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

Issue 1164 | July 22nd, 2025

Aloha ,

In this newsletter:

Makena Coastal Masterpiece

406568-503b785f-b43f-4f34-8db1-54cf16ef1a88

7505 Makena Rd
Kihei

$33.000M (FS)
 

Welcome to one of the most extraordinary properties in the world and a true icon of coastal luxury: 7505 Makena Road. Set on a full acre of lush land with unobstructed ocean view corridors along Maui’s coveted coastline, this 10,500 sq. ft. estate is a harmonious blend of visionary architecture, masterful craftsmanship, and timeless elegance. Thoughtfully designed to embrace its breathtaking surroundings, the residence features 7 bedrooms and 8 bathrooms across a layout that seamlessly merges indoor and outdoor living.

Listing Details 
Video Tour

Proposal 9 Update

 

Aloha!
 

All eyes are on Proposal 9 this week, as the Maui County Council prepares to make a pivotal decision on July 23, 2025, during its Housing & Land Use Committee session—followed by potential final action by the full council thereafter. The proposal, part of Mayor Bissen’s strategy to ease Maui’s affordable housing crisis, seeks to strip many Minatoya‑List condo owners of their right to operate short‑term rentals, aiming to convert these units into long‑term housing.

While the goal—adding rental inventory to help locals—is widely shared, many real estate professionals fear Proposal Nine is poorly conceived. They argue that it’s likely to spur lengthy legal battles and fail to deliver the intended housing relief.

After hundreds of hours of contentious public testimony, the council will take its next critical step on July 23 and July 24, 2025. We’ll continue to monitor the outcome closely and bring you in-depth coverage on what it means for property owners, prospective renters, and the overall housing situation.

 

Mahalo Nui Loa,
 

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

The Smith Team

P.S. Mayor Bissen announces return of Maui County Fair with rides this October.
 

Market Watch

  Active Pending Sold Change
Homes 447 (392) 113 (82) 697 (518) +2
Condos 876 (347) 84 (26) 701 (261) +11
Land 206 (80) 24 (7) 150 (54) -3
Total 1529 (819) 221 (115) 1548 (833) +10

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 2025
February 2025
March 2025
April 2025
May 2025

June 2025

Market Statistics

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

Bank-owned
Short sale



Homes Over $1M

115 Kumula'au Ohia Loop

115 Kumula'au Ohia Loop

Wailuku

$1.395M (FS)

This exquisite home is a true gem, showcasing countless upgrades and meticulous care throughout. From the moment you step inside, you’ll notice the thoughtful enhancements, including beautiful hardwood floors, elegant crystal chandelier and pendant lighting.

Customer Listing Synopsis 
 
Video Tour

406582-866ef568-e522-4735-b6c4-180db9502491

1065 Ehu Rd

Makawao

$2.695M (FS)

Private Forest Retreat on 2.13 Acres Bordering the majestic Makawao Forest Reserve and set above a peaceful gulch, this exceptional Upcountry estate offers the perfect blend of privacy, flexibility, and natural beauty. Located in the highly desirable Pi?iholo area—known for its crisp air, lush landscape, and serene forest setting—this fully fenced property sits at the end of a quiet cul-de-sac, just 12 minutes from historic Makawao town. 

Customer Listing Synopsis 
 

406551-50d2a195-2162-4816-b395-592c759981c4

372 N Market St
Wailuku

$3.450M (FS)

This listing features two lots: 372 N Market St and 378 N Market St. Both lots are approx.. 5000 SF. B-2 commercial zoning within Wailuku Redevelopment Area which allows mixed use commercial which can consist of: bed and breakfast, hotel, light manufacturing, food processing and more. 

Customer Listing Synopsis 

Homes Under $1M

406575-e7acd131-5010-4716-8dab-b99f62a16ff1

601 Linekona Pl 
Wailuku

$550K (FS)

With a vision and some TLC, make this house your own! Just a steps away from the ocean, you will feel the ocean breeze! With easy access to food options, retail establishments, Kahului Airport, and a number of medical institutions, the Central Maui location is ideal. This is a bank owned property.


Customer Listing Synopsis 

405718-9b3aa743-f1ce-44ee-a573-7f976be23401

138 Kupuna St
Kihei

$749K (FS)

This is an REO property located in central Kihei. Conveniently located and close to stores, amenities and great beaches and beach parks. This property has so much to offer! 


Customer Listing Synopsis 

 

406567-94e7412f-5ec0-4e16-8f4c-407f062d7ef8

372 Ehilani St
Pukalani

$749K (FS)

Discover the magic of Maui living in this sweet 2-bedroom, 1-bath plantation-style cottage, nestled on a truly special property bursting with fruiting trees. The efficient design is perfect for those who love the indoor/outdoor lifestyle. 


Customer Listing Synopsis 
 

406584-dd8b095f-69c8-425f-a4b6-81952d59c0b8

665 Pio Dr 
Wailuku

$900K (FS)

Fixer-Upper Opportunity in Wailuku. Unlock the potential of this centrally located property just minutes from the ocean, parks, schools, and shopping. This is a chance to invest in one of Maui’s most convenient locations. Both structures need repairs. The main house is in poor condition and may not be salvageable—perfect for those looking to tear down and rebuild or take on a full renovation project.  


Customer Listing Synopsis 

Vacation Condos Over $1M

404210-a8397585-d2b1-4b92-92c4-566ab37bec7b

Wailea Ekolu # 1705
Kihei

$1.500M (FS)

Situated on the prestigious Wailea Blue Golf Course with stunning ocean views, this modern single level 2 bedroom, 2 bath ground floor residence is located in Wailea Ekolu. Open-concept design with luxury gray vinyl plank flooring throughout.   

Customer Listing Synopsis 
Video Tour

406569-4bfd6d36-ebe0-4fd9-a5b3-d1376d3cae36

Honua Kai - Hoku Lani # SR536
Lahaina

$2.395M (FS)

This 5th floor SR536 corner units offers not only an ocean view, but also the beautiful green West Maui mountains. It is also the perfect height to take advantage of the green lawns immediately below. This sought after corner location truly brings the outdoors in. Very large lanai gives you full outdoor living.

Customer Listing Synopsis 

404657-e1b44a32-8a25-47e3-be31-03a7f04e32ae

Makena Surf # E-205
Kihei

$4.985M (FS)

Wailea Elua beachfront estate on the famed Ulua Beach with endless ocean vistas. Spacious, quiet and private - this upgraded Wailea Elua gem is located at the top of this luxurious and amenity-rich resort community. Wailea Elua is ideally located for fun in the sun. VIP front row seats await you at the Wailea Elua beachfront pool deck with direct access to the Wailea Oceanfront Beach Path, a private and large pavilion equipped with a lounge area, TVs, BBQ grills, a fitness center and more.  

Customer Listing Synopsis 
Video Tour

Vacation Condos Under $1M

406579-48c490ec-21ce-472f-a3c1-6ce182a028be

Paki Maui III # 316
Lahaina

$385K (FS)

This 1 bedroom 1 bath vacation rental unit offers views of lush tropical gardens and water features Unit has had some remodeling in both kitchen and bath. Paki Maui’s reef offers snorkeling, turtle viewing and of course during whale season, spectacular shows make this property one of West Maui’s popular destinations.

 

Customer Listing Synopsis 
Video Tour

403517-d9e0da13-fbc5-4ac2-8e03-992c74197483

Kalama Terrace # L-204
Kihei

$435K (FS)

Welcome to this charming 1 bedroom, 1 bath unit at Kalama Terrace! This condo features a newer gas stove and refrigerator, along with granite counters in the kitchen and updated wood cabinets, tiled shower walls, and tiled floors throughout. Enjoy the view of the peaceful grounds from your covered lanai area.

Customer Listing Synopsis 
Video Tour

 

404909-0035a27e-c237-4a1d-9bbd-bc1f80f76c83

Kamaole Sands # 4-207
Kihei

$550K (FS)

Welcome to Kamaole Sands 4-207 in Kihei Maui. It is a popular destination for island visitors looking for a peaceful getaway close to the beach. You are just minutes away from a morning walk on Kamaole Beach III. This is a one-bedroom, two-bath unit that is in excellent shape. The condo is to be sold furnished; an inventory list will be provided.  

Customer Listing Synopsis  

406305-7ece90a7-2fa5-46a1-87c5-8c9c9ca5acc9

Shores of Maui # 216
Kihei

$799K (FS)

Welcome to your Maui dream retreat! This beautifully renovated 1 bedroom, 1 bath condo offers unobstructed, panoramic ocean views, upscale finishes, and resort-style amenities-all in a prime Kihei location. Enjoy spectacular sunsets over the Pacific from your private, covered lanai and wake up to sunrises and moonrises above Haleakala's 10,000-foot summit from the bedroom. 

Customer Listing Synopsis  
Video Tour

 

Residential Condos Over $1M

405685-c1d9a9f2-0f21-4f89-be16-5d8b19686ff9

Kai Makani # 202
Kihei

$1.300M (FS)

HUGE Price Reduction! Fantastic Ocean views from this large, spacious, completely remodeled and fully furnished 3BR, 2BA condo in the highly sought after Kai Makani Beach Villas complex. Directly across the street from Mai Poina Oe Lau Beach which is popular for canoeing and paddle boarding in the morning , wind surfing by afternoon & sunset watching in the evening. 

Customer Listing Synopsis 
Video Tour

406588-8a743c2d-b5d7-4ea4-896d-0a8fc5b721c4

Keala O Wailea # 7-104
Kihei

$1.899M (FS)

PRICED TO SELL NOW! Where Wailea LUXURY meets LOCATIONx3! (And, currently, the "second" lowest priced 3-bedroom condo you will find in Wailea!) CLICK ON VIDEO TOUR for full scope of this incredible property and development. Discover your slice of Maui paradise in this rare 3-bedroom, 2-bathroom, fully furnished, ground-floor corner unit located in this exclusive gated community of Keala O Wailea (K.O.W.), recently built in 2018.  

Customer Listing Synopsis 
Video Tour

 

Residential Condos Under $1M

406562-c03ec043-2325-4044-bbb7-364dc0b8062c

Puuone Terrace # 309
Wailuku

$315K (FS)

This charming and updated 1 bedroom / 1 bathroom condo, located in PUUONE TERRACE, is perfect for the first-time condo buyer or those looking to begin their investment portfolio. This unit offers breathtaking and unobstructed 180 degree views of the West Maui Mountains and Kahului Harbor from the 3rd floor.

Customer Listing Synopsis

406533-5db4ca24-92d8-4945-be92-8bb8c97bdd08

Iao Parkside I # 1-201
Wailuku

$399K (FS)

Charming Corner unit, 1-Bedroom, 1 bath Condo with Bonus Enclosed Lanai in Iao Parkside. Welcome to this cozy and quiet second-floor unit in the desirable Iao Parkside community. This well-maintained 1-bedroom, 1-bath condo features 694 square feet of living space, including a permitted enclosed lanai currently used as a second bedroom—ideal for guests, a home office, or extra living space.
 

Customer Listing Synopsis 

406592-6e53306a-af2f-4c70-937f-0346a60d012e

Kihei Shores # B 106
Kihei

$495K (FS)

Kihei Shores is a 2Bed/2Bath corner unit, Residential condo, in building B, has easy access, no steps, and parking spot # 343 in front of unit. Located directly across S. Kihei Rd. from Kamaole 3 Beach Park and a Sandy Beach. Kamaole 3 park has large grass area for games, picnics and be sure to watch the sunset! 
 

Customer Listing Synopsis 
 

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

Haleakala Gardens # 12E 
Kihei

$695K (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 

Vacant Land

406548-d1c79fe7-5a28-4eda-b7cd-0875260f4696

51 Pihaa St
Lahaina

$798K (FS)

YOUR WAIT IS OVER if you wish to build YOUR home in Paradise. The 10,767 sq. ft. parcel is located in the exclusively resort community known as the Hillside of Kaanapali. Kaanapali Hillside is a residential community consisting of 158 residential homes or vacant parcels (phase 1 and 2). Community amenities include a park and playground area. Monthly homeowner association dues are $127.66 (paid quarterly). 

Customer Listing Synopsis 
Video Tour




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

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