Market Spotlight: Pineapple Hill, Kapalua | November, 2021

Posted by Courtney M. Brown on Thursday, November 11th, 2021 at 5:40pm.

Pineapple Hill, Kapalua, Maui: Market Update, November 2021

Pineapple Hill Kapalua homes for sale

 

About Pineapple Hill:

Pineapple Hill is one of the resort's most popular residential communities, with a coveted location in the heart of the Kapalua Resort.  Originally developed as 99 homesites, the first phase is comprised of homes on lots of approximately a quarter acre, although there are six larger homes built on two or three contiguous lots.   There are currently 85 homes and 7 undeveloped lots in Phase 1.

In 2001, 31 homesites in Pineapple Hill Estates were annexed into the development.  Known as Phase 2, this seciton of Pineapple Hill is comprised of lots approximately a half an acre in size.  There are 27 homes and 4 undeveloped lots in Phase 2.

Pineapple Hill and Pineapple Hill Estates owners enjoy access to a community pool, tennis and pickleball courts, and beautifully landscaped grounds.  The two phases are gated and there is an onsite manager.

Pineapple Hill Market Overview: Where are we now, and how has the market changed?

Home inventory in Pineapple Hill and Pineapple Hill Estates continues to be very low with just three homes actively listed for sale, all in Pineapple Hill Phase I.  One is situated on single lots, listed at $2,795,000. There are two homes, each on a double lot listed at $7,900,000 and $7,950,000.  There is one home pending at a list price of $2,999,000. View Pineapple Hill Homes for Sale

There are just two vacant lot listings, both of which are in Phase I.  One listed at $879,000 to $1,090,000.  There is one pending sale in MLS, a Pineapple Hill Estates (Phase II) lot listed at $1,200,000.   With so few lots remaining and low listing inventory the sales history on lots is far more sparse, with only one sale in 2020 and one so far in 2021.  

PINEAPPLE HILL HOMES

Pineapple Hill & Pineapple Hill Home Sales Year to Date

Status Address List Price Sold Price Closing Date Bds Bths Liv A SF Land Acres Days On Market Price Per SQFT Year Built House MLS #
SLD 708 Fairway Dr $2,825,000 $2,700,000 1/5/21 3 3.5 3,238 0.20 22 $834 1988 389627
SLD 1214 Summer Rd $2,950,000 $2,700,000 1/25/21 3 3.5 3,598 0.26 182 $750 1994 387922
SLD 114 WOODROSE Pl $2,330,000 $2,062,500 2/25/21 3 4 3,560 0.35 288 $579 1997 387021
SLD 508 Pacific Dr $2,850,000 $2,550,000 2/26/21 4 4.5 4,105 0.21 141 $621 1999 388871
SLD 1212 Summer Rd $5,900,000 $4,850,000 3/31/21 8 8.5 8,174 0.79 299 $593 2000 387279
SLD 1202 Summer Rd $3,750,000 $3,700,000 4/9/21 3 3 3,586 0.30 71 $1,032 2003 390126
SLD 310 Cook Pine Dr $2,500,000 $2,460,000 4/23/21 3 3.5 3,626 0.24 54 $678 1998 391230
SLD 504 Pacific Dr $2,495,000 $2,395,000 5/11/21 3 3 2,877 0.24 172 $832 1988 389363
SLD 708 FAIRWAY Dr $2,925,000 $2,925,000 5/25/21 3 3.5 3,238 0.20 0 $903 1988 391650
SLD 710 Fairway Dr $2,698,000 $2,750,000 6/17/21 3 3.5 3,666 0.20 87 $750 1990 390828
SLD 112 PULELEHUA St $3,450,000 $3,350,000 7/6/21 3 2.5 4,504 0.47 563 $744 2002 385476
SLD 618 Silversword Dr $3,995,000 $3,995,000 7/28/21 3 4 4,071 0.24 47 $981 1998 391842
SLD 102 Woodrose Pl $2,600,000 $2,525,000 8/3/21 3 3.5 3,812 0.26 130 $662 1988 390902
SLD 330 Cook Pine Dr $4,995,000 $4,500,000 11/5/21 4 4.5 4,723 0.49 140 $953 1990 392014

Pineapple Hill Home Sales: YTD 2021 vs. YTD 2020

Pineapple Hill Home Sales Through 11.11.21 2021 YTD 2020 YTD Change
Numer of Sales 14 5 +180%
Average Sales Price $3,104,464 $2,439,200 +27%
Average Sales Price/Sq. ft. $780 $628 +24%
Average DOM 156 181 -13%

Pineapple Hill Home Sales: A Five Year Perspective

Pineapple Hill Homes 2021 YTD 2020 2019 2018 2017
Numer of Sales 14 10  15 4 6
Average Sales Price $3,104,464 $2,718,700 $2,388,935 $2,387,500 $2,524,167
Average Sales Price/Sq. ft. $780 $696  $692 $588 $680
Average DOM 156 137  262 325 219


Homes in Pineapple Hill are very desirable, as evidenced by low inventory and homes spending less time on the market. 

Once the quarantine requirements were lifted in October 2020, we began to see more sales and sales volume, average sales price, and sales price/sq. ft., increased dramatically in 2021. It is not surprising there are fewer sales in 2020 as travel restrictions were in place for the better part of six months.  Only two sales occurred during the travel restrictions, and half of the year's sales occurred after the state implemented its pre-travel testing program.

PINEAPPLE HILL VACANT LOT SALES: A TEN YEAR HISTORY

Status Address List Price Sold Price Closing Date Land Acres Days On Market Price Per SQFT MLS #
SLD 216 CRESTVIEW RD $795,000 $630,000 4/14/11 0.28 485 $52 340653
SLD 226 Crestview RD $950,000 $950,000 5/24/11 0.44 152 $50 346359
SLD 626 SILVERSWORD DR $1,150,000 $1,075,000 11/9/12 0.24 650 $104 346790
SLD 624 SILVERSWORD DR $1,200,000 $1,098,000 5/15/13 0.23 165 $111 354359
SLD 306 COOK PINE Dr $1,050,000 $950,000 12/30/20 0.25 314 $87 386155
SLD 230 Crestview Rd $1,195,000 $1,195,000 10/11/21 0.45 97 $61 392228

For more information on homes and land for sale in Pineapple Hill, please contact Courtney Brown, R(S)

PINEAPPLE HILL HOMES FOR SALE

4 Properties Found. Page 1 of 1

Located On A Private Cul-de-sac On A Secluded D...

REDUCED 12% Photo of Listing #391515

$7,950,000 Active Fee Simple

  • 5 Beds
  • Baths
  • 0.62 Acres
  • 7,784 ft²

Residential

1216 Summer Rd 43, Kapalua, Hawaii

MLS® #391515

Listed By: Keller Williams Realty Maui-L

Located On A Private Cul-de-sac On A Secluded Double-lot In Pineapple Hill's Premier Location Is Emerald Point, The Jewel Of Kapalua. This Approx. 7,800 Air-conditioned Square Foot Estate With 1,336 Exterior Covered Living Square Feet Was Totally Renovated ...

Magnificent 5 Bedroom, 5 1/2 Bath Home With The...

Photo of Listing #392686

$7,900,000 Active Fee Simple

  • 5 Beds
  • Baths
  • 0.5 Acres
  • 7,229 ft²

Residential

314 Cook Pine Dr, Kapalua, Hawaii

MLS® #392686

Listed By: Coldwell Banker Island Prop-KP

Magnificent 5 Bedroom, 5 1/2 Bath Home With The Finest Craftsmanship And Materials In This Very Distinctive Home Behind The Gates At Pineapple Hill At Kapalua. Sprawled Across 2 Lots And Meticulously Maintained, The Former Home Of One Of Music's All Time Fa...

This Beautiful Home Features Expansive Ocean An...

Photo of Listing #392959

$2,999,000 Pending - Cont. To Show Fee Simple

  • 3 Beds
  • Baths
  • 0.25 Acres
  • 3,670 ft²

Residential

324 Cook Pine Dr 82, Kapalua, Hawaii

MLS® #392959

Listed By: Island Sotheby's Int'l Rlty(L)

This Beautiful Home Features Expansive Ocean And Island Views. The Owners Have Loved This Location For Its Private Setting And The Tranquil Gardens, Which Feature A Large Pool With A Soothing Waterfall. Since Their Purchase, The Owners Have Lovingly Renovat...

Nestled In A Quiet Location, With Only Steps Le...

REDUCED 2% Photo of Listing #391725

$2,795,000 Pending - Cont. To Show Fee Simple

  • 4 Beds
  • Baths
  • 0.21 Acres
  • 4,200 ft²

Residential

520 Pacific Dr, Kapalua, Hawaii

MLS® #391725

Listed By: Maui Paradise Properties LLC

Nestled In A Quiet Location, With Only Steps Leading To The Beautifully Maintained Pineapple Hill Pool Pavilion And Tennis Facility, Lies 520 Pacific. This 4 Bedroom, 4.5 Bath Home Has All The Needed Space To Spend Amazing Days/months/years On Maui. Newer A...

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

 

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