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
250 Hauoli St 415, Maalaea, HI
MLS® #407097
Listed By: Compass
Office Contact: Cell: 808-357-9774
Welcome To Kanai A Nalu 415, A Beautifully Renovated Top-floor Ocean View Condo That Combines Island Charm With Modern Comfort. From This Unit, You’ll Enjoy Breathtaking Views Over The Pacific, Creating The Perfect Backdrop To Your Maui Lifestyle. This Sp...
Residential
3785 Lower Honoapiilani Rd 107, Napili/kahana/honokowai, HI
MLS® #407806
Listed By: Hawaii Life (W)
Office Contact: Cell: 808-250-2178
Gorgeous Ocean Views Are Waiting For You—welcome To Kaleialoha 107. This Ground-floor, 1-bedroom, 1-bath Oceanfront Condo Is An Opportunity You Won’t Want To Miss. With No Stairs Or Elevators Required, Access From The Ocean Or Your Parking Space Is Effortle...
Residential
938 S Kihei Rd 423, Kihei, HI
MLS® #408492
Listed By: Kokua Realty LLC
Luxurious Ocean View Turnkey Vacation Rental Condominium. The Private Lanai Offers Incredible Ocean And Sunset Views And Is Ideally Situated For Wintertime Whale Watching. The Upgraded Modern Kitchen Includes Sleek Cabinetry, Modern Countertops, And Stain...
Residential
4365 Lower Honoapiilani Rd 619, Napili/kahana/honokowai, HI
MLS® #403675
Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-7736
Discover Your Perfect Maui Retreat In This Impeccable Studio Condo At Royal Kahana, A Popular, Oceanfront, Hotel-zoned, Vacation Rental With Great Ocean Views. Enjoy The Convenience Of Top-notch Amenities Like A Beachside Pool, Fitness Center, Bbq Facilitie...
Residential
3445 Lower Honoapiilani Rd 322, Kaanapali, HI
MLS® #408168
Listed By: eXp Realty
Office Contact: Cell: 808-269-8633
Hotel Zoned. Ka'anapali Shores #322 Is One Of The Largest 1br Units Featuring The "c" Floor Plan Within This Aston Luxury Resort. This Unit Has A Spacious Great Room With A Full-size Kitchen That Features Granite Counter Tops And Custom Cabinets. The Lanai ...
Residential
3975 Lower Honoapiilani Rd 120, Napili/kahana/honokowai, HI
MLS® #408324
Listed By: Real Broker
Office Contact: Cell: 808-298-2030
Polynesian Shores #120 Offers An Inviting Ground-floor, One-bedroom Retreat Within One Of West Maui’s Most Cherished Oceanfront Communities. This Ocean View Unit It Surrounded By Lush Tropical Landscaping And It Opens Directly To The Beautifully Maintained ...
Residential
3445 Lower Honoapiilani Rd 551, Napili/kahana/honokowai, HI
MLS® #405553
Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-264-4617
This 1 Bed 1 Bath Ocean View Upgraded Unit Is Located Just Minutes Away From World Famous Kaanapali Resort Which Offers World Class Beaches, Upscale Shopping And An Array Of Award-winning Restaurants And 2 Golf Courses. Should You Decide Not To Venture Out,...
Residential
3875 Lower Honoapiilani Rd B-306, Napili/kahana/honokowai, HI
MLS® #406501
Listed By: Coldwell Banker Island Prop(Ka)
Office Contact: Cell: 808-385-4665
Welcome To Your Slice Of Paradise At Hale Mahina, One Of West Maui’s Most Sought-after Beachfront Complexes. Perfectly Located This Corner Unit Is Situated Between World Class Kapalua And Kaanapali Resorts And Just Minutes From Shopping, Dining, And Activit...
Residential
20 Hauoli St 305, Maalaea, HI
MLS® #407697
Listed By: Coldwell Banker Island Prop(Ka)
Office Contact: Cell: 808-385-4665
Prepare To Fall In Love With Oceanfront Living At Ma‘alaea Mermaid! Welcome To Unit 305, A Beautifully Upgraded 1-bedroom, 1-bath Unit Offering 648 Sq. Ft. Of Living Space And Ocean Views In One Of Ma‘alaea’s Most Popular Beachfront Complexes. Step Insi...
Residential
4327 Lower Honoapiilani Rd 802, Napili/kahana/honokowai, HI
MLS® #406088
Listed By: Keller Williams Realty Maui-Ka
Office Contact: Cell: 808-870-0674
Oceanfront Opportunity In Hotel-zoned Resort! Wake Up To Panoramic Ocean Views From This 1-bed, 1-bath Condo At Valley Isle Resort In Kahana. This Spacious 768 Sq. Ft. Unit Features A Murphy Bed In The Living Area For Added Flexibility And Offers Stunning V...
Residential
3559 Lower Honoapiilani Rd 5g, Napili/kahana/honokowai, HI
MLS® #403942
Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-357-4000
Direct Oceanfront Location For This Top Floor, Upgraded 2 Bd/1.5 Ba Unit At Maui Sands. Stunning Ocean Views Are Enjoyed The Minute You Walk Thru The Front Door Of The Unit, From The Living Room, Kitchen And The Large Lanai. Sit On The Lanai And Observe The...
Residential
3959 Lower Honoapiilani Rd 304, Napili/kahana/honokowai, HI
MLS® #406098
Listed By: MegaVega Properties LLC
Office Contact: megavegamaui@gmail.com
*new Price* Discover This Inviting 1st-floor Unit With Stunning And Lush Garden Views! Oceanview From The Lanai. Enjoy All-new Stainless Steel Appliances, Stylish Tile Floors, And A Mirrored Living Room That Enhances Space With Privacy Shudders. Relax While...
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