Royal Kahana Market Update, March 3, 2020
The Beach at the Royal Kahana
| ROYAL KAHANA ACTIVE LISTINGS | |
| Current Listings | 6 |
| Low List Price | $370,000 |
| High List Price | $747,000 |
| Average List Price | $476,500 |
| Average List Price/Sq. Ft. | $694 |
| Average Days on Market | $185 |
| PENDING SALES | 0 |
| ROYAL KAHANA SALES (Jan - Mar 1, 2020) |
|
| Sales | 3 |
| Volume | $3,058,999 |
| Low Sales Price | $340,000 |
| High Sales Price | $999,999 |
| Average Sales Price | $611,799 |
| Average Price/Sq. Ft. | $694 |
| Average Days on Market | 370 |
With just a little over 2 months of inventory available at the time of writing, the Royal Kahana is a property to consider for buyers who are looking for a good value for an oceanfront location in West Maui.
About the Royal Kahana:
The Royal Kahana is a twelve-story building with 236 units total, consisting of studios, 1-bedroom, and 2-bedroom floor plans. The property is hotel zoned, and allows the option for short-term vacation rentals or Airbnb. The onsite vacation rental management program at Royal Kahana is run by Outrigger. Outrigger manages the nightly rentals for owners who choose to be a part of this management program.
Amenities:
All of the units are fully air-conditioned with central A/C, and the electric is included in the monthly HOA amount so there are no unexpected bills. Garage parking is available and owners can get a reserved space. Additional amenities include a newly renovated oceanfront pool, gas BBQ grills, a gym/fitness center, an onsite concierge, front desk, and extra storage.
Pets Welcome:
The Royal Kahana is pet-friendly – the house rules allow for owners to have cats and dogs.
In addition to allowing vacation rentals, the Royal Kahana is a wonderful place to call home for full-time residents. It is ideal for those who are seeking convenience, amenities, and proximity to the beach. Located at 4365 Lower Honoapiilani Road, Lahaina, HI. The Royal Kahana is close to Miso Phat Sushi, Dollies Pub and Cafe, Maui Brewing Company, nail salons, banks, and Hawaiian Village Coffee, and is located just about 5 miles north of Lahaina town, and just south of Kapalua and its championship golf courses, fine dining, and award-winning spas.
View a Map of the Royal Kahana
FEATURED LISTINGS AT THE ROYAL KAHANA
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| Royal Kahana 701 | Royal Kahana 1018 |
ROYAL KAHANA 701
Royal Kahana 701 is a 2-bedroom 2-bath gracious end unit with ocean and mountain views and lots of natural light. Enter through double doors to a beautifully remodeled open kitchen, dining room, living room, and private lanai. Offered at $747,000, the new owner will benefit from many quality upgrades and custom details including new lighting, crown molding, and new window treatments. 701 is offered fully furnished with the exclusion of some artwork and staging items. One of the sofas in the living room is a sleeper sofa, so the condo would comfortably sleep six people. There is room for entertaining guests at a large dining table. Royal Kahana 701 was recently selected to be filmed for an upcoming appearance on a popular TV show.
ROYAL KAHANA 1018
Also newly listed, at only $379,000, Royal Kahana 1018 is an ocean view studio on the 10th floor, and is a high-performing vacation rental with a strong rental history. In 2019, Unit 1018 grossed $42,629 in rental income. In the month of January 2020, this unit grossed $5,498 in rental income. Royal Kahana 1018 features tile and wood laminate flooring, a remodeled bathroom, an in-unit washer and dryer, granite countertops, and is tastefully furnished. Royal Kahana 1018 is one of the most attractively priced fee simple turn-key vacation rental properties in all of West Maui.
For more information, click to contact Heidi Dollinger, R(S)
Royal Kahana Condos for Sale
Posted by Courtney M. Brown on
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