Traveling to Hawaii is certainly not as easy as it used to be, but in a recent survey conducted by  the Hawaii Tourism Authority it was found that out of the 495 visitors that were surveyed 85% said their trip was excellent, and 94% said their trip either met or exceeded expectations. This is great to see, as it means that the number of tourists making the journey to Hawaii in 2021 should continue to rise.

While tourism numbers are not nearly what they were in 2019, the Pre-travel Testing Program allows anyone traveling to Hawaii to bypass the 10-day mandatory quarantine, which would make any vacation immensely more enjoyable. Out of the visitors that were surveyed, 79% said that their pre-travel testing experience went smoothly, and the protocols were clear. The remaining 21% reported various issues with pre-travel testing including difficulty finding a trusted testing partner, and not receiving their results within the specified window.

We will continue to look forward to a rise in tourism numbers as the local economy recovers from the COVID-19 pandemic. To look at the full report, follow this link.In an interview with The Maui News, the Chief Economist with the Department of Business, Economic Development and Tourism Eugene Tian stated that nearly 30% of the homes that were purchased in the better part of 2020 were purchased by out-of-state residents. Of those buyers 27.4% were from the mainland, and 1.4% were international. While this number seems high, out-of-state residents usually purchase nearly 50% of the available real estate on Maui.

The data is still being assembled for the demographic breakdown of these out-of-state buyers, as it is unclear whether most of those purchases were made by investors, or those seeking to move their principal residence to Hawaii now that most employees and business owners can work from home.

The three aspects of the current real estate market that appear to show no signs of slowing are low inventory levels, low interest rates on new mortgages and a climbing median sales price for both condos and single family homes. In December, the Realtors Association of Maui recorded the lowest inventory ever since they began keeping records in 2010. New construction is still very active on Maui, with several affordable housing projects as well as luxury condominium complexes set to be completed  between now and 2022.

To read the full interview The Maui News did with Eugene Tian click here.
Due to the spike in COVID-19 cases on Maui, Governor Ige gave Mayor Michael Victorino the authority to amend the current emergency rules. The new rules go into effect today. Here are the highlights.

- Retail occupancy is now limited to 30% to allow more room for social distancing.

- Bars and restaurants are now required to close at 10pm or earlier. Drive-throughs, non-liquor related takeout and room service are all exempt from this new rule.

In addition to pre-travel testing requirements for both inter-island and transpacific travelers, they are also now required to download either the AlohaSafe Alert app or another Google-Apple Exposure Notification System app. Travelers can also enable their exposure notification setting on their phone.

Face coverings must now be worn while walking to and from the beach or pool. They can only be removed once you are stationary and socially distanced from the people around you.

-Even if the venue is outdoors, a mask must be worn at gyms, yoga studios, and wellness centers.

While these rules mentioned  above are slightly different from rules that were already in place, it’s important to keep yourself informed on the latest developments coming out of the Mayor’s office.
 Smith Team Real Estate - 2 Generations of Satisfied Customers - (808) 572-0866
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Issue 1043 February 28th, 2023


In this newsletter:
Market Update
Market Watch
Homes Over $1 Million
Homes Under $1 Million
Vacation Condo Over $1M
Vacation Condos Under $1M
Residential Condos 
Vacant Land 

Bank Owned 
Homes (1)
Condos (2)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

Lovely Hawaiian Tradewinds
   Makena Surf   

Makena Surf G-303

$4M (FS)

Ekolu Means Three


On the beautiful slope between the green pastures of Ulupalakua and the azure waters of Maui, sits one of Wailea’s best known “mauka” condominium complexes, Wailea Ekolu Village. In the Hawaiian language, “ekolu” means three.


At the gateway to the Wailea, this classic property offers three great reasons to fall in love with Maui: ideal location, world class resort golf and sizable units that can also be rented out as short-term vacation condos.


Currently there are three units available for sale at Wailea Ekolu. Listing Details Here. To learn more please reach out to our team and also check out our blog.


Mahalo Nui Loa,

Ken Smith R(S), Melissa Smith R(B), Gregory Smith R(B) and 
Rachel Smith Kofron R(S)

The Smith Team

P.S. It’s no surprise to us that Kaanapali Beach was recently voted #1 best beach in the U.S. but did you know it was also voted #10 best beaches in the world? Check out this article to learn more.
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Market Watch
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235 (123)
1337 (456)
143 (75)
 31 (12)
236 (67)
624 (405)
385 (217)
2530 (1095)
1. The numbers in parentheses reflect the number of listings over $1M
2. Sold listings are for the previous 12 months.
3. Change is the increase or decrease in the number of active listings from the previous week.

January 2023

Homes Over $1M

 2714 Ililani Way 
2714 Llilani Way
$1.025M (FS)
This cheery two-story house sits on a peaceful cul-de-sac street. With abundant windows and natural light, this home is perfect for hosting family gatherings, barbecues, or just enjoying a relaxing upcountry day. The fully fenced-in backyard allows your pets to roam free, and the brand-new partially-covered lanai is the perfect place to entertain.
303 Huaka
303 Huaka Street

$1.55M (FS)
This stunning two-story custom-built home of 3715 sq.ft under the roof is a real estate gem that you won't want to miss. Recently back on the market after receiving a fresh coat of paint throughout the entire interior and a noticeable face-lift, this property is even more alluring than before.
580 Olinda Rd
580 Olinda Road

$1.595M (FS)
Property has charming and unique older structures. The largest, built in 1920, was permitted as 5 bedroom 1 bath and tax records reflect 1534 sf. Accessory Dwelling, built in 1927, 295 sf.  Accessory Dwelling, built 1920, 2 rooms 1 bath, 422 sf. Strong rental income and good tenant history. Abundant, mature fruit trees (avocado, citrus, surinam cherry) and tropical foliage.
3501 kehala
3501 Kehala Drive

$2.85M (FS)
Freshly painted and nestled in the desirable neighborhood of Maui Meadows, overlooking stunning ocean views. The whole property is beautifully landscaped with plenty of outdoor living space to entertain guests and of course room for a pool. Ample deck space throughout to enjoy mesmerizing views and year round sunsets/whale watching.
1000 Sunset
1000 Sunset Place
$3.995M (FS)
This beautiful 4 bedroom home sits on a corner and thus on a larger lot than most homes in the Pineapple Hill subdivision. Various upgrades have been done over the years, including a complete remodel of the kitchen (cabinetry, appliances, added a wine cooler) in 2019. Spacious floor plan with a master suite facing the ocean.
183 Welau Way
183 Welau Way
$4.475M (FS)
The property boasts completely refreshed tropical landscaping and landscape lighting. While the home's revitalized garden-level pool lanai sits on a raised lava-rock ledge, shielding it from street-level view. The pool and hot tub have been refinished, along with brand-new pool decking.

Homes Under $1M

 19 Nohokai St19 Nohokai Street
$799K (FS)
Brand New Cottage with garage in the heart of Kihei. Move right in to this new construction 2 bedroom, 1 bath home conveniently located in Kihei Town. Clean and light finishes to include off-white cabinetry, granite countertops, luxury vinyl plank flooring, tile, stainless steel appliances, stylish lighting and ceiling fans. 
120 E Lipoa
120 East Lipoa Street
$824.9K (FS)
This single level home in the heart of South Maui is set amongst a lush garden setting and is centrally located. This three bedroom 1 bath home opens to acres of private park within the Kihei Kauhale Nani subdivision and is just down the street from Kihei Elementary , Lokelani Middle and Kihei Charter schools. This home features a flexible floor plan with four separate exterior accesses to truly enjoy the yard and garden.
52 E Waiko Rd
52 East Waiko Road
$825K (FS)
Enjoy this 3 bedroom, 1 bath home with two car garage and a spacious backyard perfect for gatherings of family and friends. Additional room and bath with Separate entrance. Close proximity to main grocery stores, medical facilities and school.  Come and see the possibilities this house has to offer to make it your home.
934 Akaaka
934 Akaaka Street
$890K (FS)
This 3 bedroom, 2 bath home with a wide-open floor plan was built brand new in 2017 in historic Hali’imaile town. Built with beauty and durability in mind using Pergo laminate flooring, quality cabinetry, stone countertops, subway tile backsplash and all stainless appliances. Enjoy all the beauties of Up Country living while still being just a quick drive to world famous North Shore beaches and major shopping in Kahului.

Vacation Condos Over $1M

Maui Kamaole M109

$1.099M (FS)
This ground-floor unit is beautifully decorated and updated with porcelain tile floors, new carpets, fresh paint, granite countertops, and solid wood cabinets, just to name a few. And the view is a fantastic, open greenbelt view. you are away from parking lots, so no blaring alarms or headlights to disturb your peace while you enjoy this beautiful home away from home.

Customer Listing Synopsis


 Kapalua Golf Villas 
Kapalua Golf Villas 15P5&6

$1.675M (FS)
Golf course views from this 2 bedroom, 2 bathroom unit with 1,344 SF, located on 10th fairway of world renown Kapalua Bay Golf Course. Easily accessible unit, located on the ground level and very private. Fully equipped kitchen, spacious living room, large lanai and lots of storage. 
The Residences
The Residences at Napili Bay C15
$2.775M (FS)
Exceptional Beach lifestyle home featuring 3 bedrooms, 2.5 baths, expansive floor-to-ceiling windows, beautiful bamboo floors, contemporary island design, and a sparkling custom-designed kitchen. Rarely available, the Residences at Napili Bay is a private enclave of 16 luxury townhomes nestled alongside the Kapalua Resort offering unique architecture.
Mahana 1119
$2.995M (FS)
Discover this beautifully appointed and spacious two-bedroom residence at the Mahana situated at the North end of Kaanapali’s Kahekili Beach. A rare and coveted corner location on the South side of the Lanai building, it has floor to ceiling windows which frame the dramatic views of the sandy beach that extends all the way down to Puu Kekaa, Black Rock.  

Vacation Condos Under $1M

Paki Maui
Paki Maui 413

$625K (FS)
This 1 bedroom 1 bath upgraded features stainless steel appliances, Corian countertops and luxury vinyl plank flooring. The countertops, cabinets & sinks were replaced in 2022. This condo lives easy with a lanai that over looks the central courtyard and koi pond. Whether you'll be occupying the home or using it as a rental.
Napili Shores
Napili Shores D-232
$650K (FS)
This Napili resort garden setting is enhanced with shady monkey pod trees, fragrant plumeria blossoms, and shady coconut palms. Some of the best snorkeling on Maui (Honokeana Cove) and a beautiful sandy beach, Napili Bay. This studio unit is on the second floor with high ceilings for a feeling of spaciousness. 
Pacific Shores
Pacific Shores B-113
$925K (FS)
A modern, 2 bedroom vacation-rentable ground floor unit nestled right across the street from Kihei’s most pristine, white sandy beaches. As a bonus, this property also comes with 3 parking stalls. Enjoy awe-inspiring South Maui sunsets, neighboring island views, tropical foliage & wildlife, all just steps from this exceptional condo. 
Maalaea Kai
Maalaea Kai 312
$925K (FS)
This a fee simple, totally remodeled 1 bedroom 1 bath vacation rental condo located on 2.2 premier ocean front acres! Also in the highly-sought after direct center of the complex with the best panoramic ocean views & far away from the pool activity. Don't miss out on this amazing opportunity to own your own piece of paradise! 

Residential Condos Over $1M

Wailea Palms
Wailea Palms 3508
$1.799M (FS)
A top floor, 2 bedroom 2 bath unit situated in the lower quiet area of the complex. 3508 has a desired north facing location allowing for maximum use of the nearly 300 sq ft partially covered lanai! There are stunning ocean views with west Maui in the background from the primary bedroom, lanai, and living room. The unit has a tastefully remodeled kitchen with stainless steel appliances.
Wailea Fairway Villas
Wailea Fairway Villas X-103
$1.899M (FS)
This three bedroom three bath condo has a beautifully updated kitchen and an extra bonus space upstairs that is perfect for an office or family room. The unit is in a great location in the complex, and it is being sold furnished to make your transition simple.

Residential Condos Under $1M

  Puuone Hale
Puuone Hale Alii 207

$345K (FS)
This lovely one bedroom and one bathroom home offers a generous 552 square feet of living space, the interior has been freshly painted with new laminate and tile flooring, kitchen cabinets, sink & faucet, garbage disposal, bathroom vanity & faucet, medicine cabinet, light fixture, and tub/shower faucet. The unit comes with one assigned parking space. 

Customer Listing Synopsis

Mount Thomas
Mount Thomas 103
$425K (FS)
This 2 bedroom 2 bath condo features panoramic ocean/Haleakala views and is located centrally to everything. Mount Thomas units rarely come up for sale. Security Building and Pet Friendly complex. The monthly maintenance fee includes water (including hot water), sewer and trash use.
Pohailani Maui 199
$730K (FS)
This condo has been completely remodeled with pearl blue granite kitchen counter top, sand stone river rock entry, bamboo living room floor and is the only completely insulated unit on the whole property. This 2 bedroom unit has been converted into a 1 bedroom. It has a custom screened in Lanai which gives you another outside room. This is one unit everybody must see. 
Hale Kanani
Hale Kanani 3-102
$820K (FS)
This well maintained 2 bedroom 2 bath unit is located on the ground floor and is 1 of 8 units in the complex with an extra storage unit! There is carpet and tiled flooring throughout as well as ceiling fans and central AC. The covered lanai looks out towards the tropical landscaping along side the road way. 

Vacant Land

3381 East Lani Ikena Way

$900K (FS)
Create your dream home on this easily buildable lot, situated at the end of a quiet cul-de-sac. With ocean views from the ground level, imagine what you see from the second floor! Just a short walk to the amazing Keawakapu Beach which happens to be rated the #1 Best Beach in the World by Conde Nast Travel Magazine.

The Smith Team
(808) 572-0866
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753

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