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Honua Kai

Condos For Sale

Click to See Recent Sales

What is it that makes the Honua Kai and Luana Gardens Resort so special?

 The answer is simple.

 It is the most “world-class” and recently built fee-simple condo complex in all of Maui. Not to mention, it also offers some of the most significant returns on investment of any complex in Hawaii as well.

 The reason is because discerning vacationers from all over the world are willing to pay a premium for these types of digs.

 What does that mean for you, a potential future Honua Kai unit owner?

 It means higher returns, more occupancy, and a very good upside on your equity return.

Looking for a Maui Realtor to List your Maui Condo For Sale at Honua Kai? Call Eric West Maui Listing Agent to get on this website for first page search results on Google & Youtube. Exposure to thousands of buyers on day one. 

Honua Kai Active Listings

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Photo of Listing #387600

130 Kai Malina Pkwy Nr332, Kaanapali, Hawaii - $1,149,000 Fee Simple

Condo / Townhouse, Condo
  • 2 Beds
  • 2 Baths
  • 1,080 SQFT
  • 2 DOM
View details More Photos Save

K332 Is Now For Sale! This 1080 Sq Ft Two Bedroom Has It All, And Priced Attractively, This Home Is The Best Valued Two Bedroom Home Available On The Resale Market At Honua Kai. Enjoy The Mountain Breezes And Privacy From Your Lanai. K332, A 2...

Listed by: Susan Jackson Real Estate
Photo of Listing #387559

130 Kai Malina Pkwy Nr146, Kaanapali, Hawaii - $989,000 Fee Simple

Condo / Townhouse, Condo
  • 1 Bed
  • 1 Bath
  • 780 SQFT
  • 4 DOM
View details More Photos Save

Konea 146 Is For Now For Sale. This 1 Bed/1 Bath Home Offers The Largest One Bedroom Floorplan That Is For Sale At Honua Kai. Soaring 11 Foot Ceilings Coupled With A Very Spacious Lanai Make This Home Truly Inviting. It Is Conveniently Located ...

Listed by: Susan Jackson Real Estate

130 Kai Malina Pkwy Nr534, Kaanapali, Hawaii - $1,450,000 Fee Simple

Condo / Townhouse, Condo
  • 2 Beds
  • 2 Baths
  • 1,230 SQFT
  • 11 DOM
View details More Photos Save

This Private Corner Unit With Gorgeous Mountain, Resort And Partial Ocean Views Features Spectacular Rainbows At No Extra Charge. Unique, Oversized Floor Plan With 2 Master Suites And Lots Of Storage And The Floors Have Been Replaced With A Stunni...

Listed by: Keller Williams Realty Maui-L

130 Kai Malina Pkwy Sr1034, Kaanapali, Hawaii - $1,349,888 Fee Simple

Condo / Townhouse, Condo
  • 2 Beds
  • 2 Baths
  • 1,235 SQFT
  • 35 DOM
View details More Photos Save

Beautiful Penthouse Hokulani 1034*2 Large Master Suites* Private Corner Unit With Gorgeous Mountain, Resort And Partial Ocean View* Beautiful Rainbows*unique Floor Plan*lots Of Storage*honua Kai Is Ocean Front* Great Area For Snorkeling*multiple P...

Listed by: Kaanapali Luxury Vacation Rentals

130 Kai Malina Pkwy Sr832, Kaanapali, Hawaii - $810,000 Fee Simple

Condo / Townhouse, Condo
  • 1 Bed
  • 1 Bath
  • 620 SQFT
  • 42 DOM
View details More Photos Save

Sitting High In The Hokulani Tower, This 8th Floor One Bedroom Home Offers Commanding Views Of The West Maui Mountains From Both Inside The Home And From Its Spacious Lanai. Priced Very Competitively At $810,000 (the Lowest Priced Home At Honua Ka...

Listed by: Susan Jackson Real Estate

130 Kai Malina Pkwy Sr233, Kaanapali, Hawaii - $995,000 Fee Simple

Condo / Townhouse, Condo
  • 1 Baths
  • 583 SQFT
  • 64 DOM
View details More Photos Save

This Courtyard Studio Retreat Rests On 33 Acres Of Maui Ocean Frontage. Offering Quick Access To The Beach And Seamless Indoor-outdoor Living. Upgrades Include Top To Bottom Moving Glass Nana Walls And Central Air Conditioning. Bask Along The Sand...

Listed by: Coldwell Banker Island Prop(L)

The Honua Kai Condos are located 130 Kai Malina Parkway, Lahaina Maui Hawaii 96761. This spectacular property was built in 2008 and consists of 39 world-class beachfront acres. The TMK is 2-4-4-014-006. The two concrete structures have ten floors and consist of 629 studio, one, two and three bedroom suites (318 in Hokulani Tower, 311 in Konea Tower) with one to three baths ranging from 555 square feet to 2280 square feet.  Please watch this short video review of the Honua Kai that I created with aerial drone footage of the property. 

 

         

Watch my YouTube channel https://www.youtube.com/hawaiirealestateorg

For hundreds of informative videos about Hawaii and Real Estate

 

 

This is a fee simple property.  Both short term and long term rentals are allowed. Amenities include recreation areas, bbq area, 3 pools Beach acess right next to  "Duke's Beach House" Restaurant, A Gourmet Market, Kid's Camp, State of the Art Fitness Center,  Cabanas, Hot Tubs, Outdoor BBQ, Resort Hotel Services. Pets are not allowed. Click here to read more..

The HOA Fees are $1.42 PSQ (per square feet of interior space) and pays for your sewer, landscaping, cable, insurance, maintenance, and management. 

        Do you have questions about the Honua Kai or other properties in West Maui? Contact me directly - I have nearly a decade of experience buying and selling properties in the West Maui market and would be happy to be of assistance. Call or Text  808-298-2030 or hawaiisbest1@gmail.com Aloha!

 

 

 

 

 

What is it that makes the Honua Kai condominium complex so special?

 The answer is simple.

 It is the most “world-class” condo complex in all of Maui. Not to mention, it also offers some of the most significant returns on investment of any complex in Hawaii as well.

 The reason is because discerning vacationers from all over the world are willing to pay a premium for these types of digs.

 What does that mean for you, a potential future Honua Kai unit owner?

 It means higher returns, more occupancy, and a very good upside on your equity return.

 With the developer almost out of inventory on two bedroom units, you will be pleasantly surprised how the market will respond when the supply and demand curve changes. (Since right now the developer is basically controlling the market)

 If what happened with the one-bedrooms happens with the two bedrooms, you can expect a significant equity growth.

 (That is of course of you purchase a two-bedroom while the developer was still selling that inventory)

 Since the inception of this property it has been an absolute favorite among over 600 individual investors around the world.

 So what's the inside story with this complex? I’ve been asked by buyers “Why are some of the sales figures from 2010 higher than those selling in 2015?”

 The reason is simple. Pre-sales were made at this complex PRIOR to the crash.

Honua Kai Map

 And it was an astounding fast sell out! This was of course way back in 2006 (when the market was booming) and before the units were even built! And as a result many of those people that went under contract (with big deposits) decided to (read HAD to) pull out due to financial inability.  And the ones that didn't, ended up purchasing units at much higher than market rate values due to the commitment they made in 2006.

 Then the developer hired a new fantastic on-site sales team and they actually **lowered** prices from the initial offering.

 So most of the sales in 2010 are not truly indicative of the market conditions, rather the contracts committed to prior to the crash.

 The good news for the post crash buyer was a massive equity growth once the developer ran out of inventory. A great example is the one-bedrooms. Many were sold after the crash and then once developer inventory ran out, prices soared on the open market.

 The same scenario is likely to unfold with the two bedrooms.

 So here are some of the most common questions I get from people shopping at Honua Kai. 

 What do the monthly maintenance fees cover?

 These fees cover the cost of water, sewer, garbage removal, landscaping, elevator maintenance, insurance, pool, property taxes for the common areas.

 Another common question is what are the taxes?

  If you don’t live in the unit as a full time resident (and use it for short-term vacation rental) the  taxes are $9.11 per $1000 of assessed value (subject to change or should I say increase!)

 How much do these one and two bedroom units gross in annual revenue?

 A good one bedroom unit can do close to $100K. And an average two bedroom from $120- $150,000!

 With interest rates as low as they are today, it would be possible to still make a very good return with just 30% down.

 Another common question is, “Who should I use to manage my Honua Kai rental property?”

 You have two options in this area. 

 One is to using the on-site management company, and the other is to use an off-site management company.

 (Or you could do it yourself on VRBO, but that I don't recommend doing. People come to this resort and expect a very high level of service. That’s pretty tough to deliver with a VRBO type value proposition.)

 I'm actually very impressed with the on-site company! They only charge 35% and they are ready to handle any problems instantly. They clean the rooms every other day. Your guests can use the facilities in the resort and charge to the room, use the on-site Wi-Fi, and also have access to a special concierge desk (same place they are greeted and checked in.)

 I think this is the type of experience people expect when paying big dollars for a nightly rate.

 And if a guest “dings”  or scratches one of your interior walls…the on-site company will re-paint the whole wall!

 Another question I get a lot is which tower is better?

 Hokulani, or the Konea tower?

 They are both actually awesome!!

 But there are differences.

 Hokulani was built first (and as such is a little less “new”…but not much) It has a more “developed” lobby with the gourmet store, real estate office, and concierge/activities desk. A lively energy so to speak.

 Whereas the Konea tower (which by the way is  also a VERY nice lobby) does not have all those services happening. So that tower feels much quieter and with less perceived amenities available on that lower level.

 The good news for Konea is the rooms have been improved over Hokulani prior to construction, based on the experience of building the first tower. So rooms have more options, larger feel and more creative layouts.

 I believe the views are similar at both properties (but now with the construction at the Westin to the South of Hokulani, some of views to the south will be negatively affected. (For example you used to be able to see Black Rock from many of the rooms….not so anymore) You can also expect a 25% reduction in your vacation rental income during construction, and plenty of dirt and dust blowing onto your lanai on the South side of Hokulani.

 Not something you have to “deal with” at the Konea tower.

 Overall though, views at the Honua Kai are downright killer.

 I find most people really like the ocean views of the two bedrooms down the center or side of the courtyard (vs. the views out to the north and south)

 And of course most of the one-bedrooms have direct west Maui mountain views. With the exception of ONE stack that faces the courtyard  (call me to find out which ONE, and when the next one comes on the market!)

 Here are just some of the aspects of this Maui Real Estate offering that make the Honua Kai such a special place.

 Number one is the fact that it's right on the North Kaanapali sandy beach! It does not get any better in terms of calm, swimmable water, soft sand and very good snorkeling and scuba diving. BTW, I go there all the time to wind down after hectic day of real estate showings and contract writing!

 Next, in my opinion are the views of the ocean and mountains, the Hoola spa, the luxurious pools, Dukes restaurant, on-site deluxe gourmet convenient store. I also love the gourmet outdoor barbecues! My favorite place to gather round,  drink a beer (or two ;-) and grill my favorite piece of meat or local caught Hawaiian fish.

(Don't forget the fact that this is NOT a leasehold property, rather a fee simple. That means no EXTRA monthly leasehold payment every month and no looming lease re-negotiation every 10 years!)

 But if I REALLY had to put my finger on “IT” there are two things that REALLY make this property stand apart from the rest.

#1 The rooms really are WORLD CLASS! These are EPIC fines finishes throughout. 

#2 The on-site management company. I realize many owners have flocked to outside companies to pay a 10% reduction in fee, but I think that has really forced the on-site to *step up* their game in a big way.  Not only did they reduce the fee from the initial 50% with a 5 year contract, but now they are at 35% with only a two year contract.

 And they really do such a meticulous job of maintaining these units (keeping them in absolute pristine condition.) And that to me is something that protects your investment more than anything else. There's nothing worse than a condo that starts to show the signs of wear and tear and heavy use from constant influx of vacation rental use. The management company is doing a great job worthy of such a world-class destination.

 In a nutshell....Honua Kai rocks.

It’s that simple.

You really have to see it to understand the depth of the value proposition this represents in the market today. As a matter fact, more second home vacation investment dollars have been invested into this project than any other on Maui in the last 5 years. And there is a good reason. It’s plain worth it as an investment.  And one of the few investments you and your family will thoroughly enjoy, year in and year out.

Call Eric West today for more details.  

 

 

 

 

Recent Sales of Condos at Honua Kai

Photo of Listing #385019

130 Kai Malina Pkwy 818, Kaanapali, Hawaii - $995,000

Condominium, Condo
  • 1 Bed
  • 1 Bath
  • 700 SQFT
View details More Photos

Sold Before Listed

Maui Resort Realty
Photo of Listing #386559

130 Kai Malina Pkwy Sr408, Kaanapali, Hawaii - $800,000

Condominium, Condo
  • 1 Bed
  • 1 Bath
  • 700 SQFT
  • 21 DOM
View details More Photos

Rarely Does A Larger One Bedroom Partial Ocean View Home Become Available For Resale At Honua Kai. Hokulani 408 Enjoys It All – From Partial Ocean View To Mountain View To Resort View From Its Lanai. Enjoy Cooking With Your Fully Equipped Bosch ...

Susan Jackson Real Estate
Photo of Listing #386248

130 Kai Malina Pkwy Sr437, Kaanapali, Hawaii - $1,040,000

Condominium, Condo
  • 1 Baths
  • 595 SQFT
  • 32 DOM
View details More Photos

H437, With Great Unobstructed Views Of The Pacific Ocean Offers The Largest Studio Floorplan Available At The Resort, Complete With Larger Bath Vanity And Extra Closet Space. The Home Will Convey To The Buyer With A New Living Area Sleeper Sofa. ...

Susan Jackson Real Estate
Photo of Listing #386419

130 Kai Malina Pkwy Nr407, Kaanapali, Hawaii - $1,550,000

Condominium, Condo
  • 2 Beds
  • 2 Baths
  • 1,315 SQFT
  • 43 DOM
View details More Photos

Terrific Ocean Views From Honua Kai – Konea Tower #407. This 4th Floor Prime 2 Bedroom 2 Bath Interior Courtyard Condo Is Arguably One Of The Most Sought After Locations In The Entire Property. Relax On Your Spacious Lanai While Taking In The Pict...

Sullivan Properties Inc
Photo of Listing #382975

130 Kai Malina Pkwy Sr 419, Kaanapali, Hawaii - $957,000

Condominium, Condo
  • 1 Baths
  • 595 SQFT
  • 44 DOM
View details More Photos

Hokulani 419 Is A Highly Desired Ocean View Studio In The Honua Kai Resort. This Home Offers Dramatic Views Of The Neighboring Islands From The Interior As Well As A Fantastic Open Floor Plan. Brand New Carpet Recently Replaced In May Of 2019. The...

Coldwell Banker Island Prop(L)
Photo of Listing #384633

130 Kai Malina Pkwy Sr732, Kaanapali, Hawaii - $777,000

Condominium, Condo
  • 1 Bed
  • 1 Bath
  • 620 SQFT
  • 49 DOM
View details More Photos

H732 Is Available For Sale! Sitting High In The Hokulani Tower, This One Bedroom Home Offers Commanding Views Of The West Maui Mountains From Both Inside The Home And From Its Spacious Lanai. Priced Very Competitively At $809,900, H732 Offers A ...

Susan Jackson Real Estate
Photo of Listing #384891

130 Kai Malina Pkwy Sr837, Kaanapali, Hawaii - $1,050,000

Condominium, Condo
  • 1 Baths
  • 595 SQFT
  • 58 DOM
View details More Photos

Sold Before Listed

Susan Jackson Real Estate
Photo of Listing #385303

130 Kai Malina Pkwy Sr 324, Kaanapali, Hawaii - $820,000

Condominium, Condo
  • 1 Bed
  • 1 Bath
  • 620 SQFT
  • 70 DOM
View details More Photos

Hokulani 324 Is An Ideal Opportunity To Own In Honua Kai Resort And Have Your Guests Pay For Vacation Home. This Home Is Popular Among Visitors Offering Expansive Mountain View Planes While Located Steps From The Beach. Upgrades Include Top To Bot...

Coldwell Banker Island Prop(L)
Photo of Listing #383037

130 Kai Malina Pkwy Sr348, Kaanapali, Hawaii - $1,500,000

Condominium, Condo
  • 2 Beds
  • 2 Baths
  • 1,100 SQFT
  • 71 DOM
View details More Photos

Own The Maui Dream With This Quiet Luxury Two-bedroom Condo. It Has Been Recently Refreshed With New Living Room Furniture, Paint And Carpet, Washer/dryer And Hot Water Heater. From The Private Lanai Enjoy Gazing Over The Beautifully Manicured Ga...

Island Sotheby's Int'l Rlty(L)
Photo of Listing #385203

130 Kai Malina Pkwy Nr614, Kaanapali, Hawaii - $901,250

Condominium, Condo
  • 1 Bed
  • 1 Bath
  • 690 SQFT
  • 79 DOM
View details More Photos

Tis The Season To Be Shopping And Investing In West Maui's Top Vacation Rental Condo Complex, The Honua Kai Resort And Spa. Got A 1031 Exchange To Effectuate Or Want Some Diversification From The Stock Market? Now Is Your Time In Maui. The Best On...

Hawaii Life (L)
Photo of Listing #383573

130 Kai Malina Pkwy Sr209, Kaanapali, Hawaii - $1,950,000

Condominium, Condo
  • 2 Beds
  • 2 Baths
  • 1,300 SQFT
  • 80 DOM
View details More Photos

Premier Floorplan, Prime Location! Hokulani 209 Is Located In The Only Two Bedroom Column Near All The Beachfront Amenities While Commanding Direct Ocean Views With Its "l" Shaped Position. Set Just Over The Infinity Pool Within The Peaceful Confi...

Maui Resort Realty
Photo of Listing #383842

130 Kai Malina Pkwy 401, Kaanapali, Hawaii - $3,300,000

Condominium, Condo
  • 2 Beds
  • Baths
  • 1,620 SQFT
  • 86 DOM
View details More Photos

Sold Before Listed

Maui Resort Realty

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The Whaler

 

Eric West 808-298-2030 (Call Direct or Text) 

Click to Read Customer Reviews 

"Went Beyond What Any Other Realtor I Know Of Would Do"

Eric was outstanding from the start in our home- buying process in Hawaii. From the beginning and throughout, Eric was always at our service with prompt, knowledgable advise and communication during the process. He helped us find the perfect home for our family with some personal video he sent us and then expertly moved us into a good position to buy the home. He also helped us during the inspection periods and with our negotiations to improve our buying confidence. We couldn't be more pleased with Eric's quality, knowledge, personality and negotiation skills. He was truly excellent.

- Paul and Juliet Holocher

Listings provided courtesy of the REALTORS® Association of Maui.

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved.

Listings provided courtesy of the REALTORS® Association of Maui.

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved.