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Aloha
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In this newsletter:
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A Prime Upcountry Location
In Kula
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Market Update
April 2020, as expected, showed a dramatic shift from the numbers we were seeing both for new listings as well as closed sales at this same time in 2019. The graph below shows new sales being down substantially in April, with a slight improvement heading into May. The real estate market on Maui has held up surprisingly well throughout this pandemic, but even so, the number of closed sales is expected to remain down for both the 2nd and 3rd quarters of this year.
Mahalo Nui Loa,
The Smith Team
P.S. D.R. Horton is a company responsible for the construction of several beautiful communities on Maui including their most recent and exciting development, Highlands at Kehalani. Highlands at Kehalani is a master-planned single-family home community set against the lush backdrop of the West Maui Mountains in Wailuku. D.R. Horton has also just released a plan to cut the interest for any mortgages used to purchase a home in the Highlands at Kehalani. See full details below:
2.750% Fixed-Rate Government Mortgage
3.115% APR
Based on a VA 30-Year fixed-rate mortgage with a sales price of $603,270 a loan amount of $624,988, and a funding fee ≤ 3.60%. VA=U.S. Department of Veterans Affairs. BFC #9313.
2.990% Fixed-Rate Conventional Mortgage
3.411% APR
5% down payment required.
Based on a Conventional 30-Year fixed-rate mortgage with a sales price of $603,270, and a loan amount of $573,107 BFC #9310.
Property eligibility requirements apply.
To check out all the active listings currently available in Highlands at Kehalani click here.
Melissa Smith R (B), Ken Smith R (S), Gregory Smith R (B)
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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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417 (225)
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144 (33)
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1109 (306)
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+8 |
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Condos
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542 (153)
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145 (44)
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1550 (238)
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+5 |
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Land
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292 (82)
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40 (16)
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167 (22)
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-3 |
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Total
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1251 (460)
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329 (93)
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2826 (566)
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+10 |
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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
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167 Ponana St
Kihei
$1,149,000 (FS)
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Perched at the top of the highly sought after neighborhood of Keawakapu Views lies an exceptional, custom, single-level home. 167 Ponana St offers a thoughtfully designed layout with an open kitchen, living area, 3 beds, and 2.5 baths which are all nicely separated from one another. The kitchen features hardwood cabinets, granite counters, a brand new oven and stove, and a custom Monkeypod bar top that will surely impress.
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79 Pukolu Way
Wailea
$1,197,000 (FS)
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Located in the exclusive gated community of Wailea Kai and perched on a cul-de-sac, this home sits within a stone's throw of the famous Keawakapu Beach. A recently updated kitchen makes this, 3 bed, 3.5 bath home ideal for entertaining and enjoying peek-a-boo ocean views. Feel the cool breezes and savor the aroma of a Hawaiian barbecue on your large deck.
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15 Mano Dr
Kula
$1.25M (FS)
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Surrounded by a lush, tropical landscape in Kula Kai sits this beautiful, spacious, 3 bed, 3 bath home with majestic bi-coastal ocean views, and breathtaking sunsets. As you enter the home, you step into a large, open floor plan with vaulted beam ceilings, wood floors, and a beautifully remodeled kitchen featuring granite countertops, stainless steel appliances and a gas stove.
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93 Keoawa Pl
Kapalua
$4.25M (FS)
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This newly constructed, 3 bed, 4 bath home on over four acres in the exclusive Plantation Estates boasts unrivaled views of world famous Honolua Bay from nearly every room. Set in one of the most tranquil settings on Maui this sanctuary offers unparalleled comfort and exudes island simplicity with an understated elegance.
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Homes Under $1M
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973 Iulani St
Haiku
$399,900 (FS)
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Priced to sell. This 3 bed, 1 bath residence is located in the beginning of Haiku and within walking distance to Haiku Town Market and Fukushima's Store. A newer metal roof was added in 2015 and solar water heater added in 2016.
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2892 Ipolani St
Pukalani
$699K (FS)
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This well maintained home is located on a large corner lot in Pukalani and its ready for a new owner! The home has 3 beds upstairs, 2 baths and a large, versatile area downstairs that can easily be used as a bonus room, additional family room or perhaps additional bedrooms, there are many options with this property, come make it your own! There are also a few different outdoor lanais with stunning views as well as a private and enclosed large patio off the downstairs living area.
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363 Kiele St
Wailuku
$810K (FS)
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A rare opportunity to own a charming and well-preserved house and cottage in the heart of Wailuku Town. The original craftsmanship and classic aesthetic remain in this spacious home, but major work has been done to modernize and preserve this 3 bed, 1.5 bath gem. Within the last ten years the home has added a new kitchen, new bathrooms, all new vinyl windows, all new electrical, and all new plumbing.
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47 Nohoana Pl
Wailuku
$899K (FS)
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Koa at Kehalani is an exclusive, gated enclave of Kehalani at the top of the development. Built by Towne Island Homes, this quality 2-story, 5 bed, 3 bath home is situated perfectly to enjoy both Haleakala and Ocean Views upstairs from your living room, kitchen and lanai.
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7365 Kula Hwy
Kula
$995K (FS)
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Enjoy this tranquil 3 bed, 2 bath home with bi-coastal views from the slopes of Haleakala on a generous half-acre lot. Features an outdoor deck for morning coffees, afternoon relaxation, stargazing, and year round entertaining. This is where ranch style living meets modern amenities with stainless steel kitchen appliances, quartz counters, fresh paint, new flooring, windows, thoughtful lighting and features that enhance the vaulted ceilings and open feel of this home.
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Vacation Condos Over $1M
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Wailea Ekahi III #44-C
Wailea
$1,075,000 (FS)
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A beautiful 1 bed, 1.5 bath unit in Wailea Ekahi, recently remodeled, with an ocean view and private location. Wailea Ekahi is an oceanfront condominium development at the South end of Keawakapu Beach. Keawakapu Beach is one of Maui's very best beaches, and features great swimming, snorkeling, diving, surfing, and has a nice sandy bottom.This unit features excellent rental history with future bookings included.
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Puamana #20-1
Lahaina
$1,880,000 (FS)
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This totally remodeled, 3 bed, 3.5 bath townhouse has a central yet very private location. Take in the tropical views from plentiful windows as this is an end-unit. Watch the kids playing on the mango field and check when the tennis court is open. Enjoy gardening as well with bananas and hibiscus growing outside your door.
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Vacation Condos Under $1M
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Kihei Garden Estates #C108
Kihei
$399K (FS)
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A gorgeous 1 bed, 1 bath ground floor unit at Kihei Garden Estates in South Kihei. Updates include a nicely remodeled kitchen with maple cabinets and granite counter tops, tile flooring throughout, a glass block shower in the bathroom, and A/C in the living room. Enjoy the partial beach and ocean view from your lanai. Kihei Garden Estates has over 3 acres of lush gardens with a huge gated pool and hot tub, BBQ and picnic area.
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Kihei Kai Nani #254
Kihei
$465K (FS)
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A gorgeous, remodeled 1 bed, 1 bath upstairs unit at Kihei Kai Nani located in South Kihei. This condo has been modernized with newer tile flooring throughout, updated cabinets, light fixtures, paint, granite tile counters, air conditioning and a new King bed and queen size sofa sleeper. This unit is located towards the top of the complex, which gives it a more quiet location.
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Kamaole Sands #8-101
Kihei
$499K (FS)
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A gorgeous, newly renovated 1 bed, 2 bath, first floor unit at Kamaole Sands located in South Kihei. This unit has an open kitchen and living room concept with laminate flooring throughout, updated kitchen with maple cabinets, tiled shower in the bathroom, washer/dryer in unit, and air conditioning. It comes turn key and fully furnished with a fully equipped kitchen, queen sofa sleeper in the living room, and a king-sized bed in the bedroom.
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Kamaole Nalu #402
Kihei
$685K (LH)
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This is a rare opportunity to own an outstanding, superior, upper level ocean view 2 bed, 2 bath oceanfront unit at Kamaole Nalu located in South Kihei. This open floor plan has an updated kitchen with granite counter tops and newer cabinets, laminate flooring throughout, and an amazing tiled bathroom. The master bedroom has a King bed, Queen bed + Twin bed in second bedroom, plus new queen sofa sleeper and new furniture in the living room & dinette.
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Maui Banyan #P403
Kihei
$775K (FS)
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Enjoy the best location in the complex! There are superior ocean views from this top floor, penthouse, 2 bed, 2 bath unit at Maui Banyan located in South Kihei. This is a lock off unit which allows you the flexibility to use it as a studio and a 1 bed, 1 bath or a 2 bed, 2 bath unit. This is a beautiful unit with an open kitchen and living area.
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Residential Condos Over $1M
Wailea Fairway Villas #Y103
Wailea
$1,188,000 (FS)
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This is it, the one you’ve been waiting for. Enjoy sweeping ocean, Molokini, Kaho’olawe, Lana’i and west Maui mountain views from both upstairs and downstairs lanais and fantastic Maui sunsets. A gorgeous 3 bed, 3 full bath “turn-key” end unit townhome set on the quiet south side of the lushly landscaped Wailea Fairway Villas complex and overlooking the 11th green on the Wailea Blue golf course.
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La'i Loa #14B
Wailea
$1,530,000 (FS)
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This 2 bed, 2 bath home features an open and airy floor plan. A timeless color palette is warmed by subtle textures and clean, contemporary lines for a visual kinship with the surrounding landscape, while premium design elements such as quartz counter-tops elevate each home to a sophisticated place. Defined by a signature sliding window wall in the great room and a generous ocean-facing lanai.
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Residential Condos Under $1M
Iao Parkside IV-A #39-105
Wailuku
$335K (FS)
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An extensively remodeled and easy to show ground-floor unit at Iao Parkside featuring a covered lanai and an enclosed backyard perfect for entertaining. Tucked away from the road, this is a pet friendly complex. The kitchen has new cabinets, granite counter tops, and upgraded appliances which include an over sized refrigerator. Enjoy new ceiling fans throughout, stylish wood-looking laminate flooring, and a fresh coat of paint.
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Haleakala Gardens #2E
Kihei
$430K (FS)
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Enjoy coastal living near the sandy beaches of North Kihei. High vaulted ceilings in every room give a feeling of spaciousness and allow the refreshing tradewinds to flow throughout this light and open 3 bed, 2 bath floorplan. Enjoy morning sunrises over Haleakala Mountain.
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0 Cross Rd
Kula
$1,498,000 (FS)
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This raw land features some of the last acreage on Maui with a true essence of privacy and seclusion. If you are seeking a quiet, inspiring tranquility this is the spot to build your estate. Two private entrances (one paved with concrete) lead you to a nearly 24-acre parcel entirely surrounded by state and ranch lands. Located at approximately 3,600 feet in Keokea on the gently undulating slope of Haleakala, you will instantly feel the calming nature of this property.
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