Maui Luxury on the Rise
What is your fantasy property? Is it a beach resort home with an infinity pool that seemingly connects your lanai to the horizon line of the Pacific Ocean? Maybe it’s a mountain country estate with acres of land for horse rides, long walks and birds eye vistas. While you can find these types of trophy properties all over the world, more Buyers are looking to Maui to find their ideal estate.
Sales in Maui’s most exclusive properties are gaining momentum!
Sales of homes over $4m
- January 2015-December 2015: 11 homes sold.
- January 2016-YTD 2016: 25 homes sold with 9 currently pending.
We were delighted to represent our clients on the purchase 3886 Wailea Ekolu Place (above). The pictures simply do not do the view justice. You really have to see this home in person to appreciate the quality. It’s an estate worthy of passing down from generation to generation, it’s just that special. The home was listed at $5,980,000 and sold for $5,863,000.
This Keawekapu beachfront estate (abov) is currently under contract after being listed for $22.8m. Property consists of 31,123 sf land with 130′ white sandy beach frontage. Residence consists of 9843 sf total living area under roof, 7331 sf interior living area, 1684 sf covered lanais, 828 sf three car garage. Ceiling heights range from 9′ to 23′ with steel framing for no interior columns and 120 micro pile footings embedded into bedrock.
While the pace of sales has about doubled from 2015, the amount of inventory has increased as well. There are currently 72 properties on the market listed for $4m or over, meaning we have about 36 months worth of inventory.
Buyers still have the king’s choice when it comes to finding their ultimate retreat on Maui.
Makena Sunset (above) offers brand new construction steps from Maluaka Beach. The developer’s vision was to make every unit a true masterpiece, each of which boast the absolute best in construction, materials, and finishings. The result, enveloped in the awe-inspiring beauty of Makena, is nothing less than extraordinary.
This brand new home is part of the highly exclusive, four unit, residential condo community known as Makena Sunset. Completed in 2015, this small community of only four incredible homes offers the comforts of single-family residential living with the added convenience of worry-free ‘lock and leave.’ Each home is 4,052 sq/ft, has 4 Bedrooms, 4 Full Baths, and 2 additional Half Baths. The Master Suite and Kitchen are on the Main Level with 3 additional Guest Bedrooms on the Lower Level. Each home has its very own private Pool, Spa, 2 Car Garage, and spacious Lanai areas with BBQ.
Contact a Maui Real Estate and Lifestyle Specialist
Our listing in Wailea Golf Estates
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.