A MAUI LIFE:

I hope you enjoy the following musings about living a Maui Life:  musings about Maui, towns, favorite beaches, recipes, restaurants, events, and Maui real estate news.

Ritz-Carlton Club and Residences, Kapalua Bay: Update December 2012

The Ritz-Carlton, Club and Residences is Kapalua Resort’s newest condominium community.  Launched in 2009, the property consists of 84 wholly owned condominium units and 62 fractional ownership units (1/12th ownership), located on approximately 21 oceanfront acres overlooking Maui’s famous beach: Kapalua Bay. As many of you know, the lienholders for the Ritz-Carlton Club and Residences, Kapalua…

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Ritz-Carlton Club and Residences, Kapalua Bay Foreclosure Auction December 3, 2012

I attended the foreclosure for the Ritz-Carlton Residences, Kapalua Bay today, which took place today on the courthouse steps in Honolulu.  With just two bidders, the opening bid was Ritz Carlton Development, with an opening bid of $52 million.  The second and highest bid was Island Acquisitions, with a bid of $55 million. This is…

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Ritz-Carlton Residences, Kapalua Bay: Foreclosure Update

I’m often asked what the status is of the Ritz-Carlton Club and Residences®, Kapalua Bay.  Opened on May 31, 2009, the Ritz-Carlton Club and Residences®, Kapalua Bay is Kapalua’s newest residential condominium community. Situated on 21 oceanfront acres, a stone’s throw from Kapalua Bay, the Ritz-Carlton Club and Residences® are comprised of just 84 private…

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2012 Maui County Property Tax Rates

Maui County has announced new property tax rates, beginning on July 1st, 2012: Classification Rate/$1000 of Assessed Value Residential $5.75 Apartment $6.20 Commercial $6.90 Industrial $7.10 Agricultural $6.00 Conservation $6.20 Hotel & Resort $9.15 Time Share $15.50 Homeowner $2.75 Commercialized Residential* $4.50 Property taxes are based on the usage of the property. For example, if…

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