is dedicated to "The Papakea Beach Resort. We provide you with current condo/unit sales information which will help you with your purchase decisions. Please call and ask for Frederick V. Burgart, Realtor.

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Frederick V. Burgart, Realtor

P O Box 1921
Wailuku, Maui, Hawaii 96793

OFFICE: 1-(808)-242-7249
FAX: 1-(866)-451-2365

Click on any of the options above to find the information you need. Or if you are interested in any other condo properties, I have full access to the complete MLS system. Please feel free to email me so I may provide you with the info you need.

Frederick V. Burgart,

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Papakea Beach Resort,
Latest Newsletter



October  1, 2015

By: Fred V. Burgart (PB)

Frederick V. Burgart, Realtor

Aloha Papakea Owners & Future Owners,

Hope you all had a fantastic summer. Those of you who were here a week ago for the Annual  Owners Meeting were treated once again with gorgeous weather, perfect for the outside owner parties. If you haven't heard, our summer can be summed up with two words: HOT & HUMID!!  And definitely will go down as the hottest summer ever. Half the  days of August were record breakers alone. All of the hurricanes and tropical storms missed  us but they wiped out the trade winds, thus creating unbearable humid conditions along with super heavy afternoon thunder showers. The hot weather didn't stop the usual tourist crowd. Last weeks Maui News reported that Maui had the  best improvement over the rest of the islands. Maui No Ka Oi they say.



During the last 3 months, there were 4 more sales, increasing our sales total to 11 sales for the first 9 months of the year. Last year at this time we had 9 sales, so the sales are a little better so far this year. With another 2 units now pending, sales activity continues steadily along. Our inventory is currently at 21 units offered for sale. For the year so far, there's been a little more inventory than last year for the  Buyers out there. Prices seem to be slowly but surely increasing. We'll see how the rest of the year goes. 


The meetings were held the weekend of September 25th & 26th at the neighboring Kaanapali Beach Club which is a convenient walk down the beach from Papakea.  The meeting hall was packed as usual and there was no problem getting quorum established.

Highlights of the Annual Owners Meeting were:

1)Three Board of Director positions were open and voted in were all Board Directors already:

Elected: Phil Nudelman (C-208, C-305)

Elected: Virginia Sargent (B-407)

Elected: Daryl Wilson (J-302)

The other contender was Lou  Bellardo of L-404 who ended up with 15% votes but not enough.

2)EXTERIOR RENOVATION PROJECT: Is not over yet: The LAST of the work is to be done by mid November.

3)EMERGENCY SEAWALL REPAIRS: There was a detailed presentation of the  history of the  Papakea seawall and sink hole problems. And now with 10 holes popping up in the past few years, it's gotten out of hand. The Board has no choice but  to do an emergency repair. The Board will be soon sending out a request to make an AOAO loan to cover the estimated cost of $ 4-5 million. If the Board fails to get the 50%+ approval, they will have no choice but to  declare a special assessment. No County approvals yet, but they  anticipate work to begin in November and it'll take a year to compete the 975 feet of seawall. Everyone knows it kind of hurts because there are still 250 owners who  are making monthly payments for the  exterior renovation project.  It looks like the seawall will  cost about  half the cost of the  renovation project.

MY WEBSITE: if you are looking for updated information regarding Papakea, please search my website for all the latest info on sale,  listings, & cost of ownership.  You can always drop me a note for any questions you may have.

Aloha & Mahalo,