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

119 Properties Found. Page 2 of 10

There Is A Virtual Tour Link Attached For A Gre...

Photo of Listing #406128

$1,185,000 Active Fee Simple

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

Residential

110 Kaanapali Shores Pl, Unit 817, Kaanapali, HI

MLS® #406128

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-276-6061

There Is A Virtual Tour Link Attached For A Great Perspective On The Location, As Well As The Grounds And Amenities. There Is A Lovely Large Swimming Pool, Wonderful Spa, Tennis Courts, Shuffle Board, And A Bbq Area, With Gas Grills. The Kitchen And Bath A...

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Welcome To Your Maui Paradise At Kaanapali Alii...

Photo of Listing #406132

$1,999,000 Active Fee Simple

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

Residential

50 Nohea Kai Dr, Unit 1301, Kaanapali, HI

MLS® #406132

Listed By: Living Maui Real Estate LLC
Office Contact: Cell: 808-359-1161

Welcome To Your Maui Paradise At Kaanapali Alii—turnkey Furnished, Ready For You To Move In. Situated In The Heart Of Maui's Breathtaking Kaanapali Beach, Kaanapali Alii Resort Combines Luxury And Tranquility To Create An Unparalleled Island Lifestyle. This...

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Looking For A High Quality, Beautiful Condo. Th...

Photo of Listing #406133

$1,350,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 10 Acres
  • 1,152 ft²

Residential

150 Puukolii Rd, Unit 36, Kaanapali, HI

MLS® #406133

Listed By: Berkshire Hathaway Maui Prop-L

Looking For A High Quality, Beautiful Condo. This One May Be Just What You Are. Looking For. This Fee Simple, Single Level, 2 Bedroom, 2bath, End Unit Has No Neighbors On 3 Sides And No One Above You. The Condo Itself Has Mahogany Flooring, Custom Built C...

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If The "best Of The Best" Is What You're Lookin...

Photo of Listing #406123

$5,400,000 Active Fee Simple

  • 3 Beds
  • 3 Baths
  • 34.82 Acres
  • 2,230 ft²

Residential

130 Kai Malina Pkwy, Unit Nr202, Kaanapali, HI

MLS® #406123

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

If The "best Of The Best" Is What You're Looking For, Look No Further! Very Rare Three-bedroom Ocean Front Home Is Now Available For Sale. This Is The First Offering Of An Oceanfront Home At Honua Kai In Almost Three Years! Endless Views Of The Ocean, R...

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Unit L-202 At The Maui Eldorado Is A Bright And...

Photo of Listing #406126

$699,000 Active Leasehold

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

Residential

2661 Kekaa Dr, Unit L-202, Kaanapali, HI

MLS® #406126

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-250-5948

Unit L-202 At The Maui Eldorado Is A Bright And Spacious Fully Tiled Second Floor Location With A View Of The Ocean And The Island Of Molokai In The Distance. Enjoy Shady Mornings On The Fully Covered 28 Foot Wide Lanai. Lots Of Storage With Two Owners Clo...

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This One-bedroom, One-plus-bath Unit Is Located...

REDUCED 1% Photo of Listing #406072

$1,189,000 Active Fee Simple

  • 1 Beds
  • 1½ Baths
  • 37.9 Acres
  • 901 ft²

Residential

50 Puu Anoano St, Unit 503, Kaanapali, HI

MLS® #406072

Listed By: Real Broker LLC
Office Contact: ReneSellsMaui@gmail.com

This One-bedroom, One-plus-bath Unit Is Located On Kaanapali Hillside In The Masters, An Exclusive Gated Community Featuring 2 Heated Pools, 2 Hot Tubs, 4 Tennis Courts, And On-site Security. The Warm Sunsets Entice You To Step Out Onto The Lawn, Where You...

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The Mahana Resort Is Generally Considered As On...

Photo of Listing #406068

$839,000 Active Fee Simple

  • 1 Baths
  • 5.01 Acres
  • 456 ft²

Residential

110 Kaanapali Shores Pl, Unit 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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Level Entry Main Floor (zero Stairs), Unmatched...

Photo of Listing #406031

$1,415,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 7.13 Acres
  • 1,570 ft²

Residential

2560 Kekaa Dr, Unit C202, Kaanapali, HI

MLS® #406031

Listed By: Maui Paradise Properties LLC
Office Contact: 808-661-1535

Level Entry Main Floor (zero Stairs), Unmatched Golf Course View Of Maui's Renound Hole #16 On Kaanapali Royal Gc. Extra Spacious, Very Private En Suite 2 Bed 2 Bath Condominium Home With Extra Storage Space In And Outside. Outdoor Lanai Includes Electric S...

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Beautifully Upgraded Ocean-view Penthouse Studi...

Photo of Listing #406002

$785,000 Active Fee Simple

  • 1 Baths
  • 10.1 Acres
  • 507 ft²

Residential

3445 Lower Honoapiilani Rd, Unit 936, Kaanapali, HI

MLS® #406002

Listed By: Maui Paradise Properties LLC
Office Contact: 808-661-1535

Beautifully Upgraded Ocean-view Penthouse Studio At Kaanapali Shores Is Yours For The Taking. Enjoy All The Amenities, Including A Restaurant, Ocean Front Bar, Two Pools, Hot Tub And A Sandy Beach. You Can Also Get A Massage, Go Shopping, Get Fit In The ...

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Welcome To Ka’anapali Shores 204—a Hotel Zoned,...

Photo of Listing #406006

$1,270,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 10.1 Acres
  • 964 ft²

Residential

3445 Lower Honoapiilani Rd, Unit 204, Kaanapali, HI

MLS® #406006

Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 423-838-8410

Welcome To Ka’anapali Shores 204—a Hotel Zoned, Beautifully Updated Two-bedroom, Two-bath Condo That Puts You Just Steps From Famous Ka’anapali Beach With Front-row Views Of The Pacific. Inside, You’ll Find A Spacious Layout With A Full-size Kitchen Featuri...

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Aloha And Welcome To Kaanapali Royal F102, In T...

Photo of Listing #406000

$1,299,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 7.13 Acres
  • 1,580 ft²

Residential

2560 Kekaa Dr, Unit F 102, Kaanapali, HI

MLS® #406000

Listed By: Leone Luxury Properties LLC
Office Contact: Cell: 808-419-1001

Aloha And Welcome To Kaanapali Royal F102, In The Heart Of The Kaanapali Resort, Where The Slogan Proudly States, "where The World Comes To Play!" This Spacious, Two-bedroom, Two-bathroom, 1,580 Sqft One-story Condo (with A Few Steps Between Rooms) Was Full...

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Welcome To Unit A418 In The Aloha Tower At The ...

Photo of Listing #405988

$793,000 Active Fee Simple

  • 1 Baths
  • 11.46 Acres
  • 544 ft²

Residential

45 Kai Ala Dr, Unit A418, Kaanapali, HI

MLS® #405988

Listed By: Hawaii Life (L)
Office Contact: Cell: 808-280-4881

Welcome To Unit A418 In The Aloha Tower At The Highly Sought-after Maui Kaanapali Villas Resort, Where Classic Island Charm Meets Modern Convenience In One Of West Maui’s Most Beloved Beachfront Communities. Ocean View Studio | Turnkey | Rare In-unit Washer...

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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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