Kapalua Resort Market Update: December 6, 2022

Posted by Courtney M. Brown on Tuesday, December 6th, 2022 at 2:01pm.

KAPALUA MARKET UPDATE: December 6, 2022

Pineapple Hill Lot for Sale

Featured Listing: 322 Cook Pine Drive is a lot listed in Pineapple Hill

Kapalua Condominiums, Homes and Land

Kapalua Condominiums

Kapalua 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.

How does the market through December 6, 2022 stack up for each community?

KAPALUA CONDOS 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 61 145 40 61 45 53
Volume $142,880,500 $298,816,781 $68,616,500 $124,027,800 $92,832,112 $108,098,787
Low Sales Price $940,000 $600,000 $600,000 $595,000 $575,000 $530,000
High Sales Price $8,000,000 $13,295,000 $4,200,000 $7,950,000 $8,950,000 $6,475,000
Average SP $2,342,303 $2,060,805 $1,715,437 $2,033,242 $2,062,935 $2,039,599
Average SP/Sq. Ft. $1,463 $1,154 $1,000 $1,028 $1,026 $1,056
Average DOM 95 177 165 213 208 264
Average SP/LP 99% 97% 94% 96% 97% 96%

Coconut Grove on Kapalua Bay

Active Listings: 1
Coconut Grove 24 is a 3B/3.5B Floor Plan 4 offered for sale at $6,995,000. 
View Coconut Grove Kapalua units for sale

Pending Sales: 0

Coconut Grove 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 2 6 0 0 0 4
Sales Volume $10,990 $29,000,000 0 0 0 $18,950,000
Low Sales Price $5,300,000 $3,700,000 NA NA NA $4,500,000
High Sales Price $5,690,000 $6,250,000 NA NA NA $5,000,000
Average Sales Price $5,495,000 $4,833,333 NA NA NA $4,737,500
Average SP/Sq. Ft. $2,240 $1,883 NA NA NA $1,866
Average DOM 67 154 NA NA NA 64
Average SP/LP 93% 97% NA NA NA 95%

Kapalua Ironwoods*

Active Listings: 0
Pending Sales: 0

Kapalua Ironwoods 12.6. 2022 2021 2020 2019 2018 2017
Number of Sales 4 5 4 1 1 0
Sales Volume $16,750,000 $17,020,000 $12,050,000 $2,300,000 $3,000,000 0
Low Sales Price $2,300,000 $1,500,000 $1,150,000 $2,300,000 $3,000,000 NA
High Sales Price $6,250,000 $4,150,000 $4,200,000 $2,300,000 $3,000,000 NA
Average Sales Price $4,187,500 $3,404,000 $3,012,500 $2,300,000 $3,000,000 NA
Average SP/Sq. Ft. $1,729 $1,634 $1,412 $1,065 $1,391 NA
Average DOM 149 320 124 671 204 NA
Average SP/LP 95% 92% 88% 93% 92% NA

*Note Ironwoods 102 was purchased by Pacaso and has been sold off in 1/4 interests.  Those listings and sales are not accounted for in these figures.

Kapalua Bay Villas

Active Listings: 2
Kapalua Bay Villa 37G1 is a 1B/2B listed at $1,475,000
Kapalua Bay Villa 17G4 is a 1B/1B listed at $1,500,000
View Kapalua Bay Villas for Sale

Pending Sales: 1
Kapalua Bay Villa 16B2-4 is a 2B/2B listed at $2,900,000

KAPALUA BAY VILLAS 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 9 30 7 14 7 11
Sales Volume $14,799,000 $41,089,500 $7,538,000 $15,032,500 $7,621,250 $11,758,800
Low Sales Price $1,300,000 $755,000 $675,000 $800,000 $800,000 $725,000
High Sales Price $3,200,000 $2,900,000 $1,900,000 $1,485,000 $1,600,000 $1,725,000
Average Sales Price $1,642,111 $1,369,650 $1,076,857 $1,073,750 $1,088,750 $1,068,982
Average SP/Sq. Ft. $1,452 $1,104 $876 $287 $872 $882
Average DOM 62 232 149 287 258 287
Average SP/LP 100% 97% 92% 93% 95% 93%

Kapalua Golf Villas

Active Listings: 3
Kapalua Golf Villa 17T8 is a 1B/2B listed for $1,300,00
Kapalua Golf Villa 21T1-2 is a 1B/2B listed for $1,435,000
Kapalua Golf Villa 25P3-4 is a 2B/2B listed for $1,700,000
View Kapalua Golf Villas for Sale

Pending Sales: 0

KAPALUA GOLF VILLAS 12.6.2022 2021 2020 2019 2018 2017
Sales 21 44 9 9 13 21
Volume $27,773,500 $42,071,750  $7,441,500  $15,248,872  $10,645,400  $15,900,099 
Low SP $940,000 $600,000  $600,000  $595,000  $575,000  $530,000 
High SP $1,949,000 $1,400,000  $1,200,000  $1,010,000  $1,200,000  $960,000 
Average SP $1,332,548 $956,176  $826,833  $802,572  $818,877  $757,148 
Average SP/Sq. Ft $1,205 $856  $749  $677  $678  $694 
Average DOM 81 122 124 165 155 351
Average SP/LP 100% 99% 94% 97% 98% 96%

Kapalua Ridge Villas

Active Listings: 0

Pending Sales: 1
Kapalua Ridge Villa 1223-24 is a 2B/3B pending at a list price of $1,750,000

KAPALUA RIDGE VILLAS 12.6.2022 2021 2020 2019 2018 2017
Sales 11 28 8 6 6 2
Volume $15,554,000 $31,301,998 $8,776,500 $4,904,000 $6,090,500 $2,400,000
Low SP $1,250,000 $775,000 $650,000 $650,000 $849,000 $950,000
High SP $1,900,000 $1,700,000 $1,487,500 $1,487,500 $1,487,500 $1,450,000
Average SP $1,414,000 $1,117,929 $1,097,063 $817,333 $1,097,063 $1,200,000
Average SP/Sq. Ft $1,179 $813 $701 $653 $701 $762
Average DOM 65 165 222 253 230 164
SP/LP 100% 97% 96% 96% 97% 97%

Montage Residences Kapalua Bay

Active Listings: 3
Montage Residences Kapalua Bay 4502 is a 3B/3.5B Hotel Residence listed at $4,595,000
Montage Residences Kapalua Bay 2302 is a 3B/3.5B Grand Residence listed at $5,600,000
Montage Residences Kapalua Bay 1203 is a 3B/3.5B Grand Residence listed at $9,800,000
View Montage Residences Kapalua Bay for Sale

Pending Sales: 1
Montage Residences Kapalua Bay 2206 is a 3B/3.5B Grand Residence listed at $3,800,000

MONTAGE RESIDENCES 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 10 27 9 21 12 12
Sales Volume $49,605,000 $128,678,533 $28,939,000 $86,445,000 $58,780,074 $54,388,000
Low Sales Price $3,000,000 $2,695,000 $2,750,000 $2,400,000 $3,495,000 $3,125,000
High Sales Price $8,000,000 $13,295,000 $4,159,000 $7,950,000 $8,950,000 $6,475,000
Average Sales Price $4,960,500 $4,765,872 $3,215,444 $4,116,429 $4,898,340 $4,532,333
Average SP/Sq. Ft. $2,027 $1,742 $1,407 $1,556 $1,572 $1,582
Average DOM 151 152 170 173 230 100
Average SP/LP 97% 98% 99% 97% 100% 99%

Ritz-Carlton Kapalua Residences 

Active Listings: 4
Ritz-Carlton Residences Kapalua 1712 is a 1B/1B Residence listed at $1,680,000
Ritz-Carlton Residences Kapalua 1806-08 is a 2B/2B Residence listed at $3,500,000
Ritz-Carlton Residences Kapalua 1226-28 is a 2B/2B Residence listed at $3,750,000
Ritz-Carlton Residences Kapalua 1426-28 is a 2B/2B Residence listed at $4,250,000
View Ritz-Carlton Residences Kapalua for Sale

Pending Sales: 0

RITZ-CARLTON RESIDENCES 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 4 5 3 1 6 3
Sales Volume $7,429,000 $9,655,000 $3,872,500 $900,000 $6,694,888 $4,701,888
Low Sales Price $990,000 $945,000 $735,000 $900,000 $830,000 $790,000
High Sales Price $2,800,000 $2,800,000 $2,300,000 $900,000 $1,400,000 $2,100,000
Average Sales Price $1,857,250 $1,931,000 $1,290,833 $900,000 $1,115,815 $1,567,296
Average SP/Sq. Ft. $1,557 $1,446 $1,065 $1,034 $1,093 $1,233
Average DOM 161 448 216 203 207 262
Average SP/LP 102% 97% 88% 92% 90% 94%

Kapalua's Residential Communities

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.

KAPALUA HOMES SOLD 

KAPALUA HOMES 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 14 29 17 18 8 8
Volume $74,700,000 $144,197,500 $90,787,000 $47,954,020 $30,943,300 $20,920,000
Low Sales Price $2,750,000 $2,062,500 $1,600,000 $1,489,020 $1,970,000 $1,750,000
High Sales Price $7,900,000 $15,000,000 $24,000,000 $6,000,000 $12,000,000 $3,550,000
Average SP $5,335,714 $4,972,327 $5,240,411 $2,664,112 $3,867,913 $2,615,000
Average SP/Sq. ft. $1,112 $982 $1,063 $715 $755 $663
Average DOM 193 227 151 270 355 184
Average SP/LP 97% 94% 91% 92% 89% 93%

KAPALUA LAND SOLD 

SOLD 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 17 58 8 2 0 5
Sales Volume $27,694,500 $65,265,000 $13,925,000 $3,150,000   $5,779,000
Low Sales Price $845,000 $700,000 $850,000 $1,300,000   $715,000
High Sales Price $3,700,000 $2,600,000 $8,000,000 $1,850,000   $1,400,000
Average Sales Price $1,644,971 $1,135,259 $1,740,625 $1,575,000   $963,167
Average SP/Sq. ft. $40 $17 $32 $23   $6
Average DOM 209 178 284 60   471
Average SP/LP 97% 95% 89% 100%   82%

PINEAPPLE HILL & PINEAPPLE HILL ESTATES

Pineapple Hill & Pineapple Hill Estates Homes

Active Listings: 1
1000 Sunset is a 4B/4.5B home listed at $4,550,000
View Pineapple Hill & Pineapple Hill Estates Homes for Sale

Pending Sales: 3
708 Fairway is a 3B/3.5B home pending at a list price of $4,250,000
116 Pulelehua is a 4B/4.5B home pending at list price of $4,995,000
222 Crestview is a 4B/4.5B pending at a list price of $6,495,000

SOLD 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 7 15 10  15 4 6
Volume $35,575,000 $46,012,500 $27,187,000 $35,834,020 $9,550,000 $15,145,000
Low Sales Price $2,750,000 $2,062,500 $1,600,000 $1,489,020 $1,970,000 $1,750,000
High Sales Price $7,900,000 $4,850,000 $3,750,000 $3,200,000 $2,680,000 $3,550,000
Average SP $5,082,142 $3,067,500 $2,718,700 $2,388,935 $2,387,500 $2,524,167
Average SP/Sq. ft. $1,023 $768 $696  $692 $588 $680
Average DOM 134 160 137  262 325 219
Average SP/LP 96% 95% 95% 94% 92% 93%

Pineapple Hill & Pineapple Hill Estates Land

Active Listings: 3
322 Cook Pine is listed at $995,000
1010 Sunset is listed at $1,100,000
103 Pulelehua is listed at $1,895,000
Featured Listing: Click to view 322 Cook Pine Drive

Pending Sales: 0

SOLD 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 5 2 1 0 0 0
Low Sales Price $879,000 $1,195,000 $950,000 NA NA NA
High Sales Price $1,500,000 $1,305,000 $950,000 NA NA NA
Average Sales Price $1,157,400 $1,250,000 $950,000 NA NA NA
Average SP/Sq. ft. $101 $62 $87 NA NA NA
Average DOM 204 143 314 NA NA NA
Average SP/LP 100% 100% 90% NA NA NA

PLANTATION ESTATES AT KAPALUA

Plantation Estates Homes

Active Listings: 2
301 Plantation Estates Drive is a 4B/4.5B home listed at $12,300,000
203 Plantation Club Drive is a 6B/7.5B home listed at $24,900,000
View Plantation Estates Homes for Sale

Pending Sales: 0

SOLD 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 4 6 3 1 1 1
Volume $24,225,000 $32,635,000 $13,850,000 $6,000,000 $3,000,050 $3,200,000
Low Sales Price $5,425,000 $4,025,000 $3,750,000 $6,000,000 $3,000,050 $3,200,000
High Sales Price $7,500,000 $10,100,000 $5,650,000 $6,000,000 $3,000,050 $3,200,000
Average SP $6,056,250 $5,439,167 $4,616,667 $6,000,000 $3,000,050 $3,200,000
Average SP/Sq. ft. $920 $933 $1,006 $972 $463 $914
Average DOM 306 258 70 215 372 108
Average SP/LP 96% 93% 92% 81% 83% 100%

Plantation Estates Land

Active Listings: 1
219 Plantation Club Drive is listed at $2,250,000

Pending Sales: 1
705 Mokuleia is listed at $1,745,000

SOLD 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 3 5 2 0 0 2
Volume $6,245,000 $7,965,000 $1,700,000 0 0 $2,174,000
Low Sales Price $845,000 $975,000 $800,000 NA NA $875,000
High Sales Price $3,700,000 $2,600,000 $900,000 NA NA $1,299,000
Average SP $2,081,667 $1,593,000 $850,000 NA NA $1,087,000
Average SP/Sq. ft. $20 $15 $9 NA NA $12
Average DOM 506 226 53 NA NA 211
Average SP/LP 93% 97% 81% NA NA 84%

HONOLUA RIDGE

Honolua Ridge Homes

Active Listings: 0
Pending Sales: 0

SOLD 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 1 4 1 2 2 1
Volume $5,300,000 $25,500,000 $3,850,000 $6,120,000 $6,393,250 $2,575,000
Low Sales Price $5,300,000 $5,000,000 $3,850,000 $2,850,000 $3,000,000 $2,575,000
High Sales Price $5,300,000 $8,700,000 $3,850,000 $3,270,000 $3,393,250 $2,575,000
Average SP $5,300,000 $6,375,000 $3,850,000 $3,060,000 $3,196,625 $2,575,000
Average SP/Sq. ft. $1,493 $1,175 $1,036 $759 $811 $306
Average DOM $95 276 40 352 167 48
Average SP/LP 97% 94% 91% 89% 89% 86%

Honolua Ridge Land

Active Listings: 1
83 Keoawa is listed at $2,950,000

Pending Sales: 0

SOLD 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 6 9 1 0 0 4
Volume $11,837,500 $13,365,000 $850,000 0 0 $3,605,000
Low Sales Price $1,163,000 $805,000 $850,000 NA NA $715,000
High Sales Price $2,795,000 $2,000,000 $850,000 NA NA $1,400,000
Average SP $1,972,917 $1,485,000 $850,000 NA NA $901,250
Average SP/Sq. ft. $7 $7 $5 NA NA $3
Average DOM 133 227 360 NA NA 601
Average SP/LP 97% 92% 95% NA NA 81%

MAHANA ESTATES

Mahana Estates Homes

Active Listings: 1
100 Hawane is a 4B/4.5B listed at $8,000,000
View Mahana Estates Homes for Sale

Pending Sales: 0

SOLD 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 2 1 1 0 0 0
Volume $9,600,000 $5,250,000 $6,400,000 0 0 0
Low Sales Price $4,750,000 $5,250,000 $6,400,000 NA NA NA
High Sales Price $8,850,000 $5,250,000 $6,400,000 NA NA NA
Average SP $4,800,000 $5,250,000 $6,400,000 NA NA NA
Average SP/Sq. ft. $1,617 $1,229 $1,634 NA NA NA
Average DOM 224 52 122 NA NA NA
Average SP/LP 100% 99% 77% NA NA NA

Mahana Estates Land

Active Listings: 1
725 Laulima is listed at $2,300,000

Pending Sales: 1
0 Uki Uki is pending sale at $1,895,000

SOLD 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 4 42 3 2 0 0
Volume $5,795,000 $41,435,000 $2,425,000 $3,150,000 0 0
Low Sales Price $1,200,000 $700,000 $800,000 $1,300,000 NA NA
High Sales Price $1,945,000 $2,150,000 $825,000 $1,850,000 NA NA
Average SP $1,448,750 $986,548 $808,333 $1,575,000 NA NA
Average SP/Sq. ft. $23 $17 $12 $23 NA NA
Average DOM 128 163 157 60 NA NA
Average SP/LP 96% 94% 95% 10000% NA NA

KAPALUA PLACE & OCEANFRONT HOMES

Active listings: 1
9 Bay Drive is an oceanfront 7B/10B home on 9.63 acres listed at $41,900,000

SOLD 12.6.2022 2021 2020 2019 2018 2017
Number of Sales 0 3   0 1 0
Volume 0 $34,800,000 $39,500,000 0 $12,000,000 0
Low Sales Price NA $8,700,000 $15,500,000 NA $12,000,000 NA
High Sales Price NA $15,000,000 $24,000,000 NA $12,000,000 NA
Average SP NA $11,600,000 $19,750,000 NA $12,000,000 NA
Average SP/Sq. ft. NA $1,809 $2,975 NA $1,605 NA
Average DOM NA 489 425 NA 833 NA
Average SP/LP NA 93% 79% NA 80% NA

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.

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,

68 Properties Found. Page 8 of 12

Get Ready To Fall In Love! This Direct Oceanfro...

REDUCED 2% Photo of Listing #404285

$2,850,000 Active Fee Simple

  • 2 Beds
  • 3 Baths
  • 16.45 Acres
  • 1,447 ft²

Residential

500 Bay Dr, Unit 28b2, Kapalua, HI

MLS® #404285

Listed By: Real Broker LLC
Office Contact: hawaiisbest1@gmail.com

Get Ready To Fall In Love! This Direct Oceanfront Condominium At The Exclusive Kapalua Bay Villas Is More Than Just A Home—it's A Front-row Seat To The Stunning Beauty Of Maui, Hawaii. Whether You're Sipping Your Morning Coffee Or Unwinding At Sunset, The B...

View Listing

Located Along The Kapalua Coast, This Oceanfron...

Photo of Listing #404203

$3,200,000 Active Fee Simple

  • 2 Beds
  • 3 Baths
  • 16.45 Acres
  • 1,503 ft²

Residential

500 Bay Dr, Unit 23b3, Kapalua, HI

MLS® #404203

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-250-0210

Located Along The Kapalua Coast, This Oceanfront Bay Villa Features Breathtaking, Unobstructed Views Of The Pacific Ocean, Molokai, And The Dramatic Coastline. With No Stairs To Access, This Is A Rare Single-level, Two-bedroom Villa--one Of Only Six Located...

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Ritz Carlton Kapalua 2 Bedroom, 2 Bath Luxury S...

Photo of Listing #404140

$3,200,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 2.15 Acres
  • 1,333 ft²

Residential

1 Ritz Carlton Dr, Unit 1714-16, Kapalua, HI

MLS® #404140

Listed By: Seven Signatures International

Ritz Carlton Kapalua 2 Bedroom, 2 Bath Luxury Suite. Appliances Include Sub-zero Refrigerator/freezer And Sub-zero Wine Cooler. Enjoy Your Vacations At This 5 Star Ritz Carlton Resort And Rent When You're Not In Residence. Lock-off Capability Gives The Flex...

View Listing

Oceanfront Opportunity With Expansive Views Tow...

REDUCED 14% Photo of Listing #403977

$1,550,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 16.45 Acres
  • 1,126 ft²

Residential

500 Bay Dr, Unit 36g-4, Kapalua, HI

MLS® #403977

Listed By: Lowson & Associates
Office Contact: laurie@lowson.com

Oceanfront Opportunity With Expansive Views Toward Molokai, Plantation And Hawea Point. This One Bedroom, One Bath Unit Comes With A Bonus Den For Additional Living Space. Walk Out Onto Your Lawn With Beach Chairs And Watch The Sunset Year-round From Lanai ...

View Listing

Ocean View, Kapalua Bay Villa 1 Bed 1 Bath, The...

REDUCED 3% Photo of Listing #403930

$1,525,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 16.45 Acres
  • 1,006 ft²

Residential

500 Bay Dr, Unit 19-b4, Kapalua, HI

MLS® #403930

Listed By: Keller Williams Realty Maui-Ka
Office Contact: Cell: 808-276-7878

Ocean View, Kapalua Bay Villa 1 Bed 1 Bath, The Epitome Of Luxurious Bliss. Sought After Beachfront Property, Has Been Tastefully Remodeled In 2024, Highly Sought After Bridge Level Entry, "no Stairs". Living Room, Dining Area, And Lanai Gives You Views ...

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Arguably, The Best Located Unit At The Kapalua ...

Photo of Listing #403909

$3,699,000 Active Fee Simple

  • 2 Beds
  • 3 Baths
  • 16.45 Acres
  • 1,529 ft²

Residential

500 Bay Dr, Unit 22 G 123, Kapalua, HI

MLS® #403909

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-276-6061

Arguably, The Best Located Unit At The Kapalua Bay Villas, This Ground Floor Luxury Condominium, In Building 22, Is Located The Closest Proximity To The Ocean, And Been Updated Beautifully. Attention To Detail In All Of The Finishes, Makes This Dream Home ...

View Listing

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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