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In this newsletter:   Market Update Market Watch Homes Over $1 Million Homes Under $1 Million Vacation Condo Over $1M Vacation Condos Under $1M Residential Condos Vacant Land   Bank Owned  Homes Condos Land (0) New Properties Price Reductions   Short Sales Homes Condos Land  New Properties (0) Price Reductions

The Pacific as Your Front Yard 43 Papaua Place Napili $9.9M (FS)  Customer Listing Synopsis Video Tour

Market Update

Hawaii's first industrial Hemp grower license has been issued. Through the Hemp Pilot Program last month industrial hemp growing licenses were issued to one farmer on the Big Island and one on Kauai. 

The newly issued licenses are valid for 2 years as long as the licensees comply with the program rules.  Estimated harvest time is about 3-6 months after planting. 

The aim of the Hemp Pilot Program is to demonstrate the economic and environmental potential of the hemp industry.  Industrial Hemp farms have been suggested as a future use for Maui's old sugar cane fields. 

Enjoy the holiday! 

Have a wonderful week!

Ken, Melissa, Greg and Lindsey

P.S. - Pulehunui Industrial Park construction is complete.  Located between Kahului and Kihei Pulehunui will be Maui's first and only M3 industrial zoned subdiviosn of its kind allowing for heavy industrial use.  There are still 11 lots left, let us know if you'd like more information. 

Melissa Smith R (B), Ken Smith R (S), Gregory Smith R (B), Lindsey Taylor R (S)

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Market Watch

Homes Over $1M

12 Hoonani Street Kihei $1.078M (FS)	This expansive compound in North Kihei, is perfect for an investor, multi-family, or a buyer looking for instant rental income, with a 2 story Main House, attached Studio accessory dwelling and Detached Cottage.    Customer Listing Synopsis
207 Kahana Ridge Kahana $1.19M (FS)	This custom 3 bed, 2.5 bath home completed in 2014, has gorgeous ocean, island of Molokai and mountain views. Upstairs with vaulted ceilings is the living room, kitchen, dining and private master suite.   Customer Listing Synopsis
167 Halelo Street Kaanapali $1.219M (FS)	Nestled on a private cul-de-sac in West Maui's treasured Kaanapali Vista neighborhood, this gorgeous 3 bed, 3 bath tropical retreat boasts a prime resort location on the 5th hole of the Kaanapali Kai golf course and beautiful views in every direction.         Customer Listing Synopsis
779 Kumulani Drive  Maui Meadows $1.3M (FS)	Rural living with convenient location at the top of Maui Meadows. This two story home has the main living upstairs along with the master bedroom/bath and 2 additional bedrooms and second bath. There is also a 2 bed, 1 bath ohana.       Customer Listing Synopsis

Homes Under $1M

1000 Kauhikoa Road Haiku $420K (FS)	Bank Owned -  Private, quiet, and set among the lush green forest with fruit trees, plus a running stream. This 2 bed, 1 bath cottage is on the upper portion of the property. It is located in the middle of Haiku, yet so close to Paia town, Hookipa beach, and airport is only 15 minutes away.   Customer Listing Synopsis
370 Kama Street Wailuku $699K (FS)	Cozy 3 bed, 2 bath home, nestled on the top of Waiolani Pikake Subdivision in Waikapu and the top of Kama St. This single level home has 18 PV panels (not leased, paid off), 2 solar hot water panels, Travertine flooring in both bathrooms, wood laminate flooring throughout , central AC and New stainless steel appliances.    Customer Listing Synopsis
255 Lower Kimo Drive Kula $830K (FS)	Chance to acquire an income producing 3 bed, 1 bath Kula property on a very beautiful nearly half acre estate of land in a prime location directly off Lower Kimo Drive. Amazing beautiful ocean and mountain views.   Customer Listing Synopsis
114 Alae Road Kula $995K (FS)	Big bi-coastal ocean views and an inspiring Haleakala view to start and end your day from this 3 bed, 2 bath home.  A spacious updated kitchen, wood floors throughout, open beamed ceilings, expansive interior lanai/sunroom and special gardens are some of the highlights of this country home.    Customer Listings Synopsis

Vacation Condos Over $1M

Wailea Ekahi #43A Wailea $1.595M (FS)	Unit 43A is a redecorated and refurbished 2 bedroom ground floor condominium with approx. 1,500 square feet of occupiable space, an oversized lanai leading to a large garden area and a second private lanai off the master bedroom.   Customer Listing Synopsis
Kapalua Bay Villas #25B1-2 Kapalua $1.7M (FS)	Gorgeous front row, oceanfront 2 bed, 3 bath at the Kapalua Bay Villas. Great vacation rental or place to live. Immaculate condition. Gorgeous granite work in bathrooms. High end appliances. Being sold turnkey with artwork.    Customer Listing Synopsis
Puamana #250-5 Lahaina $2.295M (FS)	A Puamana direct oceanfront 3 bedroom, 2.5 bath town-home is finally available. Puamana is an exclusive gated community near Lahaina with loads of amenities: think pools, a library, gym, and a heritage clubhouse with frequent social gatherings.    Customer Listing Synopsis

 
Vacation Condos Under $1M

Maui Kamaole #M107 Kihei $534.9K (FS)	This 1 bed, 2 bath condominium sits near arguably the nicest BBQ in Maui Kamaole. Built in 2000, it is one of the newest buildings in the complex. This clean, original condo has a nice rental history as it sits in a very quiet location toward the back in close proximity to the tropical pool and tennis courts.    Customer Listing Synopsis
Sugar Beach Resort #217 Kihei $699.5K (FS)	The soothing sounds of the ocean as it gently washes up onto the sand greet you from this delightful front row 1 bedroom unit at Sugar Beach Sitting above the sand, the beach stretches before you to the right and left with the beautiful blue water directly in front of you. Customer Listing Synopsis
Sugar Beach Resort #127 Kihei $710K (FS)	The coveted ground floor location at Sugar Beach has just become available! Step off your lanai onto the grass and walk into the water from this wonderful front row location. The view to the water is mesmerizing and the easy access to the beach will keep you on your lanai all day.    Customer Listing Synopsis
Luana Kai #B306 Kihei $799K (FS)	One of a kind, hand crafted luxurious condo with a big ocean view at a lovely beachfront complex on one of Maui’s longest sandy beaches. Relax on the top floor of this sweet boutique resort. Take in the views from your own private lanai of this 2 bed, 2 bath condo.    Customer Listing Synopsis

Residential Condos Over $1M

Keala O Wailea #30 Wailea $1.499M (FS)	This brand new, 3 bed, 2 bath ground floor-end unit, offers gorgeous mountain and ocean views from the large wrap-around lanai which is equipped with gas for private in-home BBQ. The spacious and contemporary Kitchen-Living area is encased with high windows and premium floor to ceiling Western Slider Doors.    Customer Listing Synopsis
Na Hale O Makena #B-302 Makena  $1.85M (FS)	Gorgeous ocean views abound from this rare location within Makena's premier luxury residential condominium. Located in the desirable "B" building, this 3rd floor 2 bed, 2 bath unit captures views from the West Maui Mountains to the outer islands and "Turtle Town." Na Hale O Makena is a short walk to several beaches and coves and the famed "Makena Landing."    Customer Listing Synopsis
Maui Beach Place - Orchid Kihei  $6.495M (FS)	Welcome to the most exclusive condominium in Kihei. The MBP Orchid features 3 bedrooms and 3.5 bathrooms of carefully-designed, luxuriously appointment living space while maintaining the spirit of Aloha. With a picture-perfect beachfront location on one of the most acclaimed beaches in Hawaii and unobstructed, panoramic views of the Pacific.   Customer Listing Synopsis

Residential Condos Under $1M

Harbor Lights #B413 Kahului $120K (FS)	Renovated in 2003, this 2 bed, 1.5 bath unit has been tenant-occupied. Centrally located near Mall, Maui Memorial and Kaiser Medical facilities, restaurants, UH university campus, theatres, Kahului Airport, Harbor, and grocery.    Customer Listing Synopsis
Harbor Lights #D422 Kahului $185K (FS)	Tenant occupied top floor 2 bed, 1.5 bath unit with Ocean and Mountain views. Close to shopping, Maui College and Kahului Harbor. Great central location. Complex features in ground pool, BBQ areas and Sand Volleyball.   Customer Listing Synopsis
Kihei Villages #1-101 Kihei  $313.9K (FS)	Nice ground floor 2 bed, 1.5 bath unit with brand new bathrooms, carpet and paint. Move in ready.   Customer Listing Synopsis
Flats at Kamalani #402 Kihei $378K (FS)	Brand new, condominium homes. Fully-equipped, with gas range and oven, refrigerator, full-size stacked washer and gas dryer, fiber-optic high-speed internet, private yards and two assigned parking stalls. The 2 bed, 2 bath units are approximately 804 sq ft indoor living area. Photos are of a furnished model.   Customer Listing Synopsis

Vacant Land 
 

549 Burns Road Haiku $439K (FS)	Plans for a glass and aluminum house may be available, all this a short drive to Haiku town.   Customer Listing Synopsis
Punakea Loop Lahaina $2.49M F(S)	One of few remaining 15.465 acres with spectacular ocean and mountain views, looking out to see Lanai, Molokai and Kahoolawe islands.    Customer Listing Synopsis