Formerly known as the Maui Prince Resort, the Makena Beach and Golf Resort sold at an auction yesterday.. Wells Fargo Bank, trustee of the mortgage lending trust group that foreclosed on the Makena Resort last year, prevailed with a $95 million bid to purchase the 1,800-acre property. This foreclosure process started on the Wailuku courthouse…
Wild Dolphin Sand Sculpture Contest at Keawakapu Beach
By Dano Sayles, REALTOR Broker on July 27th, 2010Keawakapu Beach is one of the most beautiful beaches on South Maui. In fact, I would even say it’s one of the best beaches on Maui, Hawaii. It is not very crowded. It has parking across the street (next to Wailea Kai). It has a clean shower on the pathway entrance from South Kihei Road…
Best Vacation Rental on Wailea Makena Maui: Ho'olei
By Dano Sayles, REALTOR Broker on July 23rd, 2010When planning for a vacation on Maui, one of the first things you do is look for is a place to stay. Most people go to the internet and research on lodging possibilities. After narrowing down your choices and you decided that you would want to stay in the Wailea area, I have some recommendations…
Playing Tennis At Makena Surf
By Dano Sayles, REALTOR Broker on July 21st, 2010Tennis match, anyone? I have not played tennis for years, but last week I picked up a tennis racket and decided it is time to play again. I had a blast! I went to the tennis court at the Makena Surf, one of the finest tennis courts here on Maui. I enjoyed playing tennis so…
Stand Up Paddling (SUP) And Oceanfront Properties On Maui
By Dano Sayles, REALTOR Broker on July 20th, 2010Stand Up Paddling, otherwise known as SUP, is becoming a very popular water sports, not only on Maui but globally as well. I recently got into SUP and enjoyed it! My friend Steve Nickens generously lent me his board and paddle and we had a blast! I made a coast run from Sugar Cove to…
Economist's Point of View on Current Maui Real Estate
By Dano Sayles, REALTOR Broker on July 19th, 2010Paul Brewbaker, a leading economist in Hawaii discussed his analysis of the recent Maui real estate market with the Realtors Association of Maui on their gathering last Friday. A front page Maui News article on this view was published with a title “Economist: Real Estate at Low, Hard Times Gone“. According to Mr. Brewbaker, “if…
Ho'olei or Hoolei – What is it really?
By Dano Sayles, REALTOR Broker on July 19th, 2010Ho’olei is a Hawaiian word and the little apostrophe in between the two o’s is what they call “okina”. The okina or the glottal stop is one of the eight consonants of the (modern) Hawai’i language. In Hawaiian, the word “ho’olei” represents the tradition of encircling a loved one with a precious flower lei. The Ho’olei name…
Makena Beach and Golf Resort Sells for $95 Million
By Dano Sayles, REALTOR Broker on July 14th, 2010Formerly known as the Maui Prince Resort, the Makena Beach and Golf Resort sold at an auction yesterday.. Wells Fargo Bank, trustee of the mortgage lending trust group that foreclosed on the Makena Resort last year, prevailed with a $95 million bid to purchase the 1,800-acre property. This foreclosure process started on the Wailuku courthouse…
Newspapers on Maui Focus on Maui Real Estate This Week
By Dano Sayles, REALTOR Broker on July 14th, 2010News of Maui real estate’s activities and status were in the front page of the newspapers on Maui in this past week. Based on the recently released May 2010 statistics report by Realtors Association of Maui (RAM) and some early statistics in June 2010, Maui real estate looks promising. Here are the links to the articles…