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Issue 1095 March 26th, 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 
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

Pristine Shores of Keawakapu Beach 
3002 South Kihei Road 
$18M (FS)

Expert: Settlement with Realtors Could be a Big Win for Homebuyers — and Sellers

HONOLULU (HawaiiNewsNow) - A landmark $418 million settlement with the National Association of Realtors will change the way people buy and sell homes. Consumer advocates say it will create more transparency in the home buying process and improve the way Realtors disclose their commission to the home buyer.

“While this settlement may change some ways we do business, our commitment to support our members and serve as housing advocates, good neighbors and community builders remain,” Honolulu Board of Realtors CEO Suzanne Young said, in a statement released shortly after the settlement became public.

“Nearly 90% of home buyers and sellers choose to work with a Realtor and we’re confident consumers will continue to see the value in working with an agent to guide them.”

Under the terms of the settlement, sellers would pay smaller commissions and could keep more of the proceeds from sales. Home buyers would have more of a say in how much their agents are paid.

“Sometimes you sit down with a client on a listing appointment, and they go through the whole process and they understand things a bit more transparent and allow for more negotiation. That is where I think the big change is going to come and I think it’s a good thing,” said Bill Ward, a Realtor on the North Shore.

The National Association of Realtors also agreed to make a rule that would require MLS agents or any other parties working with a homebuyer to enter into a legal agreement with them.

The settlement is expected to be signed by a judge sometime in July.

Mahalo Nui Loa,

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

The Smith Team

P.S. Celebrating Prince Jonah Kuhio Holiday.
Prince Jonah Kuhio
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Market Watch
264 (230)
131 (91)
754 (502)
472 (255)
160 (87)
992 (367)
163 (81)
 29 (3)
175 (79)
899 (566)
320 (181)
1921 (948)
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 2024
February 2024

Homes Over $1M

33 Maunaleo
33 Maunaleo Street
$1.1M (FS)
This stunning 3 bedroom, 2.5 bathroom residence offers a perfect blend of luxury, convenience, and breathtaking views, move in ready, immaculate condition, and pride of ownership show throughout. Live in the cooler, fresh air of this year popular hillside master-planned community in Wailuku. You'll feel so at home from the moment you walk into this well-maintained two-level house with an enclosed backyard.
  287 palanehe  
287 Palanehe Street
$1.299M (FS)
Terrific value, complete remodel of exterior and new paint to this two-story home with ocean and outer island views. Upstairs are 3 bedroom and 2 bathroom, and downstairs are separate living quarters, a mother in-law and an ohana set up. A fencend yard offers great privacy on a good sized lot. This will sell fast. It is one of the lowest-priced home in South Maui with great potential.
199 east ikea
199 East Ikea Moku Place
$2.998M (FS)
This home is in immaculate condition. Upon entering, you will find beautiful perimeter tiled walls and floors with travertine chair rails and an open oval ceiling, affording an abundance of natural light. You may choose the elevator to access the upper levels or the gracious stairway. At the top of the stairs, a south-facing custom circular window enhances the den area.
148 Awalau
148 Awalau Road
$3.8M (FS)
Majectic describe this 64-acre estate with stunning ocean, Haleakala, West Maui Mountains, and Molokai views, featuring 2 large homes with 4 additional buildings, including a 6-car carport, 2 car garage, farm building, and workshop. The gated, private, paved 1-mile drive winds through open pastureland.
75 East huapala
75 East Huapala Place
$3.999M (FS)
Embracing luxury and tranquility with its breathtaking, year-round sunsets and expansive 180 degree vistas of the Pacific Ocean and outer islands. The estate is a masterpiece of design and craftsmanship, featuring a single-level main residence alongside a charming accessory barn dwelling, all set within over an acre of meticulously landscaped, terraced gardens.
62 Opalipali
62 Opalipali Place
$5.995M (FS)
Stunning 5.5-acre property in the Kula Meadows gated community, featuring a newly constructed 4 bedroom, 3 bath primary residence with detached dual door garage. A 2 bed, 2 bath cottage, and big bi-coastal views with ample outdoor entertaining space. Both the primary home and cottage are fully fenced with separate gated driveways.  

Homes Under $1M

43 pua ina
43 Pua Ina Place 
$850K (FS)
Great Family home on private cul-de-sac road. Property abuts an open pasture to the rear for extra privacy (only two neighbors). Close to Makawao for shopping and dining. Schools are nearby.
140 Hoomoku Street
$900K (FS)
Welcome to this stunningly remodeled property, a unique blend of style and verslity. This gem features a flexible layout currently set as a 2 bedroom, 1 bath main house with an attached 1 bedroom, 1 bathroom ohana unit with separate entrances, perfect for guests or rental opportunities. The heart of the home, the kitchen, showcases new countertops that complement the sleek, luxury vinyl plank and tiled flooring found throughout. 
1151 nakui street
1151 Nakui Street
$949.9K (FS)
Steps from Makawao Town, the location is excellent. This home would make a great primary residence or rental investment property. If you like to garden, this is the perfect climate. 

Vacation Condos Over $1M

Kamaole Sands 5205
$1.325M (FS)
Boasting a 2 bedroom, 2 bathroom layout on the same level, complete with the convenience of two parking stalls. This unit is a haven of tranquility, featuring a lanai that not only overlooks the verdant tropical garden but also offers glimpse of the ocean's expanse. The interior exudes a sense of openness and brightness, adorned with tasteful Hawaiian decor that enhances its airy/tropical ambiance.
Kapalua Golf Villas 22P3-4
$1.545M (FS)
Expansive panoramic ocean view from this large 2 bedroom, 2 bath Kapalua Golf Villa. Expanded dining area, extended kitchen with pantry, and induction cooktop. Newer A/C's were recently replaced. Sold mostly furnished. Enjoy the amenities of Kaplua: resort shuttle, great restaurants, open space, walking trails, and a world-class golf course. 
     Wailea Ekahi A-19
$2.645M (FS)
This rare 2 bedroom, 3 bathroom townhome-style floor plan is very unique within the Wailea Ekahi complex. Ocean views greet you from multiple locations within the condo. The downstairs lanai opens up to a large grassy area that feels secluded from the busier areas within the Ekahi complex, giving the condo a more private feel. Beautiful updates awaits you throughout this condo. 

Vacation Condos Under $1M

Paki Maui 213
$640K (FS)
Great opportunity to own a lovely remodeled condominium with an amazing oceanfront location. The resort amenities include a fenced pool and spa area. Enjoy barbequing oceanside, under a covered cabana. Upgrades consist of classic grey and white ceramic tile throughout, quartz counters, new cabinetry, and fixtures. Enjoy the mature, lush tropical foliage from your lanai, with the sounds of cascading water falling into a Koi fish pond.
maui vista
Maui Vista 3309
$759K (FS)
Amazing value, located in the heart of kihei, just across the street from the soft golden sands of the well-known Charley Young and Kamaole I beaches. This free-simple 1 bedroom, 1 bath successful short-term vacation rental condo is fully equipped and comfortably sleeps four people. The large lanai is a perfect spot to sip your morning coffee and listen to the birds while you plan your day's activities. 
Kauhale Makai 226
$799K (FS)
Enjoy gorgeous ocean view with easy beach and ocean access, just across the grass and dunes of Waipuilani Park. This updated North Kihei condo is turnkey and currently used as a short-term vacation rental. However, bookings have only been taking until June 2024, so the unit is open for occupancy if a new owner prefers to move in. 
Kaanapali Shores 741
$980K (FS)
This 1 bedroom 1 bath unit offers beautiful ocean views that will leave you in awe. Step inside to discover a spacious floor plan featuring granite counters, custom cabinets, and high-end furnishings that exude both comfort and sophistication. Convenience meets luxury with the inclusion of a washer and  dryer, ensuring your everyday needs are met with ease. 

Residential Condos Over $1M

wailea p
Wailea Palms 3507
$1.85M (FS)
Discover the epitome of refined island living in this meticulously maintained and tastefully remodeled 2 bedroom, 2 bathroom condominium nestled with the prestigious Wailea Palms community. Boasting a serene ambiance and modern amenities, this residence offers the perfect blend of comfort and sophistication, inviting you to indulge in the ultimate Maui lifestyle. 
Keala O Wailea 1-201
$2.995M (FS)
Exceptional 3/2 corner unit with arguably one of the most commanding ocean and outer island views found in Wailea for luxury residential condo living. For the discerning buyer who believes prime location is paramount, this condo's positioning and layout afford maximum privacy and pinnacle views within the complex overlooking the Wailea Blue, hole #4 water feature.

Residential Condos Under $1M

maui lani
Maui Lani Terraces F-305
$410K (FS)
Views of the mountains greet you as you enter this nicely remodeled unit on the top floor of the rear building at Maui Lani Terraces. All appliances were replaced when the unit was remodeled, along with new flooring, new paint, a new window system in the bedroom, and new bathroom tile, paint, shower surround, and sink. The nice-sized lanai area adds some extra living space off the living room.
  KiheiKihei Manor 206
$470K (FS)
This cozy 1 bedroom, 1 bathroom, second-floor pet-friendly condo nestled in the heart of Kihei is located within a short distance of Charlie Young Beach and Kalama Beach Park. Unit is close to schools, medical facilities, shopping, luxury spa resorts, world-class beaches, and world-class golf courses. If you're looking for something private, quiet, and close to the beache, this may be exactly what you're looking for.
Keonekai Villages 7201
$694K (FS)
Welcome to your dream home in paradise. Nestled in the heart of South Kihei, this stunning 2nd-level corner unit offers the ultimate blend of comfort, convenience, and coastal living. Boasting 2 bedrooms and 1.5 bathrooms, this meticulously maintained residence features modern amenities. 
Villas at Kenolio 6-M
$815K (FS)
A rare opportunity for a 3 bedroom condo on Maui. This private corner unit has been extensively remodeled to create a bright, open-concept living space, making it feel much larger. New quartz countertops top of the line appliances, including a Bosch 3 drawer dishwasher, and thoughtful finishing touches like treated shower glass, modern sliding barn doors.

Vacant Land

0 Brewer Road 
$675K (FS)
Vacant Residential Parcel in Makawao Town proper, newly-fenced, with County 5/8th inch water meter on site, adjacent to fire protection, fronting paved County-maintained Brewer Road. Huge mature avocado trees & other mature trees. 2 minute walk to morning hot coffee at some trendy intimate Makawao cafes, pastries, and diverse fine dining. Great residential rental property potential for the UpCountry working culture. 

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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