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        <title>Maui Real Estate &amp; Lifestyle News</title>
        <link>http://www.luxuryrealestatemaui.com/blog/2021-04/</link>
        <description>Courtney M. Brown, Realtor (S) Blog: information on the Maui real estate market, trends, and listings. Homes, condos and land for sale.</description>
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    <guid>http://www.luxuryrealestatemaui.com/blog/introducing-napili-point-c-39.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/introducing-napili-point-c-39.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Introducing Napili Point C-39</title>
    <description> <![CDATA[ 
The Napili Point, an oceanfront enclave in Napili, Maui





Why we love Napili Point


Situated on a sleepy little cove in Napili, the Napili Point is a popular vacation destination.  Honokeana Cove is just South of Napili Bay, and is known for its crystal clear waters.  Each afternoon, you can spot turtles in the Bay, which has views out toward the Pailolo Chanel. 


A walking path connects Napili Point to Napili Bay, one of Maui's most iconic beaches, and home to the Sea House Restaurant and the Gazebo, a popular breakfast spot.


Developed in two phases in 1977 and 1978, there are 71 1B/1B units and 44 2B/2B units at Napili Point situated on 5.31 acres.  There are two swimming pools as well as BBQ areas and picnic tables for guests.


The Market at Napili Point


When reviewing the market at Napili Point, it's important to understand that Phase II converted from leasehold to fee simple several years ago.  The fee simple interest in Napili Point Phase I was offered to owners for purchase in late 2020.  As such, you'll note that there are both fee simple and leasehold units available.


Current Market:Active Listings: 5There are 4 one bedroom listings ranging from $759,000 to $995,000.  There is 1 two bedroom listing at $1,200,000.Pending Sales: 4There 2 one bedroom units and 2 two bedroom units pending sale.  Sales (2020): 5Sales (2021): 3When reviewing these comps, it's important to note whether a unit is fee simple or leasehold.  For example, C-43 is a fee simple unit pending at $1,250,000.  C-2 is a leasehold unit pending at $720,000 with the fee simple interest available to purchase for another $260,000.  B-23 closed at $540,000 leasehold, with the fee simple interest available at $208,000 per the listing.






Status


Building Name


Unit


List Price


Sold Price


Close Date


Beds


Baths


Liv-SF


DOM


Price Per SQFT


LT


MLS 




ACT


Napili Point II


A24


$759,000


 


 


1


1


603


17


$1,259


Fee Simple


390932




ACT


Napili Point I


B16


$895,000


 


 


1


1


720


576


$1,243


Fee Simple


384265




ACT


Napili Point I


B-21


$975,000


 


 


1


1


720


132


$1,354


Fee Simple


389526




ACT


Napili Point I


B-18


$995,000


 


 


1


1


720


123


$1,382


Fee Simple


389624




ACT


Napili Point II


C-39


$1,200,000


 


 


2


2


995


0


$1,206


Fee Simple


391153




PNDS


Napili Point I


B-28


$899,000


 


 


1


1


720


77


$1,249


Fee Simple


390156




PNDS


Napili Point II


C43


$1,250,000


 


 


2


2


985


24


$1,269


Fee Simple


390844




PNDNS


Napili Point I


C-2


$720,000


 


 


2


2


958


366


$752


Leasehold


386602




PNDNS


Napili Point I


B-13


$975,000


 


 


1


1


720


20


$1,354


Fee Simple


390903




SLD


Napili Point II


C43


$850,000


$768,574


1/23/20


2


2


955


149


$805


Fee Simple


384037




SLD


Napili Point II


B-34


$750,000


$700,000


1/31/20


1


1


718


81


$975


Fee Simple


384950




SLD


Napili Point I


C-6


$800,000


$800,000


7/23/20


2


2


958


24


$835


Leasehold


387880




SLD


Napili Point II


B-23


$566,000


$540,000


9/23/20


1


1


720


127


$750


Leasehold


387075




SLD


Napili Point II


B-40


$625,000


$575,000


12/10/20


1


1


718


129


$801


Fee Simple


387984




SLD


Napili Point I


C-24


$1,525,000


$1,375,000


2/18/21


2


2


958


43


$1,435


Fee Simple


389856




SLD


Napili Point II


A-5


$649,000


$585,000


3/9/21


1


1


603


414


$970


Fee Simple


385794




SLD


Napili Point I


B2


$750,000


$750,000


3/31/21


1


1


720


37


$1,042


Fee Simple


390949






Napili Point C-39


Napili Point C-39 enjoys a premier location, perfectly situated to take in Maui’s spectacular year-round sunsets and views of Molokai framed by palm trees.  A spacious lanai offers dining for four, and two lounge chairs.





The owner has made many updates and upgrades to C-39, including a split air conditioning system with returns in each bedroom and the living room.





Additional updates include a new stacked washer and dryer, Bosch dishwasher, a stainless-steel refrigerator with ice maker and filtered water system, and an electric sunshade.





This residence is offered fully furnished. Furnishings from Mind’s Eye create the feeling of casual island elegance in this beautiful oceanfront retreat.  This is a fee simple residence.


Click Here to Take a Virtual Walkthrough


For more information on this property, contact Courtney Brown


Napili Point Condos for Sale



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    <pubDate>Fri, 16 Apr 2021 16:11:00 -1000</pubDate>
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