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
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 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. 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...
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...
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 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 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, 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 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...