Montage Residences Kapalua Bay: Condominium Listings and Sales
Market Overview September 2021

Montage Residences at Kapalua Bay
Whole Ownership Condominium Residences

Since being rebranded the Montage Residence Kapalua Bay in 2014, sales at the property have soared and 2021 is no exception. 

When originally developed as a Ritz-Carlton Club and Residences in 2008, the property was comprised of 84 wholly-owned three and four-bedroom residences, some of the largest condominiums available in West Maui.  These residences are known as the Grand Residences, and are located in buildings 1, 2, 5 and 6, have three and four bedrooms, and ranged from 2,789 to 4,055 sq. ft. 

The development also included 62 smaller two and three-bedroom residences that

Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market.

Along with the rest of the country, Maui's real estate market has been far more active than last year during the pandemic.  

The report notes "New Listings remained flat for Single Family homes but decreased 48.0 percent for Condominium properties. Pending Sales increased 15.0 percent for Single Family homes and 31.5 percent for Condominium homes. Inventory decreased 45.1 percent for Single Family homes and 82.7 percent for Condominium homes.

Median Sales Price increased 30.2 percent to $1,040,000 for Single Family homes but decreased 2.0 percent to $650,000 for Condominium homes. Days on Market decreased 11.6 percent for Single Family homes and 44.4

The Kapalua Resort: Residential Market Update
Home and Land Sales, August 30, 2021

Updated 8/31/2021

The Kapalua Resort is comprised of five residential communities, along with four oceanfront parcels with private residences.  Each neighborhood is distinct, and amenities and lot sizes vary considerably. 

Lots in Pineapple Hill tend to be approximately a quarter acre, and approximately a half-acre in Pineapple Hill Estates and are situated overlooking the Kapalua Bay Course.  The Mahana Estates is Kapalua's newest residential community, with lots ranging from .64 to 4.3 acres.  The lower portion of the Mahana Estates development borders the Plantation Course.  The Plantation Estates homesites are situated along the Plantation Course, and are 2+

Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market.

Along with the rest of the country, Maui's real estate market has been far more active than last year during the pandemic.  The number of sales has increased dramatically across all market sectors--homes, condos and land.  The median price has increased as well, in part spurred by oceanfront home and resort sales.  We are seeing fewer condominium sales than we did in July. However, it should be noted that inventory is down dramatically.

As of the date of this post:

MAUI HOMES: ACTIVE LISTINGS, PENDING SALES, AND SALES THROUGH 7/31/2021

Active Listings: 194 homes from $390,000 (Hawaiian Home Lands) to $26,000,000
Pending: 234 homes from $430,000

The Ridge at Kapalua: Ridge Villa 1823

The Ridge at Kapalua has long been one of Kapalua's most desirable condominium communities.  Nestled along the Kapalua Bay Course, the Kapalua Ridge Villas is a low-density development comprised of 161 one and two bedroom villas on close to 21.8 acres.  Onsite amenities include two pools.  The Ridge Villas is located across the street from the beach access points to Oneloa Bay and Kapalua Bay.

Ridge Villa 1823 is a sought-after, two bedroom townhouse style villa.  The floorplan provides spacious interiors coupled with a large lanai off of the living room, and private lanais for each bedroom suite.

The lanai overlooks the first hole of the popular Kapalua Bay Course.  Perched on the hill, the views extend

Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market.

Along with the rest of the country, Maui's real estate market has been far more active than last year during the pandemic.  The number of sales has increased dramatically across all market sectors--homes, condos and land.  The median price has increased as well, in part spurred by oceanfront home and resort sales.

The days on market is down for both homes and land, but is up for land, which tends to be a slower-moving market on the whole, as it doesn't allow immediate use and enjoyment and the building process does take time.

Read the full report and see how it compares to prior years here: Maui Real Estate Statistics

The Kapalua Resort: Market Update 
June 1, 2021

Market Overview: Kapalua Resort Condos, Homes and Land

Active Listings: 54
Price Range: $750,000-$9,900,000
Avg LP/Sq. ft.: $779
Avg DOM: 264
Pending Sales: 46
Price Range: $760,000-8,500,000
Avg LP/Sq. Ft.: $786
Avg DOM: 174

The Napili Point, an oceanfront enclave in Napili, Maui

Why we love Napili Point

Situated on a sleepy little cove in Napili, the Napili Point is a popular vacation destination.  Honokeana Cove is just South of Napili Bay, and is known for its crystal clear waters.  Each afternoon, you can spot turtles in the Bay, which has views out toward the Pailolo Chanel. 

A walking path connects Napili Point to Napili Bay, one of Maui's most iconic beaches, and home to the Sea House Restaurant and the Gazebo, a popular breakfast spot.

Developed in two phases in 1977 and 1978, there are 71 1B/1B units and 44 2B/2B units at Napili Point situated on 5.31 acres.  There are two swimming pools as well as BBQ areas and picnic tables for guests.

The Market

Introducing Sands of Kahana: Residence 456

Enjoy dining al fresco from this oceanview lanai.  Watch the whales and Maui's maginficent sunsets

Residences at the Sands of Kahana rarely come up for sale.  Known for their spacious size and stunning views, this is a popular location for second homeowners and vacationers alike. Nestled along the beach in Kahana, the Sands of Kahana resort is 

Why we love it...

In addition to the generous floor plans and spacious lanais, the Sands of Kahana is designed for all ages, with many onsite amenities:

• restaurant
• 24-hour front desk
• pool
• kids water playground
• two hot tubs
• recreation area
• fitness room
• putting green
• lit tennis & basketball courts
• elevator access
• storage

Masters at Kaanapali Hillside: Residence 2203

The Masters at Kaanapali Hillside has long been one of Maui's most desirable condominium communities.  Nestled along the Kaanapali Kai course, the low-density development is comprised of 200 one, two and three-bedroom residences on close to 38 acres.

The owners of Masters 2203 have thoughtfully reimagined the interior, creating a clean, modern, yet warm space. 

French Oak floors create a light backdrop for the living spaces. Furnishings and Decor were sourced by the designer from Restoration Hardware, Serena and Lily, and other high-end purveyors. 

The kitchen has been reconfigured, opening to the living room.  The gracious island seats six, and a clever design allows for both additional