Kapalua Residential Update: November 1, 2022

Posted by Courtney M. Brown on Tuesday, November 1st, 2022 at 5:35pm.

Kapalua Resort, Maui: residential market update

Pineapple Hill Kapalua Home for SaleFeatured: 222 Crestview, a home for sale in Pineapple Hill, is listed by Courtney M. Brown

Kapalua Homes for Sale: Active and Pending Listings

Kapalua is comprised of several distinct communities, yet all flow together due to strong architectural and design guidelines: Pineapple Hill & Pineapple Hill Estates, Mahana Estates, Honolua Ridge, Plantation Estates Phases I and II, and Kapalua Place.  There are also three homes on oceanfront points within the Resort that aren't a part of a formal subdivision.

At the time of this post, there are just seven active listings and no pending sales.

Kapalua Homes for Sale:

Kapalua Homes for Sale 11.22

Homes for sale in Kapalua range from $4,250,0000 to $41,900,000.  They include four homes in Pineapple Hill & Pineapple Hill Estates, two in Plantation Estates and 9 Bay Drive, which is situated on an oceanfront peninsula overlooking Namalu Bay and neighbors the Montage Residences at Kapalua Bay.   

Kapalua Resort Home Sales YTD 2022 vs. Prior Years

Kapalua Home Sales

In 2022, we are seeing a trend toward longer days on market and a higher sales price/sq. ft.  That said when looking at the sales statistics, it's important to note some differences.

Summary of Homes Sold in 2022

Kapalua Home Sales 2022

The average sales price to list price is 97%.  There have been some sales at 100% of asking or above.  For example, newly constructed homes at Mahana Estates and two turn-key homes in Pineapple Hill and Pineapple Hill Estates.  There have also been homes to sell below asking, which tend to be older homes in Pineapple Hill and Plantation Estates, where some updates may be needed or desired, sold at 89-92% of asking. 

Note these figures do not include homes or land that aren't part of the Kapalua Resort Association

Kapalua's Residential Communities

PINEAPPLE HILL & PINEAPPLE HILL ESTATES

The four home listings in Pineapple Hill range from $4,250,000 to $6,495,000.  There have been seven home sales in Pineapple Hill that have ranged from $2,750,000 to $7,900,000.

There are three lot listings ranging from $1,075,000 to $1,895,000.  There have been five lot sales ranging from $879,000 to $1,500,000.

View Pineapple Hill & Pineapple Hill Estates Homes for Sale

View Pineapple Hill & Pineapple Hill Estates Land for Sale

PLANTATION ESTATES AT KAPALUA

There are two homes listed at $12,300,000 and $24,900,000.  There have been four sales this year, ranging from $5,425,000 to $7,500,000.

There are two lots listed at $1,795,000 and $2,250,000.  There have been three sales this year, ranging from $845,000 to $3,700,000 for a lot along the 18th fairway.

View Plantation Estates Homes for Sale

View Plantation Estates Land for Sale

HONOLUA RIDGE

In Honolua Ridge, there are no active home listings and there has been one home to sell at $5,300,000.

There is one lot listed at $2,950,000 and there have been six lot sales ranging from $1,163,000 to $2,795,000.

View Honolua Ridge Homes for Sale

View Honolua Ridge Land for Sale

MAHANA ESTATES

There are no active home listings at this time.  There have been two sales ranging from $4,750,000 to $4,800,000.

There are two lots listed at $1,895,000 and at $2,300,000.  There have been four lot sales ranging from $1,200,000 to $1,945,000.

View Mahana Estates Homes for Sale

View Mahana Estates Land for Sale

There are no active lot listings in Mahana Estates at the time of this post.

KAPALUA PLACE & OCEANFRONT HOMES

There is just one oceanfront home for sale in the Resort: 9 Bay Drive at $41,900,000.

There is just one remaining oceanfront lot in Kapalua, which sold in 2020 for $8,000,000 and $108/sq. ft.  It will likely soon be developed.

Prepared on 11.1.2022. Sales Data 1.1.2022 through 11.1.2022

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

70 Properties Found. Page 7 of 12

Actual Apartment Numbers Are 1126-1128. Ground...

Photo of Listing #403903

$3,250,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 28.35 Acres
  • 1,398 ft²

Residential

1 Ritz Carlton Dr, Unit 1126-1128, Kapalua, HI

MLS® #403903

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-870-7060

Actual Apartment Numbers Are 1126-1128. Ground Floor Ocean Front Location For This Beautifully Appointed Ritz Carlton Kapalua 2 Bedroom, 2 Bath Luxury Suite. Conveniently Close To The Award Winning Pools And Water Features Of The Ritz Carlton And Also Ver...

Your Dream Home Awaits You In The Majestic Kapa...

Photo of Listing #403828

$2,490,000 Active Fee Simple

  • 3 Beds
  • 2 Baths
  • 15.84 Acres
  • 1,661 ft²

Residential

500 Kapalua Dr, Unit 25t3, Kapalua, HI

MLS® #403828

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

Your Dream Home Awaits You In The Majestic Kapalua Resort Area At Kapalua Golf Villas. Unit 25t3 Is The First 3 Bedroom Unit To Come Available In Several Years. The Peaceful Setting And Spacious Floor Plan Is A Perfect Gathering Place For Your Friends And F...

Upon Entering This Magnificent 3,315 Sq. Ft. Ho...

Photo of Listing #403822

$5,850,000 Active Fee Simple

  • 4 Beds
  • Baths
  • 0.23 Acres
  • 3,315 ft²

Residential

104 Woodrose Pl, Kapalua, HI

MLS® #403822

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-283-5166

Upon Entering This Magnificent 3,315 Sq. Ft. Home You Will Be Mesmerized By Its Spectacular Panoramic Due West Views Of The Pacific Ocean Between Lana'i And Moloka'i Offering Colorful Year-round Sunsets. A Remodeled Masterpiece Featuring Vaulted Cedar Ceil...

This Is A Hotel Zoned Turnkey Opportunity At Th...

REDUCED 15% Photo of Listing #403635

$4,250,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,789 ft²

Residential

1 Bay Dr, Unit 6302, Kapalua, HI

MLS® #403635

Listed By: Compass
Office Contact: Cell: 808-385-0882

This Is A Hotel Zoned Turnkey Opportunity At The Magnificent 5-star Resort, 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 Resor...

Rare, Turnkey 5th Floor Elevation Hotel Residen...

Photo of Listing #403602

$4,670,000 Active Fee Simple

  • 3 Beds
  • Baths
  • 21 Acres
  • 2,087 ft²

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...

Top Of The World In The Famous Kapalua Resort A...

Photo of Listing #403622

$16,900,000 Active Fee Simple

  • 5 Beds
  • 5 Baths
  • 6.67 Acres
  • 4,631 ft²

Residential

222 Keoawa St, Unit 17, Kapalua, HI

MLS® #403622

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-385-2918

Top Of The World In The Famous Kapalua Resort At Honolua Ridge Ii. This Gorgeous One Level Custom Home Has Unobstructed Views Go The Ocean, Molokai And Lanai. The Year Round Sunsets Are Breathtaking. This Gorgeous Home Is A Quiet, Private Sanctuary. Every D...

Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS.  Interested parties are advised to do their own due diligence and confirm all figures contained herein.

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

 

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