MAUI OCEANFRONT HOMES Market Update, November 2019
1437 Front Street is an oceanfront home for sale in the heart of Lahaina, on historic front street View More Information
Maui has several areas with oceanfront homes: West Maui, South Maui, North Shore, East Maui and Central Maui. As you will see below, the home prices tend to be highest in the resort areas of West and South Maui.
There are broad fluctuations in price depending on whether the property is beachfront or oceanfront; whether it is on a rocky shoreline or cliffside without water access; and the age, condition and size of the home.
Over the past five years, oceanfront home sales have consistently seen a volume of around 20/year, with a low of 13 sales in 2015, and a high of 25 sales in 2017. Looking at this year (YTD vs. 2018), the average sales price remains fairly consistent, yet the average Sales Price ($) per square foot has increased to $1902/sq. ft. It is interesting to note, that oceanfront homes are selling at a lower percentage of the asking price than the prior year as well as with a longer average days on market.
Maui Oceanfront Homes: Market Snapshot by Area
Active Listings, Pending Sales and YTD Sales
Low List Price
Average List Price
High List Price
Average LP/Sq. Ft.
Average List Price
Supply of Inventory*
2019 YTD Sales
Low Sales Price
Average Sales Price
High Sales Price
Sales Volume 2019 YTD
Average SP/Sq. Ft.
*based on past 11 months of sales, with the exception of East Maui, which required going back to 2018. With only one sale in 2018, the sale was then multiplied by a factor of 13
There is often a misperception that we see more sales in the Wailea/Makena Market. What is important to note is that there are far fewer oceanfront homes in resort areas in West Maui than in Wailea/Makena. For example, there are only 6 oceanfront homesites in Kaanapali's only oceanfront residential neighborhood, Kai Ala Place. Similarly, there are just five oceanfront homesites in Kapalua Place, Kapalua's only oceanfront residential neighborhood. Wailea/Makena are larger-scale resorts, with more oceanfront residential communities such as Keawekapu Beach, Maluhia, Makena Place, the Makena Beach Cottages, and Black Sands, as well as homes scattered along the Makena Coastline that aren't part of a formal subdivision. Kihei's Halama Street is also a popular area with beachfront homes stretching along the shoreline.
Maui Oceanfront Home Sales: Key Metrics 2014 to Present
Avg SP$/sq. ft.
13 | -62%
$4,235,538 | -2%
$1793 | 16%
214 | -34%
22 | 41%
$139,062,000 | 60%
$6,321,000 | 33%
$2878 | 38%
219 | 2%
25 | 12%
$146,765,387 | 5%
$5,870,615 | -8%
$1533 | -88%
274 | 20%
23 | -9%
$148,197,545 | 1%
$6,443,372 | 9%
$1759 | 13%
222 | -23%
20 | -15%
$126,371,185 | -17%
$6,318,550 | -2%
$1902 | 8%
554 | 50%
The highest-priced listing on the island is located in the Kapalua Resort: 9 Bay Drive is an 8B/8.5 acre estate situated on 9.97 acres. It is currently offered at $37,500,000, reduced from $49,000,000. This compares with a high sales price of $27,000,000 for an oceanfront estate in 2011 in Makena. 7150 Makena Road is a 4B/5.5B home on 1.69 acres. To date, the largest sale on Maui for a private residence that was actually across the street from the ocean, in Keauhou, Makena $41,750,000 in 2015 (not in MLS) .
It should be noted--with such a small sampling, the statistics can vary widely at any given time, and the above are MLS statistics. Additional properties have changed hands privately and are not entered in MLS. For more information on all areas of Maui read: Maui Real Estate Statistics.
Boasting Nearly Ten Captivating Acres Of Oceanfront, 9 Bay Drive Is The Crown Jewel Of Conservation Land Known As Hawea Point In West Maui. Nestled Into The Prime Location Within Kapalua Resort, This Gated Legacy Property, Along With The Adjacent 12+ Acre O...
The Most Spectacular Oceanfront Home In This Prestigious Area Of Makena On The Island Of Maui. This Makena Masterpiece, Designed By The World-renowned Architect, Guy Dreier, Truly Epitomizes The Maui Lifestyle. Just Under 10,000 Square Feet Of Living Area ...
Kaanapali’s Beachfront Masterpiece! Located On Close To One Acre Of Land, Just North Of Black Rock And The Sheraton Hotel, This Exquisite Estate Boasts Stunning Views Of The Ocean And Sunsets, As Well As Whale Watching In Season. This Legacy Property Of Ove...
Makena, Maui. Simply Stated, One Of The Most Beautifully Custom Detailed Homes To Ever Be Built On The Island. The Home Perched On A Lushly Landscaped 1-acre Parcel Of Land Entertains Endless Pacific Ocean Views. With 8 Bedrooms And More Than 10,000 Sq....
Rare Keauhou At Makena Estate Offers Sophisticated, Contemporary Flair And Over Three Acres Of Manicured Tropical Landscaping Making It Both An Ideal Private Retreat And A Home For Those Who Love To Entertain. Positioned Peacefully Above The White Sand Of P...
Never Before Offered! Incredibly Rare Opportunity To Own One Of Makena's Finest Beachfront Homes. Enjoy Over 150 Feet Of Prime Ocean Frontage With Breathtaking Postcard Outer Island Vistas. Lush, Mature Garden Landscaping With Private Gate To White Sand Bea...
Kapalua Beachfront - This Is One Of Only 4 Beachfront Homes In Kapalua - A Rare Opportunity To Own A Stunning Island Contemporary Architectural Masterpiece By Award-winning Hawaii Architect, Jeffrey Long. Situated On 28,000 Square Feet Of Pristine Beachfron...
West Maui’s 7 Kapalua Place Accentuates The Ultimate In Super Luxurious, Elevated Island Home Design & Lifestyle Mixed With The Rarest Of Beachside Locations. Originally Built And Currently Owned By Globally Renowned Maritime Artist Christian Riese Lassen, ...
Situated Atop Over An Acre Of The Most Sought-after Real Estate In South Maui, 4680 Makena Road Offers A Rare Balance Of Unrivaled Privacy, Convenient Access To Some Of Hawaii’s Finest Amenities, Beachfront Access To One Of Maui’s Most Revered Beaches, And ...
Extraordinary…. Beachfront…sea Turtle Sanctuary…maui! Extremely Rare Opportunity To Embrace Life On Maui’s North Shore, With The White Sandy Beach As Your Backyard. Play Beach Volleyball On Your Own Beach Yard! Or Simply Lounge And Sunbathe Only Feet From ...
This Home Affords One Of The Most Powerful View Locations In All Of South Maui. The Premier View Home Site Of This Gated 7 Lot Oceanfront Compound Is Nothing Short Of Remarkable. From The Landmark Pu'u, Rust Red Cinder Cone, Rising Out Of The Deep Blue Oce...
4039 Lower Honoapiilani Rd, Napili/kahana/honokowai, Hawaii
Listed By: Keller Williams Realty Maui-L
Legend Status. This Entertainer's Dream Has An Unparalleled Oceanfront Lifestyle Of Peaceful Seclusion And Luxurious Comfort. The Approximately 1-acre, Gated, Oceanfront Property Cultivates A Rare Sense Of Privacy And Tranquility. And, No Expense Was Spare...
This information is provided by the Realtor's Association of Maui. It is believed accurate, but subject to change. Readers are advised to do their own due diligence. vision figures for both condos and home sites. Some condo and some homesites have been combined to be one property. This is not reflected in the number above. Above information on total properties is provided by Fidelity National Title and is believed to be accurate but is subject to change.
Courtney M. Brown, R(S) Vice President Island Sotheby's International Realty