montage residences kapalua bay: Maui Real Estate News: December, 2016
- 12/31/16 09:39 PM
Aloha and hau'oli makahiki hou from Maui! As we usher in 2017 tomorrow, I want to thank my friends, clients and colleagues for making 2016 such a remarkable year. After nearly 20 years in this profession, I am constantly falling in love with Maui over and over again. I am so thankful to work with amazing people--clients, lenders, escrow officers and fellow real estate professionals. This month in December, as we gear up for our busy season, I found myself writing about several neibhorhoods in Kapalua: the Kapalua Ridge Villas, the Coconut Grove on Kapalua Bay, and the Montage Residences, Kapalua Bay. Additionally, we have the pleasure … (3 comments)
montage residences kapalua bay: Maui Real Estate News and Updates
- 12/17/16 06:20 PM
Highlights of Maui Real Estate Listings and Updates for the second week of December, 2016 By Courtney M. Brown, R(S) Island Sotheby's International Realty The View from Montage Residences Kapalua Bay, Residence 1205, Kapalua, Maui This weeks posts include an overview of condos for sale at three properties in the Kapalua Resort: the Kapalua Ridge Villas, the Coconut Grove on Kapalua Bay, and the Montage Residences, Kapalua Bay. Also posted is a personal story about a day spent with my father out at Honolua Bay, a window into his life in Hawaii over the years. Spotlight on Maui: Kapalua Ridge Villa 1521: one bedroom, two bath condo for … (2 comments)
montage residences kapalua bay: Record Sales at the Montage Kapalua Bay
- 08/22/14 12:11 PM
Montage Residences Kapalua Bay: Record Sales for West Maui At the Montage Residences Kapalua Bay, two condominium residences recorded today for a record breaking $7,750,000 and $8,250,000. Per the Maui MLS service, prior to this, the highest sale recorded in West Maui was $5,735,000. This was also at the Residences in 2010, when it was branded the Ritz-Carlton Club and Residences, Kapalua Bay. Originally developed with 84 luxury condominium residences and 62 fractional residences, there were 13 purchased by private individuals and 15 by Exclusive Resorts at the time of the initial offering. The property was foreclosed on in early 2013, and has … (4 comments)
montage residences kapalua bay: 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)
montage residences kapalua bay: Kapalua Wine and Food Festival: Celebrating 33 Years of Wine on Maui
- 03/09/14 11:18 AM
The Kapalua Wine and Food Festival Tickets are now available for the 33rd Annual Kapalua Wine and Food Festival, June 12-15, 2014 in Kapalua, Maui. For the first time in almost a decade the festival’s popular Friday night Grand Tasting will return to Kapalua Bay, hosted by the new Montage Kapalua Bay. The Montage Hotel and Residences Kapalua Bay is located on the grounds of the old Kapalua Bay Hotel, overlooking Kapalua Bay. Formerly the Ritz-Carlton Club and Residences, the once private members only property is now open to the public, with sales of the Montage Residences Kapalua Bay are expected to relaunch … (0 comments)
montage residences kapalua bay: 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)
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)
The Residences in Kapalua Bay opened their doors in 2009 as part of the Ritz-Carlton Club and Residences, replacing the iconic Kapalua Bay Hotel. This stunning resort is situated on over twenty acres overlooking Kapalua Bay, a charming white sandy crescent. The Residences at Kapalua Bay are located on one of my favorite spots on the island of Maui--I have fond memories of coming to Kapalua Bay as a child before the original Kapalua Bay Hotel was even built. The timing of the release of the Residences at … (8 comments)
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>
Aloha and hau'oli makahiki hou from Maui!
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