Kaanapali Resort Condominium Market Update | Q 1 2024

Posted by Courtney M. Brown on Friday, April 5th, 2024 at 3:32pm.

KAANAPALI CONDOMINIUM MARKET UPDATE: Q1 2024

Kaanapali Condos for Sale

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 2024 2023 2022 2021 2020 2019
Number of Sales 23 70 148 237 159 168
Volume $37,105,000 $123,054,600 $247,257,475 $321,700,298 $212,877,531 $205,331,916
Low Sales Price $520,000 $475,000 $325,000 $318,000 $319,000 $240,000
High Sales Price $4,625,000 $5,650,000 $5,899,000 $5,400,000 $3,300,000 $4,995,000
Median $1,550,000 $1,500,000 $1,412,500 $995,000 $1,050,000 $952,500
Average SP $1,613,261 $1,757,923 $1,670,659 $1,357,385 $1,338,852 $1,222,214
Average SP/Sq. Ft. $1,707 $1,617 $1,486 $1,158 $955 $1,010
Average DOM 99 103 90 127 248 218
Average SP/LP 97% 96% 98% 98% 96% 97%
There are a mix of leasehold and fee simple condominiums in Kaanapali      

 

How does the market through the first quarter of 2024 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 Q1 2024 2023 2022 2021 2020 2019
Sales 8 18 45 63 72 57
Volume $14,925,000 $37,688,999 $112,632,875 $121,182,648 $137,972,250 $91,809,500
Low SP $1,275,000 $1,200,000 $1,150,000 $807,500 $735,000 $774,000
High SP $2,950,000 $5,525,000 $5,899,000 $5,400,000 $3,199,000 $3,300,000
Median SP $1,667,500 $1,843,500 $1,900,000 $1,550,000 $2,119,750 $1,700,000
Average SP $1,865,625 $2,093,778 $2,502,953 $1,923,534 $1,916,281 $1,610,693
Average SP/Sq. Ft $2,348 $2,178 $2,154 $1,498 $1,139 $1,190
Average DOM 74 114 97 137 404 318
Average SP/LP 98% 96% 98% 98% 98% 98%

International Colony Club

International Colony Club condos for sale

International Colony Club Q1 2024 2023 2022 2021 2020 2019
Sales 0 2 0 5 1 1
Volume NA $2,910,000 NA $3,150,000 $575,000 $618,000
Low SP NA $1,310,000 NA $600,000 $575,000 $618,000
High SP NA $1,600,000 NA $680,000 $575,000 $618,000
Median SP NA $1,455,000 NA $620,000 $575,000 $618,000
Average SP NA $1,455,000 NA $630,000 $575,000 $618,000
Average SP/Sq. Ft NA $1,035 NA $556 $614 $445
Average DOM NA 41 NA 143 127 237
Average SP/LP NA 101% NA 100% 96% 98%

Kaanapali Alii

Kaanapali Alii condos for sale

Kaanapali Alii Q1 2024 2023 2022 2021 2020 2019
Sales 1 6 12 27 9 16
Volume $4,625,000 $23,125,000 $31,841,600 $66,456,000 $18,215,000 $39,230,000
Low SP $4,625,000 $2,350,000 $1,020,000* $918,000* $1,200,000 $1,100,000
High SP $4,625,000 $5,650,000 $4,596,600 $5,000,000 $3,300,000 $4,995,000
Median SP $4,625,000 $3,787,500 $2,387,500 $2,300,000 $1,700,000 $2,147,500
Average SP $4,625,000 $3,854,167 $2,653,467 $2,461,333 $2,023,889 $2,451,875
Average SP/Sq. Ft $2,815 $2,427 $1,739 $1,595 $1,248 $1,560
Average DOM 129 76 97 125 129 213
Average SP/LP 95% 96% 96% 97% 92% 95%

Kaanapali Plantation

Kaanapali Plantation condos for sale

Kaanapali Plantation Q1 2024 2023 2022 2021 2020 2019
Sales 2 1 9 11 4 3
Volume $2,575,000 $1,375,000 $11,244,000 $8,570,250 $3,190,000 $2,039,000
Low SP $1,275,000 $1,375,000 $860,000 $448,000 $755,000 $629,000
High SP $1,300,000 $1,375,000 $1,500,000 $1,200,000 $870,000 $780,000
Median SP $1,287,500 $1,375,000 $1,325,000 $731,250 $782,500 $630,000
Average SP $1,287,500 $1,375,000 $1,249,333 $779,114 $797,500 $679,667
Average SP/Sq. Ft $974 $1,194 $979 $595 $558 $544
Average DOM 76 77 60 129 127 $282
Average SP/LP 99% 92% 97% 98% 95% 97%

Kaanapali Royal

Kaanapali Royal condos for sale

Kaanapali Royal Q1 2024 2023 2022 2021 2020 2019
Sales 3 4 2 3 6 9
Volume $4,475,000 $6,620,000 $2,455,000 $2,792,000 $4,372,500 $6,997,750
Low SP $1,350,000 $1,500,000 $1,160,000 $820,000 $350,000* $705,000
High SP $1,575,000 $1,950,000 $1,295,000 $1,100,000 $850,000 $864,750
Median SP $1,550,000 $1,585,000 $1,227,500 $872,000 $795,000 $765,000
Average SP $1,491,667 $1,655,000 $1,227,500 $930,667 $728,750 $777,528
Average SP/Sq. Ft $958 $1,057 $805 $571 $478 $504
Average DOM 121 85 35 99 99 101
Average SP/LP 96% 95% 108% 103% 97% 97%
* Leasehold sales in 2017 and 2020          

Kaanapali Shores

Kaanapali Shores condos for sale

Kaanapali Shores Q1 2024 2023 2022 2021 2020 2019
Sales 2 11 29 33 15 15
Volume $2,325,000 $12,429,900 $26,657,500 $25,358,000 $9,727,381 $9,938,167
Low SP $1,050,000 $650,000* $325,000* $318,000* $320,000* $365,000
High SP $1,275,000 $2,500,000 $2,360,000 $2,125,000 $950,000 $997,000
Median SP $1,162,500 $979,900 $810,000 $700,000 $645,000 $557,500
Average SP $1,162,500 $1,129,991 $919,224 $768,424 $635,159 $621,135
Average SP/Sq. Ft $1,377 $1,261 $1,098 $931 $781 $830
Average DOM 68 115 91 145 142 117
Average SP/LP 93% 97% 98% 98% 95% 97%
*There were leasehold sales every year except 2024.  Low is marked with the asterisk    

The Mahana at Kaanapali

The Mahana at Kaanapali condos for sale

Mahana Q1 2024 2023 2022 2021 2020 2019
Sales 1 7 21 12 5 9
Volume $835,000 $10,582,500 $26,241,500 $14,372,400 $4,858,000 $8,302,000
Low SP $835,000 $1,175,000 $772,500 $725,000 $640,000 $625,000
High SP $835,000 $3,005,000 $2,300,000 $1,725,000 $1,650,000 $1,850,000
Median SP $835,000 $1,227,500 $1,160,000 $1,197,500 $880,000 $825,000
Average SP $835,000 $1,511,788 $1,249,595 $1,197,708 $971,600 $922,444
Average SP/Sq. Ft $1,831 $1,655 $1,591 $1,330 $1,314 $1,174
Average DOM 21 126 78 253 161 140
Average SP/LP 100% 97% 97% 97% 96% 98%

Maui Eldorado

Maui Eldorado condos for sale

Maui Eldorado Q1 2024 2023 2022 2021 2020 2019
Sales 1 6 10 12 10 12
Volume $520,000 $4,657,700 $7,011,000 $6,803,500 $4,302,500 $4,766,000
Low SP $520,000 $475,000 $415,000 $345,000 $240,000 $240,000
High SP $520,000 $1,250,000 $1,137,500 $965,000 $835,000 $835,000
Median SP $520,000 $591,350 $616,250 $460,750 $403,750 $332,500
Average SP $520,000 $776,283 $701,100 $566,958 $430,250 $397,167
Average SP/Sq. Ft $912 $858 $657 $559 $458 $458
Average DOM 94 88 64 131 79 79
Average SP/LP 97% 95% 101% 98% 96% 96%
Maui Eldorado is a Leasehold property          

Maui Kaanapali Villas

Maui Kaanapali Villas condos for sale

Maui Kaanapali Villas Q1 2024 2023 2022 2021 2020 2019
Sales 1 0 6 15 10 5
Volume $1,095,000 NA $4,615,000 $9,598,900 $5,884,400 $3,695,000
Low SP $1,095,000 NA $400,000 $345,000 $432,500 $430,000
High SP $1,095,000 NA $1,100,000 $915,000 $799,000 $1,050,000
Median SP $1,095,000 NA $767,500 $625,000 $487,450 $760,000
Average SP $1,095,000 NA $769,167 $639,927 $588,440 $739,000
Average SP/Sq. Ft $1,190 NA $1,154 $985 $889 $932
Average DOM 24 NA 111 64 54 49
Average SP/LP 100% NA 99% 98% 98% 100%

  

Maui Kai

Maui Kai condos for sale

Masters Q1 2024 2023 2022 2021 2020 2019
Sales 1 1 7 6 6 9
Volume $680,000 $935,000 $5,308,000 $3,541,000 $3,199,000 $4,899,000
Low SP $935,000 $935,000 $560,000 $458,000 $415,000 $430,000
High SP $935,000 $935,000 $1,090,000 $785,000 $675,000 $745,000
Median SP $935,000 $935,000 $665,000 $526,500 $525,000 $525,000
Average SP $935,000 $935,000 $758,286 $590,167 $533,167 $544,333
Average SP/Sq. Ft $1,722 $1,445 $1,530 $1,257 $1,052 $1,033
Average DOM 28 38 64 151 193 202
Average SP/LP 99% 100% 101% 99% 95% 96%

  

The Masters at Kaanapali Hillside

The Masters at Kaanapali Hillside condos for sale

Masters Q1 2024 2023 2022 2021 2020 2019
Sales 0 9 17 31 15 18
Volume NA $14,390,000 $25,371,000 $34,802,000 $13,586,500 $15,498,500
Low SP NA $1,275,000 $900,000 $675,000 $575,000 $550,000
High SP NA $1,990,000 $2,175,000 $1,929,000 $1,300,000 $1,400,000
Median SP NA $1,600,000 $1,565,000 $1,107,000 $945,000 $852,000
Average SP NA $1,598,889 $1,492,412 $1,122,645 $905,766 $861,028
Average SP/Sq. Ft NA $1,035 $989 $796 $639 $660
Average DOM NA 165 62 133 97 225
Average SP/LP NA 93% 100% 98% 95% 95%

 

The Vintage at Kaanapali

The Vintage condos for sale

Vintage Q1 2024 2023 2022 2021 2020 2019
Sales 1 3 3 7 4 6
Volume $2,100,000 $5,574,000 $5,190,000 $9,734,000 $4,573,000 $6,840,999
Low SP $2,100,000 $1,775,000 $1,200,000 $1,100,000 $950,000 $890,999
High SP $2,100,000 $1,999,000 $1,995,000 $1,620,000 $1,375,000 $1,425,000
Median SP $2,100,000 $1,800,000 $1,995,000 $1,360,000 $1,124,000 $1,125,000
Average SP $2,100,000 $1,858,000 $1,730,000 $1,390,571 $1,143,250 $1,140,167
Average SP/Sq. Ft $1,167 $931 $797 $693 $621 $610
Average DOM 292 104 203 87 148 237
Average SP/LP 92% 96% 97% 99% 96% 94%

 

The Whaler at Kaanapali Beach

The Whaler at Kaanapali Beach condos for sale

Whaler Q1 2024 2023 2022 2021* 2020 2019
Sales 2 5 8 24 7 16
Volume $2,950,000 $6,650,000 $14,931,500 $29,712,000 $7,480,000 $19,000,000
Low SP $1,300,000 $1,085,000 $1,080,000 $500,000 $795,000 $750,000
High SP $1,650,000 $1,420,000 $3,970,000 $3,650,000 $1,250,000 $2,750,000
Median SP $1,475,000 $1,395,000 $1,575,000 $945,500 $1,100,000 $945,000
Average SP $1,475,000 $1,330,000 $1,866,438 $1,238,000 $1,068,571 $1,187,500
Average SP/Sq. Ft $1,630 $2,473 $1,959 $1,524 $1,266 $1,380
Average DOM 223 48 85 116 150 173
Average SP/LP 96% 103% 98% 98% 91% 95%
*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

125 Properties Found. Page 1 of 11

Honua Kai Hokulani 716 Is A Beautifully Appoint...

NEW Photo of Listing #405472

$1,349,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 39.84 Acres
  • 700 ft²

Residential

130 Kai Malina Pkwy Sr 716, Kaanapali, HI

MLS® #405472

Listed By: Berkshire Hathaway Maui Prop-L

Honua Kai Hokulani 716 Is A Beautifully Appointed One-bedroom, One-bathroom Luxury Condominium Located On World-famous Ka’anapali North Beach. Perched On The 7th Floor Of The South-facing Hokulani Tower, This Residence Offers Captivating Ocean And Sunset Vi...

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Premiere Location On The 3rd Floor Of The Konea...

NEW Photo of Listing #405715

$4,175,000 Active Fee Simple

  • 3 Beds
  • 3 Baths
  • 34.82 Acres
  • 1,610 ft²

Residential

130 Kai Malina Pkwy 329, Kaanapali, HI

MLS® #405715

Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 808-283-8771

Premiere Location On The 3rd Floor Of The Konea Building—offering A Wonderful Connection To The Inner Courtyard Activities And Creating An Ideal Setting For “people Watching”, Whether In The Apartment Or On The Lanai. The Front Door Is Just Steps From The E...

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Prime Penthouse Location With Stunning Ocean Vi...

NEW Photo of Listing #405843

$2,850,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 8.03 Acres
  • 1,441 ft²

Residential

50 Nohea Kai Dr 1-1101, Kaanapali, HI

MLS® #405843

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-276-6443

Prime Penthouse Location With Stunning Ocean Views Overlooking World Famous Kaanapali Beach And Black Rock. This One Bedroom Plus Den Can Sleep Up To 6 Guests And Features Granite Countertops, Custom Cabinetry, Two Walk In Showers As Well As Tile Flooring T...

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Welcome To Kaanapali Shores 939, A Beautiful 1-...

NEW Photo of Listing #405920

$600,000 Active Leasehold

  • 1 Beds
  • 1 Baths
  • 10.1 Acres
  • 717 ft²

Residential

3445 Lower Honoapiilani Rd 939, Kaanapali, HI

MLS® #405920

Listed By: Keller Williams Realty Maui-Ka
Office Contact: Cell: 808-276-8776

Welcome To Kaanapali Shores 939, A Beautiful 1-bedroom, 1-bathroom Condo That Offers A Perfect Blend Of Comfort, Elegance, And The True Spirit Of Island Living. Located On The 9th Floor, This Quiet Retreat Boasts Breathtaking Ocean And Courtyard Views From ...

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The Mahana Resort Is Generally Considered As On...

NEW Photo of Listing #406068

$839,000 Active Fee Simple

  • 1 Baths
  • 5.01 Acres
  • 456 ft²

Residential

110 Kaanapali Shores Pl 513, Kaanapali, HI

MLS® #406068

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-283-2420

The Mahana Resort Is Generally Considered As One Of The Premium Vacation Rental Complexes In Upper West Maui, And When You View The Complex And The Unit, Hopefully You Will Understand Why. The Mahana Consists Of Two 12 Floor Buildings With Slightly Over 200...

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Discover Luxury And Convenience With This Rare ...

NEW Photo of Listing #406148

$1,695,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,269 ft²

Residential

50 Puu Anoano St 4207, Kaanapali, HI

MLS® #406148

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-283-4922

Discover Luxury And Convenience With This Rare Single-level, 2-bedroom, 2-bathroom End Unit At The Prestigious Masters At Kaanapali. Located In A Quiet, Gated Community On The Scenic Kaanapali Hillside, This Beautifully Remodeled Condo Boasts No Stairs, A P...

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Beautiful Two Bedroom Unit At The Masters, Kaan...

NEW Photo of Listing #406273

$1,479,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,269 ft²

Residential

50 Puu Anoano St 3901, Kaanapali, HI

MLS® #406273

Listed By: Maui No Ka Oi Properties

Beautiful Two Bedroom Unit At The Masters, Kaanapali's Most Desired Property With Breathtaking Ocean Views, Gated Entrance, And Ideal Location On West Maui, Close To Kaanapali Beach, Golf Course, World Famous Dining And Shopping. Resort Living With Tropical...

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This 5th Floor Sr536 Corner Units Offers Not On...

NEW Photo of Listing #406569

$2,395,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 39.84 Acres
  • 1,240 ft²

Residential

130 Kai Malina Pkwy Sr536, Kaanapali, HI

MLS® #406569

Listed By: Kaanapali Resort Realty LLC

This 5th Floor Sr536 Corner Units Offers Not Only An Ocean View, But Also The Beautiful Green West Maui Mountains. It Is Also The Perfect Height To Take Advantage Of The Green Lawns Immediately Below. This Sought After Corner Location Truly Brings The Outd...

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Premier Living At The Masters At Kaanapali!!! ...

NEW Photo of Listing #406776

$3,800 Active

  • 1 Beds
  • 2 Baths
  • 1,087 ft²

Residential Lease

50 Puu Anoano St 2001, Kaanapali, HI

MLS® #406776

Listed By: Platinum Properties Hawaii,LLC

Premier Living At The Masters At Kaanapali!!! Ground Floor, 1bd/2ba W/loft Is Ready For Someone To Move Into. Enjoy This Gated Community With Multiple Pools On Property At Your Disposal. Please Inquire With Any Questions. Call Or Text Ryan Michimoto 602...

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Views, Views, Views: Molokai And Lanai, Nightly...

NEW Photo of Listing #406927

$1,535,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,512 ft²

Residential

50 Puu Anoano St 706, Kaanapali, HI

MLS® #406927

Listed By: Lowson & Associates
Office Contact: laurie@lowson.com

Views, Views, Views: Molokai And Lanai, Nightly Sunsets, Whales Frolicking In Season All Can Be Yours When You Become The Owner Of #706 Masters At Kaanapali. Look Out Over The Kaanapali Golf Course Towards The Sheraton And Black Rock. Enjoy Pools, Pickle Ba...

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Luana Gardens Villa 17d Is Now Available To Pur...

NEW Photo of Listing #406969

$3,590,000 Active Fee Simple

  • 3 Beds
  • 3 Baths
  • 38 Acres
  • 2,047 ft²

Residential

130 Kai Malina Pkwy 17d, Kaanapali, HI

MLS® #406969

Listed By: Susan Jackson Real Estate
Office Contact: Cell: 865-206-1234

Luana Gardens Villa 17d Is Now Available To Purchase! Rarely Offered, This Luxurious 3-bedroom, 3-bath Upper-level Villa Can Now Be Yours. Its Grandiose Size (2,047 Sq. Ft., With A 521 Sq. Ft. Lanai And Private Outdoor Kitchen) Exceeds Every Vacationers’ E...

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Ka'anapali Alii 2-305 Offers A Desirable 2bd/2b...

NEW Photo of Listing #407104

$2,995,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,650 ft²

Residential

50 Nohea Kai Dr 2-305, Kaanapali, HI

MLS® #407104

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-276-6443

Ka'anapali Alii 2-305 Offers A Desirable 2bd/2ba Corner Floor Plan Captivating Views Of Both The Inner Courtyard And The Ocean. Updated With Granite Counters, Stainless Steel Appliances, And Tile Flooring Throughout. Hotel Zoned For Short-term Rentals, Comb...

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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 4/5/24.  

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

 

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