August 2021

The Kapalua Resort: Residential Market Update
Home and Land Sales, August 30, 2021

Updated 8/31/2021

The Kapalua Resort is comprised of five residential communities, along with four oceanfront parcels with private residences.  Each neighborhood is distinct, and amenities and lot sizes vary considerably. 

Lots in Pineapple Hill tend to be approximately a quarter acre, and approximately a half-acre in Pineapple Hill Estates and are situated overlooking the Kapalua Bay Course.  The Mahana Estates is Kapalua's newest residential community, with lots ranging from .64 to 4.3 acres.  The lower portion of the Mahana Estates development borders the Plantation Course.  The Plantation Estates homesites are situated along the Plantation Course, and are 2+

Pineapple Hill, Kapalua, Maui: Market Update August, 2021

1202 Summer closed for $3,700,000 in April, 2021

About Pineapple Hill:

Nestled on the leeward side of the Kapalua Resort, Pineapple Hill is one of the resort's most popular residential communities.  The first phase is comprised of homes on lots of approximately a quarter acre, although you do see larger homes built on two or more contiguous lots.  In 2001, Pineapple Hill Estates was annexed into the development and is comprised of lots approximately a half an acre in size.

Owners in Pineapple Hill have access to a community pool, tennis and pickleball courts, and beautifully landscaped grounds.

Pineapple Hill Market Overview: Where are we now, and how has the market changed?

Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market.

Along with the rest of the country, Maui's real estate market has been far more active than last year during the pandemic.  The number of sales has increased dramatically across all market sectors--homes, condos and land.  The median price has increased as well, in part spurred by oceanfront home and resort sales.  We are seeing fewer condominium sales than we did in July. However, it should be noted that inventory is down dramatically.

As of the date of this post:

MAUI HOMES: ACTIVE LISTINGS, PENDING SALES, AND SALES THROUGH 7/31/2021

Active Listings: 194 homes from $390,000 (Hawaiian Home Lands) to $26,000,000
Pending: 234 homes from $430,000

The Ridge at Kapalua: Ridge Villa 1823

The Ridge at Kapalua has long been one of Kapalua's most desirable condominium communities.  Nestled along the Kapalua Bay Course, the Kapalua Ridge Villas is a low-density development comprised of 161 one and two bedroom villas on close to 21.8 acres.  Onsite amenities include two pools.  The Ridge Villas is located across the street from the beach access points to Oneloa Bay and Kapalua Bay.

Ridge Villa 1823 is a sought-after, two bedroom townhouse style villa.  The floorplan provides spacious interiors coupled with a large lanai off of the living room, and private lanais for each bedroom suite.

The lanai overlooks the first hole of the popular Kapalua Bay Course.  Perched on the hill, the views extend