While other property types see some possible price corrections, the Maui oceanfront community just continues to set their sale to the wind and get carried along. 65 Kapu Place, a vacant beachfront lot in Kihei obtained its full asking price of $2.85 million. That represents a Wailea-like value of $375 per square foot. Over the last few weeks, three big oceanfront properties have gone into escrow. A Makena Estate listed for $20 million lasted only a few days on the market, 31 Kai Pali Place, a thoroughly remodeled Baby Beach Lahaina jewel asking $9.865 million and #10 Makena Place, listed for $8.8 million are all likely to close at values of over $2000 per square foot and perhaps for the first two properties, over $3000! On Front Street in Lahaina, 303 a remodel, listed for $2.59 million has gone into escrow.

New oceanfront listings include 10 Kai Ala Place,a one acre parcel in Kaanapali. The ask is $8.5 million. 5 Kapalua Place, a huge 7900 square foot sitting on Oneola Bay just listed for $14.9 million.

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