Maui Real Estate & Lifestyle News

Pineapple Hill & Pineapple Hill Estates Market Update | July 31, 2023

cb@luxuryrealestatemaui.com (Courtney M. Brown) — Mon, 31 Jul 2023 11:57:00 -1000

Pineapple Hill & Pineapple Hill Estates Market Update: July 2023 310 Cook Pine, Pineapple Hill, Kapalua, Maui I am pleased to announce the sale of 310 Cook Pine Drive in Pineapple Hill, Kapalua. This spectacular home was beautifully remodeled in 2022-2023 and is the highest recorded sale for a home on a single lot in Pineapple Hill and Pineapple Hill Estates. Historically, there have been three sales above this price that were for homes on double lots. Two of these homes closed at $7,900,000 in 2022 and one at $9,150,000 in 2007. This home went under contract within days of being listed and sold in just 63 days and sold for $1641/sq. ft. 2023 Key Sales Stats | Pineapple Hill & Pineapple Hill Estates Homes Key Home Stats 2023 2022 Low Sales Price $2,975,000 $2,750,000 High Sales Price $6,150,000 $7,900,000 Average Sales Price $4,191,667 $5,082,143 Average SP/Sq. Ft. $1154 $1023 Average Days on Market 153 134 Average LP/SP 92 96 2023 Sales | Pineapple Hill & Pineapple Hill Estates Homes Status Address List Price Sold Price SP/LP Date Beds Baths Sq. Ft. Acres Days On Market $/Sq. Ft. Built Subdivision SLD 708 Fairway Dr $4,250,000 $4,150,000 98 1/5/23 3 3.5 3,400 0.20 69 $1,221 1988 Pineapple Hill SLD 222 Crestview Rd $6,495,000 $5,775,000 89 1/6/23 4 4.5 4,265 0.48 153 $1,354 2005 Pineapple Hill Estates SLD 116 Pulelehua St $4,995,000 $4,300,000 86 5/12/23 4 4.5 4,081 0.47 250 $1,054 2003 Pineapple Hill Estates SLD 708 Fairway Dr $4,500,000 $4,400,000 98 6/27/23 3 3.5 3,238 0.20 43 $1,359 1988 Pineapple Hill SLD 1000 Sunset Pl $3,500,000 $2,975,000 85 7/14/23 4 4.5 3,386 0.31 312 $879 1990 Pineapple Hill SLD 518 Pacific Dr $3,850,000 $3,550,000 92 7/20/23 4 4 3,357 0.22 91 $1,057 2002 Pineapple Hill SLD 310 Cook Pine Dr $6,250,000 $6,150,000 98 7/28/23 3 3.5 3,748 0.24 63 $1,641 1998 Pineapple Hill An aerial view of 322 Cook Pine, Pineapple Hill, Kapalua, Maui I am pleased to announce the sale of 322 Cook Pine Drive. This is one of the last undeveloped lots in Pineapple Hill and the only sale in 2023. In 2022, the average sales prices were bouyed by a high sale of a lot at $1,500,000. The average sales price/sq. ft. remained steady at $101/sq. ft. 2023 Key Sales Stats | Pineapple Hill & Pineapple Hill Estates Land Key Land Stats 2023 2022 Low Sales Price $995,000 $879,000 High Sales Price $995,000 $1,500,000 Average Sales Price $995,000 $1,157,400 Average SP/Sq. Ft. $101 $101 Average Days on Market 333 204 Average LP/SP 100 100 2023 Sales | Pineapple Hill Land Status Address List Price Sold Price SP/LP Date Acres Days On Market $/Sq. Ft. Subdivision SLD 322 Cook Pine $995,000 $995,000 100 7/31/23 0.23 333 $101 Pineapple Hill For more information on this offering or Homes for sale in Kapalua, please contact Courtney M. Brown, R(S) 56519 View Pineapple Hill, Kapalua Homes for Sale

Wailea & Makena Condominium Market Update: Q2 | 2023

cb@luxuryrealestatemaui.com (Courtney M. Brown) — Fri, 28 Jul 2023 17:23:00 -1000

WAILEA CONDOMINIUM MARKET UPDATE: Q2 2023 Wailea Resort Condominiums Wailea Condominiums Wailea is home to several different condominium resorts, including the Andaz, Grand Champions, Ho'olei, Kai Malu, Kanani Wailea, Keala O Wailea, Palms at Wailea, Wailea Palms, Makalii, Papali, Polo Beach Club, Wailea Beach Villas, Wailea Ekahi, Wailea Ekolu, Wailea Elua, Wailea Fairway Villas, Wailea Point, and Wailea Town Center. Makena is home to the Makena Golf & Beach Club, Makena Surf, Na Hale O Makena WAILEA & MAKENA CONDOS Q2 2023 2022 2021 2020 2019 2018 Number of Sales 47 130 315 144 140 214 Volume $157,537,949 $359,939,459 $673,905,402 $321,397,970 $268,736,001 $327,196,895 Low Sales Price $1,095,000 $650,000 $375,000* $683,550 $599,000 $275,000* High Sales Price $13,000,000 $12,000,000 $16,000,000 $15,400,000 $10,866,000 $10,000,000 Median $1,995,000 $1,757,500 $1,550,000 $1,420,000 $1,282,500 $1,165,000 Average SP $3,351,871 $2,768,765 $2,139,382 $2,231,930 $1,919,543 $1,528,957 Average SP/Sq. Ft. $1,762 $1,719 $1,269 $1,176 $1,119 $995 Average DOM 184 92 350 347 211 351 Average SP/LP 97 99 99 97 97 97 How does the market through the second quarter of 2023 stack up for each community as compared with prior years? A FIVE-YEAR OVERVIEW Andaz Wailea Andaz Wailea Condos for Sale Andaz Residences Q2 2023 2022 2021 2020 2019 2018 2017 Sales 0 1 1 0 0 0 4 Volume $0 $11,900,000 6,950,000 $0 $0 $0 $18,495,000 Low SP NA $11,900,000 6,950,000 NA NA NA $4,250,000 High SP NA $11,900,000 6,950,000 NA NA NA $5,500,000 Median SP NA $11,900,000 6,950,000 NA NA NA $4,372,500 Average SP NA $11,900,000 6,950,000 NA NA NA $4,623,750 Average SP/Sq. Ft NA $4,229 2,470 NA NA NA 1681 Average DOM NA 132 267 NA NA NA 271 Average SP/LP NA 100 96 NA NA NA 100 Grand Champions Grand Champions Condos for Sale Grand Champions Q2 2023 2022 2021 2020 2019 2018 Sales 5 10 29 12 13 9 Volume $7,365,000 $13,135,000 $26,155,500 $10,102,550 $10,298,900 $6,152,000 Low SP $1,150,000 $850,000 $659,000 $683,550 $685,000 $528,000 High SP $1,700,000 $1,595,000 $1,295,000 $1,200,000 $1,199,000 $1,000,000 Median SP $1,515,000 $1,350,000 $799,000 $795,000 $760,000 $640,000 Average SP $1,473,000 $1,313,500 $901,914 $841,879 $792,223 $683,556 Average SP/Sq. Ft $1,407 $1,216 $825 $738 $732 $645 Average DOM 111 92 150 98 144 150 Average SP/LP 95 99 99 97 97 98 Ho'olei Hoolei Condos for Sale Ho'olei Q2 2023 2022 2021 2020 2019 2018 Sales 0 7 13 8 9 7 Volume $0 $36,800,000 $45,151,000 $25,180,000 $27,155,000 $18,442,500 Low SP NA $4,325,000 $2,899,000 $2,250,000 $2,535,000 $1,750,000 High SP NA $6,225,000 $4,350,000 $3,500,000 $3,450,000 $3,212,500 Median SP NA $5,000,000 $3,500,000 $3,452,500 $3,050,000 $3,100,000 Average SP NA $5,257,143 $3,473,154 $3,147,500 $3,017,222 $2,634,643 Average SP/Sq. Ft NA $1,935 $1,322 $1,156 $1,108 $1,025 Average DOM NA 51 83 144 131 253 Average SP/LP NA 101 96 94 96 96 Kai Malu at Wailea Kai Malu at Wailea Condos for Sale Kai Malu Q2 2023 2022 2021 2020 2019 2018 Sales 4 7 21 5 17 12 Volume $10,045,000 $15,919,000 $33,969,100 $8,155,000 $25,244,000 $17,968,500 Low SP $2,095,000 $1,999,000 $1,300,000 $1,495,000 $1,245,000 $1,150,000 High SP $2,750,000 $2,615,000 $1,940,000 $1,750,000 $1,942,500 $1,850,000 Median SP $2,600,000 $2,200,000 $1,610,000 $1,685,000 $1,375,000 $1,475,000 Average SP $2,511,250 $2,274,143 $1,617,576 $1,631,000 $1,438,765 $1,497,375 Average SP/Sq. Ft $1,398 $1,243 $898 $902 $819 $826 Average DOM 84 62 80 137 196 130 Average SP/LP 96 99 100 98 96 96 Kanani Wailea Kanani Wailea Condos for Sale Kanani Wailea Q2 2023 2022 2021 2020 2019 2018 Sales 2 3 6 1 2 3 Volume $4,050,000 $5,780,000 $8,617,000 $1,188,000 $2,398,000 $3,424,000 Low SP $1,750,000 $1,680,000 $1,150,000 $1,188,000 $998,000 $959,000 High SP $2,300,000 $1,900,000 $1,900,000 $1,188,000 $1,400,000 $1,450,000 Median SP $2,025,000 $1,900,000 $1,321,000 $1,188,000 $1,999,000 $1,015,000 Average SP $2,025,000 $1,926,667 $1,436,167 $1,188,000 $1,999,000 $1,141,333 Average SP/Sq. Ft $981 $865 $658 $573 $573 $514 Average DOM 77 72 163 310 310 232 Average SP/LP 94 99 100 99 94 97 Keala O Wailea Keala O Wailea Condos for Sale Keala O Wailea Q2 2023 2022 2021 2020 2019 2018 Sales 1 4 12 9 13 77 Volume $2,400,000 $847,000 $23,053,000 $12,695,000 $18,859,000 $95,538,057 Low SP $2,400,000 $1,445,000 $1,280,000 $1,225,000 $1,060,000 $739,900 High SP $2,400,000 $2,727,000 $2,550,000 $1,670,000 $2,450,000 $2,300,000 Median SP $2,400,000 $2,162,500 $1,762,500 $1,415,000 $1,349,000 $1,149,900 Average SP $2,400,000 $2,124,250 $1,921,083 $1,410,556 $1,450,692 $1,240,754 Average SP/Sq. Ft $1,923 $1,593 $1,278 $1,094 $1,050 $887 Average DOM 35 65 128 155 121 763 Average SP/LP 100 103 98 97 98 100 Makali'i Makalii Condos for sale Makalii Q2 2023 2022 2021 2020 2019 2018 Sales 3 5 71 14 0 0 Volume $9,195,000 $14,110,000 $132,792,000 $21,094,000 $0 $0 Low SP $2,700,000 $1,750,000 $1,015,000 $1,250,000 NA NA High SP $3,400,000 $3,300,000 $3,200,000 $1,950,000 NA NA Median SP $3,095,000 $2,990,000 $1,812,000 $1,498,000 NA NA Average SP $3,065,000 $2,822,000 $1,870,310 $1,506,714 NA NA Average SP/Sq. Ft $1,784 $1,647 $1,113 $923 NA NA Average DOM 116 327 1170 1283 NA NA Average SP/LP 95 100 100 100 NA NA Makalii is a new development that launched in 2020 with presales beginning years prior. As such, days on market include build time and developer sales sell at 100 of asking Makena Golf & Beach Club Makena Golf & Beach Club Condos for Sale Makena Golf & Beach Club Q2 2023 2022 2021 2020 2019 2018 Sales 0 3 2 13 8 0 Volume $0 $26,806,000 $23,027,000 $91,931,000 $79,848,000 $0 Low SP NA $6,350,000 $10,527,000 $4,950,000 $9,037,000 NA High SP NA $11,256,000 $12,500,000 $15,400,000 $10,886,000 NA Median SP NA $9,200,000 $11,513,500 $7,044,000 $9,651,000 NA Average SP NA $8,953,333 $11,513,500 $7,071,615 $9,981,000 NA Average SP/Sq. Ft NA $1,995 $3,175 $1,929 $2,921 NA Average DOM NA 160 84 1071 1096 NA Average SP/LP NA 100 98 100 100 NA < Makena Surf Makena Surf Condos for Sale Makena Surf Q2 2023 2022 2021 2020 2019 2018 Sales 0 5 8 5 2 6 Volume $0 $24,000,000 $27,495,000 $16,724,990 $4,848,000 $15,110,000 Low SP NA $3,800,000 $2,735,000 $2,350,000 $2,298,000 $1,900,000 High SP NA $5,500,000 $4,000,000 $5,999,990 $2,550,000 $3,600,000 Median SP NA $5,200,000 $3,600,000 $2,850,000 $2,424,000 $2,450,000 Average SP NA $4,800,000 $3,436,875 $3,344,998 $2,424,000 $2,518,333 Average SP/Sq. Ft NA $3,538 $2,439 $1,878 $1,800 $1,963 Average DOM NA 117 114 190 53 161 Average SP/LP NA 95 97 95 101 93 Na Hale O Makena Na Hale O Makena Condos for Sale Na Hale O Makena Q2 2023 2022 2021 2020 2019 2018 Sales 1 4 6 1 2 3 Volume $2,550,000 $13,400,000 $11,627,790 $1,413,750 $2,975,000 $4,697,750 Low SP $2,550,000 $2,600,000 $1,500,000 $1,413,750 $1,325,000 $1,250,000 High SP $2,550,000 $3,550,000 $2,543,790 $1,413,750 $1,650,000 $1,850,000 Median SP $2,550,000 $3,400,000 $1,867,000 $1,413,750 $1,487,500 $1,597,750 Average SP $2,550,000 $3,350,000 $1,937,965 $1,413,750 $1,487,500 $1,565,917 Average SP/Sq. Ft $1,205 $1,288 $914 $668 $708 $673 Average DOM 36 129 136 107 250 150 Average SP/LP 94 96 98 98 87 98 Palms I at Wailea Palms I at Wailea Condos for Sale Palms at Wailea Q2 2023 2022 2021 2020 2019 2018 Sales 4 18 16 15 7 15 Volume $6,581,000 $24,834,000 $15,698,000 $12,349,350 $5,765,001 $12,196,800 Low SP $1,381,000 $985,000 $720,000 $690,000 $686,000 $680,000 High SP $1,950,000 $1,575,000 $1,230,000 $1,400,000 $950,000 $1,288,800 Median SP $1,625,000 $1,400,000 $932,500 $795,000 $875,000 $835,000 Average SP $1,645,250 $1,379,667 $981,125 $823,290 $823,572 $871,200 Average SP/Sq. Ft $1,336 $1,197 $863 $731 $736 $767 Average DOM 60 73 129 175 136 224 Average SP/LP 100 100 100 100 100 100 Palms II at Wailea (Wailea Palms) Wailea Palms Condos for Sale Wailea Palms Q2 2023 2022 2021 2020 2019 2018 Sales 2 8 10 5 10 6 Volume $3,683,500 $14,225,000 $11,567,000 $4,299,000 $10,639,100 $4,860,000 Low SP $1,632,500 $1,500,000 $835,000 $725,000 $800,000 $725,000 High SP $2,050,000 $2,550,000 $1,650,000 $1,125,000 $1,600,000 $1,050,000 Median SP $1,841,250 $1,707,500 $1,162,500 $820,000 $990,000 $772,500 Average SP $1,841,250 $1,778,125 $1,156,700 $859,800 $1,063,910 $810,000 Average SP/Sq. Ft $1,341 $1,348 $950 $759 $820 $636 Average DOM 129 65 112 98 100 125 Average SP/LP 99 100 98 98 95 95 Papali Wailea Papali Wailea Condos for Sale Papali Q2 2023 2022 2021 2020 2019 2018 Sales 0 0 4 1 0 1 Volume $0 $0 $16,170,000 $2,600,000 $0 $3,381,000 Low SP NA NA $3,795,000 $2,600,000 NA $3,381,000 High SP NA NA $4,400,000 $2,600,000 NA $3,381,000 Median SP NA NA $3,978,500 $2,600,000 NA $3,381,000 Average SP NA NA $4,042,500 $2,600,000 NA $3,381,000 Average SP/Sq. Ft NA NA $1,694 $1,090 NA $795 Average DOM NA NA 93 609 NA 79 Average SP/LP NA NA 100 87 NA 100 Polo Beach Club Polo Beach Club Condos for Sale Polo Beach Club Q2 2023 2022 2021 2020 2019 2018 Sales 0 2 6 2 3 0 Volume $0 $8,599,808 $20,155,000 $5,157,500 $7,825,000 $0 Low SP NA $3,999,808 $2,200,000 $2,575,000 $2,175,000 NA High SP NA $4,600,000 $4,675,000 $2,600,000 $3,400,000 NA Median SP NA $4,299,904 $3,365,000 $2,587,500 $2,940,000 NA Average SP NA $4,299,904 $3,359,167 $2,587,500 $2,608,333 NA Average SP/Sq. Ft NA $3,547 $2,696 $1,959 $2,134 NA Average DOM NA 61 72 102 167 NA Average SP/LP NA 99 97 99 97 NA Wailea Beach Villas Wailea Beach Villas Condos for Sale Wailea Beach Villas Q2 2023 2022 2021 2020 2019 2018 Sales 0 5 13 5 1 12 Volume $0 $41,225,000 $78,725,000 $19,944,000 $4,600,000 $55,626,500 Low SP NA $4,550,000 $2,845,000 $2,500,000 $4,600,000 $2,185,000 High SP NA $12,000,000 $14,000,000 $6,895,000 $4,600,000 $10,000,000 Median SP NA $7,800,000 $5,100,000 $3,900,000 $4,600,000 $3,925,250 Average SP NA $8,245,000 $6,055,769 $3,988,800 $4,600,000 $4,635,542 Average SP/Sq. Ft NA $3,160 $2,363 $1,534 $2,110 $1,831 Average DOM NA 76 137 181 336 177 Average SP/LP NA 99 98 94 94 98 Wailea Ekahi Wailea Ekahi Condos for Sale Wailea Ekahi Q2 2023 2022 2021 2020 2019 2018 Sales 6 17 27 18 23 17 Volume $10,570,427 $26,108,750 $31,861,512 $20,185,000 $2,725,700 $19,779,000 Low SP $1,436,627 $650,000 $647,000 $690,000 $650,000 $675,000 High SP $2,300,000 $2,070,000 $2,200,000 $2,750,000 $2,350,000 $2,195,000 Median SP $1,654,400 $1,575,000 $1,070,000 $974,500 $1,020,000 $1,025,000 Average SP $1,761,738 $1,535,809 $1,180,056 $1,221,389 $1,185,087 $1,163,471 Average SP/Sq. Ft $1,962 $1,687 $1,290 $1,147 $1,136 $1,140 Average DOM 110 75 91 154 213 154 Average SP/LP 98 100 98 95 96 94 Wailea Ekolu Wailea Ekolu Condos for Sale Wailea Ekolu Q2 2023 2022 2021 2020 2019 2018 Sales 6 11 14 6 12 10 Volume $11,449,500 $18,650,000 $16,403,000 $5,729,999 $12,062,000 $8,315,900 Low SP $1,542,000 $1,105,000 $899,000 $720,000 $645,000 $626,000 High SP $2,362,500 $2,295,000 $1,525,000 $1,100,000 $1,300,000 $1,057,500 Median SP $1,887,500 $1,700,000 $1,172,500 $1,012,500 $1,035,000 $798,500 Average SP $1,908,250 $1,695,455 $171,643 $955,000 $1,005,167 $831,590 Average SP/Sq. Ft $1,801 $1,735 $1,140 $929 $951 $781 Average DOM 110 74 74 90 86 155 Average SP/LP 98 102 101 96 97 98 Wailea Elua Wailea Elua Condos for Sale Wailea Elua Q2 2023 2022 2021 2020 2019 2018 Sales 1 3 11 2 4 10 Volume $2,800,000 $9,851,000 $29,100,000 $7,415,000 $7,030,000 $20,130,000 Low SP $2,800,000 $2,700,000 $1,550,000 $3,615,000 $1,500,000 $1,245,000 High SP $2,800,000 $4,201,000 $4,350,000 $3,800,000 $1,945,000 $3,800,000 Median SP $2,800,000 $2,950,000 $2,200,000 $3,707,500 $1,792,500 $1,670,000 Average SP $2,800,000 $3,283,667 $2,645,455 $3,707,500 $1,757,500 $2,013,000 Average SP/Sq. Ft $3,143 $2,812 $2,043 $2,945 $1,558 $1,526 Average DOM 116 91 104 144 93 258 Average SP/LP 97 103 101 95 98 94 Wailea Fairway Villas Wailea Fairway Villas Condos for Sale Wailea Fairway Villas Q2 2023 2022 2021 2020 2019 2018 Sales 4 11 26 8 9 16 Volume $5,848,022 $12,878,001 $24,430,500 $6,376,000 $6,912,000 $11,374,000 Low SP $1,095,000 $925,000 $725,000 $715,000 $599,000 $589,000 High SP $1,900,000 $1,495,000 $1,450,000 $1,090,000 $1,195,000 $910,000 Median SP $1,426,511 $1,150,000 $890,000 $767,000 $725,000 $720,000 Average SP $1,462,066 $1,170,727 $939,635 $797,000 $768,000 $710,875 Average SP/Sq. Ft $1,132 $1,177 $866 $772 $721 $695 Average DOM 96 94 76 201 200 141 Average SP/LP 97 99 99 97 98 98 Wailea Point Wailea Point Condos for Sale Wailea Point Q2 2023 2022 2021 2020 2019 2018 Sales 2 5 17 14 5 10 Volume $10,937,500 $23,110,000 $87,568,000 $48,840,331 $15,040,000 $28,650,888 Low SP $5,162,500 $2,075,000 $375,000* $1,525,000 $1,740,000 $275,000* High SP $5,775,000 $6,785,000 $16,000,000 $7,500,000 $5,400,000 $4,100,888 Median SP $5,468,750 $4,450,000 $5,000,000 $2,716,250 $2,650,000 $3,200,000 Average SP $5,468,750 $4,622,000 $5,151,059 $3,488,595 $3,008,000 $2,865,089 Average SP/Sq. Ft $2,983 $2,239 $1,945 $1,619 $1,582 $1,461 Average DOM 151 80 169 174 140 130 Average SP/LP 93 97 97 95 94 93 *Sale of a garage Wailea Town Center Wailea Town Center Condos for Sale Wailea Town Center Q2 2023 2022 2021 2020 2019 2018 Sales 0 0 2 0 0 1 Volume $0 $0 $3,390,000 $0 $0 $1,550,000 Low SP NA NA $1,690,000 NA NA $1,550,000 High SP NA NA $3,390,000 NA NA $1,550,000 Median SP NA NA $1,695,000 NA NA $1,550,000 Average SP NA NA $1,695,000 NA NA $1,550,000 Average SP/Sq. Ft NA NA $968 NA NA $812 Average DOM NA NA 71 NA NA 167 Average SP/LP NA NA 104 NA NA 97 If you are thinking of buying or selling in Wailea or Makena, please contact Courtney M. Brown for more detailed information on the market at each of these Wailea and Makena communities Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value. Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein.

Kaanapali Resort Condominium Market Update: Q2 | 2023

cb@luxuryrealestatemaui.com (Courtney M. Brown) — Thu, 27 Jul 2023 12:48:00 -1000

KAANAPALI CONDOMINIUM MARKET UPDATE: Q2 2023 Kaanapali Resort Condominiums Kaanapali Condominiums Kaanapali is home to several different condominium communities, with offerings ranging from studios to four-bedroom condominiums. Located along Kaanapali Beach are the Kaanapali Alii and Whaler, and located on Kahekili are the Maui Kaanapali Villas, Honua Kai, Mahana and Maui Kai. Surrounding the Golf Course, you'll find the Maui Eldorado, the Masters, Kaanapali Plantation, International Colony Club and Vintage. Kaanapali Resort Condos Q2 2023 2022 2021 2020 2019 2018 Number of Sales 39 148 237 159 168 173 Volume $66,617,900 $247,257,475 $321,700,298 $212,877,531 $205,331,916 $191,084,387 Low Sales Price $600,000 $325,000 $318,000 $319,000 $240,000 $159,000 High Sales Price $5,525,000 $5,899,000 $5,400,000 $3,300,000 $4,995,000 $5,725,000 Median $1,500,000 $1,412,500 $995,000 $1,050,000 $952,500 $801,000 Average SP $1,708,151 $1,670,659 $1,357,385 $1,338,852 $1,222,214 $1,104,534 Average SP/Sq. Ft. $1,597 $1,486 $1,158 $955 $1,010 $955 Average DOM 111 90 127 248 218 170 Average SP/LP 97 98 98 96 97 96 There are a mix of leasehold and fee simple condominiums in Kaanapali How does the market through the second quarter of 2023 stack up for each community as compared with prior years? A FIVE-YEAR OVERVIEW Honua Kai Honua Kai: condos for sale All Buildings Honua Kai Q2 2023 2022 2021 2020 2019 2018 Sales 11 45 63 72 57 40 Volume $24,458,000 $112,632,875 $121,182,648 $137,972,250 $91,809,500 $64,235,287 Low SP $1,220,000 $1,150,000 $807,500 $735,000 $774,000 $695,000 High SP $5,525,000 $5,899,000 $5,400,000 $3,199,000 $3,300,000 $5,725,000 Median SP $1,975,000 $1,900,000 $1,550,000 $2,119,750 $1,700,000 $1,120,000 Average SP $2,223,455 $2,502,953 $1,923,534 $1,916,281 $1,610,693 $1,605,882 Average SP/Sq. Ft $2,184 $2,154 $1,498 $1,139 $1,190 $1,357 Average DOM 119 97 137 404 318 117 Average SP/LP 97 98 98 98 98 98 International Colony Club International Colony Club condos for sale International Colony Club Q2 2023 2022 2021 2020 2019 2018 Sales 0 0 5 1 1 9 Volume 0 0 $3,150,000 $575,000 $618,000 $4,749,500 Low SP NA NA $600,000 $575,000 $618,000 $388,500 High SP NA NA $680,000 $575,000 $618,000 $640,000 Median SP NA NA $620,000 $575,000 $618,000 $501,000 Average SP NA NA $630,000 $575,000 $618,000 $527,722 Average SP/Sq. Ft NA NA $556 $614 $445 $495 Average DOM NA NA 143 127 237 268 Average SP/LP NA NA 100 96 98 93 Kaanapali Alii Kaanapali Alii condos for sale Kaanapali Alii Q2 2023 2022 2021 2020 2019 2018 Sales 3 12 27 9 16 15 Volume $8,450,000.00 $31,841,600 $66,456,000 $18,215,000 $39,230,000 $39,762,000 Low SP $2,350,000.00 $1,020,000* $918,000* $1,200,000 $1,100,000 $1,200,000 High SP $3,650,000.00 $4,596,600 $5,000,000 $3,300,000 $4,995,000 $4,800,000 Median SP $2,700,000.00 $2,387,500 $2,300,000 $1,700,000 $2,147,500 $2,525,000 Average SP $2,816,667.00 $2,653,467 $2,461,333 $2,023,889 $2,451,875 $2,650,000 Average SP/Sq. Ft $1,832.00 $1,739 $1,595 $1,248 $1,560 $1,655 Average DOM 57 97 125 129 213 202 Average SP/LP 98.00 96 97 92 95 94 Kaanapali Plantation Kaanapali Plantation condos for sale Kaanapali Plantation Q2 2023 2022 2021 2020 2019 2018 Sales 1 9 11 4 3 5 Volume $1,375,000.00 $11,244,000 $8,570,250 $3,190,000 $2,039,000 $3,455,000 Low SP $1,375,000.00 $860,000 $448,000 $755,000 $629,000 $625,000 High SP $1,375,000.00 $1,500,000 $1,200,000 $870,000 $780,000 $765,000 Median SP $1,375,000.00 $1,325,000 $731,250 $782,500 $630,000 $675,000 Average SP $1,375,000.00 $1,249,333 $779,114 $797,500 $679,667 $691,000 Average SP/Sq. Ft $1,194.00 $979 $595 $558 $544 $573 Average DOM 77 60 129 127 $282 66 Average SP/LP 92 97 98 95 97 99 Kaanapali Royal Kaanapali Royal condos for sale Kaanapali Royal Q2 2023 2022 2021 2020 2019 2018 Sales 1 2 3 6 9 7 Volume $1,750,000 $2,455,000 $2,792,000 $4,372,500 $6,997,750 $5,462,200 Low SP $1,750,000 $1,160,000 $820,000 $350,000* $705,000 $710,000 High SP $1,750,000 $1,295,000 $1,100,000 $850,000 $864,750 $875,000 Median SP $1,750,000 $1,227,500 $872,000 $795,000 $765,000 $785,000 Average SP $1,750,000 $1,227,500 $930,667 $728,750 $777,528 $780,314 Average SP/Sq. Ft $1,010 $805 $571 $478 $504 $511 Average DOM 70 35 99 99 101 122 Average SP/LP 89 108 103 97 97 99 * Leasehold sales in 2017 and 2020 Kaanapali Shores Kaanapali Shores condos for sale Kaanapali Shores Q2 2023 2022 2021 2020 2019 2018 2017 Sales 9 29 33 15 15 33 24 Volume $10,049,900 $26,657,500 $25,358,000 $9,727,381 $9,938,167 $18,452,900 $13,891,140 Low SP $650,000* $325,000* $318,000* $320,000* $365,000 $159,000* $200,000* High SP $2,500,000 $2,360,000 $2,125,000 $950,000 $997,000 $1,780,000 $1,554,840 Median SP $950,000 $810,000 $700,000 $645,000 $557,500 $553,000 $520,000 Average SP $1,116,656 $919,224 $768,424 $635,159 $621,135 $559,179 $578,798 Average SP/Sq. Ft $1,252 $1,098 $931 $781 $830 $702 $708 Average DOM 126 91 145 142 117 165 167 Average SP/LP 97 98 98 95 97 96 96 *There were leasehold sales every year. Low is marked with the asterisk The Mahana at Kaanapali The Mahana at Kaanapali condos for sale Mahana Q2 2023 2022 2021 2020 2019 2018 Sales 6 21 12 5 9 11 Volume $9,357,500.00 $26,241,500 $14,372,400 $4,858,000 $8,302,000 $8,782,000 Low SP $1,175,000.00 $772,500 $725,000 $640,000 $625,000 $550,000 High SP $3,005,000.00 $2,300,000 $1,725,000 $1,650,000 $1,850,000 $990,000 Median SP $1,248,750.00 $1,160,000 $1,197,500 $880,000 $825,000 $825,000 Average SP $1,559,583.00 $1,249,595 $1,197,708 $971,600 $922,444 $798,364 Average SP/Sq. Ft $1,682.00 $1,591 $1,330 $1,314 $1,174 $1,135 Average DOM 130 78 253 161 140 77 Average SP/LP 98 97 97 96 98 97 Maui Eldorado Maui Eldorado condos for sale Maui Eldorado Q2 2023 2022 2021 2020 2019 2018 Sales 2 10 12 10 12 9 Volume $1,850,000.00 $7,011,000 $6,803,500 $4,302,500 $4,766,000 $3,044,012 Low SP $600,000.00 $415,000 $345,000 $240,000 $240,000 $210,000 High SP $1,250,000.00 $1,137,500 $965,000 $835,000 $835,000 $610,000 Median SP $925,000.00 $616,250 $460,750 $403,750 $332,500 $327,901 Average SP $925,000.00 $701,100 $566,958 $430,250 $397,167 $316,111 Average SP/Sq. Ft $746.53 $657 $559 $458 $458 $287 Average DOM 59.5 64 131 79 79 251 Average SP/LP 97.00 101 98 96 96 91 Maui Kaanapali Villas Maui Kaanapali Villas condos for sale Maui Kaanapali Villas Q2 2023 2022 2021 2020 2019 2018 Sales 0 6 15 10 5 12 Volume 0 $4,615,000 $9,598,900 $5,884,400 $3,695,000 $6,382,500 Low SP NA $400,000 $345,000 $432,500 $430,000 $285,000 High SP NA $1,100,000 $915,000 $799,000 $1,050,000 $1,797,000 Median SP NA $767,500 $625,000 $487,450 $760,000 $417,500 Average SP NA $769,167 $639,927 $588,440 $739,000 $531,875 Average SP/Sq. Ft NA $1,154 $985 $889 $932 $747 Average DOM NA 111 64 54 49 278 Average SP/LP NA 99 98 98 100 97 Maui Kai Maui Kai condos for sale The Masters at Kaanapali Hillside The Masters at Kaanapali Hillside condos for sale Masters Q2 2023 2022 2021 2020 2019 2018 Sales 5 17 31 15 18 16 Volume $8,190,000.00 $25,371,000 $34,802,000 $13,586,500 $15,498,500 $17,310,000 Low SP $1,400,000.00 $900,000 $675,000 $575,000 $550,000 $540,000 High SP $1,990,000.00 $2,175,000 $1,929,000 $1,300,000 $1,400,000 $1,500,000 Median SP $1,500,000.00 $1,565,000 $1,107,000 $945,000 $852,000 $1,127,500 Average SP $1,638,000.00 $1,492,412 $1,122,645 $905,766 $861,028 $1,081,875 Average SP/Sq. Ft $1,074.00 $989 $796 $639 $660 $690 Average DOM 190 62 133 97 225 164 Average SP/LP 92.00 100 98 95 95 93 The Vintage at Kaanapali The Vintage condos for sale Vintage Q2 2023 2022 2021 2020 2019 2018 Sales 1 3 7 4 6 6 Volume $1,800,000 $5,190,000 $9,734,000 $4,573,000 $6,840,999 $6,445,000 Low SP $1,800,000 $1,200,000 $1,100,000 $950,000 $890,999 $801,000 High SP $1,800,000 $1,995,000 $1,620,000 $1,375,000 $1,425,000 $1,400,000 Median SP $1,800,000 $1,995,000 $1,360,000 $1,124,000 $1,125,000 $1,120,000 Average SP $1,800,000 $1,730,000 $1,390,571 $1,143,250 $1,140,167 $1,074,167 Average SP/Sq. Ft $890 $797 $693 $621 $610 $546 Average DOM 191 203 87 148 237 141 Average SP/LP 92 97 99 96 94 95 The Whaler at Kaanapali Beach The Whaler at Kaanapali Beach condos for sale Whaler Q2 2023 2022 2021* 2020 2019 2018 Sales 2 8 24 7 16 17 Volume $2,485,000 $14,931,500 $29,712,000 $7,480,000 $19,000,000 $19,765,000 Low SP $1,085,000 $1,080,000 $500,000 $795,000 $750,000 $620,000 High SP $1,400,000 $3,970,000 $3,650,000 $1,250,000 $2,750,000 $2,150,000 Median SP $1,242,500 $1,575,000 $945,500 $1,100,000 $945,000 $1,100,000 Average SP $1,242,500 $1,866,438 $1,238,000 $1,068,571 $1,187,500 $1,162,647 Average SP/Sq. Ft $2,292 $1,959 $1,524 $1,266 $1,380 $1,318 Average DOM $36 85 116 150 173 165 Average SP/LP 108 98 98 91 95 94 *Leasehold Sale occurred in this year If you are thinking of buying or selling in Kaanapali, please contact Courtney M. Brown for more detailed information on the market at each of these Kaanapali communities Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value. Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein. This blog post was updated on 7/28/23. The MLS data charts were changed from a rolling 12 months to a rolling 6 months of data.

Introducing Alaeloa 38

cb@luxuryrealestatemaui.com (Courtney M. Brown) — Mon, 24 Jul 2023 13:41:00 -1000

Introducing Alaeloa 38 Alaeloa is a hidden gem nestled along the picturesque coastline of Napili. This tranquil and idyllic enclave is home to just 42 residences situated on 13 beautifully landscaped oceanfront acres. Alaeloa 38 is a free-standing three-bedroom cottage with vaulted ceilings and a spacious covered lanai with views of the ocean and Molokai. Nestled in a mango grove, the property has the charm and feel of Old Hawaii. Located on the western coast of Maui, Alaeloa surrounds a pristine bay with stunning views of the Pacific Ocean and neighboring islands. This intimate and secluded bay provides a private haven to relax, soak up the sun, and listen to the soothing sound of waves gently lapping against the shore. The calm waters are perfect for swimming, snorkeling, paddleboarding, kayaking and, in the winter, when the swells come in, surfing at the north end of the Bay. Alaeloa's prime location in Napili makes it an excellent base for exploring Maui. Nearby Napili Bay is one of Maui's most loved beaches. Known for its crescent-shaped beach, it is anchored by the popular Sea House and Gazebo Restaurants. Further North is the Kapalua Resort, which is home to the Bay and Plantation Golf Courses, the Kapalua Tennis Gardens, five beaches, hiking and walking trails, and The Montage Kapalua Bay and Ritz-Carlton Resorts. Alaeloa is a leasehold property. Read More about Leasehold Ownership Snapshot: The Alaeloa Real Estate Market Status Unit List Sold Date Beds Baths Sq. Ft. DOM $/SQFT MLS Tenure ACT 38 $1,450,000 3 2 1,276 0 $1,136 399432 Leasehold ACT 41 $1,550,000 2 2 1,347 146 $1,151 398241 Leasehold SLD 27 $3,195,000 $3,195,000 1/26/22 3 2.5 1,528 25 $2,091 394216 Leasehold SLD 3 $1,275,000 $1,325,000 1/27/22 2 2 1,128 164 $1,175 392670 Leasehold SLD 23 $2,900,000 $2,900,000 2/15/22 3 2 1,276 37 $2,273 394780 Leasehold SLD 30 $2,985,000 $2,965,000 2/15/22 3 2 1,400 29 $2,118 394383 Leasehold SLD 15 $2,100,000 $1,935,000 2/28/22 2 2 1,410 53 $1,372 394270 Leasehold SLD 42 $1,795,000 $1,800,000 3/30/22 2 2 1,400 33 $1,286 394884 Leasehold SLD 29 $2,800,000 $2,800,000 4/21/22 2 2 1,368 51 $2,047 395532 Leasehold SLD 40 $1,495,000 $1,350,000 6/13/22 2 3 1,352 105 $999 394924 Leasehold SLD 37 $1,600,000 $1,600,000 1/25/23 2 2 1,276 41 $1,254 397965 Leasehold SLD 40 $1,599,000 $1,550,000 4/14/23 3 3 1,352 122 $1,146 397607 Leasehold SLD 45 $1,650,000 $1,400,000 6/30/23 2 2 1,276 129 $1,097 398187 Leasehold Average Sales Price Average Sales Price/Square Foot MLS data taken as of the date of this post and is subject to change. View all condos for sale in Alaeloa

Kapalua Resort: Residential & Vacant Land Update Q2 | 2023

cb@luxuryrealestatemaui.com (Courtney M. Brown) — Sat, 22 Jul 2023 13:17:00 -1000

KAPALUA MARKET UPDATE: Second Quarter 2023 The view from 330 Cook Pine Drive in Pineapple Hill, Kapalua KAPALUA RESIDENTIAL & VACANT LAND MARKET UPDATE Kapalua's Residential Communities Kapalua is comprised of several distinct communities, yet all flow together due to strong architectural and design guidelines: Pineapple Hill & Pineapple Hill Estates, Mahana Estates, Honolua Ridge, Plantation Estates Phases I and II, and Kapalua Place. There are also three homes on oceanfront points within the Resort that aren't a part of a formal subdivision. In the first two quarters of 2023, there were five home sales: Address Sold Date Beds Baths Sq. Ft. Acres DOM $/Sq. Ft. Subdivision MLS 708 Fairway $4,150,000 1/5/23 3 3.5 3,400 0.20 69 $1,221 Pineapple Hill 397252 222 Crestview $5,775,000 1/6/23 4 4.5 4,265 0.48 153 $1,354 Pineapple Hill Estates 396647 116 Pulelehua $4,300,000 5/12/23 4 4.5 4,081 0.47 250 $1,054 Pineapple Hill Estates 396881 205 Plantation Club $7,680,000 6/15/23 5 5.5 6,068 3.29 42 $1,267 Plantation Estates 398796 708 Fairway $4,400,000 6/27/23 3 3.5 3,238 0.20 43 $1,359 Pineapple Hill 398877 KAPALUA HOME SALES BY COMMUNITY: Q2 | 2023 and a 5 Year Overview PINEAPPLE HILL & PINEAPPLE HILL ESTATES View Pineapple Hill & Pineapple Hill Estates Homes for sale Pineapple Hill Homes Q2 2023 2022 2021 2020 2019 2018 Number of Sales 4 7 15 10 15 4 Volume $18,625,000 $35,575,000 $46,012,500 $27,187,000 $35,834,020 $9,550,000 Low SP $4,150,000 $2,750,000 $2,062,500 $1,600,000 $1,489,020 $1,970,000 High SP $5,775,000 $7,900,000 $4,850,000 $3,750,000 $3,200,000 $2,680,000 Median SP $4,350,000 $4,825,000 $2,700,000 $2,625,000 $2,300,000 $2,450,000 Average SP $4,656,250 $5,082,142 $3,067,500 $2,718,700 $2,388,935 $2,387,500 Average SP/Sq. Ft. $1,247 $1,023 $768 $696 $692 $588 Average DOM 129 134 160 137 262 325 Average SP/LP 93 96 95 95 94 92 PLANTATION ESTATES AT KAPALUA HOMES View Plantation Estates Homes for Sale Plantation Estates Homes Q2 2023 2022 2021 2020 2019 2018 Number of Sales 1 4 6 3 1 1 Volume $7,680,000 $24,225,000 $32,635,000 $13,850,000 $6,000,000 $3,000,500 Low SP $7,680,000 $5,425,000 $4,025,000 $3,750,000 $6,000,000 $3,000,500 High SP $7,680,000 $7,500,000 $10,100,000 $5,650,000 $6,000,000 $3,000,500 Median SP $7,680,000 $5,650,000 $4,490,000 $4,490,000 $6,000,000 $3,000,500 Average SP $7,680,000 $6,056,250 $5,439,167 $4,616,667 $6,000,000 $3,000,500 Average SP/Sq. Ft. $1,266 $920 $933 $1,006 $972 $463 Average DOM 42 306 258 70 215 372 Average SP/LP 97 96 93 92 81 83 HONOLUA RIDGE HOMES View Honolua Ridge Homes for sale Honolua Ridge Homes Q2 2023 2022 2021 2020 2019 2018 Number of Sales 0 1 4 1 2 2 Volume 0 $5,300,000 $25,500,000 $3,850,000 $6,120,000 $6,393,250 Low SP NA $5,300,000 $5,000,000 $3,850,000 $2,850,000 $3,000,000 High SP NA $5,300,000 $8,700,000 $3,850,000 $3,270,000 $3,393,250 Median SP NA $5,300,000 $5,900,000 $3,850,000 $3,060,000 $3,196,625 Average SP NA $5,300,000 $6,375,000 $3,850,000 $3,060,000 $3,196,625 Average SP/Sq. Ft. NA $1,493 $1,175 $1,306 $750 $811 Average DOM NA 95 276 40 352 168 Average SP/LP NA 97 94 91 89 90 MAHANA ESTATES HOMES View Mahana Estates Homes Mahana Estates Homes Q2 2023 2022 2021 2020 2019 2018 Number of Sales 0 2 1 1 0 0 Volume $0 $9,600,000 $5,250,000 $6,400,000 $0 $0 Low SP NA $4,750,000 $5,250,000 $6,400,000 NA NA High SP NA $4,850,000 $5,250,000 $6,400,000 NA NA Median SP NA $4,800,000 $5,250,000 $6,400,000 NA NA Average SP NA $4,800,000 $5,250,000 $6,400,000 NA NA Average SP/Sq. Ft. NA $1,617 $1,229 $1,098 NA NA Average DOM NA 224 52 88 NA NA Average SP/LP NA 100 99 77 NA NA KAPALUA PLACE & OCEANFRONT HOMES There is just one remaining oceanfront lot in Kapalua, which sold in 2020 for $8,000,000 and $108/sq. ft. It will likely soon be developed. View Kapalua Place and Kapalua Oceanfront homes for sale Oceanfront Homes Q2 2023 2022 2021 2020 2019 2018 Number of Sales 0 0 3 2 0 1 Volume 0 0 $34,800,000 $39,500,000 0 $12,000,000 Low SP NA NA $8,700,000 $15,500,000 NA $12,000,000 High SP NA NA $15,000,000 $24,000,000 NA $12,000,000 Median SP NA NA $11,100,000 $19,750,000 NA $12,000,000 Average SP NA NA $11,600,000 $19,750,000 NA $12,000,000 Average SP/Sq. Ft. NA NA $1,809 $3,975 NA $1,605 Average DOM NA NA 489 425 NA 833 Average SP/LP NA NA 93 79 NA 80 KAPALUA LAND SALES In the first quarter of 2023, there was just one lot sales to report in the Kapalua Resort, a two acre lot in the Plantation Estates sold for $1,525,000. Pineapple Hill & Pineapple Hill Estates Land View Pineapple Hill & Pineapple Hill Estates Land for Sale Pineapple Hill Land Q2 2023 2022 2021 2020 2019 2018 Number of Sales 0 5 2 1 0 0 Volume 0 $5,787,000 $2,500,000 $950,000 0 0 Low SP NA $879,000 $1,195,000 $950,000 NA NA High SP NA $1,500,000 $1,305,000 $950,000 NA NA Median SP NA $1,090,000 $1,090,000 $950,000 NA NA Average SP NA $1,157,400 $1,250,000 $950,000 NA NA Average SP/Sq. Ft. NA $101 $62 $87 NA NA Average DOM NA 204 143 314 NA NA Average SP/LP NA 100 100 90 NA NA Plantation Estates Land View Plantation Estates Land for Sale Plantation Estates Land Q2 2023 2022 2021 2020 2019 2018 Number of Sales 1 4 5 2 0 0 Volume 1 $7,545,000 $7,965,000 $1,700,000 0 0 Low SP $1,525,000 $845,000 $975,000 $800,000 NA NA High SP $1,525,000 $3,700,000 $2,600,000 $900,000 NA NA Median SP $1,525,000 $1,500,000 $1,400,000 $850,000 NA NA Average SP $1,525,000 $2,272,500 $1,593,000 $850,000 NA NA Average SP/Sq. Ft. $17 $18 $15 $9 NA NA Average DOM 409 407 226 53 NA NA Average SP/LP 76 88 97 81 NA NA Mahana Estates Land View Mahana Estates Land for Sale Mahana Estates Land Q2 2023 2022 2021 2020 2019 2018 Number of Sales 0 5 42 3 2 0 Volume 0 $7,670,000 $41,425,000 $2,425,000 $3,150,000 0 Low SP NA $1,200,000 $700,000 $800,000 $1,300,000 NA High SP NA $1,945,000 $2,150,000 $825,000 $1,850,000 NA Median SP NA $1,400,000 $852,500 $800,000 $1,575,000 NA Average SP NA $1,534,000 $986,548 $808,333 $1,575,000 NA Average SP/Sq. Ft. NA $29 $17 $12 $23 NA Average DOM NA 119 163 157 60 NA Average SP/LP NA 96 94 95 100 NA Honolua Ridge Land View Honolua Ridge Land for Sale Honolua Ridge Land Q2 2023 2022 2021 2020 2019 2018 Number of Sales 0 6 9 1 0 0 Volume 0 $11,837,500 $13,365,000 $850,000 0 0 Low SP NA $1,163,000 $805,000 $850,000 NA NA High SP NA $2,795,000 $2,000,000 $850,000 NA NA Median SP NA $1,962,500 $1,300,000 $850,000 NA NA Average SP NA $1,972,917 $1,485,000 $850,000 NA NA Average SP/Sq. Ft. NA $7 $7 $5 NA NA Average DOM NA 133 227 360 NA NA Average SP/LP NA 97 92 95 NA NA If you are thinking of buying or selling in Kapalua, please contact Courtney M. Brown for more detailed information on the market at each of these Kapalua communities. Kapalua Homes for Sale Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. Interested parties are advised to do their own due diligence and confirm all figures contained herein. This blog was updated on 7/28/23 and the interactive charts from the MLS were changed from rolling year of data to rolling 6 months.

Kapalua Condo Market Update Q2 | 2023

cb@luxuryrealestatemaui.com (Courtney M. Brown) — Mon, 17 Jul 2023 11:59:00 -1000

KAPALUA MARKET UPDATE: Activity through Q2 | 2023 Kapalua Condominiums: Market Update through Q2 | 2023 The Kapalua Resort is home to several different condominium communities, with offerings ranging from one to four-bedroom condominiums. The Kapalua Bay Villas, Kapalua Ironwoods, The Coconut Grove on Kapalua Bay, the Montage Residences Kapalua Bay and the Ritz-Carlton Kapalua Residences are all oceanfront properties nestled along the Kapalua Resort's spectacular shoreline. The Kapalua Ridge Villas and Kapalua Golf Villas both are located on the Kapalua Bay Course with ocean and golf course views. Kapalua Resort Condo Market* KAPALUA RESORT CONDOS Q2 2023 2022 2021 2020 2019 2018 Number of Sales 15 62 145 40 61 45 Volume $39,474,000 $145,775,500 $298,816,781 $68,617,500 $124,027,800 $92,832,112 Low Sales Price $1,250,000 $940,000 $600,000 $600,000 $595,000 $575,000 High Sales Price $8,200,000 $8,000,000 $13,295,000 $4,200,000 $7,950,000 $8,950,000 Median $1,695,000 $1,455,000 $1,220,000 $1,162,500 $1,050,000 $1,031,250 Average SP $2,631,600 $2,351,218 $2,060,805 $1,715,438 $2,033,242 $2,062,935 Average SP/Sq. Ft. $1,645 $1,470 $1,154 $1,000 $1,028 $1,026 Average DOM 201 96 177 165 213 209 Average SP/LP 98 99 97 94 96 97 *Does not include Napili Kai (Puna) Condos, Pailolo Place Condos, Montage Fractionals, or the Ironwoods fractional sale in 2022 Key Stats by Community How does the market through the middle of 2023 stack up for each community when compared with prior years? Coconut Grove on Kapalua Bay View Coconut Grove Kapalua Condos for sale Coconut Grove Q2 2023 2022 2021 2020 2019 2018 Sales 0 2 6 0 0 0 Volume 0 $10,990,000 29,000,000 0 0 0 Low SP NA $5,300,000 3,700,000 NA NA NA High SP NA $5,690,000 6,250,000 NA NA NA Median SP NA $5,495,000 $4,750,000 NA NA NA Average SP NA $5,495,000 4,833,333 NA NA NA Average SP/Sq. Ft NA $2,240 1,883 NA NA NA Average DOM NA 67 154 NA NA NA Average SP/LP NA 93 97 NA NA NA At the time of this post, there is just one listing and no pending sales or sales YTD: Status Building Name Unit List Price Beds Baths Sq. Ft. DOM $/Sq. Ft. ACT Coconut Grove F24 $6,750,000 3 3.5 2,783 237 $2,425 In 2022, there were just two sales at Coconut Grove. The low sale was significantly higher than in 2021. The reason for this is that all sales in 2022 were oceanfront, while in 2021 there was a second-row sale. Note: in 2021 and 2022 combined there were 8 sales, which represents 22 of the inventory to change to new ownership. Kapalua Ironwoods* View Kapalua Ironwoods Condos for Sale Kapalua Ironwoods Q2 2023 2022 2021 2020 2019 2018 Sales 0 4 5 4 1 1 Volume 0 $16,750,000 $17,020,000 $12,050,000 $2,300,000 $3,000,000 Low SP NA $2,300,000 $1,500,000 $1,150,000 $2,300,000 $3,000,000 High SP NA $6,250,000 $4,150,000 $4,200,000 $2,300,000 $3,000,000 Median SP NA $4,100,000 $4,020,000 $3,350,000 $2,300,000 $3,000,000 Average SP NA $4,187,500 $3,404,000 $3,012,500 $2,300,000 $3,000,000 Average SP/Sq. Ft NA $1,729 $1,634 $1,412 $1,065 $1,391 Average DOM NA 149 320 124 671 204 Average SP/LP NA 95 92 88 93 92 *Note Ironwoods 102 was purchased by Pacaso and has been sold off in 1/4 interests. Those fractional interest sales are not accounted for in the above figures, but are reflected in the graph below. Since 2020 about 30 of the residences at the Ironwoods changed hands. At the time of this post, there is just one listing: Status Building Name Unit List Price Beds Baths Sq. Ft. DOM $/Sq. Ft. MLS ACT Kapalua Ironwoods 62 $4,350,000 2 3 2,032 197 $2,141 397779 There have been no pending sales or sales YTD in 2023. In 2022, the average sales price was buoyed by a record sale of a renovated oceanfront residence. The number of sales matched those in 2020. Kapalua Bay Villas View Kapalua Bay Villas Condos for Sale Kapalua Bay Villas Q2 2023 2022 2021 2020 2019 2018 Sales 4 10 30 7 14 7 Volume $6,494,000 $17,764,000 $41,089,500 $7,538,000 $15,032,500 $7,621,250 Low SP $1,399,000 $1,300,000 $755,000 $675,000 $800,000 $800,000 High SP $1,900,000 $3,200,000 $2,900,000 $1,900,000 $1,485,000 $1,600,000 Median SP $1,597,500 $1,437,500 $1,237,000 $1,000,000 $1,062,500 $1,031,250 Average SP $1,623,500 $1,776,400 $1,369,650 $1,076,857 $1,073,750 $1,088,750 Average SP/Sq. Ft $1,548 $1,496 $1,104 $876 $872 $872 Average DOM 159 68 232 149 287 258 Average SP/LP 99 100 97 92 93 95 At the time of this post, there is just one listing and there have been four sales YTD Status Building Name Unit List Price Sold Price Close Date Beds Baths Sq. Ft. DOM $/Sq. Ft. MLS PNDS Kapalua Bay Villas 32B3 $1,750,000 1 1.5 995 20 $1,759 399242 SLD Kapalua Bay Villas 17B3 $1,695,000 $1,695,000 3/15/23 1 2 995 58 $1,704 397877 SLD Kapalua Bay Villas 37G-1 $1,399,000 $1,399,000 4/11/23 1 2 1,119 263 $1,250 396509 SLD Kapalua Bay Villas 35B2 $1,950,000 $1,900,000 4/14/23 1 2 1,087 60 $1,748 398133 SLD Kapalua Bay Villas 17G4 $1,500,000 $1,500,000 6/2/23 1 1 1,006 253 $1,491 396995 In 2022, the Bay Villas also saw a record-high sale of an oceanfront villa. This also served to increase the average sales price. That said, the number of sales was much closer to 2020 figures. Kapalua Golf Villas View Kapalua Golf Villas Condos for Sale Kapalua Golf Villas Q2 2023 2022 2021 2020 2019 2018 Sales 4 21 44 9 9 13 Volume $5,905,000 $27,773,500 $42,071,750 $7,441,500 $14,446,603 $10,645,400 Low SP $1,250,000 $940,000 $600,000 $600,000 $595,000 $575,000 High SP $1,675,000 $1,949,000 $1,400,000 $1,200,000 $1,010,000 $1,200,000 Median SP $1,490,000.00 $1,215,000.00 $944,000 $745,000 $785,000 849,000 Average SP $1,476,250 $1,332,548 $956,176 $826,833 $802,572 $818,877 Average SP/Sq. Ft $1,428 $1,205 $856 $749 $677 $678 Average DOM 135 81 122 124 165 155 Average SP/LP 99 100 99 94 97 98 At the time of this post, there are two active listings and three pending sales. There have been four sales YTD. Status Building Name Unit List Price Sold Price Close Date Beds Baths Sq. Ft. DOM $/Sq. Ft. MLS ACT Kapalua Golf Villas 19T4-5 $1,385,000 1 2 972 173 $1,424.90 397970 ACT Kapalua Golf Villas 25-T6&7 $1,895,000 2 2 1,344 129 $1,409.97 398330 PNDS Kapalua Golf Villas 18T3-4 $1,265,000 1 2 972 16 $1,301.44 399279 PNDS Kapalua Golf Villas 27P7-8 $1,895,000 2 2 1,344 89 $1,409.97 398662 PNDNS Kapalua Golf Villas 15P5&6 $1,625,000 2 2 1,344 194 $1,209.08 397798 SLD Kapalua Golf Villas 25 P3-4 $1,700,000 $1,675,000 2/3/23 2 2 1,344 171 $1,246.28 396733 SLD Kapalua Golf Villas 21T1-2 $1,385,000 $1,385,000 2/17/23 1 2 972 112 $1,424.90 397242 SLD Kapalua Golf Villas 17T8 $1,285,000 $1,250,000 4/21/23 1 2 987 186 $1,266.46 397171 SLD Kapalua Golf Villas 23V2 $1,595,000 $1,595,000 6/30/23 1 2 899 72 $1,774.19 398654 Kapalua Ridge Villas View Kapalua Ridge Villas Condos for sale Kapalua Ridge Villas Q2 2023 2022 2021 2020 2019 2018 Sales 2 11 28 8 6 6 Volume $3,975,000 $15,554,000 $31,301,998 $8,776,500 $4,904,000 $6,090,500 Low SP $1,750,000 $1,250,000 $775,000 $650,000 $650,000 $849,000 High SP $2,225,000 $1,900,000 $1,700,000 $1,487,500 $1,100,000 $1,500,000 Median SP $1,987,500 $1,375,000 $1,097,000 $1,135,000 $780,000 $920,750 Average SP $1,987,500 $1,414,000 $1,117,929 $1,097,063 $817,333 $1,015,083 Average SP/Sq. Ft $1,124 $1,179 $813 $701 $653 $737 Average DOM 51 65 165 222 263 215 Average SP/LP 99 100 97 96 98 97 At the time of this post, there are two active listings and two pending sales at The Ridge. There have been two sales YTD. Status Building Name Unit List Price Sold Price Close Date Beds Baths Sq. Ft. DOM $/Sq. Ft. ACT Kapalua Ridge 2122 $1,495,000 1 2 1,150 56 $1,300 ACT Kapalua Ridge 1512 $1,500,000 1 2 1,125 35 $1,333 PNDS Kapalua Ridge 724 $1,389,000 1 2 1,125 67 $1,235 PNDS Kapalua Ridge 1611-13 $1,950,000 2 3 1,778 129 $1,097 SLD Kapalua Ridge 1223-24 $1,750,000 $1,750,000 2/1/23 2 3 1,756 65 $997 SLD Kapalua Ridge 2911-13 $2,250,000 $2,225,000 3/22/23 2 3 1,778 37 $1,251 In 2022, similar to other properties, the available inventory at the Ridge Villas was quite limited. The sale of a two bedroom villa set a record high of $1,900,000. Montage Residences Kapalua Bay View Montage Residences Kapalua Bay Condos for Sale Montage Kapalua Bay Q2 2023 2022 2021 2020 2019 2018 Sales 4 10 27 9 21 12 Volume $21,550,000 $49,605,000 $128,678,533 $28,939,000 $86,445,000 $58,780,074 Low SP $3,650,000 $3,000,000 $2,695,000 $2,750,000 $2,400,000 $3,495,000 High SP $8,200,000 $8,000,000 $13,295,000 $4,159,000 $7,950,000 $8,950,000 Median SP $4,850,000 $4,600,000 $4,145,000 $2,995,000 $3,595,000 $4,422,500 Average SP $5,387,500 $4,960,500 $4,765,872 $3,215,444 $4,116,429 $4,898,340 Average SP/Sq. Ft $2,074 $2,027 $1,742 $1,407 $1,556 $1,572 Average DOM 513 151 152 170 173 230 Average SP/LP 97 97 98 99 97 100 At the time of this post, there are three active listings and no pending sales at the Montage Kapalua Bay. There have been four sales YTD. Status Building Name Unit List Price Sold Price Close Date Beds Baths Sq. Ft. DOM $/Sq. Ft. MLS ACT Montage Residences Kapalua Bay 4201 $4,750,000 3 3.5 2,065 5 $2,300 399361 ACT Montage Residences Kapalua Bay 1204 $8,195,000 3 3.5 2,789 167 $2,938 398325 ACT Montage Residences Kapalua Bay 1103 $12,500,000 3 3.5 2,904 71 $4,304 398817 SLD Montage Residences Kapalua Bay 2206 $3,800,000 $3,650,000 2/21/23 3 3.5 2,904 974 $1,257 387459 SLD Montage Residences Kapalua Bay 4503 $4,595,000 $4,450,000 5/1/23 3 3.5 2,079 201 $2,140 397124 SLD Montage Residences Kapalua Bay 1203 $8,795,000 $8,200,000 6/13/23 3 3.5 2,904 363 $2,824 396141 SLD Montage Residences Kapalua Bay 3501 $5,250,000 $5,250,000 6/14/23 3 3.5 2,065 40 $2,542 398797 While the record high sale was in 2021, the average sales price did increase at Montage as did the average sales price/sq. ft. It is noteworthy that the high sale in 2021 was a four bedroom residence. With only eight ever built, these seldom come up, but when they do sell, they command a high price that does impact the average sales price and price per sq. ft. as they are directly oceanfront residences that often command a higher price. The number of sales was similar to 2020, but the volume was significantly higher. Ritz-Carlton Kapalua Residences View Ritz-Carlton Residences Kapalua Condos for Sale Ritz-Carlton Residences Q2 2023 2022 2021 2020 2019 2018 Sales 1 4 5 3 1 6 Volume $1,550,000 $7,429,000 $9,655,000 $3,872,500 $900,000 $6,694,888 Low SP $1,550,000 $990,000 $945,000 $735,000 $900,000 $830,000 High SP $1,550,000 $2,800,000 $2,800,000 $2,300,000 $900,000 $1,400,000 Median SP $1,550,000 $1,820,000 $1,800,000 $837,500 $900,000 $1,082,444 Average SP $1,550,000 $1,857,250 $1,931,000 $1,290,833 $900,000 $1,115,815 Average SP/Sq. Ft $1,765 $1,557 $1,446 $1,065 $1,034 $1,093 Average DOM 162 161 448 216 203 207 Average SP/LP 92 102 97 88 92 90 At the time of this post, there are four active listings at the Ritz-Carlton, Kapalua. YTD there has been one sale. Status Building Name Unit List Price Sold Price Close Date Beds Baths Sq. Ft. DOM $/Sq. Ft. MLS ACT The Ritz Carlton Residences 1601 $1,685,000 1 1 872 118 $1,932.34 398419 ACT The Ritz Carlton Residences 1614-1616 $3,650,000 2 2 1,333 107 $2,738.18 398516 ACT The Ritz Carlton Residences 1226-1228 $3,675,000 2 2 1,477 243 $2,488.15 397394 ACT The Ritz Carlton Residences 1626 $8,900,000 2 2.5 2,558 16 $3,479.28 399288 SLD The Ritz Carlton Residences 1712 $1,680,000 $1,550,000 4/5/23 1 1 878 162 $1,765.38 397227 The Ritz-Carlton Kapalua also saw an increase in the average sales price/sq. ft. with an increase in the sales price to list price ratio as well in 2022. If you are thinking of buying or selling in Kapalua, please contact Courtney M. Brown for more detailed information on the market at each of these Kapalua communities, Kapalua Condos for Sale Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. Interested parties are advised to do their own due diligence and confirm all figures contained herein. *Kapalua Resort data contained in the search is pulled from the Maui MLS using a map search which is outlined to include condominiums in the Kapalua Resort. It does not include condominium data for the condominiums at Napili Kai or Pailolo Place which fall within the MLS District of Kapalua but are not part of the Kapalua Resort. Stats on other sites may pull different data if not excluding these areas. This blog was updated on 7/28/23 and the interactive charts from the MLS were changed from rolling year of data to rolling 6 months.