If that is not enough, it has a direct view of the coast, its sandy beaches, and the neighboring harbor. 2023 Warner Bros. The 11,379 residents of the town can enjoy Nanakuli Beach Park or head inland to the Nanakuli Forest Preserve. This luxury property sits on a 7,000 sq ft parcel of real estate. Below are the top 10 most expensive homes currently for sale in Hawaii: 10. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. And that, folks, would be Hawaiian Paradise Park. How Much Is Car Insurance in Virginia in 2023? All this paradise comes at a price, of course. Now when referring to sales prices for homes that are being purchased as opposed to rented, there is a similar pattern of costs. Even more importantly, with a median income of $95,667, Waimea residents enjoy the second best home price to income ratio in Hawaii. (And shes got a few other irons in the fire as well.). Owners Charles and Elizabeth Thieriot frequently rent the place out for extravagant vacationers. Kilauea, HI (realtor.com) 3. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. The property has recently, as of 2016, undergone repair and maintenance on areas such as roofing, painting, heating, and electrical work. 10 Types of Delphinium Flower to Grow at Home (With Pictures). We used data and science to determine which places in Hawaii go easy on your wallet. This propertys main structurecomprises four pavilions joined by open-air walkways, which allow you to enjoy the tropical breezes and surrounding lush landscaping. 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. 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. Here are the 10 states with the highest median home price: Hawaii - $636,400. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-01 09:52:23 PST. The average home value in Hickam Housing is $0, the lowest in the state. The average living wage in Maui County is $103,095 . . 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. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. For Sale, House Grail is reader-supported. SOLD JUN 3, 2022. And its not hard to see why; Kapolei residents pay the seventh smallest proportion of their income on homes statewide. Diamond Head: This gorgeous Oahu property is located at the end of a private street and right next to Doris Dukes famed Shangri La estate. Here, the land definitely outweighs the house. The lower level has a media room, full bath, gym and a bar opening to a 1,600-square-foot pool and spa. Hawaii Most Expensive Home Comes With a Secret Private BeachVisit Our Website for More Luxury Architecture: https://www.luxury-architecture.netHawaii's Most . 4200 Anini Vista Dr Unit D, Kilauea, HI. Aloha Dear Friends, Im on a roll, second closing this month!! $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. The sale price, which started out at $68 million in 2010 before it was . Kailua Kona, 9. 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 two of the three developed parcels have a 5-bedroom, 5-bathroom architectural marvel as the main house. The home is now owned by Houston-based Fayez Sarofim. Larry Ellison doesn't just own a home in Hawaii he owns an entire island. Kukio, Homes in Waihee-Waiehu go for about $572,900 and the mediant rent is $1,446/month. Shes contributed to Wirecutter, Groupon, Texas Monthly, and other publications. Most of the most expensive homes on Kauai are located on Kauai's north (Kilauea and Princeville) or south shores (Poipu). See Also:What Is the State Flower of Hawaii? The sprawling ranch sits at the foot of Mount Namahana and is filled with waterfalls, two custom truss bridges, stables, pasture, and forest areas. And the median monthly rent is an affordable $1,069. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. 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. Moneycant buy happiness, but it can buy you a private tropical compound, which seems like a decent start down the road to pure bliss. In fact, there are only six Oahu properties on the entire list. Hilo is a major tourist destination thanks to being the principal city on the Island of Hawaii. 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. Kapolei is the second fastest-growing city in Hawaii, with an incredible 40% population growth in the last 5 years. Pool. Keep reading. The cheapest housing market in Hawaii is Hickam Housing. Information is deemed reliable but not guaranteed. Metros with the most cities in the top 30 in Hawaii #1.. That figure actually represents the fifth lowest mark 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. Given these numbers, a median home value of $594,500 suddenly seems downright reasonable. 145 Kailuana Loop, Kailua, HI. 1 - 24 of 632 Results. Update Privacy Preferences This estate is located on over 237 acres on Kauais North Shore. We also looked at cost of living, affordable housing, and safety. So without any dues let's check out the most expensive homes in Hawaii. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. 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. And taking into account Kapaas median income of $92,571, residents pay the tenth smallest percentage of their salaries on rent statewide. Living in Hawaii is so expensive that more . While Waimea has all the usual island-y things to do, it also hosts a number of farmer's markets that pull folks from near and far. This magnificent 6 bedroom 6 1/2 bathroom with over 5,530 ft. of living space. (Although when we flew over the property, the pond was all but empty. Hilo Hilo is the largest city on the Island of Hawaii. What is eye-catching, however, is the median home value. And if you dont find your favorite there, head to the bottom. 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. The oceanfront property has a huge living space of about 9,416 sq ft featuring a 10ft crystal chandelier. One seating area is mostly surrounded by windows in case you dont want to go outdoors but still want toenjoy the verdant landscape. Ft. 5371 Oio Dr, Honolulu, HI 96821. Keep in mind, just because these places in Hawaii are affordable, doesnt mean that theyre not nice. This luxury resort sits in harmony with the precious Hawaii Loa Ridge. Now state leaders are ready to start opening back up to visitors. Using public records collected by Title Guaranty Hawaii, weve compiled a list of Hawaiis priciest homesexclusive compounds filled with sprawling swimming pools, personal tennis courts and stunning oceanfront views, places for which the annual property-tax bill runs a cool half-million. Brokerage. This house looks out onto Kukios South Pond, and then onto the ocean. 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.. It had been remodeled as recently as 2004, when it was bought for that $15.2M in 2015. 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. Zip codes are ranked by the Zillow Home Values . What To Know. Hale 'Ae Kai is listed for $70 million by Neal Norman of Hawaii Life Real Estate Brokers. 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. 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. Currently the property holds a 3-bed home with 2,715 square feet of indoor-outdoor living space with a screened-in lanai and 55-foot . The most expensive listing in Hawaii is a part of the Kukio Golf and Beach Club, a private community on the west coast of the Big Island. Copyright 2016, Hawaii Information Service. Moreover, the resort faces the Rees Jones golf course and has numerous walkways to the beach. There are multiple master suites, and many features accentuating the luxury of this property. Inside The MOST EXPENSIVE House in Hawaii, USA! But comparatively speaking, putting down roots in Ewa Gentry is relatively reasonable. This diamond of a property belongs to Bandel and Paula Carano. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. So, if you care about home values and affordability, take a look at the list below to see where your Hawaii dollar will go the furthest. Like, taking a puddle jumper from the Big Island to Maui to surf or scoring tickets to Honolulus Ukulele Festival. It would be hard to find a more spectacular location for a dream home. It comes up for sale as a separate property down the road, also in Keawakapu sold for a . Oahu has some famously expensive neighborhoods, such as Kahala, Portlock and Lanikai, but they dont appear in the top 10 spots on our list. Built in 2009, this 5 BD/6.5 BA 5,000+ SF home has Balinese, Hawaiian, and Asian flair. It is casually referred to as Hale Palekaiko, meaning House of Paradise. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. The Dallas address listed for the tax bill, however, is the same as for Kitano Capital, which was incorporated by financier Ellis Short in 2007. Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners. This year has proven to be quite the year for sports cars. Population: 10,969Rank Last Year: 3 (Down 2)Home Price To Income Ratio: 4.8x (2nd most affordable)Income To Rent Ratio: 54.7x (39th cheapest)More On Waimea Cdp (Hawaii County): Real Estate. Listed for $70 million, the most expensive property in Hawaii is a sprawling Kilauea estate situated atop a seaside bluff on the north side of the island of Kauai. The main living area in the central pavilion is on the upper floor with living and dining rooms, a large chef's kitchen, office and bedroom suite. 72-2747 Uluweuweu Akau Pl, Kailua Kona ($37,000,000) What you are left with is a Cost of Living Index by taking the average rank of each of these metrics for each city. Listed for $70 million, the most expensive property in Hawaii is a sprawling Kilauea estate situated atop a seaside bluff on the north side of the island of Kauai.. Consisting of 10 separate parcels, this park-like estate is truly a private compound. It has been provided by sources other than the Realtors Assoc. Without further ado, here are 17 things no one tells you about living in Hawaii, including the good and the bad. Waimea is located in the northern part of the Island of Hawaii. Required fields are marked *. With dark wood works, and modernized design, this is a one-of-a-kind residence that is steps away from the ocean. 4. 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. Hilo. These houses are not only magnificent but also worth living in. Please be nice. 9 Bay Dr, Lahaina, HI Price: $37,500,000 Hawea Point: Spectacular and spanning 10 acres in West Maui, this. All rights reserved. Learn more. The house known as Peace Harbor on West Lake Okoboji has no equal in the area. The median income in Kahaluu-Keauhou comes in at $79,742 and the median home value is $647,000 for 2023. The average home value in Hickam Housing is $0, the lowest in the state. An example of data being processed may be a unique identifier stored in a cookie. Hawaii has the highest average rent in the United States at $2,399 a month. A five-bedroom home is already on the property, with a one-bedroom guest cottage, but it appears the sellers are targeting a buyer who dreams even bigger. Labor Expenses Are High. 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. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. It is a quite good way to save some money. The community stands as the number 9 most affordable spot in Hawaii. 1995-2016 Honolulu Board of REALTORS. Hotels in Hawaii. To be honest, many of our most affordable Hawaii places are on also on our best places to live in the Paradise of the Pacific. The dollar amount listed for each house is the countys most recent assessment of its value, for tax purposes. Enjoy an exquisite two-story glass window view, a private pool, an all-service spa, a fully stocked gym, and an elevated dining place. Take a look at 10 of the world's most expensive houses below. Kauai, If you do decide to settle down in Waianae, youre in luck, because it has the fourth cheapest homes in Hawaii. For starters, the median rent in Kapaa is $1,541, well below the statewide average. 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. 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. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. It belongs to Carol Ann Bartz, the president and CEO of Internet service company Yahoo! {"@context": "https://schema.org","@type": "FAQPage", "mainEntity": [{"@type": "Question", "name": "What county in Hawaii has the lowest cost of living? Rena Behar is a writer and editor living in Brooklyn. Antilia | Mumbai, India. This historic house is just a few meters from the ocean and offers a 360-degree view of Mauka and Makai. The interior is just amazing and wonderful. The luxe interiors of the eight-bedroom home give off an Indonesian vibe. 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. This property is right on the beach. 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. These pricey properties are not high-rise condo time shares. The four-bedroom home, built in 2004, has been featured in both Forbes and Architectural Digest magazines. Who needs to swim in the ocean when youve got a pool this gargantuan? Boasting a unique custom Koa wood outrigger canoe, giving the true essence of Hawaii lifestyle. You can then compare these metrics in each of the places in Hawaii to figure out which is the least expensive. Located on the coveted Kohala Coast of Hawaii, this estate is one of the largest oceanfront properties for sale on the Big Island. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. 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. Information is deemed reliable but not guaranteed. In this villa, you can see the ocean raging waves straight from the living room. $1,150,000 Last Sold Price. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. 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. 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. 2 Baths. 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. Waimea comes in as the fifth least expensive place in Hawaii. 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. 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. It includes multilevel outdoor seating and living areas, including a covered lanai, dining space, and sprawling decks. Access to those usually costs a pretty penny. Where are the most expensive houses in Hawaii? 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). Maui County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Hawaii as a whole. Not only is the average the highest, but for that price, you get a fairly small property (averaging 1,309 sq. $2,400,000 Last Sold Price. The beaches in Hawaii make for some of the most serene waterfront views that any homeowner would be lucky to have. Youd have a tough time believing that youre living in one of the most expensive states in America if you just moved to Kapaa. How did we determine the most affordable place in Hawaii? Well just keep on swimming west to the island of Kauai to reach Kapaa, the tenth most affordable place to call home in Hawaii. At $24 million, it's one of the more expensive homes in the area. Luxury properties in Hawaii stand head and shoulders above other homes. Music City's population and property values are going up, up, up. 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. Homeowner Tomomi Kimura, chairman of a Tokyo-based shipping company, commissioned the house in 1992, the same year the summer Olympics were held in Barcelona. When it comes to outrageous real estate, its all about the Big Island, where youll find nine of the 10 most expensive homes in Hawaii, all strung along the Kona Coast. Some of the most luxurious and breathtaking homes in the world are in Hawaii. 1 47-477 Waihee Pl $11,900,000 6 bd 4 ba 3,595 sqft Home for sale 47-477 Waihee Pl Kaneohe, Oahu Neighborhood: Kahaluu Town 2 53-841 Kamehameha Hwy $6,000,000 4 bd 3 ba 2,080 sqft Home for sale 53-841 Kamehameha Hwy Hauula, Oahu Neighborhood: Hauula 3 You can't put a price on these beach views. 2015-2023 Chasing Chains, LLC. New Orleans real estate market gets a spotlight in the new HGTV series Selling the Big Easy.'. 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. With these high prices, it is hard for the people who have a bit less money to find a place to live. Come See the Beautiful Bali Hai Villa in Hawaii, Former NBA Coach Don Nelson Lists Stunning Hawaii Home for $15M. , Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such . For sale: $14,950,000. Ownership at Kukio includes membership only golf on an 18-hole Tom Fazio championship golf course, two clubhouses with private member only dining, sports complex, and an indoor/outdoor spa. 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