Honua Kai Resort One Bedroom Ocean View Best Buy in Kaanapali Maui

By
Real Estate Agent with Maui Resort Realty RB#21286

One bedroom properties for sale at Honua Kai have been of the strongest draws as they represent the entry level of the market and are consistent rental performers. Looking for today's best buy? Look no further than Konea #344.

The Honua Kai Resort and Spa on the golden sandy shores of  Ka'anapali North Beach.

Short Honua Kai History 

Prices across the board at The Honua Kai Resort and Spa in Ka'anapali Maui have seen a steady rise in the last 4 years, certainly outpacing the appreciation trends of the general Maui market. Much of this stems from the fact that when the developer cut prices in both 2011 and 2013, market conditions were quite soft and they were adamant about liquidating inventory- they grossly undersold the property, hindisght is 20/20.

The Hokulani tower was completed in 2008 and the Konea tower in 2009, making Honua Kai the newest whole ownership beachfront resort in all of West Maui. Vacation rental properties at Honua Kai are extremely popular and the subsequent rental income derived by these properties has strongly influenced the rising real estate values.

Konea Pool

The Konea Pool at the Honua Kai Resort in Ka'anapali. 

The Honua Kai market has been very hot as of late as the best deals are generally going under contract very quickly. I’d like to bring your attention to Konea #344, a larger one bedroom/one bath unit of 780 sq.ft. with a really nice ocean view priced to sell at $836,000. 

 

Video Tour of Konea #344

I apologize as I took this video during the early afternoon when the lighting conditions and contrast between water and sky were not the most crisp. Visit all of Maui Real Estate videos here on my YouTube Channel- The Hawaii Realtor 

 

What to love about Konea #344 at Honua Kai?

  • This particular unit is the largest one bedroom floor plan at Honua Kai with 780 sq.ft. of interior living area and a 140 sq.ft. lanai. I also really like the fact that you can see the ocean view directly from the window in the master bedroom, which is not common for many of these one bedroom units.
  • The ocean view on this property is very nice and will likely only get better looking directly ahead towards the white sandy beach that fronts Honua Kai and above the monkeypod tree canopy to the North of the resort through the two buildings at the Mahana and the Ka’anapali Beach Club. 
  • Private and quiet location with sun protection- Honua Kai is a very busy resort throughout the majority of the year. This property is located on the north side of the Honua Kai tower which does give it protection from the sun and very little passerby traffic. 
  • Solid rental income – Just about all of the units at Honua Kai are performing extremely well as vacation rentals. There are many properties at Honua Kai that will come very close to breaking even with a 25-30% down loan at current lending rates, current operating costs, and current income levels from a property management standpoint. Honua Kai properties represent some of the strongest ROI figures in the entire state ranging from 4-6% depending on the particulars. Based on what I have seen on comparable top performing properties, I would anticipate this property to gross somewhere between $80-$90k in annual gross income. For a detailed analysis please reach out to me. 
  • Priced to sell- My firm and I just represented the buyer and seller on the most recent one bedroom sale at Honua Kai. We sold Konea #710 a partial ocean view/panoramic mountain view one bedroom unit of 730 sq.ft. a couple months ago for $875K. This property is located on the other side (south side) of the Konea tower meaning that it does get a lot more sunshine and just has a very different feel looking at the Hokulani tower, the ocean, the island of Lanai, and the verdant slopes of the West Maui Mountains.

 

The ocean and Lanai island view from the covered deck at Konea #710. 

 

The Inside Track at Honua Kai

 

I am here to assist you in anyway that I can. I have represented 21 buyer/sellers at Honua Kai since 2011. I am an owner at Honua Kai, have run my own vacation rental program at this resort, and am now the Head of Accounts for Maui Resort Realty which has over 50 top performing vacation rental properties at Honua Kai. Please visit my blog entirely dedicate to Honua Kai that I have been writing since 2011 www.HonuaKaiBlog.com 

 

Aloha from Maui,

 

Jeremy Stice REALTOR (Broker #21286) Maui, Hawaii

Top 100 Realtor recipient in State of Hawaii 2014 & Top 50 in '15 

(808)281.2178 Direct

JStice@MauiResortRealty.com

10 Halawai Dr. Suite #A-3 Lahaina 96761

Maui Resort Realty lives in Lahaina, Maui Hawaii

 

 

 

 

 

 

Comments (20)

Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

This is a great area and your listing looks like a good opportunity for a Kaanapali buyer. Best of luck with the sale!

Apr 07, 2016 06:20 PM
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Jeremy Stice wishing you well with the marketing of your one bedroom property in Kaanapali.... your photos are eye catching and million dollar views....  hope you have many buyers....

Apr 07, 2016 07:38 PM
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

and welcome to ActiveRain....it's a great place to learn, share, market and network....and I hope you enjoy all of it....

Apr 07, 2016 07:39 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Best of luck with the listing - hope you get an offer soon!

 

Apr 07, 2016 11:29 PM
P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy
Keller Williams Realty Silicon Valley - Gilroy, CA
San Juan Bautista and Hollister as well!

Great Listing Jeremy. All the best for a quick and successful sale!

Apr 08, 2016 12:41 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Jeremy,
This looks amazing.  Welcome to the world of Active Rain blogging.  It is an extremely valuable platform to connect with other agents and potential clients.  I recommend you check out the "Resources" section and click on "Getting Started".

Apr 08, 2016 01:39 AM
Jeremy Stice

Aloha Carol,


Mahalo for the tip and positive encouragement! I will certainly take a look into the Resources section as you suggested. 

Apr 08, 2016 10:34 AM
Mimi Foster
Falcon Property Solutions - Colorado Springs, CO
Voted Colorado Springs Best Realtor

What a fantastic post! Welcome to the world of ActiveRain and blogging. I wish you nothing but success.

Please don't hesitate to ask if you have any questions.

Apr 08, 2016 05:16 AM
Michele Connors
The Overton Group, LLC Pitt & Carteret County - Greenville, NC
Your Eastern North Carolina Realtor

Magnificent location and views ! Lucky you for working in such a beautiful place !!!! Welcome to Active Rain !

Apr 08, 2016 05:25 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeremy, I could sit and watch their views for a very long time!    Lots of great information Honua Kai, and GREAT first post.  Welcome to ActiveRain! 

Apr 08, 2016 05:31 AM
Robert Vegas Bob Swetz
Las Vegas, NV

Hello Jeremy ...

Beautiful photos, welcome to ActiveRain and congrats on your first post.

Apr 08, 2016 06:42 AM
Jeremy Stice
Maui Resort Realty - Lahaina, HI
3rd Generation born and raised Maui REALTOR

Aloha Everyone,

A big Mahalo to all of you for your positive encouragement! I am actually not new to Active Rain, I did have a an old profile with a number of blog posts and other info. I just changed real estate companies and am re-investing a lot of blogging efforts into this platform because I am strong believer in it as you are. 

Perhaps I need to look into integrating my older account with my more recent one.

Has anyone does this before? Any tips?

Aloha and have a wonderful weekend! 

Apr 08, 2016 10:33 AM
Robert May
Robert W May - Lethbridge Real Estate - Lethbridge, AB
Real estate consulting

Welcome to activerain, there is a lot of good stuff to read here and a great community of members.  Feel free to add me or follow me and lets connect.  Thats a million dollar view!

Apr 08, 2016 12:45 PM
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Jeremy, what great photos to help showcase your listing.  And welcome to ActiveRain.  We'll have you addicted in no time.

Apr 08, 2016 02:04 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Some amazing beauty in your part of the world Jeremy!

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
Bob

Apr 08, 2016 04:05 PM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Jeremy,

This community looks absolutely beautiful. Goo luck with the sale! 

 

Apr 08, 2016 04:42 PM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

And...

Welcome to the Active Rain blogging community! 

Congratulations on your first post! 

Apr 08, 2016 04:42 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

Welcome back to ActiveRain. Best wishes with your new company!

Apr 08, 2016 08:38 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Welcome again to activerain - this is a great first post - We all look forward to more interesting posts from you - Good luck and I hope you enjoy it as much as I do!

Apr 08, 2016 10:20 PM
Mery Fernandez Empire Network Realty Luxury Brokerage
Empire Network Realty INC. - Orlando, FL
The Rise of An Empire, Let's Build Yours!

Hi Jeremy! Welcome to the world of Activerain, may your blogging  create a whole new chapter in your Real Estate Career.

Apr 12, 2016 01:57 AM