Hawaii Real Estate CPR/ Residential Condo


For those searching the Hawaii Real Estate market, there is an unfamiliar term that should be of interest: CPR - Condominium Property Regime, also referred to a 'Residential Condo' in search terms. So what is a CPR? In the State of Hawaii, a property may be condominiumized into separate 'condo' units (units of ownership) in most cases with an 'appurtenant' limited common element - so although the underlying land continues to be one parcel, a condominium map further defines each 'unit' and their respective limited common elements. So why CPR and not subdivide instead? Well, in many cases it may simply not be possible to subdivide (not sufficient size or infrastructure, as examples) or it may not be economically viable to do so. The resulting CPR 'condo units' may seem like single-family homes, built as separate structures, having no discernible shared common elements, but for in the legal sense are condominiums. Examples of these are ample in the Launiupoko real estate market, but of course there are other areas throughout the State in which CPR's will be found. There are various unique nuances that must be taken into account when assessing a CPR unit - as an example, in Launiupoko due to agricultural zoning, one of the CPR units is designated as the 'main residence' and the other as a 'cottage' (cannot exceed 1,000 sq. ft. of interior living area). In essence, as the land remains one individual parcel, owners can only construct structures (to then be individual CPR units, if so desired) that would be allowed to be built in the one parcel as subject to zoning and building codes. Contact our team of experts to best guide you throughout the process and connect you with attorneys well versed with the CPR process

The process of CPR'ing a parcel includes submission of a Declaration of a Condominium Property Regime, By-Laws of the condominium association made up of unit owners; a condo map; and Master Deed or Lease, as applicable. Each unit can be sold and mortgaged independent of one another and in many cases there are no association fees as there are no shared common elements.

This is an example of a CPR on Launiupoko, Maui. It looks and acts completely as a Single-Family Residence, but the underlying land has been condominiumized.

Hawaii Residential Condominium on Maui

In some cases, the underlying land is not sub-divisible due to existing Community Plans, subdivision CC&R's or County Zoning and may be prime opportunities for CPR'ing. An example of this can be found in Maluhia at Wailea, which is one of the most exclusive neighborhoods in the Wailea resort area. Each luxury estate functions as a single-family residence but it is in essence a 'condominium unit'.

To learn more about 'Residential Condos' / CPR and what such ownership entails, review our Hawaii Real Estate CPR brochure (written/produced by Real Estate Branch, Department of Commerce and Consumer Affairs). To discuss in greater detail, contact us by submitting the form below.

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The below are SAMPLE listings only and do NOT encompass all available in the State of Hawaii.  Due to how data is inputted, it is also possible that listings below may not be a residential condominium. For more information regarding a specific micro-market or listing, contact our team today.

Launiupoko Properties For Sale

Active
Photo of Listing #396225
Virtual Tour

Makila Ranches Phase 1 147 Haniu St A, Lahaina

$11,500,000 - 7 Beds, 6.00 Baths, 6,635 Sf

MLS® # 396225

Fee Simple
Maui Luxury Real Estate LLC
Pending
Photo of Listing #393917

Mahanaloa Nui 426 Wailau Pl, Lahaina

$9,750,000 - 5 Beds, 6.00 Baths, 6,695 Sf

MLS® # 393917

Fee Simple
Keller Williams Realty Maui-L
Active
Photo of Listing #396378
Virtual Tour

Mahanalua Nui Phase I 57 Wai Kulu Pl, Lahaina

$8,195,000 - 5 Beds, 6.00 Baths, 4,557 Sf

MLS® # 396378

Fee Simple
Compass
Pending
Photo of Listing #392937
Virtual Tour

Makila Plantation II 80 Lau Awa Pl, Lahaina

$8,000,000 - 4 Beds, 4.00 Baths, 5,281 Sf

MLS® # 392937

Fee Simple
Keller Williams Realty Maui-Ka
Active
Photo of Listing #395984
Virtual Tour

Mahanalua Nui Phase IV 80 Wai Kulu Pl A, Lahaina

$7,995,000 - 5 Beds, 6.00 Baths, 4,077 Sf

MLS® # 395984

Fee Simple
Compass
Active
Photo of Listing #396535

Mahanalua Nui 105 Awaiku St, Lahaina

$6,985,000 - 5 Beds, 6.50 Baths, 5,222 Sf

MLS® # 396535

Fee Simple
Realty ONE Group Pacifica
New Listing
Photo of Listing #396634
Virtual Tour

Mahanalua Nui IV 54 Iliahi Way, Lahaina

$5,900,000 - 4 Beds, 4.50 Baths, 3,387 Sf

MLS® # 396634

Fee Simple
Compass
Pending
Photo of Listing #395865

Mahanalua Nui 138 Awaiku St, Lahaina

$5,200,000 - 6 Beds, 6.00 Baths, 3,832 Sf

MLS® # 395865

Fee Simple
Corcoran Pacific Properties - L
Active
Photo of Listing #394856
Virtual Tour

Launiupoko 352 Punakea Loop, Lahaina

$4,598,000 - 1 Beds, 2.00 Baths, 996 Sf

MLS® # 394856

Fee Simple
Island Sotheby's Int'l Rlty(L)
Active
Photo of Listing #396365
Virtual Tour

Mahanalua Nui 1033 Kai Hele Ku Pl, Lahaina

$4,550,000 - 3 Beds, 2.50 Baths, 1,521 Sf

MLS® # 396365

Fee Simple
Hawaii Life (L)
Active
Photo of Listing #393463
Virtual Tour

Puunoa 56 Wili Okai Way, Lahaina

$4,250,000 - 2 Beds, 2.00 Baths, 1,633 Sf

MLS® # 393463

Fee Simple
Coldwell Banker Island Prop-KP
Pending
Photo of Listing #396195
Virtual Tour

Mahanalua Nai Phase IV 16 Pua Niu Way Unit B, Lahaina

$3,699,000 - 3 Beds, 2.50 Baths, 1,574 Sf

MLS® # 396195

Fee Simple
Keller Williams Realty Maui-L
New Listing
Photo of Listing #396594

Makila Ranches I 1001 Haniu St B, Lahaina

$3,600,000 - 2 Beds, 2.00 Baths, 1,000 Sf

MLS® # 396594

Fee Simple
West Maui Land Company Inc
Active
Photo of Listing #396027
Virtual Tour

MAHANALUA NUI SUBD PH II 633 Kai Hele Ku St A, Lahaina

$2,798,000 - 3 Beds, 3.00 Baths, 1,012 Sf

MLS® # 396027

Fee Simple
Coldwell Banker Island Prop-KP
Active
Photo of Listing #395072
3-D Tour

Mahanaluanui IV 70 Wailau Pl, Lahaina

$2,500,000 - 2 Beds, 2.00 Baths, 1,006 Sf

MLS® # 395072

Fee Simple
Compass
Active
Photo of Listing #395537

Puunoa 255 Hokiokio Pl A, Lahaina

$2,195,000 - 481,774 Sf

MLS® # 395537

Fee Simple
Coldwell Banker Island Prop-KP
Active
Photo of Listing #395538

Puunoa 255 Hokiokio Pl B, Lahaina

$1,895,000 - 481,774 Sf

MLS® # 395538

Fee Simple
Coldwell Banker Island Prop-KP
Pending
Photo of Listing #395543
3-D Tour

Mahanalua 60 E Huapala Pl A, Lahaina

$1,695,000 - 2 Beds, 2.00 Baths, 996 Sf

MLS® # 395543

Fee Simple
Hawaii Life (PA)
Active
Photo of Listing #395539

Puunoa 255 Hokiokio Pl C, Lahaina

$1,495,000 - 481,774 Sf

MLS® # 395539

Fee Simple
Coldwell Banker Island Prop-KP
Active
Photo of Listing #396397
Virtual Tour

Mahanalua Nui 859 Kai Hele Ku St A, Lahaina

$1,400,000 - 90,953 Sf

MLS® # 396397

Fee Simple
Keller Williams Realty Maui-L

Listings provided courtesy of the REALTORS® Association of Maui.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.