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Market Update
Recently as in many other parts of the country, we've seen a rise in rents. In many cities, it is now cheaper to own than to rent. Read more.
This is also true on Maui for some properties. If you are renting, and would like to find out if it makes sense for you to buy, please give us a call.
Hope you all had wonderful Easter and Passover Holiday.
Mahalo Nui Loa,
Greg, Melissa, Ken, and Jeremy
P.S. - A good example of a property where you might be able to live cheaper than renting is 151 Hoano Place featured in this week's newsletter.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
 
Market Watch for April 9th, 2011
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Active |
Pending |
Sold |
Change |
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Homes |
636 (277) |
221 (29) |
904 (122) |
+17 |
|
Condos |
956 (180) |
277 (9) |
1155 (86) |
+22 |
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Land |
509 (113) |
31 (6) |
148 (18) |
-5 |
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Total |
2101 (570) |
529 (44) |
2207 (226) |
+34 |
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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.
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Homes Over $1M
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3279 Keha Drive
Kihei
$2.55M (FS)
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The exterior – a traditional pole house high on the hillside - the interior pure luxury. The best views I have seen from any house in Maui Meadows sweeping from Kahului airport to beyond Molokini. Stunning view from the cottage as well. Four ocean view bedrooms and four and a half baths on two levels.
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93 W Mahi Pua Place
Ka'anapali
$3.88M (FS)
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From the lanai, infinity pool, cascading water features and lava rock retaining walls of the exterior, to the hidden sapili wood sliding doors and concurrent travertine flooring, the cohesive design of this home erases any distinction between the indoor and outdoor spaces. Designed by Marc Taron, the recipient of the Building Industry Association of Hawaii's 2010 Renaissance Building and Remodeling Grand Award. Features of this home include a professional kitchen with Wolf gas cook top and hood, Sub-Zero refrigerator and freezer, Meile dishwasher and custom coffee system and Dacor double ovens.
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3885 Wailea Ekolu Drive
Wailea
$3.99M (FS) |
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Breathtaking 5 Island views from this Tim Farrington designed home located in prestigious Wailea Golf Estates on the 16th fairway of the Wailea Blue Golf Course. Year round sunset views from this superiorly constructed home built by renowned builder, James Colt. Finishing’s include travertine floors, infinity pool, outside shower, 3 car garage and expansive use of sliding doors that disappear in the walls combining both inside and outside living areas for that tropical feeling.
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Homes Under $1M
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5080-I Hanawai Street
Napili
$207.9K (FS)
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Bank Owned. This older, modest and comfy residential condo home located directly across the street from Napili Plaza offers the convenience of shopping and dinning within minutes from the front steps.
Customer Listing Synopsis
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222 Hale Kai Street
Kihei
$254.9K (FS)
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Bank Owned. Offering an extended living situation. Located is the sunny Kihei district, this home sits in close proximity to white sand beaches, shopping, dining, church and schools.
Customer Listing Synopsis
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816 Olena Street
Wailuku
$300K (FS)
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Short Sale. 3 bd. 2 bath home in Waiehu Heights with open beam ceilings and ocean and mountain views. Renovated in 2005 with new roof, flooring including wood laminate, ceramic tile and carpet, kitchen appliances.
Customer Listing Synopsis
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151 Hoano Place
Kihei
$479K (FS) |
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Check out this priced-to-sell home in South Kihei with multi-rental possibilities for home buyers wanting flexible living options. Main home offers 3 bd. 2 bath, approx. 1492 sq. ft. interior living space and 7,915 sq. ft. lot size, attached 2-car garage, custom kitchen cabinets, tile floors throughout, vaulted ceilings in great room area with open style kitchen/dining area, lots of pinewood trim accents, custom built-in cabinets in baths, bedrooms. Current rental income is $3,400/month.
Customer Listing Synopsis
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361 Kulamanu Circle
Kula
$699K (FS) |
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Short Sale. Enjoy the beautiful bi-coastal ocean views and stunning Haleakala views from this light, bright and well maintained home. Four bedrooms with an open, spacious floor plan, this home has an elegant and cheerful feeling. A large covered deck with outside gas fireplace, covered ground level poolside patio, and beautiful bamboo flooring make this a wonderful and easy living indoor/outdoor home. There is excellent curb appeal and benefits from a corner location. Large two car garage.
Customer Listing Synopsis
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Vacation Condo Over $1M
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Ho'olei J-5
Wailea
$2.7M (FS)
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Outstanding seller financing options and Whole or 50% Ownership Opportunity make this villa a very attractive selection. Perched on the 3rd row of the Hoolei Community, this spectacular villa is offered completely turn-key with a full array of custom designer furnishings and appointments. Year-round ocean views and dramatic sunsets can be enjoyed from your expansive outdoor living areas.
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Vacation Condos Under $1M
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Ma'alaea Yatch Marina 205
Ma'alaea
$74.9K (LH)
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Bank Owned. This view master is Leasehold condo, with 1 bedroom, 1 bath, 593 square foot interior and breathtaking ocean views. Desirable location on the second floor is convenient to the elevator and overlooking the pool, and above the resident manager's office.
Customer Listing Synopsis
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Kihei Bay Surf #108
Kihei
$117.5K (FS)
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Nicely appointed vacation rental with a peek of an ocean view. This studio unit with recently updated appliances could be a great vacation rental or second home.
Customer Listing Synopsis
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Kapalua Ridge #1412
Kapalua
$595K (FS)
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Looking for a Great Value at The Ridge located at The Kapalua Resort? Ridge 1412 is the best value of all. Unit is in perfect condition. The property is located adjacent to the 8th hole of the Kapalua Bay Course with primary views out to the ocean and overlooking The Ironwoods.
Customer Listing Synopsis
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Whaler #469
Ka'anapali
$700K (FS)
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The Whaler is conveniently located on the world-renowned Kaanapali Beach. This 1 bedroom/ 2 bath suite at The Whaler on Kaanapali Beach is generously sized, with approximately 905 square feet living area and over 200 square feet of a covered lanai space. The Whaler at Kaanapali Beach has expansive views of the Pacific Ocean, world-famous Black Rock, and the islands of Lana’i and Moloka’i.
Customer Listing Synopsis
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Residential Condos
Maui Lani Terrace F-206
Honokowai
$109K (FS) |
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Bank Owned. Maui Lanai Terraces in conveniently located to near by shopping and restaurants, a five minute drive to Kaanapali beach's. This one bedroom is a great opportunity for a first time home buyer or investor.
Customer Listing Synopsis
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Napili Villas #1
Napili
$268.2K (FS) |
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Short Sale. Best priced unit in complex at time of listing. Private, Well maintained corner Unit. Great location in complex. Pets allowed. Open & spacious kitchen, carpet & tile flooring.
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Hokulani Golf Villas #16
Kihei
$879K (FS) |
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The best of it all, single level living with the best in finishes and location. This brand new gated Hokulani Golf Villas Home offers all the benefits of a condominium but has the privacy of a single family home. Situated within the Elleair Golf Course on the majestic slopes of Haleakala, this 2 bedroom & den home has an incredible spacious plan with volume ceilings a huge lanai and 2 car garage.
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Vacant Land
3190 South Kihei Road
Kihei
$10.9M (FS) |
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True Beachfront - step onto the white sands of Maui's most sought after beach, Keawakapu Beach. This exceptional ready-for-construction beachfront vacant parcel of .7 acres and approximately 133 linear feet of ocean frontage features 180 degree views of the Pacific blue vista, and the islands of Kaho’olawe, Molokini and Lana’i.
Customer Listing Synopsis
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