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 1046 March 21st, 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 
Condos (1)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

Wailea's Finest Oceanfront 

Wailea Beach Villas G-201

$10.995M (FS)

 How about a cup of coffee?


For those coffee lovers out there, there are only 3 places in the United States that grow coffee commercially, Hawaii, California, and Puerto Rico (US territory). A majority of people are well aware of our famous Kona coffee grown on the western coast of Hawaii’s Big Island, but we also have some lesser known local coffee farms here on Maui.


Maui’s Olinda Organic Farm located in the Upcountry area of Makawao is a family owned local farm that follows organic farming practices. They won 1st place several times for their Red Catuai in Hawaii Coffee Association Competition, including last year. This was a coveted honor that used to go to the Big Island.


MauiGrown Coffee is the grower of Kaanapali Estate Coffee located on a 500-acre estate in the West Maui area. They grow several varieties of Arabica coffee and are most famous for their Maui Mokka. You can visit their company store located above the Kaanapali Resort area. For more information, go to their website.


If you are interested in having a property on acreage, surrounded by coffee, there is the Kaanapali Coffee Farms subdivision. There are a couple of homes currently available that range in price from $5.985M on up. There are also some vacant lots for sale that you could build your dream home on. MauiGrown Coffee runs the operations for the coffee that surrounds you and owners enjoy rewards based on the sales of the coffee. Let us know if you are interested and want to learn more about this subdivision.


Have a wonderful week!

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. The Maui Ocean Center celebrates its 25th anniversary on Saturday, March 25th from 10 a.m. to 4 p.m. There will be a sidewalk sale, street performers, hula performances, live music, arts and crafts, puppet shows, face painting, and more. Bring your friends and family to celebrate this special occasion.
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Market Watch
259 (218)
117 (77)
927 (555)
210 (109)
231 (128)
1273 (430)
150 (79)
 33 (12)
223 (62)
619 (406)
381 (217)
2423 (1047)
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
February 2023

Homes Over $1M

 238 Pua Kalaunu 
238 Pua Kalaunu Loop
$1.194M (FS)
A brand new 164-single family home community. This home features a vaulted ceiling in the second-floor great room, oversized dual glazed vinyl windows, Corian Countertops, full kitchen appliance package, Washer & Dryer and many more upgrade features for your daily enjoyment. Located within close proximity to the community walking/bicycling path and parks.
3138 N Noho
3138 North Noho Loihi Way

$2.45M (FS)
This Wailea property is a dream home for those who love Hawaiian style living, and who enjoy ocean views and gorgeous sunsets. With a large great room, 4 bedrooms, 3 baths, and a pool, this property is perfect for both entertaining and relaxing experiences. While it may require some renovation work, the property is priced below all other Wailea homes.
90 Moana Ave
90 Moana Avenue

$2.495M (FS)
An awe-inspiring single family home boasting meticulously manicured landscaping, peaking ocean views and the largest & most desired floor plans in the neighborhood. All encompassing, this 2,534 SF modern residence features 4 bedrooms, 4 bathrooms, upper plus lower level lanais and an expansive, extremely well-manicured lawn with potential for a pool.
892 S Kihei
892 South Kihei Road
$7.2M (FS)
Exclusive beachfront property with a luxurious custom Hawaiian designed house and cottage. Permitted and ready to be built by Maui's top developer. The elegant contemporary home features two main suites, each with a floating corner that open up to make the rooms feel endless. 

Homes Under $1M

 161 Central Ave161 Central Avenue
$675K (FS)
Centrally located private residence with plenty of creative potential for the right buyer/investor. New roof, 3 bedroom, 2  bath floor plan, 2 car garage. 
23 Hoomoku Loop
23 Hoomoku Loop
$789K (FS)
This move in ready single level home has 4 bedrooms and 2.5 baths great for first time homebuyers or investors. The main house is 3 bedrooms and 1.5 bathroom. There is a separate entrance to the studio with 1 full bath. Live in one and rent the other. 13 PV leased panels are paid off and includes solar water heater. Roof only 5 years old. Carport has an extended driveway and there is street parking available. 
340 Kiele St
340 Kiele Street
$898K (FS)
This charming home features tall ceilings, a spacious kitchen with granite counter tops, new wood Shaker styled cabinetry, and beautiful views. Upstairs, the home has two nicely-sized bedrooms and a full bathroom. Downstairs there is a second living room, bedroom and bathroom. This large lot has room to expand. There is a shed as well as storage under the home. Enjoy the cool and breezy back yard.  
1524 Lower
1524 Lower Kimo Drive
$999K (FS)
This cozy Upcountry property is adorned with plethora of mature landscaping including amazing avocados, perfect peaches, fantastic figs, lush loquats, and a bevy of guavas. Roam through the hibiscus, ginger, bamboo, and orchids of this peaceful estate. The free standing garage and storage centers are a definite plus for those looking for more.

Vacation Condos Over $1M

Menehune Shores
Menehune Shores 427
$1.395M (FS)
Elegantly appointed remodeled 2 bedroom 2 bath unit located on the 4th floor with awesome ocean views. Stunning end-unit with integrated air conditioning with nearly 900 square feet of relaxing living space. Fully equipped kitchen with washer and dryer in unit. Complex has a great rooftop deck with amazing sunset and ocean views.
Honua Kai
Honua Kai - Hoku Lani 241
$2.975M (FS)
Gorgeous views from the living room or the airy lanai, where you are sure to capture exquisite sunsets with loved ones on any given afternoon. This two bedroom, two bath condo includes a fully equipped kitchen, washer/dryer, well appointed furnishings. It's superb location allows one to avoid elevators to/from the lobby, the pool or dining with ease.
Wailea Elua
Wailea Elua B-406
$3.55M (FS)
Enjoy the breathtaking ocean & sunset views from this meticulously maintained home. Unit was renovated in 2014 with a multitude of upgrades and a new washer & dryer just recently installed. Pride of ownership boasts throughout the unit. Don’t let this opportunity pass you by to own a piece of paradise in one of Maui’s highly sought after premier resort properties.

Vacation Condos Under $1M

Waipuilani 305

$575K (FS)
This one-bedroom, furnished condo sits on the third floor, allowing the ocean breeze to flow freely through the floor-to-ceiling windows lining the main living space. The main living space and kitchen are adjoined, giving it an additional spacious feel. The full-sized bathroom is accessible through the hallway and the bedroom. Equipped with all new stainless steel appliances, cooking and entertaining will be on the menu.
Kihei Kai Nani
Kihei Kai Nani 211
$759K (FS)
This beautiful 1 bed 1 bath, 621 sf. vacation rental has recently been remodeled. Upgrades include a spacious new kitchen, modern appliances, a ceramic sealed cooktop with oven, microwave, upgraded bathroom and new flooring inside the unit and lanai. The unit comes with 2 new AC split systems in living room and bedroom. 
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. 

Residential Condos Over $1M

Ke Alii Ocean Villas H-104
$1.399M (FS)
This home boasts 2 bedrooms and 2 full baths and a 280 Sq Ft covered lanai. Spacious kitchen with granite counter tops, ample storage, and a breakfast bar. Additional features include private entrance, indoor laundry, one car garage, reserved parking spot. When the sun goes down and the night begins you can enjoy the gorgeous sunsets from your private lanai.
Kai Malu
Kai Malu 73-B
$2.995M (FS)
Fully renovated in 2021, the residence boasts impressive sweeping ocean views from every North & West facing window in the home. To the East, one can enjoy the stunning scenery of Mount Haleakala and the green-grass fairways of the Wailea Blue Golf Course. Defined by its perfect blend of modern tropical allure and wood accent, this high-end.

Residential Condos Under $1M

  Puuone Towers and Plaza
Puuone Towers and Plaza 210

$429K (FS)
Come see the beautiful 757 square foot 2 bedroom 1.5 bath, 2nd floor unit. This unit has a newly remolded kitchen, stone counter tops, stainless steel flat top stove, microwave, ceiling fans, mirror closet doors, washer/dryer, pet friendly, swimming pool, 2 elevators, 1 designated parking stall #20 with extra stalls to park.

Customer Listing Synopsis

85 Walaka Street
85 Walaka Street 106
$448K (FS)
Lowest priced 1 bedroom 1 bath unit in South Kihei, low rise 11 unit complex with low monthly maintenance fee $330.00. Walking distance to Charlie Young Beach and The Cove, both perfect for paddle boarding, surfing, sunbathing, and relaxing on the beach and to watch the Maui sunset. Close by restaurants, coffee shops, and grocery stores. 
3580 Kalua Pl
3580 Kalua Place
$499K (FS)
Take a step back to simpler times in this Makawao home. When your neighbors were family and summer days were spent in the garden tending to your orchid & anthurium flowers. Community is key to this home, located on a close knit one lane road and just a leisure stroll to Historic Makawao Town. If you’ve spent any time in Makawao, you would know the weather here is a wonderful mix of sunshine.
Kihei Villages
Kihei Villages 13-104
$588K (FS)
Nicely appointed ground floor unit near large tree for shade. This unit has two bedrooms and two bathrooms with shower in second bathroom. There is one parking stall and nice private yard. Pets are allowed in this complex. Unit is currently tenant occupied on a fixed lease ending 11/30/23. Great tenants would love to stay.
Pohailani Maui
Pohailani Maui 152
$649.9K (FS)
This 2 bedroom, 1 bathroom unit features remodeled kitchen, appliances, bathroom, flooring and is in excellent move-in-ready condition. Unit 152 is ideally situation near one of the 2 pools and BBQs, well-manicured, lush landscaping, and is a short distance to the oceanfront BBQ area with ocean access. There are many close-by amenities including restaurants, shopping, gym, proximity to public ocean access. 

Vacant Land

511 Kualau Street

$560K (FS)
Build your dream home. Gentle East facing slope with Central Valley, mountain and ocean views. Enjoy the cool temperatures and convenient location, near shopping, schools, hospitals, medical facilities, downtown Wailuku. Buyer to participate in Seller's 1031 Tax Deferred Exchange at no cost to buyer.
100 Aina Mahiai
100 Aina Mahiai Street Lot 51
$1.55M (FS)
Owners are allowed to build a primary dwelling of 3,000-15,000 square feet with attached garage, accessory dwelling, and accessory structure on this parcel of 7.855 acres and a building site of 47,155 square feet. The remainder of the property is cultivated in coffee under a unique farming relationship.
517 Oka Kope Dr
517 Oka Kope Drive Lot 3

$1.897M (FS)
Great opportunity for building your plantation-style dream home in the heart of Kaanapali. Enjoy ultimate privacy surrounded by your 5 acre lot with sweeping ocean views and majestic sunsets! The Kaanapali Coffee Farms are the only property in Kaanapali offering this size lots. 

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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