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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 #399872

130 Kai Malina Pkwy Nr820, Kaanapali, Hawaii - $1,925,000 Fee Simple

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

Konea 820, A Two-bedroom Home Located On The Southern Side Of The Konea Tower Is Now Available For Sale. This 8th Floor Home Has Been Meticulously Maintained By Its Owner. You Can Enjoy Both Fabulous Partial Ocean And Mountain Views From Its Lan...

Listed by: Susan Jackson Real Estate Office Contact: Cell: 865-206-1234

130 Kai Malina Pkwy Nr549, Kaanapali, Hawaii - $4,549,000 Fee Simple

Condo / Townhouse, Condo
  • 3 Beds
  • 3 Baths
  • 1,930 SQFT
  • 10 DOM
View details More Photos Save

Konea 549 (a Three Bedroom / 3 Bath Home) Is Now Available For Sale! It Comes Loaded With Recent Upgrades Such As A Newer Dishwasher, Refrigerator, Water Heater And Microwave. Enjoy Cooking From Simple To Gourmet Meals In Your Viking Kitchen. Wa...

Listed by: Susan Jackson Real Estate Office Contact: Cell: 865-206-1234

130 Kai Malina Pkwy Sr730, Kaanapali, Hawaii - $1,495,000 Fee Simple

Condo / Townhouse, Condo
  • 1 Bed
  • 1 Bath
  • 765 SQFT
  • 18 DOM
View details More Photos Save

Opportunity Knocking At Kaanapali's Favorite Beachfront Condominium, Honua Kai! This Resort Setting Has It All With Pools, Spas, Fitness Center, Duke's Beach House Restaurant And More. This Popular, Well Maintained 1 Bedroom/1 Bath Has Five Star...

Listed by: Coldwell Banker Island Prop(S) Office Contact: Cell: 808-298-3820

130 Kai Malina Pkwy Nr512, Kaanapali, Hawaii - $2,015,000 Fee Simple

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

Highly Desired One Bedroom Den Is Now Available For Sale. The Den Has Been Converted Into A Beautiful 2nd Bedroom, Complete With Armoire, Queen Bed And Custom Sliding Barn Door. K0512 Comfortably Sleeps 6. Why Pay More For A 2-bedroom Home, When ...

Listed by: Susan Jackson Real Estate Office Contact: Cell: 865-206-1234

130 Kai Malina Pkwy Nr816, Kaanapali, Hawaii - $1,685,000 Fee Simple

Condo / Townhouse, Condo
  • 1 Bed
  • 1 Bath
  • 690 SQFT
  • 117 DOM
View details More Photos Save

Take Advantage Of The Rare Opportunity To Own A Full Sized One-bedroom Home At Honua Kai Which Boasts Both Majestic Mountain And Resort Views. Konea 816 Has It All! Meticulously Cared For, 816 Is Located On The Southern Side Of The Konea Tower A...

Listed by: Susan Jackson Real Estate Office Contact: Cell: 865-206-1234

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 #398324

130 Kai Malina Pkwy Sr348, Kaanapali, Hawaii - $2,699,000

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

Sold Before Listed

Susan Jackson Real Estate
Photo of Listing #397416

130 Kai Malina Pkwy Nr930, Kaanapali, Hawaii - $1,300,000

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

Konea 930 Is A Luxurious 9th Floor One Bedroom Residence That Offers Expansive Vistas Of The West Maui Mountains And Even Has A Side And Horizon View Of The Ocean From The Lanai, And Its Excellent Rental History Speaks For Itself.....pride Of Own...

Maui Resort Realty
Photo of Listing #398407

130 Kai Malina Pkwy Nr448, Kaanapali, Hawaii - $1,769,000

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

Own One Of The Largest 1-bedroom Units At Honua Kai In The Konea Building With Partial Ocean Views And Lovely Views Of The Treetops Looking Towards The North, Comfortably Shaded From The Direct Sun. This Private Location Is Readily Accessible To ...

Island Sotheby's Int'l Rlty(L)
Photo of Listing #397727

130 Kai Malina Pkwy Nr932, Kaanapali, Hawaii - $2,000,000

Condominium, Condo
  • 2 Beds
  • 2 Baths
  • 1,215 SQFT
  • 45 DOM
View details More Photos

Konea 932 Is A Luxurious 9th Floor, 1215 Sqft, Two Bedroom Residence That Offers The Best Of Both Worlds With Views Of The Tranquil Blue Pacific Ocean As Well As The Majestic West Maui Mountains.....pride Of Ownership Is Evident With Upgraded Floo...

Maui Resort Realty
Photo of Listing #397809

130 Kai Malina Pkwy Sr742, Kaanapali, Hawaii - $1,975,000

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

H742 Is Available For Sale. This Top Floor One-bedroom Plus Den Home Offers 950 Sq Ft Of Luxurious Living Area. It's Upgraded Throughout With Wood Look Tile Flooring. The Converted Den Provides A 2nd Bedroom For Additional Family Or Guests' Slee...

Susan Jackson Real Estate
Photo of Listing #398387

130 Kai Malina Pkwy Nr421, Kaanapali, Hawaii - $1,435,000

Condominium, Condo
  • 1 Baths
  • 615 SQFT
  • 54 DOM
View details More Photos

Rarely Does A Studio Become Available For Sale At Honua Kai. And Better Yet, The Location On The 4th Floor Facing The North Provides Great Unobstructed Views Of The Pacific Ocean. Imagine Sipping Your Morning Coffee And Whale Watching From Your L...

Susan Jackson Real Estate
Photo of Listing #398536

130 Kai Malina Pkwy 424, Kaanapali, Hawaii - $1,220,000

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

Optimally Priced As The Best Valued One Bedroom One-bath With Dining Area, Pull Out Sleeper Sofa In Living Room, And Private Balcony To Experience Majestic Sunrises. This Ideal Vacation Rental Faces East Giving All Occupants The Experience Of Waki...

Coldwell Banker Island Prop-KP
Photo of Listing #398942

130 Kai Malina Pkwy Nr231, Kaanapali, Hawaii - $1,305,000

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

A Konea Studio Is Now Available For Sale. You Can Own This Spacious Studio Located On The Second Floor Of The Konea Building And Enjoy Its Private Lanai With Fabulous Ocean And Lush Resort Garden Views! It's Equipped With A Full Cook's Kitchen, A...

Susan Jackson Real Estate
Photo of Listing #397361

130 Kai Malina Pkwy Nr206, Kaanapali, Hawaii - $1,750,000

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

Sold Before Listed

Susan Jackson Real Estate
Photo of Listing #397259

130 Kai Malina Pkwy Sr645, Kaanapali, Hawaii - $2,700,000

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

Hokulani 645, A Spacious 1,100 Sq. Ft. Two-bedroom Home Is Located In The Very Sought-after Inner-courtyard At Honua Kai Resort And Spa. This Home Captures A Full Ocean View, With Mature Palm Tree Branches Swaying In The Breeze. Enjoy Watching T...

Susan Jackson Real Estate
Photo of Listing #397192

130 Kai Malina Pkwy Nr451, Kaanapali, Hawaii - $5,525,000

Condominium, Condo
  • 3 Beds
  • 3 Baths
  • 2,280 SQFT
  • 111 DOM
View details More Photos

Looking To Own One Of The Best Residences On North Kaanapali Beach? This Is Undeniably One Of The Best Residences On The Property At Honua Kai. If You Are Looking To Own One Of The Premier 3 Bedroom 3 Bath Oceanfront Residences Look No Further. Th...

Compass
Photo of Listing #396274

130 Kai Malina Pkwy Sr722, Kaanapali, Hawaii - $1,900,000

Condominium, Condo
  • 2 Beds
  • 2 Baths
  • 1,080 SQFT
  • 137 DOM
View details More Photos

H722, A Two Bedroom Home Located On The Southern Side Of The Hokulani Tower, Enjoys Fabulous Mountain Views From Its Lanai. Upgraded Wood Grain Ceramic Tiled Floors Run Throughout The Home, Setting This Home Apart From Most Others. Custom Living...

Susan Jackson Real Estate

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Maui Eldorado

Maui Kai

Mahana

The Vintage

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.