Kapalua Residential Update: November 1, 2022

Posted by Courtney M. Brown on Tuesday, November 1st, 2022 at 5:35pm.

Kapalua Resort, Maui: residential market update

Pineapple Hill Kapalua Home for SaleFeatured: 222 Crestview, a home for sale in Pineapple Hill, is listed by Courtney M. Brown

Kapalua Homes for Sale: Active and Pending Listings

Kapalua is comprised of several distinct communities, yet all flow together due to strong architectural and design guidelines: Pineapple Hill & Pineapple Hill Estates, Mahana Estates, Honolua Ridge, Plantation Estates Phases I and II, and Kapalua Place.  There are also three homes on oceanfront points within the Resort that aren't a part of a formal subdivision.

At the time of this post, there are just seven active listings and no pending sales.

Kapalua Homes for Sale:

Kapalua Homes for Sale 11.22

Homes for sale in Kapalua range from $4,250,0000 to $41,900,000.  They include four homes in Pineapple Hill & Pineapple Hill Estates, two in Plantation Estates and 9 Bay Drive, which is situated on an oceanfront peninsula overlooking Namalu Bay and neighbors the Montage Residences at Kapalua Bay.   

Kapalua Resort Home Sales YTD 2022 vs. Prior Years

Kapalua Home Sales

In 2022, we are seeing a trend toward longer days on market and a higher sales price/sq. ft.  That said when looking at the sales statistics, it's important to note some differences.

Summary of Homes Sold in 2022

Kapalua Home Sales 2022

The average sales price to list price is 97%.  There have been some sales at 100% of asking or above.  For example, newly constructed homes at Mahana Estates and two turn-key homes in Pineapple Hill and Pineapple Hill Estates.  There have also been homes to sell below asking, which tend to be older homes in Pineapple Hill and Plantation Estates, where some updates may be needed or desired, sold at 89-92% of asking. 

Note these figures do not include homes or land that aren't part of the Kapalua Resort Association

Kapalua's Residential Communities

PINEAPPLE HILL & PINEAPPLE HILL ESTATES

The four home listings in Pineapple Hill range from $4,250,000 to $6,495,000.  There have been seven home sales in Pineapple Hill that have ranged from $2,750,000 to $7,900,000.

There are three lot listings ranging from $1,075,000 to $1,895,000.  There have been five lot sales ranging from $879,000 to $1,500,000.

View Pineapple Hill & Pineapple Hill Estates Homes for Sale

View Pineapple Hill & Pineapple Hill Estates Land for Sale

PLANTATION ESTATES AT KAPALUA

There are two homes listed at $12,300,000 and $24,900,000.  There have been four sales this year, ranging from $5,425,000 to $7,500,000.

There are two lots listed at $1,795,000 and $2,250,000.  There have been three sales this year, ranging from $845,000 to $3,700,000 for a lot along the 18th fairway.

View Plantation Estates Homes for Sale

View Plantation Estates Land for Sale

HONOLUA RIDGE

In Honolua Ridge, there are no active home listings and there has been one home to sell at $5,300,000.

There is one lot listed at $2,950,000 and there have been six lot sales ranging from $1,163,000 to $2,795,000.

View Honolua Ridge Homes for Sale

View Honolua Ridge Land for Sale

MAHANA ESTATES

There are no active home listings at this time.  There have been two sales ranging from $4,750,000 to $4,800,000.

There are two lots listed at $1,895,000 and at $2,300,000.  There have been four lot sales ranging from $1,200,000 to $1,945,000.

View Mahana Estates Homes for Sale

View Mahana Estates Land for Sale

There are no active lot listings in Mahana Estates at the time of this post.

KAPALUA PLACE & OCEANFRONT HOMES

There is just one oceanfront home for sale in the Resort: 9 Bay Drive at $41,900,000.

There is just one remaining oceanfront lot in Kapalua, which sold in 2020 for $8,000,000 and $108/sq. ft.  It will likely soon be developed.

Prepared on 11.1.2022. Sales Data 1.1.2022 through 11.1.2022

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,

52 Properties Found. Page 4 of 9

230 Crestview Road Is One Of The Few Remaining ...

Photo of Listing #401010

$1,995,000 Active Fee Simple

  • 0.45 Acres

Land

230 Crestview Rd, Unit 15, Kapalua, HI

MLS® #401010

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-250-1583

230 Crestview Road Is One Of The Few Remaining Undeveloped Lots In Pineapple Hill Estates, Kapalua Resort's Prestigious Gated Residential Community. This Estate Site Offers Magnificent Ocean And Neighbor Island Views. Plans And Approved Building Permits Are...

Relax And Enjoy Hours Of Whale Watching In The ...

Photo of Listing #401005

$2,595,000 Pending Fee Simple

  • 2 Beds
  • 3 Baths
  • 21.08 Acres
  • 1,778 ft²

Residential

100 Ridge Rd, Unit 1714, Kapalua, HI

MLS® #401005

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-280-2255

Relax And Enjoy Hours Of Whale Watching In The Breath Taking Beauty Of This North Facing Ocean And Golf Course View 2 Bedroom, 3 Bath Villa. Expansive Views Looking Out To Honolua Bay And Overlooking The 1st Green And Fairway Of The Kapalua Bay Course And U...

Located At The End Of A Cul De Sac In Kapalua R...

Photo of Listing #400951

$5,995,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 0.23 Acres
  • 4,574 ft²

Residential

1008 Sunset Pl, Kapalua, HI

MLS® #400951

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...

Lot 50 In Gated Kapalua Mahana Estates Is Sold ...

REDUCED 9% Photo of Listing #400893

$1,995,000 Active Fee Simple

  • 1.51 Acres

Land

830 Mahana Ridge Pl, Unit 50, Kapalua, HI

MLS® #400893

Listed By: Hawaii Life (L)
Office Contact: Cell: 808-446-2657

Lot 50 In Gated Kapalua Mahana Estates Is Sold With Pre-approved Architectural Plans. You Are Invited To Seize The Opportunity Where Readiness And Potential Converge, Presenting A Pre-prepared Canvas For Your Architectural And Design Brilliance. This 1.5-...

This Oceanfront Penthouse Occupies A Prime Loca...

Photo of Listing #400821

$11,295,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,904 ft²

Residential

1 Bay Dr, Unit 1502, Kapalua, HI

MLS® #400821

Listed By: Compass
Office Contact: Cell: 808-283-3436

This Oceanfront Penthouse Occupies A Prime Location At Montage Kapalua Bay, Offering Breathtaking, Unobstructed Views Of The Sparkling, Sapphire Blue Waters Of The Pacific Ocean, And The Islands Of Lana'i And Moloka'i. Enjoy Kapalua’s Best With Picturesque ...

Montage Grand Residence Penthouse Ocean Front. ...

Photo of Listing #400786

$10,975,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,789 ft²

Residential

1 Bay Dr, Unit 1604, Kapalua, HI

MLS® #400786

Listed By: Compass
Office Contact: Cell: 808-283-3436

Montage Grand Residence Penthouse Ocean Front. Perched On The Top Floor With Unparalleled Views Of The Island Of Mokokai. Home Features 3 Bedrooms 3.5 Baths And And 2789 Square Foot Living Space. Turn Key Ready And Fully Furnished This Is Rare Opportunity...

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.

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

 

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