1031 of the Week-Old and New

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This week, I am featuring two interesting potential 1031 properties. The first property has been on the blog before. It went into escrow shortly after being featured on this site. This beautiful Haiku property has just fallen out of escrow and is back on the market. It was an interesting property when it first came on the market and it is just as intriguing now. This listing features two homes with flexible floor plans on 1.54 all usable fenced acres. The main home is a single story with 5 beds and 3.5 baths. The second home is a two story with 1200 square feet of living space, big view and a spacious lanai. This could be an interesting home for an extended family or someone looking for a good long term rental property. The listing agent estimates $6,000 a month if both homes are fully rented. This home is listed through Upcountry Realty for $1,089,000. this property sold!

The other property we are featuring this week is located in the prestigious resort community of Wailea. This community’s collection of world class beaches, shopping, golf, spas and gourmet restaurants has made it one of the premiere destinations in Hawaii. While homes, condos and land come at a premium, there are some interesting opportunities to own in Wailea for less than what you would expect. This new listing in the Wailea Kai Subdivision is the lowest price home with a pool in Wailea. This cute home has 3 beds and 2.5 baths and includes features carved doors, vaulted ceilings, tile and hardwood floors and more. This home is listed by Americorp International for $1,195,000. This property sold!

Contact the Maui Real Estate Team for assistance with other potential 1031 properties.

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