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Issue 676 February 9, 2016

Aloha ,

In this newsletter:

Short Sales
New Properties

Price Reductions

Prime Beachfront Estate
9 Kapalua Place

$17.6M (FS)

Customer Listing Synopsis

Market Update

Remember the saying, "Lucky we live Hawaii."  A study from the Gallup-Healthways Well-Being Index shows that Hawaii is the home to America's happiest people.

The well-being index is based upon 5 essential elements of well-being including your sense of purpose, social relationships, financial, community, and physical health.  Hawaii's well-being index score is 64.8 followed by Alaska with a score of 64.1.

Hawaii, Colorado, and Montana are the only states in the 10 every year since 2012.  West Virginia has the lowest well-being for the 7th straight year.

Have a wonderful week,

Melissa for The Smith Team

Ken, Melissa and Lindsey

P.S. - The Super Bowl of surfing, Quiksilver Eddie Aikau Big Wave Invitational will be happening tomorrow at Oahu's Waimea Bay.  This event is only held when waves are 30 to 40 feet and is considered the world's most prestigious surf event.  The last contest was held 6 years ago.
Melissa Smith R (B), Ken Smith R (S)
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Market Watch

601 (339)
246 (40)
1092 (180)
896 (221)
211 (25)
1207 (163)
343 (115)
35 (5)
152 (23)
1840 (670)
492 (70)
2453 (366)
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

131 Aleiki Place

$5.990M (FS)
Rare opportunity to own right on one of Maui's best beaches. Hawaii Living with the ocean at your back door-walk across your lawn, out to the beach, the waves ready for a day of surfing, wind-surfing, kite-surfing, stand up paddling, and/or ocean kayaking. Open floor plan where the gourmet kitchen and living room merge naturally onto the spacious lanai and green lawn fronting the beach.  Two luxury master bedroom suites with huge ocean views upstairs and two bedroom suites downstairs. All bedrooms with en-suite baths. Guest cottage is attached from upper level walkway which overlooks the refreshing pool.
246 Ulukoa Place

$4.495M (FS)
This world class, custom home in Ka’anapali Golf Estates boasts golf course, ocean & outer island views. This private, spacious 4 bedroom, 4 bath, 5,360 sq.ft. masterpiece with disappearing glass walls affords one that quintessential seamless indoor/outdoor Maui lifestyle. Completed in 2006 & set upon a spacious .69-acre fairway-fronting lot, the custom gated entry opens to a pavered motor court, a 1,028 sq.ft. 4-car garage, & a copper-roofed porte-cochere with its ‘Bird of Paradise’ security gate.
78 Iwa
78 Iwa Place

$1.849M (FS)
A classic Kaanapali contemporary residence, this 5,900 sq. ft. home offers breathtaking panoramic ocean and island views of Lanai and Molokai. Gracious main floor features soaring 25 ft. ceilings engaging a tropical ambiance from the exterior. Spacious open concept great room with wet bar and large gourmet kitchen. Two bedrooms and one and half baths featured on the main level. Three bedroom suites complete the elegant second floor living, the beautiful grand master en-suite offers two walk closets and a private balcony with mesmerizing ocean and island views.  
3032 S. Kihei Road

$15.9M (FS)
Situated on 1/2 an acre with an expansive, golf course style manicured lawn and a full 95 feet of linear beach frontage, this gated property is adjacent to the luxurious 5-Star resorts of Wailea and Makena. The heated, salt water pool provides a private spa hideaway.  This peaceful home was crafted with the graceful design of true Hawaiian flow-through living by incorporating exquisite Ohia Posts that provide stunning architectural beauty in the interior great room. Disappearing doors create a seamless transition from inside to out.  The copper roof and many skylights add to the peaceful, airy feel in all three large bedrooms. A conveniently appointed kitchen boasts a monkeypod island and honed granite countertops that blend exquisitely with the stunning wood floors. The many custom touches in the 2,965 sq. ft. Kamaaina main house are repeated in the detached pool house that serves as a luxurious office or a 2 bedroom, 1 bath guest cottage. 


Homes Under $1M

 72 2 
62 Maunaleo Place

$779K (FS)
Centrally located in one of Wailuku’s most desirable neighborhoods Maunaleo at Kehalani. 4 bedrooms 3 full baths, granite counter tops in the kitchen and all 3 baths. Beautiful ocean, Haleakala and harbor views from the upstairs master suite. 2 additional bedrooms on the upper floor at the opposite end of the home for privacy. There is an additional 4th bedroom and full bath on lower level with easy access to the beautifully landscaped, spacious, private back yard and tiled lanai. Additional features include solar hot water, central air, large 2 car garage and covered Porte-Cochere.

8484 Maunaleo Place

$795K (FS)
Enjoy the comfortable and very welcoming ambiance of this spacious 5 bedroom, 4 bath, 2,699 sq. ft. luxury home in the Maunaleo subdivision. Beautifully designed with a spacious open living room and extra large kitchen and dining area. There is a lovely guest room with full bath downstairs and the master suite and additional bedrooms are all upstairs. This home features central air conditioning throughout the house and the exterior has just been painted. The lot is 9,622 sq. ft. with gorgeous landscaping and the location is at the end of a cul de sac.
325 Puumakani Place

$729K (FS)
This beautifully renovated 4 bedroom, 3 bath home is close to schools, golf course, markets & parks. The master suite located on the second floor, is large enough for its own sitting area. The kitchen and the dining/living room area also on the second floor. The 3 other bedrooms are on the ground floor. Split system air conditioning on both floors, granite counter tops, new cabinets, new LG appliances, and beautiful landscaping.


Vacation Condos Over $1M

Wailea Point 407

$4.7M (FS)
World class oceanfront location with stunning southwesterly ocean views toward Molokini and the South Maui coastline. Most sought after large “mezzanine” floor plan with a beautifully improved interior of 2,807 sq. ft.  This 3 bedroom, 5 bath residence is located just steps to Wailea Beach, Four Seasons, and the “makai” pool & pavilion. Protected from the trades, an idyllic Wailea property at a very competitive price.
404 2
Wailea Beach Villas 404

$4.35M (FS)
Extremely rare panoramic ocean view Wailea Beach Villa penthouse in a quiet location. Gated entry with the finest and highest rated property on Maui. This is a luxuriously fully furnished 2 bedroom, 2 bath with den. Dream popular vacation rental offers Hawaiian living at its best. Amenities include pools, spas, fitness center, billiard room plus easy access to Wailea Beaches and The Shops.
Royal Mauian 206

$1.195M (FS)
This is a spacious two bedroom, two bath unit with a great ocean view, and it has just been recently renovated. The Royal Mauian is one of the best oceanfront condominiums complexes on Maui. It has lovely grounds and a pool that look over the beaches at Kamaole I and II. There is also a pool and a huge roof deck with barbeques and plenty of seating for sunset dinners with friends.  This complex allows for vacation rentals.

Vacation Condos Under $1M

Kihei Kai Nani 244

$299K (FS)
This remodeled and updated Kihei Kai Nani unit is a short stroll to both the pool and the beach yet an insulated distance form Kihei Road. Its second floor location provides peace, privacy, nice garden views, and balmy breezes. This unit has all tiled floors and remodeled kitchen/bath. The totally redone kitchen includes wood cabinetry with self closing drawers. Well appointed furnishings throughout.  Kihei Kai Nani arguably offers the best cost effective way to enjoy South Kihei when you consider price, location, and accommodations.
Nani Kai Hale 606

$450K (FS)
This top floor beachfront unit has expansive ocean and mountain views. Updates include tile floors throughout, 2 beautifully tiled showers, and granite countertop in the kitchen. Amenities including solar heated swimming pool, expansive BBQ and beachside shower.
Kamaole Sands 3-206

$525K (FS)
Completely remodeled second floor unit with large lanai. It has tile throughout and updated furnishigs.  It also has some ocean and garden views from the lanai and is walking distance to shops and restaurants.  The pool area has an exercise room.

Kapalua Golf Villas 17T7

$759K (FS)
Completely renovated in 2009, this 1 bedroom, 2 bathroom property offers 987 square feet of spacious living. Mosaic granite and travertine pineapple accenting the gorgeous kitchen; custom teak and travertine pedestal basin in the powder room; luxurious cherry cabinetry; and the showpiece: custom designed granite master bath with backlit mirrors showcasing God's natural beauty and man's artistic talent.  Enjoy endless relaxing hours in the first floor bathroom soak tub with rain head shower complete with new tile, restored pedestal sink and fixtures. Master bathroom was reconfigured with new cabinetry, granite counters, backsplash, lighting, sinks/fixtures, ceiling fan, washer-dryer and new tile flooring.  Kapalua Golf Villas is a golf front community consisting of 186 apartments in sixteen 1-story and 2-story buildings spread across 15.84 acres. The amenities include multiple pools and BBQ areas. The complex allows daily vacation rentals..

Royal Mauian 509

$849,900 (FS)
First time on the market and in the most-desired middle section of the building. Mesmerizing views of sunsets on a year round basis. Watch the whales frolic, cruise boats sailing by, paddle boarding, snorkeling and enjoy the laid back lifestyle of this gorgeous ocean front location between two of South Mauis finest swimming beaches, Kamaole 1 and Kamaole 2 beach parks. This unit was remodeled about 3 years ago with new kitchen cabinets, granite counter tops and back splash. Bathroom was also given a makeover with new vanity, toilet and tiled shower.



Residential Condos

Southpointe at Waiakoa 12-105

$284,500 (FS)
Beautifully redone 2 bedroom, 1.5 bath ground floor unit at Southpointe at Waiakoa.  This condo is in a highly desirable location in the complex since the living room looks out onto the covered lanai area and spacious yard that backs up to a green belt. Vacant and easy to show.

Southpointe at Waiakoa 2-202

$243K (FS)
This second level, 2 bedroom, 1.5 bathroom units sits in the best location at Southpointe at Waiakoa. It come with 2 parking stalls.  New paint, carpet, ceiling fans, window coverings and living room AC are just a few of the recent updates. Bathroom was updated in 2013. This is a pet friendly complex.  Enjoy the fenced playground area, BBQ, and community party room. Easy access to some of South Maui's best beaches, shopping, restaurants and centrally located between Kahului and Wailea.
Kihei Villages 31-202

$285K (FS)
This 2 bedroom 1.5 bath unit has newer kitchen cabinets, granite countertops, double kitchen sink, glass top oven, microwave and new flooring throughout. Offers a recreation area and children's playground. A pet-friendly complex.


Vacant Land

0 Kahekili Highway

$3.95M (FS)
Hale Mua is a 238-acre site that is a proposed ag or residential development planned for Waiehu, Maui County, Hawaii. The project was previously planned to provide the local housing market with a collection of 466 new homes for the growing housing market, including a number of affordable housing units to supply the area's growing need for workforce housing. The proposed project was comprised of 238 acres of prime real estate just one-half mile from the beaches in Waiehu, the nearby commercial center of Kahului and is within driving distance of some of Hawaii's finest oceanfront resort towns of Wailea, Kaanapali, and Lahaina. Hale Mua had been accelerated for development on Hawaii's "fast track" 201G program which allows for new development to receive land plan approval quicker for those projects that contain a higher composition of affordable housing.

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

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