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
About Maui Our Listings Property Search Rentals Blog Contact Us
 
Issue 1073 October 24th, 2023
 

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 (3)
Condos
Land
New Properties 
Price Reductions  

Short Sales
Homes

Condos
Land
New Properties

Price Reductions 

Polynesian Style 
Oceanfront
   4851 LOWER HONOAPIILANI 2   

4851 Lower Honoapiilani Road
Kahana
$13.5M (FS)

More of West Maui to Reopen to Tourism Nov. 1

 
We are thrilled to announce that More of West Maui, after recently facing the challenges posed by wildfires, is ready to reopen its doors to tourism on November 1st! We cannot wait to welcome you back to our beautiful island and provide you with the vacation experience you deserve.
 
If you are looking for a place to stay on Maui, please consider using CB Island Vacations.

As Hawaii's leader in vacation rental property management, CB Island Vacations understands the importance of finding the perfect vacation rental property that meets all your needs. Whether you're looking for a cozy beachfront cottage or a luxurious villa, let their dedicated team assist you every step of the way. With an extensive portfolio of properties, they offer a wide range of options to cater to your preferences.

 
Mahalo Nui Loa,

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

The Smith Team
Follow Us
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Market Watch
 
Active
Pending
Sold
Change
Homes
227 (186)
105 (70)
765 (480)
+12
Condos
249 (122)
147 (94)
965 (326)
+15
Land
129 (61)
 31 (12)
198 (55)
-3
Total
605 (369)
283 (176)
1928 (861)
+24
 
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

34 E Welakahao
34 East Welakahao Road
Kihei
$1.099M (FS)
Home is very versatile a must see for all the advantages. Large great room for gatherings. Large outdoor deck for entertaining. 520 sqft garage with plenty of storage and area for gardening. 1/1 Bed and Bath ohana has its own entrance and private yard fully fenced with fruit tree, washer dryer outdoor sink super beachy cute and all of this cuteness with vision is located just a couple blocks from beach and further down Kalama Park and shopping. 
620 Komo Ohia
620 Komo Ohia Street
Wailuku
$1.199M (FS)
This property is a two story home that features 3 bedrooms and 2.5 baths with an incredible garden. The first floor consists of 2 bedrooms, a full bathroom, and a family room. Upstairs of the home is the master bedroom with a king size Sealy hybrid mattress, full bathroom, kitchen, main living room, covered lanai, and an additional half bathroom. A newly purchased washer and dryer is located in the two car garage. 
2594 Puuomalei
2594 Puuomalei Road
Haiku
$1.465M (FS)
This turn-key Homestead comes with a 2 bed, 1 bath plantation-style home, a perfect place to call home while you figure out your master plan. The recently rebuilt lanai is great for watching the sunset or the starry skies. Gaze out of your kitchen window right up to the top of Haleakala. There is also a 1,800-square-foot Barn that has a multitude of functions. 
859 Kai Hele
859 Kai Hele Ku Street
Launiupoko
$1.5M (FS)
The home is nestled among a verdant landscape featuring mature palms and tropical plants and boasts captivating Lana'i and mountain views. The bright living room and kitchen area has three sliding glass doors that open onto the covered lanai, effectively expanding the functional living space. 

Homes Under $1M

248 Nakila
248 Nakila Place 
Wailuku
$749K (FS)
This home has a flexible floor plan that is currently broken up into two separate living spaces. The first space is a 1 bedroom 1 bath floorplan that was completely remodeled in 2021 with a large bathroom and walk-in closet, and a private entrance and carport. The second space is a large 2 bedroom, 1 bath floorplan with a ton of potential, and includes a separate entrance and carport.
 194 Ohukai Rd 
194 Ohukai Road
Kihei
$899K (FS)
This home presents an opportunity to transform it into your dream residence or investment property and is being sold As-Is. The spacious backyard offers ample space for expansion and development.
 
129 Poniu Cir
129 Poniu Circle 
Wailuku
$950K (FS)
This well-maintained residence offers a comfortable and inviting atmosphere, perfect for those seeking a peaceful island lifestyle. This home is on a premier lot with a 10 foot easement on two sides for added privacy. Boasting 3 bedrooms and 2 bathrooms, this home provides ample space for both relaxation and entertainment. 
 

Vacation Condos Over $1M

 Kaanapali Royal 
Kaanapali Royal G-201
Kaanapali
$1.445M (FS)
Spacious 2 bedroom 2 bath with approximately 1,534 S. F. of living area plus a large 495 sq. ft. lanai overlooks the manicured grounds with a Molokai in the far distance. Gated community offers heated pool, spa, cabana with barbecue area and two hard-surface fully-lit tennis courts.
 
Wailea Ekahi
Wailea Ekahi 24-B
Wailea
$1.549M (FS)
Unlock your chance to own a lucrative piece of paradise with this ground floor 1 bedroom, 2 bath condo, located just a short 5-minute stroll from the world-renowned Keawakapu Beach. Promises an impressive return on investment. The entire unit underwent a top-to-bottom renovation in 2020, sparing no expense to deliver an exquisite living space
Kuleana
Kuleana 104
Kaanapali
$1.6M (FS)
These unique oceanfront units rarely come on the market. Boasting a third-floor location, it offers fabulous sunsets, breathtaking views of the ocean and the majestic island of Molokai and Lanai that will leave you in awe. Watch the whales and sea turtles right on your own private 207 sq ft lanai. 
Kaanapali Alii
Kaanapali Alii 2-204
Kaanapali
$2.595M (FS)
Combining luxurious interiors, a peaceful garden setting, in the premier condominium resort in the heart of one of America’s best beach resorts. Pride of ownership is evident in this superb home as seen with its spectacular remodel in which no expense spared creating its unique island-modern vibe. 
Wailea Point
Wailea Point 2502
Wailea
$6.3M (FS)
This spacious 3 bedroom, 4 bathroom residence features vaulted ceilings, wonderful natural light and airflow and new wall to wall windows that highlight the spectacular ocean views and sunsets. For year round outdoor living and winter whale watching, there is an expansive lanai off the living room and kitchen.

Vacation Condos Under $1M

Kauhale Makai
Kauhale Makai 203
Kihei
$779K (FS)
Beautifully appointed 1 bedroom 1 bath unit with ocean views. The unit features wood laminate flooring, crown molding, smooth ceilings and an upgraded bath with stone tile showing enclosure. The complex features a beautiful pool area with bbq's for grilling. It is a great place to drop your bags and explore what Maui has to offer. The unit has been in a successful vacation rental management program.
Napili Shores
Napili Shores C-220
Napili
$800K (FS)
Oceanfront condominium resort located on the west facing coast of Maui, Hawaii. The area is a popular destination for travelers looking for a Hawaiian getaway, situated on picturesque Napili Bay, and a serene area of the island. Known for its stunning sunsets, pristine beaches, and lush tropical surrounding. 
Valley Isle Resort
Valley Isle Resort 605
Kahana
$829K (FS)
Breathtaking panoramic ocean and sunset views from this beautifully maintained 1 bedroom, 1 bath villa with a queen wall bed. Hear the waves lap against the shore as you sit on your private lanai watching beautiful sunsets and the whales frolic. Fully furnished, with washer and dryer, this villa is move in ready.
Maui KamaoleMaui Kamaole L-107
Kihei
$999.9K (FS)
This 1 bedroom, 2 bathroom condominium has a nice rear courtyard off of the bedroom and the bonus side window in the living room because it is an end unit. Maui Kamaole amenities include 2 pools, 2 hot tubs, 2 tennis courts and additional storage for owners Kayak's and Paddle Boards. Do not miss this one.

Residential Condos Over $1M

Wailea Fairway Villas
Wailea Fairway Villas M-201
Wailea
$1.275M (FS)
Beautifully furnished 2nd floor 2 bedroom, 2 bath end unit offering lots of extra natural light. Enjoy ocean/sunset views from your West facing lanai. Many upgrades including Central A/C, Pergo flooring and new carpeting in bedrooms. Plantation shutters, Solar Sunshades, tile master bath shower. New ceiling fans, appliances and stack washer and dryer.
 
Papali Wailea
Papali Wailea 6
Wailea
$4.65M (FS)
Experience luxury single level living with mesmerizing ocean and outer island views, premium top row location, 3 beds 3.5 baths plus attached private garage, generous storage, in a gated community. Sweeping ocean views delight from all of the living areas and the primary suite. Exquisite architectural details dazzle the senses.
 

Residential Condos Under $1M

Mount Thomas 103
Wailuku
$425K (FS)
This 2 bedroom 2 bath condo features panoramic ocean/Haleakala views and is located centrally to everything. Mount Thomas units rarely come up for sale. Security Building and Pet Friendly complex. 
 
Leinani Apts
Leinani Apartments 304
Kaanapali

$498.7K (FS)
Fully furnished. Remodel includes new fridge, micro, dishwasher, washer and dryer, tile, lowered ceiling/lighting/fans. Walk across street to beach. Lani looks out to beautiful moving floral. Small boutique complex. Relaxed, friendly, safe. Fee Simple, low HOA includes water, sewer, garbage, cable, lawn and pool maintenance, parking, insurance.
 
Southpointe at Waiakoa
Southpointe at Waiakoa 16-104
Kihei
$639K (FS)
This charming 2 bedroom, 2 bathroom Kihei Beach Style Condo. This renovated gem boasts an array of delightful features that make it the perfect island retreat. As you step inside, you'll immediately notice the tasteful upgrades that have transformed this condo into a contemporary haven. 
 
Kihei Villages
Kihei Villages 22-102
Kihei
$675K (FS)
Introducing a stunning remodeled ground floor 2 bedroom, 1.5 bath condo unit . This exceptional residence has undergone a complete layout reconfiguration, resulting in a maximized open space concept. The kitchen boasts high-end stainless steel LG appliances, complemented by elegant white quartz countertops, tiled backsplash, and custom cabinets with soft-close features. 
 

Vacant Land

814 Honoapiilani
814 Honoapiilani Highway Lot 17-A
Olowalu
$800K (FS)
Designated for the Main Home, this Agriculturally Zoned, CPR'd property is slightly sloped, roughly rectangular in shape, and cleared, so it's easy o view and pick out choice homes sites. It's close to Honoapiilani Highway so it's convenient one of Maui's best snorkeling spots, a local favorite restaurant, Olowalu Store, and yet high enough to have ocean and sunset views.
 
land
92 Hoolapa Street 
Kihei
$943K (FS)
Awesome opportunity to build your dream home on Maui! This oceanview lot is minutes to Wailea and the world famous Keawakapu Beach. Located in the exclusive Kilohana Waena subdivision and surrounded by gorgeous custom homes, lot 23 opens the door for you to visualize every hope you have in a new home and then make your dreams a reality.
   
 

 
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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