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 1045 March 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)
New Properties 
Price Reductions  

Short Sales

New Properties

Price Reductions 

Beautiful Oceanfront Home 
   5157 Lower Honoapiilani   

5157 Lower Honoapiilani Road

$7.5M (FS)

Why is Maui nō ka ‘oi?

There is a saying in Hawaii.  Maui nō ka ‘oi. This phrase literally means, Maui is the Best. If you are interested in the derivation of this phrase, please click here.


Those of us who have lived on Maui for a long time understand quite well why this is true. Of course, visitors to Maui also know this as well as shown by the strength of our tourism industry which consistently is at the top of the rankings for hotel occupancy, room rates, etc.


Maui’s popularity was recognized by USA today in a recent article where Sheraton Maui Resort & Spa was named the Best Hotel in Hawaiʻi in the publications 10 Best Readers’ Choice Awards. In addition, Maui dominated the top 10 list with 4 other resorts and 6 out of the top 10 restaurants.


Although not mentioned in this US today article, I would add that the other big attraction for visitors and kama’aina alike, is the beaches. Again, Maui holds the top spot for best beaches in the United States as reported by US Today.


If you dream of relocating or owning a vacation home on Maui, The Smith Team is ready to help you realize that dream.


Have a wonderful week.

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. With the failure of two large banks in the last several days, many people may be wondering what the safest place to put their money is. Here is a well written article that explains why real estate is the safest place to invest your money.
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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
February 2023

Homes Over $1M

148 Ehilani Street
$1.425M (FS)
Here you will find a 3 bedroom, 1 bath main house with an attached studio including a full bath and a detached 3 bedroom, 2 bath cottage nestled in a lush private half-acre lot. The main house has a large covered lanai, skylights in the kitchen and bathroom, a fireplace, built-in shelving, recessed lighting, hardwood floors, and natural light throughout.
690 E Kuiaha
690 East Kuiaha Road

$1.685M (FS)
This architecturally unique and one-of-a-kind residence is an oasis of tranquility. The custom-designed 1,614 square-foot, 3 bedroom, 2.5 bath home is a wood lover’s dream. It has hardwood flooring, solid mahogany entry doors, koa wood stairs, whitewashed birch walls, a kitchen bar made from koa and black walnut.
232 Aukahi St
232 Aukahi Street

$2.249M (FS)
This 4 bedroom 3 bath ocean view corner lot home is located on a quiet street 2 blocks to Wailea and 5 min to South Maui's sandy beaches. Situated a few blocks from Kamalii School and the future Kihei high school is just a few miles away. This home is not a tract house and boasts a large oversized kitchen, an ample custom primary suite upstairs as well as two more bedrooms and guest bath upstairs.
1065 Piiholo
1065 Piiholo Road
$2.995M (FS)
Upon entering the home, you'll be greeted by a light-filled great room with vaulted ceilings. The home has been beautifully renovated in a modern farmhouse style. 4 bedroom, 4.5 bath contemporary main house, plus a 886 sf 2 bedroom, 2 bath contemporary detached cottage, and a separate detached 2 car garage ready for your toys, cars, etc. All fully renovated and move in ready.
115 Kaimanu Place
$3.35M (FS)
 A private sanctuary a world away, yet only a stone's throw from Wailea's finest white sand beaches, world class golfing, restaurants and shopping. Once you enter this over 4000 sq. ft Mediterranean estate you will quickly feel old world charm and sophistication with unsurpassed tranquility.

Homes Under $1M

 324 Waiehu324 Waiehu Beach Road
$799K (FS)
Completely remodeled home with new interior and exterior walls, windows, roof and trusses, electrical and plumbing, and flooring. Home has a large kitchen with brand new stainless steel kitchen appliances, cabinets, granite counter tops. Energy saving solar water heater. High ceilings throughout give the home a spacious feel.
1705 Makahala
1705 Makahala Place
$985K (FS)
Brand new construction 4 bedroom homes. Designed with a thoughtful open concept and spacious room sizes, these homes are the opportunity you've been looking for. The 4 bedroom floorplan has an oversized 528sf 2 car garage. Construction is scheduled to be completed in Summer 2023.
55 Hapapa Road
$985K (FS)
Peek-a-boo ocean views. Country setting. Light and bright. 2 bedroom 1 bath charmer. Lots of windows to enjoy nature, mountain and ocean views. Recently remodeled. Beautiful blend of wood, windows and openness. Neat, clean and ready to make your home sweet home. The mature protea and trees provide nice privacy. 

Vacation Condos Over $1M

Hololani B-502

$1.1M (FS)
This 2 bedroom 2 bathroom features a spacious living area that provides ample space for relaxation, while the fully equipped and tastefully upgraded kitchen and dining area provide all the comforts of home. The master bedroom features a comfortable king-size bed. Making it the perfect choice for families or groups of friends.

Customer Listing Synopsis

Video/Virtual Tour

Mahana 118

$1.279M (FS)
This exceptional beachfront vacation condominium has been elegantly updated with porcelain tile flooring throughout, top of the line materials, and designer finishes. There is a fully equipped kitchen with granite counter tops and stainless appliances, and a large walk-in shower with pebble flooring. Lined, woven wood draperies in the bedroom and living area provide privacy when desired and at night.
Menehune Shores
Menehune Shores 427
$1.395M (FS)
Elegantly appointed remodeled 2 bedroom 2 bath unit located on the 4th floor with awesome ocean views. Stunning end-unit with integrated air conditioning with nearly 900 square feet of relaxing living space. Fully equipped kitchen with washer and dryer in unit. Complex has a great rooftop deck with amazing sunset and ocean views.
Puamana 161-2
$1.595M (FS)
Beautifully remodeled 1 bedroom 2 bath with a large loft 2nd bedroom townhome just across from the beach. The tasteful remodel features the use of granite, travertine, plank flooring, bamboo cabinets, and quality finishes throughout. The master suite is located on the ground floor with private access to both the front and lanai’s and the full-size loft second bedroom upstairs enjoys an open spacious feel with two large skylights and windows.
Kapalua Ridge
Kapalua Ridge 1611-13
$1.95M (FS)
Spacious 2 bedroom 3 bath apartment with fantastic ocean views. Views also of Molokai and Oneloa Bay. All on one level with no steps from the assigned parking make this extremely accessible. Come enjoy all that The Ridge has to offer including an extremely low density with only 161 units spread around 21.5 magnificently landscaped acres.
Kapalua Golf Villas
Kapalua Golf Villas 25-T6&7
$1.95M (FS)
It is one of only a handful of 2 bedroom units at Kapalua Golf Villas that has a single level floor plan, no stairs for access and stunning ocean, golf course and year-round sunset views. This corner unit has an expanded, spacious living and dining areas unique to this floor plan. The two en-suites master bedrooms allow for complete privacy and separate ingress/egress.
Wailea Elua
Wailea Elua A-907
$3.7M (FS)
Enjoy a wonderful 2 bedroom 2 full bathroom, first floor vacation home that been lovingly upgraded and cared for by the current owners over the last 11 years. This unit is located in the beachfront section of Elua Village, close to the main pool and pavilion, gym, office, and BBQs/kitchen area. 
Makena Surf
Makena Surf C-106
$4.985M (FS)
This wonderful condo is perfectly perched on the top of the hill overlooking Po'olenalena Beach. Occupants enjoy additional privacy thanks to the u'lua heiau (fishing shrine) thought to be one of the landmarks directing ancient Hawaiians to one of the best fishing spots. No one is permitted to enter this area. The lanai was beautifully expanded.

Vacation Condos Under $1M

Kihei Kai Nani
Kihei Kai Nani 211

$759K (FS)
This beautiful 1 bed 1 bath, 621 sf. vacation rental has recently been remodeled. Upgrades include a spacious new kitchen, modern appliances, a ceramic sealed cooktop with oven, microwave, upgraded bathroom and new flooring inside the unit and lanai. The unit comes with 2 new AC split systems in living room and bedroom. 
Mahina Surf
Mahina Surf 111
$799K (FS)
This one-bedroom condominium features tile flooring throughout and a full-size kitchen. The unit is offered furnished and turnkey, ready for vacation rental. Mahina Surf is a tranquil resort property with 56 units, located oceanfront. Meander down to the naturally rocky shoreline where green sea turtle like to play.
Maui Vista
Maui Vista 1110
$850K (FS)
All the right things were done and done well in this gorgeous ground floor unit in the front building at Maui Vista including tile flooring throughout the main living area extending out to the lanai. Custom bamboo cabinetry, thermo-paned windows and slider keep this unit cool, clean and quiet. Enjoy the serene garden setting on the spacious lanai. 

Residential Condos Over $1M

Ke Alii Ocean Villas H-104
$1.399M (FS)
This home boasts 2 bedrooms and 2 full baths and a 280 Sq Ft covered lanai. Spacious kitchen with granite counter tops, ample storage, and a breakfast bar. Additional features include private entrance, indoor laundry, one car garage, reserved parking spot. When the sun goes down and the night begins you can enjoy the gorgeous sunsets from your private lanai.
Kai Malu
Kai Malu 75-A
$2.9M (FS)
This 3 bedroom 2.5 bath unit is the private “Lewa Model” w/master upstairs to enjoy ocean, sunset and whale watching lying in bed with an exclusive en-suite bath, shower, and soaking tub. 2nd upstairs bedroom and ensuite captures the epic Haleakala volcano, the rolling green hillside of Ulupalakua, and the 6th fairway sunrise views. 

Residential Condos Under $1M

  Maui Lani Terraces
Maui Lani Terraces A-303

$439K (FS)
Remodeled and quiet fee simple unit located in the center of the Maui Lani Terraces complex away from road noise, but with great pool and mountain views! Step out on your lanai and see if your favorite pool chair is available! Totally move-in ready with new finishes and newer (2021) furniture. 

Customer Listing Synopsis

Iao Parkside
Iao Parkside 21-203
$475K (FS)
Welcome to this 2 bedroom, 2 bathroom unit nestled in the heart of Wailuku in the highly desirable pet-friendly complex of Iao Parkside.  Enjoy the gentle sounds of nature as you relax on your lanai, taking in the stunning views of the west Maui mountains and the valley of Iao. This unit has been maintained, making it move-in ready.
Kihei Shores
Kihei Shores C-304
$525K (FS)
This is a charming two bedroom, two bathroom unit located in the highly desirable area of South Kihei on Maui with a private lanai setting. Directly across the street from Kamaole Beach Park III, perfect for swimming, boogie boarding, frisby and picnics. Also, in close proximity to dining and shopping.
Villas at Kenolio
Villas at Kenolio 8-D
$759K (FS)
This mostly furnished ground floor unit has a nice lanai area for outside entertainment and ease of access right out the back sliding glass door to the pool and work-out facility. The pool deck replacement project is currently underway to upgrade the pool deck area. The exterior of the building was just recently painted. This 3 bedroom 2 bath unit has had both bathrooms recently renovated, newer appliances.
Townhomes at Kamalani
Townhomes at Kamalani 2001
$775K (FS)
This stunning three bedroom, two and a half bath townhome is the perfect blend of quality and convenience. Boasting a spacious one-car garage and a small yard, this townhome is ideal for anyone who wants low maintenance living, while enjoying the feel of a single-family home. 

Vacant Land

805 Kukia Place Lot A

$450K (FS)
This vacant lot will provide unobstructed sunset views with just enough land for living the easy Maui life. The 20,000sq.ft. lot gives you room to build, have a garden, and enjoy a flexible lifestyle yet not tied down to the maintenance of a larger lot. Here you're enjoying the amazing views, wide open south shore views, Maalaea Harbor, West Maui Mountains, and the fields of central Maui. 

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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