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Aloha
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In this newsletter:
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An Oceanfront Compound
in Makena
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Market Update
Median Price and Inventory Increases for Condos
A significant jump in both new listings of condos and the median price occurred in August. When compared with August of 2019, there is a 97% increase in the number of new listings. All the new inventory has driven the median price for condos up 18.9% to $591,000. As it stands right now there are 757 active condo listings on Maui.
2 New Affordable Housing Projects Approved
The Maui County Council has approved 2 affordable housing projects that will be constructed in Kihei. The first project is called the Liloa Hale Senior Rental Housing Project and will be comprised of a three-story apartment building containing 117 units. The second project is a 3 acre affordable housing complex called Hale Kaiola which will contain 40 units built in a duplex style. The Maui County Council unanimously approved both projects because the demand for affordable housing on Maui is incredibly high.
National Preparedness Month
During the month of September, Hawaii residents are encouraged to acknowledge the potential for natural disasters and other threats as well as develop a plan to protect themselves and their families as part of National Preparedness Month. The theme of the 2020 National Preparedness Month is “Disasters Don’t Wait, Make Your Plan Today. You can visit this link to see the schedule for National Preparedness Month and what topics will be covered to help get you prepared for a number of different scenarios.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. Supporting Local Businesses
Poi By The Pound
It’s sad to say goodbye to any beloved local restaurant, and since the COVID-19 pandemic began in March we have had to say goodbye to several that had been open for years and served the Maui community diligently with delicious food. Poi By The Pound is known for their mouthwatering local cuisine and have a loyal following in the Maui community, but even so they have seen their business decrease month over month to the point where they will have to close their doors indefinitely. Originally they had planned to close this coming Friday, but thanks to the requests of their customers and even their landlord they have decided to stay open for an additional 2 weeks. Be sure to visit their Kahului location for some fantastic food over the next 2 weeks and show them some support!
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Active
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Pending
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Sold
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Change
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Homes
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329 (214)
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209 (56)
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1039 (283)
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-10 |
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Condos
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760 (183)
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192 (32)
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1330 (243)
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-1 |
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Land
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258 (76)
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66 (23)
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157 (18)
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-4 |
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Total
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1347 (473)
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467 (111)
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2526 (544)
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-15 |
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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 number of active listings from the previous week.
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Homes Over $1M
 951 Kokomo Rd
Haiku
$1,149,000 (FS) |
This lovely 3 bed, 3 bath home and 2 bed, 1 bath ohana are in a great location on the dry side of Haiku, all within easy walking distance to the restaurants and shops at the Haiku Marketplace. The main house has been pleasantly renovated and features a large master suite with a large spa-like en-suite bathroom and a walk-in closet.
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55 Alahele Pl
Kihei
$1,649,000 (FS)
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Located in the heart of Kihei, 55 Alahele Pl. is only steps away from Kihei’s most popular beaches, restaurants, shops and the renowned Kalama Village. This exceptional island-style property boasts two fully furnished homes and a cottage nestled on a rare nearly half acre of land, all equipped with their own pools, PV system, Tesla batteries and backyard oasis’ – a true entertainer’s dream.
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114 Ahekolo St
Kihei
$1,649,500 (FS)
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A gorgeous, renovated two-story 3 bed, 4 bath home located on the border of Wailea in the desirable Kilohana Ridge across from the world-renowned Keawakapu Beach offering over a mile of white sand and turquoise water where you can enjoy Maui sunsets, paddle boarding, and snorkeling with the turtles. This luxurious home offers the most unique floorplan in Kilohana Ridge featuring a spacious kitchen with top-of-the line appliances.
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525 Hana Hwy
Paia
$8.25M (FS)
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An incredible North shore oceanfront retreat. Four structures on a 15,000 sf. lot, three homes, and a three-car garage with laundry and an office. Perched off Hana Hwy between Paia and Kuau, sits a charming oceanfront and poolside haven. Three homes, separately, privately, and masterfully appointed all with their own beautiful ocean views.
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Homes Under $1M
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70 Aliilani Pl
Kihei
$524,900 (FS)
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Bank Owned - Huge potential awaits the handy person looking for a fixer-upper. Get it ready for a rental, or fix it up to live in it, this house is ready for the buyer to decide how much to do to the home. Located on a quiet cul-de-sac across the street from the North Kihei resort condo complexes, this home is just minutes from shopping, restaurants, and other conveniences.
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1448 Keilio Pl
Wailuku
$525K (FS)
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This 3 bed, 1 bath property sits on an 8455 sf. lot. Enjoy views of the West Maui moutains. The large yard is perfectly situated to build 1 and possibly a 2nd Ohana. Sold As Is. No repairs shall be made. This is the lowest priced 3 bedroom in all of Wailuku.
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71 Pamakani Pl
Makawao
$595K (FS)
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Located right in the heart of Makawao, just off Makawao Avenue. Enjoy the quiet, coolness, and space. This lot has one main house with 3 beds and 1.5 baths. The concrete frame goes all the way to the ground creating a hidden area that protects the post and pier foundation.
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Vacation Condos Over $1M
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Wailea Ekahi II #18F
Wailea
$1,049,000 (FS)
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A front row, ocean view, recently remodeled & fully furnished coastal modern unit offering all the comforts of home in the prestigious resort community of Wailea! This stunning 1 bed, 2 bath unit at the beachfront complex of Wailea Ekahi Village offers the Maui lifestyle with direct access to one of the States most desirable beaches, Keawakapu Beach.
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Kaanapali Alii #214
Kaanapali
$1,175,000 (FS)
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This is an excellent opportunity to become an owner at the Kaanapali Alii, Maui’s premier beach front condominium complex at a very attractive price. Alii 214 was a spacious and beautifully remodeled 1 bed, 2 bath with a den. Then in a brilliant re-design the den was converted into a second sleeping area offering total privacy from the living room to create a wonderful 2 bed floor plan.
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Wailea Point I II III #3401
Wailea
$1,495,000 (FS)
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As with all Wailea Point units, 3401 has ocean views and is located in what is probably THE most private location at Wailea Point next to the herb and fruit gardens. 3401 has recently been refurbished with high-end carpeting and unique furnishings that provide a level of comfort residents of this prized development expect. Enjoy 2 bed, 2 baths and a very generous 518 sf lanai.
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Vacation Condos Under $1M
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Koa Resort #1B
Kihei
$479K (FS)
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A rarely available 1 bed, 1 bath vacation rental unit at Koa Resort now on the market! This one of the largest 1 bed units in Kihei, boosting 750 sf. of living space, which is larger than some 2 bed, 2 bath units in South Maui, plus a 164 sf. lanai that opens up to the beautifully manicured grounds and the resort style pool & Jacuzzi. Koa Resort is a low density complex with only 54 units and offers great amenities.
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Kamaole Sands #8-101
Kihei
$499K (FS)
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A gorgeous, newly renovated 1 bed, 2 bath ground floor unit at Kamaole Sands located in South Kihei. This unit has an open kitchen and living room concept with laminate flooring throughout, updated kitchen with maple cabinets, tiled shower in the bathroom, washer/dryer in unit, and air conditioning. It comes turn key and fully furnished with a fully equipped kitchen, queen sofa sleeper in the living room, and a king sized bed in the bedroom.
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Shores of Maui #206
Kihei
$765K (FS)
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If you’re seeking a large 3 bed, 2 bath vacation-rental condo in the heart of Kihei, Shores of Maui #206 is the one you’ve been waiting for. This one of a kind unit is located off of South Kihei Road, directly across the street from Cove Beach Park and walking distance to Charley Young Beach. #206 is situated towards the back of the community that features a very tranquil and private setting.
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Palms at Wailea I #1604
Wailea
$795K (FS)
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Palms at Wailea 1604 will be your favorite get-away vacation destination once you step inside to the warm and spacious floor plan and ocean views of this very desirable 1 bed, 2 bath condo. You will find an upgraded kitchen, newer furnishings, recently painted interior, along with a split AC system in the living and bedroom areas.
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Residential Condos Over $1M
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Hokulani Golf Villas #121
Kihei
$1.35M (FS)
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Tastefully updated, meticulously maintained, lightly occupied, and ready for YOU! 2177 Hihimanu in the Hokulani Golf Villas features a flexible 2 bed, 2 bath + office/den floorplan, offering the low maintenance lifestyle of a condo, while enjoying spacious, single family home living. As an added bonus, the community infinity edge pool, spa and clubhouse are all just a short stroll away. Numerous upgrades include: custom window shades and granite countertops throughout, full extension drawers with soft close hardware, porcelain tile and bamboo flooring, and BBQ gas outlet for an outdoor grill on the rear lanai.
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Residential Condos Under $1M
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Maui Lani Terraces #D-101
Napili
$275K (FS)
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Welcome to the lowest priced, Fee Simple, Studio unit in all of West Maui (as of the time/day of this listing) with low maintenance fees too. This is a highly sought after corner studio, ground floor unit that offers a wider bathroom and hallway. The parking stall is right in front of the unit which makes it much easier to bring in beach toys or groceries after a fun day at the beach or a day of shopping.
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Iao Parkside I #14-104
Wailuku
$349,900 (FS)
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A 2 bed, 2 bath Iao Parkside unit with a large backyard and lanai. Enjoy a great central location, close to the hospital, shopping, schools, govt offices, and golf courses.
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Iliahi at Kehalani #1A
Wailuku
$520K (FS)
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This pet friendly neighborhood consisting of 92, two story townhomes are spread across 23 buildings; with 4 units per building. Natural light abounds through the 1,242 sf. of this end unit. Features a ground level stacked washer/dryer with an adjacent half bath. The master bedroom features vaulted ceilings, an ensuite bath and sweeping valley views. Includes 43 sf. of exterior storage and a 93 sf. lanai, to further increase the livability of the large floor plan.
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Kai Ani Village #13-204
Kihei
$565K (FS)
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Waiohuli Beach is 1 short block away from Kai Ani Village, which is one of South Maui‘s newer condo communities. This beautiful 2 bed, 2 bath condo has been upgraded with new carpeting, baseboards, interior paint, new electrical fixtures, added kitchen pantry, a newer washer & dryer, gorgeous built-in wall unit, built-in Murphy Bed, and 3 split A/C units!
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650 S Alu Rd
Wailuku
$375K (FS)
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This is an exceptionally well priced vacant lot for sale in Wailuku Heights with beautiful ocean and mountain views. Great opportunity to design your perfect, custom dream home. The seller is providing architectural plans for a gorgeous single level home with a garage as part of the sale.
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