Posted by Courtney M. Brown on Monday, July 17th, 2023 at 11:59am.
The Kapalua Resort is home to several different condominium communities, with offerings ranging from one to four-bedroom condominiums. The Kapalua Bay Villas, Kapalua Ironwoods, The Coconut Grove on Kapalua Bay, the Montage Residences Kapalua Bay and the Ritz-Carlton Kapalua Residences are all oceanfront properties nestled along the Kapalua Resort's spectacular shoreline. The Kapalua Ridge Villas and Kapalua Golf Villas both are located on the Kapalua Bay Course with ocean and golf course views.
| KAPALUA RESORT CONDOS | Q2 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Number of Sales | 15 | 62 | 145 | 40 | 61 | 45 |
| Volume | $39,474,000 | $145,775,500 | $298,816,781 | $68,617,500 | $124,027,800 | $92,832,112 |
| Low Sales Price | $1,250,000 | $940,000 | $600,000 | $600,000 | $595,000 | $575,000 |
| High Sales Price | $8,200,000 | $8,000,000 | $13,295,000 | $4,200,000 | $7,950,000 | $8,950,000 |
| Median | $1,695,000 | $1,455,000 | $1,220,000 | $1,162,500 | $1,050,000 | $1,031,250 |
| Average SP | $2,631,600 | $2,351,218 | $2,060,805 | $1,715,438 | $2,033,242 | $2,062,935 |
| Average SP/Sq. Ft. | $1,645 | $1,470 | $1,154 | $1,000 | $1,028 | $1,026 |
| Average DOM | 201 | 96 | 177 | 165 | 213 | 209 |
| Average SP/LP | 98% | 99% | 97% | 94% | 96% | 97% |
| *Does not include Napili Kai (Puna) Condos, Pailolo Place Condos, Montage Fractionals, or the Ironwoods fractional sale in 2022 | ||||||
View Coconut Grove Kapalua Condos for sale
| Coconut Grove | Q2 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 0 | 2 | 6 | 0 | 0 | 0 |
| Volume | 0 | $10,990,000 | 29,000,000 | 0 | 0 | 0 |
| Low SP | NA | $5,300,000 | 3,700,000 | NA | NA | NA |
| High SP | NA | $5,690,000 | 6,250,000 | NA | NA | NA |
| Median SP | NA | $5,495,000 | $4,750,000 | NA | NA | NA |
| Average SP | NA | $5,495,000 | 4,833,333 | NA | NA | NA |
| Average SP/Sq. Ft | NA | $2,240 | 1,883 | NA | NA | NA |
| Average DOM | NA | 67 | 154 | NA | NA | NA |
| Average SP/LP | NA | 93% | 97% | NA | NA | NA |
At the time of this post, there is just one listing and no pending sales or sales YTD:
| Status | Building Name | Unit | List Price | Beds | Baths | Sq. Ft. | DOM | $/Sq. Ft. |
| ACT | Coconut Grove | F24 | $6,750,000 | 3 | 3.5 | 2,783 | 237 | $2,425 |
In 2022, there were just two sales at Coconut Grove. The low sale was significantly higher than in 2021. The reason for this is that all sales in 2022 were oceanfront, while in 2021 there was a second-row sale. Note: in 2021 and 2022 combined there were 8 sales, which represents 22% of the inventory to change to new ownership.
View Kapalua Ironwoods Condos for Sale
| Kapalua Ironwoods | Q2 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 0 | 4 | 5 | 4 | 1 | 1 |
| Volume | 0 | $16,750,000 | $17,020,000 | $12,050,000 | $2,300,000 | $3,000,000 |
| Low SP | NA | $2,300,000 | $1,500,000 | $1,150,000 | $2,300,000 | $3,000,000 |
| High SP | NA | $6,250,000 | $4,150,000 | $4,200,000 | $2,300,000 | $3,000,000 |
| Median SP | NA | $4,100,000 | $4,020,000 | $3,350,000 | $2,300,000 | $3,000,000 |
| Average SP | NA | $4,187,500 | $3,404,000 | $3,012,500 | $2,300,000 | $3,000,000 |
| Average SP/Sq. Ft | NA | $1,729 | $1,634 | $1,412 | $1,065 | $1,391 |
| Average DOM | NA | 149 | 320 | 124 | 671 | 204 |
| Average SP/LP | NA | 95% | 92% | 88% | 93% | 92% |
*Note Ironwoods 102 was purchased by Pacaso and has been sold off in 1/4 interests. Those fractional interest sales are not accounted for in the above figures, but are reflected in the graph below. Since 2020 about 30% of the residences at the Ironwoods changed hands.
At the time of this post, there is just one listing:
| Status | Building Name | Unit | List Price | Beds | Baths | Sq. Ft. | DOM | $/Sq. Ft. | MLS # |
| ACT | Kapalua Ironwoods | 62 | $4,350,000 | 2 | 3 | 2,032 | 197 | $2,141 | 397779 |
There have been no pending sales or sales YTD in 2023. In 2022, the average sales price was buoyed by a record sale of a renovated oceanfront residence. The number of sales matched those in 2020.
View Kapalua Bay Villas Condos for Sale
| Kapalua Bay Villas | Q2 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 4 | 10 | 30 | 7 | 14 | 7 |
| Volume | $6,494,000 | $17,764,000 | $41,089,500 | $7,538,000 | $15,032,500 | $7,621,250 |
| Low SP | $1,399,000 | $1,300,000 | $755,000 | $675,000 | $800,000 | $800,000 |
| High SP | $1,900,000 | $3,200,000 | $2,900,000 | $1,900,000 | $1,485,000 | $1,600,000 |
| Median SP | $1,597,500 | $1,437,500 | $1,237,000 | $1,000,000 | $1,062,500 | $1,031,250 |
| Average SP | $1,623,500 | $1,776,400 | $1,369,650 | $1,076,857 | $1,073,750 | $1,088,750 |
| Average SP/Sq. Ft | $1,548 | $1,496 | $1,104 | $876 | $872 | $872 |
| Average DOM | 159 | 68 | 232 | 149 | 287 | 258 |
| Average SP/LP | 99% | 100% | 97% | 92% | 93% | 95% |
At the time of this post, there is just one listing and there have been four sales YTD
| Status | Building Name | Unit | List Price | Sold Price | Close Date | Beds | Baths | Sq. Ft. | DOM | $/Sq. Ft. | MLS # |
| PNDS | Kapalua Bay Villas | 32B3 | $1,750,000 | 1 | 1.5 | 995 | 20 | $1,759 | 399242 | ||
| SLD | Kapalua Bay Villas | 17B3 | $1,695,000 | $1,695,000 | 3/15/23 | 1 | 2 | 995 | 58 | $1,704 | 397877 |
| SLD | Kapalua Bay Villas | 37G-1 | $1,399,000 | $1,399,000 | 4/11/23 | 1 | 2 | 1,119 | 263 | $1,250 | 396509 |
| SLD | Kapalua Bay Villas | 35B2 | $1,950,000 | $1,900,000 | 4/14/23 | 1 | 2 | 1,087 | 60 | $1,748 | 398133 |
| SLD | Kapalua Bay Villas | 17G4 | $1,500,000 | $1,500,000 | 6/2/23 | 1 | 1 | 1,006 | 253 | $1,491 | 396995 |
In 2022, the Bay Villas also saw a record-high sale of an oceanfront villa. This also served to increase the average sales price. That said, the number of sales was much closer to 2020 figures.
View Kapalua Golf Villas Condos for Sale
| Kapalua Golf Villas | Q2 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 4 | 21 | 44 | 9 | 9 | 13 |
| Volume | $5,905,000 | $27,773,500 | $42,071,750 | $7,441,500 | $14,446,603 | $10,645,400 |
| Low SP | $1,250,000 | $940,000 | $600,000 | $600,000 | $595,000 | $575,000 |
| High SP | $1,675,000 | $1,949,000 | $1,400,000 | $1,200,000 | $1,010,000 | $1,200,000 |
| Median SP | $1,490,000.00 | $1,215,000.00 | $944,000 | $745,000 | $785,000 | 849,000 |
| Average SP | $1,476,250 | $1,332,548 | $956,176 | $826,833 | $802,572 | $818,877 |
| Average SP/Sq. Ft | $1,428 | $1,205 | $856 | $749 | $677 | $678 |
| Average DOM | 135 | 81 | 122 | 124 | 165 | 155 |
| Average SP/LP | 99% | 100% | 99% | 94% | 97% | 98% |
At the time of this post, there are two active listings and three pending sales. There have been four sales YTD.
| Status | Building Name | Unit | List Price | Sold Price | Close Date | Beds | Baths | Sq. Ft. | DOM | $/Sq. Ft. | MLS # |
| ACT | Kapalua Golf Villas | 19T4-5 | $1,385,000 | 1 | 2 | 972 | 173 | $1,424.90 | 397970 | ||
| ACT | Kapalua Golf Villas | 25-T6&7 | $1,895,000 | 2 | 2 | 1,344 | 129 | $1,409.97 | 398330 | ||
| PNDS | Kapalua Golf Villas | 18T3-4 | $1,265,000 | 1 | 2 | 972 | 16 | $1,301.44 | 399279 | ||
| PNDS | Kapalua Golf Villas | 27P7-8 | $1,895,000 | 2 | 2 | 1,344 | 89 | $1,409.97 | 398662 | ||
| PNDNS | Kapalua Golf Villas | 15P5&6 | $1,625,000 | 2 | 2 | 1,344 | 194 | $1,209.08 | 397798 | ||
| SLD | Kapalua Golf Villas | 25 P3-4 | $1,700,000 | $1,675,000 | 2/3/23 | 2 | 2 | 1,344 | 171 | $1,246.28 | 396733 |
| SLD | Kapalua Golf Villas | 21T1-2 | $1,385,000 | $1,385,000 | 2/17/23 | 1 | 2 | 972 | 112 | $1,424.90 | 397242 |
| SLD | Kapalua Golf Villas | 17T8 | $1,285,000 | $1,250,000 | 4/21/23 | 1 | 2 | 987 | 186 | $1,266.46 | 397171 |
| SLD | Kapalua Golf Villas | 23V2 | $1,595,000 | $1,595,000 | 6/30/23 | 1 | 2 | 899 | 72 | $1,774.19 | 398654 |
View Kapalua Ridge Villas Condos for sale
| Kapalua Ridge Villas | Q2 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 2 | 11 | 28 | 8 | 6 | 6 |
| Volume | $3,975,000 | $15,554,000 | $31,301,998 | $8,776,500 | $4,904,000 | $6,090,500 |
| Low SP | $1,750,000 | $1,250,000 | $775,000 | $650,000 | $650,000 | $849,000 |
| High SP | $2,225,000 | $1,900,000 | $1,700,000 | $1,487,500 | $1,100,000 | $1,500,000 |
| Median SP | $1,987,500 | $1,375,000 | $1,097,000 | $1,135,000 | $780,000 | $920,750 |
| Average SP | $1,987,500 | $1,414,000 | $1,117,929 | $1,097,063 | $817,333 | $1,015,083 |
| Average SP/Sq. Ft | $1,124 | $1,179 | $813 | $701 | $653 | $737 |
| Average DOM | 51 | 65 | 165 | 222 | 263 | 215 |
| Average SP/LP | 99% | 100% | 97% | 96% | 98% | 97% |
At the time of this post, there are two active listings and two pending sales at The Ridge. There have been two sales YTD.
| Status | Building Name | Unit | List Price | Sold Price | Close Date | Beds | Baths | Sq. Ft. | DOM | $/Sq. Ft. |
| ACT | Kapalua Ridge | 2122 | $1,495,000 | 1 | 2 | 1,150 | 56 | $1,300 | ||
| ACT | Kapalua Ridge | 1512 | $1,500,000 | 1 | 2 | 1,125 | 35 | $1,333 | ||
| PNDS | Kapalua Ridge | 724 | $1,389,000 | 1 | 2 | 1,125 | 67 | $1,235 | ||
| PNDS | Kapalua Ridge | 1611-13 | $1,950,000 | 2 | 3 | 1,778 | 129 | $1,097 | ||
| SLD | Kapalua Ridge | 1223-24 | $1,750,000 | $1,750,000 | 2/1/23 | 2 | 3 | 1,756 | 65 | $997 |
| SLD | Kapalua Ridge | 2911-13 | $2,250,000 | $2,225,000 | 3/22/23 | 2 | 3 | 1,778 | 37 | $1,251 |
In 2022, similar to other properties, the available inventory at the Ridge Villas was quite limited. The sale of a two bedroom villa set a record high of $1,900,000.
View Montage Residences Kapalua Bay Condos for Sale
| Montage Kapalua Bay | Q2 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 4 | 10 | 27 | 9 | 21 | 12 |
| Volume | $21,550,000 | $49,605,000 | $128,678,533 | $28,939,000 | $86,445,000 | $58,780,074 |
| Low SP | $3,650,000 | $3,000,000 | $2,695,000 | $2,750,000 | $2,400,000 | $3,495,000 |
| High SP | $8,200,000 | $8,000,000 | $13,295,000 | $4,159,000 | $7,950,000 | $8,950,000 |
| Median SP | $4,850,000 | $4,600,000 | $4,145,000 | $2,995,000 | $3,595,000 | $4,422,500 |
| Average SP | $5,387,500 | $4,960,500 | $4,765,872 | $3,215,444 | $4,116,429 | $4,898,340 |
| Average SP/Sq. Ft | $2,074 | $2,027 | $1,742 | $1,407 | $1,556 | $1,572 |
| Average DOM | 513 | 151 | 152 | 170 | 173 | 230 |
| Average SP/LP | 97% | 97% | 98% | 99% | 97% | 100% |
At the time of this post, there are three active listings and no pending sales at the Montage Kapalua Bay. There have been four sales YTD.
| Status | Building Name | Unit | List Price | Sold Price | Close Date | Beds | Baths | Sq. Ft. | DOM | $/Sq. Ft. | MLS # |
| ACT | Montage Residences Kapalua Bay | 4201 | $4,750,000 | 3 | 3.5 | 2,065 | 5 | $2,300 | 399361 | ||
| ACT | Montage Residences Kapalua Bay | 1204 | $8,195,000 | 3 | 3.5 | 2,789 | 167 | $2,938 | 398325 | ||
| ACT | Montage Residences Kapalua Bay | 1103 | $12,500,000 | 3 | 3.5 | 2,904 | 71 | $4,304 | 398817 | ||
| SLD | Montage Residences Kapalua Bay | 2206 | $3,800,000 | $3,650,000 | 2/21/23 | 3 | 3.5 | 2,904 | 974 | $1,257 | 387459 |
| SLD | Montage Residences Kapalua Bay | 4503 | $4,595,000 | $4,450,000 | 5/1/23 | 3 | 3.5 | 2,079 | 201 | $2,140 | 397124 |
| SLD | Montage Residences Kapalua Bay | 1203 | $8,795,000 | $8,200,000 | 6/13/23 | 3 | 3.5 | 2,904 | 363 | $2,824 | 396141 |
| SLD | Montage Residences Kapalua Bay | 3501 | $5,250,000 | $5,250,000 | 6/14/23 | 3 | 3.5 | 2,065 | 40 | $2,542 | 398797 |
While the record high sale was in 2021, the average sales price did increase at Montage as did the average sales price/sq. ft. It is noteworthy that the high sale in 2021 was a four bedroom residence. With only eight ever built, these seldom come up, but when they do sell, they command a high price that does impact the average sales price and price per sq. ft. as they are directly oceanfront residences that often command a higher price. The number of sales was similar to 2020, but the volume was significantly higher.
View Ritz-Carlton Residences Kapalua Condos for Sale
| Ritz-Carlton Residences | Q2 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 1 | 4 | 5 | 3 | 1 | 6 |
| Volume | $1,550,000 | $7,429,000 | $9,655,000 | $3,872,500 | $900,000 | $6,694,888 |
| Low SP | $1,550,000 | $990,000 | $945,000 | $735,000 | $900,000 | $830,000 |
| High SP | $1,550,000 | $2,800,000 | $2,800,000 | $2,300,000 | $900,000 | $1,400,000 |
| Median SP | $1,550,000 | $1,820,000 | $1,800,000 | $837,500 | $900,000 | $1,082,444 |
| Average SP | $1,550,000 | $1,857,250 | $1,931,000 | $1,290,833 | $900,000 | $1,115,815 |
| Average SP/Sq. Ft | $1,765 | $1,557 | $1,446 | $1,065 | $1,034 | $1,093 |
| Average DOM | 162 | 161 | 448 | 216 | 203 | 207 |
| Average SP/LP | 92% | 102% | 97% | 88% | 92% | 90% |
At the time of this post, there are four active listings at the Ritz-Carlton, Kapalua. YTD there has been one sale.
| Status | Building Name | Unit | List Price | Sold Price | Close Date | Beds | Baths | Sq. Ft. | DOM | $/Sq. Ft. | MLS # |
| ACT | The Ritz Carlton Residences | 1601 | $1,685,000 | 1 | 1 | 872 | 118 | $1,932.34 | 398419 | ||
| ACT | The Ritz Carlton Residences | 1614-1616 | $3,650,000 | 2 | 2 | 1,333 | 107 | $2,738.18 | 398516 | ||
| ACT | The Ritz Carlton Residences | 1226-1228 | $3,675,000 | 2 | 2 | 1,477 | 243 | $2,488.15 | 397394 | ||
| ACT | The Ritz Carlton Residences | 1626 | $8,900,000 | 2 | 2.5 | 2,558 | 16 | $3,479.28 | 399288 | ||
| SLD | The Ritz Carlton Residences | 1712 | $1,680,000 | $1,550,000 | 4/5/23 | 1 | 1 | 878 | 162 | $1,765.38 | 397227 |
The Ritz-Carlton Kapalua also saw an increase in the average sales price/sq. ft. with an increase in the sales price to list price ratio as well in 2022.
If you are thinking of buying or selling in Kapalua, please contact Courtney M. Brown for more detailed information on the market at each of these Kapalua communities,
Residential
500 Bay Dr 36-b3, Kapalua, HI
MLS® #409062
Listed By: Source Hawaii Realty
Your Maui Dream Is Here! Welcome To Kapalua Bay Villas 36b3—ideally Positioned In The Highly Sought-after Building 36, The Southernmost Of The Ocean-facing Buildings, Offering Truly Panoramic Ocean Views. This Two-story, One-bedroom Villa Features A Full B...
Residential
100 Ridge Rd 2622, Kapalua, HI
MLS® #409050
Listed By: Keller Williams Realty Maui-Ki
Office Contact: Cell: 808-281-1320
Set Within The Prestigious Kapalua Resort, Ridge Villa 2622 Offers Breathtaking Ocean Views And Effortless Access To Maui's Most Celebrated Beaches, Championship Golf Courses, Award Winning Restaurants And Coastal Trails. A Beautifully Appointed 1-bedroom, ...
Residential
100 Ridge Rd 2914, Kapalua, HI
MLS® #409053
Listed By: Ridge Realty Rentals LLC
Rare Frontline Kapalua Ridge Resort Villa With Sweeping Ocean And Moloka‘i Views, Set Along Kapalua’s Dramatic Northwest Coastline In One Of The Community’s Most Coveted Locations. Beautifully Designer-furnished And Turnkey, This Exceptional 1b/2b Villa Fea...
Residential
1 Ritz Carlton Dr 1614-1616, Kapalua, HI
MLS® #409031
Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-214-4492
Experience Luxury Resort Living At The Ritz-carlton Maui, Kapalua. This Two-bedroom Residence (units 1614/1616) Offers A Flexible Two-bedroom Lockoff Configuration That Can Accommodate Up To Six Guests And Has Partial Ocean Views. The Primary Bedroom Featur...
Residential
100 Ridge Rd 1223,24, Kapalua, HI
MLS® #408998
Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-463-2445
This Two-bedroom, Three-bath Condominium Overlooks The 3rd Fairway Of The Kapalua Bay Golf Course And Offers Southwest-facing Views Of The Pacific Ocean. The Unit Includes A Covered Carport And A Private Outdoor Storage Closet For Added Convenience. Recent...
Residential
100 Ridge Rd 1723 24, Kapalua, HI
MLS® #408836
Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-250-1583
Perched At The Top Of The Ridge At Kapalua, This 3-bedroom Unit Offers The Ultimate Combination Of Stunning Ocean Views, Luxurious Space, And Modern Decor. Remodeled In 2016/2017, This Unit Has Been Primarily Used As A Second Home, But It Is Also A Highly S...
Residential
52 Ironwood Ln 52, Kapalua, HI
MLS® #408840
Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-250-0210
Welcome To The Ironwoods, An Oceanfront Enclave In The Heart Of The Kapalua Resort. This Beautifully Renovated 3-bedroom, 3-bath Condominium Is Positioned Directly On The Bluff With Commanding Views Of The Pacific And The Bay Course. This Exceptional Resi...
Residential
500 Bay Dr 29-g5, Kapalua, HI
MLS® #408534
Listed By: Hawaii Life (W)
Office Contact: Cell: 808-283-2222
Feel The Warm Island Breeze And The Sparkle Of The Pacific The Moment You Enter This Beautifully Remodeled Oceanfront 1-bedroom, 1.5-bath Villa In The Gated Community Of Kapalua Bay Villas. Bathed In Natural Light And Designed With A Sophisticated Hawaiian...
Residential
1 Ritz Carlton Dr 1626, Kapalua, HI
MLS® #408511
Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-870-7060
Wow! The Only Penthouse At The Ritz Carlton Kapalua Is Now Available! This Very Unique Condominium Apartment Encompasses The Entire Oceanside Top Floor Of The North Tower With Approximately 2,558 Square Feet Of Interior Living Plus A Lanai Of Approximatel...
Residential
500 Kapalua Dr 14t 1-2, Kapalua, HI
MLS® #408506
Listed By: Maui Life Realty
Office Contact: Cell: 808-670-3520
Discover Refined Island Living In This Thoughtfully Designed One-bedroom, Two-bath Golf Residence Within The Highly Regarded Kapalua Golf Villas. Among The Largest One-bedroom Floor Plans On Maui, This Main-level Condo Lives Larger Than Its Designation. The...
Residential
500 Kapalua Dr 19t6-7, Kapalua, HI
MLS® #408441
Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-283-4922
Welcome To A Truly Unique Opportunity Within The World-famous Kapalua Resort, Maui, Where An Exceptional Luxury Property With Sweeping Oceanviews Awaits, Featuring A Coveted Single-level Floor Plan With Virtually No Stairs—a Rarity In The Kapalua Real Estat...
Residential
500 Kapalua Dr 20p 5-6, Kapalua, HI
MLS® #408414
Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-457-0604
This 2 Bedroom. 2 Bath Ground Floor Villa Has Been Updated And Has Two Primary Master Suites And 1344 Sq.ft.. Situated In Building 20, You Will Enjoy Great Views Of The Island Of Molokai And Wonderful Sunset Views Almost All Year Long. There Are 4 Pools And...
Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. Interested parties are advised to do their own due diligence and confirm all figures contained herein.
*Kapalua Resort data contained in the search is pulled from the Maui MLS using a map search which is outlined to include condominiums in the Kapalua Resort. It does not include condominium data for the condominiums at Napili Kai or Pailolo Place which fall within the MLS District of Kapalua but are not part of the Kapalua Resort. Stats on other sites may pull different data if not excluding these areas.
This blog was updated on 7/28/23 and the interactive charts from the MLS were changed from rolling year of data to rolling 6 months.
Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty