KAANAPALI RESIDENTIAL MARKET UPDATE: Q3 2022 

Kaanapali Resort Residential Communities

Kaanapali Homes

Kaanapali is home to several different residential communities, with offerings running from smaller home sites to large acreage, and from Mauka to Makai.   Located on Kahekili is the Kai Ala Drive development with just six oceanfront parcels.  The remainder of the residential developments are Mauka of the highway: the Kaanapali Hillside, Royal Kaanapali Estates, Kaanapali Vista, Kaanapali Golf Estates, and Kaanapali Coffee Farms.  Within the Kaanapali Golf Estates are smaller subsections including the Pinnacle, Kahua Kai, Summit and Lanikeha. 

How does the market through the end of the third quarter of 2022 stack up for each

KAPALUA MARKET UPDATE: Q3 20

The view from 222 Crestview, Pineapple Hill Estates

Kapalua Condominiums, Homes and Land

Kapalua Condominiums

Kapalua is home to several different condominium communities, with offerings ranging from one to four-bedroom condominiums.  The Kapalua Bay Villas, Kapalua Ironwoods, The Coconut Grove on Kapalua Bay, the Montage Residences Kapalua Bay and the Ritz-Carlton Kapalua Residences are all oceanfront properties nestled along the Kapalua Resort's spectacular shoreline.  The Kapalua Ridge Villas and Kapalua Golf Villas both are located on the Kapalua Bay Course with ocean and golf course views.

How does the market through the end of the third quarter of 2022 stack up for each community?

A FIVE-YEAR OVERVIEW

Kapalua Resort, Maui: residential market update

Sold: 320 Cook Pine Drive listed by Courtney M. Brown sold for $3,850,000.

Kapalua Homes for Sale: Active and Pending Listings

Kapalua is comprised of several distinct communities, yet all flow together due to strong architectural and design guidelines: Pineapple Hill & Pineapple Hill Estates, Mahana Estates, Honolua Ridge, Plantation Estates Phases I and II, and Kapalua Place.  There are also three homes on oceanfront points within the Resort that aren't a part of a formal subdivision.

At the time of this post, there are just three active listings and three pending sales:

The active listings include a home on a double lot in Pineapple Hill that was originally built by musician Carlos Santana,

Live front and center on the Beach at Kapalua Bay:

Spotlight on the Coconut Grove on Kapalua Bay

The Coconut Grove on Kapalua Bay is one of Kapalua's hidden gems.  Situated overlooking Kapalua Bay, this gated enclave of just 36 residences is located next door to the Montage Residences Kapalua Bay, and represents an exceptional value on a price-per-square-foot basis.  At the time of this post, the two oceanfront Montage Condos 2203 and 1203 are for sale at $2927 and $3375/sq. ft. 

The Coconut Grove does not allow short-term rentals, and many residents love the peaceful, less transient feel of the community.  The Plan 1 is a 3B/3B floor plan and the Plans 2, 3 and 4 are 3B/3.5B residences.  The oceanfront Plan 4 floor plans all have an

KAPALUA MARKET UPDATE: Q1 2022

Kapalua Condominiums

Kapalua is home to several different condominium communities, with offerings ranging from one to four-bedroom condominiums.  The Kapalua Bay Villas, Kapalua Ironwoods, The Coconut Grove on Kapalua Bay, the Montage Residences Kapalua Bay and the Ritz-Carlton Kapalua Residences are all oceanfront properties nestled along the Kapalua Resort's spectacular shoreline.  The Kapalua Ridge Villas and Kapalua Golf Villas both are located on the Kapalua Bay Course with ocean and golf course views.

Key Figures for Kapalua Condo Sales in 2021 by Complex

At home in Paradise: Mahana 707

The Mahana is one of Kaanapali's best kept secrets. at the North end of Kaanapali, it's private, yet close to everything.  Meander along the beach path that extends along Kekaa Beach to Black Rock and the restaurants, resorts and shopping on Kaanapali Beach, with the iconic Duke's restaurant located next door.

The Mahana offers a rare oceanfront floorplan, where both the living room and bedroom are directly oceanfront, both enjoying access to the spacious lanai. Perfect for watching Maui's amazing sunsets and whale watching.

The coveted 7th floor location at the Mahana at Kaanapali provides a perfect vantage point--it's high enough above the beach to be private, yet not so high that you feel adrift. 

Market Spotlight: Wailea Beach Villas

The boutique condominium property at Wailea Beach Villas is one of Wailea's most desirable communities.  The Wailea Beach Villas is a gated community with 99 residences in 9 buildings situated on 10.7 acres.  The hotel zoning allows vacation rentals, which makes it a popular option for owners that want to offset their operating expenses when not in residence.  The spacious residences combined with a variety of amenities and tropically landscaped grounds accented by tiki torches have garnered awards and accolades from Conde Nast, TripAdvisor, Booking.com, and Trivago.  Guests have access to two pools, a fitness center, a business center, billiards and game room, concierge service, and one of Maui's most

Market Spotlight: Montage Residences Kapalua Bay

Since being rebranded the Montage Residence Kapalua Bay in 2014, sales at the property have soared and 2021 is no exception. 

When originally developed as a Ritz-Carlton Club and Residences in 2008, the property was comprised of 84 wholly-owned three and four-bedroom residences, some of the largest condominiums available in West Maui.  These residences are known as the Grand Residences, and are located in buildings 1, 2, 5 and 6, have three and four bedrooms, and ranged from 2,789 to 4,055 sq. ft. 

The development also included 62 smaller two and three-bedroom residences that were offered as 1/12 ownership located in buildings 3 and 4.  When rebranded as the Montage Residences, all developer

Kapalua's Oceanfront Condominiums: the Coconut Grove Kapalua Bay, Kapalua Bay Villas, Kapalua Ironwoods, Montage Residences Kapalua Bay, and the Ritz-Carlton Residences, Kapalua

For prospective buyers of luxury oceanfront condominium residences in the Kapalua Resort there are several options that are directly oceanfront: the Coconut Grove on Kapalua Bay, Kapalua Bay Villas, The Ironwoods, the Montage Residences Kapalua Bay, and the Ritz-Carlton, Kapalua .  There are some very important differences:

The Kapalua Resort: Market Update 
June 1, 2021

Market Overview: Kapalua Resort Condos, Homes and Land

Active Listings: 54
Price Range: $750,000-$9,900,000
Avg LP/Sq. ft.: $779
Avg DOM: 264
Pending Sales: 46
Price Range: $760,000-8,500,000
Avg LP/Sq. Ft.: $786
Avg DOM: 174