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. Data is deemed reliable but is not guaranteed accurate by the MLS. Its owned by Helen and Charles Schwab. Two of the big famous spots are the Diamond Head Lighthouse, which just turned 100 years old, and the Doris Duke Estate. And folks in Hawaiian Paradise Park pay the smallest percentage of their income on homes statewide. Theres room for expansion, too; Toyota also owns the adjacent lot, which is assessed at $4.7 million. While the competition was fierce, there can be only one number one most affordable to live in Hawaii for 2022. This Wailea property, known as sandy surf, isnt used as a full-time residence. This luxurious property occupies just over one acre. 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.. 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. The farm manager/caretakers two-bedroom, two-bath residence is nearby and surrounding farmland acts as a barrier between the gated compound and other development. His other interests include astronomy, hiking, and fishing. We used data and science to determine which places in Hawaii go easy on your wallet. The county in Hawaii with the lowest cost of living is Maui County. OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. Hotels in Hawaii are very common, but unfortunately, they won't be the best for your budget. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. Maui County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Hawaii as a whole. Just sayin. Overlooking the water just across the bay from the Mauna Lani Resort, this wedge-shaped Kona property belongs to Toyota Motor Sales USA. This is one of the few properties on our list that sold for less than its assessed value. Although Kaneohe 's median home value of $627,500 is higher than the state average, its median household income - $81,907 - is well above the national average, making it an affordable option for many people. This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. Nearly every room includes a large picture window to take in the views, including vistas of Hawaiis classic turquoise surf, volcanic mountains, and the historic Kilauea lighthouse. Were pretty sure there isnt a bad place to put up a hut in Hawaii; but there are some places that are super expensive, so HomeSnacks thought that wed give you the ying to that yang and let you know the most affordable places in Hawaii for 2022. 5. Manage Settings All this paradise comes at a price, of course. Oftentimes near the ocean or overlooking the ocean. Take a half-hour drive through the middle of the island and youll arrive at Honolulu, the states capital and its biggest city. For starters, they are the most expensive to purchase. 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. Waimea comes in as the fifth least expensive place in Hawaii. With Tourism Halted, Hawaii's Housing Market Takes a Big Hit. In this video, we take a look Inside The MOST EXPENSIVE House in Hawaii, USA! 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. 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.. The 15.33-acre property comes with one main house, two guest pavilions, and a caretakers residence. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. As the only place on this list with a median rent under $1,000/month, Wainae is a great place to try Hawaii out to see if its right for you. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. 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. 6. You can step into the front yard and dive into the pool for an in-house immersion. Now when referring to sales prices for homes that are being purchased as opposed to rented, there is a similar pattern of costs. The lower level has a media room, full bath, gym and a bar opening to a 1,600-square-foot pool and spa. We incorporated elements of Christians art throughout the house, says architect Jeff Long. 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. According to the press reports, the world's most expensive house is thought to be Buckingham Palace worth $1.55 billion. Property owners are welcome to join the Kukio Golf & Beach Club, a private club with first-rate amenities located on the seaside. 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 property is a three-bedroom, two-baths house sitting on one acre. Chock-full of amenities, such as a huge kitchen, media room, pool, and spa, the home is built to serve both as a quiet, private retreat and a place to entertain family and friends. 4. But comparatively speaking, putting down roots in Ewa Gentry is relatively reasonable. He started the company in 1981 and its today headed up by his daughter, Jenise Luttgens. The home is now owned by Houston-based Fayez Sarofim. Homes For Sale New Homes Most Expensive Homes. May we suggest a car dealership? Constructed with wood-beamed vaulted ceilings, walls of glass and stone, it includes a two-story main pavilion, covered lanais and two guest pavilions with a total of four bedrooms and six-and-a-half baths. . It would be hard to find a more spectacular location for a dream home. It also caters to your automobiles with six parking areas and a beautiful driveway. 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. Over 7 acres of land, and 1,000 feet of ocean frontage, with a 7 BD/7.5 BA 10,000 SF home. Zip codes are ranked by the Zillow Home Values . [Click here for more information](/info/mls-disclaimers/#mls_726) Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. Waimanalo, Hawaii, is located on the windward side of the island of Oahu. Keauhou at Makena estate: Built in 2007, this nearly 6,000-square-foot home sits on 3 gated acres of lush tropical grounds, perched above Palauea Beach in Maui. The median income in the area comes in at an eye-popping $112,385. The prodigious price tag hasnt deterred a buyerthe mansion is in contingent sale status. This majestic home is a three-level suite house, and the rooftop gives access to every RITZ facility. Urban Honolulu, HI: 11 #2. There are multiple master suites, and many features accentuating the luxury of this property. It comes up for sale as a separate property down the road, also in Keawakapu sold for a . Can It Bounce Back? Stacker compiled a list of zip codes with the most expensive homes in Hawaii using data from Zillow. Another Oahu city and a neighbor of Ewa Beach, Kapolei ranks as the sixth least expensive place in Hawaii. 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 . There is plenty of land to add outdoor sports courts or additional buildings. A gated estate with 125 feet of beach frontage in Kailua, Hawaii, hit the market Thursday for $30.5 million, becoming one of the most expensive homes listed on the island of Oahu. . The average price of a budget hotel can range from $130 - $165 per night. Hawaii has the highest average rent in the United States at $2,399 a month. This magnificent 6 bedroom 6 1/2 bathroom with over 5,530 ft. of living space. S Kalaheo, Kailua, Oahu (MLS# 201510589), Hale Komodo is located beachfront on Oahus famed North Shore. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Hilo, HI: 4 Read on to see which cities made the list. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. That kept things simple, but meant overlooking a few fabulous estates that comprise multiple parcels, such as the 174-acre Tara Plantation on Kauai, which sold in 2009 for $28 million. This luxury resort sits in harmony with the precious Hawaii Loa Ridge. Average rents in Honolulu cost an average of $2,528. This browser is no longer supported. And that, folks, would be Hawaiian Paradise Park. Within the last few years the Garden Isle has become increasingly popular. On the Hanalei bay is this iconic two-story home built in the early 1900s. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. This house is the most famous building by the award-winning architect Peter Vincent. 5. Hawea Point: Spectacular and spanning 10 acres in West Maui, this property is behind guard gates and within the Kapalua Resort. In fact, there are only six Oahu properties on the entire list. >Cost of living in Hawaii: 12% more expensive than U.S . 1 - 24 of 632 Results. These pricey properties are not high-rise condo time shares. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. First, lets put that statement into context. Take a look at 10 of the world's most expensive houses below. 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 72-2747 Uluweuweu Akau Pl, Kailua Kona house is considered the most expensive house in Hawaii which costs $45,000,000. Out of the 10 homes on this list, only 2 have over 10 acres of land included in the sale. The 60,000-square-foot property is . This imposing four-bedroom house has a two-story living room, a fully furnished professional kitchen, and a five-story glass elevator. DMCA Notice. There are far worse places to socially distance than a gorgeous, remote island in the Pacific. Here are the most expensive homes currently for sale on each Hawaiian island (with the exception of Ni'ihau, which is privately owned, and Kaho'olawae, which is uninhabited). View More Data > We knowthat sounds high. Diamond Head: This gorgeous Oahu property is located at the end of a private street and right next to Doris Dukes famed Shangri La estate. It costs $34,000 more on average to construct a new home than to buy one. Homes, It has a plantation model with a stretching green lawn and palm trees. See Also:What Is the State Flower of Hawaii? Whereas, the median home value in Aloha State is $698,900 (as of November 2022). The oceanfront property includes access to an 18-hole golf . Yes, that Schwabfounder and chairman of the Charles Schwab Corp., and ranked by Forbes as the 50th richest person in the U.S., with a fortune totaling approximately $4.7 billion. The sprawling ranch sits at the foot of Mount Namahana and is filled with waterfalls, two custom truss bridges, stables, pasture, and forest areas. All rights reserved. This diamond of a property belongs to Bandel and Paula Carano. The iridescent tile pool and spa are a luxurious way to soak in the postcard-perfect ocean views beyond. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 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. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. The .7-acre lot is assessed at $13.3 million. The cheapest housing market in Hawaii is Hickam Housing. A Balinese and Hawaii-inspired beachfront home in Keawakapu, Maui is on the market, listed at $38 million. 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 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". Your Email address will be kept private, this form is secure and we never spam you. Known as Hale Palekaiko or House of Paradise, this beachfront estate sits on world-famous Kailua Beach, on Oahus East Side. Luxury, The two guest pavilions feature king-sized beds, bar and refrigerator, full baths and lanais. Enjoy the view. 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. If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. Mountain View, For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. 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. The resort is a 3-story property featuring four and a half baths and has a wood shake roof. The two of the three developed parcels have a 5-bedroom, 5-bathroom architectural marvel as the main house.
The county in Hawaii with the lowest cost of living is Maui County. What county in Hawaii has the lowest cost of living? Don't miss HGTV in your favorite social media feeds. 4200 Anini Vista Dr Unit D, Kilauea, HI. 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. Brokerage. Beachfront, 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.. 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. Buckingham Palace | London, UK. Found on the most expensive street in Hawaii, this eye-popping estate is the largest beach property in the area. 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. Originally built by former Kahala Hilton owner William Weinberg in 1988, the single-story Kahala home has the best of everything: it even had an underground gasoline tank installed in the front yard, so one can fuel cars right in the garage. We know its hard to believe, but there is more to Hawaii than sunshine, surfing, and beach days.
"}}, {"@type": "Question", "name": "What is the cheapest housing market in Hawaii? The median income of a Hawaii household is $83,173. Update Privacy Preferences 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. 4508 Makena Rd, Kihei, HI. Meet the Next Generation at Sing Cheong Yuan Bakery and Other Shops, Wo Fat Building in Chinatown Is Becoming a Chic Boutique Hotel, Sprucing Up the Neighborhood Around Aala Park, Remington Redo to Turn Former College into Downtown Hotel, The Liljestrand House: Honolulu's Mid-Century Architectural Gem, Where to Find Mochi and Other Sweet Treats for Girls Day in Honolulu, Why I Love the New Hapa Kauais Tonkotsu Ramen, Photos: 2023 Best Dentists in Hawaii Reception, The Top 5 Whiskey Drinks to Order at ELEVEN, The HDS Tooth Fairy is Coming Back to Kakaako, A Locals Guide to an Oahu Road Trip: Wahiaw to Salt Lake, Spring Fashion Feature: Proud Hawaiian Model Mahina Florence Inspires Murals, 10 Local Ocean-Friendly Restaurants on Oahu to Try Now. The Keahou has five bedrooms and four full baths in resort-style, perfect for entertaining family and friends. 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. 9 Bay Dr, Lahaina, HI Price: $37,500,000 Hawea Point: Spectacular and spanning 10 acres in West Maui, this. You can then compare these metrics in each of the places in Hawaii to figure out which is the least expensive. Zillow, Inc. holds real estate brokerage licenses in multiple states. Searching cheap houses for sale in Hawaii has never been easier on PropertyShark! You can download the data here. 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. We assembled a similar list in 2005, limited to the City and County of Honolulu. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaiis biggest residential transactions ever. Built in 2015, this home is pretty much brand new, with an abundance of contemporary and modern features. Well, there you have it. 96779, HI, United States $40,975/sqft. Keep in mind, just because these places in Hawaii are affordable, doesnt mean that theyre not nice.
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