Having trouble reading this newsletter? Click here to see it in your browser.
|
|
Issue 364 |
February 23rd, 2010
|
|
Market Update
Multi-Generational living may be a new trend in real estate; however, here on Maui, this has been a very common theme for a long, long time.
There are two very important reasons for this. The first reason is economical. With the high cost of living here in the Islands, families often share living arrangements to save money.
The second reason is more cultural in nature. There are many families with Hawaiian and Asian descent in our population. They have a very strong cultural tradition for this type of living arrangement.
In fact, the term you often see used in Hawaii is "Ohana". The term "Ohana" literally means family. It has come to mean any type of separate living arrangement either inside the home or a detached cottage. Typically these Ohanas have their own kitchens.
If you are looking for a home with an Ohana either for economic reasons or to share with another family member, please allow us to help you find the ideal property for your budget.
Have a wonderful week!
Mahalo Nui Loa,
The Smith Team
P.S. We are very sad to report the loss of a dear friend and colleague, Betsy Jacobsen who died several days ago. Our heartfelt prayers are with her family. Happy trails Betsy.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
|
Market Watch for February 22nd, 2010
| Active | Pending | Sold | Change |
Homes | 897 (403) | 237 (25) | 722 (96) | -3
|
Condos | 1401 (262) | 242 (16) | 803 (110) | NC
|
Land | 541 (156) | 43 (12) | 119 (31) | -2
|
Total | 2839 (821) | 522 (53) | 1644 (237) | -5
|
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
406 Monarch Place
Kapalua
$2.249M (FS)
|
|
Owner may carry financing at preferred rate to qualified buyer. Luxurious
Pineapple Hill Estate with panoramic ocean views, private in-ground swimming
pool, Spa, covered lanai and much more. Home was completely remodeled and
updated in 2007. Pineapple Hill is a high end gated community with direct access
to Kapalua's fabulous golf courses.
Customer Listing Synopsis
|
630 & 588 E Kuiaha Road
Haiku
$2.95M (FS)
|
|
A rare opportunity to own a breathtaking retreat property where resources are
close at hand and inspiration is in your own back yard. This offering includes 2 adjacent parcels (numbers 173 and 174) of the most beautiful organically
cultivated land that upcountry Maui has to offer! One elegant main home plus a
permitted cottage, a year-round spring-fed stream, spacious peaceful meadows and
organic gardens with mature fruit trees make this a truly unique sustainable
lifestyle property.
Customer Listing Synopsis
|
175 Ulukoa Place
Ka'anapali
$3.65M (FS)
|
|
Fabulous upgraded one story home in the Ka'anapali Golf Estates designed by
renowned architect, Ken O’Conner. O’Conner built his reputation in California’s
wine country and has been commissioned to design homes in such prestigious
communities as Sea Ranch in Mendocino and Kinney Brook Estates in the Napa
Valley. The design O’Conner delivered is striking and contemporary while
utilizing natural materials to ground the structure to its Hawaiian roots.
Customer Listing Synopsis
|
Homes Under $1M
109 Piimauna Street
Pukalani
$696K (FS) |
|
Short Sale. Act now to secure this Wailea spa in Pukalani! Look at this Marvelous huge
salt-water diving pool with 2 waterfalls and 10-person rock hot tub in which to
enjoy the unobstructed bi-coastal views and splendid sunsets while listening
to your favorite Music! An extraordinary outside entertainment area with gas
tiki torches, fire pit, 4-burner gas grill, wet bar, and a custom outdoor
shower. And a delightfully easy house to live in.
|
296 Kahana Ridge Drive
Kahana
$750K (FS)
|
|
Short Sale. Panoramic ocean views from this front row, 4 bedroom, 3 1/2 bath home with 3 car garage. Granite counter tops, hardwood floors in the kitchen and living areas, and fine wood cabinetry throughout.
Customer Listing Synopsis
|
65 Hua Nui Way
Kahana
$849K (FS) |
|
Beautiful home located in a small gated community in Kahana. Walk to the beach or
relax on the lanai. Hardwood floors, granite counter tops, central A/C,
den/office with french doors and a attached two car garage are just some of the
quality features of this outstanding home.
|
Vacation Condos Over $1M
Makena Surf B-303
Makena
$2.345M (FS)
|
|
Fantastic Beachfront 2 bedroom 2 bathroom top floor unit in the “B” building at
Makena Surf. This renovated unit offers wonderful ocean, beach and outer island
views from the living room, dining room, kitchen and lanai. Makena Surf offers 4
tennis courts, 2 pools and BBQ areas.
Customer Listing Synopsis
|
Vacation Condos Under $1M
Kihei Alii Kai D-303
Kihei
$299K (FS) |
|
Exquisitely upgraded 1 bd. 1 bath unit in popular Kihei Ali'i Kai
Resort across from Kamaole Beach I. The ocean view is magnificent. Concrete
construction keeps any possibility of 'neighbor noise' to a minimum.
|
Wailea Ekahi 52-D
Wailea
$499K (FS)
|
|
Short Sale. This upstairs one bedroom/one bath unit is remodeled, fully furnished and ready
to move into or vacation rent. Walk down to the ocean front pavilion on the
beautiful Keawakapu beach. Two lanai's, nice furnishing and upgrades.
Customer Listing Synopsis
|
Wailea Ekolu #407
Wailea
$599.9K (FS) |
|
Short Sale. Great views, excellent rental potential in this 1 bedroom 2 bath Wailea Condo in
one of Wailea's most desired complexes.
|
Kahana Sunset B-5
Kahana
$615K (FS) |
|
This unit is furnished with 2 lanais that offer great ocean views, one off the
master suite the other off the great room and is ideal for couples or families.
It can be used as a vacation rental or a private island retreat. The development
has its own private sandy beach and snorkeling cove that fronts Kahana Sunset
and just off pristine Keonenui Bay.
|
Napili Point B-26
Napili
$719.9K (LH) |
|
Beautifully remodeled one bedroom / one bath directly on the ocean at Napili
Point. Upgrades include granite counter tops, cherry wood cabinetry, stainless
steel appliances, and tiled floors throughout. This unit overlooks Honokeana
Cove with Molokai and Lanai in the background. Enjoy snorkeling and swimming
with turtles from this private bay. This unit comes turn-key with exquisite
furnishings.
|
Residential Condos
Southointe 22-205
Kihei
$127.9K (FS) |
|
Bank Owned. Great value in Southpointe at Waiakoa.
Customer Listing Synopsis
|
Kehalani Gardens #1505
Wailuku
$255K (FS) |
|
Short Sale. Lowest priced unit at Kehalani Gardens with the largest sq footage. Potential
short sale. Now is your chance to own your own home with no one above or below
you, just beside you. Pets allowed with a small fenced area in the back.
Customer Listing Synopsis
|
Hokulani Golf Villas #34
Kihei
$800K (FS) |
|
Single level, great view, on the park. The best of it all, single level living
with the best in finishes and location. This brand new gated Hokulani Golf
Villas Home offers all the benefits of a condominium but has the privacy of a
single family home. Situated within the Elleair Golf Course on the majestic
slopes of Haleakala, this 2 bedroom & den home has an incredible spacious
plan with volume ceilings a huge lanai and 2 car garage.
Customer Listing Synopsis
|
Vacant Land
3378 E Lani Ikena Way
Wailea
$350K (FS) |
|
This is an incredible opportunity to own in Wailea. Chosen by a contractor for
himself this is a level lot for ease of building. Underground utilities and
3/4-inch water meter are installed. Architectural building plans for the lot are
available.
Customer Listing Synopsis
|
|