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Issue 1182 | November 25th, 2025
Aloha ,
Clarifying Misconceptions Regarding Maui's Bill 9 Proposal
Aloha!
There has been a lot of misunderstanding, especially among people on the mainland, about Maui’s Proposal 9. This proposal seeks to phase out short-term rentals in certain apartment-zoned areas, specifically A-1 and A-2. The key point is that Proposal 9 does not eliminate all short-term rentals on Maui. Properties that are already properly zoned Hotel (H1 to H4), as well as those with existing and valid transient vacation rental permits, are not affected by the proposal. Maui will still have many legal short-term rental options regardless of the vote.
Another important clarification is that even if Proposal 9 passes, it is very likely that many condo complexes currently zoned A-1 or A-2 will pursue rezoning to Hotel zoning, particularly H3 or H4. This path has strong support because many of these complexes have operated as vacation rentals for decades, they provide essential visitor accommodations that support Maui’s economy, and the County has stated that rezoning is a legitimate option for properties that function like hotel use but are technically apartment-zoned.
Because of this, even in a worst-case scenario, many existing short-term rental condos will probably continue operating after obtaining new zoning. The idea that all short-term rentals will be banned is simply not accurate.
It is important that we correct these misconceptions. False rumors are already causing unnecessary fear among buyers, owners, and visitors. Maui depends on responsible tourism, and clear information helps protect homeowners, businesses, and the island’s economy. Accurate communication reassures investors and travelers that Maui will continue to welcome visitors and that the future of many vacation rental properties remains strong.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. To our valued clients—thank you for your continued support. We're grateful to be part of your real estate journey. Happy Thanksgiving from The Smith Team!
Annual Thanksgiving meal service hosted by The Salvation Army’s Kahului Corps, Nov. 26
Market Watch
| |
Active |
Pending |
Sold |
Change |
| Homes |
450 (390) |
109 (83) |
703 (510) |
-9 |
| Condos |
891 (324) |
83 (20) |
685 (208) |
+21 |
| Land |
194 (69) |
23 (5) |
148 (46) |
-1 |
| Total |
1535 (783) |
215 (105) |
1536 (764) |
+11 |
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
July 2025
August 2025
September2025
October 2025
Market Statistics
Updated list of all bank-owned and short-sale properties:
Bank-owned
Short sale
Homes Over $1M
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282 I'ini Way
Makawao
$1.085M (FS)
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Calling all investors and those seeking multigenerational living!** Nestled near the heart of **Makawao**, this spacious **2,082 sq. ft.** home offers incredible potential and versatility. With its generous layout, there's plenty of room for everyone — whether you envision space for a **home office**, **exercise studio**, or a **playroom for the keiki, you can have it all.
Customer Listing Synopsis
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345 Auhana Rd
Kihei
$1.199M (FS)
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Incredible value in South Maui - fixer-upper and investors' dream! Seize this rare opportunity to own 2 single-level homes, both with stunning ocean views, on an expansive 20,471 sq. ft. lot with 3/4 inch water meter, flexibility and potential for CPR (subdivision). The main home has 4-bedrooms and 2-baths with a connected two-car carport and generous storage.
Customer Listing Synopsis
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115 Kumula'au Ohia Loop
Wailuku
$1.395M (FS)
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Better Than New – Fully Upgraded & Move-In Ready in Ohia at Kehalani! Why wait for builder timelines or settle for base finishes when you can move right into this beautifully upgraded and meticulously maintained home at 115 Kumula’au Ohia Loop? This exquisite home is a true gem, showcasing countless upgrades and meticulous care throughout.
Customer Listing Synopsis
Video Tour
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3124 Nahenahe Pl
Kihei
$2.750M (FS)
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Discover one of Maui Meadows' hidden gems at the end of a quiet, private cul-de-sac. This beautifully updated home feels like a modern treehouse, surrounded by stunning ocean, mountain, and sunset views with no wires in your view and you can enjoy them from nearly every room. The main level features bright, open living, a contemporary kitchen, and a gorgeous primary suite with a soaking tub.
Customer Listing Synopsis
Video Tour
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Homes Under $1M
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2055 Kanoe St
Kihei
$625K (FS)
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This is a golden opportunity to own a beautifully updated home in the heart of Kihei. Just a short stroll from one of South Maui’s most beloved beaches, this property is ideally situated near an array of shops, cafes, and restaurants. This thoughtfully remodeled residence was completely renovated between 2024 and 2025.
Customer Listing Synopsis
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639 Kainalu Pl
Wailuku
$626K (FS)
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Great opportunity in Central Maui! This single-level 4 bedroom, 2 bath home offers excellent potential for homeowners or investors. Situated on a level lot with a nice-sized backyard, the home is currently used as a 3 bed, 1 bath main living area with a separate 1 bed, 1 bath space, perfect for multi-generational living or rental income possibilities.
Customer Listing Synopsis
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5702 LOWER KULA Rd
Kula
$736K (FS)
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ALOHA! 2-bedroom, 1 bath approximately 700 square foot ranch home sitting on 25,726 square foot lot in the heart of Kula of Highway 37 near Kula Botanical Gardens. It will need repairs but has so much potential. Make it your own. Jump on this great deal before it’s gone! All buyers are responsible to confirm City, County, Zoning, Tax, and other records to their satisfaction before bidding.
Customer Listing Synopsis
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3237 LUAHINE Pl
Haiku
$750K (FS)
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Charming plantation style home in good condition. Beautiful Haiku location near the end of cul-de-sac. Wood floors, lots of windows for breeze and light. Close to Pauwela Cannery Shops and world-famous Hookipa Beach Park surf and windsurfing beach. There is a lot of room beside the house for storage.
Customer Listing Synopsis
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Vacation Condos Over $1M
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Maui Banyan # Q-402
Kihei
$1.050M (FS)
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Welcome to Maui Banyan - where island elegance meets effortless living just steps from the golden sands of Kamaole Beach Park II. This beautifully upgraded top-floor corner unit offers breathtaking ocean and mountain views, along with a rare and flexible 2 bed / 2 bath lock-off floor plan (1 BR/1 BA+ studio), allowing for multiple uses: vacation rental, personal retreat, or extended stays with guests.
Customer Listing Synopsis
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Montage Residences Kapalua Bay # 2204
Lahaina
$3.750M (FS)
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Experience the ultimate lifestyle in this stunning ground floor residence ideally located in Kapalua Bay. This coastal retreat features a private garden and lawn area—perfect for pets, family, and privacy—offering a seamless indoor-outdoor living experience with easy steps to the beach and resort pools. The spacious, open-concept living area extends to a generous lanai and BBQ zone, where breathtaking ocean views and whale watching await right outside your door.
Customer Listing Synopsis
Video Tour
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Hoolei # T-1
Kihei
$4.900M (FS)
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Listing Update: Seller is offering the option of purchase of 50% co-ownership for $2,487,000. Luxury resort villa situated conveniently at the doorstep to Grand Wailea, Wailea Beach, for an elevated lifestyle landing in the hub of paradise. Split level townhome unit T-1, offers great privacy coupled with being the largest floor plan, (Hibiscus), in a most desired end unit position with optimal biophilic design of 3076 sq ft refreshed indoor space and 700 sq ft covered lanai.
Customer Listing Synopsis
Video Tour
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Wailea Beach Villas # 209
Kihei
$5.750M (FS)
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Welcome to Wailea Beach Villas Penthouse 209, one of Wailea’s most prestigious gated, Hotel-Zoned beachfront communities. This spacious 3 Bedroom, 3 Bathroom + DEN (configured as a 4th bedroom) offers 2,521 sq. ft. of SINGLE-LEVEL Luxury with refined finishes, open-concept design and seamless indoor-outdoor living. The gourmet kitchen features high-end appliances, custom cabinetry, and an inviting island that anchors the main living area.
Customer Listing Synopsis
Video Tour
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Vacation Condos Under $1M
Kalama Terrace # L-204
Kihei
$368K (FS)
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Welcome to this charming 1-bedroom, 1-bathroom condo located in the desirable Kalama Terrace complex. This fully furnished unit offers a perfect blend of comfort and style, making it ideal for full-time living, a vacation getaway, or a rental investment. The kitchen features a newer gas stove and refrigerator, along with beautiful granite countertops and updated wood cabinetry.
Customer Listing Synopsis
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Maui Vista # 2211
Kihei
$540K (FS)
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Inviting one-bedroom, one-bath condo in the highly regarded Maui Vista community. This second-floor unit welcomes you with natural light, an easy-flow layout, and a breezy lanai overlooking the lush tropical grounds. It’s a comfortable, practical space that instantly puts you in a Kihei state of mind. The bedroom offers peaceful separation and ample storage, and the in-unit washer and dryer make everyday living simple.
Customer Listing Synopsis
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Shores of Maui # 216
Kihei
$799K (FS)
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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 above Haleakala's 10,000-foot summit from your bedroom.
Customer Listing Synopsis
Video Tour
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Wailea Ekolu # 408
Kihei
$999K (FS)
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This charming 1-bedroom, 2-bath condominium has been lovingly cared for by the same family since 1979. Used primarily as a second home, it shows minimal wear and exceptional pride of ownership. Located on the second floor, the 866 sq. ft. interior feels spacious and airy with vaulted ceilings and sweeping ocean views that stretch from West Maui to Kahoolawe.
Customer Listing Synopsis
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Residential Condos Over $1M
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Wailea Palms # 3508
Kihei
$1.300M (FS)
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Wailea Palms 3508 is a top floor, 2-bed/2-bath unit situated in the lower quiet area of the complex. 3508 has a desired north facing location allowing for maximum use of the nearly 300 sq ft partially covered lanai! There are wonderful ocean views with west Maui in the background from the primary bedroom, lanai, and living room. The unit has a tastefully remodeled kitchen with stainless steel appliances.
Customer Listing Synopsis
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Wailea Town Center # C-203
Kihei
$1.889M (FS)
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Where the Ocean Becomes Your Backdrop and Wailea Becomes Your Everyday. Wailea Town Center C-203 is a rare offering, blending the privacy of a boutique residential enclave with the panoramic beauty of the Pacific and the unmatched convenience of Wailea’s vibrant core. From this vantage point above it all, life unfolds in color, sunlight dancing across the sea, the silhouette of Kaho?olawe on the horizon, and the quiet rise of Haleakala as your morning companion.
Customer Listing Synopsis
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Wailea Point I II III # 1404
Kihei
$11.500M (FS)
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Wailea Point 1404 is a front-row, 3 bedroom / 3 bath oceanfront masterpiece—an inspired blend of refined design, master craftsmanship, and timeless elegance in one of Maui’s most exclusive communities. Reimagined through an extensive, no-expense-spared renovation, this one-of-a-kind residence offers sweeping views of white sand beaches, dramatic coastline, and the neighboring islands of Molokini, Kaho‘olawe, and Lana‘i.
Customer Listing Synopsis
Video Tour
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Residential Condos Under $1M
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Harbor Lights # C207
Kahului
$179K (FS)
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Welcome to Harbor Lights C207, a bright and inviting second-floor condo offering comfort, convenience, and a relaxed coastal lifestyle. Located in one of the most well-kept communities in the area, this residence is perfectly positioned near shopping, dining, beaches, and all the best local amenities. Step inside to an open-concept living space filled with natural light.
Customer Listing Synopsis
Video Tour
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Kihei Villages I # 4-204
Kihei
$400K (FS)
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A perfect opportunity to make this your own! Convenient location at the top of Kihei Villages complex includes Haleakala views, and is walking distance to the beach, Kenolio Dog Park, Kihei Youth Center, canoe club and ABC Store. Easily accessible in North Kihei to all points including airport, restaurants, stores, beaches and more.
Customer Listing Synopsis
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Kihei Shores # C003
Kihei
$400K (FS)
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PRICED TO SELL! Being sold as-is. Cozy two-bedroom, two-bathroom ground-floor unit with a quiet garden setting. You're sure to enjoy life in the heart of South Maui, steps from Kamaole Beach III, shops, and restaurants. The complex is well-maintained and boasts a pool, hot tub, and ample parking.
Customer Listing Synopsis
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Haleakala Gardens # 12E
Kihei
$695K (FS)
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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
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Vacant Land
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17 Kai Huki St
Haiku
$875K (FS)
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Exceptional 1.075-acre vacant land lot available in Ha'iku. This property offers a fully prepared building site with panoramic ocean views and significant infrastructure already complete, providing a major head start for development.
Customer Listing Synopsis
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