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Aloha
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In this newsletter:
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The Finest Villas
Hoolei B-2
Wailea
$6.5M (FS)
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State of the State address: Gov. Josh Green focused on Maui’s recovery
Gov. Josh Green received a standing ovation at the state Capitol from legislators and visitors Monday following his second State of the State speech, which focused on Maui’s recovery, making life more affordable for everyone, housing and the need to reduce homelessness in an address that was routinely punctuated with applause.
During his nearly hourlong speech, Green also received applause after telling legislators from the House floor that he will issue a moratorium on short-term vacation rentals in West Maui if he does not get 3,000 property owners to voluntarily convert vacation rentals to long-term housing by March 1 in order to house 3,000 families that survived the Aug. 8 wildfires who continue to live in Maui hotels.
As of Friday, 1,367 owners of Maui short-term rental units had agreed to take advantage of a county property tax moratorium and above-market rents, Green told reporters after his speech.
After the Maui County Council agreed to temporarily waive property taxes for owners who convert their units for 18 months, Green said the number of property owners willing to house Maui families grew to 15, then 150 and over 600 before reaching Friday’s number.
Green sees converting short-term rentals to long-term units as the quickest and simplest way to fill the need for 50,000 affordable housing units across the state and Maui as a way to test new ways to do it.
Currently, 52% of all short-term rentals are owned by nonresidents, and 27% own 20 or more units, Green said.
We'd love to hear your insights about his message. Please take a moment to share your thoughts by replying to this email. Your input is valuable, and we look forward to hearing from you!
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), Gregory Smith R(B)
The Smith Team
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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225 (188)
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150 (108)
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729 (466)
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-1 |
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Condos
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376 (222)
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163 (94)
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996 (348)
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-1 |
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Land
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144 (66)
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21 (3)
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168 (60)
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+4 |
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Total
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745 (476)
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334 (205)
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1893 (874)
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+2 |
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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
333 Alalani Street
Pukalani
$1.37M (FS) |
Panoramic ocean views, featuring a 3 bedroom, 2 bathroom main home with an enclosed space and a detached 1 bedroom, 1 bathroom cottage. As you step into the main home, you're greeted by vaulted ceilings and an abundance of windows, creating a bright and inviting living space.
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54 Aekai Place
Kahana
$2.25M (FS) |
Enjoy the breezy warmth and ocean views from your meticulously cared for single story home in the private and gated Kapalani Estates neighborhood. Kapalani Estates enjoys a community pool as well as tennis courts, BBQ, and private cabana with kitchen for hosting parties.
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42 Kaalele Place
Kula
$2.699M (FS) |
This newer, custom built contemporary home is simple understated luxury. The double door entry leads to warm Acacia flooring with 10 ft. ceilings throughout with a flowing, functional design. The great room has big windows to capture light and a cozy gas fireplace to frame the living room.
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440 West Waiko Road
Waikapu
$3.995M (FS) |
This nearly 20-acre estate enjoys sweeping bicoastal ocean views of Maui's north and south shores. Majestic mountain views of both Haleakala and the West Maui Mountains. Comprising 4 separate parcels, the property presently features a charming 1930's historical home and cottage and multiple water meters.
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4351 Wailina Street
Wailea
$4.95M (FS) |
Enter this elegant Wailea Golf Vistas home through the bespoke etched glass door in to a 2 story atrium featuring a baby grand piano and a dramatic spiral staircase. The custom designed and built home includes high ceilings. With 3 bedrooms, 3.5 bathrooms, a den, office area, a spacious kitchen and multiple lanais.
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Homes Under $1M
2153 D Holowai Road
Wailuku
$600K (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".
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496 Liholiho Street
Wailuku
$900K (FS) |
The house was a 3 bedroom but was converted into 2 bedrooms so the Master bedroom is very spacious. 2 car open carport available for parking. Nice neighborhood in a beautiful central location. Quaint home in Wailuku with a great view of the Kahului coast and Haleakala. Central location near hospitals, schools and grocery stores. Approximately 10 minutes from the airport.
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236 Kaualani Drive
Pukalani
$950K (FS) |
This well maintained home which sits across the street from the Pukalani golf course won't last long. Home was remodeled in 2007 and has been maintained throughout these years. It's location makes this home ideal.
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138 Omaikai Place
Kahana
$988K (FS) |
This unique three-story3 bedroom 2 bath home has lots of natural light and vaulted ceilings on every level which accentuate the living spaces. The second level has one bedroom and a full bathroom. The third level has two bedrooms including the master bedroom with an ensuite bathroom. The main level has a lanai in the front and back leading into the backyard.
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Vacation Condos Over $1M
Papakea Resort L-401
Honokowai
$1.475M (FS)
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Direct ocean front and features a 1 bedroom plus loft, including a sleeping area, and 2 bathrooms. This corner location in the L building boasts added windows and extra light making the living space feel bright and welcoming. The open floorplan is ideal to enjoy the ocean view while preparing your favorite meal and cold drink.
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Maui Kamaole M-205
Kihei
$1.5M (FS)
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No surface left untouched. Situated in the "M" cluster, one of the newest buildings in the complex, this 2 bedroom, 2 bathroom has not been in a vacation rental program, so it is immaculate inside. Do not miss this opportunity to own one of Kihei's premier properties.
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Kamaole Sands 4-413
Kihei
$1.55M (FS)
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Indulge in coastal luxury at this top-floor ocean view Penthouse in Kamaole Sands. Meticulously remodeled, it exudes a Coastal vibe with new Split System AC and curated art. Managed by Coldwell Banker Island Properties, it's a vacation rental gem with multiple glowing reviews, consistently rated 4.92 stars. Stone countertops, new appliances, and turnkey furnishings elevate the experience.
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Wailea Ekolu 1207
Wailea
$2.295M (FS)
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This amazing 2 bed 2 bath Condo in Wailea Ekolu on the captivating island of Maui. A highly sought after ground floor end unit is on the 11th fairway of the Wailea Blue golf course with stunning ocean and sunset views. The 1071 square foot completely renovated condo sleeps 6 and has stainless steel appliances, granite countertops, beautiful shaker style cabinets, 20 inch tiles throughout and a large lanai.
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Vacation Condos Under $1M
Koa Kai 12
Kihei
$575K (FS) |
Unit is a 1 bedroom, one bath vacation rentalable condo in South Kihei. This unit has stainless steel kitchen appliances, an in unit washer/dryer and a nice covered patio where you can enjoy the green foliage of Maui, beautiful outlook and amazing sunsets. Unit boutique style complex that offers a pool, spa, parking and is pet friendly.
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Kalama Terrace L-306
Kihei
$729K (FS) |
Located within walking distance of the beautiful beaches of Maui. This complex allows short term rentals and is a Fee Simple complex. The recent renovations include smoothing out textured ceilings and concrete brick walls, fresh paint and flooring throughout, new kitchen cabinets and counter tops, new appliances, gas range, stainless steal refrigerator and dishwasher.
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Maui Vista 2107
Kihei
$779K (FS) |
The unit is a 1 bedroom, 1 bath that sleeps up to 4 with the pullout sofa. On the garden level, you'll have easy access to a lush, green grassy area, setting the stage for ultimate relaxation and making frequent beach visits a breeze. Embrace a resort-like lifestyle with three tennis courts/three tennis/pickleball courts and three inviting inground pools and 3 separate BBQ areas.
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Kamaole Sands 6-109
Kihei
$848.5K (FS) |
This ground floor 1 bedroom 2 bathroom vacation rental unit boasts details that make ordinary days feel like a vacation. Situated in the inner courtyard and just a few steps to the recreational pavilion, BBQ area and picnic tables. This condo features well-equipped kitchen with ample counter space, new cabinetry, granite countertops round out its allure, an extensive secluded lanai.
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Polynesian Shores 108
Honokowai
$899K (FS) |
The complex has recently completed a complete renovation to the structure, pools, grounds and parking such that the original construction in 1973 no longer exists it is like a brand new complex. Unit has also been completely remodeled throughout and as such feels very contemporary.
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Honokeana Cove 113
Kapalua
$985K (FS) |
This special property exudes unparalleled charm, standing as one of the most low-key, low density condo complexes in West Maui. Enjoying nature, and embracing a relaxing atmosphere, this might be the perfect match. Unit is a one bedroom and one bathroom, comes fully furnished.
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Residential Condos Over $1M
Villas at Kehalani 1704
Wailuku
$1.225M (FS)
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These elegant homes bring a taste of Wailea to Central Maui. With a location just below Wailuku Heights, breathtaking views and cool mountain breezes are just a few of the outstanding amenities featured in this luxury townhouse community. Unit is a South & East facing end-unit & enjoys lots of light due to the windows on all three sides.
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Residential Condos Under $1M
Kihei Shores F-101
Kihei
$415K (FS)
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This rare 1 bedroom unit is currently undergoing renovations and is awaiting someone with the vision to complete the transformation. This area epitomizes the essence of the laid-back Maui lifestyle. Don't miss out on the chance to own a piece of paradise with this conveniently located, quiet, and private end unit.
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 Pohailani Maui 116
Kahana
$682.5K (FS)
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This lovely residence is conveniently located just a brief stroll across the street from the beach and ocean. Renovated in 2016, the unit is nestled in a picturesque garden setting, with two bedrooms and one bathroom. The lanai extends out to a large grassy area in this 8-acre property.
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Gardens Upcountry 5
Pukalani
$969K (FS)
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A private, quiet, garden oasis conveniently located off Makawao Avenue, but invisible unless you know it's there. True garden setting with fruit trees, tropical foliage, and a Zen-like setting. Low-volume, low-density property with inspiring views from a beautiful, park-like courtyard area. Extremely quiet. Ultra-high ceilings and one of the largest footprints of any 2bedroom residential condo on island.
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Vacant Land
 36 Ohia Lehua PlacePukalani
$625K (FS)
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An incredible opportunity for a blank canvas on which to build a dream home in gated subdivision Up Country. Kulamalu Hilltop. Live the Up Country lifestyle while still conveniently located near shopping, restaurants, some of the most sough-after schools on Maui, and much more. Possible ocean views from this nearly 1/4 acre parcel.
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