Maui Oceanfront Update – What’s For Sale & What’s Been Selling?

Oceanfront and beachfront properties get all the glory when you’re searching in those glossy magazines like Homes & Land. Who can resist a romantic sunset sky backdrop beside the pool? It’s eye candy for most of us, and a reality for a select few. How many oceanfront homes are actually selling on Maui? Keeping in mind that Maui County includes the outer islands of Molokai and Lanai, here’s a breakdown of what’s been selling.

Residential Sales in Maui County in the Past 12 Months

• 16 closings ranging in price from $270,000 to $14,500,000 (3070 S. Kihei Rd.)
• Lowest price was a 6 bed home on a 1/4 acre in Wailuku, Maui, rocky beach
• Highest price was a 6 bed home on Keawakapu Beach in Kihei, Maui, 1/2 acre lot right on the sandy beach
• A total of 13 were on Maui, the most sales were in Kihei with 4, Molokai Island had 3 sales
• 7 homes were sold for under $1M, 5 more were priced below $5M, 3 more were sold under $10M

The view from 3070 S. Kihei Rd.

Oceanfront Vacant Land Sales in the Past 12 Months

• Only 5 sales, all on Maui, sold between $750,000 to $6,900,000
• 664 Huelo Rd. – 1 acre sold for $750,000 – a CPR’d lot high above the ocean
• 4970 Kahekili Hwy. – 42.75 acres sold for $1,600,000 – varied terrain
• 0 Hana Hwy. – 41 acres sold for $2,200,000 – oceanfront cliffs in Haiku
• 10 Kai Ala Dr. – 1.16 acres sold for $5,600,000 – beachfront level land
• 30 Kai Ala Dr. – 0.88 acres sold for $6,900,000 – beachfront, Kaanapali Beach

The view from 664 Huelo Rd., Haiku, Maui

Homes For Sale Right Now in Maui County

• 44 residential listings ranging in price from $795,000 to $23,950,000
• Lowest price is in Wailuku, Maui, for a house and cottage on a 5,782 sq.ft. lot, rocky shore
• Highest price is in Kapalua, Maui for a 4 bed/5.5 bath home on a 7,474 sq.ft. lot, sandy beach
• Molokai has the most oceanfront listings with 10 ranging from $888,000 to $2,999,000
• The average price of about $6M will buy you an oceanfront home in Paia or Kuau
• The median price of about $3.4M will buy you a home in Kihei or Haiku, Maui
• 2 are pending, one on Molokai and one in Kihei
• Paia/Kuau has the most properties with over a year on the market

22 Waa Place, Paia, Maui (MLS# 358255)

Oceanfront Vacant Land For Sale Now

• 44 land listings ranging in price from $384,500 to $35,000,000
• Lowest price is 1.3 acres on Molokai, sandy beach out front
• Highest price is in Hana, Maui, 460 acres which includes Hana Ranch
• Haiku, Maui has the most oceanfront listings with 22 ranging from $995,000 to $4,800,000
• 1 property in Haiku, Maui is pending, 10 acres near the famous Jaws surf break
• Almost half of them have been in the MLS for over a year, and sometimes over 2 years
• My favorite oceanfront 2 acres is completely off the grid!

North shore Maui coastline, Haiku, Maui, HI. (MLS# 362447)

Whether you’re searching for a home or vacant land on Maui, and it has to be oceanfront, you can find it easily. Watch a slide show or do a quick search, it’s just a click away.

When you’re ready to get serious about buying, contact a Maui Realtor who can help you secure that perfect property. Let me be your guide!

Georgie Hunter, R(S), e-Pro
800 667-5028 ex 8241
Direct: 808 283-0635