See also Building Costs Per Square Foot in the State of Georgia, USA Here are the ten most expensive homes for sale in Urban Honolulu right now. 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. 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 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. Kailua Kona, 61-779 Papailoa Road, Haleiwa (MLS# 201509388). Enes Yilmazer 3.05M subscribers 934K views 2 months ago #MegaMansion #MansionTour #maui Thanks to L'OR Coffee for sponsoring a portion of this. Keep in mind, just because these places in Hawaii are affordable, doesnt mean that theyre not nice. This is our ninth time ranking the. 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. Kahului-Wailuku-Lahaina, HI: 9 #3. In most cases, the temperature can be up to 10 degrees cooler than down by the ocean. For more information on any of these listings, please contact Roni Marley, RB at 808.652.1006, Posted on 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. Nanakuli is located on the island Oahu, about a 40-minute drive down the coast from Honolulu, the state capital and its biggest city. These houses are not only magnificent but also worth living in. For sale: $14,950,000. 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. The median income sits at a sizable $109,620. Stacker compiled a list of zip codes with the most expensive homes in Hawaii using data from Zillow. Housing costs, defined as a blend of the average rent and average mortgage payment, are $21,264 per year in Maui County compared to $23,334 on average in Hawaii.
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. Excellently constructed in 2007, the 5,882 sq ft waterfront property is a gated Palauea Beach with white sand. Maintaining water features in arid Kona cant be easy.) Update Privacy Preferences Kai Moena: Once owned by the Rothschild family, this nearly 1.5-acre piece of property includes 250 feet of white sandy beach. Naturally, theres an infinity pool with hot tub. The sale price, which started out at $68 million in 2010 before it was . It is a modern Diamond Head four-bedroom home with a perfect view of stunning Hawaiian sunsets. Not only is the average the highest, but for that price, you get a fairly small property (averaging 1,309 sq. Hawaii, Kilauea, HI (realtor.com) 3. 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. (Although when we flew over the property, the pond was all but empty. 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. There are two guest cottages, a wine cellar, media room, office, pool, and spa. 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. 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 two of the three developed parcels have a 5-bedroom, 5-bathroom architectural marvel as the main house. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. The four-bedroom home, built in 2004, has been featured in both Forbes and Architectural Digest magazines. 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. The property integrates the newest home technology with a modern entertainment unit and electric car charging docks. The most expensive city on the list has a typical home value of $3,388,842 which is 272% higher than the state average of $910,349. However, these views come at a cost and drive the prices of properties in those areas sky high. Its owned by Helen and Charles Schwab. The average living wage in Maui County is $103,095 . However, the median household income is $52,000. 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. 96779, HI, United States $40,975/sqft. DMCA Notice. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. Diamond Head: This gorgeous Oahu property is located at the end of a private street and right next to Doris Dukes famed Shangri La estate. 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. This Wailea property, known as sandy surf, isnt used as a full-time residence. Hawaii also has one of the nation's highest median incomes at $80,729 annually. 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. Copyright 2023 House Grail. Can It Bounce Back? 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. Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. Population: 10,771Rank Last Year: 2 (Down 2)Home Price To Income Ratio: 5.3x (8th most affordable)Income To Rent Ratio: 75.4x (30th cheapest)More On Waihee-Waiehu: Real Estate|Cost Of Living. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. United States. Overlooking Kauai's North Shore - and beyond - from its position above Secret Beach, this 28-acre, four-parcel estate awaits new owners to take its swankiness to the next level. Hawaii is also one of a few US states to have once been an independent nation. If you want to own one of the top expensive homes in Hawaii, it helps to be in computers or investment banking. For example, if the median household earns $100,000 and spends $40,000 on housing its actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. The average home value in Hickam Housing is $0, the lowest in the state. Your email address will not be published. Finally, you will get a poolside bar alongside a spa and a four-car parking space. 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. And the median monthly rent is an affordable $1,069. 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. Kai Moena, "House of the Resting Sea," listed for $30 million, is the most expensive home currently available on O'ahu. There is plenty of land to add outdoor sports courts or additional buildings. In fact, Ewa Gentry has the number 9.0 best home price-to-income ratio in the state. 4508 Makena Rd, Kihei, HI. Not only is the home located near shopping, dining, and recreation of all sorts, the views are spectacular and offer a daily sunset over nearby Hanalei. Some of the most luxurious and breathtaking homes in the world are in Hawaii. Your email address will not be published. 9 Bay Dr, Lahaina, HI. The No. Required fields are marked *. The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. Its owned by George R. Roberts, the co-founder of a global leveraged buyout firm called Kohlberg Kravis Roberts & Co. (For an idea of how the business works, check out the 1990 book, later made into a movie, detailing his firms leveraged buyout of RJR Nabisco, entitled Barbarians at the Gate.) Continue with Recommended Cookies. You can find out more about him on LinkedIn or his website. A short drive from some of the worlds most beautiful beaches and surrounded by high-quality golf courses, life in the community might seem beyond reach. We incorporated elements of Christians art throughout the house, says architect Jeff Long. Or in the state of Iowa, for that matter. Mauna Lani Resort, Another historical property, Villa Leopolda in the French Riviera, is valued at an impressive $750 million. Waihee-Waiehu is located in the east coast of western Maui. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. He started the company in 1981 and its today headed up by his daughter, Jenise Luttgens. 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. Talk about a sweet deal! The bar starts at $16 million and goes up from there. Homes in Waihee-Waiehu go for about $572,900 and the mediant rent is $1,446/month. The Keahou has five bedrooms and four full baths in resort-style, perfect for entertaining family and friends. Homes, Kailua, 2015-2023 Chasing Chains, LLC. The median income in Kahaluu-Keauhou comes in at $79,742 and the median home value is $647,000 for 2023. Here's where it all takes a left turn. Fascinated by all sort of tools, Pete loves reading and writing about all the latest gadgets and accessories that hit the market. For more reading on life in Hilo, check out: This house looks out onto Kukios South Pond, and then onto the ocean. 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. When you click through real estate links on our site, we earn an affiliate commission. 72-2747 Uluweuweu Akau Pl, Kailua Kona, HI. Were pretty sure there isnt a bad place to put up a hut in Hawaii; but there are some places that are super expensive, so HomeSnacks thought that wed give you the ying to that yang and let you know the most affordable places in Hawaii for 2022. Two of the big famous spots are the Diamond Head Lighthouse, which just turned 100 years old, and the Doris Duke Estate. Ocean View, We use data, analytics, and a sense of humor to determine quality of life for places across the nation. 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. , Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such . Kailua. Rena Behar is a writer and editor living in Brooklyn. By definition, that implies Hilo ranks as the #645 most expensive place in the Aloha State. Who needs to swim in the ocean when youve got a pool this gargantuan? At the other end of the spectrum, $100 in Mississippi is worth $115.74, or 15% more than their incomes suggest. With Tourism Halted, Hawaii's Housing Market Takes a Big Hit. Ifwhats there isnt quite enough, theres room on the property to keep on building. 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. Long-running horizontal windows cover the walls to give a clear view of the Hawaiian beach from multiple angles. For starters, they are the most expensive to purchase. 72-2747 Uluweuweu Akau Pl, Kailua Kona ($37,000,000) Discovery, Inc. or its subsidiaries and affiliates. Are Shipping Container Homes Legal In North Carolina? Don't miss HGTV in your favorite social media feeds. And they get these natural wonders on the cheap. Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved Originally built by former Kahala Hilton owner William Weinberg in 1988, the single-story Kahala home has the best of everything: it even had an underground gasoline tank installed in the front yard, so one can fuel cars right in the garage. 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. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. 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. Information herein deemed reliable but not guaranteed. 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