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:

 

9 Properties Found. Page 1 of 1

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

Photo of Listing #379846

$3,999,000 Active Fee Simple

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

Condominium

1 Bay Dr 5101, Kapalua, Hawaii

MLS® #379846

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...

A Rare Opportunity To Own The Most Attractively...

REDUCED 7% Photo of Listing #378741

$2,800,000 Active Fee Simple

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

Condominium

1 Bay Dr 2206, Kapalua, Hawaii

MLS® #378741

Listed By: Hawaii Life (KAP)

A Rare Opportunity To Own The Most Attractively Priced Three Bedroom, Three And One Half Bath Residence With A Den At The Montage Kapalua Bay, West Maui's Newest Luxury Resort With World Class Amenities. Situated On The Ground Floor Of Building 2, You Can E...

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

Photo of Listing #378571

$4,395,000 Active Fee Simple

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

Condominium

1 Bay Dr 2504, Kapalua, Hawaii

MLS® #378571

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...

A Unique Opportunity To Own One Of The Most Att...

REDUCED 8% Photo of Listing #378722

$2,950,000 Active Fee Simple

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

Condominium

1 Bay Dr 2204, Kapalua, Hawaii

MLS® #378722

Listed By: Hawaii Life (KAP)

A Unique Opportunity To Own One Of The Most Attractively Priced Three Bedroom, Three And One Half Bath Residence At The Montage Kapalua Bay, West Maui's Newest Luxury Resort With World Class Amenities. Situated On The Ground Floor Of Building 2, You Can Enj...

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

Photo of Listing #378647

$4,500,000 Active Fee Simple

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

Condominium

1 Bay Dr 5303, Kapalua, Hawaii

MLS® #378647

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 Views Framed By The Neighboring Island Of Lanai And The P. Located Within The Renowned Kapalua ...

This Residence Is A Premiere Ocean View Home Wi...

Photo of Listing #378608

$5,950,000 Active Fee Simple

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

Condominium

1 Bay Dr 1404, Kapalua, Hawaii

MLS® #378608

Listed By: Powerplay Destination Prop HI

This Residence Is A Premiere Ocean View Home With Incredible Ocean And Neighboring Island Views In The Most Beautiful Sanctuary In The Hawaii Islands. Montage Residences Kapalua Bay. A Truly One-of-a-kind Opportunity To Own Along The West Maui Shoreline, Ov...

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

Photo of Listing #378049

$8,950,000 Pending - Do Not Show Fee Simple

  • 4 Beds
  • Baths
  • 21 Acres
  • 4,055 ft²

Condominium

1 Bay Dr 1201, Kapalua, Hawaii

MLS® #378049

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 #374790

$3,550,000 Active Fee Simple

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

Condominium

1 Bay Dr 5102, Kapalua, Hawaii

MLS® #374790

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...

Ground Floor Ocean Front Residence With Lanais ...

Photo of Listing #374147

$3,995,000 Active Fee Simple

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

Condominium

1 Bay Dr 2202, Kapalua, Hawaii

MLS® #374147

Listed By: Keller Williams Realty Maui-L

Ground Floor Ocean Front Residence With Lanais And Lawn Area That Are Exclusively Private. The Master Bedroom Lanai And Lawn Area Are 12 Feet Above The Adjacent Residence With A Small Hedge Perimeter. The Livingroom Lanai And Larger Lawn Are Secluded By A...

*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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