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

156 Properties Found. Page 3 of 13

Discover The Pinnacle Of West Maui Living In Th...

Photo of Listing #408484

$699,000 Active Leasehold

  • 1 Beds
  • 1 Baths
  • 10.1 Acres
  • 806 ft²

Residential

3445 Lower Honoapiilani Rd 905, Kaanapali, HI

MLS® #408484

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-495-6236

Discover The Pinnacle Of West Maui Living In This Stunning One-bedroom Beach-inspired Penthouse Unit At Ka’anapali Shores…a Premier Oceanfront Condominium Complex Resort. Unit 905 Has Been Thoughtfully Upgraded And Decorated With A Captivating Island Vibe. ...

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Welcome To Ka’anapali Ali’i, Unit 2-1002 Where ...

Photo of Listing #408485

$2,750,000 Active Fee Simple

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

Residential

50 Nohea Kai Dr Ii1002, Kaanapali, HI

MLS® #408485

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-446-4551

Welcome To Ka’anapali Ali’i, Unit 2-1002 Where Meticulous Design Meets Natural Beauty. Located On The 10th Floor, This Masterfully Reimagined Residence Features A One-bedroom, Two-bathroom Retreat Plus A Versatile Den. Following An Extensive 2022 Renovation...

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Positioned At The Quiet End Of A Cul-de-sac Wit...

Photo of Listing #408486

$1,625,000 Active Fee Simple

  • 2 Beds
  • 2½ Baths
  • 37.9 Acres
  • 1,850 ft²

Residential

50 Puu Anoano St 3304, Kaanapali, HI

MLS® #408486

Listed By: Berkshire Hathaway Maui Prop-L

Positioned At The Quiet End Of A Cul-de-sac Within The Masters At Ka'anapali Hillside, Residence 3304 Enjoys A Commanding Elevated Setting Where The Land Falls Away Toward The Pacific, Creating A Dramatic Sense Of Openness And Privacy. Framed By Mature Trop...

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This Full Sized 690 Sq Ft One-bedroom Is Locate...

Photo of Listing #408449

$1,100,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 34.82 Acres
  • 690 ft²

Residential

130 Kai Malina Pkwy Nr236, Kaanapali, HI

MLS® #408449

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

This Full Sized 690 Sq Ft One-bedroom Is Located On The Northern Side Of The Konea Tower. Its Secluded Position Overlooks North Park. Offering A Quiet Getaway From The Hustle Bustle Of The Resort, K236 Has Easy Access Without Needing To Wait For Elevators...

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This Superb, Hotel Zoned, Stunning Corner Unit,...

Photo of Listing #408451

$2,098,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 5.01 Acres
  • 1,178 ft²

Residential

110 Kaanapali Shores Pl 211, Kaanapali, HI

MLS® #408451

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

This Superb, Hotel Zoned, Stunning Corner Unit, With Phenomenal Views Of The Crystal Clear Kaanapali Waters Lapping Up On The Beach Below, Features The Bi-island Views Of The Molokai And Lanai As A Backdrop. The Orientation Of This Luxury Apartment Allows...

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Welcome To Kaanapali Alii 1-304, A Highly Sough...

Photo of Listing #408436

$3,250,000 Pending Fee Simple

  • 2 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,523 ft²

Residential

50 Nohea Kai Dr 1-304, Kaanapali, HI

MLS® #408436

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

Welcome To Kaanapali Alii 1-304, A Highly Sought-after And Rarely Available 3rd-floor Inner-courtyard Residence Located In The Hotel Resort Zone. This Beautifully Positioned 2-bedroom, 2-bath Vacation-rentable Condo Features A Generous Lanai With Peaceful V...

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Direct Oceanfront Prime 7th Floor 2 Bed 2 Bath ...

Photo of Listing #408364

$2,150,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 5.01 Acres
  • 1,178 ft²

Residential

110 Kaanapali Shores Pl 711, Kaanapali, HI

MLS® #408364

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-264-4617

Direct Oceanfront Prime 7th Floor 2 Bed 2 Bath Corner Unit With A Large 240 Sq Ft Extended Lanai. Relax And Enjoy Spectacular Sunsets, Bi-island Views Of Molokai And Lanai, Whales Breaching During The Winter Season Along With Dolphins And Turtles Frolicking...

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Honua Kai Hokulani 336 Presents A Rare Opportun...

Photo of Listing #408325

$2,350,000 Active Fee Simple

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

Residential

130 Kai Malina Pkwy 336, Kaanapali, HI

MLS® #408325

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-250-0210

Honua Kai Hokulani 336 Presents A Rare Opportunity To Own A Never-rented, Impeccably Maintained 2-bedroom, 2-bath Corner Residence In One Of North Kaanapali's Most Sought-after Resort Communities. Located On The Third Floor, This Desirable Corner Unit Enjoy...

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Honua Kai Hokulani 716 Is A Beautifully Appoint...

REDUCED 6% Photo of Listing #408311

$1,179,000 Active Fee Simple

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

Residential

130 Kai Malina Pkwy Sr 716, Kaanapali, HI

MLS® #408311

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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Ka'anapali Royal K101 Enjoys What We Feel Is Th...

Photo of Listing #408246

$1,200,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 7.13 Acres
  • 1,534 ft²

Residential

2560 Kekaa Dr K101, Kaanapali, HI

MLS® #408246

Listed By: Moffett Properties LLC
Office Contact: Cell: 808-870-8888

Ka'anapali Royal K101 Enjoys What We Feel Is The Most Liveable Floor Plan In Ka'anapali, Overlooking The Golf Course With The Ocean In The Distance. This Spacious And Unique Ground Floor 2 Bedroom, 2 Bath Unit Features A Gourmet Kitchen Open To The Generous...

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Welcome To K-215 At The Maui Eldorado Resort, A...

Photo of Listing #408235

$550,000 Active Leasehold

  • 1 Baths
  • 10.2 Acres
  • 570 ft²

Residential

2661 Kekaa Dr K-215, Kaanapali, HI

MLS® #408235

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

Welcome To K-215 At The Maui Eldorado Resort, A Well-positioned Leasehold Studio Offering Ocean Views And Strong Short-term Rental Appeal In The Heart Of Kaanapali. Conveniently Located Above The Resort Front Desk, This Unit Enjoys Easy Access To Resort Ame...

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Experience Breathtaking 180-degree Panoramic Oc...

Photo of Listing #408214

$1,249,000 Active Fee Simple

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

Residential

110 Kaanapali Shores Pl 1207, Kaanapali, HI

MLS® #408214

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

Experience Breathtaking 180-degree Panoramic Ocean Views From This Highly Sought-after Penthouse Residence At The Mahana. Perfectly Positioned Oceanfront On The Golden Shores Of North Kaanapali Beach, This One-bedroom, One-bath Condominium Offers The Ultima...

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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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