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Issue 627 March 3rdh, 2015

Aloha ,


In this newsletter:
 

Short Sales
Homes
Condos
Land (0)
New Properties (0)

Price Reductions (0)

Luxurious Oceanfront Estate
$2M Price Reduction!
22 and 6 Waa
22 and 6 Waa Place
Paia

$10.5M (FS)

Customer Listing Synopsis

Market Update

Some lucky home buyers are getting the opportunity to "test-drive" homes before they make the decision to buy.  This trend is occurring more and more in the condo and resort home markets where potential buyers are given the opportunity to hang out with neighbors, cook dinner in the kitchen and even spend the night before making the decision to make an offer.

The Honua Kai, offers a "stay and play" program where potential buyers rent the condo for their stay here on Maui and if they end up purchasing, the cost of their stay is applied to the purchase.  There are many versions of the "try before you buy" trend being offered by developers across the country.


This extra motivation can be the just the thing some buyers need.  However, in the residential home buying market this trend is not gaining as much traction.  Perhaps because some realtors feel letting buyer's hang around for too long will allow them time to over analyze and break the deal. 

Have a wonderful week,

Lindsey for The Smith Team

Ken, Melissa and Lindsey

P.S. - Happy Girls Day!  Girl's Day is a traditional Japanese holiday celebrated in Hawaii.  Although in Japan they've combined Girl's Day and Boy's Day into Children's Day on May 5th here in Hawaii it is still common to celebrate both by giving a small gift.

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

 
Active
Pending
Sold
Change
Homes
602 (304)
227 (36)
956 (171)
-4
Condos
905 (227)
217 (34)
1201 (162)
-15
Land
358 (133)
39 (7)
167 (26)
 -9
Total
1865 (664)
483 (77)
2324 (359)
-28
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

67 Kaniau Road

67 Kaniau Road
Lahaina
$1.425M (FS)
This unique and elegant home has operated as a licensed and successful bed & breakfast in Lahaina for years with great income. The home, which is centrally located one mile from historic Old Lahaina Town and the Kaanapali Beach coastline, has 9 bedrooms.
595 Kumulani
595 Kumulani Drive
Maui Meadows

$1.899M (FS)
A Maui Meadows Masterpiece. The attention to detail is evident as you enter this finely crafted custom home. The exquisite finishes throughout will impress even the most discerning buyers. The upper level opens to sweeping views of the Pacific Ocean, Kahoolawe, Molokini, Lanai and the green Haleakala mountainside.

 
230 E Panana Place
230 East Panana Place
Wailea

$1.975M (FS)
Price Slashed - Custom designed single level “just like new” Wailea Kialoa home. Enter this elegant home and you will immediately notice the beautiful woods and unique granites throughout.

 
 

Homes Under $1M

540 Halemalu

540 Halemalu Place
Wailuku

$525K (FS)
Beautifully remodeled home with new flooring, appliances, granite counters throughout, paint, light fixtures, ceiling fans, etc. Ideally situated at the end of a cul de sac with large yard and privacy. This home is part of the overall Kehalani Community.


 
27 Henohea 2
27 Henohea Street
Kahului

$530K (FS)
Beautiful 2 story home on a quiet cul de sac in the Legends of Maui Lani Subdivision. Large master suite with vaulted ceilings, tiled entry, kitchen and bathroom. Central A/C, solar water heater, irrigation system and vinyl fencing. 
163 Puumakani
163 Puumakani Street
Kahului

$629K (FS)
Pull into the driveway of this Grand Fairways home in Maui Lani and you will not want to leave. This custom designed large 4 bedroom 3 bath floor plan is made for comfortable living.



   
 
12 Kamaiki
12 Kamaiki Dircle
Kahului

$880K (FS)
Short Sale - Highly desired home in the exclusive gated community of The Bluffs at Maui Lani. Home features 4 bedroom/2.5 bath with an upstairs and downstairs family room.



 
239 Kamalei Circle
239 Kamalei Circle
Kahului

$885K (FS)
Wonderful, spacious custom home with 2892 sq. ft. of air conditioned living area, all on one level, in the sought-after, gated subdivision, The Islands in Maui Lani--close to shopping, schools, hospital, the airport and harbor.  You'll be amazed by the beautiful gourmet kitchen with curved granite & Corian counters.

 
 

Vacation Condos Over $1M

Kapalua Ridge 1723-24
Kapalua Ridge#1723-24
Kapalua

$1.285M (FS)
Situated at one of the highest positions in the Ridge, this large 3-bedroom villa has one of the most stunning panoramic views in Kapalua ranging from full Molokai island views to Honolua Bay to the sunrise over the 7th hole of the popular Bay Course.

 
 
Makena Surf A101
Makena Surf #A101
Makena

$2.395M (FS)
A-101 is in the most desirable "A" building for easy oceanfront access and parking. For the Buyer who wants privacy and the convenience of parking next to his front door (no stairs) plus a direct path to sandy beach, a swimming pool adjacent to the beach path & semi private Tennis court. 

 
Honua Kai Hoku Lani 1037
Honua Kai - Hoku Lani #1037
Kaanapali

$2.875M (FS)
Enjoy one of the best seats in the house! Slide open your Nana Wall doors to gaze at extraordinary ocean views from this luxurious penthouse 3 bedroom residence Perched right above the ocean and waves, this is one of the largest homes in the resort.

 
 

Vacation Condos Under $1M

Maui Vista 2110
Maui Vista #2110
Kihei

$289K (FS)
Popular turn-key vacation rental ground floor 1 bedroom / 1 bath unit located at Maui Vista. This unit features tile flooring and comes fully furnished. It has a covered lanai that leads to a grassy area and is just steps to the pool and tennis court.
Kahana Reef 103
Kahana Reef #103
Kahana

$458K (FS)
Wow! Direct ocean front, great location for superb whale watching and just steps to the water. This ground floor unit allows you to walk right out on the grass for sunbathing and watching the Maui sunsets and is north of the pool area.
 
Kaanapali Royal G303
Kaanapali Royal #G303
Kaanapali

$599K (FS)
This 2 bedroom 2 bath townhouse style unit offers partial ocean and Molokai views from both up and down stairs. Both lanais have been enclosed and are permitted. With a desired north westerly direction, you will enjoy cool trade wind breezes.


 
Papakea Resort A301
Papakea Resort #A-301
Napili

$799K (FS)
Rare Offering: One of a kind, Oceanfront, 1 bedroom, 3rd floor corner unit with large living room window, Double sink bathrooms, elongated renovated kitchen.  Fully upgraded. Beautifully furnished. Impressive.

 


Residential Condos

 

Harbor Lights A319

Harbor Lights #A319
Kahului

$85K (FS)
Very tastefully redone and well taken care of unit. If you have been looking for something to get you into Maui, this is the unit for you. 2 bedroom, 1 ½ bath condo with views of the pool. Remodeled unit with brand new counter tops, painted, ceiling fan, some electrical, newer ceramic tile and newer laminate flooring.
 
Kihei Villages 6-104
Kihei Villages #6-104
Kihei

$222K (FS)
Bank Owned - In North Kihei. Clean, 2 bed 1.5 bath ground floor unit with enclosed back yard. 1 deeded parking space, walking distance to Kenolio park and a sandy beach.
Villas at kahana Ridge 33
Villas at Kahana Ridge #433
Kahana

$475K (FS)
If you are looking for a 3 bedroom bi-level home with a big game room or 4th bedroom then you must see this very architecturally dramatic corner condo with an amazing full unobstructed Molokai ocean views.



 
Wailea Fairway Villas X-101
Wailea Fairway Villas #X-101
Wailea

$650K (FS)
Sweet ocean, mountain, and golf course views - this is a remodeled 2b//2b ground floor unit - no carrying groceries upstairs - overlooking the old 16th green of the Blue Course. This coveted end unit offers extra privacy. 


 
Wailea Palms 3202
Wailea Palms #3202
Wailea

$990K
As you enter this Expansive 1,559 sf condo you are greeted with Views Stretching over Lush Landscaping and out to the vast Pacific Ocean. This 2 bedroom, 3 bath unit offers gorgeous Ocean Views from every room.



 
 

Vacant Land

0 Pokakuloa

0 Pohakuloa
Molokai

$1.6M (FS)
This fabulous 2-lot estate in West Molokai's Papohaku Ranchlands at Kaluakoi Resort is the ultimate private getaway, with beautiful views of year-round sunsets, Diamond Head (with the evening glow of Honolulu city lights), and whales breaching in season.
 
246 Keoawa
246 Keoawa Street
Kapalua

$1.9M (FS)
This is one of only four large lots over 25 acres in the Kapalua Resort making this offering the rarest of opportunities. A private enclave within the gated Plantation Estates community, this property allows for complete privacy and relaxation.


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

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