Kapalua Real Estate: Residential Market Update September 2016
Posted
by Courtney M. Brown
on Wednesday, September 14th, 2016 at 9:13pm.
Kapalua Residential Real Estate Market Update
The Kapalua Resort offers many real estate ownership options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay. The following is a market overview for each market segment during the time period through today's posting.
Pineapple Hill and Pineapple Hill Estates Active Listings: 12 Price Range: $2,150,000 to $6,300,000 Average List Price: $3,537,791 Average LP/Sq. Ft.: $821 Average DOM: 258 Size Range: 3,522 sq. ft. to 8,172 sq. ft.
Pending Sales: 0
Sales 2016 YTD: 6 Price Range: $2,150,000 to $2,700,000 Average Sales Price: $2,353,333 Average SP/Sq. Ft.: $670 Average DOM: 275
Sales 2015 YTD: 7 Price Range: $1,975,000 to $3,350,000 Average Sales Price: $2,482,857 Average SP/Sq. Ft.: $623 Average DOM: 305
Honolua Ridge Active Listings: 2 Price Range: $4,395,000 to $4,995,000 Average List Price: $4,695,000 Average LP/Sq. Ft.: $849 Average DOM: 233 Size Range: 4,574 sq. ft. to 6,248 sq. ft.
Pending Sales: 0
Sales 2016 YTD: 2 Price Range: $4,850,000 to $4,950,000 Average Sales Price: $4,900,000 Average SP/Sq. Ft.: $920 Average DOM: 271
Sales 2015 YTD: 1 Price: $3,495,000 Average SP/Sq. Ft.: $876 Average DOM: 174
Plantation Estates Active Listings: 7 Price Range: $5,250,000 to $6,995,000 Average List Price: $5,953,571 Average LP/Sq. Ft.: $1,072 Average DOM: 133 Size Range: 4,118 sq. ft. to 8,179 sq. ft.
Pending Sales: 2 Price Range: $5,200,000 to $6,000,000 Average List Price: $5,600,000 Average LP/Sq. Ft.: $697 Average DOM: 269
Sales 2016 YTD: 1 Price: $6,470,000 Average SP/Sq. Ft.: $863 Average DOM: 44
Sales 2015 YTD: 2 Price Range: $3,575,000 to $5,700,000 Average Sales Price: $4,637,500 Average SP/Sq. Ft.: $920 Average DOM: 771
Kapalua Place Active Listings: 1 Price Range: $17,600,000 LP/Sq. Ft.: $2,355 Average DOM: 225 Size Range: 7,475 sq. ft.
Commentary: The broad range in prices (both active and sales) are reflective of several factors, not limited to neighborhood (each has its own set lot size ranges), proximity to the ocean, view and age of the home.
The homes in Pineapple Hill Phase I are limited to six footprints, and can range in age from 1989 to present day construction, and some homes are situated on more than one lot, which allows for a custom home. Pineapple Hill Estates lots are larger, and as the development was released in 2003, construction is, on average, newer. There are not the same floor plan limitations, though all must be single story with the exception of the top row.
Kapalua Place is the only beachfront residential community in Kapalua and offers just five oceanfront parcels in a community of eight residential lots.
Plantation Estates predates Honolua Ridge, which is actually annexed into the Plantation Estates Lot Owner's Association. Lots in Plantation Estates are a minimum of two acres, and have the advantage of being located on and around the Plantation Golf Course. Lot sizes in Honolua Ridge can be significantly larger (ranging upward to 30 acres). Please contact me with any questions regarding the Kapalua Residential Real Estate Market.
Overall 2016 YTD vs 2015 YTD: There were the same number of homes sold (10). Sales volume was up 33%, and the Average Sale Price was also up (+33%). Median Sale Price was down (-8%). The inventory of homes actively listed for sale in Kapalua is up slightly at 7%.
Listed By: Welcome Hawaii Properties Office Contact: Cell: 808-280-2480
Located In The Kapalua Resort, Mahana Estates Is A Gated Community In A Favored Position Between The Ritz Carlton And The World-famous Pga Plantation Golf Course. Sitting On 1.29 Acres Of Prime Ocean-view Land, 300 Mahana Ridge Is A 3,156 Sq. Ft. 4-bedroom,...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-250-1583
Boasting Nearly Ten Captivating Acres Of Oceanfront, 9 Bay Drive Is The Crown Jewel Of Conservation Land Known As Hawea Point In West Maui. Nestled Into The Prime Location Within Kapalua Resort, This Gated Legacy Property, Along With The Adjacent 12+ Acre O...
Listed By: Island Sotheby's Int'l Rlty(L) Office Contact: Cell: 808-205-5201
Nestled In The Prestigious Enclave Of Pineapple Hill Overlooking The 5th Fairway Of The Kapalua Bay Golf Course, 712 Fairway Drive Offers A Luxurious Retreat Amidst Maui's Breathtaking Natural Beauty. This Spacious Single-level Three-bedroom, Two-bath Plus ...
Listed By: Keller Williams Realty Maui-L Office Contact: Cell: 808-870-7736
This Under-construction Home Will Be The First Brand-new Home For Sale In Pineapple Hill In Over 12 Years. This Spacious, 4,150sf Cutting-edge, 4-bedroom Home With Upstairs And Downstairs Primary Bedrooms Is Located On One Of The Premier Lots In Pineapple H...
Listed By: Island Sotheby's Int'l Rlty(L) Office Contact: Cell: 808-298-3498
Set Within The Gated Pineapple Hill Subdivision In The Kapalua Resort, 110 Woodrose Place Features A 3,038 Square Foot 3 Bedroom, 3 And A Half Bath Home On A Lot Of 9,963 Square Feet. Attention To Detail And Quality Of Finishes Is Evident Throughout This F...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-250-1583
Located At The End Of A Cul De Sac In Kapalua Resort’s Prestigious Gated Community, Pineapple Hill, Is A Beautiful, Two-level Residence With Fabulous Ocean, Sunset And Neighboring Island Views. The Ground Level Features The Great Room, Formal Dining Area, K...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-250-1583
Located In Pineapple Hill Estates, Phase Ii, Kapalua Resort’s Prestigious Gated Community, This Custom-built, Single-level Residence Boasts Panoramic Ocean, Sunset, And Neighboring Island Views. With Just Under 5,000 Square Feet Of Living Space On Approxima...
Stunning Custom Island Home Located In Kapalua's Most Coveted Neighborhood, Pineapple Hill. This Luxurious Home Is Set Up For Indoor/outdoor Island Living With Pocket Sliders Extending The Spacious Indoor Living Space Flowing Out To The Expansive Lanai, Poo...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-250-1583
Built On A Secluded Double Lot At The End Of A Private Cul-de-sac In Kapalua Resort's Pineapple Hill Gated Community, Is The Prestigious Residence Known As Emerald Point. With More Than 7,000 Square Feet Of Living Space, Complemented With Spacious Covered O...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-250-1583
Embrace The Essence Of Private Island Living In This Beachfront Beauty Located In Exclusive Kapalua Resort On Kapalua Place, West Maui’s Only Gated Beachfront Residential Community. 7 Kapalua Place Is One Of Only Five Oceanfront Estates Located In This Magn...
Listed By: Welcome Hawaii Properties Office Contact: Cell: 808-280-2480
Located In The Kapalua Resort, Mahana Estates Is A Gated Community Sitting Between The Ritz Carlton And The World-famous Pga Plantation Golf Course. Sitting On 1.7 Acres Of Prime Ocean-view Land, 410 Mahana Ridge Is A Project That’s Been 3 Years In The Mak...
Listed By: Welcome Hawaii Properties Office Contact: Cell: 808-280-2480
Located In The Kapalua Resort, Mahana Estates Is A Gated Community Sitting Between The Ritz Carlton And The World-famous Pga Plantation Golf Course. Sitting On Nearly 2 Acres (1.99) Of Prime Ocean-view Land, 725 Laulama Place Will Be A Luxury Home With The...
