Once in a Blue Moon: A Rare Offering at Napili Kai
Posted by Courtney M. Brown on Saturday, December 2nd, 2023 at 1:13pm.
Once in a Blue Moon: Introducing Napili Kai | Puna 211
The Napili Kai has been one of Maui's most loved resorts since its inception in the 1960's. Comprised of three separate condominiums (Puna Point, Puna Point II and Napili Lani), these residences are highly desirable and seldom come to market. Napili Kai is known for its low-key charm and incredible location on the beautiful bay at Napili.
This property was listed and received an accepted offer in just eight days.
How have Napili Bay Condo Sales been?
Market Update and Sales Overview for 2018-Present for condominium properties located on the coast.
Hale Napili Condos for Sale
| Hale Napili | Q3 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 0 | 2 | 1 | 0 | 1 | 0 |
| Volume | 0 | $1,250,000 | $394,000 | 0 | $335,000 | 0 |
| Low SP | NA | $390,000 | $394,000 | NA | $335,000 | NA |
| High SP | NA | $860,000 | $394,000 | NA | $335,000 | NA |
| Median SP | NA | $625,000 | $394,000 | NA | $335,000 | NA |
| Average SP | NA | $625,000 | $394,000 | NA | $335,000 | NA |
| Average SP/Sq. Ft | NA | $1,400 | $934 | NA | $794 | NA |
| Average DOM | NA | 87 | 313 | NA | 67 | NA |
| Average SP/LP | NA | 93% | 100% | NA | 103% | NA |
Honokeana Cove Condos for Sale
| Honokeana Cove | Q3 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 2 | 0 | 1 | 1 | 0 | 1 |
| Volume | $2,105,000 | 0 | $840,000 | $840,000 | 0 | $790,000 |
| Low SP | $1,030,000 | NA | $840,000 | $840,000 | NA | $790,000 |
| High SP | $1,075,000 | NA | $840,000 | $840,000 | NA | $790,000 |
| Median SP | $1,052,500 | NA | $840,000 | $840,000 | NA | $790,000 |
| Average SP | $1,052,500 | NA | $840,000 | $840,000 | NA | $790,000 |
| Average SP/Sq. Ft | $2,036 | NA | $1,625 | $1,059 | NA | $1,528 |
| Average DOM | 61 | NA | 25 | 606 | NA | 497 |
| Average SP/LP | 107% | NA | 100% | 96% | NA | 99% |
Napili Bay Condos for Sale
| Napili Bay | Q3 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 1 | 4 | 2 | 1 | 2 | 1 |
| Volume | $885,000 | $2,424,000 | $1,086,247 | $685,000 | $1,125,000 | $608,000 |
| Low SP | $885,000 | $499,000 | $416,652 | $685,000 | $440,000 | $608,000 |
| High SP | $885,000 | $720,000 | $695,000 | $685,000 | $685,000 | $608,000 |
| Median SP | $885,000 | $602,500 | $543,124 | $685,000 | $562,500 | $608,000 |
| Average SP | $885,000 | $606,000 | $543,124 | $685,000 | $562,500 | $608,000 |
| Average SP/Sq. Ft | $2,418 | $1,656 | $1,484 | $1,872 | $1,537 | $1,661 |
| Average DOM | 53 | 75 | 248 | 0 | 79 | 74 |
| Average SP/LP | 96% | 101% | 95% | 100% | 99% | 88% |
Napili Kai Condos for Sale (Puna Point I, Puna Point II, & Napili Lani)
| Napili Kai | Q3 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 0 | 0 | 1 | 0 | 0 | 2 |
| Volume | 0 | 0 | $1,640,000 | 0 | 0 | $2,665,000 |
| Low SP | NA | NA | $1,640,000 | NA | NA | $1,325,000 |
| High SP | NA | NA | $1,640,000 | NA | NA | $1,340,000 |
| Median SP | NA | NA | $1,640,000 | NA | NA | $1,332,500 |
| Average SP | NA | NA | $1,640,000 | NA | NA | $1,332,500 |
| Average SP/Sq. Ft | NA | NA | $2,419 | NA | NA | $1,965 |
| Average DOM | NA | NA | 50 | NA | NA | 150 |
| Average SP/LP | NA | NA | 100% | NA | NA | 95% |
Napili Point Condos for Sale
| Napili Point | Q3 2023 | 2022 | 2021* | 2020* | 2019* | 2018* |
| Sales | 5 | 8 | 16 | 5 | 4 | 5 |
| Volume | $6,415,000 | $9,816,000 | $14,369,000 | $3,383,574 | $2,505,000 | $3,537,000 |
| Low SP | $950,000 | $880,000 | $585,000 | $540,000 | $485,000 | $470,000 |
| High SP | $1,790,000 | $1,550,000 | $1,375,000 | $800,000 | $850,000 | $995,000 |
| Median SP | $1,040,000 | $1,997,500 | $857,500 | $700,000 | $585,000 | $689,000 |
| Average SP | $1,283,000 | $1,227,000 | $898,063 | $676,715 | $626,250 | $707,400 |
| Average SP/Sq. Ft | $1,651 | $1,454 | $1,169 | $833 | $797 | $806 |
| Average DOM | 93 | 71 | 138 | 102 | 120 | 155 |
| Average SP/LP | 99% | 98% | 96% | 94% | 95% | 94% |
| * Leasehold Sales occurred in this year | ||||||
Napili Shores Condos for Sale
| Napili Shores | Q3 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 1 | 10 | 19 | 5 | 13 | 8 |
| Volume | $899,000 | $6,934,379 | $10,266,500 | $2,712,000 | $6,433,234 | $3,769,000 |
| Low SP | $899,000 | $510,000 | $389,000 | $395,000 | $345,000 | $335,000 |
| High SP | $899,000 | $948,000 | $725,000 | $695,000 | $645,000 | $600,000 |
| Median SP | $899,000 | $700,000 | $535,000 | $545,000 | $508,000 | $460,000 |
| Average SP | $899,000 | $693,438 | $540,342 | $542,400 | $494,864 | $471,125 |
| Average SP/Sq. Ft | $1,493 | $1,296 | $1,107 | $1,025 | $982 | $930 |
| Average DOM | 77 | 88 | 93 | 166 | 127 | $245 |
| Average SP/LP | 100% | 99% | 99% | 96% | 98% | 97% |
Napili Sunset Condos for Sale
| Napili Sunset | Q3 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 0 | 4 | 5 | 4 | 0 | 1 |
| Volume | NA | $1,560,000 | $2,942,500 | $2,375,000 | NA | $290,334 |
| Low SP | NA | $265,000 | $252,500 | $265,000 | NA | $290,334 |
| High SP | NA | $725,000 | $860,000 | $900,000 | NA | $290,334 |
| Median SP | NA | $285,000 | $700,000 | $605,000 | NA | $290,334 |
| Average SP | NA | $390,000 | $588,500 | $593,750 | NA | $290,334 |
| Average SP/Sq. Ft | NA | $842 | $1,052 | $978 | NA | $712 |
| Average DOM | NA | 272 | 223 | 64 | NA | 203 |
| Average SP/LP | NA | 101% | 97% | 97% | NA | 94% |
Napili Surf & Napili Puamala Condos for Sale
| Napili Puamala | Q3 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 0 | 1 | 3 | 1 | 1 | 0 |
| Volume | NA | $460,000 | $1,149,950 | $300,000 | $390,000 | NA |
| Low SP | NA | $460,000 | $357,000 | $300,000 | $390,000 | NA |
| High SP | NA | $460,000 | $407,950 | $300,000 | $390,000 | NA |
| Median SP | NA | $460,000 | $385,000 | $300,000 | $390,000 | NA |
| Average SP | NA | $460,000 | $383,317 | $300,000 | $390,000 | NA |
| Average SP/Sq. Ft | NA | $1,150 | $958 | $750 | $975 | NA |
| Average DOM | NA | 40 | 220 | 439 | 136 | NA |
| Average SP/LP | NA | 84% | 99% | 100% | 87% | NA |
| Napili Surf | Q3 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
| Sales | 1 | 0 | 5 | 1 | 0 | 1 |
| Volume | $931,200 | NA | $3,093,900 | $648,000 | NA | $310,000 |
| Low SP | $931,200 | NA | $530,000 | $648,000 | NA | $310,000 |
| High SP | $931,200 | NA | $750,000 | $648,000 | NA | $310,000 |
| Median SP | $931,200 | NA | $619,900 | $648,000 | NA | $310,000 |
| Average SP | $931,200 | NA | $618,780 | $648,000 | NA | $310,000 |
| Average SP/Sq. Ft | $1,634 | NA | $1,229 | $1,119 | NA | $758 |
| Average DOM | 59 | NA | 116 | 111 | NA | $21 |
| Average SP/LP | 98% | NA | 98% | 100% | NA | 100% |
Browse Oceanfront Napili Bay Condo Communities
Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty