Real Estate

Councilmember Michael J. Molina has a new plan that might expand affordable housing opportunities for Maui families. 

The Department of Hawaiian Home Lands offered 37 turn-key lots in Kapolei’s Kanehili subdivision on Saturday, Sept. 21, 2019.

A lottery drawing was recently held for applications of the Kahului Lani Phase I, senior affordable rental complex on Maui. More than 400 applications were received during August 12 and 30, 2019. The target move-in date is February 2020.

Median prices for Maui real estate homes, condo and land all increased vs 2018 at $755,000, $515,000 and $500,000, respectively.

The Maui County Council’s Water and Infrastructure Committee will discuss changes to ordinances affecting subdivision improvements at its Sept. 16 meeting.

Through July 2019 YTD, home sales are down 10% on Maui but the Upcountry District (Kula/ʻUlupalaua/Kanaio, Makawao/Olinda/Hāliʻimaile, Pukalani) is up over 22%

Applications are now being accepted for the first phase of the Kahului Lani affordable rental housing complex for seniors in Kahului.  The first phase includes 82 low income rental units for seniors age 55 and older.  

Mayor Michael Victorino submitted a proposed budget amendment on Thursday for the County of Maui fiscal 2020 budget that aims to pave the way for a 100 percent affordable housing project in West Maui.

A beachfront custom “mega-mansion” overlooking the south shore of Maui sold today for $14 million, making it the island’s highest residential sale year to date.

The Bureau of Conveyances is a division of the Department of Land and Natural Resources, responsible for maintaining these property transaction records for the public.

The committee will be meeting to discuss the regulation of short-term rental homes in the Pāʻia-Haʻikū Community Plan Area

Pineapple Hill was originally developed with six single-story and two-story floor plan designs, with custom homes being allowed on two or more contiguous lots.  With just 99 homesites, 13 lots ended up being utilized for these larger, custom homes.

The County of Maui is now accepting applications for its First-Time Home Buyers Down Payment Assistance Program.

Montage Residences Kapalua Bay announced the debut of a limited collection of three-bedroom oceanfront residences for sale, ranging from $2.7 to $3.8 million.

The meeting agenda includes a review of item AH-24, “Kaiaulu o Kupuohi Apartments Project in West Maui (Formerly Known as Kai Mauka Ike Nui).” Also referred to as the “Star Noodle project,” the planned 84 rental units are being developed by Ikaika Ohana below the Lahaina Bypass along Kupuohi Street.

While number of sales are down for homes, condo and land on Maui, the median prices all went up, $740,000, $522,000 and $495,000, respectively.

The Kalama Kai project is located 200 feet from the beach on Kanani Road and features mostly three-bedroom units, totaling 844 square feet each.

The first five months of the year in the real estate industry is such a busy time and the market has slowed down a bit as the number of condo and land sales on Maui are down vs. 2018.

The median price of a single-family home on Maui dropped to $705,000 in May according to the latest monthly report filed by the Realtors Association of Maui.

Habitat for Humanity Maui aims to improve home affordability in Maui County through a new national Cost of Home advocacy campaign.