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Kapalua Bay, Maui Properties: Real Estate Market Update July, 2013
Coconut Grove and Residences at Kapalua Bay: Market Update July, 2013 I'm pleased to announce the sale of Coconut Grove 25, which closed at $4,250,000 this week.
A beachfront enclave of just 36 condominiums, the Coconut Grove is situated on one of Maui's most popular and loved beaches, Kapalua Bay.  
Each building contains four villas--each a different floorplan.  The four floorplans at Coconut Grove are designed to make the most of the ocean and island views, and take in the tropical gardens that surround the villas.  
At the time of this posting, there is just one active listing: #15 at $3,999,999.  
In 2013, there have been two sales:
29.........$4,196,500........2/13
25.........$4,250,000........7/13
Known for it's fantastic snorkeling, Kapalua Bay is a small sandy crescent-shaped beach and tends to be fairly calm most of the year.  At one end is Merriman's at Kapalua Bay (which recently received a shout out on the Today Show by Willie Geist as a Must if visiting Maui).  
At the other end of the bay is the Residences at Kapalua Bay.  Formerly the Ritz-Carlton Club and Residences, this property is in the process of being re-branded as a Montage, which will be the hotel company's first ... more

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