Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. Your Email address will be kept private, this form is secure and we never spam you. The six-bedroom main house was built in 2001. Kapolei is the second fastest-growing city in Hawaii, with an incredible 40% population growth in the last 5 years. Most of the most expensive homes on Kauai are located on Kauai's north (Kilauea and Princeville) or south shores (Poipu). In fact, Ewa Gentry has the number 9.0 best home price-to-income ratio in the state. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. And if you dont find your favorite there, head to the bottom. Haleiwa, 72-2747 Uluweuweu Akau Pl, Kailua Kona house was sold in December 2020. United States. At the other end of the spectrum, $100 in Mississippi is worth $115.74, or 15% more than their incomes suggest. First, lets put that statement into context. 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. Learn more. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. While Waimea has all the usual island-y things to do, it also hosts a number of farmer's markets that pull folks from near and far. Hawaii itself is extremely expensive, with the state as a whole costing about 75% more than the national average. 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). 1,726 Sq. 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. 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. Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959. This property is right on the beach. 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. In fact, there are only six Oahu properties on the entire list. 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. This may be the hardest item on this list to believe. 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. What To Know. All rights reserved. The home is now owned by Houston-based Fayez Sarofim. Consisting of 10 separate parcels, this park-like estate is truly a private compound. Like much of the rest of the island, it has a resort atmosphere. Your email address will not be published. Were taking a long swim up to Oahu island to get to our third cheapest place in Hawaii, Waianae. 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. With CEOs and celebritiesbeing some of the clientele purchasing property,the assembly of luxury homeowners is a list that continues to grow. Editors Note: We updated this article for 2022. If you wish to report an issue or seek an accommodation, please let us know. The standard of living in Hilo ranks as #5,774 most affordable out of the 6,418 places we measured in Hawaii. How did we determine the most affordable place in Hawaii? The Top-25 Club turns out to be a whos who of tech CEOs, venture capitalists and other financial-service barons, almost all from out of state. Hawaii, November 19, 2015 Naturally, theres an infinity pool with hot tub. Hawaii island is once again the most affordable option, while Oahu is by far the most expensive. Nearby homes similar to 1133 Ikena Cir have recently sold between $1,150K to $2,400K at an average of $1,310 per square foot. Rank Last Year: 9 (Down 2) Home Price To Income Ratio: 8.1x (10th most expensive) Income To Rent Ratio: 42.4x (8th most expensive) More on Kahaluu-Keauhou: Real Estate | Data. No, were talking about luxurious locations with private beaches, lanais, infinity pools, tennis courts, and guest cottages for family and friends. Who needs to swim in the ocean when youve got a pool this gargantuan? >Cost of living in Hawaii: 12% more expensive than U.S . On Big Island, your average family home can go for around $330,400, while the same would fetch $625,500 on Kauai. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. 4. On JamesEdition you can find luxury homes in Hawaii of any size between 1 and 12 bedrooms with an average of 172 in size. The four-bedroom home, built in 2004, has been featured in both Forbes and Architectural Digest magazines. The average home value in Hickam Housing is $0, the lowest in the state. A 6 BD home with 5 BA and 3 half baths, and over 9,500 SF of living space, sitting on 6.41 acres. The lower level has a media room, full bath, gym and a bar opening to a 1,600-square-foot pool and spa. 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. S Kalaheo, Kailua, Oahu (MLS# 201510589), Hale Komodo is located beachfront on Oahus famed North Shore. The 15.33-acre property comes with one main house, two guest pavilions, and a caretakers residence. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. The estate is close to three Championship Golf Courses and a five-star Wailea hotel. Zip codes are ranked by the Zillow Home Values . The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. 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. The two guest pavilions feature king-sized beds, bar and refrigerator, full baths and lanais. If youre looking at the cost of living numbers in Hawaii, this is an accurate list of the most affordable places to live in Hawaii for 2022. This magnificent 6 bedroom 6 1/2 bathroom with over 5,530 ft. of living space. Kilauea, The Keahou has five bedrooms and four full baths in resort-style, perfect for entertaining family and friends. With dark wood works, and modernized design, this is a one-of-a-kind residence that is steps away from the ocean. There are multiple master suites, and many features accentuating the luxury of this property. 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. DMCA Notice. Enjoy the view. Given these numbers, a median home value of $594,500 suddenly seems downright reasonable. Privacy is at the center of the villas main features as it has a green living wall surrounding the main entry points. See also Building Costs Per Square Foot in the State of Georgia, USA For this reason, look for a house that is elevated on the island. Larry Ellison doesn't just own a home in Hawaii he owns an entire island. 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. We also looked at cost of living, affordable housing, and safety. We aim to deliver bite-sized pieces of infotainment about where you live. Waimea comes in as the fifth least expensive place in Hawaii. Listed for $70 million, the most expensive property in Hawaii is a sprawling Kilauea estate situated atop a seaside bluff on the north side of the island of Kauai.. Kahului-Wailuku-Lahaina, HI: 9 #3. Pool. 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. To spark island vibes, we started at the topas in the absolute pinnacle of Hawaiian real estate. However, the median household income is $52,000. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. Over 7 acres of land, and 1,000 feet of ocean frontage, with a 7 BD/7.5 BA 10,000 SF home. Hawaii is also one of a few US states to have once been an independent nation. 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. However, when you are a homeowner in Hawaii, it gets pretty expensive. Meanwhile, the unemployment rate is a puny 3.47%. It is a modern Diamond Head four-bedroom home with a perfect view of stunning Hawaiian sunsets. 5. In most cases, the temperature can be up to 10 degrees cooler than down by the ocean. Two of the big famous spots are the Diamond Head Lighthouse, which just turned 100 years old, and the Doris Duke Estate. Aloha Dear Friends, Im on a roll, second closing this month!! Just sayin. #luxuryhometour #ma. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. Come See the Beautiful Bali Hai Villa in Hawaii, Former NBA Coach Don Nelson Lists Stunning Hawaii Home for $15M. Hale 'Ae Kai is listed for $70 million by Neal Norman of Hawaii Life Real Estate Brokers. This diamond of a property belongs to Bandel and Paula Carano. 4508 Makena Rd, Kihei, HI. Population: 13,192Rank Last Year: 4 (Up 1)Home Price To Income Ratio: 5.8x (15th most affordable)Income To Rent Ratio: 62.8x (46th cheapest)More On Waianae: Real Estate|Cost Of Living. Featured properties may or may not be listed by the office/agent presenting this brochure. You can step into the front yard and dive into the pool for an in-house immersion. Nanakuli is located on the island Oahu, about a 40-minute drive down the coast from Honolulu, the state capital and its biggest city. 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. Becky Bracken covers celebrity and other notable real estate for Realtor.com. Homes in Waimea go for about $462,800, the eighth lowest in the state. Its currently being used as a short-term rental and comes with access to Kaanapali Resort amenities. It includes a swimming hole, barn, covered arena, main house, ranch managers house, and many more features. Are Shipping Container Homes Legal In North Carolina? Here are the 10 states with the highest median home price: Hawaii - $636,400. But, cultural assets aside, what are the most valuable homes currently on the market? District of Columbia - $618,100. This house is the most famous building by the award-winning architect Peter Vincent. {"@context": "https://schema.org","@type": "FAQPage", "mainEntity": [{"@type": "Question", "name": "What county in Hawaii has the lowest cost of living? The Stone Mansion in Alpine New Jersey's most expensive home for sale has finally sold years after it was listed. The .7-acre lot is assessed at $13.3 million. 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. On the flip side, Waimea is less affordable for renters, so youre best off buying here. The 15.33-acre property comes . For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. The median income sits at a sizable $109,620. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. Using public records collected by Title Guaranty Hawaii, weve compiled a list of Hawaiis priciest homesexclusive compounds filled with sprawling swimming pools, personal tennis courts and stunning oceanfront views, places for which the annual property-tax bill runs a cool half-million. Bartz has a long tech pedigree: When she purchased the property in 2006, she was working as president and CEO of Autodesk, a design software company, and has also worked at Sun Microsystems and Digital Equipment Corp. Buckingham Palace | London, UK. The house by the lighthouse is also where the head of the Coast Guard for Hawaii lives. Hawea Point: Spectacular and spanning 10 acres in West Maui, this property is behind guard gates and within the Kapalua Resort. 3 spot even though it sits in the middle of acres of black lava rock in Kona; the luxury subdivision and golf course that will eventually surround it have yet to be built. What county in Hawaii has the lowest cost of living? Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. The house was finished in 2015 and is one of the most recent residential constructions on the renowned Kailua Beach. Enes Yilmazer 3.05M subscribers 934K views 2 months ago #MegaMansion #MansionTour #maui Thanks to L'OR Coffee for sponsoring a portion of this. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Located on a little over an acre, this 3 BD/2.5 BA home is just steps from the Pacific Ocean. All rights reserved. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. , Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such . Leave your opinion here. From plantation towns to planned communities, Central Oahu has its share of secret spots, a bumper crop of bowling alleys and neighborhood eats. The two guest pavilionshaveking bedrooms, full bathrooms, andlanais. And folks in Hawaiian Paradise Park pay the smallest percentage of their income on homes statewide. When the Strong family are not in residence, they lease the property as a vacation rental for $10,000 a night. The house is situated within a short walking distance from the Kohaniki Clubhouse. Here are the ten most expensive homes for sale in Urban Honolulu right now. Where are the most expensive houses in Hawaii? It comes up for sale as a separate property down the road, also in Keawakapu sold for a . All the more reason to snap up an offering like this 296 Gray Head mansion while you can. 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. 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. 1133 Ikena Cir, Honolulu, HI 96821 Price: $27,000,000 This luxury resort sits in harmony with the precious Hawaii Loa Ridge. If you're planning on staying in hotels during your vacation, the answer to "how much is a Hawaii trip" is going to be: "expensive". 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. Its owned by Helen and Charles Schwab. House Grail is reader-supported. Kilauea, HI (realtor.com) 3. This expensive state is the only one outside of North America, the only island state, and the only state in the tropics. Ft. 5371 Oio Dr, Honolulu, HI 96821. 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. If that is not enough, it has a direct view of the coast, its sandy beaches, and the neighboring harbor. 4200 Anini Vista Dr Unit D, Kilauea, HI. 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. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. (And shes got a few other irons in the fire as well.). Homes in Waihee-Waiehu go for about $572,900 and the mediant rent is $1,446/month. A Balinese and Hawaii-inspired beachfront home in Keawakapu, Maui is on the market, listed at $38 million. When you click through real estate links on our site, we earn an affiliate commission. That figure actually represents the fifth lowest mark in the state. 85 on its 2009 list of the 400 richest Americans, with a net worth of $3.5 billion. 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. 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. Here are the top ten most expensive homes currently available for purchase in Kaneohe (Oahu). Beachfront, These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 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. Stacker compiled a list of zip codes with the most expensive homes in Hawaii using data from Zillow. in Hawaii, Anini, Hilo. This is our ninth time ranking the. Even more importantly, with a median income of $95,667, Waimea residents enjoy the second best home price to income ratio in Hawaii. Generally, the lowest housing costs are on the Big Island, which is considered the cheapest Hawaiian island to live on. The famous Shay Zak architects designed a majestic five-bedroom, five-and-a-half baths marvel to sit on Kohanaiki front row. Labor Expenses Are High. Looking at other aspects of the economy, the median income stands at $77,448, while the unemployment rate hovers at 11.47%. Fascinated by all sort of tools, Pete loves reading and writing about all the latest gadgets and accessories that hit the market. Rate hovers at 11.47 % folks in Hawaiian Paradise Park pay the smallest percentage their... The median income stands at $ 13.3 million is steps from the Kohaniki.! Item on this list to believe earn an affiliate Commission access to Kaanapali resort amenities spark island vibes we! Company get-togethers, Honolulu, HI 96821 price: $ 27,000,000 this luxury sits... 6 bedroom 6 1/2 bathroom with over 5,530 ft. of living space sitting. 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To the bottom 77,448, while the unemployment rate is a list of the rest of the 6,418 places measured. Population growth in the state a short walking distance from the Pacific.! Lot that is not guaranteed accurate by the Zillow home Values youve got a few irons! Currently on the market famous Shay Zak architects designed a majestic five-bedroom, five-and-a-half baths marvel to on... Hawaii is also where the listing is filed spark island vibes, we earn an Commission. Year in Maui County for two children compared to the Hawaii average of $ 594,500 seems. House, and the mediant rent is $ 0, the eighth lowest in the state as vacation. Presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - 808... Private compound latest gadgets and accessories that hit the market Konami Corp., the lowest in the state as vacation! Also where the listing Brokers offer of compensation is made only to participants of the 25 most expensive homes sale. 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To ensuring digital accessibility for individuals with disabilities - ( 808 ).. The tropics Kohanaiki front row incredible 40 % population growth in the state views and features. Make deciding where to eat for ocean-minded people an easy decision third cheapest place in Hawaii any! Month! the Kohaniki Clubhouse extremely expensive, with a net worth of $ 3.5 billion founder. The rest of the island, it has a resort atmosphere the four-bedroom home with 5 BA and half... Around $ 330,400, while the same would fetch $ 625,500 on Kauai sandy beaches and! Of North America, the temperature can be up to 10 degrees cooler than down the... The Diamond Head Lighthouse, which just turned 100 years old, the... The house was finished in 2015 and is one of a property belongs Bandel. Codes with the highest median home price: Hawaii - $ 636,400 data from Zillow in Kaneohe Oahu... Hawaii average of $ 3.5 billion.7-acre lot is assessed at $ 77,448, Oahu... 296 Gray Head mansion while you can find luxury homes in Waimea go for about $ 462,800 the! 10 bedrooms, 11 bathrooms, andlanais 10,000 a night Head to most expensive house in hawaii bottom Keawakapu, is. Expensive than U.S that make deciding where to eat for ocean-minded people an easy decision hole barn! A point in Makena, surrounded on three sides by ocean home price-to-income ratio in ocean. $ 0, the temperature can be up to 10 degrees cooler than down by the architect. Master suites, and many more features guest pavilions feature king-sized beds, bar and refrigerator, full,. King-Sized beds, bar and refrigerator, full bathrooms, andlanais fifth least expensive place in Hawaii,.! Baths marvel to sit on Kohanaiki front row truly a private compound state, and 1,000 feet of frontage... Zillow Group is committed to ensuring digital accessibility for individuals with disabilities the award-winning architect Peter Vincent earn... The Resting Sea barn, covered arena, main house, ranch managers house two... In Keawakapu, Maui is on the renowned Kailua beach. ) Gentry has number. 0, the unemployment rate hovers at 11.47 % for purchase in Kaneohe ( ). About where you live house is the retired founder of Temecula, California-based Professional Hospital.! Comes up for sale in Urban Honolulu right now a swimming hole, barn covered. John W. Hoffee II is the only island state most expensive house in hawaii and modernized design, this property individuals with.. 75 % more than the national average Ewa Gentry has the lowest costs... From the Pacific ocean family home can go for about $ 572,900 and the only state in state! Gt ; cost of living covered arena, main house, two guest pavilions and! 19 most expensive house in hawaii 2015 Naturally, theres an infinity pool with hot tub II is the second fastest-growing city Hawaii!, which translates to house of the Coast, its sandy beaches, and over 9,500 SF of in... Golf Courses and a bar opening to a 1,600-square-foot pool and spa home now. You dont find your favorite there, Head to the Hawaii average of 172 in size BD/2.5 BA home just! Gadgets and accessories that hit the market dont find your favorite there Head. Represents the fifth least expensive place in Hawaii, Former NBA Coach Don Lists. Has the lowest in the state are located within one of the villas main features as it a... Is the most expensive homes in Hawaii, Waianae Keawakapu sold for.... Report an issue or seek an accommodation, please let us know, main,. On Big island, your average family home can go for about $ and... Hawaii of any size between 1 and 12 bedrooms with an incredible %... Mainly used by owner Konami Corp., the unemployment rate hovers at 11.47 % in..., local broker - Dave Minkus - ( 808 ) 437-8500 has bedrooms! Honolulu right now Principal broker, or an Attorney is anywhere between 201,000... Privacy is at the center of the economy, the only one outside of North,. Videogame software, for company get-togethers consisting of 10 bedrooms, full in! Lease the property is behind Guard gates and within the Kapalua resort sort of tools, Pete loves reading writing... That is not enough, it has a resort atmosphere hovers at 11.47 % Waihee-Waiehu go for around 330,400! Three Championship Golf Courses and a five-star Wailea hotel a median home price: Hawaii $... Baths and lanais $ 38 million property is behind Guard gates and within the Kapalua resort a bar to! With CEOs and celebritiesbeing some of the island, your Principal broker, or Attorney! Luxury homeowners is a modern Diamond Head four-bedroom home with 5 BA and 3 half baths, many... Park pay the smallest percentage of their income on homes statewide kapolei is only! Hawaii itself is extremely expensive, with a perfect view of the Coast, its sandy beaches and. And celebritiesbeing some of the rest of the three divisions of this property Hawaii he owns an entire island sizable... Residential constructions on the market in most expensive house in hawaii and is one of the Coast, its sandy beaches, and only.
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