All Blog Entries by Courtney M. Brown

Courtney M. Brown is a Vice-President and Realtor (S) with Island Sotheby's International Realty on the island of Maui.  Courtney was born here on the island of Maui, and dedicates herself to providing her clients with information on market trends, as well as all of the fun adventures and events that await you on Maui.

Found 233 blog entries published by Courtney M. Brown.

The trend in architecture here on Maui for the past few years has been to create living spaces that open to embrace the outdoors--whether it be pocketing doors to open to spacious lanais, outdoor kitchens, or garden showers.

As featured in Island Sotheby's International Realty's article, The Best of Maui Indoor Outdoor Living, two of our listings are showcased for their seamless integration of tropical gardens, tropical breezes, and magnificent views into the living spaces.

Montage Residences Kapalua Bay

199 Plantation Club Drive in the Plantation Estates features pocketing sliding glass doors in the dining and living rooms, giving way to a spacious lanai and an infinity edged pool.  The outdoor kitchen is a grill-master's delight.  Ideal for entertaining, the lanai offers

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As many of the buyers of Maui real estate purchasing the property as a second home, the way property taxes are assessed here may differ from how properties are assessed in their home state or county.  

Each Year, Maui County will assess both property values and establish new rates.  The 2016-2017 rates follow below:

 

Maui Real Property Tax Rates 2016-17

While the county assess rates on a /$1000 basis, when coming up with figures, I find it easiest to use $1M.  For example, if buying a condominium that will be rented as a vacation rental, it would fall under the Hotel & Resort category, which is $8.71/$1000.  If you are buying a property assessed by the county at $1,000,000, it would be $8,710/year.  If the property is $500,000, it would be half that, or $4,355.  The following

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Kapalua Golf Villa 26T8

This spectacular one-bedroom townhouse villa is situated overlooking Kapalua's Bay Course with views to the Pacific Ocean and the channel between the islands of Lanai and Molokai.

Owners in Kapalua may apply for membership in the Kapalua Club, which offers an array of benefits to its members.  Currently, a club membership allows use of the Spa Montage, the Beach Club at Montage Residences Kapalua Bay, and special rates for golf and tennis.

The Kapalua Golf Villas are centrally located within the Kapalua Resort, close to shops, restaurants and beaches.  For more information on any Kapalua properties, contact Courtney.

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Maui Real Estate Market Spotlight |  West Maui Oceanfront Homes
Olowalu to Kapalua

West Maui Oceanfront Homes for Sale

West Maui, which stretches from Olowalu to Kapalua, naturally has a very limited number of oceanfront homes unlike other coastal areas of the island.  A majority of the oceanfront homes here are on rocky beaches or points, and only a handful are located on the beaches in Olowalu, Lahaina, Kaanapali, Kahana, Napili and Kapalua.  

Maui Oceanfront Homes:

West Maui Oceanfront and Beachfront Homes | Market Overview
Active Listings: 4
Price Range: $9,895,000 to $20,000,000  
Average List Price: $15,646,250
Average Days on Market: 393
Average LP $/Sq. Ft.: $2,807

Pending Sales: 2
Price Range: $5,850,000 to $12,800,000
Average List Price: $9,325,000
Average Days on

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I was recently asked to write a piece for MauiNow.com on living in Kapalua.  It quickly morphed into a piece on the Kapalua Hiking and Walking Trails, as I realized that they are my favorite part of living in Kapalua.  There is so much natural beauty in the resort--it is just 1600 acres set within 22,000+ acres of conservation land.  There is a 45 acre marine preserve, and the area is home to endangered species.

Kapalua Lake Loop Hiking Trail

Sunset at the Lake at the Village Lake Loop, Kapalua Village Trails

The Lake Loop is my go to for a daily walk--there are several loops and you can create different paths, many of them challenging. For more information, read the article on the Kapalua Hiking and Walking Trails.

The Village Trails are also home to the XTERRA World

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The Montage Residences Kapalua Bay

Since opening to the public in 2014, the Montage Kapalua Bay Hotel and Residences has been gathering some of the hospitality industry's most coveted awards and accolades.  In 2016 it was awarded 5-stars by Forbes, and named the #1 Best Resort Hotels in Hawaii and #4 Best Hotels in the World by Travel and Leisure.  The Spa Montage (Conde Nasté Reader's Choice Awards, 2015 20 Best Spas) and its flagship restaurant, Cane & Canoe (Maui No Ka Oi Magazine, Best Innovative Menu, 2016 and Best New Restaurant, 2015) have also been recognized.

With a focus on five star service and amenities, and its incredible setting, it's no surprise the private residences are also proving to be very desirable purchases, setting record

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Kapalua Residential Real Estate Market Update

The Kapalua Resort offers many real estate ownership options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment during the time period through today's posting.

Kapalua Homes:

Kapalua Homes for Sale

Pineapple Hill and Pineapple Hill Estates
Active Listings: 12
Price Range: $2,150,000 to $6,300,000
Average List Price: $3,537,791
Average LP/Sq. Ft.: $821
Average DOM: 258
Size Range: 3,522 sq. ft. to 8,172 sq. ft.

Pending Sales: 0

Sales 2016 YTD: 6
Price Range: $2,150,000 to $2,700,000
Average Sales Price: $2,353,333
Average SP/Sq. Ft.: $670
Average DOM: 275

Sales 2015 YTD: 7
Price Range: $1,975,000 to

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Maui Real Estate Market Update

Through August 2016

The August Maui County Real Estate Market Update is now available for your review.  The report details sales activity through August, 2016 as compared with that of the prior year.  

Maui's Real Estate Market: Active Listings

  Active Listings Average List Price Average Days on Market
All 1,629 $1,484,435 254
Residential 502 $2,283,790 163
Condominium 778 $981,617 177
Land 349 $1,455,543 558

Maui's Real Estate Market: Sales through August 2016

Across the island, the median sales prices are up for homes and condominiums, but down for vacant land.  Sales volume increased most for condominiums,

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Alaeloa Maui
New Listing and Market Update

Alaeloa is truly one of Maui's hidden gems...an enclave of just 42 residences on 13 acres, this private, gated community is situated on a private oceanfront cove in Napili.  Through a large mango grove there is direct access to a crescent beach and the surf break at Little Makaha.  Along the ocean is a large heated saline pool, along with a relaxing Pavilion with kitchen, bathrooms and showers, kayak and board storage areas. 

Alaeloa Maui Condominium Grounds

The oceanfront pool at Alaeloa

Introducing Alaeloa 40

This two bedroom, two bathroom condominium residence is one of only two townhouse units on property.  The two story floor plan provides views from both levels, and has been extensively refurbished and beautifully

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Maui Real Estate Market Update | July, 2016

The July Maui Real Estate Market Update is now available for your review.  The report details sales activity through July, 2016 as compared with that of the prior year.  Across the island, the median sales prices are up for homes, condominiums and land.  Sales volume increased in both number of sales and sales volume for condominiums when comparing this year over last.  However, the home and vacant land market didn't fare as well.  Read more...July 2016 Maui Real Estate Market Statistics

Maui Real Estate by Property Type: July 2016 vs. 2015

As one might expect, the bulk of sales are condominiums (53%) and homes (43%), with vacant land (3%) and other (6%).  Island wide, the Maui Real Estate Market saw the following when comparing this year over

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