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Aloha
Market Update
The Department of Business, Economic Development and Tourism released a report analyzing real property taxes in Hawaii. The report estimates that one third or 32.3% of Hawaii's property taxes are paid by out-of-state owners.
The report used mailing addresss as a way of determining the resident location of property owners and as such the numbers in the report are only an estimate. The study examinied correlations between property taxes and other economic sectors and found that the states real property tax valuations have been following general economic conditions.
Hawaii is unique in that it is one of only 14 states where property taxes vary by county rather than state. Currently the average effective rates for in-state-owners in Maui County is .56% and for out-of-state owners it is 1.05%.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa, Greg and Lindsey
P.S. - Maui Academy of Preforming Arts 2017 Spring Gala Fundraiser will be held this Friday, March 17, 2017 at 6:00 PM at the King Kamehameha Golf Course ballroom. The theme is Parisian Cabaret, get your tickets now.
Melissa Smith R (B), Ken Smith R (S), Gregory Smith R(B), Lindsey Taylor R (S)
Market Watch
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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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550 (316)
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242 (55)
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1057 (226)
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+6 |
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Condos
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808 (200)
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276 (38)
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1331 (179)
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-21 |
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Land
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343 (141)
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58 (11)
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152 (19)
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-14 |
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Total
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1701 (657)
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606 (104)
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2540 (424)
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-29 |
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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
480 Mikioi Place
Maui Meadows
$1.14M (FS) |
Sit on your lanai under the gazebo and enjoy a spectacular view of Maui from Wailea to Maalaea. 480 Mikioi sits on over 3/4's of an acre (33,367 sq ft) in Maui Meadows and is extremely private. This spotless, updated and comfortable home has 2 bedrooms upstairs along with kitchen, dining area and living room. There is also a 2 bed, 1 bath cottage.
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 5045 Lower Honoapiilani Road
Napili
$1.211M (FS) |
Wonderful open spaces to enjoy our island lifestyle. Large family style decks and fabulous ocean views. Private gated neighborhood of 10 homes with a community pool and common areas. This 3 bed, 3 bath home has easy access to pool and common areas from one of the amazing lanais. Split level design with large great room.
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202 Welau Way
Kaanapali
$2.98M (FS) |
The estate at 202 Welau Way offers ocean, islands, Lanai, Molokai, resort, Black Rock and year-round sunset views. Rich African Mahoney doors, travertine floors continuously located throughout the interiors and exterior lanai, granite counters, Koa columns, bamboo matted ceilings and pocket sliding doors are just some of the signature designs of this hard-crafted, custom 4 bed, 3.5 bath Hawaiian-themed estate.
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640 Punakea Loop
Lahaina
$3.75M (FS) |
Your own private retreat. Each room is artfully done with so many fine details to enhance the custom feeling of this home. The 20 step pyramid wood ceiling with cove lighting as you enter the mother of pearl inlaid doors, teak wood posts and Merbau deck lead your eyes out toward an incredible ocean view. The pool and spa wrap around the outside decking so you can swim up to the master bath in this 4 bed, 3 bath custom home.
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81 Aleiki Place
Kuau
$4.8M (FS) |
Spectacular ocean views inside and out this wonderful oceanfront home of 7 bedrooms and 5 bathrooms, refreshing swimming pool and 3 bedroom Ohana brings Maui's iconic North Shore living to life. The water enthusiast will love that surfing and stand-up paddling can take place just a few steps from the door of this rare piece of Maui real estate.
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Homes Under $1M
2829 West Lelehuna Place
Haiku
$440K (FS) |
Short Sale - Located at the end of W. Lelehuna Place you will find this 9,019 sq ft spacious lot. The lawn is well kept and there's ample room to expand the existing home. The property overlooks the Haiku Elementary School and the Haiku Community Center. This 4 bed, 2 bath house is in need of some repairs.
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27 Meleana Place
Kahului
$759K (FS) |
Lowest listed estate at the exclusive gated community of the Islands, Maui Lani's most prestigious subdivision. Clean, spacious 4 bed, 2.5 bath home with modern open floorplan and vaulted ceilings. Perfect for a large family. Enormous ground floor master bedroom with walk-in closet. Dual vanity en suite bath and soaking tub.
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500 Laie Drive
Makawao
$865K (FS) |
Beautiful 1.59 acre lot in Makawao with a 2 bed, 2 bath main home with a enclosed basement and detached ohana. The main house features charming open beam ceilings and a wide wrap around deck. The long concrete drive leads down to the main house and to the 2,400 sq. ft. barn.
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142 Fleming Road
Lahaina
$999K (FS) |
Located at the corner of Fleming Road and Ainakea with a peek-a-boo view of the ocean. House was renovated in 2009 with new electrical and plumbing. The carport was re-roofed and building permit was obtained for storage in the back. Potential to add two more dwelling provided Buyer is able to get water meters from the county.
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Vacation Condos Over $1M
Wailea Ekolu #806
Wailea
$1.05M (FS) |
Picture perfect view with year around sunsets. No street noise, no golf course noise and close proximity to the lower pool. This is the ideal location in the middle of the complex. The 2 bed, 2 bath unit is heavily booked and has excellent rental history. Wailea Ekolu is within walking distance to everything that Wailea has to offer, shopping, restaurants, golf and some of the best beaches in the world.
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Kapalua Ridge #2613-15
Kapalua
$1.724,999 (FS) |
The top of the world at the Ridge Villas. The ocean views and views of Molokai and Lanai are unsurpassed. The sunset can be seen year round. Great whale watching. This 2 bed, 3 bath ground floor location is light and spacious facing out of the wind for enjoyable lanai dining and enjoyment. The master suite has its own private ocean view lanai.
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Puamana #240-3
Lahaina
$1.925M (FS) |
Rare opportunity to own direct oceanfront in Lahaina within the historic gated community of Puamana. Sold fully furnished and turnkey ready, 3 Bedroom, 2 full, 2 half bath 3 story townhome with unobstructed expansive views of Lana'i and Kaho'olawe Islands. Ground floor kitchen with granite countertops opens up to dining and living area with ocean views.
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Whaler #1221/23
Kaanapali
$2.5M (FS) |
This beautifully renovated turn-key penthouse suite at The Whaler on Kaanapali Beach represents the finest upgrades and spectacular views. The superior upgrades in this 2 bed, 2 bath penthouse include imported Italian marble and granite counter tops, travertine flooring, and coffered ceilings with crown molding.
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Vacation Condos Under $1M
Kauhale Makai #427
Kihei
$330K (FS) |
Oceanfront complex, gorgeous 1 bed, 1 bath condo situated on the 4th floor. Stunning ocean view. Whale watch from the sofa or lanai during whale season. Upgraded kitchen, bathroom & paint. Central air conditioning, electric, cable, telephone & wifi included in the maintenance fee. Beautifully maintained grounds, pool, hot tub, BBQ area and volleyball courts.
Customer Listing Synopsis
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Kihei Akahi #C-413
Kihei
$389K (FS) |
A beautiful remodel, this 1 bedroom unit captures ocean views to make this the perfect vacation home. Located directly across the street from the famed Kamaole II Beach Park, Kihei Akahi is a highly desired vacation rental destination. This gorgeous 1 bed, 1 bath unit features a stylish kitchen with new cabinets, appliances and corian countertops.
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Maui Vista #1216
Kihei$324K (FS)
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Welcome to this lovely 1 bed, 1 bath condominium on the second floor of Building One at the Maui Vista Condominium. Great location with only one flight of stairs to get to unit, or use the elevator at the center of the building. This vacation rental complex is located across the street from the premiere Charley Young Beach and Kamaole I Beach Parks in South Maui, Hawaii. Sold furnished including linens and kitchen ware.
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Maui Banyan #G-209
Kihei
$585K (FS) |
The property is conveniently located directly across the street from Kamaole Beach Park II, and is within walking distance to many of the amenities and tourist venues located in this beautiful sunny area of Maui. Unit G-209 is being sold fully furnished and ready for owner occupancy or vacation rental. This 2 bed, 2 bath condo also includes a "Lock-off" feature to allow for multiple rental possibilities.
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Royal Mauian #519
Kihei
$850K (FS) |
This remodeled 2 bed, 2 bath corner unit at the Royal Mauian is located just steps from Kamaole Beach I. Upgrades include a split system A/C, granite counter tops, custom cabinets, tile flooring, and new custom windows. There is an ocean view from the master bedroom and the lanai. This is the larger of the 2 bedroom units which is perfect for families that need more space.
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Royal Mauian #604
Kihei
$995K (FS) |
The most beautiful and highly sought after top floor oceanfront unit at Royal Mauian. This 2 bed, 2 bath unit has an impeccable ocean view that overlooks both the ocean and Kamaole Beach I. This unit features custom cabinetry, stainless steel appliances, new custom windows, and granite counter tops throughout. The master bedroom is ideally located upfront to enjoy your spectacular views and has its own sliding door that leads to the lanai.
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Residential Condos
Halekala Gardens #6C
Kihei
$275K (FS) |
Newly remodeled ground floor 2 bed, 2 bath condo perfectly situated with view of courtyard and Haleakala. Brand new expanded kitchen and flooring. Shows beautifully and very easy to see at a moment’s notice. Available for immediate occupancy.
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Boardwalk #F
Kihei
$345K (FS)
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Welcome home to this boutique complex of 10 units which sits across the street from a beach access on Halama Street in the heart of Kihei. Halalma Street and the Boardwalk are Kihei's hidden gems. Walk or ride your bike on this quiet residential street. Unit F is an upstairs end unit that has 2 full bedrooms and 2 bathrooms all on one floor with a large living space with vaulted ceilings and also has separate eating nook.
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Villas at Kenolio #1E
Kihei
$339K (FS) |
The penthouse in paradise at the Villas at Kenolio. Blessed with vaulted ceilings and a fresh interior paint, this immaculately kept 3 bed, 2 bath unit on Maui is steps to miles of golden sandy beach. A pet friendly complex, The Villas at Kenolio is masterfully maintained and features a large saline pool, workout room, barbeque area, children's play area, and stand-up paddle/bike/kayak storage.
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Wailea Palms #3307
Wailea
$1.2M (FS) |
Must see this stunning 2 bed, 2 bath unit, fully furnished and exquisitely remodeled. Located next to a serene water feature, gorgeous garden setting and a beautiful view of the ocean. Unmatched quality featuring crown molding with recessed lighting, upgraded and extremely efficient Slimline ceiling air conditioning unit, granite counter tops, sub zero refrigerator and custom made cabinets with European hardware in kitchen and all bathrooms.
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Vacant Land
Hana Highway Mile 43.5
Hana
$499,999 (FS) |
This special property has Wai'ele stream is one boundary. The ocean and the Hana Highway are the bottom and top boundaries. There are eight taro patches below the highway and above the Valley. The Hana side boundary is the top of the Valley which runs to the ocean. A very rough trail leads into the valley with another taro lo'i and a large pool at the bottom of a 100 ft plus waterfall.
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0 Malaihi Road
Wailuku
$2.95M (FS) |
A tropical paradise where you can be a million miles away from civilization, yet only a few minutes to the airport and a world class arts and cultural center, golf, surfing, kite-boarding, shopping and restaurants would be practically at your front door. 43 acres where you can design and build your dream estate.
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