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Issue 1128 November 12th, 2024
 

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 
(1)
Condos
Land (1)
New Properties 
Price Reductions  

Short Sales
Homes 
(2)
Condos
Land
New Properties

Price Reductions 

Luxury Living on Plantation Estates
410 Namalu Pl
410 Namalu Place
Kapalua

$15.75M (FS)
 

How Might Real Estate Be Affected by Trump’s Win
 

The impact of Donald Trump’s policies on real estate will depend on several factors, including potential tax reforms, interest rates, regulatory changes, and overall economic growth expectations. 

 

Trump’s previous tenure saw some real estate benefits, such as tax reforms that included higher deduction limits on mortgage interest, which helped certain segments; however, impacts vary by location, property type, and market segment.

 

Trump’s win might lead to an expectation of deregulation in real estate, which could be positive for developers, particularly in areas with high demand or where zoning laws have been a barrier. Investors might also anticipate potential tax incentives or lower capital gains taxes that could boost real estate transactions.

 

Interest rates are another big factor—if economic policies foster lower rates, that generally boosts real estate as borrowing becomes more affordable; however, broader economic indicators, including inflation, will also play a role in shaping the market’s reaction.
 

Mahalo Nui Loa,

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


The Smith Team

P.S. Median price of single-family homes drops to $1.3 million, down from record high of $1.4 million in September.
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Market Watch
 
Active
Pending
Sold
Change
Homes
335 (300)
116 (86)
748 (553)
+20
Condos
704 (285)
72 (23)
887 (386)
 +16
Land
182 (78)
 29 (8)
189 (81)
-7
Total
1221 (663)
217 (117)
1824 (1020)
+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 the number of active listings from the previous week.

 

Homes Over $1M

1505 Kilinoe Pl
1505 Kilinoe Place
Wailuku
$1.45M (FS)
This beautifully remodeled property features a spacious 3 bedroom, 2 bathroom main residence upstairs. Enjoy the elegance of vaulted ceilings, a sunken living room, and a cozy breakfast nook. The home also boasts a generous 3-car garage with an additional half bath, perfect for convenience and extra storage. This exceptional property combines modern amenities with the charm of island living. Don’t miss the opportunity to make it yours!
3051 Omaopio Rd
3051 Omaopio Road
Kula
$3.4M (FS)
This 4,410 sf home with 5 bedrooms and 5.5 bathrooms on 5 acres of prime Kula ag land offers breathtaking bicoastal views. A spectacular palm-tree lined driveway sets a magical scene for this special Maui property that includes 5-car garage parking, pool & a farm building.
519 Hana Hwy
519 Hana Highway
Kuau
$4.999M (FS)
These two homes (each with its own water meter) offer a peaceful escape just minutes from Paia Town. The beachfront house boasts sweeping ocean views and a front-row seat to the Tavares Bay surf break, while the primary suite offers a breathtaking vantage point imagine watching turtles and whales right from your bed.

Homes Under $1M

93 Maluhia Dr
93 Maluhia Drive
Wailuku
$650K (FS)
Charming and meticulously cared for 3 bedroom, 2 bathroom home, spanning 936 square feet in historic Wailuku. Step through the front door and be embraced by the inviting ambiance of a beach house, painted in serene ocean blues and warm Maui sun yellows. The great room, featuring beautifully refinished concrete floors.
1004 Kauhikoa Rd
1004 Kauhikoa Road
Haiku
$695K (FS)
This 2 bedroom and 1full bath home-built on post and pier structure and each of under the roof total area is 1,408 SF, which included living area, covered deck and carport. 150/M HOA fees are included Water, Trash, cable, and comment area landscaping. There are many fruit trees, flowers, a picnic table setting on lawn area of alongside of Kiilau stream.
18 Hoomoku Loop
18 Hoomoku Loop
Kahului
$779K (FS)
Welcome to this beautifully maintained 2 bedroom, 1 bath home in the heart of Kahului. This move in ready home has approximately 768 sqft of living space, sitting on a beautifully maintained lot of approximately 5,054 sqft. You will be greeted by a thoughtful floor plan with an open living & dining space with a galley kitchen. 

 
2350 Main St
2350 Main Street
Wailuku
$879K (FS)
This delightful 3 bedroom, 1.5 bathroom townhouse, ideally situated in the heart of Wailuku. Boasting spacious bedrooms with plenty of natural light and ample closet space, this home provides the comfort and practicality you’ve been searching for. The flexible layout includes a large finished downstairs area.

Vacation Condos Over $1M

Grand champions
Grand Champions 67
Wailea
$1.085M (FS)
This beautiful 1 bedroom, 2 bathroom ground-floor condo, located on the scenic second fairway of the Wailea Blue Golf Course. With ocean, mountain, and fairway views, this condo offers resort-like living in one of Wailea's most desirable locations. The spacious, private lanai is the perfect spot for enjoying morning coffee or watching incredible Maui sunsets.
Kaanapali Plantation
Kaanapali Plantation 18
Kaanapali
$1.695M (FS)
Unit is a two-story end unit with 2 ocean-view lanais, 2 bedrooms, 2.5 bathrooms, and a separate den/office, spread over 1545/sf of space. Beautifully remodeled, it boasts central AC and is being sold fully furnished. The open floor plan on the ground floor includes the kitchen, dining area, and living room facing the ocean and lanai.
Puamana
Puamana 272-3
Lahaina
$2.495M (FS)
This direct oceanfront 3 bedroom townhome is located on the secluded south side of Puamana. Offering majestic panoramic views of Lanai and Molokai, spectacular sunsets, and star-filled skies, all steps from the blue Pacific Ocean. At Puamana, you can enjoy a refreshing pool, tennis court, pickleball, three surf breaks, and a seasonal golden sand beach.

Vacation Condos Under $1M

Paki Maui
Paki Maui 318
Honokowai
$469K (FS)
Your perfect opportunity to own a condo in this popular oceanfront community where you can savor the comfort, convenience and carefree lifestyle of island living. Relax in the shade of the covered lanai, nestled amongst the verdant palm fronds, and listen to the soothing sounds of the waterfall cascading into the Koi pond in the courtyard garden oasis. 
Kalama Terrace
Kalama Terrace L-204
Kihei
$499K (FS)
Welcome to this charming 1 bedroom, 1 bath unit at Kalama Terrace! This condo features a newer gas stove and refrigerator, along with granite counters in the kitchen and updated wood cabinets, tiled shower walls, and tiled floors throughout. Enjoy the view of the peaceful grounds from your covered lanai area. Unit comes fully furnished. 
 Kihei Bay Surf 
Kihei Bay Surf B-213
Kihei
$499K (FS)
This studio comes fully furnished with a California King bed and a pull-out Queen sofa. The condo complex has many amenities including: tennis courts, a pool, spa, on site laundry and a BBQ area for your enjoyment.Maintenance fees include Water, sewer, trash, cable, internet, pest control, grounds maintenance and more.
Nani Kai Hale
Nani Kai Hale 306
Kihei
$734.9K (FS)
This 1 bedroom, 2 bath condo sits on one of the longest stretches of beach In south Maul. Call us today to schedule a private showing, This sale is contingent upon the seller finding a replacement property to execute a 1031 tax deferred exchange. 

 

Residential Condos Over $1M

Wailea Palms
Wailea Palms 3508
Wailea
$1.499M (FS)
A top floor, 2 bedroom 2 bath unit situated in the lower quiet area of the complex. Unit has a desired north facing location allowing for maximum use of the nearly 300 sq ft partially covered lanai. There are wonderful ocean views with west Maui in the background from the primary bedroom, lanai, and living room.
Keala O Wailea
Keala O Wailea 7-104
Wailea
$1.999M (FS)
You'll enjoy a view of beautiful rolling hills of keawe trees, and from the lanai, look west to a romantic view of the sparkling ocean and the island of Lanai. The spacious kitchen is adorned with stainless steel appliances, warm lighting accents, generous quartz counter space, and an inviting bar seating. 

Residential Condos Under $1M

Southpointe at Waiakoa
Southpointe at Waiakoa 16-205
Kihei
$508K (FS)
This 2 bedroom, 1.5 bath second floor unit with 750 sq. feet living space is turn key and move in ready. Sip morning coffee on your covered lanai as you enjoy garden views or watch the sunset as you hear the waves crashing on the sand. Residents here enjoy close proximity to the beach, community park with BBQ grill, picnic area and grassy lawn in this family and pet friendly neighborhood. 
Iao Parkside
Iao Parkside 29-206
Wailuku
$630K (FS)
This wonderful second-floor unit combines ample space with affordability and an ocean view from your covered lanai, master bedroom and living room. The 980-square-foot condo, sold fully furnished, features 3 bedrooms, 2 bathrooms, and a corner location with lots of natural light. The bathrooms and kitchen were remodeled in 2020 giving a modern flare.
Napilihau Villages
Napilihau Villages 7-204
Napili
$649K (FS)
Welcome to your dream home in the heart of Napili, Lahaina. This delightful 2 bedroom, 1 bath fee-simple fully airconditioned residence offers the perfect blend of comfort and convenience. Both bedrooms equipped with closets. No interior steps. Plenty of cabinet space in the kitchen. Fairly new washer and dryer. 

Vacant Land

551 Iiwi Way Lot551 Iiwi Way Lot 124
Wailuku
$595K (FS)
This property offers breathtaking, unobstructed mountain and ocean views, providing the perfect backdrop for your custom dream home. Whether you envision a single-story retreat or a two-story mansion, this lot accommodates your desires, including space for a private swimming pool and spa. With a water meter and sewer connection already in place, permitting and building is made easier. 

 
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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