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 1061 July 4th, 2023
 

Aloha


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 (4)
Condos
Land
New Properties 
Price Reductions  

Short Sales
Homes

Condos
Land
New Properties

Price Reductions 

Elegant Oceanfront Home
   30 Malie Pl   

30 Malie Place
Paia

$9.2M (FS)


Maui Real Estate 
Focusing on the 4th of July

4th-of-july-happy4th-of-july

 

Hello and welcome to this week's edition of our Maui real estate newsletter! As we approach the vibrant and patriotic celebration of the 4th of July, we wanted to take a moment to reflect on the significance of this special day. The 4th of July is not only a time for fireworks and barbecues, but it also serves as a reminder of the values and freedoms that make our nation great.

In the spirit of this holiday, we are excited to share some exciting updates and insights about the Maui real estate market. As we navigate through these unprecedented times, it's important to stay informed about the latest trends and opportunities in our local market.

In this edition, we will highlight some of the stunning properties available in Maui, showcasing the diverse range of options for those looking to make this beautiful island their home. From luxurious beachfront estates to charming countryside retreats, Maui offers something for everyone.

Additionally, we will provide valuable market updates, including the latest sales data, market trends, and expert insights from our team of experienced real estate professionals. Whether you're a first-time homebuyer, an investor, or simply curious about the Maui real estate market, we've got you covered.

We hope you enjoy this edition of our newsletter and find it both informative and inspiring. As always, our dedicated team is here to assist you with any questions or real estate needs you may have. Wishing you a joyful and safe 4th of July celebration filled with laughter, good company, and the beauty of Maui.


Mahalo Nui Loa,

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


The Smith Team


P.S. Maui July 4th Fireworks & Celebration 2023. Please click here.
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Market Watch
 
Active
Pending
Sold
Change
Homes
243 (205)
136 (101)
819 (469)
-4
Condos
208 (94)
210 (118)
1034 (348)
-7
Land
136 (67)
 43 (10)
197 (60)
+4
Total
587 (366)
389 (229)
2050 (877)
-7
 
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.

 

Homes Under $2M

141 Kamahao
141 Kamahao Circle

Waikapu
$1.097M (FS)
Talk about a wonderful floor plan, the Primary bedroom and office are located downstairs! The upstairs features 2 bedrooms, bath, and large family room for spacious living. Owned PV system keeps electric bill low. keeps you super cool. Stainless steel appliances, beautiful landscaping and an outdoor bonus shed perfect for yoga, hobbies, private office or you name it.
66 Kupaloke
66 Kupaloke Street
Wailuku
$1.216M (FS)
A brand new single family home community. This home features a vaulted ceiling in the second-floor great room, oversized dual glazed vinyl windows, Corian Countertops and many more upgrade features for your daily enjoyment. Located within close proximity to the community walking/bicycling path and parks. Lot 75 is of the Hu'ihu'i Floor Plan. This home has an upslope backyard.
78 Kauaula
78 Kauaula Road 
Lahaina
$1.425M (FS)
Rarely are homes offered for sale in this sought after Kauaula Neighborhood in Lahaina. Located on a dead-end road so no drive through traffic. Short stroll across Front Street to Shark Pit Surf Break. Inground swimming pool offers a cool dip on warm Lahaina days. Close to Lahaina Town shopping, restaurants, schools, aquatic center, and sport fields.
122
1220 Hooilina Place
Haiku
$1.65M (FS)
Welcome to this well built 3 bedroom, 3 bathroom home located in the serene and picturesque town of Haiku on the beautiful island of Maui. This property offers a private and tranquil retreat surrounded by lush tropical greenery and breathtaking natural beauty.The generously sized living area with its large windows floods the space with natural light and offers panoramic views of the lush surroundings. 
112 Oleander
112 Oleander Place 
Kahana
$1.695M (FS)
This single-level residential home. Located on the heart of the exclusive community known as Kahana Ridge, this 2,430 living sq. ft. 3 bedroom & 3 bathroom home is one of the largest in the community. The property is sold unfurnished. The home has a Split AC system and Photovoltaic system (owned).
6 Orchid Pl
6 Orchid Place
Kahana
$1.725M (FS)
The home is being offered inclusive of all furnishings, inside & out, plus most art & decorative elements. The open floor plan & lofted ceilings enhance the Feng-Shui. Whisper White specimen granite with metallic quartz occlusions compliment the white-subway tile creatively set on the bias in a herringbone motif.
3 Bermuda
3 Bermuda Place
Kahana
$1.998M (FS)
This spacious ocean view home was completely remodeled in 2021, including cabinets, appliances, and two new central AC units. This more traditional floor plan has a downstairs living room, dining and kitchen opening up to the covered lanai and back yard garden area. There is also a downstairs bedroom and bath.
 

Homes Over $1M

50 Kaalele
50 Kaalele Place
Kula
$2.795M (FS)
This modern sanctuary offers the perfect blend of luxurious living and natural island beauty. Built in 2021, this stunning residence offers a generous 3,300 square feet of living space, ensuring abundant room for both comfortable living and entertaining. From the moment you step inside, you will be captivated by the sleek and contemporary interior design, creating a harmonious balance between functionality and style.
885 Pulehuiki
885 Pulehuiki Road
Kula
$3.495M (FS)
Experience the serenity of Kula living in this peaceful 4 bedroom 3.5 bathroom estate. Set on the slopes of Haleakala at the ideal 3,000 ft elevation, 885 Pulehuiki boasts ocean views from the island of Kaho’olawe to the South Maui shore. The Photovoltaic system, which is net-metered and owned outright, keeps the electric bill low and is supported by a 120 gallon solar hot water heater.
31 Ohia Lehua
31 Ohia Lehua Place
Pukalani
$3.95M (FS)
The light-filled great room affords panoramic views through a plethora of 8 ft. tall retractable glass walls. Throughout the home, there are 8 ft. tall solid wood doors & high-fired porcelain tiled floors, lending a feeling of warmth. A spacious chef’s kitchen with abundant cabinetry.

Vacation Condos Over $1M

Maui Kamaole
Maui Kamaole C-201
Kihei
$1.349M (FS)
Nicely appointed with quality furnishings, closed off upstairs bedroom for privacy, and very spacious with 1214 sqaure feet of interior living space. Unique, developer installed storage closet just outside the front door, one of a kind. The kitchen was designed with an island as opposed to a peninsula which is a rare feature. All lanai's have been waterproofed and retiled. 
kapalua
Kapalua Bay Villas 32-B3
Kapalua
$1.75M (FS)
The sweeping panoramic ocean views from this 1 bedroom Kapalua Bay Villa condo will take your breath away. Captivating ocean views from nearly every room. This thoughtfully updated & stylishly decorated condo will not disappoint. Located on the second level with the highly sought after bridge access no stairs to enter the unit.
 Maui Kamaole 2 
Maui Kamaole A-212
Kihei
$1.85M (FS)
Spectacular ocean views from this front row 2 bedroom, 2 bathroom Maui Kamaole. The unit has been fully remodeled with custom kitchen and baths, cabinets, counter tops, flooring, split AC in all 3 rooms with automatic shutoffs when the lanai doors open. This is a must see to appreciate the level of quality. 
Royal Mauian
Royal Mauian 512
Kihei
$2.1M (FS)
This stunning oceanfront 2 bedroom 2 bath unit is one of only a few in the complex with no stairs, and boasts the most incredible breathtaking 180 degree ocean views. Enjoy amazing sunsets and whale watching from the best location at Royal Mauian. Its beautifully upgraded features include beveled granite counters, a SubZero refrigerator, GE Profile stove, GE oven/microwave, and a Bosch dishwasher. 

Vacation Condos Under $1M

Kihei Resort
Kihei Resort 127-A
Kihei

$719K (FS)
A spacious 1 bedroom 1 bath Apt, with garden view. The L-shaped, partially covered lanai offers a side gate with water hose to sand off your feet and beach gear. The interior is welcoming and renovated with granite counters in the kitchen, stainless steel appliances, full size washer-drier, and nice bath amenities. 
Hololani
Hololani A-102
Kahana
$989K (FS)
All units at Hololani boast ocean view 2 bedroom two bath floorplans, each with its unique place within the 2 high rise buildings. This first floor location is ideal for the convenience to the ocean, pool and bbq area, and it also has easy access from the underground parking up the elevator right to the front door. The ocean breezes and that endless view bring guests back to Hololani year after year.
Napili Point
Napili Point A-25
Napili
$999K (FS)
This is a great opportunity to own this beautifully remodeled 1 bedroom, 1 bath ocean view front row unit at Napili Point Resort. Upgrades include luxury vinyl plank flooring, granite counter tops, wood cabinetry, stainless steel appliances, a tiled shower area. It has an open floor plan with the kitchen and great room area that lead to the ocean view lanai.

Residential Condos Over $1M

 jj 
Wailea Fairway Villas Y-101
Wailea
$1.189M (FS)
This villa is positioned perfectly above the green and boasts commanding ocean and golf course views while retaining a private/open feel. You will see the whales breaching from your lanai! Advantages of this location are easy access as there are no stairs to contend with and 3 extra bonus windows throughout the living space allowing for great natural light which is not possible on the interior units.
 
Wailea Palms 2
Wailea Palms 3508
Wailea
$1.699M (FS)
A top floor, 2 bedroom 2 bath unit situated in the lower quiet area of the complex. 3508 has a desired north facing location allowing for maximum use of the nearly 300 sq ft partially covered lanai! There are stunning ocean views with west Maui in the background from the primary bedroom, lanai, and living room. The unit has a tastefully remodeled kitchen with stainless steel appliances. 
kana
Kanani Wailea 7
Wailea
$2.095M (FS)
Impeccably maintained 4 bedroom, 4.5 bath, single level home in the gated community of Kanani Wailea. Each bedroom is en suite. One of the bedrooms is detached with an entry out to a private, serene courtyard; it's a perfect space for guests or home office. Open floorplan with gourmet kitchen, separate laundry room, and half bath is generous in size.
 waa 2 
Wailea Fairway Villas D-103
Wailea
$2.1M (FS)
This wonderful Townhome is an end unit and offers Unobstructed and expansive 180 degree ocean and sunset views overlooking the the Wailea Golf Course. Located at the North end of the complex this unit offers wonderful privacy, greenery and lots of natural light. 3 bedrooms, 3 full baths, plus a very spacious mezzanine which is perfect for a home office, family room or for additional guests.
Hokulani Golf Villas
Hokulani Golf Villas 74
Kihei
$2.495M (FS)
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. This two-story home offers the flexibility of a 4 bedroom 3 bath or 3 bedrooms with den with main level and upper lanais. Gorgeous finishes and upgrades including plank tile flooring and plush upgraded carpet throughout.

Residential Condos Under $1M

  Keonekai Villages
Keonekai Villages 10-104
Kihei

$599K (FS)
Welcome to this spectacular ground floor, 2 bedroom, 1.5 bath, corner unit situated in the lower quiet area of the complex within highly desirable Keonekai Villages. A block from Kamaole II and III Beach Parks, and adjacent to the Keonekai Dog Park. This pet friendly complex is awaiting for its new owners to make this their new home.
Flats at Kamalani
Flats at Kamalani 305
Kihei
$729K (FS)
Welcome to paradise! This stunning 3 bed, 2 bath condo on the enchanting island of Maui offers the perfect blend of comfort and style Nestled in a prime location. This meticulously maintained unit is the epitome of island living. Upon entering, you'll be greeted by an inviting open-concept living space, flooded with natural light. The spacious living area provides a cozy atmosphere, ideal for relaxation after a day of exploring Maui's wonders.
Villas at Kenolio
Villas at Kenolio 5-L
Kihei
$750K (FS)
This beautiful 3 bedroom, 2 bath condo overlooking a peaceful nature preserve. This upstairs unit is at the end of the building on the south side which provides extra privacy and quietness. The large windows provide plenty of natural light and a great view of the surrounding area. Solar water heating and cross breezes make for lower utility costs. 
Kai Ani Village
Kai Ani Village 12-101
Kihei
$849K (FS)
Prepare to be captivated by this charming 2 bedroom, 2 bath ground floor corner unit, perfectly positioned with the extra windows bringing in the natural light. Immerse yourself in the ultimate virtual experience by watching our video and exploring the 3D virtual tour. Featuring high ceilings, generously proportioned rooms, and an abundance of closet space. 
Kai Ani Village l
Kai Ani Village 2201
Kihei
$950K (FS)
This beautiful 2nd-floor condo at Kai Ani Village with a garage and additional room is now for sale. Boasting 2 bedrooms and 2 bathrooms, both ensuite, this charming residence offers a comfortable and luxurious living space. Spanning an impressive 1,306 square feet with 9 foot ceilings, this condo also features an additional 3rd room that can be utilized as a loft, allowing for flexible use according to your needs and preferences.
 

Vacant Land

569 Liholiho
569 Liholiho Street
Wailuku
$450K (FS)
Bring your ideas and contractor to this ocean view vacant lot. This approx. 1/4 acre lot is zoned R-3 and is perched above the Kahului Harbor. Per Maui County, this lot is zoned for a main house plus two accessory dwellings. Kanaha Beach Park is a short drive away and a water sports enthusiast’s playground. The property is conveniently located near essential amenities.
 

 
The Smith Team
www.MauiSales.com
(808) 572-0866
 
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

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