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

  REO

All Properties
New  Properties
Price Reductions

Short Sales

Homes
Condos
Land
New Properties
Price Reductions

Market Update

They're ba-aaaack!  No, this is not a reference to the movie Poltergeist.  We're talking about the friendly gentle giants of the Pacific Ocean.  According to Hawaii Magazine the first humpback spotting took place last week in Honaunau Bay just off the Big Island.  Two tail slaps and the 2011-2012 humpback whale watching season officially began.

Whales aren't the only thing you should be on the lookout for this fall and winter.  Maui has quite the lineup of events and activities.  Here's a few for starters:

Wailuku First Friday- Held the first Friday of each month, this event is like a great big block party.  Featuring live music, great eats from local vendors, arts, crafts, and more— this is one event you don't want to miss.

XTERRA World Championships- October 23, 2011.  This race has been called "The world's premier off-road triathlon."

Wailea Food & Wine Celebration-November 18, 2011. Held in Hotel Wailea’s elegant Anuhea Room overlooking the koi pond and beautiful hotel grounds, guests will sample exceptional wines provided by Chambers & Chambers Wine Merchants and taste the best in Maui cuisine from the finest local restaurants and chefs.

Maui Invitational- November 21st through November 23rd. See some of college basketball's best teams including Duke, Kansas, and Georgetown compete in Lahaina, Maui.

Hyundai Tournament of Champions Kapalua- January 4, 2012 through January 9th, 2012.  Watch the champions from the 2011 PGA TOUR season compete for a collective
$5.6 million purse.

Maui Oceanfront Mararthon- Sunday, January 22, 2012.  A beautiful race course that begins in Wailea and goes along the oceanfront and concludes at Kamehameha Iki Park (near the Banyan Tree in Lahaina Town).  There are several shorter race options available too.

Is there an event that should be on this list but isn't?  Send us an email and we'll be sure to make mention of it in an upcoming newsletter.

The Smith Team

P.S. Last week we sold 1576 Halama Street. This exceptional oceanfront property was a bank owned sale.  There are several bank owned properties we expect to be listing in the near future.  If there is a specific type of property you are actively looking for, please email us and let us know what to be on the lookout for.  Thank you for reading the Maui Real Estate newsletter.

Market Watch for October 3rd, 2011

Homes Over $1M

389 Wekiu Place Ka'anapali $2.395M (FS)		Located within Summit Estates, a prestigious gated community within Ka'anapali Golf Estates, this spacious two-level floor plan was built as the primary residence of one of West Maui’s finest contractors (David Ferrebee Construction). Its unique design features all the main living space on the second level resulting in panoramic ocean, island, sunset and West Maui mountain views. Customer Listing Synopsis
124 Pulelehua Place Kapalua $3.48M (FS)		This spectacular residence designed by Kollin / Altomare architects is nestled along the 13th fairway of the Kapalua Bay Course. Water features and a serene landscape greet you as you enter, with the home opening to take in the stunning ocean views and tropical gardens. Pocketing doors open to spacious lanais, which surround the pool and spa. Customer Listing Synopsis

Homes Under $1M

145 Ohukai Road Kihei $214.5K (FS)		Bank Owned. 3 bd. 1 bath home, fenced yard, covered lanai - on approximate 8,073 sq. ft. of land. Close to beaches, shops, restaurants. Customer Listing Synopsis
129 Leoleo Street Lahaina $355K (FS)		Bank Owned. Great starter home in Lahaina. Customer Listing Synopsis
73 Honuea Street Kihei $367.9K (FS)		Bank Owned. 3 bedroom 2.5 bath home in North Kihei. Large lot with room to build detached ohana. Customer Listing Synopsis
105 Kahana Nui Road Kahana $725K (FS)		Bank Owned. Come and see what the seller has done. The home has had major improvements and a price reduction. This custom built home has an open floor plan and is ready to move in. Customer Listing Synopsis

Vacation Condo Over $1M

Ho'olei B-2 Wailea $3.295M (FS)

Spectacular Ho’olei location with panoramic ocean/ sunset views. This immaculate 3 bedroom 3.5 bath townhouse offers a spacious floor plan with over 3000 square feet of living space perfect for the extended family. Terrific mater suite large and spacious with a great ocean view. This end unit offers a large green belt expanse for additional privacy. Customer Listing Synopsis

Vacation Condos Under $1M

Luana Kai C104 Kihei $229.9K (FS)		Bank Owned. 1 bedroom 1 bath ocean front complex with great amenities. Customer Listing Synopsis
Kamaole Beach Royale 207 Kihei $299.9K (FS)		Bank Owned. Comfortable unit directly across the street from the Kamaole Beach I area which allows vacation rentals. Unit has security/hurricane blinds which is a great feature for when unit is not in use. Customer Listing Synopsis
Hololani A-503 Kahana $629K (FS)		Direct beach & ocean front with a sandy beach. Spectacular ocean and beach views. Fabulous sunsets and whale watching right off the lanais with views of the islands of Lanai and Molokai. This fifth floor unit has underground parking for convenient access to residence via elevator, large storage space, well managed and maintained building and grounds. Customer Listing Synopsis

Residential Condos

Villas at Kenolio 14D Kihei $235K (FS)		Short Sale. Super nice unit at Villas at Kenolio. Ground floor features 2 bd. 2 baths, & is spacious w/almost 800 sq. ft. of living plus a large shady lanai. Villas at Kenolio has wonderful community amenities including large swimming pool, Jacuzzi, BBQ, playground and gym/workout facilities all in a gated common area for your to enjoy. Customer Listing Synopsis
Villas at Koele 15D Lanai $787.8K (FS)		Bank Owned. This beautiful Villa sits on the first fairway at the fantastic Greg Norman Golf Course at Koele. There are bamboo floors along with custom wood work and stone finishes throughout. With three bedrooms and three baths it allows plenty of room for family and friends. Agent Listing Synopsis

Vacant Land

5510 Makena Road Makena $10.4M (FS)

One of the largest oceanfront lots in South Maui. Prime location within the gated neighborhood of Black Sand at Makena. Only seven luxury homes make up this private community. Customer Listing Synopsis