maui real estate: Maui Real Estate News: December, 2016 - 12/31/16 09:39 PM
Aloha and hau'oli makahiki hou from Maui!
As we usher in 2017 tomorrow, I want to thank my friends, clients and colleagues for making 2016 such a remarkable year.  
After nearly 20 years in this profession, I am constantly falling in love with Maui over and over again.  I am so thankful to work with amazing people--clients, lenders, escrow officers and fellow real estate professionals.
This month in December, as we gear up for our busy season, I found myself writing about several neibhorhoods in Kapalua: the Kapalua Ridge Villas, the Coconut Grove on Kapalua Bay, and the Montage Residences, Kapalua Bay.  Additionally, we have the pleasure … (3 comments)

maui real estate: Maui Real Estate: Headlines for the first week of December, 2016 - 12/11/16 05:23 PM
Maui Real Estate News and Updates
Highlights of Maui Real Estate Listings and Updates for the first week of December, 2016
By Courtney M. Brown, R(S) Island Sotheby's International Realty
The View from Kaanapali Alii 4-1002, Kaanapali, Maui 
This weeks posts include an overview of how Maui County defines a short term or Transient Vacation Rental (TVR), and how short term rentals are handled in some of Maui's residential and apartment districts, as well as an update on Alaeloa specifically relating to rentals.  
The county of Maui has just issued a new ordinance to specifically address short term or TVR rentals at Alaeloa, a popular West … (13 comments)

maui real estate: Market Spotlight: West Maui Oceanfront and Beachfront Homes - 09/28/16 02:16 PM
Market Spotlight: West Maui Oceanfront and Beachfront Homes
It's everyone's dream...well, at least almost everyone that I meet with during the course of my work--to live by the beach...I see posts on instagram and facebook of idyllic settings with, "Life is short, buy the beach house".  If you're going to do it, there's no better place to live by the beach than Maui.
Consistently rated amongst the top islands in the world, Maui is a destination that is attracting second homeowners that may have considered purchasing outside of the US for several reasons not limited to but including the legal system of property ownership, currency, … (3 comments)

maui real estate: Kapalua Real Estate | Mid-Year Market Update 2016 - 08/18/16 03:31 PM
Kapalua Mid Year Real Estate Market Update
Kapalua is one of Maui's most desirable destinations.  Home to two award-winning flagship hotels, the Montage Kapalua Bay Hotel and Residences and the Ritz-Carlton® Hotel and Residences, Kapalua, the resort offers a variety of real estate opportunities including homes, land, condominium residences, and luxury 1/12 fractional ownership.
The Mid-Year market update details active listings, pending sales, and compares sales through the second quarter of 2016 with those of 2015.
Read the full Kapalua Market Update here.
 
(5 comments)

maui real estate: Coconut Grove Kapalua Condos for Sale: Kapalua Market Update June 2015 - 06/11/15 03:45 PM
Coconut Grove Kapalua Luxury Condominium Market Update, June 2015The Coconut Grove, situated on Maui's Kapalua Bay is one of the most sought after communities in the Kapalua Resort.  
This small enclave of just 36 villas in nine buildings overlooks the beloved white sand crescent beach.  There are three ocean view buildings (residences 1-12) and six oceanfront buildings (residences 13-36).  Each building is home to four condominium residences, each a different floor plan.
At the time of this post, there are just four condominium residences for sale:Coconut Grove #9, 3B/3B, an ocean view, ground floor residence,  plan 1, recently reduced to $3,750,000Coconut Grove #15, 3B/3.5B, an oceanfront, ground … (2 comments)

maui real estate: KAPALUA REAL ESTATE MARKET UPDATE | MARCH, 2015 - 03/17/15 12:27 PM
Kapalua Real Estate Market Update | March 17, 2015 The Kapalua Resort is comprised of four residential neighborhoods and seven condominium communities. There are 755 condominiums and 243 home sites in the Kapalua Resort.  It should be noted that some have been combined to create larger lots, and there are oceanfront 3 parcels that are not part of a subdivision. The following is an update on the Year to Date Market:
Kapalua Market Overview CONDOMINIUMS Active Listings: 72 Condominiums.  Asking prices range from $630,000 to $5,395,000.  Total Listing Volume: $130,546,788 Pending Sales:  6 Condominiums. Asking prices range from $675,000 to $4,750,000.  Total Pending Sales … (0 comments)

maui real estate: Kapalua Resort: The 2013 Year End Market Report - 01/24/14 11:26 AM
The Kapalua Resort 2013 Year End Market Report is now available

When examining 2013 as it compares to 2012, it's noteworthy that there were fewer sales, at higher average prices and a significantly higher sales volume.
In reviewing the last decade, the number of sales peaked in 2004, while the peak of the market in terms of average sales prices and volume was in 2006/2007.  The question everyone has asked since the peak, is when is the bottom.  In reviewing the data it appears that for Kapalua real estate, it was in 2012.
Highlights:
Kapalua Real Estate: 53 sales in the … (0 comments)

maui real estate: EXTRAORDINARY. MAUI. Introducing 1206 Summer, Pineapple Hill, Kapalua - 10/02/13 09:50 AM
Introducing 1206 Summer Road in the gated community of Pineapple Hill in the Kapalua Resort on Maui.
 

This beautifully decorated home is situated overlooking the 11th green of the Kapalua Bay Course, with panoramic ocean and island views.  Oriented to the west to take advantage of our incredible sunsets, the house has spacious lanais surrounded by tropical gardens.  
The Pineapple Hill community is located in the heart of the Kapalua Resort.  Originally comprised of 99 homesites, 31 additional lots were annexed in as Pineapple Hill Estates in 2000.  Pineapple Hill and Pineapple Hill Estates owners have access to … (2 comments)

maui real estate: Warmest Holiday Wishes from Kapalua, Maui! - 12/24/12 10:09 AM

As the holidays approach, Kapalua is awash with palm trees with sparkling white lights. The Ritz-Carlton, Kapalua is a favorite destination for visitors and locals alike, with thousands of twinkling palms. The winter swell brings large waves to Maui's famous Honolua Bay, and people line up along the cliffs to watch the surfers. And visitors from all over the world begin to arrive for a week or two of sunshine amidst a cold winter.
As we head into our busy season, the Kapalua real estate market traditionally picks up with new listings popping up across the resort in anticipation of the … (6 comments)

maui real estate: Foreclosure Update: Ritz-Carlton Club and Residences at Kapalua Bay - 11/29/12 05:46 AM

The Ritz-Carlton Club and Residences®, Kapalua Bay will be going to foreclosure auction on Monday,  December 3, 2012. On June 13, 2012 a notice of foreclosure was filed by the lien holders, and all sales of both fractional and whole ownership units were suspended. I plan on attending the auction in Honolulu and will post an update afterward to my blog.
According to the Commissioner’s website, the auction details are as follows:DATE: December 3, 2012 at 12:00 noon.LOCATION: Ewa end of the First Circuit Building (Ka’ahumanu Hale), 777 Punchbowl Street, Honolulu, HITERMS OF SALE: The auction will be held for a bulk sale, “As … (4 comments)

maui real estate: Spotlight on the Kapalua Bay Villas: August, 2012 - 08/28/12 08:08 AM
The Kapalua Bay Villas are nestled along the dramatic Kapalua Coastline in the heart of the Kapalua Resort.  Comprised of 141 one and two bedroom villas in 27 oceanfront and ocean view buildings, the Bay Villas are amongst the Resort's most popular vacation destinations. 

The Bay Villas are the only one bedroom oceanfront offerings in the Resort, and tend to be the most affordable oceanfront two bedroom properties as well.
At the time of this post, the following is a market update:
Active Listings:
14 One-Bedroom Bay Villas ranging from $738,000 to $1,495,000 9 Two-Bedroom Bay Villas ranging from $1,495,000 to $2,195,000 Sold:
Bay … (0 comments)

maui real estate: 2012 Maui County Property Tax Rates - 07/05/12 10:36 AM
Maui County has announced new property tax rates, beginning on July 1st, 2012:
 
Property taxes are based on the usage of the property. For example, if you were to be an owner occupant with the property declared as your primary residence, you would pay the Homeowner tax rate of $2750/million of assessed value. If it were a second home, or one that you rented out to a long term tenant, you would pay $5750/million of assessed value for a home and $6200/million of assessed value for a condominium. If it is a property that you vacation rent (anything less than … (0 comments)

maui real estate: Kapalua Maui: Real Estate Update June 2012 - 06/01/12 07:24 PM
June 1st, 2012One of the questions I’m often asked, is where do you go for vacations when you live in paradise? This year: Italy! And while, I LOVED Italy (the food,the wine, the art (David!), the countryside of Tuscany, the seaside towns in the Cinque Terre and Capri), there is nothing like returning to Maui. Sometimes it takes seeing a place with new eyes to really appreciate its beauty.I’ve returned home just in time for one of Kapalua’s biggest events, the 31st annual Wine and Food Festival. It will be held at the Ritz-Carlton, Kapalua June 8-10, 2012. For tickets and information, visit: … (6 comments)

maui real estate: Kapalua Real Estate: Market Update - 04/20/12 08:31 AM

Photo of the Ritz-Carlton, Kapalua, where we have a new listing at the Residential Suites.
Kapalua Real Estate: Market UpdateIt’s on everyone’s mind: “What’s going on in the market?” While trends are difficult to predict when data samples are small, I find the quarterly comparison of our market against the prior year to be insightful. We have definitely seen an increase in both the number of sales and sales volume. The impact of a record sale for $14,000,000 in the Plantation Estates in early 2011 serves to skew the data: without it, the volume would have been less than 50% … (2 comments)

maui real estate: Kapalua, Maui: Real Estate Market Update - 03/07/12 06:43 AM
March 7, 2012Spring tends to be the busiest time of year, and we are seeing increased visitors to Maui in general. According to the Hawaii Tourism Authority (www.hawaiitourismauthority.org), Maui began 2012 with visitor spending in January, the highest on record for that month. Total arrivals to Maui rose 8.7 in January 2012, when compared with 2011: primarily due to increases in visitors from Canada (+12.7%), U.S. East (+7.1%), U.S. West (+2%) and Japan (+7.1%). I found it interesting that the number of visitors was up from California but down from the other West Coast states of Washington and Oregon.With increased visitor … (0 comments)

maui real estate: An Eye on the Kapalua, Maui Real Estate Market: 2012 is off to a great start! - 02/10/12 02:45 PM
The Kapalua real estate market is moving along with nice momentum considering it is so early in the year. Last year, as of this time, the resort had just two sales for a total dollar volume of $4,583,300. This year, we have had 9 sales, with a total volume of $19,891,000.
So far, the sales in the Kapalua Resort have been concentrated at the low and higher ends of the market, with a low of $515,000 and a high of $5,000,000:
Kapalua Golf Villa 18P56: Listed at $559,000, sold at $515,000This is a two bedroom, renovated villa on the golf course. REO
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maui real estate: Latest Edition of Kapalua and West Maui Real Estate Newsletter - 02/09/12 04:55 PM
Aloha!
The latest edition of my Kapalua and West Maui Real Estate newsletter is now available online at www.LuxuryRealEstateMaui.com

In this issue,  you'll find updates taken from the Kapalua Resort Annual Sales Reports, which illustrate how sales in 2011 compared with prior years for the Resort in general, as well as by property type (Condominiums, Homes, Land), and by each individual neighborhood.
2011 continued the trend of 2010, with a concentration of sales at the low end of each market segment and record high sales. The average sale price for the resort was buoyed by two record high closings at the Plantation … (3 comments)

maui real estate: Courtney Brown, R(S): Now with Island Sotheby's International Realty - 01/29/12 07:09 PM
Aloha from Kapalua!
The new year is often associated with new beginnings, and for me, in 2012, that holds true. After nearly twelve years with Kapalua Realty, I have been offered a position with Island Sotheby's International Realty.
I will still be based in Kapalua, and continue to specialize in Oceanfront, Golf Course, and Resort Properties in Kapalua, Napili, Kaanapali, Launiupoko, and Wailea/Makena .
I am thrilled to be affiliated with a company with an incredible reputation locally and a global reach. Not only will you be able to view my listings and those on Maui on my website, but also … (5 comments)

maui real estate: Kapalua Bay Villas: New Listing and Market Update - 01/24/12 12:42 PM
My listing partner, Rob Shelton, and I are pleased to announce the listing of Bay Villa 31B3,4. This beautifully renovated, ocean view two bedroom villa overlooks the pacific ocean and has views of the neighbor island of Molokai and along the north coast out to Honolua Bay.  This property is offered beautifully furnished at $1,495,000.
The Kapalua Bay Villas community overlooks Oneloa Bay and has direct access to the sandy beach and the Kapalua Coastal walking trail. Comprised of 141 villas on approximately 16.5 acres, the Bay Villas amenities include three swimming pools, barbecue facilities, and tennis courts. 
At the time of this … (2 comments)

maui real estate: Maui Oceanfront Estate Up for Auction: 20 Hui Road E, Kahana, Maui - 12/23/11 11:47 AM
On Tuesday, January 17th, 2012 a spectacular oceanfront home will be up for auction through Grand Estates Auction Company.
Since 2000, there have been 18 oceanfront homes to sell in this area totaling over $110 million in sales. Sales prices in the Napili and Kahana area have averaged $6,134,722 with a low of $2,550,000 and a high of $13,700,000.   A small oceanfront point, just a few minutes south of Kapalua Resort, Hui Road E has always commanded high values for oceanfront--in fact, the average sales price for the last four homes to sell on Hui Road E was $9,412,500.
The current owner of 20 Hui Road E paid $8,000,000 in 2008 … (2 comments)

 
Courtney Brown, Realtor (S) Vice President, Live a Maui Life!  (Island Sotheby's International Realty) Rainmaker large

Courtney Brown, Realtor (S) Vice President

Live a Maui Life!

Lahaina, HI

More about me…

Island Sotheby's International Realty

Address: Napili Plaza, 5095 Napilihau Street, Suite 113A, Napili, HI, 96761

Office: (808) 665-1166

Mobile: (808) 250-0210

Email Me

Author Bio: Courtney Brown is a Realtor with Island Sotheby's International Realty in Maui, Hawaii. Courtney was born here in Maui and educated at Smith College. She specializes in Maui real estate, with a focus on second homes, oceanfront, and resort properties in Kapalua, Napili, Kaanapali, and West Maui. p> View all AR Posts By Courtney Brown Blog Google+ by Courtney Brown


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