November 2018

An elegant beachfront Wailea estate has sold, marking another significant sale for the Island Sotheby’s International Realty team.

Nestled atop the white sands of Mokapu Beach, the four-bedroom, six-bath beachfront home is just one of 14 exclusive estates at Maluhia at Wailea, one of South Maui’s most prestigious resort communities. Of all of these coveted estates, Residence Three boasts the highest elevation, featuring breathtaking ocean views from nearly every room. 

“Once the buyer saw that the home offered direct oceanfront access, he and his wife just fell in love with the property,” said Island Sotheby’s International Realty Realtor Sam Utley R(S), who represented the seller with Mino McLean R(B).

At the heart of Residence

Maui single-family home prices have soared almost 16 percent over the last year, mirroring a market where demand is high but inventory is limited.

The Realtors Association of Maui recently released data showing that median home prices surged to $774,000 in October — an increase of more than $105,000 from that same time the year before. The number of homes sold, however, dropped 21 percent, reflecting the tight inventory on island.

“Prices are still rising in most areas,” the report said. “And the number of homes for sale is still low.”

According to the report, inventory was down almost 14 percent for single-family homes and almost 25 percent for condominiums. Prices for condominiums, however, didn’t quite keep up with the uptick in

Island Sotheby’s International Realty is proud to present one of the rarest offerings ever to come to market: a breathtaking getaway on one of South Maui’s most exclusive white-sand beaches.

With four bedrooms, five and a half bathrooms and 5,065-square-feet of living space, this newly-constructed, fully-furnished home offered for $29.98 million is one of the finest in Makena, an area known for being home to some of the most extraordinary properties in Hawaii. Constructed out of the highest quality materials from across the world, this home was created with the utmost attention to detail, with interior living spaces that seamlessly blend into expansive covered lanais.

“The master level of craftsmanship and thoughtful design throughout the

Imagine stepping from the comforts of your home, and walking just a few feet until you reach the calm, clear waters of the Pacific Ocean.

The buyers of 1614 Halama Street, a breathtaking beachfront estate in Kihei, will be able to do just that. Island Sotheby’s International Realty agent Candy Mulcoy R(S) represented the buyers of the 3,511-square-foot architectural masterpiece, which recently sold for $6.125 million.

“The quality of the home and the attention to detail really attracted my buyers,” Mulcoy explained. “It’s a very contemporary, sleek and modern — a design not often found on Maui.”

The home, which boasts four bedrooms and three and a half bathrooms, was originally built in 2012. The seller, however, had recently

“Follow our dreams and just be Hawaiians.”

That’s what celebrity Hawaiian chef Sam Choy told an audience of roughly 270 people at the Hui Holomua Business Fest at King Kamehameha Golf Club last month, an event hosted by the Maui Native Hawaiian Chamber of Commerce. Island Sotheby’s International Realty’s own Ryan MacLaughlin PB attended the event, which was a huge success for Native Hawaiian business leaders on island.

“Our keynote speaker was Sam Choy, who is a living testament of a Native Hawaiian who grew up in a small town and created an international brand that spurred restaurants worldwide,” said MacLaughlin, an owner of Island Sotheby’s International Realty who also serves on the chamber’s board. “His message was simple: ‘just