Market Spotlight: Honua Kai May, 2022

The Honua Kai is Kaanapali's newest condominium development and one of the most desirable vacation destinations in West Maui. Built in three phases along Kekaa Beach on the North Side of Black Rock, the Honua Kai is comprised of three separate sections: Hokulani (2008), Konea (2009) and Luana Gardens (2018).
The Hokulani and Konea towers feature 627 studio, one, two and three-bedroom condominium residences. The 10 story buildings have central air conditioning, elevators and underground parking. The new addition of Luana Gardens weaves in a more contemporary residential component, with 72 three-bedroom residences. These low rise, two-story buildings feature private garages in three clusters, each around one of three pools.
Guests at Honua Kai have access to adult and family pools, hot tubs, BBQ Grills, Bar and Lounge, fitness center, the Aina Gourmet Market, elevators, valet and self-parking, concierge, porter/bellhop, Ho'ola Spa and Duke's Restaurant (this is a great place to whale watch as you take in the sunset).
Honua Kai: The State of the Current Market
ACTIVE LISTINGS |
7 |
Volume |
$19,293,000 |
Low LP |
$1,650,000 |
High LP |
$5,725,000 |
Average LP |
$2,756,142 |
Average LP/Sq. Ft. |
$2,432 |
Average DOM |
48 |
|
|
PENDING SALES |
8 |
Volume |
$20,355,000 |
Low LP |
$1,495,000 |
High LP |
$5,000,000 |
Average LP |
$2,544,375 |
Average LP/Sq. Ft. |
$2,426 |
Average DOM |
88 |


As of the date of this post, the Honua Kai has seen 21 sales at a volume of $58,293,875 and an average sales price of $2,775,889 and $2,035/sq. ft. This is close to half of the sales volume ($) of last year in about 1/3 of the number sales at a significantly higher sales price per square foot.
Honua Kai Sales: A Historical Perspective
Honua Kai |
Q1 2022 |
2021 |
2020 |
2019 |
2018 |
2017 |
Sales |
15 |
63 |
72 |
57 |
40 |
26 |
Volume |
$43,999,875 |
$121,182,648 |
$137,972,250 |
$91,809,500 |
$64,235,287 |
$48,909,944 |
Low SP |
$1,675,000 |
$807,500 |
$735,000 |
$774,000 |
$695,000 |
$675,000 |
High SP |
$5,899,000 |
$5,400,000 |
$3,199,000 |
$3,300,000 |
$5,725,000 |
$3,775,000 |
Average SP |
$2,933,325 |
$1,923,534 |
$1,916,281 |
$1,610,693 |
$1,605,882 |
$1,438,528 |
Average SP/Sq. Ft |
$2,025 |
$1,498 |
$1,139 |
$1,190 |
$1,357 |
$1,286 |
Average DOM |
84 |
137 |
404 |
318 |
117 |
126 |
AVG SP/LP |
98% |
98% |
98% |
98% |
98% |
97% |
For more information on the Honua Kai condos for sale, contact Courtney M Brown, R(S) with Island Sotheby's International Realty
$2,990,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
39.84
Acres
-
1,100
ft²
Residential
130 Kai Malina Pkwy, Unit Sr547, Kaanapali, HI
MLS® #404372
Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-2525
Hokulani 547 Welcome To Your Dream Beachfront Luxury Condominium! Hotel Zoned Property Per County Records. This Stunning 2b/2b Unit Offers An Unparalleled Living Experience In One Of The Most Sought-after Locations In Kaanapali. The Interior Features Plush ...
$1,195,888 Active Fee Simple
-
1
Beds
-
1
Baths
-
39.84
Acres
-
690
ft²
Residential
130 Kai Malina Pkwy, Unit Nr 238, Kaanapali, HI
MLS® #404223
Listed By: Kaanapali Luxury Vacation Rentals
Hotel Zoned*lowest Priced Condo At The Resort. This One-bedroom, One-bath Condo Located In The Hotel Zone At Honua Kai Resort Offers A Prime Opportunity For Those Seeking A Vacation Rental Property With Excellent Amenities And A Great Location. Positioned O...
REDUCED 5%
$1,795,000 Pending Fee Simple
-
2
Beds
-
2
Baths
-
39.84
Acres
-
1,080
ft²
Residential
130 Kai Malina Pkwy, Unit Nr832, Kaanapali, HI
MLS® #404227
Listed By: Coldwell Banker Island Prop-Ku
Office Contact: 808-281-8083
Luxury Living At Its Finest, Experience Honua Kai Resort And Spa. World Class Amenities Include, 3 Swimming Pools, 5 Hot Tubs, State Of The Art Fitness Center Valet And Underground Parking. Multiple Poolside Bbq’s, Dukes Beach House, Whalers General Store A...
REDUCED 4%
$1,750,000 Active Fee Simple
-
2
Beds
-
1
Baths
-
34.82
Acres
-
915
ft²
Residential
130 Kai Malina Pkwy, Unit Nr312, Kaanapali, HI
MLS® #404231
Listed By: Maui Westside Properties
Beautifully Renovated 915 Square Foot Unit With Upgraded Designer Furnishings, Porcelain Tile Flooring And A Queen Bed In The Private Den With West Maui Mountain And Waterfall Views! Great Location Only Steps To The Elevator For Easy Access To The 3 Pool...
REDUCED 7%
$1,859,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
34.82
Acres
-
1,080
ft²
Residential
130 Kai Malina Pkwy, Unit Nr332, Kaanapali, HI
MLS® #404111
Listed By: Island Sotheby's Int'l Rlty(W)
Office Contact: Cell: 808-283-7965
Look No Further For Your Island Paradise Than This Exceptional Two-bedroom, Two-bath Property, Priced Under $2 Million. Experience The Ultimate In Luxury Living With 1,080 Square Feet Of Thoughtfully Designed Space, Hotel-zoned To Continue As A Successful S...
REDUCED 9%
$2,399,000 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...
$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...
$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...
REDUCED 9%
$4,200,000 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...
REDUCED 3%
$3,400,000 Active Fee Simple
-
2
Beds
-
2
Baths
-
39.84
Acres
-
1,300
ft²
Residential
130 Kai Malina Pkwy, Unit Sr409, Kaanapali, HI
MLS® #403104
Listed By: Susan Jackson Real Estate
Office Contact: Cell: 865-206-1234
A Very Rare Opportunity To Own One Of The Most Desirable Homes At Honua Kai Is Now Available To You. Hokulani 409 Offers The Highly Coveted L-shaped Double Lanai, Allowing You The Choice Between Sun And Shade All At The Same Time. The “09” Stack Is The Clo...
REDUCED 7%
$1,375,000 Active Fee Simple
-
1
Beds
-
1
Baths
-
39.84
Acres
-
700
ft²
Residential
130 Kai Malina Pkwy, Unit Sr714, Kaanapali, HI
MLS® #402989
Listed By: Susan Jackson Real Estate
Office Contact: Cell: 865-206-1234
Take Advantage Of The Rare Opportunity To Own A Full Sized One-bedroom Home At Honua Kai Which Boasts Majestic Mountain, Resort And Ocean Views. Situated On The Southern Side Of The Hokulani Tower, This Home Has It All! Meticulously Cared For, 714 Offers ...
REDUCED 4%
$1,150,000 Active Fee Simple
-
1
Beds
-
1
Baths
-
34.82
Acres
-
615
ft²
Residential
130 Kai Malina Pkwy, Unit Nr230, Kaanapali, HI
MLS® #402184
Listed By: Susan Jackson Real Estate
Office Contact: Cell: 865-206-1234
Take Advantage Of The Rare Opportunity To Own A One-bedroom Home At Honua Kai. Konea 230, Located On The Eastern Side Of The Konea Tower, Offers Upgraded Wood Look Flooring Throughout The Home. Sit On Your Supersized Lanai While Sipping On Your Morning Cof...