Introducing 322 Cook Pine: Home Site in Pineapple Hill, Kapalua

Posted by Courtney M. Brown on Tuesday, September 6th, 2022 at 1:25pm.

Introducing 322 Cook Pine, one of the last remaining undeveloped lots in Pineapple Hill

Pineapple Hill lot for sale

An aerial overlooking 322 Cook Pine Drive, Pineapple Hill, Kapalua

Pineapple Hill vacant lot for sale

The views are focused toward the channel between Molokai and Lanai, framing Maui's spectacular sunsets

This is a rare offering of one of the last undeveloped home sites in Pineapple Hill phase I. The Design Guidelines for Pineapple Hill require the owner utilize one of six approved floor plans for the lots, which may be modified.  However, it should be noted that the foot print must be maintained and any changes must be approved by the Architectural and Design Review Committee. 

Pineapple Hill is one of Kapalua's most popular residential communities.  A gated enclave developed in two sections, Pineapple Hill (phase I) Pineapple Hill Estates (phase II).  The first phase of Pineapple Hill are smaller homesites (typically around a quarter of an acre), whereas the homes in Pineapple HIll Estates are on larger lots (approximately a half acre). 

Loved for its location in the heart of the Kapalua Resort, Pineapple Hill is close to restaurants, beaches, and golf, as well as the restaurants and offerings at the Ritz-Carlton, Kapalua and Montage Kapalua Bay hotels. Amenities include tennis and pickleball courts, a pool, an owner’s pavilion, full-time resident manager, and roving resort security.

When the two phases are combined, there are 130 homesites, however, several owners in the first phase of Pineapple Hill built homes on double lots, and one, which sold in 2021, was built on three lots.  There are only five lots in phase I and only three lots in phase II that have not yet been developed.

The Market at Pineapple Hill

At the time of this post, there are just three homes listed for sale in Pineapple Hill and Pineapple Hill Estates, with asking prices ranging from $4,995,000 to $6,495,000. 

Year to date we have had half the sales of 2021 at the beginning of the third quarter, however, the average sales price is significantly higher.  This is due, in part, to the closing of two custom homes that were built on double lots in Phase I.  314 Cook Pine and 1216 Summer, each closed at $7,900,000, thus raising the average sales price significantly.

In vacant land, there are three lots listed for sale, two are located in phase I another in Pineapple Hill Estates.  Year to date, five lots have sold and all are located in phase I, with lot sizes ranging from .23 to .36 acres.  624 Silversword, a fantastic view lot in phase I, closed at a record high $1,500,000.  This is compared with two lots selling in 2021, which were both larger home sites (.45-.48 acres) located in Pineapple Hill Estates (phase II), which commanded higher prices, so the average sales price was higher last year.

Current Home and Land Listings

Type Status Address Original Price L Price Beds Baths Sq. Ft. Acres $/Sq. Ft. DOM MLS #
Vacant Land ACT 322 Cook Pine Dr $1,075,000 $1,075,000       0.23 $109 5 396852
Vacant Land ACT 1010 Sunset Pl $1,100,000 $1,100,000       0.26 $97 67 396358
Vacant Land ACT 103 Pulelehua St $1,895,000 $1,895,000       0.48 $92 78 396196
Single Family ACT 1000 Sunset Pl $4,550,000 $4,550,000 4 4.5 3,386 0.31 $1,344 1 396884
Single Family ACT 116 Pulelehua St $4,995,000 $4,995,000 4 4.5 4,081 0.47 $1,224 2 396881
Single Family ACT 222 Crestview Rd $6,495,000 $6,495,000 4 4.5 4,265 0.48 $1,523 31 396647

Pineapple Hill Home Sales: A 5 year historical perspective

HOMES SOLD 9.6.2022 2021 2020 2019 2018 2017
Number of Sales 7 15 10  15 4 6
Volume $35,575,000 $46,012,500 $27,187,000 $35,834,020 $9,550,000 $15,145,000
Low Sales Price $2,750,000 $2,062,500 $1,600,000 $1,489,020 $1,970,000 $1,750,000
High Sales Price $7,900,000 $4,850,000 $3,750,000 $3,200,000 $2,680,000 $3,550,000
Average SP $5,082,142 $3,067,500 $2,718,700 $2,388,935 $2,387,500 $2,524,167
Average SP/Sq. ft. $1,023 $768 $696  $692 $588 $680
Average DOM 134 160 137  262 325 219
Average SP/LP 93% 95% 95% 94% 92% 93%

Pineapple Hill Land Sales: A 5 year historical perspective

LAND SOLD 9.6.2022 2021 2020 2019 2018 2017
Number of Sales 5 2 1 0 0 0
Low Sales Price $879,000 $1,195,000 $950,000 NA NA NA
High Sales Price $1,500,000 $1,305,000 $950,000 NA NA NA
Average Sales Price $1,157,400 $1,250,000 $950,000 NA NA NA
Average SP/Sq. ft. $101 $62 $87 NA NA NA
Average DOM 203 143 314 NA NA NA
Average SP/LP 100% 100% 90% NA NA NA

For more information on Pineapple Hill and other residential offerings in the Kapalua Resort, please contact Courtney M. Brown, R(S)

Pineapple Hill & Pineapple Hill Estates Homes for Sale

6 Properties Found. Page 1 of 1

From The Moment You Enter This Home, Across A B...

Photo of Listing #396647

$6,495,000 Active Fee Simple

  • 4 Beds
  • Baths
  • 0.48 Acres
  • 4,265 ft²

Residential

222 Crestview Rd, Kapalua, Hawaii

MLS® #396647

Listed By: Island Sotheby's Int'l Rlty(L)

From The Moment You Enter This Home, Across A Bridge Through A Tropically Landscaped Courtyard, The Views Of The Pacific Ocean And The Outer Island Of Molokai Begin To Unfold. The Great Room Features Soaring Ceilings And A Seamless Indoor/outdoor Flow With...

116 Pulelehua Street Is Perfectly Situated Behi...

Photo of Listing #396881

$4,995,000 Active Fee Simple

  • 4 Beds
  • Baths
  • 0.47 Acres
  • 4,081 ft²

Residential

116 Pulelehua St 1, Kapalua, Hawaii

MLS® #396881

Listed By: Keller Williams Realty Maui-L

116 Pulelehua Street Is Perfectly Situated Behind The 7th Tee Box Of The Popular Kapalua Bay Course With The Classic Westerly Orientation Down The 6th Fairway To Molokai And The Magical Kapalua Sunsets. Built In 2003, The Ideal Single-story, Dual-master Sui...

This Beautiful 4bd Home Sits On A Corner And Th...

Photo of Listing #396884

$4,550,000 Active Fee Simple

  • 4 Beds
  • Baths
  • 0.31 Acres
  • 3,386 ft²

Residential

1000 Sunset Pl, Kapalua, Hawaii

MLS® #396884

Listed By: Coldwell Banker Island Prop-KP

This Beautiful 4bd Home Sits On A Corner And Thus On A Larger Lot Than Most Homes In The Pineapple Hill Subdivision. Various Upgrades Have Been Done Over The Years, Including A Complete Remodel Of The Kitchen (cabinetry, Appliances, Added A Wine Cooler) In ...

Lot 17 In Pineapple Hill Estates Is One Of The ...

Photo of Listing #396196

$1,895,000 Active Fee Simple

  • 0.48 Acres
  • 20,691 ft²

Vacant Land

103 Pulelehua St 17, Kapalua, Hawaii

MLS® #396196

Listed By: Keller Williams Realty Maui-L

Lot 17 In Pineapple Hill Estates Is One Of The Last Remaining Premium Building Sites In Kapalua With Epic Ocean Views Over The Bay Course To The Outer Islands Of Lanai And Molokai. With The Perfect West Facing Orientation You Will Have A Front Row Seat To E...

Very Unique "l" Shaped Lot With Lots Of Privacy...

Photo of Listing #396358

$1,100,000 Active Fee Simple

  • 0.26 Acres
  • 11,326 ft²

Vacant Land

1010 Sunset Pl, Kapalua, Hawaii

MLS® #396358

Listed By: Coldwell Banker Island Prop-KP

Very Unique "l" Shaped Lot With Lots Of Privacy From The Street. Beautiful Ocean, Sunset, Lanai, And Molokai Views. Located Within The Gates Of Pineapple Hill At Kapalua, Maui's Premier Upscale Resort With Its 2 Championship Golf Courses, The 5 Star Ritz ...

This Is A Rare Offering Of One Of The Last Unde...

Photo of Listing #396852

$1,075,000 Active Fee Simple

  • 0.23 Acres
  • 9,897 ft²

Vacant Land

322 Cook Pine Dr 81, Kapalua, Hawaii

MLS® #396852

Listed By: Island Sotheby's Int'l Rlty(L)

This Is A Rare Offering Of One Of The Last Undeveloped Home Sites In Pineapple Hill. Enjoy Spectacular Ocean And Outer Island Views, Which Frame Maui's Spectacular Sunsets. Pineapple Hill Is A Popular Neighborhood Loved For Its Location In The Heart Of Th...

Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty

 

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