Kapalua Real Estate: Condominium Listings and Sales Activity

In the Kapalua Resort, there are several different condominium communities presenting a wide variety of options–you’ll find everything from oceanfront to golf course views; one bedroom villas to four bedroom penthouses.  Each neighborhood has it’s own unique characteristics and individual market conditions. A summary of the various neighborhoods follows (click on the links to view more information about the property and access active listing information):

The Residences at Kapalua Bay

The Residences are set in one of Kapalua’s most spectacular locations–overlooking Kapalua Bay.  Comprised of 164 2-4 bedroom condominiums and a mix of whole and fractional ownership, the property is soon to be under new ownership.  Formerly, the Ritz-Carlton Club and Residences, Kapalua Bay, Timbers Resorts took over management with a contract through June 30, 2013.  After undergoing a foreclosure proceeding at the end of January 2013, it is expected the title will transfer to the lender based Joint Venture this summer, and an operator will be confirmed shortly.  Once that process is complete, it is anticipated that a sales program will be announced and sales of the remaining inventory could start as early as the third quarter of this year.

The Residential Suites at the Ritz-Carlton, Kapalua
Active Listings: 4
Price Range: $720,000 to $998,500
Pending Sales: 0
Sold since 1/2013: 1 Two Bedroom Suite
Residential Suites 1526/28: $1,850,000

The Coconut Grove on Kapalua Bay
Active Listings: 1
Price Range: $4,689,000
Pending Sales: 0
Sold since 1/2013: 1 Three Bedroom Villa
Coconut Grove 29 $4,196,500

The Kapalua Ironwoods
Active Listings: 3
Price Range: $2,650,000 to $4,375,000
Pending Sales: 0
Sold since 1/2013: 0

The Kapalua Bay Villas
Active Listings: 27
Price Range: $775,000 to $2,1o0,000
Pending Sales: 1
Sold since 1/2013:
One Bedrooms:
Bay Villa 30G2 $795,000
Bay Villa 36B3 $1,250,000

The Kapalua Ridge Villas
Active Listings: 15
Price Range: $645,000 to $1,395,000
Pending Sales: 1
Sold since 1/2013: 1
Ridge Villa 1223-24: $1,300,000

The Kapalua Golf Villas
Active Listings: 8
Price Range: $550,000 to $995,000
Pending Sales: 1
Sold since 1/2013: 7
One Bedroom:
Golf Villa 20T56 $479,000
Golf Villa 11T67 $625,000
Two Bedrooms:
Golf Villa 14T67 $491,000
Golf Villa 17P56 $525,000
Golf Villa 27P34 $770,000
Golf Villa 14P56 $780,000

I hope you found this overview helpful.  Please don’t hesitate to contact me with any questions at cb@LuxuryRealEstateMaui.com