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1808 Halama St
Kihei, HI 96753
$9,950,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
4000
Property Description
SUBSTANTIAL PRICE ADJUSTMENT! BRING YOUR BUYERS TO THIS OCEANFRONT HOME WITH 4 BEDROOMS AND 4 BATHROOMS PLUS ATTACHED RENTABLE 1 BEDROOM 1 BATH OHANA... If these walls could talk... Beyond the lava rock walls of this fully gated oceanfront estate lies the quintessential traits of a family home born of South Pacific and Hawaiian origins. It is here that special gatherings will abound and lasting memories will be created. Within its walls, a secret garden adorned with lush tropical plants leads to two oversized covered lanais, flanking both the front and ocean-facing sides of the home. Entering through its double door entry, one’s eye is immediately drawn through the main gathering space, with soaring 20+ feet-high ceilings, and out to unobstructed views over the covered lanai, grounds, pool, Pacific Ocean, and neighboring islands beyond. The chef’s kitchen, as the heart of the home with its double islands, sinks and ovens, make special gatherings a breeze by allowing guests to transition seamlessly onto the adjacent lanais. Top of line Thermador and Bosch appliances, cherry wood custom cabinetry and Brazilian cherry wood flooring carry through the entire main house as well as the attached ohana. The master suite and three guest suites (presently outfitted as two bedrooms plus an office suite) flank a center gathering space providing ideal separation and privacy for those who dwell within. An attached one-bedroom, one-bath ohana stands ready to receive in-laws, guests, or a house manager, with its separate kitchen and living area, and private ground floor access... A huge pantry, playroom/pilates/yoga area as well as air conditioned bonus/storage room complete the main house living space. Consider starting the day by enjoying coffee and the morning sun on the oversized 600 square foot lanai overlooking the east facing private gardens. Then spending the afternoon on your nearly 1300 square feet of oceanside lanai which provides outstanding outdoor living. Have a meal, go for a swim in the heated lap pool or just lounge at the in-pool ledge or sunbathe at the lawns abutting the water's edge. Take a nap or just enjoy south Maui's iconic views... The joint 1900 square feet of covered loggia provides substantial shade under which to relax and entertain. At the end of each day, simply enjoy the ever-changing glorious daily Maui sunsets framed by gas-lit tiki torches. Direct unobstructed views to the islands of Lanai, Kaho’olawe, Molokai and Molokini as well as to the West Maui mountains and Big Beach (Puu Olai). Private, gated, exclusive, and unassuming… World Class shopping, dining, golf, & tennis are literally steps away. 87 owned net metered solar photo voltaic panels service individually metered main house and attached ohana. Double seawall, poured concrete slab and large storage room for housing a multitude of ocean toys. Laminated windows adds both security and soundproofing. Copper roof, cedar wood exterior cladding provides both longevity and resistance to pests . Approximately 6,000 square feet under roof including 1900 square foot of covered lanai. Property is serviced by both a private well and a county water meter.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2007
MLS Number
400546
Location
Address
1808 Halama St
City
Kihei
State
HI
Zip Code
96753
County
MAUI
Listing
Provider
Maui Real Estate Advisors, LLC, original listing
Name
Maui Real Estate Advisors, LLC
Phone
(808) 875-4444
Office Name
Maui Real Estate Advisors LLC
Office Phone
(808) 875-4444
Agent Name
Anthony Cadiz

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.