Maui Real Estate Blog

As one of the most active micro-markets on Maui, conditions at Honua Kai can vary greatly from the overall Maui real estate market. As such, let's discuss the current state of the Honua Kai real estate market, broken down by unit size as that will provide the most context. To start, please use the map below as a reference of unit location within the complex, as that is arguably THE most critical component in valuation. 



Studios


With the least amount of units, the niche of Honua Kai Studios will continue to be one of the most interesting to observe. Currently there is only one unit on the market, Hokulani 219. Of course, being on the 2nd floor of Hokulani has certain challenges, which must then be reflected on price. In the past six months, there have…


We are often asked real estate market conditions, whether as a whole or a more granular level. We conduct in-depth reports of various areas and, as such, today we'll present a breakdown of micro-market conditions at Wailea Point. As a preface, when looking at any market, it is best to look at current inventory (both active and escrows) and recents sales.

To start, let's look at a map of Wailea Point, noting all pertinent units.

wailea point map market update

Active Inventory

Below are description of some pertinent units within the Wailea Point micro-market, to discuss others or further evaluation value proposition, contact us. 

Unit 102 - Arguably one of the most unique condominiums ever offered for sale in Hawaii. The 3 bedroom / 3 bathroom unit sits front row with absolute panoramic…

Our team is proud to announce its participation in the sale of Makena Surf F-103. The ground-floor, front row, beachfront unit is among the best values to sell in Makena in years, arguably. The 2 bedroom / 2 bathroom, 1,510 square foot unit is seamlessly expanded by the spacious lanai resulting in one of the most awe-inspiring ocean views anywhere in Hawaii.

makena surf f-103

The sale recorded on April 3rd, 2018 for a sales price of $2.5M. Given the sale of Makena Surf C-107, which has virtually the same size but arguably a less desirable location, at a sales price of $2.91M, it further supports the strong value we obtained for our clients at F-103. 

For those interesting in selling or purchasing a Makena Surf Condo For Sale, contact our team to discuss the current market,…

We are often asked how different subdivisions in Wailea are faring, internally and comparative to the overall market. Today we will discuss Wailea Pualani. As location within the subdivision is critical in assessing value, let's start by taking a look at a map of Wailea Pualani, which details the price per square foot for homes actively on the market, in escrow, and recent sales:

wailea pualani map

ACTIVE:

Currently there are 11 homes on the market (out of a subdivision consisting of 92 homesites). The average listing price is $2.173M and price per square foot is $659.79. As can be expected, homesites that are 'fronting' the highway (lots 29-32 and 70-75) will have the lowest prices, as is the case with 388 Pualona Nani.

PENDING:

One property in escrow, with

Our team is proud to announce its participation in the sale of 5550 Makena Road. The luxury home encompasses over 6,000 square feet of interior living space across 5 bedrooms and 5 1/2 bathrooms on a large one acre parcel.  The square footage is significantly expanded by the seamless indoor/outdoor integration, with over 2,000 square feet of covered lanai. 

5550 makena luxury home

The sale recorded on March 5th, 2018, for a sales price of $10.5M, reduced from its listing price of $11.9M, thereby marking one of the best values in the Makena real estate market in quite some time.

For those interested in learning more about Black Sands or the overall Makena real estate market, contact us by filling out the form below or call 808.385.5034 (Alex) or 808.392.6657 (Ryan).

One of our most popular blog post, the South Kihei Condo Beachfront Analysis, has been in need of some updating for some time. Without further ado, below please find pertinent data as relating to condos directly located on South Kihei's golden mile: Hale Hui Kai, Hale Pau Hana, Kihei Surfside, Mana Kai, and Royal Mauian. Although Kamaole Nalu is located directly in between Hale Pau Hana and Royal Mauian, we are specifically excluding it from our data as it is a leasehold property and its values are significantly impacted by its land tenure. Contact us for more information on Kamaole Nalu. 

The chart below details the price per square foot, which is generally the best metric when gauging value across multiple micro-markets (different floor plans

Honua Kai's Luana Garden Villas have become one of the most anticipated projects on Maui for quite some time. Our intent is, and will continue to be, to post information on a timely manner for prospective Buyers. Newly updated information as follows:

Luana Garden Villas Map

Click on Luana Garden Villas to view a high-resolution PDF or view the image below. It is worth noting that the Villas are separated into three different enclaves, each emphasizing a different native Hawaiiana garden theme.

luana villas map honua kai

Floor Plans

Luana Garden Villas consists of 18 structures, with each building having 4 units: 2 on ground level, 2 on upper level. Floor plans are Villa A, Villa B, Villa C, and Villa D. Pricing is speculated to start in the $1.8M range but much more

Our team is proud to announce its participation in the sale of Kihei Beach 508. For those familiar with the Kihei real estate market, it is no surprise that Kihei Beach is one of the strongest beachfront values anywhere on Maui. This one bedroom / 1 bathroom condominium offers over 700 square feet, making it one of the largest one-bedroom beachfront units available. With a fifth floor location, this unit offers sweeping view corridors of the Pacific while minimizing road noise pollution.

kihei beach resort 508

The sale closed on December 18 for $610K, marking a fair value for the Buyers and Seller alike. For those interested in learning more about Kihei Beach resort or who want to purchase a Condo in Kihei, contact us by filling out the form below or call 808.385.5034

It is with great pride that our team presents its newest listing, 198 Heleuma Place, located in one of the most exclusive subdivisions of South Maui, Wailea Kialoa. The 4 bedroom / 4 bathroom one-of-a-kind estate offers nearly 4,000 square feet of interior living space in a setting that seamlessly integrates indoor and outdoor living. Located on a gated cul-de-sac, this home is adjacent to the expansive greenbelt to further maximize privacy. Completely remodeled, this luxury estate is anchored by the incredibly pool and entertainment area, with outstanding views of the Pacific perfect for whale watching and sunsets.

True pride in ownership is reflected, as the owners have significantly remodeled the home to be one of the best values in the Wailea

Our team is proud to announce its participation in the sale of Kamaole Beach Royale 204. The well-upgraded one bedroom / one bathroom unit sold on Nov. 20th for a sales price of $375K, marking one of the best values in the complex in years. Congratulations to the proud new owners. For vacation rental information of this unit, view its HomeEscape profile. Conveniently located on the second floor, guests can enjoy ocean views from the lanai while overlooking the pool and may opt to use the stairs or the elevator. Head up to the rooftop garden to enjoy some of the most panoramic views anywhere on Maui.

kamaole beach royale

Conveniently located in the midst of Kihei, Kamaole Beach Royale is walking distance to numerous world-class beaches, various eateries, shops, and

Hawaii Real Estate News.