Oahu has some famously expensive neighborhoods, such as Kahala, Portlock and Lanikai, but they dont appear in the top 10 spots on our list. 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. Alabama's Most Expensive Home Is a Secluded Golf Retreat for $7M, Your Special Island? The median income of a Hawaii household is $83,173.

The huge price is mainly based on the location on the waterfronts of Hanalei bay. Source: Art Wager / iStock via Getty Images Hawaii: Urban Honolulu: >Cost of living in Urban Honolulu: 13.8% more expensive than U.S. avg. Mauna Lani Resort, Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. 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? 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. In fact, residents of Waihee-Waiehu pay the eighth lowest percentage of their income on homes, and the third lowest on rent. Fascinated by all sort of tools, Pete loves reading and writing about all the latest gadgets and accessories that hit the market. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. The community stands as the number 9 most affordable spot in Hawaii. Molokai . The consent submitted will only be used for data processing originating from this website. Population: 26,358Rank Last Year: 8 (Down 1)Home Price To Income Ratio: 5.3x (9th most affordable)Income To Rent Ratio: 57.2x (18th cheapest)More On Ewa Gentry: Real Estate|Cost Of Living. It had been remodeled as recently as 2004, when it was bought for that $15.2M in 2015. The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. 10 Types of Delphinium Flower to Grow at Home (With Pictures). ", "acceptedAnswer": { "@type": "Answer", "text": "

The prodigious price tag hasnt deterred a buyerthe mansion is in contingent sale status. 4508 Makena Rd, Kihei, HI. What Makes Diamond Head Special: 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. 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 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. Part of the mansion's lushly planted acreage is devoted to a working farm of coconuts, bananas, white pineapple and citrus trees. The bar starts at $16 million and goes up from there. The house is situated within a short walking distance from the Kohaniki Clubhouse. 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. It has a plantation model with a stretching green lawn and palm trees. Living in Hawaii is so expensive that more . 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. The Diamond Head Villa features two outdoor BBQs, a spa, two sun decks, and a private pool. 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. The housing figures become more understandable when you consider the high incomes enjoyed by Waimanalos 5,599 residents. Your email address will not be published. This house is extremely secure and is situated along a private street close to Kahala and Waikiki. Hilo Hilo is the largest city on the Island of Hawaii. Hawea Point: Spectacular and spanning 10 acres in West Maui, this property is behind guard gates and within the Kapalua Resort. This historic house is just a few meters from the ocean and offers a 360-degree view of Mauka and Makai. 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 six-bedroom main house was built in 2001. The master suite is more than 1,000 square feet and, in addition to the bedroom, has a living room and bar with the bath having both indoor and outdoor shower, lanai and large dressing room. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. 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 exquisite modern Tudor-style mansion has quite the price tag with a listed price of $175 million. Talk about a sweet deal! The average living wage in Maui County is $103,095 according to MIT data. Built in 2009, this 5 BD/6.5 BA 5,000+ SF home has Balinese, Hawaiian, and Asian flair. Currently the property holds a 3-bed home with 2,715 square feet of indoor-outdoor living space with a screened-in lanai and 55-foot . Hawaii Most Expensive Home Comes With a Secret Private BeachVisit Our Website for More Luxury Architecture: https://www.luxury-architecture.netHawaii's Most . Its known as the Raptor Residence, but the man behind this luxurious oceanfront estate is Michael Dell, the founder and CEO of Dell Inc. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. That would be the cost of a mansion in most other parts of the country, but its about par for the region. One note: We restricted this list to single parcels as defined by the county tax offices. Within the last few years the Garden Isle has become increasingly popular. The two guest pavilions feature king-sized beds, bar and refrigerator, full baths and lanais. 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. To spark island vibes, we started at the topas in the absolute pinnacle of Hawaiian real estate. 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. $2,400,000 Last Sold Price. 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. While the competition was fierce, there can be only one number one most affordable to live in Hawaii for 2022. Antilia | Mumbai, India. 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. The cheapest housing market in Hawaii is Hickam Housing. This house is the most famous building by the award-winning architect Peter Vincent. The resort is a 3-story property featuring four and a half baths and has a wood shake roof. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. Kai Moena: Once owned by the Rothschild family, this nearly 1.5-acre piece of property includes 250 feet of white sandy 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. 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. This house looks out onto Kukios South Pond, and then onto the ocean. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. 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. Whether they are recently built or historical architectural marvels, you will surely fork out enormous cash for the following Hawaiian homes. 2015-2023 Chasing Chains, LLC. This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. The dollar amount listed for each house is the countys most recent assessment of its value, for tax purposes. Hawaii also has one of the nation's highest median incomes at $80,729 annually. 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. The luxe interiors of the eight-bedroom home give off an Indonesian vibe. No, were talking about luxurious locations with private beaches, lanais, infinity pools, tennis courts, and guest cottages for family and friends. As a result, the community ranks number 1.0 in the state in terms of its income-to-rent ratio.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'homesnacks_com-large-mobile-banner-2','ezslot_16',113,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-large-mobile-banner-2-0'); If you get tired of swimming, sun bathing, and hitting the links, you still have leisure-time options in Waimanalo. It comprises two residencies, and the main one has four bedrooms and four and a half baths. This 7 BD/8.5 BA home is over 8,000 SF and sits on a 36,000+ SF lot that is steps from the ocean. Honolulu. This oceanfront Kukio property grabs the No. After visiting the remote Hawaiian island of Lanai, the billionaire founder of Oracle loved the property so much . Hawaii itself is extremely expensive, with the state as a whole costing about 75% more than the national average. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. By definition, that implies Hilo ranks as the #645 most expensive place in the Aloha State. 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. 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. 1133 Ikena Cir, Honolulu, HI 96821 Price: $27,000,000 This luxury resort sits in harmony with the precious Hawaii Loa Ridge. Hilo, HI: 4 Read on to see which cities made the list. Known as Hale Palekaiko or House of Paradise, this beachfront estate sits on world-famous Kailua Beach, on Oahus East Side. All this paradise comes at a price, of course. 1.

"}}]}. Homes in Waihee-Waiehu go for about $572,900 and the mediant rent is $1,446/month. As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. With dark wood works, and modernized design, this is a one-of-a-kind residence that is steps away from the ocean. It borrows greatly from 18th-century French architecture and mixes it with a pinch of modern Mediterranean buildings. November 19, 2015 SOLD JUN 3, 2022. 9 Bay Dr, Lahaina, HI. This huge, 5-acre estate is the farthest north of all our Kona Coast propertiesits on the edge of the Mauna Kea Resort, next door to the old Lurline Roth estate. Found on the most expensive street in Hawaii, this eye-popping estate is the largest beach property in the area. Take a look at 10 of the world's most expensive houses below. Looking at other aspects of the economy, the median income stands at $77,448, while the unemployment rate hovers at 11.47%. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. Now state leaders are ready to start opening back up to visitors. The median price of homes in December 2021 was $1.06 million, a 22 percent increase . OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. In this villa, you can see the ocean raging waves straight from the living room. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Privacy is at the center of the villas main features as it has a green living wall surrounding the main entry points. . 61-779 Papailoa Road, Haleiwa (MLS# 201509388). Your Email address will be kept private, this form is secure and we never spam you. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. In most cases, the property details are also based on publicly available city and county data. Nature-lovers will definitely want to hit Akaka Falls State Park, while those with an interest in science or history will have a great day out at the Imiloa Astronomy Center. Leave your opinion here. Kailua. The iridescent tile pool and spa are a luxurious way to soak in the postcard-perfect ocean views beyond. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. Your email address will not be published. (There are no lots 2 and 3Dell combined three 1-acre parcels.) May we suggest a car dealership? That figure actually represents the fifth lowest mark in the state. SOLD JUN 3, 2022. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. You get 8 acres of privacy in the middle of a resort. 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. Hilo is a major tourist destination thanks to being the principal city on the Island of Hawaii. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. Waimea is located in the northern part of the Island of Hawaii. If that is not enough, it has a direct view of the coast, its sandy beaches, and the neighboring harbor. We assembled a similar list in 2005, limited to the City and County of Honolulu. Maintaining water features in arid Kona cant be easy.) 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). Update Privacy Preferences How Much Is Car Insurance in Virginia in 2023? 3 Beds. 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. Built and owned by former co-chief executive of Morgan Stanley's operations in the Asia-Pacific region, William H. Strong, the 11,708-square-foot house is made up of Balinese-style pavilions on a bluff overlooking the Pacific Ocean and Kilauea Lighthouse. Waimanalo, Hawaii, is located on the windward side of the island of Oahu. United States. Beaches, sun, and the pristine waters of the Pacific Ocean. Its owned by Helen and Charles Schwab. Weisel is a three-time world masters cycling champion. 3. Join the party! The property is a three-bedroom, two-baths house sitting on one acre.

"}}, {"@type": "Question", "name": "What is the cost of living in Hawaii? Labor Expenses Are High. Data is deemed reliable but is not guaranteed accurate by the MLS. Population: 7,236. 4200 Anini Vista Dr Unit D, Kilauea, HI. These days, hes also on the board of directors of Kratos, a federal defense and security contractor, as well as a laundry list of other public and private corporations. 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 Census American Community Survey 2016-2020, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. Homes, Take a half-hour drive through the middle of the island and youll arrive at Honolulu, the states capital and its biggest city. Here's where it all takes a left turn. The 15.33-acre property comes . This expensive state is the only one outside of North America, the only island state, and the only state in the tropics. The median rent in the area comes in at $1,327 per month. Not only is the average the highest, but for that price, you get a fairly small property (averaging 1,309 sq. Stacker compiled a list of zip codes with the most expensive homes in Hawaii using data from Zillow. It's also a standout architecturally. In fact, Ewa Gentry has the number 9.0 best home price-to-income ratio in the state. Becky Bracken covers celebrity and other notable real estate for Realtor.com. 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. For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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