20 Hui Road E, Kahana MAUI
AUCTION RESULTS
The oceanfront estate at 20 Hui Road E was sold at auctioned today. The winning bid was $4,075,000 (this do not include the 10% bidder’s premium). This equates to $719 $ per living square feet.
Ray was present and participated in the bidding process for a client who was available via phone. The event started approximately 11:15 am and latest less than an hour. There were a handful of bidders with the opening bid starting at $1,000,000. Bidding stagnation started in the mid $3,500,000 range. The winning bidder is a current owner of Maui property.
For more details and information on this event or for additional Maui oceanfront opportunities, please contact Ray Chin directly but Now You Know.
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YOUR OPPORTUNITY
An auction event is scheduled for January 17, 2012 at 11 am (HST) for the oceanfront estate at 20 HUI ROAD E, KAHANA, MAUI, HAWAII. This is not a distressed property. The Sellers do not have to sell but simply wish to sell. While there is much speculation as to the final auction sale price, one thing is absolutely certain; the next owner will secure one of the finest oceanfront estates in all of Hawaii. AUCTION DATE: January 17, 2012 AUCTION TIME: 11:00 AM Hawaii Standard Time REGISTRATION: For registration information and a comparative market analysis consultation of all West Maui oceanfront properties, please contact RayChin.com. Registration process to bid:
- A $100,000 certified check made payable to the bidder or personal check along with bank letter of guarantee will be required.
- A ten percent (10%) down payment will be due immediately after being declared the buyer.
- The registration fee is applied against the ten percent down payment. The balance is due in cash at closing within 30 days.
- Bidder registration is completed at any time during preview or on auction day from 9:30am until 10:30am.
- Bidding begins promptly at 11 am
VIEWING SCHEDULE
Please contact Ray Chin for a scheduled personal showing.
Thursday, January 12 – 11 am to 3pm
Friday, January 13 – 11 am to 3 pm
Saturday, January 14 – 11 am to 3 pm
Sunday, January 15 – 11 am to 4 pm
PROPERTY PURCHASE PACKAGE
Available for your due diligence, a Property Purchase Package is available for purchase ($75). This package contains the disclosures of the property, contracts of purchase, registration documentation, appraisal, inspections, area information and other due diligence as a courtesy to the bidders.
THE PROPERTY
Nestled on an intimate portion of West Maui’s dramatic Kahana coastline and overlooking the secluded cove known as Keoni Nui Bay, this oceanfront estate is Maui island living at its best. As the owner of this estate, YOU have one of the most spectacular Maui views of the ocean, the island of Molokai and sandy beach coastline. YOUR panorama is enhanced with views of whales & turtles (no binoculars required!) Completed in 2005, this exclusive gated two-story estate is best described as contemporary elegance with Balinese influences commencing with 12.5’ restored entry doors that greet YOU upon arrival. Generously spread across 5,661 square feet of living area between the main home and ohana, the estate is situation on a 20,705 square foot lot. The main home offers 5 bedrooms and 5.5 bathrooms including an extension of the master bed wing that serve as a reading room or office. The attached studio Ohana includes a bathroom, a comfortable kitchen and custom closet cabinetry. Providing privacy and separation for family, friends and guests, the Ohana is separated from the main home by the 2-car garage. 10’ high sliding pocket doors, 8’ high interior doors, large ocean side picture windows and the 20’ high ceiling of the great room are design elements that reinforce the spacious and seamless integration of home and environment. As YOU saunter through the home, your eyes gaze upward and across absorbing the rich craftsmanship and appointments. Antique redwood Thai doors, teak furnishings, palm wood floors, Noche-Night finished travertine tiled lanai discovered throughout. Mahogany wood is captured in accents & construction including pitched ceilings, stairway railings and recessed ceiling panels. Fully integrated audio and security systems allude to the modernization of the estate. The outdoor amenities & features include an oceanfront pond-like pool, Jacuzzi spa and outdoor shower. The cliff-perched oceanfront view is reinforced with mature landscaping highlighted by a garden accent described as the “Door of Opportunity”; a symbolic promise of the endless moments of enjoyment that awaits YOU. This estate was originally inspired and created by the talents of Long and Associates LLC and Web Development LLC. Offered furnished down to the wine glasses. Please contact me additional information or to register for the Auction.
YOUR Time Is Now.
