SOLD 02/26/2024
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Condo sold for $2,950,000 in 85 days
Kapalua Bay Villas I #15G123 500 Bay Dr #15G123, Lahaina, HI, 96761
Neighborhood: Kapalua | Kapalua Bay VillasOff the market 2 beds 3 baths 1,529 sqft
Rarely does a single-level, ground floor, fully renovated property become available for purchase. With all of the hard work done, all you need to do is bring your beach chairs. Kapalua Bay Villas 15G123 is a two-bedroom, three-bathroom unit spaciously spread across 1,529 sq. ft. of single-level living. Breathtaking ocean, sunset & island views await you from this pristine tropical oasis. The property is perfect for an investor or for a 1031 exchange property. The unit has historically been a high-performance rental, with Q1 2024 projected gross rental revenue of $44k. A major renovation was completed in 2020. The extensive scope of work included custom Sapele wood cabinetry in kitchen, living room and bathrooms. All countertops in kitchen and bathrooms were upgraded to an exquisite blue fusion polished quartz and the kitchen was appointed with stainless steel GE appliances. In addition to new cabinetry, bathroom upgrades also included custom made LED lighted wall mirrors by Electric Mirror and stunning Spanish ceramic tile backsplashes by Porcelanosa. All windows and doors were replaced, including a new solid mahogany front door. Hunter Douglas plantation shutters were installed in both bedrooms to complement the existing room darkening woven wood shades. Electrical outlets and bulbs were replaced throughout the unit to maximize efficiency, and all ceiling fans were upgraded to Minka Aire Artemis ceiling fans. Last but certainly not least, the unit was fully repainted with incredible attention to detail. The property is sold furnished with the exception of Seller’s personal possessions and all artwork. A substantial selection of artwork is available on a separate Bill of Sale and pairs beautifully with the unit. The 2020 renovation included the purchase of all new, island-influenced furnishings and artwork. Much of the artwork came from Maui Hands Gallery and was made by local Hawaiian artists. Kapalua Bay Villas is an oceanfront condominium community of 141 apartments in twenty-seven 1-story and 2-story buildings. The community is spread across 16.451 acres and offers pools & tennis court. Beach front access to Kapalua Bay and Oneloa Bay is within walking distance from this oceanfront condominium community. The community allows transient vacation rentals. The Kapalua resort communities offers Maui’s finest dining and resort activities including snorkeling, hiking, golf, pickleball, tennis and Kapalua Zipline activities! Your Time Is Now.
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Details of Kapalua Bay Villas I #15G123
1,529 sqft interior area
Property type
Condo
Interior area
1,529 sqft
View
Ocean
Price per sqft
$1,929/sqft
Address
500 Bay Dr #15G123, Lahaina, HI, 96761
City of Hawaii
Lahaina
Island
Maui
Condo building
Kapalua Bay Villas I
Year Built
1977
Sold price
$2,950,000
Association fees
$2,243
Total area
1,529 sqft
Frontage
None
Solar
No
Neighborhood
Kapalua | Kapalua Bay Villas
District
Kapalua
Virtual Tour
Open Houses
No upcoming open houses
Interior Features
—
Beds
2
Baths
3
Remodeled Year
2020
Listed by
Raymond Chin, Coldwell Banker Island Prop-KP
Cell: 808-344-2677
Cell: 808-344-2677
Name
Raymond Chin
License number
RB-20642
Brokerage company
Coldwell Banker Island Prop-KP
Cell: 808-344-2677
Cell: 808-344-2677
MLS #
400433
Buyer agent
Name
John Greene RB-22868
Brokerage company
The Island Project
808-442-2934
808-442-2934
Payment calculator
Calculate your monthly payments
Mortgage
$9,058
Taxes
$1,601
HOA dues
$2,243
Mortgage
$590,000 / 20%
2.28%
30 years
Your amount
$9,058 / month
Lot details
TMK #2420010240018
Parcel nr.
2420010240018
Kapalua neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
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no data
Local airport
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no data
People living in Kapalua
33%
Families with children
National average: 39%
24%
Non family households
23,214
Population
$146,787
Average Income
Age & gender
Median age 40 years
More info
Commute types
79% commute by car
More info
Education level
36% have high school education
More info
Number of employees
36% work in entertainment services
More info
Vehicles available
38% have 2 vehicle
More info
Vehicles by gender
38% have 2 vehicle
More info
Housing market insights for Kapalua Bay Villas I #15G123
$1.53m
Neighborhood average
sales price*
sales price*
$1.04m
Neighborhood median
sales price*
sales price*
68
Number
of sales*
of sales*
$1.8m
Median sale price Kapalua Bay Villas I*
Housing type
36% are single detacheds
More info
Rooms
45% of the houses have 2 or 3 rooms
More info
Bedrooms
51% have 2 or 3 bedrooms
More info
Owners vs Renters
57% are owners
More info
6.83 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Schools
15 schools with rating up to 4
| School rating | Distance | |
|---|---|---|
|
Maui Preparatory Academy
5095 Napilihau Street,
Lahaina, HI 96761
Elementary School |
1.262mi | |
|
Maui Preparatory Academy
5095 Napilihau Street,
Lahaina, HI 96761
Middle School |
1.262mi | |
|
Maui Preparatory Academy
5095 Napilihau Street,
Lahaina, HI 96761
High School |
1.262mi | |
| School rating | Distance | |
|---|---|---|
|
Maui Preparatory Academy
5095 Napilihau Street,
Lahaina, HI 96761
|
1.262mi | |
|
Maui Preparatory Academy
5095 Napilihau Street, Lahaina, HI 96761
|
1.263mi | |
|
Mana'o'io Baptist Academy
164 Fleming Road, Lahaina, HI 96761
|
7.618mi | |
| out of 10 |
Princess Nahienaena Elementary School
816 Niheu Street, Lahaina, HI 96761
|
7.978mi |
| out of 10 |
Princess Nahienaena Elementary School
816 Niheu St,
Lahaina, HI 96761
|
8.033mi |
| School rating | Distance | |
|---|---|---|
|
Maui Preparatory Academy
5095 Napilihau Street,
Lahaina, HI 96761
|
1.262mi | |
|
Maui Preparatory Academy
5095 Napilihau Street, Lahaina, HI 96761
|
1.263mi | |
|
Mana'o'io Baptist Academy
164 Fleming Road, Lahaina, HI 96761
|
7.618mi | |
| out of 10 |
Lahaina Intermediate School
871 Lahainaluna Rd,
Lahaina, HI 96761
|
8.084mi |
| out of 10 |
Lahaina Intermediate School
871 Lahainaluna Road, Lahaina, HI 96761
|
8.086mi |
| School rating | Distance | |
|---|---|---|
|
Maui Preparatory Academy
5095 Napilihau Street,
Lahaina, HI 96761
|
1.262mi | |
|
Maui Preparatory Academy
5095 Napilihau Street, Lahaina, HI 96761
|
1.263mi | |
|
Mana'o'io Baptist Academy
164 Fleming Road, Lahaina, HI 96761
|
7.618mi | |
| out of 10 |
Lahainaluna High School
980 Lahainaluna Rd,
Lahaina, HI 96761
|
7.823mi |
| out of 10 |
Lahainaluna High School
980 Lahainaluna Road, Lahaina, HI 96761
|
7.934mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Feb 26, 2024
Kapalua Bay Villas I Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 1 bed | $1.5m | 50% |
| 2 beds | $2.95m | 50% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 26, 2024 | Sold | $2,950,000 | 1929.37 | Public Record |
| Feb 26, 2024 | Price Decrease | $2,950,000 -1.01% | 1929.37 | MLS #400433 |
| Jan 19, 2024 | Pending | $2,980,000 | 1948.99 | MLS #400433 |
| Dec 4, 2023 | New Listing | $2,980,000 +112.86% | 1948.99 | MLS #400433 |
| Nov 25, 2019 | Sold | $1,400,000 | 915.63 | Public Record |
| Nov 25, 2019 | Price Decrease | $1,400,000 -6.35% | 915.63 | MLS #382725 |
| Nov 7, 2019 | Pending | $1,495,000 | 977.76 | MLS #382725 |
| May 1, 2019 | New Listing | $1,495,000 -3.24% | 977.76 | MLS #382725 |
| Apr 1, 2019 | Unavailable | $1,545,000 | 1010.46 | MLS #375368 |
| Apr 1, 2019 | For sale | $1,545,000 | 1010.46 | MLS #375368 |
| Apr 1, 2019 | Price Decrease | $1,545,000 -3.13% | 1010.46 | MLS #375368 |
| Feb 26, 2019 | Unavailable | $1,595,000 | 1043.17 | MLS #375368 |
| Aug 25, 2017 | New Listing | $1,595,000 | 1043.17 | MLS #375368 |
| Jul 2, 2015 | Unavailable | $1,595,000 -11.14% | 1043.17 | MLS #365493 |
| Jul 1, 2015 | Price Decrease | $1,595,000 -11.14% | 1043.17 | MLS #365493 |
| Jul 1, 2015 | New Listing | $1,795,000 | 1173.97 | MLS #365493 |
Taxes of 500 Bay Dr #15G123, Lahaina, HI, 96761
MLS #400433
Current Property Taxes p/month
$1,601
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2017 | $13,825 | MLS #375368 |
| 2014 | $10,255 | MLS #365493 |
| 0 | $19,212 | MLS #400433 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
Agent viewpoints of 500 Bay Dr #15G123, Lahaina, HI, 96761
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Frequently Asked Questions about Kapalua Bay Villas I #15G123
What is Kapalua Bay Villas I #15G123?
500 Bay Dr #15G123, Lahaina, HI, 96761 in the Kapalua Bay Villas I condominium building. This is a 3 bathrooms and 2 bedroom condo. This apartment has 1,529 sqft interior space. This condo with unit number 15G123. It is located in the city of Kapalua, Hawaii.
Does this condo have views?
This condo has Ocean views.
Which year was this condo built?
This condo was build in 1977.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Condo?
500 Bay Dr #15G123, Lahaina, HI, 96761.
Are grocery stores nearby?
The closest grocery stores are Napili Market, 1.26 miles away and Whalers Generalstore, 2.35 miles away.
What is the neighborhood like?
The 96761 zip area has a population of 23,214, and 33% of the families have children. The median age is 40.8 years and 79% commute by car. The most popular housing type is "single detached" and 57% is owner.
Based on information from the Realtors Assoc. of Maui. Copyright 2024 by REALTORS® Association of Maui, Inc. Listing courtesy of Coldwell Banker Island Prop-KP.
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.
Listing last updated: Feb 26, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Napili Market, 1.26 miles away and Whalers Generalstore, 2.35 miles away.
The 96761 zip area has a population of 23,214, and 33% of the families have children. The median age is 40.8 years and 79% commute by car. The most popular housing type is "single detached" and 57% is owner.
