ritz residences kapalua: The Montage Residences at Kapalua Bay: New Listing and Market Update
- 04/04/14 02:15 PM
A new Residence has just been listed at the Montage Residences Kapalua Bay. Residence 2602, listed at $4,600,000, is the first condominium offered for resale at the Residences since 2011.
Originally branded the Ritz-Carlton Residences at Kapalua Bay, the developer sales began closing in 2009 and ended in 2011. The Residences are some of the largest condominiums offered for sale in Maui, with floorplans ranging from 2789 sq. ft. to 4055 sq. ft.
The Residences at Kapalua Bay Sales History: There has been only one resale, 1305, which closed at $2,850,000 in 2011. Original developer sales prices ranged from $2,800,000 to $5,735,000, the highest price … (0 comments)
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ritz residences kapalua: 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)
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ritz residences kapalua: Ritz-Carlton Club and Residences, Kapalua Bay: Market Snapshot
- 10/17/11 03:24 PM
The Ritz-Carlton Club and Residences, Kapalua Bay is Kapalua's newest residential condominium community.
Since January 2011, there have been five closings. The average sale price was $3,113,412, or $1066/sq. ft. The most recent closing was this past week, 1305 a 3B/3.5B resale at $2,850,000. The other four closings were developer sales.
Situated on 21 oceanfront acres, the Ritz-Carlton Club and Residences, Kapalua Bay overlook Kapalua Bay, one of Maui's most treasured beaches. The Residences is comprised of 84 wholly owned condominiums and 62 fractional condominiums. With spacious three and four bedroom floorplans, the wholly owned Ritz-Carlton Residences are the largest condominium properties available in the Kapalua … (0 comments)
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ritz residences kapalua: The Ritz-Carlton Club and Residences®, Kapalua Bay: Maui Real Estate Update
- 08/10/11 12:38 PM
The Ritz-Carlton Club and Residences®, Kapalua Bay: Maui Real Estate Market Update
The Ritz-Carlton Club and Residences®, Kapalua Bay, is Maui’s newest luxury condominium development. First opened in 2009, the property is comprised of 62 fractional residences and 84 wholly-owned residences.
The market has picked up at the Residences, as it has across the high end of the Kapalua Resort, with three closings in the past six weeks: 1303 and 1302 both closed at $3,300,000 each. 2103 closed at $2,800,000.
There are three different floor plans at the Residences: 3B/3.5B, 3B/3.5B plus den, and 4B/4.5B. Of the recent sales, all three are oceanfront, 3B/3.5B with … (2 comments)
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ritz residences kapalua: The Ritz-Carlton Club and Residences®, Kapalua Bay: Maui Real Estate Market Update
- 07/19/11 02:43 PM
The Ritz-Carlton Club and Residences®, Kapalua Bay: Maui Real Estate Market Update
The Ritz-Carlton Club and Residences®, Kapalua Bay, is Maui's newest luxury condominium development. First opened in 2009, the property is comprised of 62 fractional residences and 84 wholly-owned residences.
The market has picked up at the Residences, as it has across the high end of the Kapalua Resort, with two closings, each at $3,300,000. Both are 3B/3.5B plus den floorplans, oceanfront, and sold for approximately $1136/sq. ft.
The following is an overview of the whole ownership sales history: Exclusive Resorts, as a partner in the development, purchased 15 of 84 the wholly-owned condominium residences for … (0 comments)
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