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

Issue 1195 | February 24th, 2026

Aloha ,

In this newsletter:

Manawai Oceanfront Estate

408784-1e4f195d-99a8-49de-a44c-e98724ad12d0

400 Mehana Rd
Haiku

$11.900M (FS)
 

Above a quarter mile of untouched North Shore coastline rises a rare opportunity to own one of Maui’s most extraordinary oceanfront estates. 400 Mehana Road commands sweeping 180 degree views of the Pacific from its elevated perch 275 feet above the sea. From sunrise to moonrise, panoramic ocean views create a constantly evolving backdrop to daily life. 

Listing Details 
Video Tour

 Maui Real Estate Update: Single-Family Median Prices Hit $1.4M

Aloha!
 

The Maui housing market is showing a unique split as we move further into 2026. According to the latest data from the Realtors Association of Maui (RAM), the median price for a single-family home surged to $1,445,000 in January—a notable 20.4% increase over last year. While these price points remain resilient, the condo market told a different story, with median prices dipping nearly 7% to approximately $630,000. This contrast highlights a complex landscape where high-end demand remains strong even as other sectors experience a shift in activity.

The pace of the market is also shifting significantly, with sales volume down across the board and single-family homes now spending a median of 186 days on the market—a 53% increase compared to last year. According to Georgie Tamayose, President of the Realtors Association of Maui, the market is currently in transition, characterized by increased inventory and longer wait times that are providing buyers with more room for thoughtful decisions despite the rising entry costs.

 

Mahalo Nui Loa,
 

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

The Smith Team

P.S. Four Seasons Resort Lānaʻi introduces zero-waste, resort filtered water bottling system

 

Market Watch

  Active Pending Sold Change
Homes 456 (402) 136 (103) 703 (516) -7
Condos 921 (346) 123 (40) 703 (205) +9
Land 206 (80) 19 (7) 154 (46) -3
Total 1583 (828) 278 (150) 1560 (767) -1

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 2026

Market Statistics

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

Bank-owned
Short sale



Homes Over $1M

408788-7b9c771d-318f-448c-9bd4-9d254788e7af

6 Kahope Pl 

Haiku

$1.049M (FS)

Welcome to this beautifully renovated single-story home featuring a spacious kitchen and living room designed for comfortable everyday living and effortless entertaining. Down the hallway are three bedrooms and a bathroom. A privately situated fourth bedroom featuring its own entrance, living space, wet bar, and bathroom offers a versatile extension of the home. 

Customer Listing Synopsis 
 

408825-a1fdfe0c-134b-4a4e-9d00-2aad693bba63

7 Luna Kia Pl 

Wailuku

$1.075M (FS)

This 3-bedroom, 2.5-bath home is located at the top of the Cottages at Kehalani subdivision, offering beautiful sunrise views over Haleakala and ocean view with refreshing trade winds from the North Shore. Situated at just before a quiet cul-de-sac, the property provides a peaceful and private setting.  The living room features ocean view with vaulted ceilings that open to the second floor, creating a seamless flow into the kitchen and dining area.
 

Customer Listing Synopsis 
Video Tour

407447-309d4037-2450-444a-86ad-71c4a2052937

24 Kau St

Kula

$1.190M (FS)

Set in the heart of the established Kula Kai neighborhood, this vintage 1973 home offers rare entry-level pricing in a community where current sales range from $1.280M to $1.8M —a genuine foothold into one of Upcountry’s most quietly coveted enclaves, rooted in the original Haleakala Ranch lands. Seller is offering a $20,000 buyers credit. With one road for access and egress, the neighborhood remains low traffic, walkable and peaceful. 

Customer Listing Synopsis 
Video Tour

408833-fcdbfa1c-6227-4d71-a65b-a1b2c23a280c

113 Lanakila Pl

Kihei

$1.495M (FS)

Single Level Main Home plus Detached Cottage in South Kihei. Close to the Ocean, Outside the Flood Zone. Two fully detached dwellings on one property, just minutes from Kihei’s beaches, dining, and everyday conveniences. Close enough to enjoy morning ocean strolls and sunset skies, yet positioned outside of the flood zone for added peace of mind.  

Customer Listing Synopsis 
 

408793-036cf5c4-9c60-4904-87ab-91f0971eba5d

68 Awaiku St

Lahaina

$1.725M (FS)

Tucked into the gentle slopes above the shoreline in Launiupoko Maui, this cottage has everything you need to enjoy your island lifestyle. Here, mornings begin with the soft glow of sunrise stretching over the Pacific and evenings close with the most gorgeous sunsets framed by the quiet beauty that defines life in Lahaina.
 

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 

408776-629180a9-2e54-4ba0-a567-2007022712f4

2003 KAHEKILI Hwy 
Wailuku

$800K (FS)

Spacious 5-bedroom, 3-bath single-level home offering 2,038 sq. ft. of living area on a generous 10,980 sq. ft. lot in desirable Waihee. Situated on an expansive lot with plenty of room to enjoy outdoor living — and no HOA! This property features a gas stove for the home chef and a newer electric water heater. A portion of the home was remodeled in 2014, including an upgraded kitchen, updated flooring, and fresh interior paint.


Customer Listing Synopsis

406177-a54d7d7d-20c4-461c-b727-cbf0ab0bfbe1

119 Kupalaiki Loop
Kihei

$850K (FS)

A brand-new roof on a single-family home in Kihei… for $850K. Yes, you read that right. This single-level layout offers easy living with no interior stairs, a practical floor plan, and a home that’s been genuinely cared for over the years. Thoughtful updates have already been made, while still giving you the freedom to put your own stamp on the space. 
 


Customer Listing Synopsis 
 

406177-a54d7d7d-20c4-461c-b727-cbf0ab0bfbe1 2209 Muliwai Dr

Wailuku

$897K (FS)

Discover a thoughtfully re-envisioned home in the heart of Wailuku, where modern comfort meets central convenience. Freshly rebuilt and redesigned in 2025, this single-level residence offers an ideal blend of style, function, and location—perfect for professionals seeking quick access to the State offices, medical facilities, and the vibrant Wailuku Business District. Step inside to an inviting open-concept layout that has been completely transformed with all-new finishes. 


Customer Listing Synopsis 
Video Tour

Vacation Condos Over $1M

408806-25bb4eeb-93de-4333-868c-2d8923859b70

Royal Mauian # 519
Kihei

$1.575M (FS)

Beautiful and fully remodeled end unit that sits south of the building with the benefit of natural light flowing from custom windows in every room. This is the greater square footage floor plan of approximately 864 sq ft, only 12 units offer this spacious 2-bedroom layout. Immaculately maintained with split system A/C, granite counter tops, custom cabinets, tile flooring, custom window coverings, new appliances and a chic beach vibe with contemporary birch paneling and accent lighting.  
 

Customer Listing Synopsis 
Video Tour

408831-4783b3f6-59ac-4a34-8897-d88b3c6d9d59 (1)

Wailea Elua I A # 704
Wailea

$3.500M (FS)

Finally, a top-floor unit at Elua Village with a garage. Enjoy the rare combination of a preferred floor plan, ocean view, expansive lanai, and a private garage that is just steps from the sugar white sands of Wailea's Ulua beach and the Elua Village beachfront pool and pavilion. Spacious and inviting, this quiet Wailea condominium home is roomy and relaxing; no upstairs neighbors with this 2-bedroom + 2 full bathroom ocean view condominium with convenient parking in your own garage.  
 

Customer Listing Synopsis 

408839-4f05c835-a3c8-4bb4-8046-c5d629345469

Hoolei # O-4
Wailea

$4.890M (FS)

E Komo Mai and welcome to Ho'olei 21-4, an elegant 3 bed, 3.5 bath townhome located in the heart of Wailea, Maui. This Hotel Zoned property boasts wonderful ocean views and is offered tastefully furnished, totally turnkey, and is active and successful in the Grand Wailea's exclusive vacation rental program. The Plumeria floor plan enjoys the widest lanai and forward most position of the building, enhancing privacy and extending the living area.  
 

Customer Listing Synopsis 

Vacation Condos Under $1M

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

Kalama Terrace # L-204
Kihei

$299K (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 
 

408795-608d672e-f2a6-41a1-acac-0a588c1abd71

Papakea Resort I II # D-204 
Napili

$475K (FS)

Lowest priced 1-bedroom ocean view condo at Papakea and move-in ready! Welcome to Papakea D204, a 1-bedroom, 1-bathroom second-floor unit located in one of West Maui’s most popular oceanfront condominium communities. This centrally located condo offers 614 square feet of living space and features brand-new luxury vinyl plank flooring and all new furnishings. Recently installed new stove and refrigerator.

 

Customer Listing Synopsis 
 

408826-3f283fb6-a742-4839-92f0-858571dd995b

Hale Kamaole # 126  
Kihei

$599K (FS)

Remodeled, Turnkey, and Priced to Sell! Unit 126 at Hale Kamaole is a rare find. This active vacation rental has been fully updated including rigid core flooring and comes completely furnished. Located directly across from Kamaole III, guests and owners love the prime location and resort amenities including two pools and tennis/pickleball courts. A premier South Maui investment offered at an aggressive price point. Act fast—this won’t last.

 

Customer Listing Synopsis 

408820-13bd1da6-7c61-43ce-897a-b0876a59b0fd

Maui Banyan # G210  
Kihei

$995K (FS)

Hotel Zoned Maui Banyan G-210 is an upgraded, turn-key 2-bedroom, 2-bath lock-off condominium in a highly desirable complex directly across from Kamaole Beach Park II in South Kihei. This flexible floor plan allows you to use the unit as a full 2-bedroom suite or as two separate rentals, creating strong income potential, while still offering an ideal personal getaway.

 

Customer Listing Synopsis 

Residential Condos Over $1M

408503-b058be35-69e5-4751-9ddc-aadf865107c1

Wailea Palms # 3608
Wailea

$1.150M (FS)

Beautifully appointed 1 bedroom, 2 bathroom residence condo offering an abundance of natural light and refined comfort. Located in the gated community of Wailea Palms, this 2nd level 1,032 sf condo features a spacious lanai showcasing breathtaking views of the ocean and the West Maui Mountains. Situated on the northwest side of the complex, providing enhanced privacy & tranquility. 

Customer Listing Synopsis 
Video Tour

407971-6db92575-5dd2-4aca-926c-4abb786b7bc3

Hokulani Golf Villas # 138
Kihei

$1.800M (FS)

Discover refined island living in this spacious 4-bedroom, 3-bathroom single-family home in the desirable Hokulani Golf Villas neighborhood. With 2,548 sq ft of well-designed interior space across two levels, this residence offers ample room for comfortable everyday living and entertaining, all while capturing stunning views of the tranquil community park, the Pacific Ocean and the West Maui Mountains 

Customer Listing Synopsis 
Video Tour

406843-46A889B1-B876-4B79-8934-B25F3B3BB5FE

Kai Malu # 43B
Wailea

$2.295M (FS)

Welcome to Kai Malu 43B, beautifully remodeled in 2024, this 3-bedroom, 2.5-bathroom home offers unparalleled privacy, a spacious outdoor area and breathtaking views of the ocean and outer islands. Step inside to discover an open-concept kitchen and living room, perfect for both entertaining and everyday living. Wide plank oak flooring graces the upper and lower levels, adding warmth and elegance throughout the home.

Customer Listing Synopsis 
Video Tour

406887-49e94174-0f1d-4fc4-bc76-ffe0b32a777e

Wailea Point I II III # 1404 
Wailea

$10.500M (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

408798-0bb09fc4-a35f-4576-8f42-3c0dbfbb7b03

Kihei Shores # F202     
Kihei

$395K (FS)

This 2-bedroom, 2-bathroom condominium at Kihei Shores is ideally situated within walking distance of Kamaole III Beach Park, offering both comfort and convenience in one of South Maui’s most desirable locations. The 719 sq. ft. interior features bamboo and tile flooring throughout, an updated kitchen with bamboo cabinetry and shelving, tile backsplash, and a skylight that enhances natural light.  
  

Customer Listing Synopsis 
 

407929-79f742b1-506c-41bb-9477-aa575fcb3218

Kihei Villages I # 9-104
Kihei

$450K (FS)

Welcome to Kihei Villages 9-104, a freshly updated 2-bedroom, 1.5-bath ground-floor condo offering 750 sq. ft. of comfortable living in North Kihei. This move-in-ready unit features fresh interior paint, updated wood cabinets, granite countertops, new faucets, and wood floors throughout, plus a new AC unit and the benefit of being on the cooler side of the building.

 

Customer Listing Synopsis 
 

408845-bb9daadb-f60b-44cf-b225-01b20745162b

Southpointe at Waiakoa # 4-206
Kihei

$499K (FS)

Beautifully updated 2 bed, 1.5 bath second-floor condo in Southpointe at Waiakoa, just moments from Sugar Beach. This 750 sq ft home features new flooring, fresh paint, upgraded kitchen cabinets, granite countertops, and stainless steel appliances. Enjoy 3 high efficiency split AC units, in-unit washer/dryer, and a private 70 sq ft covered lanai with peaceful tree views.
 

Customer Listing Synopsis

408782-4b219e05-6b8a-439d-a36a-0553a6da7321

Flats at Kamalani # 1004
Kihei

$500K (FS)

Discover the perfect blend of convenience and island charm in this well-appointed 2-bedroom, 2-bathroom condo. located in a private area facing a well established hedge and shaded walk way. Reserved parking is just a few steps from the front door, as well as guest parking. Fresh & Bright new coat of paint throughout, providing a clean and inviting atmosphere. The floors have been professionally cleaned and scraped, offering a "blank canvas" ready for your choice of luxury vinyl, tile, or Maui hardwoods. 
 

Customer Listing Synopsis

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

Haleakala Gardens # 12E
Kihei

$675K (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 
 

408789-E4E0A124-65EC-4E53-9512-88974800DEF5

Maui Parkshore # 212
Kihei

$689K (FS)

Welcome to Maui Parkshore 212, an oceanview 2-bedroom, 2-bathroom vacation rental directly across from Kamaole Beach Park III. This tastefully designed condo features a sleek kitchen, vinyl plank flooring, and spacious bedrooms and bathrooms, creating the perfect retreat after a day of island adventures.  
 

Customer Listing Synopsis 

Vacant Land

406946-ac1c51ea-9bc0-43ad-b9b6-8c579ccf2845

Hokiokio Pl 
Lahaina

$870K (FS)

Nestled within the prestigious gated community of Pu‘u Noa Estates in the highly desirable Launiupoko area of Lahaina, this property is truly one of a kind. While located behind the Pu‘u Noa gates, it is not part of the HOA, offering the rare benefit of privacy and flexibility without the full restrictions. Instead, the property enjoys secure gate and roadway access for a reduced fee of only $140 per month. 
  

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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