What $25M buys you in Hawaii: A double-lot Maui estate in a fire-protected area

Home buyers looking for exceptional vacation homes in Kapalua have a new option, and it comes with two prime lots in Maui's elite Plantation Estates community.

Georgie Mihaila
6 Min Read
Photo credit: Andrew Keith / Compass

Maui, the second-largest island in the Hawaiian archipelago, continues to rebuild as we approach the one-year anniversary of the devastating fires that swept through the island in 2023.

And demand is picking up, with wealthy buyers eyeing idyllic vacation homes on the island — particularly in resort developments and fire-protected areas.

A stand-out area where demand is booming is Kapalua, a resort development set in one of Hawaii’s largest nature preserves that features a necklace of stunning white sand beaches, two marine sanctuaries, prime real estate, and two world-class golf courses.

“Kapalua has experienced a surge in demand over the past five years, driven by its temperate climate, sandy beaches, world-class golf courses, and expansive ocean views,” says local real estate agent Chelsea Dimin with Compass. “This is reflected in the increase of the cost per square foot from $839 in 2021 to $1,334 in 2024.”

Buyers looking for exceptional vacation homes in Kapalua have a new option, and it comes with two prime lots in Maui’s elite Plantation Estates community.

Priced at a hefty $25 million, the architecturally distinct home is known as Blue Rock Lodge and proudly sits on a generous 4.35 acres of land. And we’re here to give you a quick tour.

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A sanctuary of Hawaiian tranquility

Photo credit: Andrew Keith / Compass

Rightfully touted as a “private resort-like haven where contemporary refinement meets Hawaiian tranquility”, the Maui estate sits on two prime lots — totaling 4.35 acres — in Kapalua’s exclusive Plantation Estates.

Anchored by an elegant 7,000-square-foot architectural home, and featuring orchard pathways winding through 16 varieties of mature fruit trees, a versatile pool house, a grand library, and a five-car garage, the property is listed for $25 million with Chelsea Dimin of Compass.

The main house offers indoor-outdoor living

Photo credit: Andrew Keith / Compass

The approximately 7,000-square-foot main house showcases expansive covered lanais with breathtaking ocean views. With 3 bedrooms and 5 baths, a grand library, quiet reflection spaces, the elegant home has been designed with indoor-outdoor living in mind.

Elegant, sophisticated interiors

Photo credit: Andrew Keith / Compass

Inside, 13-foot walnut wood ceilings, 11-foot sliding doors, and Turkish Travertine floors define the main spaces, accentuated by hand-blown Venetian glass chandeliers, marble countertops, and onyx walls.

See also: This Zen Hawaii home with a waterfall right outside its window is pure house goals

Outdoor amenities include a massive pool

Resort-like amenities include a 1,320-square-foot pool and spa outside, while the primary bathroom features a 15-foot rain shower, deep soaking tub, and lavish dressing room for a spa-like experience, with a cold plunge pool, and an aromatherapy steam shower.

Also worth noting, in case the future owner loves entertaining guests and throwing large events: there’s a total of five kitchens, thoughtfully positioned throughout the property.

Set in the luxurious Plantation Estates resort community

Photo credit: Andrew Keith / Compass

The property is located in Kapalua’s prestigious Plantation Estates, known as one of Maui’s most prestigious developments. It’s also one of the priciest, commanding selling prices 36% higher than the rest of Kapalua. And prices are inching up year over year.

“In Plantation Estates, the average sales price has soared to $7.68 million, a 38.4% increase over the last three years,” listing agent Chelsea Dimin tells us. “This exclusive neighborhood currently has two active listings averaging $15,825,000, with an average market time of 82 days. In contrast, the broader Kapalua market has 10 single-family homes for sale, averaging $13,538,000 and 181 days on the market.”

It has the potential to set a new record for the upscale enclave

Photo credit: Andrew Keith / Compass

Even for the ritzy area it’s set in, Blue Rock Lodge has all the hallmarks of a record-breaker — and could potentially set a new record it is sells for anything close to the full asking price ($25 million).

Currently, Plantation Estate’s most expensive home ever sold closed last year for $24 million.

Demand is high for luxury homes in the area

Photo credit: Andrew Keith / Compass

“Despite the market slowdown after the Maui fires last August, demand for Kapalua properties, especially in fire-protected areas like Plantation Estates, remains strong,” Chelsea says, before adding that “Over the past year, nine single-family homes sold in Kapalua with an average price of $4,928,333.” Which means potential buyers shouldn’t sit too long on this one.

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With a decade-long career as a digital content creator, Georgie started out as a real estate journalist for Multi-Housing News & CPExecutive. She later transitioned into digital marketing, working with leading real estate websites like PropertyShark, RENTCafé and Point2Homes. After a brief but impactful stint in the start-up world, where she led the marketing divisions of fintech company NestReady and media publisher Goalcast, Georgie returned to her first passion, real estate, and founded FancyPantsHomes.com