The first quarter of 2014 is in line with activity in the country. Sales have slowed down. There were only 4 closed sales, however, prices were high, very high in fact:
- Mapu Place $1,300,000
- Kupulau Drive $1,050,000
- Kehala Drive $965,300
- Kaimana Place $7,500,000
Whoa, wait, $7.5M in Maui Meadows? Yes, you are correct. The property consists of 2 large single family homes on multiple acres in the gated community of Kaimanu Estates. If you're not familiar, the subdivision has only 9 home sites and is bordered by acres and acres of undeveloped ranch land. So that sale was a bit out of the ordinary.
Currently, there are 5 homes under contract:
- Kupulau Drive $3,345,000
- Kupulau Drive $1,250,000
- Kupulau Drive $975,000
- Hoomua Drive $1,325,000
- Kumulani Drive $500,000
Wait, $3.5M in Maui Meadows proper? Well, yes, but that house was amazing. Great pool and guest house and not another roof top in sight (except for your guest house), and awesome ocean views. Not to mention a spectacular Wailea-style remodel.
These sales may be bucking the current trend, but I think it points to the fact that perhaps Wailea is becoming unaffordable again and savvy buyers are looking to Maui Meadows. I don't blame them. The views can be way better up here. I know, I live here.
Active Maui Meadows Listings
Now, what is on the market, you ask? There are presently 19 active listings in the area.
1. 3145 Mapu Place (MLS 357909) is the least expensive at $735,000.
3145 Mapu Place
The existing cottage is 2 bedrooms, 2 baths at 704 square feet. The only thing missing here is the main house. That can be built now or in the future. This is an inexpensive way to get into Maui Meadows.
Ocean and outer island views are had from this listing
2. 619 Kupulau Drive (MLS# 355235) is a mid range priced listing at $1,150,000.
619 Kupulau Drive
The main house is 4 bedroom, 4.5 bath all in 2,943 square feet. There is also a detached 2 bedroom, 1 bath guest house at 969 square feet.
The highest priced home in the neighborhood is, again, in the Kaimanu Estates.
3. 200 Kaimana Place (MLS# 358690) is listed at $5,200,000
200 Kaimana Place
This awesome estate is Mediterranean in style with 4 bedrooms, 4.5 baths at 4,350 square feet. It also includes a pool and pool house.
Want to Call Maui Meadows Home?
There's a listing for every price range in Maui Meadows. Please view my Maui Meadows Gallery of Homes to see all the currently available listings in the area. If you are interested in becoming a neighbor, don't hesitate to contact me.
Ken Molina 808.344.6421 email@example.com