RESIDENCES AT KAPALUA – MONTAGE
For the latest information on Planned Pricing, Pre-Registration, and the upcoming Sales Program for the Residences at Kapalua Bay, please contact me, Michele Muir White R(S), ABR, SFR, Coldwell Banker Island Properties, 808.298.8448, michelewhite@hawaii.rr.com
The Montage Residences, Kapalua Bay: Planned Pricing and Pre-Registration is now available.
The Montage Residences, Kapalua Bay condominiums will soon be offered for sale. The new ownership group of the property is in the process of registering it with the appropriate licensing boards, which is anticipated to be completed shortly. For information on the planned pricing, the pre-registration process, and the upcoming sales program for the Montage Residences Kapalua Bay condominiums, please contact me.
About the Residences at Kapalua Bay:
The Residences at Kapalua Bay opened on May 31, 2009 on over twenty oceanfront acres overlooking Maui’s much loved Kapalua Bay. Prior to its transformation to The Residences, the property was home to the Kapalua Bay Hotel, which was known for its understated elegance and outstanding location.
The Residences were originally designed with 84 wholly-owned, private condominium residences and 62 fractional residences. In the original developer sales release of the Residences, 13 were purchased by private parties and 15 were purchased by Exclusive Resorts, leaving 56 unsold 3 and 4-bedroom condominium Residences.
Due to poor market timing, the unsold components of the former Ritz-Carlton Club and Residences at Kapalua Bay, were foreclosed on by a lender based Joint Venture in early 2013.
The new ownership group appointed Montage Hotels & Resorts as the management group for The Residences at Kapalua Bay. At this time, they have elected to discontinue fractional sales, and convert the unsold fractional inventory to approximately 50 hotel suites to be operated by Montage Hotels & Resorts.
A New Direction–Montage Kapalua Bay:
The Residences at Kapalua Bay are currently undergoing an extensive, multi-million dollar improvement program to further enhance the property. Included in the improvements is a new full-service restaurant and bar, which will be open to the public. The new restaurant and bar will be located under the lobby, reminiscent of the original Kapalua Bay Hotel design. Until the improvement program is completed, the property will continue to operate as the Residences at Kapalua Bay. The luxury hotel group is anticipated to formerly operate the Montage Kapalua Bay sometime in early 2014. They have taken over management of the Kapalua Spa, which is now known as Spa Montage, Kapalua Bay.
Montage Hotels & Resorts is known for its luxury properties in Beverly Hills, Laguna Beach, and Deer Valley. In addition to adding the Residences at Kapalua Bay to their portfolio, the company has also added locations in Los Cabos and Palmetto Bluff.
The focus of the Montage brand is providing destinations and experiences that capture the unique “sense of place”, much in keeping with the spirit embodied by the original founder of the Kapalua.
The Residences at Kapalua Bay Design:
Luxuriously appointed with unparalleled ocean views, the spacious three and four bedroom floorplans have been configured for maximum view potential. These are the largest condominium residences offered within the Kapalua Resort. Each residence features expansive lanais to maximize views of Molokai, Lanai, Kapalua Bay, and Haw’ea Point. Lanais feature built-in Viking grills, TV and wine refrigerators and are beautifully furnished for entertaining. This is is truly one of the Kapalua Resort’s most spectacular locations. The Residences offer owners and guests two pools, dining, and concierge services.
The Residences at Kapalua Bay is nestled along the West Maui shoreline, overlooking the white sandy crescent of Kapalua Bay, with panoramic ocean views framed by the neighboring islands of Molokai and Lanai.
The Kapalua Resort features such amenities as the Kapalua Spa, championship golf at the Plantation Course and Bay Course, gorgeous beaches, and world class dining. Kapalua is the home of 2 world class golf courses. Miles of hiking trails on the 23,000 acres of the Resort. Beautiful beaches and gourmet dining.
Planned Pricing and Pre-Registration Information is now Available
The New Ownership is accepting Pre-Registration Agreements. A new sales program is expected to start in 2014.
Please contact me for details and updates: michelewhite@hawaii.rr.com
