Your Kihei Beach House: 55 Kalola Place
Probably the best perk about Kihei is the beach lifestyle and 55 Kalola Place is all about the location. When your home is located just a few blocks from the ocean (like 55 Kalola Place is), it’s hard t0 not walk down to the beach every evening!
The property is designed in way that is reminiscent of a Kama’aina residence with an understated excellence at the heart of property. The compound was built in the late 70’s so it provides a nostalgic feeling of old Hawaii with open beam ceilings and screen doors everywhere to blend indoor/outdoor living throughout the entirety of the structures.
If the beach isn’t your thing, the home even comes with a pool to take a quick dip in if the warm Kihei weather gets too sticky. With the pool as a focal point of the home, the outdoor space is perfect for accommodating family and friends during those summer pool days! There is even a detached cottage for your guests to stay overnight with their own privacy!
Sold for $5k over asking at $700,000
From the moment you step through the front gates, you will immediately notice the pride of ownership, and be transported to a whole new world. The fully gated yard is a delight for both pet owners, and families who enjoy their utmost privacy while spending time together. There are fragrant flowers featured throughout the residence that stimulate the senses. The garden is cleverly separated into two unique spaces.
A spacious poolside area behind the ohana with a cool outdoor shower, and a tropical garden space at the front of the main house with additional flowering plants and fruit trees. The street fence also opens up to allow access to boat parking on site. Island living at it’s finest! Recent owner upgrades include high-energy efficient stainless steel appliances, and gorgeous white counter tops in the kitchen.
Kihei Homes Market Update 2017
Over 85% of the homes sold far this year were under $1 million, where the $500k and $600k price range have been the most popular. The Kihei area is popular among buyers because of all of the lifestyle amenities available in Kihei, while still being in convenient proximity to town. As you can imagine, as you get closer to Wailea and closer distance to the beach, homes become more pricey; while homes on the mauka side with the exception of Maui Meadows being more affordable.
The Kihei market tends to move fast as the average days on market is 121 days with the year low being just 3 weeks. Less than 10 homes were sold for under $500,000, while 14 homes sold above $1 million and a further 3 sold for in excess of $4 million.
- Number of Kihei homes sold: 126
- Average sold price: $926,956
- Highest priced home sold: $5,326,000
- Lowest priced home sold: $399,000
Kihei Homes For Sale
Depending on the address, some homes that could be considered in Kihei are actually more of Wailea quality because of their beachfront location and level of finishes, so I have excluded those from the data below to get a more accurate picture of the market. The Kihei homes for sale average asking price looks a little high because 4 of them are located on Halama Street which fetch higher prices because they are in the most desirable beachfront Kihei neighborhood.
At the moment, there are no Kihei homes listed in the $400k range, while only a handful of homes are for sale in the $500,000’s. Anywhere from $700k-$900k is the sweet spot of the market as 50% of the listings fall in that price range. Only one home for sale has been the market for longer than a year, while 48 homes have been listed for less than 6 months (as of 8/31/17).
- Number of Kihei homes for sale: 58
- Average asking price: $1,135,317
- Highest priced home for sale: $4,595,000
- Lowest priced home for sale: $535,000
Contact a Maui Real Estate and Lifestyle Specialist
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