Maui Blog - Georgie Hunter R(S): How much would you spend for a tear-down beachfront home in South Maui?

How much would you spend for a tear-down beachfront home in South Maui?

How much would you spend for a tear-down beachfront home in South Maui?

There aren't a whole lot of run down beachfront homes in Kihei and Wailea/Makena, so when one comes on the market it's a great opportunity for somebody to build their own oceanfront dream home.

Would you spend $11.9M for a fixer upper house and cottage with sand out front?  A recent closed sale on Keawakapu Beach in Kihei is worthy of a blog post, as that was the sale price.  This is prime luxury real estate for those who can afford it.  Hey, maybe it's just a year-end tax write off.

3116 S. Kihei Road closed on December 30, 2013 for $11,900,000. after 329 days on market.  Down from the original price of $13,900,000.  Just a humble 3BD/2BA home and a detached 1BD cottage on .8 of an acre, but it's all about location, location, location.

3116 S. Kihei Rd. fixer upper home

Now that this South Maui home is off the market, there are only 9 other oceanfront residential listings for sale in the area, ranging from $1,795,000 to $17,500,000.  One of them has been listed for over a year, and the average DOM is about 200.

Search for OCEANFRONT MAUI HOMES here and contact me with any questions you might have.

If oceanfront is not your thing, there are other options in South Maui:

What's for sale in Wailea and Makena?  What's for sale in Kihei Maui?

Buying or selling a home on Maui?  That's what I do.  Let me help YOU.

Call or text me 808 283-0635 ~ EMAIL 

Search the Maui MLS listings here  

Aloha from Maui... 

3116 S. Kihei Road, mailbox

Comment balloon 6 commentsGeorgie Hunter R(S) 58089 • January 02 2014 05:27PM

Comments

Wow talking about looks could be decieving this is certain true here. Best of luck to you. 

Posted by Charles Stallions Property Manager, Pensacola, Pace & Gulf Breeze Property Management (Charles Stallions Real Estate Services) about 4 years ago

I think I could rent a home for a lifetime for that kind of money;)  Maybe someday!

Posted by Shanna Hall, I love selling houses!!!St. Louis, MO 314-703-1311 (Real Estate Solutions) about 4 years ago

Thanks for the feedback!  Aloha and have a good weekend.

Posted by Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info (Hawai'i Life Real Estate Brokers) about 4 years ago

Georgina - as you wrote, location, location, location!!!  I'm sure that many mainlanders are wishing they were in Maui right now!!!!!

Posted by Juli Vosmik, Scottsdale/Cave Creek, AZ real estate 480-710-0739 (Dominion Fine Properties) about 4 years ago

Hi Georgina, I met a couple returned from Hawaii mentioned that inventory is low and home prices are high rocket. 

Posted by Kwee Huset, Venice Florida Homes For Sale (Kwee Huset Realty) about 4 years ago

Georgina, a classic idea about location. In Austin we see the same thing mostly in relation to waterfront or central area of town!

Posted by Russell Lewis, Broker,CLHMS,GRI (Realty Austin, Austin Texas Real Estate) about 4 years ago

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