Kaanapali Resort Condominium Market Update: Q2 | 2023

Posted by Courtney M. Brown on Thursday, July 27th, 2023 at 12:48pm.

KAANAPALI CONDOMINIUM MARKET UPDATE: Q2 2023 

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 Q2 2023 2022 2021 2020 2019 2018
Number of Sales 39 148 237 159 168 173
Volume $66,617,900 $247,257,475 $321,700,298 $212,877,531 $205,331,916 $191,084,387
Low Sales Price $600,000 $325,000 $318,000 $319,000 $240,000 $159,000
High Sales Price $5,525,000 $5,899,000 $5,400,000 $3,300,000 $4,995,000 $5,725,000
Median $1,500,000 $1,412,500 $995,000 $1,050,000 $952,500 $801,000
Average SP $1,708,151 $1,670,659 $1,357,385 $1,338,852 $1,222,214 $1,104,534
Average SP/Sq. Ft. $1,597 $1,486 $1,158 $955 $1,010 $955
Average DOM 111 90 127 248 218 170
Average SP/LP 97% 98% 98% 96% 97% 96%
There are a mix of leasehold and fee simple condominiums in Kaanapali      

How does the market through the second quarter of 2023 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 Q2 2023 2022 2021 2020 2019 2018
Sales 11 45 63 72 57 40
Volume $24,458,000 $112,632,875 $121,182,648 $137,972,250 $91,809,500 $64,235,287
Low SP $1,220,000 $1,150,000 $807,500 $735,000 $774,000 $695,000
High SP $5,525,000 $5,899,000 $5,400,000 $3,199,000 $3,300,000 $5,725,000
Median SP $1,975,000 $1,900,000 $1,550,000 $2,119,750 $1,700,000 $1,120,000
Average SP $2,223,455 $2,502,953 $1,923,534 $1,916,281 $1,610,693 $1,605,882
Average SP/Sq. Ft $2,184 $2,154 $1,498 $1,139 $1,190 $1,357
Average DOM 119 97 137 404 318 117
Average SP/LP 97% 98% 98% 98% 98% 98%

International Colony Club

International Colony Club condos for sale

 

International Colony Club Q2 2023 2022 2021 2020 2019 2018
Sales 0 0 5 1 1 9
Volume 0 0 $3,150,000 $575,000 $618,000 $4,749,500
Low SP NA NA $600,000 $575,000 $618,000 $388,500
High SP NA NA $680,000 $575,000 $618,000 $640,000
Median SP NA NA $620,000 $575,000 $618,000 $501,000
Average SP NA NA $630,000 $575,000 $618,000 $527,722
Average SP/Sq. Ft NA NA $556 $614 $445 $495
Average DOM NA NA 143 127 237 268
Average SP/LP NA NA 100% 96% 98% 93%

 

Kaanapali Alii

Kaanapali Alii condos for sale

Kaanapali Alii Q2 2023 2022 2021 2020 2019 2018
Sales 3 12 27 9 16 15
Volume $8,450,000.00 $31,841,600 $66,456,000 $18,215,000 $39,230,000 $39,762,000
Low SP $2,350,000.00 $1,020,000* $918,000* $1,200,000 $1,100,000 $1,200,000
High SP $3,650,000.00 $4,596,600 $5,000,000 $3,300,000 $4,995,000 $4,800,000
Median SP $2,700,000.00 $2,387,500 $2,300,000 $1,700,000 $2,147,500 $2,525,000
Average SP $2,816,667.00 $2,653,467 $2,461,333 $2,023,889 $2,451,875 $2,650,000
Average SP/Sq. Ft $1,832.00 $1,739 $1,595 $1,248 $1,560 $1,655
Average DOM 57 97 125 129 213 202
Average SP/LP 98.00% 96% 97% 92% 95% 94%

 

Kaanapali Plantation

Kaanapali Plantation condos for sale

Kaanapali Plantation Q2 2023 2022 2021 2020 2019 2018
Sales 1 9 11 4 3 5
Volume $1,375,000.00 $11,244,000 $8,570,250 $3,190,000 $2,039,000 $3,455,000
Low SP $1,375,000.00 $860,000 $448,000 $755,000 $629,000 $625,000
High SP $1,375,000.00 $1,500,000 $1,200,000 $870,000 $780,000 $765,000
Median SP $1,375,000.00 $1,325,000 $731,250 $782,500 $630,000 $675,000
Average SP $1,375,000.00 $1,249,333 $779,114 $797,500 $679,667 $691,000
Average SP/Sq. Ft $1,194.00 $979 $595 $558 $544 $573
Average DOM 77 60 129 127 $282 66
Average SP/LP 92% 97% 98% 95% 97% 99%

 

Kaanapali Royal

Kaanapali Royal condos for sale

Kaanapali Royal Q2 2023 2022 2021 2020 2019 2018
Sales 1 2 3 6 9 7
Volume $1,750,000 $2,455,000 $2,792,000 $4,372,500 $6,997,750 $5,462,200
Low SP $1,750,000 $1,160,000 $820,000 $350,000* $705,000 $710,000
High SP $1,750,000 $1,295,000 $1,100,000 $850,000 $864,750 $875,000
Median SP $1,750,000 $1,227,500 $872,000 $795,000 $765,000 $785,000
Average SP $1,750,000 $1,227,500 $930,667 $728,750 $777,528 $780,314
Average SP/Sq. Ft $1,010 $805 $571 $478 $504 $511
Average DOM 70 35 99 99 101 122
Average SP/LP 89% 108% 103% 97% 97% 99%
* Leasehold sales in 2017 and 2020          

 

Kaanapali Shores

Kaanapali Shores condos for sale

 

Kaanapali Shores Q2 2023 2022 2021 2020 2019 2018 2017
Sales 9 29 33 15 15 33 24
Volume $10,049,900 $26,657,500 $25,358,000 $9,727,381 $9,938,167 $18,452,900 $13,891,140
Low SP $650,000* $325,000* $318,000* $320,000* $365,000 $159,000* $200,000*
High SP $2,500,000 $2,360,000 $2,125,000 $950,000 $997,000 $1,780,000 $1,554,840
Median SP $950,000 $810,000 $700,000 $645,000 $557,500 $553,000 $520,000
Average SP $1,116,656 $919,224 $768,424 $635,159 $621,135 $559,179 $578,798
Average SP/Sq. Ft $1,252 $1,098 $931 $781 $830 $702 $708
Average DOM 126 91 145 142 117 165 167
Average SP/LP 97% 98% 98% 95% 97% 96% 96%
*There were leasehold sales every year.  Low is marked with the asterisk        

 

The Mahana at Kaanapali

The Mahana at Kaanapali condos for sale

Mahana Q2 2023 2022 2021 2020 2019 2018
Sales 6 21 12 5 9 11
Volume $9,357,500.00 $26,241,500 $14,372,400 $4,858,000 $8,302,000 $8,782,000
Low SP $1,175,000.00 $772,500 $725,000 $640,000 $625,000 $550,000
High SP $3,005,000.00 $2,300,000 $1,725,000 $1,650,000 $1,850,000 $990,000
Median SP $1,248,750.00 $1,160,000 $1,197,500 $880,000 $825,000 $825,000
Average SP $1,559,583.00 $1,249,595 $1,197,708 $971,600 $922,444 $798,364
Average SP/Sq. Ft $1,682.00 $1,591 $1,330 $1,314 $1,174 $1,135
Average DOM 130 78 253 161 140 77
Average SP/LP 98% 97% 97% 96% 98% 97%

 

Maui Eldorado

Maui Eldorado condos for sale

Maui Eldorado Q2 2023 2022 2021 2020 2019 2018
Sales 2 10 12 10 12 9
Volume $1,850,000.00 $7,011,000 $6,803,500 $4,302,500 $4,766,000 $3,044,012
Low SP $600,000.00 $415,000 $345,000 $240,000 $240,000 $210,000
High SP $1,250,000.00 $1,137,500 $965,000 $835,000 $835,000 $610,000
Median SP $925,000.00 $616,250 $460,750 $403,750 $332,500 $327,901
Average SP $925,000.00 $701,100 $566,958 $430,250 $397,167 $316,111
Average SP/Sq. Ft $746.53 $657 $559 $458 $458 $287
Average DOM 59.5 64 131 79 79 251
Average SP/LP 97.00% 101% 98% 96% 96% 91%

 

Maui Kaanapali Villas

Maui Kaanapali Villas condos for sale

 

Maui Kaanapali Villas Q2 2023 2022 2021 2020 2019 2018
Sales 0 6 15 10 5 12
Volume 0 $4,615,000 $9,598,900 $5,884,400 $3,695,000 $6,382,500
Low SP NA $400,000 $345,000 $432,500 $430,000 $285,000
High SP NA $1,100,000 $915,000 $799,000 $1,050,000 $1,797,000
Median SP NA $767,500 $625,000 $487,450 $760,000 $417,500
Average SP NA $769,167 $639,927 $588,440 $739,000 $531,875
Average SP/Sq. Ft NA $1,154 $985 $889 $932 $747
Average DOM NA 111 64 54 49 278
Average SP/LP NA 99% 98% 98% 100% 97%

 

Maui Kai

Maui Kai condos for sale

The Masters at Kaanapali Hillside

The Masters at Kaanapali Hillside condos for sale

 

Masters Q2 2023 2022 2021 2020 2019 2018
Sales 5 17 31 15 18 16
Volume $8,190,000.00 $25,371,000 $34,802,000 $13,586,500 $15,498,500 $17,310,000
Low SP $1,400,000.00 $900,000 $675,000 $575,000 $550,000 $540,000
High SP $1,990,000.00 $2,175,000 $1,929,000 $1,300,000 $1,400,000 $1,500,000
Median SP $1,500,000.00 $1,565,000 $1,107,000 $945,000 $852,000 $1,127,500
Average SP $1,638,000.00 $1,492,412 $1,122,645 $905,766 $861,028 $1,081,875
Average SP/Sq. Ft $1,074.00 $989 $796 $639 $660 $690
Average DOM 190 62 133 97 225 164
Average SP/LP 92.00% 100% 98% 95% 95% 93%

 

The Vintage at Kaanapali

The Vintage condos for sale

 

Vintage Q2 2023 2022 2021 2020 2019 2018
Sales 1 3 7 4 6 6
Volume $1,800,000 $5,190,000 $9,734,000 $4,573,000 $6,840,999 $6,445,000
Low SP $1,800,000 $1,200,000 $1,100,000 $950,000 $890,999 $801,000
High SP $1,800,000 $1,995,000 $1,620,000 $1,375,000 $1,425,000 $1,400,000
Median SP $1,800,000 $1,995,000 $1,360,000 $1,124,000 $1,125,000 $1,120,000
Average SP $1,800,000 $1,730,000 $1,390,571 $1,143,250 $1,140,167 $1,074,167
Average SP/Sq. Ft $890 $797 $693 $621 $610 $546
Average DOM 191 203 87 148 237 141
Average SP/LP 92% 97% 99% 96% 94% 95%

 

The Whaler at Kaanapali Beach

The Whaler at Kaanapali Beach condos for sale

Whaler Q2 2023 2022 2021* 2020 2019 2018
Sales 2 8 24 7 16 17
Volume $2,485,000 $14,931,500 $29,712,000 $7,480,000 $19,000,000 $19,765,000
Low SP $1,085,000 $1,080,000 $500,000 $795,000 $750,000 $620,000
High SP $1,400,000 $3,970,000 $3,650,000 $1,250,000 $2,750,000 $2,150,000
Median SP $1,242,500 $1,575,000 $945,500 $1,100,000 $945,000 $1,100,000
Average SP $1,242,500 $1,866,438 $1,238,000 $1,068,571 $1,187,500 $1,162,647
Average SP/Sq. Ft $2,292 $1,959 $1,524 $1,266 $1,380 $1,318
Average DOM $36 85 116 150 173 165
Average SP/LP 108% 98% 98% 91% 95% 94%
*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

127 Properties Found. Page 9 of 11

Hokulani 422 Welcome To Your Dream Oasis! This ...

Photo of Listing #405124

$1,698,000 Active Fee Simple

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

Residential

130 Kai Malina Pkwy Sr 422, Kaanapali, HI

MLS® #405124

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

Hokulani 422 Welcome To Your Dream Oasis! This Exquisite Two-bedroom, Two-bathroom Condominium Unit Boasts Breathtaking Mountain Views And An Expansive Lanai That Fills The Space With Natural Light Through Extra Side Windows. The Open-concept Living Area Fe...

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K540, A Rarely Offered Floorplan Is Now For Sal...

Photo of Listing #404997

$1,600,000 Active Fee Simple

  • 2 Beds
  • 1 Baths
  • 34.82 Acres
  • 915 ft²

Residential

130 Kai Malina Pkwy Nr540, Kaanapali, HI

MLS® #404997

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

K540, A Rarely Offered Floorplan Is Now For Sale! This One Bedroom Plus Den (converted Into 2nd Bedroom) Layout Offers Comfort "+" To Its Owners As Well As Being A Super Vacation Rental Investment. You Will Enjoy Ocean Views While Listening To Birds Chir...

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Kaanapali Shores 231 - Welcome To This Charming...

Photo of Listing #404995

$699,000 Active Fee Simple

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

Residential

3445 Lower Honoapiilani Rd 231, Kaanapali, HI

MLS® #404995

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

Kaanapali Shores 231 - Welcome To This Charming One-bedroom, One-bath Condominium Located On The Second 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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A Spectacular Opportunity To Own At The World F...

Photo of Listing #404965

$2,650,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,313 ft²

Residential

50 Nohea Kai Dr 4-603, Kaanapali, HI

MLS® #404965

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

A Spectacular Opportunity To Own At The World Famous Kaanapali Beach Resort In A Stunning Unit At The Kaanapali Alii Offering Mesmerizing Mountain Views And A Peek-a-boo Of The Ocean. Picture Perfect Spot On The Lanai To Enjoy Morning Coffee As The Sun Rise...

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Stunning Ocean, Outer Island, And Sunset Views ...

REDUCED 3% Photo of Listing #404726

$1,795,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,728 ft²

Residential

50 Puu Anoano St 2902, Kaanapali, HI

MLS® #404726

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

Stunning Ocean, Outer Island, And Sunset Views Await You In This Fully Remodeled, Fully Furnished, Upper Corner Unit, Situated On The 9th Fairway Of The Royal Ka’anapali Golf Course. The Entry On The Ground Floor Welcomes You Into A Lovely Foyer, With Plent...

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Also Listed Under Residential As Mls #406375.di...

Photo of Listing #404724

$1,795,000 Active Fee Simple

  • 3 Beds
  • 2½ Baths
  • 16.85 Acres
  • 2,184 ft²

Residential

151 Kualapa Pl 51, Kaanapali, HI

MLS® #404724

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-7736

Also Listed Under Residential As Mls #406375.discover A Prime Opportunity At The Vintage At Kaanapali—an Exquisite Free-standing Residential Condominium Featuring Breathtaking Ocean Views And Golf Course Location. This Pet-friendly Gated Community Offers A ...

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Experience The Perfect Blend Of Luxury, Comfort...

Photo of Listing #404695

$2,545,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 39.84 Acres
  • 1,240 ft²

Residential

130 Kai Malina Pkwy Sr836, Kaanapali, HI

MLS® #404695

Listed By: Maui Westside Properties

Experience The Perfect Blend Of Luxury, Comfort, And Investment Potential At Hokulani 836, A Premier 2-bedroom, 2-bath, 1,240 Sq. Ft. Corner Unit In The Renowned Honua Kai Resort In Maui, Hawaii. Perched On The 8th Floor, This Condo Features An Oversized La...

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This Free-standing Condominium Home Is A Very U...

REDUCED 5% Photo of Listing #404702

$1,999,999 Pending Fee Simple

  • 4 Beds
  • 3 Baths
  • 17 Acres
  • 2,330 ft²

Residential

105 Kualapa Pl 105, Kaanapali, HI

MLS® #404702

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-264-3337

This Free-standing Condominium Home Is A Very Unique 4 Bedroom "d" Model With 2 Master Suites. One Upstairs And 0ne Downstairs. There Are Only 8 Of These Floor Plans Within The Property. Main Living, Kitchen, Master Suite And Guest Bedroom Are On The Groun...

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Enjoy The Fun And Excitement Of The Ka'anapali ...

Photo of Listing #404649

$3,495,000 Pending Fee Simple

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

Residential

50 Nohea Kai Dr Iii-704, Kaanapali, HI

MLS® #404649

Listed By: Gregory Harbottle Inc

Enjoy The Fun And Excitement Of The Ka'anapali Beach Resort While Owning This Beautiful Residence In The Luxurious Ka'anapali Alii Condominiums. Now Available For Your Personal Ownership, Unit 3-704 At The Kana'anapali Alii Has A Highly Sought-after Floor P...

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Views Views Views! Rarely Does One Of The Best ...

Photo of Listing #404645

$2,980,000 Active Fee Simple

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

Residential

110 Kaanapali Shores Pl 1019, Kaanapali, HI

MLS® #404645

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-344-2677

Views Views Views! Rarely Does One Of The Best Beach Front Properties Become Available…until Now! Located On The Tenth Floor Of The Lanai Building (aka South Building), Mahana 1019 Is A Corner-coastline, Direct Beachfront 2-bedroom And 2-bathroom Condominiu...

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Kaanapali Shores 434- Welcome To The Beautiful ...

Photo of Listing #404615

$299,000 Active Leasehold

  • 1 Baths
  • 10.1 Acres
  • 507 ft²

Residential

3445 Lower Honoapiilani Rd 434, Kaanapali, HI

MLS® #404615

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

Kaanapali Shores 434- Welcome To The Beautiful Kaanapali Shores Beach Front Resort! Hotel Zoned Property Per County Records. This Leasehold Studio Suite Offers A Partial Ocean View, Providing You With Ambiance Of The Stunning Pacific Waters Right From The C...

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Mahana 1203 - Welcome To Your Penthouse Dream B...

Photo of Listing #404598

$809,000 Active Fee Simple

  • 1 Baths
  • 5.01 Acres
  • 456 ft²

Residential

110 Kaanapali Shores Pl 1203, Kaanapali, HI

MLS® #404598

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

Mahana 1203 - Welcome To Your Penthouse Dream Beachfront Sanctuary, Perched On The Top Floor With Mesmerizing Direct Oceanfront Views Of Lanai And Molokai. Relax On Your Private Balcony As You Watch Majestic Whales And Turtles Swim By And Indulge In Spectac...

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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 7/28/23.  The MLS data charts were changed from a rolling 12 months to a rolling 6 months of data.

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

 

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