Year over year, the high-end sector on Maui is enjoying significant growth over 2014 - which many saw as an 'off' year in the luxury sector of Maui real estate. But the growth and extent to which this niche has exploded this year has been uncharacteristic and unexpected. As such, the record-breaking sale of the subject Makena luxury home for $41.775M has raised many eyebrows due to its significance and unparalleled value. 

The subject Keauhou at Makena luxury estate was NOT listed for sale on the Multiple Listing Service and although we have seen it from a distance being built over the past few years, very little information is factually known about the home or its owners. As per public records, the property consists of a single-level 6,737 square

As evidenced in our Honua Kai 2015 mid-year Review, the Honua Kai micro-market is currently experiencing conditions unseen before: The number of sales reflect a 'stagnant' market, but the units selling are premium, more expensive units which result in the highest average and median sales price ever at Honua Kai (and the lower amount of units is due to low inventory, not lack of absorption/demand).

With that, the developer has announced a special promotion of the '49' stack on the Konea tower, offering 49 months of pre-paid HOA fees - a value of over $135K. That is considerably more than has been offered on any of the developer units, including sales to current owners. Promotion ends September 7th. Take a look below at a site map of the Konea tower and

The introduction of new projects to the Wailea real estate market is typically met with high demand from potential purchasers and the equally high expectations of new properties seamlessly integrating the latest construction/design trends with what is arguably one of the most picture-perfect real estate landscapes in the world. 

As such, the release of Keala O Wailea has been long-awaited and although we have been updating our clients in real-time of any updates, now in the interest of public information and transparency, we will post all updates now on our site. To kick it off, let us announce the Owner-Occupant Lottery, which is to take place on July 27th at Fabiani's in Wailea. In order to participate, those interested MUST submit an