Posted
by Courtney M. Brown
on Tuesday, December 3rd, 2019 at 1:42pm.
Paki Maui Market Update: December 2019
by Heidi Dollinger, R(S)
PAKI MAUIACTIVE LISTINGS
Current Listings
3
Low List Price
$380,000
High List Price
$899,000
Average List Price
$686,000
Average LP/Sq. Ft.
$854
Average Days on Market
82
PENDING SALES
Volume
2
Low Sales Price
$325,000
High Sales Price
$355,000
Average Sales Price
$340,000
Average LP/Sq. Ft.
$672
Average DOM
58
PAKI MAUI SALES YTD
Sales Volume
10
Volume ($)
$4,498,500
Low Sales Price
$277,000
High Sales Price
$708,000
Average Sales Price
$449,850
Average SP/Sq. Ft.
$721
Average Days on Market
153
Paki Maui is an oceanfront resort condominium property located at the north end of Kaanapali, approximately five miles north of Lahaina town. It consists of 108 one and two-bedroom units across three concrete four-story buildings designed in a graceful curving shape, and with a tropical garden and water feature in the center. Paki Maui has two addresses – 3601 Lower Honoapiilani Rd. for building 1, and 3615 Lower Honoapiilani Rd. Lahaina, HI for buildings 2 & 3. Amenities at Paki Maui include elevators, a circular 4’ deep swimming pool, a jacuzzi spa, gas BBQ grills, a covered picnic area, and onsite storage for owners. A tranquil oceanfront lawn stretches along the front of the property, lined by lounge chairs for relaxing by the ocean. This an excellent spot to watch humpback whales from December to March, and turtles all year. There is direct ocean and beach access and tidepools to explore. The beach in front changes throughout the seasons with the summer and winter swells. Paki Maui is located right next to the beach at Honokowai Beach Park, and is just down the street to Honoapiilani Beach Park, the Kaanapali Beach Boardwalk and North Kaanapali Beach, which extends all the way to Black Rock, or Pu’u Keka’a.
Guests of Paki Maui enjoy walking across the road to dine at Honokowai neighborhood restaurants like The Fish Market, Amore Mio, Okazuya Deli, Cruzin Café, and shop at the Farmer’s Market, and Times Supermarket.
Paki Maui is on Maui County’s Minatoya List of properties that allow short-term nightly vacation rentals. The onsite rental management company is operated by Castle Resorts. There are also many independently managed units at Paki Maui.
Paki Maui has photovoltaic solar panels installed on the roof to minimize electric costs to the owners. All the utilities have been included in the monthly HOA fees in the past, though Paki Maui just completed submetering for each unit, and going forward, electric will be billed separately by unit.
Paki Maui 206: live oceanfront on Maui
Newly listed at $779,000, Paki Maui 206 is one of the premium ocean view locations with 2 oceanfront lanais, and views from both the living room and master bedroom. It has been maintained as a second home and enjoyed for many years by the original owner and family, who purchased it in 1976. The unit has 2 bedrooms and 2 baths, with a total of 796 interior square feet and an additional 193 square feet of lanai, for a total of 989 square feet. The Master Bedroom has a walk-in closet. Laundry rooms are maintained by the association, and the laundry is located just down the hall on the same floor. This is a highly desirable southwest facing location with views of the outer islands Molokai and Lanai, and year-round sunset views.
Historical sold prices at Paki Maui in recent years have ranged from the high $200s to $1 million, and vary considerably depending on the unit, view, and location. There are currently three active listings at Paki Maui – A garden view unit, Paki Maui 220, offered at $380,000, an ocean view unit, Paki Maui 206, offered at $779,000, and an ocean view unit, Paki Maui 422, offered at $899,000.
For more information, contact Heidi E Dollinger, R(S)
3601 Lower Honoapiilani Rd, Unit 213, Napili/kahana/honokowai, HI
MLS® #401580
Listed By: Coldwell Banker Island Prop-Ku Office Contact: Cell: 808-283-3055
Paki Maui #213 Is A Great Opportunity To Own A Lovely Remodeled Condominium, With An Amazing Oceanfront Location, The Resort Amenities Include A Fenced Pool And Spa Area, Enjoy Barbequing Ocean Side Under A Covered Cabana. Upgrades Consist Of Classic Grey A...
3615 Lower Honoapiilani Rd, Unit 311, Napili/kahana/honokowai, HI
MLS® #401267
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-357-4000
The Highlight Of Paki Maui Oceanfront Resort Is The Expansive Green Lawn Beach. Take Your Glass Of Wine Down And Enjoy The Sunset Every Evening. Relaxing Lounge Chairs And Side Tables Are Always Available There. Barbecues Are Within The Covered Poolside Cab...
3601 Lower Honoapiilani Rd, Unit 202 & 202a, Napili/kahana/honokowai, HI
MLS® #400584
Listed By: Keller Williams Realty Maui-L Office Contact: 808-661-8777
Paki Maui 202 & 202a When It Comes To Real Estate, The Right Location Can Make All The Difference. And On West Maui, This Direct Oceanfront Property Offers The Perfect Combination Of Quality And Convenience. County Records Show This Unit As A 2b/2b However,...
3601 Lower Honoapiilani Rd, Unit 122, Napili/kahana/honokowai, HI
MLS® #399344
Listed By: Keller Williams Realty Maui-L Office Contact: Cell: 808-264-4617
Own A Desired West Maui Oceanfront Property That Is Within Minutes Of The World Famous Kaanapali Resort. This 2 Bed 2 Bath Floorplan Focus Is The Up-front Master Bedroom, 2 Private Lanais With Ocean And Molokai Views. Upgraded Kitchen In 2017 With New Wirin...
