Maui Real Estate & Lifestyle News

Kapalua Condominium Sales: Market Spotlight on Coconut Grove Kapalua Bay and Montage Residences Kapalua Bay

Kapalua Condos for Sale Montage Kapalua Bay and Coconut Grove Kapalua Bay

For prospective buyers of luxury oceanfront condominium residences in Kapalua, the Coconut Grove Kapalua Bay and Montage Residences Kapalua Bay are often compared and considered for the similarity of size and their location overlooking Maui's much loved Kapalua Bay.  While both offer three bedroom and three bedroom plus den floor plans and are in similar price ranges, there are some very important differences:

  Coconut Grove Montage Residences Kapalua Bay
Number of Private Residences  36 84*
Stories Low Rise (2-story) High Rise (4 to 6-stories)
Floor Plans 3B and 3B+den 3B, 3B+den, 4B
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The Champagne Hale: Summer Pops Up at Kapalua's Cliff House

THE MONTAGE, KAPALUA BAY, KAPALUA, MAUI, HAWAII

If you find yourself in Kapalua this summer, one of the most special and iconic spots, the Cliff House, is transformed into an exclusive pop-up bar and lounge.  

Champage Hale Montage Kapalua Bay

The Cliff House has long been one of my favorite spots on all of Maui, having first spent time at the historic site with my father prior to the hotel being built.  

Now, Montage Kapalua Bay is partnering with Veuve Cliquot Champagnes and Chef David Viviano for a one of a kind experience.  There's no better place to watch the sunset, all the while enjoying tasty pupus including oysters, poke, local surfing goat cheese, and bubbles...lots and lots of bubbles.

When: June 29

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Maui Luxury Real Estate

Maui Ranks Amongst the Top 10 Luxury Real Estate Markets in 2016 and an Overview of Maui Luxury Real Estate Sales in 2018

Per Realtor.com's Luxury Home Index Research Report, Maui ranks 8th in the Nation's Top County Level Luxury Real Estate Markets, behind markets such as San Francisco, Brooklyn, Los Angeles, Manhattan, Santa Clara, San Mateo, and Marin.  The next Hawaii county real estate market to make the list is Kauai at #17.

Maui County Luxury Market Ranking 2016Maui one of the Hottest Luxury Housing Markets in 2016

Previously Maui had ranked #17 on the list, making it also one of the "Top 20 Movers" which identifies the hottest markets as those that have moved the fastest since last year amongst the highest 100 ranked counties across seven metrics in

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Maui Property Tax Rates Announced for 2017-2018 Fiscal Year

Per the Maui News article on June 5, 2017, the Maui County Council approved the new property tax rates for the July 1, 2017-June 30, 2018 Fiscal Year.

Maui Property Tax Rate Increases

Taxes increased across all categories from last year to this year, with the larges increase in those properties classified for use as Industrial, Conservation and Commercial.  The highest tax rate remains the Time Share Classification.

The figures below show the rates for each year.  Traditionally, the lowest tax rate is for Homeowner, where this is their declared primary residence.  The highest tax rate remains the Time Share Classification.  The figures below are the Rate($)/Million of Assessed Value.

Maui Property Tax Rates 2017-2018

Read more about how the

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MAUI VACATION RENTAL (TRANSIENT ACCOMMODATIONS) FAQs

As a realtor here on Maui, working primarily in resort areas, the most frequently asked questions I encounter are "can I vacation rent this property when I'm not using it?" and, if so, "can I manage the property myself on a website like VRBO or AirBnB?".  

The answer is, it depends. It isn't always straightforward, as there are several factors to consider that may govern the use of the property as a short term Transient Vacation Rental (TVR), including, but not limited to, state laws and statutes, Maui county zoning rules and regulations, and CC&R's (Declaration of Covenants, Conditions, and Restrictions).

TRANSIENT/SHORT TERM/VACATION RENTAL FAQS

For the purpose of the information below,

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Maui Today: 18:00 hours, Kapalua, Maui, Hawaii

At this moment, the sun bathed everything in goldSunset at the Plantation Course, Kapalua

Sunset at the Plantation Course, Kapalua, Maui.

Want to see this every day? View homes for sale in the Plantation Estates

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The Montage Residences, Kapalua Bay: Sales History and Real Estate Market Update

Since sales began at the newly branded Montage Residences, Kapalua Bay in 2014, the property has undergone a tremendous boost in sales with a 139% increase in sales volume ($) with 7% fewer sales.

Montage Residences 1205

The View from Montage Residences, Kapalua Bay 1205

Montage Residences, Kapalua Bay: Current Market Snapshot

Active Listings: 7
Price Range: $3,495,000 to $7,750,000
Pending Sales: 3
Price Range: $4,500,000 to $4,900,000
Sales Volume Prior to Rebrand: 28 sales totaling $53,747,552
Sales Volume Since Rebrand: 26 sales totaling $128,555,000

Sales initially began in 2009 while the property was branded the Ritz-Carlton Residences, Kapalua Bay.  This was just after our

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Plantation Estates, Kapalua, Maui: A video walkthrough

Join me on this walkthrough of one of my favorite Maui homes.  This home in Kapalua, Maui's Plantation Estates is situated between the ocean and the Plantation Course, home to the famed Tournament of Champions.

See more Kapalua, Maui golf course homes for sale

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