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
NEW
$4,495,000 Active Fee Simple
-
3
Beds
-
3
Baths
-
34.82
Acres
-
2,230
ft²
Residential
130 Kai Malina Pkwy Nr102, Kaanapali, HI
MLS® #407969
Listed By: Berkshire Hathaway Maui Prop-L
Introducing Honua Kai – Konea Enclave Residence 102, A Rare And Highly Sought-after Three-bedroom, Three-bathroom Oceanfront Ground-floor Residence Ideally Positioned Within One Of West Maui’s Premier Destination Resorts. This Exceptional Home Is One Of The...
NEW
$1,500,000 Pending Fee Simple
-
2
Beds
-
2
Baths
-
39.84
Acres
-
1,120
ft²
Residential
130 Kai Malina Pkwy Sr-210, Kaanapali, HI
MLS® #407976
Listed By: Harcourts Island Real Estate
Welcome To Hoku Lani 210 At The Renowned Honua Kai Resort On North Ka'anapali Beach. This Spacious, Luxurious Two-bedroom, Two-bath Residence Offers An Ideal Layout With Two Private Ensuite Bedrooms Thoughtfully Separated For Comfort And Privacy. From The L...
$2,875,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
34.82
Acres
-
1,325
ft²
Residential
130 Kai Malina Pkwy Nr239, Kaanapali, HI
MLS® #407866
Listed By: Susan Jackson Real Estate
Office Contact: Cell: 865-206-1234
Konea 239 Is Now Available For Sale! This Specialty Corner Home Boasts A Spacious 1325 Sq. Ft. Inside And Direct Ocean Views From The Kitchen, Dining Room And Living Areas. Enjoy Unobstructed Views From Your Expansive L-shaped 315 Sq. Ft. Wraparound Lanai....
$1,425,000 Active Fee Simple
-
1
Baths
-
39.84
Acres
-
583
ft²
Residential
130 Kai Malina Pkwy 333, Kaanapali, HI
MLS® #407872
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 A Brand New Bosch Refrigerator, Brand New Bosch Washer And Dryer As Well As A Brand-new Luxury Bed, Granite Countertops, Expansive Nano Glass Walls, And Brand New Lanai...
$1,675,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
39.84
Acres
-
1,080
ft²
Residential
130 Kai Malina Pkwy Sr734, Kaanapali, HI
MLS® #407798
Listed By: Island Sotheby's Int'l Rlty(M)
Office Contact: Cell: 808-283-0049
Discover Exceptional Value In This Beautifully Maintained 2br/2ba Condo—the Best-priced Two-bedroom At The Time Of Listing—located In One Of Kaanapali’s Most Coveted Beachfront Communities, Honua Kai Resort. Perched On The 7th Floor, The Residence Showcases...
$1,799,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
39.84
Acres
-
1,285
ft²
Residential
130 Kai Malina Pkwy Nr326, Kaanapali, HI
MLS® #407720
Listed By: The Agency Maui
Office Contact: Cell: 808-344-5575
Experience The Ultimate Maui Lifestyle At Honua Kai Konea 326, A Beautifully Appointed Two-bedroom, Two-bath Luxury Condominium Located Within The Premier Honua Kai Resort & Spa On World-famous Kaanapali North Beach. This Spacious Residence Offers 1258 Squa...
$2,950,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
34.82
Acres
-
1,325
ft²
Residential
130 Kai Malina Pkwy Nr313, Kaanapali, HI
MLS® #407709
Listed By: Susan Jackson Real Estate
Office Contact: Cell: 865-206-1234
Rarely Does An L-shaped Lanai 2-bedroom Inner Courtyard Condo Come Onto The Honua Kai Resale Market. And This One Is Certainly Special. In The Last Two Years The Owner Has Upgraded The Entire 1325 Sq.ft. Home With A New Stove And Oven, Microwave, Refriger...
$2,499,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
34.82
Acres
-
1,250
ft²
Residential
130 Kai Malina Pkwy Nr104, Kaanapali, HI
MLS® #407710
Listed By: Susan Jackson Real Estate
Office Contact: Cell: 865-206-1234
Konea 104 Is Now Available For Sale! The Only Ground Floor Two-bedroom Home Currently Offered For Resale, It Boasts 11’ Ceilings Throughout The Home. Situated On The Southern Side Of The Konea Tower (one Home From Oceanfront), You Will Delight In The Mo...
$1,099,000 Active Fee Simple
-
1
Beds
-
1
Baths
-
39.84
Acres
-
620
ft²
Residential
130 Kai Malina Pkwy Sr 424, Kaanapali, HI
MLS® #407703
Listed By: Hawaii Life (KAP)
Office Contact: Cell: 808-205-3995
Experience Ka‘anapali Living At Its Finest In This Beautifully Appointed 1-bedroom, 1-bathroom Condominium At The Renowned Honua Kai Resort. Hokulani 424 Enjoys Tranquil West Maui Mountain Views And An Open-concept Design That Blends Indoor And Outdoor Livi...
$1,350,000 Active Fee Simple
-
1
Baths
-
39.84
Acres
-
583
ft²
Residential
130 Kai Malina Pkwy 423, Kaanapali, HI
MLS® #407607
Listed By: Coldwell Banker Island Prop-Ku
Office Contact: Cell: 808-357-6980
Welcome To Unit 423, A Seamless Blend Of Contemporary Elegance And Island Serenity. Situated In The Sought-after Hokulani Tower, This Fully Furnished Unit Is Designed For Effortless Living. Thoughtfully Upgraded With Premium Bosch Appliances, A Brand-new Ge...
$2,599,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
39.84
Acres
-
1,100
ft²
Residential
130 Kai Malina Pkwy Sr-746, Kaanapali, HI
MLS® #407468
Listed By: KBM Hawaii
Welcome To Honua Kai Resort — Hokulani Tower #746 Experience Island Luxury At Its Finest In This Coveted Top-floor Residence At The Honua Kai Resort’s Hokulani Tower. Spanning 1,100 Sq Ft, This Two-bedroom, Two-bath Retreat Has Been Thoughtfully Updated And...
$1,200,000 Active Fee Simple
-
1
Beds
-
1
Baths
-
39.84
Acres
-
765
ft²
Residential
130 Kai Malina Pkwy Sr530, Kaanapali, HI
MLS® #406801
Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-2525
Honua Kai’s Unit 530 In The Hokulani Tower Has Everything You Are Looking For In A Beach Front Resort. This Well Cared 765sqft 1 Bedroom Unit Boasts Gorgeous Views Of The West Maui Mountains, An Open Floor Plan With Granite Counter Tops, Stainless Steel App...