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        <title>Maui Real Estate &amp; Lifestyle News</title>
        <link>http://www.luxuryrealestatemaui.com/blog/maui-kai/</link>
        <description>Courtney M. Brown, Realtor (S) Blog: information on the Maui real estate market, trends, and listings. Homes, condos and land for sale.</description>
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        <title>KAANAPALI CONDOMINIUM MARKET UPDATE: 2024 IN REVIEW</title>
    <description> <![CDATA[ 
 


KAANAPALI CONDOMINIUM MARKET UPDATE: 2024 IN Review





Kaanapali Resort Condominiums


Kaanapali Condominiums


Kaanapali is home to several different condominium communities, with offerings ranging from studios to four-bedroom condominiums.  Located along Kaanapali Beach are the Kaanapali Alii and Whaler, and located on Kahekili are the Maui Kaanapali Villas, Honua Kai, Mahana and Maui Kai.  Surrounding the Golf Course, you'll find the Maui Eldorado, the Masters, Kaanapali Plantation, International Colony Club and Vintage.











How does the market through the first quarter of 2024 stack up for each community as compared with prior years?


A FIVE-YEAR OVERVIEW


Honua Kai


Honua Kai: condos for sale All Buildings








 



 


International Colony Club


International Colony Club condos for sale












 


Kaanapali Alii


Kaanapali Alii condos for sale












 


Kaanapali Plantation


Kaanapali Plantation condos for sale





 





 





 



 


Kaanapali Royal


Kaanapali Royal condos for sale





 


 


 



 


Kaanapali Shores


Kaanapali Shores condos for sale





 






 


The Mahana at Kaanapali


The Mahana at Kaanapali condos for sale





 






 


The Masters at Kaanapali Hillside


The Masters at Kaanapali Hillside condos for sale





 






 


Maui Eldorado


Maui Eldorado condos for sale





 


 






 


Maui Kaanapali Villas


Maui Kaanapali Villas condos for sale





 







 


Maui Kai


Maui Kai condos for sale





 









 


The Vintage at Kaanapali


The Vintage condos for sale





 






 


The Whaler at Kaanapali Beach


The Whaler at Kaanapali Beach condos for sale





 






If you are thinking of buying or selling in Kaanapali, please contact Courtney M. Brown for more detailed information on the market at each of these Kaanapali communities





Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value.  Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein.


This blog post was updated on 3/8/25.  
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        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Kaanapali Resort Condominium Market Update | Q 1 2024</title>
    <description> <![CDATA[ 
KAANAPALI CONDOMINIUM MARKET UPDATE: Q1 2024





Kaanapali Resort Condominiums


Kaanapali Condominiums


Kaanapali is home to several different condominium communities, with offerings ranging from studios to four-bedroom condominiums.  Located along Kaanapali Beach are the Kaanapali Alii and Whaler, and located on Kahekili are the Maui Kaanapali Villas, Honua Kai, Mahana and Maui Kai.  Surrounding the Golf Course, you'll find the Maui Eldorado, the Masters, Kaanapali Plantation, International Colony Club and Vintage.






Kaanapali Resort Condos


2024


2023


2022


2021


2020


2019




Number of Sales


23


70


148


237


159


168




Volume


$37,105,000


$123,054,600


$247,257,475


$321,700,298


$212,877,531


$205,331,916




Low Sales Price


$520,000


$475,000


$325,000


$318,000


$319,000


$240,000




High Sales Price


$4,625,000


$5,650,000


$5,899,000


$5,400,000


$3,300,000


$4,995,000




Median


$1,550,000


$1,500,000


$1,412,500


$995,000


$1,050,000


$952,500




Average SP


$1,613,261


$1,757,923


$1,670,659


$1,357,385


$1,338,852


$1,222,214




Average SP/Sq. Ft.


$1,707


$1,617


$1,486


$1,158


$955


$1,010




Average DOM


99


103


90


127


248


218




Average SP/LP


97


96


98


98


96


97




There are a mix of leasehold and fee simple condominiums in Kaanapali


 


 


 











 


How does the market through the first quarter of 2024 stack up for each community as compared with prior years?


A FIVE-YEAR OVERVIEW


Honua Kai


Honua Kai: condos for sale All Buildings






Honua Kai


Q1 2024


2023


2022


2021


2020


2019




Sales


8


18


45


63


72


57




Volume


$14,925,000


$37,688,999


$112,632,875


$121,182,648


$137,972,250


$91,809,500




Low SP


$1,275,000


$1,200,000


$1,150,000


$807,500


$735,000


$774,000




High SP


$2,950,000


$5,525,000


$5,899,000


$5,400,000


$3,199,000


$3,300,000




Median SP


$1,667,500


$1,843,500


$1,900,000


$1,550,000


$2,119,750


$1,700,000




Average SP


$1,865,625


$2,093,778


$2,502,953


$1,923,534


$1,916,281


$1,610,693




Average SP/Sq. Ft


$2,348


$2,178


$2,154


$1,498


$1,139


$1,190




Average DOM


74


114


97


137


404


318




Average SP/LP


98


96


98


98


98


98











International Colony Club


International Colony Club condos for sale






International Colony Club


Q1 2024


2023


2022


2021


2020


2019




Sales


0


2


0


5


1


1




Volume


NA


$2,910,000


NA


$3,150,000


$575,000


$618,000




Low SP


NA


$1,310,000


NA


$600,000


$575,000


$618,000




High SP


NA


$1,600,000


NA


$680,000


$575,000


$618,000




Median SP


NA


$1,455,000


NA


$620,000


$575,000


$618,000




Average SP


NA


$1,455,000


NA


$630,000


$575,000


$618,000




Average SP/Sq. Ft


NA


$1,035


NA


$556


$614


$445




Average DOM


NA


41


NA


143


127


237




Average SP/LP


NA


101


NA


100


96


98











Kaanapali Alii


Kaanapali Alii condos for sale






Kaanapali Alii


Q1 2024


2023


2022


2021


2020


2019




Sales


1


6


12


27


9


16




Volume


$4,625,000


$23,125,000


$31,841,600


$66,456,000


$18,215,000


$39,230,000




Low SP


$4,625,000


$2,350,000


$1,020,000*


$918,000*


$1,200,000


$1,100,000




High SP


$4,625,000


$5,650,000


$4,596,600


$5,000,000


$3,300,000


$4,995,000




Median SP


$4,625,000


$3,787,500


$2,387,500


$2,300,000


$1,700,000


$2,147,500




Average SP


$4,625,000


$3,854,167


$2,653,467


$2,461,333


$2,023,889


$2,451,875




Average SP/Sq. Ft


$2,815


$2,427


$1,739


$1,595


$1,248


$1,560




Average DOM


129


76


97


125


129


213




Average SP/LP


95


96


96


97


92


95











Kaanapali Plantation


Kaanapali Plantation condos for sale






Kaanapali Plantation


Q1 2024


2023


2022


2021


2020


2019




Sales


2


1


9


11


4


3




Volume


$2,575,000


$1,375,000


$11,244,000


$8,570,250


$3,190,000


$2,039,000




Low SP


$1,275,000


$1,375,000


$860,000


$448,000


$755,000


$629,000




High SP


$1,300,000


$1,375,000


$1,500,000


$1,200,000


$870,000


$780,000




Median SP


$1,287,500


$1,375,000


$1,325,000


$731,250


$782,500


$630,000




Average SP


$1,287,500


$1,375,000


$1,249,333


$779,114


$797,500


$679,667




Average SP/Sq. Ft


$974


$1,194


$979


$595


$558


$544




Average DOM


76


77


60


129


127


$282




Average SP/LP


99


92


97


98


95


97











Kaanapali Royal


Kaanapali Royal condos for sale






Kaanapali Royal


Q1 2024


2023


2022


2021


2020


2019




Sales


3


4


2


3


6


9




Volume


$4,475,000


$6,620,000


$2,455,000


$2,792,000


$4,372,500


$6,997,750




Low SP


$1,350,000


$1,500,000


$1,160,000


$820,000


$350,000*


$705,000




High SP


$1,575,000


$1,950,000


$1,295,000


$1,100,000


$850,000


$864,750




Median SP


$1,550,000


$1,585,000


$1,227,500


$872,000


$795,000


$765,000




Average SP


$1,491,667


$1,655,000


$1,227,500


$930,667


$728,750


$777,528




Average SP/Sq. Ft


$958


$1,057


$805


$571


$478


$504




Average DOM


121


85


35


99


99


101




Average SP/LP


96


95


108


103


97


97




* Leasehold sales in 2017 and 2020


 


 


 


 


 











Kaanapali Shores


Kaanapali Shores condos for sale






Kaanapali Shores


Q1 2024


2023


2022


2021


2020


2019




Sales


2


11


29


33


15


15




Volume


$2,325,000


$12,429,900


$26,657,500


$25,358,000


$9,727,381


$9,938,167




Low SP


$1,050,000


$650,000*


$325,000*


$318,000*


$320,000*


$365,000




High SP


$1,275,000


$2,500,000


$2,360,000


$2,125,000


$950,000


$997,000




Median SP


$1,162,500


$979,900


$810,000


$700,000


$645,000


$557,500




Average SP


$1,162,500


$1,129,991


$919,224


$768,424


$635,159


$621,135




Average SP/Sq. Ft


$1,377


$1,261


$1,098


$931


$781


$830




Average DOM


68


115


91


145


142


117




Average SP/LP


93


97


98


98


95


97




*There were leasehold sales every year except 2024.  Low is marked with the asterisk


 


 











The Mahana at Kaanapali


The Mahana at Kaanapali condos for sale






Mahana


Q1 2024


2023


2022


2021


2020


2019




Sales


1


7


21


12


5


9




Volume


$835,000


$10,582,500


$26,241,500


$14,372,400


$4,858,000


$8,302,000




Low SP


$835,000


$1,175,000


$772,500


$725,000


$640,000


$625,000




High SP


$835,000


$3,005,000


$2,300,000


$1,725,000


$1,650,000


$1,850,000




Median SP


$835,000


$1,227,500


$1,160,000


$1,197,500


$880,000


$825,000




Average SP


$835,000


$1,511,788


$1,249,595


$1,197,708


$971,600


$922,444




Average SP/Sq. Ft


$1,831


$1,655


$1,591


$1,330


$1,314


$1,174




Average DOM


21


126


78


253


161


140




Average SP/LP


100


97


97


97


96


98











Maui Eldorado


Maui Eldorado condos for sale






Maui Eldorado


Q1 2024


2023


2022


2021


2020


2019




Sales


1


6


10


12


10


12




Volume


$520,000


$4,657,700


$7,011,000


$6,803,500


$4,302,500


$4,766,000




Low SP


$520,000


$475,000


$415,000


$345,000


$240,000


$240,000




High SP


$520,000


$1,250,000


$1,137,500


$965,000


$835,000


$835,000




Median SP


$520,000


$591,350


$616,250


$460,750


$403,750


$332,500




Average SP


$520,000


$776,283


$701,100


$566,958


$430,250


$397,167




Average SP/Sq. Ft


$912


$858


$657


$559


$458


$458




Average DOM


94


88


64


131


79


79




Average SP/LP


97


95


101


98


96


96




Maui Eldorado is a Leasehold property


 


 


 


 


 











Maui Kaanapali Villas


Maui Kaanapali Villas condos for sale






Maui Kaanapali Villas


Q1 2024


2023


2022


2021


2020


2019




Sales


1


0


6


15


10


5




Volume


$1,095,000


NA


$4,615,000


$9,598,900


$5,884,400


$3,695,000




Low SP


$1,095,000


NA


$400,000


$345,000


$432,500


$430,000




High SP


$1,095,000


NA


$1,100,000


$915,000


$799,000


$1,050,000




Median SP


$1,095,000


NA


$767,500


$625,000


$487,450


$760,000




Average SP


$1,095,000


NA


$769,167


$639,927


$588,440


$739,000




Average SP/Sq. Ft


$1,190


NA


$1,154


$985


$889


$932




Average DOM


24


NA


111


64


54


49




Average SP/LP


100


NA


99


98


98


100











  


Maui Kai


Maui Kai condos for sale






Masters


Q1 2024


2023


2022


2021


2020


2019




Sales


1


1


7


6


6


9




Volume


$680,000


$935,000


$5,308,000


$3,541,000


$3,199,000


$4,899,000




Low SP


$935,000


$935,000


$560,000


$458,000


$415,000


$430,000




High SP


$935,000


$935,000


$1,090,000


$785,000


$675,000


$745,000




Median SP


$935,000


$935,000


$665,000


$526,500


$525,000


$525,000




Average SP


$935,000


$935,000


$758,286


$590,167


$533,167


$544,333




Average SP/Sq. Ft


$1,722


$1,445


$1,530


$1,257


$1,052


$1,033




Average DOM


28


38


64


151


193


202




Average SP/LP


99


100


101


99


95


96











  


The Masters at Kaanapali Hillside


The Masters at Kaanapali Hillside condos for sale






Masters


Q1 2024


2023


2022


2021


2020


2019




Sales


0


9


17


31


15


18




Volume


NA


$14,390,000


$25,371,000


$34,802,000


$13,586,500


$15,498,500




Low SP


NA


$1,275,000


$900,000


$675,000


$575,000


$550,000




High SP


NA


$1,990,000


$2,175,000


$1,929,000


$1,300,000


$1,400,000




Median SP


NA


$1,600,000


$1,565,000


$1,107,000


$945,000


$852,000




Average SP


NA


$1,598,889


$1,492,412


$1,122,645


$905,766


$861,028




Average SP/Sq. Ft


NA


$1,035


$989


$796


$639


$660




Average DOM


NA


165


62


133


97


225




Average SP/LP


NA


93


100


98


95


95











 


The Vintage at Kaanapali


The Vintage condos for sale






Vintage


Q1 2024


2023


2022


2021


2020


2019




Sales


1


3


3


7


4


6




Volume


$2,100,000


$5,574,000


$5,190,000


$9,734,000


$4,573,000


$6,840,999




Low SP


$2,100,000


$1,775,000


$1,200,000


$1,100,000


$950,000


$890,999




High SP


$2,100,000


$1,999,000


$1,995,000


$1,620,000


$1,375,000


$1,425,000




Median SP


$2,100,000


$1,800,000


$1,995,000


$1,360,000


$1,124,000


$1,125,000




Average SP


$2,100,000


$1,858,000


$1,730,000


$1,390,571


$1,143,250


$1,140,167




Average SP/Sq. Ft


$1,167


$931


$797


$693


$621


$610




Average DOM


292


104


203


87


148


237




Average SP/LP


92


96


97


99


96


94











 


The Whaler at Kaanapali Beach


The Whaler at Kaanapali Beach condos for sale






Whaler


Q1 2024


2023


2022


2021*


2020


2019




Sales


2


5


8


24


7


16




Volume


$2,950,000


$6,650,000


$14,931,500


$29,712,000


$7,480,000


$19,000,000




Low SP


$1,300,000


$1,085,000


$1,080,000


$500,000


$795,000


$750,000




High SP


$1,650,000


$1,420,000


$3,970,000


$3,650,000


$1,250,000


$2,750,000




Median SP


$1,475,000


$1,395,000


$1,575,000


$945,500


$1,100,000


$945,000




Average SP


$1,475,000


$1,330,000


$1,866,438


$1,238,000


$1,068,571


$1,187,500




Average SP/Sq. Ft


$1,630


$2,473


$1,959


$1,524


$1,266


$1,380




Average DOM


223


48


85


116


150


173




Average SP/LP


96


103


98


98


91


95




*Leasehold Sale occurred in this year


 


 


 


 


 











 


If you are thinking of buying or selling in Kaanapali, please contact Courtney M. Brown for more detailed information on the market at each of these Kaanapali communities





Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value.  Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein.


This blog post was updated on 4/5/24.  
 ]]> </description>
    <pubDate>Fri, 05 Apr 2024 15:32:00 -1000</pubDate>
</item>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/kaanapali-resort-condominium-market-update-q3-2022.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/kaanapali-resort-condominium-market-update-q3-2022.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Kaanapali Resort Condominium Market Update | Q3, 2022</title>
    <description> <![CDATA[ 
KAANAPALI CONDOMINIUM MARKET UPDATE: Q3 2022 


Kaanapali Resort Condominiums


Kaanapali Condominiums


Kaanapali is home to several different condominium communities, with offerings ranging from studios to four-bedroom condominiums.   Located along Kaanapali Beach are the Kaanapali Alii and Whaler, and located on Kahekili are the Maui Kaanapali Villas, Honua Kai, Mahana and Maui Kai.  Surrounding the Golf Course, you'll find the Maui Eldorado, the Masters, Kaanapali Plantation, International Colony Club and Vintage.


 


How does the market through the end of the third quarter of 2022 stack up for each community?


A FIVE-YEAR OVERVIEW


Honua Kai: All Buildings





International Colony Club





Kaanapali Alii





Kaanapali Plantation





Kaanapali Royal





Kaanapali Shores





The Mahana at Kaanapali





Maui Eldorado





Maui Kaanapali Villas





Maui Kai


 


The Masters at Kaanapali Hillside


 


The Vintage





The Whaler at Kaanapali Beach





If you are thinking of buying or selling in Kaanapali, please contact Courtney M. Brown for more detailed information on the market at each of these Kaanapali communities





Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value.  Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein.
 ]]> </description>
    <pubDate>Tue, 11 Oct 2022 17:47:00 -1000</pubDate>
</item>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/spotlight-on-the-maui-kai.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/spotlight-on-the-maui-kai.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Spotlight on the Maui Kai</title>
    <description> <![CDATA[ 
Spotlight on the Maui Kai: Real Estate Market Overview


By Heidi Dollinger


At the ocean’s edge, Maui Kai is in an ideal location for those who enjoy walks on beautiful Kekaa Beach, one of Kaanapali's long white sand beaches.  The Maui Kai is a ten-story building with 80 units total, all with direct ocean views.    


There are currently five active listings for Studios at Maui Kai (395 SF – 420 SF).  List prices range from $479,000 to $498,000. The last sale of a studio at Maui Kai was Maui Kai 506, which closed at $475,000 on 2/1/2019.  There is currently (1) unit pending under/ contract, a 1-Bedroom, Maui Kai 605, listed at $625,000. 


There are just three active 1-Bedroom listings: Maui Kai 405 offered at $599,000Maui Kai 301 offered at $750,000Maui Kai 304 offered at $750,000





The view from the enclosed lanai of Maui Kai 405


The largest of the 1-Bedroom floor plans at 647 SF, Maui Kai 405 is unique in that it has an enclosed lanai, so the extra 153 SF of lanai space can be used as interior living space, or opened up to outdoor living space.  The whale watching from this unit in winter and early spring is incredible


Last year, Maui Kai units sold for AVG $978.24/sq. ft..  Of all 1-Bedroom fee simple vacation-rentable condominiums with ocean views that actively listed in Kaanapali at the time of writing, the Maui Kai is a rare offering, providing both direct ocean views and a beachfront location for under $1 million. 


Maui Kai has central A/C, and all utilities are included in the monthly HOA, which makes ownership convenient.  After completing some major building upgrades over the past couple of years, the monthly HOA at Maui Kai went down and there are no special assessments or shoreline projects.  There is onsite property management available as an option for owners who would like to use it.  The zoning is Hotel, so short-term nightly vacation rentals are allowed. 


For more information…contact Heidi Dolligner
 ]]> </description>
    <pubDate>Mon, 01 Apr 2019 10:09:00 -1000</pubDate>
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