Maui Real Estate Blog

1031 of the Week-Kihei Inn

It has been a while since I have posted a 1031 of the week property. However, a new listing on the Maui MLS caught my eye today. This hotel zoned property in Kihei has 6 total units. There are four one bedroom bath units downstairs and a three bedroom/two bath unit and an additional one bedroom/one bath unit upstairs. Additional features include a pool and a common area laundry. The property is being run as a successful Inn. It is one block from Sugar Beach and proximate to Kihei’s windsurfing area. This could be an interesting property for someone who would want to be an owner operator. They could live on site in one of the apartments. Buyers could also have it managed by an off site manager and maximize the number of rooms.

This property is listed through Maui Estate Properties for $1,895,000. The Jalbert brothers may represent you as buyer’s agents. Contact us today for additional information or to have us arrange a showing.

Pete Jalbert

Maui Real Estate Blog

1031 of the Week-Mahinahina Opportunity

This week’s 1031 of the week is a 6 bedroom/4 bath home with a detached ohana in the Mahinahina area of West Maui. The home has a flexible floor plan ideal for creative buyers or buyers with an extended family. The detached ohana is a great mortgage helper. There is plenty of parking to accommodate large families, guests and tenants. This is a great location convenient to all of West Maui and within walking distance of the beach. Vaulted ceilings and ocean views are additional amenities. This home is listed through Coldwell Banker Island Properties for $1,395,000. The Jalbert brothers may represent you as buyer’s agents.

Click Here for additional information and pictures on the property.

If you like the West Maui area and you are looking for a primary residence with a business opportunity, keep our Maui Bed and Breakfast listing in mind. This is a great opportunity for someone looking for a lifestyle opportunity in Maui. It may also be a good option looking for a home with a flexible floor plan.

Contact the Jalbert brothers today to have us arrange a showing of either of these great properties.

Pete Jalbert

Maui Real Estate Blog

1031 of the Week-Cute Hana Home

Traditionally, our featured 1031 properties have been listings that offer some sort of income potential. This week’s property is not a great income property as much as it is a good potential vacation home. For some the idea of the perfect Maui second home is a condo on the beach, others are looking for something a little more off the beaten path. Maui residents and visitors alike love to get away to Hana. Its slower pace of life and drop dead gorgeous scenery make it a great place to escape the rat race. The second home options are relatively limited though. Occasionally, you will see a studio or one bedroom for sale at the Hana Kai Maui. The Hotel Hana Maui Condominiums offer an opportunity for upscale buyers. There is very little in between. This cute little two bedroom/one bath home is a unique opportunity for someone who wants a second home in Hana fills that gap. The cute home is situated in a fantastic location in Hana. It is a short walk to Venus Pool and a short drive to Hamoa Beach. This home is listed through Realty West Ltd. for $450,000. The Jalbert brothers may represent you as buyer’s agents.

Click Here for additional photos and information.

Pete Jalbert

Maui Real Estate Blog

1031 of the Week-Haiku Commercial Property

This week’s 1031 property is an interesting commercial opportunity in Haiku located right across from the Pauwela Cannery. This property could be interesting for a creative buyer. The main structure used to house a restaurant. Underneath the restaurant are three bedrooms, one bath and a living room. In addition to the main structure there is another 4 bedroom one bath home in need of some TLC. This properties Country Town Business zoning allow for lots of different types of commercial opportunities. This property is offered through Equity One Real Estate for $1,500,000. The Jalbert brothers may represent you as buyer’s agents. Contact us today for additional information or to have us arrange a showing.

Click here for additional pictures.

Pete Jalbert

Maui Real Estate Blog

1031-Wailuku Plantation Style Home

This week’s 1031 of the week is a charming plantation style home in the heart of Wailuku. This 1929 home maintains much of its original charm and character with original douglas fir floors, original chandeliers, glass door knobs, old french doors and original windows. There is room for additional renovation yet most of the heavy lifting has been done with a new room installed in 2003. The home is on one of the largest lots in the neighborhood with over 11,000 square feet. A deep back yard offers room to roam and privacy. There is a cute little gazebo for outdoor entertaining.

This great house is five lots from One Main Plaza and the intersection of Main and High Streets. You can walk to downtown Wailuku’s businesses, shops and restaurants. Based on the location, the listing agent has also mentioned the potential for the lot to get a commercial use permit. Interested buyer’s should do research with the county of Maui. This home is listed for $590,000 through Aina Maui properties. The Jalbert brothers may represent you as buyer’s agents. Contact us for additional information or to have us arrange a showing.

Click Here for additional pictures of the property.

Pete Jalbert

Maui Real Estate Blog

1031 of the Week-Puamana

This week’s 1031 of the week does not focus on a specific condominium unit or a specific home. Rather, I wanted to take a look at one of West Maui’s more popular vacation rental condos. I recently went to Puamana Beach Park just South of Lahaina for an evening stand up paddle. There were small waves, but the late afternoon and evening skies could not have been much more beautiful. While I was waiting for the sets of waves to come in, I had a nice vantage point looking towards the shore line. Just to the north of the beach park are the Puamana condominiums. I was thinking to myself, you could not find a much better example of ocean and beachfront condominium living in Maui. A number of the condo lanai featured gatherings of people barbecuing and taking in the sunset. Many of the palm trees along the shore line had hammocks strung between them. With views of the sunset, the neighbor islands, the gentle waves and the beautiful Pacific, this is the type of setting that has made Maui such a popular destination.

If you are looking to 1031 into a second home or vacation rental, Puamana is worthy of consideration. The complex is low density with 230 units in 60 one and two story buildings on approximately 30 acres. The aforementioned views are certainly a draw. Other amenities include beautiful grounds, old Hawaii charm, oceanfront pool and proximity to the activities, restaurants and entertainment of Lahaina Town. Prices range from the $800s for garden view condos up into the $2,500,000+ range for 3 bedroom ocean front condos. Contact the Jalbert brothers today for additional information on Puamana.

Click Here to see all of the current Puamana listings.

Pete Jalbert