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Issue 678 February 23, 2016

Aloha ,

In this newsletter:

Short Sales
New Properties

Price Reductions

Large, Private Makena Estate 
 4541 Makena 
4541 Makena Road
$19.975M (FS)

Customer Listing Synopsis

Market Update

Makila Ranch is a new subdivision of 11 large 15 acre agricultural lots across the street from Launiupoko and Puamana.  Lots are directly across the street from surf and beach parks. 
Makila 2
Makila Aerial

During construction pricing is from $2.3 -$2.5M per lot. 

Marketing is on hold for now but lots are still for sale with the developer.  Contact us for more information. 

Have a wonderful week,

Lindsey for The Smith Team

Ken, Melissa and Lindsey

P.S. - New FIRPTA withholding in effect since last week, Feb. 17, 2016.  Foreign persons selling US real property over $300,000 not to be used as personal residence will be charged 15% withholding. 

Melissa Smith R (B), Ken Smith R (S)
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Market Watch

599 (340)
267 (45)
1092 (179)
940 (223)
209 (29)
1209 (162)
343 (120)
41 (6)
151 (22)
1882 (683)
517 (80)
2452 (363)
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

676B Kai Hele Ku St
676B Kai Hele Ku Street

$1.278M (FS)
Enjoy stunning 180 degree whitewater ocean & island views with year-round sunsets from this totally private home with pool & 3 car garage in one of Maui's most sought after neighborhoods. The many custom features include a gourmet kitchen with granite countertops, gas range & stainless appliances, light filled loft, central A/C, travertine flooring, spacious covered lanai with spa, and a gorgeous pool area. 
69 Aulii Drive
69 Aulii Drive

$2.075M (FS)
This gated estate or family compound is spread over one of the most functional 2-acre ocean and mountain view parcels on island. Designed for the active lifestyle, there is a professional sized sand volleyball, half court basketball, and arguably the best privately owned tennis court on Maui with ample storage for big toys and vehicles and plenty of room for a pool and ohana!
318 Paani pl
318 Paani Place

$4.25M (FS)
Spreckelsville Oceanfront adjacent to Sugar Cove beach, two blocks from Maui Country Club. Windsurfers can launch from beach, North shore views from West Maui Mountains to Molokai. Beautiful swimming bay in wonderful Spreckelsville neighborhood with convenient location.
1421 front 2
1421 Front Street

$15M (FS)
Located on the North end of Front Street within walking distance to shopping and fine dining. Boasting its own private sand beach with ocean access great for sun lounging and launching kayaks and paddle boards. Over-sized Indonesian Merbau termite proof wood floors and Indonesian Palimanan stone throughout the interior.  

Homes Under $1M

 705 haiku rd 
705 Haiku Road

$650K (FS)
House and Cottage in the heart of Haiku. Close to Haiku Cannery, Haiku Post Office, Nuka Restaurant, and Fukashima Store. Lots of foliage for privacy on 18000 sq.ft of land.

226 Mehani226 Mehani Circle

$739K (FS)
A large comfortable home in a great south Kihei neighborhood. There are 3 bedrooms and 2.5 baths in the main house and there is a studio ohana with private entrance. The bottom floor features a very roomy living room with new high end carpet and new horizontal blinds.

282 hololani
282 Hololani Street

$939K (FS)
Come see this 4-bedroom, 5-bath, single-level (well, mostly!) home with both a 2-car garage with big office/workshop AND a 1-car garage on the Pukalani Golf Course. The gorgeous recently renovated kitchen opens to the living room, family room and dining area.


Vacation Condos Over $1M

Kaanapali Alii 4-203
Kaanapali Alii #4-203

$1.3M (FS)
Announcing a great investment opportunity to own at the Kaanapali Alii. With 1,313 sq ft of living space, this is the lowest price remodeled 1 bedroom 2 bath condominium available at the Alii. Oversized Porcelain tiled floors, granite countertops and custom cabinetry in the kitchen and bathrooms are a few of the reasons why this vacation rental performs very well.
Kaanapali Shores 602
Kaanapali Shores #602

$1.6M (FS)
Beachfront location. Must see to believe. This unit is on quieter north side of the oceanfront portion of the Kaanapali Shores. 180 degree views of the beautiful Pacific framed by the islands of Lanai to the left and Molokai to the right. Year around sunset views along with incredible whale watching from the 498 sq. ft. wrap around lanai.

Wailea Elua 803
Wailea Elua #803

$1.849M (FS)
Wailea's Finest! Unit 803 is one of the gems in Wailea Elua Village as it is a very rare 3 bedroom floor plan. This unit also has a morning patio at one end and a second sunset patio facing the beautiful Pacific Ocean at the opposite end. Also rarely seen is the fact that this unit has a large double car garage with added storage space.

Hoolei f1
Hoolei #F-1

$3.25 M (FS)
Escape to paradise! Quietly located above it all, this end unit Villa has breathtaking ocean and golf course views. There are three beautiful en-suite bedrooms, a powder room, spacious great room with gourmet kitchen which expands to the secluded lanai with BBQ, refrigerator and spectacular views. The personal elevator makes it easy for anyone to enjoy both levels of luxury lifestyle offered here.  

Vacation Condos Under $1M

Hlae Royale A-109
Hale Royale #A-109

$236,250 (FS)
Bank OwnedTile flooring throughout and beautiful garden views. Steps from the lanai to the pool. Exceptional complex for comfortable living. Hale Royale is a beautiful low density complex with only 85 units spread over 4.2 acres. Enjoy luxury style amenities including 2 pools, jacuzzi, sauna, BBQ's and 2 tennis courts with remarkably low maintenance fees that even include cable.
Lahaina Shores 622
Lahaina Shores #622

$299K (FS)
Here's a wonderful opportunity to own a beachfront premier unit on the 6th floor at Lahaina Shores. Spectacular mountain views in this studio condo beautifully renovated in 2015. The sixth floor units have taller ceilings and a laundry close by. This unit is ready for you to enjoy your Maui visits. Close to everything Lahaina has to offer.

Papakea Resort E-309
Papakea Resort #E-309

$474.5K (FS)
Great 3rd floor unit at Papakea Resort with ocean, mountain, pool and garden views to enjoy all that Maui has to offer. Unit shows bright and light. Papakea Resort offers amenities such as: 2 ocean side pools, oversize jacuzzis, plenty of BBQ areas, two 18 hole putting green & tennis courts to mention a few. 


Residential Condos

Waipulani 309
Waipuilani #309

$239K (FS)
Lowest priced 1-bedroom Fee Simple condo on the ocean at time of listing. Quiet, intimate complex with nothing between the building and the ocean but a long, meandering lawn and swaying palms. Wonderful beach vibe. Near Maui Sunset. Well maintained complex, and a unique investment opportunity.

Kihei Villages 21-203
Kihei Villages #21-203

$255K (FS)
Lovely, fully furnished condo with two bedrooms and 1.5 baths walking distance to Sugar Beach and Kihei canoe club. Cross breezes keep this unit cool. North Kihei is a wonderful location, close to restaurants, shopping, and beaches. Highly sought after 2 parking spaces make this unit highly desirable. Pets allowed. Must see!
Masters 1804
Masters 1804
$884.5K (FS)
Outstanding location of this unit at The Masters...enjoy the open Wide OCEAN, Mountain and Golf Course views in between the 10th & 9th fairway. Split floor plan affords privacy. High vaulted ceilings with an open concept kitchen to capture the views. You and your guests can enjoy and relax on the large lanai with unobstructed views.

Vacant Land

32 akumu
32 Akumu Way

$235K (FS)
Rural living only 10 minutes to town! Build your custom home on the last building site of the subdivision. You will be awestruck with the beautiful views of Kahului Harbor, Haleakala, West Maui Mountains, Waihee Valley, and Hakuhee Point. This lot is situated above conservation land that borders the ocean.
3337 Kehala
3337 Kehala Drive
Maui Meadows

$535K (FS)
At time of listing, this is the only full size lot (half acre) offered for sale. The lot has had a water meter installed and has been cleared of trees and bushes creating an ocean view. This lot is in a very quiet location and has very little traffic going by the house. 

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

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