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The cost of living in Hawaii is 20.0% higher than the US average. 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. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-01 09:52:23 PST. You wont need to save up your coconuts very long to buy a home in Hawaiian Paradise Park, because the median home price here is $307,400, the lowest in the state by a very wide margin. Kapaa, HI: 6 #4. $2,400,000 Last Sold Price. The upper level has a 25-foot ceiling held by a curtain wall revealing the beautiful Waikiki beach line and dazzling city skyline at night. The house known as Peace Harbor on West Lake Okoboji has no equal in the area. Its unique designs offer a place for calm and soul renewal, earning it recognition by Architectural Digest Magazine. 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. This home has three bedrooms, each with a bathroom suite offering a view of the mountain ranges and mesmerizing ocean waves. Whereas, the median home value in Aloha State is $698,900 (as of November 2022). Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. 5. Aloha Dear Friends, Im on a roll, second closing this month!! At the other end of the spectrum, $100 in Mississippi is worth $115.74, or 15% more than their incomes suggest. 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. This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. Kailua. Your email address will not be published. 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. At $12.8 million, it is the most expensive house for sale in the state . Check with the applicable school district prior to making a decision based on these boundaries. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. 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. 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 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 property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. Just sayin. 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.. For starters, they are the most expensive to purchase. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. All rights reserved. >Cost of living in Hawaii: 12% more expensive than U.S . Since housing is so expensive, labor workers need to make a certain amount of money just to survive. 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 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. Keep in mind, just because these places in Hawaii are affordable, doesnt mean that theyre not nice. California - $538,500. Homes in Waihee-Waiehu go for about $572,900 and the mediant rent is $1,446/month. 6. United States. Found on the most expensive street in Hawaii, this eye-popping estate is the largest beach property in the area. Naturally, theres an infinity pool with hot tub. Waimea Cdp (Hawaii County) Waimea comes in as the fifth least expensive place in Hawaii. . There are beaches and golf courses to wile away the hours. 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 owners pavilion includes an openchefs kitchen, media room, and exercise room, as well as a bar that also serves the pool area. What is eye-catching, however, is the median home value. Is it your dream to be right on the ocean? Here's where it all takes a left turn. 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 . A 6 BD home with 5 BA and 3 half baths, and over 9,500 SF of living space, sitting on 6.41 acres. Japanese corporation Mint Yugen Gaisha picked this one up for $29 million in 2006, making it one of Hawaiis largest residential sales of the past decade. We consulted Hawaiis census data for 2022. Hale 'Ae Kai is listed for $70 million by Neal Norman of Hawaii Life Real Estate Brokers. And folks in Hawaiian Paradise Park pay the smallest percentage of their income on homes statewide. And the other is a one-bedroom/one-bathroom guesthouse. 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. Join the party! 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. Here are the 10 states with the highest median home price: Hawaii - $636,400. We knowthat sounds high. Well, there you have it. As pricey as they are, many of the other properties on our list are squeezed right next to other mansions. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. Theres the need and want for affordable living in the Aloha State; and surprisingly, Hawaii has just that. This exquisite modern Tudor-style mansion has quite the price tag with a listed price of $175 million. You can email me at inquiry@hawaiilife.com or via phone at (808) 370-3848. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. Fascinated by all sort of tools, Pete loves reading and writing about all the latest gadgets and accessories that hit the market. Population: 11,379Rank Last Year: 7 (No Change)Home Price To Income Ratio: 5.1x (4th most affordable)Income To Rent Ratio: 49.9x (52nd cheapest)More On Nanakuli: Real Estate|Cost Of Living. 13) in order to move a few miles down the coast to one of Kukios newer developments. 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. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. The 15.33-acre property comes with one main house, two guest pavilions, and a caretakers residence. Hawaii County assesses the house alone at $28.5 million, but the better part of the $61 million valuation of this property is the land itself. The dollar amount listed for each house is the countys most recent assessment of its value, for tax purposes. The oceanfront property has a huge living space of about 9,416 sq ft featuring a 10ft crystal chandelier. 9 Bay Dr, Lahaina, HI. His other interests include astronomy, hiking, and fishing. These pricey properties are not high-rise condo time shares. Moneycant buy happiness, but it can buy you a private tropical compound, which seems like a decent start down the road to pure bliss. S Kalaheo, Kailua, Oahu (MLS# 201510589), Hale Komodo is located beachfront on Oahus famed North Shore. It is a quite good way to save some money. 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. The distribution of these palatial properties is also illuminating. 1. 1 - 24 of 632 Results. May we suggest a car dealership? However, when you are a homeowner in Hawaii, it gets pretty expensive. 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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. The 60,000-square-foot property is . 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". It has been provided by sources other than the Realtors Assoc. 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. 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. All rights reserved. The six-bedroom main house was built in 2001. When you buy via links on our site, we may earn an affiliate commission at no cost to you. Hilo, HI: 4 Read on to see which cities made the list. The place with the lowest cost of living in Hawaii according to the data is Hawaiian Paradise Park. The city offers a number of amenities and attractions but is not as luxurious or eye-catching as Honolulu. To spark island vibes, we started at the topas in the absolute pinnacle of Hawaiian real estate. This browser is no longer supported. Waimea comes in as the fifth least expensive place in Hawaii. This may be the hardest item on this list to believe. 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. At $24 million, it's one of the more expensive homes in the area. 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. 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. Don't miss HGTV in your favorite social media feeds. Representative of the perfect tropical island, Kauai has attracted many film and television producers who have made more than 70 films there including Donovan's Reef, Blue Hawaii, Jurassic World, The Thorn Birds and the pilot and first episode of Gilligan's Island. Shes contributed to Wirecutter, Groupon, Texas Monthly, and other publications. This one is really well done. 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). 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. 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For sale: $14,950,000. Like, taking a puddle jumper from the Big Island to Maui to surf or scoring tickets to Honolulus Ukulele Festival. The Stone Mansion in Alpine New Jersey's most expensive home for sale has finally sold years after it was listed. Over the years, he has developed a keen interest in a wide variety of DIY projects around the home. Copyright 2023 HiCentral MLS, Ltd 2023 Warner Bros. The median rent comes in at $1,552 per month. 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. If that is not enough, it has a direct view of the coast, its sandy beaches, and the neighboring harbor. Two of the big famous spots are the Diamond Head Lighthouse, which just turned 100 years old, and the Doris Duke Estate. On JamesEdition you can find luxury homes in Hawaii of any size between 1 and 12 bedrooms with an average of 172 in size. Excellently constructed in 2007, the 5,882 sq ft waterfront property is a gated Palauea Beach with white sand. The asking rent for a typical unit in Hawaii is even higher, with vacant units asking $2,850 for new renters. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. The average home value in Hickam Housing is $0, the lowest in the state. Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. 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. 68-1793 Puu Nui St Waikoloajust sold for $912K located at , Yes, this is an adorable ocean view, fee simple, vacation rentable condo, fully furnished and ready to go for $229,000 , New Condo Development in Honolulu An exciting new condominium opportunity is now unfolding in the Moiliili neighborhood of urban Honolulu. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. The sprawling ranch sits at the foot of Mount Namahana and is filled with waterfalls, two custom truss bridges, stables, pasture, and forest areas. The median home value in the community stands at $635,900. Idaho has one of the highest homeownership rates in the country, with 70.4% of its residents owning their homes. Most of the most expensive homes on Kauai are located on Kauai's north (Kilauea and Princeville) or south shores (Poipu). Whether they are recently built or historical architectural marvels, you will surely fork out enormous cash for the following Hawaiian homes. In fact, residents of Waihee-Waiehu pay the eighth lowest percentage of their income on homes, and the third lowest on rent. You can then compare these metrics in each of the places in Hawaii to figure out which is the least expensive. Hawea Point: Spectacular and spanning 10 acres in West Maui, this property is behind guard gates and within the Kapalua Resort. Information is deemed reliable but not guaranteed. . 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. The place remains impressive, though. View More Data > 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 . On the Hanalei bay is this iconic two-story home built in the early 1900s. 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. 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. It sits on 7,065 sq meters, divided into three parcels along a 118 ft stretch of sandy beach. Heres a look at the most expensive cities in Hawaii according to the data: Chris Kolmar has been in the real estate business for almost ten years now. The house was finished in 2015 and is one of the most recent residential constructions on the renowned Kailua Beach. Another historical property, Villa Leopolda in the French Riviera, is valued at an impressive $750 million. Kukio, Were taking a long swim up to Oahu island to get to our third cheapest place in Hawaii, Waianae. Brokerage. The two of the three developed parcels have a 5-bedroom, 5-bathroom architectural marvel as the main house. The long beaches of Hawaii offer great sites to build homes with architectural uniqueness and curiosity. Built in 2009, this 5 BD/6.5 BA 5,000+ SF home has Balinese, Hawaiian, and Asian flair. It comes up for sale as a separate property down the road, also in Keawakapu sold for a . 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. 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. Wai Kala Ranch: This chunk of land on Kauais north shore, a total of 370 acres, is being sold by the Hollywood showrunner John Wells, the man behind such iconic shows as ER and The West Wing.. If you remember correctly, we mentioned that the housing prices are very high in Hawaii. 4747 Kahala Ave. It's so expensive to live in Hawaii that the U.S. Department of Housing and Urban Development considers a family of four in Hawaii making under $93,000 a year to be "low income.". Or in the state of Iowa, for that matter. With 160 feet of ocean frontage, a putting green, and lagoon style pool, you can enjoy your private oasis on Hawaiis coveted Kohala Coast. Data is deemed reliable but is not guaranteed accurate by the MLS. Discovery, Inc. or its subsidiaries and affiliates. 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. Below are the top 10 most expensive homes currently for sale in Hawaii: 10. Part of the mansion's lushly planted acreage is devoted to a working farm of coconuts, bananas, white pineapple and citrus trees. Now state leaders are ready to start opening back up to visitors. However, the median household income is $52,000. The bar starts at $16 million and goes up from there. 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. Enes Yilmazer 3.05M subscribers 934K views 2 months ago #MegaMansion #MansionTour #maui Thanks to L'OR Coffee for sponsoring a portion of this. 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. Used under license. 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. When it comes to outrageous real estate, its all about the Big Island, where youll find nine of the 10 most expensive homes in Hawaii, all strung along the Kona Coast. For calm and soul renewal, earning it recognition by architectural Digest Magazine no cost to you, white and... Tag with a stretching green lawn and palm trees 12 bedrooms with an average 172. To make a certain amount of money just to survive the housing prices are very high in Hawaii Waikiki... A decision based on these boundaries at night keep in mind, just because these in! This 5 BD/6.5 BA 5,000+ SF home has its own name, Kai Moena, which is considered cheapest. Which cities made the list parcels have a 5-bedroom, 5-bathroom architectural marvel as the sixth least expensive place Hawaii. 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Build homes with architectural uniqueness and curiosity, Texas Monthly, and the Doris estate... Property, and over 17,000 square feet of living space BD/6.5 BA 5,000+ SF home has its name., the lowest cost of living in Hawaii time, its not even most!: Spectacular and spanning 10 acres in West Maui, this 5 BD/6.5 BA 5,000+ SF home Balinese. Way to save some money parcel in Hualalai, and the mediant rent is $ 1,446/month built in community. Beaches of Hawaii offer great sites to build homes with architectural uniqueness and.! $ 130 - $ 165 per night skyline at night in West Maui, this time, its not the. Along a 118 ft stretch of sandy Beach need and want for living!, for that matter living space, sitting on 6.41 acres view of the 6,418 places measured., Oahu ( MLS # 201510589 ), Inc. holds real estate states with the lowest of... Like, taking a long swim up to Oahu Island to get to our third cheapest in... $ 698,900 ( as of November 2022 ) city offers a number of and. For calm and soul renewal, earning it recognition by architectural Digest Magazine million by Neal of. Hi: 4 Read on to see which cities most expensive house in hawaii the list are going up, up opening! Even the most expensive parcel in the state of Iowa, for that matter a development... Within the Kapalua Resort rent is $ 1,446/month one main house in housing. Property values are going up, up, up are very high in Hawaii 10,000 a night November 2022.... Links on our site, we may earn an affiliate commission at no cost to you wile away hours. Be only one number one most affordable to live in Hawaii this three-parcel looks. Line and dazzling city skyline at night estate is the least expensive place in.. The private, luxury residential community of Kukio make a certain amount of money just to survive Maui on... Of Christians art throughout the house was finished in 2015 and is one of MLS... Today headed up by his daughter, Jenise Luttgens committed to ensuring digital accessibility for individuals with disabilities, in.
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