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Aloha Valued Subscriber
Market Update
Olinda Organic Farms won the prestigious top coffee award last week Friday at the 10th annual Seed to Cup Coffee Festival held at the Maui Tropical Plantation. Maui made history this year by taking more top 10 places than any other district. The Big Island has dominated the festival since it's inception 10 years ago with their world famous Kona coffee.
Hawaii is the only state in the U.S. to grow commercial coffee. Thanks to our verdant, lush landscape there are 6,000 acres under cultivation producing 7-8 million pounds of coffee annually. Though coffee production on the Big Island is at a much larger scale Maui is catching up. There are currently 50 commercial coffee farms on Maui cultivating 500 acres mainly in Kaanapali, Hana and on the slopes of Haleakala.
The major challenges Maui coffee growers face are the coffee berry borer and the high cost of real estate. The coffee berry borer is a beetle that bores into the coffee cherries and lays eggs that feed on the bean and reduce the yield and the quality of the coffee. Maui coffee growers meet often to discuss preventative measures to take against the beetle and to prevent the spread of it when discovered.
Coffee growers are also concerned about the high cost of real estate on the island preventing them from expanding their farm operations. They hope that Act 116, signed in the law earlier this month will assist coffee plantations with expanding their agricultural practices on to the now fallow sugar cane lands.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa, Greg and Lindsey
P.S. - Hawaiian Airlines will be adding 3 new direct flights from the West Coast to the neighbor islands in 2018. A direct flight from Portland to Maui will begin on January, 18th. They will also be adding a direct flight from Oakland to Kauai and Los Angeles to Kona.
Melissa Smith R (B), Ken Smith R (S), Gregory Smith R (B), Lindsey Taylor R (S)
Market Watch
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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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537 (300)
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261 (43)
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1087 (243)
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-3 |
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Condos
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689 (201)
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267 (24)
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1373 (180)
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-22 |
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Land
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335 (124)
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38 (10)
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184 (18)
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0 |
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Total
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1561 (625)
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566 (77)
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2644 (441)
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-25 |
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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
3450 Malina Place
Maui Meadows
$1.4999M (FS) |
Enjoy the feeling of old Hawaii with this beautiful Hawaiian Pole House in Maui Meadows. This spacious 3 bed, 3 bath home with additional 1 bed, 1 bath ohana is tucked away towards the end of a quiet culdesac for maximum privacy and serenity. The lush landscaping also adds to the feeling of having your own tropical oasis.
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108 South Lauhoe Place
Lahaina
$2.5M (FS) |
Versatility sets this fantastic West Maui gentleman's ranch apart. Priced well below appraised value and set on 5.79 acres overlooking the Pacific Ocean, this unique property has been custom built with a country lifestyle in mind. The charming, air conditioned 3 bed, 2 bath main home features vaulted ceilings, double pane windows, and a generous kitchen.
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 1860 Olinda Road
Makawao
$2.6M (FS) |
Located in magical Olinda, high above Historic Makawao Town, this estate is known as "Angel's Nest", and for good reason. When you are in the "Nest", you feel like you are in Heaven!. There are endless unobstructed bicoastal down country views from throughout the home. The 5 bed, 4.5 bath main home has gorgeous real wooden floors and high quality Koa wood in the kitchen, entry and bedrooms. Sauna, lap pool and hot tub are perfect for everyday relaxing or entertaining.
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214 Kawehi Place
Kula
$2.695M (FS) |
20 Gorgeous Acres in Kula with huge bicoastal views. The elevation change is from 3500 to 4000 feet from the bottom of the property to the top with privacy afforded by gulches bordering two sides and ranch land to the rear. Plus, a quaint cabin and a soaring 4000 sq ft, loft style home designed by renowned architect Bart Prince which has a floor plan that can be rearranged to accommodate different lifestyles.
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Homes Under $1M
28 Door of Faith Road
Haiku
$408K (FS) |
Beautiful 1 acre all usable lot in Huelo with many mature fruit trees, such as coconuts, mountain apple, mango, orange, banana and papaya. There is a 2 bed, 1 bath home with 1,852 sq ft of living area. Property is just 15 minutes away from the Kahului Airport, shopping and beaches.
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200 West Lanai Street
Lanai
$485K (FS) |
Conveniently located in a desirable area of central Maui. Minutes away from the airport, shopping, restaurants and schools. No association dues. 3 bed, 1 bath main home needs TLC but has lots of potential. Some renovations have been done to the bathroom along with a few plumbing upgrades. Detached cottage, has its own dedicated driveway with a one car carport.
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27 Kuualoha Street
Kahului
$595K (FS) |
Beautifully maintained 3 bed, 3 bath single level home in the Greens at Maui Lani. Features include tile and laminate flooring, central A/C, solar hot water, and a photo voltaic system. The open living and dining room area lead to a spacious back yard that is completely fenced in.
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107 Kamahao Street
Wailuku
$699K (FS) |
This home is located on one of few premium lots in Waikapu Gardens. Scenic views from the front and back large windows. This amazing floor plan is a 2 story/split level home with living room, kitchen, 2 full bathrooms and 2 bedrooms, laundry area upstairs. Downstairs has 3 bedrooms, 2 bathrooms, living room with wet-bar/kitchenette and its own laundry area as well.
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Vacation Condos Over $1M
Palms at Wailea #1003
Wailea
$1.195M (FS) |
This large 2 bedroom ocean view unit is located at the Palms, a very popular vacation rental destination. The complex boasts a beautiful pool and tropical grounds. It is one of Wailea’s most desirable resort communities, conveniently located close to beaches, the Shops of Wailea, and the Wailea Blue Golf Course.
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Honua Kai Konea #326
Kaanapali
$1.35M (FS) |
Great Honua Kai condo now for sale. K326 offers great mountain views and enjoys the endless Maui breezes and rainbows from its lanai. Boasting a huge kitchen with full Bosch appliance package, this is truly and entertainers home. Sleeps 6 comfortably. This 2 bed, 2 bath home participates in a very active rental program.
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Montage #2502
Kapalua
$4.25M (FS) |
Montage Residences Kapalua Bay. 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. This 3 bed, 3.5 bath unit is located within the renowned Kapalua Resort, home to two championship golf courses, miles of hiking trails and an array of ocean activities.
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Vacation Condos Under $1M
Maui Vista #3202
Kihei
$315K (FS) |
Very Nice, Lightly upgraded 1 bedroom at Maui Vista with western exposure. Each building has its own swimming pool, tennis courts and BBQ and plenty of open parking. Centrally located in Kihei, across the street from Charlie Young Beach, (Kam 1). Very quiet condo located in the 3rd building.
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Kihei Akahi #C-304
Kihei
$365K (FS) |
Fantastic Ocean and Volcano views from this featured 1 bed, 1 bath resort condo which has been well maintained and cared for with updates made throughout this wonderful unit. The condo has had very light use with only long-term tenancy and periodic owner usage. Being sold completely furnished with all the inventory included allowing for a turn-key vacation rental property for any investor.
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Maui Vista #2417
Kihei$463.5K (FS)
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Welcome to Maui Vista 2417, a well-updated, spacious, luxuriously-appointed 2 bed, 2 bath condominium that allows vacation rentals in the heart of South Kihei. Updated in 2015 with new flooring, new air conditioner, freshly painted, and stylish furniture, this presents one of the strongest opportunities for a discriminating Buyer.
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Polynesian Shores #103
Honokowai
$489K (FS) |
Fantastic Ocean views across the tropical grounds toward the Island of Lanai and amazing Sunsets. The ground floor location of this 1 bed, 1 bath unit has the expansive Ocean view and is just 80 feet from the Ocean. So close to the water that all you hear is the sound of the surf. Walk through lush Tropical gardens to the entry and then step into this exceptionally comfortable and serene setting.
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Residential Condos
Puuone Towers #305
Wailuku
$225K (FS) |
Enjoy the pleasant breezes through the unit and the ocean and mountain views from the lanai. This updated 2 bedroom unit has 1.5 bathrooms with a shared shower/tub combination. New carpeting throughout! The kitchen has been remodeled to open into the living area and is larger with more storage and counter space than many other units.
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Kihei Villages #7-206
Kihei
$230K (FS) |
Bank Owned - Situated at the very top row and South East corner is Kihei Villages #7-206. This 2 bed, 1.5 bath unit backs up to a large open space with views to Haleakala in the distance. Here is excellent opportunity for someone looking for a second floor apartment with a large deck, AC in the living room, some privacy and mountain views.
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Iao Parkside #18-203
Wailuku
$280K (FS) |
Well kept 2 bed, 2 bath upstairs corner unit facing Eha St. Tenant has kept apartment clean and neat. Trade winds from North keeps unit cool. Iao Parkside is convenient to "Central Maui's shopping, businesses, recreational facilities, medical facilities, etc.
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Kihei Shores #D102
Kihei
$298K (FS) |
Kihei Shores, 2 bed, 2 bath true ground floor unit with no steps. Desirable “D" Building location, with parking directly in front of the unit. Living room has direct access to the peaceful "back yard” area creating terrific privacy and nice garden like setting. This location is in a private area of the complex with fewer units than most other buildings Kihei Shores is conventionally located across from the white sand beaches of Kamaole 3.
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Flats at Kamalani #808
Kihei
$315K (FS) |
A great opportunity in north Kihei – brand new, affordable condominium homes. Full-equipped, with gas range and oven, refrigerator, full-size stacked washer and gas dryer, fiber-optic high-speed internet, private yards and two assigned parking stalls. The 2bed, 1.5 bath units are approximately 755 sq ft indoor living area and private yard of approximately 105-115 sq ft.
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Kai Ani Village #9-102
Kihei
$535K (FS) |
Relax on the your very private Lanai that is at the back portion of the complex for quiet and serenity. This newer condo is highly upgraded with high end floors, Granite counters, and stainless steel appliances. Pride of ownership shown in this pristine and beautiful 2 bed, 2 bath condo. Located on the 1st floor with no stairs. Close to parking.
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Vacant Land
43 Naniuka Place
Makawao
$350K (FS) |
Absolute value, priced well below current tax assessed valuation. Vacant 2.02 acre lot that is clear, with slight slope upward towards Haleakala adding a little privacy on the back border, plus offering ocean views. Lot has a 5/8 water meter and is located at about 3,300 ft elevation in the Olinda Ranch Estates gated sub-division.
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371 South Kihei Road
Kihei
$1.3M (FS) |
This 2/3 acre cleared lot is ready to build your dream home, just steps away from the beach! North Kihei's Mai Poina 'Oe La'u Beach Park is directly across the street and one can walk that golden sandy beach for miles, as well as enjoy swimming, paddleboarding, kite surfing, and some of the most spectacular sunsets Maui has to offer. R-2 zoning allows for a spacious main home with accessory dwelling, potential 3-lot CPR, short-term rentals, or a bed & breakfast.
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