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Comparing Kihei Homes Under 1.5M$

Posted by benjamen.harper@gmail.com on November 28, 2023
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Overview

The real estate market in Kihei, HI, is characterized by a selection of high-value properties, appealing to a diverse range of buyers. This report focuses on the current market dynamics, with a special emphasis on the property at 125 Waiapo Pl.

Featured Properties

  1. 125 Waiapo Pl
    • Price: $1,400,000
    • Features: 3 bedrooms, 2.5+ bathrooms, 1,560 sqft living space on a 7,253 sqft lot.
    • Additional Details:
      • Type: Single family
      • Time on Market: 40 days
      • HOA Fees: $165/month
      • Price per Sqft: $897
      • Garage: 2 Cars
      • Year Built: 2007
    • Highlights: A well-sized family home offering comfortable living with modern amenities and a convenient garage, located in a desirable neighborhood.
  2. 1760 Malama St
    • Price: $1,409,000
    • Features: 3 bedrooms, 2.5 bathrooms, 2,070 sqft living space on a 7,745 sqft lot.
    • Highlights: Newly listed, spacious property providing a blend of luxury and practicality.
  3. 760 S Kihei Rd Apt 420
    • Price: $1,399,000
    • Features: 2 bedrooms, 2 bathrooms, 885 sqft living space on a 3.82-acre lot.
    • Highlights: A premium apartment for those seeking a more intimate yet upscale living experience, featuring extensive community amenities.

Market Insights

  • Price Trends: Properties in Kihei are competitively priced around the $1.4 million mark, indicative of a high-value real estate segment.
  • Diverse Offerings: The market caters to various preferences, from spacious family homes like 125 Waiapo Pl to luxury apartments.
  • Location Benefits: Kihei’s appeal includes its stunning beaches, active community life, and proximity to essential amenities, enhancing property values.

Kihei Area Overview

  • Geographical Appeal: Kihei is renowned for its beautiful beaches, including Waipuilani Park and Kamaole Beach Parks, offering a blend of relaxation and recreational activities.
  • Community and Lifestyle: The area boasts a strong sense of community with local markets, cultural events, and a variety of dining and shopping options.
  • Climate: Kihei is favored for its sunny weather, minimal rainfall, and consistent temperatures, making it an ideal location for outdoor enthusiasts.
  • Economic Landscape: The economy in Kihei is bolstered by tourism, retail, and a growing interest in residential real estate, contributing to a stable and prosperous community.
  • Education and Facilities: The area is served by several schools, healthcare facilities, and community centers, ensuring residents have access to essential services.

Kihei’s real estate market is vibrant and offers high-quality living options. 125 Waiapo Pl stands out as a desirable single-family home, well-suited for those seeking a blend of luxury, comfort, and community living. The market trends indicate a steady interest in such properties, making Kihei a sought-after location for discerning buyers.

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