Posted by Courtney M. Brown on Saturday, November 30th, 2019 at 3:13pm.
1437 Front Street is an oceanfront home for sale in the heart of Lahaina, on historic front street
View More Information
Update 1/27/2020: Since this post was written, the classification of 6 sales in Makena was changed from Beachfront to Across the Street from the Ocean. These sales totaled $60,162,136. As they were developer sales the escrow could only close once construction was complete, so they had a very high Days on Market Count, averaging 1202 days on market.
As such, the statistics and summary below have changed. Please see the post written 1/27/2020 for updated statistics.
Maui has several areas with oceanfront homes: West Maui, South Maui, North Shore, East Maui and Central Maui. As you will see below, the home prices tend to be highest in the resort areas of West and South Maui.
There are broad fluctuations in price depending on whether the property is beachfront or oceanfront; whether it is on a rocky shoreline or cliffside without water access; and the age, condition and size of the home.
Over the past five years, oceanfront home sales have consistently seen a volume of around 20/year, with a low of 13 sales in 2015, and a high of 25 sales in 2017. Looking at this year (YTD vs. 2018), the average sales price remains fairly consistent, yet the average Sales Price ($) 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.
| Oceanfront Homes | All Maui | West Maui | South Maui | North Shore | East Maui | Central Maui |
| Active Listings | 50 | 17 | 14 | 12 | 7 | 0 |
| Low List Price | $750,000 | $2,200,000 | $3,500,000 | $999,000 | $750,000 | |
| Average List Price | $7,962,899 | $11,359,705 | $9,963,785 | $4,006,416 | $2,494,285 | |
| High List Price | $37,500,000 | $37,500,000 | $29,750,000 | $12,000,000 | $6,500,000 | |
| Average LP/Sq. Ft. | $2183 | $2869 | $2497 | $1261 | NA | NA |
| Pending Sales | 4 | 0 | 2 | 2 | 0 | 0 |
| Average List Price | $3,699,500 | NA | $3,724,000 | $3,675,000 | NA | NA |
| Supply of Inventory* | 27.5 months | 37.4 months | 17.1 months | 44 months | 91 months | NA |
| 2019 YTD Sales | 20 | 5 | 2 | 3 | NA | 3 |
| Low Sales Price | $321,300 | $600,000 | $3,450,000 | $3,400,000 | $321,300 | |
| Average Sales Price | $6,318,559 | $4,184,999 | $9,801,348 | $5,341,666 | $403,016 | |
| High Sales Price | $13,950,000 | $9,000,000 | $13,950,000 | $8,600,000 | $565,000 | |
| Sales Volume 2019 YTD | $126,371,185 | $20,924,999 | $17,400,000 | $16,250,000 | 0 | $1,209,050 |
| Average SP/Sq. Ft. | $1902 | $1382 | $2813 | $1705 | $234 |
*based on past 11 months of sales, with the exception of East Maui, which required going back to 2018. With only one sale in 2018, the sale was then multiplied by a factor of 13
There is often a misperception that we see more sales in the Wailea/Makena Market. What is important to note is that there are far fewer oceanfront homes in resort areas in West Maui than in Wailea/Makena. For example, there are only 6 oceanfront homesites in Kaanapali's only oceanfront residential neighborhood, Kai Ala Place. Similarly, there are just five oceanfront homesites in Kapalua Place, Kapalua's only oceanfront residential neighborhood. Wailea/Makena are larger-scale resorts, with more oceanfront residential communities such as Keawekapu Beach, Maluhia, Makena Place, the Makena Beach Cottages, and Black Sands, as well as homes scattered along the Makena Coastline that aren't part of a formal subdivision. Kihei's Halama Street is also a popular area with beachfront homes stretching along the shoreline.
| Year | Sales | Volume | Avg SP | Avg SP$/sq. ft. | Avg DOM | SP/LP |
| 2014 | 21 | $90,443,000 | $4,306,810 | $1504 | 287 | 91% |
| 2015 | 13 | -62% | $55,075,000 |-64% | $4,235,538 | -2% | $1793 | 16% | 214 | -34% | 93% |
| 2016 | 22 | 41% | $139,062,000 | 60% | $6,321,000 | 33% | $2878 | 38% | 219 | 2% | 84% |
| 2017 | 25 | 12% | $146,765,387 | 5% | $5,870,615 | -8% | $1533 | -88% | 274 | 20% | 92% |
| 2018 | 23 | -9% | $148,197,545 | 1% | $6,443,372 | 9% | $1759 | 13% | 222 | -23% | 91% |
| 2019 YTD | 20 | -15% | $126,371,185 | -17% | $6,318,550 | -2% | $1902 | 8% | 554 | 50% | 88% |
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.
Residential
2230 S Kihei Rd, Unit 9, Kihei, HI
MLS® #406227
Listed By: Delmore Realty
Office Contact: kim@delmore.net
A Special Chance For Maui Beachfront, One Of Only 12 Units In This Boutique Building, Is Available In Kamaole One #9. It's Hard To Find A Condo With A Better Beach And View Than What Is Available At Kamaole One: Charley Young Beach (north End Of Kamaole 1 B...
Residential
194 Lower Waiehu Beach Rd, Wailuku, HI
MLS® #405408
Listed By: BHGRE Advantage Realty Valley Isle
Ocean Front Home! Don't Miss This Incredible Opportunity To Own An Ocean Front Home. Motivated Seller Has Reduced The Price Substantially For Fast Sale Making This Move In Ready Home On A Large Lot The Most Affordable Ocean Front Home In Maui. Wake Up To Th...
Residential
2481 Kaanapali Pkwy, Unit 1119, Kaanapali, HI
MLS® #405586
Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-2525
Whaler 1119- Available To See On 4/30. Welcome To Your Dream Getaway At The Prestigious Whaler On Kaanapali Beach! This Exquisite 11th-floor, 1b/1b Unit Boasts A Prime Ocean View Location Overlooking The Serene Center Courtyard, Complete With Breathtaking O...
Residential
1 Ritz Carlton Dr, Unit 1125, Kapalua, HI
MLS® #402141
Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-7736
Experience The Ultimate Luxury And Privacy In A Newly Reimagined Ritz Carlton Kaplaua Residences After A Perfect Maui Day. This Ground-floor Unit Opens Up Onto A Large Lawn And Is One Of The Most Private Settings In The Complex. This Popular Vacation Rental...
Residential
3300 Wailea Alanui Dr, Unit 13f, Wailea/makena, HI
MLS® #405218
Listed By: Coldwell Banker Island Prop-Ku
Office Contact: Cell: 808-385-3992
Wailea Ekahi 13f – A Premier 1 Bed, 2 Bath Corner Unit Condo In A Prime Lower Village Location With Breathtaking Ocean Views And A Serene, Private Setting. This Large And Spacious 966 Sq. Ft. Residence Features An Enclosed Extension In The Bedroom, Where On...
Residential
500 Bay Dr, Unit 14b1, Kapalua, HI
MLS® #403455
Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-345-7654
Discover Kapalua Bay Villas On Maui, Where It Is All About The View. This Beautifully Renovated One Bedroom Condo Offers A Captivating View Of The Pacific Ocean And Molokai. Perched Perfectly To Capture Stunning Sunsets And The Serene Sounds Of The Waves, T...
Residential
500 Bay Dr, Unit 36g-4, Kapalua, HI
MLS® #403977
Listed By: Lowson & Associates
Office Contact: laurie@lowson.com
Oceanfront Opportunity With Expansive Views Toward Molokai, Plantation And Hawea Point. This One Bedroom, One Bath Unit Comes With A Bonus Den For Additional Living Space. Walk Out Onto Your Lawn With Beach Chairs And Watch The Sunset Year-round From Lanai ...
Residential
3300 Wailea Alanui Dr, Unit 13d, Wailea/makena, HI
MLS® #404511
Listed By: Island Sotheby's Int'l Rlty(W)
Office Contact: Cell: 808-264-1695
Ocean Views! Experience Paradise In Wailea Ekahi Unit 13d, A Stunning One Bedroom Condo With Vaulted Ceilings And Breathtaking Panoramic Ocean Views. Located In A Luxurious Beachfront Complex, This Immaculate Unit Has Been Lovingly Maintained And Thoughtful...
Residential
2481 Kaanapali Pkwy, Unit 357, Kaanapali, HI
MLS® #401240
Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-757-5113
Amazing Opportunity To Own An Ocean-view 1 Bedroom At The Whaler On Kaanapali Beach! Beachfront Living At Its Finest On One Of The Best Beaches In The World. Spend Your Winters Looking At Maui's Beautiful Humpback Whales Breaching In The Distance. The Whale...
Residential
500 Bay Dr, Unit 19-b4, Kapalua, HI
MLS® #403930
Listed By: Keller Williams Realty Maui-Ka
Office Contact: Cell: 808-276-7878
Ocean View, Kapalua Bay Villa 1 Bed 1 Bath, The Epitome Of Luxurious Bliss. Sought After Beachfront Property, Has Been Tastefully Remodeled In 2024, Highly Sought After Bridge Level Entry, "no Stairs". Living Room, Dining Area, And Lanai Gives You Views ...
Residential
4365 Lower Honoapiilani Rd, Unit 411, Napili/kahana/honokowai, HI
MLS® #405375
Listed By: Coldwell Banker Island Prop-Ku
Office Contact: Cell: 808-283-3055
Captivating Ocean And Island Views From Oceanfront Suite #411. Royal Kahana Is An Oceanfront Hotel Resort Property. The Spacious Two Bedroom Two And A Half Bath Suite Encompass 180 Degrees Of Windows, With A Wraparound Lanai, Maximizing Viewing Of The Most ...
Residential
1032 S Kihei Rd, Unit B420, Kihei, HI
MLS® #405471
Listed By: Kumulani Vacations&Realty
Experience The Ultimate Ocean View And Luxury Living In This Stunning Beachfront Property With High-end Finishes. Welcome To Maui Sunset B420, An Exceptional 2-bedroom, 2-bathroom Oceanfront Condo That Offers The Perfect Blend Of Comfort, Style, And Breatht...
Corrected and Revised 1/27/2020
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) & Team
Vice President
Island Sotheby's International Realty