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Aloha
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In this newsletter:
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Oceanfront Seclusion
in Makena
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Market Update
Under normal circumstances, the housing market begins to slow down significantly heading into the fall season. But thanks to the unusual conditions the pandemic has created, buyer activity remains strong even though the inventory of homes and condos for sale is shrinking.
One of the reasons for this uptick in buyer activity likely has to do with the record low interest rates, which are predicted to remain low for the foreseeable future. That being said, The Mortgage Bankers Association has released a report that states that lending standards are tightening, which may make it more difficult for some buyers to qualify for a mortgage. Be sure to continue checking in with your lender to see what you qualify for and if there have been any changes that may impact your eligibility.
Please reference the graph below for the current state of the real estate market in several key areas as of September.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. Restaurants have undoubtedly been one of the hardest hit industries by the pandemic, and we have seen dozens of closures across the island. Luckily, two much loved Maui establishments will be reopening their doors in the next 3 weeks.
Son’z Steakhouse in the Hyatt Regency Maui Resort and Spa in Kaanapali, reopens Thursday, October 15th and Nick’s Fishmarket in the Fairmont Kea Lani in Wailea will reopen on Nov. 1. Both restaurants will be operating in adherence to the guidelines recommended by the CDC such as open air seating, tables placed 6 feet apart and frequent sanitation of the dining area.
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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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329 (229)
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217 (66)
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1029 (291)
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+8 |
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Condos
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722 (173)
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215 (36)
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1321 (240)
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-21 |
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Land
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258 (80)
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63 (19)
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160 (21)
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-4 |
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Total
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1309 (482)
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495 (121)
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2510 (552)
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-17 |
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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 number of active listings from the previous week.
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Homes Over $1M
 1880 Anapa Pl
Kihei
$1.15M (FS) |
Located on a quiet street, and centrally located in Kihei this 7 bed, 6 bath home makes for a great opportunity. Remodeled in 2015 with a strong rental income history. 10,000 KW Photo Voltaic System is already installed and paid for. Less than half a mile to Kalama Park, The Cove, and Shops of Kihei.
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 3327 Akala Dr
Maui Meadows
$1.15M (FS) |
Add your special touches to this Maui Meadows property! A 3 bed, 3 bath single-level home is situated at the back of the property with a workshop/storage shed located behind the main house carport. The third bathroom is part of the guest living quarters at the far end of the dwelling. At the front of the Property is a 2 bed, 1 bath cottage which was upgraded in 2018 with new appliances, granite counter tops, new flooring, and new kitchen cabinets.
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226 Ehilani St
Pukalani
$1.2M (FS)
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Come home to this 3 bed, 3 bath Pukalani house and 1 bed, 1 bath ohana that has been lovingly maintained with many updates throughout the years. As you enter, a welcoming front porch graciously greets you. Walk through the entryway and into the living room and you will be delighted by the expansive sight through the walls of windows with its ever-changing beauty. Continue outside to the wrap around decking with bi-coastal views, fabulous sunsets & changing sky moods.
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255 Aliiolani St
Pukalani
$1.4M (FS)
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A large 12 bed, 10 bath family compound with multiple living space opportunities. Stunning bi-coastal views of the valley island below. Enjoy the cool ocean air that sweeps up the slopes of Haleakala. The property is conveniently located to all Pukalani has to offer.
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83 Kapuaimilia Pl
Haiku
$1.53M (FS)
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Bank Owned - Cash Only: This is a dream come true for any buyer seeking a large 6 bed, 7 bath home and a 2 bed, 3 bath cottage in a lavish and much sought after, high-end neighborhood. With a little TLC, this home and cottage will become your forever residence. Enjoy over 2 acres of lush, green foliage, a swimming pool with an entertainment center for dining and cooking with friends and family. Both cottage and this home are very private and each have their own driveways.
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Homes Under $1M
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72 Kupuna St
Kihei
$699K (FS)
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This 3 bed, 2 bath ranch home is ready for your personal style. With freshly painted exterior and interiors, this light and bright residence has vaulted ceilings in the living room area. The enclosed lanai /sunroom space with separate entry opens to a large lanai with a slatted trellis overhead. The master bedroom also connects to this lanai, facing the large open yard with open land behind the house for additional privacy.
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2229 Kaupakalua Rd
Haiku
$770K (FS)
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The opportunity you've been waiting for, this lovely 3 bed, 2 bath home and 2 bed, 1 bath cottage can be your own slice of paradise in Upper Haiku. A gorgeous ocean view greets you right outside the front door, you can take your pick of a refreshing morning walk, relaxing hammock nap, or picnic dining on the lawn. On a quarter acre surrounded by rich green pastures, pinch-yourself sunsets, and scenes of Haleakala, you can breathe in the healing ocean breezes of Maui's country life.
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120 Alohi Pl
Makawao
$800K (FS)
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A 4 bed, 2 bath house and a detached 2 bed, 1 bath cottage on a large lot. Enjoy views of central Maui and a convenient location near to the Pukalani shopping center and community center. Great for the large family or the extended family.
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475 Kekoanui Pl
Haiku
$850K (FS)
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This 4 bed, 4 bath home features a sitting room off the master bedroom and a large loft area perfect for a play room or an office. The modern kitchen is complete with gas range and hood, granite counter tops, and stainless steel appliances. The relaxing jacuzzi tub is a peaceful way to end your day.
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Vacation Condos Over $1M
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Kapalua Bay Villas II #38B2
Kapalua
$1.45M (FS)
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For some it’s about adventure, and for others it’s about tranquility. Either one awaits you in this special place. Entering the front door over a convenient bridge level, an inviting, private villa greets you. This 2 bed, 3 bath townhouse villa is comfortable and well-appointed with numerous upgrades including a top of the line kitchen.
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Wailea Point I II III #2003
Wailea
$2,588,800 (FS)
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Enjoy the ultimate 5-star luxury lifestyle in one of the world’s finest Wailea oceanfront locations. The 26-acre low density oceanfront environment is meticulously maintained with tropically landscaped grounds. The pedestrian gate is conveniently located on the fabulous Wailea beachfront pathway only steps to warm white sand beaches. You can immediately enjoy this turn-key fully furnished 3 bed, 3 bath ground floor single level ocean view condo that was elegantly renovated in 2019.
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Makena Surf #G205
Makena
$2,845,000 (FS)
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Enjoy a stunning oceanfront location, and a completely renovated 2 bed, 2 bath unit. Entering Makena Surf G-205, your eyes are immediately drawn to the rocky shoreline known as Turtle Town, and a quiet sandy beach with the island of Molokini in the distance. In this direction, the private lanai is sheltered from the afternoon trade-winds.
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Vacation Condos Under $1M
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Kihei Garden Estates #C108
Kihei
$399K (FS)
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A gorgeous 1 bed, 1 bath ground floor unit at Kihei Garden Estates in South Kihei. Updates include a nicely remodeled kitchen with maple cabinets and granite counter tops, tile flooring throughout, a glass block shower in the bathroom, and A/C in the living room. Enjoy the partial beach and ocean view from your lanai. Kihei Garden Estates has over 3 acres of lush gardens with a huge gated pool and hot tub, BBQ and picnic area.
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Kamaole Sands #8-101
Kihei
$499K (FS)
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A gorgeous, newly renovated 1 bed, 2 bath ground floor unit at Kamaole Sands located in South Kihei. This unit has an open kitchen and living room concept with laminate flooring throughout, updated kitchen with maple cabinets, tiled shower in the bathroom, washer/dryer in unit, and air conditioning. It comes turn key and fully furnished with a fully equipped kitchen, queen sofa sleeper in the living room, and a king sized bed in the bedroom.
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Maui Banyan #P403
Kihei
$775K (FS)
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Best location in the complex! Enjoy superior ocean views from this top floor 2 bed, 2 bath penthouse unit at Maui Banyan located in South Kihei. This is a lock off unit which allows you the flexibility to use it as a studio and a 1 bed, 1 bath or a 2 bed, 2 bath unit. This is a beautiful unit with an open kitchen and living area. It also has a fully equipped kitchen with stainless steel appliances.
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Residential Condos Over $1M
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Kai Malu #48B
Wailea
$1,295,000 (FS)
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Kai Malu is one of the finest residential condo developments in Wailea. This gorgeous 1796 sf. 3 bed, 2.5 bath Lewa floor plan includes granite countertops, cherry wood cabinetry, stainless steel appliances, central AC, a covered lanai, garage, and much more. The second level lanai has ocean and Haleakala views and the home's private location along the greenbelt makes relaxing outside a pleasure.
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Wailea Palms #3101
Wailea
$1.3M (FS)
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There are no steps to enter this ground floor unit, though perched on a slight hill that looks out to the ocean. All bedrooms and living room share an awesome view. This 2 bed, 3 bath unit has a custom built in office that converts to a bedroom via a queen size pull down bed. The corner bedroom offers privacy and security with a tall, flowering Bougainvillea hedge.
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Residential Condos Under $1M
Kahului Ikena #423
Kahului
$340K (FS)
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This well maintained 2 bed, 2 bath Kahului Ikena unit is on the second floor of the complex and close to the parking lot. The well-planned floor plan which separates the two bedrooms makes for more privacy. It is a pet friendly condo and each unit has two assigned parking stalls. Conveniently located for schools, shopping, hospitals, and the airport.
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Hale Royale #G-103
Napili
$415K (FS)
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What could be better then coming home to your own quiet tropical abode with a peaceful lush garden? You can have this at Hale Royale, a West Maui low-density residential condominium complex. G-103 is a 1 bed, 1 bath ground floor unit located in the center of the property between the two swimming pools.
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Kahoma Village #8-101
Lahaina
$536,990 (FS)
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Come Home to Kahoma Village, a new West Maui community right off Historic Front Street. Within the neighborhood you’ll find 3 different offerings to suit almost anyone; The Villas, The Courtyards and The Carriage Ways. Residents of the community will enjoy 3 parks, electric vehicle charging station and high-speed internet service. The location puts you right within walking distance to restaurants, shopping, Baby Beach and of course Front Street.
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Cottages at Kulamalu #18
Pukalani
$650K (FS)
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This incredibly well-maintained 4 bed, 3 bath home, with an attached 2-car garage, is located in an area that could be considered the epitome of convenience. Find yourself living in the quiet of upcountry Maui, while still being just 20 minutes from downtown and the airport. Even more convenient is the walk of just a few hundred feet to Longs, Anytime Fitness, and a Pilates and wellness center.
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650 S Alu Rd
Wailuku
$375K (FS)
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This is an exceptionally well priced vacant lot for sale in Wailuku Heights with beautiful ocean and mountain views. Great opportunity to design your perfect, custom dream home. Enjoy breathtaking views of the surrounding ocean, mountains, and Maui's central valley. As an added bonus, Wailuku Heights enjoys cooler temperatures because of the elevation.
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