Maui Real Estate Blog
North Shore Paradise
Our listings past and present include quite a few beautiful properties. This new listing in Haiku certainly falls into the that category. The stunning main home went through a comprehensive remodel and the landscaping and grounds are truly stunning. However, this property is really distinguished by its fun quotient. It may well be the most fun property we have ever marketed. There are just so many things to keep you entertained on this two acre property. Its like owning your own mini resort just for the enjoyment of your family and friends.
The Main House
The four bedroom, three bathroom main home offers 2,570 square feet of luxurious, living space. The seller completed a comprehensive remodel of the home in 2016.
The screened front porch of the home was converted to a dramatic entry with a custom walnut door, built in desk, new coat closet and new light fixtures. Big windows provide views of the ocean and the beautiful landscaping around the property.
The remodel work extended to the living room. The sellers added new fixtures, a new built-in entertainment center and a new built-in hutch. A new split system A/C helps to cool the house on the warmest days.
The remodel work extended into the kitchen. The sellers installed a new farm sink and new Subzero, Thermador and Bosch Appliances. New Swarovski Crystal Pendants and a Custom 5,50 piece tile mosaic by Brian Lehto add to the aesthetic appeal.
The extensive remodel work extended into the master suite. The seller added a custom built-in tiger wood cabinet for clothing and a built-in zebra wood TV center. Other notable additions to the bedroom include a new walk in closet and split system a/c. The sellers added a double vanity and a new walk-in shower to the master bathroom. An outdoor meditation garden and outdoor lava rock shower were added just off the master bathroom.
Other notable remodel items for the main house include the following:
- New dark bamboo flooring throughout the home.
- A new back entry was added with a custom Walnut Door, a new laundry “closet” and a new organizer.
- New LED soffit lighting throughout the home.
- The home’s three other bedrooms received new fans and light fixtures.
- The sellers expanded the closet space of the two downstairs bedrooms and added built-ins.
- A new water filtration system that services the entire house.
- The sellers replaced the roof with a standing seam metal roof.
- The comprehensive remodel included a replacement of the septic system.
The Ohana and the Office
The remodel efforts extended to the detached two bedroom, one and a half bath ohana. The structure had pretty good bones with its high ceilings and tile floors. The sellers completely redid the kitchen, added new light fixtures, two new window a/c units, and they expanded the master bedroom to 300 square feet. The half bath has exterior access making it a good “pool bath” for the nearby pool area.
The sellers thoughtful touch extended to the office/studio space. The space received new lights and fixtures. An outside custom bar with seating was added to the exterior. They added a lanai area between the office and the ohana. New tile, a custom mosiac and turtle/ocean paintings by local artist Brian Lehto enhance this outdoor living space.
The Pool Area
The revamp and renovation of North Shore Paradise included the addition of a forty foot long, heated, saltwater pool. The pool has an attached spa and a combination waterfall,slide and rock jump feature. The pool area serves as a focal point for entertainment both day and night. There is a gazebo to escape the sun next to the pool. A larger pavilion area is big enough to accommodate plenty of friends and family for a meal. As the day cools to night and the stars begin to twinkle overhead, a poolside fire pit is another spot to gather with friends and family.
Pickleball, Chess and Fruit Picking
The fun doesn’t stop at the pool area. At this time, Pickleball is the fastest growing sport in America. It crossed the big blue of the Pacific and it can now be played among the verdant landscape of North Shore Paradise. A basketball hoop gives you the opportunity to hone your three pointers and free throw shooting.
An oversized outdoor chess board means that you can exercise your mind and your body at North Shore Paradise. Tucked next to the pool pavilion and surrounded on three sides by tropical landscaping, I can’t think of many better settings for a game of chess.
If you work up an appetite with all of your play, you can just meander through the property’s orchard to see if there is anything ripe to eat. There are over 20 varieties of fruit trees including citrus, avocado, lychee, macadamia nut, fig, banana, breadfruit, papaya, coffee and more. There is a small organic herb garden with room to add a vegetable garden. The edibles are just part of the beautiful landscaping on the property. Other highlights include a massive Banyan Tree, a majestic Royal Poinciana and a variety of tropical flowers.
Keeping it Green
North Shore Paradise has two large, net-metered, grid tied photovoltaic (solar) systems. There are 21 solar panels on the main house. An additional 41 panels are located on the ohana roof. The ohana panels power the ohana, office and pool. There are also solar hot water heaters on the house and the ohana. Collectively, the pv systems and the water heaters significantly reduce electric bills. Of course, they are also environmentally friendly.
Find out More…
North Shore Paradise is offered for $2,380,000. Find more photos and details on the 2423 Lilokoi Listing Page. Take a 3D tour of the main house to see the floor plan and more of the design details. You can also take a 3D tour of the cottage. Qualified buyers may contact the Maui Real Estate Team with questions or to arrange a private showing.
Maui Real Estate Blog
Old Hawaii Homes at New Prices
We recently reduced the price on two of our listings. The properties located in Kula and Haiku respectively share something in common beyond price changes. Both homes exhibit the classic Hawaii Plantation Style. While the homes were built 83 and 144 years ago, the charm and appeal of this design style endures through today.
785 Kekaulike, Kula
This Kula Classic consists of a 1936 home on just over 3.1 acres with a separate cottage built in the early 1980s. The 1936 home features design hallmarks of the era including fir floors, double hung windows with counter weights, and crystal door knobs. Originally owned by a ranch manager, subsequent owners have done a fantastic job maintaining the home over the years.
A previous owner completed a substantial addition to the property in 2006 when they added a new master suite. Their contractor took tremendous pains to ensure that the addition was true to the style of the original construction. The bedroom has fir flooring that matches the rest of the house. The builder used double hung windows with counter weights that they reclaimed from a Plantation home in Wailuku. The bathroom has a clawfoot tub. The tiles from the master bath match the original bathroom tiles on the other side of the house.
The seller recently lowered the list price for this Kula classic to $1,530,000. You can take a 3D tour of the main home to see more of the many details. Check you the 785 Kekaulike listing page for more photos.
555 Haiku Road, Haiku
Our listing at 555 Haiku Road is the oldest home that I have been in on Maui. The five bedroom, five bath home is situated on 1.2 beautiful acres with big mature trees, beautiful tropical flowers, citrus trees and bananas. Originally built in 1875, the home served as the residence of the Doctor for the nearby Pineapple Plantation. Most recently, it has been operated as a bed and breakfast. The old cliche that they don’t build them like they used to is certainly appropriate with this home.
The style of the era is evident both on a small scale and a large scale. The gracious front porch is both a gathering place, and a spot to enjoy the cooling trade winds. There is custom woodwork throughout the interior and exterior of the home. You just don’t see this type of craftsmanship with new construction.
Other features and materials include double hung windows, fir floors, crystal door knobs and a clawfoot tub in one of the bathrooms.
This classic and gracious plantation style home is now listed for $1,220,000. Take a 3D tour to get a better sense of the floor plan and to see more details of the home. Check out the 555 Haiku Road listing page for more photos and details. Contact The Maui Real Estate Team with questions or to arrange a showing of either of these historical homes.
Maui Real Estate Blog
Room to Roam in Nahiku
Our new Hana agent, Sonny Sudak listed a fantastic property in Nahiku on Maui’s East Side. This 57 acre property includes a small cottage, big ocean views, plenty of privacy and a whole lot more.
The seller cleared roughly two to two and a half acres around the cottage. Recent clearing efforts helped to really open up the ocean views. The remaining acreage is largely tropical jungle with three intermittent streams crossing through the property. The closest stream is audible from the cottage after heavy rains.
The two bedroom one bath cottage features vaulted ceilings. There are sliding glass doors in the two bedrooms ensure you are seeing plenty of the ocean view. The sellers recently renovated the kitchen. It has plenty of counter and cabinet space. The screened in lanai off the back is a great spot to enjoy the natural beauty of the surrounding land and the ocean off in the distance. The home’s post and pier construction provides a covered work space underneath the lanai.
The cottage has power through Maui Electric. TV and Internet service is provided by Satellite. A 3,000 gallon catchment tank is the source of water of the property.
There are numerous possibilities for this property. Keep it as it is for a private and quiet jungle hideaway. The agricultural zoning allows for a main home to built on the property. Clear more land for farming operations. The jungle locations is conducive to growing a variety of fruit trees and other agricultural products. The choice is yours.
This great Nahiku Property is listed for $950,000. Check out the 475 Hana Highway listing page for more photos and details on the property. Contact the Maui Real Estate Team with questions or to arrange a showing.
Maui Real Estate Blog
Paia is consistently a tight real estate market with limited inventory and strong demand. That makes our new Paia listing all the more compelling. It is truly a unique property with nothing equivalent on the market in some time. The property consists of just under a half of acre of land with a three bedroom, two bath home and a two bedroom, one bath home. Each structure has its own water meter and its own septic system. The property has already been through the CPR process. The process converted the property into two separate units that may be sold separately. The seller is opting to sell the property as a whole.
The lot in and of itself makes this property particularly compelling. There aren’t a lot of big lots in this small town. The bulk of the larger lots are more expensive oceanfront properties. This is the biggest lot to come on the market on the Mauka side of Hana Highway since 2010. The lot isn’t unique just due to its size. It is also offers a unique setting with a 753 acre agricultural parcel surrounding the property on three sides. Fewer neighbors means more quiet and more privacy. The well landscaped property includes a stately Monkeypod tree and edibles including Papaya, Banana, Mangoes and Coconuts.
There are two existing, well maintained homes on the property. The one is a two bedroom, one bathroom home with 1.050 square feet of living space. The other is a three bedroom, two bathroom home with 1,130 square feet of living space and an attached car port. Both homes have some view of the ocean. Building up offers the potential for outstanding ocean views.
I already mentioned that a second story could really enhance the views of the homes. I also mentioned that the completed CPR process for the property. That process converted each home and a surrounding area of land into separate condo units that may be sold individually. What I haven’t mentioned is that a future owner could add an additional cottage to the property. The property has the zoning, lot size and water available to build a cottage.
The quiet setting and the surrounding agricultural land make it easy to forget that you are a few minutes walk from Paia. Walk to the post office, restaurants, Mana Foods, shops, and yoga studios in five minutes. Paia Bay Park is about a ten minute walk. This is the type of property where you can leave your car parked in the driveway.
Find out More About 118 and 120 Ulumau
The asking price for this Paia Opportunity is $1,400,000. Find more photos and details on the 118 and 120 Ulumalu Listing Page. Take 3D tours of the three bedroom and the two bedroom homes. Contact The Maui Real Estate Team with questions or to arrange a showing.
Published May 20, 2019
Maui Real Estate Blog
May 2019 Paia Real Estate Market Update
It has been a while since we checked in on the Paia Real Estate Market. Paia town on Maui’s North Shore is where The Maui Real Estate Team office is located. It is one of our office’s core markets. This town has consistently seen strong demand and limited supply. The combination creates steady upward pressure on pricing. This post looks at market activity in the community during the second half of 2018 and the first four months of 2019.
One thing to note. Our local MLS groups Paia, Spreckelsville and Kuau together. We have always thought that Spreckelsville is its own market. As a result, this post looks at Paia and Kuau only. We provided a market update on Spreckelsville in February.
The map above shows sales market activity in Paia and Kuau between July 1, 2018 and May 1, 2019. The red pins represent sales. The yellow pins represent pending sales. The green sales represent active inventory. You can click on individual pins for more details on sales.
Paia Sales Summary
- There were 11 homes and 3 condos sold during the last six months of 2018. By comparison, there were 8 homes and one condo sold in the second half of 2017.
- The median price of the homes sold in the second half of 2018 was $878,000. The median price of homes sold in the same period of 2017 was $747,000.
- During the first four months of 2019, six homes and two condos sold. During the first four months of 2018, there were eight homes sold.
- The median price of the homes sold during the first four months of 2019 is $1,079,062. The median prices for the homes sold in the first third of 2018 was $800,000.
- The high sale for the first four months of 2019 is 50 Kai Place. This home and ohana is located on a 12,166 square foot lot on the ocean side of Hana Highway. The value may have been higher to the purchaser than the general market as it provides a potential second access point to the buyer’s oceanfront property. It closed for $2,150,000.
- The high sale for the last six months of 2018 is 116 Kuau Beach place. This oceanfront property consists of two homes on a lot of approximately 16,335 square feet. It sold for $3,500,000.
- The lowest priced home to sell during the first four months of 2019 is 514 Pahi Ka Street in Skill Village. This four bedroom, two and a half bath home with 1,670 square feet of living space sold for $649,000.
- The lowest priced home to sell in the last 6 months of 2018 sold for $350,000. This home, located located behind Cafe Des Amis, was in very poor condition. It was recently renovated and went under contract for $575,000 before it went to market.
Sales Activity in Specific Paia Neighborhoods
Three sales closed in Kuau Bayview between July 1, 2018 and May 1, 2019. More accurately, all three sales closed in the second half of 2018. That is a slight uptick over the two sales that occurred over the same period between 2017 and 2018. While we haven’t seen any sales in the $900,000 plus range as we have in the previous couple of years, that is more due to the size and location of the units that have sold. This neighborhood continues to see strong buyer demand due to its location and general pride of ownership.
Sales activity has been higher in Skill Village than any other neighborhood in Paia over the last five years. Some of that is due to the size of the neighborhood. It is also due to relative affordability. It typically offers some of the lower priced homes in Paia. Four homes sold in the neighborhood between July 1, 2018 and May 1, 2019. That is a slight dip from the five homes that sold in the year prior. Sales seem to be slowing due to a limited supply of inventory. The decreased inventory is helping to push prices up further.
Kuau Plaza, the thirty unit condo in Paia, saw a fair amount of sales activity with three sales in the last half of 2018 and two sales in the first four months of 2019. There is one additional condo in Kuau Plaza that is currently under contract. Units in the building tend to sell quickly when they come on market. The fact that you can vacation rent these condos legally helps boost demand for the property. That is particularly the case with the recent additional restrictions on vacation renting single family homes on island.
Only one oceanfront home sold in Paia since July 1, 2018. That is down quite a bit from the five sales over the same period of 2017-2018. Some of that stems from lack of inventory. There are only three oceanfront homes on the market at this time. Two of those homes came to market after January first. Oceanfront homes tend to spend more time on the market.
Overall Thoughts on the Statistics and the Paia Market Outlook
Looking at all of the numbers above, the median sales price for the first four months of 2019 is the most striking. Paia broke the million dollar median barrier. The median is driven in part by an increase in values, but also due to a lack of lower priced inventory. At this point, the lowest priced sale for the year is $649,000. I would anticipate that homes priced under $700,000 will remain scarce through the year which will continue the trend of high median sales prices.
If the overall economy continues on its current trajectory, values will continue to push upward. That said, I would not be surprised to see the rate of increase moderate. Homes in Paia are becoming increasingly inaccessible for the average island resident. If prices push up much further, I surmise it will be due to off island vs. local buyers.
Maui Real Estate Blog
Hale Kanani 1-107
Quality, space and convenience distinguish our newest condo listing in Kihei. Hale Kanani 1-107 is a front row, ground floor unit across the street from Cove Park. The three bedroom, two bath end unit has extra windows to bring in additional light. It is also the largest three bedroom floor plan in the complex. Buyers will appreciate the extra living area and storage space.
The seller has made some nice upgrades to the unit with a tile backsplash in the kitchen, a remodeled shower area in the master bath and plantation shutters throughout.
There are views of the ocean from the lanai. Surfers and Stand Up Paddlers will appreciate the ability to do a surf check from the condo.
Hale Kanani is less than fifteen years old. Community amenities include a pool and a hot tub. Association rules and county zoning prohibit vacation rentals.
Hale Kanani’s best feature may well be its location. This is a high walk score for those that want to enjoy some of the best features of South Kihei. We have already mentioned the proximity to Cove Park. This is the best beginner’s Surf Break in Kihei. The beautiful sands and waters of Charley Young Beach Park and Kamaole I are just a couple of blocks from the condo. There are a number of restaurants and bars both to the North and South of the property along South Kihei Road. Groceries are just a few blocks away at Foodland.
Find out More About Hale Kanani 1-107
Hale Kanani 1-107 is offered for sale for $560,000. Check out the property listing page for more photos and details. Take a 3d tour of the condo to get a better sense of the floor plan. Contact The Maui Real Estate Team if you have questions or to arrange a showing.