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| Issue 332 | July 14th, 2009 |
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| Aloha ,
In this newsletter:
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Fabulous Kuau Point
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Market Update
Is the economic recovery still on track? Well, if you ask 10 economists, you will probably get 10 different answers.
As stated in the article, the jobs situation is certainly not encouraging; however, there are other signs that give us reasons to be optimistic. Inventories have been cut to bare bones levels, and consumer confidence is improving.
The number of foreclosures which are still growing in many areas of the country is one of the main drags on the economy. Of course, foreclosures are providing an opportunity for Buyers who heretofore had been either priced out of the market or could not economically justify the prices.
Mahalo Nui Loa,
The Smith Team P.S. Reminder about Auto-Notification. Would you like to receive e-mails about new listings. Simply go to the MLS Listings Search page on our website, enter your parameters, submit, and then save the Search as one of your favorites.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for July 13th, 2009
| Active | Pending | Sold | Change | |
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| Homes | 1013 (422) | 165 (15) | 680 (113) | +3 |
| Condos | 1527 (289) | 144 (10) | 552 (117) | +8 |
| Land | 605 (179) | 43 (18) | 74 (27) | -6 |
| Total | 3145 (890) | 352 (43) | 1306 (257) | +5 |
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1. The numbers in parentheses reflect the number of listings over $1M |
 50 Pu'u Hale Street Ka'anapali $1.275M (FS) |
Prestigious Kaanapali Hillside home in excellent condition and offered turn-key. This unique contemporary home is a spacious tri-level designed by the renowned Jeff Long, with Master Suite and other bedrooms on separate levels and two separate areas for your own home office spaces. Tropical landscaping includes coconut trees perfectly spaced for a hammock to lounge by the pool in total privacy. Enjoy ocean-views over greenbelt. |
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Owner will carry financing. Magnificent Maui builders constructed home in Wailea Kialoa. Known for perfection, this well known custom builder added only the highest of quality amenities including Sub Zero, Bosch and Viking appliances, 3 zoned air conditioning, natural landscaped yard with resort style swimming pool, heated spa, water feature, security & fire alarm, smart home style systems, and so much more. Virtual Tour. |
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Brand New 2 story Home. Several included benefits of this gorgeous home are designer selected built in cabinets, walk in pantry, designer light fixtures, dual glazed vinyl windows, interior base boards throughout, ceramic tile flooring in entryways, kitchen, bathrooms. You have the option to choose flooring and countertops. Estimated completion for this home Dec '09/Jan 2010. *Pictures are not of the actual home. |
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 17 Iliwai Loop Kihei $676.9K (FS) |
Bank Owned. Spacious 5 bedroom / 3.5 bath home with nice ocean views. Upgrades include granite tile in the kitchen and wood laminate flooring. This floor plan has multiple options for it could be used as a 3 bedroom unit with a separate 2 bedroom mother-in-law quarters. There are 3 large lanai areas.
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This is the perfect house. Great views of ocean and Haleakala from living room and kitchen with a large covered balcony perfect for the BBQ and enjoying spectacular Maui sunsets. The inside has been redone with granite counters everywhere and designer fixtures throughout. Must see to believe. The yard is also a perfect 10 complete with outside shower for after walking home from Kamaole Beach, One Maui's favorite. |
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Located near the top of Maui Meadows on a quiet and private cul-de-sac. This house along with detached cottage & ohana sits high above the houses in front of it to give you the most amazing panoramic five island views. Main floor was completely renovated, tile floors throughout, Master bath with Jacuzzi tub. Solar water heaters, walk-in glass block showers, vaulted ceilings, stunning ocean views from mater bedroom, kitchen & formal room. |
Ho'olei P1
Wailea $2.55M (FS) |
The exclusive Ho'olei in Wailea, Maui offers the utmost in modern luxuries, a stunning, natural backdrop and lavish resort amenities. This finely appointed three-bedroom, three and a half bathroom designer townhome of 3076 sq ft, features a private elevator and attached garage, gourmet kitchen, expansive master suite, an open floor plan with high tray ceilings, recessed lighting, and amazing floor to ceiling windows. |
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Makena Surf E-301
Makena $3.958M (FS) |
Possible seller financing! The Absolute Best Location. Top floor, end unit, spacious 3 bedroom, 3 bath direct oceanfront unit in Bldg E. Panoramic views of Molokini, Kaho’olawe, Lanai, and West Maui mountains. This unit is conveniently located in a 15 acre tropical garden setting steps away from the beach, 2 pools, 4 tennis courts, and parking. Virtual Tour. |
 Island Surf #603 Kihei $358K (FS) |
Sweeping Ocean Views from this Top Floor Penthouse Unit 1 bedroom / 1 bath Island Surf condo in Kihei. Seller owns condo free and clear and will negotiate new first mortgage for qualified buyer with acceptable down payment. Centrally located in walking distance to beaches, park, tennis courts, grocery shopping, movie theater and the Kihei triangle.
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 Kahana Sunset C6 Kahana $660K (FS) |
Offering a corridor ocean view and an intimate sandy beach, this intimate 2-bedroom, 2-bathroom, 2-level property offers 952 square feet of living area. Sold furnished with exceptions. Kahana Sunset is a low-rise condominium that allows vacation-rentals and is spread across 4.467 acres on the Kahana coastline. |
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 Lahaina Roads #314 Lahaina $718.6K (FS) |
Short Sale. Direct oceanfront unit at Lahaina Roads. There are only six units of this kind in this five-story boutique oceanfront condominium complex. From this corner-unit on the third floor, you will enjoy year-round tropical sunsets and island vistas. Between December and March, you can watch whales breaching at your door step.
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 Wailea Ekolu #403 Wailea $725K (FS) |
Beautiful ocean, outer island & sunset views from this spectacular private ground floor condominium within the prestigious resort community of Wailea. Wailea golf privileges available. Offered fully furnished with an excellent rental history and rental income averaging nearly $50,000 per year with no management fees.
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 Kapalua Bay Villas 31B1 Kihei $750K (FS) |
Wonderful ocean views for great whale watching from your living room and lanai of this unit. It has a/c installed. Easy location for office, tennis and pools. Easy walk to beach at Kapalua Bay. Very light and bright unit. Bay Villas have 3 pools and two tennis courts. Sits in a quiet cul de sac for more privacy.
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 Hololani B802 Kahana $799K (FS) |
Your Maui high-rise resort living awaits you at Hololani B802. Renovated in 2006, this 2 bedroom 2 bathroom provides a spacious and open feel between the kitchen, family room and bedrooms. Hololani is a beachfront 64-apartment unit high-riser that is spread across two 8-story buildings. Amenities includes elevator access, underground parking, pool, BBQ area and a quick walk to Kahana Gateway.
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 Keonekai Villages 4-202 Kihei $194.9K (FS) |
Bank Owned. 2 bd. 2 full baths upstairs unit with 2 parking stalls and trade wind exposure to keep yourself cool on those hot Summer afternoons. |
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 Villas at Kenolio 4F Kihei $312.9K (FS) |
Bank Owned. Great price for this ground floor unit with ocean view and semi-private yard area. 2 individual parking stalls (not tandem). |
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 Kanani Wailea #1 Wailea $1.099M (FS) |
Short Sale. Occupying the premier front-row location at Kanani Wailea, home #1 offers magnificent, unobstructable ocean, island and mountain views as well as the most desirable floor plan. Enter through a lush Balinese courtyard with carved stonework, enchanting waterfall & 4-person spa; on the left, a completely separate guest suite; on the right, a bedroom/office opens onto the courtyard. |
 353-A Kenolio Road Kihei $204.9K (FS) |
Bank Owned. Vacant land priced right. North Kihei location, on a flag lot. Close to beaches and parks, walking distance to school and public bus stops. |
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