Traveling to Hawaii is certainly not as easy as it used to be, but in a recent survey conducted by  the Hawaii Tourism Authority it was found that out of the 495 visitors that were surveyed 85% said their trip was excellent, and 94% said their trip either met or exceeded expectations. This is great to see, as it means that the number of tourists making the journey to Hawaii in 2021 should continue to rise.

While tourism numbers are not nearly what they were in 2019, the Pre-travel Testing Program allows anyone traveling to Hawaii to bypass the 10-day mandatory quarantine, which would make any vacation immensely more enjoyable. Out of the visitors that were surveyed, 79% said that their pre-travel testing experience went smoothly, and the protocols were clear. The remaining 21% reported various issues with pre-travel testing including difficulty finding a trusted testing partner, and not receiving their results within the specified window.

We will continue to look forward to a rise in tourism numbers as the local economy recovers from the COVID-19 pandemic. To look at the full report, follow this link.In an interview with The Maui News, the Chief Economist with the Department of Business, Economic Development and Tourism Eugene Tian stated that nearly 30% of the homes that were purchased in the better part of 2020 were purchased by out-of-state residents. Of those buyers 27.4% were from the mainland, and 1.4% were international. While this number seems high, out-of-state residents usually purchase nearly 50% of the available real estate on Maui.

The data is still being assembled for the demographic breakdown of these out-of-state buyers, as it is unclear whether most of those purchases were made by investors, or those seeking to move their principal residence to Hawaii now that most employees and business owners can work from home.

The three aspects of the current real estate market that appear to show no signs of slowing are low inventory levels, low interest rates on new mortgages and a climbing median sales price for both condos and single family homes. In December, the Realtors Association of Maui recorded the lowest inventory ever since they began keeping records in 2010. New construction is still very active on Maui, with several affordable housing projects as well as luxury condominium complexes set to be completed  between now and 2022.

To read the full interview The Maui News did with Eugene Tian click here.
 
Due to the spike in COVID-19 cases on Maui, Governor Ige gave Mayor Michael Victorino the authority to amend the current emergency rules. The new rules go into effect today. Here are the highlights.

- Retail occupancy is now limited to 30% to allow more room for social distancing.

- Bars and restaurants are now required to close at 10pm or earlier. Drive-throughs, non-liquor related takeout and room service are all exempt from this new rule.

In addition to pre-travel testing requirements for both inter-island and transpacific travelers, they are also now required to download either the AlohaSafe Alert app or another Google-Apple Exposure Notification System app. Travelers can also enable their exposure notification setting on their phone.

Face coverings must now be worn while walking to and from the beach or pool. They can only be removed once you are stationary and socially distanced from the people around you.

-Even if the venue is outdoors, a mask must be worn at gyms, yoga studios, and wellness centers.

While these rules mentioned  above are slightly different from rules that were already in place, it’s important to keep yourself informed on the latest developments coming out of the Mayor’s office.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Smith Team Real Estate - 2 Generations of Satisfied Customers - (808) 572-0866
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Issue 1000 May 3rd, 2022
 

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 (5)
Condos (1)
Land
New Properties 
Price Reductions  

Short Sales
Homes 

Condos 
Land
New Properties

Price Reductions 

Stunning
Oceanfront


 Feature 

5022 Makena Road
Makena
$25.95M (FS)


Hundreds of New Homes on Horizon For Maui 

Image Source: Waikapu.com 

The future's looking bright for a tropical live-work-play island-lifestyle in Waikapu, central Maui. Maui’s Mayor Michael Victorino and developer Mike Atherton of Waikapu Properties signed an agreement this past week that sets the stage for hundreds of single family homes to be built in the hugely anticipated Waikapu Country Town project. According to an article by Maui Now, this is one of the island’s largest residential developments in recent history. 

Waikapu Country Town will feature the following amenities
● 1,433 single-family, multi-family and rural units 
● 146 ohana units, 
● 200,000 square feet of commercial and mixed-use space
82 acres of parks and open space

● 8 miles of sidewalks, paths and trails 
● 910-acre agricultural preserve 
● 12-acre elementary school 

In this joint public-private partnership that trades infrastructure for more affordable homes, Maui County will take responsibility for Waikapu Property’s required contribution to the new Central Maui wastewater treatment plant and Waiale Road extension. The developer will additionally build 213 new residential workforce units. For more information, check out this article at News Break. You can also see more graphic renderings of the project at Waikapu.com.

 

Mahalo Nui Loa,

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

The Smith Team

 

P.S. Visitors and residents to UpCountry Maui can enjoy farm-to-table fresh ingredients atop their favorite wood-fired sourdough pizzas at Marlow’s. This Hawaii Magazine article has all the details.

Follow Us
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Market Watch
 
Active
Pending
Sold
Change
Homes
168 (135)
205 (129)
1315 (708)
-4
Condos
147 (70)
332 (162)
2228 (617)
+7
Land
102 (54)
 54 (15)
356 (110)
-8
Total
417 (259)
591 (306)
3899 (1435)
-5
 
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

 17 Moana Ave 
17 Moana Avenue
Kihei
$1.875M (FS)
Beautiful, single level living in South Kihei. 17 Moana Ave in Moana Estates is an open floor plan home consisting of 3 bedrooms and 3 bathrooms, office and laundry room. Upgraded appliances such as Viking and GE Profile complete the open kitchen design.
129 Oili Rd
129 Oili Road
Haiku

$1.95M (FS)
Bank Owned. Explore the many possibilities of this 6500+ sf compound, nestled on ten lush green acres with ocean views. This massive property is right above Maui's famous Pe'ahi "Jaws" Surf Break. The main home has 4 separate guest suites with ground level indoor pool & koi pond and rooftop look out area.
 
1437 Front St
1437 Front Street
Lahaina

$3.595M (FS)
Stunning oceanfront home in historic Lahaina town. Enjoy sunsets year-round and watch as whales pass by. Located near the heart of Front Street and a short walking distance to restaurants as well as the path to Ka’anapali. This recently remodeled home features hardwood floors and high-end finishes throughout.

Homes Under $1M

244 Ainahou
244  Ainahou Place
Wailuku
$625K (FS)
This 3 bedroom, 1 bath home is tucked away off Lower Main Street. Easy access to hospitals, medical facilities, restaurants, shopping centers, and schools. This 912 sq. ft. home is situated on a 5,500 sq. ft. lot, which is easy to maintain and has lots of potential. 
 
561 Kainalu Pl
561 Kainalu Place
Wailuku

$750K (FS)
Fantastic opportunity for the ocean enthusiast looking for a home in central Maui. This property is located a short distance from the ocean and consists of a 2 bedroom, 1 bath home with a non-conforming attached 1 bedroom, 1 bath unit, and an attached carport. There is ample parking on the property and a low maintenance yard.
 
1422 N Kilou
1422 North Kilou Place
Wailuku

$899K (FS)
Enjoys gorgeous views of the north shore and sunrise and moonrise views over the ocean. The 3 bedroom home has been divided into two units, an 1 bedroom home and a 2 bedroom home, each with a full kitchen, but could be easily converted back to a single family home if preferred. 
 

Vacation Condos Over $1M

Menehune Shores
Menehune Shores 619
Kihei

$1.399M (FS)
A top floor high ceiling penthouse condo with an unobstructed, panoramic direct ocean view. Sit back and enjoy the endless ocean, and beautiful sunset from the lanai. Have good amenities that will make your family comfortable in alignment with your needs and priorities.
 

 
Kamaole Nalu
Kamaole Nalu 504
Kihei

$1.499M (LH)

This is a gorgeous, remodeled 2 bedroom, 2 bath, ocean view condo at Kamaole Nalu. Premium upgrades throughout the unit, including wooden cabinets, granite countertops, stainless steel appliances, and every possible amenity. Tiled lanai Loaded with every possible amenity. 

Customer Listing Synopsis
 

Makena Surf
Makena Surf E-104
Makena

$5.75M (FS)
This amazing unit is the culmination of exquisite craftsmanship and a superb design team that spent over three years creating the stunning masterpiece that it is today. Pocketing glass lanai doors (the center post has been removed) provide a seamless integration of indoor/outdoor living.
 

Vacation Condos Under $1M

Kalama Terrace
Kalama Terrace P-211
Kihei
$499K (FS)
A cute spacious 1 bedroom condo in the heart of Kihei. The unit is tucked away from street noise with a north facing location. The complex has a wonderful pool with a perfect barbeque area to enjoy the fabulous Hawaiian evenings. Another unique bonus is an assigned semi covered parking spot
 
Maui SunsetMaui Sunset A-207
Kihei
$825K (FS)
This updated furnished 1 bedroom, 2 bathroom condo shows beautifully, with pride of ownership at this very popular oceanside complex. The kitchen opens seamlessly to the living area and lanai oriented for inner court and ocean and Haleakala views, featuring stainless steel appliances and carpet.
 
Kihei Parkshore
Kihei Parkshore 16
Kihei

$888K (FS)

You will be mesmerized by the ocean and island views along with surfers, paddlers, and breaching whales (during whale season) keeping you entertained throughout the day and, of course, the sunset views will leave you breathless. This 2 bedroom, 2 bathroom upstairs corner unit.

Customer Listing Synopsis

Video/Virtual Tour

Haleakala Shores A-209
Kihei

$900K (FS)
Well maintained unit. This sale is subject to court approval and confirmation. Please allow suitable time for a response. The property is being sold As Is. 

Residential Condos Over $1M

Hokulani Golf Villas
Hokulani Golf Villas 73
Kihei
$2.295M (FS)
Arguably One of Maui’s Best Value Luxury Home Offerings Available Now! Come see this exquisitely stylized, luxury home with peekaboo ocean views, and upgraded finishings throughout. Built in 2020, this highly desirable corner lot feels very private, and boasts peaceful garden and mountain views in addition to stunning golf course views.
Masters 1101
Kaanapali
$2.395 (FS)

Rare opportunity to own this fabulous 3 bedroom, 3 bath end unit with a private walkway entrance. This remodeled unit overlooks the 13th green of the Royal Ka'anapali Golf Course. Relax, dine and entertain on your large covered lanai and enjoy spectacular panoramic ocean and island views. 

Customer Listing Synopsis

Residential Condos Under $1M

 West Maui Trades 
West Maui Trades H-103
Honokowai

$128.3K (LH)
Bank Owned. Great value in West Maui. Some TLC and a few upgrades will make this unit a perfect opportunity for an investor or first time home buyer. Enjoy Honokowai Beach Park directly across the street and walk to eateries, a large grocery store and the local Farmer's Market.
Harbor Lights D-224
Kahului
$225K (FS)

Located in Central Maui close to Shopping, Parks, and Schools. This is a 2 bedroom ,1.5 bath unit.

Customer Listing Synopsis

 

Mount Thomas
Mount Thomas 306
Wailuku
$449K (FS)
Be the first today and do not wait to check out this 2 bedroom, 1.5 bath apartment as you watch and gaze the cruise lines as they sail in and out of Kahului Harbor. Convenient to most everything. Kamehameha Mall, Safeway Longs shopping.
 
Villas at Kahana Ridge (2)
Villas at Kahana Ridge 821
Kahana
$599K (FS)
Front row 2 bedroom 2 bathroom 2nd floor unit. Walk in street level for convenience, no steps. Newer stainless steel kitchen appliances, newer washer, new bathroom vanity, new water heater, tile, bamboo and carpet floors. Conveniently located close to shopping and dining and across the street from the beach. 
 
Vacant Land
 
0 Makena Road Lot 2
Makena
$2.6M (FS)

Big Beach Estates is an enclave of 4 luxury lots across from “Big Beach” (traditionally, Oneloa) in Makena. In the Hawaiian language, “Makena” translates to “the gathering place” or “abundance”. Each homesite in Big Beach Estates is unique and offers a special opportunity to live across from one of Maui’s most magnificent beaches. 

Customer Listing Synopsis
 

 
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
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