|
Aloha
|
In this newsletter:
|
An Ocean View Home
in Wailea
|
Market Update
2020 was an unprecedented year thanks to a global pandemic, widespread economic hardship and a tumultuous election. Despite all that, the Maui real estate market held remarkably steady even though inventory was and still is in short supply. Below you will find a snapshot of each major area of real estate on the island with a link to the complete report at the bottom of this intro.
Single Family Homes
Over the course of the year 1,055 single family homes were sold, which is down only 6% from 2019 in which 1,120 homes were sold. The median price for a home on Maui continues to rise and is now sitting at $795,575. The top three areas in which buyers were purchasing homes in 2020 were Wailuku, Kihei, and Kahului.
Condominiums
Over the course of the year 1,336 condos were sold, which is down 17% from 2019 in which 1,609 condos were sold. The median price for a condo on Maui rose 11% and is now sitting at $570,000. The top three areas in which buyers were purchasing condos in 2020 were Kihei, Napili and Kaanapali.
Vacant Land
Over the course of the year 206 pieces of land were sold, which is up 17% from 2019 in which 176 pieces of land were sold. The median price for land on Maui dropped 5% and is now sitting at $475,000. The top three areas in which buyers were purchasing land in 2020 were Haiku, Kula and Wailuku.
To view the full report with a much more detailed breakdown of each sector, follow this link.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. A Maui resident and high school student Aniston “Ana” Eyre embarked on a wild cross-country road trip during the summer of 2019. Starting in New York, Ana, her parents and her four siblings made the unforgettable journey to the west coast in a 1982 G-Wagon. The film, which won at the 2020 Hawaii International Film Festival can be enjoyed in full on YouTube. To read the full article on Maui Now click here.
| |
Active
|
Pending
|
Sold
|
Change
|
|
Homes
|
268 (195)
|
230 (83)
|
1059 (328)
|
-9 |
|
Condos
|
658 (192)
|
240 (32)
|
1341 (269)
|
-17 |
|
Land
|
231 (75)
|
79 (25)
|
208 (30)
|
-3 |
|
Total
|
1157 (462)
|
549 (140)
|
2608 (627)
|
-29 |
|
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.
|
|
Homes Over $1M
|
1581 Aa St
Lahaina
$1.2M (FS)
|
This great 5 bed, 3 bath family home with ocean views in Wahikuli is now ready for sale. This has been a family residence since 1968. The home features both a carport and garden entry, a kitchen with an informal dining and family space, a formal dining area and great room that opens up to an expansive deck with terrific ocean and outer island views.
|
3472 Hookipa Pl
Kihei
$1.24M (FS) |
Enjoy expansive, unobstructed ocean and neighbor island views from this well constructed 3 bed, 2 bath home. Located in South Maui near the top of the sloping Maui Meadows subdivision, this 1/2 acre lot with a pool is now part of an estate sale. While recent occupants neglected to care for the home, for those willing to put in the time, the fruits of your labors will be complemented by a fantastic location with stunning views of the Pacific.
|
|
72 Aolewa Pl
Kula
$1.75M (FS)
|
A perfectly elevated property, revealing epic, shore to shore ocean and Haleakala views from all 3 dwellings! Features a 3195 sf. main home plus two 800 sf. detached cottages. The beautifully maintained home offers a generous floor plan with multiple living areas, a spacious kitchen, a dining room, 3 beds (plus a loft), and 3 baths.
|
|
3386 E Lani Ikena Way
Wailea
$1,788,800 (FS)
|
An entertainers delight best describes this 3 bed, 2.5 bath, fully renovated & meticulously maintained Wailea Pualani residence. The fabulous curb appeal includes 2 majestic king palms. Enter the circular drive under the port cochere onto the open foyer, then enter the home through the double glass entry doors. The flooring consists of new travertine stone, bamboo wood, slate & carpeting.
|
Homes Under $1M
|
1697 Haiku Rd
Haiku
$693K (FS)
|
The story of the “stone house” will amaze you. This historic 3 bed, 1 bath home comes with a story that you would only find in history books. Built completely by hand carved stone, this home was completed in 1948 and stands as sturdy as ever. You will see detailed work around home including in the fireplace and back porch area that will bring memories of an era gone by.
|
|
362 Naholo Cir
Kahului
$729K (FS)
|
A house & cottage in Kahului on a spacious 8,012 sf. lot! Features a 3 bed, 2 bath main home with a gas stove, a large back multipurpose room, a 2-car garage, and a newer solar water heater system (installed in 2019). Many of the windows have also been upgraded to vinyl. The cottage features 1 bed and 1 bath with a storage closet.
|
|
297 Noe St
Kihei
$899K (FS)
|
This single level, 3 bed, 2 bath plantation style home sits on a 1/2 acre lot which is pretty rare for Kihei. The owners remodeled the main house in 2017. The main house is easy to show as it is vacant. The cottage can be shown on a second showing. This is your opportunity to own a great home with plenty of potential.
|
Vacation Condos Over $1M
|
Napili Point I #C24
Napili
$1,598,000 (FS)
|
A spectacular, direct oceanfront, 2 bed, 2 bath unit that is now fee simple. This beautiful beach spa condo offers a sparkling white quartz kitchen, expansive 18 ft. floor to ceiling windows, beautiful furnishings and a spacious two story floor plan. C-24 enjoys a unique vantage point of ever-changing ocean views with rainbows, whales, turtles, surf, majestic mountains, spectacular sunsets, sunrises and star filled skies.
|
|
Puamana #20-3
Lahaina
$1,849,000 (FS)
|
Unit 20-3 is a beautiful 3 bed, 3.5 bath townhome with a unique floor plan offering two master suites upstairs with brilliant ocean views. The open concept floor plan features a spacious kitchen with granite counter tops that opens to the living room and lanai. The expansive 28 ft. lanai adds extra tropical living space for grilling and enjoying time with family and friends.
|
|
Montage Residences #5104
Kapalua
$2,695,000 (FS)
|
This is Montage Residences Kapalua Bay. A truly one-of-a-kind opportunity to own a tranquil garden view residence with a private lawn along the West Maui shoreline. Enjoy being a few short steps from 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.
|
Vacation Condos Under $1M
|
Maui Vista #2321
Kihei
$425K (FS)
|
This sweet 1 bed, 1 bath condo at Maui Vista is the lowest priced in the complex and nestled in building 2 on the third floor, facing the ocean with a gorgeous shower tree providing privacy and shade. You will love the travertine tile throughout this unit, perfect for Maui beach living. There is a washer and dryer in this unit and an elevator in each concrete building for easy condo living.
|
|
Valley Isle Resort #1209
Kahana
$539K (FS)
|
A penthouse, 12th floor unit with amazing panoramic ocean views. This is a 1 bed, 1 bath furnished condominium, located on Kahana Beach in the Kahana Bay area. Enjoy the view from your private lanai or fall asleep to the sounds of the ocean. All furnishings included. The location is fantastic and directly across from the Kahana Shopping Center with excellent restaurants, shops and lots of amenities.
|
Kaanapali Shores #645
Kaanapali
$675K (FS)
|
Kaanapali Shores 645 gives you a beautiful ocean view location in the inner courtyard. You can enjoy relaxing on your private lanai enjoying the green space in the courtyard and a view of Molokai across the Pacific. Right now you can enjoy the famous Maui humpback whales breaching offshore. You also get to enjoy that view from the wide open interior of your condo.
|
Residential Condos Over $1M
|
Hokulani Golf Villas #31
Kihei
$1,415,000 (FS)
|
Hokulani Golf Villas is Kihei’s revered condominium property. Each unit is ‘freestanding’ which means there are no attached neighbors. There are stucco exteriors, Monier tile roofs & carriage style garage doors. Upon entering through the 8 ft. mahogany front door, you will appreciate the contemporary sculptural LED lighting, suspended from the 12-foot + high ceilings, & the Acacia wood & stone floors.
|
|
La'i Loa #8B
Wailea
$2.25M (FS)
|
This 3 bed, 3 bath home features an open and airy floor plan of approximately 1,746 sf. 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 countertops elevate each home to a sophisticated place. Defined by a signature sliding window wall in the great room and a generous ocean-facing lanai, each residence embodies casual island elegance and a truly seamless sense of indoor/outdoor living.
|
Residential Condos Under $1M
|
Kihei Shores #E301
Kahului
$459K (FS)
|
This completely refreshed 3 bed, 2 bath unit of more than 1,000 sf. could be just what the doctor ordered! Perfectly situated in beautiful South Maui close to Wailea, and only a stone's throw to world-class white sandy beaches, tasty dining options, fantastic ocean activities and shopping. With gleaming new finishes throughout, this well priced unit is move in ready and has space for your entire household.
|
|
Iao Parkside IV-B #33-206
Wailuku
$465K (FS)
|
This beautifully remodeled, top floor, 3 bed, 2 bath condo with a direct ocean view is a must-see at Iao Parkside! This represents a rare opportunity to own an impeccable corner-end unit. Showcasing an impressive 12 ft. high vaulted ceiling, all new Milgard double-pane vinyl windows throughout, Pergo Outlast water resistant hard surface laminate with tiled kitchen and bathrooms.
|
Villas at Kenolio #13F
Kihei
$465K (FS)
|
Welcome to this charming 2 bedroom, 2 bath unit located on the ground floor at the beautiful Villas at Kenolio. There is an AC unit in the living room along with a ceiling fan and carpet flooring. The kitchen is equipped with your basic kitchen appliances and has it's own dining area. There is tile flooring throughout with the two bedrooms carpeted. This complex is pet friendly.
|
|
747 Anapuni Loop
Kaanapali
$380K (FS)
|
Here is the best price value in Lanikeha, Maui's premier gated development on the Kaanapali hillside. With magnificent 180 degree ocean views as well as views of Lanai and Molokai in the distance, a clubhouse with opportunities for private bookings, a beautiful large pool, jacuzzi, a gym and a kitchen for those private events are all waiting for your use.
|
|
.jpeg "389860 (1)")
