If you wish to report an issue or seek an accommodation, please let us know. Grassy greens, sunny yellows, sky blues this space from HGTV Magazine is a force of nature. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Most Expensive States. The estate is close to three Championship Golf Courses and a five-star Wailea hotel. The lower level has a media room, full bath, gym and a bar opening to a 1,600-square-foot pool and spa. Beaches, sun, and the pristine waters of the Pacific Ocean. The average home value in Hickam Housing is $0, the lowest in the state. In one of the most anticipated series premieres in HGTVs new season lineup, home renovation star Alison Victoria heads to her home town of Chicago to restore vintage homes in the citys historic neighborhoods. This Wailea property, known as sandy surf, isnt used as a full-time residence. From plantation towns to planned communities, Central Oahu has its share of secret spots, a bumper crop of bowling alleys and neighborhood eats. You can then compare these metrics in each of the places in Hawaii to figure out which is the least expensive. When you buy via links on our site, we may earn an affiliate commission at no cost to you. Whether they are recently built or historical architectural marvels, you will surely fork out enormous cash for the following Hawaiian homes. For awesome views of Mount Waialeale and jungle valleys, definitely check out the Kuilau Ridge Trail in Kapaa.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'homesnacks_com-leader-4','ezslot_19',115,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-leader-4-0'); Population: 9,961Rank Last Year: 6 (Down 4)Home Price To Income Ratio: 6.2x (2most affordable)Income To Rent Ratio: 60.1x (17th cheapest)More On Kapaa: Real Estate|Cost Of Living. Currently operated as a business (Silver Falls Ranch), this property could be bought as an investment, by continuing the ranch commercially, or bought to enjoy your private equestrian retreat. Please switch to a supported browser or download one of our Mobile Apps. (There are no lots 2 and 3Dell combined three 1-acre parcels.) Pool. This Wailea house, the most expensive residential property on Maui, and one of three houses on our list within a 2-mile stretch of coastline, is owned by Thom Weisel, a financier who. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Located on the sunny Kona side of Hawaiis Big Island, this 6 BD/7.5 BA home sits on 1.3 acres within Kukio, an oceanfront private club. A short drive from some of the worlds most beautiful beaches and surrounded by high-quality golf courses, life in the community might seem beyond reach. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Kohala Coast, There are many gorgeous listings available in this area, but one of the most expensive homes currently available is Mylestone at Meadow Lane, located in Southampton, New York. This estate is located on over 237 acres on Kauais North Shore. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-leader-2','ezslot_17',120,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-leader-2-0');With that example in mind, we derived several statistics from the latest Census American Community Survey 2016-2020 around incomes and costs. Now state leaders are ready to start opening back up to visitors. High-end resort-quality amenities include a lagoon pool, tennis court, sauna, media rooms, and fitness facilities. For buyers on the huntfor luxurious island property (and who isnt, really) and who have always wanted the opportunity to run into Mark Zuckerberg ontheir way to pick upa morning coffee, this may betheir opportunity. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. The bar starts at $16 million and goes up from there. This sleek Kona abode belongs to Sandra Kurtzig, who Entrepreneur Magazine called the first lady of computers. Kurtzig founded ASK Computer Systems out of her apartment in 1972, selling inventory-tracking and business-information software, and turned her tiny startup into a heavy hitter with 91 offices in 15 countries. Overlooking Kauai's North Shore - and beyond - from its position above Secret Beach, this 28-acre, four-parcel estate awaits new owners to take its swankiness to the next level. Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. See Also:What Is the State Flower of Hawaii? In Hawaii Kai the median sale price for homes on the market is about $1.5m, however, high-end properties can be listed at a much higher price point. Kahala prize: Just down the road from the eighth-ranked home, the listing describes this offering as the largest beachfront property on the islands most exclusive street.. This home has three bedrooms, each with a bathroom suite offering a view of the mountain ranges and mesmerizing ocean waves. 4508 Makena Rd, Kihei, HI. The Top-25 Club turns out to be a whos who of tech CEOs, venture capitalists and other financial-service barons, almost all from out of state. Hale 'Ae Kai is listed for $70 million by Neal Norman of Hawaii Life Real Estate Brokers. Hawaii also has one of the nation's highest median incomes at $80,729 annually. The cost of living in Hawaii is 20.0% higher than the US average. There are multiple master suites, and many features accentuating the luxury of this property. 72-2747 Uluweuweu Akau Pl, Kailua Kona, HI. You can download the data here. 72-2747 Uluweuweu Akau Pl, Kailua Kona house was sold in December 2020. Its one of the older houses on our list, built in 1992, but has kept its value admirably, with an assessment of $14.7 million. This diamond of a property belongs to Bandel and Paula Carano. When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. Representative of the perfect tropical island, Kauai has attracted many film and television producers who have made more than 70 films there including Donovan's Reef, Blue Hawaii, Jurassic World, The Thorn Birds and the pilot and first episode of Gilligan's Island. Although its right above one of the areas finest beaches, its secluded from the hubbub of nearby Waikiki. This majestic home is a three-level suite house, and the rooftop gives access to every RITZ facility. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. The median home price in Wailuku is $463,500, which is higher than the rest of the nation but still lower than the average price in Hawaii. Homes, Keep in mind, just because these places in Hawaii are affordable, doesnt mean that theyre not nice. The two of the three developed parcels have a 5-bedroom, 5-bathroom architectural marvel as the main house. Two of the big famous spots are the Diamond Head Lighthouse, which just turned 100 years old, and the Doris Duke Estate. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. (And shes got a few other irons in the fire as well.). Living in Hawaii is so expensive that more . Antilia | Mumbai, India. The upper level has a 25-foot ceiling held by a curtain wall revealing the beautiful Waikiki beach line and dazzling city skyline at night. The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. Join the party! The only thing Hawaiian Paradise Park doesnt have going for it is affordable rent, which keeps it from a higher position on this list. 3 spot even though it sits in the middle of acres of black lava rock in Kona; the luxury subdivision and golf course that will eventually surround it have yet to be built. If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. The median home value in the area sits at $392,800. Oahu has some famously expensive neighborhoods, such as Kahala, Portlock and Lanikai, but they dont appear in the top 10 spots on our list. Metros with the most cities in the top 30 in Hawaii #1.. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-01 09:52:23 PST. The oceanfront property includes access to an 18-hole golf . In fact, there are only six Oahu properties on the entire list. Oftentimes near the ocean or overlooking the ocean. . The lighthouse is a true landmark and still functions as a beacon announcing many ships to Honolulu. Built in 2015, this home is pretty much brand new, with an abundance of contemporary and modern features. This may be the hardest item on this list to believe. The farm manager/caretakers two-bedroom, two-bath residence is nearby and surrounding farmland acts as a barrier between the gated compound and other development. With 360 degree views from mauka to makai, the price tag of this property speaks to the fact of the priceless location in Hanalei. Maui County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Hawaii as a whole. Bartz has a long tech pedigree: When she purchased the property in 2006, she was working as president and CEO of Autodesk, a design software company, and has also worked at Sun Microsystems and Digital Equipment Corp. Honolulu. Expanding the scope to all of Hawaii has raised the stakes considerably: While the top property in 2005 was assessed at $15.2 million, that number wouldnt even get you on the bottom rung of this years list. That figure actually represents the fifth lowest mark in the state. The beaches in Hawaii make for some of the most serene waterfront views that any homeowner would be lucky to have. The 15.33-acre property comes with one main house, two guest pavilions, and a caretakers residence. It's so expensive to live in Hawaii that the U.S. Department of Housing and Urban Development considers a family of four in Hawaii making under $93,000 a year to be "low income.". On Big Island, your average family home can go for around $330,400, while the same would fetch $625,500 on Kauai.

The cheapest housing market in Hawaii is Hickam Housing. Another historical property, Villa Leopolda in the French Riviera, is valued at an impressive $750 million. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. The two guest pavilions feature king-sized beds, bar and refrigerator, full baths and lanais. He sold his mansion on the Bluffs of Mauna Kea (No. Kai Moena, "House of the Resting Sea," listed for $30 million, is the most expensive home currently available on O'ahu. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Hawaii is also one of a few US states to have once been an independent nation. Rank Last Year: 9 (Down 2) Home Price To Income Ratio: 8.1x (10th most expensive) Income To Rent Ratio: 42.4x (8th most expensive) More on Kahaluu-Keauhou: Real Estate | Data. Consisting of 10 separate parcels, this park-like estate is truly a private compound. However, when you are a homeowner in Hawaii, it gets pretty expensive. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Take a Peek Inside Hawaii's Most Expensive Home, Kendra Wilkinson Takes on the Los Angeles Real-Estate Market in New Discovery+ Series, Karen E Laine Takes It Outside in the HGTV Special 'Good Bones: Better Yard', Get to Know Nashville's Real Estate Market, Alison Victoria Takes on High-Stakes Renovations in HGTV's New Series 'Windy City Rehab', Jackson Hole Home Takes Cues From Surroundings, Take a Spin Around This Bright and Sunny Kitchen, 52 Best Pots and Planters for Every Style and Budget, The Best Places to Buy Stylish, Affordable Rugs Online, 40Things You Need for Your Next Road Trip, 37 Women-Owned and Founded Home Brands We Love, The Best Futons for Every Budget and Style, Everything We're Shopping From Martha Stewart's New 'World of Martha' Storefront on Amazon, 8 Products We Were Influenced to Buyon Amazon That We Actually Love, 12 Outdoor Sectionals for Every Style and Budget, The 17 Best Home Decor Pieces on Amazon That Look Expensive, This Down-Alternative Bed Pillow Mimics Down So Well I Had to Double Check the Tag, The Best Kitchen Rugs for Style and Function, The Best Outdoor String Lights for Every Space, 10 Backyard Greenhouses You Can Buy Online, The Best Mosquito Repellents for Outdoor Spaces in 2023, Tested by HGTV Editors, The Best Pressure Washers Under $500 for Every Job, The Best Outdoor Privacy Screen Ideas for Every Space, The Best Bath Mats for Comfort and Functionality, 40+ Stylish Outdoor Chaise Lounges for Every Budget, I Splurged on a Purple Mattress, and It Was Worth Every Penny, Shoppers Swear By These Amazon Basics Must-Buys, The Best Shower Curtains for Style and Functionality. At $12.8 million, it is the most expensive house for sale in the state . We've rounded up the top 10 most expensive homes currently for sale in Honolulu so you can see how the ultra-rich and famous live. No, were talking about luxurious locations with private beaches, lanais, infinity pools, tennis courts, and guest cottages for family and friends. The previous record for the most expensive single-family home sold in Hawaii belonged to a Maui estate that sold for $41.8 million in 2015. of Maui and should not be relied upon without independent verification. . Moneycant buy happiness, but it can buy you a private tropical compound, which seems like a decent start down the road to pure bliss. Big Island, They are: We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc). NUMBER ONE 1118 Ala Moana Boulevard, GPH 36, Honolulu | MLS #:201612214 $36,000,000 5 bedrooms 5 full baths 1 half baths 10,076 sqft Renting in Hawaii is much more expensive than most places on the mainland - and it all depends on location. This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. More importantly, if you choose to live in one of Hawaiis most affordable places, you will have plenty of extra money to do the fun things that Hawaii offers. Out of the 10 homes on this list, only 2 have over 10 acres of land included in the sale. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. Below are the top 10 most expensive homes currently for sale in Hawaii: 10.

"}}, {"@type": "Question", "name": "What is the cheapest housing market in Hawaii? The average living wage in Maui County is $103,095 . One seating area is mostly surrounded by windows in case you dont want to go outdoors but still want toenjoy the verdant landscape. Artist Christian Riese Lassen is known for his paintings of vibrant oceanscapes and sparkling dolphins, and his Kapalua home is inspired by that Technicolor turquoise aesthetic. OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. It borrows greatly from 18th-century French architecture and mixes it with a pinch of modern Mediterranean buildings. The property has recently, as of 2016, undergone repair and maintenance on areas such as roofing, painting, heating, and electrical work. In fact, Ewa Gentry has the number 9.0 best home price-to-income ratio in the state. This year has proven to be quite the year for sports cars. 1. You wont need to save up your coconuts very long to buy a home in Hawaiian Paradise Park, because the median home price here is $307,400, the lowest in the state by a very wide margin. Brokerage. 5. Long-running horizontal windows cover the walls to give a clear view of the Hawaiian beach from multiple angles. Its currently being used as a short-term rental and comes with access to Kaanapali Resort amenities. Richard Rocker, the real estate agent who brokered the sale, says, I see a lot of fancy, expensive homes, and so many of them are just expensive. Perhaps its time for mainlanders to consider a move, whether short-term or permanent. In most cases, the property details are also based on publicly available city and county data. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Given these numbers, a median home value of $594,500 suddenly seems downright reasonable. Waimanalo, Hawaii, is located on the windward side of the island of Oahu. Out of thetop 10 most expensive homes in the state that are currently on the MLS market, 5 are located on Kauai. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. This property recently appeared on the market for the first time in more than 30 years. These houses are not only magnificent but also worth living in. 9. In fact, residents of Waihee-Waiehu pay the eighth lowest percentage of their income on homes, and the third lowest on rent. Here, the land definitely outweighs the house. What is the cheapest housing market in Hawaii? It sits on 7,065 sq meters, divided into three parcels along a 118 ft stretch of sandy beach. Population: 13,192Rank Last Year: 4 (Up 1)Home Price To Income Ratio: 5.8x (15th most affordable)Income To Rent Ratio: 62.8x (46th cheapest)More On Waianae: Real Estate|Cost Of Living. Theres the need and want for affordable living in the Aloha State; and surprisingly, Hawaii has just that. 10 Types of Delphinium Flower to Grow at Home (With Pictures). It is casually referred to as Hale Palekaiko, meaning House of Paradise. For sale: $14,950,000. SOLD JUN 3, 2022. However, the median household income is $52,000. It has a plantation model with a stretching green lawn and palm trees. The most expensive regions in Hawaii, United States are: 96781, HI, United States $85,716/sqft. Hotels in Hawaii are very common, but unfortunately, they won't be the best for your budget. Since housing is so expensive, labor workers need to make a certain amount of money just to survive. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. It belongs to Carol Ann Bartz, the president and CEO of Internet service company Yahoo! >Cost of living in Hawaii: 12% more expensive than U.S . Kailua. For example, if the median household earns $100,000 and spends $40,000 on housing its actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. This villa is one of those classic luxury homes; it comes with a swimming pool, a spa, a modern entertainment room, and a fully furnished kitchen. As you go through the entrance, a manicured lawn and pathways are revealed, coupled with outdoor lava rock showers. Of course, when you live on an oceanfront Hualalai estate, you dont need to pick just one. We knowthat sounds high. Located on a little over an acre, this 3 BD/2.5 BA home is just steps from the Pacific Ocean. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. The house known as Peace Harbor on West Lake Okoboji has no equal in the area. The current home on property is a little under 4,000 SF and was built in 1946 (and since renovated) and has 7 bedrooms and 4 baths. Ocean View, TV Showrunner John Wells Selling $40.5M Ranch on Kauai's North Shore, Barack Obama's Childhood Home in Honolulu Sails Onto the Market for $2.2M. It is a modern Diamond Head four-bedroom home with a perfect view of stunning Hawaiian sunsets. Leave your opinion here. Over the years, he has developed a keen interest in a wide variety of DIY projects around the home. This is our ninth time ranking the. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. $1,150,000 Last Sold Price. Naturally, theres an infinity pool with hot tub. Oceanfront, While those numbers may seem a tad high, keep in mind that the median income in Waihee-Waiehu is $109,077, so residents have plenty of cash leftover after housing is paid for. Charles Kip Thieriot, now retired, is a member of the prestigious family that founded and ran the San Francisco Chronicle, and was himself the president of Western Communications. This 28-acre ocean bluff estate has a 3 BD/3BA 2,200 SF home, 55 pool, gym, orchard, and a front row view of Kauapea or Secret Beach. With these high prices, it is hard for the people who have a bit less money to find a place to live. Population: 26,358Rank Last Year: 8 (Down 1)Home Price To Income Ratio: 5.3x (9th most affordable)Income To Rent Ratio: 57.2x (18th cheapest)More On Ewa Gentry: Real Estate|Cost Of Living. One note: We restricted this list to single parcels as defined by the county tax offices. What you are left with is a Cost of Living Index by taking the average rank of each of these metrics for each city. Homes in Waimea go for about $462,800, the eighth lowest in the state. Without further ado, here are 17 things no one tells you about living in Hawaii, including the good and the bad. Hilo, HI: 4 Read on to see which cities made the list. Haleiwa, There are two guest cottages, a wine cellar, media room, office, pool, and spa. The house is situated within a short walking distance from the Kohaniki Clubhouse. Enes Yilmazer 3.05M subscribers 934K views 2 months ago #MegaMansion #MansionTour #maui Thanks to L'OR Coffee for sponsoring a portion of this. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change.

The cost of living in Hawaii is 20.0% higher than the US average. Update Privacy Preferences Asking price: $29,500,000. Other features include 50-foot-long glass windows, a practice green, a barbecue area and a state-of-the-art audiovisual system, says local architect Toshi Suzuki, who designed the mauka side of the property in 2000. Photo: 360 Property Photos. By definition, that implies Hilo ranks as the #645 most expensive place in the Aloha State. It costs $34,000 more on average to construct a new home than to buy one. Take a look at 10 of the world's most expensive houses below. Come See the Beautiful Bali Hai Villa in Hawaii, Former NBA Coach Don Nelson Lists Stunning Hawaii Home for $15M. The house, as sold, was built in 1985 and spread out over 18K sq ft. Is it your dream to be right on the ocean? 5. If you require a reasonable accommodation to access our services, please contact us at (808) 732-3000 or email hbradmin@hicentral.com so we may better assist you. 68-1029 Pauoa Way, Kohala, Hawaii $18,950,000 Located within Pauoa Beach, at the Mauna Lani Resort (a gated community), is this beautiful 5 BD/5.5 BA, 7,000+ SF house. Here are the most expensive homes currently for sale on each Hawaiian island (with the exception of Ni'ihau, which is privately owned, and Kaho'olawae, which is uninhabited). Population: 5,599Rank Last Year: 11 (Up 3)Home Price To Income Ratio: 5.8x (16th most affordable)Income To Rent Ratio: 82.6x (32nd cheapest)More On Waimanalo: Real Estate|Cost Of Living. 61-779 Papailoa Road, Haleiwa (MLS# 201509388). Black Rock: Also on Maui, this estate, built in 2000, is situated on just under an acre of beachfront property. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. The master suite is more than 1,000 square feet and, in addition to the bedroom, has a living room and bar with the bath having both indoor and outdoor shower, lanai and large dressing room. So without any dues let's check out the most expensive homes in Hawaii. The six-bedroom main house was built in 2001. This huge, 5-acre estate is the farthest north of all our Kona Coast propertiesits on the edge of the Mauna Kea Resort, next door to the old Lurline Roth estate. Copyright 2023 HiCentral MLS, Ltd Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners.

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