Luxury 5 Bed/6 Bath Makena Home For Sale | 7131 Makena Rd
Inspired island living, at 7131 Makena Road listed by Guida Anderson, R(B) and Deborah Davis, R(B), this secluded estate on over two and one third acres of tropically manicured landscaping offers maximum privacy, security with breathtaking mountain, ocean and outer island views. The spacious open floor plan with over 5000 sq. ft. of living area is designed with a welcoming foyer, chef’s kitchen and living/dining area opening onto a large covered lanai, overlooking the custom, solar heated saline pool, spa and cascading waterfall for seamless indoor-outdoor living. This is a rare opportunity to own a private estate in sought after Makena just a short stroll to some of the world’s finest beaches. For those interested in exploring the Makena real estate
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Enjoy Sunset Views from Wailea Palms | 3150 Wailea Alanui Drive 2801
Beautifully original 2 bedroom 3 bath, expansive ocean view Wailea Palms Unit #2801. Listed by Ryan MacLaughlin, R(B) and Paul MacLaughlin, PB at 3501 Wailea Alanui Drive, enjoy amazing sunsets or even a short stroll to magical Keawakapu Beach. Privacy and Peace surround you at Wailea Palms along with beautiful amenities... Bask at the pool, take a dip in the hot tub, break a sweat in the gym or just have fun on the putting green. Wailea Palms has it all! For those interested in exploring the Wailea real estate market and available opportunities, visit our Wailea office conveniently located in The Shops at Wailea-3750 Wailea Alanui Dr. Ste. B34 or call us at 808.879.8880.
Wailea Real Estate Market Update
By most reasonable metrics, 2013 proved to be a significant step forward in the Maui real estate market, by which continued demand coupled with decreasing inventory resulted in upwards pressure on values. As leading experts in the Wailea real estate market, the team at Island Sotheby's International Realty have a firm grasp of current Wailea market conditions, projected trends as paralleled by relevant macro-economic outlook, and comparative micro-market proclivity within the overall South Maui market.
As such, let us examine the infograph below to glimpse at the progress:
There are a number of items worthy of further discussion. For example, the median sales price for Wailea Single-Family Residences rose substantially over the previous year,
…Makena Place Estate Sold
Wailea Real Estate Update - Single Family Homes
With its tropical setting, picture-perfect weather, top-rated beaches, and world-class amenities, Wailea is a much sough after destination. And for those considering a purchase of a Wailea property, it becomes incumbent on potential buyers to be well acquainted with real estate trends and available inventory. The Wailea Single Family Residence (SFR) market has been somewhat stagnant in the past three years, arguably due to the downwards pressure on values by REO's (bank-owned/foreclosures) and Short Sales - although not a great amount (7 REO's and 5 Short Sales), still significant enough to have an impact on values in Wailea. And as the market continues its shift from a clear buyer's market to a more balanced market, let us take a look at relevant data.
…Wailea Beach Villas Market Update
As 2012 winds down to a close, it becomes an opportune time to compare 2012 to the previous year in order to determine market trends, particularly in micro-niches. With that, let us examine the state of the market in Wailea Beach Villas and draw reasonable conclusions thereof. First, let's take a look at inventory and how it is being absorbed by measuring new listings coming on the market and the number sales transpiring within the allotted time period.
The most glaring fact is that 2011 absorbed WBV units at a much faster pace, with 15 new listings coming on the market in 2011, resulting in 6 sales. Compared to 16 new listings in 2012, which only led to 3 sales. But beyond inventory absorption, let's look at values - which arguably can best me
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