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Issue 675 February 2, 2016

Aloha ,

In this newsletter:

Short Sales
New Properties

Price Reductions

Wonderful Luxury Estate
 120 Punakea 
120 Punakea Loop

$5.395M (FS)

Customer Listing Synopsis

Market Update

Perched on the Wailea hillside, located across the street from the Fairmont at Kea Lani, Makali'i at Wailea is the newest luxury residential community.  Makali'i at Wailea will be breaking ground in July and completion is anticipated for early 2018. 

Makali'i is designed in the contemporary modern 1950's Hawaiian style.  It will consist of 68 luxury 2 and 3 bedroom townhomes (17 4-plex buildings) with 3 different floor plans. The living areas will range from 1,574 -1,802 square feet. 

Prices start at $1.025M, contact us for the complete developer price list. The developer is accepting offers now.

wailea_map_small 2
Have a wonderful week,

Lindsey for The Smith Team

Ken, Melissa and Lindsey

P.S. - 17 Maui properties made the U.S. News & World report best hotels list. The Four Seasons Resort Wailea topped the list as the best hotel on Maui.  It ranked 3rd in Hawaiʻi and 28th in the United States.
Melissa Smith R (B), Ken Smith R (S)
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Market Watch

587 (340)
243 (33)
1087 (179)
885 (221)
211 (20)
1196 (163)
340 (115)
39 (6)
148 (22)
1812 (676)
493 (59)
2431 (364)
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

4005 Maalaea Bay Pl
4005 Maalaea Bay Place

$1.495M (FS)
This 2 bedroom, 1 bath oceanfront home has incredible surf out front.  Easy access to the ocean and wonderful white sand beach nearby.
150 Ala Hoku
150 Ala Hoku Place

$1.995M (FS)
Contemporary single-level residence situated on over 2 acres with excellent ocean views. This agricultural community is well located between Kaanapali and Kapalua Resorts and in close proximity to Maui Prep Academy. Ohana can be added. Privacy - Panoramic Location - Quality Construction.
12914 kula12914 Kula Highway

$2.49M (FS)
This legacy property located Upcountry is completely private from the road with security gate. Two well built cottages on 22 acres of amazing privacy.  Horse stable and riding arena and vast upcountry lands all around.

337 Manawai
337 Manawai Place

$3.1M (FS)
A quiet county lane leads to this two acre property and pleasures the eye with stunning blue Pacific Ocean views. Guests will arrive at the front entry by way of the circular driveway. Prepare for a "wow" moment as you pass through the custom carved double front doors. 

459 hana
459 Hana Highway

$3.85M (FS)
Rare opportunity to own a beachfront property on Maui's North Shore. This is a gorgeous concrete and masonry, two story contemporary home with 5 bedrooms and 4 baths, 4,224 s.f. of indoor living area and 738 s.f. of outdoor lanai, dry sauna, steps away from the gorgeous white sand beach. 


Homes Under $1M

2035 Kahekili
2035 Kahekili Highway

$395K (FS)
Bankruptcy Sale being sold unfurnished and as-is. Some ocean view, multi-family potential. 

465 Makawao795 Makawao Avenue

$465K (FS)
This low maintenance 3 bedroom, 1 bathroom Upcountry home with covered patio is freshly painted and move-in ready. A concrete wall almost completely surrounds the property for privacy and its location is close to Makawao town, schools, and sports recreation.

857 Kalena
857 Kalena Street

$475K (FS)
Quaint, old plantation style home. Well maintained 3 bedroom, 1 bath home with attached garage. Mango and citrus trees on the property. Great potential for a remodel.  Seller willing to work with buyer on options. Price reduced to $475,000.

330 Naholo Circle

$555K (FS)
Short Sale - Large all usable corner lot.  Main house is a single story/hollow tile house, with a flexible layout, consisting of 5 bedrooms and 3.5 bathrooms. It is in good condition.  Roof replaced in 2004 with electrical and plumbing upgrades done in 2004 and 2005.  There is an attached ohana on the 2nd level with 2 bedrooms and 1.5 baths that was built in 2006.
44 Hoolai
44 Hoolai Street

$564.9K (FS)
Bank Owned - Great Potential! Three dwellings on a large lot upcountry Maui!  Being sold 'As Is' and easy to show.

188 Ikea
188 Ikea Place

$585K (FS)
Redwood and cedar single-family home needs renovation - value in the land. Land is 41,576 s.f. end lot, Oceanside corner lot up against expansive Agricultural lands on two sides. Views for miles. County zoned R-3, so possibilities of multiple homes, large lot! Buyer to do own due-diligence. Great spot for a family compound. 


Vacation Condos Over $1M

Makalii at Wailea 8a
Makali'i at Wailea #8A

$1.035M (FS)
A singular residential community of just 68 townhomes, these Wailea Resort hillside homes connect you to living in harmony with the land, surrounded and embraced by nature. With its exceptional hilltop location across from the Fairmont Kea Lani Resort, Makali‘i enjoys stunning, unobstructed ocean views.

Kapalua Bay Villas 12b
Kapalua Bay Villas #12B 1&2

$1.295M (FS)
The Kapalua Bay Villas are one of the most sought after locations in all of Kapalua. The views from this spacious 2 bedroom, 3 bath condominium are absolutely breathtaking. As you relax on one of your three lanais enjoying views of Molokai, you will be serenaded by the sound of breaking waves as they roll in from the Pacific.
Mahana 1119
Mahana #1119

$1,499,888 (FS)
Fabulous ocean view condo. The best Mahana has to offer. This is a gorgeous end unit on the south side of the Lanai tower. Beautiful view, you can see past the Black Rock. The unobstructed view from the living room is the ocean, islands of Lanai Molokai and view from the side is the ocean, Black Rock and Honua Kai grounds.

Honua Kai Hoku lNAi
Honua Kai Hoku Lani #201

$3.875M (FS)
This is a very rare opportunity to purchase a prime 3 bedroom, 3 bath beachfront home in the south wing of the Hokulani Enclave at the Honua Kai Resort-Kaanapali's first beachfront property in 25 years. This home is deemed an "Ali'i" unit, which means a home fit for royalty.  


Vacation Condos Under $1M

Papakea Resort #L104

$199.9K (FS)
Bank Owned- A ground floor unit just steps away from the ocean. The Papakea Resort, is a very popular low rise garden paradise situated on 13 acres of tropical landscape, freshwater lagoons, expansive lawns and coconut palms. On site are 2 pools, 3 tennis courts, 2 jet spas, 2 saunas and barbecue areas. This is an ideal location close to shopping, dining, and the beach.
Kihei Garden estates
Kihei Garden Estates #G-106

$275K (FS)
A small boutique style condo complex located by Waiohuli Beach so just cross Uluniu Road for amazing ocean views, spectacular sunsets and a white sandy beach. Step into this ground floor unit and immediately catch a glimpse of the courtyard that offers a tropical beautiful serene setting. The lanai has been extended to provide additional space for enjoyment.
Kihei REsort
Kihei Resort #127

$299K (FS)
Great price for this beautifully upgraded one bedroom, ground floor unit at Kihei Resort! Located across the street from Kalepolepo beach, this quiet, comfortable, low density community with 64 charming units in a beautiful & tranquil garden setting is waiting for you to come home! This first floor end unit has a spacious feel & has been meticulously maintained!
Napili Shores #G-256

$499K (FS)
Suite G 256 has been fully remodeled with tile flooring, mirrored sliding doors, murphy bed, granite countertops being offered turnkey. Napili Shores is an oceanfront property of 166 one-bedroom and studio apartments. Napili Shores Resort is located oceanfront within steps of the white sand beach of world famous Napili Bay.
internatioanl colony club
International Colony Club #35

$549,850 (FS)
Great opportunity to put your own custom touches on this Old Hawaii cottage. Property is in need of repairs and updating but once completed would be a great vacation rental as well as your own personal getaway. Just minutes from Airport Beach park with great swimming and snorkeling.

Hale Kamaole 331
Hale Kamaole #331

$599.5K (FS)
Exciting, beautifully furnished and upgraded Hale Kamaole unit, features a highly desirable loft adding extra sleeping area or office. The newer kitchen is designed for maximum storage, full extension drawers, the wide counter open to the dining area is complete with high quality built-in bookshelves. Entry, hall, kitchen, dining and living area is tiled adding to the quality and spacious feeling.
Grand champions
Grand Champions #47

$618.8K (FS)
Grand Champion Villas is one of Wailea's most popular vacation destinations. This floor plan is the  2 bedroom lock out unit with 2 separate entrances offering the best possible options to owners and guests.

Residential Condos

Kihei Shores
Kihei Shores #A-205

$229.9K (FS)
Bank Owned -Freshly painted, new carpet, original kitchen and bathrooms. Across street from ocean and beach. Motivated seller.

Milo court
Milo Court at Kehalani #25

$495K (FS)
Milo Court is Kehalani's hidden gem. This 3 bedroom, 2.5 bath condo complex is one of the few pet friendly complexes on Maui, with a 2 car garage. This lovely home is located in the cul-de-sac. The fenced back yard has irrigation installed, and neighbors the Yokouchi Family Estate. Floorplan is split with Living/Kitchen/Powder room downstairs, and 3 bedrooms, 2 baths upstairs.
Opukea At Lahiana A102
Napili Villas #8

$515K (FS)
This top floor rare one-level unit has beautiful ocean views from the living/dining room. The condo features vaulted ceilings, granite countertop, plantation style wood louvered window coverings, and a floor-to-ceiling built-in book case in one bedroom.

Wailea Fairway
Wailea Fairway Villas #T-201

$677K (FS)
Rarely available Wailea Fairway Villas top floor unit with phenomenal ocean views.  Enjoy stunning sunsets, relaxing Wailea Blue golf course fairway views and soothing ocean views from the privacy of your own lanai. T-201 is offered fully furnished with newer furnishings, tiled entry, granite countertops and vaulted ceiling.
Ke alii ocean
Ke Alii Ocean Villas #E-104

$779K (FS)
This is a beautiful, well maintained 2 bedroom, 2 bath residential condo located at the highly desired Ke Alii Ocean Villas.  This unit is the best priced condo at time of listing. Beautifully upgraded with Brazilian teak hardwood in the living area.  


Vacant Land

0 river
0 River Road

$320K (FS)
1.5 acres in beautiful Waihee Valley known for the “Swinging Bridges Hike” and “Waihee Ridge Trail”. This is a tropical hideaway, yet just 5 minutes from Wailuku town. There is a year-round stream that runs through the property, and Waihee River flows just below the property. Neighbors in the valley grow taro, and many varieties of tropical fruits.
246 Keoawa
246 Keoawa Street

$1.495K (FS)
Extraordinary 25-acre lot located at the pinnacle of Plantation Estates in Honolua Ridge Phase II. Offering the ultimate in privacy with panoramic ocean views as well as vistas of Lanai and Molokai. Unique opportunity to acquire the phenomenal property at an exceptionally good price.


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

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