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| Issue 331 | July 7th, 2009 |
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| Aloha ,
In this newsletter:
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Oceanview Estates
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Market Update
This market introduction is going to be short and sweet. As you will see below, many of our featured "hot" properties this week are either Bank owned (REO's) or Short Sales.
If you don't see what you are looking for, please let us know as we have four other Bank owned properties that we will be listing shortly.
Two single family REO homes that we listed today are 1361 Kilou Street (Our Featured Property of the week), and 17 Iliwai Loop in South Kihei (contact us if you are interested in more details on this one).
Mahalo Nui Loa,
The Smith Team P.S. We now have a direct link to Site Maps, Floor Plans, CMA's, Amenities, etc. for all South Maui condos....West Maui will be coming soon. Please try it out and let us know what you think. We are always doing our best to give you as much information as possible. Also, the link to information from the Public Tax Records has been repaired. Thank you for your patience while we fixed this. P.S.S. We heard that the Bank will approve an offer for around $2 Million for F-4 at Ho'olei. This is an unbelievable price for this top row furnished Ho'olei condo.
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 6th, 2009
| Active | Pending | Sold | Change | |
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| Homes | 1010 (414) | 152 (14) | 703 (117) | -7 |
| Condos | 1519 (288) | 143 (10) | 554 (118) | -28 |
| Land | 611 (178) | 45 (19) | 76 (29) | -9 |
| Total | 3140 (880) | 340 (43) | 1333 (264) | -44 |
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1. The numbers in parentheses reflect the number of listings over $1M |
 686 Omaopio Road Kula $1.234M (FS) |
Bank Owned. Two competition grade arenas, 3 pastures, 18 paddocks, 25 stalls, bridle path on perimeter, huge feed and equipment storage building, client tack room, owner tack room, barn office, cross ties, vet & farrier area. All stalls fully rubber matted, rubber pavers on barn aisle, ample parking. |
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Breathtaking views and exotic elegance best describe this magnificent custom home. You will see and feel the quality materials and workmanship the minute you walk in the front door. This beautifully designed home is filled with the finest quality materials including imperial plaster walls, Jara wood floors, specimen granite and travertine, cherry cabinets, stainless appliances and much more. |
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 111 Door of Faith Road Haiku $2.25M (FS) |
This private gated custom built residence and acreage features 180 degree sweeping ocean views from sunrise to sunset. Built using only the finest materials and custom craftsmanship throughout. Two attached yet separate self contained bedrooms and lanais with monster views.
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Bank Owned. Creative for floor plan for an extended family. In front is a 3 bedroom, 2 bath; a family room with 2 bedrooms and 2 baths in the back and upstairs is another family room with 3 bedrooms, 2 baths. Bank has indicated they will fix a previous leak from the shut off valve from the vanity above a bedroom as well as repair the drywall, and put in new carpet in 5 bedrooms - others are tiled. |
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 259 Kamalei Circle Kahului $489.1K (FS) |
Bank Owned. Plantation style home in a gated community. Custom stucco-one story, 4bed/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.
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Bank Owned. Secluded property way up in Maui Meadows. Main house has 2 bd. 2 bath and detached cottage has 2 bd. 1.5 bath. Cottage has it's own driveway. A must see property to appreciate. Minutes from the beaches and Wailea. |
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Spectacular Haleakala and ocean view including Kahoolawe, Molokini, and beautiful sunsets. The view from gracious 2nd story is awesome. Detached cottage brings income to help pay your mortgage. This popular large model has one of the very best locations in Ke Alii Kai, away from traffic yet high up in a meticulous neighborhood to capture forever views. |
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Short Sale. This custom, comfortable, casual, and conveniently located Spreckelsville charmer is waiting for you. The fully fenced and very private property features professional landscaping, a delightful front courtyard, and a 4 bd. 3.5 bath 6 year-new home with lots of amenities. The home is a short walk to the Baby Beach and the Maui Country Club and minutes from Paia and the airport. |
Ho'olei F4
Wailea $2.199M (FS) |
Short Sale. Welcome to Ho'olei, Wailea's newest premier development. Enjoy amazing views from this professionally decorated 3 bedroom 3.5 bath unit. Prime location featuring Ocean, Mountain and Golf Course views. Unit is truly Turn-key, ready to live in or keep in Grand Wailea's Rental Program. |
 Ma'alaea Yacht Marina #302 Ma'alaea $130K (LH) |
Short Sale. Huge $100K price reduction! Spacious 1 bedroom 1 bath with wonderful view of Ma’alaea Bay. Remodeled in 2002 with new tile, AC, etc. Nice open floor plan. Includes Japanese paintings.
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 Kauhale Makai #127 Kihei $218K (FS) |
Short Sale. Oceanfront completely renovated, easy access ground floor unit, perfect for the kite boarders that love this area: with peek a boo view, laminated wood floors and drywall throughout, tile in bathroom, spa bathroom tub, new kitchen cabinets, large owners closet. Priced well below County assessed value, which is $351.7K. Maintenance fee includes electricity and basic cable. Comes furnished, with big screen TV and surround sound. |
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 Aina Nalu I-103 Lahaina $330K (FS) |
Short Sale. This almost new luxury 2 bedroom, 2 bath unit is in the heart of Lahaina. Bali style appointments, naturalized fountains and garden settings perfect for meditation or just relaxing generously dot this unique 8.6 acre property. The custom interior of this unit features 2 private bedrooms and baths, with natural stone tile showers and granite countertops.
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 Kamaole Sands 8-102 Kihei $339K (FS) |
Better than new. New kitchen & baths and new tile. Very quiet location with large lanai.
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 Kihei Alii Kai D-108 Kihei $340K (FS) |
Short Sale. Two bedroom, two bath unit that allows weekly rentals. Some ocean views. Very quiet private corner of complex. Close to all amenities and across the street from the ocean.
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 Kihei Villages 50-202 Kihei $153.5K (FS) |
Bank Owned. Upstairs unit in building 50, overlooking Uwapo Road. 2 bd. 1.5 bath, carpet and linoleum flooring, clean unit. |
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 Kai Makani 10-102 Kihei $449K (FS) |
Short Sale. Directly across the street from Maui's longest sandy beach. This is Maui at its best. Like new unfurnished ground floor unit in one of the best locations in Kai Makani just steps from the beach. Has never been lived in. |
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 Wailea Palms #3505 Wailea $795K (FS) |
This very private Wailea Palms unit is tucked away at the very end of the complex and has beautiful garden views and a large grassy area fronting the lanai. This sought-after C plan is the largest of the 2 bedroom, 2 bathroom floor plans with a large soaking tub in the middle of the master bedroom. Dining area has a built-in storage area with wine cooler. Large tiled lanai serves as a great BBQ & entertaining area or for just watching the sunset. |
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 Kai Malu 18A Wailea $934.9K (FS) |
Bank Owned. 3 bedroom 2 bath with 1,796 sq. ft. of living area. |
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