Market Trends

Kapalua Plantation Estates | Winter 2020 Market Report

As part of my commitment to keeping the community informed about West Maui‘s, micro market real estate environment, I’m bringing you an up-to-date, comprehensive property market summary of Plantation Estates, Kapalua’s premiere, world class luxury, residential golf and resort community.

What You’ll Find  

  • Actual Sales Prices: learn exactly how much specific properties sold for
  • Sales Volume: see the strength of the market in terms of how many properties sold
  • Days on Market: understand how long it takes the average property to sell
  • List Price vs. Sold Price: see how the final sales price compares to the listing price
  • Price Per Square Foot: which is critical in calculating real estate values
  • Asset % Growth: what is the yr over year appreciation if my property
  • Current Inventory: what is actively for sale and currently under contract

Before we dig into the numbers, make sure you subscribe to my blog if you want to be notified of future market reports as they come available.

Kapalua Plantation Estates: 2019/2020 | Market Headlines

  • While there has yet for any sales to happen in 2020 – Kaanapali Plantation Estates transacted on 3 properties in 2019, matching the 2018 total and on par historically with per/year averages.
  • 2019’s average sales price of $4M – on the surface it appears property values have increased +29% year over year and +37% since 2017.
  • However, as outlined below, the numbers are a bit sensationalized. The top selling property, 704 Mokulei Pl sold for $6M. While the other two, sold for under $3.25M and were located in KPE’s Honolua Ridge subdivision (higher elevation).
  •  The average days on market from time of listing to closing was 306 days (71 days longer than 2018).
  • It’s a competitive landscape – Currently there are 9 actively listed KPE properties for sale ranging in price from $3M – $10M
  • Takeaway – It shows that location in PE matters, and modern design and/or newly remodeled fantastic properties at KPE can still command top billing. The others that are dated or need work struggle, and sales are driven by price.

Plantation Estates: Historical Sales Summary (click on the images/links for interactive)

Year Avg List Price Avg Sold Price List Sell Yr Gr DOM # Sold
2019 $4,791,667 $4,040,000 84% 29% 306 3
2018 $3,595,000 $3,131,100 87% 8% 235 3
2017 $3,097,500 $2,887,500 93% -43% 78 2
2016 $5,542,500 $5,067,500 91% 20% 216 4
2015 $5,163,000 $4,223,333 82% 28% 366 3
2014 $3,750,000 $3,300,000 88% 8% 310 2

Kapalua Plantation Estates Comparative Market Analysis

Want to Know More?

If you are in the market for buying or selling Kapalua real estate or have any questions about the area or the market in general, please feel free to contact me. I welcome the opportunity to give you information on my previous sales performance and marketing strategies. Or if you’re curious about what your property is worth in today’s market, it would be my pleasure to provide you with property information and a value assessment free of any sales pitch.

Related Articles:

Kapalua’s Mahana Estates: Luxury Home Sites Now Selling

Million Dollar West Maui | The Nuts & Bolts

About the Author

Jeff Onderko

Jeff Onderko is a REALTOR Broker with Hawai'i Life. West Maui Real Estate Broker, and ultra enthusiastic advocate of Maui's Lahaina, Kaanapali and Kapalua areas. I truly believe it's an honor & privilege to call Hawaii home. For 17 years now, West Maui is where I live, work and play. My team and I specialize in resort market home and condominium sales striving to deliver the highest level of professional service possible. With $50M+ sold, a panache for extensive statistical research and 100+ published real estate articles since 2015. I'm relevant, information driven and responsive. I bring a passionate energy, an entrepreneurial understanding and a client-first approach to my real estate business. Prior to becoming a Realtor, I was an independent publisher, starting and operating Maui, Kauai and Hawaii Real Estate Weeklies, Maui Time Weekly (partner), and in 2005, I was a Mayors Small Business Award finalist. In 2009, after seeing the demand and living in an under serviced pet market, alongside my Mom, Susan we opened West Maui Pet Supply. I started my career after college as an account executive with Orlando Weekly ultimately becoming their Advertising Director. Then I moved on to Advertising Sales Manager at Orange County Weekly, in Southern California. I am native of Detroit, Michigan, but grew up in Florida splitting time between Miami, Orlando and Cocoa Beach, Fl. I was a scholarship soccer player at the University of Central Florida and graduated with a BA from their School of Communication. Always attracted to healthy lifestyle, adventure, great weather, water sports and the outdoors, I moved to Maui in the summer of 2002. When the Realtor hat comes off, I'm active in the community coaching U-14 Boys Soccer (AYSO - West Side Pride) and I still play in the West Maui open division. I'm involved along with other fellow Hawaii Life comrades volunteering regularly at the Ka Hale A Ke Ola Shelter in West Maui and I'm on the Board of the Hawaii Life Charitable Fund. Through the outlet of the WM Pet Supply, I was heavily involved with the Maui Humane Society & ASCPA getting animals adopted & spayed/neutered. When I have free time you'll find me surfing, golfing, at the gym, a regular at yoga class, hanging at home with my animals or working in the backyard on my organic micro-farm (aka: food garden). You can email me at or via phone at (808) 280-4881.

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Raejeana Schwartz

March 4, 2020

Great job. You seem to care a lot about Hawaii, that cool. If Hawaii want to stop litter blowing from the beach into the ocean, they need this new mat. Just wanted to help.

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