Market Intelligence

Low Condo Fees at Napili Villas

When it comes to finding a development with the lowest maintenance fees, Napili Villas is definitely the winner at $0.4 per sf of living area. By comparison, the average maintenance fee for oceanfront properties is $1.20/sf.

Low Maintenance Fees

The maintenance fees at Napili Villas cover all common area expenses (water, trash pick up, landscaping, salaries for maintenance crew, electricity for the common area, etc), maintenance of the exterior of the buildings, insurance for the buildings and contribution to reserves. The reserves are to be used for major capital improvements like roofs, common plumbing or electrical systems, roads, etc.

Napili Villas

The low maintenance fees at Napili Villas (mid $300 for 2bd units) are due to several factors:

  • Well managed development. Quam Properties Hawaii does a terrific job as a site manager, it is very responsive and diligent.
  • Financially sound. The Board of Directors is the body that plans and implements the yearly budget and the capital improvements.
  • Distance from the ocean. Although one can access the ocean  in just a few minutes, Napili Villas is far enough as to not have a high insurance cost for the buildings.
  • Limited number of amenities.
    • Napili Villas does not have high cost amenities like elevators, gates or  pools. Napili Villas has an area that works as French drain during heavy rains and it is used as a park otherwise. Landscaping is rather minimal and  the Japanese orchid trees that line every street in the development, look beautiful when they bloom in late spring.

Napili Villas sunset

In addition to the monthly maintenance fees, owners of Napili Villas must pay for electricity, cable/internet, and property tax.

The table below shows data for active, pending and sold units, since the 01/01/2020 and their respective maintenance fee.

Status MLS # Bldg Nm Address Unit L Price Liv-SF Bds Bths Monthly Maint Fee DOM Sold Price Close Date
ACT 387210 Napili Villas 46 Polohina Ln 20-6 $539,000 894 2 2 $361.61 27
ACT 386522 Napili Villas 107 Punohu Ln 4-3 $545,000 823 2 2 $332.89 100
ACT 386347 Napili Villas 22 POLOHINA Ln 16-2 $579,000 894 2 2 $362.00 114
ACT 384818 Napili Villas 10 Polohina Ln 2-2 $699,000 894 2 2 $361.61 241
SLD 385099 Napili Villas 127 Punohu Ln 7-4 $509,000 823 2 2 $361.61 123 $509,000 3/23/2020
SLD 385432 Napili Villas 6 Kiohuohu Ln 21-2 $559,000 823 2 2 $332.89 71 $540,000 2/28/2020
SLD 385767 Napili Villas 12 Kiohuohu Ln 22-1 $638,000 1,094 3 2 $442.50 70 $618,000 3/30/2020

Want to Know More About Napili Villas?

Please click here to see any of these listings. Give us a call should you want to view any of these properties in person.

Comments (0) Show CommentsHide Comments (Remember)

Cool. Add your comment...

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

Leave your opinion here. Please be nice. Your Email address will be kept private, this form is secure and we never spam you.

More Articles from Hawaii Life