Aloha, all, we currently have 106 luxury homes and 77 luxury condominiums for sale. Inventory remains relatively stable, which is typical at these price points on Maui. Activity this week was still light, but weather events likely had a significant impact on showing activity and even new listing activity.
Let’s look at the details.
Luxury Homes
Closed
192 Halau Pl, Wailea — 3 bedrooms | 3.5 bathrooms | 3,808 sq ft | ohana: no | 0.3691 acres | Wailea Golf Estates / panoramic ocean and golf course view. Listed at $6,750,000, originally $7,495,000, and closed at $6,600,000 on 3/16/26 after 125 DOM. The home was renovated in 2022 and sits in Wailea Golf Estates overlooking the 18th fairway. This was a cash sale.
Pending
No pending luxury properties were provided in the attached data for this week.
New Listings
519 Hana Hwy, Kuau — 3 bedrooms | 3 bathrooms | 1,309 sq ft | ohana: yes, 2 bed / 3 bath / 1,156 sq ft | 0.3483 acres | oceanfront North Shore estate.
New at $5,000,000. This is a two-home oceanfront property in Kuau with direct ocean frontage and recent updates. DOM shown as 3. The home was previously listed with another broker for $4,888,000. I guess the 8’s weren’t lucky numbers after all.
5171 Lower Honoapiilani Rd, Napili — 3 bedrooms | 3 bathrooms | 2,723 sq ft | ohana: no | 0.1740 acres | oceanfront Napili bluff home.
New at $5,850,000. Oceanfront setting, pool, 2-car garage, and photovoltaic system. DOM shown as 5. Previously listed with the same broker at the same price without selling. Nice photos, Ray.
936 Punakea Loop, Launiupoko — 4 bedrooms | 3.5 bathrooms | 3,957 sq ft | ohana: no | 5.4100 acres | modern Launiupoko estate with mountain/ocean views. This home built in 2017 was previously listed by the same agent at the same price of $9,900,000. It was on the market for 456 without a sale or a price change. Contemporary custom residence in Makila Plantation II on over 5 acres. DOM shown as 5. Previously listed by the same broker at the same price.
Price Reductions
40 Pulehu Nui Rd, Kula — 5 bedrooms | 2.5 bathrooms | 3,619 sq ft | ohana: yes, 3 bed / 2 bath / 1,788 sq ft | 2.0000 acres | Upcountry estate with mountain/ocean views. Reduced from $4,749,000 to $4,499,000. Price cut: $250,000. DOM shown as 61.
Wailea Point 2802, 4000 Wailea Alanui Dr — 2 bedrooms | 2 bathrooms | 1,808 sq ft | n/a | Wailea Point oceanfront condo | upper-floor luxury residence. Reduced from $5,200,000 to $4,900,000. Price cut: $300,000. It had been listed previously at $5.9M. DOM shown as 188. Wailea Point’s minimum rental period is noted as having changed from 30 days to 1 year.
Cancelled / Expired
3878 Wailea Ekolu Pl, Wailea — 4 bedrooms | 5 bathrooms | 5,638 sq ft | ohana: no | 0.3975 acres | Wailea Golf Estates ocean-view estate. This was the second time this property was listed by the same broker. It was previously list starting $12.5 million and reduced to $10,950,000 before the listing was cancelled after 230 on market. This it was cancelled at $9,950,000 after just 98 DOM.
454 Wailau Pl, Launiupoko — 4 bedrooms | 5 bathrooms | 6,640 sq ft | ohana: no | 52.7760 acres | iconic gated Launiupoko estate. This was the 4th try for this home. Originally listed by a Wailea broker in the spring of 2024 for $16.9M. After 2 listing periods with that broker it was listed with another Wailea based broker for $11.5 million. This was cancelled at $11,000,000 after 72 DOM with the same broker.
Condos
Price Changes
Wailea Point 2802, 4000 Wailea Alanui Dr — 2 bedrooms | 2 bathrooms | 1,808 sq ft | n/a | Wailea Point oceanfront condo | upper-floor luxury residence. Reduced from $5,200,000 to $4,900,000. Price cut: $300,000. It had been listed previously at $5.9M. DOM shown as 188. Wailea Point’s minimum rental period is noted as having changed from 30 days to 1 year.
There was no other activity to report in the condo luxury segment for the week.
Our Take
Maui has taken a pounding 2 weeks in a row by consecutive storms called low Kona’s. With monsoon like rains, mud slides, and collapsed and closed roads Maui real estate was almost closed for business for a 10 or 12 day stretch.
Mid-March, is usually one of the hottest times for the Luxury market on Maui. As we head into the last few weeks of our traditional high buyer season, hopefully the weather forced lull will unleash some pent-up demand.
Still this remains a market where serious sellers have to be serious. There is no shortage of beautiful properties on Maui. What is in shorter supply is urgency from buyers. Until that changes, price, presentation, and patience all matter — but price is still the one lever sellers can actually control.
