Kula Real Estate - REDUCED!

Significant price reduction! Exceptional Value!
$200,000 lower than the original list price.

We have a motivated Seller. This is not a short sale or bank owned property, simply a Seller in transition.

Original List Price: $950,000 Current List Price: $750,000

View details of MLS# 338720

For more information on this property or other Kula homes for sale, or Upcountry Maui real estate, please contact me.

Auction - Molokai Estate

Recently software mogul John McAfee's Molokai ocean front estate was sold by way of an auction. The property was listed locally with services of Auction Company of America. The home blended Hawaiian with an Asian flair and consisted of over 5,600 square feet of interior living space 4 bedrooms, 5 baths, pool ocean front property was located on 5.34 acres within Papohaku Ranchlands and Kaluakoi Resort. Question. Did the auction company obtain a better sale price than a conventional Realtor? Most likely no. However, it may have fueled the sale on a property that may have sat on the market for years. Originally listed at $4,900,000. The estate recently closed for $1,661,000.

If you have an interest or questions about Maui luxury homes for sale, please send me an email inquiry or call my direct line: 808.280.2625

Maui Ocean Front Homes - Sales for October

There were two beautiful Maui ocean front homes that sold in October and both homes were located in South Maui. The first home was perched cliff side at Makena Landing, a small boat harbor used predominantly by dive and kayaking enthusiasts.

The second sale was a stunning home on the north end of Kama'ole One Beach Park at 2260 South Kihei Road. Both homes were well built with beautifully appointed interiors. The price point difference between the two sales is justified by the sandy beach front location just beyond the living room and lanai area. Kama'ole One is one of the most beautiful and user friendly beaches on Maui. Daily, at dawn, the parking area becomes the focal point for swimmers, joggers, runners, paddle boarders, canoe paddlers who arrive at dawn for their morning workout. As the day progresses, the fitness group wanes to visitors and residents enjoying sunshine and a dip in the typically tranquil aqua marine blue waters. At sunset, the beach fills with revelers who come down to peacefully watch the sun dip into the Pacific.

If you would like more in depth information regarding Maui beach front homes for sale, please feel free to send me and inquiry, or call me direct: 808.280.2625.

Maui Short Sale & Bank Owned Properties - October Sales

During the month of October, 22 of the 71 residential sales were either short sales or bank owned properties. Breaking this sector of Maui home sales down further, 12 were bank owned and 10 were short sales.

The most notable was a sale within the Bluffs at Maui Lani that closed at $680,000. This home was first listed on the market for $1,495,000 in April of '07. The home was situated on a beautiful lot with golf course frontage and views of Kahului Harbor. The floor plan was the the thorn that brought this home's value down more than any other aspect. Too many small divided rooms. Visit MauiEstatesOnline.com for a current list of all the bank owned and short sale properties available in Maui County.

Paia-Spreckelsville Luxury Estate

BEYOND EXPECTATIONS!

Today I viewed one of the North Shore of Maui's finest homes for sale. Designed by Maui's renowned architect, Hans Rieke, this spacious home is located along the 3rd hole of the Maui Country Club in Spreckelsville, Paia, one of Maui's most desirable neighborhoods on the North Shore of Maui. Step outside your front door for a stroll to Baby Beach, Baldwin Beach or meander to Maui Country Club.
From the first step on the entry landing ,the quality is evident that no expense was spared on the construction of this magnificent 7,500 square foot home. This Spreckelsville estate has 5 bedrooms and 5 baths and includes work-out room, art room, office and 3 separate living/family rooms and much more. Custom woodwork and exotic woods are featured throughout, and include built-in bookcases, desks, cabinetry & counters. The kitchen features top-grade stainless appliances and many custom touches. Step outside to the backyard swimming pool, spa and gazebo. The transition is ideal for indoor/outdoor living on Maui. A three car garage and its attached studio/care keeper quarters offers plenty of storage. A mature mix of landscaping provides shade, grace and beauty to this lovely North Shore home. Offered at: $4,500,000 More photos and details: MLS# 340202

This property is for sale by owner.
Patricia P Chaney R(B) may represent you as Buyer's Representative.

If you would like more information about Paia real estate, or North Shore Maui real estate, please send me an INQUIRY, or call me direct at: 808.280.2625.
Aloha! Patty

Kula Elementary School Harvest Festival

This year's 22nd Annual PTA Kula School Harvest Festival is on Saturday, November 21 at the campus in beautiful Upcountry Maui. This is a great outing for the entire family, with games for the keiki, prizes, bouncing castles and a kiddie bookstore. Adults will delight in unique craft items, silent auction, country store with fresh Kula flowers and produce and entertainment throughout the day. There will also be specialty food booths featuring upcountry restaurants. The Harvest Festival is from 9 a.m. to 2:00 p.m. Parking and admission are free!

If you would like to know what's going on in the Kula real estate market, or are interested in Upcountry homes for sale, please send me an email INQUIRY or better yet, give me a call: 808.280.2625.

Maui Real Estate: October Statistics '09

The number of sales for October were up somewhat: 71 homes (53) , 61 condos (62) and 8 land (10) sales. (September sales) Sales prices also rose for homes and condos: Residential $487,000 up from $450,000 last month. Condos $400,842, up from $306,250 last month.
Year to date residential sales have declined 34% since the beginning of the year. Average home sale price year to date: $717,455. Median home sales price = $500,000.
Visit my website for a review of the full October report for Maui real estate sales activity.

Maui Meadows-Kihei Real Estate: October Sales

This month there were 17 residential sales in the Kihei real estate district. Sale prices ranged from 7 million for stunning South Maui ocean front home next to Kama'ole I Beach Park, to $250,000 for a modest 33 year old home in North Kihei. Average days on the market this month: 264.

There were 3 closings within Maui Meadows this month. One was a short sale. High sale closed at $1,150,000 and the low sale, a bank owned property closed at $620,000. Average days on the market = 199.

Wailea-Makena Real Estate: October Sales

I'm feeling positive that Winter 2009 and Spring 2010 will prove better than late summer and early fall 2009 for Wailea-Makena real estate. Late summer historically tends to be the lowest in sales activity for Wailea-Makena.

This is typically NOT the best time of year for Sellers. However, there are a number of investors snooping and shopping, sensing perhaps that our market has hit bottom.

Wailea-Makena: 2
The high sale was a Makena ocean front home that sold for $4,300,000. This property was originally priced at $6.8 million. I past by this home often as it is perched above Makena Landing. which is one of my favorite launching sites for my canoe. Makena Landing is a small boat ramp park. On weekends it is busy with activity from kayakers, stand up and canoe paddlers and scuba divers. The snorkeling outside the launch area is terrific and filled with turtles and a plethora of fish.

The low sale this month was within Wailea Pualani Estates at a price of $1,025,000. Average days on the market for these two properties: 379

North Shore Maui Real Estate: October Sales

The months are ticking by! It's time to start shopping and planning for the holidays! Between Thanksgiving, Christmas, Hanukkah and the New Year festivities, this time of year becomes fun, festive and a flurry of social, business and family gatherings. As a result, Maui real estate sales typically slow from mid-November through mid-January. In any event, October and Halloween are over and fall is clearly evident in the evening and morning air.

Here are the residential sales that occurred for North Shore Maui real estate in the month of October:

Paia, Spreckelsville & Kuau: 3
Regarding the Paia, Spreckelsville real estate market, 2 of the 3 homes that sold this month were located within Kuau Bay View. Last time I listed a home in this subdivision was over three years ago. In 2006 and it sold for $749,000. Looking at the history of sales this month within the Paia real estate residential market, sale prices are back to 2003 - 2004 values.
The high sale this month was a home in Kuau Bay View Estates at $530,000. The low was a home in Skill Village which recorded at $375,000. Average days on the market this month: 146.

Haiku - 1
Haiku real estate residential sales. What??? Where are YOU!? This month there was just 1 sale. A 963 sf, 3 bedroom, 1 bath residential condominium for $320,000.

Please let me remind you, I am the messenger of information. Please don't shoot the messenger!

Upcountry Maui Real Estate - October Sales

Here are the residential sales for October for Upcountry Maui real estate:

Kula - 8
Kula real estate home sales picked up dramatically in October from the previous month of zero in September. The high sale for the month was a home within the Kula Manu neighborhood closing at $730,000. The low sale closed at $300,500. There were 9 offers on this property as the list price was so low it became a bidding war. Average days on the market: 180. Three of the eight home sales were bank owned; one was a short sale.

Pukalani - 4
Only one of the four Pukalani homes for sale that closed was a bank owned property. The high sale this month closed at $620,000 and the low sale this month for $360,000. Average days on the market = 185.

Makawao - 2
Regarding Makawao homes for sale, both sales occurred in the Hali'imaile area. The high sale was $1,075,000 for a circa 1930's, 1.18 acre plantation estate on Baldwin Avenue. This home was originally listed for $2,250,000 in August 2007. It was purchased in June of 2005 for $1,600,000.
The low sale was a modest plantation home in Hali'imaile Camp and closed at $437,500. Originally listed at $450,000, this plantation home had a rush of activity and was on the market just 93 days from list date to sale date. Another example of how important proper pricing is in today's market.