(And shes got a few other irons in the fire as well.). The house was finished in 2015 and is one of the most recent residential constructions on the renowned Kailua Beach. It also caters to your automobiles with six parking areas and a beautiful driveway. Required fields are marked *. 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.

Mauna Lani Resort, This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. 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. The lighthouse is a true landmark and still functions as a beacon announcing many ships to Honolulu. Consisting of 10 separate parcels, this park-like estate is truly a private compound. Leave your opinion here. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. 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. Some of the most luxurious and breathtaking homes in the world are in Hawaii. In 2016, two penthouses at Honolulu's Waiea. Source: Art Wager / iStock via Getty Images Hawaii: Urban Honolulu: >Cost of living in Urban Honolulu: 13.8% more expensive than U.S. avg. 23). 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. Where are the most expensive houses 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. 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. Hawaii also has one of the nation's highest median incomes at $80,729 annually. The entire property occupies 5,963 sq ft on a 17,942 ft lot. Population: 13,192Rank Last Year: 4 (Up 1)Home Price To Income Ratio: 5.8x (15th most affordable)Income To Rent Ratio: 62.8x (46th cheapest)More On Waianae: Real Estate|Cost Of Living. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 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. This browser is no longer supported. Becky Bracken covers celebrity and other notable real estate for Realtor.com. But, cultural assets aside, what are the most valuable homes currently on the market? Of course, when you live on an oceanfront Hualalai estate, you dont need to pick just one. Take a half-hour drive through the middle of the island and youll arrive at Honolulu, the states capital and its biggest city. Generally, the lowest housing costs are on the Big Island, which is considered the cheapest Hawaiian island to live on. 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. If that is not enough, it has a direct view of the coast, its sandy beaches, and the neighboring harbor. You might spend more on housing, but you have more money overall to play with. Rocky A/Flickr. Learn more. Not only is the lot 2.5 acres, there are 2.5 acres of conservation land in front, and another 3 acres of resort common area in back. 2023 Warner Bros. The home is now owned by Houston-based Fayez Sarofim. 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.

And its not hard to see why; Kapolei residents pay the seventh smallest proportion of their income on homes statewide. Zip codes are ranked by the Zillow Home Values . The average home value in Hawaii is $636,400, almost nan times higher than Hickam Housing. 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. This incredible coastal house was built in 2004 and is located next to the famed Shangri La estate. He started the company in 1981 and its today headed up by his daughter, Jenise Luttgens. This time, its not even the most expensive Kahala property. It's so expensive to live in Hawaii that the U.S. Department of Housing and Urban Development considers a family of four in Hawaii making under $93,000 a year to be "low income.". Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. Found on the most expensive street in Hawaii, this eye-popping estate is the largest beach property in the area.

The county in Hawaii with the lowest cost of living is Maui County. As pricey as they are, many of the other properties on our list are squeezed right next to other mansions. Is it your dream to be right on the ocean? As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. The median income of a Hawaii household is $83,173. 1,726 Sq. Its unique designs offer a place for calm and soul renewal, earning it recognition by Architectural Digest Magazine. The consent submitted will only be used for data processing originating from this website. The Keahou has five bedrooms and four full baths in resort-style, perfect for entertaining family and friends. 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. New Orleans real estate market gets a spotlight in the new HGTV series Selling the Big Easy.'. Discovery, Inc. or its subsidiaries and affiliates. 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. Can It Bounce Back? Theres even a small farm on one corner of the lot, which grows palm, citrus, and coconut trees. S Kalaheo, Kailua, Oahu (MLS# 201510589), Hale Komodo is located beachfront on Oahus famed North Shore. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. This majestic home is a three-level suite house, and the rooftop gives access to every RITZ facility. It had been remodeled as recently as 2004, when it was bought for that $15.2M in 2015. 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. We and our partners use cookies to Store and/or access information on a device. (Although when we flew over the property, the pond was all but empty. Please switch to a supported browser or download one of our Mobile Apps. But this is Hawaii, where property is expensive. Hotels in Hawaii are very common, but unfortunately, they won't be the best for your budget. 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. We consulted Hawaiis census data for 2022. Kilauea, HI (realtor.com) 3. We incorporated elements of Christians art throughout the house, says architect Jeff Long. The house is situated within a short walking distance from the Kohaniki Clubhouse. And as far as bang for your buck goes, having the Ko Olina Lagoons in your backyard is a big plus. Kailua. All rights reserved. The overall cost of living is about 50% above the national average, but thats actually pretty good for the state. 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. More importantly, if you choose to live in one of Hawaiis most affordable places, you will have plenty of extra money to do the fun things that Hawaii offers. 1 - 24 of 632 Results. 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. Another historical property, Villa Leopolda in the French Riviera, is valued at an impressive $750 million. It has a plantation model with a stretching green lawn and palm trees. Black Rock: Also on Maui, this estate, built in 2000, is situated on just under an acre of beachfront property. It is on a 2,386 sq ft plot. Hilo is a major tourist destination thanks to being the principal city on the Island of Hawaii. Kamuela, The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. For both sets of people and everyone in between, Hilo has the second cheapest homes for sale in Hawaii, with a median price tag of $341,500. How did we determine the most affordable place in Hawaii? 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. We assembled a similar list in 2005, limited to the City and County of Honolulu. The house known as Peace Harbor on West Lake Okoboji has no equal in the area. This information is believed to be accurate. One note: We restricted this list to single parcels as defined by the county tax offices. 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. United States. With Tourism Halted, Hawaii's Housing Market Takes a Big Hit. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. Big Island, 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. Here's the list of America's 10 most expensive states to live in: #1 HAWAII 2022 Cost of Living Score: 1 out of 50 points (Top States Grade: F) Consumer Price Index (May, Honolulu Area): UP. Music City's population and property values are going up, up, up. 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. 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. The average home value in Hickam Housing is $0, the lowest in the state. The Aloha Spirit is all-encompassing. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. 2015-2023 Chasing Chains, LLC. 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. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. 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. Fascinated by all sort of tools, Pete loves reading and writing about all the latest gadgets and accessories that hit the market. Buyouts have been good for Roberts: Forbes ranked him No. View More Data > Kukio, 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. 61-779 Papailoa Road, Haleiwa (MLS# 201509388). Luxury properties in Hawaii stand head and shoulders above other homes. Census American Community Survey 2016-2020, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). 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? These pricey properties are not high-rise condo time shares. Long-running horizontal windows cover the walls to give a clear view of the Hawaiian beach from multiple angles. The two guest pavilionshaveking bedrooms, full bathrooms, andlanais. The house, as sold, was built in 1985 and spread out over 18K sq ft. 5. Here are the top ten most expensive homes currently available for purchase in Kaneohe (Oahu). SOLD JUN 3, 2022. Boasting a unique custom Koa wood outrigger canoe, giving the true essence of Hawaii lifestyle. 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. . East Side, The bar starts at $16 million and goes up from there. Kailua, So without any dues let's check out the most expensive homes in Hawaii. Information is deemed reliable but not guaranteed.

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