Maui 1031 Tax Exchange and Income Opportunity

Are you interested in finding some solid income property in a stellar location? On Maui, with our limited inventory places like this 6-Plex that just listed are a terrific opportunity in the right LOCATION.  With people being encouraged to work remotely and less need to be near major job markets dwindling, it’s got more people than you might think with their eyes on Hawaii.  Maui gets a lot of love for it’s less crowded, more relaxed vibe than Oahu… Especially from our major feeder markets like LA, Seattle, and Oregon… Not to mention our Canadian neighbors.

Income units on South Maui are literally non-existent and this is the only of it’s kinda the time of list  –  worth looking into and sharing.

A terrific opportunity for someone looking for a 1031 Tax Exchange.

Maui Income Property

Maui Income Property located 3 blocks from Charley Young Beach.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maui Palms Townhomes is boutique complex 3 blocks from sandy beaches and activities right in the heart of South Maui.  Just a quick stroll across the street the awesome swimming beaches for morning exercise and nightly sunsets. Easily accessible to many businesses for employment, as well as dining options and grocery for living conveniences.  Five-minutes (unless it’s high season and there’s traffic : )  from the world-class Wailea Resort with access to luxury hotels and amenities, world-class shopping, fine-dining restaurants, and golf.  For these reasons, this building garners premium rents and a high desirability year after year.

6 total units:

  • 5 units are 2 bedrooms, 1.5 bathrooms  939 sq. ft.
  • 1 unit is 2 bedroom, 2.5 bathrooms
  • Updates include new counters, flooring, and paint – varying throughout each unit
  • A well-maintained building shows pride of ownership
  • Onsite parking and a new roof.

JUST LISTED AT $2,560,200.

These are long term rentals in a highly desirable location in South Maui and consistently able to earn maximum income. Currently listed by Dano Sayles, Remax Lifestyle, and owned by a local family who purchased it back in 2005. All units are on month-to-month rental agreements. View Matterport tour for a more in-depth look at the units and their condition.

Check out what wonderful things Trip Advisor has to say about Charley Young’s Beach Park.

Charley Youngs Beach

An afternoon at Charley Young’s Beach, Maui Hawaii.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The real estate market on Maui has slowed down in volume since COVID19, but we are still over last year for median home prices.

 

Maui’s Real Estate Statistics – June 2020

 

 

 

 

 

 

 

Take a look at some recent Maui Real Estate Statistics.

Working remotely is strongly encouraged, and the new state of the world has people curious about shifting closer to more relaxed, less crowded places for the long term. Maui and the limited inventory along with the global interest have our island a solid investment for years to come.

If you’re looking for a solid investment, reach out… Let’s get your toes in the sand.

Aloha, Erica Haleakala – Wailea Realty + Windermere Maui.  – 808-281-4107

Erica Haleakala Maui Realtor

Erica Haleakala Maui Realtor

 

Posted on August 4, 2020 at 10:51 pm
Erica Haleakala | Category: Maui, Maui Economics, Maui Investment | Tagged , , , , ,

I Love to Paddle Canoe #mauiliving

One of my favorite pastimes since relocating to Maui almost 10 years ago is actually the State Sport – paddling in a 6 man outrigger canoe.  There’s nothing like greeting the sunrise from the water at the dawn of a new day. I have met so many friends and developed an extended family or “ohana” while playing on the beach in the summertime.  I give my time to my canoe club Lae’ula o Kai on the Board of Directors, and I feel supported by a community of professionals and participants with a common interest.  From the kupuna (elders) to the keiki (children), it enriches your lives to interact on a recreational level.  There are so many Reasons Maui and the beach are good for You.

This article posted in the Ka’hiau – community segment of The Maui News talks about my passion for paddling canoe and how you can get involved.

Practices begin early in the year and get more intense during springtime in preparation for the summer regatta season.  Get it touch if you want to participate!  They place you by division so you will always be amongst others at your age and skill level.

You know they say life expectancy is great in the islands, and I think we can attribute that to a more active lifestyle (in our earlier and later years), and a more relaxed pace and lifestyle.  I relocated from the Los Angeles market almost 10 years ago and can help others considering Relocating to Maui.  I look forward to connecting with my clients and introducing them to Maui’s best neighborhoods.

There’s something for everybody in Hawaii.  If you’re considering a change, reach out!

Life is short, let’s get your toes in the sand.

 

Posted on November 20, 2019 at 12:06 am
Erica Haleakala | Category: Maui, Maui Beaches, Moving to Maui | Tagged , , , , ,

Understanding Wailea Golf Membership

Understanding Wailea Golf Club Membership can be tricky. As projects were developed and plans were originally being set into place, different programs were approached and devised with the Wailea Community Association. Those qualifying for Wailea Golf Membership have no particular rhyme or reason why, it just “is what it is”.  Read below for a clarification on which properties qualify for Wailea Golf Membership or Owner Rates.

WAILEA PROPERTIES THAT QUALIFY FOR GOLF MEMBERSHIP:

Ekahi     |     Ekolu     |      Elua     |     Grand Champions Villas     |     Wailea Kai     |      Wailea Kialoa     |     The Palms at Wailea     |     Wailea Point     |     Wailea Fairway Estates     |     Wailea Golf Estates     |     Wailea Golf Vistas     |     Wailea Highlands

NOT ELIGIBLE FOR MEMBERSHIP, BUT QUALIFY FOR PROPERTY OWNER RATE:

Fairway Villas     |      Hoolei at The Grand Wailea     |     Papali Wailea      |      Wailea Pualani Estates

NOT ELIGIBLE FOR MEMBERSHIP OR PROPERTY OWNER RATE

Maluhia     |     Wailea Beach Villas     |     Kai Malu     |       Kanani Wailea

Check out these links for more information and applications on Wailea Golf Membership and benefits. For more details and to schedule a tee time, contact Wailea Golf at 808-875-7450.

Wailea Golf Membership Application 2018

Wailea Golf Property Owner App 2018


The Gold Course – Referred to as ‘ the thinking mans course”, this one is tougher requiring a more strategic approach. and less scenic than its neighboring comrades. At 7,078-yards and created by Robert Trent Jones Jr. this course received accolades from Golf  Digest, Golf Magazine, Conde Naste Traveler – just to name a few. Strategy and finesse are important to playing the Gold well, and the course’s intriguing risk-reward choices makes it possible to use every club in your bag.This par-3 beauty has golfers teeing off toward an unbeatable view of the ocean and little Molokini, a crescent shaped islet and one of Maui’s most popular snorkeling spots. Check out more details on the Wailea Gold Golf Course

 

The Emerald Course – At 6.825 yards, the Emerald Golf Course is the Wailea Blue courses immediate neighbor to the South. Enjoy picturesque over-the-top views for as far as the eye can see.  Carpet like fairways, tropical foliage and the fresh breezes ofHawaiian air. This course is known to be ideal for the recreational golfer, rather than the one vying for exact precision and difficulty. Golf for WomenMagazine has coined the Wailea Golf Club a Top Fairways Award for the country’s most women-friendly golf clubs, an honor that has been acknowledged seven times. With 4 to 6 per boxes on every hole, this course is no cakewalk and still geared to cater to any skill level.  Comments say that this course is “Challenging enough, certainly not punishing”.  More details on the Wailea Emerald Golf Course

The Blue Course is newly serving guests form the pro shop and its brand new location on Wailea Ike – adjacent Manoli’s Pizza Company – which is, by the way…  the perfect place for the 19th hole.  Meander through the relaxing fairways with outer-island views at the base of the 10,000 ft. dormant volcano, Mt. Haleakala.  Lovely tropical florals, a coral lake and classic coral sand bunkers slice up a game of strategy and competition for an avid golfer.  Lower winds than other courses on a good day, with scenic views from every holeThis Championship Course is Wailea and South Maui’s perennial favorite and probably the most popular. Check out the map of the Wailea Blue Golf Course


Clinics, tournaments, executive and corporate and fun and family play are always available.

This master planned 1500 acre Resort was thoughtfully designed for both full-time living and vacationers wanting a luxury lifestyle.  Whether you are a first-time buyer seeking a popular vacation rental investment, or wanting to purchase your quiet Maui retreat home, Wailea is a terrific place to park your money and watch it grow. With so much growth on Maui, it’s time for you to be a part of it.  Maui county was recently named one of the best places to own a home in Hawaii as posted by MauiNow.com 

If you’re considering an investment in the Hawaiian Islands, reach out. Let’s get your toes in the sand.

With aloha, Erica

Posted on May 21, 2019 at 4:02 am
Erica Haleakala | Category: Maui, Maui Development, Maui golf, Maui Real Estate Reports | Tagged , , , , , , , , ,

Oceanfront Luxury Rentals at The Mana Kai

 

Absolute oceanfront location in one of the most desirable beach locations in South Maui. The Mana Kai building is like something out of a daydream. Surf, stand-up, and basque in the sun, right in your backyard. Enjoy a sunset stroll on the soft sand and finish it off with fine dining on the beach. This short-term rental opportunity is unlike any other. Seldom having vacancies during the popular months, this investment is almost a no-brainer and an escape away from reality.

There is no better time to start thinking about your retirement.

 

 

 

 

 

 

 

 

 

 

 

 

 

Newly available, unit 707 has remarkable finishes and epic views.

  • 2 bedrooms, 2 bathrooms
  • Panoramic outer island and majestic Haleakala views
  • Highly desirable sandy beachfront location
  • Extremely successful vacation rental

Check out the full listing here.

 

 

 

 

 

 

 

 

 

 

 

 

There is no better place to eat, sleep and play than South Maui. Appreciate all of the hard work you’ve taken to get here.

If you are interested in a vacation rental on Maui, reach out. It’s amazing to see the potential that a revolving asset can do for you.

I’d love to show you the best opportunities available.

With Aloha,

Posted on December 14, 2017 at 12:14 am
Erica Haleakala | Category: Fine Dining, Oceanfront, Short Term Rentals | Tagged , , , , , , , , , , , ,