Introducing Napili Point C-39
Posted by Courtney M. Brown on Friday, April 16th, 2021 at 4:11pm.
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: 5
There are 4 one bedroom listings ranging from $759,000 to $995,000. There is 1 two bedroom listing at $1,200,000.
Pending Sales: 4
There 2 one bedroom units and 2 two bedroom units pending sale.
Sales (2020): 5
Sales (2021): 3
When 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.
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For more information on this property, contact Courtney Brown
Napili Point Condos for Sale
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Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty