Out of thetop 10 most expensive homes in the state that are currently on the MLS market, 5 are located on Kauai. Big Island, Since housing is so expensive, labor workers need to make a certain amount of money just to survive. ", "acceptedAnswer": { "@type": "Answer", "text": "

The cheapest housing market in Hawaii is Hickam Housing. All rights reserved. 3. Becky Bracken covers celebrity and other notable real estate for Realtor.com. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. This year has proven to be quite the year for sports cars. Yes, that Schwabfounder and chairman of the Charles Schwab Corp., and ranked by Forbes as the 50th richest person in the U.S., with a fortune totaling approximately $4.7 billion. The median income in Kahaluu-Keauhou comes in at $79,742 and the median home value is $647,000 for 2023. 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. The land is currently valued at $14.3 million. The interior is just amazing and wonderful. 96779, HI, United States $40,975/sqft. For Sale, We use data, analytics, and a sense of humor to determine quality of life for places across the nation. All this paradise comes at a price, of course. The entire property occupies 5,963 sq ft on a 17,942 ft lot. He sold his mansion on the Bluffs of Mauna Kea (No. Keep reading. While the competition was fierce, there can be only one number one most affordable to live in Hawaii for 2022. Whether youre looking for speed, style, or just pure driving pleasure, theres a. Hawaii is one of the most beautiful states in the US, and it has some amazing and most luxurious houses as well. The long beaches of Hawaii offer great sites to build homes with architectural uniqueness and curiosity. The median rent comes in at $1,552 per month. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Meanwhile, the unemployment rate is a puny 3.47%. When it comes to outrageous real estate, its all about the Big Island, where youll find nine of the 10 most expensive homes in Hawaii, all strung along the Kona Coast. The six-bedroom main house was built in 2001. 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. . 2023 Warner Bros. Take a half-hour drive through the middle of the island and youll arrive at Honolulu, the states capital and its biggest city. We knowthat sounds high. No, were talking about luxurious locations with private beaches, lanais, infinity pools, tennis courts, and guest cottages for family and friends. Can It Bounce Back? Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. Average rents in Honolulu cost an average of $2,528. 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. 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 Diamond Head Villa features two outdoor BBQs, a spa, two sun decks, and a private pool. His other interests include astronomy, hiking, and fishing. Copyright 2023 House Grail. At $12.8 million, it is the most expensive house for sale in the state . We and our partners use cookies to Store and/or access information on a device. The house, as sold, was built in 1985 and spread out over 18K sq ft. This house is the most famous building by the award-winning architect Peter Vincent. Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. The property is a three-bedroom, two-baths house sitting on one acre. 145 Kailuana Loop, Kailua, HI.

There are far worse places to socially distance than a gorgeous, remote island in the Pacific. 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. 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.

The cost of living in Hawaii is 20.0% higher than the US average. 72-2747 Uluweuweu Akau Pl, Kailua Kona house was sold in December 2020. This droolworthy collection of the 10 most expensive homes in Hawaii will have you swearing theres a faint whiff of coconut oil in the air. This estate is located on over 237 acres on Kauais North Shore. 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. 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. Nanakuli is located on the island Oahu, about a 40-minute drive down the coast from Honolulu, the state capital and its biggest city. 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 founded the San Francisco-based investment banking firm Thomas Weisel Partners Group. Waimanalo, Hawaii, is located on the windward side of the island of Oahu. The 15.33-acre property comes with one main house, two guest pavilions, and a caretakers residence. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. Built in 2009, this 5 BD/6.5 BA 5,000+ SF home has Balinese, Hawaiian, and Asian flair. Related: 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 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. What Makes Diamond Head Special: Metros with the most cities in the top 30 in Hawaii #1.

"}}]}. 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. Information is deemed reliable but not guaranteed. Ft. 5371 Oio Dr, Honolulu, HI 96821. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. The house was finished in 2015 and is one of the most recent residential constructions on the renowned Kailua Beach. 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. What is eye-catching, however, is the median home value. The median home value in the area sits at $392,800. Long-running horizontal windows cover the walls to give a clear view of the Hawaiian beach from multiple angles. 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. 2 most expensive house, for example, is officially owned by Kukio Limited. 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. Hawaii, Located on the coveted Kohala Coast of Hawaii, this estate is one of the largest oceanfront properties for sale on the Big Island. The median home price in Wailuku is $463,500, which is higher than the rest of the nation but still lower than the average price in Hawaii. The average home value in Hawaii is $636,400, almost nan times higher than Hickam Housing. 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 sprawling ranch sits at the foot of Mount Namahana and is filled with waterfalls, two custom truss bridges, stables, pasture, and forest areas. What To Know. 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. As pricey as they are, many of the other properties on our list are squeezed right next to other mansions. The most expensive regions in Hawaii, United States are: 96781, HI, United States $85,716/sqft. The house known as Peace Harbor on West Lake Okoboji has no equal in the area. 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. Whereas, the median home value in Aloha State is $698,900 (as of November 2022). Known as Hale Palekaiko or House of Paradise, this beachfront estate sits on world-famous Kailua Beach, on Oahus East Side. 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 . 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. Here are the ten most expensive homes for sale in Urban Honolulu right now. Stacker compiled a list of zip codes with the most expensive homes in Hawaii using data from Zillow. But comparatively speaking, putting down roots in Ewa Gentry is relatively reasonable. 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 resort is also close to a world-class shopping center. We know its hard to believe, but there is more to Hawaii than sunshine, surfing, and beach days. Listed for $70 million, the most expensive property in Hawaii is a sprawling Kilaueaestate situated atop a seaside bluff on the north side of the island of Kauai. Its known as the Raptor Residence, but the man behind this luxurious oceanfront estate is Michael Dell, the founder and CEO of Dell Inc. As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. Kai Moena, "House of the Resting Sea," listed for $30 million, is the most expensive home currently available on O'ahu. 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. All the more reason to snap up an offering like this 296 Gray Head mansion while you can. This incredible coastal house was built in 2004 and is located next to the famed Shangri La estate. 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. The .7-acre lot is assessed at $13.3 million. 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 Hanalei, Alabama's Most Expensive Home Is a Secluded Golf Retreat for $7M, Your Special Island? 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). Some of the most luxurious and breathtaking homes in the world are in Hawaii. Of those two properties (Number 9 and Number 2 on the list, respectively) only one of them sits on a bluff overlooking thePacific(Number2). Renting in Hawaii is much more expensive than most places on the mainland - and it all depends on location. 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. Hilo is a major tourist destination thanks to being the principal city on the Island of Hawaii. 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. If you require a reasonable accommodation to access our services, please contact us at (808) 732-3000 or email hbradmin@hicentral.com so we may better assist you. Here's where it all takes a left turn. However, when you are a homeowner in Hawaii, it gets pretty expensive. {"@context": "https://schema.org","@type": "FAQPage", "mainEntity": [{"@type": "Question", "name": "What county in Hawaii has the lowest cost of living? Learn more. North Shore, 72-2747 Uluweuweu Akau Pl, Kailua Kona ($37,000,000) 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. This is one of the few properties on our list that sold for less than its assessed value. View More Data > Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. You can download the data here. Waimea Cdp (Hawaii County) Waimea comes in as the fifth least expensive place in Hawaii. Oahu, 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. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. By definition, that implies Hilo ranks as the #645 most expensive place in the Aloha State. What is the cheapest housing market in Hawaii? The Dallas address listed for the tax bill, however, is the same as for Kitano Capital, which was incorporated by financier Ellis Short in 2007. The average home value in Hickam Housing is $0, the lowest in the state. The dollar amount listed for each house is the countys most recent assessment of its value, for tax purposes. Located on a little over an acre, this 3 BD/2.5 BA home is just steps from the Pacific Ocean. This estate is iconic, and has the old feel of open space and landscaping of plantation days. Photo: 360 Property Photos. Population: 7,236. Richard Rocker, the real estate agent who brokered the sale, says, I see a lot of fancy, expensive homes, and so many of them are just expensive. It belongs to Carol Ann Bartz, the president and CEO of Internet service company Yahoo! The 15.33-acre property. Now when referring to sales prices for homes that are being purchased as opposed to rented, there is a similar pattern of costs. 13) in order to move a few miles down the coast to one of Kukios newer developments. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. 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. See property outline below. Please switch to a supported browser or download one of our Mobile Apps. 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 county in Hawaii with the lowest cost of living is Maui County. Kilauea, North Shore, Kauai. The Aloha Spirit is all-encompassing. If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. Like, taking a puddle jumper from the Big Island to Maui to surf or scoring tickets to Honolulus Ukulele Festival. Buckingham Palace | London, UK. Hawaii Average House Price (Median Home Price) The value of an average median home is $860,000, making it the most expensive state. 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). Waimea Cdp ( Hawaii County ) waimea comes in as the # 645 most expensive homes in Pacific! Are in Hawaii using data from Zillow you want to own one of the Resting Sea at... Maui retreat has obviously inspired McCafferythe investment management firm of which he the! 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