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
About Maui Our Listings Property Search Rentals Blog Contact Us
 
Issue 1068 September 19th, 2023
 

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 (4)
Condos
Land
New Properties 
Price Reductions  

Short Sales
Homes

Condos
Land
New Properties

Price Reductions 

Plantation Style Living 
   feature   

65 Wili Okai Way
Launiupoko

$11M (FS)


 Four Seasons Resort Maui  

IMG_2981

Four Seasons Resort Maui at Wailea presents Love for Lāhainā, a series of culinary pop-up events developed to support the hospitality industry and farmers across the island who have been directly impacted by the recent wildfires on the island’s west side. Enjoy signature dishes from celebrated Lāhainā restaurants and beloved chefs, as you give back to our community. All proceeds directly benefit those who have lost their jobs and homes.

They offer a wide variety of dining options with their extensive selection of dining choices:

  • Poolside Dining
  • Dos Hombres Cocina
  • Ferraro's Bar e Ristorante
  • Duo Steak and Seafood
  • Spago
  • In-Room Dining
  • Lobby Lounge
  • Beachwalk Cafe

To learn more about the Four Seasons Resort Maui at Wailea, please click here.

Mahalo Nui Loa,

Ken Smith R(S), Melissa Smith R(B), Gregory Smith R(B) 


The Smith Team

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Market Watch
 
Active
Pending
Sold
Change
Homes
206 (166)
117 (81)
783 (482)
-24
Condos
208 (100)
152 (100)
1009 (345)
-10
Land
131 (62)
 23 (7)
197 (57)
+4
Total
545 (328)
292 (188)
1989 (884)
-30
 
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

116 Aliilani
116 Aliilani Place 
Kihei
$1.1M (FS)
Single Story home Close to beach, shopping, resorts, golf, etc. Very convenient location as it is also located near the new Kihei High School. This home is well maintained and Minor repairs to closet, doors and drywalls were done very recently. Site is on a dead-end street on a quite neighborhood. Driveway and street parking available. Great opportunity for homeowner occupant and or rental opportunity for the investor.
28 Alaiki
28 Alaiki Place
Makawao
$1.199M (FS)
The large lot offers a private atmosphere with ample yard space with room for future expansion or addition of an ohana dwelling. Inside, you'll discover 3 comfortable bedrooms, 2 full bathrooms, and an additional half bath. A cozy fireplace enhances the living room area. There is a convenient indoor laundry facility and a secured storage room integrated into the carport space.
220 Nehu Pl
220 Nehu Place 
Kihei
$1.249M (FS)
Take advantage of owning a multi-generational home, with flexible living spaces, on a corner lot, near the start of North Kihei. Additional features include a new roof in 2018, recently painted interior/exterior in 2023 and various updates that occurred throughout the years. 
15 Omaka Pl
15 Omaka Place
Kihei
$1.499M (FS)
This exceptional residence boasts a coveted open-concept design, featuring multiple entertainment areas and captivating ocean vistas from the second level. Centrally situated, the property encompasses 1,152 square feet of living space upstairs and 672 square feet of living downstairs. This property is further complemented by a spacious garage, multiple parking spaces.
3408 Hookipa Pl
3408 Hookipa Place
Kihei
$2.999M (FS)
A newer construction 4 bedroom, 4 bath marvel with massive panoramic ocean views. From your expansive two-story lanai you can watch breathtaking sunsets, seasonal whaler breaches, and all of the islands of Kaho'olawe, Molokini, Lanai, the West Maui's and even the North Shore of Maui. Enjoy high-end features like ensuite bathrooms with walk-in showers, a soaking tub, and dual office spaces all with ocean vistas. 

Homes Under $1M

2153 D Holowai
2153 D Holowai Road
Wailuku
$650K (FS)
Nestled in upper Happy Valley, the home and ohana have a 30'x35' greenhouse. Holowai Place is partial public and partially private road. This property has been rented since 2005. House and cottage are vacant and easy to show. House was tented in October and is being sold "As-Is".
 
 285A S Market St 
285A South Market Street
Wailuku
$699K (FS)
Very cute little oasis in the heart of Wailuku, with privacy, and convenience to all the town has to offer. It's an old plantation home and the Seller has put a lot of love into it. Right across the street from Io School, it's an excellent spot for anyone working nearby, orjust loves the quaint, quiet ambience of the area.
 
755 Analio St
755 Analio Street
Wailuku
$999K (FS)
Stunning ocean and mountain views (Haleakala and West Maui Mts). Ready to move in. Many improvements over the last couple of years. This home is in excellent condition. Very easy to show. The large ohana unit adds another 480 sq ft and has a separate entrance.
 

Vacation Condos Over $1M

 Luana Kai 
Luana Kai D-305
Kihei
$1.4M (FS)
This unit is ideal for watching kite boarders, surfers, windsurfers or the paddleboarders. This unit has floor to ceiling sliding glass doors that open to the private lanai. Main living is open floor plan with vaulted ceilings. The unit is updated with modern furnishings and art from one of the famous local Maui artists Ed Lane. Most of the art will stay. The kitchen has stainless steel appliances and granite countertops.
Wailea Ekahi 2
Wailea Ekahi 24-B
Wailea
$1.735M (FS)
This spacious 1 bedroom, 2 bath ground floor unit has been completely remodeled in 2020 with no expense spared. Step inside and be greeted by the modern interior, featuring brand new floors, added lights, and two new split A/C units. The full-size gourmet kitchen is a chef's dream, boasting quartz countertops and new stainless steel appliances. 
Wailea Ekahi II
Wailea Ekahi 39-D
Wailea
$1.819M (FS)
This fully furnished, turnkey upstairs corner unit was renovated with a stunning Balinese theme. The walls are velvet textured Italian plaster, the high vaulted ceilings feature finishes with natural lauhala trimmed with bamboo beams, and the floors feature travertine, edge-grained bamboo, and carpet. Relax in tropical breezes from an Ocean view lanai accessed.
 Honua Kai 2 
Honua Kai - Konea NR549
Kaanapali
$4.549M (FS)
This home sleeps eight comfortably, and comes fully furnished and turnkey for the new owner. 3 bedroom 3 bath home. It comes loaded with recent upgrades such as a newer dishwasher, refrigerator, water heater and microwave. Enjoy cooking from simple to gourmet meals in your Viking kitchen. Watching whales as the sun sets while sipping wine from your lanai makes for a perfect ending to your day. 

Vacation Condos Under $1M

Koa Resort
Koa Resort 5-E
Kihei
$680K (FS)
This ground-floor, 1 bedroom 1 bath vacation rentable unit is ideally positioned near the property’s pool, spa, 2 tennis courts, putting green, shuffleboard, cabana, and soon-to-be pickle ball court. With over 5 acres of lush foliage, there is plenty of space to spread out and enjoy the sea breeze from this incredible low-density condominium. 
 
Maui Kai
Maui Kai 806
Honokowai
$799.9K (FS)
Stunning furnished studio condo that offers a spacious floor plan unlike any other in its category. Perched on the eighth floor, this unit provides breathtaking, unobstructed views that stretch as far as the eye can see. From your expansive private balcony lanai, you can marvel at the graceful movements of turtles and dolphins, as well as the awe­-inspiring beauty of the neighboring islands of Lanai and Molokai.
Maui Sunset
Maui Sunset A-116
Kihei
$910K (FS)
A beautiful first-floor 1 bedroom, 2 bathroom oceanfront beach condo is now available within the lovely Maui Sunset resort property in Kihei. This stunning property is ideally positioned alongside the picturesque coastline and offers over five acres of pristine putting green quality lawns, fitness center, shuffleboards, BBQs, and massive oceanfront pavilions with Jacuzzi activities to the concierge services. 

Residential Condos Over $1M

Masters
Masters 1804
Kaanapali
$1.55M (FS)
This 2 bedroom 2 bathroom upstairs fully furnished unit has 1512 square feet of living area. Three A/C units. Large parking area assigned parking stall and open guest stall. The Masters is an exclusive luxury gated community on Kaanapali Hillside offering 38 acres of lush landscaping, swimming pools, hot tubs, tennis courts and large park areas and on-site security. Artwork is excluded from the sale.
Keala O Wailea
Keala O Wailea 5-103
Wailea
$2.495M (FS)
Experience the pinnacle of luxury living with this captivating 2-bedroom, 2-bathroom villa nestled within the esteemed Keala O Wailea community. Located just off the sun drenched shores of Wailea, Maui this exquisite residence captures the very essence of Maui's natural beauty, with a twist of contemporary elegance. 

Residential Condos Under $1M

Kihei Villages V 36-202
Kihei
$529K (FS)
This lovely upper condo is situated within a short walk to a nice sandy beach in a quiet garden setting with flowering trees all around. Easy access to your parking space and a short stroll to the Sugar Beach Bakery, Kihei Farmers Market and the Kihei Canoe Club. The Boys and Girls club is conveniently located just outside the complex for after school activities. Relax or play in the beautiful park setting across the street from the white sand beach.  
 
Iao Parkside
Iao Parkside 29-206
Wailuku
$599K (FS)
Absolutely Lovely 2nd floor unit offers the perfect blend of space and affordability. This 980 square foot condo is being sold unfurnished and features 3 bedrooms and 2 bathrooms, plus it is a corner location with extra windows to keep it light and bright. The kitchen and baths were updated in 2020, and there is an ocean view from the living room, covered lanai and primary bedroom.
 
Hoolea Terrace at Kehalani
Hoolea Terrace 1203
Wailuku
$625K (FS)
Very well maintained and being sold partially furnished for immediate move-in! Hoolea at Kehalani is a highly desired condo community close to schools and parks located on the cool mountainside of the central valley. Great upgrades include Tiger wood and ceramic tile flooring, stainless appliances, granite counter tops, upgraded cabinets, plantation shutters, kitchen light fixtures, and more. 
 

Vacant Land

2767 Unit
2767 Unit B Hana Highway Lot 2
Hana
$329K (FS)
Nearly half an acre of very private vacant land on the ocean side of Hana Hwy. Easy access to the parcel with nice, gently sloping land that will be easy to build on. Just five minutes to world class surfing at Hookipa Beach Park, Haiku and Paia towns with their shops and restaurants. This is the cottage portion of a CPR, including .4365 acres.
 
217 Hopo'i
217 Hopo'i Place Lot 54
Wailuku
$545K (FS)
This is a graded homesite with all utilities included. Prepare to be captivated by the awe-inspiring views that stretch before you. From this elevated vantage point, you'll enjoy panoramic vistas that encompass the sparkling Pacific Ocean, the rugged beauty of Northshore Maui, and the majestic presence of Haleakala. Imagine waking up to spectacular sunrises over the mountain and savoring the tranquil sunsets over the ocean each evening.
 
   
 

 
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
US

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