At $24 million, it's one of the more expensive homes in the area. Naturally, theres an infinity pool with hot tub. Out of thetop 10 most expensive homes in the state that are currently on the MLS market, 5 are located on Kauai. The average price of a budget hotel can range from $130 - $165 per night. Kamuela, For more information on any of these listings, please contact Roni Marley, RB at 808.652.1006, Posted on Please be nice. It includes multilevel outdoor seating and living areas, including a covered lanai, dining space, and sprawling decks. An example of data being processed may be a unique identifier stored in a cookie. Located on the coveted Kohala Coast of Hawaii, this estate is one of the largest oceanfront properties for sale on the Big Island. 72-2747 Uluweuweu Akau Pl, Kailua Kona house was sold in December 2020. Another historical property, Villa Leopolda in the French Riviera, is valued at an impressive $750 million. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. The lower level has a media room, full bath, gym and a bar opening to a 1,600-square-foot pool and spa. The prodigious price tag hasnt deterred a buyerthe mansion is in contingent sale status. Moneycant buy happiness, but it can buy you a private tropical compound, which seems like a decent start down the road to pure bliss. Homes in Waihee-Waiehu go for about $572,900 and the mediant rent is $1,446/month. Here's the list of America's 10 most expensive states to live in: #1 HAWAII 2022 Cost of Living Score: 1 out of 50 points (Top States Grade: F) Consumer Price Index (May, Honolulu Area): UP. Although its right above one of the areas finest beaches, its secluded from the hubbub of nearby Waikiki. 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. In fact, Ewa Gentry has the number 9.0 best home price-to-income ratio in the state. The median home value in the community stands at $635,900. If you wish to report an issue or seek an accommodation, please let us know. Hawaii. If youre looking at the cost of living numbers in Hawaii, this is an accurate list of the most affordable places to live in Hawaii for 2022. 1. This property recently appeared on the market for the first time in more than 30 years. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 210 Naio Place Lahaina, HI, 96761 United States $16,000,000 4 Bedrooms 5 Bathrooms 4,720 Sq Ft. 1.03 Acre (s) Marketed By Island Sotheby's International Realty Video 4584 Makena Road Kihei, HI, 96753 United States $12,500,000 2 Bedrooms 4 Bathrooms 2,760 Sq Ft. 1.15 Acre (s) Marketed By Island Sotheby's International Realty Contract pending Come See the Beautiful Bali Hai Villa in Hawaii, Former NBA Coach Don Nelson Lists Stunning Hawaii Home for $15M. This propertys main structurecomprises four pavilions joined by open-air walkways, which allow you to enjoy the tropical breezes and surrounding lush landscaping. Enjoy the view. And its not hard to see why; Kapolei residents pay the seventh smallest proportion of their income on homes statewide. 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. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. 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 upper level has a 25-foot ceiling held by a curtain wall revealing the beautiful Waikiki beach line and dazzling city skyline at night. In 2016, two penthouses at Honolulu's Waiea. This is one of the few properties on our list that sold for less than its assessed value. Are Shipping Container Homes Legal In North Carolina? How did we determine the most affordable place in Hawaii? 6. Hawaii as a whole runs about 75% more expensive that the U.S. standard. The asking rent for a typical unit in Hawaii is even higher, with vacant units asking $2,850 for new renters. 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. The famous Shay Zak architects designed a majestic five-bedroom, five-and-a-half baths marvel to sit on Kohanaiki front row. Overlooking the water just across the bay from the Mauna Lani Resort, this wedge-shaped Kona property belongs to Toyota Motor Sales USA. November 19, 2015 We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Discovery, Inc. or its subsidiaries and affiliates. Here are the top ten most expensive homes currently available for purchase in Hawaii Kai Oahu, Hawaii . The most expensive listing in Hawaii is a part of the Kukio Golf and Beach Club, a private community on the west coast of the Big Island. Since housing is so expensive, labor workers need to make a certain amount of money just to survive. Kukio is a relatively recent development, an even more exclusive successor to the already spectacular Hualalai resort, next door, but it already figures prominently on this list. The home is now owned by Houston-based Fayez Sarofim. What is the cheapest housing market in Hawaii? From plantation towns to planned communities, Central Oahu has its share of secret spots, a bumper crop of bowling alleys and neighborhood eats. Census American Community Survey 2016-2020, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. Other features include 50-foot-long glass windows, a practice green, a barbecue area and a state-of-the-art audiovisual system, says local architect Toshi Suzuki, who designed the mauka side of the property in 2000. The interior is just amazing and wonderful. Waimea Cdp (Hawaii County) Waimea comes in as the fifth least expensive place in Hawaii. Villa Leopolda | Cote D'Azure, France. 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. Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. 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. Your email address will not be published. And for sure, you will be taken in by the infinity pool and spa area, all sitting on the 8,251 sq ft of luxury living. Featured properties may or may not be listed by the office/agent presenting this brochure. In Hawaii Kai the median sale price for homes on the market is about $1.5m, however, high-end properties can be listed at a much higher price point. Consisting of 10 separate parcels, this park-like estate is truly a private compound. 72-2747 Uluweuweu Akau Pl, Kailua Kona, HI. The top 10 most expensive homes for sale in the State of Hawaii (according to MLS). Searching cheap houses for sale in Hawaii has never been easier on PropertyShark! Hawaii Most Expensive Home Comes With a Secret Private BeachVisit Our Website for More Luxury Architecture: https://www.luxury-architecture.netHawaii's Most . WELCOME HAWAII PROPERTIES $41,900,000 7 bds 10 ba 6,645 sqft - House for sale 3D Tour 7505 Makena Rd, Kihei, HI 96753 WELCOME HAWAII PROPERTIES $33,900,000 7 bds 8 ba 10,500 sqft - House for sale 3D Tour 72-393 Kaupulehu Dr, Kailua Kona, HI 96740 COLDWELL BANKER ISLAND PROPERTIES - KONA $32,000,000 7 bds 9 ba 11,176 sqft - House for sale 10 Types of Delphinium Flower to Grow at Home (With Pictures). . In addition, a guest house with three and a half baths to go with the three bedrooms, on a 36,000 ft Lot. In one of the most anticipated series premieres in HGTVs new season lineup, home renovation star Alison Victoria heads to her home town of Chicago to restore vintage homes in the citys historic neighborhoods. Its currently being used as a short-term rental and comes with access to Kaanapali Resort amenities. 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 sprawling mansion also includes a spa, tatami room and commercial-grade kitchen thats five times bigger than a lot of restaurants in town, says Yamamoto. This historic house is just a few meters from the ocean and offers a 360-degree view of Mauka and Makai. If that is not enough, it has a direct view of the coast, its sandy beaches, and the neighboring harbor. DMCA Notice. The resort is a 3-story property featuring four and a half baths and has a wood shake roof. Hawaii is also one of a few US states to have once been an independent nation. Two of the big famous spots are the Diamond Head Lighthouse, which just turned 100 years old, and the Doris Duke Estate. 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. No, were talking about luxurious locations with private beaches, lanais, infinity pools, tennis courts, and guest cottages for family and friends. Kauai, With CEOs and celebritiesbeing some of the clientele purchasing property,the assembly of luxury homeowners is a list that continues to grow. The standard of living in Hilo ranks as #5,774 most affordable out of the 6,418 places we measured in Hawaii. Population: 13,192Rank Last Year: 4 (Up 1)Home Price To Income Ratio: 5.8x (15th most affordable)Income To Rent Ratio: 62.8x (46th cheapest)More On Waianae: Real Estate|Cost Of Living. Hanalei, Update Privacy Preferences Generally, the lowest housing costs are on the Big Island, which is considered the cheapest Hawaiian island to live on. For Sale, Built in 1996, the turnkey eight-bedroom estate features over 12,000 square feet of indoor and outdoor living spaces. This information is believed to be accurate. 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. Kukio, You can then compare these metrics in each of the places in Hawaii to figure out which is the least expensive. 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. Living in Hawaii is so expensive that more . If you remember correctly, we mentioned that the housing prices are very high in Hawaii. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. 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. Where are the most expensive houses in Hawaii? Whether they are recently built or historical architectural marvels, you will surely fork out enormous cash for the following Hawaiian homes. How Much Is Car Insurance in Virginia in 2023? Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. 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. All rights reserved. With Tourism Halted, Hawaii's Housing Market Takes a Big Hit. Becky Bracken covers celebrity and other notable real estate for Realtor.com. 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