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A Reason To Give Thanks

Next week is a time to give thanks. While many of us will gathering around the dinner table on Thursday to utter words of appreciation, there are some on Maui who will be expressing their gratitude on Monday. That’s right basketball fans, it is time to give thanks for the EA Sports Maui Invitational. It is a fantastic opportunity to take in the pageantry of big time college basketball in the friendly confines of the Lahaina Civic Center. This early season tournament brings some of College Basketball’s best teams together for a three day feast of hoops in a venue that is not much bigger than a typical high school gym.

This year’s tournament features top 25 programs Arizona and San Diego State. Both teams played in the NCAA tournament last year and are predicted to have strong squads this season. Arizona is currently ranked number 2 in the polls with SDSU ranked 16th. Pittsburgh and BYU are two more teams in this year’s tournament who made it to last year’s NCAA field of 64. The EA Sports field is rounded out by tournament host Chaminade and traditional basketball powers Purdue, Kansas State and Missouri. You would have to think that Arizona and San Diego State are the two most likely finalists. Those teams squared off in last year’s sweet sixteen with Arizona coming out on top. That said, you never know what can happen with college basketball. In 2010, Connecticut went from being the surprise champions of a stacked Maui Invitational to being the 2011 NCAA Champions.

The tournament tips off at 9:30 AM on Monday. If you can’t make it live, you can tune into the action on ESPN and ESPN2. If you are a college basketball fan and you have yet to make a Maui Invitational, put in your bucket list. It is truly basketball paradise in paradise.

By » 11/22/2014 » in

Dine Out for Hospice November 11, 2014

Tomorrow is a great day to eat out on Maui and support an important Maui Local not for profit. Dine Out for Hospice is an annual fundraiser where participating restaurants donate a portion of the proceeds from their sales for selected meals to Hospice Maui. Hospice Maui provides quality, compassionate hospice care to maximize the comfort and dignity of those in their last months and weeks of life, wherever they call home.

Dine Out for Hospice Maui November 11

The following is a list of participating restaurants and the meals they will be serving where a portion of the proceeds benefit Hospice.

South Maui Restuarants

  • Five Palms Restaurant located at Mana Kai Resort, 2960 S. Kihei Rd will be dontating a portion of proceeds from dinner.
  • Capische Restaurant located at the Hotel Wailea, on 555 Kaukahi St. will be benefiting Hospice for Dinner
  • Fabiani’s Wailea located at The Wailea Gateway Plaza will be donating a portion of proceeds from Dinner
  • Mala Wailea is located at the Marriott Wailea Resort on 3700 Wailea Alanui Drive. They will be donating proceeds from Dinner.
  • Mulligans on the Blue is located at the 100 KauKahi Street on the Wailea Blue Golf Course will give a portion of proceeds from Dinner.
  • Pita Paradise Wailea located at the Wailea Gateway Plaza will be donating part of the proceeds from Dinner.
  • Monkeypod Kitchen by Merriman’s is located at the Wailea Gateway Plaza. They will be donating a portion of sales from Lunch, Dinner & Liquor.
  • Monsoon India at the Menehune Shores Condo complex at 760 South Kihei Rd. will be donating some of the proceeds from Lunch & Dinner.
  • Coconuts Fish Café in the Azeka Mall at 1279 South Kihei Rd. is going to be donating a portion of sales from Lunch & Dinner.
  • Longhi’s Wailea located at the Shops at Wailea will be donating a portion of sales throughout the day.
  • MiGRANT is Sheldon Simeon’s newest restaurant located at the Marriott Wailea Resort. They are donating a portion of the Dinner proceeds.
  • ‘ami ‘ami Bar & Grill at the Maui Coast Hotel on 2259 South Kihei Rd will be donating some of the proceeds from Dinner.

Upcountry

  • Casanova Italian Restaurant is located at 1188 Makawao Ave. They will be donating a portion of proceeds from Dinner.
  • The Kula Lodge & Restaurant is located at 15200 Haleakala Hwy. They will be giving a portion of the proceeds from Dinner.
  • The Market Fresh Bistro is located at 3620 Baldwin Ave in Makawao. They will be giving a portion of receipts from Breakfast & Lunch.
  • Polli’s Mexican Restaurant is located at 1202 Makawao Ave in Makawao. They will be making a contribution based on sales from Lunch & Dinner.
  • The Makawao Steak House is situated at 3612 Baldwin Ave in Makawao. They will be donating a portion of their Dinner sales.

North Shore

  • Hana Hou Cafe is located at the Haiku Marketplace on 810 Haiku Rd. They will be donating a portion of sales from Lunch & Dinner.
  • Flatbread Company is located at 89 Hana Hwy in Paia. They will be donating part of the sales from Lunch & Dinner.
  • DaZoo Restaurant is located at 71 Baldwin Ave (The same building as the Maui Real Estate Team) in Paia. They will be donating some of the sales from Dinner.
  • Colleen’s at the Haiku Marketplace on 810 Haiku Rd is donating a portion of the proceeds from Dinner.

West Maui

  • Honu Seafood & Pizza is located at 1295 Front Street in Lahaina. They will be donating a portion of sales from Dinner.
  • Mala Tavern is located right next to Honu at 1307 Front Street. They will be giving a portion of the sales from Dinner.
  • Maui Brewing Company is located is located in the Kahana Gateway Center at 4405 Honoapiilani Hwy. They will be donation a portion of the sales from meals throughout the day.
  • Merriman’s Kapalua is located at One Bay Club Place, Kapalua. A portion of the sales from Dinner and Drinks will be donated.
  • Aloha Mixed Plate is located at 1285 Front Street in Lahaina. They will be donating a portion of their Breakfast sales.
  • Leoda’s Kitchen & Pie Shop is located at 820 Olowalu Village Rd. off the Honoapiilani Hwy. They will be donating a portion of the proceeds from meals sold at Breakfast.
  • Cane & Canoe is Kapalua’s newest restaurant located at the Montage Kapalua Bay. They will be donating a portion of sales from Dinner.
  • Roy’s Kaanapali is located at 2290 Ka’anapali Pkwy in Lahaina. They will be giving a portion of Lunch sales.
  • Sangrita Grill & Cantina is located at The Fairway Shops at 2580 Keka‘a Dr.in Kaanapali. They will be donating a portion of Lunch sales.
  • Teddy’s Bigger Burgers is located in the Lahaina Gateway Center 335 Keawe St. A portion of the proceeds from Dinner sales will be donated.

Central Maui

  • Bistro Casanova is located at 33 Lono Ave in Kahului. A portion of Lunch sales will be donated
  • Da Kitchen Café is located at 425 Koloa St., in Kahului. They will be giving a portion of the proceeds from Dinner
  • McDonald’s Dairy Road is located at 340 Dairy Road in Kahului. They will be donating a portion of sales from Lunch & Dinner.
  • McDonald’s Kahului is located at 155 Puunene Ave., Kahului. They will be giving a portion of proceeds from Lunch & Dinner.
  • Ruby’s Diner in the Queen Kaahumanu Mall in Kahului will be donating a portion of sales from meals throughout the day.

If you are planning eating out on Maui on Veteran’s day or even if you didn’t have it in your plans, please consider patronizing one of the participating restaurants during their selected meals. You can have a great meal and support a Maui not for profit that serves an integral role in the island community.

By » 11/10/2014 » in

Sneak Peek at the October 2014 Maui Real Estate Statistics

It’s time for our monthly look at the pulse of the Maui Real Estate market. Our sneak peek at the Maui Stats gives a look at median prices, sales volume, pending sales and a few other notable numbers from the October Maui Real Estate Sales activity. We also give our thoughts on some of the more eye catching numbers and what it all means for prospective buyers and sellers. Without further ado, here are the October numbers.

October Maui Real Estate Sales Volumes and Medians

October 2013 and 2014 Maui Real Estate Sales Volumes Comparison

This table compares the real estate sales volumes during October 2013 and October 2014 in Maui County, Hawaii.

October 2013 and October 2014 Maui Real Estate Sales Volume Chart

This chart compares The Maui Real Estate Sales Volume during October of 2013 and October of 2014

By my count there were 83 homes sold in October at a median price of $566,000. Last October, there were 82 homes sold at a median price of $540,000. That calculates to a 1% increase in sales activity and a 5% increase in median prices.

Maui Realtors have reported 94 condo sales for October with a median price of $407,000. By comparison, there were 104 condos sold in October of 2013 with a median price of $360,000. That means that October 2014 was 10% lower in sales volume and 13% higher on price.

By my count, there were 14 land sales reported in Maui during October with a median price of $467,500. Last October, there were 23 sales with a median price of $370,000. That is a 39% drop in sales activity and a 26% increase in median price when comparing October 2014 to October 2013.

Notable Numbers from The October Maui Real Estate Sales

While compiling this month’s medians and sales volumes, I came across some other numbers that I thought were worth sharing. Here are some of the high sales and other notable closes from the October real estate transactions.

  • The highest priced home to sell in October was located in Kihei. The 4,800 square foot oceanfront home on Halama Street closed for $5,750,000.
  • That was one of four home sales over $2,000,000 in October. The other high dollar closes were in Wailea, Makena and Paia.
  • The highest priced condo sale in October was at the Andaz Residences in Wailea. The three bedroom condo closed for $5,495,000. That is the third condo to close at Andaz and the first sale in eleven months. There are nine units still for sale in Wailea’s newest luxury beachfront condo development.
  • There were 9 total condo sales over $1,500,000 last month including the Andaz transaction. Honua Kai had the most activity with five closes. There were also sales at Wailea Ekahi, Wailea Elua and Hoolei.
  • The highest priced piece of land was a lot on the beach in Ka’anapali. The 1.16 acre parcel sold for $5,600,000.
  • There were 11 bank owned transactions that closed in October. That is up from the seven that closed in October of 2013.
  • Short sale transactions continue to be slow with 4 successful transactions closing last month. There were 24 short sales in October of 2013. This 83% drop in short sale transactions stems from improved equity positions for sellers.

The October Maui Real Estate Market saw the continuation of recent trends. Home sales are roughly keeping pace with last year, while condo and land sales are down. As discussed in the September stats, it appears as if a decrease in inventory for entry level condos is driving the decrease in condo activity. I did not delve into the land market in quite the same level of detail, but anecdotal evidence would also suggest that a shrinking inventory of lower priced lots may be contributing to the lower sales volume. Looking at the October 2013 sales, the totals from that month were buoyed by a large number of new development sales in Haiku. The lots in that subdivision were priced lower than other sales of comparable properties.

The one other number from this month’s stats that I found noteworthy was the high number of luxury condo sales. There had been a decrease in the sale of condos priced over $1,500,000 over the last couple of months including zero sales in that price range during September. I had a close eye on the October sales to see if this might be a trend or just variability in the market. It appears to be the latter. The nine total sales was buoyed by the continued strong interest in Honua Kai. There have now been 22 sales at Honua Kai over $1,500,000 since the start of the year.

October Pending Sales

For the most part, October sales stem from contracts that were agreed upon one to two months prior to closing. To get a better sense of more current buyer demand, we also documented the pending sales from last month.

This chart compares the number of Maui properties that went under contract in October of 2014 and October of 2013

This chart compares the number of Maui properties that went under contract in October of 2014 and October of 2013

It is interesting to see that home pendings are up significantly compared to last year. Condo sales continue to under perform compared to last year. Land pending appear to be down significantly, but a little digging helps explain the discrepancy. The October 2013 numbers were inflated by 14 contracts at the Peahi Hui development in Haiku. Buyers actually signed reservation agreements for that community dating back to June of 2013. Formal contracts weren’t penned until October when final subdivision approval was granted.

What Does This Mean for Buyers and Sellers who Are Interested in The Maui Real Estate Market?

Now that it is November, we only have about one month left until the start of our peak real estate season. As peak season approaches, what do the current conditions tell us about what buyers and sellers might expect? For buyers, it will depend in part on where you are searching in the market. There is quite a bit of variability in market conditions depending on price and location. In general, lower priced home and condo buyers are going to find limited inventory and a competitive market. Really well priced homes and condos in most market segments have the potential to attract multiple offers. There is typically more inventory to choose from and less competition at the high end of the market, but you may also find some more resolute sellers with the means to wait for pricing that fits their needs. Sellers will need to take into account market conditions in their particular neighborhood and price point when considering a go to market strategy. Overpriced properties are sitting in this market. If a seller needs to or wants to sell quickly, they need to price as close as they can to recent comparable sales. Contact The Maui Real Estate Team if you are considering buying or selling property on Maui, we would welcome the opportunity to sit down with you for a free consultation to discuss your real estate needs.


Two Signs of Fall on Maui

It is a sticky rainy day on Maui. Hurricane Ana is passing to the south of the islands. The storm is close enough to bring us grey skies and steady rain, but far enough that there is no accompanying wind. That said, there are few on the island complaining about the weather. The forecast earlier in the week had Ana coming a lot closer and likely bringing some damaging winds. Today’s weather is also a far cry from some of the beautiful fall weather that we have been experiencing. Last week, I saw a couple of signs of fall on Maui that I thought were worth sharing. While we don’t get fall colors and there isn’t a drastic difference in temperature, the signs of fall are clear for those that look.

A Pumpkin Patch in Kula Maui

This first picture captures an image of fall that you might expect to see on the mainland. Then again, I think it is safe to say that this Upcountry Pumpkin Patch has better views than the average mainland pumpkin patch.

a windsurfer at Hookipa Beach Park during the first high surf advisory swell of the season

A kite surfer during the first high surf advisory of the fall season at Hookipa Beach Park

The two images above are a distinctly Hawaiian sign of fall. I took these photos at Ho’okipa Beach Park last week during the first High Surf Advisory of the season. Usually during late September or Early October, we see our first big swells of the year on the North Shore of Maui. The national weather service issues a high surf advisory when wave heights of 15 feet or greater are likely. The combination of big swells and steady trade winds brought out windsurfers and kitesurfers to sample nature’s offerings.

Ana is supposed to linger near the Hawaiian islands for a couple of days keeping the chance of rain in the forecast and maintaining humid conditions. By early next week, Ana should clear out and we will have a return to our beautiful fall weather.


By » 10/18/2014 » in

September 2014 Maui Real Estate Statistics

I apologize for being a little slow getting out of the gate with our September Maui Real Estate Statistics. This post includes all of the usual content on median sales prices, sales volume, pending sales and other notable numbers and closes for September. It also includes a deeper dive into the recent condo sales numbers. We have seen a trend develop over the last six months where Maui condo sales totals have under performed compared to last year. I wanted to see if we could peel the onion back and expose any clearly discernible reasons as to why there are fewer condos selling. I have proffered some anecdotal evidence in recent stats posts, but I hoped to find something more substantive in the actual sales data. Keep reading to find out what I learned and all the other numbers from the September Maui Real Estate Statistics.

September Maui Real Estate Sales Volumes and Medians

This table compares real estate sales volumes by property type for Maui County Hawaii during September of 2013 and September of 2014

This table compares real estate sales volumes by property type for Maui County Hawaii during September of 2013 and September of 2014

Chart comparing September 2013 and September 2014 Real Estate Sales Volumes for Maui County

This chart compares Maui Real Estate Sales Volumes for September of 2013 and September of 2014.

By my count there were 95 homes sold on Maui in September with a median sales price of $570,000. Last September, there were 85 homes sold with a median price of $470,000. That calculates to approximately a 12% increase in volume and a 21% increase in median price while comparing this September to last September.

There were 79 condos sold last month with a median price of $465,000. By comparison, in September 2013 there were 121 condos sold with a median price of $345,000. That calculates to a 35% decrease in sales volume and a 35% increase in median price when comparing this year to last year.

There were 12 land sales on Maui this September with a median sales price of $520,000. Last September, there were 15 sales with a median price of $335,000. That is a 20% drop in volume and a 55% shift in median price when comparing this September to last September.

Interesting Notes and Numbers From the September Maui Real Estate Transactions

While compiling the numbers above, I thought there were some other facts and figures that were worth sharing from the September Maui Real Estate Transactions.

  • The highest priced home that sold last month was actually a bank owned property. A six bed/seven bath luxury home in the One Palauea Bay Subdivision in Makena sold for $8,500,000.
  • That was one of six homes sold for over $2,000,000 last month. The other homes were located in Paia, Kula, Kihei, Kapalua and Lanai.
  • The slow month for condo sales was reflected in the luxury condo market. There were no sales over $1,500,000. The high sale was a two bedroom/two bath condo that sold at Honua Kai for $1,390,000.
  • The highest priced land sale was a beachfront lot in Ka’anapali. The .87 acre lot sold for $6,900,000.
  • There were 12 bank owned (REO) sales last month. That is up slightly over the 11 (REO) sales that were recorded in September of 2013.
  • There were 6 successful short sale transactions completed in September. Last year, there were 26 short sales in September. With more sellers in improved equity positions on their properties, there will continue to be fewer short sale transactions.

Thoughts on the Maui Condo Market and the September Stats

The condo market continues to catch my eye when looking at the numbers above. There is a continuation of recent trends with condo sales under performing last years transaction totals. Condo sales were down 27% in the third quarter of 2014 when compared to the third quarter of 2013. I thought it was worth taking a more granular look at the condo transactions to see if there are anything that might help to explain the slow down in activity. The chart below compares sales in different price points of the condo market during the third quarter of 2013 and the third quarter of 2014.

Third Quarter distribution of condo sales by price point Maui County

This compares the distribution of condo sales by price point in the third quarters of 2013 and 2014 in Maui County.

As you can see in the chart above, there were only four price points where the 2014 third quarter sales totals outperformed the sales totals of the third quarter of 2013. The biggest drop in 2014 third quarter sales occurred in the price ranges between $101,000 and $400,000. Inventory is a big factor in this price range, particularly in the $101-$200,000 range where there is around three and a half months of inventory available based on recent absorption rates. That limited inventory is clearly hampering sales volume.

Recent Maui Sales vs. Current Inventory by price point

This chart compares the current active inventory of condos on Maui by price point to the sales over the last six months by price point. There is clearly limited inventory at the lower price points in the market. This chart excludes active and sold listings on the islands of Molokai and Lanai.

The inventory may be even tighter than it appears on paper. With some sellers really shooting for the moon on prices, there is a reduced pool of properties priced at or near market values. Maui has always been a market where sellers tend to reach on their pricing. This is due in part to the fact that there are a lot of second home owners who can afford to let their condo sit on the market for an extended period. The ranks of overpriced properties may also be due in part to changes in the rates of appreciation. Some entry level condos saw huge bounces off the bottom with appreciation reaching into the 70% or more range. Some sellers have based their go to market prices on those recent rates of appreciation. With the last real estate downturn still fresh in some minds, buyers are not willing to sustain those rates over the long haul. That is most apparent with entry level condos priced in the low to mid $200,000s. After big gains in 2012 and the first half or 2013, those condos have seen little to no appreciation over the last 6-12 months.

Once you get above the $400,000 range, the condo inventory is not quite as tight. It has certainly dwindled below what we saw during the doldrums of the market, but there is still more than six months of inventory based on current absorption rates. There is enough inventory that it shouldn’t be constraining market sales. The healthier inventory is reflected in the sales figures in these price ranges. The difference between sales in third quarter 2013 and third quarter 2014 is smaller and there are of course a few price points where 2014 third quarter sales are higher. I am not sure that I can pin all of the decrease in market activity as being driven by inventory constraints, that said there is a clear correlation in some market segments. If there are any other factors that are hampering sales, they are not quite as easy to discern.

The luxury condo market is one part of the market where inventory is abundant. In the $1,500,000 to $4,000,000 price range there is well over a year of inventory based on current absorption rates. That would suggest that inventory is clearly not a factor in the slower third quarter sales volumes for luxury condos. The third quarter slump is something of a surprise as the first half of the year saw very strong sales in this range. It will be interesting to see what happens during the fourth quarter. If the slower sales volumes continue in that price range, it may illuminate what other factors are cramping the condo market. That said, this is a market segment with a small sample size that can see a lot of variability. The fact that there were strong luxury home sales in September makes me think the lower luxury condo sales could be an anomaly.

There was one other thing that I thought was worth mentioning about the September condo numbers. We typically don’t spend a ton of time discussing the median sales prices that we report in our stats posts other than to give the caveat that they aren’t a great indicator of changes in value. Our market size is small enough that the distribution of sales can have a bigger impact on medians than the changes in the values of properties. I think the stats for this month are a good example why. The 35% increase in median is driven heavily by the decrease in sales between $100,000 and $400,000. Fewer lower priced sales resulted in a big boost to the median sales price.

While the condo market has seen a clear trend of decreasing sales compared to last year, the home market has seen similar levels of market activity compared to 2013. As of this month, there have now been four months where sales were stronger than the same month of 2013, four months of slower sales and one month where sales volumes were the same. While constrained inventory has reduced the number of entry level home transactions, that has been offset by a little more activity at the higher price points in the market.

The 2014 Maui land market has occupied a middle ground between the condo and home market. It has had more months with lower sales volume than higher sales volume compared to 2013, but not quite as many down months as with condos. Inventory could be a factor with this market. Lower priced land opportunities are becoming harder to come by.

September Pending Sales

One thing to remember with real estate sales is that they are a lagging indicator. Most transactions on Maui take 30-60 days to close. We also keep track of pending sales in our statistics to get a sense of more recent market demand.

A comparison of the number of Maui properties that went pending in September 2013 and September 2014

A comparison of the number of properties that went under contract in Maui County during September 2013 and September 2014

The pending property sales are mirroring current trends. The number of homes that went under contract in September was equal to what we saw in 2013. The land and condo pending sales are both down from 2013 levels although the margins are small.

What Buyers and Sellers Should Expect in The Current Maui Real Estate Market

While sales numbers are down a little, the overall buying and selling experience on Maui has changed very little in the last twelve months. Scarce inventory makes for a competitive market for buyers. Buyers should do all that they can to be prepared to act quickly when well priced properties that fit their needs hit the market. That means getting pre-approved for a loan prior to your search if you require financing. It also means being decisive and putting your best foot forward when submitting offers. Well priced properties are still frequently generating multiple bids. Sellers who want to sell quickly will need to pay attention to recent comparable sales and current conditions within their neighborhood and community. Even with reduced inventories, overpriced properties are sitting with very little interest from the market. Both buyers and sellers should be aware that market conditions can vary significantly by neighborhood and price point. The Maui Real Estate Team would welcome the chance to sit down and discuss your real estate needs and the market conditions in communities that could be of interest. Contact The Maui Real Estate Team for a free consultation.


Our Weekend at Honua Kai Konea 402

Two weekends ago, we stayed in Unit 402 in the Konea Building at Honua Kai. PowerPlay Destination Properties, the listing brokerage for the unit, offered us an opportunity to give this condo a test drive so to speak. This post shows some of the pictures from our stay and highlights some of the amenities of both Konea 402 and the Honua Kai resort.

Billy and his wife had the condo on Friday night. I loaded up the family and headed over on Saturday. Realistically, Billy and I could have been there with both of our families and still been very comfortable. Konea 402 is a three bedroom, three bath condominium with 2,230 square feet of living space. There is an additional 600 square feet of lanai.

Ocean Views from the Lanai of Konea 402

When buyers are looking at condos on Maui, good views are a criteria that often tops the list. The photo below shows the view looking out from the lanai of Konea 402. If you look a little further to the South you can see all of the neighboring island of Lanai. If you look a little to the North, you can see Molokai. The side lanai has nice views of the West Maui Mountains.

Living Room and Kitchen Konea 402

Buyers on Maui also tend to value fully updated condos. As some of Maui’s newest construction, Honua Kai definitely fits the bill. The condo is well built and incorporates high end materials, amenities and appliances. NanaWalls in the living room and dining room open up to the lanai. There is travertine flooring throughout. The home includes a tasteful furniture package put together by designer Natasha Plitt.

The Kitchen at Konea 402 at Honua Kai

The Kitchen features high end Viking Appliances

The kitchen is worthy of its own discussion. This unit has an upgraded Viking appliance package. Granite counters and quality cabinetry are also great amenities. There is plenty of room and lots of counter space for preparing a big meal for friends and family. There is also a nice outdoor kitchen space with a gas grill right on the lanai if you want to barbecue.

Konea 402 offers stunning views off the lanai making it a great place for a meal

While there is a more formal dining room with great views, we took full advantage of dining on the lanai. I was surprised my daughter Kiana was willing to take a break from the views to look at the camera.

Kiana and I enjoying the Master Bathroom Tub of Konea 402

Two of the three bedrooms in the condo can be considered to be master suites. There are three full bathrooms in the condo. The bathrooms off the two master suites are spacious and opulent. Both of the master bathrooms features oversized framed glass showers and tubs. My daughter Kiana particularly enjoyed bath time in the one master bathroom tub.

Sunset Views from Konea 402

The Mountain Views From the Lanai of Konea 402

With the amenities and views from Konea 402, it would be easy to never step foot outside. Then again, you would we be selling yourself short by not taking advantage of the facilities around Honua Kai. There are three separate pool areas. Kiana really enjoyed splashing in the shallow area of the children’s pool.

In addition to the pools, we enjoyed Duke’s Restaurant for lunch. They have a great open air dining facility close to the pools and looking over the beach. We also shopped at the Aina Gourmet Market over in the Hoku Lani tower for coffee, tea and some other edibles. We wish we would have had more time to experience Honua Kai’s other facilities like the Ho’ola Spa and the Fitness Center.

When it comes to Maui Real Estate, the best amenities are the natural ones. Honua Kai is situated on the golden sand of Airport Beach. The beach is known for good swimming and snorkeling. My wife, daughter and I had a great beach walk all the way from Honua Kai to the North End of Black Rock. We even saw a pod of spinner dolphins playing about 100 yards offshore. The nice thing about this stretch of beach is that it is generally less crowded than Ka’anapali Beach.

Honua Kai Konea 402 offers the complete package for buyers looking for a luxury beachfront condo on Maui. The views, amenities and setting are all superior. Konea 402 is offered for sale via PowerPlay Destination Properties for $3,913,000. At this time, the developer is offering to prepay the first 36 months of association fees. This calculates to a savings of $110,981. The Maui Real Estate Team may represent interested parties as their buyer’s representative. Contact The Maui Real Estate Team for additional information or to have us arrange an exclusive preview of Konea 402.

You can see all of the Honua Kai Condos for Sale listed on the MLS on MauiRealEstate.com. You can also download the Honua Kai Ap from iTunes for more information on the resort and units for sale.


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