Cut Price Spreckelsville: 477 Laulea Place
477 Laulea Place is a true kama’aiana property and is a one of a kind luxury oceanfront estate located in a highly desirable Spreckelsville community on the North Shore of Maui. Located in early Sprecks, a little after Stable Road, the home fronts a more private part of the North Shore as the property is away from the crowded areas of Baldwin beach and the Cove. In my opinion, Sprecks boast and understated upscale feel and the homes are designed to project a subtle elegance, a more humble contrast to Wailea beachfront estates.
The home initially came to market at $7,900,000 back in late October of last year. The first price reduction occurred just after the New Year and the second a few months later just before summer buyers started to arrive. When our clients decided to put in an offer, the property was listed at $3,900,000. Our clients ended up closing after a 5 week escrow for a final sale price of $3,500,000.
The elegant Plantation style architecture lend to the seamless flow of the home. Originally built in 1933, the home was meticulously restored in 1995 keeping with the original plantation theme but adding modern touches to include central air conditioning. Reminiscent of Old Hawai’i, the original fir hardwood floors run throughout the home giving it an authentic Island feel. The four bedrooms and three full bathrooms are thoughtfully placed for privacy and access to views of the ocean and mountains. A large pool and spa separate the main residence and the guest cottage, offering privacy and ample room for multiple guests. The gated grass lawn area and expansive oceanfront lanai lend to casual outdoor living and entertaining.
North Shore Beachfront Market Update
So far in 2016, there have only been two ocean or beach front units that have sold. North Shore beachfront properties contrast differently from South Maui beachfront property. North Shore properties are a little more windy, rustic, and entail the local lifestyle (fishing, diving, surfing, etc.); whereas South Maui properties are more leisurely and luxurious, although the two home sold this year are certainly Wailea class properties.
477 Laulea (property featured above) and 115 Aleiki (featured below) are more along the lines of North Shore estates in the sense they cater to the waterman lifestyle, carry the kama’aina charm, and are representative the classic North Shore beach house.
23 Waa Place
Newly Furnished and staged to Sell, this Farrington Bayless designed home incorporates traditional kama’aina living on the spectacular North Shore of Maui. This home is primarily single level, with master suites and en-suite bedrooms with ocean views that open to the fresh air and sea breeze, all with warm finishes. The residence includes a total of 4 bedrooms, 4 ½ baths, den/media room, records/storage room, art gallery, a chef’s kitchen with oversized island, laundry/utility room, office nook, 3 car garage, gym, and separate 1 bedroom 1 bath Ohana/house with separate gated entry.
Sold for $6,000,000.
115 Aleiki Place
The light filled, 1,973 s.f., 3 bedroom, 3 bath single level oceanfront home has been the ‘family retreat’ for the past forty years. Windows in every direction afford one that classic seamless indoor/outdoor Maui lifestyle. Fastidiously renovated in 2014; there are vaulted natural wood ceilings set against white enameled beams, travertine, acacia & young teak wood floors, buttery toned bamboo soft-close cabinetry, gorgeous granite counters with full back-splash & a chef’s prep-island, plus stainless steel Kenmore Elite appliances, split system air conditioning in all bedrooms, glassed-in stone tiled showers, Fleetwood sliders, & double pane windows.
Sold for $4,850,000.
Contact a Maui Real Estate and Lifestyle Specialist
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