Luana Kai Sees Spectacular Unit Listed

Front Row Views: Luana Kai D202

Listed a few days ago, Luana Kai D202 is highly desirable unit that recently completed full on renovation with some of the best finishes available. The lighter tones of the unit neatly contrast the blues and greens of the outdoors and allows for a natural flow. With a spacious lanai just off of the living room, it’s easy to get lost maximizing the indoor/outdoor living spaces.

As a front row Luana Kai unit with direct ocean views, this unit is extremely desirable for its easy access to the beach and 2nd floor views. Offering 1 bedroom and 1 bathroom with 643 sqft., the unit is very spacious compared to other Luana Kai condos. Over the years, the unit has not been rented out as a short term rental and mainly kept for personal use. Check out the unit now and live the South Maui Lifestyle!

Listed at $810,000.

Luana Kai Market Update 2019

Sold prices here can vary widely based on things like view, location in the complex, rental income, and the level of upgrades. With almost 6 months completed, there have been 6 units sold for a running sales volume of just over $4 million. 66% of units sold were able to find a buyer within 4 months of being listed, while only one unit needed longer than 6 months to sell. For buyers looking to put a value on Luana Kai, buyers should expect to pay $450-$875 per sqft.

Obviously the perimeter units facing the ocean are valued the highest because of their ocean view capabilities. On the low end, a buyer can pay as low as $400k and it can come with a variety of upgrades. While on the opposite end, another buyer can pay just a little under $900k for a premium unit with upgrades comparable to that of Wailea condos for sale.

The Luana Kai market had a good year in 2018 with 9 units sold for a total sales volume of $4.88 million, good enough for an average sold price just under $550k and average of 0.75 units sold per month.

If you’d like a deeper dive into the market to do your own research, check out our Luana Kai sold data.

  • Number of Luana Kai condos sold: 6
  • Average sold price: $673,143
  • Median sold price: $711,500
  • Highest priced unit sold: $775,860
  • Lowest priced unit sold: $445,000

Luana Kai Condos For Sale

Luana Kai currently has 4 units for sale with 75% of them being listed in 2019. The units are concentrated in the upper price point with two listings in each of the $700k and $800k ranges. 50% of the listings have come to market within the last month and have been priced to attract interest.

Many favor the complex for its beachfront location in Kihei and close proximity to dining options and the grocery store. The community is primarily used as a vacation rental complex with an onsite property management in charge of running and maintaining the common the areas.

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940 S KIHEI RD D202

940 S KIHEI RD D202
Price: $749,900
Status: ACTIVE
Building Name: Luana Kai
Unit: D202
Waterfront: BeachFront
Beds: 1
Baths: 1
SqFt: 643
Address: 940 S Kihei Rd
City: Kihei
State: HI
Zip: 96753

940 S KIHEI RD D205

940 S KIHEI RD D205
Price: $699,000
Status: ACTIVE
Building Name: Luana Kai
Unit: D205
Waterfront: OceanFront
Beds: 1
Baths: 1
SqFt: 643
Address: 940 S Kihei Rd
City: Kihei
State: HI
Zip: 96753

940 S KIHEI RD D305

940 S KIHEI RD D305
Price: $839,900
Status: ACTIVE
Building Name: Luana Kai
Unit: D305
Waterfront: OceanFront
Beds: 2
Baths: 2
SqFt: 963
Address: 940 S Kihei Rd
City: Kihei
State: HI
Zip: 96753

940 S KIHEI RD C-308

940 S KIHEI RD C-308
Price: $800,000
Status: ACTIVE
Building Name: Luana Kai
Unit: C-308
Waterfront: OceanFront
Beds: 2
Baths: 2
SqFt: 948
Address: 940 S Kihei Rd
City: Kihei
State: HI
Zip: 96753

See a complete list of Luana Kai Condos For Sale

Contact a South Maui Real Estate and Lifestyle Specialist

Please interview me to be your trusted Maui Real Estate and Lifestyle Advisor. I was born and raised on the island, and spend a considerable amount of time to inform my clients about the best deals currently on the market. Please do not hesitate to call me for your Maui real estate needs. I am more than happy to assist you in your home search.

Aloha,

Anthony Sayles R(S

)808-280-6532

Anthony@DanoSayles.com

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