Paki Maui Market Update: December 2019

Posted by Courtney Brown on Tuesday, December 3rd, 2019 at 1:42pm.

Paki Maui Market Update: December 2019

by Heidi Dollinger, R(S)

Paki Maui for Sale

 PAKI MAUI ACTIVE 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

Paki Maui 206 for Sale

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)

View Paki Maui Condos for Sale

5 Properties Found. Page 1 of 1

This Is It - Amazing Direct Ocean Views! Double...

Photo of Listing #385149

$779,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 2.85 Acres
  • 796 ft²

Condominium

3601 Lower Honoapiilani Rd 206, Napili/kahana/honokowai, Hawaii

MLS® #385149

Listed By: Island Sotheby's Int'l Rlty(L)

This Is It - Amazing Direct Ocean Views! Double Oceanfront Lanais With Views From Both The Living Room And Master Bedroom. Watch Whales And Dolphins, Gorgeous Maui Sunsets, And Listen To The Sounds Of The Ocean. Paki Maui Is A Concrete Four-story Building...

Experience Lush Tropical Gardens And Tranquil W...

Photo of Listing #384922

$355,000 Pending - Cont. To Show Fee Simple

  • 1 Beds
  • 1 Baths
  • 12.28 Acres
  • 506 ft²

Condominium

3601 Lower Honoapiilani Rd 115, Napili/kahana/honokowai, Hawaii

MLS® #384922

Listed By: Keller Williams Realty Maui-L

Experience Lush Tropical Gardens And Tranquil Waterfalls From Your Private Island-style Residence. Conveniently Located On The Ground Floor, This One Bedroom, One Bath Condominium Is Just Steps Away From The Expansive Ocean-front Lawn And All The Amenities ...

Step Into An Oasis As You Take In The Sights An...

Photo of Listing #384219

$380,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 12.28 Acres
  • 506 ft²

Condominium

3601 Lower Honoapiilani Rd 220, Napili/kahana/honokowai, Hawaii

MLS® #384219

Listed By: Keller Williams Realty Maui-Ki

Step Into An Oasis As You Take In The Sights And Sounds Of Unit 220 At Paki Maui. Located On The Inner Courtyard, With Waterfalls, Lush Vegetation And A Slight Ocean View, This Condo Is Primed For Relaxation. This Property Features 1 Bed / 1 Bath, With Tile...

Paki Maui Is A Fabulous Concrete Oceanfront Com...

Photo of Listing #384054

$325,000 Pending - Do Not Show Fee Simple

  • 1 Beds
  • 1 Baths
  • 12.28 Acres
  • 506 ft²

Condominium

3601 Lower Honoapiilani Rd 416, Napili/kahana/honokowai, Hawaii

MLS® #384054

Listed By: Kapalua Realty Co Ltd

Paki Maui Is A Fabulous Concrete Oceanfront Complex In A Convenient Location. Unit 416 Is A Top Floor, Garden View Light And Bright And Nicely Appointed. The Kitchen Has White Appliances, Including Refrigerator And Full Size Dishwasher. Beautiful Tile Coun...

Spectacular Ocean Front Two Bedroom, Two Bathro...

REDUCED 2% Photo of Listing #383280

$899,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 12.28 Acres
  • 1,082 ft²

Condominium

3615 Lower Honoapiilani Rd 422, Napili/kahana/honokowai, Hawaii

MLS® #383280

Listed By: Keller Williams Realty Maui-L

Spectacular Ocean Front Two Bedroom, Two Bathroom, 422 Paki Maui Resort. As You Enter The Property You Are Immediately Drawn To The Stunning Blue Ocean That Stretches Far And Wide With The Majestic Island Of Molokai & Lanai As A Back Drop, In A Word "stunn...

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

 

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