KAPALUA RESORT CONDO SALES: 

KAPALUA VILLAS & THE LUXURY CONDOMINIUM SECTOR

Comparing the YTD sales in the various Kapalua condominium communities, we are seeing increases in some areas and not in others. I have broken the graphs below into two segments: the Kapalua Villas (Bay, Ridge and Golf) and the Luxury Condominium Segment (Montage Residences, Kapalua Bay, Coconut Grove, Ironwoods and the Ritz-Carlton Residences).

KAPALUA RESORT CONDOMINIUM SALES: Key Metrics
CONDO SALES: January 1-July 31, 2017 vs. January 1- July 31, 2016

Kapalua Condominium Sales: Market Spotlight on Coconut Grove Kapalua Bay and Montage Residences Kapalua Bay

For prospective buyers of luxury oceanfront condominium residences in Kapalua, the Coconut Grove Kapalua Bay and Montage Residences Kapalua Bay are often compared and considered for the similarity of size and their location overlooking Maui's much loved Kapalua Bay.  While both offer three bedroom and three bedroom plus den floor plans and are in similar price ranges, there are some very important differences:

The Champagne Hale: Summer Pops Up at Kapalua's Cliff House

THE MONTAGE, KAPALUA BAY, KAPALUA, MAUI, HAWAII

If you find yourself in Kapalua this summer, one of the most special and iconic spots, the Cliff House, is transformed into an exclusive pop-up bar and lounge.  

The Cliff House has long been one of my favorite spots on all of Maui, having first spent time at the historic site with my father prior to the hotel being built.  

Now, Montage Kapalua Bay is partnering with Veuve Cliquot Champagnes and Chef David Viviano for a one of a kind experience.  There's no better place to watch the sunset, all the while enjoying tasty pupus including oysters, poke, local surfing goat cheese, and bubbles...lots and lots of bubbles.

When: June 29

The Montage Residences, Kapalua Bay: Sales History and Real Estate Market Update

Since sales began at the newly branded Montage Residences, Kapalua Bay in 2014, the property has undergone a tremendous boost in sales with a 139% increase in sales volume ($) with 7% fewer sales.

The View from Montage Residences, Kapalua Bay 1205

Montage Residences, Kapalua Bay: Current Market Snapshot

Active Listings: 7
Price Range: $3,495,000 to $7,750,000
Pending Sales: 3
Price Range: $4,500,000 to $4,900,000
Sales Volume Prior to Rebrand: 28 sales totaling $53,747,552
Sales Volume Since Rebrand: 26 sales totaling $128,555,000

Sales initially began in 2009 while the property was branded the Ritz-Carlton Residences, Kapalua Bay.  This was just after our

The Montage Residences, Kapalua Bay: finding paradise

The Montage Residences Kapalua Bay is situated on one of my favorite spots on all of Maui, the iconic Kapalua Bay.

Montage Residences, Kapalua Bay 1205: this luxurious residence enjoys a beachfront location with a private yard overlooking Kapalua Bay

When considering a purchase, many prospective purchasers find that the Montage Residences offer far more than other properties in similar price ranges in Wailea, Makena and the high end resorts of the Big Island.  

Here is a lovely feature by the San Francisco Chronicle on why my clients chose the Montage Residences Kapalua Bay, and a brief testimonial about their experience of buying here on Maui.

"Courtney's the best agent we've ever

The Montage Residences Kapalua Bay | Market Update

The Montage Residences Kapalua Bay 

The Montage Kapalua Bay is situated on over twenty oceanfront acres overlooking one of Maui's most iconic beaches, Kapalua Bay.  Formerly the site of the Kapalua Bay Hotel, this incredible property was completed in 2009, offering some of the largest condominium residences in West Maui, ranging from three to four bedrooms, and 2791 to 4055 sq. ft.  

Montage Residences Kapalua Bay whole ownership residences are located in buildings 1, 2, 5 and 6, with fractional 1/12th ownership residences located in buildings 3 and 4.

Featured Listings: Spotlight on Residences 1205 and 5202

Montage 1205: a private garden overlooking Kapalua Bay

Montage Residences

The trend in architecture here on Maui for the past few years has been to create living spaces that open to embrace the outdoors--whether it be pocketing doors to open to spacious lanais, outdoor kitchens, or garden showers.

As featured in Island Sotheby's International Realty's article, The Best of Maui Indoor Outdoor Living, two of our listings are showcased for their seamless integration of tropical gardens, tropical breezes, and magnificent views into the living spaces.

199 Plantation Club Drive in the Plantation Estates features pocketing sliding glass doors in the dining and living rooms, giving way to a spacious lanai and an infinity edged pool.  The outdoor kitchen is a grill-master's delight.  Ideal for entertaining, the lanai offers

The Montage Residences Kapalua Bay

Since opening to the public in 2014, the Montage Kapalua Bay Hotel and Residences has been gathering some of the hospitality industry's most coveted awards and accolades.  In 2016 it was awarded 5-stars by Forbes, and named the #1 Best Resort Hotels in Hawaii and #4 Best Hotels in the World by Travel and Leisure.  The Spa Montage (Conde Nasté Reader's Choice Awards, 2015 20 Best Spas) and its flagship restaurant, Cane & Canoe (Maui No Ka Oi Magazine, Best Innovative Menu, 2016 and Best New Restaurant, 2015) have also been recognized.

With a focus on five star service and amenities, and its incredible setting, it's no surprise the private residences are also proving to be very desirable purchases, setting record

Kapalua Real Estate: Mid-Year Market Spotlight 2016 Q1-2

The Kapalua Resort offers many options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment as of this posting with sales statistics through June 30, 2016:

Kapalua Homes:

Active Listings: 25 (up 3 from the first quarter)
Price Range: $2,350,000 to $17,600,000
Average List Price: $4,825,364
Size Range: 3,390 sq. ft. to 8,179 sq. ft.

Pending Sales: 3
Price Range: $5,200,000 to $13,200,000
Average Listing Price: $8,133,333

Sales Through 2016 Q2: 9
Price Range: $2,150,000 to $6,470,000
Average Sales Price: $3,376,666

Sales Through 2016 Q2: 8
Average Sales

Kapalua Real Estate: Market Spotlight 2016 Q-1

The Kapalua Resort offers many options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment as of this posting:

Kapalua Homes:

Active Listings: 22
Price Range: $2,495,000 to $20,880,000
Average List Price: $6,53,790
Size Range: 3,522 sq. ft. to 12,072 sq. ft.

Pending Sales: 4
Price Range: $2,495,000 to $6,500,000
Average Listing Price: $3,621,250

Sales YTD: 5
Price Range: $2,150,000 to $4,950,000
Average Sales Price: $3,370,000

Sales 2015 YTD: 1
Price: 3,196,000

Commentary: There are five primary residential areas in Kapalua: Pineapple Hill and Pineapple Hill Estates,