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

KAPALUA RESORT	YTD 2021	YTD 2020	YTD Change	2020	Change
Sales	99	17	482%	65	52%
Volume	$228,099,750	$29,759,100	666%	$173,329,500	32%
Avg LP	$2,422,861	$1,878,000	29%	$3,065,305	-21%
Avg SP	$2,304,038	$1,684,471	37%	$2,666,607	-14%
SP/LP	96%	93%	3%	93%	3%
Avg SP/Sq. Ft.	$803	$800	0%	$897	-10%
Avg DOM	183	151	21%

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Pineapple Hill, Kapalua, Maui: Market Update

 The View from 1202 Summer Road: Currently pending at a list price of $3,700,000

About Pineapple Hill:

Nestled on the leeward side of a hill, Pineapple Hill is a popular residential community in the Kapalua Resort.  The first phase is comprised of homes on lots of approximately a quarter acre, although you do see larger homes built on two or more contiguous lots.  In 2001, Pineapple Hill Estates was annexed into the development and is comprised of slightly larger lots, which are approximately a half an acre in size. Owners in both phases of Pineapple Hill enjoy a community pool, tennis and pickleball courts, and beautifully landscaped grounds.

Pineapple Hill Market Overview: How has the Market

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Pineapple Hill, Kapalua, Maui: Market Update

The view from 504 Pacific Drive, Pineapple Hill, Kapalua.  This gracious 3B/3B home is listed at $2,495,000

About Pineapple Hill:

Nestled on the leeward side of the Kapalua Resort, Pineapple Hill is a popular residential community.  The first phase is comprised of homes on lots of approximately a quarter acre, although you do see larger homes built on two or more contiguous lots.  In 2001, Pineapple Hill Estates was annexed into the development and is comprised of lots approximately a half an acre in size.

Owners in Pineapple Hill enjoy a community pool, tennis and pickleball courts, and beautifully landscaped grounds.

Pineapple Hill Market Overview: How has the Market Changed?

Pineapple

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This year, as more of us work from home and shelter in place, people are starting to rethink what they want in a home and where they want to live.  The focus now is on homes with spacious yards, pools, and flexible spaces that can be used for offices, gyms and classrooms.  There is a shift away from busier cities and high-density areas to more rural settings.

As more Americans are reevaluating the four walls they live in, they are also starting to make changes in where they live.  With telecommuting, many are realizing that they can work anywhere, and living and working on Maui is becoming a reality instead of a dream.  Maui is known for its natural beauty, relaxed way of life, and the aloha spirit of its residents.

Having grown up here, one of my

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Pineapple Hill and Pineapple Hill Estates Market Update, Oct 2019

Kapalua's Pineapple Hill and Pineapple Hill Estates is a popular neighborhood in the heart of the Kapalua Resort.

Pineapple Hill is the first phase of the development and was originally designed with 99 homesites, most being a quarter-acre, though many of them were consolidated to make larger lots.  Owners must build one of six floor plans (thought modifications are allowed with approval from the Design Review Committee), unless buildling on two or more contiguous lots, in which case a custom home is permitted.  

Pineapple Estates was annexed in early in 2001, with 31 homesites being integrated into the community.  Lots are larger (approximately a half-acre) and custom homes

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Pineapple Hill at Kapalua: introducing 708 Fairway Drive

Nana Doors at 708 Fairway Drive in Pineapple Hill open to the outdoors: Indoor-Outdoor living allows you to enjoy the views of the Kapalua Golf Course, the Pacific Ocean and outer island views

Pineapple Hill & Pineapple Hill Estates

Pineapple Hill was originally developed with six single-story and two-story floor plan designs, with custom homes being allowed on two or more contiguous lots.  With just 99 homesites, 13 lots ended up being utilized for these larger, custom homes.

In the early 2000's, Kapalua Resort annexed in Pineapple Hill Estates, a 31 lot subdivision.  These slightly larger homesites allow custom homes, with the main difference being the top row could have two story

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The newly reconfigured Kapalua Bay Course opens in its new location at the Kapalua Village Center

The new Kapalua Bay Course Pro Shop opens today at the Village Center next to Taverna Restaurant.  In addition to proximity to great Italian food, the new location provides increased retail offerings, a complete grass driving range, 2 large practice putting greens and is located right below the Kapalua Golf Academy.

This relocation will provide the Bay Course with a complete grass driving range ( no more limited distance balls) and 2 large practice putting greens.  Additionally, the retail offerings at the Bay Course should be able to offer more merchandise selections with the increased square footage of this location.  

The Bay Course opened in

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Troon, the management for Maui's famed Plantation Course in Kapalua, has announced plans to revitalize the course, as well as key components of the Bay Course and Golf Academy. 

The Plantation Course repeatedly receives accolades as one of the best courses in Hawaii.  Around the world, the course is best known as home to the annual PGA Tour Tournament of Champions, an invitation-only tournament, with a field comprised of only to the prior year's tournament winners.

The multi-million dollar enhancement project includes plans to have the original architects, Bill Coore and Ben Crenshaw, work with the Golf Channel's Mark Rolfing, a long time Kapalua resident.  The initial scope of the project includes resurfacing the greens, renovating the bunkers, and

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Kapalua Residential Real Estate Market Update

The Kapalua Resort offers many real estate ownership options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment during the time period through today's posting.

Kapalua Homes:

Pineapple Hill and Pineapple Hill Estates
Active Listings: 12
Price Range: $2,150,000 to $6,300,000
Average List Price: $3,537,791
Average LP/Sq. Ft.: $821
Average DOM: 258
Size Range: 3,522 sq. ft. to 8,172 sq. ft.

Pending Sales: 0

Sales 2016 YTD: 6
Price Range: $2,150,000 to $2,700,000
Average Sales Price: $2,353,333
Average SP/Sq. Ft.: $670
Average DOM: 275

Sales 2015 YTD: 7
Price Range: $1,975,000 to

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Kapalua Real Estate: Mid-Year Market Spotlight 2016 Q1-2

The Kapalua Resort offers many options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment as of this posting with sales statistics through June 30, 2016:

Kapalua Homes:

Active Listings: 25 (up 3 from the first quarter)
Price Range: $2,350,000 to $17,600,000
Average List Price: $4,825,364
Size Range: 3,390 sq. ft. to 8,179 sq. ft.

Pending Sales: 3
Price Range: $5,200,000 to $13,200,000
Average Listing Price: $8,133,333

Sales Through 2016 Q2: 9
Price Range: $2,150,000 to $6,470,000
Average Sales Price: $3,376,666

Sales Through 2016 Q2: 8
Average Sales

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