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Issue 411 |
January 18th, 2011
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Market Update
In our desire to continue to provide our readers and clients with the most up-to-date, informative Maui real estate information, we ask that you please take a moment to complete this survey so we can give our newsletter readers what they desire and we can continue to be the best we can be in 2011.
The survey shouldn't take more than a minute or two. As a way of saying thank you, your name will be placed in a drawing for a $50.00 gift card to either Amazon.com or Costco. Winner will choose.
To get started click here.
Mahalo Nui Loa,
The Smith Team
P.S. Looking for a deal? This 2 bedroom, 2 bath fee simple condo at the beautiful oceanfront Papakea Resort in Napili (near Lahaina) was brought to our attention yesterday. The owner is quite motivated to sell. The most recent sale of a 2 bed, 2 bath condo at the Papakea resort sold in April 2010 for $925K. At nearly 60% less the price of the previous sale, this condo is a steal.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for January 17th, 2011
| Active | Pending | Sold | Change |
Homes | 834 (327) | 219 (24) | 818 (93) | +7 |
Condos | 1260 (227) | 241 (18) | 1151 (164) | +11
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Land | 551 (130) | 24 (5) | 127 (15) | -2
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Total | 2645 (684) | 484 (47) | 2096 (272) | +17
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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.
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Homes Over $1M
2600 Kanakanui Road
Kihei
$1.85M (FS)
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This private gated compound located on 1.12 acres has undergone extensive
renovations including a kitchen, dining room and media-center expansion as well
as a 700+ sq.ft. second level Master Suite with sweeping ocean and island views.
Situated on over an acre, this property has been subdivided and has 3 water
meters allowing the potential for two more single family residences to be built
if eventually desired.
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3910 Wa'akaula Street
Wailea
$5.75M (FS)
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The absolute best
panoramic ocean views in Wailea, Molokini to West Maui. This specialty home
offers 4,800+ sq. ft. of single level living with 4 private suites + an office, a media room with a Marantz 50” Plasma and a
projection screen with surround sound system for the total movie watching
experience. There’s an exercise area, a cool wine cellar and two guest suites
separate from the single level living on the main level.
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Homes Under $1M
911 Mahealani Street
Kihei
$278K (FS) |
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Bank Owned. 3 BR, 2 BA, 2 car garage with in-ground pool, Built in 1992.
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137 Poniu Circle
Wailuku
$370K (FS) |
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Bank Owned. Great opportunity to own a spacious 4 bedroom / 3 bath home in Wailuku at
Kaimana, located in a wonderful spot with a fully fenced in yard. Private
setting with easy access in town.
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94 Papahi Loop
Kahului
$429.9K (FS)
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Bank Owned at The Legends at Maui Lani. Nice family home on quiet street. Master bedroom is on main level.
Customer Listing Synopsis
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54 Kamaiki Circle
Kahului
$675K (FS)
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Bank Owned. Beautiful and spacious 4 bedroom / 2.5 bath home in the gated community at The
Bluffs at Maui Lani. As you enter the front door, there is a grand staircase
that leads you to a master suite with a walk-in closet, additional sitting area,
and large bathroom with a separate shower and tub. The living room and kitchen
area are downstairs. Enjoy mountain and golf course views from your master
lanai.
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18 Ohia Lehua Place
Pukalani
$695K (FS)
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Breathtaking views of Haleakala from the living room, kitchen, lanai. Step right
through the 10ft French bamboo glass doors into a soothingly flow of simplicity.
This brand new 3 bedroom 3 full baths home never been lived in.
Recent $200K reduction makes this appear too good to be true, but it is! Hurry, this one won't last long.
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Vacation Condo Over $1M
Ho'olei A-6
Wailea
$3.295M (FS)
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Extremely private and special location at Ho'olei. Villa A-6 is the premier
unit in the entire neighborhood. Gorgeous ocean, mountain, and golf course
views. Beautifully furnished by latitudes and being sold completely "turn-key",
with all furniture, electronics, and houseware items included in the purchase
price. This villa has arguably the most highly sought after location in the
entire neighborhood.
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Vacation Condos Under $1M
Ma'alaea Yacht Marina #109
Ma'alaea
$167.5K (LH)
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Bank Owned. 2 bedrooms and 2 bathrooms. Beautiful ocean and mountain views from kitchen,
dining room and living rooms areas, plus master bedroom. Lanai is large and it
can fit a table with 4 chairs.
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Kihei Akahi C-312
Kihei
$230K (FS)
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Short Sale. One of the best locations. Just steps to Kamaole Beach Park II. Good ocean views
from lanai and incredible Haleakala views too! Weekly rentals allowed. 2 pools,
tennis court, mature landscape, and close to restaurants and shops.
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Sugar Beach PH1
Kihei
$349K (FS)
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This top floor corner unit is light, bright and airy with gorgeous ocean &
garden views. Enjoy miles and miles of sandy beaches or the beachside pool and
spa. Maintenance fee
includes electricity, water and cable.
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Polynesian Shores #213
Honokowai
$599K (FS)
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This highly upgraded condo represents quality living at its best. Featuring
exquisite granite and oak kitchen cabinetry. Tastefully furnished and appointed.
Extra walk in storage space, six inches of insulation in the ceiling will keep
the condo 10 degrees cooler. Beautiful Molokai and ocean views.
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Residential Condos
Maui Lani Terraces D-103
Honokowai
$99.9K (FS) |
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Bank Owned. Ground floor unit located right across the street from the ocean.
Terrific location in West Maui, walking distance to park, beach, shopping, and
restaurants. The complex offers an in ground pool and BBQ area.
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Keonekai Villages 14-101
Kihei
$119K (FS)
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Bank Owned. Come take a look and see. Downstairs unit in building 14. 2 bd. 1 bath unit with lots
of potential. Clean and ready to move in. Close to the beach and shopping.
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Vacant Land
Ka'anaplai Coffee Farms Lot 13
Ka'anapali
$525K (FS) |
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Kaanapali Coffee Farms is an exclusive agricultural community. Located 300-500
feet above west Maui's world famous Kaanapali Resort. Each lot offers panoramic
sunset, island and ocean views second to none found on Maui. Enjoy low density
living among the fabulous rolling hills of the manicured coffee farms. Build
your plantation style estate home and live among the beauty of the groomed
orchard.
Customer Listing Synopsis
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