The Coconut Grove on Kapalua Bay: A Maui Real Estate Market Update

The Coconut Grove on Kapalua Bay: A Maui Real Estate Market Update 

The Coconut Grove is one of Maui's most desirable locations:  oceanfront on the crescent shaped Kapalua Bay.  There are just 36 residences in 9 two-story buildings on nearly 10 acres.  With pocketing doors that open to the ocean, there is a feeling that the bay is a part of your home.  The ground floor villas feature private courtyard gardens and outdoor showers with rock wall enclosures. 

I am pleased to present a new listing: Coconut Grove Residence 25.  Located in the center of Kapalua Bay, with views of the outer islands, sunsets, and the gentle waves at Kapalua Bay, this three bedroom, three bath villa is offered beautifully furnished, with many special upgrades, including tropical gardens inspired by the old Kapalua Bay Hotel, custom lighting and closets, window treatments, and an awning to shade the lanai.  The photo above was taken while I was standing on the lanai.

At the time of this post, there are four oceanfront villas offered for sale at Coconut Grove.  They range in price from $4,890,000 to $5,250,000.  The last sales were in November and December of 2008: an oceanfront villa closing at $4,700,000 and an oceanview villa closing at $3,600,000.

Coconut Grove Market History Reports are now available online.  These reports detail many aspects of the sales history over the past 10 years, including averages sales prices, price per square foot, and more for oceanfront and oceanview properties. For more information on the Coconut Grove, please don't hesitate to contact me.