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Kapalua Bay Villas I condo # 12B3, Lahaina, Hawaii - photo 2 of 32
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500 Bay Dr unit 12B3, Lahaina, HI, 96761
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Kapalua Bay Villas I unit 12B3, Kapalua condo

$1,395,000 Condo for sale 1 bed 2 baths 995 sqft Neighborhood:  Kapalua
What is the first thing you notice about Kapalua Bay Villas 12B3 when you walk through the front door? The ocean view you've been dreaming about! 12B3 looks out to the Pacific ocean like no other. In my opinion its even a better view than many ocean front units! With a line of sight running out toward the friendly isle of Molokai across the channel and up the coast toward world famous Honolua Bay. The building's elevation puts you above the noise, perched over the buildings and vegetation rather than looking through it. Open horizon, evening color, and rainbows come with the orientation. In the back of your mind, you think the view can't get any better..but then you reach the second floor, and that view literally stops conversation with admiration.The primary upper bedroom claims the entire upper level, and from the bed the floor to ceiling windows frame the open Pacific and the island of Molokai with a view that simply cannot be described adequately with mere words.  Step onto the covered upper lanai with coffee in the morning or a drink as the day winds down and the channel is laid out in front of you, Molokai holding the horizon, the surf working below, the sun dropping into the water and lighting up the whole room behind you. This is the view people travel to Maui hoping to catch from a restaurant, and here it is the thing you live with. Nights are quiet and dark enough for stars, and in season the whales move through the channel right in front of you. A bedroom that does this is rare anywhere on this coast, and it is the reason this residence stays with people long after the showing ends.  The rest of the residence is built for how most people want Maui to actually live. You enter on the parking lot level, as close as possible to the gated entry and step straight inside, no stairs after the drive from the airport, groceries and boards and luggage moving in one clean trip. The lower floor opens to a great room where the Pacific fills the space, with a three quarter bath that gives visiting family their own corner. Upstairs, the master holds the full bath and the washer and dryer where you want them. There is a unit below and no one above you. At 995 square feet across two levels, 12B3 lives well beyond its footprint. Two bathrooms separate it from nearly every one bedroom condo on Maui, which makes it a real option for couples traveling with friends or a small family rather than a tight retreat for two. Sold fully furnished and turnkey, central air throughout, short term rentals permitted for now and  with a rental history that speaks for itself. The community sits on sixteen oceanfront acres with three heated pools, BBQ pavilions, tennis courts striped for pickleball, and direct access to the Kapalua Coastal Trail. Oneloa Beach, the the former Montage Kapalua Bay (now a St. Regis Estates branded 5 Star Resort), and the Plantation Course clubhouse are all within striking distance, and the Tennis Garden's sixteen pickleball courts and Napili Bay sit just down the road. Here is what a buyer who knows this market will see. The most desirable one bedroom floor plan in the complex, two baths, direct entry, the perched unobstructed MASSIVE view, turnkey and producing income, all at a number that crushes any of the competing listings. Run the comparables and the position becomes obvious. Floor plans like this do not sit, and a view like the one off that upper lanai does not come back to market on a schedule. The owners who waited on the last well priced unit in this complex are the ones still watching the listings. Don't let that be you.
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Condo details

995 sqft interior area
  • Condo building Kapalua Bay Villas I
  • Year Built 1977
  • Original list price $1,395,000
  • Days on market 3
  • Price per sqft $1,402/sqft
  • Baths 2
  • Beds 1
  • Association fees $947
  • Address

    500 Bay Dr unit 12B3, Lahaina, HI, 96761

  • Total area 995 sqft
  • Interior area 995 sqft
  • Neighborhood Kapalua | Kapalua Bay Villas
  • Land area 716,562 sqft / 16.45 acres
  • City of Maui Lahaina
  • Region Kapalua
  • Island Maui
  • View Ocean
  • Virtual Tour View (external link)

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$7,113
Taxes
$19,735
HOA dues
$947
$27,795 per month
Mortgage
Down payment
$279,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $7,113 / month

Neighborhood: Kapalua

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
6.83 / 20
Car dependent
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Building: Kapalua Bay Villas I

Building community amenities and features

Unit features
Barbecue, Tennis Court(s)

Kapalua prices

Average price $670.24k
Neighborhood average sales price*
$670.24k
Neighborhood median sales price*
$469.5k
Number or sales*
256
Street median sales price*
$337.5k
*last 6 months

Schools

15 schools in this area
School rating Distance
NR
Maui Preparatory Academy
5095 Napilihau Street, Lahaina, HI 96761
Elementary School
1.196mi
NR
Maui Preparatory Academy
5095 Napilihau Street, Lahaina, HI 96761
Middle School
1.196mi
NR
Maui Preparatory Academy
5095 Napilihau Street, Lahaina, HI 96761
High School
1.196mi
School rating Distance
NR
Maui Preparatory Academy
5095 Napilihau Street, Lahaina, HI 96761
1.196mi
NR
Princess Nahienaena Elementary School
816 Niheu St, Lahaina, HI 96761
7.985mi
NR
Sacred Hearts School & Early Learning Center
239 Dickenson Street, Lahaina, HI 96761
8.761mi
NR
King Kamehameha Iii Elementary School
611 Front St, Lahaina, HI 96761
9.173mi
NR
Waihee Elementary School
2125 Kahekili Hwy, Wailuku, HI 96793
10.747mi
School rating Distance
NR
Maui Preparatory Academy
5095 Napilihau Street, Lahaina, HI 96761
1.196mi
NR
Lahaina Intermediate School
871 Lahainaluna Rd, Lahaina, HI 96761
8.038mi
NR
Sacred Hearts School & Early Learning Center
239 Dickenson Street, Lahaina, HI 96761
8.761mi
NR
Isaiah Academy for Excellence
432 Waiehu Beach Road, Wailuku, HI 96793
13.225mi
NR
St. Anthony Junior/Senior High School
1618 Lower Main St, Wailuku, HI 96793
13.225mi
School rating Distance
NR
Maui Preparatory Academy
5095 Napilihau Street, Lahaina, HI 96761
1.196mi
NR
Lahainaluna High School
980 Lahainaluna Rd, Lahaina, HI 96761
7.778mi
NR
Global Technology High School
2050 Main Street, Unit 1C, Wailuku, HI 96793
13.023mi
NR
Isaiah Academy for Excellence
432 Waiehu Beach Road, Wailuku, HI 96793
13.225mi
NR
St. Anthony Junior/Senior High School
1618 Lower Main St, Wailuku, HI 96793
13.225mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Jun 4, 2026
Date Event Price $/sqft Source
Jun 4, 2026 New Listing $1,395,000 +64.12% $1,402.01 MLS #409833
Apr 1, 2019 Sold $850,000 -3.35% from last sold price $854.27 Public Record
Feb 7, 2019 Pending $879,500 $883.92 MLS #380716
Nov 23, 2018 New Listing $879,500 -2.22% $883.92 MLS #380716
Jul 23, 2018 For sale $899,500 $904.02 MLS #377614
Apr 2, 2018 Price Decrease $899,500 -5.27% $904.02 MLS #377614
Feb 24, 2018 New Listing $949,500 -3.99% $954.27 MLS #377614
Jan 19, 2016 New Listing $989,000 -8.85% $993.97 MLS #368048
Jan 6, 2016 Unavailable $1,085,000 $1,090.45 MLS #365279
Jun 10, 2015 New Listing $1,085,000 -5.65% $1,090.45 MLS #365279
Nov 13, 2013 New Listing $1,150,000 $1,155.78 MLS #358385
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Tax & MLS details 500 Bay Dr unit 12B3, Lahaina, HI, 96761

MLS #409833
Current Property Taxes p/month
$19,735
Property Tax Year
2025
TMK
2420010240010
Listed by
Real Broker
Cell: 808-298-2030
MLS #
409833
Hawaii House tour report for this condo
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 500 Bay Dr unit 12B3

What is 500 Bay Dr unit 12B3?

500 Bay Dr unit 12B3 is a condo in the Kapalua Bay Villas I building located in Lahaina, HI. This is a 1 bed, 2 baths condo in the Kapalua neighborhood. This apartment has 995 sqft interior space with ocean views.

When was this condo built and last sold?

This house was build in 1977.

What is the full address of this condo?

500 Bay Dr unit 12B3, Lahaina, HI, 96761.

Are there beaches near 500 Bay Dr unit 12B3?

No, there aren't.

Based on information from the Realtors Assoc. of Maui. Copyright 2026 by REALTORS® Association of Maui, Inc. Listing courtesy of Real Broker. This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.

Listings last updated on June 04, 2026.
Hawaii House Last checked 2 years ago.

500 Bay Dr unit 12B3 is a condo in the Kapalua Bay Villas I building located in Lahaina, HI. This is a 1 bed, 2 bath condo in the Kapalua neighborhood. This apartment has 995 sqft interior space with  Ocean views. The neighborhood is Kapalua and the full address is 500 Bay Dr unit 12B3, Lahaina, HI, 96761.

Condo for sale $1,395,000 500 Bay Dr unit 12B3, Lahaina, HI, 96761 1 bed | 2 baths | 995 sqft Save House Remove from Saved