Hawaii Living

Kapalua Bay Villas #23B3 (Kapalua)

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500 Bay Dr #23B3, Lahaina

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Description
Located along the Kapalua coast, this oceanfront Bay Villa features breathtaking, unobstructed views of the Pacific Ocean, Molokai, and the dramatic coastline. With no stairs to access, this is a rare single-level, two-bedroom villa--one of only six located on the second floor at the Bay Villas. This beautifully designed villa boasts elegant, contemporary furnishings from Maui Hue. Both the primary and guest suites have private oceanfront lanais. The orientation is sheltered from prevailing trade winds, perfect for watching Maui’s magnificent sunsets and whales in the winter. As part of the Kapalua Bay Villas, owners and guests enjoy access to three swimming pools, tennis courts, and hiking trails. The Kapalua Resort is anchored by the Ritz-Carlton, Kapalua and Montage Kapalua Bay. The Resort is known for its championship golf courses, award winning restaurants, white sand beaches, and an abundance of natural beauty. This villa captures the essence of relaxed, island living.
Recent Activity
  • Dec 16, 2025 Listed at $3,199,000
  • Jul 25, 2025 Off Market
Recent Sales
(Kapalua Bay Villas)
  • #22 G 123: 2 Bds | 3 Ba @ $3.39M (10/7/25)
  • #36G-4: 1 Bd | 1 Ba @ $1.3M (8/18/25)
  • #14-G2: 1 Bd | 1 Ba @ $1.5M (4/15/24)
  • #15G123: 2 Bds | 3 Ba @ $2.95M (2/26/24)
  • #35G-2: 1 Bd | 1 Ba @ $1.8M (12/5/23)
  • #32B3: 1 Bd | 1.5 Ba @ $1.7M (8/28/23)
  • #17G4: 1 Bd | 1 Ba @ $1.5M (6/2/23)
  • #35B2: 1 Bd | 2 Ba @ $1.9M (4/14/23)
  • #37G-1: 1 Bd | 2 Ba @ $1.399M (4/11/23)
  • #17B3: 1 Bd | 2 Ba @ $1.695M (3/15/23)
  • #16-B2-4: 2 Bds | 2.5 Ba @ $2.895M (12/30/22)
  • #34B4: 1 Bd | 1 Ba @ $1.624M (7/22/22)
  • #33-G2: 1 Bd | 1 Ba @ $1.4M (6/13/22)
  • #30B3-4: 2 Bds | 3 Ba @ $3.2M (4/7/22)
  • #32G4: 1 Bd | 1 Ba @ $1.4M (3/28/22)
  • #20-G4: 1 Bd | 1 Ba @ $1.625M (3/21/22)
  • #37-G1: 1 Bd | 2 Ba @ $1.3M (2/18/22)
  • #31-G1: 1 Bd | 1.5 Ba @ $1.355M (2/17/22)
  • #33B1: 1 Bd | 1 Ba @ $1.45M (2/14/22)
  • #17-G5: 1 Bd | 2 Ba @ $1.25M (12/23/21)
  • #36-G5: 1 Bd | 2 Ba @ $1.525M (12/20/21)
  • #33-B2: 1 Bd | 1.5 Ba @ $1.1M (12/10/21)
  • #28 B2: 2 Bds | 3 Ba @ $2.2M (11/17/21)
  • #23-G1: 1 Bd | 1.5 Ba @ $1.379M (10/25/21)
  • #16G3,4,5: 2 Bds | 3 Ba @ $1.895M (10/7/21)
  • #29B4: 1 Bd | 1 Ba @ $1.225M (9/22/21)
  • #30-G1: 1 Bd | 2 Ba @ $1.4M (9/22/21)
  • #19B4: 1 Bd | 1 Ba @ $1.095M (9/16/21)
  • #24B1-2: 2 Bds | 3 Ba @ $2.9M (9/2/21)
  • #34G4: 1 Bd | 1 Ba @ $1.14M (7/9/21)
  • #19G4: 1 Bd | 1 Ba @ $1.15M (7/1/21)
  • #26B1: 1 Bd | 1 Ba @ $1.498M (6/24/21)
  • #12-G4: 1 Bd | 1 Ba @ $980K (6/10/21)
  • #25-G5: 1 Bd | 2 Ba @ $1.22M (5/28/21)
  • #14-B2: 1 Bd | 1.5 Ba @ $1.058M (5/28/21)
  • #33G3-5: 2 Bds | 3 Ba @ $1.545M (5/14/21)
  • #11G3-4-5: 2 Bds | 3 Ba @ $1.1M (5/13/21)
  • #30G3,4,5: 2 Bds | 3 Ba @ $2M (5/10/21)
  • #24G1-2: 1 Bd | 2 Ba @ $1.13M (4/30/21)
  • #25B1-2: 2 Bds | 3 Ba @ $1.7M (4/27/21)
  • #38G3: 1 Bd | 1.5 Ba @ $755K (4/26/21)
  • #38G1-2: 1 Bd | 2 Ba @ $800K (4/23/21)
  • #14B3-4: 2 Bds | 3 Ba @ $1.8M (3/23/21)
  • #29-G4: 1 Bd | 1 Ba @ $835K (3/23/21)
  • #11-B1: 1 Bd | 1 Ba @ $765K (3/19/21)
  • #38B2: 2 Bds | 3 Ba @ $1.275M (2/25/21)
  • #34G1-2-3: 2 Bds | 3 Ba @ $2.2M (2/25/21)
  • #25G4: 1 Bd | 1 Ba @ $920K (2/12/21)
  • #20-B4: 1 Bd | 1 Ba @ $868K (12/15/20)
  • #20-B1-2: 2 Bds | 3 Ba @ $1.9M (12/4/20)
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.72
  • Price / ft²: $2,128
  • Zoning: A-2
  • View: Ocean
  • TMK: 2420010240065
  • Courtesy: Island Sotheby's International Realty(L) / 808-250-0210
  • MLS: 408142
About Kapalua Bay Villas
  • Address: 500 Bay Dr, Lahaina, HI 96761.
     
  • Built: 1977, 141 1 & 2BR Units in 27 1 & 2-Story Buildings on 16 Acres.
     
  • Amenities: 3 Pools, 2 Tennis Courts, BBQs, Recreation Area.
     
  • Short-term Vacation Renting: Allowed.
     
  • Developer: Kapalua Land Co.

Kapalua Bay Villas is a gated, oceanfront community that looks out at the waters of Oneloa Bay. The residences are one bedroom & two bedroom with interiors of 989 to 1,547 Sq Ft and 2 or 3 lanais on the exterior. One bedrooms make up about 2/3 of the homes here. Both the one and two be




  ... Read more
The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on January 08, 2026.Information is deemed reliable but not guaranteed.
Other Kapalua Bay Villas Listings
$3,299,999
Kapalua Bay Villas #16-B2-3-4
2 Bds | 3 Ba
1,503 ft²
$3,495,000
Kapalua Bay Villas #30B3-4
2 Bds | 3 Ba
1,697 ft²
$2,850,000
Kapalua Bay Villas #28B2
2 Bds | 3 Ba
1,447 ft²
$2,275,000
Kapalua Bay Villas #37B3,4,5
2 Bds | 2.5 Ba
1,503 ft²
Other Lahaina Condos
Kapalua
$3,250,000
Kapalua
$2,995,000
Kapalua
$3,600,000
Montage Residences Kapalua Bay #4304
2 Bds | 2.5 Ba
1,774 ft²
Kapalua
$3,850,000
Kapalua Ironwoods #62
2 Bds | 3 Ba
1,750 ft²
Kapalua
$2,350,000
Kapalua Ridge #2221-22
2 Bds | 3 Ba
2,007 ft²
Kaanapali
$3,050,000
Kaanapali Shores #502
2 Bds | 2 Ba
1,507 ft²
  • Asking Price: $3,199,000
Description
Located along the Kapalua coast, this oceanfront Bay Villa features breathtaking, unobstructed views of the Pacific Ocean, Molokai, and the dramatic coastline. With no stairs to access, this is a rare single-level, two-bedroom villa--one of only six located on the second floor at the Bay Villas. This beautifully designed villa boasts elegant, contemporary furnishings from Maui Hue. Both the primary and guest suites have private oceanfront lanais. The orientation is sheltered from prevailing trade winds, perfect for watching Maui’s magnificent sunsets and whales in the winter. As part of the Kapalua Bay Villas, owners and guests enjoy access to three swimming pools, tennis courts, and hiking trails. The Kapalua Resort is anchored by the Ritz-Carlton, Kapalua and Montage Kapalua Bay. The Resort is known for its championship golf courses, award winning restaurants, white sand beaches, and an abundance of natural beauty. This villa captures the essence of relaxed, island living.
    The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on January 08, 2026.Information is deemed reliable but not guaranteed.
    • Dec 16, 2025 Listed at $3,199,000
    • Jul 25, 2025 Off Market
    • Address: 500 Bay Dr, Lahaina, HI 96761.
       
    • Built: 1977, 141 1 & 2BR Units in 27 1 & 2-Story Buildings on 16 Acres.
       
    • Amenities: 3 Pools, 2 Tennis Courts, BBQs, Recreation Area.
       
    • Short-term Vacation Renting: Allowed.
       
    • Developer: Kapalua Land Co.

    Kapalua Bay Villas is a gated, oceanfront community that looks out at the waters of Oneloa Bay. The residences are one bedroom & two bedroom with interiors of 989 to 1,547 Sq Ft and 2 or 3 lanais on the exterior. One bedrooms make up about 2/3 of the homes here. Both the one and two be




      ... Read more
    Other Kapalua Bay Villas Listings
    $3,299,999
    Kapalua Bay Villas #16-B2-3-4
    2 Bds | 3 Ba
    1,503 ft²
    $3,495,000
    Kapalua Bay Villas #30B3-4
    2 Bds | 3 Ba
    1,697 ft²
    $2,850,000
    Kapalua Bay Villas #28B2
    2 Bds | 3 Ba
    1,447 ft²
    $2,275,000
    Kapalua Bay Villas #37B3,4,5
    2 Bds | 2.5 Ba
    1,503 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
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