The cheapest housing market in Hawaii is Hickam Housing. The house was finished in 2015 and is one of the most recent residential constructions on the renowned Kailua Beach. This year has proven to be quite the year for sports cars. 9 Bay Dr, Lahaina, HI Price: $37,500,000 Hawea Point: Spectacular and spanning 10 acres in West Maui, this. It is on a 2,386 sq ft plot. This property recently appeared on the market for the first time in more than 30 years. 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Becky Bracken covers celebrity and other notable real estate for Realtor.com. 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. And from snorkeling with the turtles at Makaha Beach to just chilling on the soft sand at Pokai Bay, were pretty sure money troubles wont be on your mind here. We knowthat sounds high. 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. 23). District of Columbia - $618,100. The house by the lighthouse is also where the head of the Coast Guard for Hawaii lives. $2,400,000 Last Sold Price. Brokerage. Mountain View, Get product recommendations from HGTV editors, plus cant-miss sales and deals. Zillow, Inc. holds real estate brokerage licenses in multiple states. 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. Its known as the Raptor Residence, but the man behind this luxurious oceanfront estate is Michael Dell, the founder and CEO of Dell Inc. AN ELITE CAFEMEDIA LIFESTYLE PUBLISHER. Enjoy the view. 4747 Kahala Ave. Within the last few years the Garden Isle has become increasingly popular. It also has an extended living space through the mahogany furnished doors. 85 on its 2009 list of the 400 richest Americans, with a net worth of $3.5 billion. The publicly traded SalesForce has been lauded as one of BusinessWeeks Top 100 Most Innovative Companies. Now state leaders are ready to start opening back up to visitors. Hawaii also has one of the nation's highest median incomes at $80,729 annually. Perched on Kauai's North Shore in Kilauea above Kalihiwai Bay, you can see 180 degrees, Namahana Mountains to Kalihiwai Valley and the ocean beyond. (Although when we flew over the property, the pond was all but empty. Information is deemed reliable but not guaranteed. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. House Grail is reader-supported. The median price of homes in December 2021 was $1.06 million, a 22 percent increase . 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. This luxury resort sits in harmony with the precious Hawaii Loa Ridge. You can then compare these metrics in each of the places in Hawaii to figure out which is the least expensive. Those who call Hawaii home . Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. The master bathroom includes an indoor-outdoor shower, double sinks, and a dressing area. The prodigious price tag hasnt deterred a buyerthe mansion is in contingent sale status. You get 8 acres of privacy in the middle of a resort. Well, there you have it. Naturally, theres an infinity pool with hot tub. 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. Whereas, the median home value in Aloha State is $698,900 (as of November 2022). 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. Were taking a long swim up to Oahu island to get to our third cheapest place in Hawaii, Waianae. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. It comes up for sale as a separate property down the road, also in Keawakapu sold for a . 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. There are two guest cottages, a wine cellar, media room, office, pool, and spa. This information is believed to be accurate. What To Know. This historic house is just a few meters from the ocean and offers a 360-degree view of Mauka and Makai. The estate is close to three Championship Golf Courses and a five-star Wailea hotel. The house, as sold, was built in 1985 and spread out over 18K sq ft. What county in Hawaii has the lowest cost of living? And about that neighbor: Zuckerberg made headlines in 2014 when he purchased a whopping 700 acres in Kilauea for $100 million as a vacation getaway. Join the party! The consent submitted will only be used for data processing originating from this website. Hilo Hilo is the largest city on the Island of Hawaii. This incredible coastal house was built in 2004 and is located next to the famed Shangri La estate. 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 15.33-acre property comes with one main house, two guest pavilions, and a caretakers residence. According to the press reports, the world's most expensive house is thought to be Buckingham Palace worth $1.55 billion. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-leader-2','ezslot_17',120,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-leader-2-0');With that example in mind, we derived several statistics from the latest Census American Community Survey 2016-2020 around incomes and costs. Your email address will not be published. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. There are beaches and golf courses to wile away the hours. You can't put a price on these beach views. The 9 Most Expensive Homes in Hawaii 1. DMCA Notice. 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. 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. Required fields are marked *. With Tourism Halted, Hawaii's Housing Market Takes a Big Hit. North Shore, Kauai. 2015-2023 Chasing Chains, LLC. The six-bedroom main house was built in 2001. The Faye property is the largest piece of property currently for sale oceanfront, on Hanalei Bay at 2.01 acres. The Keahou has five bedrooms and four full baths in resort-style, perfect for entertaining family and friends. # 201509388 ) located next to the famed Shangri La estate Michael Jackson Mel. Is once again the most affordable option, while Oahu is by far most! Editors, plus cant-miss sales and deals, sun, and a caretakers residence then compare these in... 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