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| Issue 1139 |
January 28th, 2025 |
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Aloha
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In this newsletter:
Land
New Properties
Price Reductions
Short Sales
Homes
Condos (1)
Land
New Properties
Price Reductions
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Rare
Beachfront Estate
1470 Halama Street
Kihei
$5.999M (FS)
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How Might Trump’s Policies Affect the Real Estate Market?
President Trump’s recent executive actions and proposed policies aim to stimulate the housing market and potentially lower interest rates, offering a positive outlook for real estate enthusiasts.
Reducing Housing Costs and Expanding Supply
On his first day back in office, President Trump issued an executive order targeting the reduction of housing costs and the expansion of housing supply. This directive focuses on eliminating regulatory barriers that contribute to high housing expenses, with the goal of making homeownership more attainable for Americans.
Advocacy for Lower Interest Rates
In a recent address to the World Economic Forum, President Trump emphasized his commitment to lowering interest rates. He criticized previous high borrowing costs and expressed his intent to influence the Federal Reserve to reduce rates, aiming to make borrowing more affordable for homebuyers and investors.
Streamlining Federal Real Estate Holdings
The administration is also working to reduce the federal government real estate footprint by selling office properties. This initiative could revitalize older buildings and stimulate local economies, presenting opportunities for real estate development and investment in various communities.
These measures reflect a concerted effort to enhance housing affordability and stimulate economic growth, providing an optimistic outlook for the real estate sector.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. If you're looking for the best time to see whales in Maui, January is the month to visit. This is peak whale watching season, and you'll have the best chance of spotting these majestic creatures in the waters around the island.
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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389 (346)
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95 (70)
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757 (559)
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+5 |
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Condos
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802 (334)
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86 (36)
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826 (359)
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+3 |
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Land
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178 (76)
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29 (12)
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178 (71)
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+3 |
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Total
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1369 (756)
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210 (118)
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1761 (989)
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+11 |
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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
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183 Iniiniki Street
Wailuku
$1.05M (FS)
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Welcome to this stunning 3 bedroom, 2 bath home in beautiful Waikapu Gardens. This home features cherry laminate flooring throughout and a kitchen equipped with granite countertops, a spacious granite island, a stylish tile backsplash, wood cabinets, and smudge-proof appliances. Enjoy breathtaking views of the West Maui Mountains and Haleakala Crater. Outside, you'll find a charming wood pergola, a concrete lanai perfect for barbecuing, and a vinyl fenced yard.
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159 Tam Yau Place
Pukalani
$1.149M (FS)
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This pristine property boasts stunning mountain and pastoral views that define Upcountry living. The extended driveway and spacious patios offer versatility for extra parking and inviting spaces to relax or entertain. Fully fenced and equipped with an irrigation system, the outdoor areas are as functional as they are beautiful. Meticulously maintained and move-in ready, this home is the perfect blend of comfort and convenience.
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277 Keonekai Road
Kihei
$1.699M (FS)
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This spacious 3 bedroom, 2 bathroom main home and offers flexible living options with an attached ohana. The door between the two spaces can be unlocked to create a generous 5 bedroom, 2 floor layout. Enjoy the large backyard and two-car garage, plus an extra storage room with Laundry facilities for the Ohana.
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25 Poko Way
Haiku
$1.745M (FS)
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This 3 bedroom, 3 bath residence sits on a pristine complete 2-acre manicured lot located in a quiet secluded cul-de-sac - it is all ready for a CPR by a new owner. The primary suite is upstairs on the main floor, and it is adjacent to the main living room, dining room and huge kitchen.
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3911 Maalaea Bay Place
Maalaea
$3.499M (FS)
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Newly renovated and positioned along 200 feet of serene shoreline, the epitome of Hawaiian coastal living. The 2,300 sq. ft., 3 bedroom, 2 bath home blends contemporary design with the natural beauty of its surroundings. Every corner of this residence is curated for relaxation and luxury, with custom details from the front door featuring a stunning wood-inlaid sea turtle design to the exquisite koa wood bar in the great room.
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180 Hoomoku Street
Kahului
$777K (FS)
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This townhouse style home offers single family living with possibilities for a flexible floor plan without monthly Home Owners Association fees. The long driveway offers plenty of room for parking. Start your mornings with your favorite beverage from the deck and enjoy the sunrise over Haleakala and sunsets behind the West Maui Mountains. Centrally located with quick access to the Kahului Airport, Costco, restaurants, shopping and schools.
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223-C Momi Place
Wailuku
$795K (FS)
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Brand new full remodel on this 3 bedroom 2 bath home in Wailuku. Place was completely renovated from top to bottom in 2024, and features a great floor plan with the kitchen, living room, and two bedrooms in the main "upper area", and another large room and bathroom located on the other end with its own entrance. Modern and move in ready.
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193 North Church Street
Wailuku
$950K (FS)
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From the remodeled open kitchen that begs for pancakes to the private lanai with West Maui mountain views. Feel the charm of this 1940s home invite you in. Single-level 3 bedroom, 2 bath home offers studio lockoff for multi-family living or additional income. Low-maintenance, fenced yard great for kids or pets.
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Wailea Ekolu 1705
Wailea
$1.7M (FS)
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This modern single level 2 bedroom, 2 bath ground floor residence is located in Wailea Ekolu. Open-concept design with luxury gray vinyl plank flooring throughout. Stylish interior with remodeled features like beautiful white cabinets, stainless steel appliances, and quartz counter tops. The bathrooms feature white tiled walls in the showers with glass to add an elegant touch.
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Grand Champions 83
Wailea
$1.75M (FS)
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Bank Owned. Welcome to this charming 3 bedroom unit, located along the ninth hole of the Wailea Blue Golf Course. Unit is a private, ground-floor unit nestled among the palms. The living room opens to a partially covered lanai that faces the beautifully manicured golf course. Savor your morning coffee while taking in the ocean views.
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Makena Surf F-207
Makena
$4.995M (FS)
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This beautifully remodeled 2 bedroom, 2 bath luxury oceanfront unit, provides the best that Maui has to offer. The gated entry & lush landscaping exudes a special tropical feeling that includes an herb garden, pristine amenities including a work out facility, 2 large pools, Jacuzzis, pickle-ball and tennis courts. From the lanai you can take in the direct panoramic and unobstructed oceanfront views of the West Maui coastline.
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Vacation Condos Under $1M
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Kalama Terrace L-204
Kihei
$475K (FS)
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This charming 1 bedroom, 1 bath unit. 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.
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Maui Vista 3309
Kihei
$559K (FS)
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This fee-simple, 1 bedroom 1 bath (plus sofa bed) unit is sold fully equipped. Kitchen features newer cabinets and granite countertops. The large lanai is a perfect spot to sip your morning coffee and listen to the birds while you plan your day's activities. Ocean view from the kitchen, living room, and lanai for maximum enjoyment of the majestic Maui sunsets. Newer vanity and granite countertop in the bathroom.
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Napili Shores G-258
Napili
$675K (FS)
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A charming studio offering breathtaking views and the perfect Hawaiian getaway experience. Nestled on the upper floor of the sought-after G Building, this unit boasts high vaulted ceilings, split AC for year-round comfort, and a north-facing lanai to enjoy the refreshing seasonal trade winds. Enjoy onsite dining, serene surroundings, and the ultimate island lifestyle.
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Maui Parkshore 201
Kihei
$874.8K (FS)
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A bright corner unit with big icean views from the living space s and lanai. Thoughtfully redesigned to open up the kitchen and enhance the floorplan. Ideally situated in the heart of South Maui, this inviting retreat boasts an open kitchen with bright tile, ample cabinetry, a spacious floor plan, two bathrooms, and the convenience of an in-unit washer and dryer.
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Waiohuli Beach Hale 204
Kihei
$899K (FS)
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Enchanting 2 bedroom ocean view condo in Kihei Step into your dream getaway in this breathtaking 2 bedroom ocean view condo, where every sunset melts into the tranquil waters of the Pacific. Nestled within a beautifully remodeled beachfront complex, this stunning retreat combines luxury and comfort, making it the perfect sanctuary for your Hawaiian escape. As you enter, you'll be greeted by an open and airy living space that invites the gentle ocean breeze.
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Residential Condos Over $1M
Vintage at Kaanapali 151
Kaanapali
$1.995M (FS)
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Exquisite free-standing residential condominium featuring breathtaking ocean views and golf course location. This pet-friendly gated community offers a two-car garage and an elegantly remodeled, spacious 3 bedroom, 2.5 bath, 2-story residence. Upon entry, witness the beautifully renovated interior. The primary bedroom, strategically positioned, provides captivating ocean views of the mesmerizing Kaanapali sunsets.
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Kanani Wailea 17
Wailea
$2.25M (FS)
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This stunning 3 bedroom, 2.5 bathroom ocean view single family residential condominium. With only 38 stand alone units in the gated complex this exquisite Wailea home offers a perfect blend of island living, modern elegance and privacy. The open and spacious travertine flooring seamlessly integrates the living, dining, and kitchen areas.
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Residential Condos Under $1M
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Maui Lani Terraces F-103
Honokowai
$460K (FS)
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This 2 bedroom 1 bath unit is being sold “As Is” and comes partially furnished. The unit is vacant and easy to show. Carpet has recently been steamed cleaned and unit deep cleaned. Washer and Dryer included. 2 designated parking stalls included.
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Iao Parkside 14-204
Wailuku
$520K (FS)
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A beautifully remodeled 2 bedroom, 2 bath condo in the heart of Wailuku. This unit underwent a thoughtful renovation in 2018, including sleek new Corian countertops, elegant Cherrywood cabinets in the kitchen, and all wood laminate flooring throughout. The spacious master bedroom features an ensuite bathroom and an extra-wide double doorway making it easy to move in large pieces of furniture such as a King-sized bedroom set.
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Hale Kanani 3-103
Kihei
$899K (FS)
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This well maintained and updated Hale Kanani 3 bedroom 2 bath unit is located on the ground floor that allows for easy access to watch Maui's breathtaking sunsets withing moments from your back door. The greenspace also gives you a feeling that you have a larger outdoor living space to enjoy.
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 3381 East Lani Ikena WayWailea
$999K (FS)
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This exceptional vacant lot offers a rare opportunity to build your dream home in one of South Maui's most desirable neighborhoods. Located in the highly sought-after gated community of Wailea Pualani. Situated in this peaceful residential area, this property is just minutes from Kihei, Wailea and Makena's best beaches, shopping, dining, and entertainment. The convenience of being close to everything while still enjoying a quiet, private setting makes this lot truly special.
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The Smith Team
www.MauiSales.com
(808) 572-0866
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