What county in Hawaii has the lowest cost of living? 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 interior is just amazing and wonderful. Its unique designs offer a place for calm and soul renewal, earning it recognition by Architectural Digest Magazine. The average home value in Hawaii is $636,400, almost nan times higher than Hickam Housing. Whether youre looking for speed, style, or just pure driving pleasure, theres a. Grab a mai tai, cue the ukulele music, and scroll through this exquisite list of properties filled with the aloha spirit, with plenty left over to spare. We knowthat sounds high. 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. 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. 73-4746 Aukai Pl Kailua-Kona, HI 96740 $17,850,000 Another stunning property at Kohanaiki, listed by Carrie Nicholson. These houses are not only magnificent but also worth living in. 6. 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. The cost of living in Hawaii is 20.0% higher than the US average. Property ownershipis public information, but many of the billionaires and millionaires on our list have set up walls of privacy between themselves and the tax records. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. Copyright 2023 HiCentral MLS, Ltd The two guest pavilions feature king-sized beds, bar and refrigerator, full baths and lanais. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. The 15.33-acre property comes with one main house, two guest pavilions, and a caretakers residence. Youd have a tough time believing that youre living in one of the most expensive states in America if you just moved to Kapaa. November 19, 2015 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 The two guest pavilionshaveking bedrooms, full bathrooms, andlanais. This magnificent 6 bedroom 6 1/2 bathroom with over 5,530 ft. of living space. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. After visiting the remote Hawaiian island of Lanai, the billionaire founder of Oracle loved the property so much . 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. 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. View More Data > Well just keep on swimming west to the island of Kauai to reach Kapaa, the tenth most affordable place to call home in Hawaii. 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. This property recently appeared on the market for the first time in more than 30 years. It also caters to your automobiles with six parking areas and a beautiful driveway. 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. Urban Honolulu, HI: 11 #2. No, were talking about luxurious locations with private beaches, lanais, infinity pools, tennis courts, and guest cottages for family and friends. Sarofim, an Egyptian-born money manager who is known as the Sphinx, bought the house in 1999 for $15 million, and has since made extensive renovations to the aging Kahala Avenue property. Used under license. Waihee-Waiehu is located in the east coast of western Maui. As the founder of House Grail, Pete's primary goal is to help consumers make educated decisions about DIY projects at home, in the garage, and in the garden. A 6 BD home with 5 BA and 3 half baths, and over 9,500 SF of living space, sitting on 6.41 acres. We used data and science to determine which places in Hawaii go easy on your wallet. Short has been reported to be an extremely private person; hes managed to stay largely out of the spotlight as the president of Lone Star Funds, a global investment firm that manages private equity funds worth $24 billion, but not as owner of Sunderland A.F.C., a soccer team in England. Kailua. Its currently being used as a short-term rental and comes with access to Kaanapali Resort amenities. This luxury resort sits in harmony with the precious Hawaii Loa Ridge. Kailua is home to one of Oahu's most stunning beaches, and, surprisingly enough, it is one of the cheapest places to live in Hawaii. 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. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Moneycant buy happiness, but it can buy you a private tropical compound, which seems like a decent start down the road to pure bliss. The 9 Most Expensive Homes in Hawaii 1. Kukio, Get product recommendations from HGTV editors, plus cant-miss sales and deals. Your Email address will be kept private, this form is secure and we never spam you. This home has three bedrooms, each with a bathroom suite offering a view of the mountain ranges and mesmerizing ocean waves. This incredible coastal house was built in 2004 and is located next to the famed Shangri La estate. [Click here for more information](/info/mls-disclaimers/#mls_726) More importantly, if you choose to live in one of Hawaiis most affordable places, you will have plenty of extra money to do the fun things that Hawaii offers. You might spend more on housing, but you have more money overall to play with. The standard of living in Hilo ranks as #5,774 most affordable out of the 6,418 places we measured in Hawaii. Maintaining water features in arid Kona cant be easy.) Whereas, the median home value in Aloha State is $698,900 (as of November 2022). You can step into the front yard and dive into the pool for an in-house immersion. Hawea Point: Spectacular and spanning 10 acres in West Maui, this property is behind guard gates and within the Kapalua Resort. 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. 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. Looking at other aspects of the economy, the median income stands at $77,448, while the unemployment rate hovers at 11.47%. Privacy is at the center of the villas main features as it has a green living wall surrounding the main entry points. 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. The median income of a Hawaii household is $83,173.
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. For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA."}}, {"@type": "Question", "name": "What is the cost of living in Hawaii? The resort is also close to a world-class shopping center. And taking into account Kapaas median income of $92,571, residents pay the tenth smallest percentage of their salaries on rent statewide. The luxe interiors of the eight-bedroom home give off an Indonesian vibe. Like, taking a puddle jumper from the Big Island to Maui to surf or scoring tickets to Honolulus Ukulele Festival. Over the years, he has developed a keen interest in a wide variety of DIY projects around the home. The lower level has a media room, full bath, gym and a bar opening to a 1,600-square-foot pool and spa. Owners Charles and Elizabeth Thieriot frequently rent the place out for extravagant vacationers. Bartz has a long tech pedigree: When she purchased the property in 2006, she was working as president and CEO of Autodesk, a design software company, and has also worked at Sun Microsystems and Digital Equipment Corp. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Hilo. 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. Talk about a sweet deal! 2023 Warner Bros. The oceanfront property includes access to an 18-hole golf . This is our ninth time ranking the. This diamond of a property belongs to Bandel and Paula Carano. 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. $11,850,000 If you really want to see Hawaii, few houses make that "mansions" are better than this four-bedroom, 5,000-square-foot beauty. (Although when we flew over the property, the pond was all but empty. Even more importantly, with a median income of $95,667, Waimea residents enjoy the second best home price to income ratio in Hawaii. 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. District of Columbia - $618,100. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. 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. When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. Becky Bracken covers celebrity and other notable real estate for Realtor.com. It is on a 2,386 sq ft plot. Long-running horizontal windows cover the walls to give a clear view of the Hawaiian beach from multiple angles. Expanding the scope to all of Hawaii has raised the stakes considerably: While the top property in 2005 was assessed at $15.2 million, that number wouldnt even get you on the bottom rung of this years list. This Wailea property, known as sandy surf, isnt used as a full-time residence. Discovery, Inc. or its subsidiaries and affiliates. Click here to customize.) 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. It borrows greatly from 18th-century French architecture and mixes it with a pinch of modern Mediterranean buildings. NUMBER ONE 1118 Ala Moana Boulevard, GPH 36, Honolulu | MLS #:201612214 $36,000,000 5 bedrooms 5 full baths 1 half baths 10,076 sqft You can email me at inquiry@hawaiilife.com or via phone at (808) 370-3848. AN ELITE CAFEMEDIA LIFESTYLE PUBLISHER. The bar starts at $16 million and goes up from there. 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.
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