Montage Residences Kapalua Bay | Live in Luxury

Posted by Courtney M. Brown on Thursday, September 15th, 2016 at 1:59pm.

The Montage Residences Kapalua Bay

Since opening to the public in 2014, the Montage Kapalua Bay Hotel and Residences has been gathering some of the hospitality industry's most coveted awards and accolades.  In 2016 it was awarded 5-stars by Forbes, and named the #1 Best Resort Hotels in Hawaii and #4 Best Hotels in the World by Travel and Leisure.  The Spa Montage (Conde Nasté Reader's Choice Awards, 2015 20 Best Spas) and its flagship restaurant, Cane & Canoe (Maui No Ka Oi Magazine, Best Innovative Menu, 2016 and Best New Restaurant, 2015) have also been recognized.

With a focus on five star service and amenities, and its incredible setting, it's no surprise the private residences are also proving to be very desirable purchases, setting record high sales for condominium residences in West Maui.  Adding to the location and spacious size (residences range from 2,789 to 4,055 sq. ft.), owners have the option of renting the residences when not in use due to the hotel zoning.

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Montage Residences Kapalua Bay Condo for Sale 1205

Montage Residences Kapalua Bay, Residence 1205

Now offered at $5,795,000 this private residence is positioned overlooking the crescent shaped beach at Maui's famed Kapalua Bay, with views of the outer islands of Molokai and Lanai.  This three bedroom residence enjoys a private yard beyond a large sheltered lanai, perfect for taking in the ocean views and sunset.

Current Market Summary: Montage Residences Kapalua Bay

Active Listings: 9 in MLS.  Three are resales, and the remainder are developer inventory. There is some developer inventory not actively listed but available.  Inquire for more information.
Price Range: $3,550,000 to $8,750,000
Average LP: 
Average LP/Sq. Ft.: $1651

Pending Sales: 3
Price Range: $3,600,000 to $4,500,000

Sales YTD: 6
Price Range: $3,125,000 (resale), and $3,850,00 to $8,650,000 (developer)
Average Sales Price (all): $4,795,888
Average SP/Sq. Ft (all).: $1551

Montage Residences Kapalua Bay Condo for Sale 5202

Montage Residences Kapalua Bay, Residence 5202

Montage Residence 5202 is currently the lowest priced offering in the MLS at $3,550,000.  Located in the desirable 02 stack in building 5, this residence features an ocean view lanai with sweeping views of the coast and the outer islands off the living room and master bedroom, as well as a private garden lanai off the guest master.  This is an exceptional value in this five star property. 

Sales History: Ritz-Carlton Residences Kapalua Bay and Montage Residences Kapalua Bay

Originally developed as a Ritz-Carlton Club and Residences and offered in 2009, the property was offered with 84 whole ownership private condominium residences and 64 fractional (1/12) ownership residences 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.  

Poor market timing of the launch led to foreclosure.  Island Acquisitions, formed by capital group Lantern Asset Management, became the new owner in early 2013, with 56 private residences as their holdings, along with unsold fractional interests  (there were 177 of 744 fractional interests sold in the original offering).

After extensive upgrades were made to the property, it was rebranded and launched as the Montage Kapalua Bay.  Unsold fractional interests became hotel inventory.  Sales of the private residences commenced in the summer of 2014, and have since brought in record high values for West Maui condominiums.  In all, there have been 23 sales since the rebranding as the Montage Residences Kapalua Bay.

Sales Since Re-Launch 2014:
Price Range: $3,125,000 (resale) and $3,850,000 to $8,650,000 (developer)
Average SP (all): $5,057,826
Average SP/Sq. Ft. (all): $1638

For more information on both resales and developer offerings at the Montage Residences Kapalua Bay, please contact Courtney.

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...

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

 

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