Luxury Home Magazine Hawaii 9.3

Issue 9.3

P A C I F I C

L uxury Living

TM

Prestigious Member Awards

At The Newsstand: $3.99

LuxuryHomeMagazine.com

5419 Nakoa Street, Poipu Beach Estates, Kauai Presented Exclusively by Yvonne Summerfield See Pages 14 & 15

808.532.3330

John “Jack” Tyrrell, Realtor®, CRS, & CPA (not in public practice) Jack.Tyrrell@JTCHawaii.com C: 808.306.6933 O: 808.532.3330

Visit Our Website Today For More Information JTCHawaii.com

THE HOKUA UNIT 20D MLS#201405506 Live the Lifestyle that only The Hokua can provide.

One-of-a-kind ‘D’ unit in Hokua At 1288 Ala Moana— Honolulu’s Premier Luxury address. This highly soughtafter unit is perfectly situated at the midpoint of the building providing the very best east-to-west views that include Diamond Head, the yacht harbor, Ala Moana Beach Park, and the beautiful Pacific Ocean. 20D is also highly upgraded throughout and is the only unit in the building with sliding windows for cross ventilation and better enjoyment of natural air. Other superior upgrades include a water detection/shut-off system, engineered wood flooring, custom tiling, extensive builtins, wireless HiFi audio system, custom lighting, closet systems, and a superior blackout shade in the master bedroom. This residence, a primed canvas, is ready for your unique interior styling and personal touches to make it YOUR home. Building amenities include full concierge service, five guest suites, extensive fitness center, pool and spa, tennis court, dog parks, and barbecue cabanas.

Hokua20D.com

Offered at $4,500,000 2 bd . 2 ba . 1,981 sf

808.532.3330

THE HOKUA UNIT 24A

Offered at $3,288,888

TRUMP WAIKIKI 1313

MLS#201402500

3 bd . 2.5 ba . 2,325 sf

MLS#201400502

Another opportunity to Live The Hokua Lifestyle.

UPGRADED corner-end residence in Honolulu’s PREMIER Luxury Condominium. This 3-bedroom floor plan is the largest on each floor. High ceilings & floor-to-ceiling windows in the open living room & dining area showcase spectacular views of the ocean, Ala Moana Beach Park, & city. Upgrades include Brazilian Teak wood flooring, a custom built-in display cabinet, & closet systems. PRIME LOCATION! Hokua24A.com

Offered at $1,675,000 1 bd plus den . 2 ba . 1,154 sf

Spacious 1 BEDROOM + DEN with FULL KITCHEN on the PREFERRED FORT DERUSSY/SUNSET side of the building with a gorgeous view of the ocean. Sold FULLY-FURNISHED including kitchenware and linens.

Conveniently located near the elevators. With the amenities of a condominium and the resort services of a five-star hotel, you and your guests can live the Trump lifestyle in world-famous Waikiki.

John “Jack” Tyrrell, Realtor®, CRS, & CPA (not in public practice) Jack.Tyrrell@JTCHawaii.com C: 808.306.6933 O: 808.532.3330

Entire Floor (4 Units) $12,500,00 Unit 3501 $3,800,000 Unit 3502 $2,600,000 Unit 3503 $2,418,000 Unit 3504 $3,950,000 Unit 3502 & 3504 $5,888,000

Visit Our Website Today For More Information JTCHawaii.com

Ko’olani Penthouse 11

Offered at $1,998,000

1888 KALAKAUA AVE - 35TH FLOOR PENTHOUSES

MLS#201407172

2 bd . 2.5 ba . 1,801 sf

Available Individually

Live life at the top in this fabulous split level PENTHOUSE on the cool, Diamond Head end of The Ko’olani. Floor-to-ceiling windows showcase expansive views of Diamond Head, the yacht harbor, the mountains and the city. The 1st level is an open plan for the living room, den, and kitchen. The en suite bedrooms are on the 2nd level. Great building amenities and convenient parking. Ko’olani is only steps away from world-class shopping, restaurants, and Ala Moana Beach.

KoolaniPenthouse11.com

RARE opportunity to own any 1 of 4 fabulous penthouses or purchase and entire floor of spacious, FULLY FURNISHED, Exquisitely Designed Penthouses at the Waikiki Landmark located at the gateway to Waikiki.

Created by a Honolulu design firm, each penthouse has a unique floor plan that showcases lavish appointments and expansive views. These residences will leave you inspired as no expense was spared to appoint them with the accoutrements of elegance. Privacy is ensured with restricted access elevators.

WaikikiLandmark35thFloorPenthouses.com

Jeffrey M. Fox REALTOR, CLHMS, CRS, GRI Broker-Owner Direct: 808.292.5333 Jeff@KahalaAssociates.com www.KahalaAssociates.com

OAHU ~ KAHALA $4,698,000 FS

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Classic Kahala

ustom designed by the current owners, this elegant home exudes a warm and inviting ambiance. Soaring ceiling heights and a profusion of windows create wonderful light-filled open spaces.

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ustom doors, baseboards, tray ceilings, gorgeous bowed windows and a huge threecar garage are but a few of the quality features of this custom home. Tumbled marble flooring, inside and outside, along with the dramatic double-height staircase give the home an elegant yet comfortable feel.

Perfect for entertaining, this home offers numerous dining and seating areas both indoors and out.

You’ll love staying home and watching movies on the state-of-the-art home theatre system or working out in the gym!

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ush tropical landscaping invites views of Hawaii’s natural beauty from every room of the house. Situated on one of the most sought after streets in Kahala, this home is located just a few blocks from the beach! www.628Honua.

KahalaAssociates.com

Oahu

4 | LuxuryHomeMagazine.com

Tracy P. Allen

Vice President / Previews Property Specialist International President’s Premier, RA Coldwell Banker Pacific Properties Direct: 808.593.6415 Email: Tracy@cbpacific.com www.TracyAllenHawaii.com

Elegant Kahala Living

Oahu ~ Kahala $4,298,000 Fee Simple

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njoy tranquil garden and mountain views from this fabulous residence located in exclusive Kahala.

This incredible custom home has an open floor plan with luxurious living spaces and rich hardwood floors. A professional kitchen complete with an adjoining family room, casual open living spaces, a private master suite with its own luxurious bath complete with “His” and “Her” walk-in closets, a sensational pool with cascading water features and landscaped grounds are only a sampling of what this unique property has to offer.

If you are looking for the ultimate in what Hawaii measures as elegant living, look no further...

LuxuryHomeMagazine.com | 5

Oahu

Margery Mayo

REALTOR® Broker Direct: 808.987.6385 Email: margerymayo@margerymayo.com http://m.bigislandreale.com/MARGERY www.sothebysrealty.com

Big Island ~ KOLEA AT WAIKOLOA BEACH RESORT $1,125,000

Kolea Kai Circle 11C

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choice location in an oceanside community!

Steps away from the owner’s private Beach Club offering an open air cabana, exercise hale, children’s sand-bottom pool & waterfall, infinity pool and natural lava spa all with a spectacular bay view.

Easy walk to Anaehoomalu Bay! Enjoy the Bay, ocean, and mountain views from this turnkey 2 bedroom 3rd floor penthouse. Welldesigned floor plan and quality finishes indoors and out create a bright living space. Everything is here for great Island living!

Big Island ~ Kamilo at Mauna Lani Resort $2,195,000 ne of only two single level detached golf course front homes in the neighborhood, this lovely home has a level of quality and quantity of upgrades that no other home built at KaMilo shares.

Benefits of a condominium neighborhood are combined with single family home privacy in this stand-alone 4 bedroom, 4.5 bath home including a one bedroom guest suite with separate entrance.

The well-planned design is all about gracious Island living!

Hokulani in KaMilo at Mauna Lani

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Big Island

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Greg Mebel, RS

Annie Kwock, R President and Principal Broker Office: 808.247.7521 Cell: 808.780.4444 Fax: 808.236.0312 annie@trinityproperties.com www.trinityproperties.com

Realtor-Salesperson Office: 808.247.7521 Cell: 808.866.6470 Fax: 608.646.8824 greg@trinityproperties.com www.trinityproperties.com

Modern Hillside Masterpiece in Lanikai

Oahu ~ Lanikai Price Upon Request

T

his stunning hillside home designed in the Bauhaus tradition with soaring glass walls and huge open lanais, offers some of Hawaii’s most breathtaking views and is only a few steps from world famous Lanikai beach. Your home in the sky, situated on over 22,000 sf, consists of main living quarters plus separate studio with private entrance. This is a gem worth waiting for!

Waimanalo Coral Villa on

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W ST aim S an OL al D o Be ac h

Banyan Cove - Privacy & Luxury on Maui’s North Shore

oahu ~ waimanalo $4,500,000

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on’t miss this oceanfront gem on Oahu’s windward coast! With its fabulous open floor plan, separate guest house, pool, and private ocean access, this 6-bedroom architectural masterpiece with over 7,000 sf of living space is the perfect place to live and entertain.

Located just 15 minutes from Kailua town. www.waimanalocoralvilla.com Listed by Annie Kwock, R. MLS# 201335481 maui ~ paia $12,500,000

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his stunning estate situated on 1.3 acres of pristine oceanfront land consists of a three-bedroom main house of over 7,000 sf and a separate guest cottage with plenty of indoor-outdoor space and views of ocean waves and sea turtles. The coveted ocean access is perfect for surfing or snorkeling outside your door. www.banyancovemaui.com Listed by Greg Mebel, RS MLS# 358225

LuxuryHomeMagazine.com | 7

All Islands

Nam L. Le Viet Realtor速 (S) Direct: 808.283.9007 Office: 808.669.1000 Email: nam@mauisold.com http://mauisold.com

Maui ~ kapalua $18,800,000

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Mary Anne Fitch Owner & Principal Broker速 Direct: 808.250.1583 Office: 808.669.1000 Email: sold@maui.net http://soldmaui.com

Plantation Estates At Kapalua - 203 Plantation Club Drive

his captivating estate features 11,000 sq. ft. of covered living space on two lots totaling almost 7 acres. Offering the ultimate in privacy and security, the property boasts panoramic views of the Kapalua Coast.

This ultra-luxury estate is made up of a main residence, carriage house, and garages for five vehicles. Built as a custom family residence, this turnkey estate is a true legacy property.

MAUI ~ MAHINAHINA $9,775,000

S

West Maui Oceanfront Estate With Private Water Access

pectacular gated oceanfront estate on almost one acre of beautifully landscaped grounds. Classic Plantation style residence with true Hawaiian ambience with private ocean access and sand for enjoying the Maui oceanfront lifestyle.

Features include a separate ohana for guests, a large tiled pool, fireplace and 3-car garage. Offered furnished for immediate enjoyment.

Maui ~ kapalua $3,995,000

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Pineapple Hill Estates At Kapalua - 112 Pulelehua Street

his majestic estate offers just over 6,000 sq. ft. of inviting indoor/outdoor Maui living on the Kapalua Bay Course, complete with heated freeform pool and spa.

This spacious single-level floor plan includes a fabulous open great room, gourmet kitchen, unrivaled master suite, and lovely guest suite, each with outdoor showers, as well as office/third bedroom. Offered turnkey.

Maui

8 | LuxuryHomeMagazine.com

Gregory Harbottle Inc. R(B) Fairway Shops 2580 Kekaa Drive, Suite 118 Lahaina, Maui, Hawaii 96761

Whalers Village 2435 Kaanapali Parkway, Suite A-3 Lahaina , HI 96761

Luxury Property Specialist Cell: 808.385.8059 Toll free: 866.661.7887 Fax: 808.661.8358 ghthkh@msn.com www.WhalersRealty.com

Honua K ai

Maui ~ Kaanapali $3,750,000

T

his lavish 3 bedroom/3.5 bath Oceanfront residence is situated on the 2nd floor, providing you the ultimate beachfront feeling with complete privacy. Tastefully decorated with the finest in finishes, this unit is very spacious.

E

njoy paradise with direct ocean views and year-round Maui sunsets overlooking the elegant courtyard and surroundings of this luxury resort. Honua Kai is a 4-star beachfront resort offering multiple swimming pools, 120ft water slides and personalized valet service. Come discover what home ownership at Honua Kai is all about.

MLS# 354976

LuxuryHomeMagazine.com | 9

Maui

®

Aloha kâkou,

Issue 9.3

This summer, stay close to home. There is plenty of fun to be had in your own backyard. On the following pages, we celebrate the best in alfresco entertaining. You can capitalize on all that Hawaii’s indooroutdoor lifestyle has to offer with this issue’s cover home. Presented

by Yvonne Summerfield, 5419 Noka Street features an ideal covered lanai and pool area. Located in Kauai’s Poipu Beach Estates, this newly completed and architecturally designed home is perfect for alfresco entertaining during the summer, and all year long.

Mahalo nui loa, Cover Photo by Bryce Johnson

The Big Island

The Island of Oahu Jack Tyrrell Jeffrey M. Fox Tracy P. Allen Trinity Properties William G. Boyle Jeannie Yu Sachi Braden Symphony Honolulu Patricia Case, Esq. Team Elite - Beach Villas at Ko Olina Mary Lavoie-Olson Diane D. Almadova Ward Village Trevor Benn Mary Worrall Elizabeth Worrall Daily Myron N. Kiriu Mike Dilks Marti Hazzard

2, 3 4 5 7 18, 19 24 25 26 36 37 39 40 43 44 49 49 52 56 57

6 20, 21 22 23 42 54 64, 65 64-67

The Island of Kauai Yvonne Summerfield Cover, 14, 15 Donna Rice 16, 17 Kukuiula 32 Roni Marley 50 Carol Mackey 61

7 8 8 9 11 11 12, 13 27 28 29 30 30 31 34 35 38 38 41 47 51 51 63 67

Wells Fargo Home Mortgage of Hawaii, LLC 48 Studio Becker 49 One Stop Interior Design 52 Padilla Designs, LLC 53 Taylor Summerfield 54 Indich Collection 55 Frederic Zimmer 55 Leah Lambros 55 Kaz Inferno Automated Tikis 58 Ventus Design LLC 59 Julie Tumbaga 60, 62 Old Republic Title & Escrow of Hawaii 60, 62 SRE Matrix Inc. Back Cover

Subscribe Today & Never Miss an Issue!

Stay up-to-date on Hawaii’s luxury real estate and lifestyle with an annual subscription (six issues).

For more information, visit www.PacificLuxuryLiving.com/subscribe

The Coffee Table Magazine

“Ho`olu komo la kaua 9.4” Please Join Us for Issue 9.4

Reservation Deadline: July 7, 2014 Circulation: August / September

ISSUE 9.4 9.5 9.6

DEADLINE 07/07/14 09/09/14 11/04/14

Senior art director Valerie Smith CLIENT SERVICES Judy Lauren Jonathan Zane Luxury Home Magazine® of Hawaii™ Pacific Luxury Living™ 6800 Kalanianaole Hwy., Suite 101 Honolulu, HI 96825 Phone: 866.853.2474 • Fax: 866.845.3457 For advertising information visit: PacificLuxuryLiving.com info@lhmhi.com The most comprehensive and targeted distribution in the area, bar none!

SUNSHINE PUBLICATIONS, INC. 1020 Suncast Lane El Dorado Hills, CA 95762 Phone: (916) 458-6010 Fax: (916) 404-8867 info@luxuryhomemagazine.com LuxuryHomeMagazine.com VISIT OUR BLOG: LuxuryHomeMagazineBlog.com CHIEF EXECUTIVE OFFICER Brad Taylor brad@sunshinepub.com CHIEF FINANCIAL OFFICER Cathy Taylor cathy@sunshinepub.com

Business Partners

The Island of Maui Trinity Properties Mary Anne Fitch Nam L. Le Viet Gregory Harbottle Inc. Robert H. ‘Robbie’ Dein Kenneth M. ‘Ken’ Hayo Robert R. Myers Whalers Realty Inc Diane K. Pool Raymond S.F. Chin L. Lee Potts Barbara S. Potts Steve Still Greg Burns Debbie Arakaki Danielle Travis Yvienne Peterson Joanne Foxxe Jolanta Frazier Courtney M. Brown Rob Shelton The Hansen Ohana Real Estate Group Tomoko Matsumoto

Margery Mayo Lotus Golden Rebecca Keliihoomalu Yvonne Khouri-Morgan John & Pam Miller Darlene L. McNulty Eileen F Lacerte Tomoko Matsumoto

Editor in Chief Maresa Giovannini

CIRCULATION 08/20 – 10/21 10/22 – 12/16 12/17 – 01/15

VP OF LHM & MARKET DEVELOPMENT Emile Bonfiglio emile@sunshinepub.com WEBSITE | ONLINE SERVICES newmedia@sunshinepub.com NATIONAL MARKETING nm@sunshinepub.com Published six times per year ©2014 Sunshine Publications, Inc.

The information contained in Luxury Home Magazine® is deemed reliable, but not guaranteed.

Contact each individual agent to verify information, which is subject to change.

Luxury Home Magazine®, Luxury Living and Lifestyle™, Luxury Home Magazine® of Hawaii™, Pacific Luxury Living™, are protected trademarks of Sunshine Publications, Inc. Publisher is an authorized independent distributor and licensee of the Luxury Home Magazine®, Luxury Living and Lifestyle™, Luxury Home Magazine® of Hawaii™, and Pacific Luxury Living™. Publisher is licensed through Sunshine Publications, Inc. Sunshine Publications, Inc. is not responsible for the contents of the magazine or the acts or omissions of the publisher or its representatives and makes no representations or guarantees.

Reproduction in whole or in part (including materials, photos and formats) in any form without written permission from Sunshine Publications, Inc. is prohibited. All submissions become the property of Sunshine Publications, Inc. and may be used in any media. All rights reserved. For publishing opportunities, please contact Sunshine Publications, Inc.

P A C I F I C

L uxury Living

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Made and Printed in the USA.

Robert H. “Robbie” Dein

Kenneth M. “Ken” Hayo

BROKER-OWNER, ABR, CRS, RSPS Direct: 808.250.3564 Robbie@MauiRealEstateAdvisors.com

PRINCIPAL BROKER Direct: 808.283.8435 Ken@MauiRealEstateAdvisors.com

Maui Real Estate Advisors Year After Year Ranked Among Top 10 Maui Realtors · Top 100 Hawaii Realtor Hall of Fame: Hawaii Business Journal 2006 - 2014 40+Years of Successfully Representing Buyer & Seller Maui Real Estate Transactions Totaling over $500,000,000 Search All Maui Properties at www.MauiRealEstateAdvisors.com

150’ Oceanfront Apt. Zoned MAUI ~ Kihei

E

$3,480,000

njoy living at the beach in this quiet, pastoral old Hawaii setting with Ocean, Outer Island & Sunset Views.

Adjacent to new Luxury Residential Oceanfront Homes, this A-1 Apt. Zoned Property might be developed as a Large Single Family Home or 4 to 5 Two-Level Condos. Convenient to all South Maui Amenities. Offered as a 12,990 s.f. parcel with a renovated 2 Bd/2 Ba cottage & two CPR’d parcels, or as one vacant 6495 s.f. CPR’d lot, or as a 6495 s.f. CPR’d lot & cottage.

A rare opportunity for an Investor or Legacy Estate Buyer! www.Uluniu.com

Great Value At The Pinnacle MAUI ~ KAANAPALI

T

$2,999,999

his world-class 4 Bd, 4 Ba, 3475 s.f. custom home sits on a 19,962 s.f. lot in the revered ‘Pinnacle’ overlooking the World Class Ka’anapali Resort. Expansive Ocean & Outer Island Views! Finest materials and architectural details include iridized glass tile, Jarrah wood floors & recessed halogen art lighting. Plus, an 1156 s.f. covered lanai, private pool & spa, 3 car 1000 s.f. garage, a hand-carved elegant entry gate & blue rock column details. A seamless indoor/outdoor Maui lifestyle you must experience. www.ThePinnacle.info

On The Edge Of Wailea MAUI ~ wailea

T

$1,824,500

his Custom Built, Robert Rutledge, 3 Bd, 2.5 Ba 2721 s.f. Ocean View residence exudes a feeling of warmth & comfort that must be experienced. Located on the edge of Wailea & just one block to South Maui’s world-class Keawakapu Beach, the Seller’s chose this Location for its views & easy island lifestyle.

This home has been lovingly maintained & enhanced with quartzite tile, lush landscaping, travertine stone & handcrafted eucalyptus wood floors, handcrafted Mango wood cabinetry, gourmet kitchen, covered outdoor family room, pool & spa. www.133Hokai.info

Front-Row Kai Malu MAUI ~ WAILEA

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$1,895,000

ai Malu 10-A is one of the most revered front-row units/ locations in this World-Class Wailea gated property.

This 3 Bd, 2.5 Ba 1796 s.f. home offers fabulous Ocean, Molokini Crater, Kahoolawe & panoramic sunset views from the moment you walk through the front door! Located at the bottom of a cul-de-sac, this property offers excellent privacy, an extended lanai, 2-car garage, a spacious fenced yard, its own private exterior in-ground jacuzzi spa, and access to one of Maui’s finest common recreation areas. Just minutes to the Shops at Wailea, world class beaches, golf, tennis, & dining. www.KaiMalu.info

LuxuryHomeMagazine.com | 11

Maui

17 Mahi Pua Place, Presented by Robert R. Myers Big Island

12 | LuxuryHomeMagazine.com

Robert R. Myers Realtor (S)

Direct: 808.283.3067

robert@mauihomesales.com 17 Mahi Pua Place – Pinnacle

229 Plantation Club Drive – Plantation Estates

Maui ~ Kaanapali $4,395,000 eautiful custom, tropical home sitting high above the Kaanapali Resort in a private, secluded location with green belt alongside. This luxury single-level home is on a half acre on the top cul-desac of the prestigious gated Pinnacle on Kaanapali.

It has unobstructed panoramic views of the Pacific Ocean, Lanai and Molokai. Wonderful home to enjoy Maui’s indooroutdoor island living and famous nightly sunsets. The house features top-of-theline finishes with an island bar in the gourmet kitchen and granite and travertine throughout.

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Maui ~ Kapalua $5,995,000

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xclusive Kapalua Plantation home has two luxurious master suites, gourmet kitchen, office and workout room. Fabulous indoor/outdoor living with unique pool, spa and expansive entertainment area with covered barbecue area and outdoor fireplace.

This gorgeous property on 2½ acres of lush tropical landscaping has a commanding view the beautiful island of Molokai and the manicured fairways of the championship Plantation golf course.

LuxuryHomeMagazine.com | 13

Maui

Yvonne Summerfield Broker In Charge, RB ABR, CLHMS, GRI, RSPS, TRC RE/MAX Kauai Cell: 808.346.7251 Email: ysummerfield@yahoo.com www.YvonneSummerfield.com

TOP 100 REALTORS

HALL of FAME TIME

7

AWARDEE

Kauai’s Only 7-Time Top 100 Realtor #1 RE/MAX Agent in the State of Hawaii 2013

KAUAI ~ POIPU $3,675,000

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PoipuBeachLiving.com - Spouting Horn Cottage

his classic Hawaiian cottage has stunning views of the blue Pacific from every room. With luxury plantation style furnishings and handsome island art, this home is warm and welcoming, creating the perfect setting for a rental property, second home, or retirement living.

4730 Lawai Rd. Home is currently operated as a successful vacation rental known as “Spouting Horn Cottage.”

See more at http://www. parrishkauai.com/kauaicottages/spou2/

KAUAI ~ POIPU $1,685,000

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BabyBeachLiving.com

ully furnished 4-bedroom, 3-bath split-level home with spacious lanai. Located in a small neighborhood within walking distance to Baby Beach, the Beach House restaurant, and the Shops at Kukuiula.

Remodeled to today’s standards. The floor plan is attractive with most rooms upstairs and a separate living area, bathroom and bedroom downstairs, which leads to a spacious backyard. The home is currently operated as a successful vacation rental known as “Hale Beach Inn.” Make this your second home, vacation rental, or permanent residence in Poipu Beach.

5175 Ho’ona Rd.

Kauai 14 | LuxuryHomeMagazine.com

Yvonne Summerfield TOP 100 REALTORS

HALL of FAME TIME

Kauai’s Only 7-Time Top 100 Realtor

7

AWARDEE

Broker In Charge, RB ABR, CLHMS, GRI, RSPS, TRC RE/MAX Kauai Cell: 808.346.7251 Email: ysummerfield@yahoo.com www.YvonneSummerfield.com

#1 RE/MAX Agent in the State of Hawaii 2013 ISSUE 9.3

PoipuBeachEstatesLiving.com P A C I F I C

L uxury Living

TM

Prestigious Member Awards

At The Newsstand: $3.99

LuxuryHomeMagazine.com 93Master.indd 1

5419 Nakoa Street, Poipu Beach Estates, Kauai Presented Exclusively by Yvonne Summerfield See Pages 14 & 15

5/16/2014 9:40:33 AM

KAUAI ~ POIPU $1,998,000

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ewly completed & architecturally designed two-story 3 Bedroom / 3.5 Bath home with office. This custom home has over 3,000 sq. ft. of indoor living with a spacious covered lanai and pool area.

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s you enter the through the double African mahogany doors you are greeted with an open floor plan and deep-covered lanais that create spacious indoor/ outdoor space and offer views of the centrally placed pool, making this the perfect place to entertain.

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njoy the gourmet kitchen with top-of-theline appliances including, Bosch AutoChef 5-Burner Induction Cooktop, Bosch Over-The-Range Convection Microwave, Bosch Dishwasher, KitchenAid Stainless Undercounter Wine Chiller, Granite countertops, Brazilian Cherry hardwood flooring and solid wood cabinets and African mahogany doors and trim.

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ocated in Poipu’s newest subdivision known as “Poipu Beach Estates,” which is walking distance to the Kukuiula Shops, Sheraton Beach and Kiahuna Golf Course.

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oipu Beach Estates is in the VDA area so one may legally vacation rent this property or make it your fulltime residence.

LuxuryHomeMagazine.com | 15

Kauai

Oahu

Kauai Nani Estate – Luxury at its Best Presented by Donna Rice 16 | LuxuryHomeMagazine.com

Donna Rice

Broker In Charge, RB CRS, RSPS, SFR, GRI, Fine Homes & Estates Professional Direct: 808.651.2840 Office: 808.240.2425 donna@hawaii-property.com www.hawaii-property.com

Kauai Nani Estate – Luxury at its Best

Kauai ~ kilauea $6,950,000

K

auai Nani Estate, 5 acres of pure luxury and nearly 10,000 square feet under roof with 6800+ SF in the main home, 1800 + in the second home, plus two separate cottages including 3 guest suites, a yoga/exercise studio, and garage surrounded by astonishingly beautiful and mature professional landscaping, waterways, royal palms, dramatic gate and winding driveway, porte cochere, and expansive pool and entertaining area, most overlooking the Kalihiwai River Valley, North Shore mountain ranges, waterfalls, and sunsets.

O

ffered fully, elegantly, and tastefully furnished, move-in-today condition, the property has been meticulously maintained to the highest standards. Kauai Nani both inspires and relaxes, ideal for a large family and guests, or a superb and memorable executive retreat.

Century 21 all islands

fine homes & estates

LuxuryHomeMagazine.com | 17

Kauai

Oahu

Kukio ~ Your own private place in paradise Presented by Lotus Golden 20 | LuxuryHomeMagazine.com

Lotus Golden R(B), ABR Kohala Estate Realty, LLC 808.895.9536 Lotus@KohalaEstateRealty.com

KohalaEstateRealty.com

Kukio ~ Your Own Private Place in Paradise

big island ~ kailua-kona $6,895,000 his beautiful home is in a premier location within Kukio resort convenient proximity to the beach club, restaurant and golf course. The property is in a cul-de-sac with an unobstructed ocean view, separate guest suite, and an open floor plan.

MLS#273352

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LuxuryHomeMagazine.com | 21

Big Island

Rebecca Keliihoomalu

Real Estate Broker Senior V.P. of Sales MacArthur Sotheby’s International Realty Mobile: 808.895.1156 rebecca@macarthurhawaii.com www.bigislandreale.com www.sothebysrealty.com

Big Island ~ North Kohala $5,000,000 orty-five Acres w/ Preliminary Subdivision Approval for 9 Lots; 12 Acres of Rare Botanical Gardens, Private Residence w/Pool, Guest Houses, Greenhouses, Art Studio, Warehouse and Equipment, Visitors Center and Retail Gift Shop, A Collection of Larger than Life Bronze Sculptures.

MLS 273322 Offered at $5,000,000.

Pua Mau Botanical & Sculpture Gardens

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Big Island ~ Hilo $8,250,000

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Historic Oceanfront Wainaku Executive Center

n expansive staircase, luxurious executive offices and corporate boardroom all of locally harvested Koa speaks of an era long gone by. Twelve acres w/ 3,000 feet of shoreline, views of Hilo Bay and the cruise ships, a romantic wedding venue and other special events, this property offers a rare opportunity for many future business opportunities.

MLS 272745 Offered at $8,250,000.

Big Island

22 | LuxuryHomeMagazine.com

Yvonne Khouri-Morgan 5Y

EARS AWARD

Realtor (B), Broker In Charge Luxury Kohala Coast Resorts Cell: 808.937.4466 Email: Yvonne@Aloha.net www.HawaiiResortLuxuryHomes.com

2007 2011

2008

2009

2010

Golf Course Frontage

BIG ISLAND ~ VILLAGES AT MAUNA LANI #403 $1,899,000 verlooking the #13 green, the Villages 403 is a private, detached, one level, 3 bedroom 3.5 bathroom home with study, attached 2-car garage, pool and spa in pristine condition with many custom upgrades and designer furnishings. Granite, travertine, cherry wood, mahogany, hard wood ceilings, top appliancesthis is a home for family living and entertaining.

BIG ISLAND ~ PU’U KOLE $7,950,000

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Four Seasons ~ Hualalai Resort

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eautifully crafted, appointed and decorated custom four bedroom residence with incredible ocean and sunset views on the 13th fairway of Keolu.

Deep covered lanais, summer kitchen, infinity edge pool and spa. Lush courtyard with water fall. Guest bedroom suites with separate sitting room. Hualalai Resort’s world-class amenities a golf-cart ride away.

Ancient Royal Fishponds And The Ocean Beyond

BIG ISLAND ~ MAUNA LANI TERRACE J-101 ~ $1,695,000 F-201 ~ $1,975,000 cean front and center, Mauna Lani Terrace is nestled in the very heart of the Mauna Lani Resort with a superb location within walking distance to the beach, golf, spa and fine dining. Totally renovated and upgraded these two spectacular two bedrooms have great ocean, pond and Maui views.

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LuxuryHomeMagazine.com | 23

Big Island

Jeannie Yu R Vice President Direct: 808.386.2277 jeannieyu@newstarrealty.com jeannieyu.newstarrealty.com jyhawaii.com

“Make a joyful Noise unto the Lord� (Psalms 98:4)

Trump Tower 3107 Oahu ~ Honolulu

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$3,250,000 FS

wo bedroom + den, 3 bathroom, 1665 s.f plus 200 s.f lanai, comes fully furnished and has desirable ocean views. Included in purchase are upscale appliances, granite countertops, travertine tile flooring, and all linens & kitchenware.

Trump Tower 1602 Oahu ~ honolulu

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$1,100,000 FS

ne-of-a-kind one bed/one bath/two lanais with ocean view corner unit. 795 s.f with 75 s.f of lanai. Fully furnished with full kitchen, washer/ dryer and wine cellar. Five-star Trump Waikiki Hotel and Residence offers concierge, infinity pool, gym, spa and valet parking. Only few steps to white sandy beaches, shops, restaurants and all kinds of entertainment. Relax and Enjoy the true Hawaiian Resort Lifestyle.

Ilikai 2002 Oahu ~ honolulu

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$607,000 FS

irect ocean view from this high-floor, very private lanai. The Ilikai is a direct oceanfront high-rise hotel and condominium at the western end of Waikiki. High vacation rental income.

All remodeled in 2007: Open kitchen, granite countertops, granite bathroom, crown molding, stainless steel appliances etc. Nearby Ala Moana Shopping Center, Hilton Hawaiian Village, Magic Island, top restaurants, etc.

The Watermark #1604 Oahu ~ Honolulu

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$1,295,000

reathtaking views of ocean, city, garden, canal and harbor from the living room and bedroom with floor to ceiling windows. Resort like amenities - Luxury Hotel like Lobby, Beautifully Designed and Decorated Heated Swimming Pool, BBQ Area, Gym, Library and so on. Convenient Location nearby Ala Moana, Magic Island, Convention Center, Hilton Resort. 2 bed, 2 bath and 2 parking. Hardwood Floor.

Granite Countertops in the Kitchen with Viking appliances.

Oahu

24 | LuxuryHomeMagazine.com

Sold

Sachi Braden

President • Principal Broker

808.596.8801

info@sachihawaii.com www.sachihawaii.com

Your International Luxury Real Estate Connection in Hawaii!

Breathtaking Oceanview Luxury Estate in Na Pali Haweo

OAHu ~ Honolulu $3,480,000

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ntroducing 114 Hanohano Place, a Hawaii Kai hillside luxury estate with Marina, Ocean, Koko Head and Diamond Head views. Step inside and become transported to a world-class luxury residence: bright white living spaces, high-quality materials and a double-height living room peering to Honolulu’s iconic Diamond Head and turquoise Pacific waters.

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esigned by architect Jeff Long, you’ll immediately notice high-end finishes including a spacious gourmet kitchen, separate breakfast nook and dining area with ocean views, a den/ library and guest bedroom.

Glide up the iconic doublestaircase and find three extra-large bedrooms, two of which with separate lanais.

Master bedroom opens to a private lanai; master bath includes soaking tub overlooking the ocean.

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utdoors you’ll find massive lanai spaces sharing mesmerizing views of Hawaii’s finest landmarks.

Entertain your friends, family and guests at the pool area which features and outdoor shower, motorized pool cover and self-cleaner.

Dry off in the sun where a large semi-spherical lanai reaches toward the ocean.

Discover the ultimate combination of privacy, luxury and serenity with 114 Hanohano Place!

LuxuryHomeMagazine.com | 25

Oahu

T h e L if e Yo u’v e B e e n Wa n t in g t o L i v e

Artist’s rendering of Penthouse Residence BR

It’s a 45-story sanctuary surrounded by dramatic ocean and mountain views and offers everything on a discerning buyer’s checklist.

Plus the Velocity Premier Auto Concierge* — Your pass to exclusive driving service amenities. Luxury Driver Service, Exotic Driving Experience, and AutoSpa Rejuvenation.

Symphony Honolulu Sales Gallery INspiration at the Honolulu Design Center 1250 Kapiolani Boulevard, 3rd Floor Honolulu, Hawaii 96814 Open Daily: 10:00 AM - 5:00 PM

Construction is underway at 888 Kapiolani Boulevard.

808.596.8688

SymphonyHonolulu.com

Penthouse Residences Starting from $1,560,000

Exclusive Project Broker: Heyer & Associates, LLC Courtesy to qualifying brokers; see project broker for details.

NOTICE: Obtain the Property Report required by Federal law and read it before signing anything. No Federal agency has judged the merits or value, if any, of this property. *See a Symphony Honolulu sales agent for specific details.

877 Anapuni Loop

Maui ~ lanikeha

• 5 Bedrooms • 4 Bathrooms • 3,428 Liv. Sq.Ft. • MLS# 358224 • PRICE: $2,695,000

80 K alai Place

Maui ~ olowalu

• 2 Bedrooms • 2 Bathrooms • 998 Liv. Sq.Ft. • MLS# 359251 • Price: $1,295,000

LuxuryHomeMagazine.com | 27

Maui

Diane K. Pool Realtor (Broker), ABR Direct: 808.875.8535 Cell: 808.276.2004 trendi@maui.net www.SoldOnMaui.net Wailea Realty Corp.

MAUI ~ wAILEA golf estates $6,300,000 o private and serene, you can truly enjoy and live the Maui Lifestyle in this 4 bedroom home. Situated on a large corner lot which backs the Wailea Blue Golf Course and the 17th tee box. The home comes fully furnished with artwork, inventory, and includes a Nissan Xterra SUV. It’s time to make Maui a part of your Lifestyle!

Wailea Golf Estates - Privacy with Single Level Living!

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Maui ~ Wailea Golf Estates $3,850,000 ommanding Front Row Golf and Ocean Views! This home offers single-level living with views of Molokini & West Maui. Master opens to pool & captivating views for watching the whales & sunsets. This 3 bed, 3 bath home has a private guest suite located downstairs with its own entry, sun deck, ocean and golf course views.

Golf Estates Panoramic Views!

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Maui ~ Maui meadows $1,589,000 eller wants offer! This private tropical estate and great family compound offers lots of room with a 6 bedroom home + pool cabana w/2 bdrm/1 bath detached cottage.

Many rental ops for the right investor or privacy layouts for the right family w/ rental to offset costs.

5 rentals on property.

Current lease is $7200/mo.

Private - Spacious Family or Multiple Rental Compound

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Maui

28 | LuxuryHomeMagazine.com

Raymond S.F. Chin MBA, REALTOR BROKER Direct: 808.344.2677 Ray@RayChin.com

West Maui Golf Front Estate - 704 Mokuleia Place

MAUI ~ KAPALUA $10,900,000 FS

7 bedrooms 5.5 bathrooms 6,168 living square feet 2.13 acres parcel Golf frontage Chipping/putting green Pool, spa 1-Bedroom detached Ohana

West Maui Oceanfront Estate - 20 Hui Road E

MAUI ~ KAHANA $7,775,000 FS

5 bedrooms 5.5 bathrooms 5,702 living square feet 0.48 acres parcel Ocean frontage Pool, spa Studio Ohana

West Maui Ocean & Island View Estate - 111 Mele Komo Place

MAUI ~ LAUNIUPOKO $5,295,000

4 bedrooms 4.5 bathrooms 5,147 living square feet 5.07 acres Ocean & island views Pool, spa 2-bedroom ohana plus additional 400 square feet of work/storage area

Visit RayChin.com or (keyword RayChin.com)

Passionately & exclusively listed by RAYMOND S.F. CHIN

LuxuryHomeMagazine.com | 29

Maui

L. Lee Potts R(B) and Barbara S. Potts R(B) Aloha Realty Group 808.276.8776 or 808.344.5008 Barb@AlohaPotts.com Lee@AlohaPotts.com www.AlohaRealtyGroup.com

MAUI ~ kaanapali $2,195,000

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Kaanapali Summit Custom Home

ummit in the Kaanapali Golf Estates views, 3 bedrooms, 3.5 baths, a den, 2 lanais and a pool with hot tub. 10-foot coved ceiling with recessed lighting, and Cumaru floors. Dream kitchen with German engineered Leicht cabinets topped with Brazilian quarried granite and top-of-the-line Wolf and Sub-Zero appliances.

“Over-the-top” master suite with soaking tub, oversized shower with multiple shower heads including body jets. Many more custom upgrades. Stunning ocean and mountain views. maui ~ kaanapali $1,375,000

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Maui Dolphin House, K aanapali Hillside

olphin House – the one-of-a-kind, signed wall relief sculpture is just one of the features that make this home uniquely Maui. 4 bedrooms/ 4 bathrooms. The master suites upstairs have remarkable views of the ocean with Molokai out one window and Lanai out the other. Polished Travertine floors, cedar accents throughout and beautiful blue glazed tile for the roof. Completely solar, 4,000+ square feet with an average electric bill of less than $20 a month.

Maui

30 | LuxuryHomeMagazine.com

Steve Still

Realtor Broker, ABR, RSPS 808.264.5042 Steve@SteveStill.com www.SteveStill.com

Papali Wailea Residence 12

MAUI ~ wailea $3,585,000

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ramatic ocean views, award winning design, superb materials and craftsmanship. This exquisite 3 bedroom, 3.5 bathroom, single level residence beautifully blends indoor and outdoor living.

Peaceful and serene, this exclusive gated enclave of only 24 homes features a 75-foot infinity pool / spa pavilion and state-of-theart fitness center.

Wailea Ekahi 39E

MAUI ~ wailea $1,299,000

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et in one of Wailea Ekahi’s finest locations and blessed with stunning ocean views and tropical landscaping, this private, serene and elegantly remodeled 1 bedroom, 2 bathroom condominium is your perfect getaway in Wailea. Ekahi Village features a beachfront pool pavilion, four swimming pools and direct access to Keawakapu Beach.

LuxuryHomeMagazine.com | 31

Maui

VACATIONI NG ON KAUA‘I IS BR E ATHTA K I NG OWNI NG A HOME ON KAUA‘I IS LI FE-CH A NGI NG

M A K E Y O U R S E L F AT H O M E I N A M E R I C A’ S M O S T M A J E S T I C I S L A N D PA R A D I S E Kaua‘i’s first and only private club community offers a world-class clubhouse, a working farm, a sumptuous spa and fitness center and a stunning Tom Weiskopf golf course that Robb Report calls the ‘Best of the Best’. You’ll meet adventurers who’ll take you off the beaten path and chefs who will help you explore a world of local flavor. And with blazing fast Fiberto-the-Home telecommunications, you can spend time with family and friends without ever feeling out of touch. Come to Kukui‘ula and enjoy life’s greatest rewards in a community true to paradise. Cottages from $1.425 million.

Homesites from $1 million . Call today to arrange your private tour. 855 742 0234.

®

K U K U I U L A .C O M

Kukui‘ula Realty Group LLC. Obtain a property report or its equivalent as required by Federal or State Law and read it before signing anything. No Federal or State Agency has judged the merits or value, if any, of this property.

This is not an offer or solicitation in CT, NJ, or NY or in any state in which the legal requirements for such offering have not been met. Warning: CA Dept. of Real Estate has not inspected, examined or qualified this offering.

Fees, memberships and restrictions may apply for certain amenities. Details available. Price and availability subject to change. ©June, 2014. Kukui‘ula Development Company (Hawaii), LLC. All rights reserved.

The Home of Hawaii's Finest Luxury Agents www.elitepacific.com Welcome New Kauai Partner

Sean Ahearn

www.elitepacific.com

Oahu

Patricia Case, Esq. Stephen Cipres (R), Partner PB, Partner 808.392.1935 808.295.5009

Maui

Mary Lavoie-Olson RA, Partner 808.222.0072

Kauai

Debbie Arakaki RB, Partner 808.283.7214

Greg Burns RS, Partner 808.214.0302

Sean Ahearn RS, Partner 808.652.6600

Greg Burns Realtor (S), Accredited Luxury Home Specialist SRS, EcoBroker Certified® Direct: 808.214.0302 Greg@isleluxury.com www.elitepacific.com www.isleluxury.com Maui ~ kapalua $9,700,000 FS

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102 Honolua Place

erched over one of the most premier locations in the world, 102 Honolua Place offers the discerning buyer an opportunity to own a true masterpiece.

Invoking the ultimate privacy, this estate is one of only three exclusive properties resting behind a separate private gated entrance to the renowned Plantation Estates. This property can be purchased with the adjoining 2.18 acre lot for the ultimate Hawaiian legacy property.

maui ~ kapalua $1,475,000 FS

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K apalua Bay Villas 12B 1&2

elcome to Kapalua Bay Villas Unit 12B 1&2, nestled in one of the most sought-after locations in Kapalua. The views from this spacious 2 bedroom and 3 full bath unit are simply breathtaking! Grand windows encompass the majestic views of the neighboring islands of Molokai and Lanai. This impressive unit has vaulted ceilings in the living area with an upgraded floor plan allowing for a “Great Room” like atmosphere. Unit 12B 1&2 is being offered fully furnished with impeccable thought into layout and design. This unit is a fantastic vacation rental property with a proven track record.

Maui

34 | LuxuryHomeMagazine.com

143 Dickenson St. #200, Lahaina

www.elitepacific.com

Debbie Arakaki

Realtor Broker, Partner Direct: 808.283.7214 Debbie@DebbieArakaki.com www.DebbieArakaki.com

143 Dickenson St. #200, Lahaina

www.elitepacific.com

640 Punakea Loop

MAUI ~ lahaina $4,250,000

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ith over 30 acres surrounding you, this home is your own private and tranquil retreat. Panoramic Ocean Views & Incredible Sunsets!

• 4 bed/3 bath, 2528 sf • Designer Decorated/Fully Furnished • Brand New Construction • Pool and Spa • Great Indoor-Outdoor Living MLS 360164

506 Kai Hele Ku Street

MAUI ~ lahaina $1,350,000

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his charming cottage is tucked behind tall tropical landscaping that creates an envelope of green privacy with great views of the mountains and ocean.

• 2 bed/2 bath/Office • Great Kitchen Details • High Ceilings • Open Floor Plan MLS 360339

110 Awaiku Street

MAUI ~ lahaina $2,250,000

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njoy stunning ocean views from the pool and as you entertain on the Lanai.

• 3 bed/3.5 bath, 2703 sf • Large Outdoor Deck • Saline Pool • Custom Finishes & Stonework • Photovoltaic System for Low Energy Bills MLS 359926

LuxuryHomeMagazine.com | 35

Maui

Patricia Case, Esq. (R) Partner Cell: 808.392.1935 Case@ElitePacific.com www.PatriciaCase.com

TOP 100 REALTORS

HALL of FAME TIME

7

AWARDEE

Kahala Mall Office Building

www.elitepacific.com Oahu ~ nuuanu $2,450,000

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Executive Golf Course Residence

ocated just minutes from the Financial District and major medical centers, this architectinspired executive Golf Course residence offers a private and serene retreat rarely available in town.

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ituated on a fully landscaped, estate-type 32,347 square foot parcel overlooking Oahu Country Club’s 5th fairway and Waolani Stream, this 4 bedroom, 3 bath kama’aina retreat embraces all of the beauty and charm that yesteryear Hawaii has to offer, together with modern day amenities that support an active and contemporary island lifestyle.

A

private lane and grand gated entryway leads to a stately two story home that features timeless craftsmanship including exquisite ohia wood floors, high ceilings, a great room with fireplace, a formal dining room with built-ins, gourmet chef ’s kitchen and adjoining breakfast nook and den.

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erfect for executive entertaining, features include a large master suite, office and expansive decks with sparkling pool and spa. MLS 201402284.

View Virtual Tour at PatriciaCase.com

Oahu

36 | LuxuryHomeMagazine.com

Photos by Rob Otis

Team Elite Kahala Mall Office Building

www.elitepacific.com

Project Specialists 1.800.411.0590 teamelite@elitepacific.com www.elitebeachvillas.com

Spectacular Beach Villas at Ko Olina

OAHU ~ Ko olina

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ocated in the stunning Ko Olina Resort on Oahu, the Beach Villas sits oceanfront on the sandy beach of Lagoon Two. Team Elite currently has multiple Villas available with prices starting at $899,000. Our team members are on site daily and available from 10am – 4pm. Please call for information on gated guest parking and an escort into the property.

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each Tower Villa 602: Enjoy indoor and outdoor living with expansive pocket doors opening up to a generous lanai. This beautifully furnished 2 bedroom, 2 bathroom Villa features Sub-Zero, Wolf appliances, travertine flooring, and elegant wood crown molding.

B

each Tower Villa 103: Walk right out to the pool and beach from this elegantly furnished three bedroom, three bathroom, ground floor Villa. Shows like a model and features Sub-Zero, Wolf appliances, travertine flooring, mahogany crown molding, pocket lanai doors, wine cooler, and many more fine touches.

LuxuryHomeMagazine.com | 37

Oahu

Danielle Travis Realtor (S) Direct: 808.280.1123 Danielle@elitepacific.com Danielle.AllMauiProperty.com

Yvienne Peterson Realtor (S) | CNE Direct: 808.344.5575 Yvienne@TheMauiLife.com www.TheMauiLife.com

143 Dickenson St. #200, Lahaina

www.elitepacific.com

maui ~ Wailea $1,250,000 FS

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Wailea Palms Private Residences - 3150 Wailea Alanui Dr.

ailea Palms, a private residential gated condominium community is situated just steps away from Keawakapu beach. This 1,559 S.F. condo sits on its own second floor, has two spacious bedroom suites, and three full baths. Ocean and majestic West Maui mountain views, expansive manicured lawn in front, cascading waterfalls and ponds right off your travertine lanai. Exclusive access to swimming pool, spa, putting green, workout room, and clubhouse with BBQ’s. Come enjoy Wailea Maui! MLS #360203.

Offered by Danielle Travis maui ~ Wailea $2,000,000 FS

I

Wailea Gated Golf Community - 4372 W Waiola St.

mmaculate single story 3 bdrm/ 3.5 bath home located in the prestigious gated community of Wailea Golf Vistas. Just a short stroll to the Wailea Blue Golf Course will have any golf enthusiast excited of its close proximity. A welcoming expansive pool with a tranquil water feature and blue tiled hot tub to enjoy your amazing Maui days. Its now your time to enjoy The Maui Life!

Offered by Yvienne Peterson

Maui

38 | LuxuryHomeMagazine.com

Mary Lavoie-Olson Realtor Associate (RA), Partner Direct: 808.222.0072 Email: mary@elitepacific.com www.ElitePacific.com

Kahala Mall Office Building

www.elitepacific.com Kahala - Ultimate Modern Luxury!

Oahu ~ kahala $5,500,000

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emodeled to New in 2014. Sold Completely Furnished! Turnkey!

• 4 Bedrooms/4.5 Bathrooms • Main House + Separate Guest House • Master Suite with In-Suite Living Room • One Block from Beach Total Area: 6,984 sf Total Land: 10,905 sf Video Tour: http://youtu.be/ R6Jv2t9I_Dg MLS #201406459

Beachside - One Lot from Ocean

Oahu ~ kailua $4,999,000

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xceptional Beachside Estate with exquisite interior and exterior finishes.

• 6 Bedrooms/6.5 Bathrooms • Main House + Separate In-Law Suite • Ocean & Mountain Views • Newly Built in 2012 Total Area: 9,907 sf Total Land: 11,000 sf Video Tour: http://youtu.be/ jpHUa-oATAg MLS #201404972

Kahala Kua - Grand Italian Villa

Oahu ~ kahala kua $3,288,000

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erfectly situated on a private cul-de-sac, this turnkey custom home is excessively engineered with steel construction and quality finishes.

• 4 Bedrooms/3.5 Bathrooms • High Ceilings • Secure Gated Community Total Area: 5,305 sf Total Land: 13,072 sf Video Tour: http://youtu.be/ garWa1JvOXU MLS #201402141

LuxuryHomeMagazine.com | 39

Oahu

Diane D. Almadova SRES, SFR, e-Pro, GRI Elite Pacific Properties Cell: 808.222.7030 diane@elitepacific.com

Kahala Mall Office Building

www.elitepacific.com Oahu ~ hawaii kai $2,100,000

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Easy Living - Triangle - Hawaii Kai

anoramic ocean views from Portlock to Diamond Head from this refreshed Kamaaina Home.

Nestled into the sloop of Koko Head that gives you privacy and fresh air.

Open beam ceilings, split AC and security system throughout. Landscaped terrace leads up to a private Studio cottage with large open lanai and sweeping, breathtaking view. Five minutes to shops and restaurants, and walking distance to Hanauma Bay. • Single-level home • 3 bedrooms • 2 bathrooms • 157 Nawiliwili

Oahu ~ waialua $2,445,000

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Beachside Retreat - Waialua

njoy a Beautiful Beachfront Waialua Home where very few people walk. A Unique home with a large second floor Master suite that overlooks the Pacific Ocean. Imported Brazilian Marble, exotic Maple, Birch, Mahogany and Ash Woods throughout.

Five-car garage for all your Automobiles.

• 3 bedrooms • 3 baths • Living 3,502, • Land 10,163 • MLS# 201335294 • 67-023 Kaimanu Place

Oahu

40 | LuxuryHomeMagazine.com

Joanne Foxxe Toll Free: 888.724.2922 Direct: 808.665.3761 Kapalua Realty

Oceanfront Residence on Kapalua Bay

Maui ~ lahaina $4,600,000

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his is a magical location in Kapalua overlooking the bay. The whales come in to give birth and you can hear them from your lanai.

The year-round sunsets are spectacular between the islands of Molokai and Lanai. There are 3 bedrooms plus a den and a powder room. The open floor plan is great for entertaining in casual island style. The gorgeous oak floors enhance the beauty of this home.

Kapalua Residence owners may enjoy the Kapalua Spa, private beach club, and the gorgeous pool with all its lagoons and waterfalls.

Kapalua is the home of the Plantation and Bay courses, and a great tennis garden. There are fabulous restaurants, hiking trails, award-winning beaches, all for your enjoyment.

LuxuryHomeMagazine.com | 41

Maui

John & Pam Miller R(S) John@LiveInKona.com 808-315-5501 Pam@LiveInKona.com 808-936-9997

Big Island ~ Kailua Kona $15,000,000 his land sale presents incredible commercial development opportunities just north of Kailua-Kona and 1 mile south of Kona International Airport.

The 83-acre parcel is zoned MG-3A commercial industrial Urban Expansion.

It includes ½ mile of Highway frontage, the main thoroughfare connecting Kona to the airport and the luxury resorts along the Kohala coast. O`oma lies in a rapidly growing area of North Kona, adjacent to the luxury development Kohanaiki, and near Palamanui, the upcoming location of Hawaii Community College.

Kona’s Gold Coast 83-Acre Commercial Parcel

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Big Island ~ Kona price upon request

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Kona Coffee Farm

rime Kona Coffee Farm featuring approximately 94 acres on 4 parcels with about 65,000 Coffee Trees. The home features 3,129 covered sq. ft. Split Level with Koa Flooring and Cabinetry, Granite Countertops, Sub-Zero Refrigerator, Viking Range, 2 fireplaces, Flagstone Patio and Metal roof plus a 4 Car Garage and Workshop.

Located only three miles from Kailua Kona Village.

Owner may sell all or part.

Big Island

42 | LuxuryHomeMagazine.com

transcending the status quo

Call us today to schedule a private appointment.

808-369-9600 or w a r d v i l l a g e .com

Obtain the Property Report required by Federal law and read it before signing anything. No Federal agency has judged the merits or value, if any, of this property. Ward Village is a proposed planned master development in Honolulu, Hawaii that does not yet exist. Photos and drawings and other visual depictions in this advertisement are for illustrative purposes only and do not represent

amenities or facilities in Ward Village and should not be relied upon in deciding to purchase or lease an interest in the development. The Developer makes no guarantee, representation or warranty whatsoever that the developments, facilities or improvements depicted will ultimately appear as shown. This is not intended to be an offering or solicitation of sale. Exclusive Project Broker Coldwell Banker Pacific Properties LLC. Copyright Š2014. EQUAL HOUSING OPPORTUNITY.

Trevor Benn (R) GRI, ABR, ePRO, SFR President / Principal Broker Benn Pacific Group, Inc. Direct: 808.383.2366 Office: 808.548.2366 Fax: 808.585.2408 Email: trevor@bennpacific.com

Oahu ~ Niu Beach $2,488,000

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Features: • Swimming Pool/Spa • Theatre • Wet bar w/dumb waiter • Oversized Garage • Gated property • Landscaped grounds • Built-in outdoor kitchen http://youtu. be/4qWFP9eG9dA

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Luxury Koolani Penthouse

ighly upgraded Penthouse unit with spectacular ocean and mountain views. Watch the planes land and the setting sun from this 3-story immaculately designed home in the sky! The large rooftop lanai is perfect for entertaining and catching the breathtaking views.

Loaded with amenities including a spa, billiards, theatre, gym, pool, tennis courts, BBQ and more!

• 2 bedroom / 2.5 bath • 2,081 sq ft, + 433 sq ft open rooftop lanai • 2 parking stalls http://youtu. be/3HVDeo0EZRw

Oahu

REALTORS

TIME

7

Grand Living – Niuiki Circle

mbrace the best of island living in this magnificent Kama’aina home. This property is located in the preferred East Oahu neighborhood of Niuiki Circle and features luxury hotel-like amenities with nearby ocean access.

• 4 bedroom / 4 bath • 4,563 sq ft • Lot size: 10,114 sq ft

Oahu ~ Kakaako $2,999,000

TOP 100 HALL of FAME

44 | LuxuryHomeMagazine.com

AWARDEE

P A C I F I C

L uxury Living

TM

Photo: 640 Punakea Loop, Presented by Debbie Arakaki. See Page 35.

www.PacificLuxuryLiving.com The Lifestyle Complement to Luxury Home Magazine

速

Prestigious Member Award

P

restigious Members are those who have been part of Luxury Home Magazine® for a minimum of 25 issues, and hold a current membership. Because there are only six issues printed each year, this status recognizes Realtors and business owners who have a history of four or more years with the publication; they are the long-standing core of Luxury Home Magazine®.

Independent data has shown that Prestigious Member Realtors outperform the average Realtor in Hawaii.

In 2006, the inaugural issue of Luxury Home Magazine® Hawaii™ was published with the mission to feature the PRESTIGIOUS most amazing homes Hawaii has to offer.

This would MEMBER never had been possible without the participation of our member Over 25 Issues advertisers. To every advertiser ever featured in Luxury Home Magazine®, we thank you. And, there are a handful 2014 of member advertisers who deserve some extra recognition. The following members have qualified as Prestigious or Founding Members.

Tracy P. Allen

Kenneth M. ‘Ken’ Hayo

Tomoko Matsumoto*

Debbie Arakaki

Marti Hazzard

Margery Mayo

Sachi Braden

Indich Collection*

Robert R. Myers

Raymond S.F. Chin

Kaz Inferno Automated Tikis

Padilla Designs, LLC

Robert H. ‘Robbie’ Dein

Yvonne Khouri-Morgan

Diane K. Pool*

Mary Anne Fitch

Annie Kwock*

Jack Tyrrell*

The Hansen Ohana

Mary Lavoie-Olson

Gregory Harbottle*

Nam L. Le Viet

*Founding Member These Members have been part of Luxury Home Magazine® Hawaii™ since its inaugural year and have never missed a single year. It is the highest, most limited award. This membership will never grow as there is only one inaugural year.

FOUNDING MEMBER

Member Since 2006

2014

JOLANTA FRAZIER REALTOR * BROKER

808.283.6262 DIRECT

JOLANTAFRAZIER@ICLOUD.COM MAUICOASTREALESTATE.COM

AMAZING * BEACHFRONT * LUXURY

MAUI * WAILEA * HAWAII Wailea Beach Villas - Villa A202 Wailea’s Premier Oceanfront Villa! Spacious 3 bed and 3.5 bath single-level Villa with dramatic views, magnificent kitchen, travertine/limestone flooring, African mahogany, elevator with private entry.

Upgrades include; Venetian plaster throughout, custom powder room, upgraded lighting and highest quality low voltage. Resort amenities include, i.e. pools, business and fitness center, valet and concierge.

Maui’s best in island living! Price Upon Request

EXPANSIVE * CHARMING * LOCATION * VIEWS

MAUI * KIHEI * HAWAII 556 Mililani Place Expansive Lot with a Charming Cottage is ready to build your Dream Home on! Spectacular Ocean Views from this large Maui Meadows lot with an existing 2 bedroom and 1 bathroom cottage. Ready to build house. Plans are available for the main home. Don’t miss this opportunity! $890K

MATCHLESS * LUXURY * OCEAN VIEWS

MAUI * WAILEA * HAWAII Wailea Beach Villas - Villa E302 Wailea, Matchless Luxury! Dramatic third-floor singlelevel 3 bed and 3.5 bath Villa with gorgeous ocean views, spacious floor plan, designer kitchen, travertine/ limestone flooring, elevator and private entry. Resort amenities include, i.e. pools, business and fitness center, valet and concierge. Fully furnished turn-key.

Unit offers privacy and luxury! $6.9M

Your homebuying goals deserve our attention Every year, millions of Americans enjoy the rewards of homeownership. And they look to Wells Fargo Home Mortgage to help them find the home financing to fit their needs and goals. We’d like to help you too.

With a variety of programs and dedication to personal service, you can feel confident that we’ll provide you with the information you need to help you choose the home financing to fit your current needs and future goals.

For additional information, contact our team today.

Tony Cadiz

Dan Bardenhagen

Lisa Ledesma

70 East Kaahumanu Avenue, Suite A-12 Kahului, HI 96732 NMLSR ID 653663

34 Wailea Gateway Place, Suite A-205 Kihei, HI 96753 NMLSR ID 653667

4365 Kukui Grove St, Suite 101 Lihue, HI 96766 NMLSR ID 690782

Branch Manager Office: 808-873-3708 Cell: 808-268-3399

Private Mortgage Banker Office: 808-891-6070 Cell: 808-280-6168

Home Mortgage Consultant Office: 808-246-8877 Cell: 808-634-2628

James M. Allen

Kathy C Pang

Monica I Starleaf Riker

75 5722 Kuakini Highway, Suite 105 Kailua Kona, HI 96740 NMLSR ID 657309

1357 Kapiolani Blvd., #910 Honolulu, HI 96814 NMLSR ID 664509

8 Kiopaa St Pukalani, HI 96768 NMLSR ID 653664

Branch Manager Office: 808-329-5922 Cell: 808-938-3913

Home Mortgage Consultant Office: 808-951-9420 Cell: 808-228-1886

Information is accurate as of the date of printing and is subject to change without notice.Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2013 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801 AS1025481 Expires 7/2014

Home Mortgage Consultant Office: 808-573-4900 Cell: 808-250-9046

Bespoke Island Living Experience the Studio Becker Difference

Studio Becker Hawaii Gentry Pacific Design Center 560 N. Nimitz Hwy, Suite 109 Honolulu, HI 96817 P: 808.949.1700 info@hi.studiobecker.com www.studiobecker.com Individual residences and multi-unit developments

Kitchens Wardrobes Libraries Wine Cellars

Media Centers Bed and Bath Dining Rooms Custom Furniture

SB_LHM Hawaii (14-0505).indd 1

5/5/14 2:28 PM

Hale O Punaluu Kamehameha Hwy | Oceanfront Punaluu

Hale O Punaluu was a 1990 Parade of Homes winner. Never previously offered for sale, this custom built four bedroom, four bath home offers lovely ocean views, two master suites, relaxing oceanfront covered lanai and a separate studio for guests/caretakers. Beautifully designed and maintained this comfortable home offers true ease of oceanfront living.

4 Bedrooms, 4 Baths 3,414 SF Interior on 8,011 SF Land MLS 201402288 Offered at $1,600,000 FS

Mary Worrall (R) VP 2013 Top Producer

mary.worrall @sothebysrealty.com

808.228.8825

Elizabeth Worrall Daily (R) VP GRI CRB 2013 Top Producer

ewd@sothebysrealty.com

808.478.0080

4211 Waialae Avenue Suite 100 Kahala Mall OfďŹ ce Tower | Honolulu, Hawaii EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED.

Kauai, a lifestyle worth exploring.

Nestled Near Base of Hanalei Mountains

dramatic ocean and mountain views

5 Acres | 3BR/2.5BA | 3,200 sq.ft. Home | 1,500 sq. ft. Office Suite | 900 sq. ft. Maintenance Shop Offered at $2,850,000 FS North Shore, Kauai - Enjoy the culmination of a ten year labor of love. This estate sits in one of the most desirable areas of Kauai, the highlands above Hanalei.

Experience the peace, quiet and beauty of this distinctive, highly upgraded home on five acres of Kauai’s pristine rolling meadows. Ihimanu and Namahana mountain embrace a vista of rainbows, waterfalls and your own secluded jungle. It features custom exotic Koa, Ipe and Kamani wood work, specialty stone flooring, and commercial grade appliances throughout. A separate solid redwood multi-purpose building features a suite of rooms for recreational use, an office, design studio, even a yoga retreat. The setting is intimate, and expansive, a place to live out your dreams. Stop by and say “aloha”, but give yourself some extra time. You are going to want to stay and make this property your home.

Roni Marley REALTOR(B)

808.652.1006 | RoniMarley@mac.com | HawaiiLife.com

Myron N. Kiriu President, Realtor Cell: 808.864.9000 Office: 808.738.3633 myronk@pruhi.com www.946Waiohinu.com

Oahu ~ Kahala $3,625,000 fs

N

Modern Kahala Luxury - 946 Waiohinu Drive

ew custom Kahala executive residence with a beautifully designed blend of island style living w/a subtle Asian flair.

Featuring: a spacious single level floor plan with Peruvian travertine floors throughout, exotic wood accents, gourmet kitchen with custom cabinets & granite counters, beautifully finished master suite, & fantastic pool/ outdoor entertainment area. Over 10,000 sqft corner lot on quiet street just steps from the ocean.

Just In: Two New Cabinet Lines! – One Stop Interior Design One Stop Interior Design is pleased to announce the addition of two new cabinet lines. Kemper Distinctive Cabinetry and Decorá Cabinetry are both made in the USA and are now available for sale and/or installation through One Stop Interior Design, an authorized dealer.

Big Dreams ... Real Budget

Mon-Fri 9am-5pm, Sat 9am-4pm 331 Kamani St. Suite A-B Fax 808.596.8806

808.596.8808

www.OneStopInteriorDesign.com Huntwood, Canyon Creek (Eco-Friendly Cabinets), Kemper, Decorá Silestone quartz countertops

The designers at this full service design and remodeling company are pleased to provide you with complimentary estimates, design consultation, and superb customer service. Although they can do it all, One Stop Interior Design specializes in kitchen and baths of all sizes. They have a comprehensive selection of materials including the desirable and exclusive brands such as Huntwood and Canyon Creek, available for sale and/or installation.

As Oahu’s ONLY Huntwood and Canyon Creek retailer, One Stop Interior Design offers an exclusive selection for the discerning homeowner. The cabinetry is sustainable and eco-friendly, and built to last. A limited lifetime warranty ensures that your investment is worthwhile.

Visit One Stop Interior Design today to select the finest finishes for your home, kitchen, and bath.

One Stop Interior Design 808.596.8808 331 Kamani St. Suite A-B, Honolulu www.OneStopInteriorDesign.com

C a m b r i a®

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FREDERIC ZIMMER SCU L P TO R

W W W. F R E D E R I C Z I M M E R .C O M • 8 0 8 -2 2 2- 5 8 0 6

Experience Hawaii’s New Movement in the Culinary Scene The next wave of creativity to shock the islands brings an eclectic mix of talent. As the culinary scene continues to evolve in Hawaii, there are definitely some heavy hitters to keep an eye on. Here’s your “hit list” to check off as you ride the new culinary wave.

Maui □ Sheldon Simeon, Migrant □ Isaac Bancaco, Andaz Wailea, Ka’ana Kitchen □ Jojo Vasquez, Plantation House □ Jeff Scheer, Maui Executive Catering □ Chris Kulis, Capische & The Market by Capische □ Lyndon Honda, Laulima Events and Catering □ Elizabeth McDonald, B3 A Beach Bunny Bakery

Oahu □ Chris Kajioka, Vintage Cave □ Andrew Le, The Pig and the Lady □ Michelle Karr-Ueoka, MW Restaurant □ Wade Ueoka, MW Restaurant □ Kevin Lee, Prima □ Lee-Anne Wong, Koko Head Cafe □ Quinten Frye, Cocina □ Mark “Gooch” Noguchi, The Pili Group □ Lance Kosaka, Top of Waikiki □ Christopher Sy, Breadshop □ Ed Morita, Highway Inn

Leah_knifeologist@yahoo.com | (530) 906-9180 Leah Lambros holds a Master’s Degree in Research and Theory in Child Development from California State University, Sacramento. She consults with top real estate agents and businesses on Cutco fine products and was inducted into the Vector Marketing Hall of Fame in 2008 with a record of over 3,000 satisfied clients.

Photo: Laulima Events and Catering

55

Kaneohe Bayfront Living You will be captivated by the custom Koa, Mango, Ohia, and Pine woodwork as it harmonizes with the stunning waterfront views. This uniquely positioned property has Kaneohe Bay and Ko’olau views looking up the coast towards the North Shore. With its private dock, boat slip, pool, spa, and separate guest quarters, this is island living at its best.

Kaneohe, Oahu | 24,654 sqft Land | 4,580 sqft | 4 BR | 4.5 BA | $4.5M | MLS# 201405615

Mike Dilks

R E A LTO R –AS S O C I AT E

808.220.7378 | MikeDilks@HawaiiLife.com | HawaiiLife.com H AWA I I L I F E R E A L E S TAT E B R O K E R S Main Office 800.667.5028

AUTOMATED FIRE EFFECTS

The first ever, environmentally conscious fire torch!

With the push of a button, you can ignite your torches, fire bowls, fire pits, or custom fire effects

NEW- Now built-in speaker torches available Programmed and integrated control from one remote Environmentally-friendly: no smoke, soot, or propane leaks Patent Pending

Kaz Jackow 808.938.2558 kaz@automatedtiki.com www.automatedtiki.com

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Big Island

Year to Date Median Sales Prices By Island Julie Tumbaga, VP

Hawaii Regional Manager 900 Fort Street Mall, Suite 1900 Honolulu, Hawaii 96813 (808) 524-6737 (877) 591-1031 Toll Free Jtumbaga@orexco1031.com www.orexco1031.com Taxpayers Beware: Zero Profit Doesn’t Mean Zero Capital Gains Taxes In this difficult market, many taxpayers are selling property in short sales or other transactions with no profit. Unfortunately, what many taxpayers do not understand is that property may be sold with no profit, but still be subject to significant taxable capital gain. How is this possible? It is possible simply because gain results not just from appreciation in value, but also results from depreciation deductions taken during ownership of the property, gain deferred from previous transactions, and from borrowing against appreciated equity in a declining market. These adverse tax consequences can be avoided by engaging in a Section 1031 tax deferred exchange.

How to Determine Gain The formula to determine taxable gain is: Sales price less adjusted basis = taxable gain Three Situations Resulting In No Profit, But Taxable Gain 1. Depreciation Recapture If a taxpayer takes depreciation deductions, those deductions reduce the taxpayer’s basis, thereby resulting in gain.

Example: Taxpayer acquires investment property A for $200,000. Taxpayer’s basis is therefore $200,000. During taxpayer’s ownership, taxpayer takes $138,500 of depreciation deductions, thereby reducing taxpayer’s basis to $61,500. Taxpayer sells Property A for $180,000.00. Even though taxpayer sells the property for $20,000 less than what he originally purchased it for, he still has a taxable gain of $118,500 ($180,000-$61,500=$118,500) which will result in approximately $41,500 in federal and state taxes. This adverse tax result can be avoided by exchanging the property in a tax deferred exchange rather than selling the property.

2. Carryover Gain If a taxpayer sells property previously acquired in an exchange – at no profit or even at a loss – the taxpayer may still be faced with significant taxable gain. (continue on page 62)

OAHU as of MARCH 2014*

*April data unavailable at time of printing

Ashley Seeger | Business Development | 808.222.3021 | aseeger@ortc.com Kelly Veniegas | Account Executive | 808.224.5355 | kveniegas@ortc.com Jim Green | Account Executive | 808.343.0741 | jgreen@ortc.com Sonja Gonzaga | Account Executive | 808.499.4355 | sgonzaga@ortc.com

SINGLE FAMILY RESIDENCE

CONDOMINIUM

2013 Median Price

2014 Median Price

Median Price % CHANGE

2013 Median Price

2014 Median Price

Median Price % CHANGE

Aina Haina - Kuliouou

$1,019,000

$1,240,000

22%

$650,000

-

-

Ala Moana - Kakaako

$690,000

$1,015,000

47%

$420,500

$530,000

26%

Downtown - Nuuanu

$700,000

$1,010,000

44%

$450,000

$432,500

-4%

Ewa Plain

$487,000

$513,500

5%

$330,250

$365,000

11%

Hawaii Kai

$874,075

$1,101,000

26%

$527,000

$629,000

19%

Kailua - Waimanalo

$865,500

$975,500

13%

$400,000

$430,000

8%

Kalihi - Palama

$515,000

$695,000

35%

$347,000

$359,000

3%

Kaneohe

$676,250

$700,000

4%

$405,000

$447,500

10%

Kapahulu - Diamond Head

$795,000

$820,000

3%

$517,500

$517,500

-

Makaha - Nanakuli

$360,000

$388,750

8%

$113,750

$110,475

-3%

Makakilo

$565,000

$625,000

11%

$234,000

$282,500

21%

Makiki - Moiliili

$905,000

$1,015,000

12%

$320,000

$332,500

4%

Mililani

$616,000

$655,000

6%

$291,000

$267,500

-8%

Moanalua - Salt Lake

$815,000

$825,000

1%

$278,000

$280,000

1%

North Shore

$599,999

$855,000

43%

$220,000

$316,750

44%

Pearl City - Aiea

$565,000

$635,000

12%

$262,500

$300,000

14%

Wahiawa

$391,050

$463,750

19%

$153,000

$154,500

1%

$1,520,000

$2,025,000

33%

$410,000

$462,500

13%

-

-

-

$315,550

$296,500

-6%

Waipahu

$530,000

$560,000

6%

$249,000

$307,000

23%

Windward Coast

$550,500

$668,325

21%

$193,000

$210,000

9%

OAHU SUMMARY

$600,000

$655,000

9.2%

$340,000

$345,000

1.5%

Waialae - Kahala Waikiki

All information taken from the Honolulu Board of Realtors. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.

KAUAI as of APRIL 2014

Catherine Pennell | Account Executive | 808.285.4593 | cpennell@ortc.com

SINGLE FAMILY RESIDENCE

CONDOMINIUM

2013 Median Price

2014 Median Price

Median Price % CHANGE

2013 Median Price

2014 Median Price

Median Price % CHANGE

Waimea

$335,000

$319,900

-5%

-

-

-

Koloa

$495,000

$635,000

28%

$430,000

$475,000

11%

Lihue

$409,000

$425,000

4%

$180,000

$161,250

-10%

Kawaihau

$455,000

$510,000

12%

$155,000

$255,000

65%

Hanalei

$852,500

$987,500

16%

$537,000

$442,500

-18%

KAUAI SUMMARY

$495,000

$522,500

6%

$325,000

$336,000

3%

All information taken from Kauai Board of Realtors, MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.

www.ortc.com

Our Promise "We increase the value of real estate transactions for all participants by identifying, underwriting and managing each transaction with the highest standards of technical skill, client service and professional integrity"

“

Photos by Carrie Mackey Photography

Year to Date Median Sales Prices By Island Julie Tumbaga, VP

Hawaii Regional Manager 900 Fort Street Mall, Suite 1900 Honolulu, Hawaii 96813 (808) 524-6737 (877) 591-1031 Toll Free Jtumbaga@orexco1031.com www.orexco1031.com (continued from page 60)

Example:

Taxpayer originally acquired Property A for $20,000. Taxpayer disposed of Property A in a tax deferred exchange for $100,000 and acquired Property B for $150,000, thereby deferring taxes on $80,000 of gain. Taxpayer’s adjusted basis in Property B is $70,000 ($150,000 purchase price-$80,000 carryover gain=$70,000). Taxpayer now proposes to sell Property B for the same price as he purchased it for – i.e. $150,000. Although Taxpayer is not making a profit on this transaction, he will still have significant federal and state taxes of approximately $28,000 on his gain of $80,000.

3. Excess Borrowing If a taxpayer borrows against appreciated equity in their property, tax consequences can also result if the property thereafter declines in value and the taxpayer is forced to sell the property for little or no profit.

Example: Taxpayer acquired property A for $1,000,000, paying $200,000 cash and borrowing $800,000. Taxpayer’s basis is $1,000,000. During Taxpayer’s ownership, the property appreciates in value to $1,400,000, enabling Taxpayer to refinance the existing loan of $800,000 with a new loan of $1,120,000. Taxpayer now sells, but since property values have declined, his selling price is $1,120,000. Although Taxpayer will receive no cash from the sale, he will still have taxable gain of $120,000 ($1,120,000-$1,000,000=$120,000), with combined federal and state taxes of $42,000.

As illustrated by the foregoing examples, sales of property that yield little or no cash can still result in taxable gain. Before selling in a down market, taxpayers and their advisors should first determine the taxpayer’s basis in the property to be disposed of and thoroughly discuss upfront the potential tax consequences. Taxpayers can avoid any of the tax consequences noted in these examples by engaging in a IRC §1031 tax deferred exchange.

For more information about IRC §1031 exchanges, please visit www.orexco1031.com or call 800.738.1031.

As of April 2014

MAUI

Reta Chin-Chiarella | Business Development | 808.268.6554 | rchinchiarella@ortc.com

SINGLE FAMILY RESIDENCE

CONDOMINIUM

2013 Median Price

2014 Median Price

Median Price % CHANGE

2013 Median Price

2014 Median Price

Median Price % CHANGE

Central

$397,979

$416,245

5%

$242,000

$255,250

5%

Haiku

$625,000

$800,000

28%

-

-

-

Hana

-

$459,000

-

-

-

-

Kaanapali

$1,500,000

$1,737,500

16%

$679,900

$794,900

17%

Kahakuloa

-

-

-

-

-

-

Kapalua

$3,147,500

$3,250,000

3%

$795,000

$974,000

23%

Keanae

-

-

-

-

-

-

Kihei

$487,500

$635,000

30%

$299,500

$315,000

5%

Kipahulu

$592,500

$807,500

36%

-

-

-

Kula/Ulupalakua/Kanaio

$550,000

$775,000

41%

-

-

-

-

-

-

$347,000

$450,000

30%

$349,250

$440,000

26%

$95,000

$1,700,000

1689%

-

-

-

$312,500

$530,000

70%

$400,000

$543,125

36%

-

-

-

$1,235,000

$1,112,500

-10%

-

-

-

Molokai

$358,000

$250,000

-30%

$91,000

$140,000

54%

Nahiku

-

$233,000

-

-

-

-

$836,500

$850,000

2%

$335,000

$356,250

6%

Olowalu

-

$1,425,000

-

-

-

-

Pukalani

$485,000

$582,000

20%

-

-

-

Sprecklesville/Paia/Kuau

$545,000

$1,375,000

152%

$247,000

$270,000

9%

$2,750,000

$2,108,000

-23%

$877,000

$1,000,000

14%

$511,500

$585,000

14%

$369,900

$403,750

9%

Lahaina Lanai Maalaea Makawao/Olinda/Haliimaile Maui Meadows

Napili/Kahana/Honokowai

Wailea/Makena MAUI SUMMARY

All information taken from the Realtors Association of Maui. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.

BIG ISLAND

Jenni Lee | Account Executive | 808.430.3022 | JenniL@ortc.com

SINGLE FAMILY RESIDENCE

CONDOMINIUM

2013 Median Price

2014 Median Price

Median Price % CHANGE

2013 Median Price

2014 Median Price

Median Price % CHANGE

Puna

$149,000

$169,000

13%

-

-

-

South Hilo

$290,000

$268,500

-7%

$129,500

$110,000

-15%

North Hilo

$277,500

$454,000

64%

-

-

-

Hamakua

$395,350

$346,000

-12%

-

-

-

North Kohala

$449,000

$650,000

45%

-

-

-

South Kohala

$374,423

$427,000

14%

$440,000

$475,000

8%

North Kona

$439,086

$514,764

17%

$239,500

$260,000

9%

South Kona

$290,000

$440,000

52%

-

-

-

Ka'u

$157,000

$149,500

-5%

-

$165,000

-

$293,750

$320,000

9%

$275,000

$295,000

7%

BIG ISLAND SUMMARY

All information taken from Hawaii Information Services. MLS Sales Data information shown herein, while not guaranteed, is derived from sources deemed reliable.

www.ortc.com

Our Promise "We increase the value of real estate transactions for all participants by identifying, underwriting and managing each transaction with the highest standards of technical skill, client service and professional integrity"

YOUR GUIDE TO MAUI PROPERTY

MauiRealEstate.NET Bob Hansen, R(B), Donna D. Hansen, R(S) and Clint Hansen, R(S) 2007 - 2014

Tropical Retreat ~ Wailea Beach Villas

Maui ~ Wailea $4,200,000 • Incredible Luxury Villa • Spacious great room opens through pocket doors to outdoor living • Gourmet kitchen with gas cook top • Three Master en-suite bedrooms • Guest half bath • Secluded splash pool surrounded by tropicals • Private garage plus parking • Entertainment center w/BBQ, refrigerator and storage • Resort amenities include pools, spas, concierge services, fitness center, beach & pool attendants and 24-hour security

Wailea’s Enchanting Ho’olei Retreat

Maui ~ Wailea $3,150,000 • Spectacular ocean & golf course views • Secluded setting to enjoy openair privacy • Expansive great room with dining room area • Chef ’s gourmet kitchen w/gas cooktop • Three master en-suite bedrooms • Guest half bath • Private interior elevator • Attached Garage plus additional parking • Tropical pool, spas, fitness center • Concierge services

Kanani Wailea ~ The Best of Both Worlds

Maui ~ Wailea $1,495,000 • Single-level detached Wailea home • Spacious great room w/ gourmet kitchen • Four en-suite bedrooms • One guest half bath • Private courtyard for your exclusive use • Additional peaceful outdoor lanai living with BBQ area and gardens to enjoy • Two car garage with storage • Listor is owner • Community pool, spa & fitness center • Gated Community