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| Issue 320 | April 21st, 2009 |
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| Aloha ,
In this newsletter:
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Custom Home at The Bluffs
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Market UpdateIt has been shown time and time again, that the Maui Real Estate market tracks the California Real Estate market with a lag of 6 to 12 months. If that is going to hold true again in this latest real estate cycle, then things you should definitely be looking up here on Maui very soon. The reason is that California sales have increased on a year over year basis for the last 9 months. Furthermore, median prices have stabilized in the last several months in Southern California. In fact, we have been told that bidding has become rather intense lately on Distressed Properties with buyers often paying over asking price. New home sales, traffic and optimism are on the rise, according to an April survey of builders across the country. Have a wonderful week. Mahalo Nui Loa, The Smith Team P.S. Extraordinary opportunity to buy a luxury condo at Ho'olei either as full or partial ownership with Seller financing as low as 3%. Downpayment and closing costs for 7 weeks ownership start at under $100K. Please contact us for further details so we can show you how affordable it is to own property on Maui.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for April 20th, 2009
| Active | Pending | Sold | Change | |
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| Homes | 1072 (462) | 142 (19) | 769 (131) | -13 |
| Condos | 1679 (330) | 100 (8) | 632 (158) | +4 |
| Land | 640 (187) | 39 (17) | 71 (21) | -5 |
| Total | 3391 (979) | 281 (44) | 1472 (310) | -14 |
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1. The numbers in parentheses reflect the number of listings over $1M |
 3450 Maliana Place Kihei $1.15M (FS) |
A lovely oasis tucked in at the end of the cul-de-sac that is Malina Place. This charming pole house with separate cottage enjoys terrific ocean views and a quiet peaceful location. The multi-level house was updated last year with a beautiful new kitchen, enlarged dining areas and master bed/bath and lots of new windows and doors. A 500 sq.ft. guest cottage is separate from the house and overlooks the new solar heated pool.
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Listor/Owner custom built this home from the ground up! Great ocean views from this gated home and cottage on a 29,000 sq. ft. lot. 3 Bedroom, 3 bath home has all the bells and whistles (too many upgrades to mention), including slate and wood flooring, flagstone pool deck, pool, hot tub, and Tiki Bar with water and electric. |
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 220 Paia Pohaku Place Lahaina $2.495M (FS) |
Absolutely breathtaking, sweeping panoramic ocean and multi island views from this custom 4 bedroom, 4 bath executive home built upon the open slopes of Launiupoko. Superb interior design with upgrades of stone, exotic woods and granite countertops. Open, spacious interior with lots of light and wide views. Living areas bring the outdoors into maximize the great Maui Lifestyle.
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 1794 Halama Street Kihei $2.8M (FS) |
Oceanfront house on desirable Halama Street, with covered lanai for entertaining and watching the spectacular sunsets. Two guest quarters, each with separate entry. Strong and legal sea wall with no state land issues.
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 4605 L. Honoapiilani Road Kahana $4.995M (FS) |
Fantastic Beachfront home in Kahana. What a great opportunity to own a true beach house on West Maui. Lowest priced home on the sand on West Maui by over 2 million dollars. Over 250 feet of ocean frontage. This is a quality turnkey home with four bedroom, five full bathrooms, study/den, gourmet kitchen, pool, two laundry facilities, huge decks and lots of yard area to play.
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 577 Laie Drive Makawao $399K (FS) |
Short sale. Custom Plantation Elegance with views. Amazing ocean and mountain views, custom quality, effectively 4 bedrooms, 3 bathrooms, and office. Recent remodel and addition. Lots of upgrades: solar hot water, tiger wood flooring, granite counters, stainless appliances, custom lighting and plumbing fixtures, stunning master suite with office attached.
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Very private, custom home at the end of a cul-de-sac and located on a flag lot overlooking the 10th green of the Pukalani Golf Course. Beautiful views through mature pine trees to a large pond that fronts the green. Plenty of off street parking. |
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 2635 Lioholo Place Kihei $687K (FS) |
Great location, tucked away at a tranquil cul-de-sac setting, this 2 story main house with 4 bedrooms and 3 baths is welcomed by a Koi pond at the foot of the driveway; one can truly enjoy the spacious living at Lioholo Place. Great place for entertainment and also has a 1 bedroom and 1 bath cottage to accommodate family & friends from anywhere around the world or use it as rental income.
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Ka'anapali Shores #402
Ka'anapali $1.95M (FS) |
Ocean front living at its best! Fourth floor 2 Bed/2 Bath, Ocean front unit offers wrap around lanai with outstanding ocean and outer island views. Kaanapali Shores has a direct beach front location with western exposure offering year round sunset views. Seller will consider seller financing to qualified buyer with a miniumum of $500K down. |
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Ho'olei P3
Wailea $2.495M (FS) |
Positioned directly across from the Four Seasons and Grand Wailea Hotel Resort and Spa. Ho'olei truly represents the best Wailea has to offer. This brand new condominium development consists of 120 voluminous two-story town homes that feature top of the line construction, outstanding services, and all of the world class amenities of the Grand Wailea Resort and Spa. |
 Kihei Kai Nani #102 Kihei $238.4K (FS) |
Bank approved short sale at list price!True tropical delight in highly desirable South Kihei, located just a few steps from the white sand and gentle waters of Kamaole II beach. This fully remodeled 1 bedroom, 1 bath ground floor unit is exquisitely finished with cherry cabinets in the kitchen and bath, slate back splash, stained concrete counters, tiled floors, walk-in shower, and designer fixtures.
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 Koa Resort 3B Kihei $240K (FS) |
Short sale. Away from the roads, looking directly at the pool, this unit has the feel of old Hawaii with wood ceilings. It comes furnished and can be rented as is. |
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 Aina Nalu J-104 Lahaina $335K (FS) |
Short sale. Aina Nalu is arguably the best value in Lahaina. Lahaina's best restaurants, shopping, cultural events, parades, great beaches and the wharf are just a short stroll away. Bali style appointments, naturalized fountains and garden settings, 2 pools (one is a large saline pool perfect for lap swimming), a hot tub, gorgeous pavilion for entertaining or just relaxing all create a relaxing environment on this 8.6 acre property. |
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 Kapalua Golf Villas 11T6/7 Kapalua $569K (FS) |
Private location with closest proximity to Kapalua Bay Course and Pineapple Grill. Most desirable "Trellis" one bedroom unit with easy street level access. Offering two full baths. New A/C. Furnishings and carpet upgraded.
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 Sands of Kahana #134 Kahana $760K (FS) |
Here it is, this price has it all. 2 bd. 2ba. luxury furnished ocean front/ view condo in one of West Maui premier & popular resort destinations. Over 1,700 sq. ft. of living area. Hotel-like amenities, 24 hr. Have front row seating to views of whales(seasonally), wind surfers and the island of Molokai right off your very own Lanai
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 Lahaina Residential #112 Lahaina $100K (LH) |
Bank owned. Priced for quick sale. Across the road from the ocean. Walking distance to the "Heart" of Front St. Tile floors throughout. Newer appliances. |
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 Hale Kanani 3-305 Kihei $369K (FS) |
Spectacular sunsets, ocean and West Maui mountain views from this beautiful 2 bedroom, 2 full baths, top floor, centrally located South Maui condo. Built in 2005, this condo boasts fine features and quality living on Maui. Central A/C, solid surface countertops throughout, crown molding, washer/dryer, saline pool and spa, BBQ area, 2 parking spaces, pets allowed. |
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 Auhana Kuleana #303 Kihei $378.7K (FS) |
Short sale. Fantastic 3 bedroom, 2.5 bath South Kihei home just one block from the beach. Beautifully remodeled and exceptionally comfortable. Features include extensive use of tile, new cabinets, granite countertops, designer fixtures, A/C, new ceiling fans, recessed lighting, single car garage, enclosed lanai, and much more. The private and peaceful backyard is perfect for BBQ's or a hot tub. |
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 Kanani Wailea #19 Wailea $995K (FS) |
Priced $635K below seller's purchased price. Kanani Wailea is a luxurious new gated community located off Piilani Highway in Wailea. With only 38 units, this low density ocean view neighborhood combines the privacy of free standing, single family two car garage homes with the convenience of location and amenities of resort condominium living. |
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