The cheapest housing market in Hawaii is Hickam Housing. This diamond of a property belongs to Bandel and Paula Carano. Zip codes are ranked by the Zillow Home Values . The town represents the number 7 most affordable spot to live in the state. We assembled a similar list in 2005, limited to the City and County of Honolulu. You can find out more about him on LinkedIn or his website. The distribution of these palatial properties is also illuminating. Take a look at 10 of the world's most expensive houses below. This house is extremely secure and is situated along a private street close to Kahala and Waikiki. Keep in mind, just because these places in Hawaii are affordable, doesnt mean that theyre not nice. Were taking a long swim up to Oahu island to get to our third cheapest place in Hawaii, Waianae. These pricey properties are not high-rise condo time shares. 2590 Kauapea Road, Kilauea, Kauai (MLS# 286218). Oahu has some famously expensive neighborhoods, such as Kahala, Portlock and Lanikai, but they dont appear in the top 10 spots on our list. Here are the top ten most expensive homes currently available for purchase in Hawaii Kai Oahu, Hawaii .
"}}]}. It includes multilevel outdoor seating and living areas, including a covered lanai, dining space, and sprawling decks. Its known as the Raptor Residence, but the man behind this luxurious oceanfront estate is Michael Dell, the founder and CEO of Dell Inc. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Mauna Lani Resort, This house looks out onto Kukios South Pond, and then onto the ocean. Just sayin. Finally, you will get a poolside bar alongside a spa and a four-car parking space. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. Discovery, Inc. or its subsidiaries and affiliates. ", "acceptedAnswer": { "@type": "Answer", "text": "
If you want to own one of the top expensive homes in Hawaii, it helps to be in computers or investment banking. Editors Note: We updated this article for 2022. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. The six-bedroom main house was built in 2001. What is eye-catching, however, is the median home value. This oceanfront Kukio property grabs the No. At $12.8 million, it is the most expensive house for sale in the state . The Stone Mansion in Alpine New Jersey's most expensive home for sale has finally sold years after it was listed. Theres even a small farm on one corner of the lot, which grows palm, citrus, and coconut trees. All rights reserved. Manage Settings This incredible coastal house was built in 2004 and is located next to the famed Shangri La estate. Your email address will not be published. But dont worry: Waimanalo represents the number 8 most reasonable place to put down roots in Hawaii. Brokerage. We know its hard to believe, but there is more to Hawaii than sunshine, surfing, and beach days. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change.The cost of living in Hawaii is 20.0% higher than the US average. 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. 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. 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 knowthat sounds high. Hilo. It has a plantation model with a stretching green lawn and palm trees. The median home value in the community stands at $635,900. Under his management, the venture-capital company has invested, quite successfully, in tech-based startups; its portfolio includes a grab bag of up-and-comers in software, healthcare and computer technology. One note: We restricted this list to single parcels as defined by the county tax offices. This cost varies depending on the size, type, and location of the property. Built in 2015, this home is pretty much brand new, with an abundance of contemporary and modern features. The dollar amount listed for each house is the countys most recent assessment of its value, for tax purposes. Not only is the home located near shopping, dining, and recreation of all sorts, the views are spectacular and offer a daily sunset over nearby Hanalei. 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. Traditional Western elements meet contemporary style in this Jackson Hole homestead designed by Ward+Blake Architects and inspired by the water, trees and mountains that surround it. Part of the mansion's lushly planted acreage is devoted to a working farm of coconuts, bananas, white pineapple and citrus trees. Hawaii also has one of the nation's highest median incomes at $80,729 annually. The lighthouse is a true landmark and still functions as a beacon announcing many ships to Honolulu. 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 house was finished in 2015 and is one of the most recent residential constructions on the renowned Kailua Beach. The asking rent for a typical unit in Hawaii is even higher, with vacant units asking $2,850 for new renters. If you wish to report an issue or seek an accommodation, please let us know. Moreover, the resort faces the Rees Jones golf course and has numerous walkways to the beach. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-01 09:52:23 PST. 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. But, cultural assets aside, what are the most valuable homes currently on the market? 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. 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. The long beaches of Hawaii offer great sites to build homes with architectural uniqueness and curiosity. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. Excellently constructed in 2007, the 5,882 sq ft waterfront property is a gated Palauea Beach with white sand. Average rents in Honolulu cost an average of $2,528. 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. Hey, it doesn't hurt to dream, right? Click here to customize.) Kai Moena, "House of the Resting Sea," listed for $30 million, is the most expensive home currently available on O'ahu. $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. The luxe interiors of the eight-bedroom home give off an Indonesian vibe. If you remember correctly, we mentioned that the housing prices are very high in Hawaii. This property is right on the beach. We incorporated elements of Christians art throughout the house, says architect Jeff Long. The biggest city to make this list and the third biggest city in Hawaii, Hilo ranks as the second cheapest place to live in the state. Most Expensive States. 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. Those who call Hawaii home . Of those two properties (Number 9 and Number 2 on the list, respectively) only one of them sits on a bluff overlooking thePacific(Number2). The average home value in Hawaii is $636,400, almost nan times higher than Hickam Housing. Hawaii Most Expensive Home Comes With a Secret Private BeachVisit Our Website for More Luxury Architecture: https://www.luxury-architecture.netHawaii's Most . 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 Kahala area does offer some of Oahus choicest property, and this three-parcel lot looks like a prime development opportunity. This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. And the median monthly rent is an affordable $1,069. When you click through real estate links on our site, we earn an affiliate commission. However, these views come at a cost and drive the prices of properties in those areas sky high. Over the years, he has developed a keen interest in a wide variety of DIY projects around the home. You might spend more on housing, but you have more money overall to play with. The place with the lowest cost of living in Hawaii according to the data is Hawaiian Paradise Park. Waimea Cdp (Hawaii County) Waimea comes in as the fifth least expensive place 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. Participants of the lot, which started out at $ 635,900 automobiles with parking! He is the largest city on the property is a true landmark and still as! 8 most reasonable place to put down roots in Hawaii was bought for that $ in... Beautiful Waikiki beach line and dazzling city skyline at night the Rees Jones golf course has! 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