Kaanapali Resort Condominium Market Update: Q2 | 2023

Posted by Courtney M. Brown on Thursday, July 27th, 2023 at 12:48pm.

KAANAPALI CONDOMINIUM MARKET UPDATE: Q2 2023 

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 Q2 2023 2022 2021 2020 2019 2018
Number of Sales 39 148 237 159 168 173
Volume $66,617,900 $247,257,475 $321,700,298 $212,877,531 $205,331,916 $191,084,387
Low Sales Price $600,000 $325,000 $318,000 $319,000 $240,000 $159,000
High Sales Price $5,525,000 $5,899,000 $5,400,000 $3,300,000 $4,995,000 $5,725,000
Median $1,500,000 $1,412,500 $995,000 $1,050,000 $952,500 $801,000
Average SP $1,708,151 $1,670,659 $1,357,385 $1,338,852 $1,222,214 $1,104,534
Average SP/Sq. Ft. $1,597 $1,486 $1,158 $955 $1,010 $955
Average DOM 111 90 127 248 218 170
Average SP/LP 97% 98% 98% 96% 97% 96%
There are a mix of leasehold and fee simple condominiums in Kaanapali      

How does the market through the second quarter of 2023 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 Q2 2023 2022 2021 2020 2019 2018
Sales 11 45 63 72 57 40
Volume $24,458,000 $112,632,875 $121,182,648 $137,972,250 $91,809,500 $64,235,287
Low SP $1,220,000 $1,150,000 $807,500 $735,000 $774,000 $695,000
High SP $5,525,000 $5,899,000 $5,400,000 $3,199,000 $3,300,000 $5,725,000
Median SP $1,975,000 $1,900,000 $1,550,000 $2,119,750 $1,700,000 $1,120,000
Average SP $2,223,455 $2,502,953 $1,923,534 $1,916,281 $1,610,693 $1,605,882
Average SP/Sq. Ft $2,184 $2,154 $1,498 $1,139 $1,190 $1,357
Average DOM 119 97 137 404 318 117
Average SP/LP 97% 98% 98% 98% 98% 98%

International Colony Club

International Colony Club condos for sale

 

International Colony Club Q2 2023 2022 2021 2020 2019 2018
Sales 0 0 5 1 1 9
Volume 0 0 $3,150,000 $575,000 $618,000 $4,749,500
Low SP NA NA $600,000 $575,000 $618,000 $388,500
High SP NA NA $680,000 $575,000 $618,000 $640,000
Median SP NA NA $620,000 $575,000 $618,000 $501,000
Average SP NA NA $630,000 $575,000 $618,000 $527,722
Average SP/Sq. Ft NA NA $556 $614 $445 $495
Average DOM NA NA 143 127 237 268
Average SP/LP NA NA 100% 96% 98% 93%

 

Kaanapali Alii

Kaanapali Alii condos for sale

Kaanapali Alii Q2 2023 2022 2021 2020 2019 2018
Sales 3 12 27 9 16 15
Volume $8,450,000.00 $31,841,600 $66,456,000 $18,215,000 $39,230,000 $39,762,000
Low SP $2,350,000.00 $1,020,000* $918,000* $1,200,000 $1,100,000 $1,200,000
High SP $3,650,000.00 $4,596,600 $5,000,000 $3,300,000 $4,995,000 $4,800,000
Median SP $2,700,000.00 $2,387,500 $2,300,000 $1,700,000 $2,147,500 $2,525,000
Average SP $2,816,667.00 $2,653,467 $2,461,333 $2,023,889 $2,451,875 $2,650,000
Average SP/Sq. Ft $1,832.00 $1,739 $1,595 $1,248 $1,560 $1,655
Average DOM 57 97 125 129 213 202
Average SP/LP 98.00% 96% 97% 92% 95% 94%

 

Kaanapali Plantation

Kaanapali Plantation condos for sale

Kaanapali Plantation Q2 2023 2022 2021 2020 2019 2018
Sales 1 9 11 4 3 5
Volume $1,375,000.00 $11,244,000 $8,570,250 $3,190,000 $2,039,000 $3,455,000
Low SP $1,375,000.00 $860,000 $448,000 $755,000 $629,000 $625,000
High SP $1,375,000.00 $1,500,000 $1,200,000 $870,000 $780,000 $765,000
Median SP $1,375,000.00 $1,325,000 $731,250 $782,500 $630,000 $675,000
Average SP $1,375,000.00 $1,249,333 $779,114 $797,500 $679,667 $691,000
Average SP/Sq. Ft $1,194.00 $979 $595 $558 $544 $573
Average DOM 77 60 129 127 $282 66
Average SP/LP 92% 97% 98% 95% 97% 99%

 

Kaanapali Royal

Kaanapali Royal condos for sale

Kaanapali Royal Q2 2023 2022 2021 2020 2019 2018
Sales 1 2 3 6 9 7
Volume $1,750,000 $2,455,000 $2,792,000 $4,372,500 $6,997,750 $5,462,200
Low SP $1,750,000 $1,160,000 $820,000 $350,000* $705,000 $710,000
High SP $1,750,000 $1,295,000 $1,100,000 $850,000 $864,750 $875,000
Median SP $1,750,000 $1,227,500 $872,000 $795,000 $765,000 $785,000
Average SP $1,750,000 $1,227,500 $930,667 $728,750 $777,528 $780,314
Average SP/Sq. Ft $1,010 $805 $571 $478 $504 $511
Average DOM 70 35 99 99 101 122
Average SP/LP 89% 108% 103% 97% 97% 99%
* Leasehold sales in 2017 and 2020          

 

Kaanapali Shores

Kaanapali Shores condos for sale

 

Kaanapali Shores Q2 2023 2022 2021 2020 2019 2018 2017
Sales 9 29 33 15 15 33 24
Volume $10,049,900 $26,657,500 $25,358,000 $9,727,381 $9,938,167 $18,452,900 $13,891,140
Low SP $650,000* $325,000* $318,000* $320,000* $365,000 $159,000* $200,000*
High SP $2,500,000 $2,360,000 $2,125,000 $950,000 $997,000 $1,780,000 $1,554,840
Median SP $950,000 $810,000 $700,000 $645,000 $557,500 $553,000 $520,000
Average SP $1,116,656 $919,224 $768,424 $635,159 $621,135 $559,179 $578,798
Average SP/Sq. Ft $1,252 $1,098 $931 $781 $830 $702 $708
Average DOM 126 91 145 142 117 165 167
Average SP/LP 97% 98% 98% 95% 97% 96% 96%
*There were leasehold sales every year.  Low is marked with the asterisk        

 

The Mahana at Kaanapali

The Mahana at Kaanapali condos for sale

Mahana Q2 2023 2022 2021 2020 2019 2018
Sales 6 21 12 5 9 11
Volume $9,357,500.00 $26,241,500 $14,372,400 $4,858,000 $8,302,000 $8,782,000
Low SP $1,175,000.00 $772,500 $725,000 $640,000 $625,000 $550,000
High SP $3,005,000.00 $2,300,000 $1,725,000 $1,650,000 $1,850,000 $990,000
Median SP $1,248,750.00 $1,160,000 $1,197,500 $880,000 $825,000 $825,000
Average SP $1,559,583.00 $1,249,595 $1,197,708 $971,600 $922,444 $798,364
Average SP/Sq. Ft $1,682.00 $1,591 $1,330 $1,314 $1,174 $1,135
Average DOM 130 78 253 161 140 77
Average SP/LP 98% 97% 97% 96% 98% 97%

 

Maui Eldorado

Maui Eldorado condos for sale

Maui Eldorado Q2 2023 2022 2021 2020 2019 2018
Sales 2 10 12 10 12 9
Volume $1,850,000.00 $7,011,000 $6,803,500 $4,302,500 $4,766,000 $3,044,012
Low SP $600,000.00 $415,000 $345,000 $240,000 $240,000 $210,000
High SP $1,250,000.00 $1,137,500 $965,000 $835,000 $835,000 $610,000
Median SP $925,000.00 $616,250 $460,750 $403,750 $332,500 $327,901
Average SP $925,000.00 $701,100 $566,958 $430,250 $397,167 $316,111
Average SP/Sq. Ft $746.53 $657 $559 $458 $458 $287
Average DOM 59.5 64 131 79 79 251
Average SP/LP 97.00% 101% 98% 96% 96% 91%

 

Maui Kaanapali Villas

Maui Kaanapali Villas condos for sale

 

Maui Kaanapali Villas Q2 2023 2022 2021 2020 2019 2018
Sales 0 6 15 10 5 12
Volume 0 $4,615,000 $9,598,900 $5,884,400 $3,695,000 $6,382,500
Low SP NA $400,000 $345,000 $432,500 $430,000 $285,000
High SP NA $1,100,000 $915,000 $799,000 $1,050,000 $1,797,000
Median SP NA $767,500 $625,000 $487,450 $760,000 $417,500
Average SP NA $769,167 $639,927 $588,440 $739,000 $531,875
Average SP/Sq. Ft NA $1,154 $985 $889 $932 $747
Average DOM NA 111 64 54 49 278
Average SP/LP NA 99% 98% 98% 100% 97%

 

Maui Kai

Maui Kai condos for sale

The Masters at Kaanapali Hillside

The Masters at Kaanapali Hillside condos for sale

 

Masters Q2 2023 2022 2021 2020 2019 2018
Sales 5 17 31 15 18 16
Volume $8,190,000.00 $25,371,000 $34,802,000 $13,586,500 $15,498,500 $17,310,000
Low SP $1,400,000.00 $900,000 $675,000 $575,000 $550,000 $540,000
High SP $1,990,000.00 $2,175,000 $1,929,000 $1,300,000 $1,400,000 $1,500,000
Median SP $1,500,000.00 $1,565,000 $1,107,000 $945,000 $852,000 $1,127,500
Average SP $1,638,000.00 $1,492,412 $1,122,645 $905,766 $861,028 $1,081,875
Average SP/Sq. Ft $1,074.00 $989 $796 $639 $660 $690
Average DOM 190 62 133 97 225 164
Average SP/LP 92.00% 100% 98% 95% 95% 93%

 

The Vintage at Kaanapali

The Vintage condos for sale

 

Vintage Q2 2023 2022 2021 2020 2019 2018
Sales 1 3 7 4 6 6
Volume $1,800,000 $5,190,000 $9,734,000 $4,573,000 $6,840,999 $6,445,000
Low SP $1,800,000 $1,200,000 $1,100,000 $950,000 $890,999 $801,000
High SP $1,800,000 $1,995,000 $1,620,000 $1,375,000 $1,425,000 $1,400,000
Median SP $1,800,000 $1,995,000 $1,360,000 $1,124,000 $1,125,000 $1,120,000
Average SP $1,800,000 $1,730,000 $1,390,571 $1,143,250 $1,140,167 $1,074,167
Average SP/Sq. Ft $890 $797 $693 $621 $610 $546
Average DOM 191 203 87 148 237 141
Average SP/LP 92% 97% 99% 96% 94% 95%

 

The Whaler at Kaanapali Beach

The Whaler at Kaanapali Beach condos for sale

Whaler Q2 2023 2022 2021* 2020 2019 2018
Sales 2 8 24 7 16 17
Volume $2,485,000 $14,931,500 $29,712,000 $7,480,000 $19,000,000 $19,765,000
Low SP $1,085,000 $1,080,000 $500,000 $795,000 $750,000 $620,000
High SP $1,400,000 $3,970,000 $3,650,000 $1,250,000 $2,750,000 $2,150,000
Median SP $1,242,500 $1,575,000 $945,500 $1,100,000 $945,000 $1,100,000
Average SP $1,242,500 $1,866,438 $1,238,000 $1,068,571 $1,187,500 $1,162,647
Average SP/Sq. Ft $2,292 $1,959 $1,524 $1,266 $1,380 $1,318
Average DOM $36 85 116 150 173 165
Average SP/LP 108% 98% 98% 91% 95% 94%
*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

126 Properties Found. Page 1 of 11

If You Wish To Purchase A Beautifully Upgraded,...

NEW Photo of Listing #407133

$1,170,000 Active Fee Simple

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

Residential

150 Puukolii Rd, Unit 52, Kaanapali, HI

MLS® #407133

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

If You Wish To Purchase A Beautifully Upgraded, Ground Floor, Corner Unit, Look No Further. The Location Of This Family Cherished Second Home, Is Unparalleled, And Includes Drop- Dead Gorgeous Views Of The Crystal-clear Pacific Ocean, Featuring The Friendly...

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Perched On The Shores Of North Kaanapali Beach,...

NEW Photo of Listing #407134

$850,000 Active Fee Simple

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

Residential

106 Kaanapali Shores Pl, Unit 805, Kaanapali, HI

MLS® #407134

Listed By: Epic Realty LLC

Perched On The Shores Of North Kaanapali Beach, Maui Kai 805 Offers Breathtaking Panoramic Views Of The Pacific With Molokai And Lanai On The Horizon. This Spacious 1-bedroom, 1-bath Condo Is Hotel-zoned, Meaning It Is Not Part Of The Proposed Short-term Re...

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Enjoy A Jaw-dropping Backdrop Of The Bright Blu...

NEW Photo of Listing #407127

$1,750,000 Active Fee Simple

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

Residential

50 Puu Anoano St, Unit 2804, Kaanapali, HI

MLS® #407127

Listed By: Compass-W

Enjoy A Jaw-dropping Backdrop Of The Bright Blue Ocean From This Pristine And Private Residence At The Prestigious Masters At The Kaanapali Hillside. Meticulously Renovated Down To The Studs, This Second-floor Condo Lives As A Home With Its Warm And Invitin...

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Ka'anapali Alii 2-305 Offers A Desirable 2bd/2b...

NEW Photo of Listing #407104

$2,995,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,650 ft²

Residential

50 Nohea Kai Dr, Unit 2-305, Kaanapali, HI

MLS® #407104

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

Ka'anapali Alii 2-305 Offers A Desirable 2bd/2ba Corner Floor Plan Captivating Views Of Both The Inner Courtyard And The Ocean. Updated With Granite Counters, Stainless Steel Appliances, And Tile Flooring Throughout. Hotel Zoned For Short-term Rentals, Comb...

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Kaanapali Alii Unit 2-401 Is A Spacious One-bed...

NEW Photo of Listing #407105

$2,495,000 Active Fee Simple

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

Residential

50 Nohea Kai Dr, Unit 2-401, Kaanapali, HI

MLS® #407105

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

Kaanapali Alii Unit 2-401 Is A Spacious One-bedroom Plus Den That Has Been Thoughtfully Converted Into A Second Bedroom. Ideally Located In The Inner Courtyard, This Residence Captures Stunning Ocean Views And The Serene Ambiance Of Resort Living. The Inter...

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Kaanapali Shores 930 - This Penthouse 9th Floor...

NEW Photo of Listing #407119

$858,000 Active Fee Simple

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

Residential

3445 Lower Honoapiilani Rd, Unit 930, Kaanapali, HI

MLS® #407119

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

Kaanapali Shores 930 - This Penthouse 9th Floor One-bedroom, One-bath Unit Offers Sensational Ocean Views Towards The Island Of Molokai. Kaanapali Shores Is A Beachfront Resort Ideal For Both Family Vacations And Full-time Living. The Property Features A B...

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Embrace Living The Island Life To The Fullest I...

NEW Photo of Listing #407096

$1,195,000 Active Fee Simple

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

Residential

150 Puukolii Rd, Unit 43, Kaanapali, HI

MLS® #407096

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-757-5996

Embrace Living The Island Life To The Fullest In This Completely Renovated Two-bedroom, Two-bathroom Ocean-view Condo Situated Above Legendary Kaanapali Beach. Located Within The Privacy Of This One-of-a-kind Complex Of 62 Units Spanning 10 Beautifully Land...

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Great Location On Kaanapali Hillside. The Maste...

NEW Photo of Listing #407086

$1,258,000 Active Fee Simple

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

Residential

50 Puu Anoano St, Unit 1501, Kaanapali, HI

MLS® #407086

Listed By: Maui No Ka Oi Properties

Great Location On Kaanapali Hillside. The Masters Is A Gated Community Which Sits On 38 Lush Tropical Acres With Two Swimming Pools, Two Hot Tubs, Tennis Courts And More. Spacious Grounds Meticulously Landscaped With Ocean And Sunset Views. This Is A Beaut...

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Live The True Essence Of What Maui Has To Offer...

NEW Photo of Listing #407078

$1,250,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 5.01 Acres
  • 854 ft²

Residential

110 Kaanapali Shores Pl, Unit 615, Kaanapali, HI

MLS® #407078

Listed By: Deep Blue HI

Live The True Essence Of What Maui Has To Offer. Welcome To The Mahana. This Beautifully Remodeled One-bedroom, Two-bath Condominium Is Located In One Of Maui’s Premier Oceanfront Resorts. Perfectly Positioned In The Heart Of Ka?anapali At The North End Of ...

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Discover This Beautifully Remodeled Studio Unit...

Photo of Listing #407044

$540,000 Active Leasehold

  • 1 Baths
  • 10.2 Acres
  • 570 ft²

Residential

2661 Kekaa Dr, Unit J-211, Kaanapali, HI

MLS® #407044

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

Discover This Beautifully Remodeled Studio Unit J-211 At Maui Eldorado, Offering Stunning Views Of The Golf Course. This Is A Leasehold Property In The Desirable J Building, You'll Enjoy Proximity To The Beach, With A Bonus Access To The Private Beach Caban...

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Luana Gardens Villa 17d Is Now Available To Pur...

Photo of Listing #406969

$3,590,000 Active Fee Simple

  • 3 Beds
  • 3 Baths
  • 38 Acres
  • 2,047 ft²

Residential

130 Kai Malina Pkwy, Unit 17d, Kaanapali, HI

MLS® #406969

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

Luana Gardens Villa 17d Is Now Available To Purchase! Rarely Offered, This Luxurious 3-bedroom, 3-bath Upper-level Villa Can Now Be Yours. Its Grandiose Size (2,047 Sq. Ft., With A 521 Sq. Ft. Lanai And Private Outdoor Kitchen) Exceeds Every Vacationers’ E...

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Welcome To Cottage 24, One Of Just 44 Free-stan...

Photo of Listing #406953

$1,975,000 Active Fee Simple

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

Residential

2750 Kalapu Dr, Unit 24, Kaanapali, HI

MLS® #406953

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-298-9768

Welcome To Cottage 24, One Of Just 44 Free-standing Units In The Exclusive International Colony Club. This Single-level, 2-bedroom, 2-bath Cottage Offers The Privacy And Feel Of A Single-family Residence In A Community Where Listings Seldom Come To Market. ...

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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 7/28/23.  The MLS data charts were changed from a rolling 12 months to a rolling 6 months of data.

Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty

 

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