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The Smith Team - Two Generations of Satisfied Customers

  Issue 310 Feb 10th, 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
Vacant Land

 

 

Market Update

Each week we endeavor to bring to your attention a few of the very best buys, and this week is no exception as you will see when you scroll through the properties below.

Of course, there are some properties such as the one featured above in Kula that are so spectacular and such a feast for the eyes that they deserve mention even if we feel they may be somewhat overpriced.

In today's market, it is fairly safe to say that most Sellers are motivated.  If you see something you like but the price is either more than you can afford or you feel it is too high, don't be afraid to make an offer.  

Last week, a beachfront home in Makena with asking price of of $14.5 Million sold for $7.75 Million.  Dreams sometimes do come true.

Have a great week!

Mahalo Nui Loa,

The Smith Team

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 February 9th, 2009

 Active Pending Sold Change
Homes 1065 (477) 110 (17) 861 (159) +1
Condos 1702 (361) 104 (5) 734 (202) +13
Land 582 (183) 23 (8) 90 (33) -2
Total 3349(1021) 237 (30) 1785 (394) +12

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

3160 S Noho Loihi Way.jpg
3160 S Noho Loihi Way
Wailea
$1.487M (FS)
 

Wailea Pualani Estates.  Spacious, private, single-level home features lovely ocean views with beautiful sunsets and lush tropical gardens from the main living areas as well as the master bedroom retreat.  Gourmet style kitchen.

 

42 Holomakani.jpg
42 Holomakani Place
Ka'anapali
$1.518M (FS)

 
Foreclosure. Lender is selling this property to highest qualified offer received by 3/1/2009. New roof, gutters, stucco, pool with new plaster.
 

 

 

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139 Hakui Loop
Ka'anapli
$1.598M (FS)

 

Timeless contemporary design with 180 degrees of ocean views from the top of Kaanapali Hillside. This custom luxury home has it all, 30 foot ceilings, central air conditioning, custom solid oak cabinets, and much more. 

Customer Listing Synopsis

3855 Wailea Ekoku Drive.jpg
3855 Wailea Ekolu Drive
Wailea
$2.5M (FS)

 

Offering breathtaking panoramic views of the azure blue Pacific and outer islands, this beautiful home is located in one of Wailea's most prestigious gated communities. Totally private, the oversized wrap around lanai is perfect for entertaining family and friends or for enjoying one of Maui's magnificent nightly sunsets.

Customer Listing Synopsis

1445 L kimo Drive.jpg
1445 L Kimo Drive
Kula
$2.95M (FS)

 

Hoku Olulani. Be inspired & rejuvenate. This Kama'aina estate is very special. Once home to Princess Kapiolani Kawananakoa. 3.86 acres, well groomed and serene.  Immerse yourself in total privacy and serenity.

Customer Listing Synopsis

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408 Wekiu Place
Ka'anapali
$2.965M (FS)

 

Best ocean views stretching from Molokai to Lahaina & overlooking Ka'anapali resort in the gated Summit Estates. Guest quarters with in-suite bathrooms & its own seperate guest lounge with wet bar,refrigerator & dishwasher.  

Customer Listing Synopsis

Homes Under $1M

120 Koehana.jpg
120 Koehana Street
  Makawao

$398K (FS)
 

Beautiful 2 story Makawao home w/ 2 bd. 1 ba. upstairs and a multi-purpose room with a bathroom downstairs. This home has recently been remodeled with brand new paint inside and out, new kitchen counter tops, new carpet, new tile and much more. 

 

56 Honuhulu.jpg
56 Honuhulu Street
Kihei

$699K (FS)

 

Short sale house and cottage. Elegant detail throughout with open kitchen for entertaining, beautiful master suite, plus two bedrooms, three full baths, and a beautiful manicured lawn with rock wall for privacy. Luxury features include split A/C system, granite counters, travertine flooring, tropical lighting package, and much more.

Customer Listing Synopsis

136 Kahiapo.jpg
136 Kahiapo Place
Haiku
$750K (FS)
 

Investor foreclosed. Over ½ acre lot with a large main home, and 2nd home that could be used as a 3 bd. 2 bath ohana with a separate studio nohana with bath and kitchen or just a 3 bd. 3 bath legal ohana with large family room and extra kitchen.

Customer Listing Synopsis

 

345 Kului Way.jpg
345 Kalui Way
Ka'anapali
$999K (FS)
 

Short sale. This spectacular oceanview custom home is a must-see for a residence or investment, featuring a wonderful single level, open floorplan. The Mediterranean-inspired Living/Kitchen and Master Suite both enjoy beautiful views of Lanai, Molokai, and year-round sunsets.

Customer Listing Synopsis

 

Vacation Condos Over $1M

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Ho'olei G1
Wailea
$2.575M (FS)
 

Elegant 3 bedroom 3.5 bath townhouse condominium in Wailea's newest development Ho'olei. Professionally decorated by a published designer in a sophisticated island style that includes furnishings, artwork, and custom draperies and linens. 

 Customer Listing Synopsis

Whaler 1201.jpg
Whaler #1201
Ka'anapali
$5.177M (FS)
 

This spectacular top floor residence boasts an extraordinary setting with breathtaking views and elegantly appointed design. Located in tower I in the heart of Ka'anapali Beach. This upscale residence on the 12th floor features unparalleled 180-degree panoramic views of the Pacific Ocean, Black Rock, neighbor Islands, and year-round sunsets.

 Customer Listing Synopsis

Vacation Condos Under $1M

Napili Ridge C13.jpg
Napili Ridge C13
Napili
$109
K (FS)

 

Short sale. Great location near Kapalua, a short walk to wonderful Napili Bay! Perfect for first time homebuyers or investors. '05 price was $305K.

  Customer Listing Synopsis

Maalaea Yacht Marina 302.jpg
Ma'alaea Yacht Marina 302
Ma'alaea
$230K (FS)
 

Short sale. Spacious 1 bedroom 1 bath with wonderful view of Ma’alaea Bay. Remodeled in 2002 with new tile, AC, etc. Nice open floor plan.

 

Maui Banyan T106.jpg
Maui Banyan T106
Kihei
$338K (FS)
 

Don't miss this opportunity to own a Maui Banyan condo at the lowest price in years. A rare find in south Kihei. Old Hawaii at its best.

  Customer Listing Synopsis

Residential Condos

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Southpointe 6-103
Kihei
$174.9K (FS)
 

Bank owned. GREAT ground floor location on house lane which has cross breeze and a large fenced yard. This unit also comes with two side by side parking stalls #50 & #51. Track lighting in living area.

  Customer Listing Synopsis

Kihei Villages 1-103.jpg
Kihei Villages 1-103
Kihei
$200K (FS)
 

Short sale. Remodeled 2 bed 1.5 bath condo with large yard and 2 parking stalls #10 and #12 located directly in front of condo Very nice remodel.

  Customer Listing Synopsis

Hale Kanani 1-205.jpg
  Hale Kanani 1-205
Kihei
$359K (FS)
 

Short sale. Watch spectacular sunsets and enjoy great oceanviews from this beautiful second floor, front row, unit. This 2 bedroom, 2 bath residence is tastefully decorated and lives wonderfully. Luxury features include granite countertops, central air conditioning, crown molding, and designer paint.

  Customer Listing Synopsis

Kanani Wailea 3.jpg
  Kanani Wailea #3
Wailea
$950K (FS)
 

Short sale. This two-story 3 bedroom/3 bath home is perfect for entertaining, with an expansive great room downstairs that connects to a gourmet kitchen and opens onto a lanai. There are 3 bedrooms and a private study upstairs.

  Agent Listing Synopsis

Terrace at Manele.jpg
  Terrace at Manele Bay 11B
Lanai
$1.35M (FS)
 

Wow very low priced Terrace at Manele. Spectacular view, very private building, and very low price. Seller wants to sell now.

  Customer Listing Synopsis

Vacant Land

131 Maikai.jpg
131 Maikai Loa Street
Pukalani
$269.9K (FS)
 

All useable, cleared, level, mowed lot with water meter installed, so ready to go. Pretty Haleakala view. 2nd story of house should have ocean view. Cottage eligible. No CC&Rs. Surrounded by nice homes. On cul-de-sac street, so very little traffic.

  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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