Kapalua Resort, Maui: residential market update
Sold: 320 Cook Pine Drive listed by Courtney M. Brown sold for $3,850,000.
Kapalua Homes for Sale: Active and Pending Listings
Kapalua is comprised of several distinct communities, yet all flow together due to strong architectural and design guidelines: Pineapple Hill & Pineapple Hill Estates, Mahana Estates, Honolua Ridge, Plantation Estates Phases I and II, and Kapalua Place. There are also three homes on oceanfront points within the Resort that aren't a part of a formal subdivision.
At the time of this post, there are just three active listings and three pending sales:
The active listings include a home on a double lot in Pineapple Hill that was originally built by musician Carlos Santana, a home in the Plantation Estates Phase I located overlooking the Plantation Course, and 9 Bay Drive, which is situated on an oceanfront peninsula overlooking Namalu Bay and neighbors the Montage Residences at Kapalua Bay. This is unusual for Kapalua and skews the averages considerably, so it's important to look at each area individually (see below),
All three pending homes are in Pineapple Hill and Pineapple Hill Estates.
| Status | Address | List Price | Bds | Bths | Sq. Ft. | Land Acres | Days On Market | $/SQFT | Built | MLS # | Subdivision |
| ACT | 314 Cook Pine Dr | $7,900,000 | 5 | 5.5 | 7,229 | 0.50 | 306 | $1,093 | 2000 | 392686 | Pineapple Hill |
| ACT | 301 Plantation Estates Dr | $12,300,000 | 4 | 4.5 | 7,127 | 2.06 | 156 | $1,726 | 2005 | 394362 | Plantation Estates |
| ACT | 9 Bay Dr | $59,500,000 | 6 | 7 | 6,645 | 9.96 | 186 | $8,954 | 1996 | 394048 | Kapalua |
| PNDS | 612 Silversword Dr | $3,100,000 | 3 | 3.5 | 3,136 | 0.22 | 18 | $989 | 2001 | 395987 | Pineapple Hill |
| PNDS | 233 Crestview Rd | $5,150,000 | 4 | 4 | 4,390 | 0.46 | 23 | $1,173 | 2009 | 395932 | Pineapple Hill Estates |
| PNDS | 1216 Summer Rd | $8,450,000 | 6 | 6.5 | 7,784 | 0.62 | 107 | $1,086 | 1990 | 394986 | Pineapple Hill |
Kapalua Resort Home Sales YTD 2022 vs. Prior Years
| SOLD | YTD | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
| Number of Sales | 7 | 29 | 17 | 19 | 8 | 8 | 14 |
| Volume | $33,950,000 | $144,197,500 | $90,787,000 | $47,954,020 | $30,943,300 | $20,920,000 | $50,940,000 |
| Low Sales Price | $2,750,000 | $2,062,500 | $1,600,000 | $1,489,020 | $1,970,000 | $1,750,000 | $2,050,000 |
| High Sales Price | $7,500,000 | $15,000,000 | $24,000,000 | $6,000,000 | $12,000,000 | $3,550,000 | $9,500,000 |
| Average SP | $4,850,000 | $4,972,328 | $5,340,412 | $2,664,112 | $3,867,913 | $2,615,000 | $3,638,571 |
| Average SP/Sq. ft. | $1,153 | $982 | $1,063 | $715 | $755 | $663 | $830 |
| Average DOM | 265 | 227 | 151 | 270 | 355 | 184 | 217 |
| Average SP/LP | 95% | 94% | 91% | 92% | 89% | 93% | 90% |
In 2022, we are seeing a trend toward longer days on market and a higher sales price/sq. ft. That said when looking at the sales statistics, it's important to note some differences:
| Status | Address | List Price | Sold Price | SP/LP | Closing Date | Bds | Bths | Sq. Ft. | Land Acres | DOM | SP/Sq. Ft. | Built | MLS # | Subdivision |
| SLD | 212 Plantation Club Dr | $5,750,000 | $5,425,000 | 94% | 1/7/22 | 4 | 4.5 | 4,790 | 2.02 | 499 | $940 | 1999 | 388335 | Plantation Estates |
| SLD | 324 Cook Pine Dr | $2,999,000 | $2,750,000 | 92% | 1/31/22 | 3 | 3.5 | 3,670 | 0.25 | 143 | $749 | 1990 | 392959 | Pineapple Hill |
| SLD | 320 Cook Pine Dr | $3,995,000 | $3,850,000 | 96% | 3/3/22 | 3 | 3.5 | 4,135 | 0.22 | 38 | $931 | 1999 | 394464 | Pineapple Hill |
| SLD | 300 Mahana Ridge St | $4,750,000 | $4,750,000 | 100% | 3/3/22 | 4 | 4.5 | 2,968 | 1.29 | 206 | $1,600 | 2021 | 392591 | Mahana Estates |
| SLD | 218 Plantation Club Dr | $8,250,000 | $7,500,000 | 91% | 4/8/22 | 5 | 5.5 | 7,267 | 2.19 | 595 | $1,032 | 1992 | 388247 | Plantation Estates |
| SLD | 310 Mahana Ridge St | $4,850,000 | $4,850,000 | 100% | 4/14/22 | 4 | 4.5 | 2,968 | 1.51 | 241 | $1,634 | 2021 | 392657 | Mahana Estates |
| SLD | 236 Crestview Rd | $5,395,000 | $4,825,000 | 89% | 6/17/22 | 4 | 4.5 | 4,077 | 0.45 | 136 | $1,183 | 2003 | 394626 | Pineapple Hill Estates |
A newly constructed home at Mahana Estates sold at 100% of asking, whereas older homes in Pineapple Hill and Plantation Estates, where some updates may be needed or desired, sold at 89-92% of asking.
Note these figures do not include homes or land that aren't part of the Kapalua Resort Association
Kapalua's Residential Communities
PINEAPPLE HILL & PINEAPPLE HILL ESTATES
| ACTIVE LISTINGS | 1 |
| Volume | $7,900,000 |
| Average LP/Sq. Ft. | $1,093 |
| Average DOM | 306 |
| PENDING SALES | 3 |
| Volume | $16,700,000 |
| Low LP | $3,100,000 |
| High LP | $8,450,000 |
| Average LP | $5,566,666 |
| Average LP/Sq. Ft. | $1,082 |
| Average DOM | 49 |
Pineapple Hill & Pineapple Hill Estates Homes
| SOLD | YTD 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
| Number of Sales | 3 | 15 | 10 | 15 | 4 | 6 | 9 |
| Volume | $11,425,000 | $46,012,500 | $27,187,000 | $35,834,020 | $9,550,000 | $15,145,000 | $21,170,000 |
| Low Sales Price | $2,750,000 | $2,062,500 | $1,600,000 | $1,489,020 | $1,970,000 | $1,750,000 | $2,050,000 |
| High Sales Price | $4,825,000 | $4,850,000 | $3,750,000 | $3,200,000 | $2,680,000 | $3,550,000 | $2,700,000 |
| Average SP | $3,808,333 | $3,067,500 | $2,718,700 | $2,388,935 | $2,387,500 | $2,524,167 | $2,352,222 |
| Average SP/Sq. ft. | $955 | $768 | $696 | $692 | $588 | $680 | $651 |
| Average DOM | 90 | 160 | 137 | 262 | 325 | 219 | 219 |
| Average SP/LP | 93% | 95% | 95% | 94% | 92% | 93% | 91% |
Pineapple Hill & Pineapple Hill Estates Land
At the time of this post, there are no active listings and just one pending lot.
| ACTIVE LISTINGS | 0 |
| PENDING SALES | 1 |
| Volume | $1,295,000 |
| List Price | $1,295,000 |
| Average LP/Sq. Ft. | $106 |
| Average DOM | 62 |
| SOLD | YTD 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
| Number of Sales | 4 | 2 | 1 | 0 | 0 | 0 | 0 |
| Low Sales Price | $879,000 | $1,195,000 | $950,000 | NA | NA | NA | NA |
| High Sales Price | $1,128,000 | $1,305,000 | $950,000 | NA | NA | NA | NA |
| Average Sales Price | $1,500,000 | $1,250,000 | $950,000 | NA | NA | NA | NA |
| Average SP/Sq. ft. | $101 | $62 | $87 | NA | NA | NA | NA |
| Average DOM | 305 | 143 | 314 | NA | NA | NA | NA |
| Average SP/LP | 100% | 100% | 90% | NA | NA | NA | NA |
PLANTATION ESTATES AT KAPALUA
Plantation Estates Homes
| ACTIVE LISTINGS | 1 |
| Volume | $12,300,000 |
| List Price | $12,300,000 |
| Average LP/Sq. Ft. | $1,726 |
| Average DOM | 156 |
| PENDING SALES | 0 |
| SOLD | YTD | 2021 | 2020 | 2019 | 2018 | 2017 |
| Number of Sales | 2 | 6 | 3 | 1 | 1 | 1 |
| Volume | $12,925,000 | $32,635,000 | $13,850,000 | $6,000,000 | $3,000,050 | $3,200,000 |
| Low Sales Price | $5,425,000 | $4,025,000 | $3,750,000 | $6,000,000 | $3,000,050 | $3,200,000 |
| High Sales Price | $7,500,000 | $10,100,000 | $5,650,000 | $6,000,000 | $3,000,050 | $3,200,000 |
| Average SP | $6,462,500 | $5,439,167 | $4,616,667 | $6,000,000 | $3,000,050 | $3,200,000 |
| Average SP/Sq. ft. | $986 | $933 | $1,006 | $972 | $463 | $914 |
| Average DOM | 547 | 258 | 70 | 215 | 372 | 108 |
| Average SP/LP | 93% | 93% | 92% | 81% | 83% | 100% |
Plantation Estates Land
| ACTIVE LISTINGS | 2 |
| Volume | $4,245,000 |
| Low LP | $1,995,000 |
| High LP | $2,250,000 |
| Average LP | $2,122,500 |
| Average LP/Sq. Ft. | $21 |
| Average DOM | 130 |
| PENDING SALES | 0 |
| SOLD | YTD 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
| Number of Sales | 2 | 5 | 2 | 0 | 0 | 2 |
| Volume | $4,545,000 | $7,965,000 | $1,700,000 | 0 | 0 | $2,174,000 |
| Low Sales Price | $845,000 | $975,000 | $800,000 | NA | NA | $875,000 |
| High Sales Price | $3,700,000 | $2,600,000 | $900,000 | NA | NA | $1,299,000 |
| Average SP | $2,272,500 | $1,593,000 | $850,000 | NA | NA | $1,087,000 |
| Average SP/Sq. ft. | $22 | $15 | $9 | NA | NA | $12 |
| Average DOM | $618 | 226 | 53 | NA | NA | 211 |
| Average SP/LP | 96% | 97% | 81% | NA | NA | 84% |
HONOLUA RIDGE
Honolua Ridge Homes
There are no active home listings or pending sales at Honolua Ridge at the time of this post.
| SOLD | YTD | 2021 | 2020 | 2019 | 2018 | 2017 |
| Number of Sales | 0 | 4 | 1 | 2 | 2 | 1 |
| Volume | 0 | $25,500,000 | $3,850,000 | $6,120,000 | $6,393,250 | $2,575,000 |
| Low Sales Price | NA | $5,000,000 | $3,850,000 | $2,850,000 | $3,000,000 | $2,575,000 |
| High Sales Price | NA | $8,700,000 | $3,850,000 | $3,270,000 | $3,393,250 | $2,575,000 |
| Average SP | NA | $6,375,000 | $3,850,000 | $3,060,000 | $3,196,625 | $2,575,000 |
| Average SP/Sq. ft. | NA | $1,175 | $1,036 | $759 | $811 | $306 |
| Average DOM | NA | 276 | 40 | 352 | 167 | 48 |
| Average SP/LP | NA | 94% | 91% | 89% | 89% | 86% |
Honolua Ridge Land
| ACTIVE LISTINGS | 1 |
| Volume | $1,587,000 |
| Average LP/Sq. Ft. | $9 |
| Average DOM | 22 |
| PENDING SALES | 0 |
| SOLD | YTD 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
| Number of Sales | 5 | 9 | 1 | 0 | 0 | 4 |
| Volume | $10,250,000 | $13,365,000 | $850,000 | 0 | 0 | $3,605,000 |
| Low Sales Price | $1,163,000 | $805,000 | $850,000 | NA | NA | $715,000 |
| High Sales Price | $2,795,000 | $2,000,000 | $850,000 | NA | NA | $1,400,000 |
| Average SP | $2,050,100 | $1,485,000 | $850,000 | NA | NA | $901,250 |
| Average SP/Sq. ft. | $6 | $7 | $5 | NA | NA | $3 |
| Average DOM | 135 | 227 | 360 | NA | NA | 601 |
| Average SP/LP | 96% | 92% | 95% | NA | NA | 81% |
MAHANA ESTATES
Mahana Estates Homes
There are no active home or pending listings in Mahana Estates at the time of this post. Mahana Estates is a relatively new development, and construction is just beginning.
| SOLD | YTD 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
| Number of Sales | 2 | 1 | 1 | 0 | 0 | 0 |
| Volume | $9,600,000 | $5,250,000 | $6,400,000 | 0 | 0 | 0 |
| Low Sales Price | $4,750,000 | $5,250,000 | $6,400,000 | NA | NA | NA |
| High Sales Price | $4,850,000 | $5,250,000 | $6,400,000 | NA | NA | NA |
| Average SP | $4,800,000 | $5,250,000 | $6,400,000 | NA | NA | NA |
| Average SP/Sq. ft. | $1,617 | $1,229 | $1,634 | NA | NA | NA |
| Average DOM | 224 | 52 | 122 | NA | NA | NA |
| Average SP/LP | 100% | 99% | 77% | NA | NA | NA |
Mahana Estates Land
There are no active lot listings in Mahana Estates at the time of this post.
| SOLD | YTD 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
| Number of Sales | 2 | 42 | 3 | 2 | 0 | 0 |
| Volume | $3,850,000 | $41,435,000 | $2,425,000 | $3,150,000 | 0 | 0 |
| Low Sales Price | $1,200,000 | $700,000 | $800,000 | $1,300,000 | NA | NA |
| High Sales Price | $1,400,000 | $2,150,000 | $825,000 | $1,850,000 | NA | NA |
| Average SP | $1,283,333 | $986,548 | $808,333 | $1,575,000 | NA | NA |
| Average SP/Sq. ft. | $20 | $17 | $12 | $23 | NA | NA |
| Average DOM | 161 | 163 | 157 | 60 | NA | NA |
| Average SP/LP | 94% | 94% | 95% | 10000% | NA | NA |
KAPALUA PLACE & OCEANFRONT HOMES
| ACTIVE LISTINGS | 1 |
| Volume | $59,500,000 |
| Low LP | $59,500,000 |
| High LP | $59,500,000 |
| Average LP | $59,500,000 |
| Average LP/Sq. Ft. | $8,954 |
| Average DOM | 108 |
| PENDING SALES | 0 |
| SOLD | YTD | 2021 | 2020 | 2019 | 2018 | 2017 |
| Number of Sales | 0 | 3 | 0 | 1 | 0 | |
| Volume | 0 | $34,800,000 | $39,500,000 | 0 | $12,000,000 | 0 |
| Low Sales Price | NA | $8,700,000 | $15,500,000 | NA | $12,000,000 | NA |
| High Sales Price | NA | $15,000,000 | $24,000,000 | NA | $12,000,000 | NA |
| Average SP | NA | $11,600,000 | $19,750,000 | NA | $12,000,000 | NA |
| Average SP/Sq. ft. | NA | $1,809 | $2,975 | NA | $1,605 | NA |
| Average DOM | NA | 489 | 425 | NA | 833 | NA |
| Average SP/LP | NA | 93% | 79% | NA | 80% | NA |
There is just one remaining oceanfront lot in Kapalua, which sold in 2020 for $8,000,000 and $108/sq. ft. It will likely soon be developed.
Prepared on 6.19.2022. Sales Data 1.1.2022 through 6.17.2022
If you are thinking of buying or selling in Kapalua, please contact Courtney M. Brown for more detailed information on the market at each of these Kapalua communities,
Kapalua Resort | Condos, Homes & Land for Sale
Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. Interested parties are advised to do their own due diligence and confirm all figures contained herein.
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