Kaanapali Resort Condominium Market Update | Q 1 2024

Posted by Courtney M. Brown on Friday, April 5th, 2024 at 3:32pm.

KAANAPALI CONDOMINIUM MARKET UPDATE: Q1 2024

Kaanapali Condos for Sale

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.

Kaanapali Resort Condos 2024 2023 2022 2021 2020 2019
Number of Sales 23 70 148 237 159 168
Volume $37,105,000 $123,054,600 $247,257,475 $321,700,298 $212,877,531 $205,331,916
Low Sales Price $520,000 $475,000 $325,000 $318,000 $319,000 $240,000
High Sales Price $4,625,000 $5,650,000 $5,899,000 $5,400,000 $3,300,000 $4,995,000
Median $1,550,000 $1,500,000 $1,412,500 $995,000 $1,050,000 $952,500
Average SP $1,613,261 $1,757,923 $1,670,659 $1,357,385 $1,338,852 $1,222,214
Average SP/Sq. Ft. $1,707 $1,617 $1,486 $1,158 $955 $1,010
Average DOM 99 103 90 127 248 218
Average SP/LP 97% 96% 98% 98% 96% 97%
There are a mix of leasehold and fee simple condominiums in Kaanapali      

 

How does the market through the first quarter of 2024 stack up for each community as compared with prior years?

A FIVE-YEAR OVERVIEW

Honua Kai

Honua Kai: condos for sale All Buildings

Honua Kai Q1 2024 2023 2022 2021 2020 2019
Sales 8 18 45 63 72 57
Volume $14,925,000 $37,688,999 $112,632,875 $121,182,648 $137,972,250 $91,809,500
Low SP $1,275,000 $1,200,000 $1,150,000 $807,500 $735,000 $774,000
High SP $2,950,000 $5,525,000 $5,899,000 $5,400,000 $3,199,000 $3,300,000
Median SP $1,667,500 $1,843,500 $1,900,000 $1,550,000 $2,119,750 $1,700,000
Average SP $1,865,625 $2,093,778 $2,502,953 $1,923,534 $1,916,281 $1,610,693
Average SP/Sq. Ft $2,348 $2,178 $2,154 $1,498 $1,139 $1,190
Average DOM 74 114 97 137 404 318
Average SP/LP 98% 96% 98% 98% 98% 98%

International Colony Club

International Colony Club condos for sale

International Colony Club Q1 2024 2023 2022 2021 2020 2019
Sales 0 2 0 5 1 1
Volume NA $2,910,000 NA $3,150,000 $575,000 $618,000
Low SP NA $1,310,000 NA $600,000 $575,000 $618,000
High SP NA $1,600,000 NA $680,000 $575,000 $618,000
Median SP NA $1,455,000 NA $620,000 $575,000 $618,000
Average SP NA $1,455,000 NA $630,000 $575,000 $618,000
Average SP/Sq. Ft NA $1,035 NA $556 $614 $445
Average DOM NA 41 NA 143 127 237
Average SP/LP NA 101% NA 100% 96% 98%

Kaanapali Alii

Kaanapali Alii condos for sale

Kaanapali Alii Q1 2024 2023 2022 2021 2020 2019
Sales 1 6 12 27 9 16
Volume $4,625,000 $23,125,000 $31,841,600 $66,456,000 $18,215,000 $39,230,000
Low SP $4,625,000 $2,350,000 $1,020,000* $918,000* $1,200,000 $1,100,000
High SP $4,625,000 $5,650,000 $4,596,600 $5,000,000 $3,300,000 $4,995,000
Median SP $4,625,000 $3,787,500 $2,387,500 $2,300,000 $1,700,000 $2,147,500
Average SP $4,625,000 $3,854,167 $2,653,467 $2,461,333 $2,023,889 $2,451,875
Average SP/Sq. Ft $2,815 $2,427 $1,739 $1,595 $1,248 $1,560
Average DOM 129 76 97 125 129 213
Average SP/LP 95% 96% 96% 97% 92% 95%

Kaanapali Plantation

Kaanapali Plantation condos for sale

Kaanapali Plantation Q1 2024 2023 2022 2021 2020 2019
Sales 2 1 9 11 4 3
Volume $2,575,000 $1,375,000 $11,244,000 $8,570,250 $3,190,000 $2,039,000
Low SP $1,275,000 $1,375,000 $860,000 $448,000 $755,000 $629,000
High SP $1,300,000 $1,375,000 $1,500,000 $1,200,000 $870,000 $780,000
Median SP $1,287,500 $1,375,000 $1,325,000 $731,250 $782,500 $630,000
Average SP $1,287,500 $1,375,000 $1,249,333 $779,114 $797,500 $679,667
Average SP/Sq. Ft $974 $1,194 $979 $595 $558 $544
Average DOM 76 77 60 129 127 $282
Average SP/LP 99% 92% 97% 98% 95% 97%

Kaanapali Royal

Kaanapali Royal condos for sale

Kaanapali Royal Q1 2024 2023 2022 2021 2020 2019
Sales 3 4 2 3 6 9
Volume $4,475,000 $6,620,000 $2,455,000 $2,792,000 $4,372,500 $6,997,750
Low SP $1,350,000 $1,500,000 $1,160,000 $820,000 $350,000* $705,000
High SP $1,575,000 $1,950,000 $1,295,000 $1,100,000 $850,000 $864,750
Median SP $1,550,000 $1,585,000 $1,227,500 $872,000 $795,000 $765,000
Average SP $1,491,667 $1,655,000 $1,227,500 $930,667 $728,750 $777,528
Average SP/Sq. Ft $958 $1,057 $805 $571 $478 $504
Average DOM 121 85 35 99 99 101
Average SP/LP 96% 95% 108% 103% 97% 97%
* Leasehold sales in 2017 and 2020          

Kaanapali Shores

Kaanapali Shores condos for sale

Kaanapali Shores Q1 2024 2023 2022 2021 2020 2019
Sales 2 11 29 33 15 15
Volume $2,325,000 $12,429,900 $26,657,500 $25,358,000 $9,727,381 $9,938,167
Low SP $1,050,000 $650,000* $325,000* $318,000* $320,000* $365,000
High SP $1,275,000 $2,500,000 $2,360,000 $2,125,000 $950,000 $997,000
Median SP $1,162,500 $979,900 $810,000 $700,000 $645,000 $557,500
Average SP $1,162,500 $1,129,991 $919,224 $768,424 $635,159 $621,135
Average SP/Sq. Ft $1,377 $1,261 $1,098 $931 $781 $830
Average DOM 68 115 91 145 142 117
Average SP/LP 93% 97% 98% 98% 95% 97%
*There were leasehold sales every year except 2024.  Low is marked with the asterisk    

The Mahana at Kaanapali

The Mahana at Kaanapali condos for sale

Mahana Q1 2024 2023 2022 2021 2020 2019
Sales 1 7 21 12 5 9
Volume $835,000 $10,582,500 $26,241,500 $14,372,400 $4,858,000 $8,302,000
Low SP $835,000 $1,175,000 $772,500 $725,000 $640,000 $625,000
High SP $835,000 $3,005,000 $2,300,000 $1,725,000 $1,650,000 $1,850,000
Median SP $835,000 $1,227,500 $1,160,000 $1,197,500 $880,000 $825,000
Average SP $835,000 $1,511,788 $1,249,595 $1,197,708 $971,600 $922,444
Average SP/Sq. Ft $1,831 $1,655 $1,591 $1,330 $1,314 $1,174
Average DOM 21 126 78 253 161 140
Average SP/LP 100% 97% 97% 97% 96% 98%

Maui Eldorado

Maui Eldorado condos for sale

Maui Eldorado Q1 2024 2023 2022 2021 2020 2019
Sales 1 6 10 12 10 12
Volume $520,000 $4,657,700 $7,011,000 $6,803,500 $4,302,500 $4,766,000
Low SP $520,000 $475,000 $415,000 $345,000 $240,000 $240,000
High SP $520,000 $1,250,000 $1,137,500 $965,000 $835,000 $835,000
Median SP $520,000 $591,350 $616,250 $460,750 $403,750 $332,500
Average SP $520,000 $776,283 $701,100 $566,958 $430,250 $397,167
Average SP/Sq. Ft $912 $858 $657 $559 $458 $458
Average DOM 94 88 64 131 79 79
Average SP/LP 97% 95% 101% 98% 96% 96%
Maui Eldorado is a Leasehold property          

Maui Kaanapali Villas

Maui Kaanapali Villas condos for sale

Maui Kaanapali Villas Q1 2024 2023 2022 2021 2020 2019
Sales 1 0 6 15 10 5
Volume $1,095,000 NA $4,615,000 $9,598,900 $5,884,400 $3,695,000
Low SP $1,095,000 NA $400,000 $345,000 $432,500 $430,000
High SP $1,095,000 NA $1,100,000 $915,000 $799,000 $1,050,000
Median SP $1,095,000 NA $767,500 $625,000 $487,450 $760,000
Average SP $1,095,000 NA $769,167 $639,927 $588,440 $739,000
Average SP/Sq. Ft $1,190 NA $1,154 $985 $889 $932
Average DOM 24 NA 111 64 54 49
Average SP/LP 100% NA 99% 98% 98% 100%

  

Maui Kai

Maui Kai condos for sale

Masters Q1 2024 2023 2022 2021 2020 2019
Sales 1 1 7 6 6 9
Volume $680,000 $935,000 $5,308,000 $3,541,000 $3,199,000 $4,899,000
Low SP $935,000 $935,000 $560,000 $458,000 $415,000 $430,000
High SP $935,000 $935,000 $1,090,000 $785,000 $675,000 $745,000
Median SP $935,000 $935,000 $665,000 $526,500 $525,000 $525,000
Average SP $935,000 $935,000 $758,286 $590,167 $533,167 $544,333
Average SP/Sq. Ft $1,722 $1,445 $1,530 $1,257 $1,052 $1,033
Average DOM 28 38 64 151 193 202
Average SP/LP 99% 100% 101% 99% 95% 96%

  

The Masters at Kaanapali Hillside

The Masters at Kaanapali Hillside condos for sale

Masters Q1 2024 2023 2022 2021 2020 2019
Sales 0 9 17 31 15 18
Volume NA $14,390,000 $25,371,000 $34,802,000 $13,586,500 $15,498,500
Low SP NA $1,275,000 $900,000 $675,000 $575,000 $550,000
High SP NA $1,990,000 $2,175,000 $1,929,000 $1,300,000 $1,400,000
Median SP NA $1,600,000 $1,565,000 $1,107,000 $945,000 $852,000
Average SP NA $1,598,889 $1,492,412 $1,122,645 $905,766 $861,028
Average SP/Sq. Ft NA $1,035 $989 $796 $639 $660
Average DOM NA 165 62 133 97 225
Average SP/LP NA 93% 100% 98% 95% 95%

 

The Vintage at Kaanapali

The Vintage condos for sale

Vintage Q1 2024 2023 2022 2021 2020 2019
Sales 1 3 3 7 4 6
Volume $2,100,000 $5,574,000 $5,190,000 $9,734,000 $4,573,000 $6,840,999
Low SP $2,100,000 $1,775,000 $1,200,000 $1,100,000 $950,000 $890,999
High SP $2,100,000 $1,999,000 $1,995,000 $1,620,000 $1,375,000 $1,425,000
Median SP $2,100,000 $1,800,000 $1,995,000 $1,360,000 $1,124,000 $1,125,000
Average SP $2,100,000 $1,858,000 $1,730,000 $1,390,571 $1,143,250 $1,140,167
Average SP/Sq. Ft $1,167 $931 $797 $693 $621 $610
Average DOM 292 104 203 87 148 237
Average SP/LP 92% 96% 97% 99% 96% 94%

 

The Whaler at Kaanapali Beach

The Whaler at Kaanapali Beach condos for sale

Whaler Q1 2024 2023 2022 2021* 2020 2019
Sales 2 5 8 24 7 16
Volume $2,950,000 $6,650,000 $14,931,500 $29,712,000 $7,480,000 $19,000,000
Low SP $1,300,000 $1,085,000 $1,080,000 $500,000 $795,000 $750,000
High SP $1,650,000 $1,420,000 $3,970,000 $3,650,000 $1,250,000 $2,750,000
Median SP $1,475,000 $1,395,000 $1,575,000 $945,500 $1,100,000 $945,000
Average SP $1,475,000 $1,330,000 $1,866,438 $1,238,000 $1,068,571 $1,187,500
Average SP/Sq. Ft $1,630 $2,473 $1,959 $1,524 $1,266 $1,380
Average DOM 223 48 85 116 150 173
Average SP/LP 96% 103% 98% 98% 91% 95%
*Leasehold Sale occurred in this year          

 

If you are thinking of buying or selling in Kaanapali, please contact Courtney M. Brown for more detailed information on the market at each of these Kaanapali communities

94 Properties Found. Page 1 of 8

Welcome To Your Maui Paradise At Kaanapali Alii...

NEW Photo of Listing #404023

$1,999,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,441 ft²

Residential

50 Nohea Kai Dr, Unit 1301, Kaanapali, HI

MLS® #404023

Listed By: Living Maui Real Estate LLC
Office Contact: Cell: 808-359-1161

Welcome To Your Maui Paradise At Kaanapali Alii—turnkey Furnished, Ready For You To Move In. Nestled In The Heart Of Maui's Breathtaking Kaanapali Beach, Kaanapali Alii Resort Combines Luxury And Tranquility To Create An Unparalleled Island Lifestyle. This ...

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Discover Your Dream Escape In Konea 1026, A Top...

Photo of Listing #403955

$2,650,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 34.82 Acres
  • 1,285 ft²

Residential

130 Kai Malina Pkwy, Unit Nr1026, Kaanapali, HI

MLS® #403955

Listed By: Maui Westside Properties

Discover Your Dream Escape In Konea 1026, A Top-floor Haven Nestled In The Honua Kai Resort In Kaanapali Maui. This Exquisite 1285 Sq Ft Condo Offers Two Bedrooms And Two Baths, With Stunning Ocean And Mountain Views From Its 10th-floor Vantage Point. Step...

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Prime Location With Exceptional Ocean Views! Th...

Photo of Listing #403919

$3,490,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 39.84 Acres
  • 1,320 ft²

Residential

130 Kai Malina Pkwy, Unit Sr 741, Kaanapali, HI

MLS® #403919

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-280-8986

Prime Location With Exceptional Ocean Views! This Well Appointed 2 Bedroom, 2 Bathroom Condo Is Located At Honua Kai In The Hoku Lani Tower. Situated On The Inner Courtyard, The View Includes The Kalohi Channel And Northern Points Of Lana'i. Spend Your Days...

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Panoramic Views Of The Pacific, Framed By The O...

Photo of Listing #403877

$1,695,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,512 ft²

Residential

50 Puu Anoano St, Unit 1004, Kaanapali, HI

MLS® #403877

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-250-0210

Panoramic Views Of The Pacific, Framed By The Outer Islands Of Molokai And Lanai Will Delight And Inspire You. Situated Along The Royal Kaanapali Golf Course, This Spacious Single Level 2-bedroom 2-bath Residence Enjoys Some Of The Best Views In The Communi...

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Hotel Zoned. This One-bedroom, One-bath Ocean ...

Photo of Listing #403879

$925,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 10.1 Acres
  • 806 ft²

Residential

3445 Lower Honoapiilani Rd, Unit 612, Kaanapali, HI

MLS® #403879

Listed By: Real Broker LLC
Office Contact: ReneSellsMaui@gmail.com

Hotel Zoned. This One-bedroom, One-bath Ocean & Mountain View Unit Is Located On The North-facing Quiet Side Of Kaanapali Shores. The Owner Has Upgraded The Entire Lanai Sliding Door And Side Windows And Updated The Bathroom Ceiling With Led Lighting. Oc...

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Experience Luxury Living At The Stunning Honua ...

Photo of Listing #403882

$1,325,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 39.84 Acres
  • 620 ft²

Residential

130 Kai Malina Pkwy, Unit Sr 732, Kaanapali, HI

MLS® #403882

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-214-4492

Experience Luxury Living At The Stunning Honua Kai Resort In Ka'anapali. This Beautifully Furnished 1-bedroom, 1-bathroom Unit Boasts Breathtaking Mountain Views, Creating A Serene Backdrop For Your Hawaiian Getaway. The Resort Offers An Array Of Exception...

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A Very Rare Location At The Mahana, A Direct Oc...

Photo of Listing #403873

$2,750,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 5.01 Acres
  • 1,214 ft²

Residential

110 Kaanapali Shores Pl, Unit 109, Kaanapali, HI

MLS® #403873

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-385-1528

A Very Rare Location At The Mahana, A Direct Oceanfront, Corner Ground Floor 2 Bed/2 Bath Condominium. This Luxury Condo Is Truly One Of A Kind Offering An Extra Sense Of Privacy On This Quiet, Corner Location, Surrounded By Tropical Gardens For A Peaceful ...

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Spectacular Ocean And Island Views Await You In...

Photo of Listing #403867

$1,695,000 Active Fee Simple

  • 2 Beds
  • 2½ Baths
  • 10 Acres
  • 1,545 ft²

Residential

150 Puukolii Rd, Unit 18, Kaanapali, HI

MLS® #403867

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-357-4000

Spectacular Ocean And Island Views Await You In This Stylish Town Home Located In Kaanapali Plantation. Unit 18 Is A Two-story End Unit With 2 Ocean-view Lanais, 2 Bedrooms, 2.5 Bathrooms, And A Separate Den/office, Spread Over 1545/sf Of Space. Beautifully...

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First Time On The Market! Held In The Same Fami...

Photo of Listing #403808

$1,725,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 6.66 Acres
  • 901 ft²

Residential

2481 Kaanapali Pkwy, Unit 256, Kaanapali, HI

MLS® #403808

Listed By: Compass
Office Contact: Cell: 808-250-0840

First Time On The Market! Held In The Same Family For Decades, This Beautifully-appointed Condo Has Expansive Views Of Kaanapali Beach And Black Rock With Molokai In The Distance Over The Bright Blue Ocean. From This Premier Location At The Whaler, Enjoy Th...

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Mahana 816 - Hotel Zoned Property Per County Re...

Photo of Listing #403786

$1,245,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 5.01 Acres
  • 820 ft²

Residential

110 Kaanapali Shores Pl, Unit 816, Kaanapali, HI

MLS® #403786

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-357-0958

Mahana 816 - Hotel Zoned Property Per County Records. Experience Coastal Living At Its Finest In This Stunning Beach Front Property! With Floor-to-ceiling Windows, Enjoy Breathtaking Views Of Whales, Turtles, And Dolphins Right From Your Large Living Space....

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Experience Classic Hawaiiana Style And Elegance...

Photo of Listing #403768

$3,490,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,643 ft²

Residential

50 Nohea Kai Dr, Unit Ii303, Kaanapali, HI

MLS® #403768

Listed By: Gregory Harbottle Inc

Experience Classic Hawaiiana Style And Elegance In This Stunning Ka'anapali Ali'i Residence. From Handcrafted Woodwork To The Carefully Curated Decor, No Expense Was Spared On The Opulent Upgrades In This Luxurious Beachside Home. Overlooking Ocean Views An...

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Welcome To Kaanapali Alii 1-201, Located In Wes...

Photo of Listing #403743

$2,250,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,460 ft²

Residential

50 Nohea Kai Dr, Unit 1-201, Kaanapali, HI

MLS® #403743

Listed By: Keller Williams Realty Maui-Ki
Office Contact: Cell: 808-859-2086

Welcome To Kaanapali Alii 1-201, Located In West Maui’s Most Prestigious Hotel Zoned Oceanfront Resort. This Exquisite 1-bedroom, 2-bathroom Corner Unit Spans 1,460 Sq. Ft., Offering Unmatched Luxury, Privacy, And Comfort. This Beautifully Upgraded Residenc...

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Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value.  Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein.

This blog post was updated on 4/5/24.  

Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty

 

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