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Issue 785 March 13, 2018

Aloha Valued Subscriber

In this newsletter:

Short Sales
 New Properties
Price Reductions

Beachfront Estate
1614 Halama Street 2
1614 Halama Street 
$7.195M (FS)

Customer Listing Synopsis


Market Update

The Maui real estate statistics provided by the Realtors Association of Maui are in for February 2018.

Quick Facts

Changes in number of closed sales (all properties)

Changes in median sales price (all properties)

Changes in number of homes for sale (all properties)

RAM says, "The three most prominent national market trends for residential real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year-over-year declines in home sales."  RAM also states that "higher prices also indicate a higher demand leading to competitive bidding".

New listings have decreased by 8.3% for single family homes and 6.5% for condos.  Inventory decreased 13.5% for single family homes and 25.6% for condos.

According to the data, single family home sales on Maui increased 50.8% from this time last year and 10% from the month before.
From looking at the statistics, it looks like now is a good time to sell due to the lack of inventory.  Let us know how we can help you.


Have a wonderful week!

Ken, Melissa, Greg and Lindsey

P.S. - Maui students organize a "Concert for Our Lives" to end gun violence planned for March 24th.  This star-studded event will feature participation from Jack Johnson, Willie Nelsen, Kris Kristofferson, Willie K, Landon McNamara, Lily Meola, and surprise guests.  Proceeds will be donated to organizations that support Maui youth and working on a national level to end gun violence in schools.

Melissa Smith R (B), Ken Smith R (S), Gregory Smith R (B), Lindsey Taylor R (S)
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Market Watch

512 (300)
218 (52)
1155 (267)
648 (184)
341 (51)
1497 (202)
352 (145)
40 (9)
237 (26)
1513 (629)
599 (112)
2889 (495)
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.

Feb 2018
Jan 2018


Homes Over $1M

45 laukahi
45 Laukahi Street
$1.179M (FS)
Stunning 4 bed, 3.5 bath single story home in prestigious Moana Estates.  Very popular one story open floor plan model. This home shows better than new with upgraded cabinets, granite counter tops and some new appliances.

63 laukahi
63 Laukahi Street

$1.275M (FS)
Situated in the best location in the entire Moana Estates subdivision, this large 4 bedroom and den home is in pristine condition with spacious bedrooms large living area and beautiful flooring throughout the entire home. 

357 kualono357 Kualono Place
$1.495M (FS)
This custom home offers a spectacular setting from the upper level wraparound lanai on the green belt. 7 sliding doors throughout this 3 bed, 2.5 bath home offer the best in indoor/outdoor living. 

346 aalii
346 Aalii Way

$1.75M (FS)
Elegant single level home with 3 bed, 2.5 bath within the gated community of the sought after Kaanapali Golf Estates. Amazing ocean and island views, with the West Maui Mountains behind.

4280 Melianani
4280 Melianani Place

$4.95M (FS)
This home embellishes the true meaning of a tropical oasis while fronting the Wailea Blue Golf Course. Private and secluded with a stunning view of Molokini. This special and unique 4 bed, 4.5 bath residence offers an extraordinary and exclusive location at the end and on a cul-de-sac surrounded with lush tropical gardens.

Homes Under $1M

638 lalani
638 Lalani Circle


$499.9K (FS) 
Bank Owned - A solidly built 3 bed, 1.5 bath home of cinder block construction located within close proximity of Lihikai School and public transportation. With a large yard for a garden or perhaps a small ohana. There is a wet bar and sky light in the family room with several additional rooms at the rear of the home. 

269B alohilani
296B Aliiolani Street
$549K (FS)
Very private and serene location sits this beautifully remodeled 2 bedroom cottage on 8,618 sq ft of land. Features include gorgeous bamboo cabinets, granite counters, new stainless steel appliances, new under mount double sink and fixtures.

33 kapalaia
33 Kapalaia Place
$645K (FS)
Bank Owned - 4 bed, 3 bath home in Ohia at Kehalani subdivision.  1,890 sq ft of living area, this home is in need of some TLC. 

170 Welakahao Road

$699K (FS) 
Bank Owned - Perfect investor property 9% cap rate could be as high as 15%. Renovated in 2012 with new kitchen, bath and flooring. Spacious lanai on main house creates privacy for main dwelling, perfect for entertaining. Property is located on a flag lot away from main road. In whole there are 5 units. (3) units are 3 bed, 1 bath. (2) units are 1  bed, 1 bath. 

75 haaheo
75 Haaheo Place

$859K (FS) 
Newly remodeled house and cottage in a desirable Pukalani neighborhood. Home features 3 bed, 2 bath, with a large 672 sq ft lower level/basement. Separate 1 bed, 1 bath cottage, with attached large, 409 sq ft patio. 

2840 umalu
2840 Umalu Place

$999,999 (FS)
Tucked away in the end of a cul-de-sac on a hill to capture the tropical views that surround the area. You will be pleased to capture some ocean view from different rooms in the 6 bed, 4.5 bath home.


Vacation Condos Over $1M

konea 232
Honua Kai -Konea #232
​$1.3M (FS)
This lovely 2 bed, 2 bath condominium home has Pu'u Kukui views and a huge wrap lanai. Situated on beautiful, world renowned Ka'anapali Beach, this spectacular resort offers dining, shopping, beach activities and complete relaxation. 

Kaanapali Shores 601
Kaanapali Shores #601
​$1.85M (FS)
Experience an incomparable view, a one of a kind setting and a luxurious, roomy 2 bed, 2 bath villa on the beach. This is the best value on the beach anywhere on Maui’s West Side. The view is wide open and unobstructed, just imagine a 180 degree view and expand it. You have that view from inside and outside.  
ekahi 34c
Wailea Ekahi #34C

$1.85M (FS) 
Beautiful expanse of lawn and ocean views from the open living, dining and kitchen areas and master suite in this immaculate ground floor unit that lives like a single-family residence with three separate lanais. Sliding doors from the living and dining areas open to an expanded lanai with a fantastic view over Ekahi's greenbelt and dazzling sunsets.


Vacation Condos Under $1M

Kauhale Makai 427
Kauhale Makai #427

$370K (FS) 
Spectacular 4th floor 1 bedroom unit centrally located in the complex with great ocean views from main living space and bedroom. This unit was updated in 2014 with many great upgrades and unit shows very well. 

  luana kai b313  
Luana Kai #B-313
$635K (FS)
This spacious remodeled furnished ocean view 2 bed, 2 bathcondo is situated in the best view building. Located with great ocean views, winter sunsets and lovely "heated" pool view. Whale watching right from your lanai or keep an eye on your kids around the pool and putting green. Open beam cathedral ceilings create a large open feeling.  
mahana 407
Mahana #407

$895K (FS) 
Gorgeous direct oceanfront location 1 bed, 1 bath that has been supremely maintained and highly upgraded. Mahana 407 offers a perfect location for whale watch and year-round sunsets from the 4th floor, with unobstructed views and privacy.

ekahi 43B
Wailea Ekahi #43B
$949K (FS) 
Beautifully remodeled Wailea Ekahi unit. Excellent location close to best Maui Beaches. Excellent rental income history. Booked solid. Large B style unit with a large bedroom and murphy bed in the living room and 2 baths. 


Residential Condos

harbor lights b406
Harbor Lights #B405

$109.9K (FS)
Bank Owned - Remodeled 2 bed, 1.5 bath unit with new fixtures, new cabinets, new countertops, and fresh new paint. Harbor lights B406 is located on the top floor with views of Haleakala and partial ocean views. The unit is within walking distance to the shopping center, parks, and college. This unit is pretty much turn-key, just bring your appliances.

  kamoa views 1 
Kamoa Views #312
$284.9K (FS)
This clean 1 bed, 1 bath unit boasts Haleakala views offering plenty of natural light and brightness making it exceptionally inviting. The unit has has new Mohawk carpets and padding making it move in ready. 

southpointe 11-106
Southpointe #11-106


$311,524 (FS) 
This 2 bed, 1.5 bath unit offers much potential with an open kitchen and living room floor plan, and includes a large, private backyard with a utility shed for additional storage or work space.

southpointe 11-204
Southpointe #11-204

Rare 2 bed, 2 bath on the second floor at Southpointe. High efficiency hot water heater installed 2 years ago and the dishwasher was replaced 1 year ago. Tile flooring in the kitchen, both bathrooms and hallway, and laminate flooring in the living area. Granite counter-tops in kitchen. 

kamalani 1206
Flats at Kamalani #1206

$370K (FS) 
Brand new, condominium homes. Fully equipped, with gas range and oven, refrigerator, full-size stacked washer and gas dryer, fiber-optic high-speed internet, private yards and two assigned parking stalls. The 2 bed, 2 bath units are approximately 804 sq ft indoor living area. 

ke alii ocean villas j-203
Ke Alii Ocean Villas #J-203

$939.5K (FS)
This beautiful and spacious ocean view 2 bed, 2 bath residence with loft epitomizes modern and contemporary Hawaiiana living. This unit features a large covered lanai, high ceilings, stainless steel GE appliances, oversized dual glaze windows, ceramic tile, black granite counter tops, solid wood doors, Grohe fixtures, central air conditioning. 


Vacant Land

5530 Makena
5530 Makena Road


$7.9M (FS) 
This magical location is only steps away from the new world class Discovery Land Resort on Makena’s secluded Black Sand Beach opens the door to a rarely seen lifestyle that captures Maui’s essence: panoramic ocean views a stone throw from the property and immediate access to warm-water swimming, snorkeling, kayaking, boarding and whale watching. 

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

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