The two of the three developed parcels have a 5-bedroom, 5-bathroom architectural marvel as the main house. All rights reserved. But this is Hawaii, where property is expensive. 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.

The county in Hawaii with the lowest cost of living is Maui County. 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 new buyers could potentially add more homes, athletic courts, pools, or whatever else their imaginations may come up with in this tropical paradise. 5. It includes multilevel outdoor seating and living areas, including a covered lanai, dining space, and sprawling decks. 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. 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. With these high prices, it is hard for the people who have a bit less money to find a place to live. Waimea Cdp (Hawaii County) Waimea comes in as the fifth least expensive place in Hawaii. Editors Note: We updated this article for 2022. Aloha Dear Friends, Im on a roll, second closing this month!! The Diamond Head Villa features two outdoor BBQs, a spa, two sun decks, and a private pool. Expanding the scope to all of Hawaii has raised the stakes considerably: While the top property in 2005 was assessed at $15.2 million, that number wouldnt even get you on the bottom rung of this years list. This exquisite modern Tudor-style mansion has quite the price tag with a listed price of $175 million. The most expensive regions in Hawaii, United States are: 96781, HI, United States $85,716/sqft. You can't put a price on these beach views. With 160 feet of ocean frontage, a putting green, and lagoon style pool, you can enjoy your private oasis on Hawaiis coveted Kohala Coast. It has bent the curve and kept COVID-19 cases relatively low. 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. Perhaps its time for mainlanders to consider a move, whether short-term or permanent. Hawaii Island 720415 Kaupulehu Dr. Kailua Kona, HI 96740.

"}}, {"@type": "Question", "name": "What is the cheapest housing market in Hawaii? The two guest pavilionshaveking bedrooms, full bathrooms, andlanais. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. Theres room for expansion, too; Toyota also owns the adjacent lot, which is assessed at $4.7 million. Property ownershipis public information, but many of the billionaires and millionaires on our list have set up walls of privacy between themselves and the tax records. It had been remodeled as recently as 2004, when it was bought for that $15.2M in 2015. The house known as Peace Harbor on West Lake Okoboji has no equal in the area. This one is really well done. Copyright 2023 HiCentral MLS, Ltd Join the party! 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. When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. This diamond of a property belongs to Bandel and Paula Carano. 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. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. 9 Bay Dr, Lahaina, HI Price: $37,500,000 Hawea Point: Spectacular and spanning 10 acres in West Maui, this. Kukio, 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. 3 Beds. Hotels in Hawaii are very common, but unfortunately, they won't be the best for your budget. 85 on its 2009 list of the 400 richest Americans, with a net worth of $3.5 billion. We aim to deliver bite-sized pieces of infotainment about where you live. After visiting the remote Hawaiian island of Lanai, the billionaire founder of Oracle loved the property so much . Hawaii as a whole runs about 75% more expensive that the U.S. standard. This expensive state is the only one outside of North America, the only island state, and the only state in the tropics. 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. California - $538,500. However, when you are a homeowner in Hawaii, it gets pretty expensive. 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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. This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. High-end resort-quality amenities include a lagoon pool, tennis court, sauna, media rooms, and fitness facilities. For Sale, Hawaii island is once again the most affordable option, while Oahu is by far the most expensive. If you want to own one of the top expensive homes in Hawaii, it helps to be in computers or investment banking. Although its right above one of the areas finest beaches, its secluded from the hubbub of nearby Waikiki. 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. 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. The famous Shay Zak architects designed a majestic five-bedroom, five-and-a-half baths marvel to sit on Kohanaiki front row. Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. 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. This cost varies depending on the size, type, and location of the property. Oahu, Hale 'Ae Kai is listed for $70 million by Neal Norman of Hawaii Life Real Estate Brokers. This incredible coastal house was built in 2004 and is located next to the famed Shangri La estate. Honolulu. If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. But comparatively speaking, putting down roots in Ewa Gentry is relatively reasonable. The prodigious price tag hasnt deterred a buyerthe mansion is in contingent sale status. >Cost of living in Hawaii: 12% more expensive than U.S . John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. The owners pavilion includes an openchefs kitchen, media room, and exercise room, as well as a bar that also serves the pool area. Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959. , Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such . Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. We also looked at cost of living, affordable housing, and safety. It comes up for sale as a separate property down the road, also in Keawakapu sold for a . Hilo. 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 Pete has been working in the trades since high school, where he first developed a passion for woodworking. SOLD JUN 3, 2022. Below are the top 10 most expensive homes currently for sale in Hawaii: Located within Pauoa Beach, at the Mauna Lani Resort (a gated community), is this beautiful 5 BD/5.5 BA, 7,000+ SF house. Take a look at 10 of the world's most expensive houses below. Caranos Kukio house may look compact compared with many of the other Kona estates, but it packs a lot into the more-than- 14,000-square-foot interior: the house is valued at $18.2 million, almost five times as much as the land on which it sits. Kailua. 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. Whereas, the median home value in Aloha State is $698,900 (as of November 2022). Short has been reported to be an extremely private person; hes managed to stay largely out of the spotlight as the president of Lone Star Funds, a global investment firm that manages private equity funds worth $24 billion, but not as owner of Sunderland A.F.C., a soccer team in England. Data is deemed reliable but is not guaranteed accurate by the MLS. 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. For more reading on life in Hilo, check out: According to the press reports, the world's most expensive house is thought to be Buckingham Palace worth $1.55 billion. But, cultural assets aside, what are the most valuable homes currently on the market? Finally, you will get a poolside bar alongside a spa and a four-car parking space. The most expensive listing in Hawaii is a part of the Kukio Golf and Beach Club, a private community on the west coast of the Big Island. Artist Christian Riese Lassen is known for his paintings of vibrant oceanscapes and sparkling dolphins, and his Kapalua home is inspired by that Technicolor turquoise aesthetic. This browser is no longer supported. It is casually referred to as Hale Palekaiko, meaning House of Paradise. That would be the cost of a mansion in most other parts of the country, but its about par for the region. The median home value in the area sits at $392,800. Kahului-Wailuku-Lahaina, HI: 9 #3. To spark island vibes, we started at the topas in the absolute pinnacle of Hawaiian real estate. Enjoy the view. 1. Here's where it all takes a left turn. The Aloha Spirit is all-encompassing. The Kahala area does offer some of Oahus choicest property, and this three-parcel lot looks like a prime development opportunity. Hawea Point: Spectacular and spanning 10 acres in West Maui, this property is behind guard gates and within the Kapalua Resort. Maintaining water features in arid Kona cant be easy.) 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. 6. The median income sits at a sizable $109,620. The property is a three-bedroom, two-baths house sitting on one acre. 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. Or in the state of Iowa, for that matter. The property has recently, as of 2016, undergone repair and maintenance on areas such as roofing, painting, heating, and electrical work. The house was finished in 2015 and is one of the most recent residential constructions on the renowned Kailua Beach. This property is right on the beach. One of a series of affluent housing developments built on the western side of Pearl Harbor, Ewa Gentry, Hawaii, provides access to the good life. May we suggest a car dealership? 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 Located on the coveted Kohala Coast of Hawaii, this estate is one of the largest oceanfront properties for sale on the Big Island. Antilia | Mumbai, India. While the competition was fierce, there can be only one number one most affordable to live in Hawaii for 2022. The median rent in the area comes in at $1,327 per month. Its currently being used as a short-term rental and comes with access to Kaanapali Resort amenities.

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