Spotlight on Pineapple Hill in Kapalua, Maui

Posted by Courtney M. Brown on Thursday, March 4th, 2021 at 3:53pm.

Pineapple Hill, Kapalua, Maui: Market Update

1202 Summer Road 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 Changed?

Pineapple Hill Homes for Sale

As with much of the mainland United States, the housing market here on Maui is moving very quickly with an increase in sales volume and very limited inventory.  Pineapple Hill is no exception and is the entry point to the Kapalua Resort real estate market (view all Kapalua homes for sale). Homes in other areas of the resorts, such as the Plantation Estates, Honolua Ridge, Mahana Estates tend to be priced higher due to larger lot sizes, with the highest-priced homes being on the water at Kapalua Place or on one of Kapalua's oceanfront points.

Inventory is low with just three homes actively listed for sale as of this post.  One is on a single lot situated on the golf course in Pineapple Hill Estates listed at $3,450,000.  The other two are on larger homesites (2 lots combined) and are listed at $5,995,000 and $7,900,000.  

There are three pending sales listed in MLS.  All three are in Pineapple Hill Phase I and list prices range from $2,495,000 to $5,900,000.

Available Inventory in Pineapple Hill and Pineapple Hill Estates
All of Pineapple Hill: 3 month supply of inventory
Homes on Single Lots: 1 month supply of inventory
Homes under $3M: 1.5 month supply of inventory
Homes over $3M:  6 month supply of inventory

Metric 2017 2018 2019 2020 2021 YTD
Numer of Sales 6 4 15 10 4
Average LP $2,695,833 $2,586,250 $2,547,267 $2,848,300 $2,738,750
Average Sales Price $2,524,167 $2,387,500 $2,388,935 $2,718,700 $2,503,125
AVG SP/LP 93% 92% 94% 95% 91%
Average Sales Price/Sq. ft. $680 $588 $692 $696 $696
Average DOM 219 325 262 137 158

Homes in Pineapple Hill and Pineapple Hill Estates still represent a good value, though inventory is very low and options are limited.  We are seeing homes spend less time on the market post-pandemic (2020/2021) than in prior years. It is not surprising there were fewer sales in 2020 than in the prior year, as travel restrictions were in place for the better part of six months.  Only two sales occurred during the travel restrictions, and the bulk of the year's sales occurred after the state implemented its pre-travel testing program.

For more information on homes for sale in Pineapple Hill, please contact Courtney Brown, R(S)

5 Properties Found. Page 1 of 1

Magnificent 5 Bedroom, 5 1/2 Bath Home With The...

Photo of Listing #387278

$7,900,000 Active Fee Simple

  • 5 Beds
  • Baths
  • 0.5 Acres
  • 7,229 ft²

Residential

314 Cook Pine Dr, Kapalua, Hawaii

MLS® #387278

Listed By: Coldwell Banker Island Prop-KP

Magnificent 5 Bedroom, 5 1/2 Bath Home With The Finest Craftsmanship And Materials In This Very Distinctive Home Behind The Gates At Pineapple Hill At Kapalua. Sprawled Across 2 Lots And Meticulously Maintained, The Former Home Of One Of Music's All Time Fa...

A Rare Opportunity Awaits With The Offering Of ...

Photo of Listing #389654

$5,995,000 Active Fee Simple

  • 4 Beds
  • Baths
  • 0.49 Acres
  • 4,723 ft²

Residential

330 Cook Pine Dr 85/86, Kapalua, Hawaii

MLS® #389654

Listed By: Hawaii Life (KAP)

A Rare Opportunity Awaits With The Offering Of This Elegant Property- Within The Kapalua Resort And The Gated, Prestigious Neighborhood Of Pineapple Hill You Will Find One Of The Finest Properties Situated On Two Contiguous Lots Of Approximately One Half Of...

Magnificent Location At The Top Of The Exclusiv...

Photo of Listing #390902

$2,700,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 0.26 Acres
  • 3,812 ft²

Residential

102 Woodrose Pl, Kapalua, Hawaii

MLS® #390902

Listed By: Coldwell Banker Island Prop-KP

Magnificent Location At The Top Of The Exclusive Pineapple Hill Development With All Year Round Sunset, Ocean, Lanai, And Molokai Views. Come Enjoy All That This Friendly, Gated Community Has To Offer Including A Large Community Pool And Pavilion, 2 Tennis...

Ocean, Islands, Resort And Golf Fairway Views A...

Photo of Listing #390828

$2,698,000 Pending - Cont. To Show Fee Simple

  • 3 Beds
  • Baths
  • 0.2 Acres
  • 3,666 ft²

Residential

710 Fairway Dr, Kapalua, Hawaii

MLS® #390828

Listed By: Hawaii Life (KAP)

Ocean, Islands, Resort And Golf Fairway Views Await You At 710 Fairway Drive! Your Time Is Now! Located On The Front-row Of Kapalua Bay Course's Fairway (5th Hole), This 2-level Estate Offers 3-bedrooms And 3.5-bathrooms Spread Spaciously Across 3,666 Squar...

This Gracious Home In Kapalua's Pineapple Hill ...

Photo of Listing #389363

$2,495,000 Pending - Cont. To Show Fee Simple

  • 3 Beds
  • 3 Baths
  • 0.24 Acres
  • 2,877 ft²

Residential

504 Pacific Dr, Kapalua, Hawaii

MLS® #389363

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

This Gracious Home In Kapalua's Pineapple Hill Enclave Features Stunning Ocean And Outer Island Views. Beautifully Appointed, The Main Level Features A Chef's Kitchen, A Spacious Ocean View Bedroom Suite, Great Room, And Den. Also, On The Ground Floor Is ...

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

 

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