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Issue 575 February 25th, 2014

Aloha ,

In this newsletter:
 

REO
All Properties
New  Properties

Price Reductions

Short Sales
Homes
Condos
Land
New Properties
Price Reduction



North Shore
Oceanfront Estate
23  5 Waa Place
23 & 5 Waa Place
Kuau
$10.75M
Customer Listing Synopsis

Market Update

Our team specializes in general sales.  Normally, we do not do property management; however, we are frequently asked about rentals and we normally recommend that people check out listings on Craigslist, ask a property management company, or view ads in the Maui News.
 
Today's rental market on Maui is very limited and if a rental is priced well, there are a ton of prospective tenants filling out applications for the same property.  If a property is priced too low then it might be a scam. 

Number one rule is that if it sounds too good to be true, it usually is.  We've noticed that sometimes a scammer will use property photos of a listed property online and pretend that they are the landlords renting that unit.  

Since Craigslist is a popular site to look at rental  housing availability on Maui, we want you to learn how to avoid Craigslist scams.
 
Here are some more tips from Craigslist about avoiding scams.
 
  • Deal locally with folks you can meet in person.
  • Never wire transfer funds via Western Union or Moneygram
  • Fake cashier checks and money orders are common.
  • Craigslist is not involved in any transaction.
  • Avoid deals involving shipping or escrow services.
  • Do not rent housing or purchase goods sign unseen.
  • Do not submit to credit or backgrounds checks until you have met the landlord in person.
Read more.

Have a wonderful week.

Mahalo Nui Loa,

Melissa for The Smith Team

Ken, Melissa, Greg, and Jeremy

P.S. - The new beachfront resort development in Kaanapali, Honua Kai, will be raising their prices after February 28th.  They released 14 homes that were scheduled for a price increase and within 2 1/2 weeks, 9 were under contract.  Contact us if you are interested in this development and want more information.
 
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for February 25th, 2014

 
Active
Pending
Sold
Change
Homes
592 (302)
214 (34)
984 (181)
+12
Condos
739 (177)
278 (28)
1352 (184)
-3
Land
364 (120)
48 (7)
223 (28)
-4
Total
1695 (599)
530 (69)
2559 (393)
+5
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

3120 Waakea Place
3120 Waakea Place
Wailea

$
1.6M (FS)
This beautifully remodeled home is only a short 2-3 minute stroll to the inviting white sands of Keawakapu Beach. When you feel like relaxing at home the thoughtfully designed pool area offers a soothing oasis.
 
4372 W. Waiola Street
4372 W Waiola Street
Wailea

$2.5M (FS)
This immaculately cared for single story 3 bd. / 3.5 bath home located in the prestigious gated community of Wailea Golf Vistas. Just a short stroll to the Wailea Blue Golf Course will have any golf enthusiast excited of its close proximity.
1630 Olinda Road
1630 Olinda Road
Olinda

$
2.975M (FS)
Exquisite custom home with magnificent bi-coastal ocean & serene pasture views. Close to Seabury Hall & charming Makawao Town. Unparalleled detail & craftsmanship throughout. Waterfall cascades into beautiful pool & off the lanai. Incredible “chef’s dream” kitchen with a large mango wood topped island, commercial grade Wolf range, 2 dishwashers, 2 sinks, built-in full refrigerator, separate freezer, exquisite custom koa cabinets, built in desks, & mango floors.
 

Homes Under $1M

56 Leiei Street
56 Leie Place
Haliimaile

$299K (FS)
Short Sale. Bring this property back to its original plantation style. Built as the Hailiimaile Community Center, this home features high ceilings and a large open living space. 9,000 sq. ft. lot borders a gulch giving it privacy not available in homes at this price point. Survivalists welcome as there is a bomb shelter in the backyard.
203 Mahina Street
203 Mahina Street
Kihei

$520K (FS)
Well maintained home by original owner. Manicured fenced in yard with manually operated sprinkler system. House is equipped with solar water panels.
 
35 Manuahi Place
35 Manuahi Place
Haiku

$549K (FS)
This house has been renovated with a new kitchen and large master bedroom and bath area complete with dual sinks, Silestone counter tops, a skylight, and tile flooring. Nice office off of the mud room. Just a short walk to Haiku town-and a quick seven minute drive to Hookipa Beach Park.
114 Miha Place
114 Miha Place
Kihei

$565K (FS)
Short Sale. Near the end of a lovely cul-de-sac, this property offers privacy yet is conveniently located near the Kukui Mall and Kalama Beach Park. A few features include vaulted ceilings in the main living room and ohana, fenced back yard, side yards and concrete walkways around the property from gate to gate. The post and pier ohana was built in 1990 which contains steel framing and stucco exterior.
1765 Haiku Road
1765 Haiku Road
Haiku

$675K (FS)
Short Sale. This single family home and cottage is nestled in a great Haiku location at Haiku and W. Kuiaha Roads.
 

Vacation Condos Over $1M

Wailea Elua 2201
Wailea Elua #2201
Wailea
$1.599M (FS)
Remodeled in 2006 this unit is ready to move in as your second home or rental property. Elua is a gated community, extremely popular and units don't come up very often. 2201 has a very private feeling with ocean view as your sit on your lanai surrounded by wonderful landscaping.
Honua Kai 551
Honua Kai #551
Wailea
$3.999M (FS)
This amazing 5th floor frontline 3 bedroom 3 bath customized home is one of the finest at the Honua Kai Resort & Spa.
 

Vacation Condos Under $1M

Koa Resort 4J
Koa Resort 4J
Kihei

$315K (FS)
Great complex with outstanding amenities which include 2 tennis courts, huge pool, and only 54 units on site.
Kihei Akahi C306
Kihei Akahi C-306
Kihei

$339K (FS)
This unit is nicely upgraded with a great location for ocean and mountain views. Quick stroll to the barbecue, pool, and ocean.
Grand Champions 183
Grand Champions #183
Wailea

$504.9K (FS)
Bank Owned. Great location in the Wailea community of South Maui near shopping, dining, public facilities and sandy beaches.
 

Residential Condos

 
Iliahi at Kehalani  7A
Iliahi at Kehalani 7A
Wailuku

$329.9K (FS)
Bank Owned. Nice size corner unit with fabulous panoramic ocean  / mountain views from the master suite bedroom. All three bedrooms are upstairs. Half bath, living room kitchen and dining room are downstairs.
 
 
Na Hale O Makena E 101
Na Hale O Makena E-101
Makena

$1.385M (FS)
A signature gated community in Makena with only two units on each floor. Sheer elegance as you enter through the handsome ohia wood doors. Beautiful travertine in earth tones. Vanilla white Snaidero kitchen, with Sub-Zero, Wolfe, and Thermidor appliances. A spacious master bedroom with plantation shutters opens onto the lanai and a perfect master bathroom
 
 

Vacant Land

1955 Kauhikoa Road
1955 Kauhikoa Road
Haiku

$1.4M (FS)
Looking for a piece of paradise to build your dream home and life style on, with all the amenities of island living? Then come discover this unique 36 acre agriculturally zoned parcel. This tropical oasis is situated on the mountain (mauka) side of Hana Hwy. You have several 'bests' of Maui in your sights. Enjoy beautiful panoramic ocean views of the famous North Shore, stunning views of Haleakala and the majestic West Maui Mtns.
 
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

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