Kai Moena: Once owned by the Rothschild family, this nearly 1.5-acre piece of property includes 250 feet of white sandy beach. What county in Hawaii has the lowest cost of living? The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. Honolulu. What you are left with is a Cost of Living Index by taking the average rank of each of these metrics for each city. The two guest pavilionshaveking bedrooms, full bathrooms, andlanais. {"@context": "https://schema.org","@type": "FAQPage", "mainEntity": [{"@type": "Question", "name": "What county in Hawaii has the lowest cost of living? Overlooking the water just across the bay from the Mauna Lani Resort, this wedge-shaped Kona property belongs to Toyota Motor Sales USA. As you go through the entrance, a manicured lawn and pathways are revealed, coupled with outdoor lava rock showers. Waihee-Waiehu is located in the east coast of western Maui. The house known as Peace Harbor on West Lake Okoboji has no equal in the area. What To Know. Kailua. California - $538,500. Hawaii Most Expensive Home Comes With a Secret Private BeachVisit Our Website for More Luxury Architecture: https://www.luxury-architecture.netHawaii's Most . This is one of the few properties on our list that sold for less than its assessed value. (There are no lots 2 and 3Dell combined three 1-acre parcels.) And the median monthly rent is an affordable $1,069. Searching cheap houses for sale in Hawaii has never been easier on PropertyShark! This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. 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. 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. Kauai's 15-acre Hale 'Ae Kai estate, with postcard views of the ocean and private steps down to Secret Beach, is currently the most expensive house for sale in the state of Hawaii at $70 million. Please switch to a supported browser or download one of our Mobile Apps. Kauai's 15-acre Hale 'Ae Kai estate, with postcard views of the ocean and private steps down to Secret Beach, is currently the most expensive house for sale in the state of Hawaii at $70 million. We consulted Hawaiis census data for 2022. Hawea Point: Spectacular and spanning 10 acres in West Maui, this property is behind guard gates and within the Kapalua Resort. It sits on 7,065 sq meters, divided into three parcels along a 118 ft stretch of sandy beach. #luxuryhometour #ma. Population: 7,236. Its unique designs offer a place for calm and soul renewal, earning it recognition by Architectural Digest Magazine. of Maui and should not be relied upon without independent verification. This sleek Kona abode belongs to Sandra Kurtzig, who Entrepreneur Magazine called the first lady of computers. Kurtzig founded ASK Computer Systems out of her apartment in 1972, selling inventory-tracking and business-information software, and turned her tiny startup into a heavy hitter with 91 offices in 15 countries. With dark wood works, and modernized design, this is a one-of-a-kind residence that is steps away from the ocean. So without any dues let's check out the most expensive homes in Hawaii. The city offers a number of amenities and attractions but is not as luxurious or eye-catching as Honolulu. The average home value in Hawaii is $636,400, almost nan times higher than Hickam Housing. 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. Point at Anini Vista: Perched on a bluff above Kauais North Shore, this nearly 7-acre sanctuary is home to a huge compound of living spaces. Editors Note: We updated this article for 2022. Learn more. Hilo. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. 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. But dont worry: Waimanalo represents the number 8 most reasonable place to put down roots in Hawaii. It includes multilevel outdoor seating and living areas, including a covered lanai, dining space, and sprawling decks. For this reason, look for a house that is elevated on the island. It belongs to Carol Ann Bartz, the president and CEO of Internet service company Yahoo! There are multiple master suites, and many features accentuating the luxury of this property. 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. 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. Zillow, Inc. holds real estate brokerage licenses in multiple states. Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. And real estate developers have not disappointed in erecting building designs that define architectural eras to marvel and excite those few who are lucky to call these resorts home. 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. Please be nice. Kai Moena, "House of the Resting Sea," listed for $30 million, is the most expensive home currently available on O'ahu.

View More Data > Or in the state of Iowa, for that matter. Population: 21,541Rank Last Year: 18 (Up 12)Home Price To Income Ratio: 5.2x (7th most affordable)Income To Rent Ratio: 57.6x (35th cheapest)More On Kapolei: Real Estate|Cost Of Living. It had been remodeled as recently as 2004, when it was bought for that $15.2M in 2015. 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. The median rent comes in at $1,552 per month. Over 7 acres of land, and 1,000 feet of ocean frontage, with a 7 BD/7.5 BA 10,000 SF home. The six-bedroom main house was built in 2001. Kilauea, HI (realtor.com) 3. However, when you are a homeowner in Hawaii, it gets pretty expensive. And as far as bang for your buck goes, having the Ko Olina Lagoons in your backyard is a big plus. 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. 9 Bay Dr, Lahaina, HI Price: $37,500,000 Hawea Point: Spectacular and spanning 10 acres in West Maui, this. 1995-2016 Honolulu Board of REALTORS. Built in 1996, the turnkey eight-bedroom estate features over 12,000 square feet of indoor and outdoor living spaces. The median income of a Hawaii household is $83,173. A Balinese and Hawaii-inspired beachfront home in Keawakapu, Maui is on the market, listed at $38 million. It is a modern Diamond Head four-bedroom home with a perfect view of stunning Hawaiian sunsets. Whether they are recently built or historical architectural marvels, you will surely fork out enormous cash for the following Hawaiian homes. Hawaii. To spark island vibes, we started at the topas in the absolute pinnacle of Hawaiian real estate. He started the company in 1981 and its today headed up by his daughter, Jenise Luttgens. 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. Some of the most luxurious and breathtaking homes in the world are in Hawaii. 61-779 Papailoa Road, Haleiwa (MLS# 201509388). Black Rock: Also on Maui, this estate, built in 2000, is situated on just under an acre of beachfront property. How things have changed. Hawaii island is once again the most affordable option, while Oahu is by far the most expensive. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Mauna Lani Resort, Those who call Hawaii home . Nature-lovers will definitely want to hit Akaka Falls State Park, while those with an interest in science or history will have a great day out at the Imiloa Astronomy Center. 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. , Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such . 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. Over the years, he has developed a keen interest in a wide variety of DIY projects around the home. 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. The median income in Kahaluu-Keauhou comes in at $79,742 and the median home value is $647,000 for 2023. Just sayin. Whether youre looking for speed, style, or just pure driving pleasure, theres a. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. The sale price, which started out at $68 million in 2010 before it was . As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. The oceanfront property includes access to an 18-hole golf . If you want to own one of the top expensive homes in Hawaii, it helps to be in computers or investment banking. When you buy via links on our site, we may earn an affiliate commission at no cost to you. The publicly traded SalesForce has been lauded as one of BusinessWeeks Top 100 Most Innovative Companies. Zip codes are ranked by the Zillow Home Values . Here, the land definitely outweighs the house. This exquisite modern Tudor-style mansion has quite the price tag with a listed price of $175 million. The 72-2747 Uluweuweu Akau Pl, Kailua Kona house is considered the most expensive house in Hawaii which costs $45,000,000. 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. The median home price in Wailuku is $463,500, which is higher than the rest of the nation but still lower than the average price in Hawaii. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. So, want to know where you can afford to splurge on the Big Kahuna Burger and still be able to cover your cost of living in Hawaii? Its one of the older houses on our list, built in 1992, but has kept its value admirably, with an assessment of $14.7 million. Hawaii Island 720415 Kaupulehu Dr. Kailua Kona, HI 96740. For example, a studio on Oahu can range from $1,000 to more than $1,600 per month and that's not including utilities, which can be around $150 per month for one person. 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. The land is currently valued at $14.3 million. There are two guest cottages, a wine cellar, media room, office, pool, and spa. Featured properties may or may not be listed by the office/agent presenting this brochure. This expensive state is the only one outside of North America, the only island state, and the only state in the tropics. Its owned by Helen and Charles Schwab. Buyouts have been good for Roberts: Forbes ranked him No. It is casually referred to as Hale Palekaiko, meaning House of Paradise. 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. ", "acceptedAnswer": { "@type": "Answer", "text": "

Finally, you will get a poolside bar alongside a spa and a four-car parking space. All rights reserved. The house was finished in 2015 and is one of the most recent residential constructions on the renowned Kailua Beach. 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. It is on a 2,386 sq ft plot. SOLD JUN 3, 2022. The property has recently, as of 2016, undergone repair and maintenance on areas such as roofing, painting, heating, and electrical work. 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). 4747 Kahala Ave. And folks in Hawaiian Paradise Park pay the smallest percentage of their income on homes statewide. 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. There are beaches and golf courses to wile away the hours. The median income in the area comes in at an eye-popping $112,385.

"}}, {"@type": "Question", "name": "What is the cheapest housing market in Hawaii? 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. This propertys main structurecomprises four pavilions joined by open-air walkways, which allow you to enjoy the tropical breezes and surrounding lush landscaping. Ownership at Kukio includes membership only golf on an 18-hole Tom Fazio championship golf course, two clubhouses with private member only dining, sports complex, and an indoor/outdoor spa. 96779, HI, United States $40,975/sqft. Youll also find a pool, lanais, and barbecue area, all surrounded by ocean views. The average living wage in Maui County is $103,095 according to MIT data. Enjoy an exquisite two-story glass window view, a private pool, an all-service spa, a fully stocked gym, and an elevated dining place. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Kailua. Mountain View, Well, there you have it. In addition, a guest house with three and a half baths to go with the three bedrooms, on a 36,000 ft Lot. 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. 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. Owners Charles and Elizabeth Thieriot frequently rent the place out for extravagant vacationers. 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. 6. Grassy greens, sunny yellows, sky blues this space from HGTV Magazine is a force of nature. The .7-acre lot is assessed at $13.3 million. You can step into the front yard and dive into the pool for an in-house immersion. The most expensive regions in Hawaii, United States are: 96781, HI, United States $85,716/sqft. Kailua Kona, Leave your opinion here. 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. Charles Kip Thieriot, now retired, is a member of the prestigious family that founded and ran the San Francisco Chronicle, and was himself the president of Western Communications. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. You can email me at inquiry@hawaiilife.com or via phone at (808) 370-3848. Aloha Dear Friends, Im on a roll, second closing this month!! As pricey as they are, many of the other properties on our list are squeezed right next to other mansions. Here are the 10 states with the highest median home price: Hawaii - $636,400. With these high prices, it is hard for the people who have a bit less money to find a place to live. Without further ado, here are 17 things no one tells you about living in Hawaii, including the good and the bad. Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959. The two guest pavilions feature king-sized beds, bar and refrigerator, full baths and lanais. When the Strong family are not in residence, they lease the property as a vacation rental for $10,000 a night. 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. Meanwhile, the unemployment rate is a puny 3.47%. This property recently appeared on the market for the first time in more than 30 years. At $12.8 million, it is the most expensive house for sale in the state . See property outline below. See also Building Costs Per Square Foot in the State of Georgia, USA Copyright 2023 HiCentral MLS, Ltd Hey, it doesn't hurt to dream, right? 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. The average price of a budget hotel can range from $130 - $165 per night. 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. 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. 1. 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