Kapalua Resort, Maui: residential market update

Featured: 222 Crestview, a home for sale in Pineapple Hill, is listed by Courtney M. Brown

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 seven active listings and no pending sales.

Kapalua Homes for Sale:

Homes for sale in Kapalua range from $4,250,0000 to $41,900,000.  They

KAANAPALI RESIDENTIAL MARKET UPDATE: Q3 2022 

Kaanapali Resort Residential Communities

Kaanapali Homes

Kaanapali is home to several different residential communities, with offerings running from smaller home sites to large acreage, and from Mauka to Makai.   Located on Kahekili is the Kai Ala Drive development with just six oceanfront parcels.  The remainder of the residential developments are Mauka of the highway: the Kaanapali Hillside, Royal Kaanapali Estates, Kaanapali Vista, Kaanapali Golf Estates, and Kaanapali Coffee Farms.  Within the Kaanapali Golf Estates are smaller subsections including the Pinnacle, Kahua Kai, Summit and Lanikeha. 

How does the market through the end of the third quarter of 2022 stack up for each

KAANAPALI CONDOMINIUM MARKET UPDATE: Q3 2022 

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.

How does the market through the end of the third quarter of 2022 stack up for each community?

A FIVE-YEAR OVERVIEW

Honua Kai: All Buildings

International Colony Club

Kaanapali Alii

Kaanapali Plantation

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

"New Listings decreased 39.3 percent for Single Family homes and 52.7 percent for Condominium homes.
Pending Sales decreased 30.7 percent for Single Family homes and 36.0 percent for Condominium homes.
Inventory increased 7.8 percent for Single Family homes and 9.7 percent for Condominium homes.
Median Sales Price increased 3.0 percent to $1,025,000 for Single Family homes and 9.7 percent to $800,000 for Condominium homes. Days on Market increased 10.7 percent for Single Family homes but decreased 31.5 percent for Condominium homes.
Months Supply of Inventory increased 45.0 percent for Single Family homes and 50.0 percent for Condominium

KAPALUA MARKET UPDATE: Q3 20

The view from 222 Crestview, Pineapple Hill Estates

Kapalua Condominiums, Homes and Land

Kapalua Condominiums

Kapalua 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.

How does the market through the end of the third quarter of 2022 stack up for each community?

A FIVE-YEAR OVERVIEW

Spotlight on the Vintage at Kaanapali: Market Update Q3 2022

The Vintage at Kaanapali is a popular resort community in the heart of the Kaanapali Resort.  

The Market at the Vintage: A Five-Year Perspective

The Vintage has been a popular choice for Maui buyers with approximately 15% of the total residences trading since 2020.  At the writing of this post, there are no active listings at the Vintage and only two sales to record in MLS in 2022.  The average sales price year to date is up +15% over 2021 and the high sales price is up 23%.  

It's noteworthy with only two sales this year, the stats can be a bit confusing.  

Vintage 104 sold at 92% of asking at $1,200,000 after 496 days on the market.  This is a two-story cottage,

Market Spotlight: Montage Residences Kapalua Bay

Since being rebranded the Montage Residence Kapalua Bay in 2014, sales at the property have soared setting record highs for condominium sales in West Maui. 

When originally developed as a Ritz-Carlton Club and Residences in 2008, the property was comprised of 84 wholly-owned three and four-bedroom residences, some of the largest condominiums available in West Maui.  These residences are known as the Grand Residences, and are located in buildings 1, 2, 5 and 6, and ranged from 2,789 to 4,055 sq. ft. 

The development also included 62 smaller two and three-bedroom residences that were offered as 1/12 ownership located in buildings 3 and 4.  When rebranded as the Montage Residences, all developer

Introducing 322 Cook Pine, one of the last remaining undeveloped lots in Pineapple Hill

An aerial overlooking 322 Cook Pine Drive, Pineapple Hill, Kapalua

The views are focused toward the channel between Molokai and Lanai, framing Maui's spectacular sunsets

This is a rare offering of one of the last undeveloped home sites in Pineapple Hill phase I. The Design Guidelines for Pineapple Hill require the owner utilize one of six approved floor plans for the lots, which may be modified.  However, it should be noted that the foot print must be maintained and any changes must be approved by the Architectural and Design Review Committee. 

Pineapple Hill is one of Kapalua's most popular residential communities.  A gated enclave developed in two

Introducing 222 Crestview, in Kapalua's Pineapple Hill Estates

Dramatic sunsets are a nightly occurrence--the view from 222 Crestview

222 Crestview Road is a rare offering of a home situated at the Pinnacle of Pineapple Hill Estates, the newest residential community in Pineapple Hill. 

This second phase of the development was annexed into the community in 2001, and the homesites are significantly larger at approximately a half acre.  Architectural restrictions limit the roof heights of the lots below to 25 feet, but allowed homes along the top row to be two stories, maximizing the size and the views from this location.

This beautifully designed home is centered around a sculpture garden behind a gated private entry. Thoughtful design provides

KAPALUA MARKET UPDATE: Q2 2022

Kapalua Condominiums

Kapalua 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.

Key Figures for Kapalua Condo Sales in 2021 by Complex