Traveling to Hawaii is certainly not as easy as it used to be, but in a recent survey conducted by  the Hawaii Tourism Authority it was found that out of the 495 visitors that were surveyed 85% said their trip was excellent, and 94% said their trip either met or exceeded expectations. This is great to see, as it means that the number of tourists making the journey to Hawaii in 2021 should continue to rise.

While tourism numbers are not nearly what they were in 2019, the Pre-travel Testing Program allows anyone traveling to Hawaii to bypass the 10-day mandatory quarantine, which would make any vacation immensely more enjoyable. Out of the visitors that were surveyed, 79% said that their pre-travel testing experience went smoothly, and the protocols were clear. The remaining 21% reported various issues with pre-travel testing including difficulty finding a trusted testing partner, and not receiving their results within the specified window.

We will continue to look forward to a rise in tourism numbers as the local economy recovers from the COVID-19 pandemic. To look at the full report, follow this link.In an interview with The Maui News, the Chief Economist with the Department of Business, Economic Development and Tourism Eugene Tian stated that nearly 30% of the homes that were purchased in the better part of 2020 were purchased by out-of-state residents. Of those buyers 27.4% were from the mainland, and 1.4% were international. While this number seems high, out-of-state residents usually purchase nearly 50% of the available real estate on Maui.

The data is still being assembled for the demographic breakdown of these out-of-state buyers, as it is unclear whether most of those purchases were made by investors, or those seeking to move their principal residence to Hawaii now that most employees and business owners can work from home.

The three aspects of the current real estate market that appear to show no signs of slowing are low inventory levels, low interest rates on new mortgages and a climbing median sales price for both condos and single family homes. In December, the Realtors Association of Maui recorded the lowest inventory ever since they began keeping records in 2010. New construction is still very active on Maui, with several affordable housing projects as well as luxury condominium complexes set to be completed  between now and 2022.

To read the full interview The Maui News did with Eugene Tian click here.
Due to the spike in COVID-19 cases on Maui, Governor Ige gave Mayor Michael Victorino the authority to amend the current emergency rules. The new rules go into effect today. Here are the highlights.

- Retail occupancy is now limited to 30% to allow more room for social distancing.

- Bars and restaurants are now required to close at 10pm or earlier. Drive-throughs, non-liquor related takeout and room service are all exempt from this new rule.

In addition to pre-travel testing requirements for both inter-island and transpacific travelers, they are also now required to download either the AlohaSafe Alert app or another Google-Apple Exposure Notification System app. Travelers can also enable their exposure notification setting on their phone.

Face coverings must now be worn while walking to and from the beach or pool. They can only be removed once you are stationary and socially distanced from the people around you.

-Even if the venue is outdoors, a mask must be worn at gyms, yoga studios, and wellness centers.

While these rules mentioned  above are slightly different from rules that were already in place, it’s important to keep yourself informed on the latest developments coming out of the Mayor’s office.
 Smith Team Real Estate - 2 Generations of Satisfied Customers - (808) 572-0866
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Issue 969 September 28th, 2021


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 
Homes  (2)

New Properties 
Price Reduction

Short Sales
Land (1)
New Properties 
Price Reductions  

Slice of Heaven


112 Kawehi Place
$3.5M (FS)

Long Term Rental Exemption

Have you heard of the new long-term rental exemption?  
Effective January 1, 2022, if your property is occupied by a long-term tenant for 1 year or longer and you do not have a home exemption, you will be eligible for a $200,000 long-term rental exemption off your assessed property value. 6 month and month-to-month leases do not qualify. Your property will be classified as long-term rental.
Bonus - You could get a long-term rental exemption on more than one property as long as they are located on different parcels. For example, if you own two homes and do long-term rentals on both, you can get a long-term rental exemption on each property.
Another Bonus - Properties that have a home exemption and qualify for a long-term rental exemption will be eligible for an additional $100,000 exemption and will be classified Owner-Occupied. This is great news if you live in one part of the property and rent out the other portion to a long-term tenant.  
Upon qualification, the exemption and classification will be applied to the 2022 assessment. You will have to complete a Long-term Rental Exemption Application by December 31, 2021 and include a copy of a valid signed lease agreement. Go to for more information. 
Mahalo Nui Loa,

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

The Smith Team

P.S. A new restaurant, Gilligans Bar and Grill opens at Maui Nui Golf Course in Kihei.  Enjoy ocean views on the golf course while eating southern style comfort food.  
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Market Watch
195 (146)
235 (99)
1356 (636)
127 (44)
308 (125)
2263 (543)
134 (56)
 67 (23)
406 (97)
456 (246)
610 (247)
4025 (1276)
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.


Homes Over $1M

15700 Haleakala
15700 Haleakala Highway
$1.35M (FS)
Refreshing mountain air are 2 homes on property, Main house and cottage. Both have decks looking out to the ocean and Central Maui. Very lush landscape with mature trees, Cypress, Jacaranda, Bay leaf. And you the producing trees, Loquat, Orange, Calamansi, Avocado, Longan, Apple, Pear, Lychee, Fig, and Bananas. 
 255 Anuhea 
255 Anuhea Place
$1.795M (FS)
This 5 bedroom 3 1/2 bath home with expansive ceilings, fireplace and Ocean and mountain views sits down off a private road at the end of the Cul De Sac in lower kula just below Kula 200 and just above Kamehameha School.
886 Pakele
886 Pakele Place
$2.888M (FS)
Enjoy the abundance of swaying palms, lush & mature landscaping and a small orchard all surrounded by rock walls and an automatic gated entry. Listen to the breaking waves, feel the ocean breeze, smell the salt air and revel in the stunning sunrises.
100 Wailea Ike Drive
$4.75M (FS)
A detached yoga studio is just one of the unique features included in this custom 3bedroom, 3.5 bath, 3389 sf residence, making every day feel like you're waking up in a five star resort. The indoor-outdoor floor plan is the perfect blend of modern luxury and island living.

Homes Under $1M

2131 Kahookele
2131 Kahookele Street
$695K (FS)
Bring your vision to this prime location in Wailuku, within walking distance to County and State buildings and the heart of Wailuku Town. The existing main house was built in 1930 and is in need of some major renovations. The ohana at the rear of the property has two bedrooms and one bath. It was built in 1963 and is also in need of some TLC. 
34 Ainaola Street

$700K (FS)
This beautiful 3 bedroom 1 bath main home has been remodeled with an upgraded granite kitchen and stainless steal appliances. Remodeled bath as well has been redone. The backyard is a beautiful oasis with a water feature Koi Pond, newer trex decking and Massage Hut.

7 Kawaikini
7 Kawaikini Place
$799K (FS)
This single story 3 bedroom 2 bathroom home offers vaulted ceiling and a spacious floor plan, perfect for entertaining. Enjoy your privately fenced backyard and covered lanai for barbecues.
2797 Panepoo
2797 Panepoo Street
$999K (FS)
These plans are for a 480sqft master bedroom, bathroom, walk in closet and are included with the sale. The SMA permit has been completed and the permit has been started for the addition. All you need to do is hire your contractor and build. There is still time to alter the plans should you desire something different.
3D/Video Tour

Vacation Condos Over $1M

Kamaole Sands
Kamaole Sands 1403
Make this a highly desirable 2 bedroom, 2 bathroom condo at Kamaole Sands. Available for the first time for resale, this unit is waiting for its next owner, to make it home. Chosen by the original owners for it's location and views, make this an incredible opportunity. 
Wailea Elua
Wailea Elua A-1201
Rare opportunity to own a unit this well located. Wailea Elua overlooks Ulua Beach (one of the most beautiful beaches in Maui), which offers some of the best snorkeling around and is on the famed Wailea Beach walk, which provided easy scenic access to the other world class Wailea resorts, dining, shopping.
Kaanapali Alii
Kaanapali Alii 2-705
Amazing ocean and sunset views from this inner courtyard 2 bedroom 2 bath spacious condo. Ideally positioned on the seventh floor in Building 2 with a corner location and southwest exposure allowing for both ocean and mountain views. 

Vacation Condos Under $1M

Kalama Terrace
Kalama Terrace L-308
$450K (FS)
This condo for sale in South Kihei on Maui has a well maintained interior, ocean view and great location one block from the ocean. Beach Retreat L308 is a top floor unit with no neighbors above moving around, so you have more peace and quiet. 
Pacific Shores
Pacific Shores A-214
$664.9K (FS)
Rarely available 2 Bed 2 Bath located at the ocean side of the complex in the well desired A building with 2 exclusive parking stalls . Only a few units are able to have ocean views in this complex and this is one of them. 2nd level unit and there is an elevator in this building. Strong rental history and low vacancy. 
Pikake H-205

$848K (FS)
Front line unobstructed ocean views from this 2 bedroom loft style unit at the Pikake, a rare offering in a small boutique resort. Enjoy winter whale watching, sea turtles, and vibrant Maui sunsets. There is direct ocean access right in front with a small sandy beach, so jump in the water for a swim, snorkel, or paddle. 
Haleakala Shores
Haleakala Shores A-403
$850K (FS)
Cherry wood cabinets and new appliances. Both bathrooms were fully remodeled with custom tile work, new bathtub, cabinetry, mirrors, fixtures, etc. Flooring throughout is new tile on sound pad, with newly replaced carpet on lanai. Lighting and fans, window screens, coverings and black out drapes in bedrooms, hot water tank and new air conditioning units.
Customer Listing Synopsis
Kaanapali Shores 2
Kaanapali Shores 920
$869K (FS)
This popular 10 acre condominium hotel boasts two swimming pools, two spa pools, saunas, fitness center and two tennis courts and a Pickle Ball Court. You can relax at the pool-side restaurant for breakfast, lunch or dinner. There are convenient gift shops, a food pantry store, and beauty salon located on the premises.
Kahana Villa
Kahana Villa E-703
$899.9K (FS)
The view from this 2 bedroom, 2 bathroom condo, just across the street from the ocean is spectacular. You can enjoy this amazing view from the lanai, the living room and the master bedroom. There are few condos that can offer that, especially at this price. The quality of the interior matches the view. 

Residential Condos Over $1M

Vintage at Kaanapali 57
$1.479M (FS)
Lovely ocean, Island and Golf course views, from this free standing residential condominium located in the prestigious gated community know as the Vintage in Kaanapali. This home features a reverse floorplan, with vaulted ceilings, and a spacious open concept floorplan. Beautiful rich dark wood flooring, new carpet and paint, upgraded appliances featuring GE and Thermidor. 
Na Hale O Makena 2
Na Hale O Makena E-201

$2.585M (FS)
Wonderful second floor apartment in prestigious Makena. Featuring very nice ocean views from the main living area, master bedroom and spacious lanai. Single level living with 3 bedrooms, 2.5 baths, nine foot ceilings, travertine floors, granite counter tops, custom cabinetry, top of the line appliances, and 3 zone central air conditioning.
Coconut Grove
Coconut Grove A-2

$3.7M (FS)
Coconut Grove is located on World Famous Kapalua Bay. Amenities include pool, fitness center, party room with kitchen, outdoor grill, outdoor shower. Unit has been upgraded with elevator, sound system, custom draperies and designer furnishings indoors and out. Unit is being sold completely furnished.

Residential Condos Under $1M

Puuone Towers and Plaza
Puuone Towers and Plaza 402

$290K (FS)
Beautiful 2 bedroom, 1.5 bath updated unit with wonderful ocean and mountain views centrally located in Wailuku at Puuone Towers and Plaza. Upgrades include laminate wood and tile flooring, renovated kitchen and baths with Corian countertops, stainless steel appliances, and a newer full-sized stackable washer/dryer.
Keonekai Villages
Keonekai Villages 14-101
$425K (FS)
This tastefully upgraded condo features 3 split ac units, travertine flooring, crown moldings, 4 inch baseboard moldings, 2 1/2 inch wood blinds, and custom recessed lighting throughout. Being an end unit, the condo also offers 2 large windows in the master bedroom.
Kai Makani E-203
$795K (FS)
This is the lowest priced 2 bedroom, 2 bathroom. Enjoy verdant lush green landscaping in a tropical setting right across from one of the longest beaches in the state of Hawaii at Mai Poina Oe Ia U Park. 

            Customer Listing Synopsis
Vacant Land
178 River Road
$450K (FS)
Enjoy the peaceful, tranquil country setting with amazing mountain and distant ocean views. Options abound with this 30,971 sq ft parcel of land located above Waihe'e river just minutes away from all Central Maui amenities which include the airport, hospital, shopping, dining Maui Arts and Cultural center and government offices. 
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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