kapalua real estate: Kapalua Real Estate | Mid-Year Market Update 2016 - 08/18/16 03:31 PM
Kapalua Mid Year Real Estate Market Update
Kapalua is one of Maui's most desirable destinations.  Home to two award-winning flagship hotels, the Montage Kapalua Bay Hotel and Residences and the Ritz-Carlton® Hotel and Residences, Kapalua, the resort offers a variety of real estate opportunities including homes, land, condominium residences, and luxury 1/12 fractional ownership.
The Mid-Year market update details active listings, pending sales, and compares sales through the second quarter of 2016 with those of 2015.
Read the full Kapalua Market Update here.
 
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kapalua real estate: Coconut Grove Kapalua Condos for Sale: Kapalua Market Update June 2015 - 06/11/15 03:45 PM
Coconut Grove Kapalua Luxury Condominium Market Update, June 2015The Coconut Grove, situated on Maui's Kapalua Bay is one of the most sought after communities in the Kapalua Resort.  
This small enclave of just 36 villas in nine buildings overlooks the beloved white sand crescent beach.  There are three ocean view buildings (residences 1-12) and six oceanfront buildings (residences 13-36).  Each building is home to four condominium residences, each a different floor plan.
At the time of this post, there are just four condominium residences for sale:Coconut Grove #9, 3B/3B, an ocean view, ground floor residence,  plan 1, recently reduced to $3,750,000Coconut Grove #15, 3B/3.5B, an oceanfront, ground … (2 comments)

kapalua real estate: KAPALUA REAL ESTATE MARKET UPDATE | MARCH, 2015 - 03/17/15 12:27 PM
Kapalua Real Estate Market Update | March 17, 2015 The Kapalua Resort is comprised of four residential neighborhoods and seven condominium communities. There are 755 condominiums and 243 home sites in the Kapalua Resort.  It should be noted that some have been combined to create larger lots, and there are oceanfront 3 parcels that are not part of a subdivision. The following is an update on the Year to Date Market:
Kapalua Market Overview CONDOMINIUMS Active Listings: 72 Condominiums.  Asking prices range from $630,000 to $5,395,000.  Total Listing Volume: $130,546,788 Pending Sales:  6 Condominiums. Asking prices range from $675,000 to $4,750,000.  Total Pending Sales … (0 comments)

kapalua real estate: Kapalua Real Estate Market Update: June 1, 2014 - 06/01/14 12:06 PM

As of June 1, 2014, there have been 20 sales in the Kapalua Resort with an average sales price of $1,979,624 and a sales volume of $39,592,499.  In the same period in 2013, there were 24 sales with an average sales price of $1,816,437 and a sales volume of $43,594,500.
While the market today may appear to be slightly less robust, the sales volume and average sales price was buoyed last year by an oceanfront home sale at $9,700,000.  As the average sales price has increased without an outlying sale and fewer sales, the market does appear to be strengthening somewhat in terms … (0 comments)

kapalua real estate: Kapalua Bay Villas: Real Estate Market Update June 2014 - 06/01/14 07:55 AM
Kapalua Bay Villas Market Update May, 2014:

I'm pleased to announce the closing of Kapalua Bay Villa 20G1-3 at $1,725,000.  This two bedroom, three bathroom, beautifully updated Bay Villa is perched overlooking the white sand beach at Oneloa Bay.
This is the 4th sale at the Kapalua Bay Villas this year.  While sales activity is down slightly from the same period of time in 2013, from 6 to 4, the average sales price is up from $957,333 to $1,199,750.
Kapalua Bay Villas Current market snapshot:
All Active Listings: 25
Pending Sales: 0
Price Range: $835,000-$2,200,000
Average Listing Price:  $1,378,280
Sales YTD: 4
Average Sales Price YTD: $1,199,750
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kapalua real estate: Kapalua Real Estate Market Update: The First Two Months of 2014 - 03/02/14 06:17 AM

Kapalua Real Estate Market Update through February 2014:
The Kapalua Resort continues its transformation for the positive with new ownership groups now in place for the resort's two most prominent properties, the Ritz-Carlton, Kapalua and the Residences at Kapalua Bay.
Over the past few years, the two anchor properties of the resort were foreclosed on by their respective lien holders, the Ritz-Carlton, Kapalua Hotel (Lehman in 2011) and the Ritz-Carlton Club and Residences, Kapalua Bay (Island Acquisitions in 2013).  The following is an update on these properties, as well as a year to date summary of the Kapalua condominium, residential and vacant land resale … (0 comments)

kapalua real estate: Kapalua Resort: The 2013 Year End Market Report - 01/24/14 11:26 AM
The Kapalua Resort 2013 Year End Market Report is now available

When examining 2013 as it compares to 2012, it's noteworthy that there were fewer sales, at higher average prices and a significantly higher sales volume.
In reviewing the last decade, the number of sales peaked in 2004, while the peak of the market in terms of average sales prices and volume was in 2006/2007.  The question everyone has asked since the peak, is when is the bottom.  In reviewing the data it appears that for Kapalua real estate, it was in 2012.
Highlights:
Kapalua Real Estate: 53 sales in the … (0 comments)

kapalua real estate: Kapalua Resort: 2013 Real Estate Market Update | 3rd QTR - 11/04/13 07:04 AM
The Kapalua Resort 2013 Real Estate Market Update | 3rd QTR
 
 
I'm pleased to announce the release of the 2013 Kapalua Resort Real Estate Market Update, which delves into the Kapalua Resort real estate market and includes updates on the various communities within the Kapalua Resort.  You'll find statistics and data on the following condominium properties:  The Bay Villas, The Ridge Villas, The Golf Villas, Coconut Grove, Ironwoods, Residences at Kapalua Bay, Residential Suites at the Ritz-Carlton, Kapalua, as well as Residential neighborhoods of Pineapple Hill, Pineapple Hill Estates, Plantation Estates and Honolua Ridge.  
You'll find the complete … (0 comments)

kapalua real estate: EXTRAORDINARY. MAUI. Introducing 1206 Summer, Pineapple Hill, Kapalua - 10/02/13 09:50 AM
Introducing 1206 Summer Road in the gated community of Pineapple Hill in the Kapalua Resort on Maui.
 

This beautifully decorated home is situated overlooking the 11th green of the Kapalua Bay Course, with panoramic ocean and island views.  Oriented to the west to take advantage of our incredible sunsets, the house has spacious lanais surrounded by tropical gardens.  
The Pineapple Hill community is located in the heart of the Kapalua Resort.  Originally comprised of 99 homesites, 31 additional lots were annexed in as Pineapple Hill Estates in 2000.  Pineapple Hill and Pineapple Hill Estates owners have access to … (2 comments)

kapalua real estate: Pineapple Hill Market Update, Kapalua: May 2013 - 05/10/13 09:10 AM
Pineapple Hill, Kapalua, Market Update: May 2013

I'm pleased to announce the sale of another home in Pineapple Hill: 708 Fairway at $2,100,000. 

This is the third sale this year, and the second in which I represented the Buyer:
208 Crestview, a home on a double lot, closed at $4,500,000
516 Pacific closed at $1,795,000
There are currently 12 listings in Pineapple Hill Phase I, ranging from $2,590,000 to $7,900,000.  There are a variety of home options: 3-8 bedrooms, ranging from 2310-8178 sq. ft., on single, double, and triple lots.
For more information on homes for sale in the Kapalua resort, please don't hesitate to … (2 comments)

kapalua real estate: The Latest in Maui Real Estate - 04/07/13 06:09 PM
The latest Maui Real Estate Update and Market Update is now available at www.LuxuryRealEstateMaui.com
In case you are missing Maui, here's a photo of last night's sunset

For more information on the Residences at Kapalua Bay, as well as Napili Bay Condominiums, and Kaanaapali, please view the Newsletter.  You will also find helpful statistics regarding the recent sales in Kapalua, Kaanapali, and Naplili, please visit www.LuxuryRealEstateMaui.com/newsletter.asp
As always, please don't hesitate to contact me with any questions.
Mahalo,
Courtney
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kapalua real estate: Coconut Grove on Kapalua Bay: Price Reduction and Market Update - 03/04/13 09:54 AM

The Coconut Grove on Kapalua Bay remains one of my favorite condominium communities on Maui.  The setting is spectacular--overlooking the white sand beach at Kapalua Bay.  Designed to bring the outside in, the Coconut Grove condominiums feature pocketing doors that open to sweeping views, as well as private interior gardens.  All villas have three bedrooms, and are amongst the largest offerings in the Kapalua resort.
There are currently three listings offered:
15 $4,299,000
25 $4,690,000 (Pictured here--just reduced!)
23 $4,795,000
The last three sales were:
29 $4,196,500  02/01/2013
18 $5,000,000  01/27/2013
34 $5,200,000  12/20/2013
For more information on the Coconut Grove condos for sale or any … (4 comments)

kapalua real estate: West Maui Real Estate Update: 2012 Market Review - 01/09/13 10:12 AM
West Maui Real Estate Update
With the year end, we saw a flurry of sales in West Maui. In examining the markets in Kapalua, Kaanapali, Launiupoko, and oceanfront/beachfront residences, the markets were fairly level markets in Kaanapali and Launiupoko. The biggest market changes were in Kapalua Resorts, where there was a 32% increase in the number of real estate transactions, while there was a 23% decline in total sales volume ($). However, it is noteworthy that 2011 saw large transactions in Kapalua: there were two sales that dramatically increased the 2011 volume: a $14 million sale and $9.6 million both in … (0 comments)

kapalua real estate: Warmest Holiday Wishes from Kapalua, Maui! - 12/24/12 10:09 AM

As the holidays approach, Kapalua is awash with palm trees with sparkling white lights. The Ritz-Carlton, Kapalua is a favorite destination for visitors and locals alike, with thousands of twinkling palms. The winter swell brings large waves to Maui's famous Honolua Bay, and people line up along the cliffs to watch the surfers. And visitors from all over the world begin to arrive for a week or two of sunshine amidst a cold winter.
As we head into our busy season, the Kapalua real estate market traditionally picks up with new listings popping up across the resort in anticipation of the … (6 comments)

kapalua real estate: The Ritz-Carlton Club and Residences, Kapalua: December 2012 Update - 12/19/12 10:05 AM
The Ritz-Carlton, Club and Residences is Kapalua Resort's newest condominium property.  Launched in 2009, the property consists of 84 wholly owned condominium units and 62 fractional ownership units (1/12th ownership). 
As many of you know, the lienholders for the Ritz-Carlton Club and Residences, Kapalua Bay development filed for foreclosure earlier this year. At the initial foreclosure hearing in December, Island Acquisitions bid $55 million. The foreclosure is subject to court confirmation in January, 2013 and bidding can be reopened at 105%, or $57.5 million.On December 31, 2012, the current management contract with Ritz-Carlton management will expire.
It is my understanding that … (0 comments)

kapalua real estate: Foreclosure Update: Ritz-Carlton Club and Residences at Kapalua Bay - 11/29/12 05:46 AM

The Ritz-Carlton Club and Residences®, Kapalua Bay will be going to foreclosure auction on Monday,  December 3, 2012. On June 13, 2012 a notice of foreclosure was filed by the lien holders, and all sales of both fractional and whole ownership units were suspended. I plan on attending the auction in Honolulu and will post an update afterward to my blog.
According to the Commissioner’s website, the auction details are as follows:DATE: December 3, 2012 at 12:00 noon.LOCATION: Ewa end of the First Circuit Building (Ka’ahumanu Hale), 777 Punchbowl Street, Honolulu, HITERMS OF SALE: The auction will be held for a bulk sale, “As … (4 comments)

kapalua real estate: The Ritz-Carlton Residences, Kapalua Bay: Foreclosure Update - 10/31/12 04:21 PM

I’m often asked what the status is of the Ritz-Carlton Club and Residences®, Kapalua Bay. Opened on May 31, 2009, the Ritz-Carlton Club and Residences®, Kapalua Bay is Kapalua’s newest residential condominium community. Situated on 21 oceanfront acres, a stone’s throw from Kapalua Bay, the Ritz-Carlton Club and Residences® are comprised of just 84 private ownership Residences, and 62 fractional residences (1/12 ownership) that are managed by the Ritz-Carlton Club®.
It is my understanding that the Ritz-Carlton will maintain management of the property until 12/31/2012, though this date is subject to change. There is currently pending litigation between some of … (2 comments)

kapalua real estate: Spotlight on the Kapalua Bay Villas: August, 2012 - 08/28/12 08:08 AM
The Kapalua Bay Villas are nestled along the dramatic Kapalua Coastline in the heart of the Kapalua Resort.  Comprised of 141 one and two bedroom villas in 27 oceanfront and ocean view buildings, the Bay Villas are amongst the Resort's most popular vacation destinations. 

The Bay Villas are the only one bedroom oceanfront offerings in the Resort, and tend to be the most affordable oceanfront two bedroom properties as well.
At the time of this post, the following is a market update:
Active Listings:
14 One-Bedroom Bay Villas ranging from $738,000 to $1,495,000 9 Two-Bedroom Bay Villas ranging from $1,495,000 to $2,195,000 Sold:
Bay … (0 comments)

kapalua real estate: Kapalua Maui: Real Estate Update June 2012 - 06/01/12 07:24 PM
June 1st, 2012One of the questions I’m often asked, is where do you go for vacations when you live in paradise? This year: Italy! And while, I LOVED Italy (the food,the wine, the art (David!), the countryside of Tuscany, the seaside towns in the Cinque Terre and Capri), there is nothing like returning to Maui. Sometimes it takes seeing a place with new eyes to really appreciate its beauty.I’ve returned home just in time for one of Kapalua’s biggest events, the 31st annual Wine and Food Festival. It will be held at the Ritz-Carlton, Kapalua June 8-10, 2012. For tickets and information, visit: … (6 comments)

kapalua real estate: Kapalua Real Estate: Market Update - 04/20/12 08:31 AM

Photo of the Ritz-Carlton, Kapalua, where we have a new listing at the Residential Suites.
Kapalua Real Estate: Market UpdateIt’s on everyone’s mind: “What’s going on in the market?” While trends are difficult to predict when data samples are small, I find the quarterly comparison of our market against the prior year to be insightful. We have definitely seen an increase in both the number of sales and sales volume. The impact of a record sale for $14,000,000 in the Plantation Estates in early 2011 serves to skew the data: without it, the volume would have been less than 50% … (2 comments)

 
Courtney Brown, Realtor (S) Vice President, Live a Maui Life!  (Island Sotheby's International Realty)

Courtney Brown, Realtor (S) Vice President

Live a Maui Life!

Lahaina, HI

More about me…

Island Sotheby's International Realty

Address: Napili Plaza, 5095 Napilihau Street, Suite 113A, Napili, HI, 96761

Office: (808) 665-1166

Mobile: (808) 250-0210

Author Bio: Courtney Brown is a Realtor with Island Sotheby's International Realty in Maui, Hawaii. Courtney was born here in Maui and educated at Smith College. She specializes in Maui real estate, with a focus on second homes, oceanfront, and resort properties in Kapalua, Napili, Kaanapali, and West Maui. p>

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