CLOSED SALES

 

5163 Lower Honoapiilani Road — Napili

3 bedrooms | 2 bathrooms | 2,926 sq. ft. | No ohana | 9,060 sq. ft. | Oceanfront

Sold for $4,083,000 on December 12, 2025. Originally listed at $5,950,000. The price was then reduced to $3,850,000 and subsequently sold for $4,083,000 at auction. This was a cash sale.

PENDING SALES

We have one new pending sales to report.

29 Hana Highway — Paia Bay

3 bedrooms | 3.5 bathrooms | 2,894 sq. ft. | 1-bedroom / 1-bath ohana (594 sq. ft.) | 20,042 sq. ft. | Oceanfront

Described as a rare Paia Bay beachfront compound consisting of two detached homes. Walkable, lifestyle-driven, and highly sought after.

This is the second time the property has been listed. Both times it was listed with the same broker, both times it was listed for $4.750 million. This time it was on the market for 164 days before going under contract.

NEW LISTINGS

198 Heleuma Place — Wailea Kialoa

5 bedrooms | 5 bathrooms | 3,934 sq. ft. | No ohana | 10,128 sq. ft. | Ocean & mountain views

Asking $4,195,000

*1606 Halama Street — South Kihei

2 bedrooms | 1 bathroom | 1,724 sq. ft. | 1-bedroom / 1-bath ohana | 16,296 sq. ft. | Beachfront

Asking $4,950,000

*1598 Halama Street — South Kihei

2 bedrooms | 1 bathroom | 1,374 sq. ft. | 1-bedroom / 1-bath ohana | 16,409 sq. ft. | Beachfront

Asking $4,950,000

· 1606 and 1598 are being marketed together as “Rare opportunity to own one or two contiguous beachfront homes on one of South Maui's favorite beaches. Consolidation of the lots located at 1598 and 1606 Halama Street would create an estate site of over 32,000 square feet. The property is being sold for land value only. The main home and ohana are currently rented to long term tenants. The structures are being sold in "As Is" Condition.”

467 Anapuni Loop — Lanikeha, Kaanapali

4 bedrooms | 4 bathrooms | 3,846 sq. ft. | No ohana | 30,862 sq. ft. | Ocean views

Asking $5,995,000

This property has been on the market 3 times in the last few years without a sale. The seller has increased the price each time. Interesting strategy, right?

Makila Ranches Phase 1 — Launiupoko

5 bedrooms | 4 bathrooms | 4,591 sq. ft. | No ohana | 3.219 acres | Ocean views

Asking $8,395,000

This property is under construction.

33 Hana Highway — Paia Bay

4 bedrooms | 3 bathrooms | 2,260 sq. ft. main home | 2-bedroom / 1.5-bath ohana | ~28,000 sq. ft. | Oceanfront

Asking $8,800,000

This appears to be the 8th time this property has been on the market since 2021 when it was listed for $8.5 million.

223 Plantation Club Drive — Kapalua

3 bedrooms | 3 bathrooms + 1 half bath | 5,366 sq. ft. | No ohana | 2.18 acres | Golf course setting

Asking $9,900,000

This is the second time on the market for this property in 2025. It was previously on the market for 256 days priced at $12.8 million.

3878 Wailea Ekolu Place — Wailea Golf Estates

4 bedrooms | 4 bathrooms + 2 half baths | 5,000+ sq. ft. | No ohana | ~17,389 sq. ft. | Ocean views

Asking $9,950,000

This is the second time on the market this year for this property as well. It was previously listed for $10,595,000, and was on the market for 230 days.

3254 S Kihei Rd

5 bedrooms | 5.5 bathrooms | 7,244 sq. ft. | No ohana | ½ Acre | Beachfront

Asking $27,000,000

This is the second time on the market this year for this property. Looks like a trend.

Our take:

We’re seeing activity in the luxury segment heating up. This is especially true with “new” listings. For many of the new listings, this is actually the second time — or even the third

time or more — that they’ve been on the market. As we anticipated, three of these listings were taken off the market in the fall and are now back on the market, resetting the days on market (DOM) counter to zero so they appear as fresh inventory for the winter season. We also had a new sale and a new pending. It’s beginning to look a lot like selling season.