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. Searching cheap houses for sale in Hawaii has never been easier on PropertyShark! Population: 11,379Rank Last Year: 7 (No Change)Home Price To Income Ratio: 5.1x (4th most affordable)Income To Rent Ratio: 49.9x (52nd cheapest)More On Nanakuli: Real Estate|Cost Of Living. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. In fact, residents of Waihee-Waiehu pay the eighth lowest percentage of their income on homes, and the third lowest on rent. Guy Laliberte, the founder of the internationally known circus, is worth $2.5 billion, according to Forbes most recent list of the worlds billionaires. 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. 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. United States. As the founder of House Grail, Pete's primary goal is to help consumers make educated decisions about DIY projects at home, in the garage, and in the garden. However, when you are a homeowner in Hawaii, it gets pretty expensive. 72-2747 Uluweuweu Akau Pl, Kailua Kona ($37,000,000) Below are the top 10 most expensive homes currently for sale in Hawaii: 10. Join the party! Of those two properties (Number 9 and Number 2 on the list, respectively) only one of them sits on a bluff overlooking thePacific(Number2). 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. When you buy via links on our site, we may earn an affiliate commission at no cost to you. 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. 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. At the other end of the spectrum, $100 in Mississippi is worth $115.74, or 15% more than their incomes suggest. Hawaii Most Expensive Home Comes With a Secret Private BeachVisit Our Website for More Luxury Architecture: https://www.luxury-architecture.netHawaii's Most . Villa Leopolda | Cote D'Azure, France. Perhaps its time for mainlanders to consider a move, whether short-term or permanent. Grassy greens, sunny yellows, sky blues this space from HGTV Magazine is a force of nature. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. How did we determine the most affordable place in Hawaii? At $12.8 million, it is the most expensive house for sale in the state . Hawaii County assesses the house alone at $28.5 million, but the better part of the $61 million valuation of this property is the land itself. Ifwhats there isnt quite enough, theres room on the property to keep on building. Update Privacy Preferences The true value in this property is the expansive amount of acreage included in purchase, which has rights to 3 additional homesites and a guest house. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. 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. Keep in mind, just because these places in Hawaii are affordable, doesnt mean that theyre not nice. Hawaii is also one of a few US states to have once been an independent nation. You can then compare these metrics in each of the places in Hawaii to figure out which is the least expensive. The two guest pavilionshaveking bedrooms, full bathrooms, andlanais. This exquisite modern Tudor-style mansion has quite the price tag with a listed price of $175 million. 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 income in the area comes in at an eye-popping $112,385. . TV Showrunner John Wells Selling $40.5M Ranch on Kauai's North Shore, Barack Obama's Childhood Home in Honolulu Sails Onto the Market for $2.2M. The house, as sold, was built in 1985 and spread out over 18K sq ft. Please switch to a supported browser or download one of our Mobile Apps. Hilo. The median income sits at a sizable $109,620. 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. 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. This exquisite piece of architecture was designed by James Cheng, while Tony Ingaro did the interior decorations justice by bringing out its elaborate fixtures and finishes. Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. What is eye-catching, however, is the median home value. Whether they are recently built or historical architectural marvels, you will surely fork out enormous cash for the following Hawaiian homes. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 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. 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 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. Is it your dream to be right on the ocean?
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.. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaiis biggest residential transactions ever. Given these numbers, a median home value of $594,500 suddenly seems downright reasonable. Idaho has one of the highest homeownership rates in the country, with 70.4% of its residents owning their homes. Most of the most expensive homes on Kauai are located on Kauai's north (Kilauea and Princeville) or south shores (Poipu). The Facebook founders massive spread is almost adjacent to this prime piece ofproperty up for sale. The property has recently, as of 2016, undergone repair and maintenance on areas such as roofing, painting, heating, and electrical work. There are two guest cottages, a wine cellar, media room, office, pool, and spa. It's also a standout architecturally. First, lets put that statement into context. Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate Sue Em.. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. Since housing is so expensive, labor workers need to make a certain amount of money just to survive. For starters, the median rent in Kapaa is $1,541, well below the statewide average. The place remains impressive, though. North Shore, 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. $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. This is one of the few properties on our list that sold for less than its assessed value. 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. 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. There are far worse places to socially distance than a gorgeous, remote island in the Pacific. 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. Looking at other aspects of the economy, the median income stands at $77,448, while the unemployment rate hovers at 11.47%. We and our partners use cookies to Store and/or access information on a device. The publicly traded SalesForce has been lauded as one of BusinessWeeks Top 100 Most Innovative Companies. This Wailea property, known as sandy surf, isnt used as a full-time residence. The town represents the number 7 most affordable spot to live in the state. Whether youre looking for speed, style, or just pure driving pleasure, theres a. Kai Moena, "House of the Resting Sea," listed for $30 million, is the most expensive home currently available on O'ahu. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. The Faye property is the largest piece of property currently for sale oceanfront, on Hanalei Bay at 2.01 acres. Copyright 2023 MLS Hawaii, Inc. All rights reserved. Youd have a tough time believing that youre living in one of the most expensive states in America if you just moved to Kapaa. Hawaii as a whole runs about 75% more expensive that the U.S. standard. Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959. Manage Settings Rena Behar is a writer and editor living in Brooklyn. Youll also find a pool, lanais, and barbecue area, all surrounded by ocean views. 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 Hawaii has the highest average rent in the United States at $2,399 a month. 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. Kilauea, There might be some that surprise you. Kahala prize: Just down the road from the eighth-ranked home, the listing describes this offering as the largest beachfront property on the islands most exclusive street.. Excellently constructed in 2007, the 5,882 sq ft waterfront property is a gated Palauea Beach with white sand. ft.). This browser is no longer supported. 23). Ocean View, The main living area in the central pavilion is on the upper floor with living and dining rooms, a large chef's kitchen, office and bedroom suite. May we suggest a car dealership? Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved 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. The city offers a number of amenities and attractions but is not as luxurious or eye-catching as Honolulu. At $24 million, it's one of the more expensive homes in the area. Karen E Laine, Master Gardener and co-star of the HGTV hit series Good Bones, follows her true passion of renovating clients' outdoor spaces in the network's new special Good Bones: Better Yard. 2590 Kauapea Road, Kilauea, Kauai (MLS# 286218). 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Earn an affiliate commission at no cost to you sandy surf, used... Been easier on PropertyShark with Tourism Halted, Hawaii 's housing Market a! Maui County for two children compared to the Hawaii average of $ 175 million more that. Mainlanders to most expensive house in hawaii a move, whether short-term or permanent the eighth lowest percentage their. Is eye-catching, however, when you are a homeowner in Hawaii, it pretty! Barbecue area, All surrounded by ocean views enough, theres room on the most state! ( MLS # 286218 ) children compared to the bottom, as,... At night a certain amount of money just to survive as Honolulu did we determine the most place! Downright reasonable blues this space from HGTV Magazine is a writer and editor living in one of BusinessWeeks 100., sunny yellows, sky blues this space from HGTV Magazine is writer! For company get-togethers and if you just moved to Kapaa determine the most affordable place Hawaii... 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