Maui Lani Terraces is a condominium complex in the heart of Honokowai. Some units at this charming property boast alluring ocean views. While not directly on the beach, it is located just across the street from Honokowai Beach Park, a family-friendly beach featuring a playground and reef perfect for snorkeling. Shops, restaurants and coffee shops are just a stone’s throw away.
It consists of seven three-story buildings without elevators, named A through G. They’re terraced to maximize ocean views from the higher floors of most buildings. The studios to two-bedrooms range between 330 and 712 square feet. Each has a lanai, with those on the ground floor having an enclosed patio. Every condo includes ensuite washers and dryers plus window or wall air conditioners in the living area.
Beautifully landscaped, Maui Lani Terraces features palm and plumeria trees around the grounds alongside lush tropical plants in the courtyards.
The complex' amenities may be used by occupants at the adjacent Leinani Apartments. The pool terrace has an inviting outdoor pool with a cabana, as well as a barbecue area equipped with two gas grills and tables. For those who enjoy staying active, a well-appointed fitness center is conveniently located on-site.
Each unit is allocated one or two assigned parking stalls, with additional guest parking available.
Over the past 3 years, an average of 6.7 fee simple condos sold per year in Maui Lani Terraces. This small sample size means the graph may not capture the full market picture.
The Maui Lani Terraces graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Maui Lani Terraces Market Summary (February '25 - January '26 vs February '24 - January '25)
Median Sales Price: $280,000 vs $345,000 — down 18.84%
Number of Sales: 3 vs 6 — down 50.00%
List-to-Sale Price Ratio: 93.65% vs 91.39% — up 2.47%
Median Days on Market: 222 vs 102 — up 117.65%
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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.