded & private cul de sac setting. This Pukalani home has ocean and golf course views. 2 story home offers 3 bedroom 2 baths upstairs (approx 1560 sq. ft.) plus 1 bedroom 1 bath attached ohana guest quarters (approx 600 sq. ft.) downstairs.
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 206 Kulamanu Circle Kula $849K (FS) |
Enjoy panoramic ocean views from this high quality custom home in sought after Kula. The design was well thought out to take full advantage of the bi-coastal expansive views. Three of the four bedrooms have their own private baths allowing many living options. The property has been meticulously maintained.
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Wailea Elua #2001
Wailea $1.365M (FS) |
Lovely, fully furnished and newly painted 2 bedroom 2 bath ground floor unit. Ocean view from the large, private lanai surrounded by tropical fauna. The gated Wailea Elua Village now has a beautiful newly remodeled large pool pavilion and a new workout facility. A wonderful island retreat. |
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Kapalua Ridge 2723-24
Kapalua $1.4M (FS) |
The best view and location at The Ridge at Kapalua Resort. Spectacular 180 degree ocean view with Molokai and Lanai in the background greets you as you enter the dramatic, stylish living room. Nearby you will find a high-end gourmet kitchen with granite counters, tile floor, custom cabinetry, stainless steel appliances and a large welcoming breakfast bar. |
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Makena Surf B-107
Makena $3.75M (FS) |
Simply the best location in the complex. This ground floor unit sits only steps from the beach, steps from a pool and steps to parking. The view begins as you walk in the front door and expands and expands and expands until you get to a 180 degrees view from the living room and lanai. |
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Short sale. Large and newly renovated studio unit in a quiet property directly across the street from the ocean. Stainless steel appliances and dark cherry cabinets. Located 18 steps from a sauna, Jacuzzi and swimming pool. It's like having your own Jacuzzi right in your back yard! Plus lots of foliage around the lanai to insure your privacy.
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 Kamaole Sands 5-104 Kihei $375K (FS) |
This ground floor unit is located adjacent to the swimming pool in Building 5 ,which faces the ocean in the courtyard of the complex. Wonderful location with garden views and privacy. Step off your lanai and enjoy the expansive lush garden area outside your unit. One of South Maui's greatest beaches is a very short distance across the street.
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 Aina Nalu D-207 Lahaina $399K (FS) |
Best location at Aina Nalu. Completely renovated and remodeled this boutique resort is located in the heart of Historic Lahaina Town with nine prime acres of land providing an abundance of on-site parking for owners and guests. aina nalu is located just one block from world-famous Front Street, a shopping and restaurant Mecca and two blocks from Lahaina Harbor with its many boating activities and beaches.
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 Maui Kai #106 Ka'anapli $419K (FS) |
Beautifully upgraded oceanfront studio. Just steps to the sand of North Ka'anapali Beach. Excellent rental program on-site. Sold furnished.
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 Kauhale Makai #34 Kihei $699K (FS) |
Buy the very best. Over $100K in upgrades plus the meticulous time and effort to do it right. Custom kitchen and bath. Plasma TV nestled into the designer entertainment center with loads of storage space. Two lanais for watching whales and sunsets over the West Maui mountains.
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 Kihei Shores E-109 Kihei $250K (FS) |
Short sale. It's a 3 bdr South Kihei Condo, just across the street from Kamaole Beach III. Live the Maui Lifestyle. Relax in the pool or spa. Just a short distance from beaches, shops, and restaurants.
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 Villas at Kehalani #903 Wailuku $479K (FS) |
The Villas at Kehalani will be a 17 acre community of 103 luxury town homes in 30 buildings located in the Master-Planned community of Kehalani. These elegant homes will feature stucco siding and tile roofs and include a 2 car enclosed garage. Many units will have spectacular ocean views which can be enjoyed from your private covered lanai. This is a taste of Wailea in picturesque Wailuku.
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 10 Pua Niu Way Lahaina $798K (FS) |
Spectacular sweeping ocean and mountain views on OVER 4 acres w/ grading complete and plans / permit in place for main house. This lot was one of the first to be chosen in Phase IV of the development because of its unobstructed views.
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 104 Honolua Place Kapalua $1.295M (FS) |
This is an incredible location and price for a lot that looks directly at Honolua Bay. This is a 3 lot gated cul-de-sac sitting back behind the bay. This is truly a paradise getaway with wonderful views of the surf.
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 Papa'anui Lot #5 Makena $1.5M (FS) |
1 of 7 lots offered by Developer. Lot #5 is just steps away from the waters edge. Serene waters of Makena Landing are the ideal setting for water activities such as kayaking, scuba diving, paddle-boarding and snorkeling. Photos may be architectural conceptions.
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