Maui

Life is Bountiful in Hawaii - Yours Can Be Too!

Having lived on Maui since 1978 as a youthful 26 year old with my 23 year old brand new bride Laura, we have seen tremendous changes on the Island and in the state. When we moved to Maui, there were 4 stop lights on the island and everything except churches were closed on Sunday. We have lived on Maui for 40 years and have lived a wonderful, bountiful life raising our family here. We have huge seen huge growth on all fronts. We produced a family of three children, all born on our farm in Haiku. Jeremy, 35, is married to Megan and lives in Kaanapali. Brianna, 30, is a career police officer and lives in Kahului. Chloe, 26, is married to Zack and lives in Yakima, Washington on their ranch.

What is really interesting is that they are all returning to their roots, living and growing up on a farm in Haiku, Maui. All three grew up feeding chickens, working in the yard and garden, helping to cultivate a bountiful coconut grove that was planted to help pay school tuition and just learning a great fundamental work ethic. Now, they all have their own little farms.

Making the Move

Laura and I purchased 5 acres that was an abandoned pineapple field with no trees, together with my mother, Janet in 1978 that had a tiny 500 sq. ft. cottage on it. We moved to Maui right after our honeymoon with no jobs, no friends, $2,000 and a mortgage payment of $1,000 a month. We were so happy to get out of the crowded hustle of Southern California and to make a fresh start on Maui. No challenge seemed too great. 40 years, three children, and many ventures later, we still live on the same property.

Waking up each day, I love to walk outside and visit my orchards and animals.

Raising Pigs and Chickens

We have two 16 year old pigs, Smarty and Leilani, that Chloe and Brianna wanted as pets when they were teens. The human girls have moved on, but the pig girls still sleep side by side and I do geriatric pig care for them.

I am the chicken person. For 40 years, I have raised chickens for eggs, yard clean up and company. When it is feeding time, I feel like the Pied Piper as they all follow me into the pen for supper. What I get back is a bountiful supply of fresh eggs, sometimes 30 a day!

Gardening and orchards are also a passion of mine. With year around summer-like weather, winter never is a factor. Look at the picture of my raised garden in February! We enjoy the bounty of fresh fruit and vegetables all year around and don't have to depend on imported produce or eggs.

Grow Your Own Fruit and Vegetables

We get constant crops of every kind of citrus you can imagine. I have limes, lemons, tangelo, calamanci, oranges, pomelo, and the list goes on. Add to that, several types of bananas, breadfruit, sapote, starfruit, lychee, longan and many others. Our crops are so often and so bountiful that we donate to schools, the local food bank and homeless shelter.

Sustainable Living

When you add in a huge PV power system, solar hot water, and water storage, things even look better. When the boats stop coming to Hawaii for a while, at least we can survive.

If you live in area surrounded by millions of people, freeways, crowds, and lines for everything, every place you go, Hawaii and especially Maui, start to look like a pretty good alternative. Take winter out of the pictures, add in year around water clean ocean with lots of waves and whales, world class golf, and a very friendly population, then things look even better. It is no wonder that Hawaii has the longest lifespan in the United States, year after year.

Live Your Own Hawaii Life

If you are interested in retiring to Hawaii, you may want to read another blog I wrote all about retiring on Maui. The market certainly has changed since then, but the fundamentals are still the same.

If you are interested in learning more about the country lifestyle and a more sustainable and long lived way of life, lets’ talk. For 39 years I have been in the real estate business on Maui, owning or managing three firms and over 2000 transactions. My team, my son Jeremy Stice, and my nephew, Tim Stice, work with me and do all of the things I don’t do well, like tweet and talk Facebook as well as really being on top of the real estate game as top producing sales agents.

An opportunity to consider is a parcel Tim and I are offering at 160 Nahele Rd. in Haiku (read about it here). It is five acres, a big house and cottage with a swimming pool and hundreds of palms that is actually two parcels which would allow another house and cottage. For a big compound, all agriculturally zoned, and only 7 minutes to Hookipa Beach Park, you can escape the rat race.

Selling a Haiku Maui Home - Trends, Tips, and Advice

Why are you considering selling your Haiku Home?

There are many reasons you may be selling your home. It could be a change of job, children having grandchildren, or the need to free up cash for the short term. Whatever it may be, you need to know the facts and helpful steps to getting your home sold in the time frame that suits your specific situation.

Haiku Maui Buyers

It can be hard to remember what it was like when you purchased a home. I can assure you that being on the buying end has just as many emotions and anxieties attached to a sale as the selling side. I always tell the seller to be ready for questions, have your home in tip-top shape, and give the buyer little to no reason for second-guessing the condition of your home. Haiku has beautiful landscapes and vegetation, with that comes varying weather, make sure that weathering doesn't show on your home. In the best case scenario, you can have an inspection, inspection report, and repairs done prior to listing. If for any reason there is something that will not be repaired (not seeing the return on investment or not enough cash funds to make the repair) then we have the information up front, and working with it from step one seems less intimidating. In a nutshell, identify the target market for your home and present it so it attracts that buyer.

Understanding Your Haiku Maui Home

I'm not talking the location of light switches when its dark and you're fumbling to the bathroom, I mean know what's really there. On countless occasions, we have to be the bad guy and let sellers know that half of their house is not permitted. Even in that instance, it's not the end of the world, but knowing what we have to deal with upfront can save heartache at the end of a transaction.

What I start with:

  • Zoning and Flood Confirmation Form. Haiku has a multitude of zoning possibilities (agricultural, substandard agricultural, residential, etc.)
  • A physical visit to the home to see what is on site.
  • A look through multiple county sites to cross-reference permits and plans.
  • Do you have a cesspool or septic?

Another portion of knowing your home is knowing the highest and best use of each scenario (zoning, number of lots being sold, dwellings on the lot, etc). It's important to stay up to date on state and county law to really maximize your possibilities.

Haiku Maui Sales Statistics

1. How many months of inventory are on the market?

Months of inventory shows you exactly how saturated the market is. It essentially tells you that if no new homes were to come onto the market it would take x many months to sell every house within that data group. The higher the number the more homes are sitting on the market, this is a great indicator of how aggressive you need to be.

2. Percentage of list vs sold price.

This statistic is important when receiving offers and negotiating. It's also good to know that this stat can be skewed. The data is gathered from the most recent list price, not the original list price. A seller, over the life of having their home on the market can lower the list price as much as they wish. When reading this statistic know that the sold vs list percentage is actually much lower. At any rate, this statistic still has value showing any owner looking to sell that although there are scenarios where you do get full price, it's not guaranteed. So consider this when you initially list your home.

3. Days on market.

Lower listing prices bring a larger pool of buyers, which translates to fewer Days On Market. This is due to more competition within the larger buyer pool (lower price point), you have first time home buyers, investors, people downsizing, etc. The added competition creates a feeding frenzy and if priced/marketed correctly means competing offers. If you're feeling antsy as a seller just remember to look at this statistic and take a deep breath, going beyond the average days on market is very common. Weather, current events and the economy change overnight, so does the real estate market. If you want to sell within the normal time frame go within the average adjusted price when determining value. If you want to sell faster, then go on the low end. If time is not of the essence, and you're are wanting to test the market, then go above the adjusted average value for your home. If you would like to know more about how we determine home values, give us a call.

Our Team Sells Many Haiku Maui Properties

I say, team because I am a true believer in knowing your imperfections. You want people to work alongside you that can cover your weaknesses and shine in areas they enjoy and excel in. Our team, "The Stice Team" has over 45 years of Maui real estate experience and a multitude of skill sets. Whoever you choose to represent your home, must know the market, know the buyer, be able to reach that buyer, and facilitate a sale with the least amount of stress and setbacks. See what our clients have to say about us.

Tim Stice

8082688511

timastice@gmail.com

Is Owning a Maui Bed and Breakfast Your Dream? Start With a Property Like 160 Nahele And Make Life Easier

Is Running a Bed And Breakfast on Maui Your Dream?

One of the most common questions we field as a Maui Realtor is, "how can I buy a bed and breakfast?", the only correct answer is, "you can't." You can, however, look for a property that is the most prepared to pass county regulations on a Bed and Breakfast. Being that 160 Nahele was a licensed B&B for 9 years (link to the rental site with 59 reviews), it's as good of a start as you can get, I'll explain why.

What is a B&B?

According to Maui County: "The new legislation adopted by the County Council on December 19, 2008 and signed into law by Mayor Tavares defines a “bed and breakfast home” as a use in which overnight accommodations are provided to guests for compensation for periods of less than 180 days, in no more than two detached single-family dwelling units, one of which is occupied by the owner-proprietor."

Typically, B&B's on Maui's North Shore would be a house and cottage. The best case scenario would be a lot of more than 2 acres, but less than 5. With 2 acres your cottage can be as large as 1,000 sqft, and under 5 acres you can avoid having to show revenue from ag. The larger cottage is key being that the owner of the residence will need to reside on the property and be a full-time Maui resident (recently changed from 180 days to 270 days). 160 Nahele has a beautiful house and cottage that are extremely private from one another, they feel like two separate lots.

Pool Area At The Main House

Cottage/Ohana

A Few Key Steps/Facts To Obtaining Your B&B License

1. Find the right house

2. If the subject property is zoned agricultural you will need to have an implemented farm plan (link to Farm Plan Application). If the subject parcel is more than 5 acres then you will need to show an annual gross farm income of $35,000 for the previous two years. 160 Nahele is a great example of being under the 5-acre mark at 4.22 acres and having a fully implemented farm plan.

3. There is a cap on how many B&B's can be in each district. Here is the break down:

Hana: 48 Kihei-Makena: 100 Makawao-Pukulani-Kula: 40 Paia-Haiku: 88 Wailuku-Kahului: 36 West Maui: 88

Currently, the Maui Planning Commission is in the process of changing the code so that the Paia-Haiku Community Plan and the Short Term Rental Home Ordinance in Chapter 19 are not in conflict any longer. If you would like to discuss this further shoot me an email (contact info at the bottom of the article).

4. You'll need to post a 16 sqft notice to neighbor sign within 5 feet of your property entrance. The sign must be placed 5 days prior to applying and must remain there through the entire application process.

5. Only six bedrooms or less can be designated for rent in the B&B. 160 Nahele has four bedrooms, 3 baths in the main home or you could designate the two bedrooms, two bathrooms in the cottage.

Main Home and Pool

6. At least one onsite visit from the county will be necessary, this is probably the biggest hurdle. The county will be looking for discrepancies between what is permitted and what is actually on the property, very rarely are homes in complete compliance. This is another huge benefit of 160 Nahele having gone through the process of being in full compliance.

7. You will need to notify all neighbors of record within 500 feet that you are applying for a B&B. They will have the opportunity to have written protest, and if 30% or more of them do protest, then additional steps with the planning commission will have to take place.

There are many more steps to obtaining your license. To see the full process take a look at the application here.

Want more on 160 Nahele?

If you cannot tell already, I am a big fan of this listing. You can read more about it here or reach out directly to me.

Finding the right home takes local market knowledge and experience, let The Stice Team's 45 years of Maui real estate expertise go to work for you. Give me a call or shoot me an email, we can talk about your Maui dream home.

Tim Stice Realtor/Broker

timastice@gmail.com

808.268.8511

160 Nahele, Why We Love This North Shore Estate

Why We Love This Home

Our team has been selling homes on Maui for 40 years and this listing could be one of our favorites...

The Location

160 Nahele is located in Haiku on Maui's North Shore. It's 25 minutes from the airport and 10 minutes from one of the best surfing/windsurfing locations in the world, Hookipa. When big winter swells arrive you can even hear the boulders being rolled by Peahi/Jaws just a half mile away. Haiku has tons of great restaurants (my favorite is Nuka Sushi), shopping and even a gym. If you're looking for a country lifestyle that is not too far removed, Haiku might be your cup of tea.

A photo of Jaws/Peahi I took a few years back

The Land

We are actually selling two lots as a package that are owned by the same entity. The first lot is a 4.22 acre lot with a 4 bedroom/3 bath main home and 2 bedroom/3 bath cottage/ohana, the smaller lot is an adjoining .68 parcel. We are in process of a lot line adjustment, our intent is to have both homes remain on the same lot and adjust the smaller lot to be a 2 acre parcel. Doing this would leave us with the house and cottage on 2+ acres and another 2+ acre lot that would allow another house and cottage. The vacant lot would need to be on water catchment being that the water meter would stay with the original lot. With the vacant lot being two agriculturally zoned acres you could build a full size 1,000 sq. ft. cottage along with a main home. There are over 300 palms growing as nursery stock on along with a multitude of other plants trees such as coconuts and mango. According to the University of Hawaii Rainfall Atlas, 160 Nahele receives 54.81 inches of rain annually, that's pretty ideal for farming and greenery.

Aerial View of Lot And Palm Nursery

The House

The main home was built in 1985 and remodeled in 2011. It's a 4 bedroom/3 bathroom pole house with an amazing view from both levels and the in ground pool. The roof was replaced in 2015 giving it fresh and functional facelift. Tracy (my business partner) even milled some of the Koa kitchen cabinets back in the '80s from his mill on the big island, it's hard to find wood working of this level any longer. A huge benefit to being a "pole home" is the open space, the 2,500 sq. ft. of interior living feels more like 3,000. This home was previously a licensed bed and breakfast, check out this article from 2012 when we sold it last.

Center pole in the living room with Koa cabinets in the background

Master Bedroom

I live about 1 mile from this location and if I had a home to design specifically for Haiku I would incorporate the high ceilings and open floor plan from this home for air flow and light.

View from the living room and second story lanai

Pool at the main house

Cottage/Ohana

What's not to love about it? Even though this cottage was built in 2004 it feels like you're walking into a painting of a 1920s plantation home. The covered lanai in the back is the perfect dining area and even better for hosting cozy get-togethers. The 2 bedroom/2 bath layout leaves multiple possibilities, you can lock off the center of the house and enter from either side (it's perfect for friends, family, and visitors who want their own space), it essentially creates two divided spaces.

Cottage/Ohana

Ohana Kitchen and Dining

Cottage/Ohana lanai

Cottage/Ohana Bedroom

Want To Know More About Haiku?

I hope you feel the same way we do about 160 Nahele. I love living in Haiku, give me a call and we can talk about why.

Why The Stice Team?

The Stice Team has over 45 years of Maui real estate experience. Both Tracy and myself are involved with the Board of Realtors at the state and local level, volunteering on Government Affairs, Technology and multiple other committees. We stay in front of real estate issues and love using our local knowledge to assist our clients. Give us a call, we would love to help with your real estate needs.

Tim Stice-Realtor Broker

timastice@gmail.com

808.268.8511