Puamana September Update: Beach Sees More Action Than Real Estate Market

The beach is back at Puamana! As we all know, the beach comes and goes in Puamana…

The beach is back! Early September 2016

…but due to heavy flash flooding mid-September, the beaches out front of Puamana and in Lahaina are temporarily full of debris. To help clean the beaches, please join the beach cleanup next Saturday, Sept 24th, between 8am-1pm at Kamehameha Iki Park, Front Street, Lahaina next to 505. Sign up at the Surfrider tent. We are going to organize a group to come over to Puamana.

My daughter on Puamana “Beach” in July 2016

Puamana Beach September 14th, 2016 after heavy rain. Chocolate shorebreak.

On the Real Estate Radar

There are currently five condos for sale in Puamana ranging from $825,000 to just under $2 million.

177-3 Pualei Drive: If the idea of a remodel gives you the sweats, there is one ready to roll. A 2 bedroom townhouse was recently listed on September 15th, located at 177-3 Pualei Drive (MLS# 370846), for $905,000. This condo has ocean views and although it is up against the highway, it is totally insulated from the noise. Decorated with tasteful Euro-Bali style and some fun and funky details; move-in ready.

240-3 Pualei Drive: Here is the view from the upstairs lanai of the $1.995M condo at 240-3 Pualei Drive (MLS# 369887). The condo needs some updating, but who cares with these fantastic views of Lanai and the surf?

Views from the lanai of 240-3 Pualei Drive (MLS# 369887)

216-4 Pualei: My choice would be 216-4 Pualei (MLS# 369967) as it is a corner unit and sits way back from the beach to allow a maximum build up, yet is still oceanfront (See my blog for more on Puamana construction). This condo has a great footprint with a downstairs bedroom facing the ocean and would allow for an amazing remodel. $1.9M.

35-2 Pualoke (MLS# 369119) is a 2 bedroom in a quiet location on the Lahaina side of the clubhouse that is move-in ready listed at $875,000.

10-4 Puapake: The rock wall is completed on both sides of Kauaula stream and looks fantastic. This is in front of the 10-4 Puapake (MLS# 369065) listing, now the lowest priced in Puamana for $825,000. This is listed as a 1 bedroom but has a loft upstairs.

Sales Stats

The only recent sale is 272-2 Pualei Drive, which closed for $1.4M at the end of July. 272 is the very last building right up against Puamana Park and apartment 2 is the second one over, Lahaina side. The price is a bit low for a direct oceanfront in Puamana due to its proximity to the highway, the need for a total remodel, plus concerns for the erosion out front. But look at your front yard! In any case, today it is impossible to find an oceanfront condo in Puamana for less than $1.5M. Puamana is actively addressing the erosion issues of building 272.

Ready to Make it Happen?

There are a few For Sale By Owners and a couple of owners who want to sell, but have not listed on MLS. Please contact me for a complete report, or to set up a tour of the property.

Bring your swim gear and we’ll jump in the ocean afterwards…If the rocks are back, well then, we’ll just have to dive in the magnificent oceanfront pool.