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Aloha ,
Market Update
As a buyer it is important to be aware of the Homeowner's Association you are buying into as a bad HOA can be a real nightmare. An HOA that is underfunded can end up costing you thousands in special assessments required to cover neglected maintenance items.
The reserve study is the best indicator of an HOA's financial health, it details an HOA's long term funding program which shows how much money they have for maintenance costs. An HOA funded above 71% is at a low risk for a special assessment, between 31% and 70% is average.
Taking a close look at the community as a whole will give you a good idea of how the HOA operates and takes care of its responsibilities. Is it run down? Rusted? Are amenities clean and in good working order? Ask lots of questions before buying into a potential HOA as they are taking care of your property value.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - The 93rd annual Maui County Fair will be held this weekend beginning Thursday afternoon. Special entertainment will include a pie competition, baby of the year competition, rides, games and petting zoo.
Melissa Smith R (B), Ken Smith R (S)
Market Watch
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Active
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Pending
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Sold
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Change
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Homes
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521 (256)
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242 (35)
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1030 (187)
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-10 |
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Condos
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750 (171)
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182 (14)
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1202 (167)
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-7
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Land
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357 (132)
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32 (8)
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150 (23)
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+3 |
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Total
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1628 (559)
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456 (57)
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2382 (377)
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-14 |
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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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125 Kahana Makai Road
Kahana
$1.149M (FS) |
125 Kahana Makai offers a spectacular ocean view from the large covered deck facing West, you can view the brilliant sunset & the islands of Lanai & Molokai in the distance. The reverse floor plan positions the living room, kitchen & dining area on the second level.
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207 Hakui Place
Kaanapali
$1.95M (FS) |
This grand contemporary designed residence is situated at the end of a quiet cull-de-sac and is located on the front line of Kaanapali Hillside, minutes from the heart of world famous Kaanapali Beach Resort. The premier front line location provides sweeping ocean and island views.
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Homes Under $1M
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321 South Lanai Street
Kahului
$610K (FS)
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Welcome to a most delightful magical property with its unique rock gardens, a beautiful Japanese garden, and lovely pathways to guide you through it all. This one of a kind rockscape garden is truly a work of art and will surely bring a smile to anyone who has a chance to view it.
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230 Kulamanu Circle
Kula
$695K (FS) |
House to be built in the desirable upcountry Kula neighborhood of Kulamanu Estates takes advantage of panoramic views. This efficient 3 bedroom 2 bath home of 1206sf with a deck and 500sf garage can be customized into a sweet charmer.
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1258 Kilou Loop
Wailuku
$779K (FS) |
This immaculate home with incredible views is situated at the edge of Oceanview Estates which affords spectacular views of Haleakala, West Maui Mountains and the popular surfing beach "Sand Piles".
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33 Iliki Place
Wailuku
$788K (FS) |
This well-built and exceptionally maintained single-story floor plan has upgrades galore! The kitchen is a true chef's kitchen with Viking Professional range and dishwasher, microwave/convection oven combo and a 4-door Samsung refrigerator.
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Vacation Condos Over $1M
Honua Kai - Hoku Lani #622
Kaanapali
$1.15M (FS) |
This 2 bedroom, 2 bath condominium offers expansive views of the bright, beautiful West Maui Mountains from it's floor-to-ceiling windows which face south and east. Strong rental history. This unique floorplan separates the bedrooms as two master suites and comfortably sleeps 6.
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Honua Kai - Konea #342
Kaanapali
$1.225M (FS) |
Konea 342 is a spacious 1,230 sq. ft. two bedroom, two bath home on the quiet North Side of the complex, with a large greenbelt park area between it and the condo building next door. Unlike many other locations within Honua Kai, you look to the park, and not across the courtyard to your neighbor's lanai!
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Vacation Condos Under $1M
Kaanapali Shores #732
Kaanapali
$385K (FS) |
Breathtaking panoramic view beautifully remodeled and upgraded and a highly sought after vacation rental with great rental history! Kaanapali Shores is a fabulous, direct oceanfront complex with great amenities.
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Hale Kamaole #203
Kihei
$639K (FS) |
Beautiful and spacious 2 bedroom 2 bath unit with ocean views at Hale Kamaole. Both bedrooms have ocean views. Open updated kitchen and great room with high ceilings. Nice tropical furnishings included. The private lanai faces the interior of the complex with views of Molokini and spectacular sunsets.
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Kapalua Ridge #1614
Kapalua
$798.8K (FS) |
This exquisite and spacious one level jewel at Kapalua Ridge. Enjoy expansive ocean views of Kapalua, Molokai, Moku Ho'oniki Rock, Lipoa Point, Makaluapuna Point, and Honolua Bay, as well as partake in all of the perks of ownership at Kapalua.
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Residential Condos
Keonekai Villages #26-202
Kihei
$280K(FS) |
Fantastic opportunity to buy in this highly desired South Kihei complex. This 2 bedroom 1.5 bath unit offers 750 sq.ft. of interior living space. Enjoy Haleakala views from the covered lanai. Other notable features include an updated kitchen, and large tile floors.
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Hale Kanani #4-105
Kihei
$479K (FS) |
Beach Side Delight! Surfs up and walking distance from this spacious 3 bed 2 full bath condo you find the Golden sandy beaches located on the South Costal side of Maui! Ground floor corner, end unit makes this a winner with extra windows, light and cross ventilation.
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Wailea Town Center #C-202
Wailea
$1.095M (FS) |
Enjoy magnificent Maui sunsets and sweeping multi-island ocean views while you sit on your lanai. Top quality construction and graciously appointed with finishes like Brazilian cherry wood, travertine & marble floors, marble and granite counters.
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Coconut Grove #16
Kapalua
$4.65M (FS) |
Extraordinary. Maui. Highly desirable upstairs Coconut Grove with optional study is beautifully furnished and move-in ready. Included in the sale will be two years of prepaid HOA fees for the lucky buyer of this property. This 3 bedroom, 3.5 bathroom condominium is Kapalua living at its finest.
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Vacant Land
126 Kauhele Place
Kaanapali
$474.9K (FS) |
Prime location within Lanikeha Phase I. This is a full half acre lot located at the end of a cul-de-sac with an elevation that allows for excellent ocean and outer island views of Molokai and Lanai. With full use of the Lanikeha club house amenities.
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