Market Spotlight and New Listing: Lahaina Shores

by Heidi Dollinger, R(S)

Lahaina Shores is a distinctive architectural landmark on the West Maui shoreline. This elegant seven-story building with a double colonnade entrance is the only directly beachfront condo resort in Lahaina.

Situated between the Pacific Ocean and the verdant backdrop of the West Maui mountains, Lahaina Shores consists of 199 units made up of studios, 1-bedroom units, and penthouse units.  Amenities include an oceanfront pool, whirlpool spa, and front desk. Condominium units are individually owned, and owners can be a part of the onsite vacation rental management program operated by Destination Hotels, or vacation-rent their units through a private management program of

The Masters at Kaanapali Hillside: Market Update

The Masters is one of my favorite condominium communities, having gotten my start in real estate working on the developer's sales team (far too long ago).  The property overlooks the Royal Kaanapali golf course, with sweeping views of the ocean and outer islands.  The low-rise, low-density development, lends a feeling of privacy and space, with 200 units on approximately 38 acres.  Amenities in this gated community include two pools, two spas, and four tennis courts, and the ability to have BBQ's.  It's a popular choice for both primary residents and second homeowners alike seeking to live in the Kaanapali Resort.

As we navigate an unusual time, many buyers and sellers are wondering how to value

MAUI OCEANFRONT HOMES
Market Update, January 2020

View Goals!  1437 Front Street is an oceanfront home for sale in the heart of Lahaina, on historic front street
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Maui has several areas with oceanfront homes: West Maui, South Maui, North Shore, East Maui and Central Maui.  As you will see below, the home prices and activity tend to be highest in the resort areas of West and South Maui, and along the North Shore. 

There are broad fluctuations in price depending on whether the property is beachfront or oceanfront; whether it is on a rocky shoreline or cliffside without water access; and the age, condition and size of the home.  

Over the past five years, oceanfront home sales have consistently seen a volume of around

MAUI OCEANFRONT HOMES
Market Update, November 2019

1437 Front Street is an oceanfront home for sale in the heart of Lahaina, on historic front street
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Update 1/27/2020:  Since this post was written, the classification of 6 sales in Makena was changed from Beachfront to Across the Street from the Ocean.  These sales totaled $60,162,136.  As they were developer sales the escrow could only close once construction was complete, so they had a very high Days on Market Count, averaging 1202 days on market.

As such, the statistics and summary below have changed.  Please see the post written 1/27/2020 for updated statistics.

Maui has several areas with oceanfront homes: West Maui, South Maui, North Shore, East Maui and Central

KAPALUA GOLF’S PLANTATION COURSE
HOLE-BY-HOLE CHANGES 

Avid golfers dream of playing Kapalua's Plantation Course, which consistently ranks amongst the top courses in Hawaii and rated as one of the top 100 courses in the world.  The course is the home of the PGA TOUR’s Sentry Tournament of Champions which returns to Kapalua Golf’s Plantation Course from January 1-5, 2020. Tickets for the PGA TOUR's champions-only event are available at sentrytournamentofchampions.com

In preparation for the tournament, a 9-month, multi-million dollar enhancement project began in February 2019.  Both the course and the Plantation Course clubhouse and golf shop reopen to the public on November 23rd.  In preparation for the tournament, tee times will be limited on the

Just in time for the holidays, the Kapalua Logo Sale is back!

Where: Kapalua Bay Course & Resort Shop
When: November 7-11, 2019

Pineapple Hill and Pineapple Hill Estates Market Update, Oct 2019

Kapalua's Pineapple Hill and Pineapple Hill Estates is a popular neighborhood in the heart of the Kapalua Resort.

Pineapple Hill is the first phase of the development and was originally designed with 99 homesites, most being a quarter-acre, though many of them were consolidated to make larger lots.  Owners must build one of six floor plans (thought modifications are allowed with approval from the Design Review Committee), unless buildling on two or more contiguous lots, in which case a custom home is permitted.  

Pineapple Estates was annexed in early in 2001, with 31 homesites being integrated into the community.  Lots are larger (approximately a half-acre) and custom homes

Kapalua Golf Villas: Market Overview September 2019

Kapalua Golf Villa 21P3,4 enjoys a sweeping view of the Pacific ocean and outer island of Lanai

The Kapalua Golf Villas is a popular community located in the heart of the Kapalua Resort.  Built in 1979, the property is comprised of 16 buildings on 15.84 acres.  Originally designed with one and two-bedroom floor plans, there have been some two-bedroom loft-style floor plans that were converted to three-bedroom villas.  Onsite amenities include four swimming pools and barbeque areas.  The Kapalua Resort is home to two championship golf courses, tennis, hiking, world-class dining and some of Maui's most beloved beaches.

Quick Market Overview Active Listings:

View Current Listings of Kapalua Golf

Montage Residences Kapalua Bay: Condominium Listings and Sales
Market Overview September 2019

Montage Residences at Kapalua Bay
Whole Ownership Condominium Residences

When originally developed as a Ritz-Carlton Club and Residences in 2008, the property was comprised of 84 wholly-owned three and four-bedroom residences, some of the largest condominiums available in West Maui.  These residences are located in buildings 1, 2, 5 and 6 and ranged from 2,789 to 4,055 sq. ft. 

The development also included 62 smaller two and three-bedroom residences that were offered as 1/12 ownership located in buildings 3 and 4.  Since then, the property was re-branded in 2014 and all developer fractional sales were halted. 

Since being rebranded the Montage

Pineapple Hill at Kapalua: introducing 708 Fairway Drive

Nana Doors at 708 Fairway Drive in Pineapple Hill open to the outdoors: Indoor-Outdoor living allows you to enjoy the views of the Kapalua Golf Course, the Pacific Ocean and outer island views

Pineapple Hill & Pineapple Hill Estates

Pineapple Hill was originally developed with six single-story and two-story floor plan designs, with custom homes being allowed on two or more contiguous lots.  With just 99 homesites, 13 lots ended up being utilized for these larger, custom homes.

In the early 2000's, Kapalua Resort annexed in Pineapple Hill Estates, a 31 lot subdivision.  These slightly larger homesites allow custom homes, with the main difference being the top row could have two story