Aloha
In this newsletter:
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A North Shore Retreat
in Paia
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Market Update
High season for tourism on Maui typically begins in mid December and runs through the spring as tourists from the mainland and Canada endeavour to escape the cold temperatures. While travel looks much different now than it did a year ago, we are expecting thousands of tourists to arrive on Maui in the coming weeks.
Another reason many people are traveling to Maui is to either check in on their condos and investment properties or to purchase a new one. While new listings of single family homes and condos have slowed down slightly in the last couple of weeks, we are still seeing some strong indicators through pending sales that the market is picking up significantly heading into high season. At this same time in 2019, there were 197 single family homes, 254 condos, and 49 plots of vacant land in escrow. Remarkably in 2020, single family home and vacant land sales are outperforming 2019. As of today there are 221 single family homes, 232 condos, and 70 plots of vacant land in escrow.
In our own team we can definitely speak to this uptick in pending sales, and it looks like we will be very busy through the rest of the year. If you have plans to travel to Maui soon, just reply to this email and let us know when you will be arriving!
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. To increase the number of travelers who will be able to obtain valid COVID-19 results before their trip, Governor Ige and his staff have added 11 new vendors to the domestic trans-pacific trusted testing partner list. They have also added 2 more to the international trusted testing partner list. Visit this Maui News page for more information.
P.P.S The vast majority of businesses that have been closed for the last 6 months have opened their doors to the tourists that began arriving on October 15th. That being said, there are still dozens of businesses that either lack the resources to reopen, or are still waiting for more favorable conditions. For a complete index of what’s open courtesy of Maui Now click this link.
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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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310 (215)
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221 (77)
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1029 (295)
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+2 |
Condos
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717 (205)
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232 (28)
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1302 (232)
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-17 |
Land
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252 (80)
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70 (19)
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180 (25)
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+0 |
Total
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1279 (500)
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523 (124)
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2511 (552)
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-15 |
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
620 Mapuana Pl
Wailuku
$1,345,000 (FS) |
This spacious, beautiful, 4 bed, 3.5 bath custom home in Wailuku Heights is designed for easy living and entertaining. The main floor, with its open concept floor plan and high ceilings, features a chef's kitchen with cherry wood cabinets, subzero refrigerator, pantry, granite countertops and an island for seating.
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4074 Lower Kula Rd
Kula
$1,395,000 (FS)
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A great property in a great location with four total structures on a large 1.2 acre lot in the heart of Kula. There is a main home with 3 beds, 2 baths, an ohana with 2 beds, 1 bath (plus a bonus room and bathroom underneath), a separate 2 car garage and an accessory building/recreational building being used as a pool house which has a main room, 2 additional rooms, a loft, and a restroom.
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45 Kapuaimilia Pl
Haiku
$1,453,900 (FS) |
Bank Owned - This is a dream come true for any buyer seeking a home and cottage in a lavish and much sought after, high end neighborhood for a great value! With a little TLC, this home and cottage will become your forever residence. Enjoy over 2 acres of lush, green foliage, and a swimming pool with an entertainment center for dining and cooking with friends and family.
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11 Aulii Pl
Kula
$2,495,000 (FS) |
Experience the rare chance to own one of the premier properties in the coveted Kula 200 community. Located on a quiet cul-de-sac with neighboring lots at a minimum of 2 acres, this 2-acre property is exclusive and private. As you enter the gated driveway and approach the 3 bed, 3.5 bath residence, you’ll be captivated by gorgeous jacaranda trees and royal palms.
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5157 Lower Honoapiilani Rd
Kahana
$6,475,000 (FS) |
This beauty is located in the sweet spot of West Maui, with sweeping panoramic ocean and multi-island views. Enjoy year round sunsets and whales during season. This 2 bed, 2 bath home has a beautiful indoor pool with waterfalls and a spa. The ultimate in relaxation and entertainment.
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Homes Under $1M
588 Waikala St
Kahului
$450K (FS)
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A centrally located fixer upper that needs extensive repairs, which is why it's priced below the County's assessed value. The location is close to schools, shopping, restaurants, golf courses, and health care. There is potential to expand the existing home or to add an ohana. The main living area is a 2 bed, 1 bath with an open kitchen to the living room and dining area with a sliding door to the backyard.
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406 Kaao Cir
Kahului
$649K (FS)
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Bank Owned - Just West of Kaahumanu Shopping Center you will find 406 Kaao Circle. Situated on a large fenced lot with gorgeous views of the West Maui mountains. Don't let the original construction age fool you, this 7 bed, 4 bath home was previously renovated and shows well. There are plenty of bedrooms and bathrooms to fulfill almost any large extended family.
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22 Ia Iki St
Wailuku
$759K (FS)
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Now is your time to own this single level home in Kealohilani. The high ceilings and large windows create a spacious setting for this 3 bed, 2 bath open floor plan home. There is recessed lighting and ceiling fans throughout the home along with carpet and vinyl flooring.
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791 Aoku Pl
Haiku
$899,900 (FS)
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An amazing property close to Haiku town. This home has a great floorplan that features an open kitchen, 3 beds, an office, 2 baths, a 2 car garage plus a 2 bed cottage all on a 13,000+ sf. lot with an ocean view. This home also has a newer roof (May 2015) and is easy to show.
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Vacation Condos Over $1M
Montage Residences Kapalua
#6301
Kapalua
$3.1M (FS)
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A truly one-of-a-kind opportunity to own along the West Maui shoreline, overlooking the white sandy crescent of Kapalua Bay, with panoramic ocean views framed by the neighboring islands of Molokai and Lanai. Located within the renowned Kapalua Resort, home to two championship golf courses, miles of hiking trails and an array of ocean activities. Montage Residences Kapalua Bay offers a rare opportunity to fully embrace the Montage lifestyle.
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Vacation Condos Under $1M
Kamaole Sands #8-101
Kihei
$499K (FS)
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A gorgeous newly renovated 1 bedroom, 2 bath ground 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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Kihei Akahi #C302
Kihei
$675K (FS)
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You'll be impressed with the beautiful remodel in this 2 bed, 2 bath ocean view unit at Kihei Akahi, just a stone's throw from Kamaole Beach Park II. Equally impressive are the quartz countertops, white shaker cabinets, gas range, stainless appliances, three new split AC units (very quiet), full size washer/dryer, and tile floors in the kitchen, living room, and both baths.
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Maui Banyan #P403
Kihei
$775K (FS)
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Best location in the complex! Enjoy superior ocean views from this top floor 2 bed, 2 bath penthouse 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. It also has a fully equipped kitchen with stainless steel appliances.
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Kauhale Makai #614
Kihei
$899K (FS)
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One of only four front row, top floor units! Kauhale Makai 614 is a beautifully renovated 2 bed, 2 bath oceanfront condo with double lanais. Expansive ocean and outer island views from every room make this a one of a kind condo. Tastefully renovated in 2015 with Kraftmaid cabinetry, granite countertops and tile throughout.
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Residential Condos Over $1M
Keala O Wailea #67-202
Wailea
$1,325,000 (FS)
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A lovely 2 bed, 2 bath unit at Keala o Wailea with stunning ocean views. This unit shows like a model home with contemporary finishes and a sleek layout. This unit feature Bosch stainless steel appliances, a kitchen island and a large living area. Enjoy exquisite ocean and mountain views from the master bedroom and custom closets by Maui Closet company.
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Kapalua Ironwoods #31
Kapalua
$2.85M (FS)
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Imagine yourself waking up to the sound of the ocean and enjoying Maui’s magical sunsets each night from your lanai. This stunning 2 bed, 3 bath residence is nestled on the Kapalua coastline in the Kapalua Ironwoods, a gated community featuring a pool, spa, tennis courts and resident manager. It features sweeping views from the beach at Oneloa Bay, across the Kapalua Bay Golf Course, and out to Honolua Bay.
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Residential Condos Under $1M
Keonekai Villages #17-102
Kihei
$439K (FS)
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This ground floor condo in the rarely available Keonekai Villages complex was remodeled in 2015. This unit has 2 beds, 2 full baths and includes 2 tandem parking spaces (one of which is a covered carport). The kitchen includes light and bright cabinets and appliances.
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Hoolea Terrace at Kehalani
#2804
Wailuku
$499,500 (FS)
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Welcome to one of the best locations at Ho’ole’a Terrace at Kehalani, Unit #2804! Perched on the slopes of the West Maui mountains in Wailuku, this popular 3 bed, 2 bath single level corner unit is at the top of the subdivision and is amongst the largest of floor plans in the complex. Located on the oceanside in the midst of tropical landscaping you will find privacy and easy access.
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Villas at Kehalani #1903
Wailuku
$999K (FS)
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Welcome home to The Villas at Kehalani, Wailuku's exclusive gated community of luxury townhomes. Villa 1903 is a rare 4 bed, 2.5 bath floor plan (only 4 exist in the complex) to be offered for sale. With captivating ocean and mountain views that span from Kahului Harbor to Haleakala, the city lights of Kahului at night and the lush West Maui Mountains as backdrop, this location is hard to beat.
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685 Olinda Rd
Olinda
$1,795,000 (FS)
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Enjoy ultimate privacy and great ocean views from this gorgeous 40 acres of gently sloping, rolling pasture land in Lower Olinda. Ideally located with gated driveway access just 1/3 mile from Seabury Hall. This location offers country living, views and space, yet you’re conveniently just moments away from charming Makawao Town.
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