Kapalua Resort Market Update: 2023 In Review

Posted by Courtney M. Brown on January 4th, 2024

KAPALUA MARKET UPDATE: 2023 Year in Review

Photo of the Montage Kapalua Bay: Montage Residences 3704 is currently listed for sale
Image by HiFocused

Kapalua Condominiums:  2023 in Review

The Kapalua Resort is home to several different condominium communities, with offerings ranging from one to four-bedroom condominiums.  The Kapalua Bay Villas, Kapalua Ironwoods, The Coconut Grove on Kapalua Bay, the Montage Residences Kapalua Bay and the Ritz-Carlton Kapalua Residences are all oceanfront properties nestled along the Kapalua Resort's spectacular shoreline.  The Kapalua Ridge Villas and Kapalua Golf Villas both are located on the Kapalua Bay Course with ocean and golf course views. 

Kapalua Resort Condo Market*

KAPALUA RESORT…

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New to Market: 972 Kai Hele Ku, a Private Oasis in Launiupoko, Maui

Posted by Courtney M. Brown on January 1st, 2024

Introducing 972 Kai Hele Ku, a Private Oasis in Launiupoko, Maui

The view from 972 Kai Hele Ku

Nestled on the slopes of the West Maui mountains, this stunning home blends modern elegance and island charm to create an idyllic and relaxing retreat. 

Located on over an acre of lushly landscaped grounds, it is perfectly oriented to take in the sweeping views of the Pacific Ocean framed by the neighboring islands of Moloka’i, Lana’i, and Kaho’olawe. 

This single level floor plan features pocketing sliding glass doors designed to seamlessly integrate indoor and outdoor living.  The chef’s kitchen is a dream with a double oven, an oversized island, and windows that open to the covered lanai and an outdoor dining area that is perfect for…

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Market Spotlight: 62 Ironwood Lane, Kapalua, Maui

Posted by Courtney M. Brown on December 18th, 2023

Introducing 62 Ironwood Lane, The Ironwoods, Kapalua, Maui

Casual Elegance on the Kapalua Bay Course: An incomparable and casually elegant residence, this single-level rare gem offers beautiful ocean and golf course views. Situated within The Ironwoods—an exclusive gated enclave of only 40 units at the stunning Kapalua Resort—this home has been transformed into an artful masterpiece.

Meticulously Reimagined: In 2022, the current owners re-envisioned the space, taking it down to the bare studs and crafting a residence defined by its custom finishes and luxurious features.

 

Sophisticated Interiors: The home boasts Summit Peak Shenandoah white oiled oak flooring throughout, complemented by custom Schuler cabinetry with polished chrome…

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Spotlight on Kapalua Golf Villas 25T6-7

Posted by Courtney M. Brown on November 20th, 2023

Nestled in the Heart of Kapalua, Maui: Introducing Kapalua Golf Villa 25T6-7

 

Located at 500 Kapalua Drive #25T6-7, the Kapalua Golf Villas offers the opportunity to experience resort living immersed in the natural beauty of Kapalua. 

Escape to paradise with this exquisite two-bedroom Kapalua Golf Villa condominium! Whether you're a golfer seeking the perfect tee time or a beach lover craving the ultimate getaway, this vacation rentable condominium is your dream destination.

Location: Kapalua, Maui

Nestled in the prestigious Kapalua Resort, this fully-furnished villa is surrounded by the Kapalua Bay Course, immersed in Maui's tranquil beauty. Enjoy the convenience of being one of only six single-level two-bedroom residences with…

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Montage Kapalua Bay acquired by KWC Management LLC

Posted by Courtney M. Brown on November 17th, 2023

Island Acquisitions Kapalua has sold its Montage Kapalua Bay holdings to a Tenessee-based company, KWC Management LLC. 

KWC Management, LLC, a hospitality investment management company part of Kemmons Wilson Companies, has recently marked a significant milestone in its portfolio with the acquisition of Montage Kapalua Bay. The Maui property is the first Hawaii property in their portfolio, which includes hotels in CA, CO, DC,  FL, LA, NY, TN, UT, and WY that are managed by a variety of companies, with brands including the Holiday Inn, Hyatt, Marriott, Windham and Kimpton.

MONTAGE KAPALUA BAY OVERVIEW: Management: Originally developed in 2009 and branded a Ritz-Carlton Club and Residences, with both fractional and whole ownership options, the…

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Spotlight: Launiupoko Home Listings & Sales | Market Report November, 2023

Posted by Courtney M. Brown on November 11th, 2023

Discover Launiupoko

Nestled on the picturesque slopes of West Maui, Launiupoko is a hidden gem that offers a serene escape. This idyllic community is known for its sprawling acreage, stunning ocean views, and a tranquil lifestyle that blends open space with the charm of island living. The area is zoned agricultural, providing a perfect blend of natural beauty and rural living, making it one of Maui's most sought-after locations. 

In Launiupoko, you will note the presense of many CPR "Condominium Property Regime" Properties.  The CPR process allows a property owner to create a minimum of two separate condominiums (most typically a main home lot and an ohana lot).  There can be additional "condominiums" which are for ag use only.  Read More about CPRs…

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Pineapple Hill & Pineapple Hill Estates Market Update | July 31, 2023

Posted by Courtney M. Brown on July 31st, 2023

Pineapple Hill & Pineapple Hill Estates Market Update: July 2023

310 Cook Pine, Pineapple Hill, Kapalua, Maui

I am pleased to announce the sale of 310 Cook Pine Drive in Pineapple Hill, Kapalua.  This spectacular home was beautifully remodeled in 2022-2023 and is the highest recorded sale for a home on a single lot in Pineapple Hill and Pineapple Hill Estates.  Historically, there have been three sales above this price that were for homes on double lots.  Two of these homes closed at $7,900,000 in 2022 and one at $9,150,000 in 2007.  This home went under contract within days of being listed and sold in just 63 days and sold for $1641/sq. ft.

2023 Key Sales Stats | Pineapple Hill & Pineapple Hill Estates Homes

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Key Home Stats

2023

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Kaanapali Resort Condominium Market Update: Q2 | 2023

Posted by Courtney M. Brown on July 27th, 2023

KAANAPALI CONDOMINIUM MARKET UPDATE: Q2 2023 

Kaanapali Resort Condominiums

Kaanapali Condominiums

Kaanapali is home to several different condominium communities, with offerings ranging from studios to four-bedroom condominiums.  Located along Kaanapali Beach are the Kaanapali Alii and Whaler, and located on Kahekili are the Maui Kaanapali Villas, Honua Kai, Mahana and Maui Kai.  Surrounding the Golf Course, you'll find the Maui Eldorado, the Masters, Kaanapali Plantation, International Colony Club and Vintage.

Kaanapali Resort Condos	Q2 2023	2022	2021	2020	2019	2018
Number of Sales	39	148	237	159	168	173
Volume	$66,617,900	$247,257,475	$321,700,298	$212,877,531	…

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Kapalua Condo Market Update Q2 | 2023

Posted by Courtney M. Brown on July 17th, 2023

KAPALUA MARKET UPDATE: Activity through Q2 | 2023 

Kapalua Condominiums:  Market Update through Q2 | 2023

The Kapalua Resort is home to several different condominium communities, with offerings ranging from one to four-bedroom condominiums.  The Kapalua Bay Villas, Kapalua Ironwoods, The Coconut Grove on Kapalua Bay, the Montage Residences Kapalua Bay and the Ritz-Carlton Kapalua Residences are all oceanfront properties nestled along the Kapalua Resort's spectacular shoreline.  The Kapalua Ridge Villas and Kapalua Golf Villas both are located on the Kapalua Bay Course with ocean and golf course views. 

Kapalua Resort Condo Market*

…

KAPALUA RESORT CONDOS	Q2 2023	2022	2021	2020	2019	2018
Number of Sales	15

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Spotlight on the Honua Kai

Posted by Courtney M. Brown on June 16th, 2023

Market Spotlight: Honua Kai June 16, 2023

The Honua Kai is Kaanapali's newest condominium development and one of the most desirable vacation destinations in West Maui.  Built in three phases along Kekaa Beach on the North Side of Black Rock, the Honua Kai is comprised of three separate sections: Hokulani (South Resort-SR-2008), Konea (North Resort-NR-2009) and Luana Gardens (2018).   

The Hokulani and Konea towers feature 627 studio, one, two and three-bedroom condominium residences.  The 10 story buildings have central air conditioning, elevators and underground parking.  The new addition of Luana Gardens weaves in a more contemporary residential component, with 72 three-bedroom residences.  These low rise, two-story buildings feature private…

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