Smith Team Real Estate - 2 Generations of Satisfied Customers - (808) 572-0866
              
Issue 518 January 29th, 2013

Aloha ,

In this newsletter:

REO
All Properties
New  Properties

Price Reductions

Short Sales
Homes
Condos
Land
New Properties
Price Reduction


Honolua Ridge Estate
 
226 Keoawa Street
226 Keoawa Street
Kapalua

$3.995M
Customer Listing Synopsis

 

Market Update


Another new luxury development comes to Wailea, called The Suites at Wailea.  Set on 15 lush acres, there will be 72 spacious one bedroom units with ocean views where the Hotel Wailea is located. 

This will be a very private low density luxury community.  The first units were recently released this past week priced from $649,000.  Each unit will have central A/C, European white-washed oak hardwood floors and travertine, Italian granite counter tops, Hawaiian Ohia wood cabinetry, Sub Zero / Wolf kitchen appliances, etc. 

The residence owners will enjoy the benefits of Club 72 which include membership to THE Spa (preferred pricing on spa treatments), THE Beach Club (reserved beachfront lounge chairs and towel service), complimentary valet, personal Club 72 assistant to help with your dining reservations and ocean activities, limousine services within Wailea area, private Italian cooking classes, access to the Wailea Tennis Club, and room service by the on-site Italian restaurant, Capische Restaurant.

The first phase of buyers will receive a 5% credit off the purchase price.  Let us know if you are interested and want more information on this development.


Mahalo Nui Loa,

Greg, Melissa, Ken, and Jeremy

P.S. - The Grammy nominated band, Mick Fleetwood Blues Band will be performing at the Maui Arts and Cultural Center on Wednesday, February 13th.  http://www.mauiarts.org/events/fleetwood-the-macc/

Smith Team Photo on Website.jpg
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)

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Market Watch for January 28th, 2013

 
Active
Pending
Sold
Change
Homes
493 (283)
240 (29)
943 (119)
-17
Condos
819 (193)
268 (16)
1220 (91)
+3
Land
395 (112)
43 (8)
175 (17)
-3
Total
1707 (588)
551 (53)
2338 (227)
-17
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

65 N Holokai Road
65 N. Holokai Road
Haiku

$1.649M (FS)
Distinctive Hawaiian style home with jaw dropping views in every direction. Ocean and Mountain entwine the home creating a tropical haven. A top to bottom renovation was just completed by Linda Lange bringing together luxury and comfort while creating a harmonious feel; Thus establishing a magnificent Plantation estate home.
2315 Kekaulike Avenue
2315 Kekaulike Avenue
Kula

$1.65M (FS)
Enjoy Beautiful Upcountry Maui with spectacular ocean and mountain views on 4 acres with a 1” water meter! This is an incredible opportunity to acquire one of Maui’s unique properties complete with a 3,000 sq. ft. custom home filled with beautiful hardwoods throughout and a 3,000 sq. ft. barn & kennels complete with a well-established and successful business.
83 Ikena Kai Place
83 Ikena Kai Place
Kula

$2.72M (FS)
This is the famous Kula waterfall house in the pastoral, gated neighborhood of Omaopio Ridge. Now with furnishing by Latitudes included. Don't miss this second chance to own the most exciting home in Upcountry Maui. Built on the edge of a picturesque ravine, the home is entered through a 20 foot high tropical plant atrium with a dramatic waterfall and ponds which leads out to a 50 foot infinity-edge swimming pool and Jacuzzi spa cantilevered over the ravine.

Homes Under $1M

96 Aiai Street
96 AiAi Street
Kahului

$290K (FS)
Centrally located; level lot with fruit bearing trees. Residence in need of TLC.
 
221 Oluea
221 Oluea Circle
Kihei

$429.9K (FS)
Bank Owned. This 3 bd. 2 bath home is located within a newer community in the Kihei district and offer a private park for it's residence and guest.
10 Keola Place
10 Keola Place
Makawao

$449K (FS)
Enjoy Upcountry living in this home located on a large 10,920 square foot corner lot in Makawao Ranch Acres. This property is unique in having two paved driveways: one on Auoli Drive that leads to the front porch and kitchen for easy grocery unloading. The other on Keola Place, which leads to the large 2-car garage. Located within walking distance to Makawao Elementary, Kalama Intermediate, Eddie Tam park, Makawao Post Office, and Makawao town.
10 Welakahao Road
10 Walakahao Road
Kihei

$500K (FS)
House and cottage just a short walk to the beach. Both units have been upgraded with wood cabinets, tile counter tops and quality appliances. Tile floors throughout both house and cottage, quality fans with wood ceilings.
601 W Kuiaha Road
601 W Kuiaha Road
Haiku

$600K (FS)
Lots of fruit trees. Property has 2 driveways into property. 3 dwelling structures and other ohana add-ons. Great rental income. 2 water meters and 2 electrical units. Property can use some TLC.
 

Vacation Condos Over $1M

Puamana 240 5 2
Puamana 240-5
Lahaina

$1.995M (FS)
Direct Ocean Front fully furnished – 3 bedroom 2.5 bath townhome with a great location on the south beach side of Puamana. It enjoys a large kitchen that opens to the dining and living room with views out to the beautiful Island of Lanai. Upstairs the master bedroom enjoys the ocean views and sound of the surf while the two guest bedrooms located mountain side view the West Maui Mountains, rainbows and sunrise.

Vacation Condos Under $1M

Island Surf 200
Island Surf #200
Kihei

$299K (FS)
Only 2br vacation rental in Kihei under $300k. Mostly original corner unit with extra windows at Island Surf. Tiled floors throughout. Lease as commercial office, short- or long-term rental. Only the first and second floor of Island Surf allows for commercial usage. One bedroom/one bath lock off feature offers maximum live/work flexibility; use part as office, part for living or reside in one bedroom and vacation rent the other.
Maui Banyan P406
Maui Banyan P-406
Kihei

$335K (FS)
PRICE REDUCED FOR QUICK SALE! Clean and tidy 1 bedroom, 2 bath fully furnished turn-key unit at this South Kihei vacation rental hot spot. Unit has excellent rental history in Aston Rental Program.
Wailea Elua 2101
Wailea Elua #2101
Wailea

$850K (FS)
Bank Owned. No wonder Wailea Elua Village is a sought after oceanfront property, and not just because of it's location on a magnificent world-renowned beach! It's hard to compete with their amenities: ocean view fitness center and a stand-up surfboard and kayak storage facility encouraging ocean play time. The unit offers a large covered lanai and plenty of storage space, plus an over-sized 1-car garage, rare for condos in Wailea.
 
Wailea Ekolu 204
Wailea Ekolu #204
Wailea

$862K (FS)
This is the one for your most particular Buyer. Located front row overlooking the Wailea Blue course with great ocean views. Sellers have had lots of remodeling done including bathrooms, bedrooms and living room. All kitchen appliances have been updated to stainless steel, counters are solid granite.


Residential Condos

Maui Lani Terrace B104
Maui Lani Terrace B-104
Honokowai

$115K (FS)
This studio condo is a ground floor unit near the pool. It was built as a handicap unit including the extra large parking space. The owner is moving off island to enjoy his grandchildren and great grandchildren.
 
Kihei Villages 9 202
Kihei Villages 9-202
Kihei

$185K (FS)
Great location corner condo 2 bed 1.5 bath walk to the beach and shopping. Includes 2 parking stalls 181 and 87.

White Sea Terrace 5
White Sea Terrace
Kihei

$209K (FS)
Short Sale. This is a very private garden view second floor 2 bd. 1.5 bath condo. Walking distance to Kamaole 3 Beach Park, restaurants and shopping. The property is in great shape. Does not include furniture or appliances, but they can be purchased under separate bill of sale.

Vacant Land

0 Hana Hwy
0 Hana Highway
Hana

$399K (FS)
This “Heavenly Hana” Retreat represents the best that Hana has to offer in terms of vacant land. Located directly off the world famous paved road to Hana, these 5.6 acres offer tremendous ocean views with the mystical backdrop of mountains and mist. With an approved subdivision already in place for two parcels, a water meter, overhead electricity, you can be both ready to build you dream getaway and recoup some investment dollars by selling the other parcel if you so choose.
 
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

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