SEPTEMBER 2008:
Aloha from Kapalua!

As you enter the Kapalua Resort, blue flags wave from every lamp post with pictures of the LPGA golfers that will be playing in the first annual Kapalua LPGA Classic, which will take place October 13-19, 2008 at the Kapalua Bay Course.

The addition of this tournament to our annual events is just one of the changes that Kapalua is making to the resort, with the hopes of providing visitors with more activities and amenities, while adding value to our real estate offerings.

Over the past few years, the resort has been undergoing a $500 million transformation.  The new amenities and developments are numerous: the  Ritz-Carlton Residences, the new Kapalua Spa (set to open summer, 2009), the Mountain Adventure program, the addition of Merriman's Kapalua at the site of the old Bay Club, and the new trail system are just the beginning. 

With continued low interest rates, and a better selection of properties, the Kapalua Resort has real estate options ranging from condominiums to homes to homesites. 
 
The market update follows below. You will find links to all active listings and a summary of active listings, pending sales, and sales since the last update. Please don't hesitate to contact me with any questions or for additional information on the Maui real estate market.
 
Each month, along with event updates, you will find sales statistics for the entire island posted to Courtney's Blog, as prepared by the Realtor's Association of Maui. In addition, I have added Local Flavors in an effort to bring some of my favorite Maui restaurants home to you~this month features Merriman's Kapalua.  I hope you enjoy it!
 
Aloha,
Courtney
KAPALUA RESORT, KAANAPALI AND WEST MAUI OCEANFRONT MARKET UPDATE
KAPALUA RESORT CONDOMINIUMS:
COCONUT GROVE
No Active Listings or pending sales at the date this newsletter was written.  Please click on the link above to check for any new listings, or contact me for information on units that may be available, but are not actively listed.
 
BAY VILLAS
MLS # Status Unit L Price Sold Price Closing Date Bds Bths Liv-SF Days On Market
329968 ACTIVE 37G2 $899,000 1 1.00 989 217
325737 ACTIVE 15G4 $950,000 1 1.00 1006 435
331713 ACTIVE 16G2 $979,000 1 1.00 989 125
328962 ACTIVE 29G4 $1,049,000 1 1.00 1006 265
330161 ACTIVE 31B1 $1,125,000 1 1.00 1006 209
330126 ACTIVE 33G1 $1,199,000 1 2.00 1118 211
331023 ACTIVE 32B3 $1,350,000 1 1.50 995 166
332760 ACTIVE 28G3 $1,375,000 1 1.50 1320 72
312429 ACTIVE 20G4 $1,395,000 1 1.00 1006 1189
329222 ACTIVE 34B4 $1,445,000 1 1.00 1006 256
329575 ACTIVE 30G2 $1,449,000 1 1.00 1006 238
328790 ACTIVE 14B1 $1,475,000 1 1.00 1006 271
326825 ACTIVE 30B1 $1,499,000 1 1.00 1006 373
331549 ACTIVE 21G5 $1,650,000 1 2.00 993 135
331765 ACTIVE 24 B1,2 $1,695,000 2 3.00 1447 120
333733 ACTIVE 16G3-5 $1,949,000 2 3.00 1619 0
331795 ACTIVE 23G2 $1,995,000 1 1.00 983 121
328372 ACTIVE 15G123 $1,995,000 2 3.00 1529 291
332602 ACTIVE 34B3 $2,150,000 1 2.00 1229 77
331810 ACTIVE 23B1 $2,250,000 1 1.00 1006 121
331638 ACTIVE 12B 1&2 $2,395,000 2 3.00 1569 128
325733 ACTIVE 35G3,4,5 $2,485,000 2 3.00 1529 435
331840 ACTIVE 22G4 $2,495,000 1 1.00 1006 120
328630 ACTIVE 28B2 $2,595,000 2 3.00 1447 278
315931 ACTIVE 30G3-5 $2,650,000 2 3.00 1529 994
331290 SOLD 25B1-2 $1,595,000 $1,400,000 9/29/2008 2 3.00 1587 150
 
GOLF VILLAS
MLS # Status Unit L Price Bds Bths Liv-SF Days On Market
320974 ACTIVE 15T3,4 $690,000 1 2.00 972 688
324080 ACTIVE 11T6-7 $699,000 1 2.00 972 531
332329 ACTIVE 18V-4 $700,000 1 1.50 899 95
322416 ACTIVE 21T5-6 $749,000 1 2.00 972 617
331610 ACTIVE 16V1 $749,000 1 1.50 899 132
331552 ACTIVE 15V3 $785,000 1 2.00 899 135
330786 ACTIVE 14V1 $790,000 1 1.50 899 177
324378 ACTIVE 17 P5,6 $795,000 2 2.00 1432 510
333224 ACTIVE 19 V1 $838,000 1 1.50 899 37
331680 ACTIVE 12T5,6 $849,000 1 2.00 972 125
321922 ACTIVE 12T2 $850,000 1 1.50 987 639
330347 ACTIVE 21P1,2 $875,000 2 2.00 1344 201
332739 ACTIVE 26P1,2 $899,000 2 2.00 1344 67
326254 ACTIVE 25P 3-4 $899,999 2 2.00 1344 407
324755 ACTIVE 14P5,6 $960,000 2 2.00 1344 488
326218 ACTIVE 16P3,4 $975,000 2 2.00 1344 407
332234 ACTIVE 25T4,5 $999,999 2 2.00 1032 97
333549 ACTIVE 17V3 $1,079,000 1 2.00 899 13
329590 ACTIVE 19T4,5 $1,100,000 1 2.00 972 237
332992 ACTIVE 23V2 $1,200,000 1 1.50 900 51
330836 ACTIVE 14 P 1-2 $1,250,000 2 2.00 1344 175
329555 ACTIVE 20P5,6 $1,300,000 2 2.00 1344 240
330194 ACTIVE 18 P 5,6 $1,365,000 2 2.00 1344 208
329083 ACTIVE 23T3 $1,375,000 2 2.00 1350 260
333019 ACTIVE 23T6,7 $1,400,000 2 2.00 1344 50
328819 ACTIVE 11T5 $1,500,000 3 2.00 2000 270
333475 ACTIVE 17V-2 $1,538,000 2 2.00 1880 17
333097 ACTIVE 26V2 $1,649,000 3 2.00 1700 44
326756 PENDING - CONT. TO SHOW 20T1/2 $729,000 1 2.00 972 377
 
IRONWOODS
MLS # Status Unit L Price Bds Bths Liv-SF Days On Market
328864 ACTIVE 14 $3,150,000 2 3.00 1935 268
328858 ACTIVE 24 $3,225,000 2 3.00 2102 268
331835 ACTIVE 52 $3,300,000 3 3.00 2336 118
 
RIDGE VILLAS
MLS # Status Unit L Price Bds Bths Liv-SF Days On Market
332868 ACTIVE 2512 $825,000 1 2.00 1125 61
328409 ACTIVE 815 $949,000 1 2.00 1162 289
331796 ACTIVE 1721 $970,000 1 2.00 1125 120
331689 ACTIVE 2712 $995,000 1 2.00 1125 125
333502 ACTIVE 524 $1,050,000 1 2.00 1125 16
333266 ACTIVE 1812 $1,099,000 1 2.00 1125 33
332594 ACTIVE 1512 $1,149,000 1 2.00 1125 77
332813 ACTIVE 1614 $1,200,000 1 2.00 1125 63
332117 ACTIVE 915 $1,235,000 1 2.00 1162 104
327628 ACTIVE 411 $1,250,000 1 2.00 1162 330
330735 ACTIVE 2214 $1,300,000 1 2.00 1125 182
332933 ACTIVE 1511 $1,400,000 1 2.00 1162 58
328342 ACTIVE 21 13-15 $1,490,000 2 3.00 1778 294
328143 ACTIVE 2611 $1,525,000 1 2.00 1162 306
331404 ACTIVE 1413-14-15 $1,575,000 2 3.00 1778 144
327127 ACTIVE 413-15 $1,575,000 2 3.00 1778 357
332864 ACTIVE 2313-15 $1,845,000 2 3.00 1778 61
331426 ACTIVE 221-23 $1,950,000 2 3.00 1906 141
326459 ACTIVE 623-24 $1,995,000 3 3.00 1922 394
331313 ACTIVE 1213-15 $2,500,000 2 3.00 1778 148
 
THE RITZ-CARLTON RESIDENCES, KAPALUA BAYPlease note: the MLS contains only a sampling of listings. For a complete price list, please contact me 
 
MLS # Status Unit L Price Bds Bths Liv-SF Days On Market
319899 ACTIVE 5102 $4,275,000 3 3.50 3002 768
319902 ACTIVE 2401 $9,335,000 4 4.50 4271 768
319901 PENDING - CONT. TO SHOW 1303 $6,245,000 3 3.50 3125 365
 
THE RITZ-CARLTON CLUB, KAPALUA BAY
The Ritz-Carlton Club, Kapalua Bay offers fractional ownership for those who are looking to spend just a few weeks a year on Maui. The one twelfth ownership guarantees owners three weeks per year, in either a floating or fixed interval program. The new Ka Papa program provides three consecutive fixed weeks of occupancy. For more information, please contact me
 
HOMES:
KAPALUA PLACE
No active listings at the time this newsletter was posted, however, please contact me for information on properties that aren't listed, but may be available.
 
PINEAPPLE HILL AND PINEAPPLE HILL ESTATES 
MLS # Status Address L Price Sold Price Closing Date Bds Bths Liv-SF Land Acres Days On Market
331656 ACT 804 JACARANDA WAY $2,495,000 3 2.00 2348 0.2537 126
331282 ACT 104 Woodrose Place $2,795,000 4 3.50 3314 0.2329 152
328738 ACT 710 Fairway Drive $2,950,000 3 3.50 3666 0.2015 273
329687 ACT 516 Pacific Drive $2,950,000 3 3.50 3666 0.2190 232
330289 ACT 102 Woodrose Place $3,300,000 3 3.50 3812 0.2642 202
327033 ACT 232 Crestview Road $3,900,000 3 3.00 3354 0.4478 366
331926 ACT 604 Silversword Drive $3,975,000 4 4.50 3458 0.2499 114
327885 ACT 1206 Summer Road $3,995,000 4 5.50 3624 0.2519 317
327451 ACT 334 Cook Pine Drive $3,999,000 4 5.00 3493 0.2509 348
329685 ACT 514 Pacific Drive $4,200,000 4 4.50 3704 0.2181 232
333284 ACT 238 Crestview Road $4,795,000 4 4.50 4055 0.4668 32
330509 ACT 116 PULELEHUA STREET $4,890,000 4 4.50 4081 0.4716 191
328554 ACT 618 Silversword Drive $4,995,000 3 3.50 4100 0.2432 280
320776 ACT 112 Pulelehua Street $8,125,000 2 2.50 4504 0.4700 702
324672 PNDS 406 MONARCH PLACE $2,499,000 3 3.00 2794 0.2820 494
330681 SLD 120 Pulelehua $4,850,000 $4,400,000 9/23/2008 3 4.00 4723 0.4817 174
 
PLANTATION ESTATES I & II and HONOLUA RIDGE I & II
MLS # Status Address L Price Bds Bths Liv-SF Land Acres Days On Market
329568 ACT 501 Honokohau Street $7,900,000 5 6.50 6386 2.0100 240
329665 ACT 229 Plantation Club Drive $7,900,000 3 3.50 4085 2.5250 234
330738 ACT 410 Namalu Place $8,900,000 4 4.50 4709 2.6910 180
332085 ACT 708 Mokuleia Place $8,950,000 5 5.50 7800 2.1000 105
328523 ACT 222 Plantation Club Drive $16,000,000 7 7.50 11,399 2.4900 285
 
VACANT LAND:
*Maps with parcel numbers are available for all Kapalua Properties on this website under Kapalua Information, Vacant Land.
KAPALUA PLACE
No Active Listings on the date this update was posted.
 
PINEAPPLE HILL AND PINEAPPLE HILL ESTATES 
MLS # Status Address L Price Land Acres Days On Market Par
333324 ACTIVE 216 Crestview Road $1,175,000 0.280000 28 009
328109 ACTIVE 233 Crestview $1,395,000 0.460000 307 026
 
PLANTATION ESTATES I & II and HONOLUA RIDGE I & II
MLS # Status Address L Price Land Acres Days On Market Par
330878 ACTIVE Lot 3 Honolua Ridge Phase I lot 3 $1,400,000 3.400000 173 003
325796 ACTIVE 221 Plantation Club Drive. Lot 13 $1,473,300 2.340000 432 013
330637 ACTIVE 122 Keoawa St. ( Lot #18 Phase I) $1,485,000 5.580000 184 018
332977 ACTIVE 104 Honolua Place Lot#3 $1,495,000 2.180000 57 003
332485 ACTIVE 101 Ke'oawa Place $1,650,000 9.300000 83 012
323674 ACTIVE Lot 12 Honolua Ridge II $1,895,000 3.840000 553 012
328328 ACTIVE Lot 4 Honolua Ridge II $1,995,000 3.300000 294 004
332797 ACTIVE 707 Mokuleia $1,999,999 2.040000 62 063
324544 ACTIVE 600 Honokohau Street $2,295,000 2.340000 499 054
332486 ACTIVE 228 Keoawa Street $2,300,000 6.260000 83 022
328202 ACTIVE Lot 6 Honolua Ridge II $2,400,000 8.280000 303 006
331516 ACTIVE Lot 19 Honolua Ridge Phase 1 lot 19 $2,400,000 3.230000 138 019
316411 ACTIVE Lot 24 Honolua Ridge II $4,500,000 25.400000 973 tbd
 
WEST MAUI OCEANFRONT HOMES AND LOTS
 
KAANAPALI CONDOMINIUMS
 
 
All information is taken from the Maui Multiple Listing Service on October 1, 2008, and is deemed accurate, but is subject to change and should not be relied upon without verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. 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. All Summary Charts are © 1995, Realtor's Association of Maui, Inc. All rights reserved