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
1 Ritz Carlton Dr, Unit 1221-23, Kapalua, HI
MLS® #406873
Listed By: Compass-W
Introducing Ritz Residential Suites 1221-23, A Luxurious, Generously Sized Two Bedroom/two Bath Located On The North Side Of The Resort Looking Towards Honolua Bay And The Spectacular West Maui Mountains. 1221-23 Is Configured As A "lock-off", Allowing The ...
Residential
1 Bay Dr, Unit 6302, Kapalua, HI
MLS® #406691
Listed By: Keller Williams Realty Maui-Ka
Office Contact: Cell: 808-385-0882
Hotel Zoned Turnkey Opportunity At The magnificent 5-star Montage Residences At Kapalua Bay. Secluded And Tranquil, Stand Alone Building 6, The Molokai Wing, Sits Conveniently Positioned With Its Own Separate Driveway To This Coastal Resort. Unit 6302, with...
Residential
1 Bay Dr, Unit 1103, Kapalua, HI
MLS® #406660
Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-359-4245
With Views Of Kapalua Bay And Year-round Sunsets, The Montage 1103 Is One Of The Most Sought-after Direct Oceanfront Locations In All Of Kapalua. This First-floor Single-level Residence Spans Over 2900 Sq Ft With 3 Bedrooms Plus A Den And Offers Breathtakin...
Residential
100 Ridge Rd, Unit 612, Kapalua, HI
MLS® #406663
Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-283-4922
Experience Resort Living In This Beautifully Updated 1br/2ba Ground-floor Condo At The Prestigious Kapalua Ridge Villas. With Over 1,125 Sq. Ft., This Turnkey Property Features Fresh Paint, Lvp Flooring, New Appliances, Washer/dryer, Smart Tvs, A/c Units, A...
Residential
1 Bay Dr, Unit 2202, Kapalua, HI
MLS® #406664
Listed By: West Maui Land Company Inc
Located In A Private And Serene Portion Of The Montage Residences Kapalua Bay, Unit 2202 Awaits Your Arrival! Conveniently Located On The Ground Floor, This Grand Residence 3-bedroom, Den, 3.5 Bathroom Property Is Centrally Located Between Kapalua Bay And O...
Residential
14 Coconut Grove Ln, Unit D14, Kapalua, HI
MLS® #406667
Listed By: Hawaii Life (L)
Office Contact: Cell: 808-280-4881
Welcome To Residence D14 At Coconut Grove On Kapalua Bay, A Rare Offering Of Unparalleled Beachfront Luxury In The Heart Of The World-renowned Kapalua Resort On Maui’s Spectacular West Side. This 3-bedroom, 3.5-bathroom Oceanfront Villa Spans 2,625 Square F...
Residential
500 Kapalua Dr, Unit 11t5, Kapalua, HI
MLS® #406650
Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-7736
Experience The Unparalleled Charm Of This One-of-a-kind 3-bedroom Kapalua Golf Villa. This Rare 1,750 Sf 3-bed, 3-bath Unit With Street-level Entrance Has Undergone A Complete Remodel Featuring Fire Sprinklers For Added Safety. Enjoy Spacious En Suite Bedro...
Residential
1 Bay Dr, Unit 4505, Kapalua, HI
MLS® #406396
Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 808-283-3436
Rare, Turnkey 5th Floor Elevation Hotel Residence At Montage Kapalua Bay- One Of The Highest Locations On The Property, Offering A "premier Oceanview Residence" Category. This Home Is Hotel-zoned For Nightly Rentals In A 5-star Resort Allowing Access To Mon...
Residential
100 Ridge Rd, Unit 1911-13, Kapalua, HI
MLS® #406259
Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-344-2677
Wait No More! One Of The Finest Single-level, 2-bedroom, 3-bathroom Properties In All Of The Kapalua Ridge Community Is Now Available For Your Enjoyment! Dramatic Ocean, Island & Honolua Ridge Views Await You From This Spacious, 2,114 Living Sq. Ft. Prope...
Residential
100 Ridge Rd, Unit 2612, Kapalua, HI
MLS® #406110
Listed By: Hawaii Life (L)
Office Contact: Cell: 808-280-4881
Ultra-modern Remodel | Ocean & Moloka‘i Views | Turnkey Luxury At Kapalua Resort. Experience Elevated Island Living In This Stunning 1-bedroom, 2-bathroom Ground Floor Residence At The Prestigious Kapalua Ridge Villas, Located Within The World-renowned Kapa...
Residential
1 Bay Dr, Unit 1205, Kapalua, HI
MLS® #406039
Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 808-283-3436
Nestled Within The Renowned Montage Kapalua Bay, This Exquisite, Newly Remodeled Oceanfront Residence Is Poised On A Premium Front Row Location In The Highly Sought-after Building One, Providing Unmatched Direct Beach Access, Phenomenal Ocean Views And Whal...
Residential
1 Bay Dr, Unit 2204, Kapalua, HI
MLS® #406017
Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 808-283-3436
Welcome To Residence 2204 At Montage Kapalua Bay– Your Coastal Retreat. This Exquisite Home Offers An Open Concept Living Area With A Gracious Lanai And Bbq Area, Providing Breathtaking Ocean Views And Whale Watching Right Outside Your Door. It's Exceptiona...
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