Montage Residences at Kapalua Bay: Market Overview and New Listing

Posted by Courtney Brown on Monday, February 19th, 2018 at 9:27pm.

Montage Residences Kapalua Bay: Market Overview and New Listing!

Montage Residences 4402The from Residence #4402, a corner lanai facing South West is ideal to take in Maui's sunsets

Now offered - Residences at Kapalua Bay #4402, Interval #1 the most desirable holiday weeks (December/January) at the Montage at Kapalua Bay. Enjoy spectacular winter sunsets, ocean views, and indulge your passion for luxury as an owner at this premier five-star resort. Walk to the beach at Kapalua Bay, lounge by the pool, experience fine dining, or play on the famous Plantation and Bay courses.

Enjoy ocean views from the spacious corner lanai, as well as the living room and both bedroom suites.  This is a deeded one-twelfth fractional ownership with 21 guaranteed days each year and additional days on a per diem/space available basis. In addition to the two fixed December-January weeks, there is an additional floating week with dates ranging from late August to mid-October.

Whole ownership offerings at the Montage Residences Kapalua Bay currently range from $3,200,000 to $6,450,000.  Fractional interests range from $99,900 to $549,000. Read More on both markets below.

Montage Residences Kapalua Bay for Sale   Montage Residences Kapalua Bay for Sale   Montage Residences Kapalua Bay for Sale

The Living Room, Dining Area, Kitchen, and both Bedroom Suites feature sweeping ocean views.

Residences at Kapalua Bay Fractional Ownership (1/12th Ownership)

The Residences at Kapalua Bay's fractional component is comprised of 177 fractional interests in two and three bedroom condominiums that are 1/12th deeded ownership.  There are two types of fractions--intervals 1-24 offer two consecutive weeks and one floating week during the opposite season. Intervals 25-36 offer three consecutive weeks.

Value is reflected in several factors: the size of the Residence (two or three bedrooms); location; view; and interval period, which is why you will see a wide range of asking and sales prices.  While the property is not part of an exchange program, owners may contract with Montage Hotels to rent the residence if they aren't able to enjoy it themselves.

Quick Market Overview Active Listings:

View Current Residences at Kapalua Bay Fractional Offerings

Current Listings 34
Range $99,900 to $549,000
Average LP $289,026
Average LP/Sq. Ft. $151
Average DOM 179

Sales:

View Recent Fractional Residences Sales

Fractional Sales 2016 2017 % Change
Sales 3 8 +167%
Range $325,000 to $395,000 $111,000 to $345,000 NA
Average SP $320,000 $185,938 -42%
Average SP/Sq. Ft $170 $93 -45%
Average DOM 696 271 -61%

Montage Residences at Kapalua Bay (Whole Ownership Residences)

Comprised of 84 wholly owned three and four bedroom residences, these are some of the largest condominiums available in West Maui.

Since being rebranded the Montage Residence Kapalua Bay in 2014, sales at the property have soared.  As an overview, when sales at the property first launched in 2009, the market was at a downturn after it's 2007/2008 peak. The low for the Kapalua Resort real estate market took place after in 2012.  

To give you a better sense of how significantly the market has changed, between 2009-2011 there were 14 sales averaging approximately $3.83M, with a total sales volume of $53,747,552.  The foreclosure took place in 2011, and sales ceased while improvements were made property wide.

As of the date of this post, there have been 12 Residences to sell at the Montage Kapalua Bay, averaging $4.53M and a Year to Date volume of $54,388,000 with another $20,565,000 in pending sales in MLS.  This represents a dramatic 83% increase over 2016's total sales volume of $41,000,000. 

Quick Market Overview Active Listings:

View Current Listings of Montage Residences Kapalua Bay Condominiums

Current Listings 10
Range $3,200,000 to $6,540,000
Average LP $4,507,500
Average LP/Sq. Ft. $1590
Average DOM 182

Pending Sales

Current Listings 4
Volume $20,565,000
Range $3,565,000 to $7,750,000
Average LP $5,141,250
Average LP/Sq. Ft. $1598
Average DOM 93

Sales

View Montage Residences Kapalua Bay Recent Sales

Montage Residences Sales 2016 2017 % Change
Sales 9 12 +33%
Volume $41,000,000 $54,388,000 +33%
Range $3,125,000 to $8,650,000 $3,125,000 to $6,475,000 NA
Average SP $4,555,556 $4,532,333 -1%
Average SP/Sq. Ft $1516 $1582 -+3%
Average DOM 147 100 -32%

 

View Current Montage Residences for Sale:

 

13 Properties Found. Page 1 of 2

Welcome Home To Residence 2402. A Spectacular O...

Photo of Listing #383533

$5,495,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,904 ft²

Condominium

1 Bay Dr 2402, Kapalua, Hawaii

MLS® #383533

Listed By: Powerplay Destination Prop HI

Welcome Home To Residence 2402. A Spectacular Opportunity To Own A Luxury Residence Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay. Located Within The Renowned Kapalua Resort, Home To Two Championship Golf Courses, Miles ...

Absolute Elegance Is What Montage Has Become Kn...

Photo of Listing #382920

$6,650,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,904 ft²

Condominium

1 Bay Dr 2403, Kapalua, Hawaii

MLS® #382920

Listed By: Wailea Realty Corp.

Absolute Elegance Is What Montage Has Become Known For. With An Exceptional Location On The Pristine Kapalua Coast, This Luxurious And Spacious Property Has 3 Bedrooms & A Den. The Beautiful Hardwood Floors, Strikingly Exotic Granite, Lavish Bathrooms And ...

Montage Residences Kapalua Bay. A Truly One-of-...

Photo of Listing #382919

$4,495,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,904 ft²

Condominium

1 Bay Dr 5203, Kapalua, Hawaii

MLS® #382919

Listed By: Powerplay Destination Prop HI

Montage Residences Kapalua Bay. A Truly One-of-a-kind Opportunity To Own Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay, With Panoramic Ocean Views Framed By The Neighboring Islands Of Molokai And Lanai. Located Within Th...

Welcome Home To Residence 5501. A Truly One-of-...

Photo of Listing #382829

$5,695,000 Pending - Cont. To Show Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,904 ft²

Condominium

1 Bay Dr 5501, Kapalua, Hawaii

MLS® #382829

Listed By: Powerplay Destination Prop HI

Welcome Home To Residence 5501. A Truly One-of-a-kind Opportunity To Own A Premium Top Floor Penthouse Residence Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay. Residence 5501 Enjoys Panoramic Ocean Views Framed By The Ne...

Montage Residences Kapalua Bay. A Truly One-of-...

Photo of Listing #382700

$2,850,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,065 ft²

Condominium

1 Bay Dr 3203, Kapalua, Hawaii

MLS® #382700

Listed By: Powerplay Destination Prop HI

Montage Residences Kapalua Bay. A Truly One-of-a-kind Opportunity To Own Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay, With Panoramic Ocean Views Framed By The Neighboring Islands Of Molokai And Lanai. Located Within Th...

Montage Residences Kapalua Bay. A Truly One-of-...

Photo of Listing #382701

$3,150,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,065 ft²

Condominium

1 Bay Dr 3406, Kapalua, Hawaii

MLS® #382701

Listed By: Powerplay Destination Prop HI

Montage Residences Kapalua Bay. A Truly One-of-a-kind Opportunity To Own Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay, With Panoramic Ocean Views Framed By The Neighboring Islands Of Molokai And Lanai. Located Within Th...

Montage Residences Kapalua Bay. A Truly One-of-...

Photo of Listing #382703

$2,795,000 Pending - Cont. To Show Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,065 ft²

Condominium

1 Bay Dr 4201, Kapalua, Hawaii

MLS® #382703

Listed By: Powerplay Destination Prop HI

Montage Residences Kapalua Bay. A Truly One-of-a-kind Opportunity To Own Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay, With Panoramic Ocean Views Framed By The Neighboring Islands Of Molokai And Lanai. Located Within Th...

Montage Residences Kapalua Bay. A Truly One-of-...

Photo of Listing #382704

$2,995,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,087 ft²

Condominium

1 Bay Dr 4405, Kapalua, Hawaii

MLS® #382704

Listed By: Powerplay Destination Prop HI

Montage Residences Kapalua Bay. A Truly One-of-a-kind Opportunity To Own Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay, With Panoramic Ocean Views Framed By The Neighboring Islands Of Molokai And Lanai. Located Within Th...

Montage Residences Kapalua Bay. A Truly One-of-...

Photo of Listing #382707

$3,395,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,065 ft²

Condominium

1 Bay Dr 4503, Kapalua, Hawaii

MLS® #382707

Listed By: Powerplay Destination Prop HI

Montage Residences Kapalua Bay. A Truly One-of-a-kind Opportunity To Own Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay, With Panoramic Ocean Views Framed By The Neighboring Islands Of Molokai And Lanai. Located Within Th...

Awesome Turquoise Seas And Skies Of Maui Greet ...

Photo of Listing #381829

$4,900,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,904 ft²

Condominium

1 Bay Dr 5201, Kapalua, Hawaii

MLS® #381829

Listed By: Coldwell Banker Island Prop(S)

Awesome Turquoise Seas And Skies Of Maui Greet You From Lovely Residence. Featuring 3 Bedroom, 3.5 Bath With A Den! Tropical Ambiance At It's Finest. Lives Like A Home, With Over 3400 Sq Ft Under Roof Including The Covered Lanai, Where Your Indoor And Out...

Montage Residences Kapalua Bay. A Truly One-of-...

Photo of Listing #381634

$3,900,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,789 ft²

Condominium

1 Bay Dr 2404, Kapalua, Hawaii

MLS® #381634

Listed By: Powerplay Destination Prop HI

Montage Residences Kapalua Bay. A Truly One-of-a-kind Opportunity To Own Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay, With Panoramic Ocean Views Framed By The Neighboring Islands Of Molokai And Lanai. Located Within Th...

This Beautiful Montage Residence Is Located On ...

Photo of Listing #381721

$4,388,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,904 ft²

Condominium

1 Bay Dr 2302, Kapalua, Hawaii

MLS® #381721

Listed By: Maui Westside Properties

This Beautiful Montage Residence Is Located On The Quiet Side Of The Complex With Nice Ocean Views From The Lanai. This Large 2904 Sq Ft Floorpan Includes All Of The Standard Montage Amenities As Well As An Outdoor Bbq And Updated Lanai Furniture (not Show...

*Statistics above are at the time of this post per MLS.  Any interested party should do their own due diligence as the information is subject to change.

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

 

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