Real Estate

708 Fairway Drive: Modern Hawaiian Interior Design Meets Kapalua’s Pineapple Hill

August 5, 2019, 10:25 AM HST
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Pineapple Hill at Kapalua: introducing 708 Fairway Drive

This information has been provided by Courtney Brown, Vice President at Island Sotheby’s International Realty

Nana Doors at 708 Fairway Drive in Pineapple Hill open to the
outdoors: Indoor-Outdoor living allows you to enjoy the views of the Kapalua Golf Course, the
Pacific Ocean and outer island views

Pineapple Hill & Pineapple Hill Estates

Pineapple Hill was originally developed with six single-story and two-story floor plan designs, with custom homes being allowed on two or more contiguous lots.  With just 99 homesites, 13 lots ended up being utilized for these larger, custom homes.

In the early 2000’s, Kapalua Resort annexed in Pineapple Hill Estates, a 31 lot subdivision.  These slightly larger homesites allow custom homes, with the main difference being the top row could have two story homes, and the remainder of the lots were restricted to single level with roof heights no higher than 25 feet.

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Pineapple Hill Real Estate Market Update

Active Listings: 13
Price Range $1,998,000 to $6,300,000
Pending Sales 4
Price Range $2,100,000 to $2,750,000
Absorption Rate 18.6 months
2019 YTD Sales 8
Price Range $1,489,020 to $3,520,000
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After a slow 2018, the real estate market for homes for sale in Pineapple and Pineapple Hill Estates has picked up dramatically.  Sales volume has surpassed that of 2017, and with the pending sales it looks like sales will meet or exceed that of 2016, which was the high in terms of volume in the past five years.

Year Sales Volume Avg SP Avg SP$/sq. ft. Avg DOM SP/LP
2014 5 $17,597,000 $3,519,400 $779 414 91%
2015 7 | +40% $17,380,000 | -1% $2,482,857 | -29% $623 | -20% 305 | -26% 91%
2016 9 | +29% $21,170,000 | +22% $2,352,222 | -5% $651 | +4% 219 | -28% 91%
2017 6 | -33% $15,145,000 | -28% $2,524,166 | +7% $680 | +5% 219 | 0% 93%
2018 4 | -33% $9,550,000 | -37% $2,387,500 | -5% $588 | -14% 325 | +48% 92%
2019 YTD 8 | +100% $18,684,020 | +96% $2,335,020 | -2% $706 | +20% 331 | +2% 93%

708 Fairway Drive

The current owners have renovated 708 Fairway with a nod to modern Hawaiian interior design.  The palette is muted, with blue and green accents allowing your eye to move throughout the home to focus on the views of the golf course and ocean beyond.  While a two-story home, the master, living and dining are all on the ground floor, with two guest suites and a game/flex room upstairs. Retrofitted with folding glass doors from Nana Wall, the dining, living and master bedroom all open to the spacious lanai and pool deck.  The indoor and outdoor spaces are perfect for enjoying Maui’s sunset year- round.  Throughout you will find high-end finishes, appliances, and fixtures, as well as stunning original artwork by local artists.

The large pool features stunning views of the Kapalua Bay Course and the Pacific Ocean

View from the Master Bedroom of the private lanai area and spa

The Second Master The spacious lanai offers a serene spot for outdoor dining, with tiki torches framing the spectacular views

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View Current Listings: Pineapple Hill Kapalua Homes for Sale

 

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