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Expect Sales to Escalate

Although there has been a cooling off period in the 2014 Maui real estate market, we can anticipate a final surge in transactions made as we approach the New Year. I know I have already been urging buyers to get out there and make moves, but if there was a time, it would would be now! With the current trend we are seeing, the market looks like it will be leveling out and will provide some fantastic opportunities to the buyers who have been patient.

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50 Uweloa Place, listed at $8,250,000, sold for $6,850,000

The surge is expected to move away from a seller’s market and back down towards equilibrium where the market favors neither party. Home prices are beginning to flatten out and buyers are more eager to buy now.  We expect to see these trends continue to balance out over the upcoming three months.

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38 Uweloa Place, listed for $7,400,000, sold for $5,900,000

Also, we would like to inform you of the parcel of land that is located just below the Wailea Gateway Center. It will be the home of Wailea’s newest condominium complex, Keala O Wailea. A&B properties (a subsidiary of Alexander and Baldwin) along with the Armstrong Builders of Honolulu will go ahead with their brand new plans of an affordable (in terms of Wailea standards) luxury condo complex.

The Shops at Wailea are planning to expand their already impressive resume of retailers, and (excitingly!) are ready to move forward with the area’s first supermarket. Island Country Market will be the only tenant occupying this space (approximately 16,000 square feet), and they will offer, among other things, gourmet foods, wines, and cheeses. There will also be a sushi bar/bistro, with covered outdoor dining.

Market Numbers

  Active Pending Sold Change
Homes 550 (250) 203 (34) 957 (178) -12
Condos 767 (181) 169 (19) 1243 (185) 9
Land 389 (133) 21 (2) 201 (25)  -1
Total 1706 (564) 393 (55) 2401 (388) +10
1. The numbers in parentheses reflect the number of listings over $1M
2. Sold listings are for the previous 12 months.
3. Change is the increase or decrease in number of active listings from the previous week.

Homes Over $1 Million

Charming West Kuiaha Meadows: 34 Mauu Place

Experience the magic of this equestrian paradise in the heart of lush Haiku for $2,050,000. These 4 incredible acres are located in West Kuiaha Meadows, a gorgeous area that combines the pastoral charm of upcountry with the sea breezes of the North Shore. The property makes the most of its location with tropical landscaping, mature fruit trees and a stone fire pit for evenings under the stars.

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Along with the 4 bed, 3 bath main house, the property includes a 3 bed 2 bath cottage, so that all your guests will have room to spread out. The main house has hard-wearing yet elegant stained concrete floors throughout, 10’ ceilings, 8’ doors, custom lighting, surround sound both inside and out, and a home theater system. All counters are granite, with modern, stainless appliances. The luxurious master suite boasts a lovely marble bathroom and Jacuzzi tub with ocean views. Your horses will be as happy as you in their up-to-date 2-story barn, with sliding gates and roomy stalls.

True Kula Beauty: 27 Ululani Street

MAGNIFICENT & ARCHITECTURALLY DRAMATIC KULA ESTATE perched high above sweeping acreage and boasting breathtaking and expansive bi-coastal ocean views for $1,695,000. Pulling up the wide and winding pristine tree lined drive, find yourself surrounded by lush, extensive landscaping and beautiful gardens. Sublime quality construction elements are evident once you enter to a masterfully laid out Great Room with vaulted 23 ceilings, surrounded by large Pella windows and doors that fill this inviting home with abundant natural light. Enjoy single level living as you enter through the large custom built mahogany entrance doors. Extensive use of native Blue Rock, stucco, travertine imported from Rome, Italy, and Monier tile create elegance while every room flows seamlessly to the next.

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Three en-suite bedrooms, open kitchen and dining room make this impeccably chic home perfect for entertaining. The 3rd bedroom is located above the garage and offers a spacious kitchenette that is perfect for guests, caretaker or a professional home office suite with interior or exterior access. Other luxuries include the two zone central heat and central vac system, high-grade appliances, natural S-shape clay roof, copper gutters & downspouts. Enjoy walking trails through lovely scenic gardens and large wrap around deck to enjoy stunning views of the island, sunsets and ocean beyond. Inside and out, this home is a must see.

Sprawling Wailea Kialoa: 195 Heleuma Place

This elegant and sophisticated 4-bedroom and 4-bath home is situated on one of Wailea’s very best view lots in the Wailea Kialoa Subdivision on the prestigious Heleuma Place, listed for $3,695,000. The home was once featured in “Under a Maui Roof,” celebrating it’s superior quality of construction and panoramic ocean and West Maui and Lana’i views. They are awesome, and one need never miss a sunset, nor a breaching whale for that matter. And if you’re up early enough, you can watch the sun rise over Haleakala while sipping your first cup of Maui Java from your front porch.

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The space is perfect for just the two of you or the whole family. The indoor/outdoor plan affords soft breezes to waft through the home to freshen and cool the interior both night and day. Upon entering the front of the home one is greeted by the sound of flowing water from the water feature which flows and meanders over rock formations and through plants. All the lanais have large over hangs and outdoor roofs to help keep the sun at bay, and yet by the pool and spa features you will be bathed in the Maui Sun. The unobstructed views are from both the upper and lower levels of the home.Nothing can ever be built to obstruct these perfect Maui views.

Homes Under $1 Million

Custom Kahului Home: 296 Puumakani Place

Well built custom home in highly desirable 2-story home, listed for $575,000. Located on a large corner lot with only 1 neighbor offers unique features like an impressive double-staircases with wrought iron banister, a catwalk overlooking the grand entrance hall, an expensive marquetry wood floor throughout, 20 feet vaulted ceiling and much more. Monier tiles, exterior stucco and plenty shaded covered lanais with a European flair make this home very elegant while the low maintenance yard is a perfect place for the kids to play. House is easy to show on short notice. The owner holds an active real estate license in the State of Hawaii. Motivated Seller. MAKE OFFER !!

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Single Level: 621 Kuu Home 

Great value for this 3 bedroom / 2 bath single level home in Ka Ono Ulu Estates for $495,000. Floor plan consists of an open living room with a separate kitchen and dining room area. Upgrades include laminate and tile flooring, tiled counter tops, customer tiled bathrooms, solar hot water heater, and 5 air conditioning units. There are 3 closets in the master bathroom. Located in a cul-de-sac.

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West Side Family Home: 912 N Niheu Place

A great opportunity to have a large and well built home that has more than enough room for a growing family, listed at $874,000. The main home features a large open kitchen and dining area with stainless steel appliances, granite countertops, and warm wood cabinets. The living room expands into the outside lanai filled with bamboo , red palms for more outdoor living potential. One bedroom / bath is located downstairs . Upstairs is a large master bedroom and bath with a large lanai and ocean views.

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Large bedrooms and an office complete the upstairs living. The Ohana is an additional home of 3 bedrooms / 1bath that has its own separate entrance. Close to all the schools and conveniently located above Lahaina town. Please do not disturb the occupants.

Vacation Condos Over $1 Million

Listed by the Sayles Team: Unit 112-5

Special properties like Ho’olei Villa 112-5 (F5) rarely become available, and if so it is for a hefty price. Unit 112-5 is tied for the most expensive unit for sale at $3,495,000 This luxrious residence is really one of a kind, you must truly see this villa in person to appreciate the quality. Interior upgrades include imported African Mahogany wood floors throughout, custom African Mahogany cabinets in the kitchen, as well as bamboo ceiling treatment in the great room area. Designed by a prestigious California interior design group, this villa is both comfortable and tasteful. High tech security system with state of the art cameras, and custom surround sound speakers featured throughout the home.

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Imported marble and granite was added in all of the bathrooms, as well as additional cabinet storage for your comfort and convenience. Thick dual-paned Fleetwood glass doors magically retract into the walls to reveal access to the upstairs covered lanai. This indoor/outdoor living arrangement is simply perfect for entertaining your friends and family. You have never seen a villa like this before at Hoolei. Finely appointed and being offered fully furnished by the sellers. Great rental history available upon request. One of the sellers is an active REALTOR in the state of Hawaii.

Beautiful Remodel: Wailea Elua Unit 2204

Nestled within the quiet & pristine oceanfront complex of Wailea Elua, encompassed by the World Class Destination Resort of Wailea is this ‘Crown Jewel’ that boasts a ‘Total Makeover’ whereby the owners invested over 1/2 million dollars. Panoramic Ocean & Outer Island Views abound from this Prime & Pristine location within this revered, guard-gated oceanfront complex. This upper-level unit was Selected First in the Lottery when this phase of the complex was built due to its private garden setting & exceptional view corridors. It is available for $2,995,000.

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The finest finishes with complete attention to quality craftsmanship were used throughout this remodel including book-matched Sycamore cabinetry, Travertine floors set on the bias, specimen granite counter-tops, cast-glass irridized back-splash tiles, the finest appliances, coffered & vaulted ceilings with recessed halogen lighting, fabulous custom built-ins, central air-conditioning & all new electrical & plumbing throughout, not to mention the fine quality tasteful furnishings. This property must be seen to be fully appreciated. It is truly ‘one of a kind’ & arguably the finest remodel in Wailea Elua.

Lowest Priced Wailea Beach Villa: Unit PH106

The Wailea Beach Villas are a premiere gated oceanfront complex, the ultimate in first class ambiance. Peaceful, Serene, Private, Exclusive. Exquisitely appointed throughout, this stunning, spacious Penthouse unit features Travertine flooring, Granite counter tops, dual Sub-Zero refrigerators, Chiller drawers, Gaggano cook top & Viking grill For discriminating Chefs. Offered turn-key. Large Master suite, guest suite and den. You can pick this unit up for $2,325,000.

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Steps from the Top rated beaches on the globe! Wailea Beach Villas rests enviably on Wailea Beach, and is only steps away to the coveted “Shops at Wailea” for the finest in shopping , fine dining and the glimmering powdery white sand of world famous Wailea Beach. Walk along the beach path to enjoy world class dining, hotels, spas and ocean activities. Golfers Haven. Oceanfront Luxury.

Vacation Condos Under $1 Million

Highest Priced Kamaole Sands: Unit 4-401

Rare offering…3 bedroom, 3 bath , two story, fully furnished condominium for $785,000. Conveniently located just across the street from some of the best beaches in Maui. Resort features beautiful landscaping with water features throughout, a large pool, two hot tubs, a baby pool, and a workout facility. This is a great opportunity, as 3 bedroom/3 bath vacation rental units are rare in South Kihei.

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Listed by the Sayles Team: Lowest Priced Ocean View

Fresh in price reduction, unit G101 is priced to move! We recently just reduced the price $35k and the condo is now available for $560,000. A great location on the property in the very front row of the complex. Literally 2 minutes walking distance from the Kihei Boat Ramp and the Maui Kamaole III beach park. One of the best vacation areas in south Maui. Perfect for entertaining your friends and family. Killer ocean views and very well maintained ground floor unit. Finely appointed and being offered fully furnished. If you are looking for the best deal in the Maui Kamaole complex, this unit is must see!

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Guests and homeowners have the ability walk to the world-renowned Keawakapu Beach as well as several great local restaurants. The world class amenities of the Wailea Resort are also just a stones throw away. Maui Kamaole offers a world of possibilities! You can Own, Vacation, or Rent! There is a reserved parking space with a very close proximity to the condo. G101 is being offered completely turn-key & and is ready to immediately rent or occupy. Dont miss out on this great opportunity to own your perfect piece of paradise!

Great Price: Pacific Shores Unit B214

Nicely upgraded two bedroom/two bath, completely furnished unit for $395,000. Located on the 2nd floor in the quiet area of the complex with beautiful views of Haleakala. Pacific Shores offers a large pool, spa and bbq area and is conveniently located across from Kamaole One and Charlie Young beach, close to shopping and restaurants.

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Residential Condos

For Sale by the Sayles Team: 78 Kainehe Place

Experience the very best Kai Malu Wailea has to offer and could be all yours for $1,699,000. Perfectly framed ocean views out towards the West Maui Mountains that will inspire you. Located directly across from the 12th green of the Wailea Blue Course, this private Maui getaway is truly a residence of distinction. The interior of the unit has been professionally decorated and offers an elegant and contemporary Eastern-Hawaiian feel. Finely appointed, and being offered fully furnished by the sellers. The kitchen is a chefs dream! GE Monogram stainless steel appliances, gorgeous alder chestnut cabinets, and Verde Fontain granite counter tops featured for your modern cooking convenience.

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The downstairs covered lanai flows out nicely to a private greenbelt area. This indoor/outdoor living arrangement makes 78 Kainehe perfect for entertaining your friends and family. Stunning Mediterranean Travertine floors featured in the entry, the kitchen, and in all of the bathrooms. The upper level master bedroom also has its own private lanai, and offers incredible evening views of the twinkling lights of Maalaea Harbor. You must truly preview this home in person to appreciate the quality. Don’t miss out on this unique opportunity to own your perfect piece of paradise.

Listed by the Sayles Team: 2335 Hihimanu Street

Lot 117 is located right across from the community pool house and can offer a comparable view to the clubhouse. The home offers an amazing view from the back lanai

The home features three bedrooms, den, and three baths with the master suite and a second lanai located on the upper floor and is listed for $1,159,000. The main floor entails a large great room and dining area which opens up to the grand lanai on the first floor. The kitchen offers views of the front an rear with a huge center island for entertaining and formal dining.

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Listed by the Sayles Team: Unit 145

We are proud to bring to you our newest listing at the Hokulani Golf Villas for $957,000. This is one of our last single level homes available in phase II. Construction of the home is set to be completed in March of 2015.

The 200 model is one of our more popular floor plans that our clients seem to prefer. We currently utilize this model as our sales office and it’s been nothing but perfect. At times we have held team meetings in the living room and it was quite spacious as 8 of us were able to fit comfortably. I personally enjoy this model for the openness and free flowing nature of the home, you seamlessly transition through each room. The floor to ceiling glass doors bring the outdoors inside creating an airy and bright atmosphere.

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Model 200 is a single level home with two bedrooms, den and two bathrooms. The dramatic and dining area feature 12 foot ceilings with a window wall opening to spacious covered lanai. The elegant kitchen with a working center island is great for entertaining and dining. The beautiful main level master suite has a spa bath and walk-in closet.

Contact a Maui Real Estate and Lifestyle Specialist

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Ho’olei villas, we are also currently the in house “Sayles” team at Ho’olei Grand Wailea

Please interview me to be your trusted Maui Real Estate and Lifestyle Advisor. I was born and raised on the island, and spend a considerable amount of time to inform my clients about the best deals currently on the market. Please do not hesitate to call me for your Maui real estate needs. I am more than happy to assist you in your home search.

Aloha,

Anthony Sayles R(S)
808-280-6532
Anthony@DanoSayles.com

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