Koa Lagoon is a beachfront condominium complex situated in the heart of Kihei. Every unit at the boutique resort-style property has direct ocean views.
Offering convenient ocean access, the property is located directly on the stunning Sugar Beach and adjacent to the historic Koieie Fishpond, featuring a calm swimming area protected by a rock wall. A short distance away is the Hawaiian Islands Humpback Whale Sanctuary, where whales make frequent sightings during winter.
The complex encompasses 42 one- and two-bedrooms units in a six-story concrete building with an elevator and open-air stairways. The one-bedroom condos are 647 square feet while the two-bedrooms span 979 square feet. Every residence has a lanai and in-unit washer and dryer. Several have been upgraded with air conditioning, either with window units or split systems.
The grounds of Koa Lagoon are beautifully manicured with hibiscus flowers and palm trees spread across a wide lawn complete with two gas grills and picnic tables. Residents can enjoy the outdoors at the complex’s small private beach area or heated outdoor pool - both offering sweeping views of the ocean.
For added ease, there is a storage space for water sports equipment and an on-site parking lot.
Over the past 3 years, an average of 1.7 fee simple condos sold per year in Koa Lagoon. With so few sales, this graph may not fully reflect market trends.
The Koa Lagoon graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.
