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 6 of 11

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 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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Kaanapali Shores Is A Beautiful Beachfront Prop...

Photo of Listing #406595

$774,900 Active Fee Simple

  • 1 Baths
  • 10 Acres
  • 507 ft²

Residential

3445 Lower Honoapiilani Rd 834, Kaanapali, HI

MLS® #406595

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

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 And Pickleball Court, A Full Service Restaurant, Shops, Gym, Coffee Bar And Bbq Area. Fabulous Sought ...

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Honua Kai’s Unit 530 In The Hokulani Tower Has ...

Photo of Listing #406801

$1,200,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 39.84 Acres
  • 765 ft²

Residential

130 Kai Malina Pkwy Sr530, Kaanapali, HI

MLS® #406801

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-2525

Honua Kai’s Unit 530 In The Hokulani Tower Has Everything You Are Looking For In A Beach Front Resort. This Well Cared 765sqft 1 Bedroom Unit Boasts Gorgeous Views Of The West Maui Mountains, An Open Floor Plan With Granite Counter Tops, Stainless Steel App...

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Kaanapali Shores 255 - Welcome To Your Dream Co...

REDUCED 11% Photo of Listing #406863

$999,000 Active Fee Simple

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

Residential

3445 Lower Honoapiilani Rd 255, Kaanapali, HI

MLS® #406863

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-2525

Kaanapali Shores 255 - Welcome To Your Dream Coastal Getaway! This Stunning Two-bedroom, Two-bath Unit Located In The Lowrise Building At Kaanapali Shores Resort Boasts Breathtaking Ocean Views From The Kitchen And Living Room, Creating A Tranquil Atmospher...

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Kaanapali Shores 530 - This Exquisite Fifth-flo...

Photo of Listing #406390

$695,000 Active Fee Simple

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

Residential

3445 Lower Honoapiilani Rd 530, Kaanapali, HI

MLS® #406390

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-2525

Kaanapali Shores 530 - This Exquisite Fifth-floor Ocean View One-bedroom One-bath Unit Is Situated In A Great Location At The Beachfront Resort Of Kaanapali Shores, Making It The Ideal Retreat For Both Family Vacations And Full-time Living. The Property Fea...

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Unit 108 At Maui Ka'anapali Villas Is A Beautif...

Photo of Listing #405591

$1,300,000 Active Fee Simple

  • 2 Beds
  • 2½ Baths
  • 37.9 Acres
  • 997 ft²

Residential

45 Kai Ala Dr A108, Kaanapali, HI

MLS® #405591

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

Unit 108 At Maui Ka'anapali Villas Is A Beautifully Furnished 2 Bedroom, 2.5 Bathroom Ground-floor Condo Located In The Sought-after Aloha Tower. This Spacious And Inviting Residence Combines The Ease Of Condominium Living With The Feel Of A Luxury Resort, ...

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Experience Resort Living At The Oceanfront Kaan...

Photo of Listing #407324

$249,000 Active Leasehold

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

Residential

3445 Lower Honoapiilani Rd 212, Kaanapali, HI

MLS® #407324

Listed By: Starts International Hawaii INC

Experience Resort Living At The Oceanfront Kaanapali Shores—one Of West Maui’s Most Beloved Destinations. This Turnkey, Leasehold Condo Is Actively Enrolled In The Kaanapali Shores Resort Rental Program, Offering Effortless, Professionally Managed Income Po...

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Perched Above The Lush Tropical Canopy In The K...

Photo of Listing #405959

$1,400,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 39.84 Acres
  • 615 ft²

Residential

130 Kai Malina Pkwy Nr930, Kaanapali, HI

MLS® #405959

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-205-5201

Perched Above The Lush Tropical Canopy In The Konea Tower At Honua Kai, This Beautifully Appointed One-bedroom, One-bath Residence Offers A Private Retreat Framed By The Dramatic Beauty Of The West Maui Mountains And Glimpses Of The Pacific Ocean. Rainbows ...

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Welcome To Unit 311 At Kaanapali Shores, A Beau...

Photo of Listing #405991

$877,950 Active Fee Simple

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

Residential

3445 Lower Honoapiilani Rd 311, Kaanapali, HI

MLS® #405991

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

Welcome To Unit 311 At Kaanapali Shores, A Beautifully Upgraded Ocean-view Condo Offering The Perfect Blend Of Comfort, Functionality, And Tropical Elegance. Located In One Of West Maui’s Most Sought-after Oceanfront Resorts, This Spacious Unit Is Ideal As ...

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Welcome To Your Oceanfront Paradise: Kaanapali ...

Photo of Listing #406760

$599,000 Active Leasehold

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

Residential

3445 Lower Honoapiilani Rd 941, Kaanapali, HI

MLS® #406760

Listed By: Real Broker LLC
Office Contact: Cell: 808-298-2030

Welcome To Your Oceanfront Paradise: Kaanapali Shores 941 Experience The Ultimate In Oceanfront Living Wake Up To The Serene And Panoramic Ocean Views From Your Penthouse Floor Condo At Kaanapali Shores. This 1-bedroom, 1-bathroom Leasehold Unit On The 9th...

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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 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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Kaanapali Shores 921 - Welcome To Your Stunning...

Photo of Listing #405175

$815,000 Active Fee Simple

  • 1 Baths
  • 10.1 Acres
  • 507 ft²

Residential

3445 Lower Honoapiilani Rd 921, Kaanapali, HI

MLS® #405175

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-2525

Kaanapali Shores 921 - Welcome To Your Stunning Ninth-floor Studio At Kaanapali Shores, Where Every Moment Feels Like A Vacation! This Beautifully Appointed Space Boasts Spectacular Views Of The Lush Courtyard And The Sparkling Ocean, Framed By The Enchanti...

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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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