From plantation towns to planned communities, Central Oahu has its share of secret spots, a bumper crop of bowling alleys and neighborhood eats. Hawaii. The Keahou has five bedrooms and four full baths in resort-style, perfect for entertaining family and friends. The house, as sold, was built in 1985 and spread out over 18K sq ft. There are two guest cottages, a wine cellar, media room, office, pool, and spa. Housing costs, defined as a blend of the average rent and average mortgage payment, are $21,264 per year in Maui County compared to $23,334 on average in Hawaii. of Maui and should not be relied upon without independent verification. And as far as bang for your buck goes, having the Ko Olina Lagoons in your backyard is a big plus. Kahului-Wailuku-Lahaina, HI: 9 #3. This imposing four-bedroom house has a two-story living room, a fully furnished professional kitchen, and a five-story glass elevator. 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. East Side, Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. 4747 Kahala Ave (Kahala) - $15.2M. Youll also find a pool, lanais, and barbecue area, all surrounded by ocean views. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. 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. Meet the Next Generation at Sing Cheong Yuan Bakery and Other Shops, Wo Fat Building in Chinatown Is Becoming a Chic Boutique Hotel, Sprucing Up the Neighborhood Around Aala Park, Remington Redo to Turn Former College into Downtown Hotel, The Liljestrand House: Honolulu's Mid-Century Architectural Gem, Where to Find Mochi and Other Sweet Treats for Girls Day in Honolulu, Why I Love the New Hapa Kauais Tonkotsu Ramen, Photos: 2023 Best Dentists in Hawaii Reception, The Top 5 Whiskey Drinks to Order at ELEVEN, The HDS Tooth Fairy is Coming Back to Kakaako, A Locals Guide to an Oahu Road Trip: Wahiaw to Salt Lake, Spring Fashion Feature: Proud Hawaiian Model Mahina Florence Inspires Murals, 10 Local Ocean-Friendly Restaurants on Oahu to Try Now. Join the party! The overall cost of living is about 50% above the national average, but thats actually pretty good for the state. AN ELITE CAFEMEDIA LIFESTYLE PUBLISHER. These pricey properties are not high-rise condo time shares. 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). The average home value in Hickam Housing is $0, the lowest in the state. Perhaps its time for mainlanders to consider a move, whether short-term or permanent. This house is the most famous building by the award-winning architect Peter Vincent. This house is extremely secure and is situated along a private street close to Kahala and Waikiki. 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. The Diamond Head Villa features two outdoor BBQs, a spa, two sun decks, and a private pool. For starters, the median rent in Kapaa is $1,541, well below the statewide average. 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. The dollar amount listed for each house is the countys most recent assessment of its value, for tax purposes. Built in the early 1900s, this plantation style home sits on world-famous Hanalei Bay. Of course, when you live on an oceanfront Hualalai estate, you dont need to pick just one. Hilo. California - $538,500. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-01 09:52:23 PST. This property recently appeared on the market for the first time in more than 30 years. 96779, HI, United States $40,975/sqft. You can step into the front yard and dive into the pool for an in-house immersion. In this video, we take a look Inside The MOST EXPENSIVE House in Hawaii, USA! Traditional Western elements meet contemporary style in this Jackson Hole homestead designed by Ward+Blake Architects and inspired by the water, trees and mountains that surround it. The home is now owned by Houston-based Fayez Sarofim. {"@context": "https://schema.org","@type": "FAQPage", "mainEntity": [{"@type": "Question", "name": "What county in Hawaii has the lowest cost of living? The average home value in Hawaii is $636,400, almost nan times higher than Hickam Housing. 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. Update Privacy Preferences Source: Art Wager / iStock via Getty Images Hawaii: Urban Honolulu: >Cost of living in Urban Honolulu: 13.8% more expensive than U.S. avg. Heres a look at the most expensive cities in Hawaii according to the data: Chris Kolmar has been in the real estate business for almost ten years now. Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959.

OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. Idaho has one of the highest homeownership rates in the country, with 70.4% of its residents owning their homes. Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners. 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. Homes in Waimea go for about $462,800, the eighth lowest in the state. The entire property occupies 5,963 sq ft on a 17,942 ft lot. The four-bedroom home, built in 2004, has been featured in both Forbes and Architectural Digest magazines. Maintaining water features in arid Kona cant be easy.) Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959. Although its right above one of the areas finest beaches, its secluded from the hubbub of nearby Waikiki. On Big Island, your average family home can go for around $330,400, while the same would fetch $625,500 on Kauai. The average living wage in Maui County is $103,095 according to MIT data. This estate is iconic, and has the old feel of open space and landscaping of plantation days. Most Expensive States. The cheapest housing market in Hawaii is Hickam Housing. Molokai . With these high prices, it is hard for the people who have a bit less money to find a place to live. There are multiple master suites, and many features accentuating the luxury of this property. Part of the mansion's lushly planted acreage is devoted to a working farm of coconuts, bananas, white pineapple and citrus trees. 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. Hawaii is also one of a few US states to have once been an independent nation. 1,726 Sq. Yes, that Schwabfounder and chairman of the Charles Schwab Corp., and ranked by Forbes as the 50th richest person in the U.S., with a fortune totaling approximately $4.7 billion. 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. 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. Pete has been working in the trades since high school, where he first developed a passion for woodworking. Zillow, Inc. holds real estate brokerage licenses in multiple states. 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. 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. #luxuryhometour #ma. And taking into account Kapaas median income of $92,571, residents pay the tenth smallest percentage of their salaries on rent statewide. Information is deemed reliable but not guaranteed. Oahu has some famously expensive neighborhoods, such as Kahala, Portlock and Lanikai, but they dont appear in the top 10 spots on our list. 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. The median income in the area comes in at an eye-popping $112,385. Inside The MOST EXPENSIVE House in Hawaii, USA! Metros with the most cities in the top 30 in Hawaii #1. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. It includes multilevel outdoor seating and living areas, including a covered lanai, dining space, and sprawling decks. 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. All this paradise comes at a price, of course. Looking at other aspects of the economy, the median income stands at $77,448, while the unemployment rate hovers at 11.47%. This exquisite modern Tudor-style mansion has quite the price tag with a listed price of $175 million. 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. One seating area is mostly surrounded by windows in case you dont want to go outdoors but still want toenjoy the verdant landscape. The luxe interiors of the eight-bedroom home give off an Indonesian vibe. WELCOME HAWAII PROPERTIES $41,900,000 7 bds 10 ba 6,645 sqft - House for sale 3D Tour 7505 Makena Rd, Kihei, HI 96753 WELCOME HAWAII PROPERTIES $33,900,000 7 bds 8 ba 10,500 sqft - House for sale 3D Tour 72-393 Kaupulehu Dr, Kailua Kona, HI 96740 COLDWELL BANKER ISLAND PROPERTIES - KONA $32,000,000 7 bds 9 ba 11,176 sqft - House for sale Consisting of 10 separate parcels, this park-like estate is truly a private compound. Get product recommendations from HGTV editors, plus cant-miss sales and deals. Homes in Waimea go for about $462,800, the eighth lowest in the state. The lower level has a media room, full bath, gym and a bar opening to a 1,600-square-foot pool and spa. Your Email address will be kept private, this form is secure and we never spam you. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. This one is really well done. Villa Leopolda | Cote D'Azure, France. Manage Settings Luxury, Please be nice. . . 4. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Homes, 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 What is eye-catching, however, is the median home value. The community stands as the number 9 most affordable spot in Hawaii. 3 Beds. The median home value in the community stands at $635,900. This magnificent 6 bedroom 6 1/2 bathroom with over 5,530 ft. of living space. The cost of living in Hawaii is 20.0% higher than the US average. It comes up for sale as a separate property down the road, also in Keawakapu sold for a . The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. What To Know. 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. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. 72-2747 Uluweuweu Akau Pl, Kailua Kona ($37,000,000) All rights reserved. Wai Kala Ranch: This chunk of land on Kauais north shore, a total of 370 acres, is being sold by the Hollywood showrunner John Wells, the man behind such iconic shows as ER and The West Wing.. Known as Hale Palekaiko or House of Paradise, this beachfront estate sits on world-famous Kailua Beach, on Oahus East Side. 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. As you go through the entrance, a manicured lawn and pathways are revealed, coupled with outdoor lava rock showers. Buckingham Palace | London, UK. Well, there you have it. The place remains impressive, though. 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. How things have changed. Leave your opinion here. 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. Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved See Also:What Is the State Flower of Hawaii? Hawaii island is once again the most affordable option, while Oahu is by far the most expensive. SOLD JUN 3, 2022. Within the last few years the Garden Isle has become increasingly popular. 2015-2023 Chasing Chains, LLC. See property outline below. The huge price is mainly based on the location on the waterfronts of Hanalei bay. However, the median household income is $52,000.

"}}, {"@type": "Question", "name": "What is the cost of living in Hawaii? $2,400,000 Last Sold Price. More than half of the top 25 homes in Hawaii are located on the Kona Coast, and theyre all in private resort communitiesKukio, Mauna Lani, Mauna Kea and Hualalai. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. 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. This expensive state is the only one outside of North America, the only island state, and the only state in the tropics. 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. Waimanalo, Hawaii, is located on the windward side of the island of Oahu. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. Hawaii, HI Luxury Homes For Sale 788 Luxury Homes & Mansions Available Tile Sort by Price (high to low) 30 4408 LAWAI RD, Koloa, HI 96756 3 Beds 4 Baths 2,786 Sqft 0.74 ac Lot Size Residential $30,000,000 USD View Details 22 123 Kailuana Loop, Kailua, HI 96734 8 Beds 11 Baths 11,545 Sqft Residential $29,420,000 USD View Details 15 , Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such . Not only is the average the highest, but for that price, you get a fairly small property (averaging 1,309 sq. It is a modern Diamond Head four-bedroom home with a perfect view of stunning Hawaiian sunsets. A 6 BD home with 5 BA and 3 half baths, and over 9,500 SF of living space, sitting on 6.41 acres. 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). Shes contributed to Wirecutter, Groupon, Texas Monthly, and other publications. 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 only thing Hawaiian Paradise Park doesnt have going for it is affordable rent, which keeps it from a higher position on this list. (There are no lots 2 and 3Dell combined three 1-acre parcels.) We consulted Hawaiis census data for 2022. Becky Bracken covers celebrity and other notable real estate for Realtor.com. 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. The top 10 most expensive homes for sale in the State of Hawaii (according to MLS). Renting in Hawaii is much more expensive than most places on the mainland - and it all depends on location. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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