Maui's Montage Residences Kapalua Bay sales top $42.5M

The Montage Residences Kapalua Bay on Maui saw sales of more than $42.5 million in four months during the first phase, with only a limited number of homes, at prices starting at $3.4 million, still for sale. Currently, there are three four-bedroom residences remaining, said Lisa Hatem, director of sales for the project. The 24-acre, all-suite Montage Kapalua Bay, which is Montage Hotels & Resorts' first property in Hawaii, was formerly branded the Ritz-Carlton Club and Residences at Kapalua Bay. Last…