The sweet real estate deals on Maui include pocket listings at Honua Kai and short sales at aina nalu and other Maui condominiums.
But first, the best of Wednesday's Caravan.
A "starter" home at 5 Iris Place, MLS 333326, in Kahana just north of Lahaina. Only in Maui can a $850,000 be considered a starter. It is 4 bedrooms and 2 baths in a nice residential community.
The ocean view, almost oceanfront, Kapalua Bay Villas condo, MLS 328962, we saw looks like a good long term investment. Kapalua resort is pushing its owners to upgrade to their new "Gold" standard. The last unit to sell that met the Gold standard sold for $1,300,000. This unit is listed for $1,049,000 and has a good rental history. I like Kapalua for a 4 to 5 year investment.
The deal of the week is at Honua Kai. This is a one bedroom, mountain view unit. The listing agent says the original developer price was $765,000. A desperate owner wants out and is will to take $715,000. Honua Kai is destined to be a great property with great appreciation potential. This is not in the MLS so email Lee@AlohaPotts.com for information.
To see the entire MLS on Maui, receive the Maui Real Estate Advisor or sign up for automatic updates visit Aloha Potts.com.
Mahalo and Aloha
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