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| Issue 311 | Feb 17th, 2009 |
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| Aloha ,
In this newsletter:
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Omaopio Ridge
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Market UpdateIn the face of all the negative news and concern over whether or not the new stimulus plan will work, it is easy to become depressed or simply want to bury your head in the sand. We just want to remind you that we have been through tougher times and survived. Regardless of what happens to the stock market and the economy, people will want to own real estate. With the amount of money the government is pouring in to the economy, it is almost a certainty that at some point, inflation will occur. Who will benefit when that happens? People who own real estate and real goods. If you could look back 10 years from now, you would realise that today represents one of the best opportunities we may ever experience in our lifetime to get in to real estate. It takes courage, but those who are willing to be contrarians and go against the tide will be greatly rewarded over the long run. Have a great week! Mahalo Nui Loa, The Smith Team
P.S. E-mail us if your interested in learning more about Touchstone Destination Life shared ownership opportunities.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for February 16th, 2009
| Active | Pending | Sold | Change | |
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| Homes | 1063 (474) | 121 (18) | 853 (155) | -2 |
| Condos | 1714 (362) | 108 (5) | 720 (197) | +12 |
| Land | 638 (196) | 45 (17) | 91 (33) | +56 |
| Total | 3415(1032) | 264 (30) | 1663 (385) | +66 |
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1. The numbers in parentheses reflect the number of listings over $1M |
 95 Alekanekelo Place Haiku $1.15M (FS) |
Understated elegance in a private country setting. Attention to detail shows throughout this home from the beautifully remodeled kitchen to the high ceilings and the generous use of windows to bring the outdoors inside. The cottage and house are so well separated that one hardly knows the other is there. In addition, there is a permitted storage area attached to the garage that looks amazingly like a studio apt.
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Best value in Wailea Kialoa. This prestigious gated community usually sees prices in the $2 million + range. This spacious, well-built home boasts both ocean and mountain views with an open floor plan and lush tropical landscaping. The flexible floor plan allows for an attached ohana/ in-laws quarters downstairs.
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Elegant and spacious contemporary 4 bedrooms and 4.5 bathrooms home in Prestigious Ka'anapali Hillside. Perfect for entertaining inside and out. Very private with spectacular views of the Island of Lanai and Molokai. Oversized lanai with completely tiled pool & spa awaiting you. Enjoy the sunset from the lanai in the master bedroom. |
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Builder's custom dream home. This fabulous 4 bedroom and 4.5 Bath is located in prestigious gated community. Just a short walk to the famous white sand of Keawekapu Beach. |
 101 Wai'apo Place Kihei $425K (FS) |
Kamalii Alayna. Developer's price reduction! Please call for details.
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Short sale. This is a very large home with all of the entertaining located downstairs. Large living-room, dining/bonus room & kitchen with family-room and 1/2 bath and sliding glass doors to a deck. Upstairs master is large with large master bathroom, plenty of closets and A/C. 2 more bedrooms and bathroom. Wood floors, vaulted ceilings, solar, and 2 car garage. |
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 69 Hoauna Steet Wailuku $550K (FS) |
Short sale. Breathtaking ocean, golf course, West Maui Mountains, & full Haleakala views from this very elegant 1-story house. Entertain in a living room with just the right amount of sophistication and recharge in the elegance of your very large master bedroom from where you will hear the waves crashing on the shore.
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 2739 Ililani Way Pukalani $599K (FS) |
Short sale. Quality built extremely private 4 bd. 3 bath home on the 17th Fairway, plus a 1 dd. 1 bath ohana. Ocean views from the open great room: kitchen, living room, dining room, as well as from the master bedroom with a covered lanai perfect for sunsets and entertaining. Upgrades include stainless appliances, hand painted oak cabinets, Bosch dishwasher, and vaulted ceilings.
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 2542 Omiko Place Kihei $649K (FS) |
Short sale. Ocean views, pool, desirable neighborhood, upgraded home, privacy, granite, new flooring & fans, attractive window coverings, new light fixtures, etc. All in good taste and style.Two decks and large area for entertaining by the pool.
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 78/80 Honuea Place Kihei $779K (FS) |
Meticulously maintained 2 story 5 bedroom 4 bath home plus cottage. This beauty hosts lots of upgrades. hardwood cherry floor in the living room, travertine tile in the kitchen and bathroom floor, granite kitchen counter top, cherry wood kitchen cabinets, stainless steel/black appliances, central A/C, insulated and more. Walk to one of the best walking beaches on Maui, watch humpback whales, kite surfers, windsurfers and canoe paddlers.
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Vintage #130
Ka'anapali $1M (FS) |
Great opportunity to own 3 bedroom 2 bath at The Vintage. The Vintage at Ka'anapali is located on a premium 17-acre parcel within Ka'anapali Golf Estates. Architecture is plantation-inspired elegance, with homes tucked along meandering lanes throughout a lush tropical setting. The privately gated Vintage at Ka'anapali is surrounded by fairways 7 through 11 of the resort's south course. |
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Na Hale O Makena D-201
Makena $1.89M (FS) |
Island living is at its best in this spacious Makena home. Located in the most desired location, the 3-story building sits at the top of the development with its own private gated entry. Elevator service takes you to the 2nd floor single level floor plan. Expansive ocean views and lush lawns greet you as you enter the home and the master bedroom suite. |
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Oceanfront condo. Take advantage of the market. Invest in this short sale that is being offered at more than $150,000 less than it was purchased for in 2005. Outstanding beachfront location in the heart of Kahana. |
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 Lahaina Shores #430 Lahaina $261.9K (FS) |
Extremely Motivated Seller. Lahaina Shores is a Beachfront, Oceanfront Property with instant access to a long sandy beach, close to shops, restaurants, banks, groceries, entertainment. All within walking distance.
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 Ka'anapali Shores #318 Ka'anapali $335K (FS) |
Don't miss this excellent opportunity to get a great buy on a third floor 1 bd. 1 bath C floorplan unit in the Resort Quest rental program. Best buy/ value on property. |
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 Kamaole Sands 10-305 Kihei $469K (FS) |
Third floor, large lanai #10 building. Ocean view, priced to sell. |
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 Wailea Ekolu #1610 Wailea $999K (FS) |
This is a rare opportunity to purchase a 2 bedroom, 2 ½ bath Ekolu townhouse with the feel of a home. Perched on the upper village in Building 16 this unit has a direct westerly ocean view. |
 Channel House A-104 Lahaina $149.9K (FS) |
Bank owned. Charming one bedroom condominium on Front Street in Lahaina. Near all the best shops, restaurants and art galleries that Lahaina Town has to offer. On site pool, hot tub and assigned parking. Cat &bird friendly. |
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 Haleakala Gardens 16E Kihei $239K (FS) |
Bank owned. Great location in complex. Clean upstairs corner 3 bd. 2 bath unit. Has stacked washer/dryer, refrigerator, dishwasher and range. Close to parks and beaches, shopping and dining and schools. |
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