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

115 Properties Found. Page 1 of 10

Don’t Miss This Fabulous Opportunity To Own At ...

NEW Photo of Listing #405371

$1,195,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 39.84 Acres
  • 765 ft²

Residential

130 Kai Malina Pkwy, Unit Sr330, Kaanapali, HI

MLS® #405371

Listed By: Susan Jackson Real Estate
Office Contact: Cell: 865-206-1234

Don’t Miss This Fabulous Opportunity To Own At Honua Kai. This Very Large One-bedroom (765 Sq Ft) Has It All! Wake Up To Gorgeous Sunrises Over The Maui Mountains. Sip Your Coffee From Your Spacious Lanai And Enjoy The West Maui Rainbows. Then Off To Th...

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Ka'anapali Shores #744 Has A Robust Track Recor...

NEW Photo of Listing #405391

$829,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 10.1 Acres
  • 717 ft²

Residential

3445 Lower Honoapiilani Rd, Unit 744, Kaanapali, HI

MLS® #405391

Listed By: eXp Realty
Office Contact: Cell: 808-269-8633

Ka'anapali Shores #744 Has A Robust Track Record As A Successful Vacation Rental. Compare This One To The Other Offerings In This Resort Community And I Think You'll Find It Benefits From An Amazing View And Conclude It's The Best Value Out There! Aston Ka’...

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Hokulani 734 - Experience Breathtaking Mountain...

NEW Photo of Listing #405359

$1,849,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 39.84 Acres
  • 1,080 ft²

Residential

130 Kai Malina Pkwy, Unit Sr 734, Kaanapali, HI

MLS® #405359

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-2525

Hokulani 734 - Experience Breathtaking Mountain Views From The Seventh-floor Corner Unit Of The Luxurious Honua Kai Resort. This Two-bedroom, Two-bathroom Residence Boasts Floor-to-ceiling Windows That Showcase The Magnificent West Maui Mountains From Both ...

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Experience Breathtaking Panoramic Views Of The ...

Photo of Listing #405303

$1,700,000 Active Fee Simple

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

Residential

50 Puu Anoano St, Unit 2603, Kaanapali, HI

MLS® #405303

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-283-3067

Experience Breathtaking Panoramic Views Of The Pacific Ocean And The Islands Of Lanai And Molokai From Nearly Every Room In This Beautifully Remodeled 2-bedroom, 2-bathroom Suite At The Masters. Thoughtfully Upgraded In 2014, This Residence Features An Open...

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Gorgeous Penthouse Condo At The Whaler On Kaana...

Photo of Listing #405264

$1,865,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 6.67 Acres
  • 905 ft²

Residential

2481 Kaanapali Pkwy, Unit 1269, Kaanapali, HI

MLS® #405264

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-446-5841

Gorgeous Penthouse Condo At The Whaler On Kaanapali Beach. This One Bedroom, Two Bath Condominium On The Top Floor Of Tower Ii Provides Stunning Views Of The Ocean, Kaanapali Beach, Golf Course And The Majestic West Maui Mountains. The Whaler On Kaanapali B...

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One Of The Best Locations For A Ground Floor St...

Photo of Listing #405283

$485,000 Pending Leasehold

  • 1 Baths
  • 10.2 Acres
  • 570 ft²

Residential

2661 Kekaa Dr, Unit J122, Kaanapali, HI

MLS® #405283

Listed By: Compass
Office Contact: Cell: 808-757-8053

One Of The Best Locations For A Ground Floor Studio At Maui Eldorado. Located In The J Building With A View Of The Ocean Across The Golf Course And Conveniently Situated On The Ground Level With A Large Extended Green Belt Area In Front Of The Lanai. J-122 ...

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Maui Kai 402 Is Located In The Heart Of Kaanapa...

Photo of Listing #405249

$649,000 Active Fee Simple

  • 1 Baths
  • 1.72 Acres
  • 395 ft²

Residential

106 Kaanapali Shores Pl, Unit 402, Kaanapali, HI

MLS® #405249

Listed By: Maui Real Estate Advisors LLC
Office Contact: 808-875-4444

Maui Kai 402 Is Located In The Heart Of Kaanapali With Some Of The Most Amazing Ocean And Outer Island Views. Relax On Your Covered Lanai Surrounded By The Sounds Of The Surf And The Rolling Waves While Enjoy The Turtles Below And The Whales Actively Playi...

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Kaanapali Shores 346 Discover The Ultimate Isla...

Photo of Listing #405238

$835,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 10.1 Acres
  • 717 ft²

Residential

3445 Lower Honoapiilani Rd, Unit 346, Kaanapali, HI

MLS® #405238

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-2525

Kaanapali Shores 346 Discover The Ultimate Island Retreat With This Charming One-bedroom, One-bath Ocean View Condo, Perfectly Positioned On The Third Floor Of Kaanapali Shores. Enjoy The Tranquil Sights And Sounds Of The Koi Ponds, With A Delightful View O...

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Perched On The Top Row In One Of Kaanapali Mast...

Photo of Listing #405219

$1,695,000 Pending Fee Simple

  • 3 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,269 ft²

Residential

50 Puu Anoano St, Unit 3408, Kaanapali, HI

MLS® #405219

Listed By: Berkshire Hathaway Maui Prop-L

Perched On The Top Row In One Of Kaanapali Masters’ Most Coveted Locations, Residence 3408 Offers Breathtaking West-facing Ocean And Outer Island Vistas, Year-round Panoramic Sunsets, And Front-row Seats To Seasonal Whale Watching. Overlooking The Renowned ...

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If You Are Looking For A Luxurious Oceanfront C...

Photo of Listing #405204

$1,275,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 10.1 Acres
  • 988 ft²

Residential

3445 Lower Honoapiilani Rd, Unit 304, Kaanapali, HI

MLS® #405204

Listed By: Keller Williams Realty Maui-Ka
Office Contact: Cell: 808-276-8776

If You Are Looking For A Luxurious Oceanfront Condo At A Price Point From Four Years Ago, You’ve Found It! From Your Private Lanai, You Will Enjoy Watching And Hearing The Waves Break. If You Love The Idea Of Being Lulled To Sleep By The Sound Of The Ocean,...

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Available For 8 Month Lease Beginning May 1, 20...

Photo of Listing #405223

$3,000 Active

  • 2 Beds
  • 1 Baths
  • 1.74 Acres
  • 659 ft²

Residential Lease

3676 Lower Honoapiilani Rd, Unit D102, Kaanapali, HI

MLS® #405223

Listed By: Maui Vision Properties LLC

Available For 8 Month Lease Beginning May 1, 2025 To December 31, 2025. Monthly Rent $3,000 Plus Ge Tax 4.712% Plus Electricity West Maui Trades Unit D102 - Comfortably Sleeps A Family Of 4. Located Directly Across The Street From Honokowai Beach Park - ...

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Kaanapali Shores 431 - Welcome To This Charming...

Photo of Listing #405193

$890,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 10.1 Acres
  • 717 ft²

Residential

3445 Lower Honoapiilani Rd, Unit 431, Kaanapali, HI

MLS® #405193

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-250-5948

Kaanapali Shores 431 - Welcome To This Charming One-bedroom, One-bath Condominium Located On The Fourth Level Of Kaanapali Shores. This Prime Unit Offers Convenient Parking And Access To The Outdoor Activities. From The Lanai You Will Find Beautiful Views O...

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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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