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The Smith Team - Two Generations of Satisfied Customers

  Issue 343 September 29th, 2009 
 
Aloha ,

In this newsletter:
Market Update
Market Watch
Homes Over $1 Million
Homes Under $1 Million
Vacation 
Condos Over $1M
Vacation Condos Under $1M
Residential Condos

  REO Properties
All  Properties

New  Properties
Price Reduction

 Short Sales
Homes
Condos
Land
New Properties
Price Reductions


 Market Update

There is a growing consensus that the recession is over.  Here are a couple of optimistic reports worth reading.

Getting Back to Normal - The Outlook Continues to Improve

8 Reasons Why (We Believe) the Recession is Over

Of course, not everyone feels the same way, so in the interest of being objective, here is a somewhat contrarian point of view.

More Rough Times Ahead for U.S. Economy, Despite Recent Improvements

What do you think?  Are you looking to buy real estate on Maui in the next 6 months, or are you waiting for prices to drop further?  We would love to hear from you.

Mahalo Nui Loa,

The Smith Team

P.S.  Ken is off to Portland today to visit his daughter and her family as well as run in the marathon on Sunday.  He will be back on October 13th.  In the meantime, please contact one of our other Team members if you need help with anything.   

Smith Team Photo on Website.jpg

Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)

Market Watch for September 28th, 2009

 Active Pending Sold Change
Homes  944   (394)  195  (26)  652  (87) -1
Condos 1466  (261) 147  (14)   718  (147) -5
Land  587  (177)   38  (11)    87  (29) +2
Total 2997 (832)  380  (51)  1457  (263) -4

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

275 Maika Street.jpg
275 Maika Street
Wailuku
$1.49M (FS)

Expansive ocean, mountain , and city lights views from the rooms in this Wailuku Country Estates home. This home is situated on a gently sloping 2.14 acre lot with 6 bd. 5 baths, in an island style design. It has a unique flexible floor plan of 3,755 sq. ft., which is plenty of room for a large extended family and their guests. This home features 2 master suites with great views and dual walk- in showers. Extensive use of granite, limestone, stainless steel appliances add to the designer touches found throughout this home. Also includes a 1,000 sq. ft. cottage.

Customer Listing Synopsis

Homes Under $1M

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991 Iulani Street
Haiku

$285K (FS)

 

Bank Owned. Perfect first time buyer home. Well maintained, remodeled and on a quiet street. Bamboo floors, custom counters and sinks, stainless range, refrigerator and stack washer/dryer. Lanai for a hot tub and still some room for keiki to play.

Customer Listing Synopsis

448 S Kamehameha Avenue.jpg
448 S Kamehameha Avenue
Kahului

$300K (FS)

 

Bank Owned. Large home and cottage. Major fixer upper.

 

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684 Hilinai Street
Wailuku

$336.4K (FS)

 

Bank Owned. Large home in Waiehu Terrace! 5 bedroom 3 baths, 1,720 sq. ft. living area on 6,958 sq. ft. lot.

  Customer Listing Synopsis

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71 Keleawe Street
Makwao

$395K (FS)
 

Bank Owned. Best deal Upcountry. House and cottage. Nice neighborhood, convenient to schools, Pukalani, and Makawao town. Yard is fenced for dogs and/or play area. 

 

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190 Holomakani Place
Kula

$599K (FS)

 

Kula living at its best. If you like privacy and space around you, this is a "rare find" location with a beautiful, custom built, view-from-every-room home. On a gently sloping lot in Kula Highlands subdivision. Views, views, views; either ocean or mountain, from every room.

Customer Listing Synopsis

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265 Ohaoha Place
Makawao

$949.9K (FS)

 

Phenomenal value and beauty for this stunning one level home in Maunaolu Plantation on 2 park-like acres with North Shore ocean views as well as captivating Haleakala views. Wonderful large windows abound and create beautiful living spaces with lots of natural light and warmth.

Customer Listing Synopsis

Vacation Condos Over $1M

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Ho'olei T-1
Wailea

$1.8M (FS)
 

Ho'olei offers a unique fusion of tropical beauty and luxury lifestyle awaiting you in the heart of Maui's most sought after resort area, Wailea. For those seeking the privacy of an upscale residence with the ease of a condominium, the exclusive Ho'olei in Wailea, Maui offers the utmost in modern luxuries, a stunning, natural backdrop and lavish resort amenities.

Customer Listing Synopsis

Vacation Condos Under $1M

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Kihei Kai Nani #210
Kihei

$189K (FS)

 

Short Sale. One of Kihei's most popular vacation condos. Across from a "Best Beach in S. Maui" Kamaole II, huge pool, on property office (friendly & knowledgeable staff) & immaculate grounds. Enjoy the complex's outdoor Veranda just steps away from this unit.


 

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Ka'anapali Shores #137 Kihei
$325K (LH)

 

Short Sale. Great 2 bd. 2 bath vacation rental located on ground floor with a tropical view. Steps to swimming pool & sandy beach. Ka'anapali Shores offers 2 swimming pools, 2 spa/hot tubs, gym, tennis courts, a beauty salon and a restaurant.

  Customer Listing Synopsis

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Sugar Beach Resort #102B
Kihei
$349.9K (FS)
 

Bank Owned. Sweet deal is this corner unit 102B at the desirable oceanfront Sugar Beach Resort; centrally located with easy access off highway and a gorgeous beach just steps in front. This resort is a great buy because it just completed a $10 million, 1 year restoration that includes all new roofs, A/C, water heaters, exterior paint, and windows. 


 

Sands of Kahana 134.jpg
Sands of Kahana #134 Kahana
$420K (LH)
 

Bank Owned. Spacious 2 bedroom, 2 bath luxury condo with wonderful oceanviews located in the Sands of Kahana beachfront complex. Hotel like amenities include: 24 hrs. front desk service & security, swimming pools, hot tub, 3 lighted tennis courts, gym facilities, miniature golf, BBQ areas , beachfront access, beach pavillions, and on-site restaurant.


 

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Kapalua Ridge #1412
Kapalua
$745K (FS)

 

Fabulous ocean view location at Kapalua Ridge. Fully furnished with some art exclusions. The entry to this unit is located just off the 8th Fairway of The Kapalua Bay Course and the view from the living areas look out toward the Blue Pacific.

 

Residential Condos

Iao Parkside  25 204.jpg
Iao Parkside 25-204
Wailuku
$187K (FS)
 

Approved Short Sale. 1 to 2 weeks to get approval in your name. Move in to this 2 bd. 2 full bath upstairs unit. This unit is ready to go, clean, fresh paint, upgraded light fixtures and more. Nice flooring, 2 parking stalls and a great price.

  Customer Listing Synopsis

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  Kihei Shores E-207
Kihei

$199K (FS)
 

Short Sale. Beautiful upgraded unit with all the trimmings, including bamboo wood floors, custom paint throughout including art stenciling, granite counter tops, specialty tile everywhere including bathrooms and showers.

Customer Listing Synopsis

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Napili Villas 9-4
Napili
$320K (FS)
 

Bank Owned. 2/2 with ocean views. Quiet corner unit located on the 2nd floor of a small 4 unit building.

  Customer Listing Synopsis




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

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