The View from 1202 Summer Road: Currently pending at a list price of $3,700,000
About Pineapple Hill:
Nestled on the leeward side of a hill, Pineapple Hill is a popular residential community in the Kapalua Resort. The first phase is comprised of homes on lots of approximately a quarter acre, although you do see larger homes built on two or more contiguous lots. In 2001, Pineapple Hill Estates was annexed into the development and is comprised of slightly larger lots, which are approximately a half an acre in size. Owners in both phases of Pineapple Hill enjoy a community pool, tennis and pickleball courts, and beautifully landscaped grounds.
Pineapple Hill Market Overview: How has the Market Changed?
As with much of the mainland United States, the housing market here on Maui is moving very quickly with an increase in sales volume and very limited inventory. Pineapple Hill is no exception and is the entry point to the Kapalua Resort real estate market (view all Kapalua homes for sale). Homes in other areas of the resorts, such as the Plantation Estates, Honolua Ridge, Mahana Estates tend to be priced higher due to larger lot sizes, with the highest-priced homes being on the water at Kapalua Place or on one of Kapalua's oceanfront points.
Inventory is low with just three homes actively listed for sale as of this post. One is on a single lot situated on the golf course in Pineapple Hill Estates listed at $3,450,000. The other two are on larger homesites (2 lots combined) and are listed at $5,995,000 and $7,900,000.
There are three pending sales listed in MLS. All three are in Pineapple Hill Phase I and list prices range from $2,495,000 to $5,900,000.
Available Inventory in Pineapple Hill and Pineapple Hill Estates All of Pineapple Hill: 3 month supply of inventory Homes on Single Lots: 1 month supply of inventory Homes under $3M: 1.5 month supply of inventory Homes over $3M: 6 month supply of inventory
Metric
2017
2018
2019
2020
2021 YTD
Numer of Sales
6
4
15
10
4
Average LP
$2,695,833
$2,586,250
$2,547,267
$2,848,300
$2,738,750
Average Sales Price
$2,524,167
$2,387,500
$2,388,935
$2,718,700
$2,503,125
AVG SP/LP
93%
92%
94%
95%
91%
Average Sales Price/Sq. ft.
$680
$588
$692
$696
$696
Average DOM
219
325
262
137
158
Homes in Pineapple Hill and Pineapple Hill Estates still represent a good value, though inventory is very low and options are limited. We are seeing homes spend less time on the market post-pandemic (2020/2021) than in prior years. It is not surprising there were fewer sales in 2020 than in the prior year, as travel restrictions were in place for the better part of six months. Only two sales occurred during the travel restrictions, and the bulk of the year's sales occurred after the state implemented its pre-travel testing program.
For more information on homes for sale in Pineapple Hill, please contact Courtney Brown, R(S)
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...
