It's difficult to put a price on a breathtaking view, but this week's featured property is for sale below market price and features magnificent vistas of lush green fairways and the sapphire blue of the ocean beyond. In the distance, the neighboring islands of Molokai and Lanai add their dynamic silhouettes to the scenery, enhancing West Maui's uncommonly beautiful sunsets. Yes, this home is located in West Maui. More specifically, you can find it tucked away down a long driveway off a cul de sac at the very end of this particular community: The Pinnacle at Ka'anapali.
The Pinnacle House features not only those stunning views we described, but a corner location in its quiet community, and mature tropical landscaping with lush palm trees to add to its exceptional privacy. The home was designed with the perfect blend of indoor/outdoor living, and we would expect nothing less in such a special location. Among its finest features are the elegant infinity pool, the gourmet kitchen, and a spacious media room. When you walk in the front door, you will easily find your way to the main living area and dining area, which feature multi-panel sliding glass doors to open the indoor space to the pristine beauty of the outside.
Also on the main entry level, you'll find the master suite, while the two guest bedrooms are located downstairs. Each of the three bedrooms provides a lovely en suite, and the home features two additional half bathrooms. Step outside the master suite and you'll find yourself standing on the spacious upper level lanai and the infinity pool. It's a wonderful place to relax, go for a swim, and soak in the surrounding glory.
In total, the Pinnacle House features over 5,600 square feet of sheltered space, while 3,889 square feet of that space is indoors. The angle of the home is ideal for enjoying sunset views. There are plenty of comfortable gathering places for entertaining friends and family, or hosting parties.
The home is a must-see, and in addition to its charms, The Pinnacle Kaanapali community includes some of the finest real estate in the area. There are 33 estate-sized custom home sites, many of which have been expertly developed. Thanks to the exquisite views and luxury homes, this community has become a hotspot in terms of real estate. This featured home is located on the bottom right side of The Pinnacle Kaanapali development. You can view The Pinnacle site plan here for reference.
To learn more about the community itself, visit The Pinnacle Kaanapali. If you're interested in this or any other property on the island, we'd be happy to schedule a viewing and assist you through every step of the real estate purchase process. You'll find our contact information by clicking here if you should need us. Mahalo!
You may have guessed that Hawaii's median home prices are higher than average, but did you know that property taxes are the lowest in the nation? According to a report by WalletHub, Hawaii's property tax rate of 0.27 percent is lower than all the other states in the nation.
As the report revealed, the median price of a U.S. home was $178,600 in 2015, based on Census Bureau data. WalletHub found that Hawaii's annual taxes on a home at that price would be $487. Compare that to New Jersey, which had the highest property taxes on a home of the same price, which came out to at $4,189. Hawaii's tax rate is 8.6 times lower. After Hawaii, the next cheapest property taxes are found in Alabama, where the rate is 0.43 percent. That means a homeowner would pay $773 on a home worth $178,600, which is $286 more than a Hawaii homeowner would pay.
Surprised? Check the WalletHub report here. Of course, Hawaii's median home prices are much higher than the U.S. average, but there are plenty of Maui real estate listings that fall above or below the Maui median, which was $636,750 in 2016. Being that our median home prices are high, which increases the total spent on taxes, it's worth considering that the average American household spends $2,149 on property taxes each year.
Should people consider property taxes when they decide where to move? WalletHub asked Roger H. Gordon, Professor of Economics at University of California San Diego, for an answer to that particular question. The professor stated that based on empirical evidence, the answer is yes. People factor in property taxes and local government expenditures, both of which influence property values.
If you're in the market and you have any questions about Maui real estate, you'll find our contact information at the bottom of the page. We can help answer your questions and assist you in finding the right property, based on your budget and preferences. For more useful information on Maui's real estate market, along with community events and lifestyle opportunities, check back each Friday for our latest blog entry. Mahalo!
Photo Courtesy of: Da Kitchen Restaurant
The 4th Annual Localicious Hawaii campaign is officially underway, bringing local ingredients to some wonderful participating restaurants on Maui throughout March. Among these restaurants are a celebrated collection of chefs who are using fresh, healthy local Maui ingredients in the dishes they serve to us, the patrons. This supports hard working folks on the island as well as ourselves!
There will be over 170 eateries participating in Hawaii, with Honolulu claiming the majority, but Maui will have nearly 20 of its own participants. They will feature menu items with products that are locally grown, caught or raised. Each time a Localicious dish is purchased, a dollar goes to the Hawaii Agricultural Foundation (HAF), with the specific purpose of expanding agricultural education programs.
All the proceeds are currently going to fourth-grade teachers via the Veggie U program, giving them tools to engage students in interactive scientific and agricultural activities. Since the program began in 2014, garden kits and structured curriculums have been provided to about 60 public schools and 170 classrooms throughout the state. Who knows, perhaps these efforts will inspire future generations of healthy food producers here on Maui.
According to Denise Hayashi Yamaguchi, executive director of HAF, more and more restaurants are getting involved with this initiative every year. That means more collaboration on healthy, local agricultural production with students, farmers, fishermen, and ranchers. If you're interested in this kind of work, take a look at Maui vacant land listings, many of which are agriculturally zoned. If you want to sample some fine local cuisine, here is your guide.
Localicious Participating Maui Eateries:
If you need more details on this month-long culinary event, you can visit localicioushawaii.com. If you're in the market for Maui real estate, but you're still getting familiar with the island, this is a great opportunity to familiarize yourself with the culinary scene. Especially the eateries that participate in community efforts to promote farm-to-table local food production. Mahalo, and enjoy!
If you're in the market for Maui real estate and you have specific needs in mind, you have most likely begun browsing listings in your favorite areas, or maybe even scoured the multiple listings system. When you're looking for that one property that's just right for your needs, it can take time to find, but the results are worth the wait, especially if you love Maui.
If you're tenacious in this way, or you just like to keep an eye on the properties on the market, try our new Maui real estate listings link. It will show you all the newest listings on the market as they are added, and the system is updated every single day. Most days, a few new properties come up on the market, but some days are busier than others. Check the link once a week, and you'll have plenty of new homes, condos and vacant land listings to browse through.
One of the advantages to keeping an eye on new listings is if you want to get ahead of the competition so you can be the first one to pounce on those good deals that appear periodically. This can be an effective strategy whether you're buying purely for investment purposes, or if you're looking for a Maui home that you plan to live in for part or all of the year.
Maui's is a relatively small real estate market, so you can easily comb through new listings weekly, especially if you're looking for real estate in a certain area. As you browse through the list, you'll find the location of the listing in the top left corner. The asking price, as well as the number of bedrooms and bathrooms is also displayed. You can click "more info" for additional details.
Our new Maui real estate link also breaks up the listings according to date added, with the most recent additions appearing first. The date appears in red between days and at the top of every page, so you can easily keep track of when listings were added. If you find a listing that you're interested in, you can contact us to schedule a showing. We would also be happy to answer any questions you may have on your search for the right property. You'll find our contact information at the bottom of the page. Mahalo!
It's difficult to put a price on a breathtaking view, but this week's featured property is for sale below market price and features magnificent vistas of lush green fairways and the sapphire blue of the ocean beyond. In the distance, the neighboring islands… Continue Reading
You may have guessed that Hawaii's median home prices are higher than average, but did you know that property taxes are the lowest in the nation? According to a report by WalletHub, Hawaii's property tax rate of 0.27 percent is lower than all the other states in the… Continue Reading
Photo Courtesy of: Da Kitchen Restaurant
The 4th Annual Localicious Hawaii campaign is officially underway, bringing local ingredients to some wonderful participating restaurants on Maui throughout March. Among these restaurants are a celebrated collection of chefs who are using fresh, healthy… Continue Reading