Maui Real Estate

70 Hale Alii Place

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Located in sought after Wailea Fairway Estates, this stunningly beautiful home is a residential work of art, with every detail designed to create an elegant yet comfortable lifestyle.

Impressive landscaped grounds boast a sun drenched pool and spa, lush tropical plantings, ultimate privacy and a soothing waterfall.

Just moments away from world renowned beaches and the incomparable Shops of Wailea, this architecturally designed home balances entertainment spaces with relaxed everyday amenities. Custom built by current owners in 2001, this private retreat has been meticulously maintained and nurtured to create an oasis of peaceful serenity.

Enjoy ocean views from the living room, kitchen and master suite which all open to a large covered lanai.

The gourmet kitchen with five burner gas cook-top and top-of-the-line appliances makes entertaining a joy. Besides the large master suite there are three other bedrooms. A spacious family room open to the lanais leading to the tropical pool and spa.

Truly a tranquil hideaway seamlessly integrated with the natural beauty of the island of Maui.

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70 Hale Alii Place

Hansen Ohana Economic Report

Hansen Ohana Family MauiWe attended a recent economic report from Paul Brewbaker at the State of Hawaii 100 Top Realtors meeting on Maui in June.

At that meeting Mr. Brewbaker reported that Maui should fare well in home price increases over the next several years. He feels that price increases should be in the 7% to 10% range until at least the early 2020’s. As you recall we had unsustainable increases in prices in 2004, 2005 and 2006 which was over 20% per year. That is what creates a bubble.

Our current increases in prices at 7% to 10% are sustainable at least for the short term. This is especially true for Maui as the demand for new housing is estimated at over 850 units per year (not even including mainland and foreign buyers) but there are estimated to be only about 350 permits issued per year.

With the projected increases in interest rates and the small increases in rates recently it should spur some buyers who have been sitting on the sidelines.

Paul Brewbaker’s idea on a way to increase affordable housing is to encourage developers and anyone to go ahead and build as many homes as possible at or below the median sales price which is currently at $575,000. The current County rules on affordable housing are resulting in less affordable housing, not more.

The County currently wants developers to provide 50% of any subdivision to be (in their definition) affordable, which is even lower than it should be. This seems to have pushed developers to pass on building on Maui and build where there are less restrictions.

So what it does all mean? Supply and Demand. Economists’ indicators are for increasing prices.

Maui Kula Lavender

A Day Upcountry

Most people think of Maui and imagine the beach with beautiful sunsets, warm ocean water, and sandy beaches.  Maui has a beauty that doesn’t get the same attention their beaches may get.  Known as Upcountry, there are a variety of organic farms, places to eat, and shopping to enjoy.

Kula Country Farm has delicious strawberries as well as other fruits, vegetables and flowers.  The Kula produce stand is located on the slopes of Haleakala offers fresh produce that is replenished daily.  The pumpkin patch and Christmas at the farm are two family friendly events.  Make sure to check their website for dates and hours of operation.

If you’re looking for something truly unique, you may want to try the tour at Organic Ocean Vodka.  Open daily from 9:30 am to 5:00 pm, tours run every 30 minutes with the last tour starting at 4:00 pm.  A great lesson in sustainable farming and preservation of the land and ocean, ticket prices range from $10 to $25 ($25 includes lunch).

In need of a pick me up?  Stop at Grandma’s Coffee for some organic coffee and fresh-baked goods.  Open 7 days a week from 7:00 am to 5:00 pm. Sit on the outdoor deck and enjoy the views of the ocean and mountains!  Surfing Goat Dairy has gourmet cheeses, goat cheese truffles, and some yummy cheesecake.  Bring your appetite with you!  It’s also a great place to get a gift basket!  Check their website for hours of operation.

After you get your fill of food and treats, you will want to do some shopping in Makawao.  Makawao Fine Art Gallery was founded in 1986 and has become one of the finest galleries in Hawaii. Works displayed are both local and nationally known artists.  At Worcester Glass Works you can watch the glass making process.  Original works sold on site in the shop!

Every third Friday, Maui Fridays is happening in Makawao.  Enjoy music, entertainment, activities,  and shopping.  A fun family event that everyone will enjoy.  Nights tend to be chilly so be sure to bring a light jacket!

Maui 4th of July Fireworks Celebration in Lahaina

Happy 4th Of July

 

We wish everyone a safe and Happy 4th of July!  Enjoy!

Ulalena Anniversary

 

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Ulalena is celebrating 15 years!  Special KamaAina ticket pricing available for $20!  Ulalena shares the rich history of Hawaii through music, dance and instruments.  Named the Best Cultural Production in Maui (Readers Poll 2013) it’s a wonderfully entertaining way to become educated as well as entertained.  Leave with a better understanding about the spirit of Hawaii.  Tickets are available to purchase at mauitheatre.com.

 

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