The Montage Kapalua is one of the newest resort developments in Kapalua and is regarded highly among buyers for its exclusivity, privacy, and all around luxury. The Market is an interesting mix of resale units and new developer offerings.
In this case, we were happy yo help our buyers close on a stunning new developer offering 4th floor villas with more than 3500 sqft of living space. Offering 3 bedrooms, 3.5 bathrooms, and an expansive lanai, the floor plan is a flexible layout perfect for any West Maui lifestyle.
Sold for $3,195,000
Montage Kapalua Market Update 2019
The 2019 Montage Kapalua is on pace for a great with 18 units sold through 9 full months for a running sales volume of just over $76 million. The sales have been a mix of developer offerings and resale units; new developer offerings slightly edge resale units 10 to 8. Only one of the units sold needed longer than a year to close with 33% of the villas finding a buyer in less than 2 months.
Since the start of summer, sales picked up dramatically with 66% of the sales coming since the start of May. Enjoying the Kapalua lifestyle does not come with a low barrier to entry and buyers will certainly have to fork out hefty premiums to enjoy the relaxed and vibrant lifestyle. On the lower end of the market, buyers are paying around $2.4 million + a $4000/month maintenance fees for 3 bedroom units. The Montage Kapalua market is on par with the Wailea condos for sale and is even more prestigious than some of the Wailea complexes.
To get a better idea of the market, check out our Montage Kapalua sold data.
- Number of Montage Kapalua condos sold: 18
- Average sold price: $4,235,833
- Median sold price: $3,597,500
- Highest priced condo sold: $7.95 million
- Lowest priced listing sold: $2.4 million
With over $24 million in inventory, Montage Kapalua Condos For Sale are a rare opportunity to buy into West Maui’s most coveted condo development. Ran in conjunction with the Montage brand, buyers receive access to all Montage properties across the nation.
The best way to stay in touch with the market is by subscribing to our Montage Kapalua new listing email alerts.
- Number of Montage Kapalua condos for sale: 6 (2 resale units)
- Average asking price: $4,056,666
- Median list price: $3,272,500
- Highest priced condo for sale: $6.65 million
- Lowest priced listing: $2.85 million
- Number of units in escrow: 0
Contact a 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.
Anthony Sayles R(S)