Montage Residences Kapalua Bay (Lahaina, HI)
By Courtney Brown, Realtor (S) Vice President, Live a Maui Life!
(Island Sotheby's International Realty)
Montage Residences Kapalua Bay: Record Sales for West Maui At the Montage Residences Kapalua Bay, two condominium residences recorded today for a record breaking $7,750,000 and $8,250,000.  Per the Maui MLS service, prior to this, the highest sale recorded in West Maui was $5,735,000.  This was also at the Residences in 2010, when it was branded the Ritz-Carlton Club and Residences, Kapalua Bay. Originally developed with 84 luxury condominium residences and 62 fractional residences, there were 13 purchased by private individuals and 15 by Exclusive Resorts at the time of the initial offering.  The property was foreclosed on in early 2013, and has since been rebranded the Montage Kapalua Bay and sales of the remaining developer inventory have begun.  There have been 5 sales ranging from...
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By Courtney Brown, Realtor (S) Vice President, Live a Maui Life!
(Island Sotheby's International Realty)
A new Residence has just been listed at the Montage Residences Kapalua Bay. Residence 2602, listed at $4,600,000, is the first condominium offered for resale at the Residences since 2011. Originally branded the Ritz-Carlton Residences at Kapalua Bay, the developer sales began closing in 2009 and ended in 2011.  The Residences are some of the largest condominiums offered for sale in Maui, with floorplans ranging from 2789 sq. ft. to 4055 sq. ft.   The Residences at Kapalua Bay Sales History:  There has been only one resale, 1305, which closed at $2,850,000 in 2011.  Original developer sales prices ranged from $2,800,000 to $5,735,000, the highest price paid for a condominium in West Maui.   Over the past decade there have been close to 40 condominium sales over $5,000,000 on Maui.  Sale...
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Lahaina, HI Real Estate Professionals