June 2017

Found 8 blog entries for June 2017.

Our team is proud to announce its participation in the sale of Honua Kai Konea 524. We successfully represented the Buyer in what is sure to be one of the year's best values at Honua Kai. The 750 square foot, mountain-view, one bedroom / one bathroom unit offers a very spacious layout, outstanding view corridors, privacy, and is a top performer among its niche. 

honua kai konea

The sale of Konea 524 recorded on June 30, 2017, for a sales price of $775K, marking one of the lowest price per square foot sales at Honua Kai over the past year. For those interested in learning more about the Honua Kai real estate market, contact us. Our team is uniquely poised to represent Buyers and Sellers in one of the most unique micro-markets of Maui luxury condos.

maui beach

For those who either reside in or visit Maui, it's no small wonder that the Valley Isle garnered another honor: As one of the Top 25 Places to Visit in the US. New York City took the top spot, followed by the City of Brotherly Love, and the sister island of Oahu, with Maui coming in at #4.

Of course there is a high level of subjectivity when compiling any list. For many, Maui offers the absolute perfect mixture of luxury amenities, tropical climate, pristine beaches, a rich culture heritage, all framed by the Aloha spirit that makes the Hawaiian Islands so unique. Thinking of visiting Maui and have questions regarding places to visit, accommodations, can't miss activities and more, contact us below.

One of the first questions that a prospective purchaser of Maui real estate must ask is: what are the property tax rates? As many readers of this blog and our clients know, Maui enjoys some of the lowest tax rates in the US, particularly for homeowners. Now that the new tax rates have been made public for the 2017-2018 fiscal year, we are posting them below. For the same of comparison and context, the chart below details the tax rates for the previous years as well:

maui property tax rates 2017

As noted, tax rates were reduced slightly from 2015-2016 going into 2016-2017, yet increased for the current 2017-2018 year. Properties are classified based upon the highest and best use and those which have an approved homeowner exemption are classified as Homeowner.  Condominiums are

Our team is proud to announce its participation of Montage Residences 5603. The 3 bedroom / 3.5 bathroom luxury unit encompasses nearly 3,000 square feet of perfectly appointed living space, masterfully complemented by the spacious lanai. Building 5 offers a unique value proposition due to its orientation - located on the southern perimeter, it overlooks Kapalua Bay, with Kapalua Beach and Coconut Grove providing the perfect framework for incredible ocean view corridors. 

montage kapalua

The sale recorded on June 14, with a sales price of $4.9M. The new owners will enjoy one of the most picture-perfect units in one of the most sought-after luxury properties in the world.

For those interested in discussing the Montage Residences Kapalua Bay market, contact us by

One of the strongest values at Honua Kai recently sold. Our team is pleased to announce its participation in the sale of Honua Kai Hokulani 710 in representing the Sellers. With outstanding ocean view corridors and the soon-to-be resort setting of the Westin Nanea (north side still under construction as of this writing), the new owners of Hokulani 710 will enjoy the quiet rejoice of being on the top floor (no unit above) while taking in sunsets during season.

The sale closed on June 9, for a sales price of $1.325M.

honua kai

The 2 bedroom unit offers 1,100 square feet with bedrooms on each end, anchored by the oversized lanai. Sold fully furnished, it is ready to enjoy as a private residence or can join any rental program without missing a beat.

For

With only eight 2-bedroom units at Sugar Beach, sales are seldom. Our team is proud to announce its participation in the sale of Sugar Beach Resort 535 in representing the Buyer. Absolutely panoramic ocean views, upgraded interiors, and the privacy of being a corner unit in one of the upper floors is reflected in the sale recording for $1.2M on May 31st. 

sugar beach resort condo

With over 1,200 square feet of interior living space seamless expanded by its full length lanai, the new owners and guests are privy to a spacious layout while taking in some of the most astonishing views of the Pacific. 

For those interested in exploring Sugar Beach Resort condos for sale and/or its respective place within the Kihei real estate market, contact us by filling out the form below

Since its introduction, the Honua Kai real estate market has been one of the most active in all of Maui, particularly impressive given the price point, with current inventory starting in the $700K's and going upwards of $5M. And one of the most common questions asked by prospective purchasers is the status of the large plot of land between the towers and Honoapiilani Highway. For many years, the word was the developer would turn this land into luxury resort townhomes. Yet as the developer inventory was absorbed, it was thought/speculated that the developer would sell the land. As such, it is not surprising to have the parcel up for sale. honua kai luana townhomes

The 10.77 acre hotel-zoned parcel is presented by Colliers International, we may represent the Buyer at no

For those who follow the Honua Kai real estate market, the impending opening of the Westin Nanea has been a hot topic for years. Although construction continues on the northern end of the property, on April 15 2017 Westin Nanea opened to the public. 

westin nanea mapFeedback from early visitors has been outstanding, as can typically be expected from a Westin property. The 16 acre luxury resort consists of 390 villas ranging in size from 1 bedroom to the spacious 3 bedroom premium units. 

Being directly next door to Honua Kai, it is likely that the Westin Nanea will have an impact on the HK micro market. For more information and/or to discuss real estate objectives, contact us by filling out the form below or call 808.385.5034 or 808.392.6657