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Issue 1227 | October 6th, 2026
Aloha ,
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In this newsletter:
Market Update Market Watch Homes
Over $1M Homes
Under $1M Vacation Condos
Over $1M Vacation Condos
Under $1M Residential Condos
Over $1M Residential Condos
Under $1M Vacant Land
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Exclusive Kapalua Living
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94 Keoawa Pl
Kapalua
$9.675M (FS)
Set within the premier gated community of Honolua Ridge, 94 Keoawa Place is a reimagined Kapalua residence offering more than 7,199 square feet of refined living space on nearly four acres of gently sloping land. Designed to embody world-class island living, the estate captures panoramic views of the Pacific Ocean, Molokai, Lanai, and the dramatic West Maui Mountains. 94 Keoawa Place stands as one of the most significant estates in Kapalua, uniting scale, seclusion, and a premier location with the assurance of a recent comprehensive, "down-to-the-studs" renovation.
Listing Details
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Reasons for Optimism in Maui Real Estate
Aloha!
This week, We spoke with our broker, whose more than 30 years of experience on Maui includes navigating numerous real estate cycles. Based on the transaction activity he follows closely, he believes our market may be beginning to turn a corner.
His optimism also looks beyond today’s sales figures. An end to the war, lower mortgage rates, and greater economic certainty could encourage buyers who have been sitting on the sidelines to move forward. While the timing remains uncertain, that combination could give Maui’s market meaningful momentum.
For buyers, the opportunity is compelling: purchase prices have adjusted in parts of the market, choices remain available, and there is room to negotiate. If confidence improves and more buyers return, today’s favorable negotiating conditions could gradually narrow.
No one can identify a market bottom with certainty until it is behind us. Nevertheless, improving sales activity gives us reason to look ahead with cautious optimism. For buyers ready to make Maui part of their future—and sellers prepared to price realistically—the next chapter may bring renewed opportunity.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. Hawaiian Council announces Host Housing Support Program for families displaced by recent storms
Market Watch
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Active |
Pending |
Sold |
Change |
| Homes |
458 (382) |
97 (71) |
718 (521) |
-3 |
| Condos |
818 (262) |
83 (16) |
819 (204) |
+6 |
| Land |
228 (95) |
18 (3) |
137 (34) |
+3 |
| Total |
1504 (739) |
198 (90) |
1674 (759) |
+6 |
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
February 2026
March 2026
April
May
June
July
August
Market Statistics
Updated list of all bank-owned and short-sale properties:
Bank-owned
Short sale
Homes Over $1M
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310 Front St
Lahaina
$1.395M (FS)
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310 Front Street is a chance to own a newly constructed home at the center of Lahaina's renewal. This brand-new home on iconic Front Street offers ocean and mountain views and a central address near the shoreline, with future access to dining, shopping, services, and cultural landmarks as the town is revitalized.
Customer Listing Synopsis
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450 Laulea Pl
Spreckelsville
$4.295M (FS)
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Laulea is often translated as “peace and friendship,” which feels particularly appropriate for one of Spreckelsville’s most desirable private roads. Set on just under one-third of an acre, this inviting house and cottage property captures the relaxed character of Maui’s North Shore.
Customer Listing Synopsis
Video Tour
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10 Hui Rd E Rd
Napili
$4.988M (FS)
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Poised within a prestigious oceanfront community, but positioned without the front row real estate price premium, 10 Hui Road E is a fully updated, multi-level estate that combines dramatic ocean views with a protected location. Just steps back from the shoreline, the property captures elevated Pacific views and year-round sunsets.
Customer Listing Synopsis
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Homes Under $1M
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1980 Mill St
Wailuku
$788K (FS)
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Incredible potential in the heart of Wailuku! This 7,331 sq. ft. property offers 3 bedrooms, 1 bath and a few bonus rooms framed by gorgeous mountain backdrop views. Highlights include an expansive gravel lot with tons of parking, room for extra storage, and a separate work shed.
Customer Listing Synopsis
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180 Hoomoku St
Kahului
$894K (FS)
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Experience the charm and comfort of this freshly reimagined 3-bedroom, 2-bath residence with an additional office/den, offering a flexible layout ideal for modern living. Thoughtfully redesigned, the home blends contemporary updates with warm, inviting spaces—perfect for those seeking move-in-ready convenience in a central Maui location.
Customer Listing Synopsis
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192 Poniu Cir
Wailuku
$975K (FS)
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Welcome home to 192 Poniu Circle in Kaimana at Kehalani! Bright, airy, & welcoming, this beautiful single-level home offers comfortable living in one of Central Maui’s most convenient locations. Fresh interior paint in the living area, kitchen, & primary suite gives the home a clean, refreshed feel & a wonderful canvas for the next owners to make their own.
Customer Listing Synopsis
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1867 Makahala Pl
Wailuku
$979K (FS)
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Iao Valley views, a quiet cul-de-sac setting, a 2022 build, and no HOA. This single-story home delivers privacy without giving up the convenience of Wailuku town. The 3-bedroom, 2-bath home sits behind a rock wall with a flat grassy lawn and a fenced-in yard that frames views of the West Maui Mountains.
Customer Listing Synopsis
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61 Loa Pl
Napili
$999K (FS)
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Welcome to Hale Noho in Napilihau—an exceptional opportunity in one of West Maui’s most established and sought-after neighborhoods. Ideally positioned on a cul-de-sac, this property enjoys a desirable setting with limited through traffic and a greater sense of privacy.
Customer Listing Synopsis
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Vacation Condos Over $1M
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Hale Hui Kai # 301
Kihei
$1.350M (FS)
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Beach Front! Hidden along the renowned mile long white sandy beach of Keawakapu, Hale Hui Kai is a charming, low rise beachfront complex that captures the timeless feeling of Old Hawaii. Lush tropical landscaping and open air walkways welcome you into this well maintained oceanfront retreat, where the relaxed Maui lifestyle takes center stage.
Customer Listing Synopsis
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Wailea Ekolu # 1705
Wailea
$1.425M (FS)
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Beautifully remodeled and filled with the relaxed spirit of Wailea, this ground-floor, walk-out residence at Wailea Ekolu offers ocean and sunset views from an elevated setting. Light and bright, the open floor plan flows naturally to a spacious covered lanai; an inviting place to dine, lounge, and enjoy Maui’s indoor-outdoor lifestyle.
Customer Listing Synopsis
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Puamana # 24-4
Lahaina
$1.895M (FS)
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Puamana! Welcome to your Maui Beach house at 24-4 Puamelia -second row from the beach - 75 steps to the main beach access! Short term rental -capable; no special permits necessary. Rinse off in the ocean or the pool, then slip in through your private side entry to the spacious shaded back lanai.
Customer Listing Synopsis
Video Tour
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Polo Beach Club # 109
Makena
$3.595M (FS)
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At Polo Beach Club 109, the best part of a Maui day is how easily it unfolds. Open the doors to a generous ground-floor lanai, enjoy your morning coffee among the palms, and take in the ocean view before exploring the pool or the lovely sand at Polo Beach.
Customer Listing Synopsis
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Vacation Condos Under $1M
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Kalama Terrace # L211
Kihei
$280K (FS)
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Price adjusted to $280K plus a $5K Credit at closing. Kalama Terrace is a prime Kihei condo a block from Charley Young Beach and Cove Park! The condo is spacious with lots of natural light & cool breezes, which creates a welcoming atmosphere.
Customer Listing Synopsis
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Valley Isle Resort # 602B
Kahana
$465K (FS)
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Welcome to your dream retreat in Maui, where your senses are filled with the sights and sounds of azure waves caressing the golden sands, and gentle breezes whispering through the palm trees. Bonus! This complex is HOTEL ZONED and is not impacted by the passing of Bill 9.
Customer Listing Synopsis
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Maui Vista # 2321
Kihei
$475K (FS)
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Welcome to Maui Vista, ideally located in the heart of South Kihei directly across from Charley Young Beach and Kamaole Beach Park I. This 1-bedroom, 1-bath condominium offers 588 square feet of living area in one of Kihei’s established condominium communities.
Customer Listing Synopsis
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Royal Kahana # 115
Kahana
$599K (FS)
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The ease of access to the unit and pool area are remarkable and make this unit an excellent choice. No elevator is needed with minimal steps. Experience the Maui resort lifestyle at Royal Kahana Unit 115- a beautifully upgraded, ground-floor one-bedroom, one-bath residence in a beachfront, HOTEL-ZONED property permitted for vacation rentals.
Customer Listing Synopsis
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Residential Condos Over $1M
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Ke Alii Ocean Villas # E104
Kihei
$1.088M (FS)
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Imagine waking up to the gentle sway of palms, the scent of salt in the air, and the shimmer of turquoise waves just moments away. Nestled just above the golden shores of Kamaole Beach Park I, this beautifully upgraded 2-bedroom, 2-bath condo in South Maui offers the perfect balance of island serenity and modern convenience.
Customer Listing Synopsis
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Residential Condos Under $1M
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Maui Lani Terraces # B304
Honokowai
$284K (FS)
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Imagine owning a studio just a stone's throw from the ocean! *Seller is open to financing for qualified Buyers. This charming top-floor corner unit in Maui Lani Terraces is the perfect retreat for those who want to be close to it all. The quiet location allows the ideal setting to enjoy the ocean view.
Customer Listing Synopsis
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Maui Lani Terraces # B304
Honokowai
$284K (FS)
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Imagine owning a studio just a stone's throw from the ocean! *Seller is open to financing for qualified Buyers. This charming top-floor corner unit in Maui Lani Terraces is the perfect retreat for those who want to be close to it all. The quiet location allows the ideal setting to enjoy the ocean view.
Customer Listing Synopsis
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Mount Thomas # PH7
Wailuku
$348K (FS)
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Amazing views from this cozy 2-bedroom, 1.5 bath Mount Thomas condo with one assigned parking stall. Conveniently located between Wailuku and Kahului, just down the road from War Memorial football and Ichiro "Iron" Maehara baseball stadiums, and Kahului harbor.
Customer Listing Synopsis
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Iao Parkside I # 4-204
Wailuku
$449K (FS)
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Ocean views. Haleakala sunrises. West Maui Mountains. This move-in ready 2 bedroom, 2 bath at Iao Parkside has it all.Inside you'll find an updated kitchen with granite countertops and ceiling high cabinets, updated bathrooms, vinyl double pane windows, and a high efficiency split AC system that keeps this home comfortable and low maintenance year round.
Customer Listing Synopsis
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Hoolea Terrace at Kehalani # 406
Wailuku
$545K (FS)
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BACK ON MARKET
Beautiful upstairs ocean view 2-bedroom, 1.5-bath unit in the highly desirable Ho'olea Terrace at Kehalani community. Enjoy stunning ocean views from both the living room, kitchen, and primary bedroom, along with gorgeous mountain views from the second bedroom, in this well-maintained home featuring luxury vinyl plank flooring throughout, an open-concept living room and kitchen layout.
Customer Listing Synopsis
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Haleakala Gardens # 12E
Kihei
$675K (FS)
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SELLER OFFERING A $10,000 BUYER CREDIT AT CLOSING FOR A LIMITED TIME! Beautifully remodeled 3-bedroom, 2-bath residence at pet-friendly Haleakala Gardens, just one block from the ocean and near Kalepolepo Beach and Waipulani Beach Park. Located on the top floor of Building 12, Unit 12E offers a peaceful garden outlook, soaring vaulted ceilings, and 932 sq. ft. of comfortable island living.
Customer Listing Synopsis
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Commercial
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1683 Nana St
Wailuku
$3.600M (FS)
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Also listed as Commercial MLS #410862. Rare opportunity to acquire Hale Nani, a 10-unit multifamily property in an elevated Wailuku location with beautiful ocean, harbor, Haleakala and Central Maui views. The property consists of six 2-bedroom/1-bath units, two 1-bedroom/1-bath units and two studio/1-bath units.
Customer Listing Synopsis
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