For sale: $14,950,000. 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. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. We consulted Hawaiis census data for 2022. In 2016, two penthouses at Honolulu's Waiea. 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. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. The 11,379 residents of the town can enjoy Nanakuli Beach Park or head inland to the Nanakuli Forest Preserve. What To Know. 4200 Anini Vista Dr Unit D, Kilauea, HI. Out of the 10 homes on this list, only 2 have over 10 acres of land included in the sale. 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. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. For Sale, If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. Copyright 2023 HiCentral MLS, Ltd With these high prices, it is hard for the people who have a bit less money to find a place to live. This property recently appeared on the market for the first time in more than 30 years. Below are the top 10 most expensive homes currently for sale in Hawaii: 10. The six-bedroom main house was built in 2001. The median home value in the area sits at $392,800. Surprising? S Kalaheo, Kailua, Oahu (MLS# 201510589), Hale Komodo is located beachfront on Oahus famed North Shore. Hilo. His other interests include astronomy, hiking, and fishing. Hawaii itself is extremely expensive, with the state as a whole costing about 75% more than the national average. 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. This oceanfront Kukio property grabs the No. Using public records collected by Title Guaranty Hawaii, Top Most 10 compiled a list of Hawaii's expensive homesexclusive compounds filled with sprawling swimming pools, personal tennis courts and stunning oceanfront views, places for which the annual property-tax bill runs a . if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-leader-2','ezslot_17',120,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-leader-2-0');With that example in mind, we derived several statistics from the latest Census American Community Survey 2016-2020 around incomes and costs. If you want to own one of the top expensive homes in Hawaii, it helps to be in computers or investment banking. 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 standard of living in Hilo ranks as #5,774 most affordable out of the 6,418 places we measured in Hawaii. 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. Enjoy an exquisite two-story glass window view, a private pool, an all-service spa, a fully stocked gym, and an elevated dining place. Average rents in Honolulu cost an average of $2,528. Kailua. 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. Related: Hawaii Average House Price (Median Home Price) The value of an average median home is $860,000, making it the most expensive state. 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. This imposing four-bedroom house has a two-story living room, a fully furnished professional kitchen, and a five-story glass elevator. Kauai, alternatively known as the Garden Isle, is geologically the oldest of the chain of main Hawaiian islands. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. The average living wage in Maui County is $103,095 according to MIT data. The Keahou has five bedrooms and four full baths in resort-style, perfect for entertaining family and friends. 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. Two of the big famous spots are the Diamond Head Lighthouse, which just turned 100 years old, and the Doris Duke Estate. Whereas, the median home value in Aloha State is $698,900 (as of November 2022). If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. 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 oceanfront property includes access to an 18-hole golf . The median income of a Hawaii household is $83,173.

This Vladimir Ossipoff-designed home is best known as the long-time residence of socialite Clare Boothe Luce, wife of noted magazine publisher Henry R. Luce. This estate is located on over 237 acres on Kauais North Shore. The famous Shay Zak architects designed a majestic five-bedroom, five-and-a-half baths marvel to sit on Kohanaiki front row. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Kilauea, HI (realtor.com) 3. 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. The median home value in the community stands at $635,900. Join the party! Here are the ten most expensive homes for sale in Urban Honolulu right now. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. The median price of homes in December 2021 was $1.06 million, a 22 percent increase . Overlooking the water just across the bay from the Mauna Lani Resort, this wedge-shaped Kona property belongs to Toyota Motor Sales USA. 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. 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. Larry Ellison doesn't just own a home in Hawaii he owns an entire island. Hawaii Island 720415 Kaupulehu Dr. Kailua Kona, HI 96740. But dont worry: Waimanalo represents the number 8 most reasonable place to put down roots in Hawaii. This is our ninth time ranking the. This expensive state is the only one outside of North America, the only island state, and the only state in the tropics. Becky Bracken covers celebrity and other notable real estate for Realtor.com. 4. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. Waimanalo, Hawaii, is located on the windward side of the island of Oahu. Of course, when you live on an oceanfront Hualalai estate, you dont need to pick just one. SOLD JUN 3, 2022. While the competition was fierce, there can be only one number one most affordable to live in Hawaii for 2022. For more information on any of these listings, please contact Roni Marley, RB at 808.652.1006, Posted on This information is believed to be accurate. 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. Although Kaneohe 's median home value of $627,500 is higher than the state average, its median household income - $81,907 - is well above the national average, making it an affordable option for many people. Homes in Waimea go for about $462,800, the eighth lowest in the state. Under his management, the venture-capital company has invested, quite successfully, in tech-based startups; its portfolio includes a grab bag of up-and-comers in software, healthcare and computer technology. The median income of a Hawaii household is $83,173. Hilo is a major tourist destination thanks to being the principal city on the Island of Hawaii. 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 We use data, analytics, and a sense of humor to determine quality of life for places across the nation. All rights reserved. The average home value in Hickam Housing is $0, the lowest in the state. With Tourism Halted, Hawaii's Housing Market Takes a Big Hit. Kailua. For starters, the median rent in Kapaa is $1,541, well below the statewide average. Meanwhile, the unemployment rate is a puny 3.47%. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Even more importantly, with a median income of $95,667, Waimea residents enjoy the second best home price to income ratio in Hawaii. 2015-2023 Chasing Chains, LLC. With CEOs and celebritiesbeing some of the clientele purchasing property,the assembly of luxury homeowners is a list that continues to grow. 1. It borrows greatly from 18th-century French architecture and mixes it with a pinch of modern Mediterranean buildings. Your email address will not be published. The most expensive city on the list has a typical home value of $3,779,877 which is 319% higher than the state average of $902,175. 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. Keep reading. Music City's population and property values are going up, up, up. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. Now when referring to sales prices for homes that are being purchased as opposed to rented, there is a similar pattern of costs. This house is the most famous building by the award-winning architect Peter Vincent. It also has an extended living space through the mahogany furnished doors. #luxuryhometour #ma. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Featured properties may or may not be listed by the office/agent presenting this brochure. While those numbers may seem a tad high, keep in mind that the median income in Waihee-Waiehu is $109,077, so residents have plenty of cash leftover after housing is paid for. 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. 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. This time, its not even the most expensive Kahala property. 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. 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. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. Aloha and welcome to Waihee-Waiehu, the most affordable place to live in Hawaii for 2022. Compared to only Hawaii, Hilo has a cost of living index that's 0.8x lower than Hawaii's index of 180. Molokai . This home has three bedrooms, each with a bathroom suite offering a view of the mountain ranges and mesmerizing ocean waves. The average living wage in Maui County is $103,095 . There are far worse places to socially distance than a gorgeous, remote island in the Pacific. Villa Leopolda | Cote D'Azure, France. 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. 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.. By definition, that implies Hilo ranks as the #645 most expensive place in the Aloha State. , Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such . The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. Source: Art Wager / iStock via Getty Images Hawaii: Urban Honolulu: >Cost of living in Urban Honolulu: 13.8% more expensive than U.S. avg. All the more reason to snap up an offering like this 296 Gray Head mansion while you can. Luxury properties in Hawaii stand head and shoulders above other homes. Buckingham Palace | London, UK. The resort is a 3-story property featuring four and a half baths and has a wood shake roof. Brokerage. of Maui and should not be relied upon without independent verification. The Faye property is the largest piece of property currently for sale oceanfront, on Hanalei Bay at 2.01 acres. Nanakuli, Hawaii, lets you get that with a little bit of a bargain. Just two lots down from Michael Dells sprawling Kukio estate is another multi-structure compound, this one belonging to David L. Anderson, the managing director of Sutter Hill Ventures. The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. Beachfront, 4747 Kahala Ave (Kahala) - $15.2M. The resort is also close to a world-class shopping center. Population: 5,599Rank Last Year: 11 (Up 3)Home Price To Income Ratio: 5.8x (16th most affordable)Income To Rent Ratio: 82.6x (32nd cheapest)More On Waimanalo: Real Estate|Cost Of Living. . 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. 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. 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). 4. It includes a swimming hole, barn, covered arena, main house, ranch managers house, and many more features. Hilo Hilo is the largest city on the Island of Hawaii. 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 Who needs to swim in the ocean when youve got a pool this gargantuan? No, were talking about luxurious locations with private beaches, lanais, infinity pools, tennis courts, and guest cottages for family and friends. Privacy is at the center of the villas main features as it has a green living wall surrounding the main entry points. 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. Perched on Kauai's North Shore in Kilauea above Kalihiwai Bay, you can see 180 degrees, Namahana Mountains to Kalihiwai Valley and the ocean beyond. This propertys main structurecomprises four pavilions joined by open-air walkways, which allow you to enjoy the tropical breezes and surrounding lush landscaping. We incorporated elements of Christians art throughout the house, says architect Jeff Long. Kauai, Within the last few years the Garden Isle has become increasingly popular. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. Hilo, HI: 4 Read on to see which cities made the list. 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 The Aloha Spirit is all-encompassing. SOLD JUN 3, 2022. There are beaches and golf courses to wile away the hours. Honolulu. Buyouts have been good for Roberts: Forbes ranked him No. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-01 09:52:23 PST. And they get these natural wonders on the cheap. Homes For Sale New Homes Most Expensive Homes. 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. {"@context": "https://schema.org","@type": "FAQPage", "mainEntity": [{"@type": "Question", "name": "What county in Hawaii has the lowest cost of living? Hanalei, 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. Required fields are marked *. Nanakuli is located on the island Oahu, about a 40-minute drive down the coast from Honolulu, the state capital and its biggest city. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. The county in Hawaii with the lowest cost of living is Maui County. Part of the mansion's lushly planted acreage is devoted to a working farm of coconuts, bananas, white pineapple and citrus trees. Most of the most expensive homes on Kauai are located on Kauai's north (Kilauea and Princeville) or south shores (Poipu). Here are the top ten most expensive homes currently available for purchase in Hawaii Kai Oahu, Hawaii . 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. The house, as sold, was built in 1985 and spread out over 18K sq ft. Big Island, That would be the cost of a mansion in most other parts of the country, but its about par for the region. Antilia | Mumbai, India. Maintaining water features in arid Kona cant be easy.) Ifwhats there isnt quite enough, theres room on the property to keep on building. It belongs to Carol Ann Bartz, the president and CEO of Internet service company Yahoo! The property is a three-bedroom, two-baths house sitting on one acre. 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. 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). The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Kaneohe. Were taking a long swim up to Oahu island to get to our third cheapest place in Hawaii, Waianae. Hey, it doesn't hurt to dream, right? 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. The bar starts at $16 million and goes up from there. The 15.33-acre property comes . Iowa's typical house costs $183,418 and is 1,550 square feet. And its not hard to see why; Kapolei residents pay the seventh smallest proportion of their income on homes statewide. What county in Hawaii has the lowest cost of living? On JamesEdition you can find luxury homes in Hawaii of any size between 1 and 12 bedrooms with an average of 172 in size. 9. It has bent the curve and kept COVID-19 cases relatively low. Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate Sue Em.. The top 10 most expensive homes for sale in the State of Hawaii (according to MLS). And if you lock down a job here, know that the median income is $67,466, which gives Wainae the seventh best rent to income ratio in the state. $1,150,000 Last Sold Price. Access to those usually costs a pretty penny. Inside The MOST EXPENSIVE House in Hawaii, USA! 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