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Aloha
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In this newsletter:
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Breathtaking Oceanfront Home
30 Malie Place
Kuau
$7.45M (FS)
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National Association of Realtors® Reminds Members and Consumers of Real Estate Practice Change Implementation on August 17, 2024
The National Association of Realtors® reminds members, real estate professionals, and consumers that on August 17, 2024 the practice changes following NAR’s Settlement Agreement that would resolve claims brought on behalf of home sellers related to broker commissions will be implemented across the country.
NAR recommends all MLSs implement practice changes by August 17. Realtor® MLSs (those owned exclusively by one or more Realtor® Associations) must implement the changes by this date to remain in compliance with NAR policy.
Under the settlement, the following practice changes will take effect:
- Offers of compensation will be prohibited on Multiple Listing Services (MLSs). Offers of compensation will continue to be an option consumers can pursue off-MLS through negotiation and consultation with real estate professionals. Offers of compensation help make homeownership and the benefits of professional representation more accessible to buyers—especially first-time homebuyers—increase homeownership opportunities for historically underserved groups, and benefit sellers by expanding the potential buyer pool and ensuring they receive the best offer possible for their property.
- Agents working with a buyer must enter into a written buyer agreement before touring a home. The practice changes do not require an agency agreement or dictate any type of relationship. NAR encourages all members to address form changes and prepare to educate real estate professionals and consumers about revised forms as soon as possible ahead of August 17. NAR policy does not dictate terms of buyer agreements, but NAR has created resources to assist with implementation of the settlement terms—such as tips on clarity and emphasizing consumer choice and a "Written Buyer Agreements 101" resource.
"NAR members are dedicated, intelligent, and highly adaptable experts in their fields—that’s why Realtors® are such an integral part of the homebuying and selling process," said Kevin Sears, President of NAR. "These changes help to further empower consumers with clarity and choice when buying and selling a home. As the August 17 practice change implementation date approaches, I am confident in our members’ abilities to prepare for and embrace this evolution of our industry and help to guide consumers in the new landscape."
Consumers can find additional information on what these changes mean for their homebuying and selling experiences in NAR’s buyers and sellers guides. For NAR members, the practice changes are outlined in detail here, and detailed information is available in NAR’s FAQ. Please visit fact.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), Gregory Smith R(B)
The Smith Team
P.S. Kamehamenui Forest Reserve wildlife control hunt announced on Maui.
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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346 (305)
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121 (93)
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743 (529)
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+4 |
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Condos
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732 (318)
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84 (39)
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916 (367)
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+16 |
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Land
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179 (76)
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28 (8)
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184 (76)
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+5 |
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Total
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1257 (699)
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233 (140)
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1843 (972)
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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 the number of active listings from the previous week.
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Homes Over $1M
1039 Ulele Street
Makawao
$1.35M (FS) |
This conveniently located, spacious home boosts an open floor plan with a possible mother in law or Ohana suite that has it's own separate entrance in addition to the 3 large bedrooms upstairs. Enjoy ocean views that are a must see from inside and outside of this home. Nestled on one of the flattest lots in Makawao Ranch acres.
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145 Oluea Circle
Kihei
$1.38M (FS) |
This charming home has 3 bedrooms, 2 bathrooms, and attached single car garage. A beautifully updated kitchen was recently finished with stunning quartzite countertops and all new appliances, including new induction cooktop, double oven, refrigerator, dishwasher, and cooktop hood. Other great features include the custom ipe wood decks.
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24 Lehopulu Way
Makawao
$1.529M (FS) |
This split-level home captures cool breezes and views of the north shore, ocean, and West Maui Mountains from the upper and lower levels. Located within a peaceful neighborhood, middle of a cul de sac, you feel a sense of peace from the time you reach the entry. The yard has huge potential with two mature mango trees and room for an ohana to be built.
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Homes Under $1M
8085 Hana Highway
Haiku
$799K (FS) |
This home is fully remodeled along with the Ohana home on the property. All new windows, doors, LVP flooring, 3 tone paint, exterior paint, new fixtures and new kitchen and bathrooms. It is quite private, green and beautiful. The extra home is a bonus as a rental or family unit. The home is vacant and move in ready.
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208 North Market Street
Wailuku
$949K (FS) |
Great multi living or rental opportunity awaits you with this 5 bedroom 3 bathroom two-story home, snuggled between N. Market and Mill St. in downtown Wailuku. Leased Photovoltaic System was installed in 2022.
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147 South Papa Avenue
Kahului
$950K (FS) |
Great opportunity to own this single-level home located in the heart of Kahului. With 4 bedrooms and 2 baths, this is a perfect home for multifamily living or larger families. The flexible floor plan has 3 bedrooms in the front of the house with mother-in-law quarters located in the back of the house with it's own separate entrance.
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Vacation Condos Over $1M
Hoolei J-2
Wailea
$5.295M (FS)
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This spacious two-story, 3 bedroom, 3.5 bath townhome-style Villa has 2,426 square feet of living area and is gracefully located on the desirable third row in the heart of one of Wailea's most sought after vacation communities. Ho'olei is perfectly positioned to maximize ocean views.
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Wailea Beach Villas 404
Wailea
$5.498M (FS)
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This exquisite 2 bedroom, 2 bathroom plus den penthouse is nestled along the golden sands of Wailea Beach on the beautiful shores of South Maui. With direct beach access just steps away, this villa welcomes you to indulge in daily beach walks, witness captivating sunsets, or simply unwind to the soothing sounds of the therapeutic waves.
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Wailea Point 901
Wailea
$6.695M (FS)
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This 3 bedroom, 4 bath, two-level, 2554 s.f. ocean & West Maui Mountain view home features custom designer finishes & masterful architectural details throughout. Everywhere you look, the quality of the materials & attention to detail is exhilarating. Upon entering, the custom cherry wood & illuminated glass staircase.
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Vacation Condos Under $1M
Residential Condos Over $1M
Villas at Kehalani 2802
Wailuku
$1.15M (FS)
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Beautiful townhouse on the top row of the Villas at Kehalani, a luxury gated community in Wailuku Heights, a neighborhood on the slopes of the West Maui Mountains. Wailuku Heights enjoys a very pleasant climate and is centrally located. This home boasts fantastic views of the ocean, Haleakala, and the West Maui Mountains and also lets you experience spectacular sunrises.
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Kai Ani Village 4-106/206
Kihei
$1.188M (FS)
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This unit is located on the desirable Lipoa-side of the complex. The ground-floor office space complete with en-suite half bathroom can be rented out separately or used by the new owner for a multitude of purposes. Up one flight of stairs is the tiled, main living area with 16 foot high vaulted ceilings, kitchen, guest bedroom, guest bathroom and full-size washer and dryer.
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Paradise Ridge Estates 204
Kihei
$1.49M (FS)
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Golden sandy beaches and crystal blue waters await as you gaze upon majestic whales from your luxurious and exclusive estate. Nestled atop a bluff in South Maui, delight in breathtaking ocean and mountain views as you enjoy the lovely waterfall-pool and hot tub complete with pavilion.
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Wailea Palms 3706
Wailea
$1.598M (FS)
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This stunning 2 bedroom, 2 bath upstairs unit in the exclusive residential gated community of Wailea Palms is ideally located on the greenbelt with breathtaking ocean and mountain views. The central great room is filled with natural light from windows in all directions, and opens onto a wraparound lanai area where you can relax and take in the ocean views and the West Maui mountains.
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Ke Alii Ocean Villas A-102
Kihei
$1.65M (FS)
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This fully furnished ground level floor unit at Ke Alii Ocean Villas is perfectly positioned with beautiful ocean views just a few steps to Kamaole Beach I. The Large lanai features ocean views, and stunning sunsets with access from both the living room and the master bedroom. New Central AC, recently painted, and electric powered sun shade included for the lanai.
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Coconut Grove 32
Kapalua
$6.495M (FS)
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Nestled on the coveted shores of Kapalua Bay, this spacious 2nd story 3 bedroom residence has a ground-floor entry with private elevator access. It boasts stunning vistas from the oceanfront office, lavish living room, and a serene primary bedroom with incredible panoramic sunset views between the outer islands of Lanai and Molokai.
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Residential Condos Under $1M
Harbor Lights D-323
Kahului
$258K (FS)
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Unit with an ocean view, 2 bedrooms, 1.5 baths and 787 square foot interior. Enjoy breathtaking view of the sparkling waters right from the comfort of your own home. Built in 1974, this fee simple condominium for sale on Maui features concrete construction and two elevators in each building making it easy to get to the third floor.
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Kihei Villages 49-201
Kihei
$534.9K (FS)
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This stunning 2 bedroom, 1.5 bath upstairs unit is perfectly located steps away from Kenolio Park and within walking distance to Sugar Beach. With no road noise, this unit is perfect for anyone seeking a peaceful and tranquil retreat. This unit has been updated with porcelain tile floors in the kitchen and baths, recessed lighting in the kitchen.
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Haleakala Gardens 16-G
Kihei
$579.9K (FS)
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This well-cared-for and lovingly-maintained condo is set back in a great quiet location of the complex away from road noise. Furnished and move-in ready, the unit boasts 2 bedrooms and 2 recently remodeled bathrooms, vaulted ceilings give a more spacious feel, newer carpet, attic exhaust fans to help keep you cool, in addition to 3 room A/C's, and two parking stalls.
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Iao Parkside 27-204
Wailuku
$699K (FS)
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This gorgeous 2 bedroom, 1 bath completed remodeled upstairs unit features luxury vinyl plank flooring throughout, which gives it a modern and sophisticated feel. The newly renovated kitchen and bath boast light wood cabinetry and elegant granite countertops. You'll love the brand new stainless steel appliances in the kitchen that provide both style and convenience.
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Kai Ani Village 15-102
Kihei
$929K (FS)
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Embrace Maui’s laid-back lifestyle where comfort meets coastal elegance at this stunning and centrally located Kai Ani Village beach retreat. Step inside this charming ground-floor 2 bedroom 2 bathroom condo. With an open-concept design, updated luxury vinyl flooring, granite countertops, new ceiling fans, split ACs throughout, and new tasteful furnishings.
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Cottage at Kulamalu 3
Pukalani
$989K (FS)
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This lovely, stand alone and move in ready home in The Cottages at Kulamalu offers an open concept and flexible floor plan with travertine tile throughout the ground floor, extending out to the patio as well. You'll enjoy this beautiful and well appointed kitchen which boasts granite counters, eat in bar top that seats 4, along with a dedicated dining area.
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Vacant Land
389 Neki Place
Wailuku
$349K (FS)
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Opportunity awaits for this agricultural zoned lot on a quiet cul-de-sac in Wailuku. Unobstructed Mountain & Ocean views with a two story build and No HOA. Partially fenced with a rolling gate. Property has free county water available for use, while awaiting final approval for the meter.
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