Posted by Courtney M. Brown on Monday, February 19th, 2018 at 9:27pm.
The from Residence #4402, a corner lanai facing South West is ideal to take in Maui's sunsets
Now offered - Residences at Kapalua Bay #4402, Interval #1 the most desirable holiday weeks (December/January) at the Montage at Kapalua Bay. Enjoy spectacular winter sunsets, ocean views, and indulge your passion for luxury as an owner at this premier five-star resort. Walk to the beach at Kapalua Bay, lounge by the pool, experience fine dining, or play on the famous Plantation and Bay courses.
Enjoy ocean views from the spacious corner lanai, as well as the living room and both bedroom suites. This is a deeded one-twelfth fractional ownership with 21 guaranteed days each year and additional days on a per diem/space available basis. In addition to the two fixed December-January weeks, there is an additional floating week with dates ranging from late August to mid-October.
Whole ownership offerings at the Montage Residences Kapalua Bay currently range from $3,200,000 to $6,450,000. Fractional interests range from $99,900 to $549,000. Read More on both markets below.
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The Living Room, Dining Area, Kitchen, and both Bedroom Suites feature sweeping ocean views.
The Residences at Kapalua Bay's fractional component is comprised of 177 fractional interests in two and three bedroom condominiums that are 1/12th deeded ownership. There are two types of fractions--intervals 1-24 offer two consecutive weeks and one floating week during the opposite season. Intervals 25-36 offer three consecutive weeks.
Value is reflected in several factors: the size of the Residence (two or three bedrooms); location; view; and interval period, which is why you will see a wide range of asking and sales prices. While the property is not part of an exchange program, owners may contract with Montage Hotels to rent the residence if they aren't able to enjoy it themselves.
View Current Residences at Kapalua Bay Fractional Offerings
| Current Listings | 34 |
| Range | $99,900 to $549,000 |
| Average LP | $289,026 |
| Average LP/Sq. Ft. | $151 |
| Average DOM | 179 |
View Recent Fractional Residences Sales
| Fractional Sales | 2016 | 2017 | % Change |
| Sales | 3 | 8 | +167% |
| Range | $325,000 to $395,000 | $111,000 to $345,000 | NA |
| Average SP | $320,000 | $185,938 | -42% |
| Average SP/Sq. Ft | $170 | $93 | -45% |
| Average DOM | 696 | 271 | -61% |
Comprised of 84 wholly owned three and four bedroom residences, these are some of the largest condominiums available in West Maui.
Since being rebranded the Montage Residence Kapalua Bay in 2014, sales at the property have soared. As an overview, when sales at the property first launched in 2009, the market was at a downturn after it's 2007/2008 peak. The low for the Kapalua Resort real estate market took place after in 2012.
To give you a better sense of how significantly the market has changed, between 2009-2011 there were 14 sales averaging approximately $3.83M, with a total sales volume of $53,747,552. The foreclosure took place in 2011, and sales ceased while improvements were made property wide.
As of the date of this post, there have been 12 Residences to sell at the Montage Kapalua Bay, averaging $4.53M and a Year to Date volume of $54,388,000 with another $20,565,000 in pending sales in MLS. This represents a dramatic 83% increase over 2016's total sales volume of $41,000,000.
View Current Listings of Montage Residences Kapalua Bay Condominiums
| Current Listings | 10 |
| Range | $3,200,000 to $6,540,000 |
| Average LP | $4,507,500 |
| Average LP/Sq. Ft. | $1590 |
| Average DOM | 182 |
| Current Listings | 4 |
| Volume | $20,565,000 |
| Range | $3,565,000 to $7,750,000 |
| Average LP | $5,141,250 |
| Average LP/Sq. Ft. | $1598 |
| Average DOM | 93 |
View Montage Residences Kapalua Bay Recent Sales
| Montage Residences Sales | 2016 | 2017 | % Change |
| Sales | 9 | 12 | +33% |
| Volume | $41,000,000 | $54,388,000 | +33% |
| Range | $3,125,000 to $8,650,000 | $3,125,000 to $6,475,000 | NA |
| Average SP | $4,555,556 | $4,532,333 | -1% |
| Average SP/Sq. Ft | $1516 | $1582 | -+3% |
| Average DOM | 147 | 100 | -32% |
Residential
1 Bay Dr, Unit 6302, Kapalua, HI
MLS® #403635
Listed By: Compass
Office Contact: Cell: 808-385-0882
This Is A Turnkey Opportunity At The Magnificent Montage Residences At Kapalua Bay. Secluded And Tranquil, Stand Alone Building 6, The Molokai Wing, Sits Conveniently Positioned With Its Own Separate Driveway To This Coastal Resort. Unit 6302, With Private ...
Residential
1 Bay Dr, Unit 4505, Kapalua, HI
MLS® #403602
Listed By: Compass
Office Contact: Cell: 808-283-3436
Rare, Turnkey 5th Floor Elevation Hotel Residence At Montage Kapalua Bay- One Of The Highest Locations On The Property, Offering A "premier Oceanview Residence" Category. This Home Is Hotel-zoned For Nightly Rentals In A 5-star Resort Allowing Access To Mon...
Residential
1 Bay Dr, Unit 2202, Kapalua, HI
MLS® #402167
Listed By: West Maui Land Company Inc
Located In A Private And Serene Portion Of The Luxury Resort Known As The Montage Residences Kapalua Bay, Unit 2202 Awaits Your Arrival! Conveniently Located On The Ground Floor, This Grand Residence 3-bedroom, Den, 3.5 Bathroom Property Is Centrally Locate...
Residential
1 Bay Dr, Unit 1502, Kapalua, HI
MLS® #400821
Listed By: Compass
Office Contact: Cell: 808-283-3436
This Oceanfront Penthouse Occupies A Prime Location At Montage Kapalua Bay, Offering Breathtaking, Unobstructed Views Of The Sparkling, Sapphire Blue Waters Of The Pacific Ocean, And The Islands Of Lana'i And Moloka'i. Enjoy Kapalua’s Best With Picturesque ...
Residential
1 Bay Dr, Unit 1204, Kapalua, HI
MLS® #400442
Listed By: Compass
Office Contact: Cell: 808-283-3436
This Exquisitely Furnished Residence Offers Luxury Resort-style Living, Elevating The Experience Of Coastal Elegance To New Heights. With Direct Oceanfront Access And A Walkout To A Tropical, Grassy Lawn Area, This Second-floor Elevation Home Presents An In...
*Statistics above are at the time of this post per MLS. Any interested party should do their own due diligence as the information is subject to change.
Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty