Found on the most expensive street in Hawaii, this eye-popping estate is the largest beach property in the area. Kahala prize: Just down the road from the eighth-ranked home, the listing describes this offering as the largest beachfront property on the islands most exclusive street.. 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. It is a modern Diamond Head four-bedroom home with a perfect view of stunning Hawaiian sunsets. 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. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. When you buy via links on our site, we may earn an affiliate commission at no cost to you. In fact, there are only six Oahu properties on the entire list. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. For sale: $14,950,000. Excellently constructed in 2007, the 5,882 sq ft waterfront property is a gated Palauea Beach with white sand. What you are left with is a Cost of Living Index by taking the average rank of each of these metrics for each city. Ifwhats there isnt quite enough, theres room on the property to keep on building. 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. 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. The six-bedroom main house was built in 2001. 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. 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. Asking price: $29,500,000. This exquisite piece of architecture was designed by James Cheng, while Tony Ingaro did the interior decorations justice by bringing out its elaborate fixtures and finishes. Are Shipping Container Homes Legal In North Carolina? if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_1',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');And if you already knew these places were cheap, check out some more reading about Hawaii and the cheapest places in the country: We finish our list of cheapest places to live in Hawaii in Hawaiian Paradise Park. Hawaii is also one of a few US states to have once been an independent nation. See property outline below. The two most important things to think about when it comes to being able to afford if you can live comes down to: You need to understand your costs in the context of how much money you make. The iridescent tile pool and spa are a luxurious way to soak in the postcard-perfect ocean views beyond. To spark island vibes, we started at the topas in the absolute pinnacle of Hawaiian real estate. If you remember correctly, we mentioned that the housing prices are very high in Hawaii. 4. Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. Kauai, Hanalei, 4747 Kahala Ave (Kahala) - $15.2M. In most cases, the property details are also based on publicly available city and county data. . Copyright 2023 MLS Hawaii, Inc. All rights reserved. The Faye property is the largest piece of property currently for sale oceanfront, on Hanalei Bay at 2.01 acres. 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Photo: 360 Property Photos. Most Expensive States. With 360 degree views from mauka to makai, the price tag of this property speaks to the fact of the priceless location in Hanalei. The owner of this lavish Kona estate is, to our knowledge, the only one to have owned two of the houses on this list (even if it wasnt simultaneously). Discovery, Inc. or its subsidiaries and affiliates. 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. 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. But, cultural assets aside, what are the most valuable homes currently on the market? 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. For more reading on life in Hilo, check out: Surprising? Copyright 2016, Hawaii Information Service.
"}}, {"@type": "Question", "name": "What is the cheapest housing market in Hawaii? 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. 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. Take a half-hour drive through the middle of the island and youll arrive at Honolulu, the states capital and its biggest city. Enjoy an exquisite two-story glass window view, a private pool, an all-service spa, a fully stocked gym, and an elevated dining place. The average home value in Hawaii is $636,400, almost nan times higher than Hickam Housing. {"@context": "https://schema.org","@type": "FAQPage", "mainEntity": [{"@type": "Question", "name": "What county in Hawaii has the lowest cost of living? Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. Rocky A/Flickr. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. The median income of a Hawaii household is $83,173. 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. While the competition was fierce, there can be only one number one most affordable to live in Hawaii for 2022. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. More than half of the top 25 homes in Hawaii are located on the Kona Coast, and theyre all in private resort communitiesKukio, Mauna Lani, Mauna Kea and Hualalai. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. It has bent the curve and kept COVID-19 cases relatively low. In addition, a guest house with three and a half baths to go with the three bedrooms, on a 36,000 ft Lot. Hilo Hilo is the largest city on the Island of Hawaii. Hilo. At $24 million, it's one of the more expensive homes in the area. 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. As a result, the community ranks number 1.0 in the state in terms of its income-to-rent ratio.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'homesnacks_com-large-mobile-banner-2','ezslot_16',113,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-large-mobile-banner-2-0'); If you get tired of swimming, sun bathing, and hitting the links, you still have leisure-time options in Waimanalo. The house known as Peace Harbor on West Lake Okoboji has no equal in the area. District of Columbia - $618,100. Part of the mansion's lushly planted acreage is devoted to a working farm of coconuts, bananas, white pineapple and citrus trees. The famous Shay Zak architects designed a majestic five-bedroom, five-and-a-half baths marvel to sit on Kohanaiki front row. Owners Charles and Elizabeth Thieriot frequently rent the place out for extravagant vacationers. The master suite is more than 1,000 square feet and, in addition to the bedroom, has a living room and bar with the bath having both indoor and outdoor shower, lanai and large dressing room. Privacy Policy. There are multiple master suites, and many features accentuating the luxury of this property. What county in Hawaii has the lowest cost of living? One such example is Kahala - world renowned as the 'Beverly Hills of Hawaii.' Right next door is Diamond Head - another luxurious neighborhood offering wide open streets and a family friendly community at the base of the Diamond Head crater. ", "acceptedAnswer": { "@type": "Answer", "text": "
The median income in Kahaluu-Keauhou comes in at $79,742 and the median home value is $647,000 for 2023. 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. We also looked at cost of living, affordable housing, and safety. Villa Leopolda | Cote D'Azure, France. There is plenty of land to add outdoor sports courts or additional buildings. Update Privacy Preferences Music City's population and property values are going up, up, up. The current home on property is a little under 4,000 SF and was built in 1946 (and since renovated) and has 7 bedrooms and 4 baths. The Diamond Head Villa features two outdoor BBQs, a spa, two sun decks, and a private pool. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. For starters, the median rent in Kapaa is $1,541, well below the statewide average. The two guest pavilions feature king-sized beds, bar and refrigerator, full baths and lanais. That figure actually represents the fifth lowest mark in the state. Maui County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Hawaii as a whole. This estate is iconic, and has the old feel of open space and landscaping of plantation days. Over the years, he has developed a keen interest in a wide variety of DIY projects around the home. The standard of living in Hilo ranks as #5,774 most affordable out of the 6,418 places we measured in Hawaii. The six-bedroom main house was built in 2001. Larry Ellison doesn't just own a home in Hawaii he owns an entire island. However, these views come at a cost and drive the prices of properties in those areas sky high. 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 This house is extremely secure and is situated along a private street close to Kahala and Waikiki. This Wailea property, known as sandy surf, isnt used as a full-time residence. There are many gorgeous listings available in this area, but one of the most expensive homes currently available is Mylestone at Meadow Lane, located in Southampton, New York. Most of the most expensive homes on Kauai are located on Kauai's north (Kilauea and Princeville) or south shores (Poipu). If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. Kauai, alternatively known as the Garden Isle, is geologically the oldest of the chain of main Hawaiian islands. 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. 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. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. You can step into the front yard and dive into the pool for an in-house immersion. For starters, they are the most expensive to purchase. 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. The only thing Hawaiian Paradise Park doesnt have going for it is affordable rent, which keeps it from a higher position on this list. The owners pavilion includes an openchefs kitchen, media room, and exercise room, as well as a bar that also serves the pool area. 5. Nobody has this. The property is officially owned by Palekaiko Limited Partnership, the Montreal office of which is the same as the headquarters of Cirque du Soleil. Its unique designs offer a place for calm and soul renewal, earning it recognition by Architectural Digest Magazine. 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