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

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.

The days on market is down for both homes and land, but is up for land, which tends to be a slower-moving market on the whole, as it doesn't allow immediate use and enjoyment and the building process does take time.

Read the full report and see how it compares to prior years here: Maui Real Estate Statistics

Maui Property Taxes 2021-2022
Changes: Classifications & Rates

Each year, Maui County does two things: assesses the value of the property AND sets new rates for the upcoming fiscal year, which runs from July 1st-June 30th.  Also of note is the passing of Bill 129 (effective 2022) which provides an exemption for properties being rented long term and Bill 130 (effective 2021) which changes definitions relating to Non-Owner Occupied properties and Short-Term Rental classifications.

How do you calculate your property taxes given the new tiered system?

Fidelity National Title put together this helpful video when the new tiered system was introduced in 2020.  

Maui County Property Tax Rates 2021-2022 vs Prior Years

Rates are per $1000 of

The Kapalua Wine & Food Festival Week: June 6-13, 2021

The Kapalua Wine & Food Festival will celebrate its 40th anniversary with a modified format hosted by several Kapalua Resort partners.  The events will be intimate affairs with wonderful food and outstanding wine. As of this post, the following events still have availability:

THE RITZ-CARLTON, KAPALUA

Banyan Tree Restaurant at The Ritz-Carlton, Kapalua
Winemaker Dinner featuring Hartford Court Wines & Cardinale Vineyards

Hosted by winemakers Jeff Stewart/Hartford Court & Chris Carpenter/Cardinale Featuring….
One Master Sommelier (Five-time “Sommelier of the Year”)
Two World Famous Winemakers! (Both famous for making wines with perfect “100 Point” score!)
Four Great Wineries: Cardinale,

The Kapalua Resort: Market Update 
June 1, 2021

Market Overview: Kapalua Resort Condos, Homes and Land

Active Listings: 54
Price Range: $750,000-$9,900,000
Avg LP/Sq. ft.: $779
Avg DOM: 264
Pending Sales: 46
Price Range: $760,000-8,500,000
Avg LP/Sq. Ft.: $786
Avg DOM: 174

The Napili Point, an oceanfront enclave in Napili, Maui

Why we love Napili Point

Situated on a sleepy little cove in Napili, the Napili Point is a popular vacation destination.  Honokeana Cove is just South of Napili Bay, and is known for its crystal clear waters.  Each afternoon, you can spot turtles in the Bay, which has views out toward the Pailolo Chanel. 

A walking path connects Napili Point to Napili Bay, one of Maui's most iconic beaches, and home to the Sea House Restaurant and the Gazebo, a popular breakfast spot.

Developed in two phases in 1977 and 1978, there are 71 1B/1B units and 44 2B/2B units at Napili Point situated on 5.31 acres.  There are two swimming pools as well as BBQ areas and picnic tables for guests.

The Market

Pineapple Hill, Kapalua, Maui: Market Update

 The View from 1202 Summer Road: Currently pending at a list price of $3,700,000

About Pineapple Hill:

Nestled on the leeward side of a hill, Pineapple Hill is a popular residential community in the Kapalua Resort.  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 slightly larger lots, which are approximately a half an acre in size. Owners in both phases of Pineapple Hill enjoy a community pool, tennis and pickleball courts, and beautifully landscaped grounds.

Pineapple Hill Market Overview: How has the Market