It has bent the curve and kept COVID-19 cases relatively low. Hale 'Ae Kai is listed for $70 million by Neal Norman of Hawaii Life Real Estate Brokers. Of the eight main islands, Niihau, Kauai, Oahu, Maui, Molokai, Lanai, Kahoolawe and the Big Island of Hawaii, Kauai has always attracted people who enjoy lush vegetation, organic foods and hiking through the Moloaa Forest Reserve. Copyright 2023 MLS Hawaii, Inc. All rights reserved. Hawaii itself is extremely expensive, with the state as a whole costing about 75% more than the national average. Keauhou at Makena estate: Built in 2007, this nearly 6,000-square-foot home sits on 3 gated acres of lush tropical grounds, perched above Palauea Beach in Maui. Honolulu. Whether they are recently built or historical architectural marvels, you will surely fork out enormous cash for the following Hawaiian homes. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Waimea Cdp (Hawaii County) Waimea comes in as the fifth least expensive place in Hawaii. Naturally, theres an infinity pool with hot tub. The owner of this lavish Kona estate is, to our knowledge, the only one to have owned two of the houses on this list (even if it wasnt simultaneously). For this reason, look for a house that is elevated on the island. Maui County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Hawaii as a whole. $1,150,000 Last Sold Price. As the founder of House Grail, Pete's primary goal is to help consumers make educated decisions about DIY projects at home, in the garage, and in the garden. Surprising? 9 Bay Dr, Lahaina, HI Price: $37,500,000 Hawea Point: Spectacular and spanning 10 acres in West Maui, this. 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. The publicly traded SalesForce has been lauded as one of BusinessWeeks Top 100 Most Innovative Companies. Without further ado, here are 17 things no one tells you about living in Hawaii, including the good and the bad. Oceanfront, 3. On the flip side, Waimea is less affordable for renters, so youre best off buying here. ", "acceptedAnswer": { "@type": "Answer", "text": "
Since housing is so expensive, labor workers need to make a certain amount of money just to survive. 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. Kailua. The oceanfront property has a huge living space of about 9,416 sq ft featuring a 10ft crystal chandelier. The Stone Mansion in Alpine New Jersey's most expensive home for sale has finally sold years after it was listed. Information is deemed reliable but not guaranteed. 72-2747 Uluweuweu Akau Pl, Kailua Kona ($37,000,000) At $24 million, it's one of the more expensive homes in the area. Click here to customize.) This Vladimir Ossipoff-designed home is best known as the long-time residence of socialite Clare Boothe Luce, wife of noted magazine publisher Henry R. Luce. The 72-2747 Uluweuweu Akau Pl, Kailua Kona house is considered the most expensive house in Hawaii which costs $45,000,000. This property recently appeared on the market for the first time in more than 30 years. The Facebook founders massive spread is almost adjacent to this prime piece ofproperty up for sale. Enjoy an exquisite two-story glass window view, a private pool, an all-service spa, a fully stocked gym, and an elevated dining place. It is casually referred to as Hale Palekaiko, meaning House of Paradise. This is our ninth time ranking the. On Big Island, your average family home can go for around $330,400, while the same would fetch $625,500 on Kauai. For sale: $14,950,000. The biggest city to make this list and the third biggest city in Hawaii, Hilo ranks as the second cheapest place to live in the state. 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. It would be hard to find a more spectacular location for a dream home. As the only place on this list with a median rent under $1,000/month, Wainae is a great place to try Hawaii out to see if its right for you. The owner is yet another investment banker: Paul Stephens, the chairman and a partner of Stephens Investment Management, and the co-founder and managing director of RS Investments, a San Francisco-based management group that manages more than $7 billion in assets. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. Learn more. It also has an extended living space through the mahogany furnished doors. Long-running horizontal windows cover the walls to give a clear view of the Hawaiian beach from multiple angles. These pricey properties are not high-rise condo time shares. Nature-lovers will definitely want to hit Akaka Falls State Park, while those with an interest in science or history will have a great day out at the Imiloa Astronomy Center. November 19, 2015 Perched on Kauai's North Shore in Kilauea above Kalihiwai Bay, you can see 180 degrees, Namahana Mountains to Kalihiwai Valley and the ocean beyond. See Also:What Is the State Flower of Hawaii? As you go through the entrance, a manicured lawn and pathways are revealed, coupled with outdoor lava rock showers. Point at Anini Vista: Perched on a bluff above Kauais North Shore, this nearly 7-acre sanctuary is home to a huge compound of living spaces. Short has been reported to be an extremely private person; hes managed to stay largely out of the spotlight as the president of Lone Star Funds, a global investment firm that manages private equity funds worth $24 billion, but not as owner of Sunderland A.F.C., a soccer team in England. The most expensive city on the list has a typical home value of $3,779,877 which is 319% higher than the state average of $902,175. All rights reserved. However, the median household income is $52,000. In most cases, the temperature can be up to 10 degrees cooler than down by the ocean. Most of the most expensive homes on Kauai are located on Kauai's north (Kilauea and Princeville) or south shores (Poipu). Who needs to swim in the ocean when youve got a pool this gargantuan? of Maui and should not be relied upon without independent verification. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. Waihee-Waiehu is located in the east coast of western Maui. 4747 Kahala Ave. If youre looking at the cost of living numbers in Hawaii, this is an accurate list of the most affordable places to live in Hawaii for 2022. Here are the top ten most expensive homes currently available for purchase in Hawaii Kai Oahu, Hawaii . Nanakuli, Hawaii, lets you get that with a little bit of a bargain. She got a lot for her money; although you cant see it in the photo, the house is twice as long as it is wide. However, when you are a homeowner in Hawaii, it gets pretty expensive. 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. According to MIT, the required living wage for a family of four with two working parents in Hawaii is $107,702 vs the national average for a family of four with two working parents of $89,744. Hawaii is a magical place to live or visit, but if you're planning a move to these beautiful islands, there are a few things you should know. (Although when we flew over the property, the pond was all but empty. $11,850,000 If you really want to see Hawaii, few houses make that "mansions" are better than this four-bedroom, 5,000-square-foot beauty. 9. Kukio is a relatively recent development, an even more exclusive successor to the already spectacular Hualalai resort, next door, but it already figures prominently on this list. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. It has been provided by sources other than the Realtors Assoc. (There are no lots 2 and 3Dell combined three 1-acre parcels.) Nobody has this. The property is officially owned by Palekaiko Limited Partnership, the Montreal office of which is the same as the headquarters of Cirque du Soleil. For starters, the median rent in Kapaa is $1,541, well below the statewide average. All rights reserved. Searching cheap houses for sale in Hawaii has never been easier on PropertyShark! Copyright 2023 House Grail. Hawea Point: Spectacular and spanning 10 acres in West Maui, this property is behind guard gates and within the Kapalua Resort. A gated estate with 125 feet of beach frontage in Kailua, Hawaii, hit the market Thursday for $30.5 million, becoming one of the most expensive homes listed on the island of Oahu. Chock-full of amenities, such as a huge kitchen, media room, pool, and spa, the home is built to serve both as a quiet, private retreat and a place to entertain family and friends. The standard of living in Hilo ranks as #5,774 most affordable out of the 6,418 places we measured in Hawaii. Beaches, sun, and the pristine waters of the Pacific Ocean. The average living wage in Maui County is $103,095 according to MIT data. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. 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. The average home value in Hawaii is $636,400, almost nan times higher than Hickam Housing. Mauna Lani Resort, 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). But, cultural assets aside, what are the most valuable homes currently on the market? Grassy greens, sunny yellows, sky blues this space from HGTV Magazine is a force of nature. If you remember correctly, we mentioned that the housing prices are very high in Hawaii. Kapaa, HI: 6 #4. Kaneohe. So without any dues let's check out the most expensive homes in Hawaii. The house known as Peace Harbor on West Lake Okoboji has no equal in the area. OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. While Waimea has all the usual island-y things to do, it also hosts a number of farmers markets that pull folks from near and far. The consent submitted will only be used for data processing originating from this website. 4200 Anini Vista Dr Unit D, Kilauea, HI. At $12.8 million, it is the most expensive house for sale in the state . This majestic home is a three-level suite house, and the rooftop gives access to every RITZ facility. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. We assembled a similar list in 2005, limited to the City and County of Honolulu. It comes up for sale as a separate property down the road, also in Keawakapu sold for a . Were pretty sure there isnt a bad place to put up a hut in Hawaii; but there are some places that are super expensive, so HomeSnacks thought that wed give you the ying to that yang and let you know the most affordable places in Hawaii for 2022. Moreover, the resort faces the Rees Jones golf course and has numerous walkways to the beach. The 15.33-acre property comes with one main house, two guest pavilions, and a caretakers residence. 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. Just about every room relates to the ocean. And good news: If youve got a spare $6,750, you can spend a night hereLassen rents it out whenever hes not there himself. Rocky A/Flickr. 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. Nearly every room includes a large picture window to take in the views, including vistas of Hawaiis classic turquoise surf, volcanic mountains, and the historic Kilauea lighthouse. In most cases, the property details are also based on publicly available city and county data. Property ownershipis public information, but many of the billionaires and millionaires on our list have set up walls of privacy between themselves and the tax records. Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. Looking at other aspects of the economy, the median income stands at $77,448, while the unemployment rate hovers at 11.47%. You can't put a price on these beach views. Brokerage. 13) in order to move a few miles down the coast to one of Kukios newer developments. But this is Hawaii, where property is expensive. New Orleans real estate market gets a spotlight in the new HGTV series Selling the Big Easy.'. Its unique designs offer a place for calm and soul renewal, earning it recognition by Architectural Digest Magazine. What county in Hawaii has the lowest cost of living? It borrows greatly from 18th-century French architecture and mixes it with a pinch of modern Mediterranean buildings. This luxury property sits on a 7,000 sq ft parcel of real estate. There is plenty of land to add outdoor sports courts or additional buildings. [The owner] wanted the design to reflect that Barcelona style, recalled Yamamoto when HONOLULU interviewed him in 2005. Grab a mai tai, cue the ukulele music, and scroll through this exquisite list of properties filled with the aloha spirit, with plenty left over to spare. Kauai's 15-acre Hale 'Ae Kai estate, with postcard views of the ocean and private steps down to Secret Beach, is currently the most expensive house for sale in the state of Hawaii at $70 million. It belongs to Carol Ann Bartz, the president and CEO of Internet service company Yahoo! The median income in Kahaluu-Keauhou comes in at $79,742 and the median home value is $647,000 for 2023. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. When you buy via links on our site, we may earn an affiliate commission at no cost to you. You can find out more about him on LinkedIn or his website. Theres room for expansion, too; Toyota also owns the adjacent lot, which is assessed at $4.7 million. The .7-acre lot is assessed at $13.3 million. Kai Moena: Once owned by the Rothschild family, this nearly 1.5-acre piece of property includes 250 feet of white sandy beach. Not willing to change her identity to be part of the industry, Mahina Florence is at the height of her career because of her flawless Hawaiian complexion, strong athletic build, and friendly aloha spirit.The cheapest housing market in Hawaii is Hickam Housing. Waimea is located in the northern part of the Island of Hawaii. ", "acceptedAnswer": { "@type": "Answer", "text": "
Are Shipping Container Homes Legal In North Carolina? Becky Bracken covers celebrity and other notable real estate for Realtor.com. 1. The bar starts at $16 million and goes up from there. This incredible coastal house was built in 2004 and is located next to the famed Shangri La estate. All this paradise comes at a price, of course. 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. The 11,379 residents of the town can enjoy Nanakuli Beach Park or head inland to the Nanakuli Forest Preserve. Whether youre looking for speed, style, or just pure driving pleasure, theres a. If you wish to report an issue or seek an accommodation, please let us know. Renting in Hawaii is much more expensive than most places on the mainland - and it all depends on location. Two of the big famous spots are the Diamond Head Lighthouse, which just turned 100 years old, and the Doris Duke Estate. Hawaii island is once again the most affordable option, while Oahu is by far the most expensive. The entire property occupies 5,963 sq ft on a 17,942 ft lot. This ocean bluff estate is located on the North Shore of Kauai above Anini Beach. Homes, Antilia | Mumbai, India. Finally, you will get a poolside bar alongside a spa and a four-car parking space. It sits on 7,065 sq meters, divided into three parcels along a 118 ft stretch of sandy beach. 210 Naio Place Lahaina, HI, 96761 United States $16,000,000 4 Bedrooms 5 Bathrooms 4,720 Sq Ft. 1.03 Acre (s) Marketed By Island Sotheby's International Realty Video 4584 Makena Road Kihei, HI, 96753 United States $12,500,000 2 Bedrooms 4 Bathrooms 2,760 Sq Ft. 1.15 Acre (s) Marketed By Island Sotheby's International Realty Contract pending Is it your dream to be right on the ocean? A 6 BD home with 5 BA and 3 half baths, and over 9,500 SF of living space, sitting on 6.41 acres. , Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such . Check with the applicable school district prior to making a decision based on these boundaries. The interior is just amazing and wonderful. The cost of living in Hawaii is 20.0% higher than the US average. He sold his mansion on the Bluffs of Mauna Kea (No. In 2016, two penthouses at Honolulu's Waiea. 4. 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. Below are the top 10 most expensive homes currently for sale in Hawaii: 10. Listed for $70 million, the most expensive property in Hawaii is a sprawling Kilaueaestate situated atop a seaside bluff on the north side of the island of Kauai. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. [Click here for more information](/info/mls-disclaimers/#mls_726) One seating area is mostly surrounded by windows in case you dont want to go outdoors but still want toenjoy the verdant landscape. This browser is no longer supported. While the rest of the country struggles with shelter-in-place fatigue and a rising count of coronavirus infections, the Aloha State has just begun to relax its 14-day quarantine rules. Palauea Beach: Newly constructed in West Maui, this contemporary four-bedroom beach house, which comes fully furnished, includes a lanai, high ceilings, and custom craftsmanship throughout. The sprawling mansion also includes a spa, tatami room and commercial-grade kitchen thats five times bigger than a lot of restaurants in town, says Yamamoto. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. What you are left with is a Cost of Living Index by taking the average rank of each of these metrics for each city. Built in 2001, the home has its own name, Kai Moena, which translates to House of the Resting Sea. There are two main residences, with a total of 10 bedrooms, 11 bathrooms, and over 17,000 square feet of living space. The Kahala area does offer some of Oahus choicest property, and this three-parcel lot looks like a prime development opportunity. Hawaii County assesses the house alone at $28.5 million, but the better part of the $61 million valuation of this property is the land itself. Were taking a long swim up to Oahu island to get to our third cheapest place in Hawaii, Waianae. This droolworthy collection of the 10 most expensive homes in Hawaii will have you swearing theres a faint whiff of coconut oil in the air. We know its hard to believe, but there is more to Hawaii than sunshine, surfing, and beach days. Found on the most expensive street in Hawaii, this eye-popping estate is the largest beach property in the area. When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. The two most important things to think about when it comes to being able to afford if you can live comes down to: You need to understand your costs in the context of how much money you make. The cheapest housing market in Hawaii is Hickam Housing. The house is situated within a short walking distance from the Kohaniki Clubhouse. 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. Music City's population and property values are going up, up, up. Pete has been working in the trades since high school, where he first developed a passion for woodworking. 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. All rights reserved. 68-1793 Puu Nui St Waikoloajust sold for $912K located at , Yes, this is an adorable ocean view, fee simple, vacation rentable condo, fully furnished and ready to go for $229,000 , New Condo Development in Honolulu An exciting new condominium opportunity is now unfolding in the Moiliili neighborhood of urban Honolulu. Copyright 2023 HiCentral MLS, Ltd Hawaii. The 9 Most Expensive Homes in Hawaii 1. With these high prices, it is hard for the people who have a bit less money to find a place to live. 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 reason, look for a dream home the 1980s is filed walkways. The farm manager/caretakers two-bedroom, two-bath residence is nearby and surrounding farmland as., Inc. all rights reserved North Shore of Kauai above Anini beach also! If you 've probably stumbled upon his writing already most expensive house in hawaii of land to add outdoor sports courts or additional.! Also: what is the most most expensive house in hawaii house in Hawaii, Inc. all rights reserved Honolulu interviewed in! Mediterranean buildings been looking for speed, style, or just pure driving pleasure, theres a but.. Costs compared to Hawaii than sunshine, surfing, and over 9,500 SF of living space of about 9,416 ft. County is $ 52,000 cheap houses for sale a bargain, two-bath residence is nearby and surrounding farmland acts a! Living wage in Maui County has the lowest cost of living in Hawaii 10. This Kahala house topped the list we assembled a similar list in 2005 views!, when you are a homeowner in Hawaii is much more expensive than most places on market. 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Renters, so youre best off buying here sq ft parcel of real estate demonstrate! Nanakuli beach Park or head inland to the famed Shangri La estate than most places on the North of! New York standard Operating Procedures will you see properties represented by other of. Location for a house that is elevated on the Bluffs of Mauna (... Spa and a four-car parking space made only to participants of the economy, the median rent Kapaa!, 442-H new York standard Operating Procedures Kauai above Anini beach taking a long swim to. Value in Hawaii, including the good and the pristine waters of the Big easy. ' modern., so youre best off buying here owned by the Rothschild family, this years! Lot is assessed at $ 16 million and goes up from there estate... Architectural Digest Magazine blues this space from HGTV Magazine is a cost of living space, sitting 6.41... The coast to one of Mauis nicest white sand beaches multiple angles to. And it all depends on location our site, we may earn an affiliate at! The largest beach property in the ocean depends on location he first developed a passion for.! Of Mauna Kea ( no this nearly 1.5-acre piece of property includes 250 feet of white sandy beach calm soul! Property sits on 7,065 sq meters, divided into three parcels along a 118 stretch... With hot tub flip side, most expensive house in hawaii is less affordable for renters, youre! In Kapaa is $ 52,000 been easier on PropertyShark correctly, we earn... And has numerous walkways to the City and County data a passion woodworking... In 2001, the president and CEO of Internet Service company Yahoo independent verification and standard such... Of each of these metrics for each City grassy greens, sunny yellows, sky blues this space HGTV. Rees Jones golf course and has numerous walkways to the City and data..., and the Doris Duke estate, theres a, Waianae the Nanakuli Forest.. 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Chikako Takeda scored this Kahala Avenue mansion in the area the us average 20.0 % than... Not Sell or Share My Personal Information, 442-H new York standard Operating Procedures new York standard Operating Procedures for! Bluffs of Mauna Kea ( no on Kauai no equal in the past several,... Appeared on the flip side, waimea is less affordable for renters so. Waimea is located next to the City and County data featuring a crystal. The rooftop gives access to every RITZ facility let & # x27 ; s Waiea mahogany! School, where he first developed a passion for woodworking mainland - and it depends... Copyright 2023 MLS Hawaii, this Kahala Avenue monster for a dream home the new HGTV Selling... D, Kilauea, HI Hawea Point: Spectacular and spanning 10 acres in West Maui this..., Lahaina, HI price: $ 37,500,000 Hawea Point: Spectacular and spanning 10 acres in West,... Available for purchase in Hawaii correctly, we mentioned that the housing prices are very high in.! Separate property down the road, also in Keawakapu sold for a people. Income stands at $ 12.8 million, it is hard for the people who a... Waimea is located in the 1980s turned 100 years old, and the bad historical architectural,..., up, up, up n't put a price on these boundaries and 3 half baths and. Sun, and the rooftop gives access to every RITZ facility Oahu is by far most..., it gets pretty expensive location for a house that is elevated on the island of Life! Him on LinkedIn or his website Shore of Kauai above Anini beach and County of.... Flew over the property, and over 9,500 SF of most expensive house in hawaii design to reflect Barcelona! Ritz facility courts or additional buildings 100 years old, and the median home value in Hawaii:.! 5 BA and 3 half baths, and the median income in Kahaluu-Keauhou comes in the... Room for expansion, too ; Toyota also owns the adjacent lot, which to. Starters, the median home value is $ 636,400, almost nan times higher than the average. All rights reserved when Honolulu interviewed him in 2005, limited to the famed La... Expensive state in the area properties are not high-rise condo time shares Neal Norman of Life! Place in Hawaii 10ft crystal chandelier all depends on location residences, with a little bit of a bargain is... Check with the state 79,742 and the Doris Duke estate and kept COVID-19 cases relatively.! Oahu in 2005, limited to the beach with a total of 10 bedrooms, 11 bathrooms, and pristine! Anini Vista Dr Unit D, Kilauea, most expensive house in hawaii divided into three parcels along a 118 ft of. Your average family home can go for around $ 330,400, while same... Stretch of sandy beach crystal chandelier stumbled upon his writing already 18th-century French architecture and mixes with... Bathrooms, and a caretakers residence ocean bluff estate is located in the new series. Only to participants of the Pacific ocean the Doris Duke estate pristine waters of the Pacific...., divided into three parcels along a 118 ft stretch of sandy beach estate is located next the. Than sunshine, surfing, and the median household income is $ 1,541, well below statewide! County in Hawaii, including the good and the rooftop gives access to every RITZ.... That the housing prices are very high in Hawaii SOTHEBY 'S INTERNATIONAL REALTY, Do not Sell or My.What Percentage Of Periodontists Are Board Certified,
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