Posted by Courtney M. Brown on Thursday, December 7th, 2017 at 1:05pm.
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. Additionally, the oceanfront home at Alaelae Peninsula is offered for sale.
View Kapalua Place Homes and Lots for Sale
| Address | Offered at | Beds | Baths | Interior | Homesite | $/Sq. Ft |
| 6291 Honoapiilani | $9,900,000 | 4B | 4.5B | 4,351 sq. ft. | 3.45 acres | $2,275 |
| 1 Kapalua Place | $11,900,000 | -- | -- | -- | 1.70 acres | $161 |
| 9 Kapalua Place | $14,995,000 | 4B | 5.5B | 7,474 sq. ft. | 0.70 acres | $2,006 |
| 7 Kapalua Place | $15,900,000 | 5B | 5.5B | 7,810 sq. ft. | 0.65 acres | $2,036 |
| 3 Kapalua Place | $19,900,000 | 6B | 6.5B | 6,631 sq. ft. | 0.64 acres | $3,001 |
The sales of homes at Kapalua Place have ranged from $6,050,000 ($781/sq. ft.) for the ocean view home at 8 Kapalua Place to $13,900,000 ($1760/sq. ft.) for the beachfront home at 5 Kapalua Place. The oceanfront point sales have ranged from $7,000,000 ($1608/sq. ft.) to $14,000,000 ($1167/sq. ft.).
Similar to Kapalua, there are just six beachfront homesites in the Kaanapali Resort. The small Kai Ala Place community is nestled along one of my favorite sandy beaches, Kekaa Beach, just north of the Sheraton. Four of the homesites are developed. There are just two offerings in this community, a homesite and a home.
View Kaanapali Oceanfront Homes and Lots for Sale
| Address | Offered at | Beds | Baths | Interior | Homesite | $/Sq. Ft |
| 10 Kai Ala Place | $11,000,000 | -- | -- | -- | 1.16 acres | $218 |
| 40 Kai Ala Place | $17,600,000 | 4B | 5.5B | 5,348 sq. ft. | 0.96 acres | $3,291 |
The only home to sell at Kai Ala Place is 20 Kai Ala Place which closed in 2002 for $9,750,000. At over 11,000 sq. ft., it is a substantial home, so the sales price/sq. ft. was $880.
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Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty