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
About Maui Our Listings Property Search Rentals Blog Contact Us
 
Issue 1040 February 7th, 2023
 

Aloha


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)
Land
New Properties 
Price Reductions  

Short Sales
Homes

Condos 
Land
New Properties

Price Reductions 

 Direct Beachfront
Residential Condominium 
 
   Feature   

4406 Makena Road
Makena
$16.75M (FS)


Iconic Wailea Point

 

What makes Wailea Point Village so iconic? Positioned like a crown jewel amidst Maui’s most prestigious and glamorous resorts, this complex consistently stands apart from other Wailea condominiums for its world exquisite location, luxury units and desirable amenities. 

 

Built in 1986, this gorgeous complex still holds the gaze of visitors and residents alike who dream of oceanfront living with the unfaltering views of Molokini and Kaaholawe that Wailea is known for and that Wailea Point Village has perfected. Against the test of time, it remains a world class Maui property unlike any other.

 

Currently there are six active listings available at this complex that range in price from $5.85 million to $18 million. Click here to learn more about the individual units for sale and check out our blog to better understand why this iconic complex demands such a high premium. 
 

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. Just a Reminder the 2nd installment of Hawaii Real Property tax bills are due Feb 21st! You can pay your bill at www.mauicounty.gov/rptpayments.

 

P.P.S If you’re looking for a food truck recommendation in Kihei check out The Maui Grill located on Alahele Pl, a block off S. Kihei Rd for Thai inspired seafood and BBQ plate lunches. Great food, great prices.

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Market Watch
 
Active
Pending
Sold
Change
Homes
275 (236)
110 (67)
978 (580)
NC
Condos
213 (105)
228 (126)
1395 (462)
-9
Land
144 (77)
 27 (10)
246 (70)
+4
Total
632 (418)
365 (203)
2619 (1112)
-5
 
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.

 

Homes Over $1M

 256 Mehani Cir 
256 Mehani Circle
Kihei
$1.15M (FS)
This South Maui home is a gem you'll want to explore. Exquisite remodel and updates abound as you enjoy the ease of the single level floor plan boasting 3 bedrooms, 2 bathrooms, just over 1200 square feet of living space and an attached two-car garage. Vaulted ceilings make the main living space feel open and airy.
130 N Honokala
130 North Honokala Road
Haiku

$1.85M (FS)
Nearly 180 degree giant sweeping ocean view & astounding attention to detail in this custom, quality built home & ohana for family compound or rental opportunity. Rare green certified energy star qualified home built with sustainable.
 
20 Hale Makai
20 Hale Makai Street

Kahana
$1.995M (FS)
Tropical Kahana Location. 250 feet from the ocean. Enjoy the trade wind breezes. Close to epic beaches and dining. Napili Market and Kapalua Golf. Home and guest home provide many options. There is storage below both dwellings.
aa
80 & 88 Aulii Drive
Kula

$2.563M (FS)
The highly anticipated chance to acquire the full property, with both Unit A and Unit B being presented as a combined offering. Located in one of the most desirable Maui neighborhoods, this home boasts ocean and mountain views. Enjoy the perfect weather of Upcountry with the ease of proximity to schools, restaurants, and amenities. With a brand-new roof in 2022.
 
 
3929 Waakaula Pl
3929 Waakaula Place
Wailea
$5.4M (FS)
Expansive ocean views and year round sunsets from this single level 3 bedroom, 3.5 bath home in the beautiful gated community of Wailea Golf Estates. Just imagine whale watching while floating in your pool. Kitchen and primary bedroom. Extensive pool and lanai remodel completed in 2022 is awe inspiring.
131 Aleiki Pl
131 Aleiki Place
Paia
$8.4M (FS)
This estate welcomes you in as you enter through the main gate where you'll find yourself in a courtyard setting with a relaxed feel, elegant fountain, pool, and a Romeo and Juliet balcony above. The 4 bedroom, 5 bathroom main house's layout includes a chef's kitchen, living room, guest rooms, 4 bathrooms, a steam room, and a sauna on the first level.

Homes Under $1M

 62 Ainaola62 Ainaola Street
Wailuku
$720K (FS)
Plantation house with detached bath and utility shed in older Wailuku neighborhood. Two adjacent lots totaling 12,506 SF, each parcel with an existing water meter and digital electric meter. Easily accessible to Kahului. Property sold "as is", seller will not make repairs. Mature trees include avocado, lemon and mangoes. Existing improvements may not match tax records. 
60 Wailani St
60 Wailani Street
Wailuku
$729K (FS)
Adorable, turnkey home in a walkable neighborhood with so much remodeling completed that it seems nearly new. Current owner did major improvements between 2016 to 2022. Recently, a new large concrete driveway was added with room to park many vehicles, the sewer line was replaced, a new powder room.
786 PALA Cir
786 Pala Circle
Kahului
$850K (FS)
This very desirable one-story, 2 bedroom 2 bath has a 3rd bath in the back yard for accommodating outside parties and barbeques. This home has been upgraded thru out over the years to include newer roof, appliances, 18 panel PVC system (leased) , 3 window A/C's, walls and fences all around. Also has all walk-in showers, tiled and faux wood floors, and covered laundry area. 

Vacation Condos Over $1M

Hololani
Hololani A-503
Kahana

$1.2M (FS)
This is your Condo if you like amazing views, Sunsets from your lanai, watching Sea Turtles and Whales! Perfect location for the wonderful Maui cross breezes for comfort. Arguably one of the best oceanfront locations on West Maui. This unit is one of the best highly customized units at Hololani, with Kitchen and Baths remodeled.

Customer Listing Synopsis

Video/Virtual Tour

 Kahana Sunset 
Kahana Sunset A-4
Kahana

$1.425M (FS)
This 2 bedroom 2.5 bath remodeled townhouse is in building "A" at Kahana Sunset which is located on pristine Keonenui Bay in the Kahana area just south of Napili/Kapalua. Enjoy the panoramic views of the West Maui Sunsets to the Winter Humpback Whales from either one of your two lanai's. Exquisitely remodeled it comes furnished and includes a split a/c system. 
Wailea Point
Wailea Point 102
Wailea
$17.5M (FS)
Simply the finest residence in Hawaii’s finest condominium development. There is nothing else like Wailea Point residence 102, and never can be. The location is 75 feet from the surveyed shoreline and 56 feet above the crashing waves. Views expand way more than 180 degrees and exceed any superlatives. 

Vacation Condos Under $1M

Villas at Kahana Ridge
Villas at Kahana Ridge 727
Kahana

$699K (FS)
Turnkey 2 bedroom 2 bath pet friendly residential condo, where the easy access, first floor walkthrough gives way to the second floor ocean view lanai overlooking Moloka'i and the Pailolo Channel. Isocore Luxury Plank Flooring tastefully flows throughout this condo home in every room, including the bathroom and kitchen.
Valley Isle Resort
     Valley Isle Resort 302-B 
Kahana
$795K (FS)
Amazing panoramic ocean from the lanai of this one bedroom, furnished condominium. Enjoy the view from your private lanai or sleep to the sounds of the ocean. Beautiful furniture and all furnishings included. Location is fantastic and directly across from the Kahana Shopping Center with excellent restaurants and shops and lots of amenities and etc.
JJ
Kamaole Sands 9302
Kihei
$870K (FS)
This is one of the few units in the complex that has central air conditioning. Set your temperature in the bedroom, set a different temperature in the living area. Everybody's happy. The larger lanai is a perfect place for a meal, board games, cards or just relaxing. 
Sugar Beach Resort
Sugar Beach Resort 503
Maalaea
$899K (FS)
Unit is furnished with Hawaiiana décor. The king bed and sleeper sofa allow for four to sleep comfortably. Fully stocked kitchen for all your culinary needs. Washer-dryer in unit. You can enjoy watching the whales during winter months, sunrises and sunsets, the morning canoes, and the standup paddlers passing by. A perfect swimming beach is right out front, or swim in the oceanfront heated pool.
 

Residential Condos Over $1M

Wailea Palms
Wailea Palms 3508
Wailea
$1.895M (FS)
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. 
 
Hokulani Golf Villas
Hokulani Golf Villas 74
Kihei
$2.495M (FS)
Built in 2020, this “like-new” amazing fully furnished four-bedroom three bath home is located adjacent to the 11th hole of the Maui Nui Golf course with beautiful sunset views. Hokulani offers a single-family residential condominium lifestyle. This two-story home offers the flexibility of a 4 bedroom 3 bath or 3 bedrooms with den with main level and upper lanais.

Residential Condos Under $1M

  Harbor Lights
Harbor Lights A-411
Kahului

$199K (FS)
Come see this partially remodeled 1 bedroom 1 bathroom, move-in ready unit. Located in building 4 of the complex, it is close to the pool, playground, and BBQ. Close to Beach Parks, Queen Kaahumanu Shopping Center.

Customer Listing Synopsis

Puuone Gardens
Puuone Gardens 13
Wailuku
$379K (FS)
New fully renovated rare 2 bedroom 1 bathroom condo. Amazing ocean view and Haleakala mountain view. Brand new vinyl plank flooring, cabinets, range w/oven, refrigerator (on the way), tiling in bathroom, mirror and sinks.
Kihei Shores
Kihei Shores F-202
Kihei
$569K (FS)
Discover the ease of Maui living with this charming complex at Kihei Shores. This 2 bed and 2 bath unit has many upgrades throughout. The property has lots of shelving and storage and a fully equipped kitchen. Enjoy your morning beverage on your covered lanai with a peek-a-boo ocean view and tropical landscaping.
Kai Ani Village
Kai Ani Village 8-201
Kihei
$855K (FS)
This beautiful 2 bedroom 2 bath unit has been meticulously maintained and is situated on the quiet mauka side of the complex. Located in central Kihei and conveniently located near the market, parks, local restaurants, and just across S. Kihei Rd from the beach. Kai Ani Villages boasts some beautiful amenities. Enjoy swimming in the refreshing salt water infinity pool or soak in the jacuzzi after a fun filled day on Maui.

Vacant Land

0 Hopo'i Place Lot 58
Wailuku

$625K (FS)
Nestled at the top of the Kehalani community just below Wailuku heights in a gated community, Lot 58 is 12,377 sq ft and ready for you to start the building process to create your dream home. Enjoy cool the mountain breeze, breathtaking ocean and mountain views too. You're front row of the subdivision, so you won't have anyone building in front of you.
619 Omaopio Rd Lot
619 Omaopio Road
Kula
$1M (FS)
This exclusive 8 lot subdivision sits at the 1,800' elevation with Agriculturally zoned lots ranging from 4 to 10 acres. Lot 1-A is 5.69 acres. Incredible bi-coastal views grace this incredible area near the top of Omaopio Road in Kula. Subdivision improvements will be completed by Summer 2023.

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

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