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 1032 December 13th, 2022
 

Aloha


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)
Condos (1)
Land
New Properties 
Price Reductions  

Short Sales
Homes

Condos 
Land
New Properties

Price Reductions 

Wailea Auction Tomorrow
   feature 2   

11 Malukai Lane Lot 1
Wailea
$2.5M (FS)


 Wailuku’s Epic Views

Photo of Mauna Kahālāwai by R. Kofron, 2021

 

Wailuku is one of three districts, or moku, that make up the West Maui Mountains or Mauna Kahālāwai, which means “holding house of waters” in Hawaiian. These mountains sit opposite Haleakala Crater, familiarly known as the “house of the sun” (source link). Between these iconic land features is the lovely central valley of Maui and few places are better situated to appreciate these epic views than the town and foothills of Wailuku.

 

Wailuku boasts views in four directions. So if you enjoy the idea of waking up facing (east) towards the house of the sun, relaxing in the shade of the house of waters (west) and playing on either of Maui’s north or south shores, a home in Wailuku may be just right for you. 

 

Currently there are 30 active listings for homes in Wailuku. Anuhea at Kealani, Parkways at Maui Lani and Wai’Olu are examples of three newer developments that offer a range of buildable custom home lots and newly constructed homes. These projects come to market in phases and often are sold before many know about them.

 

In the master planned community of Kehalani, Anuhea currently has three homes listed on the multiple listing service (click active listing link above) that range in price from $1.21M to $1.28M for 3 bedrooms, 2.5 bathrooms with approximately 2,000 sq. feet of living space. The Parkways at Maui Lani has four 3 bedroom/ 2-2.5 bath homes ready for sale in February, 2023 that range in size between 1,700-2,000 sq. feet of living space. Wai’Olu Estates began with 60 lots in total. The majority have already sold; however, the developer held back approximately 10 lots which should be coming to market in the next few weeks in the ballpark range of $600K. These lots range in size from 8,000-24,000 sq. feet and all have mountain, central valley and ocean views.

 

Whether you are interested in building your own custom dream home or prefer the ease of purchasing a newly constructed home, we hope that you will allow The Smith Team to assist you when the time comes. Please reach out directly if you would like further information on specific pricing or availability of any of these unique opportunities to live or build near beautiful Wailuku. 

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. Congratulations to Laura Lee Blears, the first female to enter the world of professional surfing back in the 70’s and recipient of Kimo’s Inaugural Pioneer of Surfing Award in Lahaina this week. Check out the link to learn more about her accomplishments. 
Follow Us
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Market Watch
 
Active
Pending
Sold
Change
Homes
261 (261)
115 (71)
1060 (629)
+3
Condos
210 (100)
190 (112)
1592 (511)
+7
Land
136 (69)
 35 (11)
210 (73)
+2
Total
607 (430)
340 (194)
2862 (1213)
+12
 
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.

 

Homes Over $1M

 74 Ka'ana Ln 
74 Ka'ana Lane
Kahului

$1.065M (FS)
A spacious one-story home, with a warm and inviting floor plan and great for entertaining. With an abundance of space, covered lanai, covered porch and very open concept this home provides approximately 1,735 of interior living space. This 3 bedroom, 2 bath layout provides something for everyone with a charming kitchen that includes with bay windows.
 
2965 Kauhale 2
2965 Kauhale Street
Kihei

$1.249M (FS)
One of the lowest priced homes with ohana in south Kihei. A must see and opportunity to own an investment property or primary residence walking distance to Keawekapu Beach. This 4 bedroom 2 bath home with attached studio ohana lives large with an almost 3,000 square foot total footprint. 
 
30 Ahinahina
30 Ahinahina Place
Kula
$1.749M (FS)
Come home to this lovely, custom built two-story home. 3 bedroom 2 bath. See the recently upgraded kitchen and bathrooms and newly refinished solid hardwood Australian eucalyptus floor and the new tile in the lower level. Your inner chef will delight in this beautiful kitchen with large Boos maple island.

Homes Under $1M

 5135 Kipulu Place 
5135 Kipulu Place
Napili

$840K (FS)
This beautifully located free standing home has been a family home for many years. The sellers have taken advantage of the space, and live with several relatives in this free standing Napilihau home. The sellers have fit 6 bedrooms and 3 baths in this home, by converting the laundry room. Photo Voltaic panels owned by the sellers. There is parking provided for 2 vehicles, and some limited parking on the street. 
563
563 Kuanana Street
Paia

$895K (FS)
This Beautiful home had a nice living and dining areas, kitchen, 3 bedrooms, and 1.5 bathrooms. The fenced yard includes an outdoor shower, On the south side of the home, there is also a nice covered workspace area for storage and projects. If you're looking to enjoy all that historic Paia Town and the North Shore have to offer, this property could be your next home.
340 Kiele St
340 Kiele Street
Wailuku

$929K (FS)
Charming plantation house in the Heart of Old Wailuku Town walking distance to schools, banks, stores, and much more. Step back in time, very well kept home with many upgrades including, fresh paint throughout, new roof, new cabinets and granite counter tops, newer appliances, updated electrical, apartment style basement.
JJ
464 Lipo Place
Paukukalo
$975K (FS)
This multi-unit property is perfect for an extended family, investor, or owner occupant looking to achieve rental income from the detached cottage. The main home of 5 bedrooms 3 baths sits at the front of the property, benefitting from the mature landscaping, cool breezes and dramatic mountain views from the uppper story. 

Vacation Condos Over $1M

Haleakala Shores
Haleakala Shores A-301
Kihei
$1.05M (FS)
Direct ocean views, 2 bedroom 2bath 3rd floor corner unit at this desirable South Kihei condo complex Haleakala Shores. Approximately 1,000 sqft plus of living space with covered lanai area overlooking Kamaole 3 Beach Park and the ocean. Capture year-round ocean and sunset views.

Customer Listing Synopsis

Hololani
Hololani A-702
Kahana
$1.095M (FS)
This stunning 7th floor location at Hololani is really something special. The views are jaw dropping as soon as you walk through the front door you are drawn to the expanse of the pacific ocean. Imagine siting on your lanai enjoying your coffee and watching the turtles daily and in the winter months seeing humpback whales breaching. 
 Kahana Sunset 
Kahana Sunset A-7
Kahana
$1.6M (FS)
Experience breathtaking ocean views from the primary bedroom and another large lanai for lounging and whale watching. You will stay cool and comfortable in this fully air-conditioned home with its split system AC. Make your way down to the beachfront, feel the sand between your toes, and swim, paddle, or snorkel with the turtles. 
 
Wailea Ekahi
Wailea Ekahi 35-D
Wailea
$1.675M (FS)
This 1 bedroom 1 bath offers hypnotic ocean views and fiery sunsets. Enjoy views of Molokini and Kaho'olawe from your lanai which are breathtaking, you can even spot whales breaching from this second floor condo.  You have found an amazing Maui tropical retreat in building 35, it is in a quiet location fronting the green belt and surrounded by lush vegetation.
 

Vacation Condos Under $1M

Hale Royale
Hale Royale E-202
Honokawai

$370K (FS)
Conveniently located across the street from the ocean in Honokowai. This top floor unit was upgraded in 2021 with LVP flooring throughout the main living area. Hale Royale has plenty to offer including two pools, a hot tub, dry sauna, tennis courts and a communal library.
Kanai A Nalu
Kanai A Nalu 310
Maalaea

$715K (LH)
This 3rd-floor unit has a beautiful South-facing location overlooking the tropical courtyard, pool, and out to the ocean. Enjoy whale watching and ocean views from the living room, kitchen, master bedroom and spacious lanai. Renovations include floor tiling, solid maple kitchen cabinets, newer appliances, Corian counters, and Mitsubishi split A/C with hand controls.
Maui Vista
Maui Vista 1408
Kihei
$999.8K (FS)
This 2 bedroom 2 bathroom unit added new flooring and interior paint to provide a new fresh look. The Ocean and outer Islands views will capture your immediate attention as you enter this condo. For years the owners have lived here and savored watching playful whales when in season. 

Residential Condos Over $1M

Wailea Palms
Wailea Palms 2708
Wailea
$1.888M (FS)
Rare offering of a top floor, 2 bedroom 2 bath private residence at Wailea Palms which was originally used as a model room in the complex at the time of sale. Private location in the complex and unobstructive view of the ocean from other buildings. Relax and enjoy the ocean view from your lanai, living room and the master bedroom. 
Hokulani Golf Villas
Hokulani Golf Villas 66
Kihei
$2.5M (FS)
This amazing home with 180 degree views of Haleakala located on the 15th green of the Maui Nui Golf Course is located within the lush confines of the gated community of Hokulani Golf Villas.This is a prime example of what happens when a builder has a green light to build with passion and without a restricted budget.
 

Residential Condos Under $1M

  ll
Harbor Lights B-302
Kahului

$230K (FS)
Come and enjoy the ocean breeze from this affordable unit centrally located in the Harbor Lights complex of Kahului. Look out and see views of Haleakala and the ocean. This complex is adjacent to the University of Hawaii Maui Campus. This unit comes with one assigned parking stall. Corner unit location. Access the pool and grassy courtyard area.

Customer Listing Synopsis

Honokowai East
Honokawai East 306
Honokawai
$350K (FS)
A four-story concrete building with an elevator. There are just 51 units, mostly studios. Unit features floor to ceiling windows, composition wood flooring, a reconfigured larger remodeled bathroom, and an updated kitchen with granite countertops and oak cabinetry. This unit is fee simple full ownership. 
Kalama Kai
Kalama Kai 302
Kihei
$850K (FS)
This unit has amazing views of the ocean and mountains. Is one of the newest complexes in Kihei and includes a pool with pavilion and BBQ area, EV charging stations and solar PV covered parking stalls which minimize your electric costs. This unit comes with 2 parking stalls, one covered and one uncovered. 

Vacant Land

305 Kahana Ridge Lot 102
Kahana

$360k (FS)
This Kahana Ridge lot has nice views, especially from the second story once you build your home. All services available, and all power and cable lines are underground in this custom home subdivision. As a crow flies, this lot is located less than 400 yards from Kahana's white sand beaches and resorts. Shopping, restaurants and all conveniences just around the corner.

 
The Smith Team
www.MauiSales.com
(808) 572-0866
 
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
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