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Friday, December 23, 2011

Maui, Lahaina - Great Place in America

History and community make Front Street great

BY MARK VIETH - EDITOR


LAHAINA - There are few streets in the United States that can match Front Street - what David Allaire calls "the heartbeat of Lahaina."

Front Street's history, incredible oceanfront setting, people of diverse cultures and architecture all make the area special and worthy of recognition as one of the American Planning Association's 2011 "Great Streets in America."

Lahaina Restoration Foundation (LRF) held a ceremony last week Thursday afternoon at the Baldwin Home to honor the Lahaina community for this achievement and unveil a bronze plaque designating Lahaina's focal point as a "Great Street" for 2011.LRF Executive Director Theo Morrison said the Lahaina community deserves credit for preserving the history and integrity of Lahaina Town.She called Front Street a collage of Lahaina's fascinating history, with the King's Taro Patch; Spring House, the primary source of water supplied to the whaling ships docked in the Lahaina Roadstead; missionary home of Rev. Dwight Baldwin; and sugar plantation-era buildings all within sight of her podium.

LRF President Allaire said the "Great Street" honor belongs to the whole town and the 500-900 block of Front Street.

He said the historic corridor on the seaside is a "wonderful place" with great weather, eclectic architecture reflecting the town's cultural and historical eras, and fantastic people from Lahaina and all over the world.

Lahaina has its characters, but the town is full of good people that are kind and love their family and community, Allaire commented. Read more...

Wednesday, December 21, 2011

Stocks Surge On Strong Housing, Europe Reports

Encouraging signs out of Europe and a surprisingly strong report on the U.S. housing market drove the Dow Jones industrial average up more than 300 points Tuesday. It was the best day for stocks this month.
The Dow gained 337.32 points, or 2.9 percent to close at 12,103.58. It lost 100 points the day before.
The Standard & Poor's 500 index gained 35.95 points, or 3 percent, to 1,241.30. Only six stocks in the index fell. The Nasdaq composite index rose 80.59, or 3.2 percent, to 2,603.73.
The Spanish government pulled off a successful debt auction and gauges of business and consumer confidence in Germany rose unexpectedly. Both helped ease worries about Europe's debt crisis. The dollar fell against the euro and U.S. government bond prices dropped as traders shifted money out of the safest assets.
Borrowing costs for the Spanish government plunged at an auction of short-term debt, a sign that investors are becoming more confident in the country's ability to pay. Read more...

Wednesday, December 14, 2011

THE MOST VALUABLE PRIVATE COLLECTION OF JEWELS SOLD AT AUCTION


CHRISTIE'S RECORD BREAKING EVENING SALE OF LEGENDARY JEWELS FROM THE COLLECTION OF ELIZABETH TAYLOR $115,932,000/ £74,196,480/ €89,267,640 MARKING THE FIRST SALE IN THE FOUR-DAY SERIES: 13-16 DECEMBER
 
7 WORLD AUCTION RECORDS, INCLUDING A PEARL JEWEL, AN INDIAN JEWEL, AN EMERALD JEWEL, PRICE PER CARAT FOR A COLORLESS DIAMOND AND FOR A RUBY
 
La Peregrina
Estimate: US$2,000,000-$3,000,000
Price Realized: US$11,842,500
New York - The Collection of Elizabeth Taylor: The Legendary Jewels Evening Sale achieved $115,932,000 (£74,196,480/€89,267,640), becoming the most valuable jewelry auction in history and setting the tone for Christie's highly anticipated four-day series of landmark auctions devoted to the iconic collection of Elizabeth Taylor (13-16 December 2011). A tribute to the discerning eye of this celebrated film star, fashion icon, and humanitarian, the sale was 100% sold by lot and 100% by value, with 24 of the 80 jewels fetching over $1 million and 6 jewels over $5 million. 7 new world auction records were established: price per carat for a colorless diamond and for a ruby; a pair of natural pearl ear pendants; a pearl jewel; an Indian jewel and an emerald jewel.

The top lot of the sale was the legendary 16th century pearl La Peregrina which realized $11,842,500 (£7,579,200/ €9,118,725), setting two world auction records: for an historic pearl (against the previous record of $2.5 million set by La Regente at Christie's Geneva, 2005) and for a pearl jewel (surpassing the $7 million record paid for The Baroda Pearls at Christie's New York, 2007). A gift from Richard Burton in 1969 (having been bought for $37,000 at auction), this remarkable pearl of 203 grains in size is equivalent to 50 carats. Discovered in the 1500s in the Gulf of Panama, it became part of the crown jewels of Spain and ranks as one of the most important historic pearls in the world. Elizabeth Taylor designed the Ruby and Diamond Necklace with Al Durante of Cartier to offset what she called "the most perfect pearl in the world."
  
The sales continue December 14, with a treasure trove of 190 additional jewels, including personal mementos and beloved gifts. The eagerly anticipated sale of The Icon and her Haute Couture will also take place on the evening of December 14, starting at 7pm. 
  

Jewel of Kahana - Maui Oceanfront Estate - Major Price Reduction

Jewel of Kahana - Maui Oceanfront Estate - Major Price Reduction


The sellers of West Maui’s most prime oceanfront estate have recently reduced the price from $15.9M to $11.9M.  As the listing agent, I have been encouraged to submit all offers.

Please see the link below for more details.  I would be happy to answer any questions you may have about the property, comparable sales and oceanfront market conditions.


The property is like no other on West Maui:
·         Over ½ acre in size
·         Living area over 9,700 square feet
·         Over 250 feet of ocean frontage
·         Beach access just steps away
·         Oceanfront Suites
·         Accommodations for up to 16
·         Offered turnkey

Please contact me or your agent for additional information.



MARY ANNE FITCH
Owner & Principal Broker®
Certified International Property Specialist (CIPS)



Maui Estates International LLC
272 South Ulukoa Place
Lahaina, HI 96761

Cell Phone    (808) 250-1583
Home Office (808) 661-1583
Home Fax     (808) 661-2083
E-mail            sold@maui.net
Website          www.soldmaui.com
$500 Million In Maui Real Estate Sales Since 1988


Monday, December 12, 2011



Christie's Elizabeth Taylor sales, which have captured headlines around the globe, will kick off tomorrow, Tuesday, December 13, with the Legendary Jewels Evening Sale in New York. The ensuing four days of sales, in addition to the Online-Only Auction, will create historic exposure and heightened global esteem for Christie's auction house.

Friday, December 9, 2011

Stone Canyon Ranch is a State-of-the-Art Equestrian Mecca in Pristine San Benito County

Financier George Roberts transformed this ranch into a horseman’s utopia



Paicines, California — Commanding more than 10,000 acres of prime vineyard, agricultural, and grazing land in the San Benito River Valley, Stone Canyon Ranch has been lovingly developed into one of California’s premier equestrian ranch properties.


Financier George Roberts acquired the ranch in the 1990s expressly for his late wife, Leanne, who was an award-winning equestrian and horse breeder, and the property’s many amenities reflect the highest standards in landscaping, construction, and facilities for the horseman.
Stone Canyon was gloriously brought to life through the vision of noted San Francisco architect Ugo Sap, who designed this transcendent compound to provide stunning views, maximum seclusion, and a true communion with nature. Sited atop a prominent ridge line with commanding panoramic views of the property and surrounding valley, the main residence of the Upper Compound spans 7,900 square feet of living space and features a very open single-story floor plan dominated by a large open foyer at the center of the residence. To one side of the foyer are a dining room, modern kitchen, breakfast area, screened-in informal dining room, laundry room, and basement wine cellar. The other side of the foyer leads to the living room, library, and a large master-bedroom suite that includes two bathrooms and a study. 
Adjacent guest quarters occupy more than 4,500 square feet and boast a patio with built-in barbeque and limestone floors. Three separate 1,000-square-foot guest suites, each with a private entrance, are part of the guest quarters complex, and each guest room is characterized by a vaulted ceiling with stone fireplace and a modern bathroom. Also located in the upper residential compound are a large 20-by-60-foot swimming pool, tennis court, pool house, garage, and landscaped yards with modern sculptures. Elsewhere on the vast property are three singlefamily residences that can serve as homes for a ranch caretaker and staff.
“What distinguishes Stone Canyon Ranch are its structures, which are characterized by a minimalistic, resort-style architecture and are oriented to maximize privacy and views and foster a oneness with the natural surroundings,” says Steven Mavromihalis of Pacific Union International. “Most of the ranch buildings consist of heavy steel frames, poured concrete posts, and construction material imported from around the world,” he says. The ranch’s slate roof tiles are from France, limestone flooring is from Italy, and the trellises are of Alaskan cedar. The exterior includes stone walls and solid mahogany doors and window casements. The interior finish of the main residence and guest quarters includes limestone floors, high ceilings, extensive low-voltage lighting, custom cabinetry, stone fireplaces, and numerous windows, including a dome-shaped window in the formal dining room.
“With five separate horse barns, two riding arenas, two training arenas, and a hay barn, Stone Canyon Ranch is truly a trophy property for the horse lover,” says Zackary Wright of Christie’s International Real Estate. Wright notes that the ranch’s equestrian facilities are situated on two separate compounds—the Lower Compound and River Compound—and reflect modern construction and design principles. Built in 2000, the main horse barn is a 14-stall structure with two living quarters, and is made with a steel frame, wood siding, and composition shingle roof.
The barn’s interior has rubber tile floors, wood-partitioned stalls, and a wood ceiling. The second horse barn is a five-stall isolation barn with outside pens, and the third barn exceeds 5,000 square feet, features steel frame, wood-siding construction, and is divided into three storage areas, a three-stall horse barn, tack room, incubator room, and a one-bedroom apartment. The riding area is a 150-by-220-foot pre-engineered steel frame building with metal panel sides and roof. The training arenas include one steel-pole, 68-foot-diameter circular pen with a metal roof, and a 44-by-44-foot steel frame pole barn with a panelled 40-foot diameter arena. The ranch’s vast acreage has been used as vineyards, cattle-raising, and farming, and much of the landscaped residential grounds are graced with fine-art sculpture. Stone Canyon Ranch is listed at US$32,000,000.

Monday, December 5, 2011

Christie's - The Collection of Elizabeth Taylor Online Only Auction




Featuring more than 950 lots of Fine Jewelry, Fashion & Accessories, Costume Jewelry and Decorative Arts & Memorabilia. Online bidding begins 3 Dec through 17 Dec.