Makawao - Lower Olinda - Best Buy!

Exceptional Value at $399,000!Quiet pastoral setting with nearly new plantation style home situated on 1 acre of land in the desirable lower Olinda / Piiholo area. Located in Upcountry Maui and only 5 minutes from Makawao Town, this property is steps away from hiking and biking trails in the Makawao Forest Reserve. Beautifully upgraded interior includes new paint, new flooring, Hickory cabinets and stainless steel appliances. Expansive 900 sq. ft. screened in lanai offers ample opportunity for those who enjoy indoor / outdoor living. Please come and view this home as it is one of the best values offered Upcountry!

Bed: 3 / Baths: 2
Living Area: 1,000 sf
Covered Deck: 970 sf
Land Area: 1.0 Acres

This property is listed with Island Sotheby's International Realty
Patricia "Patty" Chaney, Realtor (B) may represent you as a Buyer's representative.

Gentle Keokea - A Dream Come True

Nestled in the hills of Keokea-Kula is this magnificent home with panoramic views of Maui's Central Valley, the magnificent West Maui Mountains and both the North and South coastlines of Maui. Privately situated on 6 acres of rolling pasture land, this single level home projects a gracious character of relaxed elegance.

945 Middle Road is indeed a very rare find. For more information, view the website of this luxury Kula home for sale.

This property is listed with
Island Sotheby's International Realty
Patricia "Patty" Chaney, Realtor (B) may represent you as a Buyer's representative.

Upcountry Maui Real Estate - Jan. '10 Sales

Sales activity is all about price! The right price point last month was $500K.

Here are January's closings for residential real estate in Upcountry Maui:

Kula home sales realized three closings in January.

There were six closings for Pukalani real estate last month. The high sale at 21 Poha Place in Kula 200. This 2 acre subdivision is within the Pukalani district, though many Realtors confuse to be a part of Kula because the name of the subdivision. Two of the six were located within the Cottages of Kulamalu which is near the new Long's Drugs Store.

Makawao real estate home sales realized two closings for January and both under $450K.

North Shore Maui Real Estate - January '10 Sales

It's been a rather sleepy month for North Shore Maui real estate activity. Never mind though, January sales typically lag in activity after the winter holidays.

Nevertheless, there was some sales activity to speak of for the Spreckelsville and Paia real estate market as January posted three closings.

Haiku is a much larger more rural and agricultural zoned area. However, January posted only one closing and a probate sale at that. Not an impressive comparable at all!

KULA 'I'O - Come and visit the new website

The new website for Upcountry Maui's premiere gated community is complete. Kula I'o' offers all the best of Kula living. Great weather, great location and fabulous 360 degree views.

This property is listed by:
Patricia P. Chaney, Realtor(B)
Island Sotheby's International Realty
and
P&R Cole Corp. Inc.
If you would like more information about Upcountry Maui land for sale, please call me: 808.280.2625

Spreckelsville Real Estate - 80 Makahiki

FABULOUS PLANTATION HOME IN SPRECKELSVILLE

Located within the North Shore of Maui, is this gracious and meticulously built Spreckelsville beach/plantation home. Step out from this private, fully fenced 2 acre property where a 5 minute walk will allow you to enjoy surfing at Sugar Cove, a morning stroll on Baby Beach or a game of golf at the Country Club. You will appreciate the elegant simplicity and quality construction of this single level Hawaiiana home. Gorgeous wood floors grace the main living area which is wrapped by a large covered lanai overlooking the expansive yard. Beautiful interior appointments include custom cherry cabinets, granite and quality appliances. Central air conditioning, solar hot water heater and insulation throughout. The detached, oversize garage offers enormous storage area, exercise room and bath. The level yard is complemented by mature palms, tropical fruit and flowering trees with lots of room for children and pets.

A short drive will lead you to the heart of Kahului or quaint Paia Town. Location, privacy, quality and charm make this home an ideal choice. MLS: 341630 If you are interested in this special home or perhaps other some other North Shore Maui home, give me a call.

List Price: $1,995,000

This property is listed by Island Sotheby's International Realty
Patricia P Chaney R(B) may represent you as Buyer's Representative.
For more details, call me direct: 808.280.2625

Kula Land Sales - Kula Io

Great news! Parcel 15 in Kula Io is now under contract.
This 4.4 acre parcel is located at an elevation of approximately 2,000 feet and has unparalleled 360 degree views that take in an exceptional range of views of Mt. Haleakala and Upcountry Kula community, the Kihei, Wailea coastlines, stretching across the Central Valley, the West Maui Mountains are unobstructed. The views continue to the North Shore Maui coastlines including Paia and a good portion of Haiku. The wise buyers saw the value in this land and future gated community and had their pick of the litter. I am preparing a website this gorgeous Kula land and should have it up and running by next week.

Kula Io - Essence of Kula

Kula 'I'o translated means the Essence of Kula. The name fits perfectly. The proper Hawaiian/English spelling is Kula 'I'o and speaks perfectly for all that is best about the District of Kula in Upcountry Maui. Kula 'I'o is located on the makai side of the Kula Highway, just past Na'ele Road and approximately 5 miles from the hub of Pukalani, the area is noted for its soft trade winds, moderate year round temperatures which typically run 5 to 10 degrees cooler than the lowlands.
The elevation allows 360 degree views of Haleakala, the South Shore coastline, beyond is the blue Pacific, the Islands of Kaho'olawe, Molokini, across the Central Valley and West Maui Mountains towards the North Shore coastline of Kahului, Kahakuloa and portions of Haiku. With an average rainfall of 22 to 25, Kula 'I'o may your answer and escape from the heat. Here there is no need for either air-conditioning or heat in the house. Just close or open the windows to set your level of comfort.

This 236 acre parcel has received preliminary subdivision approval for 35 parcels of land ranging from 2.5 acres to 25 acres. To date, four lots are under contract. completion of site improvements are approximately 12 to 18 months away. I've driven and walked this property and all the lots are terrific. If Kula living and acreage is something you've longed for, this is your opportunity to pick the best of the selection available. MLS Details.

This property is listed by:
Patricia P. Chaney, Realtor(B)
Island Sotheby's International Realty
and
P&R Cole Corp. Inc.
If you would like more information about Kula land for sale, please call me: 808.280.2625

South Maui Real Estate Sales - December '09

Wailea - 4 sales The sales of Wailea homes were spread evenly among the neighborhoods of Wailea Kai, Wailea Kialoa, and Wailea Golf Estates and Wailea Golf Vistas.

Kihei - 11 sales and what a range from a South Kihei ocean front home near Cove Park to several homes in North and South Kihei under $300,000.

Maui Meadows - O sales for the month of December.

Maui Ocean Front Real Estate Sale - December '09

Maui ocean front real estate sales for the month of December are as follows:

Residential - There were 2 sales. This month's closings occurred on opposite areas of the Island. The first in South Maui near Cove Park on Iliili Road and the second sale within Kuau, along the North Shore of Maui. Both properties offer a rich lifestyle beyond the views of the ocean's heartbeat and vistas. Within footsteps away are the offerings of surfing, windsurfing. stand-up paddle boarding, diving and a host of restaurants and social activities nearby.

35 Condo Sales: In December there were 35 Maui ocean front condomium sales. 9 units closed in the newly constructed Honua Kai located on the north end of Ka'anapali Resort. The high sale this month was one of the Residences at Kapalua Bay closing in at $5,000,000. The low sale was a leasehold condominium at Kealia located North Kihei. This unit closed at $128,000!

Land - This month there were no Maui ocean front land sales.

Maui Real Estate - Sales Activity by Price

I am continuing my breakdown of residential sales activity by price point for 2009.
Here is a breakdown of all the residential sales by price that occurred in Maui County for entire year of 2009. Homes prices:
Over $3,000,000: 10 sales
$2,000,000 to $2,999,000: 22 sales
$1,000,000 to $1,999,999: 62 sales
$750,000 to $999,999: 65 sales
$500,000 to $749,999: 188 sales
$0 to $499,999: 349 sales! Within this range, 18 homes closed under $250,000.

It's clear from these figures what sector of the market is in the driver's seat.
These statistics include properties that are leasehold and residential condominiums.

Maui Real Estate - Sales $2 to $3 million

More data regarding the Maui luxury real estate market:
Currently there are 82 Maui homes for sale that priced between $2,000,000 and $3,000,000. As of today, there are 3 homes pending/under contract.
In 2009, throughout Maui County there were 22 homes that sold within this price point. Three of these properties were Maui ocean front homes.

Breaking sales down by area:
West Side - Lahaina, Ka'anapali to Kapalua: 12 sales
South Side - Kihei, Wailea and Makena: 4 sales
Upcountry - Makawao, Pukalani and Kula: 2 sales
North shore - Haiku, Spreckelsville and Paia: 3 sales
Central Maui - Kahului, Wailuku to Kahakuloa: 1 sale

Interesting statistic: For how small an area Paia and Spreckelsville is, there were three sales that occurred in '09. Has the North Shore of Maui become more desirable? Or, perhaps the price point in this coastal area not typically labeled as "resort" fueled a greater draw? I think we could talk converse about this topic for a while. But I'll save that for another day.

New Color for Paia Town

Yesterday morning on my drive through Paia Town, the traffic halted me at the stop light. There is always lots of eye candy to absorb while sitting in a red light on the corner of Baldwin Avenue and Hana Highway. This morning it was the new color of a vibrant ocean blue for corner building famed by the Paia Fish Market.

The personality of Paia Town is alive with vibrant, youthful energy. I think the new color is a good match for the town's character.

If you would like information on the Paia real estate market, feel free to contact me, or call me direct: 808.280.2625.

North Shore Maui Real Estate - December '09 Sales

The North shore Maui real estate market remained steady with the relatively the same amount of sales as November '09.

Haiku real estate sales for December had 5 home sales; 3 were bank owned properties. All the bank owned properties closed under $500,000.

Spreckelsville and Paia real estate had 2 properties that closed in December. Interesting that both of the closings this month were residential condos. The ocean front Kuau home was three separate condominiums, but purchased as a complete package rather than individually.

Maui Real Estate - 2009 Sales over 3 Million

Some interesting statistics for Maui's high end market.
Maui luxury real estate in excess of $3,000,000.

Currently, there are 127 homes on Maui actively listed on the market for $3,000,000 or higher. Of the 127 homes, 59 are priced in excess of $5,000,000. Today, there is only 1 pending sale, undercontract over $3mil. In 2009, 10 homes sold in excess of this price point.

Of the 10 sales, 8 were oceanfront properties. The other two Maui luxury homes were located on the Island of Lanai and the second at Makila Plantation II, Launiupoko, Lahaina.

Of the 10 sales that occurred during '09, 4 of the properties closed over $5,000,000. All of these were Maui ocean front properties.

Upcountry Real Estate - December '09 Sales

December sales for the Upcountry Maui Real Estate market proved to be a banner month, if you compare it to the activity, or lack of it that occurred in November '09.

Kula real estate sales increased significantly with 7 home closings. Three of the seven were for a million or more.
Pukalani homes closed 4 sales, 2 of these were residential condos at the Cottages of Kulamanu.
Makawao real estate pricing has suffered with the number of bank owned properties. Of the 5 homes that closed this month, 3 were bank owned properties.

Click on the links for photos and details of the properties sold. If you have comments or questions, please contact me or call direct: 808.280.2625.

Maui Real Estate Statistics - December '09

Residential Sales posted a 17-month high (90 sales) and Condo Sales rose to 80 units. Land sales dropped to 9 lots.

December's Median SALES prices - Homes rose to $477,000 while Condos remained nearly steady at $401,500. Land slumped to $305,000.

Real estate activity for the month of December was unusually busy. Typically at this time of year residents and visitors are distracted by the holiday buzz of shopping and gatherings. However, this month found most of the Realtor community actively showing properties and reviewing offers. A great sign or indicator that buyer confidence is improving.

Details of Maui Real Estate Statistics for December and Year End sales.

The next several blog entries will feature what has sold in the various districts within the North Shore, Upcountry and Central and South Maui areas.