How Bill 159 Will Affect Short-Term Condo Owners on Maui

Bill 159 Maui County

With the primary objective of establishing a means to limit tourism on Maui, the Maui County Council recently passed Bill 159. The desire to limit tourism on the island comes from environmental groups seeking to reduce the impact that growing tourism is having on Maui as well as from local residents who are growingly concerned about overcrowding and an ongoing housing crisis. 

The bill was originally introduced for discussion in January 2022 and addresses the total number of legally allowed transient vacation accommodation units on the island. These accommodations include hotel rooms, short-term rentable condos, bed and breakfasts, as well as camper vans and recreational vehicles. 

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Where Are Things with Wailea 670?

Wailea 670 Honua'ula

Originally referred to as Wailea 670, the development that is now known as Honua'ula is more than three decades in the making. This is a mixed-use development that would span across 670 acres in South Maui. This area, which is located just south of Maui Meadows and across the highway from the existing Wailea community, is both culturally and environmentally sensitive.

While opponents of the development say that the project is not advantageous for the communities, others say that it will provide much-needed affordable housing to the area. Recently, a major agreement has been reached as a result of years of stressful negotiations, but more negotiations are underway.

Balancing The Environment with Housing Needs

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Co-Own a Second Home on Maui 

Pacaso on Maui

A luxury second-home or condo on Maui is becoming more attainable with a new co-ownership model introduced recently by Pacaso. Pacaso, created by a group of former Zillow execs, is a tech-based marketplace that connects luxury real estate buyers and sellers to facilitate affordable co-ownership of second homes in the most desirable locations around the world.

They have initially brought co-ownership opportunities for homes and condos in Kapalua and Wailea, but are expected to acquire other luxury residences around Maui soon. This co-ownership model essentially breaks the ownership of the property into quarters, with each owner being given three months. 2 months are selected throughout the year and one month each for…

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