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.  

Montage Residences Kapalua Bay whole ownership residences are located in buildings 1, 2, 5 and 6, with fractional 1/12th ownership residences located in buildings 3 and 4.

Featured Listings: Spotlight on Residences 1205 and 5202

Montage 1205

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 Residence Kapalua Bay for Sale

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

9 Properties Found. Page 1 of 1

The Montage Residences Kapalua Bay Is Nestled A...

Photo of Listing #401006

$7,375,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,789 ft²

Residential

1 Bay Dr, Unit 2504, Kapalua, HI

MLS® #401006

Listed By: Island Sotheby's Int'l Rlty(L)
Office Contact: Cell: 808-250-0210

The Montage Residences Kapalua Bay Is Nestled Along The Shoreline Overlooking One Of Maui’s Most Popular Beaches, Kapalua Bay. This Stunning Condominium Residence Enjoys A Desirable Upper-level Location That Opens To Panoramic Ocean Views Of The Pacific Oc...

This Oceanfront Penthouse Occupies A Prime Loca...

Photo of Listing #400821

$11,295,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,904 ft²

Residential

1 Bay Dr, Unit 1502, Kapalua, HI

MLS® #400821

Listed By: Compass
Office Contact: Cell: 808-283-3436

This Oceanfront Penthouse Occupies A Prime Location At Montage Kapalua Bay, Offering Breathtaking, Unobstructed Views Of The Sparkling, Sapphire Blue Waters Of The Pacific Ocean, And The Islands Of Lana'i And Moloka'i. Enjoy Kapalua’s Best With Picturesque ...

Montage Grand Residence Penthouse Ocean Front. ...

Photo of Listing #400786

$10,975,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,789 ft²

Residential

1 Bay Dr, Unit 1604, Kapalua, HI

MLS® #400786

Listed By: Compass
Office Contact: Cell: 808-283-3436

Montage Grand Residence Penthouse Ocean Front. Perched On The Top Floor With Unparalleled Views Of The Island Of Mokokai. Home Features 3 Bedrooms 3.5 Baths And And 2789 Square Foot Living Space. Turn Key Ready And Fully Furnished This Is Rare Opportunity...

Introducing One Of The Rarest Units In One Of H...

Photo of Listing #400699

$5,750,000 Active Fee Simple

  • 2 Beds
  • Baths
  • 21 Acres
  • 1,774 ft²

Residential

1 Bay Dr, Unit 3704, Kapalua, HI

MLS® #400699

Listed By: Island Sotheby's Int'l Rlty(W)
Office Contact: Cell: 808-283-7965

Introducing One Of The Rarest Units In One Of Hawaii’s Most Sought-after Luxury Resorts: Montage Residences Kapalua Bay 3704. The Awe-inspiring 2 Bedroom / 2.5 Bathroom Luxury Unit Is On The Penthouse Level, To Ensure A Maximum Level Of Privacy And Unrivale...

Welcome To The Montage Residences Kapalua Bay, ...

Photo of Listing #400675

$8,900,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,904 ft²

Residential

1 Bay Dr, Unit 1302, Kapalua, HI

MLS® #400675

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-344-2677

Welcome To The Montage Residences Kapalua Bay, Unit 1302! This Grand Residence 3-bedroom, Den, 3.5 Bathroom Property Is One Of The Most Desirable Residences Within The Montage Community Because Of Its Direct-front Row Location. Its 3rd Floor Location Offers...

This Exquisitely Furnished Residence Offers Lux...

REDUCED 5% Photo of Listing #400442

$7,500,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,789 ft²

Residential

1 Bay Dr, Unit 1204, Kapalua, HI

MLS® #400442

Listed By: Compass
Office Contact: Cell: 808-283-3436

This Exquisitely Furnished Residence Offers Luxury Resort-style Living, Elevating The Experience Of Coastal Elegance To New Heights. With Direct Oceanfront Access And A Walkout To A Tropical, Grassy Lawn Area, This Second-floor Elevation Home Presents An In...

Introducing A Rare Opportunity To Own A Direct ...

Photo of Listing #400337

$12,950,000 Pending Fee Simple

  • 4 Beds
  • Baths
  • 21 Acres
  • 4,055 ft²

Residential

1 Bay Dr, Unit 2201, Kapalua, HI

MLS® #400337

Listed By: Compass
Office Contact: Cell: 808-283-3436

Introducing A Rare Opportunity To Own A Direct Oceanfront Montage Residence At Kapalua Bay, Maui. This Exquisite 4-bedroom, 4.5-bath Residence Is One Of Only 8 Four-bedrooms On The Property, Offering A Unique Blend Of Luxury, Comfort, And Natural Beauty. B...

Welcome To A Life Of Unparalleled Beauty, Tranq...

REDUCED 3% Photo of Listing #399525

$4,250,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,789 ft²

Residential

1 Bay Dr, Unit 5104, Kapalua, HI

MLS® #399525

Listed By: Compass
Office Contact: Cell: 808-283-3436

Welcome To A Life Of Unparalleled Beauty, Tranquility, And Elegance At Montage Residences Kapalua Bay, Where Residence 5104 Invites You To Experience The Ultimate Blend Of Indoor-outdoor Living, Captivating Gardens, And The Unique Allure Of Maui's West Coas...

4201 Montage, Kapalua Bay Is A Beautifully Appo...

Photo of Listing #399361

$4,295,000 Pending Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,065 ft²

Residential

1 Bay Dr, Unit 4201, Kapalua, HI

MLS® #399361

Listed By: Maui Resort Realty
Office Contact: richard@mauiresortrealty.com

4201 Montage, Kapalua Bay Is A Beautifully Appointed 3 Bedroom 3.5 Bath Residence With Breathtaking Ocean-views From The Living Room, kitchen And Both Master Suites.   offered Fully Furnished And Featuring High-end Touches Throughout Set Just Above The Imma...

*the information on the listings is taken from the MLS on the date of this post and is subject to change.

Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty

 

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