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 1041 February 14th, 2023


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 (1)
Condos (2)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

 Perched on Makila Ridge   
   554 Punakea   

554 Punakea Loop

$9.9M (FS)

The Beverly Hills of Maui

Photo Credit: M. Marshall of Pacific Shoots


When it comes to romantic getaways, Wailea Beach Villas offers a luxury resort experience that few properties can top. This exclusive oceanfront community offers guests and owners the perfect combination of elegance and comfortable island living with floor plans ranging from 2 bed/2 bath villas (2500 sq. ft.) to 4 bed/3+ bath villas (3000 sq. ft.) each designed with contemporary Hawaiian decor, luxury wood features and top-end modern kitchens. Available for short term vacations, WBV delivers exclusive “Beverly Hills” style and world class amenities.


Currently, there are four units available at WBV ranging in price from $6.25M to $12.75M. Check out the listing details for more information about each unit, 204, 312, K-208 and G-301 and the site map to see where on the premises they are located. For an indepth look at the resort and villa amenities, you can also check out our WBV blog.


Mahalo and Happy Valentine’s Day!


Mahalo Nui Loa,

Ken Smith R(S), Melissa Smith R(B), Gregory Smith R(B) and 
Rachel Smith Kofron R(S)

The Smith Team

P.S. Few places offer a more romantic dining experience for Valentine’s Day as Mama’s Fish House, but unless you made reservations 4-6 months ago, you may have better luck getting into one of these other romantic fine dining restaurants.
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Market Watch
272 (231)
115 (73)
970 (576)
217 (110)
228 (125)
1380 (464)
139 (74)
 32 (12)
240 (69)
628 (415)
375 (210)
2590 (1110)
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 2023

Homes Over $1M

 12 Orchid 
12 Orchid Lane
$1.699M (FS)
Enjoy indoor outdoor living in this Recently remodeled (2022) Two Story Maui Gem. Main living on first level, catering to an indoor/outdoor lifestyle and second floor dedicated to the Master Suite with sweeping Ocean, Lanai and Molokai Views. Home is being sold fully furnished with all new furnishings and decor. 
360 Hoopalua
360 Hoopalua Drive

$2.195M (FS)
Here you will find this 3 bedroom, 2.5 bath Rustic Style solid old growth redwood/cedar wood home which is surrounded by greenery from the mature orchard of avocado, lychee, macadamia, papaya, orange, lime, longan, figs, coffee trees and more. The 1,400 sq. ft. wrap around deck offers the organic living style of the outdoors.
194 E Panana
194 East Panana Place

$3.695M (FS)
Make your dream a reality. Where you can peacefully live your best life in a setting that nurtures your health and well-being. Elegant 3 bedroom, 3 bathroom custom home is just the right size and was designed like a private retreat with an emphasis on indoor/outdoor living.

Homes Under $1M

 1523 KOENE1523 Koene Place
$399K (FS)
Bank Owned. Ideal property for a creative person with innovative ideas located in the heart of Old Wailuku town. The covered lanai is an ideal place to unwind after a long day. Parking is available steps away from your front door. The backyard offers generous space filled with endless possibilities. 
323 W Kuiaha
323 West Kuiaha Road
$950K (FS)
This 1920’s plantation home has been completely renovated, top to bottom in 2020. This home offers 1,116sq.ft. of interior living space, with 2 bedroom, 2 bathrooms plus an office/flex space. Solid Pine floors, mango wood counter and shelves are just a few unique finishes of this home.
234 Halenani
234 Helenani Drive
$999.7K (FS)
Single story home, in desirable neighborhood. Cool ocean breezes,small harbor ocean views with cruise ship from backyard. Gourmet Kitchen with Kraft made cabinets,with glass doors & granite countertops. Travertine and granite baths.Hard wood floors & arched doorways. 

Vacation Condos Over $1M

Kihei Alii Kai
Kihei Alii Kai B-108

$1.079M (FS)
This 2 bedroom, 2 bath condo is quite spacious, and can easily accommodate larger vacationing groups. An impressive 945 interior square ft and the 2 covered lanais open onto a lush, undeveloped tract of land affording an amazing amount of solitude and tranquility. 

Customer Listing Synopsis

Video/Virtual Tour

 Papakea Resort 
Papakea Resort J-302

$1.35M (FS)
Enjoy the many comforts you would typically find in a custom home from this well-appointed 2Bd/2Bth single level ocean view vacation rental unit at the highly sought after Papakea oceanfront complex. You will enjoy the ocean view from the Cal King Bed in the primary bedroom along with the ensuite bathroom including a spa-like walk in fully tiled stand up shower with a professionally installed, quality glass door.
Royal Mauian
Royal Mauian 419
$1.389M (FS)
Offered furnished and turn-key a spacious 2 bedroom 2 bath corner unit with lots of light and beautiful ocean and mountain views from the primary bedroom and covered lanai. Upgrades include a new split AC system in the living and bedrooms, renovated kitchen with stainless steel appliances.
Grand Champions
Grand Champions 51
$1.575M (FS)
This 2 bedroom 2 bath, ground floor end-unit without a single stair step from its dedicated parking spot to the front door. You approach along a lushly landscaped pathway adorned with Ti-leaf, hibiscus. Upon entering, the remodeled kitchen on your right flows seamlessly into the dining and living area.

Vacation Condos Under $1M

Kihei Kai Nani
Kihei Kai Nani 262

$749K (FS)
This 1 bedroom 1 bath is situated away from the road and its very quiet. Kihei Kai Nani is across the street from Kamaole Beach Park II and is close to restaurants and shopping. In vacation rental and is a popular place and is heavily booked. Unit is sold fully furnished.
Kaanapali Shores
    Kaanapali Shores 433
$975K (FS)
This ocean View D floor plan 1 bedroom unit features an open full size kitchen with granite counter tops, custom wood cabinetry and wood style flooring throughout. This popular 10-acre condominium hotel boasts two swimming pools, two spa pools, saunas, fitness center tennis courts and a pickle ball court. 
Kamaole Sands
Kamaole Sands 6-207
$998K (FS)
This is a beautifully remodeled, inner-courtyard unit, with the larger lanai and money-saving split system air conditioning units. In the open-plan kitchen you'll find quartz countertops, an elegant arabesque glass tile backsplash, bamboo cabinets and stainless steel appliances. The complex has a swimming pool, wading pool, and two hot tubs, a fully equipped gym, four tennis courts, parking for your paddle boards and kayaks.

Residential Condos Over $1M

Kanani Wailea
Kanani Wailea 23
$2.1M (FS)
A luxurious gated community consisting of 38 freestanding residential condo homes. Is a 3 bedroom 2.5 bath 2-story steel framed residence featuring Monier tile roof, exterior stone veneer accents and a Hawaiian Craftsman style design which can be found within a private culdesac of the community. 
Hokulani Golf Villas
Hokulani Golf Villas 74
$2.495M (FS)
Built in 2020, this “like-new” amazing fully furnished four-bedroom three bath home is located adjacent to the 11th hole of the Maui Nui Golf course with beautiful sunset views. Hokulani offers a single-family residential condominium lifestyle. This two-story home offers the flexibility of a 4 bedroom 3 bath or 3 bedrooms with den with main level and upper lanais.

Residential Condos Under $1M

  Harbor Lights
Harbor Lights B-302

$225K (FS)
Come and enjoy the ocean breeze from this affordable unit centrally located in the Harbor Lights complex of Kahului. Look out and see views of Haleakala and the ocean. This complex is adjacent to the University of Hawaii Maui Campus. It is conveniently located near Foodland, Whole Foods.

Customer Listing Synopsis

85 Walaka Street
85 Walaka Street 106
$448K (FS)
Lowest priced 1 bedroom 1bath unit in South Kihei, low rise 11 unit complex with low monthly maintenance fee. Walking distance to Charlie Young Beach and The Cove, both perfect for paddle boarding, surfing, sunbathing, and relaxing on the beach and to watch the Maui sunset. 
Iao Parkside
Iao Parkside 47-105
$499K (FS)
Clean 2 bedroom 2 bath ground floor unit. This unit comes with an eat-in kitchen/bay window. The patio has been enclosed to give the interior more living area. Well maintained small yard. Close to parks, restaurants, and shopping. 
Hale Kanani
Hale Kanani 3-102
$820K (FS)
This well maintained 2 bedroom 2 bath unit is located on the ground floor and is 1 of 8 units in the complex with an extra storage unit! There is carpet and tiled flooring throughout as well as ceiling fans and central AC. The covered lanai looks out towards the tropical landscaping along side the road way. 

Vacant Land

5375 Makena Road

$5.8M (FS)
Rare opportunity to build your Maui dream estate on one of Makena’s last undeveloped, multigenerational, spacious, family-owned lots. This .653-acre property is a short stroll away from some of Maui’s best snorkeling, diving, kayaking, paddleboarding, boogie boarding, fishing, and sunset viewing. 

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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