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

146 Properties Found. Page 5 of 13

Konea 104 Is Now Available For Sale! The Only...

Photo of Listing #407710

$2,499,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 34.82 Acres
  • 1,250 ft²

Residential

130 Kai Malina Pkwy Nr104, Kaanapali, HI

MLS® #407710

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

Konea 104 Is Now Available For Sale! The Only Ground Floor Two-bedroom Home Currently Offered For Resale, It Boasts 11’ Ceilings Throughout The Home. Situated On The Southern Side Of The Konea Tower (one Home From Oceanfront), You Will Delight In The Mo...

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Are You Searching For A Vacation Rental Allowed...

Photo of Listing #407687

$825,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 10.1 Acres
  • 853 ft²

Residential

3445 Lower Honoapiilani Rd 711, Kaanapali, HI

MLS® #407687

Listed By: eXp Realty
Office Contact: Cell: 808-463-9801

Are You Searching For A Vacation Rental Allowed Unit On Maui? Unit 711 At Kaanapali Shores Might Be The Perfect Fit. From Your Lanai, Living Room, Or Even The Bedroom, You Can Enjoy Direct Ocean Views. Yes, The Beach Is Right In Front Of You! This Spacious ...

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Experience Ka‘anapali Living At Its Finest In T...

Photo of Listing #407703

$1,099,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 39.84 Acres
  • 620 ft²

Residential

130 Kai Malina Pkwy Sr 424, Kaanapali, HI

MLS® #407703

Listed By: Hawaii Life (KAP)
Office Contact: Cell: 808-205-3995

Experience Ka‘anapali Living At Its Finest In This Beautifully Appointed 1-bedroom, 1-bathroom Condominium At The Renowned Honua Kai Resort. Hokulani 424 Enjoys Tranquil West Maui Mountain Views And An Open-concept Design That Blends Indoor And Outdoor Livi...

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Who Needs A Fifth Avenue Penthouse When You Can...

Photo of Listing #407633

$2,800,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 6.67 Acres
  • 905 ft²

Residential

2481 Kaanapali Pkwy 905, Kaanapali, HI

MLS® #407633

Listed By: Keller Williams Realty Maui-Ka
Office Contact: Cell: 808-276-6473

Who Needs A Fifth Avenue Penthouse When You Can Have This "rare" Gem On World Famous Kaanapali Beach! E Komo Mai And Welcome To The Whaler — The Ultimate Address On The Golden Sands Of Maui's Westside Shores! Here You Will Find The Lifestyle You Deserve ...

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Experience Beachfront Living At Kaanapali Shore...

Photo of Listing #407640

$1,150,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 10.1 Acres
  • 988 ft²

Residential

3445 Lower Honoapiilani Rd 204, Kaanapali, HI

MLS® #407640

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-359-4245

Experience Beachfront Living At Kaanapali Shores 204, A Beautifully Upgraded 2-bedroom, 2-bath Condominium With Stunning Ocean And Molokai Views From The Living Room And Both Bedrooms. Located Close To The Ocean, You’ll Enjoy The Sounds Of The Surf And Cool...

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This Lovely Ground Floor Level, 1 Bedroom, 1 Ba...

Photo of Listing #407644

$915,000 Active Fee Simple

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

Residential

50 Puu Anoano St 3903, Kaanapali, HI

MLS® #407644

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

This Lovely Ground Floor Level, 1 Bedroom, 1 Bath Unit Features Spectacular Ocean Views, Location, And A Wonderful Opportunity For The Buyers Who May Have Pets. The Sellers Have Renovated The Shower As Well As Tiling The Lanais, And Made Good Use Of The Spa...

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Discover The Ultimate Maui Retreat At Kaanapali...

Photo of Listing #407616

$625,000 Active Leasehold

  • 2 Beds
  • 2 Baths
  • 10.1 Acres
  • 1,078 ft²

Residential

3445 Lower Honoapiilani Rd 259, Kaanapali, HI

MLS® #407616

Listed By: Maui Westside Properties

Discover The Ultimate Maui Retreat At Kaanapali Shores 259, A Beautifully Renovated 2 Bedroom, 2 Bath Oceanfront Condo Offering Some Of The Best Views In The Resort. This Hotel-zoned Property Allows For Short-term Rentals, Offering Both Flexibility And Valu...

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Welcome To Unit 423, A Seamless Blend Of Contem...

Photo of Listing #407607

$1,350,000 Active Fee Simple

  • 1 Baths
  • 39.84 Acres
  • 583 ft²

Residential

130 Kai Malina Pkwy 423, Kaanapali, HI

MLS® #407607

Listed By: Coldwell Banker Island Prop-Ku
Office Contact: Cell: 808-357-6980

Welcome To Unit 423, A Seamless Blend Of Contemporary Elegance And Island Serenity. Situated In The Sought-after Hokulani Tower, This Fully Furnished Unit Is Designed For Effortless Living. Thoughtfully Upgraded With Premium Bosch Appliances, A Brand-new Ge...

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Boasting A Spectacular Location On Maui’s Weste...

REDUCED 2% Photo of Listing #407596

$970,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 10.1 Acres
  • 1,004 ft²

Residential

3445 Lower Honoapiilani Rd 516, Kaanapali, HI

MLS® #407596

Listed By: LT Hawaiian Properties LLC
Office Contact: Cell: 619-316-8558

Boasting A Spectacular Location On Maui’s Western Coast, This 2-bedroom/2 Bathroom Condo Provides A Dreamy Setting For A Family Or Group Vacation. Within Walking Distance To Restaurants, Grocery Stores, Shops And The Food Truck Scene This Rarely Available 2...

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Beautiful Remodeled Single Level 2-bedroom 2-ba...

REDUCED 4% Photo of Listing #407553

$1,345,000 Active Fee Simple

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

Residential

50 Puu Anoano St 1803, Kaanapali, HI

MLS® #407553

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-283-5166

Beautiful Remodeled Single Level 2-bedroom 2-bath Unit With No Interior Stairs. This Unit Is One Of The Rare Locations Requiring Only A Few Steps Down From The Parking Lot To The Front Door. Enjoy Stylish Indoor-outdoor Living, Enhanced With 3 Split Air Con...

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A Great Deal Of Care Was Placed In The Upgrades...

Photo of Listing #407533

$935,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 1.72 Acres
  • 647 ft²

Residential

106 Kaanapali Shores Pl 205, Kaanapali, HI

MLS® #407533

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

A Great Deal Of Care Was Placed In The Upgrades. The Sellers Have Invested In Many Updates, Including The Kitchen, Bathroom, Beautiful Offset Tile Flooring. The Apartment Is Furnished With Hawaiiana Rattan And Glass. The Moment You Walk Through The Front...

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Captivating Northwest Facing Views Of Kaanapali...

Photo of Listing #407509

$4,200,000 Active Fee Simple

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

Residential

50 Nohea Kai Dr 3-1103, Kaanapali, HI

MLS® #407509

Listed By: Keller Williams Realty Maui-Ka
Office Contact: Cell: 808-385-0882

Captivating Northwest Facing Views Of Kaanapali's Sandy Coastline, A Panorama Of A Glistening Pacific Ocean, And Kaanapali's Landmark Blackrock. The Spacious And Beautifully Appointed Living Room, Dining Room, And Both Bedrooms, A Wall Of Ocean Views. This ...

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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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