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Issue 1105 June 4th, 2024


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 (4)
Land (2)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

Hana Ranchhana
5670 Hana Highway

$75M (FS)

Governor Josh Green Signs Bills Related to Housing Across the State

Maui NewsKAHULUI–Governor Josh Green announced on Tuesday that the legislative session has unlocked more affordable housing across the state. In a ceremony at the Capitol, Governor Green underscored the collaborative efforts behind several significant bills aimed at addressing the state’s housing crisis.

“Housing has been and continues to be a top priority for my administration. This afternoon, I signed several bills that are aimed at tackling the severe housing shortage in our state,” said Governor Green. “It’s a pretty exceptional day when we can move the needle on unlocking more housing across the state through permitting reform and by increasing financing for more affordable projects.”

The Governor emphasized the importance of community involvement in shaping these legislative measures. “These bills represent the efforts of not only policymakers, departments, agencies, and stakeholders, but very importantly, the input of the community and so many who came out to testify on housing legislation.”

“We are finally doing something meaningful to make it easier for families, workers, and local people to live in Hawai’i and afford a place to call their own,” said U.S. Senator Brian Schatz, Chair of the U.S. Senate Appropriations Subcommittee on Transportation, Housing and Urban Development. “Hawai’i’s housing shortage took decades to build up because regulation is a one-way ratchet, so it’s not something that can be fixed in an instant. But for the first time in a while, I’m hopeful not just because of these bills, but because there is now a generation of lawmakers and other leaders that see this problem clearly and have the guts to do something about it.”

Mahalo Nui Loa,

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

The Smith Team

P.S. Pacific Whale Foundation hosts World Ocean Day ‘For Da Keiki’ on June 8.

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Market Watch
301 (259)
138 (100)
764 (527)
633 (318)
110 (51)
972 (386)
178 (84)
 29 (6)
184 (78)
1112 (661)
277 (157)
1920 (991)
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

1760 Malama Street
$1.39M (FS)
Affordable and well built two-story single-family house with legal Ohana on a large lot with potential accessory dwelling opportunity. The spacious 3 bedroom, 2.5 bathroom 1,625 sf main house has master bedrooms and bathrooms on the first and second floor, each with private entrances and lanais for a flexible living arrangement.
21 Meleinoa Place
$1.45M (FS)
This exquisite home offers the perfect blend of luxury and comfort. Located in one of Maui's most desired neighborhoods, this property ensures tranquility and exclusivety. All four bedrooms conveniently situated upstairs, providing beautiful ocean and mountain views, with two of the bedrooms featuring walk-in closets for ample storage. 
128 Kahana Ridge Drive
$1.699M (FS)
This 3 bedroom, 3 bathroom house offers a breathtaking view of the mountains and the ocean from the upstairs master bedroom. An existing lease must be honored through October 1, 2024 so ask your favorite Realtor for the details. The main level features the kitchen, living room, dining area, along with a guest bedroom with a full bath.
252 Halenani Place
$1.798M (FS)
Step into a 4-unit home in the Old Sandhills neighborhood, which is perfect for those with large extended families or as a rental investment. It has nine bedrooms, five bathrooms, a basement, a studio and an Ohana. The main house has 6 bedrooms and 3 bathrooms, a spacious lanai, and a wood deck ramp for handicap access.  
80 South Piki Place
$3M (FS)
This expansive over 4000 square foot home features an open floor plan with a grand entrance, large kitchen and exquisite finishes all around. All four bedrooms are ensuite and ample in size. Natural lighting floods the first floor, including a formal dining area, living area and media room perfect for movie or game nights. Upstairs is all about the views.
29 Hale Malia Place 

$7.85M (FS)
This family Hawaiian style estate has never before been offered for sale. With easy access to shops and restaurants, nothing else really compares. Sits high up on a solid lava embankment with easy access to the ocean and fantastic snorkeling, fishing and diving. This area is known to have a very large turtle population for hours of viewing enjoyment. 

Homes Under $1M

2224 Mokuhau Rd
2224 Mokuhau Road
$699K (FS)
This 4 bedroom, 3 bath fixer-upper in Wailuku Town is back on the market with approved Building Permits and Plans. This spacious home offers a generous layout and an expansive backyard, ready for your transformative touch. Sold as-is this property gives you the freedom to customize it to your liking.
357 Konahea
357 Konahea Street
$785K (FS)
Embrace the potential of this charming 3 bedroom 1.5 bath home located in Happy Valley, with a bonus room. With 7,967 total land sq.ft. this property offers an opportunity to build an additional dwelling or extension. Enclosed patio is perfect for entertaining guests or use for outdoor dining. Laundry area is located inside the home with lots of shelf space.
100 E Kuiaha
100 East Kuiaha Road
$895K (FS)
This ocean-view gem in Ha'iku is a tropical paradise waiting for your personal touch. Nestled amidst mature trees and lush foliage, this cozy home offers the perfect blend of tranquility and convenience in an enchanting setting. With just a five minute drive to the world renowned Ho'okipa Beach Park and the charming Ha'iku town.
75 Ainakula Rd
75 Ainakula Road 
$998.7K (FS)
Sweet and Charismatic this smaller 2 bedroom 1 bath 768sf custom home is super clean, recently upgraded and very charming! Surrounded by nearly 1 acre of prime Kula land offering modest ocean views, privacy, irrigated extensive manicured gardens perfect for growing edibles, along with many fruit producing trees, all well set back from the street. 

Vacation Condos Over $1M

Whaler 913
$1.39M (FS)
Experience the epitome of beachfront living at this gorgeous studio unit on Kaanapali Beach, offering exceptional ocean views from the spacious lanai and living areas. The unit features an updated bathroom complete with a walk-in shower and a large owners closet housing a washer and dryer for added convenience.
Palms at Wailea 1903
$1.735M (FS)
This 2 bedroom 2 bath, 1194 s.f., living & airy ground floor unit was tastefully remodeled in October 2019 and includes a spacious 473 s.f. covered lanai affording that seamless indoor/outdoor living lifestyle. Upon entering, your eyes are immediately drawn across the great room to the sliding glass  walls and windows.
Wailea Ekolu 510
$2.3M (FS)
This is rare  split-level, townhouse offering, spanning 1489 square feet and featuring Molokini and Kaho'olawe views. A thriving vacation rental that has averaged around 80% accupancy for years, feature two secured entrances and panoramic views spanning Makena and Molokini, to the West Maui Mountains from the lanai and unit interior.   
Wailea Beach Villas
Wailea Beach Villas 404
$5.498M (FS)
This exquisite 2 bedroom, 2 bathroom plus den penthouse is nestled along the golden sands of Wailea Beach on the beautiful shores of South Maui. With direct beach access just steps away, this villa welcomes you to indulge in daily beach walks, witness captivating sunsets, or simply unwind to the soothing sounds of the therapeutic waves.

Vacation Condos Under $1M

Kihei Bay Surf
Kihei Bay Surf A-208
$565K (FS)
This second floor nicely updated studio is just steps from some of South Maui's best beaches. This condo has a peek-a-boo ocean view from the living room and lanai. Great spot for picnics, swimming, and viewing  sea turtles and seasonal whales. This condo comes fully furnished and is currently a successful vacation rental or could be a move-in-ready condo.
 Kihei Garden Estates 
Kihei Garden Estates 103-E
$675K (FS)
This charming 1 bedroom vacation condo, nestled in a lush garden setting, offers the perfect retreat for relaxation and adventure. Recently updated and fully furnished in chic boho style, this ground floor unit exudes a warm and inviting atmosphere.  Featuring a vibrant unique decor, and comfortable furnishings, creating a cozy yet stylish ambiance. 
Kaanapali Shores
Kaanapali Shores 432
$745K (FS)
Kaanapali Shores is arguably the best value on a studio at a destination resort on Maui. As vacation rentals studios typically have the highest occupancy of any category. Budget minded travelers, especially couples, know that studios are the usually offer the best value. And this unit has everything you or a guest could want in a quality condo at a beachfront resort.

Residential Condos Over $1M

Cottages at Kulamalu
Cottage at Kulamalu 3
$1.115M (FS)
This lovely, stand alone and move in ready home in The Cottages at Kulamalu offers an open concept and flexible floor plan with travertine tile throughout the ground floor, extending out to the patio as well. You'll enjoy this beautiful and well appointed kitchen which boasts granite counters, eat in bar top that seats 4, along with a dedicated dining area. 

Vintage at Kaanapali
Vintage at Kaanapali 32
$2.228M (FS)
Here is an excellent opportunity to own a free-standing condominium with a two-car garage within the "pet-friendly" gated community of the Vintage at Kaanapali. From the moment you open the door you will see firsthand this beautifully remodeled three bedroom, two and a half bath, 1799 square foot property. Remodeled with no detail overlooked or spared. 

Residential Condos Under $1M

Kihei Villages
Kihei Villages 4-202
$549K (FS)
Don't miss out on the chance to own this fantastic fee-simple 2 bedroom, 1.5 bathrooms, 2 parking stalls, in-unit laundry, wall-mounted indoor unit efficient, quiet, split A/C, and a fully covered lanai condo in Kihei Villages. This condo offers both comfort and convenience. Situated near Kenolio Park, the Farmer's Market.
Keonekai Villages
Keonekai Villages 7201

$659K (FS)
This stunning 2nd level corner unit at Keonekai Villages offers the ultimate blend of comfort, convenience, and coastal living. Boasting 2 bedrooms and 1.5 bathrooms, this meticulously maintained residence features modern amenities including in-unit laundry, 2 parking stalls, (1 covered, 1 uncovered), and a large covered lanai perfect for your everyday convenience.
Kihei Shores
Kihei Shores E-301
$799K (FS)
Rarely does a 3 bedroom, 2 bathroom unit become available in Kihei Shores, and this fully furnished haven is a true gem. With 1,035 square feet of interior living space, this unit offers ample room for comfortable living. From the moment you step inside, it's evident that the owners have poured meticulous care and attention into every detail, creating a space that exudes beauty and comfort. 
Kalama Ka
Kalama Kai 310
$915K (FS)
This 3 bedroom 2 bathroom corner unit on the third floor gives you ocean views from the master bedroom, living room, and balcony. You can start your day checking the surf at the Cove, watching for whales during whale season, or just taking in the views of swaying palm trees in front of the ocean all right outside your window. Then end your day watching Maui's incredible sunsets from your lanai.

Vacant Land

165 Welau Way Lot
165 Welau Way Lot A-9
$679K (FS)
This Pacific Ocean and West Maui Mountain view lot is ready to be built on with plans and permits near ready to be approved. The level ground topography makes this parcel shovel ready. The home site and plans allow for a large 4,500 sqft residence up to two stories including ample landscaping and full-size pool and spa. The parcel is approximately 10,574 square feet. 

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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