SOLD JUN 3, 2022. Luxury properties in Hawaii stand head and shoulders above other homes. Found on the most expensive street in Hawaii, this eye-popping estate is the largest beach property in the area. Here are the 10 states with the highest median home price: Hawaii - $636,400. Hale 'Ae Kai is listed for $70 million by Neal Norman of Hawaii Life Real Estate Brokers. 2015-2023 Chasing Chains, LLC. Buckingham Palace | London, UK. 4747 Kahala Ave (Kahala) - $15.2M. And if you dont find your favorite there, head to the bottom. 9 Bay Dr, Lahaina, HI Price: $37,500,000 Hawea Point: Spectacular and spanning 10 acres in West Maui, this. There are multiple master suites, and many features accentuating the luxury of this property. Becky Bracken covers celebrity and other notable real estate for Realtor.com. Keep in mind, just because these places in Hawaii are affordable, doesnt mean that theyre not nice. Nanakuli, Hawaii, lets you get that with a little bit of a bargain. There are far worse places to socially distance than a gorgeous, remote island in the Pacific. 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. Source: Art Wager / iStock via Getty Images Hawaii: Urban Honolulu: >Cost of living in Urban Honolulu: 13.8% more expensive than U.S. avg. Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. As you go through the entrance, a manicured lawn and pathways are revealed, coupled with outdoor lava rock showers. Even more importantly, with a median income of $95,667, Waimea residents enjoy the second best home price to income ratio in Hawaii. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. And its not hard to see why; Kapolei residents pay the seventh smallest proportion of their income on homes statewide. 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 For starters, they are the most expensive to purchase. This imposing four-bedroom house has a two-story living room, a fully furnished professional kitchen, and a five-story glass elevator. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. The housing figures become more understandable when you consider the high incomes enjoyed by Waimanalos 5,599 residents. 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 72-2747 Uluweuweu Akau Pl, Kailua Kona house is considered the most expensive house in Hawaii which costs $45,000,000. You can then compare these metrics in each of the places in Hawaii to figure out which is the least expensive. 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. Looking at other aspects of the economy, the median income stands at $77,448, while the unemployment rate hovers at 11.47%. 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. 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. Leave your opinion here. 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In 2016, two penthouses at Honolulu's Waiea. 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. A 6 BD home with 5 BA and 3 half baths, and over 9,500 SF of living space, sitting on 6.41 acres. 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. The community stands as the number 9 most affordable spot in Hawaii. Waimanalo, Hawaii, is located on the windward side of the island of Oahu. District of Columbia - $618,100. But this is Hawaii, where property is expensive. Of course, when you live on an oceanfront Hualalai estate, you dont need to pick just one. Luxury, 9 Bay Dr, Lahaina, HI. The biggest city to make this list and the third biggest city in Hawaii, Hilo ranks as the second cheapest place to live in the state. Golf getaway: On the Big Island, this nearly 1.5-acre lot of oceanfront paradise comes with the opportunity to apply to the Kukio Golf and Beach Club. Hawaii Most Expensive Home Comes With a Secret Private BeachVisit Our Website for More Luxury Architecture: https://www.luxury-architecture.netHawaii's Most . Grassy greens, sunny yellows, sky blues this space from HGTV Magazine is a force of nature. This year has proven to be quite the year for sports cars. Check with the applicable school district prior to making a decision based on these boundaries. Maui County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Hawaii as a whole. Charles Kip Thieriot, now retired, is a member of the prestigious family that founded and ran the San Francisco Chronicle, and was himself the president of Western Communications. 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. Were taking a long swim up to Oahu island to get to our third cheapest place in Hawaii, Waianae. This time, its not even the most expensive Kahala property. 61-779 Papailoa Road, Haleiwa (MLS# 201509388). All the more reason to snap up an offering like this 296 Gray Head mansion while you can. Hawaii has the highest average rent in the United States at $2,399 a month. North Shore, Kauai. [The owner] wanted the design to reflect that Barcelona style, recalled Yamamoto when HONOLULU interviewed him in 2005. This expensive state is the only one outside of North America, the only island state, and the only state in the tropics. 4747 Kahala Ave. Information is deemed reliable but not guaranteed. The average home value in Hickam Housing is $0, the lowest in the state. The cheapest housing market in Hawaii is Hickam Housing. Built in 2001, the home has its own name, Kai Moena, which translates to House of the Resting Sea. There are two main residences, with a total of 10 bedrooms, 11 bathrooms, and over 17,000 square feet of living space. For this reason, look for a house that is elevated on the island. Naturally, theres an infinity pool with hot tub. While the rest of the country struggles with shelter-in-place fatigue and a rising count of coronavirus infections, the Aloha State has just begun to relax its 14-day quarantine rules. In this video, we take a look Inside The MOST EXPENSIVE House in Hawaii, USA! 2 Baths. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. The consent submitted will only be used for data processing originating from this website. 9. S Kalaheo, Kailua, Oahu (MLS# 201510589), Hale Komodo is located beachfront on Oahus famed North Shore. Kailua Kona, The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. The median income in the area comes in at an eye-popping $112,385. Don't miss HGTV in your favorite social media feeds. 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. This Wailea property, known as sandy surf, isnt used as a full-time residence. 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). And real estate developers have not disappointed in erecting building designs that define architectural eras to marvel and excite those few who are lucky to call these resorts home. We knowthat sounds high. Or in the state of Iowa, for that matter. We and our partners use cookies to Store and/or access information on a device. 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. Ifwhats there isnt quite enough, theres room on the property to keep on building. 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. 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 . Hotels in Hawaii are very common, but unfortunately, they won't be the best for your budget. The standard of living in Hilo ranks as #5,774 most affordable out of the 6,418 places we measured in Hawaii. What county in Hawaii has the lowest cost of living? The huge price is mainly based on the location on the waterfronts of Hanalei bay. Palauea Beach: Newly constructed in West Maui, this contemporary four-bedroom beach house, which comes fully furnished, includes a lanai, high ceilings, and custom craftsmanship throughout.
This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. Discovery, Inc. or its subsidiaries and affiliates. The lower level has a media room, full bath, gym and a bar opening to a 1,600-square-foot pool and spa. Kailua, Your email address will not be published. It comes up for sale as a separate property down the road, also in Keawakapu sold for a . Join the party! Aloha Dear Friends, Im on a roll, second closing this month!! 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. The long beaches of Hawaii offer great sites to build homes with architectural uniqueness and curiosity. >Cost of living in Hawaii: 12% more expensive than U.S . This propertys main structurecomprises four pavilions joined by open-air walkways, which allow you to enjoy the tropical breezes and surrounding lush landscaping. The property integrates the newest home technology with a modern entertainment unit and electric car charging docks. Here are our top picks for Hawaii residents on a budget: 1. 10 Types of Delphinium Flower to Grow at Home (With Pictures). Hawaii is also one of a few US states to have once been an independent nation. Big Island, 1,726 Sq. Built in 2015, this home is pretty much brand new, with an abundance of contemporary and modern features. Youll also find a pool, lanais, and barbecue area, all surrounded by ocean views. When the Strong family are not in residence, they lease the property as a vacation rental for $10,000 a night. Living in Hawaii is so expensive that more . 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. This luxury property sits on a 7,000 sq ft parcel of real estate. 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. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. Given these numbers, a median home value of $594,500 suddenly seems downright reasonable. 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.. See property outline below. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. Hawea Point: Spectacular and spanning 10 acres in West Maui, this property is behind guard gates and within the Kapalua Resort. As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. Hawaii is a magical place to live or visit, but if you're planning a move to these beautiful islands, there are a few things you should know. Boasting a unique custom Koa wood outrigger canoe, giving the true essence of Hawaii lifestyle. The median home value in the area sits at $392,800. Kauai, alternatively known as the Garden Isle, is geologically the oldest of the chain of main Hawaiian islands. 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. The sprawling ranch sits at the foot of Mount Namahana and is filled with waterfalls, two custom truss bridges, stables, pasture, and forest areas. Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. Located on the sunny Kona side of Hawaiis Big Island, this 6 BD/7.5 BA home sits on 1.3 acres within Kukio, an oceanfront private club. 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. Located on a little over an acre, this 3 BD/2.5 BA home is just steps from the Pacific Ocean. The city offers a number of amenities and attractions but is not as luxurious or eye-catching as Honolulu. The distribution of these palatial properties is also illuminating. 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. The median rent comes in at $1,552 per month. The average price of a budget hotel can range from $130 - $165 per night. Though we can't crown a #1 Most Expensive Neighborhood definitively, you're guaranteed it's in here, along with 10 more that tie for #2. Renting in Hawaii is much more expensive than most places on the mainland - and it all depends on location. 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. On JamesEdition you can find luxury homes in Hawaii of any size between 1 and 12 bedrooms with an average of 172 in size. We aim to deliver bite-sized pieces of infotainment about where you live. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. The overall cost of living is about 50% above the national average, but thats actually pretty good for the state. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. 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. Can It Bounce Back? 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. Those who call Hawaii home . 1995-2016 Honolulu Board of REALTORS. Whether youre looking for speed, style, or just pure driving pleasure, theres a. Of those two properties (Number 9 and Number 2 on the list, respectively) only one of them sits on a bluff overlooking thePacific(Number2). 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. One seating area is mostly surrounded by windows in case you dont want to go outdoors but still want toenjoy the verdant landscape. North Shore, The Facebook founders massive spread is almost adjacent to this prime piece ofproperty up for sale. Its currently being used as a short-term rental and comes with access to Kaanapali Resort amenities. 2023 Warner Bros. 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. There are two guest cottages, a wine cellar, media room, office, pool, and spa. Waimea is located in the northern part of the Island of Hawaii. The house was finished in 2015 and is one of the most recent residential constructions on the renowned Kailua Beach. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Waimea comes in as the fifth least expensive place in Hawaii. Photo: 360 Property Photos. 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. Manage Settings The house known as Peace Harbor on West Lake Okoboji has no equal in the area. 13) in order to move a few miles down the coast to one of Kukios newer developments. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. But, cultural assets aside, what are the most valuable homes currently on the market? This house looks out onto Kukios South Pond, and then onto the ocean. Is it your dream to be right on the ocean? The oceanfront property includes access to an 18-hole golf . Brokerage. 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. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. For more information on any of these listings, please contact Roni Marley, RB at 808.652.1006, Posted on A Balinese and Hawaii-inspired beachfront home in Keawakapu, Maui is on the market, listed at $38 million. 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. Your Email address will be kept private, this form is secure and we never spam you. We also looked at cost of living, affordable housing, and safety. 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