Montage Kapalua Bay Market Update: 2019 Sales on Track to Exceed 2018, 2017
In the first six months of 2019, Hawai’i Life Real Estate Brokers accounted for 15% of all sales within Montage Kapalua Bay. These sales totals are more than $5 million in volume.
Within the resort, there were 12 closed transactions in 2018. The total volume was nearly $59 million. Through the first six months of 2019, there have been 13 closed transactions. These have totaled more than $58 million in volume. There are an additional two properties currently under contract. If this trend continues, 2019 sales will surpass that of 2018. It will also surpass the 12 sales that were recorded in 2017.
What’s For Sale at Montage Kapalua Bay?
As of July 1, 2019, 10 properties totaling more than $40 million in volume are currently listed for sale at Montage Kapalua Bay.
The 10 properties for sale each have 3 bedrooms and 3.5 bathrooms. They range in price from $2,850,000 to $6,650,000. Square footage ranges from 2,065 to 2,904.
You may wonder to yourself — why is there nearly a $4 million price differential in these units if they all have the same number of bedrooms and bathrooms? At the Montage Kapalua Bay, as well as the entire state of Hawai’i, it’s all about the view. Know this — none of the views are bad, it’s simply that some are more stunning than others… especially from the higher floors and from buildings that are a little bit closer to the ocean. That’s why it’s essential to work with a real estate professional like Peggy Lyn Speicher.
Owners at Montage Residences Kapalua Bay experience Maui-style living in a world-class resort community with all the comforts of home. Montage Residences Kapalua Bay owners enjoy full access to Kapalua Bay, one of the world’s most beautiful beaches. Besides, it’s the perfect place to enjoy year-round sunsets and whale watching during the winter months.
For additional information, you can contact Peggy Lyn Speicher.