In 2017, 48 homes on Maui sold for $3 million and up, a volume increase of 14 percent in the luxury sector from 2016. When you look at other high-end markets, especially oceanfront opportunities in places like the Hamptons and Miami, Maui still represents a decent bargain for second-home buyers in the U.S.
The island’s newest oceanfront development is Luana Garden Villas on Ka’anapali Beach, West Maui’s gorgeous stretch of pristine sand and surf, attached to Honua Kai Resort & Spa. The starting price of $1.8 million for a three-bedroom condo will be even more appealing for San Francisco Bay Area folks when Southwest Airlines launches non-stop service to Maui.
The villas of Luana Garden are arranged in three enclaves with 72 units in total; construction is now in the final phase, and sales are already strong. Each enclave has its own pool, hot tub, fire pit and garden that are for residents’ exclusive use.
Owners have easy access to all the services and amenities at Honua Kai Resort & Spa, including an aquatic park with waterslides, waterfalls, caves and a sand-beach pool; Dukes Beach House Restaurant, and Aina Gourmet, as well as Whalers General Store (and its famous shave ice). Ho’ola Spa offers special rates for owners, as well as preferred appointment bookings.
Luana Garden is also a short drive from downtown Lahaina’s restaurants, shopping and art galleries. Destination restaurants include Pulehu, an Italian Grill, and Lahaina Grill, two fine-dining spots a stone’s throw from Ka’anapali.
Four different floor plans are available; al are three-bedroom, three-bathroom, with 2,047-square-feet of interior space and 562-square-feet on exterior space. The three enclaves are situated in a 10-acre space on the Honua Kai Resort & Spa property. Each building within Luana includes four villas — two garden-level and two upper-level. And each enclave has a distinct garden design that reflects a different Hawaiian theme, from shoreline vegetation to aromatic florals to culturally significant shrubs.
For those looking to purchase second homes, the villas are also in demand as short-term rentals for those visiting Ka’anapali and looking for accommodations for larger families that also have residential amenities. Or if you’re buying with full-time residency in mind, Honua Kai offers accommodations for overflow guests. And Ka’anapali Golf Course is a par 70 Arthur Jack Snyder-designed course that is one of the most popular on the west side.
And it’s not coincidental that Ka’anapali Beach is typically one of the safest for swimming on the island.
Ka’anapali’s recent surge in new restaurants and shops makes it possible to avoid getting in your car at all, if you prefer complete beach immersion. In addition to the restaurants at Honua Kai, Japengo and Hula Grill are within walking distance, and the luau at the nearby Hyatt Regency is a special treat when guests are visiting or you want to celebrate without leaving the larger resort setting.