Honua Kai December Update
Posted by Alex Cortez on Friday, January 3rd, 2014 at 11:21pm.
As a whole, 2013 proved to be a marked shift in the Maui real estate market, with some micro-markets such as Honua Kai enjoying particularly strong sales activity and valuation growth. We will be posting an in-depth analysis of 2013 for Honua Kai and its context within the high-end Maui market, but in the meantime, we will post our December update.
New Listings
Four new listings joined the inventory:
Hokulani 518 - Priced at $798K, this 1 bedroom / 1 bathroom will fill a void in the depleting 'entry-level' inventory.
Hokulani 446 - Large 2 bedroom / 2 bathroom on the northern end of Hokulani, facing Konea. Priced at $1.3M, it is a bit above comparable sales.
Hokulani 111 - Ground-level 2 bedroom / 2 bathroom unit on the inner courtyard of Hokulani, within a few steps of the pool. Priced at $1.329M, it is an attractive option for those looking for the ease of being on the ground level.
Konea 601 - Quite simply, the best of the best. Priced at $5.3M, it will find the right buyer - someone willing to pay a premium for absolute perfection on the Pacific.
Pending Listings
The listings below are those that went under contract during the month of December only - there are other units that are still Pending but came under contract before December.
Konea 448 - A 1 bedroom / 1 bathroom unit on the northern, outside perimeter of Konea, facing the parking lot. Priced at $790K, it was a matter of time before it went under contract, December 29th.
Sold Listings
Hokulani 223 - A Studio, sold for $630K. It was an unlisted property.
Konea 329 - A current owner purchased this phenomenal 3 bedroom / 3 bathroom unit for $1.97M and received 3 years of pre-paid HOA's.
Konea 625 - Another current owner buying this outstanding 3 bedroom / 3 bathroom unit for $2,042,450 and also received 3 years of pre-paid HOA's.
Hokulani 303 - A premium 3 bedroom / 3 bathroom unit, second from the front stack with outstanding ocean views while overlooking the pool area. It sold for $2,359,900.
Developer Inventory
For any buyer seriously interested in Honua Kai, it is important to note the developer does NOT list all of their inventory online - we will continue to post the most updated information on our monthly Honua Kai Sales Updates but for real time information, call us at 808.385.5034
Hokulani
| UNIT | LIVING SQUARE FOOTAGE | TYPE | VIEWS | PRICE |
| 203 | 1,940 square feet | 3 bedroom | Ocean View | $2.155M |
| 315 | 1,320 square feet | 2 bedroom | Ocean View | $1.619M |
| 504 | 1,940 square feet | 3 bedroom | Ocean View | $2.289M |
| 1037 | 2,205 square feet | 3 bedroom | Ocean View | $2.875M |
Konea
| UNIT | LIVING SQUARE FOOTAGE | TYPE | VIEWS | NEW PRICE |
| 103 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.505M |
| 139 | 1,325 square feet | 2 bedroom | Partial Ocean View Interior | $1.512M |
| 140 | 915 square feet | 1 bedroom + | Partial Ocean View - Facing Mahana | $749K (PENDING) |
| 145 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.39M |
| 149 | 1,930 square feet | 3 bedroom | Ocean View | $2.267M |
| 203 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.525M |
| 215 | 595 square feet | Studio | Ocean View | $670K |
| 242 | 1,230 square feet | 2 bedroom | Partial Ocean View | $1.025M (PENDING) |
| 306 | 945 square feet | 1 bedroom + | Partial Ocean View | $767K (PENDING) |
| 325 | 1,610 square feet | 3 bedroom | Ocean View | $1.87M |
| 329 | 1,610 square feet | 3 bedroom | Ocean View | $1.87M (PENDING) |
| 340 | 915 square feet | 1 bedroom + | Partial Ocean View | $780K |
| 342 | 1,230 square feet | 2 bedroom | Partial Ocean View - Mahana Facing | $1.045M |
| 343 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.465M |
| 403 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.565M (PENDING) |
| 409 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.505M |
| 440 | 915 square feet | 1 bedroom + | Partial Ocean View | $777K (PENDING) |
| 443 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.475M |
| 449 | 1,930 square feet | 3 bedroom | Ocean View | $2.402M |
| 450 | 2,230 square feet | 3 bedroom | Ocean View | $3.589M |
| 506 | 945 square feet | 1 bedroom + | Partial Ocean View - Facing Hokulani | $825K (PENDING) |
| 507 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.535M (PENDING) |
| 509 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.515M |
| 605 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.58M (PENDING) |
| 639 | 1,325 square feet | 2 bedroom | Ocean View | $1.762M (PENDING) |
| 703 | 1,315 square feet | 2 bedroom | Ocean View | $1.775M (PENDING) |
| 707 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.7M |
| 745 | 1,315 square feet | 2 bedroom | Partial Ocean View Interior | $1.72M |
| 749 | 1,930 square feet | 3 bedroom | Ocean View | $2.702M |
| 839 | 1,325 square feet | 2 bedroom | Partial Ocean View Interior | $1.872M |
Specializing in Makena and Wailea real estate, Alex Cortez is fully dedicated to representing his clients ethically and diligently. Contact him at 808.385.5034 or Alex@MauiRealEstateSearch.com for more information.