Aloha
In this newsletter:
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South Maui Oceanfront
3911 Maalaea Bay Place
Maalaea
$3.45M (FS)
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Shared Vacation Rental Ownership
Do you dream about having a vacation home, but find the costs of ownership are too high?
If so, we want to introduce to a concept that we feel is worthwhile considering. It is not timeshare or a vacation club. It is true home ownership but shared with 2 to 5 other persons.
When you consider all the costs of owning a luxury home or condo such as property taxes, maintenance, utilities, management, etc., it is no wonder why the idea of shared ownership is taking off.
The first property that came available on Maui was a condo at The Ironwoods in Kapalua offering 4 shares. It sold out almost immediately.
At the current time, there are no other properties on Maui for sale, but there soon will be one available in Kamuela on The Big Island as well as Honolulu, Oahu.
There are also many other properties in sought after locations around the country such as Carmel, Palm Springs, Ft. Lauderdale, Pebble Beach, Jackson Hole, Park City, and more with prices starting as low as $315K.
If you are a potential buyer, please send us an email, and we will put you in touch with the people who can best assist you.
If you are interested in learning how you can sell your luxury property in any popular resort destination, and get top dollar for it, then this program may be a good fit for you.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. Hawaii lifted all restrictions for mainland travelers this past Saturday. You don't have to show proof of vaccination or take a negative Covid test to come to Hawaii. You do still need to wear face masks in the airports and on airplanes. Happy travels!
Market Watch
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Active
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Pending
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Sold
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Change
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Homes
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167 (143)
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225 (138)
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1338 (693)
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-11 |
Condos
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149 (74)
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371 (168)
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2321 (616)
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+11 |
Land
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99 (49)
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62 (16)
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381 (115)
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-6 |
Total
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415 (266)
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658 (322)
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4040 (1424)
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-6 |
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 the number of active listings from the previous week.
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Homes Over $1M
Homes Under $1M
260 Ea Street
Wailuku
$587K (FS) |
Ideal opportunity for an experienced contractor? Location of property is a big plus, in this "old" style plantation village, where neighbors become family. Walking distance to the "Post Office".
Customer Listing Synopsis
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24 Hoomoku Loop
Kahului
$680K (FS) |
This charming home is ready for you to move in and features vinyl flooring, stainless steel appliances, freshly painted interior, an updated kitchen with midnight sparkle black granite tile counter, lots of cabinets and a wraparound counter for gatherings.
Customer Listing Synopsis |
308 Kulalani Drive
Kula
$899K (FS) |
This comfortable home is backed by a gulch that offers privacy, serenity, and proximity to nature with views of the treetops and forest. Enjoy your morning coffee outside while bathed in cool mountain air, before checking on plants in the terraced garden that spills from the shaded yard.
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Vacation Condos Over $1M
Vacation Condos Under $1M
Kihei Kai Nani 368
Kihei
$595K (FS) |
This lovely Third floor condo offers a peaceful and quiet oasis. Garden views with peek a boo ocean views. Tile flooring with Granite kitchen and bathroom counter tops, and a tiled shower.
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Kihei Resort 122B
Kihei
$600K (FS)
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Gorgeous fully remodeled ground floor 1 bedroom, 1 bath unit at Kihei Resort. Open kitchen and living room with granite counter tops, stainless steel appliances, maple cabinets, and travertine floors that lead to a covered lanai area.
Customer Listing Synopsis
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Kihei Bay Vista C-101
Kihei
$650K (FS)
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One of Kihei's best kept secrets. Boutique condominium project located across the street from sandy beach where you can stroll for miles. This condo has been very well kept up by the owner who has done many upgrades over the years.
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Aina - Nalu B208
Lahaina
$790K (FS)
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If you’re looking for the perfect vacation condo or home, in the perfect location at one of the most sought after complexes in Lahaina, then you’ve found it! Located on the North side of the property, Aina Nalu B208 is an upstairs 2 bed, 2 bath unit. This condo has never been used as a rental, and it shows. It is in excellent condition.
Customer Listing Synopsis
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Residential Condos Over $1M
Masters 1103
Kaanapali
$1.795M (FS)
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You will love the spacious, bright interior with a wall of wide glass sliders to bring the outdoors in. Step thru the sliders and enjoy the extra large covered lanai, surrounded by green lawns, great for dining, entertaining or just relaxing to beautiful sunsets and ocean and island views.
Customer Listing Synopsis
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Na Hale O Makena C-402
Makena
$4M (FS)
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Two-level living with 2 ensuite bedrooms, loft with incredible ocean views, 2.5 baths, nine-foot ceilings, travertine floors, granite counter tops, custom cabinetry, top-of-the-line appliances, and 4 zone central air conditioning. This "boutique" complex consists of only 40 apartments on over 6 acres of lush landscaping.
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Residential Condos Under $1M
Harbor Lights D-325
Kahului
$210K (FS)
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This 2 bedroom, 1.5 bath unit with partial ocean and mountain views. Close to shopping, schools, and parks.
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Haleakala Gardens 4-D
Kihei
$550K (FS)
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One of the rare 3 bedroom, 2 bath condos in Kihei. This great Haleakala Gardens single floor unit is quiet and peaceful. There is no hustle and bustle of tourists since it is not short term rentable. It has a fresh coat of paint and the stacked washer and dryer was purchased last year.
Customer Listing Synopsis
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Villas at Kehalani 1403
Wailuku
$969.9K (FS)
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A beautiful two-story townhome with attached two car garage, with plenty of storage space, central AC system, upgraded floors, carpet and wood blinds. Spacious 2 bedroom suites with private bathroom. Enjoy the morning sunrise over Haleakala with a cup of coffee on your lanai.
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1827 Hookili Road Lot A
Haiku
$725K (FS)
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Hookili Street is located before N Holokai on the hillside on the right of Hana Highway after the bridge, the subdivision called Peahi Hui, with nice homes and paved roads. Enjoy ocean views and a tiny home on wheels to use for now, and move or sell it later, while you design and permit your main home.
Customer Listing Synopsis
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