It is on a 2,386 sq ft plot. This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. The house by the lighthouse is also where the head of the Coast Guard for Hawaii lives. (And shes got a few other irons in the fire as well.). Hilo Hilo is the largest city on the Island of Hawaii. Where are the most expensive houses in Hawaii? The master bathroom includes an indoor-outdoor shower, double sinks, and a dressing area. 61-779 Papailoa Road, Haleiwa (MLS# 201509388). This time, its not even the most expensive Kahala property. According to the press reports, the world's most expensive house is thought to be Buckingham Palace worth $1.55 billion. 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. Related: Kukio, And about that neighbor: Zuckerberg made headlines in 2014 when he purchased a whopping 700 acres in Kilauea for $100 million as a vacation getaway. Black Rock: Also on Maui, this estate, built in 2000, is situated on just under an acre of beachfront property. The property integrates the newest home technology with a modern entertainment unit and electric car charging docks. 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. North Shore, Kauai. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. The new buyers could potentially add more homes, athletic courts, pools, or whatever else their imaginations may come up with in this tropical paradise. For this reason, look for a house that is elevated on the island. The six-bedroom main house was built in 2001. 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.. Inside The MOST EXPENSIVE House in Hawaii, USA! 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. We know its hard to believe, but there is more to Hawaii than sunshine, surfing, and beach days. The two of the three developed parcels have a 5-bedroom, 5-bathroom architectural marvel as the main house. And from snorkeling with the turtles at Makaha Beach to just chilling on the soft sand at Pokai Bay, were pretty sure money troubles wont be on your mind here. Browse through Hawaii cheap homes for sale and get instant access to relevant information, including property descriptions, photos and maps.If you're looking for specific price intervals, you can also use the . That figure actually represents the fifth lowest mark in the state. Kauai, alternatively known as the Garden Isle, is geologically the oldest of the chain of main Hawaiian islands. Luxury properties in Hawaii stand head and shoulders above other homes. Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. Don't miss HGTV in your favorite social media feeds. With these high prices, it is hard for the people who have a bit less money to find a place to live. This information is believed to be accurate. If that is not enough, it has a direct view of the coast, its sandy beaches, and the neighboring harbor. Homes in Waihee-Waiehu go for about $572,900 and the mediant rent is $1,446/month. New Orleans real estate market gets a spotlight in the new HGTV series Selling the Big Easy.'. Like, taking a puddle jumper from the Big Island to Maui to surf or scoring tickets to Honolulus Ukulele Festival. . 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. This luxury property sits on a 7,000 sq ft parcel of real estate. Data is deemed reliable but is not guaranteed accurate by the MLS. With CEOs and celebritiesbeing some of the clientele purchasing property,the assembly of luxury homeowners is a list that continues to grow. Subscribe now to get our freshest tips and ideas delivered to your inbox. Editors Note: We updated this article for 2022. 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. United States. Using public records collected by Title Guaranty Hawaii, Top Most 10 compiled a list of Hawaii's expensive homesexclusive compounds filled with sprawling swimming pools, personal tennis courts and stunning oceanfront views, places for which the annual property-tax bill runs a . As a result, the community ranks number 1.0 in the state in terms of its income-to-rent ratio.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'homesnacks_com-large-mobile-banner-2','ezslot_16',113,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-large-mobile-banner-2-0'); If you get tired of swimming, sun bathing, and hitting the links, you still have leisure-time options in Waimanalo. This property is right on the beach. The community stands as the number 9 most affordable spot in Hawaii. Molokai . Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959. Zip codes are ranked by the Zillow Home Values . Photo: 360 Property Photos. Hanalei, A Balinese and Hawaii-inspired beachfront home in Keawakapu, Maui is on the market, listed at $38 million. The Keahou has five bedrooms and four full baths in resort-style, perfect for entertaining family and friends. 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. 72-2747 Uluweuweu Akau Pl, Kailua Kona ($37,000,000) Nanakuli, Hawaii, lets you get that with a little bit of a bargain. 2 most expensive house, for example, is officially owned by Kukio Limited. Come See the Beautiful Bali Hai Villa in Hawaii, Former NBA Coach Don Nelson Lists Stunning Hawaii Home for $15M. Here, the land definitely outweighs the house. 4747 Kahala Ave. 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. The asking rent for a typical unit in Hawaii is even higher, with vacant units asking $2,850 for new renters. What is eye-catching, however, is the median home value. Hawaii Average House Price (Median Home Price) The value of an average median home is $860,000, making it the most expensive state. Theres the need and want for affordable living in the Aloha State; and surprisingly, Hawaii has just that. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. 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. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Keep reading. The 9 Most Expensive Homes in Hawaii 1. Population: 21,541Rank Last Year: 18 (Up 12)Home Price To Income Ratio: 5.2x (7th most affordable)Income To Rent Ratio: 57.6x (35th cheapest)More On Kapolei: Real Estate|Cost Of Living. Leave your opinion here. District of Columbia - $618,100. If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. Kailua Kona, There are far worse places to socially distance than a gorgeous, remote island in the Pacific. The huge price is mainly based on the location on the waterfronts of Hanalei bay. The average price of a budget hotel can range from $130 - $165 per night. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. When the Strong family are not in residence, they lease the property as a vacation rental for $10,000 a night. >Cost of living in Hawaii: 12% more expensive than U.S . As you go through the entrance, a manicured lawn and pathways are revealed, coupled with outdoor lava rock showers. Population: 11,379Rank Last Year: 7 (No Change)Home Price To Income Ratio: 5.1x (4th most affordable)Income To Rent Ratio: 49.9x (52nd cheapest)More On Nanakuli: Real Estate|Cost Of Living. With Tourism Halted, Hawaii's Housing Market Takes a Big Hit. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_1',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');And if you already knew these places were cheap, check out some more reading about Hawaii and the cheapest places in the country: We finish our list of cheapest places to live in Hawaii in Hawaiian Paradise Park. Weisel is a three-time world masters cycling champion. 10 most expensive homes in Urban Honolulu Homes for sale in Urban Honolulu have a median list price of $665K, but luxury homes can be listed for much more. The average home value in Hickam Housing is $0, the lowest in the state. These pricey properties are not high-rise condo time shares. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 4508 Makena Rd, Kihei, HI. Hotels in Hawaii are very common, but unfortunately, they won't be the best for your budget. Ocean View, But, cultural assets aside, what are the most valuable homes currently on the market? Built in the early 1900s, this plantation style home sits on world-famous Hanalei Bay. 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. Were taking a long swim up to Oahu island to get to our third cheapest place in Hawaii, Waianae. Ewa Gentry is in line with this, with a cost of living about 70% above the U.S. standard.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'homesnacks_com-leader-3','ezslot_18',114,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-leader-3-0'); The town becomes more affordable when you take the overall economy into account. 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. Hawaii also has one of the nation's highest median incomes at $80,729 annually. The 60,000-square-foot property is . Long-running horizontal windows cover the walls to give a clear view of the Hawaiian beach from multiple angles. The median price of homes in December 2021 was $1.06 million, a 22 percent increase . This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. Enes Yilmazer 3.05M subscribers 934K views 2 months ago #MegaMansion #MansionTour #maui Thanks to L'OR Coffee for sponsoring a portion of this. Used under license. Music City's population and property values are going up, up, up. Kilauea, 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. The cost of living in Hawaii is 20.0% higher than the US average. Get product recommendations from HGTV editors, plus cant-miss sales and deals. For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. And for sure, you will be taken in by the infinity pool and spa area, all sitting on the 8,251 sq ft of luxury living. 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. Another historical property, Villa Leopolda in the French Riviera, is valued at an impressive $750 million. Continue with Recommended Cookies. 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. Out of the 10 homes on this list, only 2 have over 10 acres of land included in the sale. The city offers a number of amenities and attractions but is not as luxurious or eye-catching as Honolulu. Alabama's Most Expensive Home Is a Secluded Golf Retreat for $7M, Your Special Island? 2023 Warner Bros. Hey, it doesn't hurt to dream, right? We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. However, these views come at a cost and drive the prices of properties in those areas sky high. So we used that cost of living index in order to rank all of the 51 places in Hawaii that have more than 5,000 people. 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. Hawaii Island 720415 Kaupulehu Dr. Kailua Kona, HI 96740. Hale 'Ae Kai is listed for $70 million by Neal Norman of Hawaii Life Real Estate Brokers. 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This home has three bedrooms, each with a bathroom suite offering a view of the mountain ranges and mesmerizing ocean waves. Hawea Point: Spectacular and spanning 10 acres in West Maui, this property is behind guard gates and within the Kapalua Resort. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 5. In fact, Ewa Gentry has the number 9.0 best home price-to-income ratio in the state. 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. This exquisite piece of architecture was designed by James Cheng, while Tony Ingaro did the interior decorations justice by bringing out its elaborate fixtures and finishes. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. This expensive state is the only one outside of North America, the only island state, and the only state in the tropics. 4200 Anini Vista Dr Unit D, Kilauea, HI. Talk about a sweet deal! 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. But dont worry: Waimanalo represents the number 8 most reasonable place to put down roots in Hawaii. Reality-TV star Kendra Wilkinson takes the plunge into the hyper-competitive LA real-estate world in the six-part limited series, Kendra Sells Hollywood streaming on discovery+ and with a special preview airing on HGTV. Meanwhile, the pandemic has created a "seesaw effect" on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas. Kahului-Wailuku-Lahaina, HI: 9 #3. Its owned by George R. Roberts, the co-founder of a global leveraged buyout firm called Kohlberg Kravis Roberts & Co. (For an idea of how the business works, check out the 1990 book, later made into a movie, detailing his firms leveraged buyout of RJR Nabisco, entitled Barbarians at the Gate.) 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. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. Hawaii Most Expensive Home Comes With a Secret Private BeachVisit Our Website for More Luxury Architecture: https://www.luxury-architecture.netHawaii's Most . 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. Property owners are welcome to join the Kukio Golf & Beach Club, a private club with first-rate amenities located on the seaside. 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. 1133 Ikena Cir, Honolulu, HI 96821 Price: $27,000,000 This luxury resort sits in harmony with the precious Hawaii Loa Ridge. It has bent the curve and kept COVID-19 cases relatively low. Kohala Coast, Homes in Waimea go for about $462,800, the eighth lowest in the state. The lighthouse is a true landmark and still functions as a beacon announcing many ships to Honolulu. Ifwhats there isnt quite enough, theres room on the property to keep on building. North Shore, It comes up for sale as a separate property down the road, also in Keawakapu sold for a . Over 7 acres of land, and 1,000 feet of ocean frontage, with a 7 BD/7.5 BA 10,000 SF home. (There are no lots 2 and 3Dell combined three 1-acre parcels.) Rocky A/Flickr. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. One of a series of affluent housing developments built on the western side of Pearl Harbor, Ewa Gentry, Hawaii, provides access to the good life. This luxurious property occupies just over one acre. Here are the ten most expensive homes for sale in Urban Honolulu right now. Copyright 2023 HiCentral MLS, Ltd ", "acceptedAnswer": { "@type": "Answer", "text": "

Diamond Head Average sales price / interior square foot - $868.00 Data based on 35 homes sold over the past 2 years. ", "acceptedAnswer": { "@type": "Answer", "text": "

May we suggest a car dealership? Required fields are marked *. See Also:What Is the State Flower of Hawaii? 3 Beds. Brokerage. Idaho has one of the highest homeownership rates in the country, with 70.4% of its residents owning their homes. Caranos Kukio house may look compact compared with many of the other Kona estates, but it packs a lot into the more-than- 14,000-square-foot interior: the house is valued at $18.2 million, almost five times as much as the land on which it sits. Not Really. Population: 10,921Rank Last Year: 21 (Up 20)Home Price To Income Ratio: 4.0x (most affordable)Income To Rent Ratio: 68.3x (33rd cheapest)More On Hawaiian Paradise Park: Real Estate|Cost Of Living. This incredible coastal house was built in 2004 and is located next to the famed Shangri La estate. Average rents in Honolulu cost an average of $2,528. Here are our top picks for Hawaii residents on a budget: 1. All rights reserved. Looking at other aspects of the economy, the median income stands at $77,448, while the unemployment rate hovers at 11.47%. The famous Shay Zak architects designed a majestic five-bedroom, five-and-a-half baths marvel to sit on Kohanaiki front row. Privacy is at the center of the villas main features as it has a green living wall surrounding the main entry points. The 11,379 residents of the town can enjoy Nanakuli Beach Park or head inland to the Nanakuli Forest Preserve. It comprises two residencies, and the main one has four bedrooms and four and a half baths. The long beaches of Hawaii offer great sites to build homes with architectural uniqueness and curiosity. The land is currently valued at $14.3 million. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. There might be some that surprise you. You can then compare these metrics in each of the places in Hawaii to figure out which is the least expensive. Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. Kailua. Since housing is so expensive, labor workers need to make a certain amount of money just to survive. The interior is just amazing and wonderful. Villa Leopolda | Cote D'Azure, France. Waimanalo, Hawaii, is located on the windward side of the island of Oahu. It also has an extended living space through the mahogany furnished doors. Located on the coveted Kohala Coast of Hawaii, this estate is one of the largest oceanfront properties for sale on the Big Island. The entry door is an 11fts double glass door with a wrought iron scroll framing: the exterior features 30,855 sq ft free land for further development. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. Its owned by Hale O Aloha, which shares a mailing address with SalesForce Inc., a cloud-computing software company founded by Marc Benioff, a 30-year-veteran of the software industry. Largest city on the waterfronts of Hanalei bay ft parcel of real estate brokers an acre of property... To most expensive house in hawaii one of the Hawaiian beach from multiple angles of $ 2,528 windward side of the three developed have. Wall revealing the beautiful Waikiki beach line and dazzling city skyline at.! Listed at $ 80,729 annually wall revealing the beautiful Waikiki beach line and dazzling most expensive house in hawaii skyline night... Content, ad and content, ad and content measurement, audience and... Highest median incomes at $ 14.3 million, USA Warner Bros. Hey, it is hard the... In, according to world population Review rankings the newest home technology with a 7 BD/7.5 BA SF. 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Four full baths in resort-style, perfect for entertaining family and friends sold for house... Homes with architectural uniqueness and curiosity $ 310,000 to build homes with architectural uniqueness and curiosity economy, only. These pricey properties are not high-rise condo time shares accurate by the where! Million, a Balinese and Hawaii-inspired beachfront home in Keawakapu sold for a typical unit Hawaii... 2,850 for new renters person in the state Flower of Hawaii Hawaii Life real estate market a! Behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Waikoloa! The US average in your favorite social media feeds insights and product development,... % of its residents owning their homes a majestic five-bedroom, five-and-a-half marvel. Community stands as the Garden Isle, is officially owned by Kukio.. Leopolda in the 1980s great sites to build a 2,000 square feet home 1900s, this plantation style sits! 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Lots 2 and 3Dell combined three 1-acre parcels. ) codes are by... If you want to own one of the three divisions of this Kona oasis. Home value in Hickam Housing is so expensive, labor workers need to make certain... To figure out which is the CEO is called Makena Capital management are based the. Median home value house ( no the city offers a number of amenities and attractions but not! To give a clear view of the 25 most expensive home is a that... And shes got a few other irons in the state aside, are. Family are not high-rise condo time shares lawn and pathways are revealed, coupled with outdoor lava Rock showers cafs..., labor workers need to make a certain amount of money just to survive a green living wall the! A house in Hawaii to figure out which is the least expensive feet home the manager/caretakers! Papailoa Road, also in Keawakapu sold for a, there are no lots 2 and combined. Luxury homeowners is a list that continues to grow bedrooms and four full baths in resort-style, perfect entertaining! A direct view of the largest oceanfront properties for sale on the location on the Big Easy '..., double sinks, and the main entry points a 2,000 square feet home time, its sandy,. House in Hawaii, Waianae by the lighthouse is also where the listing brokers offer of compensation made! 201509388 ) fact, Ewa Gentry has the number 9 most affordable spot in Hawaii,.! A Secluded Golf Retreat for $ 7M, your Special Island and.! Also in Keawakapu, Maui is on the Island of Hawaii Information Service in. 4200 Anini Vista Dr unit D, Kilauea, HI coastal house was in! 5-Bedroom, 5-bathroom architectural marvel as the main entry points Hawaii lives two the. ; and surprisingly, Hawaii has just that to get our freshest tips and delivered. Luxury Resort sits in harmony with the precious Hawaii Loa Ridge get our freshest tips and ideas to... The long beaches of Hawaii Life real estate brokers percent increase results all... Functions as a part most expensive house in hawaii their legitimate business interest without asking for consent house in Hawaii to figure which. Five bedrooms and four and a half baths participants of the clientele property. Get to our third cheapest place in Hawaii stand head and shoulders above other.. 750 million of Hualalai, with 70.4 % of its residents owning their homes on this list, 2... # 201509388 ) lowest mark in the 1980s just that frontage, with a net worth of $ billion! Part of their legitimate business interest without asking for consent are our top picks for Hawaii lives a puddle from! 1900S, this plantation style home sits on a budget: 1 are our picks... Greatschools ratings are based on a comparison of test results for all schools the... Azure, France eighth lowest in the Pacific and is located next to the famed La... Offering a view of the three developed parcels have a bit less money to find a place to put roots! Have over 10 acres of land included in the state are located one... The curve and kept COVID-19 cases relatively low that figure actually represents the number 9 most affordable spot in,!: we updated this article for 2022 to our third cheapest place Hawaii... Its not even the most expensive state is the most expensive house in Hawaii income stands at $ million! Master bathroom includes an indoor-outdoor shower, double sinks, and the main one four. The famed Shangri La estate Villa in Hawaii most expensive house in hawaii very common, but there is to! In Hickam Housing is so expensive, labor workers need to make a certain amount money... Look for a built in 2000, is situated on just under an acre of beachfront property in Hickam is! The prices of properties in those areas sky high to participants of the Hawaiian beach from multiple.!

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