Affordable Hawaii Real Estate and Maui Real Estate with the Smith Team

Issue 1186 | December 23rd, 2025

Aloha ,

In this newsletter:

Kapalua Luxury Real Estate

408190-5098BE21-0444-4F5F-ADCB-932DE3999B75

203 Plantation Club Dr
Lahaina

$15.600M (FS)
 

This stunning 8,252 sq ft residence with expansive ocean views is situated on 2.65 beautifully landscaped acres with an additional 1.18-acre easement. The home features 6 ensuite bedrooms with ocean vistas, including 2 on the first floor. The interiors showcase high-quality Koa finishes, Venetian plaster walls, and custom wood and stone details, providing both elegance and comfort.   

Listing Details 
 

 Important Update: New Water Demand Standards for Maui County

Aloha!
 

Starting January 1, 2026, the County of Maui Department of Water Supply will implement a new method for projecting water demand and sizing water meters, as required by Ordinance 5759. The update replaces the fixture-based Hunter Curve Method with a daily water-use model that better reflects actual demand and supports long-term water management.

Key Points:

  • Water demand will be measured using Equivalent Single Dwellings (ESDs) based on daily water use.

  • One ESD equals 300 gallons per day, with an additional 0.5 ESD allocated for outdoor use.

  • The new method applies to building permit and water-use applications submitted on or after January 1, 2026.

  • Applications submitted on or before December 31, 2025, will continue under the current method.

Learn More:
Updated guidance and application materials will be available through the DWS Engineering Division at
www.mauicounty.gov/214/Engineering-Division

For questions, contact the DWS Engineering Division at (808) 270-7835, option 5.

 

Mahalo Nui Loa,
 

Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
 

The Smith Team

P.S. Wishing you and your loved ones a very Merry Christmas and a joyful holiday season.
Mele Kalikimaka me ka hauʻoli i kēia kau hoʻomaha!

 

 

Market Watch

  Active Pending Sold Change
Homes 450 (392) 103 (74) 698 (504) -6
Condos 920 (347) 94 (25) 690 (202) +21
Land 204 (80) 19 (6) 153 (45) +9
Total 1574 (819) 216 (105) 1541 (751) +24

1. Numbers in parentheses reflect listings over $1M
2. Sold listings are for the previous 12 months
3. Change is the increase/decrease from the previous week

January 2025
February 2025
March 2025
April 2025
May 2025

June 2025
July 2025
August 2025
September2025
October 2025
November2025

Market Statistics

Updated list of all bank-owned and short-sale properties:

Bank-owned
Short sale



Homes Over $1M

407140-690BB4CF-93C6-40C7-A0D2-A43B9052A042 (1)

115 Kumula'au Ohia Loop

Wailuku

$1.395M (FS)

Better Than New – Fully Upgraded & Move-In Ready in Ohia at Kehalani! Why wait for builder timelines or settle for base finishes when you can move right into this beautifully upgraded and meticulously maintained home at 115 Kumula’au Ohia Loop? This exquisite home is a true gem, showcasing countless upgrades and meticulous care throughout.  

Customer Listing Synopsis 
 
Video Tour

408204-8d8b7685-12f3-4fed-a6a0-f4b428152c01

4509 Opana Pl

Haiku

$1.895M (FS)

Spacious two-story home set on 2 acres, move-in ready and offering rental income potential and flexible living while you build your dream detached cottage! (Permits approved and ready to go), with CPR potential. In close proximity to Ulumalu Road and Hana Highway, this private property sits at the end of a cul-de-sac and is surrounded by other two-acre parcels. 

Customer Listing Synopsis 
 Video Tour

406221-871FDA7A-A35F-42E8-ACED-9E2D7663BB6F 2

162 W Ikea Kai Pl

Kihei

$3.499M (FS)

Located at the end of a peaceful cul-de-sac and bordering a lush greenbelt, this exceptionally designed 4 bedroom, 2.5 bathroom home in the prestigious Wailea Kialoa community offers privacy and ocean, sunset, and neighbor island views. The split-level layout provides effortless living with the main level featuring a gourmet chef’s kitchen, a formal dining room, a spacious living area, a luxurious primary suite, a bedroom that serves well as a private office, a powder room, and an attached garage—all designed for comfort and style.

Customer Listing Synopsis 

Homes Under $1M

407557-afcfecb3-9d9d-4337-a1fd-f17da5f6a79d

639 Kainalu Pl
Wailuku

$626K (FS)

PENDING - CONT. TO SHOW
Great opportunity in Central Maui! This single-level 4 bedroom, 2 bath home offers excellent potential for homeowners or investors. Situated on a level lot with a nice-sized backyard, the home is currently used as a 3 bed, 1 bath main living area with a separate 1 bed, 1 bath space, perfect for multi-generational living or rental income possibilities.



Customer Listing Synopsis 

407838-2e7a0f00-a40a-4fda-b4ef-2717572de590

5702 LOWER KULA Rd
Kula

$696K (FS)

ALOHA! 2-bedroom, 1 bath approximately 700 square foot ranch home sitting on 25,726 square foot lot in the heart of Kula of Highway 37 near Kula Botanical Gardens. It will need repairs but has so much potential. Make it your own. Jump on this great deal before it’s gone! 



Customer Listing Synopsis

408108-83834cfd-34f2-4146-916f-2472c88a9e9f (1)

311 S Lehua St 
Kahului

$825K (FS)

In the heart of Wailuku, 1791 Piihana Rd awaits its new owners! This 4 bed 2 bath home offers 2630 sq ft of living space, a large canvas to let your imagination run wild. Large windows allow natural light to flow throughout, creating a bright and airy atmosphere. It's powered by 30 solar panels and 2 tesla batteries providing optimal energy to power all your toys. 
 


Customer Listing Synopsis 
 

407637-54e227ba-a529-498b-976b-fc14d4ec9850

162 Aha'aina Way 
Kihei

$848K (FS)

The perfect place for anyone seeking an ocean-view home with space to dream and potential to build additionally. 162 Aha‘aina offers a rare chance to create your own vision of home in the heart of North Kihei. Set at the end of a cul-de-sac, this charming 720 s.f. residence rests on an approx. 8,059 s.f. lot and enjoys views of the Pacific, West Maui, and the Island of Lanai.


Customer Listing Synopsis 
 

Vacation Condos Over $1M

407546-ee8dec89-cc22-4a16-a5dc-8eb15ea873e1 (1)

Maui Banyan # Q-402
Kihei

$1.050M (FS)

PENDING - CONT. TO SHOW
Welcome to Maui Banyan - where island elegance meets effortless living just steps from the golden sands of Kamaole Beach Park II. This beautifully upgraded top-floor corner unit offers breathtaking ocean and mountain views, along with a rare and flexible 2 bed / 2 bath lock-off floor plan (1 BR/1 BA+ studio), allowing for multiple uses: vacation rental, personal retreat, or extended stays with guests. 

Customer Listing Synopsis 
 

405957-94e075fd-667a-43c1-aaa6-a8ba10ed7355

Wailea Ekahi I # 3A 
Kihei

$2.235M (FS)

Discover your perfect island retreat in this spacious and private condo nestled in a tropical setting in Wailea Ekahi. This rare and striking 2-bedroom, 2.5-bathroom townhouse offers the ideal blend of comfort, space, and tranquility while being just steps away from Keawakapu Beach; one of the world's most beautiful beaches. As you enter the unit you're welcomed by the bright kitchen connecting the dining area facing the lush garden. 
 

Customer Listing Synopsis 
Video Tour

406836-bb9a7911-1267-44ea-aa76-5483bde0a180

Hoolei # T-1
Kihei

$4.450M (FS)

Luxury resort villa situated conveniently at the doorstep to Grand Wailea, Wailea Beach, for an elevated lifestyle landing in the hub of paradise. Split level townhome unit T-1, offers great privacy coupled with being the largest floor plan, (Hibiscus), in a most desired end unit position with optimal biophilic design of 3076 sq ft refreshed indoor space and 700 sq ft covered lanai. 
 

Customer Listing Synopsis 
Video Tour

408171-463bf303-85bc-4252-b862-701290b199c2

Wailea Beach Villas # PH503 
Kihei

$6.895M (FS)

Enormous Ocean and Outer Island Views from this stunning, rarely available TOP FLOOR 3bedroom/3bathroom fully furnished Penthouse at Wailea Beach Villas. A tranquil, remodeled, and spacious turnkey offering boasting dramatic views, seamless indoor and outdoor living on a large entertaining lanai and unique materials and upgrades throughout.
 

Customer Listing Synopsis 
Video Tour

Vacation Condos Under $1M

407106-657d173c-fa5e-466f-a929-d98f853ea946 (1)

Kalama Terrace # L-204
Kihei

$335K (FS)

Welcome to this charming 1-bedroom, 1-bathroom condo located in the desirable Kalama Terrace complex. This fully furnished unit offers a perfect blend of comfort and style, making it ideal for full-time living, a vacation getaway, or a rental investment. The kitchen features a newer gas stove and refrigerator, along with beautiful granite countertops and updated wood cabinetry. 

 

Customer Listing Synopsis 
 

407651-7e2a7b44-03ec-4250-8104-8af3ca71274e

Kihei Bay Surf # 112 
Kihei

$375K (FS)

South Side Beauty! Just moved here and need a place to call your own? This is the Perfect Spot! Make your dream come true of owning a piece of paradise on the beautiful south side of Maui. Whether you are a new resident to Maui and wish to be centrally located, with ocean less than a 100 steps away, or looking for a condo to come and visit regularly without paying rental fees to someone else.

 

Customer Listing Synopsis 

408168-922736f9-cab3-4fba-8908-fc9370ec21f3

Kaanapali Shores # 322
Lahaina

$589K (FS)

HOTEL zoned. Ka'anapali Shores #322 is one of the LARGEST 1BR units featuring the "C" floor plan within this Aston luxury resort. This unit has a spacious great room with a full-size kitchen that features GRANITE counter tops and custom cabinets. The lanai is spacious and the perfect spot to enjoy bird song and your morning coffee as you plan the day's adventures. 
 

Customer Listing Synopsis  
 

408138-B8E05A07-9BB8-4EB6-BF02-029F6DC21A85

Kihei Kai Nani # 171
Kihei

$609K (FS)

Welcome to Kihei Kai Nani 171 a "Hotel" zoned Heavily booked condo situated in south Kihei, directly across from Kamaole II beach park. This vacation resort features 180 one-bedroom condos, each 621 sq. ft., with a remodeled kitchen featuring granite countertops. The property is surrounded by tropical, mature landscaping and is conveniently close to restaurants, shopping, and the Kihei boat ramp.

Customer Listing Synopsis  
 

408134-6d9a8063-f898-4e96-b46a-f4d26db412e9

Haleakala Shores # A305
Kihei

$711K (FS)

Welcome to your South Kihei retreat, Haleakala Shores, just steps from world-famous Kamaole III Beach. This spacious 2-bedroom, 2-bath condo offers the perfect blend of island comfort and modern convenience in one of Kihei's most walkable, beach-friendly neighborhoods. Flooded with natural light, the open-concept living space feels bright, airy, and inviting from the moment you enter. 

Customer Listing Synopsis  
Video Tour

Residential Condos Over $1M

408135-12c944d6-874e-43bd-8e5a-e150441862ff

Hokulani Golf Villas # 47
Kihei

$2.050M (FS)

Set along the 16th fairway with sweeping views across three lush fairways, this residence captures the essence of life at Hokulani Golf Villas. Within this private gated enclave of 40 acres, beautifully landscaped and thoughtfully designed, you’ll find space, serenity, and a sense of true Maui living. This sought-after 110 model is perfectly designed for comfort and flexibility. 
 

Customer Listing Synopsis 
Video Tour

406887-49e94174-0f1d-4fc4-bc76-ffe0b32a777e (3)

Wailea Point I II III # 1404
Kihei

$11.500M (FS)

Wailea Point 1404 is a front-row, 3 bedroom / 3 bath oceanfront masterpiece—an inspired blend of refined design, master craftsmanship, and timeless elegance in one of Maui’s most exclusive communities. Reimagined through an extensive, no-expense-spared renovation, this one-of-a-kind residence offers sweeping views of white sand beaches, dramatic coastline, and the neighboring islands of Molokini, Kaho‘olawe, and Lana‘i.

Customer Listing Synopsis 
Video Tour

 

Residential Condos Under $1M

407017-28db623d-855d-4fa5-a3b8-1ff044c17f7f

Harbor Lights # D410    
Kahului

$149K (FS)

PRICED TO SELL!!! LOWEST PRICED 2BD UNIT. This 4th floor unit has ocean and West Maui Mountain views. Located in Kahului, close to Queen Kaahumanu Shopping Center, MACC, University of Hawaii - Maui Campus, Shopping and Restaurant's. Please call your favorite realtor today for a showing.
 

Customer Listing Synopsis 
 

404637-8269306a-f236-45e5-9b08-eb612f8450b4

Kahului Ikena # 327
Kahului

$350K (FS)

Kahului Ikena is a condo complex treasure tucked into the urban Central Maui landscape. This low-density complex is hidden in the fold between Kahului and Wailuku. Recreational, municipal, educational and commercial facilities and centers abound within proximity for use - the War Memorial Athletic Complex.

 

Customer Listing Synopsis 

404637-8269306a-f236-45e5-9b08-eb612f8450b4 2

Keonekai Villages # 7201
Kihei

$498K (FS)

Keonekai Villages is located in an incredible location in South Maui. Two blocks away you are within walking distance to the beautiful sandy beach, Kamaole Beach III. The snorkeling spots are some of the best on the Island. You can walk to local restaurants and shopping. Its a great location to go for a walk or run passing State beaches along the way, play some volleyball or let the kids enjoy the playground and the beach. 

 

Customer Listing Synopsis 

408165-cabab553-2661-4bc5-baa4-2777e9aa5b7a

Maui Gardens # G102
Kihei

$499K (FS)

Set amid vibrant tropical gardens and only moments from the beach, Maui Gardens G102 offers a peaceful escape with effortless access to sun, sand, and whale-watchable sea. Beautifully and tastefully renovated, the unit blends modern updates with timeless design for both comfort and functionality.

 

Customer Listing Synopsis 

406612-d614c40c-14e2-47a6-b49f-dd572ca7da52

Haleakala Gardens # 12E
Kihei

$695K (FS)

Welcome to Haleakala Gardens, a pet-friendly complex just one block from the ocean and steps to Kalepolepo Beach and Waipulani Beach Park. Nestled in lush tropical landscaping, this top-floor, garden-view unit in Building 12 offers peace and privacy with a beautifully remodeled interior. This spacious 3-bedroom, 2-bathroom home features soaring vaulted ceilings and a thoughtful full renovation from top to bottom.  
 

Customer Listing Synopsis

Vacant Land

405411-26772918-80bf-4888-8eb4-f2d502fa56b7

1706 Haiku Rd
Haiku

$299K (FS)

Wow! This fantastic "ready-to-build" lot comes with shared county water on-site and overhead electricity already in place! The owner has plans for a 720-square-foot home with a carport (plans available upon request). Unit B is allocated 13 of the 31 water fixture counts, and no additional electric poles are needed to power your home.
  

Customer Listing Synopsis 
 

Experience the allure of Maui beachfront living in this stunning oceanfront residence that captures the essence of island sophistication. Perfectly positioned on the 6th floor of Wailea’s premier Hotel Zoned community, this beautifully appointed 2-bedroom, 2-bath condominium offers breathtaking panoramic views of the Pacific, Molokini, and Kaho‘olawe — where every sunset paints a masterpiece across the horizon.


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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

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