Steven Nickens Maui Real Estate Blog: Papali Wailea Maui Luxury Homes

Monday, January 26, 2009

Papali Wailea Maui Luxury Homes

Papali Wailea Condominium Luxury Homes!

This is truly an exceptional Wailea Maui development. This project is set apart from most developments by its unique architectural design. 24 luxury condominium homes, with 3BR/3.5 BA. Set on 10 acres of beautifully landscape grounds, with amazing ocean views. The roof design gives way to an early Hawaiian plantation open beam ceiling design that creates great air flow through out the home.

The finishing featured Alaskan yellow cedar ceiling, African mahogany windows and door frames. The elegance of travertine stone, throughout the home. The kitchen offers European design kitchen cabinets, wolf appliance, and so many other quality features.

Papali offers one of the best private pools in Wailea. 75 foot infinity pool/spa pavilion and fitness center. This is one of the high lights of this project. I love the pool area and fitness center, a great place to meet with family and friends..

There are currently seven units remaining for sale. Unit 24 is the model unit with a new reduced price $3,548,000. New reduced prices $3,398,000 to $3,548,000. For additional information on Papali, Drop Steve a line. I work on the sales team on Papali and would be glad to assist you with any other information.

Aloha,

Steven NIckens R(S), GRI, ABR
The Wailea Group, LLC
3750 Wailea Alanui, Suite 5WE
Wailea, Maui, Hi 96753
www.nickensmaui.com
Email: nickens@maui.net
Cell: 808-280-2208

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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

Monday, January 26, 2009

Papali Wailea Maui Luxury Homes

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