Maui Real Estate Blog

North Shore Oceanfront-Back on the Market at a Great New Price

Our spectacular listing the Pali Makai Estate is back on the market at a great new price. This one of a kind property is located on the dramatic coastline of Haiku on the North Shore of Maui. Perched on the cliffs, it offers stunning ocean and mountain views. The home itself is part art/part domicile. The home draws on the architectural traditions and art work of Bali and Indonesia. Beautiful carvings and antiques are incorporated into the home.

While the home is artistic, it is far from delicate. Built to withstand the elements, this home uses only the best and most durable materials. It would be impossible to replicate this home in its location at its current asking price. This home is a great oceanfront value at $3,850,000. Contact us today for additional information and/or an exclusive showing.

Pete Jalbert

Maui Real Estate Blog

High Sales Prices on North Shore Luxury Homes

The luxury real estate market remains resilient on Maui. The North Shore and Upcountry Areas have been particularly strong with two high sales prices set last week. Our listing at Maunaolu Plantation between Makawao and Paia closed at $2,350,000. This beautiful property included a three bedroom/3.5 bath home, pool, spa and 2 bedroom/2 bath cottage on over 2 ocean view acres. This is the highest sales price in the subdivision to date. While this is nothing to sneeze at, the North Shore saw its highest sales price ever when an oceanfront home in Paia closed for $6,000,000. This spectacular contemporary home had 5 bedrooms and 5.5 baths in a breathtaking setting.

It will be interesting to see what happens with the luxury market over the next couple of months. Last year, we saw a number of luxury homes go into escrow over the last week of the year. This resulted in at least a half dozen sales in excess of $6,000,000 including the highest sales price to date on Maui at $19,200,000 for an oceanfront estate in Makena. We will continue to keep you up to date on the luxury market on THE Maui Real Estate Blog.

Pete Jalbert

Maui Real Estate Blog

Maui Ultra Luxury Market Strong

Maui’s high end luxury market appears to be going strong. There were three very high end closes on the MLS today including the highest residential sale to date on Maui. The properties were located in the three resort communities of Wailea, Kapalua and Makena respectively. A 6,200 square foot home in the Wailea Highlands subdivision sold for $6,850,000. The home is situated on a just under a half acre in a gated community. It boasts an open floor plan, top quality materials and huge views. The next big sale today was a 7920 square foot ocean front home in Kapalua in the prestigious Kapalua Place Subdivision. This spectacular home closed for $13,940,000. This is the highest priced sale to date in Kapalua. Last but not least, a new high water mark has been set for single family home sales prices in Maui. A 4,868 square foot home on 1.69 oceanfront acres just sold in Makena for $19,200,000.

While the pace of sales in our market has slowed overall, there appears to be pretty good traffic in the ultra high end market. In the past six months, there have been 16 closes over $5,000,000. It will be important to remember the three high end closes today when next month’s real estate statistics come out. Three closes of this dollar value have a pretty good chance of skewing our average sales price.

If you are interested in Luxury properties on Maui, feel free to contact us at any time for listings or additional information.

Pete Jalbert

Maui Real Estate Blog

Three Maui Luxury Home Values

The terms luxury home and value are not mutually exclusive. We have three luxury listings that stand out in the market place. If your vision of luxury involves walking out the back door and feeling a white sand beach between your toes, Aina Lani is tough to beat. A 1/2 acre, two well appointed homes and 150 lineal feet of white sand beach front. This is a great home for those who want a true white sand beach and loves their water sports. If you are a windsurfer, this may well be nirvana. Offered at $3,995,000. Seller has an inactive real estate license. Compare to other beach front listings and you will see the value.

When it comes to Oceanfront Estates, it is hard to match Pali Makai. This property is on 5.8 acres along the dramatic cliffs of the North Shore. The spectacular ocean vistas are second to none. The materials and construction are all first class. It would be extremely difficult to replicate this home’s setting and construction at its current list price of $4,000,000.

If your vision of luxury involves a spacious home, our listing in West Kuiaha Meadows in Haiku is one of the island’s best cost per square foot performers. With over 5,600 square feet on 2 acres in a gated community, there is plenty of room to roam. Size does not mean the builders sacrificed quality. High Quality materials used in the construction include travertine, granite, high end appliances and more. Two stories of windows makes for spectacular ocean views. This home is priced to sell at $2,300,000.

Contact the Jalbert brothers for more information on any of these wonderful luxury properties or to arrange an exclusive preview.

Pete Jalbert

Maui Real Estate Blog

Want to Whale Watch from Home?

It has been a few weeks now since the first humpback whale of the season was spotted along the coast of Maui. Within another month or so, whale season will be in full swing. Whale watch tours embark from Ma’alaea and Lahaina in South and West Maui respectively. The North Shore area is less renowned for whale watching. That is more a byproduct of the winter surf conditions than an absence of whales. I would anticipate a lot of green passengers during a north shore whale watch. That being said, they would see a lot of whales. I have seen whales breaching, slapping their tails or gently rolling along the surface from vantages throughout Paia and Haiku. One of the best whale watching experiences was at our beautiful listing the Pali Makai Estate.

Set a stone throw from the cliff’s edge, this home has enormous ocean views. The bay below is a popular spot for whale calves. I watched a baby humpback breach over a dozen times in this bay while Mom splashed her tail along the baby’s side. That is but one of many “shows” the whales have put on for me while visiting the Pali Makai. When sitting in the living room, you can literally see nothing but ocean and sky out the north side of the room. Sometimes, you get the sense of being more on a ship than a home. That being said, this home is built more solidly than the hardiest of ocean going vessels. It features the highest quality materials and superior finishing. The end result is a home that is both beautiful and low in maintenance. This is a great opportunity to take in natures wonders from home whether it is a whale breaching, sunrise or sunset, giant winter surf or countless rainbows. Contact us today for more information on this one of a kind property. If you act now, you could be watching whales from your back yard during peak whale season!

Pete Jalbert

Maui Real Estate Blog

Maui Estate Properties

Two spectacular estate properties on Maui were just reduced in price. The one property is located up in Kula and Haiku. If you are thinking of building a spectacular estate property in the Upcountry, our office’s listing in Kula is a strong candidate. The Kula property has over 21 acres and spectacular views of both coast lines and neighboring islands. There are a number of great sites available for building. The property has been planted extensively with Koa trees and tropical plants. There is a spectacular 1,600 square feet cottage on the property that was built with 5 star quality by George Rixie. Stay here as your dream home is built!

If you are looking for the ready made estate, this Haiku property is ready for you to move in today. Every detail was considered in the planning, construction and landscaping of this magnificent property. This 3 bedroom/3.5 bath home has over 3,100 square feet of living space. The home features extensive wrap around covered lanais, gourmet kitchen, a beautiful covered planter area, massive hot tub and deluxe exercise room. You can take in the beautiful north shore views from the hot tub. In addition to the main house, there is also a detached ohana with a complete modern office and a large barn. Nature trails meander through the beautifully landscaped two acres.

These two estate properties are listed through our office at $3,999,000 each. Contact the Jalbert brothers today for additional details or to set up a showing.

Pete Jalbert