Kapalua Resort, Maui: residential market update

Sold: 320 Cook Pine Drive listed by Courtney M. Brown sold for $3,850,000.

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 three active listings and three pending sales:

The active listings include a home on a double lot in Pineapple Hill that was originally built by musician Carlos Santana,

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KAPALUA MARKET UPDATE: Q1 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

Key Stats

Coconut Grove

The Ironwoods

Kapalua Bay Villas

Kapalua Golf Villas

Kapalua Ridge Villas

Montage Residences

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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+

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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

KAPALUA RESORT	YTD 2021	YTD 2020	YTD Change	2020	Change
Sales	99	17	482%	65	52%
Volume	$228,099,750	$29,759,100	666%	$173,329,500	32%
Avg LP	$2,422,861	$1,878,000	29%	$3,065,305	-21%
Avg SP	$2,304,038	$1,684,471	37%	$2,666,607	-14%
SP/LP	96%	93%	3%	93%	3%
Avg SP/Sq. Ft.	$803	$800	0%	$897	-10%
Avg DOM	183	151	21%

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This year, as more of us work from home and shelter in place, people are starting to rethink what they want in a home and where they want to live.  The focus now is on homes with spacious yards, pools, and flexible spaces that can be used for offices, gyms and classrooms.  There is a shift away from busier cities and high-density areas to more rural settings.

As more Americans are reevaluating the four walls they live in, they are also starting to make changes in where they live.  With telecommuting, many are realizing that they can work anywhere, and living and working on Maui is becoming a reality instead of a dream.  Maui is known for its natural beauty, relaxed way of life, and the aloha spirit of its residents.

Having grown up here, one of my

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Image Courtesy of Getty Images and Sentry TOC

NEW TITLE SPONSOR FOR KAPALUA'S PGA TOUR TOURNAMENT OF CHAMPIONS AND PRO-AM INFORMATION

Sentry Insurance has signed a five year agreement as title sponsor for the PGA TOUR's premier event, the invitation only Tournament of Champions.

Golf's brightest and best flock to Maui each year for this winner's only tournament.  The defending champion is Justin Thomas (2017).  Past winners include Jordan Spieth (2016); Patrick Reed (2015); Zach Johnson (2014); and Dustin Johnson (2013).

The prestigious tournament dates back to to 1953, starting at Las Vegas’ Desert Inn Country Club, as an event for winners from the previous season. After moving from Las Vegas to California for thirty years, it finally settled

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Kapalua Residential Real Estate Market Update

The Kapalua Resort offers many real estate ownership options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment during the time period through today's posting.

Kapalua Homes:

Pineapple Hill and Pineapple Hill Estates
Active Listings: 12
Price Range: $2,150,000 to $6,300,000
Average List Price: $3,537,791
Average LP/Sq. Ft.: $821
Average DOM: 258
Size Range: 3,522 sq. ft. to 8,172 sq. ft.

Pending Sales: 0

Sales 2016 YTD: 6
Price Range: $2,150,000 to $2,700,000
Average Sales Price: $2,353,333
Average SP/Sq. Ft.: $670
Average DOM: 275

Sales 2015 YTD: 7
Price Range: $1,975,000 to

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Kapalua Real Estate: Mid-Year Market Spotlight 2016 Q1-2

The Kapalua Resort offers many options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment as of this posting with sales statistics through June 30, 2016:

Kapalua Homes:

Active Listings: 25 (up 3 from the first quarter)
Price Range: $2,350,000 to $17,600,000
Average List Price: $4,825,364
Size Range: 3,390 sq. ft. to 8,179 sq. ft.

Pending Sales: 3
Price Range: $5,200,000 to $13,200,000
Average Listing Price: $8,133,333

Sales Through 2016 Q2: 9
Price Range: $2,150,000 to $6,470,000
Average Sales Price: $3,376,666

Sales Through 2016 Q2: 8
Average Sales

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Kapalua Real Estate: Market Spotlight 2016 Q-1

The Kapalua Resort offers many options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment as of this posting:

Kapalua Homes:

Active Listings: 22
Price Range: $2,495,000 to $20,880,000
Average List Price: $6,53,790
Size Range: 3,522 sq. ft. to 12,072 sq. ft.

Pending Sales: 4
Price Range: $2,495,000 to $6,500,000
Average Listing Price: $3,621,250

Sales YTD: 5
Price Range: $2,150,000 to $4,950,000
Average Sales Price: $3,370,000

Sales 2015 YTD: 1
Price: 3,196,000

Commentary: There are five primary residential areas in Kapalua: Pineapple Hill and Pineapple Hill Estates,

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