February/March, 2007

 

Aloha from Kapalua!

I hope this finds you well and enjoying the beginning of spring. The biggest news in Kapalua is the closure of the Village Course this past week. Upon redesign by Tom Fazio, it will reopen as a private, members only course called the Mauka Course. For more information and to view the conceptual course design, please visit: www.kapaluaclub.com I should have updates soon on new both new condominium, home, and homesite opportunities here in the resort (which will be located in the town center and around the new Mauka Course). The Logo shop reopened in the Village Clubhouse, and the Honolua Store is undergoing an expansion that preserves the original building.
There are many new developments island wide, and a summary of available information follows the market update at the end of this email. Please don't hesitate to contact me with any questions.
Scroll down for summary charts of active listings, pending sales, and sales since the last update for the Kapalua Resort and West Maui oceanfront homes and lots. For information on other Maui properties, please let me know and I will send an updated summary.
As always, please don't hesitate to contact me if I can be of assistance.
Aloha,
Courtney
KAPALUA RESORT MARKET UPDATE
Note: Maps of condos and lots with parcel numbers are available online at www.kapaluarealty.com
 
CONDOMINIUMS:
 
BAY VILLAS
MLS # Status Unit L Price Sold Price Closing Date Beds Baths Liv A SF Days On Market
323125 ACTIVE 32G4 $1,200,000 1 1.00 1006 4
321593 ACTIVE 12-B4 $1,200,000 1 1.00 1006 80
321018 ACTIVE 35-G-2 $1,398,500 1 1.00 1006 110
323077 ACTIVE 16G2 $1,399,000 1 1.00 989 6
317987 ACTIVE 34B4 $1,425,000 1 1.00 1006 310
312429 ACTIVE 20G4 $1,495,000 1 1.00 1006 612
322345 ACTIVE 34G4 $1,595,000 1 1.00 1006 44
317679 ACTIVE 19G-4 $1,650,000 1 1.00 989 329
315932 ACTIVE 36B3 $1,800,000 1 2.00 1229 417
321390 ACTIVE 21G5 $1,850,000 1 2.00 993 89
321319 ACTIVE 24B1,2 $2,390,000 2 3.00 1447 94
317666 ACTIVE 33-B 3&4 $2,550,000 2 2.50 1750 328
315931 ACTIVE 30G3-5 $2,650,000 2 3.00 1529 417
317685 ACTIVE 14B3,4 $2,850,000 2 3.00 1750 328
321731 PENDING - CONT. TO SHOW 25B3 $1,280,000 1 2.00 1347 75
313894 SOLD 31B-1 $1,025,000 $950,000 2/28/2007 1 1.00 1006 518
318528 SOLD 26B1 $1,650,000 $1,350,000 2/28/2007 1 1.00 1006 272
 
COCONUT GROVE
No active listings at this time, however, there are owners that have indicated an interest in selling. Please call me with any questions.
 
GOLF VILLAS
MLS # Status Unit L Price Sold Price Closing Date Beds Baths Liv A SF Days On Market
323188 ACTIVE 12T5/6 $725,000 1 2.00 972 1
317745 ACTIVE 16V3 $825,000 1 1.50 899 327
319756 ACTIVE 27 V 3 $849,000 1 1.50 899 201
321374 ACTIVE 27T8 $849,000 1 1.50 987 90
318089 ACTIVE 19V1 $850,000 1 1.50 899 303
321577 ACTIVE 21V3 $870,000 1 1.50 899 80
317168 ACTIVE 15T7,8 $875,000 1 2.00 972 354
320974 ACTIVE 15T3,4 $875,000 1 2.00 972 111
321922 ACTIVE 12T2 $879,000 1 1.50 987 62
322416 ACTIVE 21T5-6 $899,000 1 2.00 972 40
319620 ACTIVE 21 T 1,2 $900,000 1 2.00 972 211
318677 ACTIVE 25P3-4 $1,175,000 2 2.00 1344 265
322943 ACTIVE 26P1,2 $1,175,000 2 2.00 1344 15
323025 ACTIVE 18P-3 $1,188,000 2 2.00 1407 11
322475 ACTIVE 20 P1,2 $1,350,000 2 2.00 1344 38
321999 ACTIVE 27P7,8 $1,490,000 2 2.00 1344 59
321415 ACTIVE 18P5,6 $1,562,000 2 2.00 1344 88
321768 ACTIVE 27P1&2 $1,565,000 2 2.00 1344 72
321217 PENDING - CONT. TO SHOW 22T2 $799,000 1 1.50 987 100
322655 PENDING - DO NOT SHOW 19T 4,5 $849,950 1 2.00 972 30
322716 SOLD 12T78 $699,000 $660,000 2/16/2007 1 2.00 972 10
 
IRONWOODS
MLS # Status Unit L Price Beds Baths Liv A SF Days On Market
319905 ACTIVE 11 $3,400,000 3 4.00 2400 191
322140 ACTIVE 83 $3,400,000 2 3.00 2482 54
319270 ACTIVE 92 $3,500,000 2 3.00 1805 232
312950 ACTIVE 24 $3,875,000 2 3.00 2102 578
 
RESIDENCES AT KAPALUA BAY
This is just a sample from the developer of available Residences. Please email me for a complete list of available properties.
MLS # Status Unit L Price Beds Baths Liv A SF Days On Market
319899 ACTIVE 5102 $4,275,000 3 3.50 3125 191
322886 ACTIVE 1403 $7,100,000 3 3.50 3002 17
319902 ACTIVE 2401 $9,335,000 4 4.50 4271 191
319901 PENDING - CONT. TO SHOW 1303 $6,245,000 3 3.50 3002 191
 
RIDGE VILLAS
MLS # Status Unit L Price Beds Baths Liv A SF Days On Market
318526 ACTIVE 714 $875,000 1 2.00 1125 276
321584 ACTIVE 214 $1,075,000 1 2.00 1125 82
317592 ACTIVE 1712 $1,080,000 1 2.00 1125 333
321578 ACTIVE 1812 $1,139,000 1 2.00 1125 80
319320 ACTIVE 2311 $1,145,000 1 2.00 1162 228
320192 ACTIVE 1012 $1,150,000 1 2.00 1125 170
316330 ACTIVE 2012 $1,150,000 1 2.00 1125 401
316232 ACTIVE 815 $1,198,000 1 2.00 1162 402
319742 ACTIVE 1615 $1,200,000 1 2.00 1162 207
320566 ACTIVE 411 $1,250,000 1 2.00 1125 143
321039 ACTIVE 2323-24 $1,500,000 2 3.00 1756 109
322000 ACTIVE 1823-24 $1,690,000 2 3.00 1756 59
322490 ACTIVE 21 13-15 $1,699,000 2 3.00 1778 38
320849 ACTIVE 511-13 $1,800,000 2 3.00 1778 123
322850 ACTIVE 2613-15 $2,100,000 2 3.00 1778 20
 
KAPALUA RESORT HOMES:
 
OCEANFRONT ESTATES & COMMUNITIES
MLS # Status Address List Price Bds Bths Liv A SF Land Acres Days On Market
317780 ACT 8 Kapalua Place $13,500,000 5 5.00 10151 1.0623 323
309407 ACT 6291 Honoapiilani Highway $15,000,000 4 4.50 4351 3.4500 832
 
PINEAPPLE HILL AND PINEAPPLE HILL ESTATES
MLS # Status Address List Price Sold Price Closing Date Bds Bths Liv A SF Land Acres Days On Market
321812 ACT 804 JACARANDA WAY $2,695,000 3 2.00 2348 0.2537 67
316862 ACT 110 Woodrose Place $2,850,000 3 3.50 3225 0.2287 369
320353 ACT 516 Pacific Drive $2,975,000 3 3.50 3666 0.2190 160
322607 ACT 108 Woodrose Place $3,200,000 5 4.50 4145 0.2736 31
319927 ACT 104 WOODROSE PL $3,395,000 4 3.50 3350 0.2329 188
320512 ACT 204 CRESTVIEW ROAD $4,225,000 3 3.50 3078 0.2536 146
320303 ACT 232 Crestview Road $4,250,000 3 3.00 3354 0.4478 160
318510 ACT 328 Cook Pine Drive $4,300,000 4 4.50 3620 0.2874 276
321521 ACT 120 Pulelehua Street $4,595,000 3 4.00 4400 0.4817 84
321575 ACT 228 Crestview Road $4,700,000 4 4.50 4003 0.4695 81
315859 ACT 1012 Sunset Place $4,750,000 4 4.50 4166 0.3461 419
321672 ACT 618 Silversword Drive $5,200,000 3 4.00 4100 0.2432 75
321971 ACT 106 Pulelehua Street $5,600,000 4 5.00 4500 0.4703 60
319942 ACT 222 Crestview Road $5,997,000 4 4.50 4243 0.4774 188
320776 ACT 112 Pulelehua Street $7,900,000 2 2.50 4504 0.4700 125
322212 PNDS 604 SILVERSWORD DRIVE $2,995,000 4 4.50 3458 0.2499 51
321295 PNDS 1204 Summer Road $3,795,000 3 5.50 3704 0.2613 94
321671 SLD 1216 Summer Road $9,800,000 $9,150,000 1/31/2007 5 6.50 7784 0.6162 44
 
PLANTATION ESTATES
MLS # Status Address List Price Bds Bths Liv A SF Land Acres Days On Market
319008 ACT 700 Mokuleia Drive $6,250,000 3 4.50 3198 2.3000 251
318610 ACT 225 Plantation Club Drive $6,475,000 4 4.00 4310 3.9800 270
314184 ACT 223 PLANTATION CLUB DRIVE $8,300,000 3 3.50 5366 2.1800 509
320286 ACT 231 PLANTATION CLUB DRIVE $12,400,000 8 7.50 12114 7.2500 163
320696 PNDS 708 MOKULEIA PLACE $7,890,000 4 4.50 6782 2.1000 130
 
KAPALUA RESORT VACANT LAND:
 
KAPALUA PLACE
No Active Listings
 
PINEAPPLE HILL AND PINEAPPLE HILL ESTATES
MLS # Status Address List Price Land Acres Days On Market Par
311494 ACTIVE 216 Crestview Road $1,590,000 0.280000 682 9
320822 ACTIVE 100 Pulelehua Straeet $1,950,000 0.559900 123 9
 
PLANTATION ESTATES I & II
MLS # Status Address List Price Land Acres Days On Market Par
322017 ACTIVE 219 Plantation Club Drive $2,180,000 2.010000 59 12
321400 ACTIVE Lot 10 Mokuleia Place $2,375,000 2.040000 89 63
312665 ACTIVE 706 Mokuleia Place $2,595,000 2.120000 594 59
318544 ACTIVE 217 Plantation Club Drive $2,700,000 2.030000 275 11
318483 ACTIVE 305 Plantation Estates Drive $2,950,000 2.010000 278 34
319185 PENDING - CONT. TO SHOW 702 Mokuleia $2,600,000 2.300000 237 57
 
HONOLUA RIDGE PHASE I and II
Please email me for more information on developer sales of Honolua Ridge Phase II
MLS # Status Address List Price Sold Price Closing Date Land Acres Days On Market Par
321779 ACTIVE Lot # 4 Honolua Ridge, phase I $1,575,000 3.400000 70 041
314003 ACTIVE Lot 2 Honolua Ridge II $1,800,000 3.087000 519 b
314027 ACTIVE Lot 15 Honolua Ridge II $2,000,000 2.517000 519 b
314028 ACTIVE Lot 16 Honolua Ridge II $2,000,000 3.947000 519 b
322831 ACTIVE Lot 18 Honolua Ridge Phase I $2,295,000 5.700000 19 41
321807 ACTIVE Lot 15 Honolua Ridge I $2,300,000 4.337000 67 41
322564 ACTIVE Lot 5 Honolua Ridge Phase II $2,400,000 4.255000 32 5
317027 ACTIVE lot 22 Honolua Ridge $2,500,000 15.000000 361 22
322097 ACTIVE Lot 1 Honolua Ridge, Phase I $2,695,000 7.071000 56 41 - 9001
316411 ACTIVE Lot 24 Honolua Ridge II $5,500,000 25.400000 396 tbd
316410 ACTIVE Lot 23 Honolua Ridge II $6,000,000 25.000000 396 tbd
314016 ACTIVE Lot 8 Honolua Ridge II $6,200,000 30.755000 519 b
314005 PENDING - DO NOT SHOW Lot 3 Honolua Ridge II $1,800,000 2.961000 519 b
314006 SOLD Lot 4 Honolua Ridge II $2,200,000 $1,775,000 2/28/2007 3.300000 515 b
Maps and photos of the development can be found online at www.kapaluarealty.com
 
OTHER AREAS OF WEST MAUI (OUTSIDE OF THE KAPALUA RESORT):
 
OCEANFRONT HOMES:
MLS # Status Address List Price Sold Price Closing Date Bds Bths Liv A SF Land Acres Days On Market
315570 ACT 303 Front Street $2,790,000 3 2.00 1824 0.1263 433
316368 ACT 1007 Front $2,800,000 3 1.00 1063 0.1783 409
315539 ACT 1429 Front Street $4,295,000 2 2.00 1200 0.2039 438
322143 ACT 19 Hale Malia Place $5,395,000 4 3.00 3890 0.3039 55
315971 ACT 4591 N Lower Honoapiilani Road $5,500,000 6 4.50 4221 0.2500 415
322750 ACT 4591 S Honoapiialni Road $8,500,000 5 4.50 4221 0.2943 24
312757 ACT 35 Papaua Place $8,900,000 5 5.00 3702 0.2120 591
322056 ACT 1189 HALEPAKA PLACE $9,650,000 4 4.50 2814 0.3444 58
312915 ACT 4851 LOWER HONOAPIILANI ROAD $9,900,000 5 4.50 6400 0.5849 661
319935 ACT 20 Hui E Road $9,900,000 5 5.50 5273 0.4753 188
322350 ACT 49 HALE MALIA PLACE $10,900,000 4 4.50 4435 0.2400 44
321585 ACT 20 Kai Ala Drive $25,000,000 8 9.50 11076 1.0000 80
314656 SLD 1423 Front Street $4,500,000 $4,200,000 2/15/2007 5 4.50 3171 0.2161 465
 
OCEANFRONT LOTS
MLS # Status Address List Price Land Acres Days On Market Par
321778 ACTIVE Lot 4 C Olowalu $6,200,000 2.000000 71 6
321515 ACTIVE 10 Kai Ala Place $8,500,000 1.160000 83 1
321912 ACTIVE 30 KAI ALA PLACE $10,500,000 0.878000 64 12
318401 ACTIVE 4D HONOAPIILANI HWY $25,000,000 16.086000 284 005
 
CONDOMINIUMS
 
Whaler at Kaanapali Beach
MLS # Status Unit L Price Sold Price Closing Date Beds Baths Liv A SF Days On Market
320543 ACTIVE 165 $640,000 0 1.00 542 144
322110 ACTIVE 561 $695,000 0 1.00 542 55
321732 ACTIVE 563 $695,000 0 1.00 542 73
316966 ACTIVE 169 $895,000 1 2.00 905 363
318552 ACTIVE 319 $900,000 1 1.00 901 275
320225 ACTIVE 269 $985,000 1 2.00 905 167
312479 ACTIVE 515 $1,000,000 0 1.00 523 606
322947 ACTIVE 557 $1,080,000 1 2.00 905 51
320719 ACTIVE 570 $1,150,000 1 2.00 905 129
322109 ACTIVE 359 $1,200,000 1 1.00 901 55
323064 ACTIVE 624 $1,250,000 1 2.00 905 6
320548 ACTIVE 102 $2,975,000 2 2.00 1444 144
321126 ACTIVE 1221/23 $3,999,000 2 2.00 1444 104
321729 PENDING - CONT. TO SHOW 1169 $1,295,000 1 2.00 905 73
315888 PENDING - CONT. TO SHOW 801 $2,500,000 1 2.00 941 415
320956 PENDING - DO NOT SHOW 315 $725,000 0 1.00 523 115
321510 PENDING - DO NOT SHOW 974 $1,350,000 1 2.00 905 84
319560 SOLD 464 $765,000 $720,000 2/22/2007 0 1.00 523 205
 
NEW DEVELOPMENT UPDATE:
KAPALUA:
The Ritz Carlton will be closing in July for an estimated $95 million renovation. The Ritz Carlton plans to sell 107 1-2 bedroom suites that can be rented through the hotel when not in use. If this is of interest to you, I would be happy to place you on an interest list and notify you when more information is made available.
The central resort will be developed further along with Kapalua Mauka. As information is made available, I will post it here.
KAANAPALI:
Honua Kai released their second phase, and there are still a few units available. Honua Kai announced that the very popular "Duke's" restaurant will be located in the resort.
The Royal Lahaina in Kaanapali will be undergoing a redevelopment shortly, turning the charming old beach cottages into similarly styled condominiums, www.royallahainavillas.com . Pricing is not yet available, but if you have any interest, please let me know as soon as possible, and I'll be happy to assist you.
Makena/Wailea:
In Makena, the new development "Maluaka" is an 11 acre site with 69 residences planned, separated from the shoreline by the Makena South Golf Course. Residences (2-4 story buildings) and Bungalows will range from 3000-6000 square feet. While pricing is not yet available, it is thought it will be in rage with the Residences at Kapalua Bay. A club and concierge are part of the plans. For more information, let me know and I will place you on an interest list.
There is also new development in Wailea, with the Wailea Beach Resort replacing the Renaissance. This new development will consist of 193 1-4 bedroom condominium residences with pools, restaurants, spa. There will be an informational meeting in the near future, and I will provide an update once more information is made available.
MY FEATURED LISTINGS:
228 Crestview Drive
This elegant home opens to a beautifully landscaped backyard with a pool and spa. Enjoy sunsets and sweeping ocean views. Luxuriously constructed with tropical touches, this 4B/4.5B estate home features Brazilian cherry floors, mahogany cabinetry, bamboo and mahogany inlaid ceilings, stonework including marble, granite, and travertine, a media, and a gourmet kitchen.
Lani Kai Penthouse, The Whaler on Kaanapali Beach 1221/23
The beautifully constructed and decorated Lani Kai Penthouse residence was renovated in 2006. Featuring two bedroom suites and a family room which opens to the private lanai boasting views of Kaanapali Beach, the West Maui Mountains, and the neighbor island of Lanai, make this arguably the best unit in the complex. The luxurious renovation includes extensive use of imported Italian marble and granite countertops, travertine floors, coffered ceilings, crown molding, and top of the line appliances and electronics. Professionally decorated with Hawaiian and Eastern influenced antiques, silk drapes and fine art by Salvador Dali and Lori Higgins. A must see for the discriminating buyer. Seller is licensed in California.
All information is taken from the Maui Multiple Listing Service, and is deemed accurate, but is subject to change and should not be relied upon without verification. Please note that listings in the MLS represent many different broker's listings and sales, and are not just those of Kapalua Realty. At times, those noted in the pending or sold categories may have never been active in MLS, but rather put immediately in the pending/sold. All listings are fee simple unless designated leasehold.