Posted
by Courtney M. Brown
on Monday, September 13th, 2021 at 2:50pm.
Pineapple Hill, Kapalua, Maui: Market Update and New Listing Spotlight, September 2021
New to the market: 324 Cook Pine Drive is a 3B/3.5B home currently offered at $2,999,000
Introducing 324 Cook Pine Drive
The lanai view from 324 Cook Pine Drive
The living room view at 324 Cook Pine Drive
This beautiful home features expansive ocean and island views. The owners have loved this location for its private setting and the tranquil gardens, which feature a large pool with a soothing waterfall. Since their purchase, the owners have lovingly renovated the home: the kitchen features new cabinetry and Caeserstone counters. The focal point of the living room is a modern Dimplex fireplace with remote control and a new bar that compliments the kitchen. Additional features include travertine floors on the ground level, and carpeting in all of the bedroom suites upstairs. The gated Pineapple Hill community is popular and sought after for its central location in the Kapalua Resort, and amenities, which include an owner's pavilion, pool, and tennis courts
About Pineapple Hill:
Nestled on the leeward side of the Kapalua Resort, Pineapple Hill is one of the resort's most popular residential communities. 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 lots approximately a half an acre in size.
Owners in Pineapple Hill have access to a community pool, tennis and pickleball courts, and beautifully landscaped grounds.
Pineapple Hill Market Overview: Where are we now, and how has the market changed?
As with much of the US, homes have become very desirable here on Maui and Pineapple Hill is no exception. Home inventory is very low with just five homes actively listed for sale, all in Pineapple Hill Phase I. Two are situated on single lots, listed at $2,795,000 and $2,999,000. There are three homes, each on a double lot, ranging from $4,995,000 and $8,995,000. View Pineapple Hill Homes for Sale
There are more vacant lot listings, with four total: three listings in Pineapple Hill Phase I ranging from $879,000 to $1,090,000, and one lot in Pineapple Hill Estates (Phase II) listed at $1,200,000. There is one lot pending in Pineapple Hill Estates, listed at $1,195,000. View Pineapple Hill Land for Sale
Pineapple Hill Home Sales Year to Date
Address
List Price
Sold Price
Closing Date
Beds
Baths
SQ. FT.
Land Acres
Days On Market
$/SQ.FT.
Built
MLS #
708 Fairway Dr
$2,825,000
$2,700,000
1/5/21
3
3.5
3,238
0.20
22
$834
1988
389627
1214 Summer Rd
$2,950,000
$2,700,000
1/25/21
3
3.5
3,598
0.26
182
$750
1994
387922
114 Woodrose Pl
$2,330,000
$2,062,500
2/25/21
3
4
3,560
0.35
288
$579
1997
387021
508 Pacific Dr
$2,850,000
$2,550,000
2/26/21
4
4.5
4,105
0.21
141
$621
1999
388871
1212 Summer Rd
$5,900,000
$4,850,000
3/31/21
8
8.5
8,174
0.79
299
$593
2000
387279
1202 Summer Rd
$3,750,000
$3,700,000
4/9/21
3
3
3,586
0.30
71
$1,032
2003
390126
310 Cook Pine Dr
$2,500,000
$2,460,000
4/23/21
3
3.5
3,626
0.24
54
$678
1998
391230
504 Pacific Dr
$2,495,000
$2,395,000
5/11/21
3
3
2,877
0.24
172
$832
1988
389363
708 Fairway Dr
$2,925,000
$2,925,000
5/25/21
3
3.5
3,238
0.20
0
$903
1988
391650
710 Fairway Dr
$2,698,000
$2,750,000
6/17/21
3
3.5
3,666
0.20
87
$750
1990
390828
112 Pulelehua St
$3,450,000
$3,350,000
7/6/21
3
2.5
4,504
0.47
563
$744
2002
385476
618 Silversword Dr
$3,995,000
$3,995,000
7/28/21
3
4
4,071
0.24
47
$981
1998
391842
102 Woodrose Pl
$2,600,000
$2,525,000
8/3/21
3
3.5
3,812
0.26
130
$662
1988
390902
Pineapple Hill Home Sales: YTD 2021 vs. YTD 2020
Pineapple Hill & Pineapple Hill Estates Home Sales Through 9.13
2021
2020
Change
Numer of Sales
13
4
+225%
Average Sales Price
$2,997,115
$2,217,500
+35%
Average Sales Price/Sq. ft.
$766
$573
+35%
Average DOM
158
207
-24%
Pineapple Hill Home Sales:
Homes in Pineapple Hill represent a good value within the Maui Resort market, and that is evident with homes spending less time on the market.
When comparing 2019 to 2020, the average sales price has increased slightly, but the average sales price/sq. ft. has actually decreased slightly. 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.
Once the quarantine requirements were lifted in October 2020, we began to see more sales and a dramatic increase in sales volume, average sales price, and sales price/sq. ft., increased dramatically in 2021.
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
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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...
