Real Estate

Jesse’s List–Maui’s Hottest Properties in Pā‘ia, Mā‘alaea and Napili

November 5, 2015, 12:41 PM HST
* Updated November 5, 12:50 PM
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Maui Now presents the second real estate column in its “Jesse’s List: Maui’s Hottest Properties” series, MLS listings selected by contributing writer Jesse G. Wald, a real estate, architecture and construction professional.

As a Realtor, he has firsthand knowledge about the island’s most sought-after properties for luxury buyers, investors and those looking for a primary residence on Maui.

The following are his picks of the week, courtesy of Hawai‘i Life Real Estate Brokers, Whalers Realty Inc. and Century 21 All Islands.

Lux pic 1 jesse

Luxury pick: 477 Laulea, Pā‘ia. Photo provided by RAM.

Luxury Pick
477 Laulea, Pā‘ia
4Br/3Ba 2, 462 SF, Beach Front
$7,900,000

The first oceanfront residence listed in Spreckelsville since 2013 makes this a truly unique offering. Spreckelsville is centrally located on the island and offers the ideal North Shore lifestyle. The golf cart community with easy access to Maui Country Club and a variety of beaches Spreckelsville is highly sought-after.

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Currently the only oceanfront estate available in the desirable community of Spreckelsville, this luxury residence is surrounded by unparalleled views of the North Shore, West Maui Mountains and Moloka‘i, with oceanfront access to some of the world’s most coveted windsurfing grounds.

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Luxury pick: 477 Laulea, Pā‘ia. Photo provided by RAM.

Reminiscent of Old Hawai‘i, the elegant plantation-style architecture lends to the seamless flow of the home. Originally built in 1933, the residence was meticulously restored in 1995, adhering to the original plantation theme, but with added, modern touches, including central air conditioning.

The original fir hardwood floors run throughout the home, giving it an authentic Island feel.

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The four bedrooms and three full bathrooms are thoughtfully placed for privacy and access to ocean and mountain views.

Luxury pick: 477 Laulea, Pā‘ia. Photo provided by RAM.

A large pool and spa separate the main residence and guest cottage, offering privacy and ample room for multiple visitors.

The gated grass lawn area and expansive oceanfront lānai create a casual outdoor living and entertaining environment—and a water enthusiast’s dream.

Listing courtesy of Hawaii Life Real Estate Brokers.

Primary Residence Pick: Napilihau Villages, Unit 4-203, Napili. Photo provided by RAM.

Primary Residence Pick:
Napilihau Villages, Unit 4-203, Napili. Photo provided by RAM.

Primary Residence Pick
Napilihau Villages, Unit 4-203, Napili
2Br/1Ba, 646 SF, Fee Simple Condo
$299,000

With only two condos listed on the West Side of Maui under $300,000 with two or more bedrooms, this Napili listing offers a more affordable option for anyone looking for a primary residence.

Primary Residence Pick: Napilihau Villages, Unit 4-203, Napili. Photo provided by RAM.Napilihau Villages has low association dues and is one of the few condo complexes that allows pets. This two-bedroom, one bathroom unit is located on the second floor. It has an upgraded kitchen with Corian countertops, and wood floors in the living, kitchen and bedrooms. There is an outside storage area by the front door and the unit comes with two parking spaces! This is a great neighborhood with easy access to Napili Plaza Shopping Center and just a few minutes from Napili Bay.

Listing courtesy of Whalers Realty Inc.

Investor's Pick: Kanai A Nalu, Unit 213, Mā‘alaea. Photo provided by RAM.

Investor’s Pick: Kanai A Nalu, Unit 213, Mā‘alaea. Photo provided by RAM.

Investor’s Pick
Kanai A Nalu, Unit 213, Mā‘alaea
2Br/2BA, 952 SF
Lease Hold Vacation Rentable Condo
$299,000

All of Maui is close at hand when you are in Mā‘alaea. Kanai A Nalu is a popular boutique complex in the Mā‘alaea neighborhood. It is one of the few in the area that boasts a sandy beach; others are fronted by seawalls. Sugar Beach is one of the longest stretches of beach on the island.

Investor's Pick Kanai A Nalu, Unit 213, Mā‘alaea, RAM photo.It is a great two-bed, two-bath unit. Kanai A Nalu’s occupancy rates are typically above 75%; two bedrooms can command rental rates between $175 and $325 per night.

Enjoy watching the whales play from your lānai, or a leisurely walk on the 4.5 miles of beach. Hop on a snorkel or whale watching boat at the end of the street. Visit the aquarium, or enjoy the fine dining in Mā‘alaea.

This lease-hold unit is one of the most stable on Maui. It doesn’t expire until 2066. The next two rent raises are already negotiated, which will give you peace of mind for the next 20-plus years.

Investor's Pick Kanai A Nalu, Unit 213, Mā‘alaea RAM PHOTOThis is a rare opportunity to own a beachfront condo on one of the best islands in the world for less than $275,000.

Listing courtesy of Century 21 All Islands.

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