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

124 Properties Found. Page 1 of 11

Imagine Living In A Lovely Tropical Oasis, Clos...

NEW Photo of Listing #406692

$619,000 Active Leasehold

  • 1 Beds
  • 1 Baths
  • 10.2 Acres
  • 960 ft²

Residential

2661 Kekaa Dr, Unit E102, Kaanapali, HI

MLS® #406692

Listed By: Fine Island Properties LLC
Office Contact: Cell: 360-556-9714

Imagine Living In A Lovely Tropical Oasis, Close To One Of The Most Admired Beaches In All Of Hawaii, Near World-class Shopping And Dining, With Tennis And Golf Just Moments Away. Imagine The Security And Comfort Of Having A Full Service Front Desk And Sec...

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The Mahana At Kaanapali Offers A Luxurious Ocea...

NEW Photo of Listing #406684

$1,165,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 5.01 Acres
  • 820 ft²

Residential

110 Kaanapali Shores Pl, Unit 108, Kaanapali, HI

MLS® #406684

Listed By: Keller Williams Realty Maui-Ka
Office Contact: Cell: 808-280-9999

The Mahana At Kaanapali Offers A Luxurious Oceanfront Experience With Breathtaking Sunset Views. This Beautifully Remodeled Ground-floor Unit, Mahana 108, Is Located On The Quiet North End Of The Development In The Molokai Building. Both The Living Room And...

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Just Remodelled With New Wood White Cabinets, N...

NEW Photo of Listing #406677

$1,349,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,540 ft²

Residential

2560 Kekaa Dr, Unit N302, Kaanapali, HI

MLS® #406677

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-283-3067

Just Remodelled With New Wood White Cabinets, New Granite Countertops In The Kitchen And New Corian Countertops In The Bathroom! This 2 Bed 2 Bath Spacious 1,580 Sq. Ft Kaanapali Royal Unit Has Outstanding Ocean And Island Views Featuring An Expansive Lanai...

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Fabulous Sought After Location With An Ocean Vi...

Photo of Listing #406595

$774,900 Active Fee Simple

  • 1 Baths
  • 10 Acres
  • 507 ft²

Residential

3445 Lower Honoapiilani Rd, Unit 834, Kaanapali, HI

MLS® #406595

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-250-5073

Fabulous Sought After Location With An Ocean View Including The Sunset And The Island Of Molokai. Kaanapali Shores Is A Beautiful Beachfront Property On 10 Acres With A Sandy Beach. Gated The Resort Amenities Include Two Simming Pools, Two Spas, Tennis Cour...

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Honua Kai - Konea Nr609 Is A 2 Bed / 2 Bath Oce...

Photo of Listing #406602

$2,775,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 34.82 Acres
  • 1,315 ft²

Residential

130 Kai Malina Pkwy, Unit Nr609, Kaanapali, HI

MLS® #406602

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-283-3067

Honua Kai - Konea Nr609 Is A 2 Bed / 2 Bath Ocean-view Residence With An Expansive Interior Courtyard. Set Well Above The Palm Trees That Grace The Grounds And Beachside Pools Below, It Enjoys A Commanding Vista Of The Pacific. With The Lanai's Glass Nano W...

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The Masters 1005 Is A Beautifully Renovated Gro...

Photo of Listing #406603

$1,900,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,544 ft²

Residential

50 Puu Anoano St, Unit 1005, Kaanapali, HI

MLS® #406603

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-283-3067

The Masters 1005 Is A Beautifully Renovated Ground Floor Corner Unit Located In The Exclusive Gated Community Of The Masters In Ka'anapali. This 2-bedroom, 2-bathroom Condo Offers Sweeping Panoramic Ocean Views Of Lana’i And Moloka’i And Overlooks The 13th ...

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Remarkable Rental History For An Impeccable Res...

REDUCED 5% Photo of Listing #406589

$2,095,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,544 ft²

Residential

50 Nohea Kai Dr, Unit Ii-204, Kaanapali, HI

MLS® #406589

Listed By: Maui Resort Realty
Office Contact: khertz@mauiresortrealty.com

Remarkable Rental History For An Impeccable Residence- Kaanapali Alii 2-204 Is One Of The Most Beautifully Appointed Residences On Iconic Kaanapali Beach; Combining Luxurious Interiors, A Peaceful Garden Setting, In The Premier Condominium Resort In The Hea...

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

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, Unit 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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Kaanapali Shores 442 Is A Garden View Studio Un...

Photo of Listing #406577

$645,000 Active Fee Simple

  • 1 Baths
  • 10 Acres
  • 507 ft²

Residential

3445 Lower Honoapiilani Rd, Unit 442, Kaanapali, HI

MLS® #406577

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-250-5073

Kaanapali Shores 442 Is A Garden View Studio Unit Featuring A Full Kitchen, One Bathroom And Covered Lanai. This Unit Is Located On The North Side Of The Building Allowing The Flow Of Cool Trade Winds. Enjoy Views Of Honokowai Stream While Having Your Morni...

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Dolphin Building – How Long Have You Been Waiti...

Photo of Listing #406504

$869,000 Pending Fee Simple

  • 1 Baths
  • 11.46 Acres
  • 544 ft²

Residential

45 Kai Ala Dr, Unit D110, Kaanapali, HI

MLS® #406504

Listed By: eXp Realty
Office Contact: Cell: 808-269-8633

Dolphin Building – How Long Have You Been Waiting For An Opportunity In Mkv's Dolphin Building? It’s Been Six Years Since One Was Last Available, And Another Nine Years Before That! Mkv D110 (door Number D173) Combines The Convenience Of Condominium Living...

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Hokulani 414 At Honua Kai – Turnkey Ocean View ...

Photo of Listing #406488

$1,359,000 Active Fee Simple

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

Residential

130 Kai Malina Pkwy, Unit Sr414, Kaanapali, HI

MLS® #406488

Listed By: Maui Westside Properties

Hokulani 414 At Honua Kai – Turnkey Ocean View Condo On Maui’s West Side Welcome To Hokulani 414, A Beautifully Maintained 1-bedroom, 1-bathroom Condo Located On The Quiet South Side Of The Honua Kai Resort, A Legal Hotel-zoned Property On North Kaanapali ...

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Boasting Sweeping Ocean Views From Molokai To L...

Photo of Listing #406492

$4,250,000 Pending Fee Simple

  • 3 Beds
  • 3 Baths
  • 39.84 Acres
  • 1,600 ft²

Residential

130 Kai Malina Pkwy, Unit Sr 929, Kaanapali, HI

MLS® #406492

Listed By: Maui Resort Realty
Office Contact: khertz@mauiresortrealty.com

Boasting Sweeping Ocean Views From Molokai To Lanai, Hokulani 929 Enjoys Year-round Panoramic Sunsets From Its Premier 9th-floor Vantage Point Elevated Above The Adjacent Resort Wings That Frame The Hokulani Tower's Desirable Inner Courtyard. This Exception...

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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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