Steven Nickens Maui Real Estate Blog: Maluhia At Wailea

Tuesday, August 7, 2007

Maluhia At Wailea

Wailea Maui Real Estate

Today’s feature property is Maluhia at Wailea. This amazing property is located on the beach next to the soon to be Baccarat Resort. The price on this home is $10,750,000. This beautiful home comes with all the bells and whistles. Featuring 4800sqft of living space with 4BR and 4.5 Bath. Exotic wood flooring and a kitchen any Chef would love to call home. The list of amenities is too long to list in this elegant Wailea Maui Estate for sale. Enjoy the private beach club and pool. Easy walking to Shops At Wailea and why you are there stop in to see Micah or Steven at Coldwell Banker Island Properties office. Steven or Micah can represent you as a buyer’s agent on this property. To view other Wailea Maui real estate for sale click on this link.Maui Wailea Real Estate for sale

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Maui Market

RELATED NEWS FROM THE WEB

The median price of existing single-family homes sold on Maui continued to hover around $650,000 in May, after spending most of last year in the $700,000s.
The May median was $650,150, compared with $729,000 in the same month last year, according to the latest statistics from the Realtors Association of Maui.
Sales were higher in May at 96 compared with 87 a year earlier.
The association reported that condominiums in May sold for a median $531,325, down from $600,000 a year earlier. There were 109 condo sales, down from 137 in the same comparable period.
Terry Tolman, the association's chief executive, said the market is a healthy one providing opportunities for both buyers and sellers.
"Expanded inventory and continued low interest rates provide plenty of options for buyers," he said. "Realistic sellers can beat competing properties with better property condition, careful pricing, good marketing and flexible terms. Unrealistic sellers will be left on the bench."
Because Maui's housing market is a small one with relatively few sales, a few high or low sales can have a greater effect on statistics without necessarily indicating a big market swing one way or another.
The Realtors Association of Maui last month also reclassified two large projects in Wailea as condos after previously counting them as single-family homes.
Tolman said the change was made to better categorize new hybrid types of residential projects that have elements of single-family and condo living. As a rule, homes with shared land ownership will be classified by the association as condos when they are on property zoned for resort or apartment use. Such condo property regime projects on land zoned for residential, rural or agriculture use will be included in the single-family home count.
Reach Andrew Gomes at agomes@honoluluadvertiser.com.
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Steven Nickens Maui Real Estate Blog

Tuesday, August 7, 2007

Maluhia At Wailea

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