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Independence Day brings the Real Estate Market back on Maui!

By Staff | Jul 1, 2010

A dream estate is available at 400 Welau Way.

Ask for the Best of the Best! Jim Harris and Mischelle Lawrence have witnessed the change in buyers’ confidence.

It is no wonder — prices have adjusted and made it a real buyers’ market. Anyone who has been waiting and watching Maui Real Estate for the last few years knows the prices could not be better. A perfect example is a real estate dream come true at 400 Welau Way. See the sea, the neighbor islands of Lanai and Molokai plus year-round sunsets. A single-story home with a pool, spa and two-and-a-half-car garage is just waiting for you to bring your golf cart and enjoy resort living at its best. This front-line property (pictured with this article) is being sold turnkey. It’s located in The Summit at Kaanapali, a prestigious, upscale, low-density, gated neighborhood. Unbelievably priced at $1,795,000, this is a property not to be missed.

Also available just a golf cart ride away is The Vintage at Kaanapali #147 — a freestanding condominium home with two-story living, with all of the living area (kitchen, bedrooms and baths) on the ground level. A spacious bedroom suite with private balcony and additional bedroom are located upstairs. This is the largest of all of the Vintage floor plans and a great value! Look at the price per square foot. Great ocean views from both levels! Jim and Mischelle are not only residents/owners at the Vintage, but they have been involved with all of the new Kaanapali developments in the last 20-plus years, starting with the residential neighborhood Kaanapali Hillside, The Masters at Kaanapali, Kaanapali Golf Estates, and the newest, most unique Kaanapali development, Lanikeha. A residential neighborhood with lots starting at $399,000, it has a recreational facility that boasts generous amenities, such as a gracious, welcoming lobby, an inviting lounge to relax or socialize and an entertainment room with kitchen facilities, all surrounding a grass courtyard. In addition, you will be able to enjoy a fitness pavilion along with a large swimming pool that has a waterfall and hydro-spa that overlooks the famous Kaanapali sunsets with vistas into the Kaanapali Resort, the Pacific Ocean and Lanai and Molokai.

If being on the ocean is important, Hale Kai is a small, two-story, quiet property with an oceanfront pool and barbecues. Unit #209 is a one-bedroom/one-bath with a large loft area. Priced to sell at $345,000, this is the only unit available in this very special property and should not be overlooked.

Other oceanfront properties where prices have adjusted significantly include Papakea Beach Resort. This resort has far too many amenities to name, such as multiple pools, putting greens, spas, barbecues and more. Whole ownership starts at $349,000. Leasehold for a one-bedroom and Time Interval Ownership can be purchased for as little as $4,000 per week (LH). The buildings in this property are only four stories, lending to the feel of low density with resort amenities.

Another Fee Simple property located directly on the oceanfront is a two-bedroom/two-bath Paki Maui #323. Priced at $795,000, it is in an active rental program, ready for occupancy or keep the income coming with this very reputable front desk operation. Touching the ocean, the location could not be better.

Kaanapali’s newest residential listing is a true estate family home with the Kaanapali Golf Course backing this property. Featuring great ocean, resort and outstanding sunset views, 33 Holomakani located in the Kaanapali Vistas is a residential property that exceeds all expectations. Attention to detail shows from the generous entertainment area around the pool to the oversized steam shower and many spacious living areas throughout. This is truly a one-of-a-kind opportunity and very easy to view. Be the first to see this incredible family estate being offered for the first time ever!

When it comes to buying or selling on Maui, we have 20-plus years experience helping our clients buy and sell real estate on Maui. It is truly a dream come true once you can say you have a place on Maui, and with the incredible affordable prices, there is something for everyone.

Remember to always “Ask for the Best of the Best” — James M. Harris Inc. (Broker) and Mischelle M. Lawrence, R(S) invite you to contact them personally to view these or any other fine Maui properties. Call (808) 280-1640 (cell), toll-free at 877-Jim-Maui (546-6284) or e-mail JimMaui@Maui.net.