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        <title>Maui Real Estate &amp; Lifestyle News</title>
        <link>http://www.luxuryrealestatemaui.com/blog/2024-03/</link>
        <description>Courtney M. Brown, Realtor (S) Blog: information on the Maui real estate market, trends, and listings. Homes, condos and land for sale.</description>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/maui-real-estate-spotlight-alaeloa-44.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/maui-real-estate-spotlight-alaeloa-44.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Maui Real Estate Spotlight: Alaeloa 44</title>
    <description> <![CDATA[ 
Introducing Alaeloa 44





Alaeloa is a hidden gem nestled along the picturesque coastline of Napili.  This tranquil and idyllic enclave is home to just 42 residences situated on 13 beautifully landscaped oceanfront acres.  


Alaeloa 44 is a beautifully renovated two bedroom residence with vaulted ceilings and a spacious lanai with views of the ocean and the neighboring island of Molokai.  Nestled in a mango grove, the property has the charm and feel of Old Hawaii.





Stunning Views  Stacking glass doors create a seamless living experience between the living room and lanai, with a focus on the view of the Napili  coastline and Molokai.





The kitchen is a dream beautifully remodeled to create a large kitchen island with seating for four, the kitchen features new appliances including a wine fridge





Dining Indoors or Outdoors, whether you prefer having your meals inside or out, both areas open to the view





A room with a view The oversized primary bedroom suite features large sliding doors that stack, to allow indoor-outdoor living with a focus on the ocean view.





Both bathrooms have been beautifully renovated





The spacious guest suite is large enough for two beds.  Vaulted ceilings and large windows make the room light and airy.


Where is Alaeloa?


Located on the western coast of Maui, Alaeloa surrounds a pristine bay with stunning views of the Pacific Ocean and neighboring islands. This intimate and secluded bay provides a private haven to relax, soak up the sun, and listen to the soothing sound of waves gently lapping against the shore. The calm waters are perfect for swimming, snorkeling, paddleboarding, kayaking and, in the winter, when the swells come in, surfing at the north end of the Bay.  Inland of the oceanfront pool is an owner's pavilion, surrounded by a mango grove.


Alaeloa's prime location in Napili makes it an excellent base for exploring Maui.  Nearby Napili Bay is one of Maui's most loved beaches.  Known for its crescent-shaped beach, it is anchored by the popular Sea House and Gazebo Restaurants.  Further North is the Kapalua Resort, which is home to the Bay and Plantation Golf Courses, the Kapalua Tennis Gardens, five beaches, hiking and walking trails, and The Montage Kapalua Bay and Ritz-Carlton Resorts.


Alaeloa is a leasehold property.  Read More about Leasehold Ownership


Snapshot: The Alaeloa Real Estate Market






Status


Community


Unit


List Price


Sold Price


SP/LP


Close Date


Beds


Baths


Liv-SF


DOM


$/Sq. Ft.


MLS 


LT




ACT


Alaeloa


38


$1,450,000


 


 


 


3


2


1,276


24


$1,136


401326


Leasehold




ACT


Alaeloa


41


$1,475,000


 


 


 


2


2


1,347


388


$1,095


398241


Leasehold




ACT


Alaeloa


44


$1,999,000


 


 


 


2


2


1,128


11


$1,772


401477


Leasehold




ACT


Alaeloa


26


$3,500,000


 


 


 


2


2.5


1,276


234


$2,743


399488


Leasehold




ACT


Alaeloa


28


$3,790,000


 


 


 


3


3


1,528


234


$2,480


399487


Leasehold




ACT


Alaeloa


9


$4,276,000


 


 


 


4


4


4,000


65


$1,069


400894


Leasehold




SLD


Alaeloa


27


$3,195,000


$3,195,000


100


1/26/22


3


2.5


1,528


25


$2,091


394216


Leasehold




SLD


Alaeloa


3


$1,275,000


$1,325,000


104


1/27/22


2


2


1,128


164


$1,175


392670


Leasehold




SLD


Alaeloa


23


$2,900,000


$2,900,000


100


2/15/22


3


2


1,276


37


$2,273


394780


Leasehold




SLD


Alaeloa


30


$2,985,000


$2,965,000


99


2/15/22


3


2


1,400


29


$2,118


394383


Leasehold




SLD


Alaeloa


15


$2,100,000


$1,935,000


92


2/28/22


2


2


1,410


53


$1,372


394270


Leasehold




SLD


Alaeloa


42


$1,795,000


$1,800,000


100


3/30/22


2


2


1,400


33


$1,286


394884


Leasehold




SLD


Alaeloa


29


$2,800,000


$2,800,000


100


4/21/22


2


2


1,368


51


$2,047


395532


Leasehold




SLD


Alaeloa


40


$1,495,000


$1,350,000


90


6/13/22


2


3


1,352


105


$999


394924


Leasehold




SLD


Alaeloa


37


$1,600,000


$1,600,000


100


1/25/23


2


2


1,276


41


$1,254


397965


Leasehold




SLD


Alaeloa


40


$1,599,000


$1,550,000


97


4/14/23


3


3


1,352


122


$1,146


397607


Leasehold




SLD


Alaeloa


45


$1,650,000


$1,400,000


85


6/30/23


2


2


1,276


129


$1,097


398187


Leasehold






MLS data taken as of the date of this post and is subject to change.


View all condos for sale in Alaeloa



 ]]> </description>
    <pubDate>Fri, 22 Mar 2024 12:18:00 -1000</pubDate>
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    <guid>http://www.luxuryrealestatemaui.com/blog/spotlight-on-launiupoko-maui-featured-listing-972-kai-hele-ku1.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/spotlight-on-launiupoko-maui-featured-listing-972-kai-hele-ku1.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Spotlight on Launiupoko, Maui | Featured Listing 972 Kai Hele Ku</title>
    <description> <![CDATA[ 
Spotlight on Launiupoko: One of West Maui's most popular neighborhoods


What is the Launiupoko Neighborhood like?


Nestled on the picturesque slopes of West Maui, Launiupoko is an enclave of large homesites with stunning views. This idyllic community is known for its sprawling acreage, stunning ocean views, and a tranquil lifestyle that blends open space with the charm of island living. The area is zoned agricultural, providing a perfect blend of natural beauty and rural living, making it one of Maui's most sought-after locations. 


In Launiupoko, you will note the presence of many CPR &quot;Condominium Property Regime&quot; Properties.  The CPR process allows a property owner to create a minimum of two separate condominiums (most typically a main home lot and an ohana lot).  There can be additional &quot;condominiums&quot; which are for ag use only.  Read More about CPRs


What is for Sale in Launiupoko?


View Current Listings: Launiupoko Homes for Sale


Launiupoko Homes Active Listings






Launiupoko Homes


All


No CPR*


Main Home Lot CPR


Ohana Lot CPR




Active Listings


27


3


14


10




Volume


$149,908,888


$33,735,000


$84,714,000


$31,459,888




Low LP


$2,275,000


$8,290,000


$3,285,000


$2,275,000




High LP


$14,995,000


$14,995,000


$11,900,000


$4,100,000




Average LP


$5,552,181


$11,245,000


$6,051,000


$3,145,988




Average LP/Sq. Ft


$2,169


$1,867


$1,868


$2,936




Average Sq. Ft.


2919


6010


3545


1114




Average Beds/Baths


3/3.5


5/6


4/4


2/2




Average DOM


72


50


75


74






What has sold in Launiupoko?


Launiupoko Homes Pending Sales 


There are two pending sales at this time.  Both are CPR'd.  One is an Ohana lot CPR at $2,200,000.  The other is a Main Home CPR at $3,150,000.  


Launiupoko Home Sales 2024






Launiupoko Homes


All


No CPR*


Main Home Lot CPR


Ohana Lot CPR




Sold Listings


5


1


0


4




Volume


$18,257,500


$5,000,000


 


$13,257,500




Low LP


$1,600,000


$5,000,000


 


$1,600,000




High LP


$5,000,000


$5,000,000


 


$4,650,000




Average LP


$3,651,500


$5,000,000


 


$3,314,375




Average LP/Sq. Ft


$2,249


$996


 


$2,563




Average Sq. Ft.


2036


5020


 


1290




Average Beds/Baths


2/3


4/4.5


 


2/2.5




Average DOM


248


342


 


225






Launiupoko Home Sales 2023






Launiupoko Homes


All


No CPR


Main Home Lot CPR


Ohana Lot CPR




Sales


17


5


5


7




Volume


$89,878,758


$38,480,000


$32,423,758


$18,975,000




Low SP


$2,100,000


$3,900,000


$4,300,000


$2,100,000




High SP


$9,750,000


$9,750,000


$8,023,758


$3,425,000




Average SP


$5,286,986


$7,696,000


$6,484,752


$2,710,714




Average SP/Sq. Ft


$2,271


$2,545


$1,572


$2,574




Average Beds/Baths


3/4


4/4


 4/5


2/3




Average DOM


129


164


132


101






Launiupoko Market Insights


Launiupoko's real estate market is one filled with nuance due to the large number of CPR'd properties. The diversity in pricing, acreage, view, and size of homes caters to a wide range of buyers. The location at the South end of West Maui is close to Launiupoko beach park.  It has some of the largest homesites in West Maui, yet is one of the closest communities to Central and South Maui, making for a shorter drive to Kahului and Wailuku.


This comprehensive snapshot of the Launiupoko real estate market highlights the variety of opportunities it offers. Whether seeking an area to farm, large acreage for a peaceful retreat or a private estate, Launiupoko has a variety of options known for their phenomenal views.



*When looking at properties in Launiupoko it is important to look at whether the property being offered is for a main home plus an ohana or the ability to build one (No CPR), or if it is for a main home only, ohana only, or farm land only.     


**While the Maui County guidelines may dictate an Ohana CPR building should be no more than 1000 sq. ft. some as builts vary and some listings include other structures that may or may not be permitted, such as a barn.


Featured Launiupoko Listing


972 Kai Hele Ku, a magical Oasis in Launiupoko, Maui


The view from 972 Kai Hele Ku, Launiupoko, Maui


Nestled on the slopes of the West Maui mountains, this stunning home blends modern elegance and island charm to create an idyllic and relaxing retreat. 


Located on over an acre of lushly landscaped grounds, it is perfectly oriented to take in the sweeping views of the Pacific Ocean framed by the neighboring islands of Moloka’i, Lana’i, and Kaho’olawe. 


A large sundeck surrounds the spa and pool with a beach entry, accented by waterfalls, tiki torches, thatched umbrellas, a seating area surrounding a fire pit, and an outdoor shower, giving you the feeling of your own private resort.  


Your Own Resort: a waterfall provides a soothing background to the pool and spa which are surrounded by several private areas to relax and enjoy the day.  





A Beach at Home: the pool features a beach entry for easy access 


Located in Launiupoko, a community known for its large lots and incredible views, this gated estate is a rural haven in West Maui.  Up the coast are the popular resorts of Kaanapali and Kapalua, with shopping, restaurants, tennis courts, and golf courses.  A beautiful hiking/biking path meanders through Launiupoko, and nearby are several popular surf spots and Launiupoko Beach Park.


This single level floor plan features pocketing sliding glass doors designed to seamlessly integrate indoor and outdoor living.  The chef’s kitchen is a dream with a double oven, an oversized island, and windows that open to the covered lanai and an outdoor dining area that is perfect for entertaining and alfresco dining.  





Entertaining: the chef's kitchen features a large island and a pass through window with a view of the Pacific that serves the outdoor bar and dining area.





Indoor-Outdoor Living: the great room features pocketing doors to seamlessly integrate the indoor and outdoor living spaces


There are four generously sized bedrooms each with its own private bath.  The primary suite features a luxurious bathroom with dual vanities, a large soaking tub and a walk-in steam shower.


 


A Private Retreat: the primary suite is a spacious, open space with incredible ocean views.  It is the perfect place to relax.





A Spa at Home: the large primary bath suite features a soaking tub with large windows to enjoy the tropical grounds as you relax.  The ensuite is complete with a large shower, dual vanities, and a large walk in closet.   





Primary Guest Suite: located with a focus on the ocean view, this spacious guest suite opens to the large lanai.  A large shower and walkin closet are located in the ensuite. 





Guest Suite 2:  this suite features an ensuite bath and walk in closet, along with a private seating area





Guest Suite 3:  this suite features an ensuite bath, writing area, and private lanai





The Gounds: An aerial view of 972 Kai Hele Ku shows the expansive grounds that are beautifully manicured to create a private tropical oasis.





Maui's Magical Sunsets: at the end of the day, enjoy lounging at the conversation area by the fire and watching Maui's ever-changing skies.  With views of Molokai, Lanai and Kohoolawe, this location is perfectly situated to view the sunset and the stars at night.


 


Launiupoko Homes for Sale





The information contained in this report is assembled from the Maui MLS.  Care was taken to distinguish if the properties are a main home or ohana CPR, however, some information is limited in listings.  Any interested parties should compile their own statistics and do their own due diligence
 ]]> </description>
    <pubDate>Thu, 21 Mar 2024 15:43:00 -1000</pubDate>
</item>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/maui-real-estate-statistics-february-2024.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/maui-real-estate-statistics-february-2024.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Maui Real Estate Statistics: February 2024</title>
    <description> <![CDATA[ 



Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market. 


The report notes:


U.S. existing-home sales grew 3.1 month-over-month to a seasonally adjusted annual rate of 4.00 million, exceeding economists’ expectations and marking the strongest sales pace since August 2023, according to the National Association of REALTORS® (NAR). Falling interest rates late last year, coupled with a recent uptick in inventory, helped existing-home sales to climb following last month’s decline, with monthly gains reported in the Midwest, South, and West regions.


New Listings increased 2.4 percent for Single Family homes and 52.1 percent for Condominium homes. Pending Sales decreased 5.1 percent for Single Family homes but increased 8.0 percent for Condominium homes. Inventory decreased 10.7 percent for Single Family homes but increased 78.8 percent for Condominium homes.


Median Sales Price increased 15.9 percent to $1,250,760 for Single Family homes but decreased 18.6 percent to $744,500 for Condominium homes. Days on Market increased 14.2 percent for Single Family homes but decreased 22.0 percent for Condominium homes. Months Supply of Inventory decreased 2.3 percent for Single Family homes but increased 129.2 percent for Condominium homes.


Total inventory heading into February stood at 1.01 million units, a 2 increase from the previous month and a 3.1 increase from the same time last year, for a 3 months’ supply at the current sales pace, according to NAR. Although buyers may find additional options in their home search, inventory remains below the 5-6 months’ supply of a balanced market, and demand is exceeding supply. As a result, existing-home sales prices have continued to rise, climbing 5.1 year-over-year to $379,100.


While nationally we are seeing some markets stalling or decreasing, we are seeing locations with great views in excellent condition commanding the interest of buyers. The South Maui resorts of Wailea and Makena continue to command the highest condominium sales prices, though the Montage Residences, Kapalua Bay are not far behind.


MAUI HOMES: ACTIVE LISTINGS, PENDING SALES, AND SALES*


Active Listings: 224 homes from $490,000 Leasehold or a home for sale in Hawaiian Home Lands to $42,500,000 for a home for sale on Keawakapu Beach.  This is followed by a $33,000,000 oceanfront home for sale in Makena and a $30,000,000 oceanfront home for sale in Kapalua ResortPending: 129 homes from $629,000 Leasehold for a Hawaiian Home Lands home in Waiohuli to $21,000,000 for an estate for sale in Keahou in MakenaSold (2024): 132 homes from $370,000 in Wailuku to $13,700,000 for a home in Maluhia in Wailea


MAUI CONDOS: ACTIVE LISTINGS, PENDING SALES, AND SALES 


Active Listings: 394 condos listed from $259,000 for a condo in Kahului to $18,000,000 for a condominium residence at Wailea PointPending: 171 condos pending, ranging from $251,000 for a condo in Kahului to $12,950,000 for a condominium at the Montage Residences Kapalua Bay.Sold (2024): 175 condos sold, ranging from $95,000 to $10,00,000 for a condo at Discovery's Makena Beach Club and Residences.  


MAUI LAND: ACTIVE LISTINGS, PENDING SALES, AND SALES 


Active Listings: 123 parcels from $150,000 in Keanae to $75,000,000 for over 3546 acres for Hana RanchPending: 25 lots from $250,000 in Kahana to $2,700,000 for a lot in KuauSold (2024): 50 lots from $175,000 in Haiku to $11,700,000 for 26 acres sold as part of Discovery's Makena Golf and Beach Club.


*Molokai and Lanai are not included in the above-written summaries, although they are a part of Maui County.  This data is taken from the MLS on the date of this post, 3/8/24


Read the full report and see how it compares to prior years here: Maui Real Estate Statistics


 


 
 ]]> </description>
    <pubDate>Fri, 08 Mar 2024 12:09:00 -1000</pubDate>
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