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The Smith Team - Two Generations of Satisfied Customers

  Issue 366 March 9th, 2010 
 
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

 

  REO Properties

All  Properties

New  Properties
Price Reductions

Short Sales

Homes
Condos
Land

New Properties
Price Reductions


 Market Update

Have you ever been on a roll?  Well, that is the way it is feeling right now with the real estate market on Maui.
 
Sales are occurring at an ever quickening pace, interest rates are still near all-time historic lows*, prices are bouncing off the bottom, and there is still the possibility of taking advantage of the home buyer tax credit.
 
All the ingredients are in place for a great year in 2010.  At least, it is certainly starting out that way. 
 
Let us know how we can help you ride the wave.
 
Have a wonderful week!
 
Mahalo Nui Loa,  

The Smith Team

*Today's interest rate on a 15 year fixed rate loan is 4 3/8% with zero points. Wow!  Call or email us to get preapproved for a loan.

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 March 8th, 2010

 Active Pending Sold Change
Homes   904 (392) 226 (28)  736  (97) +8
Condos 1397 (258) 265 (16)   805  (111) -3
Land  546 (154)  44 (11)  121  (33) +10
Total 2847 (804) 535 (55)   1662 (243) +15

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

1429 Front Street.jpg
1429 Front Street
Lahaina
$2.118M (FS)

Short Sale approved at $2.12M. Front street charmer house plus detached cottage..

Customer Listing Synopsis

430 Manawai Place.jpg
430 Manawai Place
Haiku
$3.7M (FS)

A private estate in one of the most spectacular settings on one of the most beautiful islands in the world. Here is your opportunity to own a masterpiece. Situated on 5.8 acres above the crystal blue Pacific, this home is part work of art part home.

Customer Listing Synopsis

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305 Plantation Estates Drive
Kapalua
$8.995M (FS)

This fabulous three level contemporary custom home is located on the third fairway of world famous Kapalua Plantation Golf Course. Construction completed August 2009. Sweeping unobstructed views in all directions. Home has 5 bedroom suites, 7 full baths and 2 half baths, living room and great room, study and fitness room, gourmet kitchen with Viking commercial appliances, 2 laundry rooms, huge covered decks, porte cochere, 3 car garage, 1500+ sq. ft. pool and spa.

Customer Listing Synopsis

Homes Under $1M

64 Lipoa Street.jpg
64 Lipoa Street
Kihei

$244.9K (FS)
 

Bank Owned. Conveniently located across the street from Lipoa Town Center, cute property fronted by a chain-link fence. 3BD/2BA, with tile flooring and bright interior paint.

 

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633 Ulaena Loop
Haiku

$400K (FS)
 

Approved Short Sale at list price. Sorry cash buyer's only. Lush & beautiful land w/year round stream & several living options approx. 2.39 acres of tropical flowers, coconut trees, avocado trees, bananas and more, conveniently located right-off Hana Hwy- in the Twin Falls area.

 

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515 S Alu Road
Wailuku

$789K (FS)

 

Short Sale. Impressive 6 bedroom, 4 bath home with bi-coastal views in Wailuku Heights. At $789k for a 4,006 sq. ft. home on the ocean side of South Alu Road, this is a fantastic bargin. Luxury features include travertine tile and bamboo floors, granite countertops, and cherry cabinets.

  Customer Listing Synopsis

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157 Hakui loop
Ka'anapali

$825K (FS)

 

This 3 bd. 3 bath stucco home with a tile roof has just been painted inside and out and is ready to move into. Nice ocean views from all the bedrooms. An office adjoins the master bedroom. Very private downstairs with fenced yard. Covered lanai areas with saltillo tiles upstairs and down.

  Customer Listing Synopsis

Vacation Condos Over $1M

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Makena Surf B-206
Makena

$2.5M (FS)
 

Unmatched luxury beachfront complex. "B" building commands highest rental incomes, since it sits directly on the sand. The Beautiful low density complex is gated, with tennis courts, 2 pools with spa's, and, of course, spectacular year-round sunsets! Spectacular whale watching

Customer Listing Synopsis

Vacation Condos Under $1M

Kahana Villa E 312.jpg
Kahana Villa E-312
Kahana
$289K (FS)
 

Short Sale. Beautiful ocean view one bedroom condo that has been completely renovated and is being offer fully furnished and move in ready.


 

Haleakala Shores B307.jpg
Haleakala Shores B-307
Kihei
$322.9K (FS)

 

Bank Owned. Great value for this large 2 bedroom / 2 bath unit at Haleakala Shores. This unit has granite counter tops, neutral paint color scheme, and nice furnishings. The master bedroom has its own separate lanai area.

  Customer Listing Synopsis

Kapalua Ridge 2824.jpg
Kaapalua Ridge 2824
Kapalua
$659K (FS)
 

One of Maui's most sought after vacation destinations. This Kapalua Ridge one bedroom, two bath unit is very spacious 1,125 sq. ft. and all on one level. Breath taking views over-look sand beaches and coastline out to Honolua Bay. This newly remodeled gem has all that world famous Kapalua Resort has to offer.


 

Palms at Wailea 1201.jpg
Palm at Wailea #1201
Wailea
$895K (FS)
 

Occupying the ideal location in the Palms at Wailea, this spacious ground floor unit offers exceptionally wide ocean views from the living room, lanai and master suite, a rare feature at the Palms! With a desirable “inner circle” location, this unit also looks down an expanse of manicured lawn to the central “creek” and pond directly below the unit.


 

Residential Condos

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  Iao Parkside 29-101
Wailuku
$200K (FS)
 

Location, Location, Location - backs up to Iao Stream - very private 1st floor corner unit. 3 bd. 2 bath with private yard.

  Customer Listing Synopsis

Wailea Fairway Villas U 202.jpg
  Wailea Fairway Villas U202
Wailea

$390K (FS)
 

2 bd. 2 bath 949 sq. ft. gem in Wailea at $390K. Located in the fabulous Wailea Fairway Villas. Lovely granite counter-tops, top-floor with vaulted ceilings, split system A.C. in living room & master bd. This complex is one of the few newer condominiums in Wailea.

Customer Listing Synopsis

Ke Alii Ocean Villas F-102.jpg
Ke Alii Ocean Villas F-102 Kihei
$510K (FS)
 

Enjoy living in this spacious luxury condominium, just across the street from the beautiful Kamaole 1 Beach Park. Amenities include an enclosed garage, central air, granite counter-tops, GE Profile stainless steel appliances and many more. A fully equipped fitness center and a saline infinity edge pool also included.

  Customer Listing Synopsis

Vacant Land

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214 Kaula Way
Molokai
$625K (FS)
 

Spectacular 6.22 acre fee simple private flag lot fronts Molokai's west shore with over 200 fee of rocky shoreline. Located at the end of a quiet cul de sac, this large lot is available with neighboring lot #215. Purchase both and claim more than 11 acres of fee simple ocean front land for your own private getaway.

  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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