Just Reduced $125k!!! MAUI MEADOWS ESTATE $1,850,000

Panoramic View Maui Estate
Pool/Tennis Court/Gardens/Art Studio/ Koa Wood Kitchen


634 Laniolu Place, Maui Meadows
Offered at $1,850,000

Enjoy tranquil breezes, and spectacular unobstructed ocean views from this recently remodeled, exquisitely landscaped, and pristinely maintained 3Bedroom/3.5Bath home.

A peaceful and privately situated Hawaiiana style estate pearched atop Maui Meadows. Unique features throughout including 11ft deep swimming pool, spa, tennis court, Art studio, two offices, Solar Hot Water Heater, Koa Wood Kitchen, New Stainless Steal Energy Star Appliances, Aquarium, stainglass windows, New Roof in 2010, Fruit trees, Vegtable, Rose, and Walking gardens, Koi Pond Storage area, 2 car garage, sold partially furnished and more…

LINK TO MLS 356041

Play VisualTour

LINK TO VIRTUAL TOUR


634 Laniolu is one of only a handful of South Maui homes
that feature a Private Tennis Court!

This charming and well cared for home offers great opportunities for a family vacation compound or full time Maui residence. If the buyer wishes, there is an area downstairs able to be converted to an attached Ohana.

If you are in search of your own piece of paradise… look no further than this charming South Maui estate.

Easy To Show! Please call or email me to schedule a showing!
Brought to you by Coldwell Banker Island Properties-Shops at Wailea
Meghan Clair Realtor(S), EcoBroker

New Wailea Post Office Location

HERE’S A NEW REASON TO MOVE TO WAILEA MAUI…
IT’S VERY OWN POST OFFICE!

Postal and Office Services
Postal Services
Mail Boxes with 24 Hour Mail Access, plus Forwarding Service Available to Mainland!
Authorized Federal Express agents, plus US Mail and Postal Services, UPS, Packaging, Packing, and Shipping

Office Services – Copying, Printing, Internet, Email Access, Scanning, Faxes

24/7/365 Secure Access to your Post Office Box – Pick Up Your Mail Any Time

Wailea Gateway Center, serving Wailea, Makena, and Kihei – –
10 Wailea Gateway Place, Suite B101, Wailea, Maui, Hawaii 96753

Contact: Waileapostalandoffice@gmail.com
Phone: 808-633-4909
Fax: 808-214-5190

LINK TO MAUI WEEKLY ARTICLE

For more information on South Maui area or South Real Estate please contact Meghan Clair Realtor (s) EcoBroker with COoldwell Banker Island Properties Shops at Wailea.

Real Estate Update and Stats from Realtors Association of Maui

Below are the updates, statistics, and market summaries provided by the Realtors Association of Maui for February 2012. Key excerpts from the entire report have been cut and pasted to this blog for quick review. Enjoy!
Here is a LINK TO THE ORIGINAL ARTICLE IN FULL

Maui February 2012 Sales Statistics

February’s Sales Volume – February’s Residential Sales rose to 77 homes sold, while Condo Sales declined to 79 units sold. Land sales came in at 12 lots sold.

February’s Median Sales Prices –The Residential home median price rose significantly to $535,000, while the Condo median price declined to $287,000. Land median price was $333,925.

Days on Market Residential homes = 150 DOM, Condos = 172 DOM, Land = 371 DOM.

IN A NUT SHELL…… the good, the bad….. AND THE ROAD AHEAD ……
Well priced properties are attracting multiple offers making for a quick sale. Inventories have declined 14-22% over the past 12 months in Residential and Condo classes. Many short sales and REO (bank owned) properties will need to be absorbed as sales before we can move ahead to a more normal marketplace. Interest Rates are remaining near historic record lows which may help motivate would-be Buyers to go ahead and buy IF they can qualify. Current World and US events will have ripple effects on cost of living, consumer confidence, and our Real Estate Market.

FOR SELLERS

Sellers who don’t really need to sell (just “fishing?”) should stay off the market, and clear the
marketplace for those who REALLY have to sell. UNLESS- you are motivated to Upsize, Downsize or
Upgrade – While selling now will “net” less, your next property will cost less. Sharpen your pencil, talk to your CPA and Realtor® to explore the hidden benefits or consequences. Make no assumptions that will sting later.

To be successful, Sellers need to beat competing properties with better property condition, REALISTIC pricing, good marketing, and flexible, creative terms Days on Market figures show that properties priced right will sell in a reasonable timeframe. “Priced Right” is still the determining factor.

THE BEST Deals are selling, everything else is getting old.
Pro-Active Sellers are getting their properties appraised, inspected and surveyed in advance to encourage realistic offers from knowledgeable Buyers. This can prevent unanticipated escrow fallout or Buyers whittling your price down during the transaction when previously unknown facts come to light. Unrealistic Sellers continue to be ignored by the market and miss current opportunities that later become woefully apparent.

FOR BUYERS

Very Low interest rates prevail, however could inch up. Buyers should get Pre-Approved so
they can shop in confidence (fewer last minute disappointments due to non-funding loans).
More “short-sales” and foreclosures are happening in the marketplace, yet they can be less of a bargain than they seem, requiring more hurdles to leap and more time (often 4-6 months) to close, if at all. Be prepared, but BE REALISTIC. Lenders are much more stringent now on requirements for loan approval.

First-Time Home Buyers – Many programs are available….. Attend a First-Time Home Buyers workshop, get familiar with the process, get qualified/approved, do your homework to get your own home. Many current ownersnever thought they would be able to own until they attended a workshop, discovered they could own a home, and are glad they did.

This low point in the market is your rare chance, so check it out carefully.

Meghan Clair is a Realtor at Coldwell Banker Island Properties Shops at Wailea Office. She is pleased to represent you in the sale of your home or as a Buyers agent on any Maui Property! Please contact Meghan for more details.

Meghan Clair
Realtor (S), EcoBroker
Coldwell Banker Island Properties
MauiGreenRealEstate@Gmail.com
(808) 874-8668 office
(808) 463-8485 cell

Andaz Hotel Wailea-Maui’s Amazing New Oceanfront Resort


Construction has Begun on the New Andaz Hotel Wailea! Here is some insight into this unique chain of Luxury Resort Hotels soon to welcome visitors in beautiful and exclusive Wailea, Maui Hawaii!

It’s official! The cob-webbed Wailea Renaissance hotel on Maui is now slated to be a Hyatt-branded Andaz hotel after $90 million in renovations and two years. The property, which is currently owned by Starwood Capital, was previously scheduled to be a Baccarat Resort, before the downturn in economy forced a pull-out.

ANDAZ WAILEA, MAUI
The Andaz Wailea Resort and Residences will feature 255 rooms, 35 suites and six four-bedroom villas. Andaz Wailea will include an assortment of world-class amenities including:

•A three course meal specialty restaurant
•Several relaxing outdoor pools
•A 15,000 square-foot spa
•State-of-the-art fitness facility


Andaz Wailea Resort and Residences will be located along 600 feet of Mokapu Beach in one of the most sought after leisure and resort destinations in North America. The Wailea master plan includes a 1.2 mile-long oceanfront beach path connecting all of its world class beaches, a premier shopping center, distinguished restaurants and a 54-hole golf club and a tennis club.

“The opportunity to develop a world-class resort along one of Hawaii’s most desirable beaches is unique, and we are delighted to partner with Starwood Capital, a company with a long history of designing and building world-class hotel and resort properties,” said Hyatt Hotels Corporation President and Chief Executive Officer Mark S. Hoplamazian. “Andaz Wailea will be a great addition to Hyatt’s resort portfolio and an important new market for Andaz.”

MORE THAN A HOTEL
At Andaz, we’ve set the stage to indulge your creativity with a local venue illuminated by a kaleidoscope of culture embedded in our walls.

Each hotel features the most adventurous, globally influenced design, yet also inhabits the sights, sounds and tastes of its surrounding neighborhood. There’s a creative vibe of a city hot spot infused with a worldly sense of something bigger. And a pulse centered around what’s going on inside and outside its doors. With it comes the authentic, intimate feeling that you’re in a place quite unlike anywhere else in the world. Come share your passions with like-minded individuals. And experience a truly local point of view.


Blessing of ANDAZ, Wailea
PERSONALIZED SERVICES AT ANDAZ
DINNING AND ENTERTAINMENT AT ANDAZ
MEETINGS AND EVENTS AT ANDAZ
EMBRACING LOCAL CULTURE AT ANDAZ

Other Andaz Locations Worldwide:
USA
California
Andaz San Diego
Andaz West Hollywood
New York
Andaz 5th Avenue
Andaz Wall Street
England (United Kingdom)
Andaz Liverpool Street
People’s Republic of China
Andaz Shanghai

For more information on ANdAZ hotel Wailea or property for sale in the surrounding resorts contact Meghan Clair of Coldwell Banker-Wailea Shops Office. Meghan specializes in assisting Buyers find THE BEST South Maui Oceanfront and Luxury Investments.

She is pleased to represent you as a Buyer’s Agent on any unique Maui home or condo.

Meghan Clair
Realtor (S), EcoBroker
MauiGreenRealtor@Gmail.com
Coldwell Banker Island Properties-Shops at Wailea
(808) 463-8485 Direct Phone
(808) 874-8668 Office Phone

Excerpts for this Blog post obtained at www.bohawaii.com , www.justluxe.com, & www.andaz.hyatt.com and www.google.com/images

Maui News Article: Home Sales & Prices are UP for 2011


*excerpts from this blog post taken from online Maui News article:
Statistics: ’11 valley for real estate market
January 10, 2012 / By Harry Eagar

Was 2011 the year the real estate market touched bottom and started back up? Statistics published by the Realtors Association of Maui and released Monday suggest it might have been.

After four years of decline and a flood of foreclosures and short sales, the average price of a single-family house on Maui went up 5 percent to $787,552 during 2011. The number of sales rose 10 percent from 817 in 2010 to 898 last year.

Terry Tolman, chief staff executive of the association, said strong sales interest is being confirmed by actual reported sales, “with multiple offers competing for well-priced properties.”

There are still plenty of lender-owned repossessed properties and desperate underwater owners trying to escape via short sales out there.

Broker Billy Jalbert at The Maui Real Estate Team writes a blog about conditions, and he noted this week that half of all single-family sales in December and two-fifths of condo sales were either short sales or bank-owned properties. “It is safe to say buyers are still looking to the bank-owned and short-sale market for opportunities,” he wrote.

For years now, Tolman has been cautioning that until the overhang of distressed properties is worked through, the market cannot return to normal, whatever that is.

Still, prices are low now, even if they go lower still, and mortgage rates are very low So he believes now is a chance for “Maui’s worker bees” who want to own their own homes to buy at comparatively low prices and absolutely low interest rates.

But in doing that, the buyer should be prepared to buy and hold – “at least five years” – and not try to get rich quick, he said.

MAUI HOME VALUES/NUMBER OF SALES WENT UP ISLAND WIDE
In Spreckelsville, Paia and Kuau, (about two dozen sales of single-family homes) average prices zoomed 92 percent from $595,000 to $1.1 million. Somewhere in between were Pukalani (five-dozen, single-family home sales), up 8 percent to $515,000; and Lahaina (about 40 sales), up 17 percent to $967,000.

LUXURY MARKET IS APPRECIATING QUICKLY!!!
Median prices are thought to give a clearer picture, because they are not affected when prices at the very top end are rising faster than the overall market, which was the case in 2011. Kapalua average prices were up 25 percent to $4.3 million; and Wailea-Makena averages were up 20 percent to $4.5 million. Wailea-Makena medians were up 32 percent to $2.3 million.


Makena, Maui Golf Course views of Molokini

HERE IS A LINK TO ALL THE HOMES FOR SALE IN MAKENA AND WAILEA
WAILEA/MAKENA MEDIAN PRICES ARE UP 32%!!!

CONDOS
“The lower ends of the market for homes and condos have relatively limited inventory. As you start to go up in price, you see a greater range of inventory.”

Tolman has an explanation for that: “The majority of condos on Maui are second homes or investments and experienced a steeper price drop as Mainland owners ‘let go’ of them in order to keep their ‘primary’ residences on the Mainland.”

Still, he noted, not all condominiums are for the well-to-do. For aspiring homeowners who find $250,000 too high, a lower-priced condo can be the ticket in, he said.

If Maui real estate prices start going up again (which has been the long-term trend, no matter what the past five years have shown), then the appreciation could generate the down payment that is often the obstacle to buying a single-family house for working people.

For the moment, not only Maui’s real property economy but the general outlook seems to be rosier than it has been for a while.

____________________________
For more information on the Maui Real Estate Trends or assistance in finding the best deals on Maui contact Meghan Clair!

EcoBroker, Realtor(S) Meghan Clair of Coldwell Banker-Wailea Shops Office specializes in assisting Buyers find THE BEST South Maui Oceanfront and Luxury Investments.

She is pleased to represent you as a Buyer’s Agent on any unique Maui home or condo.

Meghan Clair
Realtor (S), EcoBroker
MauiGreenRealtor@Gmail.com
Coldwell Banker Island Properties-Shops at Wailea
(808) 463-8485 Direct Phone
(808) 874-8668 Office Phone

LINK TO MEGHAN CLAIR ON FACEBOOK

Maui Oceanfront Properties For Sale December 2011

Maui December 2011 Oceanfront homes and condos for sale island wide!

From expansive oceanfront luxury estates to more affordable vacation rental condos, it’s no secret that Maui offers some of The Best Ocean Front Property ownership opportunities in the entire world!

Here are links to everything currently on the market!

Homes: South Maui West Maui North Shore

Condos Under $1M: South Maui West Maui

Condos Over $1M: South Maui West Maui

EcoBroker, Realtor(S) Meghan Clair of Coldwell Banker-Wailea Shops Office specializes in assisting Buyers find THE BEST South Maui Oceanfront and Luxury Investments.

She is pleased to represent you as a Buyer’s Agent on any unique Maui home or condo.

Meghan Clair
Realtor (S), EcoBroker
MauiGreenRealtor@Gmail.com
(808) 463-8485 Direct Phone
(808) 874-8668 Office Phone
Coldwell Banker Island Properties