August 2014

Found 7 blog entries for August 2014.

mokapu beach wailea

The 1,500 master-planned community of Wailea serves as one of the best examples of a community seamlessly fusing its natural splendor setting with world-class luxury resorts and a culture rich in tradition. Yet for all the different offerings, the Wailea real estate market has very limited options when it comes to true, front-row beachfront options. And now, there is speculation that there will be a handful of more offerings that are sure to be one of the hottest commodities within the Maui luxury market.

Contact Us to stay updated on Wailea Beachfront Condo Opportunities.

Perennial favorites such as Wailea Point and Wailea Elua Village have historically been very strong performers when it comes to equity growth, perhaps the most pertinent

Since its introduction, the Montage Residences Kapalua Bay have been well received by affluent buyers who are familiar with the Montage's worldwide reputation for providing royal-worthy experiences in the most magnificent locations. As such, it comes as no surprise that since being listed on the MLS, the pent-up demand has translated into significant sales taking place. Up to this point, 4 sales have closed with a total sales volume of $28.25M, at an average of $7.062M.

Up to this point, the Residences being absorbed are the creme de la creme, as illustrated below:

montage kapalua sales

As on the map above, 3 of the sales are of the hammerheads on buildings 2 and 1. As a quick note, residence numbers are 4 digits, with the first digit being the building, the second

For the discerning buyer interested in the Wailea condo market, the Andaz Residences Maui at Wailea has proven to be one of the most interesting value propositions due to its symbiotic relationship with the hotel and premium location. And although the market has been slow to absorb these luxury units, the reality remains that it is one of the most unique properties on Maui with an enviable, picture-perfect beachfront location. 

And now there is speculation that there is going to be some VERY SIGNIFICANT news regarding available opportunities at Andaz. Contact us to be updated.

Wailea has a strong reputation as one of the world's best master-planned communities and although real estate options vary from entry-level Grand Champions, to record-breaking

Honua Kai Resort & Spa presents one of the most luxurious ownership experiences on Maui - whether it is a front row 3 bedroom unit or a mountain-view Studio, owners can rest assured that their property is well managed and can expect a five-star level of service by staff.

As such, it is with great pleasure that Honua Kai announced the appointment of Christy Laird as the new 'Homeowner Experience Manager' - Christy brings over a decade of experience in the homeowner relations and high-end property management. Most recently she held the position of Homeowners Relations Manager at Vail Resorts, where she held that level of responsibility for nearly 7 years. 

For more information on available Honua Kai real estate opportunities, the property in general,

The Maui real estate market continues its upwards trends with some micro-markets such as Honua Kai experiencing better than average valuation improvements, while others are still trying to catch up. As such, we are often asked 'how is the market' doing - and while there is no blanket answer to accurately describe every micro-market, there are discernible trends in that can be ascertained when analyzed in context. Is there one to be found in the South Kihei beachfront condos?

With a strong emphasis on the Kihei condo market, we diligently keep our clients informed of new inventory, closed sales, community information, etc. and through time and expertly analysis, trends become evident. There is a definitive difference (both in terms of valuation and

As the Honua Kai micro-market continues to evolve, we continuously receive questions from clients regarding which Honua Kai condos the developer still has for sale. Although the developer does not list all of their inventory on the Maui MLS, in order to represent our clients dutifully and maintain a strong understanding of market conditions, which are affected by available inventory, we diligently keep a watchful eye on developer inventory. 

However, for the sake of transparency, we will be posting inventory updates monthly until all units are absorbed. If there is a particular unit type of interest (i.e. 3 bedroom villa on the 25 or 29 stack), please contact us for a private consultation as to how best to meet your Maui real estate objectives. 

With a large number of clients who see the inherent value of Honua Kai condos, we keep a watchful eye on the micro-market to better ascertain ensuing trends and spot particularly strong values. With that said, the month of July proved to be another month filled with activity.

New Listings

A total of 4 new listings came on the market in July. 

Hokulani 737 - Studios have been highly sought-after due to their incredibly high rental revenues comparative to their initial investment, but at $780K, it may be difficult to justify.

Hokulani 238 - This 1 bedroom / 1 bathroom unit is on the northern perimeter of Hokulani, enjoying the 'buffer' between the two towers while still having ocean views. Listed at $849K

Hokulani 213 - Same square footage as