Introducing Kapalua Golf Villa 11T3-4: Overlooking Kapalua's Bay Course

The view overlooking Kapalua Bay Course and Napili Bay

This lovely condominium residence sits overlooking the 10th and 18th holes of the Kapalua Bay Course.  Oriented toward the West, the spacious lanai is perfected situated for watching the golfers come in, taking in the ocean, and watching Maui's spectacular sunsets.

Located on the entry level, this single level floor plan offers one bedroom, two baths, and a naturally lit flex room that is large enough for a twin bed or for an office.  The Golf Villas amenities include central air conditioning, a covered carport, four swimming pools, and BBQ areas. Building 11 enjoys a private location, yet is close to Pineapple Grill, the

Rare Offerings of Beachfront Homes and Lots in both Kaanapali and Kapalua

Kapalua Oceanfront and Beachfront Homes and Lots for Sale:

Unlike the Wailea/Makena area, there are to just eight oceanfront residential homesites that are a part of the Kapalua Resort:  five beachfront homesites at Kapalua Place, along with a home situated on Hawea Point, Alaelae Peninsula, and Mokuleia Point.

The quiet enclave of Kapalua Place is comprised of eight lots overlooking the white sandy beach of Oneloa Bay toward Molokai. The gated community was developed in 1989, with spacious homesites ranging from just over a half acre to 1.7 acres.

At the time of this post, there are four offerings at Kapalua Place, one homesite and three homes--all are beachfront. 

Introducing Kapalua Ironwoods #73: Stunning Oceanfront Condominium Residence for Sale

The view overlooking Kapalua Bay Course and Oneloa Bay

This exceptional condominium residence sits overlooking the fifth hole of the Kapalua Bay Course.  Known for it's breathtaking views, this is the signature hole for the course and one of it's most photographed locations.

Located on the top floor, the sheltered lanai provides an incredible vantage point to watch the golf, surf and sunset.  The townhouse style floor plan allows for an oceanfront master bedroom on the main level along with the kitchen, dining and living area.  A graceful curved stairwell leads you to the large second master (currently used as an office) and bath.  Etched glass by one of

MAUI REAL ESTATE STATISTICS: Jan-Sept 2017 vs. Jan-Sept 2016

THE CONDO AND HOME MARKETS | Key Metrics

Comparing key metrics through September 2017 Year Over Year with 2016:

While there are more new home listings, there were fewer new condo listings through Sept. 2017.  Other key indicators show increases in Pending Sales, Number of Sales, Median Sales Prices, and Average Sales Prices, while Days on Market till closing is down.  Our busy season begins in Mid Nov, tends to quiet down first two weeks of December, and then remains active

The Realtor's Association of Maui has released it's monthly report on Maui's real estate statistics for July 2017.   

While there are fewer properties to sell when compared with 2016 and inventory is down, the Median Sales Price is up.  For more information read: Maui Real Estate Statistics.

The resort market trends are also showing an upward trajectory, particularly condos in the resort areas of Wailea, Makena and Kapalua.  Condo and home sales are down in Kaanapali.  Home sales are also down in Kapalua, while up in Wailea.  Though it should be noted--with such a small sampling, the statistics can vary widely at any given time.  

To put it in perspective, there are 1877 condominiums and 1181 homesites in the Wailea Resort and 219

Image Courtesy of Getty Images and Sentry TOC

NEW TITLE SPONSOR FOR KAPALUA'S PGA TOUR TOURNAMENT OF CHAMPIONS AND PRO-AM INFORMATION

Sentry Insurance has signed a five year agreement as title sponsor for the PGA TOUR's premier event, the invitation only Tournament of Champions.

Golf's brightest and best flock to Maui each year for this winner's only tournament.  The defending champion is Justin Thomas (2017).  Past winners include Jordan Spieth (2016); Patrick Reed (2015); Zach Johnson (2014); and Dustin Johnson (2013).

The prestigious tournament dates back to to 1953, starting at Las Vegas’ Desert Inn Country Club, as an event for winners from the previous season. After moving from Las Vegas to California for thirty years, it finally settled

KAPALUA RESORT CONDO SALES: 

KAPALUA VILLAS & THE LUXURY CONDOMINIUM SECTOR

Comparing the YTD sales in the various Kapalua condominium communities, we are seeing increases in some areas and not in others. I have broken the graphs below into two segments: the Kapalua Villas (Bay, Ridge and Golf) and the Luxury Condominium Segment (Montage Residences, Kapalua Bay, Coconut Grove, Ironwoods and the Ritz-Carlton Residences).

KAPALUA RESORT CONDOMINIUM SALES: Key Metrics
CONDO SALES: January 1-July 31, 2017 vs. January 1- July 31, 2016

A Look at the Resort Markets as compared with the overall Maui Real Estate Market.

Maui's Resort Markets of Kaanapali, Kapalua, Wailea 

January 1-July 31, 2017 vs. January 1- July 31, 2016

Comparing the YTD sales in the resort markets with the same period in 2016, we are seeing more condo sales in Kapalua and Wailea and Makena, while in Kaanpali, condo sales is down. Inventory is increasing in the condo markets, with the exception of Wailea, which has an absorption rate of just 9.2 months.  Part of the substantial growth in the Kapalua Condominium Market can be attributed to sales at the Montage Residences Kapalua Bay with 3 sales ranging from $3.795-$6.475M (which is the highest condominium sale on record for 2017 on Maui), and Coconut Grove

The Plantation Estates, Kapalua, Maui

600 Honokohau: Undeveloped Land for Sale in the Plantation Estates, Kapalua

The golden rule of real estate is Location, Location, Location.  However, on Maui the location's value is enhanced by a rather intangible characteristic that varies based on personal preference: view.

Not all homesites are crated equally...this is particularly true here in Kapalua's Plantation Estates, where view is everything to a buyer and has a tremendous impact on valuations. Added to that are more subtle factors, such orientation with regard to the prevailing trade winds and the sunset, buildable area, and whether there will be a lot of site work involved. The ideal orientation for most in Kapalua is to face the channel between

Kapalua Condominium Sales: Market Spotlight on Coconut Grove Kapalua Bay and Montage Residences Kapalua Bay

For prospective buyers of luxury oceanfront condominium residences in Kapalua, the Coconut Grove Kapalua Bay and Montage Residences Kapalua Bay are often compared and considered for the similarity of size and their location overlooking Maui's much loved Kapalua Bay.  While both offer three bedroom and three bedroom plus den floor plans and are in similar price ranges, there are some very important differences: