The Montage Residences at Kapalua Bay – Kapalua Maui

Kapalua Bay Cane and Canoe

What does it cost to buy a vacation home in the Montage Residences, Kapalua Maui?

West Maui’s newest luxury oceanfront resort has been seeing an increase in sales in 2019, with 6 closings already, compared to 3 in this time last year.

Most units are 3Bed/3.5Bath, with about 2,800-3,100 square feet of living space.  The 4Bed/4.5Bath units have over 4,000 sf of space.  Maintenance fees start at $4,140 per month and up to $4,775.

Homeowners can enjoy a resort lifestyle with access to all The Kapalua Resort has to offer, such as championship golf courses, numerous restaurants, beach walks and ocean activities.  Maui sunsets and whale watching are unparalleled.

 

Recent sales at the Montage Residences:

SOLD in 2019 – Year to Date:

  • 6 closed sales from January 1 – May 3, priced from $2,400,000 to $5,275,000
  • average and median sale price around $3,875,000
  • Day on Market ranged from 140 to 563, with an average and median around 300 days
  • 3 were cash buyers, 2 were 1031 exchange buyers, and 1 used a conventional mortgage
  • all condos were 3Bed/3.5Bath units

SOLD in 2018:

  • 10 listings 3Bed/3.5Bath units priced from $3,495,000 to $5,150,000
  • 2 listings 4Bed/4.5Bath units priced at $7,750,000 and $8,950,000

SOLD in 2017:

  • 12 listings 3Bed/3.5Bath units priced from $3,125,000 to $6,475,000

What’s for sale right now at the Montage Residences?

A good selection of luxury condos at this oceanfront vacation resort.

Many brand new offerings are coming on the market alongside resale units that have been recently remodeled.

  • 12 active listings priced from $2,795,000 to $7,875,000
  • average asking price is $4,183,063 and median asking price is $3,775,000
  • DOM varies from 7 days – 720 days, with an average of 123 days
  • all active units are 3Bed/3.5Bath
  • none are short sale or bank owned
  • 4 pending 3-Bed units priced from $3,150,000 – $3,795,000
  • 1 pending 4-Bed unit priced at $7,950,000

 

Looking for a luxury condo in West Maui?

Sales are up and it’s a good time to be buying here in the Residences.  Are you in the market?  Let me be your guide to finding the perfect vacation home for your needs.

Thanks for reading my blog…

Let me help YOU with your Maui real estate needs.

Georgie Hunter R(S) e-Pro, Hawai’i Life Real Estate Brokers
127 Hana Hwy. #G, Paia HI 96779
E-mail or call/text: 808 283-0635

Comment?

Your email address will not be published. Required fields are marked *

*