Kapaua Resort Residential Market Update: Homes and Land Sales through Q3, 2023

Posted by Courtney M. Brown on Friday, November 17th, 2023 at 4:39pm.

KAPALUA MARKET UPDATE: Homes and Land Sales through Q3 2023

Pineapple Hill home salesThe 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 List Price Sold Price  SP/LP Date Beds Baths Sq. Ft. Acres DOM $/Sq. Ft. Built Community MLS
SLD 708 Fairway Dr $4,250,000 $4,150,000 98% 1/5/23 3 3.5 3,400 0.20 69 $1,221 1988 Pineapple Hill 397252
SLD 222 Crestview Rd $6,495,000 $5,775,000 89% 1/6/23 4 4.5 4,265 0.48 153 $1,354 2005 Pineapple Hill Estates 396647
SLD 116 Pulelehua St $4,995,000 $4,300,000 86% 5/12/23 4 4.5 4,081 0.47 250 $1,054 2003 Pineapple Hill Estates 396881
SLD 205 Plantation Club  $7,900,000 $7,680,000 97% 6/15/23 5 5.5 6,068 3.29 42 $1,266 2001 Plantation Estates 398796
SLD 708 Fairway Dr $4,500,000 $4,400,000 98% 6/27/23 3 3.5 3,238 0.20 43 $1,359 1988 Pineapple Hill 398877
SLD 1000 Sunset Pl $3,500,000 $2,975,000 85% 7/14/23 4 4.5 3,386 0.31 312 $879 1990 Pineapple Hill 396884
SLD 518 Pacific Dr $3,850,000 $3,550,000 92% 7/20/23 4 4 3,357 0.22 91 $1,057 2002 Pineapple Hill 398665
SLD 310 Cook Pine Dr $6,250,000 $6,150,000 98% 7/28/23 3 3.5 3,748 0.24 63 $1,641 1998 Pineapple Hill 398983
SLD 105 Pulelehua St $4,100,000 $4,000,000 98% 9/6/23 3 3.5 3,851 0.46 236 $1,039 2002 Pineapple Hill Estates 397856
SLD 330 Cook Pine Dr $6,495,000 $6,450,000 99% 9/15/23 4 4.5 4,723 0.49 172 $1,366 1990 Pineapple Hill 398466

KAPALUA HOME SALES BY COMMUNITY:  Q3 | 2023 and a 5 Year Overview

PINEAPPLE HILL & PINEAPPLE HILL ESTATES

View Pineapple Hill & Pineapple Hill Estates Homes for sale

Pineapple Hill Homes Q3 2023 2022 2021 2020 2019 2018
Number of Sales 9 7 15 10  15 4
Volume $41,750,000 $35,575,000 $46,012,500 $27,187,000 $35,834,020 $9,550,000
Low SP $4,150,000 $2,750,000 $2,062,500 $1,600,000 $1,489,020 $1,970,000
High SP $6,450,000 $7,900,000 $4,850,000 $3,750,000 $3,200,000 $2,680,000
Median SP $4,300,000 $4,825,000 $2,700,000 $2,625,000 $2,300,000 $2,450,000
Average SP $4,638,889 $5,082,142 $3,067,500 $2,718,700 $2,388,935 $2,387,500
Average SP/Sq. Ft. $1,219 $1,023 $768 $696  $692 $588
Average DOM 154 134 160 137  262 325
Average SP/LP 94% 96% 95% 95% 94% 92%

 

PLANTATION ESTATES AT KAPALUA HOMES

View Plantation Estates Homes for Sale

Plantation Estates Homes Q3 2023 2022 2021 2020 2019 2018
Number of Sales 1 4 6 3 1 1
Volume $7,680,000 $24,225,000 $32,635,000 $13,850,000 $6,000,000 $3,000,500
Low SP $7,680,000 $5,425,000 $4,025,000 $3,750,000 $6,000,000 $3,000,500
High SP $7,680,000 $7,500,000 $10,100,000 $5,650,000 $6,000,000 $3,000,500
Median SP $7,680,000 $5,650,000 $4,490,000 $4,490,000 $6,000,000 $3,000,500
Average SP $7,680,000 $6,056,250 $5,439,167 $4,616,667 $6,000,000 $3,000,500
Average SP/Sq. Ft. $1,266 $920 $933 $1,006 $972 $463
Average DOM 42 306 258 70 215 372
Average SP/LP 97% 96% 93% 92% 81% 83%

 

HONOLUA RIDGE HOMES

View Honolua Ridge Homes for sale

Honolua Ridge Homes Q3 2023 2022 2021 2020 2019 2018
Number of Sales 0 1 4 1 2 2
Volume 0 $5,300,000 $25,500,000 $3,850,000 $6,120,000 $6,393,250
Low SP NA $5,300,000 $5,000,000 $3,850,000 $2,850,000 $3,000,000
High SP NA $5,300,000 $8,700,000 $3,850,000 $3,270,000 $3,393,250
Median SP NA $5,300,000 $5,900,000 $3,850,000 $3,060,000 $3,196,625
Average SP NA $5,300,000 $6,375,000 $3,850,000 $3,060,000 $3,196,625
Average SP/Sq. Ft. NA $1,493 $1,175 $1,306 $750 $811
Average DOM NA 95 276 40 352 168
Average SP/LP NA 97% 94% 91% 89% 90%

 

MAHANA ESTATES HOMES

View Mahana Estates Homes

Mahana Estates Homes Q3 2023 2022 2021 2020 2019 2018
Number of Sales 0 2 1 1 0 0
Volume $0 $9,600,000 $5,250,000 $6,400,000 $0 $0
Low SP NA $4,750,000 $5,250,000 $6,400,000 NA NA
High SP NA $4,850,000 $5,250,000 $6,400,000 NA NA
Median SP NA $4,800,000 $5,250,000 $6,400,000 NA NA
Average SP NA $4,800,000 $5,250,000 $6,400,000 NA NA
Average SP/Sq. Ft. NA $1,617 $1,229 $1,098 NA NA
Average DOM NA 224 52 88 NA NA
Average SP/LP NA 100% 99% 77% NA NA

 

KAPALUA PLACE & OCEANFRONT HOMES

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.  With just eight oceanfront homes that are part of the resort, it's not uncommon to no sales.

View Kapalua Place and Kapalua Oceanfront homes for sale

Oceanfront Homes Q3 2023 2022 2021 2020 2019 2018
Number of Sales 0 0 3 2 0 1
Volume 0 0 $34,800,000 $39,500,000 0 $12,000,000
Low SP NA NA $8,700,000 $15,500,000 NA $12,000,000
High SP NA NA $15,000,000 $24,000,000 NA $12,000,000
Median SP NA NA $11,100,000 $19,750,000 NA $12,000,000
Average SP NA NA $11,600,000 $19,750,000 NA $12,000,000
Average SP/Sq. Ft. NA NA $1,809 $3,975 NA $1,605
Average DOM NA NA 489 425 NA 833
Average SP/LP NA NA 93% 79% NA 80%

 

KAPALUA LAND SALES

Status Address List Price Sold Price  SP/LP Date Acres DOM $/Sq. Ft. Community MLS
SLD 219 Plantation Club Dr $1,995,000 $1,525,000 76% 4/28/23 2.01 409 $17 Plantation Estates 395115
SLD 208 Kalaunu Way $1,599,000 $1,200,000 75% 7/21/23 3.84 206 $7 Honolua Ridge 397728
SLD 322 Cook Pine Dr $995,000 $995,000 100% 7/31/23 0.23 333 $101 Pineapple Hill 396852

In the first three quarters of 2023, there was just three lot sales to report in the Kapalua Resort:  a two acre lot in the Plantation Estates, a 3.84 acre lot in Honolua Ridge, and a .23 acre lot in Pineapple HIll.

Kapalua Land Q3 2023 2022 2021 2020 2019 2018
Number of Sales 3 20 58 8 2 0
Volume $3,720,000 $32,839,500 $65,265,000 $13,925,000 $3,150,000 NA
Low SP $995,000 $845,000 $700,000 $850,000 $1,300,000 NA
High SP $1,995,000 $3,700,000 $2,600,000 $8,000,000 $1,850,000 NA
Median SP $1,200,000 $1,450,000 $982,500 $837,500 $1,575,000 NA
Average SP $1,240,000 $1,641,975 $1,135,259 $1,740,625 $1,575,000 NA
Average SP/Sq. Ft. $42 $38 $17 $32 $23 NA
Average DOM 316 202 178 284 60 NA
Average SP/LP 84% 96% 95% 89% 100% NA

Pineapple Hill & Pineapple Hill Estates Land

View Pineapple Hill & Pineapple Hill Estates Land for Sale

Pineapple Hill Land Q3 2023 2022 2021 2020 2019 2018
Number of Sales 1 5 2 1 0 0
Volume $995,000 $5,787,000 $2,500,000 $950,000 0 0
Low SP $995,000 $879,000 $1,195,000 $950,000 NA NA
High SP $995,000 $1,500,000 $1,305,000 $950,000 NA NA
Median SP $995,000 $1,090,000 $1,090,000 $950,000 NA NA
Average SP $995,000 $1,157,400 $1,250,000 $950,000 NA NA
Average SP/Sq. Ft. $101 $101 $62 $87 NA NA
Average DOM 333 204 143 314 NA NA
Average SP/LP 100% 100% 100% 90% NA NA

Plantation Estates Land

View Plantation Estates Land for Sale

Plantation Estates Land Q3 2023 2022 2021 2020 2019 2018
Number of Sales 1 4 5 2 0 0
Volume 1 $7,545,000 $7,965,000 $1,700,000 0 0
Low SP $1,525,000 $845,000 $975,000 $800,000 NA NA
High SP $1,525,000 $3,700,000 $2,600,000 $900,000 NA NA
Median SP $1,525,000 $1,500,000 $1,400,000 $850,000 NA NA
Average SP $1,525,000 $2,272,500 $1,593,000 $850,000 NA NA
Average SP/Sq. Ft. $17 $18 $15 $9 NA NA
Average DOM 409 407 226 53 NA NA
Average SP/LP 76% 88% 97% 81% NA NA

Mahana Estates Land

View Mahana Estates Land for Sale

Mahana Estates Land Q2 2023 2022 2021 2020 2019 2018
Number of Sales 0 5 42 3 2 0
Volume 0 $7,670,000 $41,425,000 $2,425,000 $3,150,000 0
Low SP NA $1,200,000 $700,000 $800,000 $1,300,000 NA
High SP NA $1,945,000 $2,150,000 $825,000 $1,850,000 NA
Median SP NA $1,400,000 $852,500 $800,000 $1,575,000 NA
Average SP NA $1,534,000 $986,548 $808,333 $1,575,000 NA
Average SP/Sq. Ft. NA $29 $17 $12 $23 NA
Average DOM NA 119 163 157 60 NA
Average SP/LP NA 96% 94% 95% 100% NA

Honolua Ridge Land

View Honolua Ridge Land for Sale

Honolua Ridge Land Q3 2023 2022 2021 2020 2019 2018
Number of Sales 1 6 9 1 0 0
Volume 1 $11,837,500 $13,365,000 $850,000 0 0
Low SP $1,200,000 $1,163,000 $805,000 $850,000 NA NA
High SP $1,200,000 $2,795,000 $2,000,000 $850,000 NA NA
Median SP $1,200,000 $1,962,500 $1,300,000 $850,000 NA NA
Average SP $1,200,000 $1,972,917 $1,485,000 $850,000 NA NA
Average SP/Sq. Ft. $7 $7 $7 $5 NA NA
Average DOM 206 133 227 360 NA NA
Average SP/LP 75% 97% 92% 95% NA NA

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.

Kapalua Homes for Sale

7 Properties Found. Page 1 of 1

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

Photo of Listing #400328

$11,000,000 Active Fee Simple

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

Residential

1216 Summer Rd, Kapalua, Hawaii

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 Is This Prestigious Residence Known As Emerald Point. With Approximately 7,800 Square Feet Of Living Space, Complimented With 1,336 Square Feet Of Covered Outdoor Living Space, This Estate Is...

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Embrace The Essence Of Private Island Living In...

Photo of Listing #400304

$19,500,000 Active Fee Simple

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

Residential

7 Kapalua Pl, Kapalua, Hawaii

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...

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114 Keo'awa Street In Honolua Ridge Is A Meticu...

Photo of Listing #400000

$12,995,000 Active Fee Simple

  • 4 Beds
  • 4½ Baths
  • 4.07 Acres
  • 4,698 ft²

Residential

114 Keoawa St 16, Kapalua, Hawaii

MLS® #400000

Listed By: Keller Williams Realty Maui-L
Office Contact: 808-661-8777

114 Keo'awa Street In Honolua Ridge Is A Meticulously Landscaped And Fanatically Maintained 4-acre Compound Nestled In Lush Tropical Kapalua Landscape On Maui's Spectacular Northwest Shore. It Boasts Captivating Views Of The Blue Pacific With The Outer Isla...

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Located In The Kapalua Resort, Mahana Estates I...

Photo of Listing #399964

$9,895,000 Active Fee Simple

  • 5 Beds
  • 5½ Baths
  • 1.7 Acres
  • 4,077 ft²

Residential

410 Mahana Ridge St Lot 28, Kapalua, Hawaii

MLS® #399964

Listed By: Welcome Hawaii Properties
Office Contact: Cell: 808-280-2480

Located In The Kapalua Resort, Mahana Estates Is A Gated Community Sitting Between The Ritz Carlton And The World-famous Pga Plantation Golf Course. Sitting On 1.7 Acres Of Prime Ocean-view Land, 410 Mahana Ridge Is A Project That's Been 3 Years In The Mak...

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This Under-construction Home Will Be The First ...

REDUCED 3% Photo of Listing #399041

$5,995,000 Active Fee Simple

  • 4 Beds
  • 4½ Baths
  • 0.25 Acres
  • 4,150 ft²

Residential

306 Cook Pine Dr 73, Kapalua, Hawaii

MLS® #399041

Listed By: Keller Williams Realty Maui-L
Office Contact: 808-661-8777

This Under-construction Home Will Be The First Brand-new Home For Sale In Pineapple Hill In Over 12 Years. This Spacious, Cutting-edge, 4-bedroom Home With Upstairs And Downstairs Primary Bedrooms Is Located On One Of The Premier Lots In Pineapple Hill At K...

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Located In The Kapalua Resort, Mahana Estates I...

Photo of Listing #398423

$8,600,000 Pending - Cont. To Show Fee Simple

  • 5 Beds
  • 5 Baths
  • 1.99 Acres
  • 5,113 ft²

Residential

725 Laulama Pl 44, Kapalua, Hawaii

MLS® #398423

Listed By: Welcome Hawaii Properties
Office Contact: Cell: 808-280-2480

Located In The Kapalua Resort, Mahana Estates Is A Gated Community Sitting Between The Ritz Carlton And The World-famous Pga Plantation Golf Course. Sitting On Nearly 2 Acres (1.99) Of Prime Ocean-view Land, 725 Laulama Place Will Be A Luxury Home With The...

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Ultra-luxurious Home Under Construction In The ...

Photo of Listing #397789

$16,000,000 Active Fee Simple

  • 4 Beds
  • 4½ Baths
  • 1.04 Acres
  • 4,720 ft²

Residential

210 Naio Pl Mahana Estate Lot 7, Kapalua, Hawaii

MLS® #397789

Listed By: Island Sotheby's Int'l Rlty(L)
Office Contact: Cell: 808-280-1080

Ultra-luxurious Home Under Construction In The Gated Enclave Of Mahana Estates. The Newest Development In The World-renowned Kapalua Resort, This Home Has 360 Degree Views Including Incredible Sweeping Views Of Kapalua Bay, The West Maui Mountains And The P...

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.

This blog was updated on 7/28/23 and the interactive charts from the MLS were changed from rolling year of data to rolling 6 months.

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

 

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