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 1003 May 24th, 2022
 

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 

 
Sapphire Seas

 gg 

1498 Halama Street
Kihei
$16.5M (FS)


Retreat to Maui

 

If you ever dreamed of owning your own retreat center on Maui, the opportunity is at hand. Few properties on Maui are lovelier or more unique in terms of history than this plantation style property at 1813 Baldwin Avenue, the current home of Lumeria Maui which will enter the market for sale for $25 million. This heritage home, originally built in 1910 for Fred C. Baldwin has served many people and purposes over the years from military housing during WW11 to dormitories for Maunaloa Women’s College students and plantation workers. Learn more about its unique history here and current use as one of Maui’s premiere North Shore retreat centers at lumeriamaui.com.

 

Mahalo Nui Loa,

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

The Smith Team

 

P.S. Of all the lovely beaches in Hawaii, Kaanapali Beach on Maui’s west side may be the loveliest. It has earned top place this year, according to an article by Hawaiian Magazine, 5 Best Beaches in Hawaii.

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Market Watch
 
Active
Pending
Sold
Change
Homes
198 (161)
190 (108)
1289 (709)
+6
Condos
161 (85)
312 (153)
2165 (604)
+5
Land
108 (55)
 44 (11)
330 (105)
-1
Total
467 (301)
546 (272)
3784 (1418)
+10
 
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 Over $1M

 985 Kapuhau 
985 Kapuhau Place
Kihei
$1.3M (FS)
This remodeled 3 bedroom 2 bath main house with real wood floors and all new finishes. 2 bedroom 1 bath detached ohana and additional detached rooms or storage and a Large Mango tree in backyard. Property condominiumization in progress but being offered as a whole.
kau
2728 Kaupakalua Road
Haiku

$1.945M (FS)
This is the ideal family compound. Buy both, or buy separately. 2728 Kaupakalua Unit A is a 3/2 Home. 2726 Kaupakalua Unit B is a 2/2 Home. Available separately or together. Each home is 2,180 SF under roof. Built by one of Maui's most respected builders.
 
62 HALELO
61 Halelo Street
Kaanapali

$2.195M (FS)
This home features amazing views of Kaanapali Golf Course and is surrounded by an astounding tropical setting. 4 Bedrooms, 2 Bathrooms plus a Studio and half bath. The main kitchen features granite counter tops, a center island equipped with an electric cooktop and stainless steel appliances.
641 Luahoana Pl
641 Luahoana Place
Wailuku

$3.4M (FS)
Savor beautiful ocean views from this custom single-level home with 5 bedrooms on over 2 acres of beautifully landscaped land. Enjoy the peace and quiet of country living while still being conveniently located just minutes away from Central Maui's business and medical centers. 
 
pretty138 Awaiku Street
Launiupoko

$5.5M (FS)
Gorgeous fully furnished Bali inspired 3832 sf, 6 bedroom ensuite home on 2 acres is nestled at the base of the West Maui Mountains in Launiupoko. Each room has a unique decor with a private outdoor shower and lanai to enjoy the lush tropical landscaping. 

 

Homes Under $1M

733 Pelenaka Pl
733 Pelenaka Place
Makawao
$780K (FS)
Enjoy a rural lifestyle, while still being close to grocery stores, schools, eateries, parks, and Wailuku and Kahului. Located on a private cul-de-sac, this 3 Bedroom, 2 bath is the perfect place for a starter home, to raise a family, or to retire. 
 
650 Pona Way
650 Pona Way
Kahului

$880K (FS)
The front main house offers 3 Bedrooms, 1 full bath and half located in the carport along with the laundry room. The kitchen has tile flooring and propane range. Upgraded wood flooring in living room makes for a cozy touch. Ohana was remodeled in 2012 adding 3 bedrooms, a bonus room and a bath.
 
beautiful
104 Kamahao Circle
Waikapu

$995K (FS)
A spacious 4 bedroom 3 bath home with a separate family room. Corner fenced lot for your privacy. This home you can feel comfortable and safe with your family. 
 

Vacation Condos Over $1M

Kaanapali Plantation
Kaanapali Plantation 7
Kaanapali

$1.175M (FS)
Kaanapli Plantation is one of the more sought after condominium properties on the west side, these condominiums seldom come up for sale. Sits on the golf course, awesome ocean views. 
 
Kapalua Bay Villas
Kapalua Bay Villas 14-G2
Kapalua

$1.399M (FS)
This tastefully designed one bedroom, one bathroom condo 1,006 sq. ft. offers outstanding ocean views and contemporary décor. A large deck for ample outdoor living space and enjoying the sun and Maui beauty also excellent views for Whale Watching.

Customer Listing Synopsis
 

Wailea Ekolu
Wailea Ekolu 1601
Wailea

$1.399M (FS)

This spacious ground floor corner unit condo has a residential feel, with two master en-suites and a private lanai opening up to a tropical garden oasis with large yard and peek a boo ocean view. This unit is conveniently located and comes turn-key and fully furnished with open parking.

Customer Listing Synopsis

 

Wailea Point
Wailea Point 2303
Wailea

$6.495M (FS)
A natural chiseled white marble feature wall, soaring 20+ft high clear cedar ceilings, a custom mahogany spiral staircase to bedroom 3 & European natural white oak flooring speak warmth & refinement. For a moment, it is hard to notice anything beyond the rich verdant green & blue ocean views framed by the 18ft wide bay windows.

Vacation Condos Under $1M

Maui Vista
Maui Vista 1125
Kihei

$640K (FS)
Welcome home to this beautifully appointed South Maui Condo. Just steps to some of the most famous and pristine beaches in the World. Paddle-boarding, surfing, kayaking, Snorkeling, or watching gorgeous sunsets before walking to nearby stores and restaurants all within a short stroll. 
hono
Maui Kai 404
Honokawai

$915K (FS)
This beautiful 4th floor, ocean front, one bedroom offers spectacular sunsets, whale watching and island views of Lanai and Molokai. The Maui Kai is an unusual property featuring all direct oceanfront units. Privately tucked away on Kaanapali Shores Place.

Customer Listing Synopsis

Video/Virtual Tour

Maalaea BanyansMaalaea Banyans 404
Maalaea

$950K (FS)

Maalaea at its finest 2 bedroom 2 bath with bonus room Maalaea Banyans with straight on Ocean Views in this Oceanfront complex centrally located to all parts of Maui. Watch Whales play and the tour boats come in and out of Maalaea harbor while being mesmerized by the views right from your own Lanai.

Customer Listing Synopsis

Video/Virtual Tour

Kihei Parkshore
Kihei Parkshore 13
Kihei

$999.5K (FS)
From the moment you enter this beach condo, you will be mesmerized by the ocean and island views along with surfers, paddlers, and breaching whales (during whale season) keeping you entertained throughout the day And, of course, you will always be grateful for the daily sunsets that will take your breath away. 

Residential Condos Over $1M

Kanani Wailea
Kanani Wailea 23
Wailea
$1.999M (FS)
Wailea Kanani is gated, has many amenities which include a saltwater pool, hot tub, entertainment area with kitchen facilities and an exercise room. Kanani is a great fit for someone who is seeking the privacy of residential living with the ease of maintenance that comes with residential condominium ownership.
koroHokulani Golf Villas 28
Kihei
$2.275M (FS)
Enjoy the breathtaking views of the ocean and 18th fairway of the Elleair Maui Golf Course from this single story, move-in ready home with it's large open concept floor plan. This luxury home boasts 12 ft. ceilings throughout with 8 ft. doors, crown molding, a gourmet kitchen with granite countertops that is perfect for entertaining, air conditioning, and so much more.

Customer Listing Synopsis

Residential Condos Under $1M

  Harbor Lights   Harbor Lights B-214
Kahului

$235K (FS)
Excellent condo in Central Maui location close to beaches, shopping, grocery stores, schools, parks, the university, and the Maui Arts and Cultural center. Complex includes in-ground Pool, recreational area, BBQ area, koi pond, and coin-operated laundry area in each building.   

Customer Listing Synopsis

Southpointe at Waiakoa
Southpointe at Waiakoa 13-203
Kihei

$499K (FS)
This bright and open upstairs unit is perfect for the buyer with vision, and even better if the buyer is handy. While it is clean and livable, the unit is mostly original except for the appliances. The stainless refrigerator, range/oven, hood, and washer/dryer are all relatively new and in great shape.

Customer Listing Synopsis

Video/Virtual Tour

Kahului Ikena
Kahului Ikena 212
Kahului

$650K (FS)
This 3 bedroom 2 bath 900 sqft gem, with a convenient floor plan, new Kitchen tile floor, cabinets and counter tops, brightens up this ground floor unit . 2 parking stalls included, 9 and 115C. There's a cozy outside patio for plants and relaxing and minutes away to the Kaahumanu Shopping Center, Maui College, Hospital and more.
 

Vacant Land

1740 Kokomo Rd
1740 Kokomo Road Lot B
Haiku
$649K (FS)
Magical opportunity to own land on Maui at an affordable price in one of the best locations in Haiku. Conveniently located across from Giggle Hill, one of the best surf spots in the world.The sale of the land will include an adorable Tiny home on wheels, with solar and it's own septic, no warranties. 

 
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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