Maui Real Estate Blog
Well That Was Fun!
For most buying a home on Maui is a lifestyle choice. We aren’t a center of commerce. You don’t come here for shopping or night life. It takes a minimum of five hours to get here via plane. People buy homes on Maui for natural beauty, climate and for the general lifestyle offered. For the North Shore of Maui, the ocean and the world class water sports offered are an integral part of that lifestyle. We recently hosted a broker’s event that was a little unusual. With a couple of listings that really appeal to those who love ocean sports, Billy and Martin came up with an idea that highlighted the amazing attributes of these two respective properties.
The Maui Real Estate Team invited a group of ocean sport loving Realtors for a downwind coast run that started at our listing at 78 Aleiki Place on Kuau Point and ended at Sugar Cove Building 6 in Spreckelsville. Most of the participants used wing foils to go down the coast. We had one agent riding a stand up foil and Kai Lenny used his kite. Kai’s brother Ridge, who is an agent in our office, narrates the video below that shows highlights from the event.
The condominium home at 78 Aleiki is just steps from the Kuau Point launch. If you like to wing, windsurf, SUP, or surf. There are a couple of surf breaks accessible just off the point. Of course, it’s also a great spot for starting a downwind run to Spreckelsville, Kanaha Beach Park or Kahului Harbor. Sugar Cove is a great spot for pretty much any ocean sport you can imagine. Surf, SUP, kite, windsurf, wing, body board or body surf off this great little beach.
Needless to say, the participants said this was a lot more fun than any other real estate event they ever attended. Not only was it a good chance to highlight the two properties, it was also a good reminder to all participants on just how lucky we are to call Maui our home.
Contact The Maui Real Estate Team
If you have questions about either of these properties, give us a call at 1 800 579 1525. We would be happy to answers questions or provide additional service.
The Maui market is changing. Needless to say, we aren’t immune to the latest increases to interest rates. Days on market are getting longer with buyers fewer. While there will still be buyers seeking Maui’s amazing lifestyle, the easy days for sellers are coming to an end. In this market, sellers need top quality representation. The Maui Real Estate Team uses high quality photography, videography and creative marketing like the broker’s event highlighted here to help properties stand out. Contact The Maui Real Estate Team if you are considering listing your home. We look forward to a no obligation sit down to discuss your needs and our services.
Maui Real Estate Blog
The Outdoor Spaces of the Oasis Spreckelsville
Year round outdoor living. It is one of the things near the top of the list for advantages to living in Hawaii. Warm weather and cooling trade winds beckon you to spend time outside. I know this isn’t exactly a revelation, but it seems that so many architects and builders fail to maximize outdoor spaces. That’s one of the things that makes the Oasis Spreckelsville such a well conceived home. The owner thought out every square inch of exterior living space and landscaping. The end result is beautiful, functional and surprisingly easy to maintain.
It’s hard not to start any conversation of the Oasis outdoor spaces without first talking about the pools. There is a 12′ X 31′ main pool, a 5′ X 64′ lap pool and a 6’x 12′ heated spa. All of the pools are zero edge. Surrounding decking conceals storage reservoirs and drainage for the pools. Rather than using marcite or gunite, the owners used 36″ x 18″ tile to surface the pools. In addition to the pools, there is another zen fresh water feature with fountains adjacent to the lap pool.
The Lanai Spaces
Outdoor living spaces make homes live much larger than their interior square footage. This property has tons of outdoor living space. The covered lanai that overlooks the main pool is one of our favorite spaces on the property. Whenever we are at the property between showings, we find ourselves gravitating towards this beautiful space. The decking material itself is incredibly durable Ipe. The vaulted overhead ceilings include recessed lighting along the edge. A Boffi fan helps to augment the cooling tradewinds. The Richard Schultz furniture included with the sale is incredibly comfortable.
The ipe decking expands beyond the front lanai area. There is decking that wraps around three sides of the house creating even more outdoor living space. There is a large area off the living room and kitchen that abuts against the outdoor water feature. It faces East and catches nice light in the morning to enjoy tea, coffee or maybe even some yoga to start the day. The lanai space appears equally suited to both quiet contemplation or capable of hosting a larger gathering of friends or family.
The Outdoor Barbecue Area
With all of the outdoor space to enjoy, you have to have a good place to cook and prepare meals outside. The barbecue area overlooks the main pool. There is a sink and plentiful counter space for food prep or serving. Two 125 gallon propane tanks ensure that you never run out of gas during the middle of a barbecue.
The owner studied botany. It shows. The plants throughout the property were carefully curated just likes the home’s building materials, fixtures and furnishings. The result is a beautiful and lush environment. One of the things that is most notable about the landscaping though is that it is relatively low maintenance. There is hardly any grass to mow due to the extensive lanai areas, blue stone pathways and the use of river rock and cinder around the landscaping. A number of the palms used are self shedding varieties that don’t require trimming.
The Oasis Outdoor Spaces at Night
Other Outdoor Features
Some of the most notable additional outdoor features include:
- Tasteful fencing for full privacy
- Balinese entry gate and accent panels
- Five panel art display over the lap pool by Abigail Romanchak
- Three outdoor showers. One is perfectly located off an entry gate for a post beach rinse. The other two side by side Boffi Showers are located on a stretch of lanai between the two pools.
- Hot and cold water hose bib by the garage with numerous other hose bibs around the house
- Outdoor Bose Speaker system (wired) to a series of Sonos Amps
- Rainbird sprinkler system
Contact The Maui Real Estate Team
The asking price for the Oasis is $9,800,000. Check out the Oasis listing page for more photos and details. Qualified buyers may contact the Maui Real Estate Team for more information or to arrange a private viewing.
Maui Real Estate Blog
Design Details at The Oasis Spreckelsville
Carefully curated. Precision Crafted. Those are the words that stuck in my head when I first spent some time at the Oasis in Spreckelsville. The quality of construction, choice of fixtures and materials and the overall interior design are all executed at truly extraordinary levels. Today’s post highlights some (but not all) of the details that help make this such a special property.
The Boffi Kitchen blends function, beauty and durability. This close up shows the beveled edged on the marble counter tops and the Corian material cabinetry.
Gaggenau appliances complement the Boffi cabinetry. They include a coffee/ espresso maker, conventional and steam combi ovens, warming drawers, induction and lp cooktops and refrigerator. There are Gaggenau wine refrigerators off the dining room.
You aren’t going to find any outlet covers in this home. The outlets are flush with the marble border along the countertops in the kitchen. Elsewhere, the outlets are flush with the Antiqua stone plaster walls.
Baccarat chandeliers punctuate the living room and dining room with personality and beauty.
Like many parts of the home, form and function combine really well together with the Porro pullout sliding closet systems in the bedrooms.
This photo of the shower in the third bathroom highlights a couple of notable design details. The Flos flower light fixtures designed by Marcel Wanders add some pop to showers throughout the home. The owner also included these flower fixtures around the exterior. This brought some continuity to the interior and exterior lighting. The book matched marble is another notable feature. This photo doesn’t completely do justice to the book matching. That said, it is a higher level of stone work than what you will see in most Maui luxury homes.
This shot shows some of the quality teak woodwork done around a door frame, but there is something else that is worth pointing out. When we showed the house to the owner of another brokerage, he reveled in the quality of the work and said it was a “design nerd’s paradise”. He also asked to take a look at the door hinges. The broker confirmed his suspicions when he observed that all screws are turned to the same position. An attention to detail that you don’t see often with Hawaii homes.
This isn’t a conventional property to market. While it offers stunning spaces that truly catch the eye, we felt the need to create a video that also captured the craftsmanship and quality curation. We welcome your feedback on the effectiveness of our efforts.
Check out the Oasis Spreckelsville Listing page for more photos and details on the property. Qualified buyers may contact the Maui Real Estate Team to discuss the property or to arrange an exclusive viewing.
Maui Real Estate Blog
August 2022 Spreckelsville Market Update
In our last Maui Market Musings Post, we did a deep dive on the Wailea and Makena areas of Maui. We wanted to use a stand alone post to drill into a smaller neighborhood on Maui’s North Shore. That of course is the Spreckelsville neighborhood located between the airport and Paia. It’s one of the core communities we serve. Both Billy and Martin from our office call the area home. This post looks at year to date sales, current inventory and the outlook for the rest of the year.
The map above helps show sales activity for the year to date in Spreckelsville. Red pins represent sold listings and green pins represent active listings. You can click on the pins for additional details about each of the properties.
Spreckeslville 2022 Sales Overview
- Seven properties sold thus far this year as of August 6th. That includes 5 homes and 2 lots. The same number of properties sold during the same period of 2021. That said, last year’s sales were exclusively homes.
- The highest priced home to close in the neighborhood for the year to date sold for $10,000,000. The oceanfront property included a 4 bedroom, 3 bathroom house with 2,462 square feet of living space, a pool and 1 bedroom, 1 bathroom cottage with 540 square feet of living space.
- The lowest priced sale in the area for the year to date closed for $3,650,000. The home with three bedrooms and two and a half baths on Pa’ani Place is located on a large .876 acre lot.
- The median price of this year’s Spreckelsville home sales is $4,950,000. The average price of the this year’s home sales is $5,920,000. For the same period of last year, the median sales price and average sales price were $3,450,000 and $3,423,714 respectively. Homes in Sprecks aren’t exactly cookie cutter, so it would be a mistake to attribute the big increase in median and average price solely to increased values. The size, lot size, condition and location of the homes sold is also a big factor in the increased average and median prices.
- Three of the homes sold this year are located in the Old Spreckelsville area (Laulea and Pa’ani) and two homes sold are located in E Paepae Ka Puko’a (The Spencer Subdivision). Two of the three old Sprecks homes that sold are oceanfront properties.
- Both lots that sold for the year to date are located in the E Paepae Ka Puko’a subdivision.
- For the better part of the past decade, a number of homes in Spreckelsville sold prior to going to market. That trend continued this year. Two of five homes went under contract prior to hitting the MLS.
- All seven purchases in Spreckelsville thus far this year were cash transactions.
Market Outlook for the Rest of 2022
It’s difficult to forecast market conditions for the rest of the year with any sort of certainty. The market is clearly transitioning from the frenzy of 2021 and the first quarter of 2022. On Maui in general, fewer properties are going under contract as higher interest rates curtail demand. That said, the luxury home market tends to be less interest rate sensitive than other markets. The fact that all sales reported this year in Spreckelsville were cash transactions would tend to support the idea that higher rates would have a minimal impact. Overall economic conditions, the state of equities markets and other factors are likely to be bigger market drivers.
On the supply side, there are currently three active listings on the market. All three properties are pretty extraordinary, and the pricing reflects the quality of the offerings. Both homes listed have asking prices over $9,000,000. The one condo listing in Sugar Cove is a stand alone beachfront building listed for $17,000,000. Buyers hoping for inventory at the lower price points of the Sprecks market in the Sprecks V neighborhood won’t find any options currently. That said, our office is aware of a few properties coming to market in Old Sprecks in the near future. That should give buyers some options at lower price points than the current inventory.
Contact The Maui Real Estate Team
If you are in the market for property in Spreckeslville, contact the Maui Real Estate Team. Our agents know the market well. We would be happy to discuss current inventory or anything we know about that may be coming to the market in the near future. You can find more photos and details on the current inventory of Spreckelsville Real Estate Listings on MauiRealEstate.com.
Maui Real Estate Blog
The Oasis Spreckelsville
We are proud to bring the Oasis Spreckelsville to market. Every square inch of the property well conceived and intentional. Every fixture, material, appliance, furnishing and planting carefully curated. All elements of construction precision crafted. The home and detached garage with second story apartment are nestled amidst an assortment of water features and purposeful outdoor spaces. It makes the home well suited to either quiet contemplation or entertaining a group of friends or family.
The main home features two bedrooms with ensuite baths, a third bathroom, a formal dining area and an expansive kitchen/great room. The Italian designed Boffi Kitchen has beautiful marble countertops, Corian cabinetry and Gagneau appliances.
Baccarat Chandeliers punctuate the living and dining room areas.
Boffi sinks, fans and showers, Dornbracht fixtures and Flos lighting are among other design choices that complement the nearly flawless craftsmanship. Reclaimed, oiled teak floors, book matched marble counter tops and baths continue the theme of simple elegance.
The well cultivated, detached studio apartment offers finish and fixtures equivalent to the main house and one of the coolest “hidden kitchens” around. It is a perfect guest space or even a fantastic home office.
The pools of the property offer beauty, tranquility and refreshment. The zero edge main pool is a natural entertainment space. The 64 foot lap pool is a lot more than just a work out space. It serves as a reflection pool for the lush landscaping and exterior artwork. The 6′ x 12′ garden soaking tub is a salve for the soul. A fourth water feature with fountains creates additional sensory pleasures. Multiple outdoor showers offer a place to rinse off when coming back from the beach.
Other outdoor highlights include a kitchen/barbecue area overlooking the main pool, a covered patio area that provides a rain or shine space to enjoy tradewinds, bird song and surrounding foliage. Extensive additional lanai areas make for good spaces for morning coffee or tea or an outdoor dinner party. The lush tropical landscaping thrives with surprisingly little maintenance. The landscaping combined with privacy fencing make you feel like you truly are in your own little oasis.
Contact The Maui Real Estate Team for More Information
The Oasis Spreckelsville listed turnkey for $9,800,000. Check out the Oasis listing page for additional photos and details. Watch for additional content on this property on our blog. A video is in the works and there are tons of stunning photos not featured on the MLS. Contact The Maui Real Estate Team for additional information or to set up a showing.
Maui Real Estate Blog
Sugar Cove Building 6, The Guest Suite
Last month, our broker Billy Jalbert and agent Martin Lenny listed a truly extraordinary property. This is the first time a whole building at Sugar Cove on Maui’s North Shore came to market. The owners combined two of the three units into a truly luxurious primary living space. The sellers opted to keep the third unit separate as its own guest living space. Today’s blog focuses specifically at the guest unit and its many amenities that make it a condo of distinction and luxury in its own right.
The guest suite or unit C offers four bedrooms. Two of the bedrooms include en suite baths, Two bedrooms share a bath. There is also half bath downstairs along with a laundry area, a writing / desk space in the living room and complete high-end kitchen.
The kitchen includes Hans Grohe Fixtures, imported granite counters, custom maple cabinetry and gourmet appliances. The views from the kitcken over the living room aren’t too shabby either.
Two of the four bedrooms offer stunning ocean views. The ocean view bedrooms also have ensuite bathrooms and access to the second story lanai. The two non-ocean view bedrooms are spacious and comfortable. They share a bathroom. Vaulted ceilings, recessed lighting and a bamboo ceiling treatment enhance the vibe of all four guest bedrooms. While there may be a few arguments about who gets the rooms with ocean views, even the most finicky of house guests will be hard pressed to complain about any of these bedrooms.
The bathrooms include custom maple cabinets, imported granite and Hansgrohe fixtures.
The beautiful wood work throughout the home is apparent from the moment you walk up to the custom Koa front door. The flooring in the living room kitchen and bedrooms are Cumaru wood. As mentioned above, the custom cabinetry and shelves throughout the home are Cumaru and Maple. A stunning custom, hand made Cumaru staircase leads to the second floor. The lanai area decks are beautiful and durable Ipe.
In addition to the visually compelling features of the home, there are a number of features that keep guests comfortable throughout their stay.
- Triple glazed low-E windows for storm integrity, soundproofing, and energy efficiency
- Walls and attics insulated for comfort and energy efficiency
- Central Air Upstairs keeps the bedrooms cool and comfortable
- Programmable water recirculation systems for instant hot water
- Energy efficient & programmable water heaters
- Water filtration & RO systems
- High speed wi-fi and smart-house systems throughout; Lutron lighting; Sonos audio
- 2 large screen TVs
These are just some of the high quality upgrades made by the owners.
If guests enjoy ocean sports, there is plenty of space to keep all of their toys. There is storage for 18 surfboards & windsurfboards and 10 rigged windsurf sails. With the wind and waves of Sugar Cove right out the back door, there is ample opportunity for fun.
The whole building 6 of Sugar Cove is offered for sale for $17,000,000. Take a 3D tour of the guest quarters and the rest of the building here. Check out the Sugar Cove Building 6 listing page for additional photos and details. Contact The Maui Real Estate Team to discuss the property with one of our agents.