KAPALUA MARKET UPDATE: Q1 2024

The view from Ironwoods 62, a highly upgraded ocean view residence, currently listed for sale

Kapalua Condominiums:  Q1 2024 and a historical summary of sales

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 Condo Market*

KAPALUA RESORT

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KAPALUA MARKET UPDATE: 2023 Year in Review

Photo of the Montage Kapalua Bay: Montage Residences 3704 is currently listed for sale
Image by HiFocused

Kapalua Condominiums:  2023 in Review

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 Condo Market*

KAPALUA RESORT

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Introducing 62 Ironwood Lane, The Ironwoods, Kapalua, Maui

Casual Elegance on the Kapalua Bay Course: An incomparable and casually elegant residence, this single-level rare gem offers beautiful ocean and golf course views. Situated within The Ironwoods—an exclusive gated enclave of only 40 units at the stunning Kapalua Resort—this home has been transformed into an artful masterpiece.

Meticulously Reimagined: In 2022, the current owners re-envisioned the space, taking it down to the bare studs and crafting a residence defined by its custom finishes and luxurious features.

 

Sophisticated Interiors: The home boasts Summit Peak Shenandoah white oiled oak flooring throughout, complemented by custom Schuler cabinetry with polished chrome

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Nestled in the Heart of Kapalua, Maui: Introducing Kapalua Golf Villa 25T6-7

 

Located at 500 Kapalua Drive #25T6-7, the Kapalua Golf Villas offers the opportunity to experience resort living immersed in the natural beauty of Kapalua. 

Escape to paradise with this exquisite two-bedroom Kapalua Golf Villa condominium! Whether you're a golfer seeking the perfect tee time or a beach lover craving the ultimate getaway, this vacation rentable condominium is your dream destination.

Location: Kapalua, Maui

Nestled in the prestigious Kapalua Resort, this fully-furnished villa is surrounded by the Kapalua Bay Course, immersed in Maui's tranquil beauty. Enjoy the convenience of being one of only six single-level two-bedroom residences with

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KAPALUA MARKET UPDATE: Homes and Land Sales through Q3 2023

The view from 310 Cook Pine Drive in Pineapple Hill, Kapalua which sold at $6,150,000

KAPALUA RESIDENTIAL & VACANT LAND MARKET UPDATE

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.

In the first three quarters of 2023, there were 10 home sales.  All but one were in Pineapple Hill and Pineapple Hill Estates.

Status

Address

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Island Acquisitions Kapalua has sold its Montage Kapalua Bay holdings to a Tenessee-based company, KWC Management LLC. 

KWC Management, LLC, a hospitality investment management company part of Kemmons Wilson Companies, has recently marked a significant milestone in its portfolio with the acquisition of Montage Kapalua Bay. The Maui property is the first Hawaii property in their portfolio, which includes hotels in CA, CO, DC,  FL, LA, NY, TN, UT, and WY that are managed by a variety of companies, with brands including the Holiday Inn, Hyatt, Marriott, Windham and Kimpton.

MONTAGE KAPALUA BAY OVERVIEW: Management: Originally developed in 2009 and branded a Ritz-Carlton Club and Residences, with both fractional and whole ownership options, the…

KAPALUA MARKET UPDATE: Activity through Q3 | 2023 

Kapalua Condominiums:  Market Update through Q3 | 2023

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 Condo Market*

KAPALUA RESORT CONDOS	Q3 2023	2022	2021	2020	2019	2018
Number of Sales	20

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Pineapple Hill & Pineapple Hill Estates Market Update: July 2023

310 Cook Pine, Pineapple Hill, Kapalua, Maui

I am pleased to announce the sale of 310 Cook Pine Drive in Pineapple Hill, Kapalua.  This spectacular home was beautifully remodeled in 2022-2023 and is the highest recorded sale for a home on a single lot in Pineapple Hill and Pineapple Hill Estates.  Historically, there have been three sales above this price that were for homes on double lots.  Two of these homes closed at $7,900,000 in 2022 and one at $9,150,000 in 2007.  This home went under contract within days of being listed and sold in just 63 days and sold for $1641/sq. ft.

2023 Key Sales Stats | Pineapple Hill & Pineapple Hill Estates Homes

Key Home Stats

2023

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KAPALUA MARKET UPDATE: Second Quarter 2023

The view from 330 Cook Pine Drive in Pineapple Hill, Kapalua

KAPALUA RESIDENTIAL & VACANT LAND MARKET UPDATE

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.

In the first two quarters of 2023, there were five home sales:

Address	Sold	Date	Beds	Baths	Sq. Ft.	Acres	DOM	$/Sq. Ft.	Subdivision	MLS #
708

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KAPALUA MARKET UPDATE: Activity through Q2 | 2023 

Kapalua Condominiums:  Market Update through Q2 | 2023

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 Condo Market*

KAPALUA RESORT CONDOS	Q2 2023	2022	2021	2020	2019	2018
Number of Sales	15

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