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Issue 820 Novemeber 13, 2018


In this newsletter:
Bank Owned 
Land (0)

New Properties
Price Reductions

Short Sales
Land (0)
 New Properties
Price Reductions

Hawaii Beachfront Living Redefined 
4508 Makena Road
$29.98M (FS)

Customer Listing Synopsis

Video Tour


Market Update

Throughout Hawaii lots of local shops, restaurants and businesses offer a kama'aina discount.  The discounts vary by store but are extended to Kama'aina, which literally translates from Hawaiian to "child of the land."  The term refers to Hawaii residents regardless of their racial background so some visitors try to pass as kama'aina to get the discounts.  Though often times this leads to them sounding silly, if you can't pronounce the word or other very common Hawaiian words properly it's unlikely you will receive the discounts. 

The Hawaiian alphabet consists of 13 letters, 8 consonants and 5 vowels.  Two features of the Hawaiian alphabet that are different from the English alphabet are the kahako and the 'okina.  The kahako is indicated with a horizontal line over a vowel that signifies a long vowel.  A vowel with a kahako should be given two beats of sound rather than just one.  The 'okina is the eighth consonant in the Hawaiian alphabet, it signifies a glottal stop and is indicated with a single open quote mark or vertical line. 

Below are some rules of thumb for pronouncing Hawaiian words.

  • There are no silent letters in Hawaiian, all letters are sounded.
  • Vowels are sounded separately except when there are 2 vowels next to each other, then the sound is blended together. 
  • Stress the next to the last sound of a word.       

Have a wonderful week!

Mahalo Nui Loa,

The Smith Team 

P.S. - Reports from the Realtor's association of Maui show the median price for a single family home increased to $744,223.  That's up $105,000 from the same time last year.  Inventory of homes for sale remains low with a decrease of 13% for homes. 

Melissa Smith R (B), Ken Smith R (S), Gregory Smith R (B), Lindsey Taylor R (S)

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Market Watch

481 (264)
141 (29)
1143 (275)
508 (170)
266 (45)
1699 (276)
341 (105)
32 (10)
207 (26)
1330 (539)
439 (84)
3049 (577)
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

 5791 lower kula
5791 Lower Kula Road
$1.8M (FS)
4 Bed, 4 bath Kula Maui estate, custom built by ship builders with first class quality throughout that can't be duplicated at this price. This custom home has been spared no detail, entry hall, formal dining room, living room, fireplace, wood floors and a roomy kitchen with large counter spaces and cabinets for entertaining guests or casual dining, even featuring a dumbwaiter from garage to kitchen.
puu way
372 Puu Way
$2M (FS)
674K below assessed value. Once a lifetime opportunity on Maui’s exclusive Estate priced to sell. 2018 assessed at $2,674,600, 2016 appraisal at $3,450,000. Once a lifetime chance to own one of Maui’s most exclusive estates minutes from stunning beaches, beach towns, dining and entertainment. Estate offers a spacious opulent villa, beautiful cottage, large contemporary apartment connected by breezeway. 
70 hoopalua
70 Hoopalua drive

$2.395M (FS) 
Sweeping coast to coast views are found here in this exceptional Kula 200 home.  Beautifully designed and built to entertain in, you will surely fall in love with this well thought out 4 bed, 3.5 bath floor plan.

18 Kahua Kai Way
18 Kahua Kai Way

$3.399M F(S) 
Quintessential resort style Island living. Stunning 3 bed, 3.5 bath single level elegant contemporary custom designed steel frame residence, located in a premier location perched above the seventh fairway of the Royal Kaanapali Golf course, offering gorgeous ocean and Island views.
85 lau awa
85 Lau Awa Place

$5M (FS)
This tropical estate, 4 bed, 4 bath house and 2 bed, 1 bath Ohana complete with a full kitchen, is located on a private 5.9 acre parcel in the Makila Plantation phase of Launiupoko. This luxury estate has over 4,100 sq ft of living space and almost 1,000 sq ft of covered lanai areas together with unsurpassed panoramic ocean and three island views.


Homes Under $1M

210 kawailani
210 Kawailani Circle
$739K (FS)
This desirable 4 bed, 3 bath home is the largest model in Piilani Villages II. It is located in a quiet area with very little traffic. It is one of the most convenient locations in Kihei located in close proximity to schools, community swimming pool, grocery stores, banks and just minutes from the beach. 
2793 aina lani
2793 Aina Lani Drive
$750K (FS)
Single Story, Golf Course home with no active HOA on a large lot with a desirable location. This well maintained 3 bed, 2 bath  home features large windows overlooking the golf course; bringing in lots of light and wonderful garden views. 

49 Hiwalani Loop 2
49 Hiwalani Loop

$794K (FS) 
Impeccable 3 bed, 2.5 bath Pukalani Home. This Upcountry home exudes quality from the moment you walk in the bright red custom front doors. You immediately enter an open living area with vaulted ceilings. The living room is cooled by a split system a/c. The floors are a striking tiger wood. 

43 kuhunia
43 Kuhunia Street

$799K (FS)
Hidden in the hills of Wailuku, this light, bright and open floor plan has spectacular mountain views with some ocean views and a large swimming pool. This well built 3 bed, 2 bath stucco treasure is located near St. Ann Church in a quaint neighborhood (no HOA) with a spacious living room and vaulted ceilings.



Vacation Condos Over $1M

NapilI Sunset 116
Napili Sunset #116

$1.125M (FS) 
A very rare once in a lifetime opportunity to own at Maui's most amazing beach, Napili Bay. This 2 bed, 2 bath corner ground floor condo has an oceanfront master bedroom and a second bedroom in the back which is all on one level. Tastefully appointed upgrades with granite kitchen counters and tiled bathrooms.

kapalua bay villas 16
Kapalua Bay Villas #16G345
$1.425M (FS) 
There is easy access to the beach at Oneloa Bay and Kapalua Bay. The resort has 3 heated pools and BBQ areas, tennis courts, and gated entrances provide extra security. This 2 bed, 3 bath ground floor unit has fantastic ocean views up the coast towards Honolua Bay and the neighbor island of Molokai. 

luana 13a
Honua Kai Luana Gardens #13A
$2.15M (FS) 
Luana Garden Villas is a collection of brand new contemporary residences at Honua Kai Resort & Spa, one of Maui’s top-rated resort destinations on the famed Kaanapali Beach. Luana is the final phase of the resort and is comprised of 72 three-bedroom villas arranged in three intimate enclaves. Each enclave will offer a tranquil pool and spa, fire pits, and garden experience, providing residential living at its finest.
point 802-804
Wailea Point #802/804 

$6,963,800 (FS)
Wailea Point is a world class oceanfront enclave offering a completely renovated and elegantly furnished turn-key double unit. The panoramic ocean views and sunset views are stunning. This double unit includes 6,293 sq ft of total living area features 4 beds, 6 baths, office, media room, 6 lanais and a double car garage. 


Vacation Condos Under $1M

kam sands 4201
Kamaole Sands #4-201
$569K (FS) 
Lowest priced 2 bed, 2 bath condo at the resort at the time of listing. AND it is one of the rare 2 bed, 2 bath on one level. No stairs to climb. Remodeled in 2013 with new appliances including stove and dishwasher. 2014 new washer/dryer and 2018 new fridge and microwave in December with transferrable warranties. 

papakea d406
Papakea Resort #D406

$675K (FS) 
One of the most sought after resorts Papakea lushly appointed on 12.2 acres of direct oceanfront property with grounds true to the vibrant, authentic Hawaiian landscape. This stunning 4th floor, 2 bed, 2 bath unit has soaring vaulted ceiling and spacious open loft en-suite artfully brightening the home with natural illumination.

honua hoku 608
Honua Kai Hoku Lani #608

$929K (FS)
Excellent 1 bedroom location with by far the closest proximity to the beach in the Hokulani Tower. Perched well above the trees on the 6th floor with majestic mountain views plus great ocean views from your lanai. South facing, sunny side and protected from the prevailing tradewinds, makes this opportunity poised for excellent vacation rental demand. 



Residential Condos Over $1M

hokulani 72
Hokulani Golf Villas #72
$1.059M (FS)
Customize your dream home on this to be built unit. Hokulani Golf Villas have been uniquely designed to offer the comfort and privacy of a luxury home, combined with the carefree lifestyle of a condominium. This single level home features natural stones, beautiful hardwoods, eco friendly design with soaring 12-foot high ceilings, spacious covered lanais and gourmet kitchens.
Masters 603
Masters #603

$1.1M (FS)
This privately located ground level, 2 bed, 2 bath corner Suite has only 4 units in the building. The lanai has beautiful panoramic ocean and island views, and also overlooks the 13th Fairway of the Royal Kaanapali Golf Course. It has a remodeled kitchen, bamboo wood and travertine stone flooring. Located in the exclusive luxury gated community of The Masters with four tennis courts, two swimming pools and two hot tubs.


Residential Condos Under $1M

hoolea 105
Hoolea at Kehalani #105
$414K (FS) 
Ocean and Harbor View from Ho'olea Terrace at Kehalani. 2 Beds and 1.5 baths, 9-foot ceilings, centrally located in Maui and close to schools, grocery store, coffee shops, government offices, hospital and medical centers.  

 Napili Villas 133-3 
Napili Villas #133-3
$439.9K (FS)
Napili Villas unit first floor, private lanai, spacious floor plan. Walk to restaurants, shops and food stores. World famous Napili Bay Beach close by, Kapalua Golf course, just minutes away. This is a great 2 bed, 2 bath starter home.

kanani 2-201
Hale Kanani #2-201

$519K (FS) 
Short Sale - This is an estate short-sale. Buyer to be responsible for unpaid association fees. Very rare end unit with 3 bedrooms and 2 baths. Side windows with ocean views from Living Room, Master Bedroom and Lanai. 


Vacant Land 
132 makaena
132 Makaena Place
$440K (FS) 
Down a private, paved road with great North Shore and West Maui Views if one were to build a 2 story dwelling. No street lights, so enjoy the night sky. Wooded lot, private, NO HOA, No Monthly dues County approved for main house and 700 sq ft cottage. 


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

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