Weekly News

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830 kai hele ku for sale luaniupoko

One of the best values in Launiupoko real estate just got better. Our listing of 840 Kai Hele Ku Street received a significant price adjustment to $1.1M, making it the most affordable residence currently on the market in Launiupoko. What makes this property a particularly compelling strong value proposition is its location, set at the peak of Kai Hele Ku with full orientation due west for commanding ocean view corridors. Privacy, views, prime location: this property offers it all at arguably one of the best values in Launiupoko in years.  

This offering is for the CPR'ed 2 bedroom cottage property and for those interested in a larger estate, the main-home portion of the CPR is also available - for those unfamiliar with Launiupoko or the unique

maui luxury condos

As the 2016 begins to unfold, let us take a look at the most significant sales in the Maui real estate market during the 2015 year.  So with that, we count down the top 5 sales:

* 4446 Makena Alanui Road- Much was speculated and written regarding the record-shattering sale of 4446 Makena Alanui Road in the exclusive Keauhou at Makena subdivision, which consists of only 7 homes on 23 acres of the most sought-after real estate on Maui. The unlisted, private sale of this property recorded for $41.775M, which is leaps and bounds above the previous high mark on Maui of $27M. Not much is known about this property, but from what we saw of it while being built, it is one of the most impressive, sprawling estates in all of Maui.

* 3070 South Kihei Road -

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

As we have been noting on previous market reports, the Maui real estate market is experiencing continuing valuation increases across virtually all micro-markets. And in keeping a diligent eye on the South Maui luxury real estate market, there is a sale that bears closer examination.

Mana Kai 309 sold for $1.2M on February 13 after a comparatively short escrow, indicative of a motivated buyer anxious to close the deal. Although at first glance it may not seem as noteworthy, it is reflective of micro-market that is gaining sustainable momentum. Mana Kai is a beachfront property on the world-famous Keawakapu Beach and is an iconic condominium in its own right. Although values saw a dip during the recession, recent trends point to a healthy niche. In

The Makena real estate market continues to evolve quickly and discerning buyers interested in purchasing a Makena condo or estate must remain vigilant and up-to-date in order to make informed decisions. For the third week of June, these are the noteworthy developments:

6699 Makena Road - New Listing

This new listing across from Big Beach is in a private, gated subdivision and has never been offered before. It is a custom, environmentally-friendly Hawaiiana style plantation estate on a very large (31,000 square feet) parcel with significant privacy. With 4 bedroom and 3.5 bathrooms encompassing 3,400 sq. ft. of interior living space, it represents a very strong value in the luxury South Maui market.

37 Ualei Place - Price Adjustment

Since its introduction, One Palauea Bay has been a highly desirable subdivision in Makena for the discerning buyer looking for a showcase-quality home on a large parcel (all lots are slightly over 1 acre) without the price point of being beachfront in Makena. And in expertly knowing the Makena micro-market, we examine new inventory and sales.

And as previously noted, the sale on June 3rd of 22 Ualei Place recorded for $5M. Originally listed for $6.85M on October 15, 2012, it went through a couple of price adjustments, down to its last asking price of $5.998M. It had last been sold on October of 2011 for $2.788M, but was not yet completed. The seller took great care in bringing it up to its full potential before marketing it for sale.

As of the

As the market continues its correction and micro-markets evolve through their own recovery phases, one of our focus areas is the Makena Real Estate market. As such, we are pleased to announce the sale of 22 Ualei today for $5M. The listing was offered by the Wailea Group on October 15, 2012 for $6.85M. Through a series of significant price adjustments, it was sold on June 4, 2013 for $5M.

Given the location of the home and view corridors, we feel that this is a strong value and further reinforces the value proposition of 37 Ualei Place, listed at $9.495M, which is arguably the most impressive of the One Palauea Bay luxury homes.

The Makena real estate market has proven to be resilient to fluctuations caused by the recession - posting the highest residential sale on Maui ever in the midst of the recession. As such, it is important to note the direction of the micro-market and in keeping our readers well-informed of any noteworthy sales, we'd like to announce the closed sale of 33 Ualei Place.

In One Palauea Bay, 33 Ualei Place was introduced on 01/31/2013 with an asking price of $9.4M, with an aggressive price adjustment to $8.6M proving to be the catalyst that motivated a buyer to act - with its sale closing for $8.15M on 04/29/2013. Congratulations to the new owner of this luxury Makena property and to Wailea Realty/The Wailea Group for orchestrating. Also take a look at

With shrinking inventory and REO's/Short Sales becoming more of a rarity, when a new listing of particularly strong value comes on the market, it's critical for savvy buyers to act quickly when something of interest becomes available. As such, those who have been watching the Kapalua luxury real estate market for an opportunity will be thrilled with the newest REO listing.

A Honolua Ridge REO - Luxury Below Market Price

94 Keoawa Place is a luxury Kapalua home featuring over 7,000 square feet of interior living space on almost 4 acres of land, ensuring privacy and uncompromised view corridors. Located on in the prestigious subdivision of Honolua Ridge at Kapalua Resort, this estate offers 5 bedrooms, 5.5 bathrooms, a media room, an office, an

Aloha,

Below are noteworthy happenings in the Maui real estate market.

As high season continues and will come to a close shortly, one thing that is for certain is that it is a shifting market (across most micro-niches) and that well-priced properties are in short supply and are being absorbed remarkably quickly, oftentimes under multiple offer scenarios.