What is LUXURY after all?

By
Real Estate Agent with Aloha Realty Group

I am sure we all have various definitions of what luxury is, not based only on our personal needs, but particularly on what an area has to offer. After all, luxury in Hawaii is not the same with luxury in Colorado or in Romania!

To me, the ultimate Hawaii life luxury is defined by:

home on Kaanapali Beach- location. There is nothing like direct beach front property property. Direct oceanfront is good enough, but direct beachfront  (like in sandy beach front with easy access to the water) that is LUXURY. We may live on an island, but  there is a limited number of sandy beaches. The most prestigious is obviously Kaanapali Beach and there is nothing like living right there, in walking distance to the water, with 180 degress of ocean views and Molokai and Lanai views.   There is nothing like not having to carry your beach chairs  to the beach, or your kayak or your snorkelling gear. No need to worry about where to park either. The home pictured to your right is listed at $23,800,000 and it is located  on Kaanapali Beach.  

- great views. That would be ocean views that can never be obstructed. Quite fun to watch whales breaching, postcard like sunsets, waves crushing on shores. Hawaii has its own ways of "quantifying"  views. Some properties have more than 180 degree ocean views, like the coffee lots at Kaanapali Coffee Farms (vacant  lots starting in the $700,000's).  Views of the other islands, like Molokai, Lanai or Kahoolawe are also a plus. Not every ocean view also offers a sunset view, which is very desirable. And of course, the higher elevation you are, the more panoramic the views are, like from the Seahorse Ranch, pictured here. Seahorse Ranch

-privacy. Land is limited in Hawaii: buildable and accessible land is even more limited. Continued development has brought us to the point where there are not that many privately owned, usable and easily accessible, large parcels of 20 acres or more. The Seahorse Ranch, currently listed at $1,900,000 sits on a 51 acre parcel, siwth stunning ocean views.

- ammenities. Being close to nice restaurants and other sources of entertainment is also priceless. Unless one really wants privacy, one would appreciate having to drive less than half hour to a world class restaurant.

-being off the grid. Being completeley independent in regards to utilities is also pricess, particularly when you live on an island. Please call me to  inform you of properties that have potential of beiing completely off the grid for electricity, water, sewage, phone and internet.

To conclude, I think that defining luxury actually goes back to Adam Smith, to supply and demand and thus to availability. Having something that is limited to many others and that enhances one comfort, safety or quality of life, that is LUXURY.

Posted by

Mihaela Stoops, REALTOR Broker

Aloha Realty GroupHonolua Bay

180 Dickenson St #217

Lahaina, Hi 96761 

www.ForSaleinLahaina.com                                      www.WestMauiHome.com    

      

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Groups:
Vacation and Second homes
Moving on Maui
Maui Lifestyle
Luxury • Waterfront • Estates
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Tags:
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kaanapali
seahorse ranch
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Rainer
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John Saari
Worcester, MA
"The Mortgage Buddy"

Great post. It's amazing what money can buy in different locations. And someone's idea of luxury can be different from anothers.

Jun 24, 2011 10:37 PM #1
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Rainmaker
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Mihaela Stoops

REALTOR - Broker, Your Maui Real Estate Professional
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