Maui Real Estate & Lifestyle News

Paki Maui Market Update: December 2019

by Heidi Dollinger, R(S)

Paki Maui for Sale

 PAKI MAUI ACTIVE LISTINGS  
 Current Listings      3
 Low List Price  $380,000
 High List Price  $899,000
 Average List Price  $686,000
 Average LP/Sq. Ft.  $854
 Average Days on Market  82
 PENDING SALES  
 Volume  2
 Low Sales Price  $325,000
 High Sales Price  $355,000
 Average Sales Price  $340,000
 Average LP/Sq. Ft.  $672
 Average DOM  58
 PAKI MAUI SALES YTD  
 Sales Volume  10
 Volume ($)  $4,498,500
 Low Sales Price  $277,000
 High Sales Price  $708,000
 Average Sales Price
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MAUI OCEANFRONT HOMES
Market Update, November 2019

Lahaina Oceanfront Home for Sale

1437 Front Street is an oceanfront home for sale in the heart of Lahaina, on historic front street
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Maui has several areas with oceanfront homes: West Maui, South Maui, North Shore, East Maui and Central Maui.  As you will see below, the home prices tend to be highest in the resort areas of West and South Maui. 

There are broad fluctuations in price depending on whether the property is beachfront or oceanfront; whether it is on a rocky shoreline or cliffside without water access; and the age, condition and size of the home.  

Over the past five years, oceanfront home sales have consistently seen a volume of around 20/year, with a low of 13 sales in 2015, and a high of 25

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KAPALUA GOLF’S PLANTATION COURSE
HOLE-BY-HOLE CHANGES 

Plantation Course Kapalua

Avid golfers dream of playing Kapalua's Plantation Course, which consistently ranks amongst the top courses in Hawaii and rated as one of the top 100 courses in the world.  The course is the home of the PGA TOUR’s Sentry Tournament of Champions which returns to Kapalua Golf’s Plantation Course from January 1-5, 2020. Tickets for the PGA TOUR's champions-only event are available at sentrytournamentofchampions.com

In preparation for the tournament, a 9-month, multi-million dollar enhancement project began in February 2019.  Both the course and the Plantation Course clubhouse and golf shop reopen to the public on November 23rd.  In preparation for the tournament, tee times will be limited on the

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Pineapple Hill and Pineapple Hill Estates Market Update, Oct 2019

Kapalua's Pineapple Hill and Pineapple Hill Estates is a popular neighborhood in the heart of the Kapalua Resort.

Pineapple Hill Kapalua Home for Sale

Pineapple Hill is the first phase of the development and was originally designed with 99 homesites, most being a quarter-acre, though many of them were consolidated to make larger lots.  Owners must build one of six floor plans (thought modifications are allowed with approval from the Design Review Committee), unless buildling on two or more contiguous lots, in which case a custom home is permitted.  

Pineapple Estates was annexed in early in 2001, with 31 homesites being integrated into the community.  Lots are larger (approximately a half-acre) and custom homes

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Spotlight on Aina Nalu:

Market Update through September 30, 2019

Aina Nalu

The Pool at Aina Nalu is a calm oasis in the heart of historic Lahaina town

by Heidi Dollinger, R(S)

Located on 8.63 acres, Aina-Nalu is one of the few Airbnb vacation rentable communities right in Lahaina town, close to all the shopping and restaurants on Front St. in Lahaina, and close to Lahaina Harbor for whale-watching boat excursions, fishing, and sunset sails.  Aina-Nalu is located just a few blocks from the ocean, and a short drive to many of the most popular West Maui beaches. There is an infinity-edge saltwater pool and hot tub spa, and another smaller kidney-shaped pool, and several bbq areas with gas grills.  Amenities include a large open-air pavilion, and

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Kapalua Golf Villas: Market Overview September 2019

Kapalua Golf Villa for SaleKapalua Golf Villa 21P3,4 enjoys a sweeping view of the Pacific ocean and outer island of Lanai

The Kapalua Golf Villas is a popular community located in the heart of the Kapalua Resort.  Built in 1979, the property is comprised of 16 buildings on 15.84 acres.  Originally designed with one and two-bedroom floor plans, there have been some two-bedroom loft-style floor plans that were converted to three-bedroom villas.  Onsite amenities include four swimming pools and barbeque areas.  The Kapalua Resort is home to two championship golf courses, tennis, hiking, world-class dining and some of Maui's most beloved beaches.

Quick Market Overview Active Listings:

View Current Listings of Kapalua Golf

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Quick Market Overview Launiupoko Homes:

Launiupoko

View Current Listings of Launiupoko Homes for Sale

Launiupoko Homes Active Listings

Launiupoko Homes All No CPR* Main Home Lot CPR Cottage Lot CPR
Active Listings 21 7  10
Volume $92,494,000 $41,664,000  $42,736,000  $8,094,000 
Low LP $1,150,000  $2,999,000 $2,125,000  $1,150,000 
High LP $8,750,000  $8,750,000 $6,995,000  $2,700,000 
Average LP $4,404,476  $5,952,000 $4,273,600  $2,023,500 
Average LP/Sq. Ft $1,274 $1,139 $1165  $1786 
Average Sq. Ft. 3696 5223 3634  1180 
Average Beds/Baths 3/4 3/4 4/4  2/2 
Average DOM
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Montage Residences Kapalua Bay: Condominium Listings and Sales
Market Overview September 2019

Montage Kapalua Bay

Montage Residences at Kapalua Bay
Whole Ownership Condominium Residences

When originally developed as a Ritz-Carlton Club and Residences in 2008, the property was comprised of 84 wholly-owned three and four-bedroom residences, some of the largest condominiums available in West Maui.  These residences are located in buildings 1, 2, 5 and 6 and ranged from 2,789 to 4,055 sq. ft. 

The development also included 62 smaller two and three-bedroom residences that were offered as 1/12 ownership located in buildings 3 and 4.  Since then, the property was re-branded in 2014 and all developer fractional sales were halted. 

Since being rebranded the Montage

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Market Overview: The International Colony Club

by Heidi Dollinger, R(S)

International Colony Club       International Colony Club  

Photos courtesy of International Colony Club #20 by Dave Lower

Built in 1964, the International Colony Club was one of the very early developments on Kaanapali Hillside.  It is one of the few places in a resort community where you can own a free-standing home on Maui with condominiumized grounds, and Airbnb or vacation rent it, without the need for a short-term rental permit.   This makes it ideal for second homeowners looking to offset their operating expenses while not in residence.

The ability to vacation rent at the International Colony Club is a recent change - it is only within the last year or so that this condominium

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