There are far worse places to socially distance than a gorgeous, remote island in the Pacific. This exquisite modern Tudor-style mansion has quite the price tag with a listed price of $175 million. May we suggest a car dealership? Hawaii is a magical place to live or visit, but if you're planning a move to these beautiful islands, there are a few things you should know. 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 Required fields are marked *. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. This house is extremely secure and is situated along a private street close to Kahala and Waikiki. Copyright 2023 HiCentral MLS, Ltd 3. 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. Using public records collected by Title Guaranty Hawaii, Top Most 10 compiled a list of Hawaii's expensive homesexclusive compounds filled with sprawling swimming pools, personal tennis courts and stunning oceanfront views, places for which the annual property-tax bill runs a . The sprawling mansion also includes a spa, tatami room and commercial-grade kitchen thats five times bigger than a lot of restaurants in town, says Yamamoto. . For Sale, This is our ninth time ranking the. $11,850,000 If you really want to see Hawaii, few houses make that "mansions" are better than this four-bedroom, 5,000-square-foot beauty. The median income of a Hawaii household is $83,173. Not Really. Average rents in Honolulu cost an average of $2,528. Out of the 50 American states, Hawaii is the 8th smallest in size and the 11th least populated, but the 13th most DENSELY populated, with 1.4 . New Orleans real estate market gets a spotlight in the new HGTV series Selling the Big Easy.'. The resort is also close to a world-class shopping center. The median home value in the community stands at $635,900. All the more reason to snap up an offering like this 296 Gray Head mansion while you can. California - $538,500. 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. 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. Keep in mind, just because these places in Hawaii are affordable, doesnt mean that theyre not nice. 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. Kilauea, Discovery, Inc. or its subsidiaries and affiliates. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Census American Community Survey 2016-2020, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). It is a modern Diamond Head four-bedroom home with a perfect view of stunning Hawaiian sunsets. The six-bedroom main house was built in 2001. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. The master bathroom includes an indoor-outdoor shower, double sinks, and a dressing area. Featured properties may or may not be listed by the office/agent presenting this brochure. The owners pavilion includes an openchefs kitchen, media room, and exercise room, as well as a bar that also serves the pool area. All rights reserved. Kailua is home to one of Oahu's most stunning beaches, and, surprisingly enough, it is one of the cheapest places to live in Hawaii. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaiis biggest residential transactions ever. Privacy is at the center of the villas main features as it has a green living wall surrounding the main entry points. 2590 Kauapea Road, Kilauea, Kauai (MLS# 286218). 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. It includes a swimming hole, barn, covered arena, main house, ranch managers house, and many more features. 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. The 72-2747 Uluweuweu Akau Pl, Kailua Kona house is considered the most expensive house in Hawaii which costs $45,000,000. Waimea comes in as the fifth least expensive place in Hawaii. 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The home has six bedrooms, over seven bathrooms, and nearly 9,000 square feet of space, which provides plenty of room to spread out across the lush, green grounds, which lead to a sparkling beach. It's also a standout architecturally. 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. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. And folks in Hawaiian Paradise Park pay the smallest percentage of their income on homes statewide. Generally, the lowest housing costs are on the Big Island, which is considered the cheapest Hawaiian island to live on. How Much Is Car Insurance in Virginia in 2023? This may be the hardest item on this list to believe. 73-4746 Aukai Pl Kailua-Kona, HI 96740 $17,850,000 Another stunning property at Kohanaiki, listed by Carrie Nicholson. The beaches in Hawaii make for some of the most serene waterfront views that any homeowner would be lucky to have. 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. If you do decide to settle down in Waianae, youre in luck, because it has the fourth cheapest homes in Hawaii. On the flip side, Waimea is less affordable for renters, so youre best off buying here. 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). 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. 1,726 Sq. Your Email address will be kept private, this form is secure and we never spam you. $1,150,000 Last Sold Price. For this reason, look for a house that is elevated on the island. Enes Yilmazer 3.05M subscribers 934K views 2 months ago #MegaMansion #MansionTour #maui Thanks to L'OR Coffee for sponsoring a portion of this. Located on the sunny Kona side of Hawaiis Big Island, this 6 BD/7.5 BA home sits on 1.3 acres within Kukio, an oceanfront private club. One seating area is mostly surrounded by windows in case you dont want to go outdoors but still want toenjoy the verdant landscape. 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.) 2015-2023 Chasing Chains, LLC. 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. 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. At $24 million, it's one of the more expensive homes in the area. The median price of homes in December 2021 was $1.06 million, a 22 percent increase . While Waimea has all the usual island-y things to do, it also hosts a number of farmers markets that pull folks from near and far. Pete has been working in the trades since high school, where he first developed a passion for woodworking. He started the company in 1981 and its today headed up by his daughter, Jenise Luttgens. 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. Population: 45,248Rank Last Year: 1 (Down 1)Home Price To Income Ratio: 5.2x (6th most affordable)Income To Rent Ratio: 59.9x (43rd cheapest)More On Hilo: Real Estate|Cost Of Living. Built in 2015, this home is pretty much brand new, with an abundance of contemporary and modern features. To be honest, many of our most affordable Hawaii places are on also on our best places to live in the Paradise of the Pacific. 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. It also has an extended living space through the mahogany furnished doors. Out of thetop 10 most expensive homes in the state that are currently on the MLS market, 5 are located on Kauai. Palauea Beach: Newly constructed in West Maui, this contemporary four-bedroom beach house, which comes fully furnished, includes a lanai, high ceilings, and custom craftsmanship throughout. It is on a 2,386 sq ft plot. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. Fascinated by all sort of tools, Pete loves reading and writing about all the latest gadgets and accessories that hit the market. A five-bedroom home is already on the property, with a one-bedroom guest cottage, but it appears the sellers are targeting a buyer who dreams even bigger. Asking price: $29,500,000. It has a plantation model with a stretching green lawn and palm trees. The average home value in Hickam Housing is $0, the lowest in the state. For more information on any of these listings, please contact Roni Marley, RB at 808.652.1006, Posted on 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. Is it your dream to be right on the ocean? Hawaii itself is extremely expensive, with the state as a whole costing about 75% more than the national average. And for sure, you will be taken in by the infinity pool and spa area, all sitting on the 8,251 sq ft of luxury living. The median income in the area comes in at an eye-popping $112,385. 2 most expensive house, for example, is officially owned by Kukio Limited. All rights reserved. When the Strong family are not in residence, they lease the property as a vacation rental for $10,000 a night. The property integrates the newest home technology with a modern entertainment unit and electric car charging docks. The standard of living in Hilo ranks as #5,774 most affordable out of the 6,418 places we measured in Hawaii. See Also:What Is the State Flower of Hawaii? Its owned by Hale O Aloha, which shares a mailing address with SalesForce Inc., a cloud-computing software company founded by Marc Benioff, a 30-year-veteran of the software industry. 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. The average price of a budget hotel can range from $130 - $165 per night. The 11,379 residents of the town can enjoy Nanakuli Beach Park or head inland to the Nanakuli Forest Preserve. Hawaii island is once again the most affordable option, while Oahu is by far the most expensive. However, when you are a homeowner in Hawaii, it gets pretty expensive. 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 . How did we determine the most affordable place in Hawaii? 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. ", "acceptedAnswer": { "@type": "Answer", "text": " 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. Maintaining water features in arid Kona cant be easy.) The two guest pavilionshaveking bedrooms, full bathrooms, andlanais. Youd have a tough time believing that youre living in one of the most expensive states in America if you just moved to Kapaa. The Diamond Head Villa features two outdoor BBQs, a spa, two sun decks, and a private pool. 1 - 24 of 632 Results. 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. According to the press reports, the world's most expensive house is thought to be Buckingham Palace worth $1.55 billion. 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. Kohala Coast, (There are no lots 2 and 3Dell combined three 1-acre parcels.) She got a lot for her money; although you cant see it in the photo, the house is twice as long as it is wide. There are beaches and golf courses to wile away the hours. Idaho has one of the highest homeownership rates in the country, with 70.4% of its residents owning their homes. 1. Larry Ellison doesn't just own a home in Hawaii he owns an entire island. November 19, 2015 You can find out more about him on LinkedIn or his website. Kailua Kona, Check with the applicable school district prior to making a decision based on these boundaries. 1133 Ikena Cir, Honolulu, HI 96821 Price: $27,000,000 This luxury resort sits in harmony with the precious Hawaii Loa Ridge. 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