The cost of living in Hawaii is 20.0% higher than the US average. 145 Kailuana Loop, Kailua, HI. Zillow, Inc. holds real estate brokerage licenses in multiple states. The lighthouse is a true landmark and still functions as a beacon announcing many ships to Honolulu. High-end resort-quality amenities include a lagoon pool, tennis court, sauna, media rooms, and fitness facilities. ft.). Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. 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. Kailua, The median home price in Wailuku is $463,500, which is higher than the rest of the nation but still lower than the average price in Hawaii. If you do decide to settle down in Waianae, youre in luck, because it has the fourth cheapest homes in Hawaii. 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. Waihee-Waiehu is located in the east coast of western Maui. That kept things simple, but meant overlooking a few fabulous estates that comprise multiple parcels, such as the 174-acre Tara Plantation on Kauai, which sold in 2009 for $28 million. Labor Expenses Are High. This time, its not even the most expensive Kahala property. Privacy is at the center of the villas main features as it has a green living wall surrounding the main entry points. Whether they are recently built or historical architectural marvels, you will surely fork out enormous cash for the following Hawaiian homes. Haleiwa, And its not hard to see why; Kapolei residents pay the seventh smallest proportion of their income on homes statewide. Information is deemed reliable but not guaranteed. (Although when we flew over the property, the pond was all but empty. 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. This house is the most famous building by the award-winning architect Peter Vincent. Known as Hale Palekaiko or House of Paradise, this beachfront estate sits on world-famous Kailua Beach, on Oahus East Side. Long-running horizontal windows cover the walls to give a clear view of the Hawaiian beach from multiple angles. 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. First, lets put that statement into context. This is our ninth time ranking the. 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 founded the San Francisco-based investment banking firm Thomas Weisel Partners Group. This luxury property sits on a 7,000 sq ft parcel of real estate. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. 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. In most cases, the property details are also based on publicly available city and county data. In this villa, you can see the ocean raging waves straight from the living room. S Kalaheo, Kailua, Oahu (MLS# 201510589), Hale Komodo is located beachfront on Oahus famed North Shore. The six-bedroom main house was built in 2001. What county in Hawaii has the lowest cost of living? [The owner] wanted the design to reflect that Barcelona style, recalled Yamamoto when HONOLULU interviewed him in 2005. The median income of a Hawaii household is $83,173.
The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. The 15.33-acre property comes . The median income sits at a sizable $109,620. 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 . 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. Even more importantly, with a median income of $95,667, Waimea residents enjoy the second best home price to income ratio in Hawaii. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. It also has an extended living space through the mahogany furnished doors. Like, taking a puddle jumper from the Big Island to Maui to surf or scoring tickets to Honolulus Ukulele Festival. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. Hawaii itself is extremely expensive, with the state as a whole costing about 75% more than the national average. 5. In any case, if you do settle down here, chances are youll have an awesome time sitting around a campfire at Kaloli Point, with all the mangoes and turtles your heart desires right at your feet. 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. And folks in Hawaiian Paradise Park pay the smallest percentage of their income on homes statewide. The median rent comes in at $1,552 per month. In this video, we take a look Inside The MOST EXPENSIVE House in Hawaii, USA! 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 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.. On Big Island, your average family home can go for around $330,400, while the same would fetch $625,500 on Kauai. 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. 96779, HI, United States $40,975/sqft. Japanese corporation Mint Yugen Gaisha picked this one up for $29 million in 2006, making it one of Hawaiis largest residential sales of the past decade. This exquisite modern Tudor-style mansion has quite the price tag with a listed price of $175 million. It has been provided by sources other than the Realtors Assoc. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. ", "acceptedAnswer": { "@type": "Answer", "text": " 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. [Click here for more information](/info/mls-disclaimers/#mls_726) The median home value in the area sits at $392,800. However, when you are a homeowner in Hawaii, it gets pretty expensive. 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. . 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. At the other end of the spectrum, $100 in Mississippi is worth $115.74, or 15% more than their incomes suggest. All rights reserved. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. Metros with the most cities in the top 30 in Hawaii #1.. Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959. The bar starts at $16 million and goes up from there. {"@context": "https://schema.org","@type": "FAQPage", "mainEntity": [{"@type": "Question", "name": "What county in Hawaii has the lowest cost of living?"}}, {"@type": "Question", "name": "What is the cost of living in Hawaii? We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. The Aloha Spirit is all-encompassing. in Hawaii, Anini, 1995-2016 Honolulu Board of REALTORS. Oahu, Whereas, the median home value in Aloha State is $698,900 (as of November 2022). Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved Another Oahu city and a neighbor of Ewa Beach, Kapolei ranks as the sixth least expensive place in Hawaii. Although its right above one of the areas finest beaches, its secluded from the hubbub of nearby Waikiki. 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. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. Leave your opinion here. The average home value in Hickam Housing is $0, the lowest in the state. The prodigious price tag hasnt deterred a buyerthe mansion is in contingent sale status. Shes contributed to Wirecutter, Groupon, Texas Monthly, and other publications. Ifwhats there isnt quite enough, theres room on the property to keep on building. House Grail is reader-supported. Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. Honolulu. So, want to know where you can afford to splurge on the Big Kahuna Burger and still be able to cover your cost of living in Hawaii? This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. This year has proven to be quite the year for sports cars. 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. The .7-acre lot is assessed at $13.3 million. Enjoy an exquisite two-story glass window view, a private pool, an all-service spa, a fully stocked gym, and an elevated dining place. Copyright 2023 HiCentral MLS, Ltd Waimanalo, Hawaii, is located on the windward side of the island of Oahu. Not Really. There might be some that surprise you. Pool. What To Know. 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). Below are the top 10 most expensive homes currently for sale in Hawaii: 10. The Faye property is the largest piece of property currently for sale oceanfront, on Hanalei Bay at 2.01 acres. Who needs to swim in the ocean when youve got a pool this gargantuan? Diamond Head Average sales price / interior square foot - $868.00 Data based on 35 homes sold over the past 2 years. 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. 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. Where are the most expensive houses in Hawaii? The average living wage in Maui County is $103,095 according to MIT data. Its known as the Raptor Residence, but the man behind this luxurious oceanfront estate is Michael Dell, the founder and CEO of Dell Inc. May we suggest a car dealership? One such example is Kahala - world renowned as the 'Beverly Hills of Hawaii.' Right next door is Diamond Head - another luxurious neighborhood offering wide open streets and a family friendly community at the base of the Diamond Head crater. The home is now owned by Houston-based Fayez Sarofim. Featured properties may or may not be listed by the office/agent presenting this brochure. The average price of a budget hotel can range from $130 - $165 per night. Just sayin. This historic house is just a few meters from the ocean and offers a 360-degree view of Mauka and Makai. The average living wage in Maui County is $103,095 . It includes multilevel outdoor seating and living areas, including a covered lanai, dining space, and sprawling decks. Your email address will not be published. The two guest pavilions feature king-sized beds, bar and refrigerator, full baths and lanais. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. Luxury, The place with the lowest cost of living in Hawaii according to the data is Hawaiian Paradise Park. 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. In fact, there are only six Oahu properties on the entire list. It also caters to your automobiles with six parking areas and a beautiful driveway. For this reason, look for a house that is elevated on the island. 1,726 Sq. Beachfront, Is it your dream to be right on the ocean? Kailua is home to one of Oahu's most stunning beaches, and, surprisingly enough, it is one of the cheapest places to live in Hawaii. 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. 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. Hilo is a major tourist destination thanks to being the principal city on the Island of Hawaii. The average home value in Hawaii is $636,400, almost nan times higher than Hickam Housing. Sarofim, an Egyptian-born money manager who is known as the Sphinx, bought the house in 1999 for $15 million, and has since made extensive renovations to the aging Kahala Avenue property. North Shore, Kauai. It costs $34,000 more on average to construct a new home than to buy one. Information is deemed reliable but not guaranteed. Asking price: $29,500,000. The property integrates the newest home technology with a modern entertainment unit and electric car charging docks. Kailua. Copyright 2023 House Grail. California - $538,500. View More Data > Constructed with wood-beamed vaulted ceilings, walls of glass and stone, it includes a two-story main pavilion, covered lanais and two guest pavilions with a total of four bedrooms and six-and-a-half baths. Access to those usually costs a pretty penny. Hotels in Hawaii. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Youll also find a pool, lanais, and barbecue area, all surrounded by ocean views. Kahului-Wailuku-Lahaina, HI: 9 #3. The median home value in the community stands at $635,900. This browser is no longer supported. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 2023 Warner Bros. What Makes Diamond Head Special: And they get these natural wonders on the cheap. This is one of the few properties on our list that sold for less than its assessed value. Not only is the home located near shopping, dining, and recreation of all sorts, the views are spectacular and offer a daily sunset over nearby Hanalei. 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. 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. Your email address will not be published. Come See the Beautiful Bali Hai Villa in Hawaii, Former NBA Coach Don Nelson Lists Stunning Hawaii Home for $15M. On the flip side, Waimea is less affordable for renters, so youre best off buying here. He started the company in 1981 and its today headed up by his daughter, Jenise Luttgens. 61-779 Papailoa Road, Haleiwa (MLS# 201509388). Keep reading. Data is deemed reliable but is not guaranteed accurate by the MLS. That figure actually represents the fifth lowest mark in the state. Related: Here are the ten most expensive homes for sale in Urban Honolulu right now. We know its hard to believe, but there is more to Hawaii than sunshine, surfing, and beach days. The top 10 most expensive homes for sale in the State of Hawaii (according to MLS). Keep in mind, just because these places in Hawaii are affordable, doesnt mean that theyre not nice. Grassy greens, sunny yellows, sky blues this space from HGTV Magazine is a force of nature. Hilo Hilo is the largest city on the Island of Hawaii. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. A salary of $150,000 in Honolulu, Hawaii could decrease to $138,810 in Kailua (Hawaii County), Hawaii (assumptions include Homeowner, no Child Care, and Taxes are not considered. The beaches in Hawaii make for some of the most serene waterfront views that any homeowner would be lucky to have. Hawaii Island 720415 Kaupulehu Dr. Kailua Kona, HI 96740. This information is believed to be accurate. Originally built by former Kahala Hilton owner William Weinberg in 1988, the single-story Kahala home has the best of everything: it even had an underground gasoline tank installed in the front yard, so one can fuel cars right in the garage. 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. Homes in Waimea go for about $462,800, the eighth lowest in the state. Without further ado, here are 17 things no one tells you about living in Hawaii, including the good and the bad. 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. Take a look at 10 of the world's most expensive houses below. The six-bedroom main house was built in 2001. Oceanfront, Nanakuli is located on the island Oahu, about a 40-minute drive down the coast from Honolulu, the state capital and its biggest city. Click here to customize.) The two guest pavilionshaveking bedrooms, full bathrooms, andlanais. It had been remodeled as recently as 2004, when it was bought for that $15.2M in 2015. The median income of a Hawaii household is $83,173. Zip codes are ranked by the Zillow Home Values . IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The four-bedroom home, built in 2004, has been featured in both Forbes and Architectural Digest magazines. Well, there you have it. New Orleans real estate market gets a spotlight in the new HGTV series Selling the Big Easy.'. Hawaii as a whole runs about 75% more expensive that the U.S. standard. And taking into account Kapaas median income of $92,571, residents pay the tenth smallest percentage of their salaries on rent statewide. 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. It would be hard to find a more spectacular location for a dream home. Fascinated by all sort of tools, Pete loves reading and writing about all the latest gadgets and accessories that hit the market. . This house is extremely secure and is situated along a private street close to Kahala and Waikiki. 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. Hilo. Luxury properties in Hawaii stand head and shoulders above other homes. 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. 3 Beds. If you want to own one of the top expensive homes in Hawaii, it helps to be in computers or investment banking. Found on the most expensive street in Hawaii, this eye-popping estate is the largest beach property in the area. It is a modern Diamond Head four-bedroom home with a perfect view of stunning Hawaiian sunsets. 1 - 24 of 632 Results. Hawaii is one of the most beautiful states in the US, and it has some amazing and most luxurious houses as well. 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. The consent submitted will only be used for data processing originating from this website. The house is situated within a short walking distance from the Kohaniki Clubhouse. $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. 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. Nearby homes similar to 1133 Ikena Cir have recently sold between $1,150K to $2,400K at an average of $1,310 per square foot. And the other is a one-bedroom/one-bathroom guesthouse. How did we determine the most affordable place in Hawaii? 72-2747 Uluweuweu Akau Pl, Kailua Kona ($37,000,000) With 160 feet of ocean frontage, a putting green, and lagoon style pool, you can enjoy your private oasis on Hawaiis coveted Kohala Coast. The owners pavilion includes an openchefs kitchen, media room, and exercise room, as well as a bar that also serves the pool area. 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. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-01 09:52:23 PST. 2 most expensive house, for example, is officially owned by Kukio Limited. 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. If that is not enough, it has a direct view of the coast, its sandy beaches, and the neighboring harbor. 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.
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.Blood Transport Driver Jobs, Christina Haack Commercial, Hinsdale Central High School, Peter Banks Referee, Articles M