A couple of weeks ago, Maui saw its largest closing to date this year. The 5,685 square foot house, positioned on a little more than half an acre of land on exclusive Keawakapu beach, sold for $11,250,000 cash! While it was listed for about $7 million more, it appraised at less than $10 million for the house and lot, so the final price represents a healthy compramise. The closing of 3126 S Kihei Rd signals that high income buyers are again looking in South Maui for their next big investment. Our market is surely on an upswing, and there might not be a better opportunity to gain an economic foothold in Wailea than right now. Feel free to come by and check out the Ho'olei sales office, it's open seven days a week, from 9am-4pm. All three models are now open and we'd love to set up a viewing appointment at your convenience.