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 7 of 9

This Exquisitely Furnished Residence Offers Lux...

REDUCED 5% Photo of Listing #400442

$7,500,000 Active Fee Simple

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

Residential

1 Bay Dr, Unit 1204, Kapalua, HI

MLS® #400442

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

This Exquisitely Furnished Residence Offers Luxury Resort-style Living, Elevating The Experience Of Coastal Elegance To New Heights. With Direct Oceanfront Access And A Walkout To A Tropical, Grassy Lawn Area, This Second-floor Elevation Home Presents An In...

Located Perfectly Along The Kapalua Bay Golf Co...

REDUCED 7% Photo of Listing #400427

$1,300,000 Pending Fee Simple

  • 1 Beds
  • 2 Baths
  • 15.84 Acres
  • 972 ft²

Residential

500 Kapalua Dr, Unit 24t3-4, Kapalua, HI

MLS® #400427

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-214-4799

Located Perfectly Along The Kapalua Bay Golf Course, The Kapalua Golf Villas Offer One Of The Best Locations For A Short-term Rentable Condo Anywhere On Maui. This Unit In Building 24 Fully Captures An Incredible Ocean View Framed By The Outer Islands Of La...

Built On A Secluded Double Lot At The End Of A ...

REDUCED 10% Photo of Listing #400328

$8,950,000 Active Fee Simple

  • 6 Beds
  • Baths
  • 0.62 Acres
  • 7,448 ft²

Residential

1216 Summer Rd, Kapalua, HI

MLS® #400328

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...

Refreshed, Repriced And Ready For Your Final To...

Photo of Listing #400310

$6,295,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 11.13 Acres
  • 2,783 ft²

Residential

24 Coconut Grove Ln, Unit 24, Kapalua, HI

MLS® #400310

Listed By: Compass
Office Contact: Cell: 808-214-0302

Refreshed, Repriced And Ready For Your Final Touch! Being Offered For The First Time By The Original Occupants, 24 Coconut Grove Represents A Rare Opportunity On Maui To Own A Pre-eminent Luxury Beachfront Condominium. Coconut Grove Is A Private Community N...

Nestled On The Kapalua Bay Course, This Beautif...

Photo of Listing #400301

$1,874,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 15.84 Acres
  • 1,344 ft²

Residential

500 Kapalua Dr, Unit 25t6-7, Kapalua, HI

MLS® #400301

Listed By: Island Sotheby's Int'l Rlty(L)
Office Contact: Cell: 808-250-0210

Nestled On The Kapalua Bay Course, This Beautifully Upgraded Golf Villa Is Perched On The 5th Tee With Sweeping Views Of The Golf Course And The Pacific Ocean. This Villa Offers The Ultimate Blend Of Comfort, Convenience, And Island-style Elegance. The Sp...

Embrace The Essence Of Private Island Living In...

Photo of Listing #400304

$19,500,000 Active Fee Simple

  • 6 Beds
  • Baths
  • 0.65 Acres
  • 7,810 ft²

Residential

7 Kapalua Pl, Kapalua, HI

MLS® #400304

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...

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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