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Sales increasing in all West Maui categories

April 7, 2011
Lahaina News
“Ask for the Best of the Best” in James M. Harris Inc. (Broker) and Mischelle M. Lawrence, R(S) — both multimillion dollar producers.

Sales, sales and more sales in every type of property! 41 Holomakani, a Kaanapali residential home, SOLD for $1,425,000.

400 Wekiu, a Summit Estates residence in the Kaanapali Golf Estates, SOLD for $1,595,000.

These are just two of the eight residential properties in Kaanapali currently under contract, ranging in price from $748,000 to $3,490,000.

In West Maui, there are currently 42 residential properties under contract.

The resort condominium market is no different — there are currently 48 properties under contract in West Maui.

Land in West Maui is also active in every sector — agricultural land at Kaanapali Coffee Estates, lots at Pineapple Hill in Kapalua, and an approximately half-acre parcel in Kaanapali’s newest neighborhood, Lanikeha, are just some of the six parcels currently under contract in West Maui, ranging in price from $499,000 to $1,390,000.

All of these properties under contract is an absolute indication that the Maui real estate market has certainly turned around, especially when compared to activity at this time last year.

There are still incredible buys available. The reason for the turnaround is prices. Many properties are selling at nearly 50 percent of what they were selling for five to seven years ago. It is a BUYERS’ market, and here are just a few examples.

The Whaler on Kaanapali Beach 957, a one-bedroom/two-bath unit is listed for sale at $850,000. With unbelievable ocean views and a light, bright southern exposure, this completely furnished condominium is already in the popular Aston vacation rental program. Seller is willing to consider some seller financing.

747 Anapuni Loop in Lanikeha is a vacant lot consisting of 16,540-plus square feet at Kaanapali’s newest development. It’s the only gated residential neighborhood that offers amenities that exceed everyone’s expectations. The recreational facility boasts generous amenities, such as a gracious welcoming lobby, an inviting lounge to relax or socialize and an entertainment room with kitchen facilities, all surrounding a grass courtyard. In addition, you will be able to enjoy a fitness pavilion and a large swimming pool that has a waterfall and hydro-spa that overlooks the famous Kaanapali sunsets with vistas into the Kaanapali Resort, the Pacific Ocean and the islands of Lanai and Molokai. This is an exceptional opportunity to build your own custom home and live the Lanikeha life.

West Maui’s newest resort condominium property is Honua Kai, and this, without question in our opinion, is the BEST three-bedroom/three-bath property on Kaanapali Beach.

Jim and Mischelle have been selling properties on Maui for nearly 30 years, so they have seen a lot of properties, as well as been involved with many of Kaanapali’s residential developments.

OCEAN, BEACH FRONT, BRAND NEW, this property is a very large floor plan that includes three bedrooms with three full baths. Desirable southern exposure offers great light throughout this fine apartment. Excellent views and great use of space, including a built in barbecue setup on the expansive wraparound lanai/deck that looks out at the neighbor islands of Molokai and Lanai, year-round sunsets and into the expansive water features of the resort add to this extraordinary condominium. Top-of-the-line appliances, custom granite and quality finishes throughout are just part of what makes this new property feel like a home. Indoor and outdoor living becomes easy with the unique bi-fold glass doors. If you want to be directly on one of the most magnificent beaches on Maui in Kaanapali's newest five-star resort property, Honua Kai #351 in the Konea Tower is THE spot. With so many amenities, including great restaurants, extensive pools with slides, spas, magnificent lobbies, quiet sitting areas, a full gym, plus much more, this property is easy to view anytime, and OWNER FINANCING WILL BE CONSIDERED.

Remember to “Ask for the Best of the Best” — Jim Harris and Mischelle Lawrence are here to help you with whatever Maui real estate needs you have. We do answer our phone and return calls 24/7; give us a call at (808) 280-1640 (cell), 877-Jim-Maui (546-6284) personal toll-free, or e-mail JimMaui@Maui.net. The market is turning quickly. Inventory is being consumed, and prices are starting to steady. Let us help you get in at the bottom of the market! Please call us today.

Article Photos

Call James M. Harris Inc. (Broker) and Mischelle M. Lawrence, R(S), for help with your Maui real estate needs.

 
 
 

 

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