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West Maui land is in transition. For about 100 years, the land above the coastal road in most of West Maui was farmed in sugar and what tourism that existed consisted of a handful of lodges and inns in Lahaina. Kaanapali became the hub of the new Maui tourism industry that replaced sugar as the central engine of the Maui economy. A key element of this economic model was the ability of plantation owners to sell off house and larger development sites within the boundaries a resort entity where they ultimately maintained the high standards their buyers expected. This development formula – which has since been followed worldwide – was basically created at Kaanapali. The sugar fields that once marched up the West Maui slopes are now being replaced by new residential development.
Land sales in the Kaanapali Resort have been sporadic over the last few years, indicating limited inventory which will drive prices. Resort communities typically have strong development controls in order to protect the quality that many owners expect from such well appointed neighborhoods. That may work for some owners, while others may be interested in the wider options offered in the communities surrounding the Kaanapali Resort.
To find the property that best fits your West Maui Real Estate needs, contact the Smith Team. They bring knowledge and experience that will help guide you to the property to build your new Maui home on.
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