Record Sales at the Montage Kapalua Bay
By Courtney Brown, Realtor (S) Vice President, Live a Maui Life!
(Island Sotheby's International Realty)
Montage Residences Kapalua Bay: Record Sales for West Maui At the Montage Residences Kapalua Bay, two condominium residences recorded today for a record breaking $7,750,000 and $8,250,000. Per the Maui MLS service, prior to this, the highest sale recorded in West Maui was $5,735,000. This was also at the Residences in 2010, when it was branded the Ritz-Carlton Club and Residences, Kapalua Bay. Originally developed with 84 luxury condominium residences and 62 fractional residences, there were 13 purchased by private individuals and 15 by Exclusive Resorts at the time of the initial offering. The property was foreclosed on in early 2013, and has since been rebranded the Montage Kapalua Bay and sales of the remaining developer inventory have begun. There have been 5 sales ranging from...