October 18, 2010
Please join other West Maui Realtors for a preview of Alaeloa #44 on Wednesday, October 20 from 10:00 AM to 11:30 AM.
Owner has confirmed that the home will be available for rental from January 15, 2011 to June 15, 2011. Minimum rental is one month at $4,500 per month. Please call me for additional details.
October 15, 2010
If you are an owner of a Kapalua villa and have interest in renting for 9-12 months starting November or December 2010, please give me a call. Price range is $1,500-$2,200 per month.
September 23,2010
Maui Land & Pineapple has reported that TY Hawaii has finalized the purchase of the Bay Course for $23.6 million. The purchase includes the course, club house, tennis facilities and a ten year lease of the Kapalua Golf Academy. Maui Land and Pineapple will pay down $20 million in current debt obligations and utilize the remainder for working capital and operations. TY Hawaii purchased The Plantation Course last year for $50 million. Kapalua Land Company will lease the Bay Course at least until March 2011. Mike Jones, Director of Golf remains in charge of all golf operations.
August 31, 2010
The September/October issue of Maui No Ka Oi Magazine is hitting the stands. Check out page 13 for our Live the Dream Ad! We are excited to partner with this quality publication.
July 6, 2010
Courtney Brown and I are pleased to announce two new listings:
Golf Villa 22T1 is a town house villa that has been fully remodeled to the specifications of The Kapalua Villas Gold Program. Priced at $595,000 this villa is situated in one of the premier view buildings at The Golf Villas.
I have been fortunate to represent many fine homes and villas over my career at Kapalua. 602 Honokohau is simply the finest crafted home at Kapalua.
Inspired by the 19th Century Craftsman style Hawaiian homes, this wondrous estate of impeccable quality and attention to detail throughout expertly merges the history and artistry of a bygone era with all of the amenities of a modern domain. This extraordinary home, located but set back from the Plantation Course 16th fairway offers breathtaking panoramic golf course, ocean, and outer island views with exclusive privacy. This home of over 7,300 square feet of living space is priced at $12,900,000.
The adjacent two acre home site is available for purchase as well. This is a fantastic site for tennis courts, guest house, or open space.
July 5, 2010
We have just completed the 24th Annual Kapalua Clambake Pro-Am Invitational. Beneficiaries for the three day event on the Bay and Plantation courses include Maui Special Olympics, the Hawaii State Junior Golf Association, and the Lahainaluna High School Golf Team.
Congratulations to low Professional John Galarita. The low team with a score of 319 was The Clam Hunters. Gary Mason and his family have been part of this event for the past 18 years and have successfully hunted down the Clambake Championship this year.
Many thanks to the dedicated golf staff, especially Mike Jones, Scott Carroll, Chris Noda, and Tiffany Dofa. The courses were in magnificent condition and the greens rolled as good as I have seen.
Our resort partners include Kapalua Land Company, Pineapple Grill Restaurant, Plantation House Restaurant, The Ritz-Carlton Kapalua, and The Kapalua Villas. We are also very grateful for the support of Golf Concepts and Jay Hinazumi who through their financial support and Nike prizes make this event possible.
June 8, 2010
708 Mokuleia closed this morning as part of a cash/trade transaction and will show a $7,125,000 sales price. We are proud to have been involved in the two most recent transactions at Plantation Estates.
The trade property at 408 Monarch Place home will be marketed soon at $2,595,000. 408 Monarch is a wonderful location and the home has been meticulously maintained. This will be a must see for the buyer looking for a quality home in Pineapple Hill. Best wishes to Nelson and JeriLynn Hagan in their new home and many mahalos to Dean Otto who represented the buyers.
Tuesday, May 25
We successfully closed the transaction at 223 Plantation Club Drive, which sold for $3,900,000.
April 30,2010
This past week, the new owners of 223 Plantation Club Drive asked our office to pocket list their property at $3,900,000. This 5,366 square foot house on 2.18 acres in Plantation Estates and is now in escrow. Kapalua Realty is representing both the buyer and the seller.
April 26, 2010
Congratulations to Alan and Judi Fleisch on the purchase of a wonderful town house Golf Villa. Bill and Barbara Sadler, owners of 26T7 completed the sale this week. Congratulations to both.
April 23, 2010
It was announced that the Maui County Council will hold a meeting on April 29 to hear public testimony about the proposed tax rates* for the 2011 fiscal year.
Proposed Tax Rates are as follows:
Homeowner: $2.50 (now $2.00)
Improved Residential: $5.80 (now $4.85)
Unimproved Residential: $7.25 (now $5.35)
Apartment: $5.00 (now $4.55)
Commercial residential: $6.25 (new category)
Commercial: $6.00 (now $6.25)
Industrial: $6.50 (no change)
Agriculture: $5.00 (now $4.50)
Conservation: $5.00 (now $4.75)
Hotel/Resort: $8.75 (now $8.20)
Time Share: $14.00 (no change)
*Rates are charged per $1,000 of assessed property valuation.
While it appears the mil rates have gone up, property values have declined. In many cases we will see people paying about the same in property taxes as the previous fiscal year.
April 2, 2010
The 29th annual Wine and Food Festival's Summer Soiree is set for June 24-27.
Event highlights include cooking demonstrations, wine tasting seminars, and gala functions. For additional information, please visit www.kapalua.com or call (808) 665-9160
March 17, 2010
Please welcome new Golf Villa owners Tom and Lori Williams. Tom and Lori will be renovating their new Golf Villa 21P1,2 and look forward to becoming part of the Kapalua Family.
If you have not seen it yet, Kapalua Bay Villa 11G1 has gone on the market for $649,000. This is a desirable end unit town house with loads of potential and a private location. The next lowest priced unit today in the Bay Villas is $795,000. This will be an incredible buy for someone!
Maui Tops the List for the Best Place for a Second Home!!
1. Maui Consistently rated the "Best Island in the World" by travel experts, this Hawaiian beauty underwent a growth spurt during the past decade that some critics bemoaned as excessive. But the southern coast, anchored by the hamlet of Wailea, has weathered it all well. One of the first master-planned resort communities in the nation, it's a balanced blend of understated gated communities, luxury resort hotels, three excellent golf courses, a tennis center and, of course, several crescent sandy beaches. Wailea has 500 single-family homes, and their views are stunning: lush, verdant hills, brilliantly blue ocean and, after the steamy sun showers, rainbows over the horizon.
Median Price: $1.5 million
Drop From Peak: 27%
Neighbor: Oprah Winfrey
January 19, 2010
Last week AAA announced that the Ritz-Carlton Kapalua has attained the coveted Five Diamond Award from AAA for 2010. This is the 14th consecutive year the Ritz-Carlton has received this award. Congratulations! The only other Maui hotel to receive the award is the Four Seasons Wailea.
January 9, 2010
The December 2009 year end statistics have been released by the Realtor's Association of Maui. Please access this document by clicking on the December 2009 year end link in the statistics file. The Association reports that we are getting a better "footing" in the real estate market. We still have a lot of inventory to clear, but prices are low and great opportunities exist throughout all sectors of the market. If you have any questions relative to our Maui market, please contact me anytime.
January 7, 2010
Today is the start of the SBS Championship on the Plantation Course. 28 winners from the 2009 PGA Tour Season will compete for 5.6 million in prize money in this season opening event. The winner this week will get an early jump on the PGA Tour 2010 official money list and Fed Ex Cup points.
I am honored to have been selected to announce the Professionals as they make their way to the final hole. The Lahainaluna High School Foundation where I serve as President was also selected as the featured beneficiary this year so that is exciting as well. See you on the Course!
Following today's round, we will host an open house at Plantation Estates from 4:00 PM to 6:30 PM. Please join us at 708 Mokuleia Place and 225 Plantation Club Drive for a preview of two great homes. Pupus and refreshments will be served at 225 Plantation Club Drive.
January 4, 2010-HAPPY NEW YEAR!
On December 31, the company announced that five former Maui Pineapple Company executives have teamed up with Pardee Erdman of Ulupalakua Ranch to assume pineapple operations from ML&P. The new company will be named Haliimaile Pineapple Company and will continue to grow and market fresh pineapple under the Maui Gold Brand.
Key shareholders and directors of the new company are Pardee Erdman, Doug Schenk, former President of Maui Pineapple Company, former vice presidents of MPC, Doug MacCluer and Ed Chenchin, and current operating directors for MPC, Darren Strand and Rudy Balala.
Haliimaile Pineapple Company will farm approximately 1,000 acres in upcountry, and may add to this acreage in the future. The formation of this new company also keeps important jobs, and will continue to provide high quality fresh pineapple to local hotels, restaurants, and supermarkets.
December 28, 2009
I hope that you had a warm and joyous Christmas. Louisa and I just returned from Las Vegas where we had a wonderful visit with family. While we spent most of our time at our daughter's house, we did stay at the new M Resort and Spa. It is off the strip but it is a really cool property. If you are in Las Vegas I would recommend either staying at or visiting the M Resort and Spa.
I was pleased to see upon my return that Maui Land & Pineapple has concluded an agreement with Experiential Resources to operate Kapalua Adventures/Ziplines. ERI was involved with Kapalua from the very beginning as the primary builder and designer of the Zipline Course and Mountain Adventure Center. They are a well respected company in the adventure and activity industry and are involved in multiple courses throughout Hawaii and the Mainland.
You can visit them at the Kapalua Adventure Center located at 2000 Village Road, Kapalua HI 96761. Their phone number is (808) 665-4FUN (4386) or Toll Free at 877-665-4386. You can contact them through e-mail at info@kapaluaadventures.com.
December 16, 2009
Outrigger Enterprises Group will take over the management of The Kapalua Villas beginning today. Outrigger has appointed TJ Oesterling as general Manager. TJ was with Outrigger from 2002 to 2006 as vice president of the condominium and time-share division. Most recently he was a consultant for the Executive Centre Association and before that was the regional vice president of opertaions-Pacific Region for Wyndham Vacation Ownership. Ryan Churchill, Senior Vice President of Maui Land and Pineapple stated "we are pleased to have Outrigger Enterprises Group join the Kapalua family as the new management company for The Kapalua Villas. Outrigger Condominium Collection has an outstanding track record of guest and owner satisfaction.
The Kapalua Villas branding will remain in place, however Outrigger will leverage marketing with its other properties.
November 29, 2009
In The Maui News on Thursday, November 26, and with a front page follow up today, it was announced that two thirds of Ulupalakua Ranches 18,000 acres will be preserved forever as agricultural lands through an easement donated to the Maui Coastal Land Trust. The ranch will operate as usual, but the easement will protect future generations from selling off lands piecemeal. Ulupalakua Ranch is a Maui treasure and has been in existence for 165 years, although the Erdman family has owned the ranch since 1963. Ulupalakua Ranch is home to Tedeschi Winery, a Country Store and Grill, 5,000 head of cattle, horse back riding, and clay shooting. Sheep and elk have made Ulupalakua home as well. This is great news for Maui, and when asked why Pardee Erdman chose to pursue a perpetual agricultural easement, he said: "I was driving in Kihei one day and looked up those green hills, and I was proud of the land, and I decided I wanted it to stay the way it is".
This new agreement is PONO (the right thing to do) and reminds us of why Maui is so special.
The Pacific Business News reports that home sales have been steadily rising since bottoming out in early 2009. A very small percentage of sales are attributed to the $8,000 tax credit for first time homeowners, but most Realtors are reporting an increase in investors returning to the market place. At Kapalua Realty, we have been connecting more and more buyers and sellers so we are seeing this first hand as well.
November 25, 2009
Congratulations to David & Kathy Bates on the sale of their beautiful Golf Villa 15V3. The new owners, Hasting and Josephine Wong are looking forward to joining the Kapalua Villas Gold Program. Courtney Brown and I represented the seller, and the buyers were represented by an Oahu company. This one bedroom gold villa closed at $550,000 and the original list price was $560,000.
October 25, 2009
Although an announcement is expected soon, we have been informed that Outrigger Resorts will take over the management of The Kapalua Villas rental operations. Once a statement is formally released, I will post it to the web site.
October 23, 2009
The Ridge Villas saw its first sale of the year record today. Ridge Villa 1511 was a gold unit but bank owned. It was sold unfurnished and recorded at the price of $725,000. Kapalua Realty represented the buyer.
October 19, 2009
A couple of things to share with you today. First, congratulations to Ken and Sharon Boudreau on the sale of their Bay Villa 23G2. The villa is a one bedroom ocean front, and closed at the same price as the last one bedroom ocean front sale. Courtney Brown and I are still working diligently to connect buyers and sellers in this real estate market.
Secondly, Outrigger Resorts and Destination Resorts gave final presentations to the company and a panel of owners on Friday. We expect an announcement soon as to who will take over The Kapalua Villa condominium and luxury home rental program. As a former General Manager of The Kapalua Club and Villas, my opinion is that this will be a good move for the company. The product will be Kapalua branded, and the additional marketing and reach to their customers should provide positive benefits.
October 15, 2009
My web site is now up and running, although I am still waiting for the IDX system to load onto the site. This is certainly a work in progress and any feedback you might have is really appreciated. Courtney Brown and I have remained very active with new listings, and we continue to assist buyers and sellers, even in this down market. Our team has opened multiple escrows and we look forward to successfully closing these transactions by mid November.
October 14, 2009
Bay Villa 33G1, a townhouse one bedroom two bath unit that has been completely upgraded is a "pocket" listing for us at $1,195,000. It has great views of the pool, and the upper lanai has Molokai, Lanai, ocean, and sunset views. This unit is in a private rental program and showings will be based on availability. At over 1,100 square feet, this is also one of the largest one bedroom units at The Bay Villas.
October 11, 2009
The SBS Championship, the PGA Tour's season opening event is scheduled to take place on Kapalua's Plantation Course January 4-10, 2010. A few pro-am spots are available, so if you are interested, please click here for additional information.