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Aloha {FIRST_NAME
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In this newsletter:
Short Sales
Homes (0)
Condos
Land
New Properties (0)
Price Reductions (0)
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Exquisite & Spectacular Beachfront Home
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Market Update
2019 is flying by, and with that in mind let’s take a look at some of the numbers represented in our Maui real estate market! Sales are down island wide, but the median prices for Residential Homes, Condominiums and Vacant Land have all risen. For Residential Homes the current median price is $740K, for Condominiums it’s $522K and for Vacant Land the median price is sitting at $495K.
The South Maui market has been extremely active this year, specifically in Condo sales with 420 being sold in 2019. Central Maui has been more active with residential property sales, totaling around 173 and Upcountry Maui continues to lead in Vacant Land Sales with 23 sold so far this year.
Mahalo Nui Loa,
The Smith Team
P.S. As of July 1st, 2019 the use of Maui sewer and wastewater systems will increase by an average of 6%. Officials from the Department of Environmental Management Wastewater Reclamation Division say that the increase is due to a desire to keep the department financially stable and enable them continue improving and supporting their wastewater infrastructure. As an example, single family residential property owners will only see a maximum increase of $4.52 per month.
Melissa Smith R (B), Ken Smith R (S), Gregory Smith R (B), Lindsey King R (S)
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Active
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Pending
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Sold
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Change
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Homes
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439 (272)
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235 (59)
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1079 (273)
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-3 |
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Condos
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471 (171)
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237 (51)
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1617 (253)
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-7 |
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Land
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311 (96)
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52 (15)
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173 (26)
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-1 |
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Total
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1221 (539)
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524 (125)
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2869 (552)
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-11 |
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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 number of active listings from the previous week.
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Homes Over $1M
1577 Kekaulike Ave.
Kula
$1.4M (FS) |
Active commercial farm operation that includes 2 farm dwellings on ocean view 2 acres. The 2nd farm dwelling has a DOH permitted and approved commercial kitchen. Easy retrofit for use as an ohana. Both farm dwellings have all final building, electrical and plumbing inspections and 2 separate septic systems approved for use by DOH.
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3246 Keha Drive
Maui Meadows
$1.492M (FS) |
This captivating and gated private estate in Maui Meadows is the perfect property for entertainment and enjoyment. This updated 5 bed, 3 bath residence has a large master suite upstairs that leads to an expansive heated pool, 10 person spa, fire pit, and pavilion area in a resort like setting.
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70 Hoopalua Dr.
Pukalani
$1,790,500 (FS) |
Beautifully designed and built 4 bed, 3.5 bath home to entertain in, you will surely fall in love with this well thought out floor plan. The expansive master suite with fireplace, sitting area and office upstairs offer stunning views. Wake up to the gorgeous island of Maui from this private setting.
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230 & 240 Mauu Pl.
Haiku
$2,675,000 (FS) |
When the owners tried to think of everything, this is what they came up with. Gorgeous Haiku property located within the exclusive gated community of West Kuiaha Meadows. This 4 bed 5 bath home offers 4.5 acres of peace, privacy, and understated elegance. On the property there is also a cozy 2 bed 1 bath Ohana.
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Homes Under $1M
827 Upalu Street
Wailuku
$485K (FS) |
3 bed, 2 bath Waiehu home is the perfect starter home. Enjoy ocean views from the back yard with great low maintenance landscaping, all while in a convenient location close to shopping and everything else.
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111 Meheu Cir.
Kahului
$625K (FS) |
Live in the comfort of this beautiful 3 bed 2.5 bath home in the new and esteemed Traditions neighborhood of Maui Lani in Kahului. The kitchen is built around a central island and features dark cherrywood shaker cabinets. There is a split AC system with a unit downstairs. The master bedroom features its own bath and walk in closet.
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705 Hina Pl.
Kahului
$665K (FS) |
A 1,008 sqft house and a 500 sqft cottage in a very convenient location in Kahului! This is a corner lot. Main house is on 705 Hina Pl, and the cottage is on 149 Ani St. Each has their own entrance from two different streets and two different mail boxes.
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64 Ulana St.
Makawao
$850K (FS) |
Main house and Ohana included in this desireable Upcountry home! The main home features 3 beds and 2 bathrooms while the separate Ohana has 2 bedrooms and 1 bath. Wide entry drive way and large yard. Main house has an airy screened in porch with outside shower.
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16860 Haleakala Hwy.
Kula
$950K (FS) |
Beautiful, rustic and spacious 3 Bedroom 2 Bath Polynesian Style Pole Home home plus a Free Standing 2 Bedroom 1 Bath Cottage for sale in Upper Kula. Located just up the road from Kula Lodge, this gorgeous upcountry home features unique Cedar wood architecture style. With Vaulted ceilings and a large Skylight to let ample natural light into the home.
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Vacation Condos Over $1M
Wailea Ekahi I #39D
Wailea
$1,050,000 (FS) |
This completely remodeled 1 bedroom, 1 bath, 792 sq. ft. unit provides the highest level of attention to quality and detail. As you walk in, you will feel the warmth from the velvet textured Italian plaster and appreciate the high ceilings with natural Lau-Hala and bamboo. This open floor plan provides mahogany trimmed built-in sofa & end tables in the living room, handmade mahogany plantation shutters, and a double zone central A/C.
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Kapalua Bay Villas II #11G3-4-5
Kapalua
$1.2M (FS) |
Excellent opportunity to own a ground floor single-level 2 bedroom 3 bath condominium at the prestigious gated Bay Villas development in Kapalua Resort. Priced at $1,200,000 this unit represents the best two-bedroom value at the Bay Villas. The Bay Villas common elements include 3 pools and tennis courts.
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Hoolei #E6
Wailea
$3.975M (FS) |
Special properties like Ho'olei Villa 99-6 rarely become available. This iconic 3 bed 3 bath home is situated on the very top row of the last resort-zoned development in Wailea. The view is simply spectacular - with panoramic ocean vistas looking out towards the outer islands of Molokini and Kaho'olawe. Enjoy gorgeous sunsets year round with the highly sought after Southwest view plane!
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Wailea Beach Villas #510
Wailea
$3,999,000 (FS) |
This top floor Penthouse is priced to move. Views from the coveted fifth-floor location are as spectacular & inspiring as the price. Spacious, open floor plan with 2 bedrooms & baths; den area "doubles" as third sleeping option. Exceptional bonus: Seller's designer created plans to transform the den into a fully convertible third bedroom and enhance the kitchen with sleek, modern lines & finishes.
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The Ritz Carlton Residences #1702
Kapalua
$1.2M (FS) |
Don’t miss this opportunity to own a 1 bedroom 1 bath condominium at the 5 star Ritz Carlton Kapalua. Easy access to lobby. NO need to take the elevator. End corner unit. Now equipped with full kitchen and top of the line appliances. Take full advantage of the fabulous spa and fitness center, 24 hours room service, 24 hour security, pools and tennis courts. Steps away to amazing beaches and hiking trails. Currently in the Ritz Rental Program.
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Vacation Condos Under $1M
Hono Kai #A10
Maalaea
$375K (FS) |
This absolutely charming 1 bed 1 bath Hono Kai oceanfront complex is right on the ocean's edge and has lush landscaping, Koi pond, a freshwater pool, and barbecue area. Located along Ma'alaea Bay the hub of harbor life, where you can walk to the world-class aquarium at Maui Ocean Center, Maui Sports and Water Park, shops and restaurants.
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Maui Vista #1221
Kihei
$410K (FS) |
Maui Vista is resort living in the heart of South Maui, within walking distance to shops, restaurants, and beaches. It is also just a short drive to Wailea to enjoy additional dining and shopping options. From this 1 bed, 1 bath unit, you can walk right across the street to surf at Charlie Young Beach or take a walk on the sandy beach at Kamaole I and jump in for a swim.
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Kauhale Makai #101
Kihei
$499,000 (FS) |
Location, location, location! Rare opportunity for investors and second home seekers alike looking for an excellent turn-key ocean front vacation rental in south Maui. One of only 4 ground level units in Kauhale Makai with the rare 799sqft. floor plan. Very spacious and beautifully updated unit with great on-site amenities
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Kamaole Sands #10-311
Kihei
$595K (FS) |
Exclusive, hard to find unit in the TEN building at Kamaole Sands with a large lanai and ocean views over Kamaole III Beach. This unit features over 800 sq ft of living space on the third floor, with the desirable 1 bed, 2 bath floor plan. This floor plan leaves ample room to be utilized in a way that makes sense for the owner or renter.
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Kapalua Golf Villas #14V2
Kapalua
$629K (FS) |
Enjoy amazing views from this top floor 1 bedroom 1.5 bath condominium. Situated directly on the 4th fairway of the renowned Kapalua Bay Golf Course. No roof peaks here! Enjoy all the amenities that the prestigious Kapalua Resort has to offer. Golf, fine dining, zip lines and great beaches are just a few of the many Maui activities that are nearby. Sold furnished and ready to enjoy.
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Kihei Parkshore #1
Kihei
$639K (FS)
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Beautiful vacation condo located directly across the street from the world class Cove Park. Centrally located a short distance from shopping at Foodland Market, and dining at Kihei Cafe. Remodeled 2 bedroom 2 bath ground floor unit with extra storage built in, new dishwasher, and garbage disposal.
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Residential Condos Over $1M
Wailea Palms #3505
Wailea
$1,175,000 (FS)
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This not a typical Wailea Palms unit...striking finishes with an edgy flair, incredibly private, beautiful setting with ocean, mountain and garden views. Tucked away in the lower corner of the complex this 2 bedroom 2 bath unit is just a short walk to the incredible pool, community center and fitness center. Wailea Palms is a gated residential condominium community which does not allow vacation rentals to enhance the lifestyle and privacy you desire.
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Hokulani Golf Villas #69
Kihei
$1,193,000 (FS)
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Hokulani is in it's final phase with only 9 homes remaining! There is still time left to get involved in South Maui's best value. Construction has begun on the popular 110 model with a stunning location on the 13th fairway of the beautiful Maui Nui golf course. This home provides one level living with downstairs master suite and additional 2 bedroom guest suites on the upper level.
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Residential Condos Under $1M
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Villas at Kahana Ridge #823
Kahana
$399K (FS)
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Opportunity to own a 2-bedroom 2-bath condo in Kahana located front row with partial ocean views. Second floor location offering single level living with no stairs and easy access to parking. Villas at Kahana Ridge 823 is conveniently located close to S-Turns surf break between the Kaanapali and Kapalua Resorts just north of Lahaina town. Pet friendly community.
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Southpointe at Waiakoa
#21-204
Kihei
$299,900 (FS)
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Great opportunity to own an affordable second floor unit with 2 bedrooms and 2 bathrooms! Move-in ready and recently upgraded with new carpet and fresh paint. Best of all, this unit has been minimally remodeled which means you get to make the upgrades to the kitchen & bathrooms to perfectly suit your tastes and budget.
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Vacant Land
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165 Welau Way
Kaanapali
$395K (FS)
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Parcel A-9 at 165 Welau Way is located at the end of the quiet Welau cul-de-sac within the exclusive double gated subdivision of The Summit at Ka’anapali. This Pacific Ocean and West Maui Mountain view lot is ready to be built on.
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