Open Homes This Weekend!

Open This Weekend Friday, Saturday, and Sunday August 10th, 11th, and 12th 1:00 pm to 5:00 pm 370 Kai Malu~Wailea

Stunning townhome with many upgrades to complete your Hawaiian Retreat. This 3 bedroom 2.5 bath Wailea jewel is tucked away on a quiet cul-de-sac location in the loved Kai Malu community in close proximity to all resort activities, shopping and dining. The main level lanai allows for easy entertainment on it’s extended travertine lanai with wet bar and Jenn Air upgraded BBQ. The great room enjoys the open floor plan with dining area and well equipped kitchen. There is a third bedroom presently used as an office downstairs plus a half bath. Upstairs the ensuite master opens through new sliding glass doors to an ocean view lanai. Ocean views are also enjoyed from the bed. The master bathroom has an incredible soaking tub, double sinks, separate shower, rare ceiling fan and the addition of overhead lighting in the closets. The second bedroom with traditional window seat with custom cushion and the second bath are located at the other wing of the townhome. There is a tub in the second bathroom. Additional interior upgrades include gorgeous floors, pull-outs in the kitchen and master bath cupboards, upgraded light fixtures and ceiling fans throughout, California shutters on upper level, and a custom finished garage floor which helps minimize dust. The garage has access via a direct private driveway allowing more space for parking for 2 additional vehicles. Community amenities include an infinity edge pool and hot tub with awe-inspiring ocean views, kitchen cabana with BBQ grill, steam room, sauna, fitness center and library. Gated entrance at 6pm every evening and weekends.

Open Today, Friday August 10th from 9:30 am to 1:30 pm Kamaole One~Unit 12

RARELY AVAILABLE, TRUE BEACHFRONT 2 bedroom, 2 bathroom remodeled condo with breathtaking OCEAN VIEWS on popular Charley Young Beach. If you are looking to enjoy the tranquility of the lapping waves without the hustle and bustle of a large complex or resort hotel – look no further. Kamaole One is a boutique, vacation rentable complex with only 12 units and covered parking. This second floor,corner unit has no units above it and is mere steps to having your toes in the sand and enjoying a great day at the beach in Maui! Pride of ownership is evident throughout this lovingly maintained, beautifully remodeled and highly sought after unit. Available to show on short notice when not occupied by the many repeat guests who enjoy this fantastic condo with phenomenal ocean views. Kamaole One unit 12 is offered fully furnished – all you have to do is bring your toothbrush!

Open Homes Today Friday August 3rd

The Hansen Ohana proudly presents three properties available to view today, Friday August 3rd.

Open Today from 8:00 am to 1:00 pm Grand Champions Unit 143

Rare 3 bedroom, 2 bath ocean an golf course view turn key vacation rentable gem. All Wailea amenities apply. Come view it! Rarely available!

Open Today from 1:00 pm to 5:00 pm Wailea Fairway Villa T-103

Wailea Ocean View Condo overlooking golf course views to ocean sunsets. 2 bedroom, 2 bath and just moments to pool spa and fitness center. Partially furnished. Easy to view!

Open Today from 1:00 pm to 4:00 pm Wailea Steal! 370 Kai Malu Wailea Townhouse

Gorgeous 3 bedroom, 2 bath with extended lanai and wetbar. Pool, spa, gym, sauna, and steam rooms!

Kihei Garden Estates A202

Sought-after two bedroom two bath Kihei Garden Estates fully furnished vacation rental. Great condition, updated kitchen, storage and just steps to the beach and shopping. Nice pool and spa tub. Priced to sell. See slide show and 3D matterport for your private tour.

Open Homes This Weekend

The Hansen Ohana proudly presents two properties open this weekend for viewing. Call 808-280-1650 for gate access.

Open Today, Friday July 20th from 1:00 pm to 5:00 pm Wailea Fairway Villas T-103

Breathtaking ocean views! Private corner window adding additional light to this renovated condo. Beautiful bamboo flooring, upgraded light fixtures, recently painted two bedroom two bath condo. Partially furnished. Community amenities include pool, hot tub, full kitchen and BBQ area for entertaining, fitness center and gathering room.

Open Saturday, July 21st and Sunday, July 22nd from 2:00 pm to 6:00 pm 388 Pualoa Nani

This spacious 4,348 square foot Wailea home offers you comfort and seclusion. Access this beautiful home via a long private driveway. The main home consists of 4 bedrooms, 3 and 1/2 baths, gym and gourmet kitchen with chef gas cooktop, two dishwashers, wet bar, two pantries, beverage refrigerator as well as large refrigerator/freezer. The main living room overlooks the pool and gardens. The three main bedrooms are upstairs along with a sitting room. Two bedrooms share the same bath with double sinks and has lanai access. The master site is located on the other wing with a beautiful master bath and private ocean view lanai. Downstairs is an attached guest suite with an additional living room with access to the additional bedroom and bath. This large suite has a separate entrance and is perfect for in-laws, nanny, caretaker or guests. Travertine and wood floors and many other additional amenities make this the perfect property for someone looking for space and privacy.

July 2018 Newsletter

The Hansen Ohana Real Estate Group’s July 2018 Newsletter

We are thrilled to share with you that Bob and Clint were both recognized again this year as Top 100 Realtors for the State of Hawaii by Hawaii Business Magazine. With over 14,000 real estate licensees in the State this is a tremendous honor. They are the only father and son to both be recognized in the same year ~ 2018 was the second time they accomplished this feat.

LATEST REAL ESTATE STATS

Maui continues to show modest gains in real estate values over the last year. Lack of inventory is the number one issue facing Maui today. The average inventory decrease measured in months supply for Maui homes over the last year went from 6.2 months to 5.6 months supply for homes and went from 8 months to 5.2 months supply for condos. Pending sales have increased for all properties by 6.4% from the same time last year. This again shows the steady decrease of available inventory and increase in demand.

We continue to see increases in average homes prices island wide over the last year from $620,000 to $670,000 (an increase of 4.7%). There was an increase of average condominium prices (island wide) over that last full year from $421,000 to $465,000 (an increase of 6.9%). Over-all this is more evidence of a continued forecast of upward pressure on real estate prices. No one knows what will happen in the future, but affordability of homes may be hurt with continued increases in interest rates and home prices. The good news is that it really looks like there is no bubble in real estate prices like there was in 2007. Moving forward there may be a slight adjustment in the upper-end segment as new higher-end developer inventory in Wailea is coming back to the market as re-sales. Time will tell.

As always if you have any questions please email us at dad@mauirealestate.net or call Clint at 808-280-2764 or Bob at 808-283-9456.

In summary, while there is always local and International news that could affect the housing market, Real Estate has historically shown to be a store of value as well as one of the best ways to increase one’s net worth and family security. The current market appears sustainable into the near future.

WAILEA Updates:

TURTLE TRACKS

Many of us have noticed a new 7 passenger electric cart around Wailea and Kihei. This is a new transportation service and looks like a lot of fun. It is nice to know that you don’t have to rent a car to get around Wailea or Kihei.

SINGLE FAMILY LOTS AT GOLF ESTATES II

This new subdivision will be a part of the Wailea Golf Estates minus some Wailea benefits located just below the current subdivision. There are 16 lots of approximately 14,000 square feet each, with some having either ocean view or golf course frontage. The infrastructure is complete and sales, while a little slow, are happening. One developer built home is also currently in progress. Email us with your questions: dad@MauiRealEstate.net

MAKALI’I O WAILEA

This property is owned by Wailea Golf LLC and is planned to be co-developed by Armstrong Builders. It is located across the street and up from the Fairmont Kea Lani. The project is a sharp departure from the typical Wailea look. The look and feel will be mid-century modern with Hawaiian touches. There will be 17 buildings of 4 units each in a townhouse style. Most of the units will have grand ocean views and will be 2 or 3 bedroom homes with a garage. Pre-sales are over 90% sold and on-site breaking ground has begun.

MAKENA’S DISCOVERY LAND PROJECT

Makena’s Discovery Land gets the green light! We recently visited the newly approved project Makena Sunset which are now part of the Makena Resort with full club privileges. There are very few units available at around $12 million. We feel this is a special project with a fabulous location and ocean views. Makena Discovery Land will consist of 67 multifamily units: 18 single-family cottages, 26 custom lots, 9 vacation rentals and 14 condominiums. The project also allows for 27,300 square feet of commercial space. Have questions or interest? Call us for more information and a private tour: dad@MauiRealEstate.net 808-280-2764 (Clint) or 808-283-9456 (Bob).

HONUA KAI VILLAS NEW DEVELOPMENT

The opening of offerings of the first release of Luana Garden Villas l at Honua Kai Resort and Spa in Ka’anapali was very strong with over $60 million in sales since April 7th. There will be 72 three bedroom, three bathroom Villas with one car garages ~ 4 different floor plans available and are short term rentable. Construction has begun. We were impressed with the floor plans, finishes and location. Call us for more details.

MORE INFORMATION

Presently there are a lot of new developments at various price ranges, both residential and commercial, under way in Kihei, Kula, Kahului, Wailuku and West Maui. If you would like to learn about any of these new, current or future developments, contact us at dad@MauiRealEstate.NET

New law increases HARPTA (Hawaii Real Property Tax Act) from 5% to 7.25% for all transactions closing on or after September 15, 2018. For transactions closing on or before September 14, 2018 the 5% rate applies. What is HARPTA? “The Hawaii Real Property Tax Act: Hawaii Revised Statutes 235-68 seeks to ensure that non-residents of Hawaii – individuals and entities – report and pay applicable capital gains tax when they sell Hawaii real property interests.”

On another note the Wailea Community Association has notary services once again.

Please call us anytime if you or someone you know is considering buying or selling property on Maui. We look forward to hearing from you.

Warmest Aloha,

Bob, Clint and Donna

Bob Hansen, Realtor® Principal Broker

Clint Hansen, Realtor® Broker-in Charge

Donna D. Hansen, Realtor® (S)