AURA, Island Sotheby’s International Realty’s listing of landscape photographer Peter Lik’s Kapalua, Maui home, has just been featured in Coastal Contemporary Homes on Sothebys.com.

The famed auction house’s blog details some of the finest real estate offerings in oceanfront modern architecture: from Malibu to Maui in the United States, as well as Sydney and the Côte d'Azur.

It’s no surprise AURA is included amongst these contemporary masterpieces. Designed by Tom Kundig of Kundig Olson Architects, the home was awarded the prestigious 2011 Grand Award by RADA, (Residential Architects Design Award).

“This house is just incredibly beautiful,” proclaimed one of the RADA judges. Perched on a private 6.5 peninsula overlooking the protected

Island Sotheby’s International Realty is excited to announce that our listing of Peter Lik’s Maui home AURA has been featured in the Wall Street Journal and on Curbed.com.

Designed by Tom Kundig of Olson Kundig Architects, this stunning oceanfront home is situated between Honolua Bay and Mokuleia Bay in the Kapalua Resort. 

Featuring sustainable materials, such as rammed earth walls fused with innovative design, AURA is like no other home on Maui.  Hydraulic controlled glass walls open to the exterior, completely transforming the living area to bring the outside in.  The home’s unique design garnered Residential Architect Design Award’s 2011 Grand Award.

Three connected huts provide privacy:  the center hut, which features the

It is with great pleasure that Island Sotheby's International Realty announces the award of Realtor Salesperson of the Year to Courtney Brown. 

During its 46th Annual Installation Luncheon at the King Kamehameha Golf Club, the Realtors Association of Maui presented Courtney with the prestigious award. Known for her involvement in the Maui real estate community, her civic and community activities, her real estate accomplishments, and her Realtor Spirit, Courtney embodies all the attributes of a top-level professional at the peak of her industry.

With nearly two decades of real estate experience, Courtney's emphasis on the Kapalua real estate market has resulted in her well-earned success as one of Hawaii's Top 100 Realtors. For those who know

When examining the state of Kapalua real estate in 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 resort, at an average sale price of $1,744,620 with a total sales volume of $92,464,906
• Kapalua Homes: 12 sales at an average sales price of $3,656,075
• Kapalua Land: 7 sales at an average sales

Learn more about the Kapalua real estate market, ascertain long-term and short-term micro market trends, view current real estate listings, and contact the publisher, Courtney Brown, for more information.

The confirmation hearing for the Residences on Kapalua Bay (formerly the Ritz-Carlton Residences, Kapalua Bay) took place this morning at the first circuit court. The judge first heard a motion to intervene on behalf of an original reservation holder in the developer sales. Three parties bid, with a starting bid of $60 million, bid up to $100 million in 22 increments.

We are hopeful that with this confirmation that matters will be resolved and sales will recommence. For more information regarding this Kapalua property, please contact Courtney Brown.