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 1042 February 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 
Homes (1)
Condos (2)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

Beachfront Villa 

Wailea Beach Villas B-101

$14.99M (FS)

Elusive Wailea Elua


Everyone loves a bright, shiny and newly constructed condo, but to remain desirable and sought after years, even decades, later is truly a rare and special thing. The condos at Wailea Elua Village have stood the test of time and are a rare and elusive find. 


These lovely condos offer some of the best beachfront living experiences of any property in Wailea. Beloved by local residents, owners and vacationing visitors for its beautiful beach, lush grounds and resort-like amenities. It’s an oldie, but goodie and offers direct access to world class snorkeling and scuba diving from Ulua beach. To learn more, check out our blog.


New to the market, is Elua unit #1201, a one bed/one bath, 891 sq. ft. condo listed at $2.895M. This beachfront unit has beautiful ocean views! Reach out to the Smith Team for further information, but don’t wait too long, lest you miss your chance to own at Elua.

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. Check out this Hawaii Magazine article about the $100M renovation that took place at the Ritz Carlton in Kapalua.
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Market Watch
272 (225)
114 (71)
960 (575)
216 (109)
236 (127)
1346 (457)
142 (75)
 32 (12)
240 (69)
630 (409)
382 (210)
2546 (1101)
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

 484 Kaiwahine 
484 Kaiwahine Street
$1.175M (FS)
Great spacious home with all the trimmings. high vaulted ceilings, large living room, large bedrooms, office, formal dining area, laundry room, nice entertaining decks, mature landscaping. Attached 1 bedroom 2 full baths two story Ohana/Next Gen with 14 feet vaulted ceilings huge bedroom area with 2 full bathrooms and big walk-in closet.
22 Laumakani Loop
22 Laumakani Loop

$1.2M (FS)
This home is just a stone's throw from the beach, schools, grocery stores, and parks, offering the best of both worlds in terms of location and convenience. This fully fenced-in property backs up to the private neighborhood park, extending your green space for further enjoyment and convenient access from your own personal gate.
321 Maika St
321 Maika Street

$1.975M (FS)
This immaculately presented property at 321 Maika St boasts 5 bedrooms, 3 bathrooms, and over 2,400 square feet of interior living space. As soon as you step inside, you'll be greeted by the warm and inviting atmosphere of the home's interior. The main living area is open and airy, with vaulted ceilings and large windows that offer breathtaking views of the surrounding lush greenery.
356 Kualono
356 Kualono Place
$3.5M (FS)
A modern masterpiece with sweeping ocean views, this 3,900 SF two-story home offers 4 bedrooms, and 4 full and 1 half-bathroom. As you enter the home, you’re immediately captivated by the beautifully laid out open concept floor plan featuring an expansive Great Room and state-of-the-art Viking kitchen equipped with a wine cabinet, built in warmers and double deck oven, an entertainer’s dream.

Homes Under $1M

 663 linekona663 Linekona Place
$625K (FS)
This is the first time this home has been on the market, its 3 bedroom 1 bath charming home. With a spacious kitchen, a big yard, huge bathroom, and garage area perfect for storing surfboards or fishing gear. If you've been looking for that great opportunity in central Maui, this could be the place for you.
12 Kainani St
12 Kainani Street
$900K (FS)
Single story, 3 bedroom, 2 bath home on a large, level 10,000 sf lot. Lot size larger than most of the newer neighborhood lots. New carpet and vinyl flooring. Conveniently located across the street from Baldwin High School with Safeway right next door. Enjoy the convenience of central Maui living in this desirable and well established neighborhood.
115 Oluea Cir
115 Oluea Circle
$919K (FS)
Well-kept, move-in ready. Pride of ownership shows. Located a few blocks from the ocean, 115 Oluea Circle boasts a spacious living room, formal dining room, two bedrooms and two baths. Central air conditioning (including new air compressor still under warranty) & solar water heater, and owned PV system will keep your electric bills low. 

Vacation Condos Over $1M

Whaler 269

$1.425M (FS)
This second floor 1 Bedroom 2 Bath unit at the Whaler offers nice oceans, easy access to the beach, pool, and BBQ's. The unit also features a lock off owners closet, granite counter tops in the kitchen and spacious lanai. Picture yourself living beachfront on one of the top beaches in the world. 

Customer Listing Synopsis

Video/Virtual Tour

Hololani A-103

$1.45M (FS)
This beautiful one of a kind floor plan features 2 bedroom, 2 bath with 1,168 square feet of luxury living space. This is one of the largest units in the complex and offers unique privacy along with breathtaking ocean views from its partially enclosed lanai. No expense was spared on the recent remodel in 2018. 
Wailea Elua
Wailea Elua A-1201
$2.895M (FS)
Prominently situated in one of Wailea’s most highly-desired resort style complexes, this timeless, ground-floor residence boasts awe-inspiring ocean views, beachy-chic open-concept interiors, and unrivaled access to all that South Maui has to offer. Defined by the perfect blend of tropical allure and modern luxury.

Vacation Condos Under $1M

Kihei Bay Surf
Kihei Bay Surf B-215

$515K (FS)
Well priced for an attractive vacation rental in Kihei. Beach park is across the street. Has tennis courts, pool, Jacuzzi, laundry room, BBQ. Electricity is included in maintenance fees. Comes fully furnished. Split system air conditioning.
  Royal Kahana 513
$875K (FS)
Beautifully situated spacious one bedroom residence with a desirable southwest exposure and incredible ocean views. The fifth floor location offers privacy and the floor plan features a gracious ocean view bedroom suite. The owners have made upgrades including new luxury vinyl flooring throughout, giving it a contemporary feel.
Papakea Resort B-102
$925K (FS)
Great oceanfront resort. Papakea is known for its lush grounds, and many amenities such as swimming pools, BBQs, Jacuzzis, putting greens and great location between Lahaina and Kapalua. Convenient to shopping, dining and all the great vacation activities that Maui has to offer.

Residential Condos Over $1M

Vintage at Kaanapali
Vintage at Kaanapali 64
$1.95M (FS)
This spectacular, single level home is now available for your personal ownership. Located within the serene, gated community of the Vintage at Ka’anapali, Residence is a spacious private home offering three bedrooms, three baths and a two-car garage.
Kanani Wailea
Kanani Wailea 23
$2.1M (FS)
A luxurious gated community consisting of 38 freestanding residential condo homes. Is a 3 bedroom 2.5 bath 2-story steel framed residence featuring Monier tile roof, exterior stone veneer accents and a Hawaiian Craftsman style design which can be found within a private culdesac of the community. 

Residential Condos Under $1M

  Maui Lani Terraces
Maui Lani Terraces G-207

$449K (FS)
Great Opportunity to own a fee simple ocean view condo in Lahaina Maui! This complex has an in-ground pool, workout room and BBQ areas. HOA/Maintenance fees include water, sewer, garbage, exterior maintenance/insurance, internet, and cable. Walkable to the beach, parks, shopping and restaurants.

Customer Listing Synopsis

Southpointe at Waiakoa 7-201
$525K (FS)
This is the unit you have been waiting for at Southpointe. Expansive open mountain views with large lanai for outdoor enjoyment. The open kitchen leads to a stylish living room. The kitchen has a new dishwasher and has been nicely finished. The bathrooms are remodeled with new tile, country style barnyard cabinets.
Kihei Shores
Kihei Shores C-105
$550K (FS)
Beautiful garden atmosphere from the elevated lanai. While this unit is clean and move-in ready, a little TLC would really make it shine! Kihei Shores is one of Maui's best kept secrets. In addition to the in-ground pool and jacuzzi, Kihei Shores on-site amenities also include kayak and paddleboard storage, barbecue area, car washing station, and plenty of guest parking. 
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

487 Haniu Street

$12.9M (FS)
A rare offering of a 75 acre property overlooking the ocean in Launiupoko. Located just outside the town of Lahaina, this stunning property would make an amazing family compound or ranch. The property consists of three 25 acre parcels and per current County zoning, can have six homes and multiple barns and agricultural structures.

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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