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        <title>Maui Real Estate &amp; Lifestyle News</title>
        <link>http://www.luxuryrealestatemaui.com/blog/sothebys-international-realty/</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/sothebys-international-realty-2023-luxury-outlook-report.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/sothebys-international-realty-2023-luxury-outlook-report.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Sotheby's International Realty 2023 Luxury Outlook Report</title>
    <description> <![CDATA[ 



Sotheby's International Realty has released its Luxury Real Estate Outlook Report for 2023, which provides insights into luxury real estate markets around the globe, issues with the supply chain, inventory, and guidance such as How to Sell a High End Home During Any Type of Market.  The report provides valuable observations for Maui's real estate market, particularly in the resort areas, where there was a significant change over in ownership in 2021.  There were fewer sales in 2022, which was not unexpected, as available inventory decreased dramatically.












Here is a snapshot of some of the key takeaways from the report:




Strong Appeal for Luxury Properties, Despite Interest Rate HikesDespite interest rate increases, luxury buyers remain undeterred and are eager for prime properties.


What Lies Ahead: Lessons from Past Market CorrectionsThere are potential upsides to markets slowing after rapid growth.


Stability is Watchword in Tax Friendly MarketsLearn more about the areas of the world that offer stability thanks to favorable tax laws and high quality of life.


For Passing Wealth Between Generations, Property Is Still KingReal estate remains the most secure and efficient way for the affluent to pass on wealth to the next generation.


Most US Markets that Grew During the Pandemic Remain Strong: if slightly mutedReal estate markets that saw prices skyrocket during Covid-19 seem to be holding value.


Buyers Around the Globe Expand Their SearchesBuyers are looking at more distant destinations that may offer more value for their dollar.


Naturehoods: The Great Outdoors is a Top AmenityLearn about the new “naturehood” trend and the lifestyle changes that have sent buyers to residences with easy access to nature.


High-End Vacation-Rental Spots Face Changing Market Post-CovidDuring the Pandemic, many vacation home properties became primary residences as the affluent left cities.














Whether looking for real estate with me on Maui or across the globe, It would be my honor to connect you with one of my fellow Global Real Estate Advisors.  The Sotheby's International Realty's ohana of trusted real estate professionals provides our clients with unsurpassed local market knowledge on the neighbor islands, across the United States, and around the world in 75 countries.
 ]]> </description>
    <pubDate>Thu, 05 Jan 2023 14:18:00 -1000</pubDate>
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<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/journey-back-in-time-introducing-2725-olinda-road.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/journey-back-in-time-introducing-2725-olinda-road.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Journey Back in Time: Introducing 2725 Olinda Road</title>
    <description> <![CDATA[ 
Take a journey back in time to a simpler life…one of peace and serenity surrounded by the natural beauty of Upcountry Maui. 







This beautifully restored ranch estate was built in 1918 and is set on 60 timbered acres.  The original owners positioned the home at the edge of the ranch lands, which still surround it. The location provides for a private, serene setting and a vantage point with sweeping views across central Maui to Mauna Kahālāwai and of the waves breaking along the North Shore.


The current owners have spent several years lovingly restoring the home.  Some of these touches may not be readily apparent but took years to accomplish: each pane of glass was preserved, cleaned and replaced within refurbished window frames and hardware to match the era.  Decades of paint and wallpaper were stripped to take the home back to its original finishes.  The kitchen has been updated with modern appliances that retain the vintage charm.  Just to the south of the kitchen is a fenced-in garden and walkway covered by wisteria and climbing roses--perfect for growing your own produce, gathering vegetables for meals and flowers for the table.


The setting offers peace and seclusion, while still enjoying the amenities of today.  The large lanai features a hot tub perfectly perched to take in the views, or meander below to a private heated 30 x 80 lap pool surrounded by citrus trees.  The expansive property offers secluded hiking, surrounded by the wildlife of Upcountry, including pheasants and deer. 


At an elevation of 3573 feet, this Olinda is the perfect escape from the tropical heat, your own mountain retreat.  Makawao is a thriving Upcountry town known for it's shops, restaurants, and T. Komoda's Store and Bakery.  Just a short drive is Seabury Hall, one of Maui's best preparatory schools.  


Take in the best of life upcountry: hiking in the nearby Makawao Forest Reserve, shop at the Kula Farmer’s Market, watch a Polo match down the road at Oskie Rice Arena, or enjoy the quiet beauty of this secluded country home.


To read more about the history of the home and to see the changes the current owners have made, read more in Maui No Ka Oi Magazine.


This property is exclusively represented by Courtney M. Brown, RS 56519, Mino McLean, RB-21623 and Sam Utley, RB-23179
 ]]> </description>
    <pubDate>Wed, 01 Jun 2022 14:09:00 -1000</pubDate>
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<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/market-spotlight-haleakala-gardens.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/market-spotlight-haleakala-gardens.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Market Spotlight: Haleakala Gardens</title>
    <description> <![CDATA[ 
by Heidi Dollinger, R(S)





Haleakala Gardens is one of the most popular residential condominium complexes in North Kihei. Located on Kulanihakoi St., its just a block from Kalepolepo Beach,  You'll find the Pacific Whale Sanctuary, local canoe clubs, the Ko’ie’ie Loki I’a Fishpond, Safeway and Azeka Shopping Center close-by. It’s perfect for a long-term rental property, or a full-time or part-time residence.


Haleakala Gardens was built in 1989 and has 164 units total on nearly nine acres of land spread throughout twenty separate 2-story buildings.  There are studios, two-bedroom, and three-bedroom floor plans.  Second-floor units feature vaulted ceilings.  Sold prices in the last six months from the time of this post have been ranged from $292,500 for a studio to $455,000 for a three bedroom.


Property Features




      A block to Kalepolepo Beach


      Pet Friendly


      Low HOA’s – range from approximately $289 - $485 a month depending on size of unit


      Clubhouse for use by owners


      Storage for SUP, surfboards, and kayaks available onsite through the HOA


      Owners are allowed to have BBQ’s




NEW LISTINGS


Newly listed, Haleakala Gardens 12G is an upper floor two-bedroom, two-bath unit with 883 square feet and comes with two parking spaces.  It is offered at $390,000 and is a fee simple, full ownership property. There are garden views are overlooking the greenspace and grounds.


Tour Haleakala Gardens 12G Virtually: Watch the Video 
















Haleakala Gardens Listing Courtesy of Heidi Dollinger, R(S).  Contact Heidi


HALEAKALA GARDENS: CONDOS FOR SALE &amp; RECENT SALES 








Unit






List Price






Status






Sold Price






Beds






Baths






Liv A SF






Closing Date








7I






$290,000






ACTIVE






 






0






1.00






528






 








12G






$390,000






ACTIVE






 






2






2.00






883






 








20G






$395,000






PENDING






 






2






2.00






883






 








2E






$430,000






PENDING






 






3






2.00






932






 








3D






$440,000






PENDING






 






3






2.00






932






 








14D






$415,000






SOLD






$410,000






3






2.00






932






6/21/2019








2E






$387,000






SOLD






$383,000






3






2.00






932






6/28/2019








20F






$375,000






SOLD






$375,000






2






2.00






886






7/18/2019








7A






$325,000






SOLD






$320,000






0






1.00






528






8/5/2019








12E






$465,000






SOLD






$450,000






3






2.00






932






8/30/2019








3F






$415,000






SOLD






$412,500






2






2.00






883






10/18/2019








7B






$299,000






SOLD






$299,500






0






1.00






707






10/21/2019








7L






$315,000






SOLD






$315,000






0






1.00






528






10/25/2019








4E






$449,000






SOLD






$447,000






3






2.00






932






12/5/2019








14B






$325,000






SOLD






$335,000






2






2.00






883






12/13/2019








15E






$435,000






SOLD






$429,000






3






2.00






932






12/30/2019








11H






$439,000






SOLD






$439,000






3






2.00






932






1/24/2020








7F






$344,900






SOLD






$332,500






0






1.00






528






1/31/2020








7K






$299,900






SOLD






$292,500






0






1.00






528






2/13/2020








16D






$465,000






SOLD






$455,000






3






2.00






932






4/16/2020








14F






$332,500






SOLD






$335,000






2






2.00






883






4/23/2020






 ]]> </description>
    <pubDate>Mon, 08 Jun 2020 17:26:00 -1000</pubDate>
</item>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/maui-condo-market-spotlight-the-kulakane.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/maui-condo-market-spotlight-the-kulakane.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Maui Market Spotlight: the Kulakane</title>
    <description> <![CDATA[ 
Market Spotlight: The Kulakane


by Heidi Dollinger, R(S)





The Kulakane is an oceanfront resort with 42 units, located at 3741 Lower Honoapiilani Rd. on the border of the Honokowai and Mahinahina neighborhoods, close the Honokowai Farmer’s Market and shopping, just north of Kaanapali, about 5 miles north of Lahaina town.  The distinctive shingle style architecture and twinkling curbside appeal evokes an exotic and quaint, yet warm hospitality as you rewind time and step into an easier way of being, embraced by the temperate air and gentle trade winds. 


Amenities include a “half-moon” plunge pool, barbeque grills, and onsite laundry.  Long-time owners and visitors gather at sunset for the traditional conch shell ritual, and can participate in “Pupu Parties” on Friday nights. On-site vacation rental management is available and is managed by Debbie Reynolds, who has been at The Kulakane for the past nine years.  Owners have the option of renting their units for short-term vacation rentals through the on-site office, or through a rental management program of their choice.  Owners and guests comment that “staying at The Kulakane feels like coming home.”  


Area Beaches




      Honokowai Beach Park


      Ka’anapali Beach


      S-Turns (Pohaku Park)


      Napili Bay Beach


      Kapalua Bay 




Great For




      Viewing sea turtles


      Whale-watching in the winter months


      Watching Sunsets


      Ocean activities – snorkeling, surfing, paddling, kayaking, sunbathing




Climate


The temperature in the area typically varies from 65°F to 87°F and is rarely below 60°F or above 89°F (weatherspark.com)


The Kulakane Condos for Sale: Active Listings




Kulakane 106 (NEW) is a direct oceanfront fee simple first floor 1-bedroom unit, and is the most attractively priced offering in this complex in many years.  It has slate tile flooring and designer paint colors, and is being sold furnished and move-in ready. Offered at $435,000.


Kulakane 207, a 1-bedroom, offered at $575,000


Kulakane 301, a large south-facing corner 2-bedroom unit, offered at $850,000. 


















Kulakane 106: Oceanfront Living on Maui listed by Heidi Dollinger, R(S)


The Kulakane: Recent Sales


There have been two sales at the Kulakane in 2020 – Kulakane 303, which closed at $670,000, and Kulakane 202, which closed at $445,000. 








Unit






Status






Sold Price






Beds






Baths






Liv A SF






Closing Date








303






SOLD






$670,000.00






2






2.00






858






2/3/2020








202






SOLD






$445,000.00






1






1.00






568






4/6/2020








 



 ]]> </description>
    <pubDate>Thu, 04 Jun 2020 16:03:00 -1000</pubDate>
</item>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/spotlight-on-the-maui-kai.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/spotlight-on-the-maui-kai.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Spotlight on the Maui Kai</title>
    <description> <![CDATA[ 
Spotlight on the Maui Kai: Real Estate Market Overview


By Heidi Dollinger


At the ocean’s edge, Maui Kai is in an ideal location for those who enjoy walks on beautiful Kekaa Beach, one of Kaanapali's long white sand beaches.  The Maui Kai is a ten-story building with 80 units total, all with direct ocean views.    


There are currently five active listings for Studios at Maui Kai (395 SF – 420 SF).  List prices range from $479,000 to $498,000. The last sale of a studio at Maui Kai was Maui Kai 506, which closed at $475,000 on 2/1/2019.  There is currently (1) unit pending under/ contract, a 1-Bedroom, Maui Kai 605, listed at $625,000. 


There are just three active 1-Bedroom listings: Maui Kai 405 offered at $599,000Maui Kai 301 offered at $750,000Maui Kai 304 offered at $750,000





The view from the enclosed lanai of Maui Kai 405


The largest of the 1-Bedroom floor plans at 647 SF, Maui Kai 405 is unique in that it has an enclosed lanai, so the extra 153 SF of lanai space can be used as interior living space, or opened up to outdoor living space.  The whale watching from this unit in winter and early spring is incredible


Last year, Maui Kai units sold for AVG $978.24/sq. ft..  Of all 1-Bedroom fee simple vacation-rentable condominiums with ocean views that actively listed in Kaanapali at the time of writing, the Maui Kai is a rare offering, providing both direct ocean views and a beachfront location for under $1 million. 


Maui Kai has central A/C, and all utilities are included in the monthly HOA, which makes ownership convenient.  After completing some major building upgrades over the past couple of years, the monthly HOA at Maui Kai went down and there are no special assessments or shoreline projects.  There is onsite property management available as an option for owners who would like to use it.  The zoning is Hotel, so short-term nightly vacation rentals are allowed. 


For more information…contact Heidi Dolligner
 ]]> </description>
    <pubDate>Mon, 01 Apr 2019 10:09:00 -1000</pubDate>
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<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/sothebys-international-realty-launches-curate-the-first-augmented-reality-app-of-its-kind.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/sothebys-international-realty-launches-curate-the-first-augmented-reality-app-of-its-kind.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Sotheby's International Realty Launches Curate: the first Augmented Reality app for real estate</title>
    <description> <![CDATA[ 
I'll admit it, most of us have trouble visualizing an empty room and how to make it our own.  While we find many Maui real estate listings offered furnished if it is a resort property/second home, it can be different if the seller is selling their primary residence.  Staging can be a challenge as we have so few stagers and storage options on island.


Enter Augmented Realty. Sotheby's International Realty has just introduced the Curate by Sotheby's International Realty App which allows you to furnish an empty room in a variety of styles.  The vision is to transform the home buying experience, making it easier for both buyers and sellers alike.







iPhone users: Download Curate by Sotheby's International RealtyAndroid users: Download Curate by Sotheby’s International Realty


One of the reasons I joined Sotheby's International Realty was that the brand continues to be at the forefront of technology as it relates to the display, promotion, and marketing of the brand's listings. 


In 2015, the partnership between Sotheby's International Realty and Apple TV formed to create an immersive real estate experience in your own home.  In 2016, Inman reported that Sotheby's International Realty had beaten Zillow and Trulia to 3D Virtual Reality in implementing 3D Virtual Reality on its website. In 2018, The Curate App by Sotheby's International Realty is an Inman Innovator Awards Finalist.


The Curate App by Sotheby's International Realty allows buyers to visualize a house as their own before purchase, thereby curating the home-buying experience. 


Why It Matters for Sellers✓ Showcase properties in multiple styles and functions✓ Minimize the need for physical staging✓ Transform a home during a showing to meet a buyer's tastes✓ Expedite and facilitate the process of showing a home


Why It Matters for Homebuyers, Renters and Homeowners✓ Overcome visualization barriers – a buyer can now see through a space’s current design and into the future✓ Avoid complex measurements and guesswork – see what fits and connect with your home like never before✓ Simplify the home furnishing, decorating and move-in process


How It Works✓ Open Curate by Sotheby's International Realty while touring a property and easily visualize an empty space✓ Scroll through and select from the room scene library, comprised of beautifully crafted interior designs, including traditional dining rooms, mid-century master suites, modern living rooms, and much more✓ View entire room sets in Augmented Reality with all furnishings to-scale✓ Hover over items for more information about the product and a link to shop on retailers’ websites✓ Screenshot rooms to save and share


Why it matters in general...it's just really fun to play with. Happy Decorating
 ]]> </description>
    <pubDate>Tue, 22 May 2018 21:05:00 -1000</pubDate>
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