Hawaii Real EstateHawaii Real EstateArticles
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Maui Meadows Real EstateWritten by Charles Peacock Maui Meadows is a unique neighborhood of homes high near the city of Wailea on the west side slopes of Haleakala. Houses and condominium apartments in this area afford beautiful views of Molokini and Kahoolawe. Maui Meadows real estate is very highly priced on the market, especially when it comes to the number of custom-built homes in the area. Since Maui Meadows is located only 30 minutes from the Kahului Airport, the real estate in the area is often purchased by commuters and individuals looking to own a second home on Maui. Permanent residents rather than vacationing visitors choose to stay in Maui Meadows, mostly because this medium-sized neighborhood is more than a mile from the shores of Wailea. However, residents claim to enjoy the quiet space, lush tropical landscapes, and cooler weather. In addition to permanent-purchase real estate, there are a number of opportunities to rent Maui Meadows real estate for long or short terms. Wedding parties can pay for the use of large private homes for less than $300 a night per couple, with $50 extra per guest. Guests of business meetings, or long-term convention visitors, can also choose to rent small one bedroom, one bathroom cottages amongst the hills if they wish to seclude themselves from the distractions of the city. Price Medians For Maui Meadows Real EstateIn March of 2005, the median price for a single-family home in Maui Meadows was $1,305,000. Land per unit was about $550,000 the previous quarter. There are not a large number of condominiums in the area, so the market for them is minimal at best. Most of the land in Maui Meadows real estate is dedicated to gardens, commercial areas, and private custom-designed homes.
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