Affordable Hawaii Real Estate and Maui Real Estate with the Smith Team

Issue 1220 | August 19, 2026

Aloha ,

In this newsletter:

Breathtaking Olowalu Oceanfront

410537-883BA503-3170-4B2D-994C-D11E1692328A

49 Kuahulu Pl
Olowalu

$15M (FS)
 

 

Experience the relaxed beauty of the Hawaiian lifestyle in this special West Maui oceanfront estate. Set on two acres of lush, naturally landscaped grounds within a small gated oceanfront community, this tropical paradise offers a rare combination of space, comfort, privacy, and authentic indoor-outdoor island living. The 3-bedroom, 3.5-bath main home is warm, open, and designed to embrace Maui’s natural surroundings. Cathedral ceilings, polished concrete floors, and open living spaces invite the ocean breeze indoors.
   

Listing Details 
Video Tour

  July Data Shows Surge in Condo Sales as Single-Family Market Cools

Aloha!
 

The latest market figures from the Realtors Association of Maui reveal a clear divergence in buyer activity across Maui County this past July. While the single-family home market experienced a seasonal cooling period, the condominium sector saw a substantial rebound in closed sales compared to the same time last year.

Here is a breakdown of how the numbers landed for July:

  • Condominium Market Activity Gains Momentum: Condo sales surged by 54.7% year-over-year, rising to 82 units closed in July (up from 53 in July 2025). The median sales price for condos edged up 2.2% to $690,000, while total dollar volume jumped 72% to reach $83 million.

  • Single-Family Homes See Modest Slowdown: Single-family home sales dipped 8.3% compared to last year, with 55 homes sold during the month. The median sales price for single-family homes settled at $1,150,000—a 12.5% decrease from July 2025—while average days on market shortened to 135 days.

  • Market Dynamics: Real estate professionals note that buyer interest remains steady, but conditions vary significantly depending on property type, price point, and specific neighborhood micro-markets.

This surge in condo activity underscores growing buyer confidence as legislative clarity around property zoning continues to progress, prompting many who were waiting on the sidelines to re-enter the market.

Read the full article: Condo sales climb, single-family home sales slow in Maui County in July.

Mahalo Nui Loa,
 

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

The Smith Team

P.S. Short-term Rental Zoning Update: August 19 Maui HLU Meeting

 

Market Watch

  Active Pending Sold Change
Homes 468 (401) 104 (71) 722 (531) -4
Condos 853 (288) 124 (30) 769 (193) +12
Land 223 (85) 14 (1) 142 (35) -7
Total 1544 (774) 242 (102) 1633 (759) +1

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

Market Statistics

Updated list of all bank-owned and short-sale properties:

Bank-owned
Short sale



Homes Over $1M

409867-259b7eae-7714-4a91-b41b-cb1f3046efb8

130 Kamahao Cir  

Wailuku

$1.185M (FS)

Updated Waikapu Gardens Gem: Move-In Ready with Flexible Living. Experience the perfect blend of modern updates and Central Maui convenience in this thoughtfully updated 4-bedroom home in highly desirable Waikapu Gardens. Step inside to brand-new, modern light plank flooring that runs throughout the main living areas, creating a bright and cohesive atmosphere.
 

Customer Listing Synopsis 
 

407417-2864e86c-15d8-48ff-a91f-2ba5669c0183

206 Oluea Cir 

Kihei

$1.200M (FS)

OFFERED BELOW APPRAISED VALUE. Welcome to 206 Oluea Circle, a stunning plantation-style residence in the highly sought-after Kamali‘i Alayna neighborhood of Kihei. This beautifully maintained home perfectly balances spaciousness, elegance, and island comfort offering a luxurious retreat just moments from Maui’s golden sand beaches.
 

Customer Listing Synopsis 
Video Tour

407427-4be85860-a4ee-4b72-a934-f9413f76f4df

53 Waikai St 

Wailea

$1.750M (FS)

Motivated Seller — Unbeatable Wailea Value Steps from Keawakapu Beach! The seller is highly motivated, presenting an extraordinary opportunity to secure a beautifully upgraded residence in Wailea Kai, one of South Maui’s most desirable gated communities. This is your chance to capture timeless island luxury with unmatched value in today's market.
 

Customer Listing Synopsis 
Video Tour

408083-c49c2909-a780-4b51-80fa-1b9f94fed51d

2760 Umeke Cir

Kihei

$1.895M (FS)

Also listed under Condominium MLS# 408082. Welcome to Hokulani Golf Villas, Home #94. A golf community offering single-level luxury with the ease of condominium living. This sold partially furnished 2-bedroom, 2-bathroom villa plus an office is privately set along a large open green space, capturing warm sunset lights all year-round and peaceful surroundings. 
 

Customer Listing Synopsis 
Video Tour

Homes Under $1M

410287-c8f2c81f-8ee7-423a-b021-2f8fbf95bbf4

272 Hoalike St 
Kihei

$752K (FS)

3-bedroom, 1 and a half bath, 1,320 square foot home on a 7,614-lot in Northeast Kihei. Short drive to Mai Poina and Kalepolepo Beaches. Make it your own. Jump on this great deal before its gone! All buyers are responsible to confirm City, County, Zoning, Tax, and other records to their satisfaction before bidding.



Customer Listing Synopsis 
 

407981-cd48f71e-3c46-4ec8-88cc-dcf2d0b0c478

180 Hoomoku St
Kahului

$895K (FS)

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 
Video Tour

410476-004f78a5-e719-4974-bcd2-f77557144235

53 Polale St
Kihei

$999K (FS)

Featuring owned PV, a single-level layout, and moments to the beach, this exceptional Kihei home in the sought-after Piilani Villages II community has it all. Spanning 1,478 square feet of comfortable living area, the 3-bedroom, 2-bath residence boasts vaulted ceilings and an open-concept design.

 

 Customer Listing Synopsis 

Vacation Condos Over $1M

410545-60FCE242-C6CC-41F8-BD13-D7D28CDBD2D1

Kamaole Sands # 5-116
Kihei

$1.399M (FS)

Welcome to your luxurious retreat at Kamaole Sands in South Kihei, Maui! This exceptionally rare, single-level, ground-floor vacation rental condo boasts 3 bedrooms and 2 bathrooms, offering a sprawling 1,211 square feet of interior living space. The outdoor area features 2 private covered lanai's in a serene garden like setting.
 

Customer Listing Synopsis 

410006-3d1814f7-3806-4552-a276-824ef327c002

Honua Kai - Hoku Lani # SR613 
Kaanapali

$1.599M (FS)

HOTEL ZONED - Welcome to Honua Kai Resort's Hokulani 613, a beautifully maintained 1-bedroom, 1-bathroom condo with stunning ocean views. If you know the Honua Kai Resort and Spa then you know how rare the inner-courtyard one-bedroom units are.
 

Customer Listing Synopsis 
 

407104-35f52f40-efa9-4b3d-bbac-7d7327e48ffc

Kaanapali Alii # 2-305 
Kaanapali

$2.395M (FS)

Ka'anapali Alii 2-305 offers a desirable 2bd/2ba corner floor plan captivating views of both the inner courtyard and the ocean. Updated with granite counters, stainless steel appliances, and tile flooring throughout. Hotel zoned for short-term rentals, combining lifestyle and investment potential. 
 

Customer Listing Synopsis 

408836-4fb28f91-2b8d-4405-ad9e-f2b47101bca0

Kapalua Ridge # 1723 24 
Kapalua

$2.550M (FS)

Perched at the top of The Ridge at Kapalua, this 3-bedroom unit offers the ultimate combination of stunning ocean views, luxurious space, and modern decor. Remodeled in 2016/2017, this unit has been primarily used as a second home, but it is also a highly sought-after short-term rental unit, due to limited comparable inventory. 
 

Customer Listing Synopsis 

408777-1abafa90-cb71-4bf1-84cc-0d3ee205a17c (1)

Makena Surf # B304 
Makena

$3.495M (FS)

Experience refined beachfront living at Makena Surf, a gated oceanfront community in one of South Maui’s most private and coveted settings. This beautifully updated 2-bedroom, 2-bath residence offers unobstructed panoramic ocean views and sits directly on Po’olenalena (Chang’s) Beach, where golden sand and year-round sunsets become part of your daily routine.
 

Customer Listing Synopsis 
Video Tour

Vacation Condos Under $1M

408625-d9423c57-38a6-43ce-81de-ec5f35ced5b6

Kamaole Sands # 3-403
Kihei

$849K (FS)

Enjoy island living at Kamaole Sands Unit 3-403, a top-floor 2-bedroom, 2-bath condo offering approximately 1,188 sq. ft. of living space. Located in the desirable Building 3, this unit features a nice ocean view along with beautiful views of the pool and lush tropical grounds from the private lanai-perfect for relaxing and enjoying the island atmosphere. 

 

Customer Listing Synopsis 
 

407218-496c30c4-409b-4d73-9f82-6f4bc48a370e

Kamaole Beach Royale # 604
Kihei

$899K (FS)

Kamaole Beach Royale in the heart of the Kihei beach scene is hotel-resort zoned, allowing short term vacation rentals under current zoning. Unit 604 is a rare 6th floor 1 bedroom/1 bath unit. Located just across from the popular Kamaole Beaches, plan your beach vacation with surfing, paddling, or just relaxing.

 

Customer Listing Synopsis 
 

410422-ddb76437-e4a7-422b-a603-d2f9e3d14175

Luana Kai # D305
Kihei

$995K (FS)

Experience true oceanfront living in this beautifully positioned top-floor condo offering unobstructed, front and center panoramic views of the Pacific. Enjoy sweeping 180’ vistas, where breathtaking sunsets and year-round coastal beauty become part of your everyday life. 

 

Customer Listing Synopsis 
 

Residential Condos Over $1M

410456-D65C4EEA-54CD-4E8B-A435-DAF5F49055EE

Villas at Kehalani # 901
Wailuku

$1.199M (FS)

Welcome to Villas at Kehalani Unit 901, a beautifully maintained 3-bedroom, 2.5-bath corner townhome offering exceptional privacy, abundant natural light, and sweeping views of the Central Valley, ocean, Haleakala, and the West Maui Mountains. The thoughtfully designed open-concept floor plan is ideal for comfortable island living and effortless entertaining. 
 

Customer Listing Synopsis 
 

410523-4ed8c9d5-52c1-471c-b985-ee783e31e168

Paradise Ridge Estates # 502
Kihei

$1.299M (FS)

Beautifully Upgraded/Designed, Fully Furnished 2 Bed/2 Bath Condo, Recently Built in 2023, in the Gated, Paradise Ridge Estates Neighborhood with Community Heated Pool/Spa! Very Private, only 32 homes! Location! Location! Location!
 

Customer Listing Synopsis 
 

410487-a6309cc1-033d-49c4-85b4-9c35f1051ce3

Wailea Palms # 2703
Wailea

$1.557M (FS)

Welcome to Wailea Palms 2703, move-in-ready and fully furnished, spectacular and renovated ground-floor 2 Bedroom, 2 Bath residence in one of Wailea's most sought after gated communities. Offering zero stairs from the parking area to the unit. 2703 combines effortless convenience with refined island living.
 

Customer Listing Synopsis 
Video Tour

410509-ef35316f-92c1-40c2-9b89-bf628ca086d1

Vintage at Kaanapali # 60
Kaanapali

$2.150M (FS)

Also listed as a Residential (MLS 410510). Welcome home to panoramic ocean and island views from a premier elevated location at The Vintage at Kaanapali. This beautifully remodeled and fully furnished 3-bedroom residence offers approximately 2,200 square feet of living space. The home backs to the Kaanapali Kai Golf Course, while expansive green space in front creates a remarkable view plane showcasing ocean views from both levels. 
 

Customer Listing Synopsis 
Video Tour

Residential Condos Under $1M

410546-CC89157D-2E2F-4E52-BDE7-5F369FA85C32

Iao Parkside I # 14-204
Wailuku

$499K (FS)

Priced at $499,000-well below the current County assessed value of $571,800-this beautifully remodeled 2-bedroom, 2-bath residence offers exceptional value in the heart of Wailuku. lao Parkside 14-204 features 830 square feet of interior living area and a thoughtful 2018 renovation, including Corian countertops, cherrywood kitchen cabinetry, and attractive laminate flooring throughout.

 

Customer Listing Synopsis 
 

410539-17a30ebb-5f5e-40a5-9362-594e2eaab1c9

Keonekai Villages # 19-101 
Kihei

$499K (FS)

Ground-Floor South Kihei Oasis: Experience the magic of South Kihei living, where the air smells of saltwater and the pace of life naturally slows down. Tucked away in the quiet, long-term residential enclave of the Keonekai Villages, this ground-floor, two-bedroom condo captures that exact essence. Freshly painted, deep-cleaned, and move-in ready.

 

Customer Listing Synopsis 
 

409759-e85ba963-f8d9-4054-a0bf-d19743ee0550

Hoolea Terrace at Kehalani # 406 
Wailuku

$559K (FS)

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 

406612-d614c40c-14e2-47a6-b49f-dd572ca7da52

Haleakala Gardens # 12E
Kihei

$675K (FS)

Welcome to Haleakala Gardens, a pet-friendly complex just one block from the ocean and steps to Kalepolepo Beach and Waipulani Beach Park. Nestled in lush tropical landscaping, this top-floor, garden-view unit in Building 12 offers peace and privacy with a beautifully remodeled interior. This spacious 3-bedroom, 2-bathroom home features soaring vaulted ceilings and a thoughtful full renovation from top to bottom.  
 

Customer Listing Synopsis

410377-3fe8264a-b89f-4304-ab8c-4470511b619d

Villas at Kenolio I # 1C
Kihei

$689K (FS)

Experience the largest condo floor plan at Villas at Kenolio with this spacious 3-bedroom, 2-bath with an enlarged kitchen and the 3rd bedroom is the upstairs loft area! Thoughtfully updated, the kitchen offers stainless steel appliances, open shelving, and a functional layout that flows into the bright living area. 
 
 

Customer Listing Synopsis

410508-eba2c62c-af89-495a-89d2-826e418d4905

Villas at Kahana Ridge # 124
Kahana

$735K (FS)

Amazing opportunity to own your own home on Maui with this three-bedroom 2-bath condo at the Villas of Kahana Ridge. Enjoy partial ocean views from the lanai and two bedrooms. Easy access with no stairs, single level unit, enter on parking lot level. Unit has been well maintained and upgraded with bamboo flooring.
 
 

Customer Listing Synopsis

410359-e1428ca3-7afd-4aee-9b76-bddc0f0b056b

Kai Ani Village # 12-102
Kihei

$859K (FS)

Kai Ani Village is located in the heart of Kihei near restaurants, shopping centers, and Lipoa Street beach. This property features resort-style amenities including a saltwater infinity edge pool, cabanas, bbq areas and a spa. Unit 12-102 is a two bedroom, two bathroom condo located in a quiet location on the ground floor with 1,032 square feet of living space.
 
 

Customer Listing Synopsis

Vacant Land

410288-33d70bfc-0a4c-49c6-8ee2-2c4b16476be6

33 Kamakoa Loop
Wailuku

$515K (FS)

Discover an exceptional opportunity to build your custom home in the coveted gated community of Sandhills Estates. This prime 8,917 sq. ft. vacant residential lot is cleared, build-ready, and ideally situated in one of Central Maui's most desirable neighborhoods. Located between Wailuku and Kahului, this level homesite offers the perfect blend of luxury, convenience, and privacy. 
  

Customer Listing Synopsis 
 

Experience the allure of Maui beachfront living in this stunning oceanfront residence that captures the essence of island sophistication. Perfectly positioned on the 6th floor of Wailea’s premier Hotel Zoned community, this beautifully appointed 2-bedroom, 2-bath condominium offers breathtaking panoramic views of the Pacific, Molokini, and Kaho‘olawe — where every sunset paints a masterpiece across the horizon.A great opportunity is now an UNBEATABLE ONE! Motivated Sellers just slashed the price by $36,000 making it the 2nd most affordable 3 bedroom on Maui & an astonishing $106,000 less than the next one with a yard! They also paid the $24,600 roof & railing assessment, saving you $225 every month up to 6/1/33! Ready to put down roots in central Maui? This welcoming ground-floor, corner unit offers exceptional value for those looking to stay close to work, school and everyday life.Exceptional 58-acre agricultural estate comprised of eight separate TMKs, featuring a unique combination of high-quality improvements, established income, and long-term flexibility. The property includes three substantial ag buildings, two fully automated commercial greenhouses, and extensive infrastructure throughout. Improvements include a 1,300 sq ft Ag Office/Studio (2023) with slab-on-grade construction, 2x6 framing, Marvin windows, hardwood floors, split-pitch roof, R-19/R-30 insulation, Lutron automated lighting and shades, and Sonos audio.Ocean views, privacy, and flexible living come together at this Mahinahina cul-de-sac property, set on a spacious flag lot with a fenced yard designed for relaxed indoor outdoor island living. The yard offers space for pets, play, and everyday enjoyment from both the lanai and grassy area. Configured as a two bedroom, one an a half bath, plus den on the upper level and a two bedroom, one bath ohana below, the layout offers ideal separation for multi generational living, guests, or rental potential.This beautifully updated, beachfront, hotel zoned vacation rental condominium delivers a turnkey opportunity for the savvy investor or resident seeking modern finishes and lanai ocean views. The entire unit has been thoughtfully remodeled with a clean, contemporary aesthetic. A Fleetwood sliding glass door and upgraded windows significantly reduce outside noise while adding to the unit’s refined finish.


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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
US

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