Market Spotlight: Pineapple Hill, Kapalua | November, 2021
Posted
by Courtney M. Brown
on Thursday, November 11th, 2021 at 5:40pm.
Pineapple Hill, Kapalua, Maui: Market Update, November 2021
About Pineapple Hill:
Pineapple Hill is one of the resort's most popular residential communities, with a coveted location in the heart of the Kapalua Resort. Originally developed as 99 homesites, the first phase is comprised of homes on lots of approximately a quarter acre, although there are six larger homes built on two or three contiguous lots. There are currently 85 homes and 7 undeveloped lots in Phase 1.
In 2001, 31 homesites in Pineapple Hill Estates were annexed into the development. Known as Phase 2, this seciton of Pineapple Hill is comprised of lots approximately a half an acre in size. There are 27 homes and 4 undeveloped lots in Phase 2.
Pineapple Hill and Pineapple Hill Estates owners enjoy access to a community pool, tennis and pickleball courts, and beautifully landscaped grounds. The two phases are gated and there is an onsite manager.
Pineapple Hill Market Overview: Where are we now, and how has the market changed?
Home inventory in Pineapple Hill and Pineapple Hill Estates continues to be very low with just three homes actively listed for sale, all in Pineapple Hill Phase I. One is situated on single lots, listed at $2,795,000. There are two homes, each on a double lot listed at $7,900,000 and $7,950,000. There is one home pending at a list price of $2,999,000. View Pineapple Hill Homes for Sale
There are just two vacant lot listings, both of which are in Phase I. One listed at $879,000 to $1,090,000. There is one pending sale in MLS, a Pineapple Hill Estates (Phase II) lot listed at $1,200,000. With so few lots remaining and low listing inventory the sales history on lots is far more sparse, with only one sale in 2020 and one so far in 2021.
PINEAPPLE HILL HOMES
Pineapple Hill & Pineapple Hill Home Sales Year to Date
Status
Address
List Price
Sold Price
Closing Date
Bds
Bths
Liv A SF
Land Acres
Days On Market
Price Per SQFT
Year Built House
MLS #
SLD
708 Fairway Dr
$2,825,000
$2,700,000
1/5/21
3
3.5
3,238
0.20
22
$834
1988
389627
SLD
1214 Summer Rd
$2,950,000
$2,700,000
1/25/21
3
3.5
3,598
0.26
182
$750
1994
387922
SLD
114 WOODROSE Pl
$2,330,000
$2,062,500
2/25/21
3
4
3,560
0.35
288
$579
1997
387021
SLD
508 Pacific Dr
$2,850,000
$2,550,000
2/26/21
4
4.5
4,105
0.21
141
$621
1999
388871
SLD
1212 Summer Rd
$5,900,000
$4,850,000
3/31/21
8
8.5
8,174
0.79
299
$593
2000
387279
SLD
1202 Summer Rd
$3,750,000
$3,700,000
4/9/21
3
3
3,586
0.30
71
$1,032
2003
390126
SLD
310 Cook Pine Dr
$2,500,000
$2,460,000
4/23/21
3
3.5
3,626
0.24
54
$678
1998
391230
SLD
504 Pacific Dr
$2,495,000
$2,395,000
5/11/21
3
3
2,877
0.24
172
$832
1988
389363
SLD
708 FAIRWAY Dr
$2,925,000
$2,925,000
5/25/21
3
3.5
3,238
0.20
0
$903
1988
391650
SLD
710 Fairway Dr
$2,698,000
$2,750,000
6/17/21
3
3.5
3,666
0.20
87
$750
1990
390828
SLD
112 PULELEHUA St
$3,450,000
$3,350,000
7/6/21
3
2.5
4,504
0.47
563
$744
2002
385476
SLD
618 Silversword Dr
$3,995,000
$3,995,000
7/28/21
3
4
4,071
0.24
47
$981
1998
391842
SLD
102 Woodrose Pl
$2,600,000
$2,525,000
8/3/21
3
3.5
3,812
0.26
130
$662
1988
390902
SLD
330 Cook Pine Dr
$4,995,000
$4,500,000
11/5/21
4
4.5
4,723
0.49
140
$953
1990
392014
Pineapple Hill Home Sales: YTD 2021 vs. YTD 2020
Pineapple Hill Home Sales Through 11.11.21
2021 YTD
2020 YTD
Change
Numer of Sales
14
5
+180%
Average Sales Price
$3,104,464
$2,439,200
+27%
Average Sales Price/Sq. ft.
$780
$628
+24%
Average DOM
156
181
-13%
Pineapple Hill Home Sales: A Five Year Perspective
Pineapple Hill Homes
2021 YTD
2020
2019
2018
2017
Numer of Sales
14
10
15
4
6
Average Sales Price
$3,104,464
$2,718,700
$2,388,935
$2,387,500
$2,524,167
Average Sales Price/Sq. ft.
$780
$696
$692
$588
$680
Average DOM
156
137
262
325
219
Homes in Pineapple Hill are very desirable, as evidenced by low inventory and homes spending less time on the market.
Once the quarantine requirements were lifted in October 2020, we began to see more sales and sales volume, average sales price, and sales price/sq. ft., increased dramatically in 2021. It is not surprising there are fewer sales in 2020 as travel restrictions were in place for the better part of six months. Only two sales occurred during the travel restrictions, and half of the year's sales occurred after the state implemented its pre-travel testing program.
PINEAPPLE HILL VACANT LOT SALES: A TEN YEAR HISTORY
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...
Nestled In The Prestigious Pineapple Hill Community Of Kapalua, This Stunning 3-bedroom, 3.5-bath Residence Offers An Unparalleled Blend Of Luxury, Comfort, And Breathtaking Natural Beauty. The Primary Bedroom Encompasses The Entire Second Floor. This Expan...
Listed By: Keller Williams Realty Maui-L Office Contact: Cell: 808-870-7736
With Construction Completion In October 2024, 306 Cook Pine Drive Will Be The First Brand-new Home For Sale In Pineapple Hill In Over 12 Years. This Spacious, 4,150 Sf Cutting-edge Home Has 4-bedrooms, 4.5 Baths + Office And Family Room Home, Has An Upstair...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-250-1583
Built On A Secluded Double Lot At The End Of A Private Cul-de-sac In Kapalua Resort's Pineapple Hill Gated Community, Is The Prestigious Residence Known As Emerald Point. With More Than 7,000 Square Feet Of Living Space, Complemented With Spacious Covered O...
