![]() There is just one remaining oceanfront lot in Kapalua, which sold in 2020 for $8,000,000 and $108/sq. View Plantation Estates Homes for Sale HONOLUA RIDGE HOMES View Honolua Ridge Homes MAHANA ESTATES HOMES View Mahana Estates Homes KAPALUA PLACE & OCEANFRONT HOMESÄ© Bay Drive is an oceanfront 7B/10B home on 9.63 acres listed at $41,900,000 KAPALUA HOME SALES PINEAPPLE HILL & PINEAPPLE HILL ESTATES View Pineapple Hill & Pineapple Hill Estates Homes PLANTATION ESTATES AT KAPALUA HOMES There are also three homes on oceanfront points within the Resort that aren't a part of a formal subdivision. Kapalua is comprised of several distinct communities, yet all flow together due to strong architectural and design guidelines: Pineapple Hill & Pineapple Hill Estates, Mahana Estates, Honolua Ridge, Plantation EstatesPhases I and II, and Kapalua Place. View Ritz-Carlton Residences Kapalua for Sale KAPALUA RESIDENTIAL MARKET UPDATE Kapalua's Residential Communities with an increase in the sales price to list price ratio as well. The Ritz-Carlton Kapalua also saw an increase in the average sales price/sq. View Montage Residences Kapalua Bay for Sale Ritz-Carlton Kapalua Residences The number of sales was similar to 2020, but the volume was significantly higher. as they are directly oceanfront residences that often command a higher price. With only eight ever built, these seldom come up, but when they do sell, they command a high price that does impact the average sales price and price per sq. ![]() It is noteworthy that the high sale in 2021 was a four bedroom residence. While the record high sale was in 2021, the average sales price did increase at Montage as did the average sales price/sq. View Kapalua Ridge Villas for sale Montage Residences Kapalua Bay The sale of a two bedroom villa set a record high of $1,900,000. In 2022, similar to other properties, the available inventory at the Ridge Villas was quite limited. View Kapalua Golf Villas for Sale Kapalua Ridge Villas In 2022, the Golf Villas experienced about half of the sales of 2021, but like other properties, the sale of a renovated two-bedroom in 21 building set a record high, thereby increasing the average sales price and price per square foot dramatically. View Kapalua Bay Villas for Sale Kapalua Golf Villas That said, the number of sales was much closer to 2020 figures. This also served to increase the average sales price. In 2022, the Bay Villas also saw a record-high sale of an oceanfront villa. View Kapalua Ironwoods for Sale Kapalua Bay Villas The number of sales matched those in 2020. In 2022, the average sales price was buoyed by a record sale of a renovated oceanfront residence. Since 2020 about 30% of the residences at the Ironwoods changed hands. Those listings and sales are not accounted for in these figures. *Note Ironwoods 102 was purchased by Pacaso and has been sold off in 1/4 interests. View Coconut Grove Kapalua units for sale Kapalua Ironwoods* Note: in 20 combined there were 8 sales, which represents 22% of the inventory to change to new ownership. The reason for this is that all sales in 2022 were oceanfront, while in 2021 there was a second-row sale. The low sale was significantly higher than in 2021. In 2022, there were just two sales at Coconut Grove. Key Stats by Community How does the market in 2022 stack up for each community when compared with prior years? Coconut Grove on Kapalua Bay The Kapalua Ridge Villas and Kapalua Golf Villas both are located on the Kapalua Bay Course with ocean and golf course views. The Kapalua Bay Villas, Kapalua Ironwoods, The Coconut Grove on Kapalua Bay, the Montage Residences Kapalua Bay and the Ritz-Carlton Kapalua Residences are all oceanfront properties nestled along the Kapalua Resort's spectacular shoreline. Kapalua is home to several different condominium communities, with offerings ranging from one to four-bedroom condominiums. KAPALUA MARKET UPDATE: 2022 Year in Review
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