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

99 Properties Found. Page 4 of 9

Whaler 974 - A Premier, Corner Unit On The 9th ...

Photo of Listing #403453

$1,995,000 Active Fee Simple

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

Residential

2481 Kaanapali Pkwy, Unit 974, Kaanapali, HI

MLS® #403453

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-757-5113

Whaler 974 - A Premier, Corner Unit On The 9th Floor Of Tower Ii. This Beautiful 1 Bedroom/2 Baths Unit Features An Extra Spacious Wrap-around Lanai With Stunning Views Of The West Maui Mountains, As Well As A Serene Ocean View Across Over The Whaler's Cour...

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Konea 549 (a Three Bedroom / Three Bath Home) I...

Photo of Listing #403410

$4,000,000 Active Fee Simple

  • 3 Beds
  • 3 Baths
  • 34.82 Acres
  • 1,930 ft²

Residential

130 Kai Malina Pkwy, Unit Nr549, Kaanapali, HI

MLS® #403410

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

Konea 549 (a Three Bedroom / Three Bath Home) Is Now Available For Sale! Full Unobstructed Ocean View. It Is The Lowest Priced Three Bedroom That Is Available For Sale By More Than $500,000! This Spacious (1930 Sq Ft) Home Comes Loaded With Recent Upgrade...

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Welcome To Hokulani 325! This Stunning Oceanfro...

Photo of Listing #403317

$4,595,000 Active Fee Simple

  • 3 Beds
  • 3 Baths
  • 39.84 Acres
  • 1,600 ft²

Residential

130 Kai Malina Pkwy, Unit Sr325, Kaanapali, HI

MLS® #403317

Listed By: Island Sotheby's Int'l Rlty(W)
Office Contact: Cell: 808-385-6564

Welcome To Hokulani 325! This Stunning Oceanfront Condo Offers Unparalleled Views And Luxurious Living In One Of The Most Sought-after Resort Areas In Kaanapali. From The Moment You Step Inside, You'll Be Greeted By An Open-concept Design That Maximizes The...

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This 2-bedroom, 2-bathroom Suite Offers Panoram...

Photo of Listing #403311

$1,595,000 Active Fee Simple

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

Residential

50 Puu Anoano St, Unit 903, Kaanapali, HI

MLS® #403311

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

This 2-bedroom, 2-bathroom Suite Offers Panoramic Views Of The Beautiful Pacific Ocean And Neighboring Lslands While Overlooking The 13th Fairway Of The Royal Ka’anapali Golf Course. This Unit Is Sold Partially Furnished. Artwork Is Excluded. The Masters At...

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Welcome To Your Oceanfront Paradise! Mahana 100...

Photo of Listing #403300

$1,235,000 Active Fee Simple

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

Residential

110 Kaanapali Shores Pl, Unit 1006, Kaanapali, HI

MLS® #403300

Listed By: Compass
Office Contact: Cell: 808-283-7214

Welcome To Your Oceanfront Paradise! Mahana 1006 Has Unobstructed Ocean Views From Its Living Area, Bedroom, And Private Lanai. Prepare For Some Of The World's Best Whale Watching Right From Your Living Room, And With A Pristine Reef Located Just Off Our Sa...

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Kaanapali Shores 709- Center Courtyard Location...

Photo of Listing #403209

$949,000 Pending Fee Simple

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

Residential

3445 Lower Honoapiilani Rd, Unit 709, Kaanapali, HI

MLS® #403209

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

Kaanapali Shores 709- Center Courtyard Location On The 7th Floor Of A Coveted West Maui Location, This Hotel Zone 1b/1b Unit Offers Over 800sqft With Beautiful Oceanview's From The Living Room And Bedroom That Will Leave You In Awe. Step Inside To Discover ...

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Kaanapali Shores 731 - Hotel Zoned Property Per...

Photo of Listing #403210

$898,000 Active Fee Simple

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

Residential

3445 Lower Honoapiilani Rd, Unit 731, Kaanapali, HI

MLS® #403210

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

Kaanapali Shores 731 - Hotel Zoned Property Per County Records. Central Location On The 7th Floor, This 1b/1b Unit Offers Direct Oceanview's That Will Take Your Breath Away. This Spacious Floorplan Featuring An Upgraded Kitchen, Custom Cabinets, And High-en...

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This One Bedroom, Two Bath Unit At Kaanapali Al...

Photo of Listing #403193

$2,290,000 Active Fee Simple

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

Residential

50 Nohea Kai Dr, Unit 1-801, Kaanapali, HI

MLS® #403193

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

This One Bedroom, Two Bath Unit At Kaanapali Alii Includes A Den Currently Being Utilized As A Second Bedroom. This Unit Has A Prime Location With Spectacular Ocean Views Overlooking The World Famous Kaanapali Beach, Black Rock, And The Majestic West Maui M...

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By Far, The Most Beautiful Lower Floor 2- Bedro...

REDUCED 6% Photo of Listing #403186

$1,270,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 10 Acres
  • 1,152 ft²

Residential

150 Puukolii Rd, Unit 52, Kaanapali, HI

MLS® #403186

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-276-6061

By Far, The Most Beautiful Lower Floor 2- Bedroom 2- Bath I’ve Ever Seen At The Kaanapali Plantation, Since I Began To Market It In 1989. The Location Is Unparalleled, And Includes Drop- Dead Gorgeous Views Of The Crystal-clear Pacific Ocean, Featuring The ...

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Nestled Within The Kaanapali Plantation Communi...

Photo of Listing #403168

$1,025,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 10 Acres
  • 1,096 ft²

Residential

150 Puukolii Rd, Unit 59, Kaanapali, HI

MLS® #403168

Listed By: Soldier to Soldier Hawaii Rlty

Nestled Within The Kaanapali Plantation Community, This 1-bedroom, 2-bathroom Corner Unit Embodies The Essence Of Tropical Living. As A Corner Unit, This Residence Is Thoughtfully Designed To Offer Enhanced Privacy. Whether You Are Enjoying A Morning Coffee...

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Welcome To Your Spacious First Floor Suite With...

Photo of Listing #403126

$699,000 Active Leasehold

  • 1 Beds
  • 1 Baths
  • 10.2 Acres
  • 960 ft²

Residential

2661 Kekaa Dr, Unit J113, Kaanapali, HI

MLS® #403126

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-359-4245

Welcome To Your Spacious First Floor Suite With A Large Private Lanai! Own In A Truly World-class Resort Location With Access To Kaanapali Beach, Maui Eldorado’s Private Beach Cabana, Swimming Pools, A Hot Tub Spa, Bbq’s, A Fitness Center, And More. “j Buil...

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One Of The Most Highly Desirable 1 Bedroom 2 Fu...

Photo of Listing #403139

$1,320,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 5.01 Acres
  • 854 ft²

Residential

110 Kaanapali Shores Pl, Unit 315, Kaanapali, HI

MLS® #403139

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

One Of The Most Highly Desirable 1 Bedroom 2 Full Bath Floor Plans At Mahana. Fabulous 3rd Floor Offers A Unique Perspective Of The Beach And Sea Life With Amazing Ocean Views And The Neighbor Islands Of Lana'i And Moloka'i. Panoramic Views Of The Pacific 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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