Honua Kai

As leading experts in the Honua Kai market, we keep abreast of the latest market trends, news, and available information. View Honua Kai condos for sale, view recent sales, investment analysis, sales data, financing news, and much more. Contact us for more details.

Found 71 blog entries about Honua Kai.

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honua kai real estate

The West Maui luxury real estate market may soon have a significant addition: Luana at Honua Kai! Since its introduction, Honua Kai was planned to be built in three phases: Hokulani Tower, Konea Tower, and the Luana enclave of luxury townhomes. As the timing of the towers coincided with the recession and it took time for absorption of the 600+ units, many speculations came about as to what was the developer's plan with Luana. Now, we have been informed of the developer's plan to build out Luana at Honua Kai but details are still forthcoming.

Originally, Luana was planned as 72 luxury townhomes divided among 18 structures. Please refer to site plan below for reference. Original plans were for

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As our team maintains a watchful eye on the Honua Kai real estate market, from time to time we highlight units that due to their location and pricing should be under consideration by prospective Buyers. Such is the case with Konea 529. 

honua kai konea 529

Interior courtyard 3 bedroom units are coming to the market more seldom and generally at a higher price, continuing a trend of increasing values. With an adjusted listing price of $2.495M, Konea 529 offers one of the stronger value propositions within its niche. With a 5th floor location, view corridors are commanding and the spacious 1,610 square foot, 3 bedroom / 3 bathroom is perfectly anchored to enjoy the breathtaking views. The three bedroom interior courtyard condos at Honua Kai are among the strongest rental

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Our team is proud to announce its participation in the sale of Honua Kai Konea 524. We successfully represented the Buyer in what is sure to be one of the year's best values at Honua Kai. The 750 square foot, mountain-view, one bedroom / one bathroom unit offers a very spacious layout, outstanding view corridors, privacy, and is a top performer among its niche. 

honua kai konea

The sale of Konea 524 recorded on June 30, 2017, for a sales price of $775K, marking one of the lowest price per square foot sales at Honua Kai over the past year. For those interested in learning more about the Honua Kai real estate market, contact us. Our team is uniquely poised to represent Buyers and Sellers in one of the most unique micro-markets of Maui luxury condos.

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One of the strongest values at Honua Kai recently sold. Our team is pleased to announce its participation in the sale of Honua Kai Hokulani 710 in representing the Sellers. With outstanding ocean view corridors and the soon-to-be resort setting of the Westin Nanea (north side still under construction as of this writing), the new owners of Hokulani 710 will enjoy the quiet rejoice of being on the top floor (no unit above) while taking in sunsets during season.

The sale closed on June 9, for a sales price of $1.325M.

honua kai

The 2 bedroom unit offers 1,100 square feet with bedrooms on each end, anchored by the oversized lanai. Sold fully furnished, it is ready to enjoy as a private residence or can join any rental program without missing a beat.

For

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Since its introduction, the Honua Kai real estate market has been one of the most active in all of Maui, particularly impressive given the price point, with current inventory starting in the $700K's and going upwards of $5M. And one of the most common questions asked by prospective purchasers is the status of the large plot of land between the towers and Honoapiilani Highway. For many years, the word was the developer would turn this land into luxury resort townhomes. Yet as the developer inventory was absorbed, it was thought/speculated that the developer would sell the land. As such, it is not surprising to have the parcel up for sale. honua kai luana townhomes

The 10.77 acre hotel-zoned parcel is presented by Colliers International, we may represent the Buyer at no

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Our team is proud to announce its participation in the sale of Honua Kai's Hokulani 442. The 1 bedroom + den niche at Honua Kai is one of the most competitive in the Kaanapali real estate market and our team represented the Buyers in their successful purchase. The sale recorded on March 22 at a sales price of $1.06M.

honua kai pools

The 950 square foot luxury unit enjoys ocean views from the lanai, while maintaining a beautiful and quiet resort setting. Located near the side elevator for convenience (less crowded than the main elevator, yet closer to the pool and goes directly to the garage as well), Hokulani 442 proved to be among the best values at Honua Kai in recent memory.

For those considering exploring the Honua Kai real estate market, contact us for

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honua kai maui

Today's question:

Question: I'm not very clear as to what the HOA fees at Honua Kai include, can you explain?

Answer: It is important to review all pertinent HOA documents as a matter of due diligence during the purchase process to better understand what is (and equally important, what isn't) covered. At Honua Kai, the monthly HOA fee (or 'Strata Fees', to our Canadian friends) is currently $1.66 per square foot of interior living space. This fee covers the costs for water, rubbish removal, sewer, landscaping, basic cable TV service, maintenance and electricity of all common elements, pest control, security, pool, capital reserves, payroll for the management/admin of the association, and insurance for the property (although as an individual

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Just a quick look at the magnificent facilities at Honua Kai on yet another picture-perfect day on Maui. 

honua kai pools

For those interested in learning more about the Honua Kai real estate market, contact us. We are entering what may turn out to be a pivotal time of the Honua Kai micro-market, now that the developer inventory is gone and resales will push values upwards. For more information, contact us. 

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honua kai hokulani 240

Our team is proud to announce its participation in the sale of Honua Kai Hokulani 240. As one of the premium offerings in the 1 bedroom niche at Honua Kai and a proven successful vacation rental property, Hokulani 240 received a significant amount of interest. The Catch 22, of course, is that as potential buyers are interested in successful rentals, those properties are booked fairly constantly making accessibility difficult. The proud new owners can rest assured in having purchased in one the most active/sought-after micro-markets on Maui with a potential for long-term equity growth and short term cash flow. 

The sale recorded on June 13, 2016 for a sales price of $840K, with no additional concessions by either party. For those interested in

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honua kai hokulani pool

Today's Question:

* I own a couple of condos at Honua Kai and now may be the time to sell. I was not aware of a transfer fee on all resales, can you explain?

That's a fair question and through conversations with multiple owners, it seems that not all owners are aware of it. Prior to building, the developer entered into a Settlement Agreement with the West Maui Preservation Association (click here to learn more about this non-profit organization), by which the community benefits by imposing a transfer fee of 0.25% of the sales price of any resales unit payable on transfer of title. Up to date (as of June 14, 2016), there have 117 resales at Honua Kai, totaling a sum of $161,483,634 with a very robust and active Honua Kai resales market ahead.

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