The Coconut Grove on Kapalua Bay Real Estate

One of Kapalua's exclusive beachfront communities, The Coconut Grove fronts the white sands of Kapalua Bay and provides stunning ocean views. This low-density gated community of 36 luxurious condos is located on 12 acres and surrounded by century-old coconut trees. In addition to The Coconut Grove, Kapalua Ironwoods are the only other beachfront condos within the Kapalua Resort®.

The Coconut Grove on Kapalua Bay has 9, 2-story buildings with 4 unique floor plans. There is the 3 bedroom, 3 bath model with 2,312 interior square feet and 391 on the lanai. The larger 3 bedroom, 3.5 bath has interiors of 2,280 to 2,638 square feet and 541 to 607 on the lanai. The attached garages have up to 318 square feet.

Located on the ground level, Coconut Grove plans 1 & 2 have private courtyards surrounded on three sides by the residence, great for sun bathing or evening dinner parties. Enjoy your outdoor shower grotto after a day at the beach and relax by your private tranquil pond.

Coconut Grove plans 3 & 4 are on the 2nd floor, with plan 4 having an option for a private study room. Half of these condos for sale have private elevators. Interiors have been decorated with an Pacific Asian theme. Quality materials have been used from natural hard woods, travertine stone, quality granite to designer fixtures, stainless steel appliances and solid core doors.

Construction was completed in 2001 with buildings D, E, F, G, H and I sitting on the front row with fantastic views across Kapalua Bay. Only a minutes walk from Coconut Grove to The Kapalua Shops with over twenty shops, restaurants and galleries.

Amenities for the condos in The Coconut Grove on Kapalua Bay include a fitness room, tension-edge lap pool, wooden deck, recreation room, Whirlpool spa, cabana with outdoor kitchen and gas barbecues. Owner privileges include reduced rates at the tennis facility, The Plantation and The Bay Golf Courses, as well as shuttle service within the resort and to/from Kapalua Airport.

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condos for sale in The Coconut Grove on Kapalua Bay
  • Community: The Coconut Grove on Kapalua Bay
  • Units: 36
  • Beds: 3
  • Baths: 3, 3.5
  • Sqft: 2,280 - 2,950
  • Built: 2001
  • Pets: no
  • Tenure: fee simple
  • Type: townhouse
  • Parking: 1-car garage
  • Amenities: bbq, fitness, pool, shuttle, spa
  • Location: beachfront, oceanfront
  • Rentals: 180-day minimum
  • Price: $4,500,000 to $5,300,000

The following documents may not be the latest versions. LREhawaii is not affiliated with the association(s) and does not make any guarantees as to the accuracy of the information provided.

  1. Coconut Grove House Rules 2017
Amount of Loan
Annual Interest Rate
%
Term of Loan
Years
Est. Monthly Payment: $2,027

Does not include any taxes or fees.
Please consult a financial professional.

2022 - 2023 Tax Rates
   
Agricultural $5.74
Apartment $3.50
Commercial (all 3 tiers) $6.05
Commercial Residential $4.40
Conservation $6.43
Hotel/Resort $11.75
Industrial $7.05
Non-owner Occupied (<$1M) $5.85
Non-owner Occupied ($1M-$4.5M) $8.00
Non-owner Occupied (>$4.5M) $12.50
Owner Occupied (<$1M) $2.00
Owner Occupied ($1M-$3M) $2.10
Owner Occupied (>$3M) $2.71
Long-Term Rental (<$1M) $3.00
Long-Term Rental ($1M-$3M) $5.00
Long-Term Rental (>$3M) $8.00
Short-Term Rental (all 3 tiers) $11.85
Time-Share $14.60
* Tax rate is per/$1000 of net assessed value.
Important Dates
   
1/1 Assessed values set for next year.
1/20 Second-half year bills mailed.
2/20 Second-half year payments due.
3/15 Assessment notices mailed.
4/9 Deadline for filing appeals.
5/1 Assessment roll to County Council.
6/20 Tax rate set by County Council.
6/30 End of tax year.
7/1 Beginning of tax year.
7/20 First-half year bills mailed.
8/20 First-half year payments due.
9/1 Deadline for filing dedication petitions.
12/1 Condominium AOAO use declaration.
12/31 Deadline for circuit breaker applications.
12/31 Deadline for filing exemption claims.

Home Exemption

The law allows just one (1) home exemption; if a husband and wife live apart and own separate homes, they shall be entitled to one exemption, to be apportioned between each of their homes in proportion to the value.

In order to qualify for a home exemption, you must own and occupy the property as your principal residence with the intent to reside on the island 270 days in a calendar year.

The home exemption is deducted from the assessed value and the homeowner is taxed on the balance. Current home exemption of $200,000 applies to all homeowners regardless of age.