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The Smith Team - Two Generations of Satisfied Customers

  Issue 328 June 16th, 2009 
 
Aloha ,

In this newsletter:
Market Update
Market Watch
Homes Over $1 Million
Homes Under $1 Million
Vacation Condos Over $1M
Vacation Condos Under $1M
Residential Condos
Vacant Land

 

 

Market Update

Since the Hawaii market typically lags behind the California market by about 6 months, it is great to see that the housing woes in California are near an end.  According to a UCLA Anderson Forecast report released last Tuesday, "If there is any good news in the picture, it is that the correction in the housing market is complete and the overshooting which normally occurs after a correction has appeared." 
 
Let us know if you would like to be ahead of the market by searching for some great real estate deals on Maui, before the overshooting of our market appears.

Have a wonderful week.

Mahalo Nui Loa,

The Smith Team

Smith Team Photo on Website.jpg

Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)

Market Watch for June 15th, 2009

 Active Pending Sold Change
Homes 1012 (417) 153 (20) 726 (118) +10
Condos 1548 (291) 146 (15) 566 (122) -1
Land 628 (186) 43 (18) 79 (30) +3
Total 3188 (894) 342 (53) 1371 (260) +12

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

525 Hana Hwy.jpg
  525 Hana Highway
Paia
$2.995M (FS)
 

Three beautiful homes on 1/3+ acre. Estate includes a 2,120 s.f. home (upstairs/downstairs of 2 bed/1 bath each), a 600 s.f. 2 bed/1 bath and an 880 s.f. 1 bed/1bath, along with caretaker’s quarters and garage. Pass through the alluring custom ipe-wood gates from the entry area which leads you to the gorgeous tiled saline pool in which to refresh and rejuvenate. Each home is privately situated, yet convenient to the pool and mere steps from the private access to the ocean's edge.

147 Manalo.jpg
147 Manalo Street
Wailea
$3.808M (FS)

This gorgeous, Hugh Farrington designed 3 bed, 3.5 bath Wailea Golf Vistas home awaits you. The home was remodeled and furnished last year with top of the line furnishings, fixtures and local photography and artwork by a professional interior design consultant. The results were featured in Hawaiian Style Magazine. The layout captures the best of indoor outdoor living that Maui has to offer.

Customer Listing Synopsis

Homes Under $1M

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175 Ohukai Road
Kihei

$362K (FS)
 

Bank owned. Corner hollow tile home on a large fenced lot in a good location in North Kihei. Seller is offering up to 3% of sales price for buyer closing cost credit.

 

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259 Kamalei Circle
Kahului

$514.9K (FS)

 

Bank owned. Plantation style home in a gated community. Custom stucco-one story, 4 bd. 3.5 bath well maintained home. There are 2 Master bedrooms w/bathroom or use one as a office/den . Presidential roofing, 9' ceiling, Jacuzzi, central a/c, double pane windows, granite countertops, custom cabinets, pergo-wood flooring throughout, ceramic tiles in the kitchen and bathrooms, separate laundry room w/bathroom, lots of storage space.

Customer Listing Synopsis

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317 Auhana Road
Kihei

$545K (FS)
 

Bank owned. House and cottage in central Kihei. Main house has nice deck for entertaining.

 

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88 Kahana Ridge Drive
Kahana

$760K (FS)

 

Bank owned. Screaming deal in Kahana. Priced for an immediate sale. This well constructed two story home sits along the top row of homes at Kahana Ridge affording it tranquility, privacy, and awesome views of the Pacific and the West Maui Mountains. Upon arrival, a handsome curb appeal greets you with terraced blue rock walls, highlighted by mature landscaping featuring: hibiscus, plumeria, ti-leaves, and a mature lawn.

 

Vacation Condos Over $1M

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Ho'olei F5
Wailea
$3.85M (FS)
 

Award winning unit featured in Jan/March issue Hawaiian Style magazine. Over $600K in improvements. Custom cabinets constructed of African mahogany & walnut oak wood flooring, bamboo ceiling work, custom finish carpentry throughout. All bathrooms feature high end marble, limestone, and granite.

 Customer Listing Synopsis

Vacation Condos Under $1M

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Kihei Garden Estates C-208
Kihei
$319K (FS)
 

A must see unit steps to the ocean. Tastefully remodeled spacious 2 bd. 2 bath unit. Convenient location near shopping, restaurants, post office, and banks. Ideal home away from home. Kihei Garden Estates also allows vacation rentals with beautiful pool & hot tub.


 

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Kapalua Golf Villas 14V2
Kapalua
$540K (FS)
 

Kapalua Golf Villa 14V2 is located right on the 10th fairway of the world famous Kapalua Bay Course conveniently close to one of the 4 pools/barbecue areas at the Golf Villas. Completely refurbished, top-floor V vista unit. Appliances include: stainless steel refrigerator, range and dishwasher and sub-zero wine cooler. Floors are slate with carpeting in bedroom, counters are granite and closets are cedar-lined.

  Customer Listing Synopsis

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Ka'anapali Royal P-101
Ka'anapali
$599.9K (FS)
 

What an incredible price for this spacious unit in the desirable gated Ka'anapali Royal community. You can walk out onto Ka'anapali Golf Course from this ground floor condo or view the ocean in the distance while barbecuing on your lanai. This completely furnished ground floor unit is a short walk from Ka'anapali Beach. One of the world's best beaches


 

Hololani A603.jpg
Hololani A-603
Kahana
$749K (FS)
 

Tropical settings surround you inside and out in this beautiful open and airy condo home. From your 6th floor oceanfront suite Moloka'i and Lana'i loom in the distance.


 

Residential Condos

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Lahaina Residential #112
Lahaina
$85K (LH)
 

Bank owned. Across the road from the ocean. Walking distance to the "Heart" of Front St. Tile floors throughout. Newer appliances.

  Customer Listing Synopsis

Kahului Ikena 136.jpg
  Kahului Ikena #136
Kahului
$180.5K (FS)
 

Bank owned. 2 bd. 2 bath unit in Kahului Ikena. Close to all amenities: hospital, parks, schools, Maui Community College, Queen Kaahumanu Center, Maui Arts & Cultural Center, hospital, and airport. This unit is clean and in good condition. Seller is offering up to 3% of sales price for buyer's closing cost.

  Customer Listing Synopsis

Villas at Kenolio 4F.jpg
Villas at Kenlio 4F
Kihei
$321.9K (FS)
 

Bank owned. Great price for this 3 bedroom 2 bath ground floor unit with ocean view and semi-private yard area.

  Customer Listing Synopsis

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Napili Villas #2
Napili
$375K (FS)
 

Short sale. Very desirable first floor unit at Napili Villas. High ceilings throughout this 2B/2B unit. Spacious kitchen with lots of storage space. Washer/Dryer, private fenced in yard. Owner installed Pergo wood floors, Crown Molding and floor base molding, custom lighting, custom window shades in living area and plantation shutters in Master bedroom, A/C in all rooms. Master bedroom has a large walk-in closet and access to the yard.

  Customer Listing Synopsis

Villas at Kehalani 1403.jpg
Villas at Kehalani #1403
Wailuku
$431K (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, with all the conveniences of being close to town.

  Customer Listing Synopsis

Wailea Fairway Villas X202.jpg
Wailea Fairway Villas X-202
Wailea
$600K (FS)
 

Short sale. Located on the Wailea Blue Course. This second floor unit boasts beautiful Pacific ocean and golf course views. Luxurious features include granite countertops, vaulted ceilings, and French doors into the master bedroom. Wailea Fairway Villas is a peaceful residential condominium with a pool and Jacuzzi to relax in, exercise facility to keep you fit, and walk ways to enjoy the fresh air.

  Customer Listing Synopsis

Vacant Land

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143 Keoneloa Street
Kahului
$128K (FS)
 

Bank owned. Golf course view overlooks the 11th fairway of The Dunes at Maui Lani golf course.

  Customer Listing Synopsis

0 Hana Hwy.jpg
0 Hana Highway
Hana
$2.9M (FS)
 

One of a kind. More than 12 spectacular oceanfront acres in Hana. The dramatic unobstructed coastal views from this property feature stunning rock archways, picturesque waves, clear pristine water, scenic sea birds, seasonal whale watching, striking Big Island views, and much more. This beautiful gem of a property offers easy-to-develop building sites on gently sloping land towards the ocean. Easy water access for great fishing and diving.

  Customer Listing Synopsis




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Coldwell Banker Island Properties
3750 Wailea Alanui Drive Suite B-35
Wailea, Hawaii 96753
US

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