Along Maui’s oceanfront, the latest closing has been 1423 Front Street in Lahaina. This 3200 square foot home felt like it was right of old New England. The  property was originally listed for $5.2 million, most recently listed for $4.5 million and closed, after over a year on the market, for $4.2 million. At $1300 per square foot, this is the least expensive per square foot sale to close on the oceanfront this year.  The newest property on the market is 525 Hana Highway in Kuau. Sitting on a third of an an acre, this property consists of three residential condominiums which are currently rented on a vacation basis for $15,000 per month. Currently, nearly sixty oceanfront Maui homes are listed for sale. That number is slightly higher than it has been for several months.

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