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| Issue 391 | August 31st, 2010 |
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| Aloha ,
In this newsletter:
REO Properties
Short Sales |
Mediterranean Style Villa
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Even in our tough economic times, people can still live a life of luxury. How
is this done? If you are interested in buying a second home on Maui and would
like to invest in a luxury home at 1/2 the price, consider a 50 % co-ownership
interest. In addition, if you own a luxury home on Maui and would like to sell
it, consider this as one of your options. This is not a timeshare, vacation
club, or fractional ownership. Let us know if you are interested and we'll send
you more details.
Have a wonderful week!
Mahalo Nui Loa,
The Smith Team P.S. - Here's a link to a gated estate located in the South Kihei area that you could purchase 50 % interest or in full. If you are interested, call us for the unpublished price.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for August 30th, 2010
| Active | Pending | Sold | Change | |
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| Homes | 839 (329) | 226 (29) | 830 (106) | -23 |
| Condos | 1337 (240) | 293 (11) | 1082 (169) | -13 |
| Land | 588 (165) | 27 (9) | 138 (15) | +6 |
| Total | 2764 (734) | 546 (49) | 2050 (290) | -30 |
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1. The numbers in parentheses reflect the number of listings over $1M |
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This one of a kind contemporary estate is located inside the prestigious gated
community of One Palaeua Bay in the Makena Resort. From the moment you drive in
to your Porte Cochere from the circular driveway and enter through the custom 8
foot glass entrance doors, you are swept away to the sounds of the ocean surf
into your own private retreat of rejuvenation and relaxation.
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 1822 Piihana Road Wailuku $192.9K (FS) |
Bank Owned. Happy Valley 4 bd. 2 bath with attached ohana.
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Bank Owned. One of the lowest priced homes in Kihei. This North Kihei 3 bd. 2 bath home boasts views of the West Maui mountains. The large landscaped lot offers added privacy as it backs up to open fields to the rear and has an ample covered lanai, seperate ohana unit, and workshop on property. |
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 610 S Alu Road Wailuku $545K (FS) |
Bank Owned. Single family home in Wailuku Heights. Main living area upstairs and bedrooms are downstairs. Great views of the ocean/Kahului Harbor & Haleakala.
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Short Sale. Amazing investment opportunity. Over half an acre property located in Pukalani - close to everything. Rental income brings in over $6,000 a month. All current tenants prefer to stay on property. Property consists of a main house and a separate cottage, both with ocean views. |
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Bank approved Short Sale. From almost every room in the house and Lanai you will experience amazing ocean views from the North Shores to the world renowned South side beaches along with West Maui Mountain and Haleakala Mountain views. This Custom built home boasts a stunning gourmet kitchen with black galaxy granite counters, bamboo inlayed cabinets, Brazilian cherry hardwood floors and top of the line tropical lighting fixtures. |
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Bank Owned. Best priced home in Wailea Pualani. Now over $600K below the average price of two most recent sales in this subdivision. Beautiful mountain view and lushly landscaped. |
Makena Surf A101
Makena $2.99M (FS) |
A-101 is the most desirable building for easy oceanfront access and parking. For the Buyer who wants privacy and the convenience of parking next to his front door (no stairs) plus a direct path to sandy beach, a swimming pool adjacent to the beach path & semi private tennis court. |
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Bank Owned. Decorate this vacation rental condo to your own tastes. Tiled floors and central AC keep this unit cool at all times. Large lanai extends from the living room to the bedroom with the ocean in front of you.
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Bank Owned. Great opportunity for first time buyer or investor. Vacation rentable across from Cove Park.
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Beautifully upgraded 2 bd. 2 bath ground floor unit at Kihei Garden Estates. This unit is turn key and comes with everything that you see. It is located in a private setting near the pool, spa, and BBQ area. Just a short walk to the nearest beach.
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 Puuone Towers #514 Wailuku $98K (FS) |
Bank Owned. This 2 bedroom / 1.5 bath unit is centrally located close to restaurants and business offices in Wailuku. Complex has an on-site manager, pool, BBQ area, covered parking, and a secure entryway. |
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Bank Owned. Great opportunity for first time buyer or investor.1 Parking Stall #69. |
 385 Kualono Place Wailea $385K (FS) |
Great level building site on the cul de sac in Wailea Pualani. Lowest priced lot in Wailea at time of listing. |
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