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Market Update
In local news, Habitat for Humanity Maui is building a new 16-unit condominium complex in Happy Valley. Groundbreaking for the three-story structure will start on Thursday, August 16th at 9 a.m.. See article. This is the first multifamily condo complex project that Habitat for Humanity Maui has created. It will cost $3.5 million to build with $3 million coming from County and Federal funding. Since the Habitat for Humanity has a zero interest rate, new owners will have a mortgage between $800 to $1,000 a month.
I remember helping Habitat for Humanity Maui 7 years ago build a single family home for a single mother and her 2 kids in Kula. She was so grateful and pleased to receive help from our local Realtors®. It always feels great to give back to the community.
Mahalo Nui Loa,
Greg, Melissa, Ken, and Jeremy
P.S. – This Friday, August 20th is Statehood Day so there is no school. Have a great week!
*No new REO properties this week.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
Market Watch for August 13th, 2012
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Active |
Pending |
Sold |
Change |
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Homes |
514 (239) |
256 (21) |
897 (125) |
-6 |
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Condos |
794 (157) |
229 (10) |
1166 (72) |
+6 |
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Land |
419 (101) |
28 (4) |
136 (18) |
NC |
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Total |
1727 (497) |
513 (35) |
2199 (215) |
NC |
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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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165 Heleuma Place
Wailea
$1.198M (FS)
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Charming single level Wailea Kialoa home situated in the perfect location in the Neighborhood. This gracious home has a wide open floor plan featuring a wonderful great room with vaulted ceiling, 3 bedrooms and 3 baths with beautiful granite, onyx and wood finishes throughout. A meticulous 2 car garage and gorgeous pool & spa that have been recently re-tiled that is surrounded by one of the best lanais in Kialoa.
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Homes Under $1M
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2893 Iolani Street
Pukalani
$300K (FS)
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Conveniently located within walking distance to the Pukalani Shopping Center, community center, and elementary school is this little house on a corner lot with views of the ocean, West Maui mountains and central valley. This spacious lot has room for additional improvements.
Customer Listing Synopsis
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16 Awikiwiki Place
Wailuku
$395K (FS)
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This lovely home is ready to make your own. 3 bd. 2 bath single level, solar hot water, green energy efficient insulation in walls & ceiling, 12 ft. ceilings, central A/C, open floor plan, double pane windows, sprinkler system, fenced yard with lava rock wall. Back yard views of West Maui Mountains. Haleakala views from front of property.
Customer Listing Synopsis
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765 Haiku Road
Haiku
$425K (FS)
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Charming, well maintained house and detached cottage in the heart of Haiku town. Walk to the post office, cannery shops, gym and restaurants. This 3 bedroom, 1 bathroom home has wood floors throughout. The kitchen was remodeled in 2010 with poured concrete counters, Viking refrigerator and gas stove. The 400 sq. ft. detached ohana is bright and airy with wood floors.
Customer Listing Synopsis
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294 Hapapa Road
Kula
$475K (FS) |
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Beautiful rural setting in Upper Kula with great views of Central Maui and West Maui Mountains. Quiet neighborhood with long time residents in the area. Very cozy with wood burning fireplace. 2 covered decks to either capture the great down country views or relax off the back yard.
Customer Listing Synopsis
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580 Awalau Road
Haiku
$595K (FS) |
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Great country living in this charming cedar home with park-like setting over-looking a lush & serene valley. One will appreciate the many upgrades that were done in 2007 to enhance the charm of this property. Some upgrades include remodeled kitchen with custom Koa cabinets and counter tops, newer appliances, beautiful wood floors throughout the first level extending out to the lanai for added living, custom built-ins in master bedroom & more. As a bonus, pump house with 1/2 bath doubles as an office/studio for overnight guests.
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Vacation Condo Over $1M
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Makena Surf C-101
Makena
$1.795M (FS)
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Finally, a reasonably priced true luxury condominium at the fabulous Makena Surf beach-side resort. C-101 has one of the largest floor plans in the complex, with Interior Square footage of 1,655 sq. ft., plus a wrap-around lanai of another 841 sq. ft. This Corner Ground Floor unit has high ceilings throughout, and can be navigated without any stairs.
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Vacation Condos Under $1M
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Sugar Beach #504
Kihei
$297K (FS)
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Great opportunity located right on the world famous soft, warm, sandy, Sugar Beach. Tastefully decorated, fabulous views, this unit has it all. This complex offers fabulous amenities for vacationers and second home owners wanting all the comforts of home, located on the longest walking beach on Maui (4.5 miles) this beachfront resort offers heated pool, Jacuzzi, sauna, deluxe BBQ's , putting green, sandwich shop, and mini mart for spur of the moment supplies. Maintenance fees includes electric, internet, phone and cable.
Customer Listing Synopsis
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Ka'anapali Plantation #35
Ka'anapali
$405K (FS)
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Great location, within walking distance to Kaanapali's finest beaches, golf course, shopping and fine dining. Spacious two bedroom ground floor condominium at Kaanapali Plantation with ocean views and warm tropical breezes. Features include corian counters, stainless steel refrigerator, beautiful custom wood cabinets, tiled baths, wood flooring and recessed lighting. Enjoy sunset views from the covered lanai.
Customer Listing Synopsis
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Palms at Wailea #403
Wailea
$699K (FS)
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This larger "C" floor plan is a nicely appointed 2 bedroom, 2 bath condo at one of south Maui's most desirable vacation destinations. Small ocean views from 3 main rooms, many new furnishings, easy walk to the pool and easy to show. Unlike some south Maui complexes, Palms at Wailea is reinforced concrete construction which eliminates many concerns that go along with wooden construction.
Customer Listing Synopsis
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Residential Condos
515 Liholiho Street #8
Wailuku
$119K (FS) |
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You'll be impressed with the beautiful ocean and mountain views from this well maintained one bedroom one bath unit. Property is located in the Mount Thomas area with convenient access to University of Hawaii Maui College, Maui Arts and Cultural Center, shopping, restaurants and parks. Very low density complex with only 10 units, restrictions limit occupancy to 2 persons per unit. All this coupled with a low monthly maintenance fee makes this a must see property.
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Hale Kanani 1-105
Kihei
$299.9K (FS) |
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Bank Owned. Easy care ground floor two bedroom unit with grassy area off lanai, and BBQ & pool off your front door. Very convenient. Granite counter tops.
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Wailea Point #1904
Wailea
$1.795M (FS) |
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Wailea Point is regarded as Wailea Resorts premier complex. Nestled between two of Wailea's most pristine beaches on over 26 meticulously manicured tropical acres of spectacular oceanfront property with what most consider the best amenities Maui has to offer. 3 swimming pools a 25 meter lap pool, 2 hot tubs, 2 pool pavilions with kitchen & BBQ area, tennis courts, paddleball courts, fitness center. 24 hr security & gated entry.
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Vacant Land
10 Kai Ala Drive
Ka'anapali
$5.5M (FS) |
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Less than half the price per square foot of the other beachfront parcels available today. Compare and grab this great value for over an acre on Ka’anapali Beach
Customer Listing Synopsis
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