Montage Residences Kapalua Bay | Listing and Market Update
Posted
by Courtney M. Brown
on Saturday, December 17th, 2016 at 4:07pm.
The Montage Residences Kapalua Bay | Market Update
The Montage Residences Kapalua Bay
The Montage Kapalua Bay is situated on over twenty oceanfront acres overlooking one of Maui's most iconic beaches, Kapalua Bay. Formerly the site of the Kapalua Bay Hotel, this incredible property was completed in 2009, offering some of the largest condominium residences in West Maui, ranging from three to four bedrooms, and 2791 to 4055 sq. ft.
Featured Listings: Spotlight on Residences 1205 and 5202
Montage 1205: a private garden overlooking Kapalua Bay
Montage Residences 1205 This exceptional residence is the only residence with a private, fenced in yard. Situated oceanfront and overlooking the ocean and the beach at Kapalua Bay, this residence is perfectly oriented to take in Maui's magnificent sunsets, which move between Molokai and Lanai depending on the season. Offered fully furnished, this residence features custom built-ins and furnishings from Bassman Blaine. 3 Bedrooms/3 Baths 2791 sq. ft. Currently offered at $5,495,000
Montage Residences 5202 Currently the lowest priced property at the Montage Residences Kapalua Bay, Montage Residences 5202 represents an incredible opportunity to own at this five star property.* Located in the popular "02" stack in building 5, this particular location has been very desirable for a few reasons, including the corner location creating a more spacious ocean view lanai and because it is the only stack with a lanai off the guest master with a view overlooking the bamboo gardens. 3 Bedrooms/3 Baths 2791 sq. ft. Currently offered at $3,550,000
Montage Residences Kapalua Bay: the view from Residence 5202
Montage Residences Kapalua Bay: Current Listings and Sales Overview
Originally conceived as a Ritz-Carlton Club and Residences, the property was rebranded a Montage in 2014. Since becoming a Montage property, the Forbes five star property has attracted buyers for the luxury condominiums which range from a spacious three to four bedrooms. With a focus on amenities, a sense of place and owner experience, the property sales have gained momentum with 24 developer sales and 2 resales. Overall, there are 52 privately owned units, with a remaining 32 owned by Island Acquistions.
Montage Residences Kapalua Bay
2016 YTD
2015
2014
2011
2010
2009
Number of Listings*
8
Average List Price
$4,916,250
Average LP/Sq. Ft.
$1616
Pending Sales
1
Number of Sales
9
9
8
5
4
5
Low Sales Price
$3,125,000
$3,950,000
$4,300,000
$2,800,000
$3,300,000
$3,450,000
High Sales Price
$8,650,000
$4,900,000
$8,250,000
$3,317,062
$5,735,000
$5,000,000
Average Sales Price
$4,555,555
$4,350,000
$5,484,125
$3,114,412
$4,137,000
$4,326,498
Average SP $/Sq. Ft.
$1516
$1609
$1735
$1066
$1357
$1407
Average Days on Market
147
168
67
1488
594
834
Helpful Information: Under the Ritz-Carlton brand, developer sales began in 2009 and lasted until 2011, with 84 whole ownership private condominium residences and 64 fractional ownership residences (1/12th interests). There were 13 Initial sales to the public that ranged from $2,800,000 to a high of $5,735,000. There was a block of 15 residences purchased by Exclusive Resorts for $56,574,392. During that time, there was one resale, Residence 1305, which was originally purchased for $3,300,000 in 2009 and sold in 2011 for $2,850,000.
Sales began again in 2014 to present under the Montage brand. In 2016, 6 of the sales were ocean view residences, with only 3 oceanfront sales and one 4 Bedroom sale. In 2015, 5 of the sales were oceanfront, and 4 ocean view. No 4 Bedroom Sales. In 2014, the majority of the sales were oceanfront and three of the sales were 4 Bedroom residences ranging from $7,750,000 to $8,250,000. Since the rebranding, there have been two resales at $3,125,000 and $4,300,000.
Not all developer inventory is listed in MLS. At the time of this post, three of the listings are re-sales. For a complete overview of available condos at the Montage Residences, Kapalua Bay, please contact Courtney.
View Montage Residences Kapalua Bay Condos for Sale
Welcome Home To Residence 5304. This Breathtaking Corner Location With Additional Windows Throughout Brings In The Incredible Natural Lighting Throughout The Day. Enjoy The Sweeping Views From The West Maui Mountains To The Pacific Ocean With The Island Of ...
Montage Residences Kapalua Bay #2604 Is Truly One-of-a-kind Opportunity To Experience Oceanfront Living On Maui's Treasured Kapalua Shoreline With Direct Access To Sandy, Crescent Kapalua Bay, Once Voted As The Best Beach In America By Conde Naste. The Corn...
The Montage Kapalua Bay Residences Is Truly A One-of-a-kind Opportunity To Own A Piece Of Maui's Most Prime Real Estate On Breathtaking Kapalua Bay, Rated By Conde Nast As "best Beach In America". With Over 2,700 Living Square Feet, This Spacious 3-bedroom ...
Welcome Home To Oceanfront Resort Living At It's Finest. This Spectacular 4-bedroom, 4.5 Bathroom Residence Offers A Prime Front Row Location And Unobstructed Views Of Maui's World Famous Sunsets All Year Round. Never Before Offered For Sale, The Montage Pr...
Montage Residences Kapalua Bay. A Truly One-of-a-kind Opportunity To Own A Tranquil Garden View Residence With Private Lawn Along The West Maui Shoreline. A Few Short Steps To The White Sandy Crescent Of Kapalua Bay, With Panoramic Ocean Views Framed By The...
Rare Opportunity To Purchase An Oceanfront, Building 1 Top Floor Penthouse Residence. Montage Residences Kapalua Bay. A Truly One-of-a-kind Opportunity To Own Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay, With Panorami...
Absolute Elegance Is What Montage Has Become Known For. With An Exceptional Location On The Pristine Kapalua Coast, This Luxurious And Spacious Property Has 3 Bedrooms & A Den. The Beautiful Hardwood Floors, Strikingly Exotic Granite, Lavish Bathrooms And ...
Welcome Home To Residence 2402. A Spectacular Opportunity To Own A Luxury Residence Along The West Maui Shoreline, Overlooking The White Sandy Crescent Of Kapalua Bay. Located Within The Renowned Kapalua Resort, Home To Two Championship Golf Courses, Miles ...
Relax And Enjoy The Tropical Ambiance And Unforgettable Mesmerizing Azure Seas Of Kapalua Bay From This Lovely 3 Bedroom, 3.5 Bath Grand Residence! Close To Beach And Pools, And Restaurants On Property. Lives Like A Home,with Over 3000 Sq Ft Under Roof Incl...
Most Prime 3 Bedroom Montage Residence Located In Prestigious Building 1 With Close Proximity To Kapalua Bay And The Beach Club. Residence 1205 Is The Only Unit At The Montage With Its Own Private Yard Creating A Gorgeous Garden Setting. Perfect For Enterta...
Relax And Luxuriate In Tropical Ambiance And The Unforgettable Brilliant Turquoise Seas Of Kapalua Bay! Stunning Views From This Lovely 3 Bedroom, 3.5 Bath Spaciously Designed Grand Residence With A Den! Close Access To Beach And Pools, Restaurants, Spa And...
Come Home To Montage! Relax Amidst The Tranquil Tropical Ambiance Of This Exquisite Grand Residence. 3 Substantially Large Ensuite Master And Guest Master Bedrooms, 3.5 Spacious And Luxurious Baths, Plus Den/office/guest Room, All Steps From The Mesmerizing...