Napili Real Estate

Found 6 blog entries about Napili Real Estate.

Frequently Asked Questions: What is the difference between Leasehold and Fee Simple Ownership in Hawaii

Alaeloa Maui Leasehold

Alaeloa: a rare gem, oceanfront and ocean view cottages in Napili, Maui

Why is there leasehold property? The History of Leasehold Property in West Maui:

With the development of the Kaanapali Resort in 1961 and later the Kapalua Resort in 1978, Maui became a vacation destination. As tourism flourished and became the mainstay of our economy, local landowners partnered with developers to build Leasehold condominiums on family-owned properties or on former agricultural land.  In West Maui, many local landowners saw this as a way to retain ownership of their land and derive income from the lease rents.  Leases were typically set for 99 years,

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Maui Real Estate Market Update

Maui Real Estate Sales: Homes, Condominiums and Land Through November 2016

The November Maui County Real Estate Market Update is now available for your review.  The report details sales activity through November, 2016 as compared with that of the prior year.  

Maui's Real Estate Market: Active Listings

There is a slight increase in active listings, which is typical of this time of year as many Sellers in resort areas list condominium and residential properties when tourism levels (which bring prospective buyers) increase.

  Active Listings Average List Price Average Days on Market
All* 1,614 $1,625,081 220
Residential 484 $2,600,662 147
Condominium 822
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Alaeloa: Short Term Rental Update

Alaeloa Bay Maui

Alaeloa is one of Maui's best kept secrets.  This secluded, gated community of just 42 residences is nestled along West Maui's shore complete with a mango grove and oceanfront pool. Built in 1964, this charming enclave of cottages and duplexes in a residential community, has been called the "Pebble Beach of the Pacific" and has been a much loved vacation destination over the years.  

Maui County defines anything under 180 days as a short term or a transient vacation rental, which is typically not permitted in Residential Districts. Enter the recent question of vacation rentals at Alaeloa:

Maui County Code allows for TVR's in residentially zoned planned developments consisting solely of duplexes or

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Maui Real Estate Market Spotlight |  West Maui Oceanfront Homes
Olowalu to Kapalua

West Maui Oceanfront Homes for Sale

West Maui, which stretches from Olowalu to Kapalua, naturally has a very limited number of oceanfront homes unlike other coastal areas of the island.  A majority of the oceanfront homes here are on rocky beaches or points, and only a handful are located on the beaches in Olowalu, Lahaina, Kaanapali, Kahana, Napili and Kapalua.  

Maui Oceanfront Homes:

West Maui Oceanfront and Beachfront Homes | Market Overview
Active Listings: 4
Price Range: $9,895,000 to $20,000,000  
Average List Price: $15,646,250
Average Days on Market: 393
Average LP $/Sq. Ft.: $2,807

Pending Sales: 2
Price Range: $5,850,000 to $12,800,000
Average List Price: $9,325,000
Average Days on

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Maui Real Estate Market Update

Through August 2016

The August Maui County Real Estate Market Update is now available for your review.  The report details sales activity through August, 2016 as compared with that of the prior year.  

Maui's Real Estate Market: Active Listings

  Active Listings Average List Price Average Days on Market
All 1,629 $1,484,435 254
Residential 502 $2,283,790 163
Condominium 778 $981,617 177
Land 349 $1,455,543 558

Maui's Real Estate Market: Sales through August 2016

Across the island, the median sales prices are up for homes and condominiums, but down for vacant land.  Sales volume increased most for condominiums,

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Alaeloa Maui
New Listing and Market Update

Alaeloa is truly one of Maui's hidden gems...an enclave of just 42 residences on 13 acres, this private, gated community is situated on a private oceanfront cove in Napili.  Through a large mango grove there is direct access to a crescent beach and the surf break at Little Makaha.  Along the ocean is a large heated saline pool, along with a relaxing Pavilion with kitchen, bathrooms and showers, kayak and board storage areas. 

Alaeloa Maui Condominium Grounds

The oceanfront pool at Alaeloa

Introducing Alaeloa 40

This two bedroom, two bathroom condominium residence is one of only two townhouse units on property.  The two story floor plan provides views from both levels, and has been extensively refurbished and beautifully

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