Market Spotlight: Honua Kai May, 2022
The Honua Kai is Kaanapali's newest condominium development and one of the most desirable vacation destinations in West Maui. Built in three phases along Kekaa Beach on the North Side of Black Rock, the Honua Kai is comprised of three separate sections: Hokulani (2008), Konea (2009) and Luana Gardens (2018).
The Hokulani and Konea towers feature 627 studio, one, two and three-bedroom condominium residences. The 10 story buildings have central air conditioning, elevators and underground parking. The new addition of Luana Gardens weaves in a more contemporary residential component, with 72 three-bedroom residences. These low rise, two-story buildings feature private garages in three clusters, each around one of three pools.
Guests at Honua Kai have access to adult and family pools, hot tubs, BBQ Grills, Bar and Lounge, fitness center, the Aina Gourmet Market, elevators, valet and self-parking, concierge, porter/bellhop, Ho'ola Spa and Duke's Restaurant (this is a great place to whale watch as you take in the sunset).
Honua Kai: The State of the Current Market
| ACTIVE LISTINGS |
7 |
| Volume |
$19,293,000 |
| Low LP |
$1,650,000 |
| High LP |
$5,725,000 |
| Average LP |
$2,756,142 |
| Average LP/Sq. Ft. |
$2,432 |
| Average DOM |
48 |
| |
|
| PENDING SALES |
8 |
| Volume |
$20,355,000 |
| Low LP |
$1,495,000 |
| High LP |
$5,000,000 |
| Average LP |
$2,544,375 |
| Average LP/Sq. Ft. |
$2,426 |
| Average DOM |
88 |
As of the date of this post, the Honua Kai has seen 21 sales at a volume of $58,293,875 and an average sales price of $2,775,889 and $2,035/sq. ft. This is close to half of the sales volume ($) of last year in about 1/3 of the number sales at a significantly higher sales price per square foot.
Honua Kai Sales: A Historical Perspective
| Honua Kai |
Q1 2022 |
2021 |
2020 |
2019 |
2018 |
2017 |
| Sales |
15 |
63 |
72 |
57 |
40 |
26 |
| Volume |
$43,999,875 |
$121,182,648 |
$137,972,250 |
$91,809,500 |
$64,235,287 |
$48,909,944 |
| Low SP |
$1,675,000 |
$807,500 |
$735,000 |
$774,000 |
$695,000 |
$675,000 |
| High SP |
$5,899,000 |
$5,400,000 |
$3,199,000 |
$3,300,000 |
$5,725,000 |
$3,775,000 |
| Average SP |
$2,933,325 |
$1,923,534 |
$1,916,281 |
$1,610,693 |
$1,605,882 |
$1,438,528 |
| Average SP/Sq. Ft |
$2,025 |
$1,498 |
$1,139 |
$1,190 |
$1,357 |
$1,286 |
| Average DOM |
84 |
137 |
404 |
318 |
117 |
126 |
| AVG SP/LP |
98% |
98% |
98% |
98% |
98% |
97% |
For more information on the Honua Kai condos for sale, contact Courtney M Brown, R(S) with Island Sotheby's International Realty
$2,775,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
34.82
Acres
-
1,315
ft²
Residential
130 Kai Malina Pkwy, Unit Nr609, Kaanapali, HI
MLS® #406602
Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-283-3067
Honua Kai - Konea Nr609 Is A 2 Bed / 2 Bath Ocean-view Residence With An Expansive Interior Courtyard. Set Well Above The Palm Trees That Grace The Grounds And Beachside Pools Below, It Enjoys A Commanding Vista Of The Pacific. With The Lanai's Glass Nano W...
$2,395,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
39.84
Acres
-
1,240
ft²
Residential
130 Kai Malina Pkwy, Unit Sr536, Kaanapali, HI
MLS® #406569
Listed By: Kaanapali Resort Realty LLC
This 5th Floor Sr536 Corner Units Offers Not Only An Ocean View, But Also The Beautiful Green West Maui Mountains. It Is Also The Perfect Height To Take Advantage Of The Green Lawns Immediately Below. This Sought After Corner Location Truly Brings The Outd...
$1,359,000 Active Fee Simple
-
1
Beds
-
1
Baths
-
39.84
Acres
-
700
ft²
Residential
130 Kai Malina Pkwy, Unit Sr414, Kaanapali, HI
MLS® #406488
Listed By: Maui Westside Properties
Hokulani 414 At Honua Kai – Turnkey Ocean View Condo On Maui’s West Side Welcome To Hokulani 414, A Beautifully Maintained 1-bedroom, 1-bathroom Condo Located On The Quiet South Side Of The Honua Kai Resort, A Legal Hotel-zoned Property On North Kaanapali ...
$4,250,000 Active Fee Simple
-
3
Beds
-
3
Baths
-
39.84
Acres
-
1,600
ft²
Residential
130 Kai Malina Pkwy, Unit Sr 929, Kaanapali, HI
MLS® #406492
Listed By: Maui Resort Realty
Office Contact: broker@keithhertz.com
Boasting Sweeping Ocean Views From Molokai To Lanai, Hokulani 929 Enjoys Year-round Panoramic Sunsets From Its Premier 9th-floor Vantage Point Elevated Above The Adjacent Resort Wings That Frame The Hokulani Tower's Desirable Inner Courtyard. This Exception...
$2,095,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
39.84
Acres
-
1,100
ft²
Residential
130 Kai Malina Pkwy, Unit Sr610, Kaanapali, HI
MLS® #406367
Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-446-5841
This Luxury Resort Condo, Located In Highly Desirable Hotel Zoning, Offers Spectacular Ocean Views. Unit Sr610 Is A Spacious Two-bedroom Residence On The Southern Side Of The Hokulani Tower At Honua Kai, Featuring Fabulous Direct Ocean And Mountain Views. ...
REDUCED 7% 
$1,395,333 Active Fee Simple
-
1
Baths
-
39.84
Acres
-
583
ft²
Residential
130 Kai Malina Pkwy, Unit 333, Kaanapali, HI
MLS® #406327
Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 808-344-0180
Welcome To Unit 333 At The Exquisite Honua Kai Resort. This Luxurious Condominium Boasts Premium Bosch Appliances, A Brand-new Luxury Bed, Granite Countertops, An In Unit Washer And Dryer, Expansive Bifold Doors, And Brand New Lanai Furnishings That Seamle...
$2,775,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
34.82
Acres
-
1,315
ft²
Residential
130 Kai Malina Pkwy, Unit Nr645, Kaanapali, HI
MLS® #406260
Listed By: Maui Resort Realty
Office Contact: richard@mauiresortrealty.com
This Luxury Condominium Resort Is Hotel Zoned For Vacation Rentals— Welcome To Konea 645 At Honua Kai Resort And Spa!....located In The Peaceful Confines Of Konea Tower's Expansive And Well Landscaped Interior Courtyard Including A Koi Pond, This 6th Floor,...
$1,499,000 Active Fee Simple
-
1
Baths
-
39.84
Acres
-
595
ft²
Residential
130 Kai Malina Pkwy, Unit 719, Kaanapali, HI
MLS® #406201
Listed By: Maui Real Estate Advisors LLC
Office Contact: 808-875-4444
Discover Paradise In Honua Kai 719, A Breathtaking Studio Boasting Unparalleled Ocean And Outer-island Views From Its Prime Interior Location. Overlooking The Resort’s Sparkling Pools, Pristine Beach, And Vibrant Restaurant, This Unit Offers A Front-row Sea...
$5,400,000 Active Fee Simple
-
3
Beds
-
3
Baths
-
34.82
Acres
-
2,230
ft²
Residential
130 Kai Malina Pkwy, Unit Nr202, Kaanapali, HI
MLS® #406123
Listed By: Susan Jackson Real Estate
Office Contact: Cell: 865-206-1234
If The "best Of The Best" Is What You're Looking For, Look No Further! Very Rare Three-bedroom Ocean Front Home Is Now Available For Sale. This Is The First Offering Of An Oceanfront Home At Honua Kai In Almost Three Years! Endless Views Of The Ocean, R...
$1,400,000 Active Fee Simple
-
1
Beds
-
1
Baths
-
39.84
Acres
-
615
ft²
Residential
130 Kai Malina Pkwy, Unit Nr930, Kaanapali, HI
MLS® #405959
Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-205-5201
Perched Above The Lush Tropical Canopy In The Konea Tower At Honua Kai, This Beautifully Appointed One-bedroom, One-bath Residence Offers A Private Retreat Framed By The Dramatic Beauty Of The West Maui Mountains And Glimpses Of The Pacific Ocean. Rainbows ...
REDUCED 4%
$1,295,000 Active Fee Simple
-
1
Baths
-
39.84
Acres
-
595
ft²
Residential
130 Kai Malina Pkwy, Unit Sr 237, Kaanapali, HI
MLS® #405784
Listed By: Hawaii Life (KAP)
Office Contact: Cell: 808-205-3995
Motivated Seller! Hokulani 237 At The Honua Kai Resort Is Your Perfect Slice Of Ka'anapali Paradise. This Beautifully Appointed Studio Offers Stunning Resort And Garden Views. Experience True Indoor/outdoor Living With Large Nano Doors That Open Wide, Invit...
$4,175,000 Active Fee Simple
-
3
Beds
-
3
Baths
-
34.82
Acres
-
1,610
ft²
Residential
130 Kai Malina Pkwy, Unit 329, Kaanapali, HI
MLS® #405715
Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 808-283-8771
Premiere Location On The 3rd Floor Of The Konea Building—offering A Wonderful Connection To The Inner Courtyard Activities And Creating An Ideal Setting For “people Watching”, Whether In The Apartment Or On The Lanai. The Front Door Is Just Steps From The E...
