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Honua Kai

Condos For Sale

Click to See Recent Sales and Market Statistics

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 #396628

130 Kai Malina Pkwy Nr306, Kaanapali, Hawaii - $2,195,000 Fee Simple

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

Konea 306 In The Honua Kai Resort Is Ka'anapali Living At It's Finest. This 2 Bedroom/1 Bathroom Unit Has Beautiful Views Of The Resort, West Maui Mountains And A Partial Ocean View. Enjoy Indoor/outdoor Living With Nano Doors In The Living Room, ...

Listed by: Hawaii Life (KAP)

130 Kai Malina Pkwy Sr 546, Kaanapali, Hawaii - $2,925,000 Fee Simple

Condo / Townhouse, Condo
  • 2 Beds
  • 2 Baths
  • 1,100 SQFT
  • 29 DOM
View details More Photos Save

Indulge In Panoramic Views Of The Lush Green Slopes Of Mauna Kahalawai And Across The Gentle Blue Sea Of Kaanapali, Come See-hokulani 546, The Very Best That Honua Kai Can Be. This Two Bedroom/ Two Full Bathroom Top Income Producing Property Sits...

Listed by: Hawaii Life (L)

130 Kai Malina Pkwy 424, Kaanapali, Hawaii - $1,385,000 Fee Simple

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

One Bedroom One-bath Home In Honua Kai Resort Situated On Famed Ka'anapali Beach. Hokulani 424 Is A Spacious Property With Views Of Majestic West Maui Mountain Range While Overlooking Tropical Coconut Palms And Peaceful Banyan Tree Canopies. Grani...

Listed by: Coldwell Banker Island Prop-KP

130 Kai Malina Pkwy Nr418, Kaanapali, Hawaii - $2,675,000 Fee Simple

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

Unique Southern Facing Corner Stack Offering 470 Sf Of Expansive Outdoor Living/entertaining Space In Honua Kai Resort Situated On Famed Ka'anapali Beach. Konea 418 Is A Spacious 2bedroom/2bath Suite With Majestic Mountain And Water Feature Views ...

Listed by: Coldwell Banker Island Prop-KP
Photo of Listing #396103

130 Kai Malina Pkwy Nr731, Kaanapali, Hawaii - $1,575,000 Fee Simple

Condo / Townhouse, Condo
  • 1 Baths
  • 580 SQFT
  • 57 DOM
View details More Photos Save

Kaanapali, Maui - Oceanfront Honua Kai - Konea # 731 Imagine Opening Your Eyes On The Island Of Maui And Waking Up To Gorgeous Unobstructed, Panoramic Oceanfront Pacific Ocean Views Enhanced By Nightly Sunsets, Whale Watching (in Season) And View...

Listed by: Hawaii Life (KAP)
Photo of Listing #395968

130 Kai Malina Pkwy 833, Kaanapali, Hawaii - $1,649,000 Fee Simple

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

Hokulani #833 Is Arguably The Very Best Studio Property To Ever Come To Market At The Honua Kai Resort And Spa. This Inner Courtyard Eighth Floor Property Has Unobstructed Views Of The Ocean, Sunsets, Whale Watching, And Lanai Island. This Propert...

Listed by: Hawaii Life (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.

 

 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 #393352

130 Kai Malina Pkwy Sr215, Kaanapali, Hawaii - $2,195,000

Condominium, Condo
  • 2 Beds
  • 2 Baths
  • 1,320 SQFT
  • 19 DOM
View details More Photos

Rarely Does An L-shaped Lanai 2-bedroom Inner Courtyard Condo Come Onto The Honua Kai Resale Market. And This One Is Special. The Owner Has Upgraded The Entire 1320 Sq.ft. Home With Gorgeous Furniture Pieces, And It Is Truly Unlike Any Other Off...

Susan Jackson Real Estate
Photo of Listing #395066

130 Kai Malina Pkwy Nr106, Kaanapali, Hawaii - $1,700,000

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

Sold Before Listed

Susan Jackson Real Estate
Photo of Listing #396056

130 Kai Malina Pkwy 746, Kaanapali, Hawaii - $1,750,000

Condominium, Condo
  • 1 Bed
  • 1 Bath
  • 780 SQFT
  • 25 DOM
View details More Photos

Beautiful Views From This Top Floor One Bedroom. This Was A Developer Purchase In 2011 That Has Never Been Rented And Rarely Used By The Owners - Absolutely Pristine Condition!

Maui Paradise Properties LLC
Photo of Listing #395129

130 Kai Malina Pkwy Nr929, Kaanapali, Hawaii - $4,350,000

Condominium, Condo
  • 3 Beds
  • 3 Baths
  • 1,610 SQFT
  • 33 DOM
View details More Photos

Suite 929 Is Located In The Konea Tower On The Ninth Floor And Perched High Above The Roof-line Allowing For An Unobstructed Ocean And Island Views. There Are Just A Handful Of These Rare And Exceptional Suites Located At The Honua Kai, And They A...

Maui Life Realty
Photo of Listing #394039

130 Kai Malina Pkwy Sr142, Kaanapali, Hawaii - $1,690,000

Condominium, Condo
  • 2 Beds
  • 1 Baths
  • 950 SQFT
  • 34 DOM
View details More Photos

Sold Before Listed

Susan Jackson Real Estate
Photo of Listing #393328

130 Kai Malina Pkwy Nr112, Kaanapali, Hawaii - $1,550,000

Condominium, Condo
  • 1 Bed
  • 1 Bath
  • 915 SQFT
  • 35 DOM
View details More Photos

Sold Before Listed

Susan Jackson Real Estate
Photo of Listing #394587

130 Kai Malina Pkwy Sr713, Kaanapali, Hawaii - $1,700,000

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

If You Have Interest In Owning The "crown Jewel" One-bedroom At The Honua Kai Resort & Spa, This Is Your Rare Opportunity. There Is Only One "penthouse" One-bedroom Ocean View Suite In The Entire Resort; Sr713 It! Exceptional Ocean Views Of The ...

Maui Life Realty
Photo of Listing #395254

130 Kai Malina Pkwy Nr330, Kaanapali, Hawaii - $1,200,000

Condominium, Condo
  • 1 Bed
  • 1 Bath
  • 615 SQFT
  • 38 DOM
View details More Photos

The Best Priced Home In Prestigious Honua Kai Situated On Famed Ka'anapali Beach. Rarely Available Mountain View. Konea 330 Is A 1bedroom/1bath Suite With Expansive Views Of The West Maui Mountain Range From Throughout The Home. Granite Countertop...

Coldwell Banker Island Prop-KP
Photo of Listing #395256

130 Kai Malina Pkwy Nr348, Kaanapali, Hawaii - $1,700,000

Condominium, Condo
  • 1 Bed
  • 1 Bath
  • 780 SQFT
  • 39 DOM
View details More Photos

Gorgeous Ocean View Home Just One Stack From The Oceanfront In Prestigious Honua Kai Resort Situated On Famed Ka'anapali Beach. Konea 348 Is A Spacious 1bedroom/1bath Suite With Ocean Views And Overlooking Peaceful Banyan Tree Canopies. Granite Co...

Coldwell Banker Island Prop-KP
Photo of Listing #393043

130 Kai Malina Pkwy Nr306, Kaanapali, Hawaii - $1,266,148

Condominium, Condo
  • 2 Beds
  • 1 Baths
  • 945 SQFT
  • 41 DOM
View details More Photos

Who's Ready For Winter On Maui? Now Offering Konea 306, A Rare Oversized 1-bedroom With Den (rented As A 2/1) On 3nd Floor Of Konea Tower, In Popular Honua Kai Resort & Spa. With Serene Garden, Mountain And Partial Ocean View. This Luxury Resid...

Island Sotheby's Int'l Rlty(M)
Photo of Listing #395704

130 Kai Malina Pkwy Sr109, Kaanapali, Hawaii - $2,695,000

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

Sold Before Listed

Susan Jackson Real Estate
Photo of Listing #395506

130 Kai Malina Pkwy Sr733, Kaanapali, Hawaii - $1,600,000

Condominium, Condo
  • 1 Baths
  • 583 SQFT
  • 42 DOM
View details More Photos

Hokulani 733 Is A High Floor Studio That Has Beautiful Ocean Views. Overlooking The Hokulani Pool You Get The Evening Views And All The Tiki Torches At Night. The Prime Location Of The Unit Is Such That On Those Days The Tradewinds Are Active Yo...

Kai Malina Properties, LLC

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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.