The town represents the number 7 most affordable spot to live in the state. Were taking a long swim up to Oahu island to get to our third cheapest place in Hawaii, Waianae. At $12.8 million, it is the most expensive house for sale in the state . Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Leave your opinion here. 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. Homes in Waimea go for about $462,800, the eighth lowest in the state. With CEOs and celebritiesbeing some of the clientele purchasing property,the assembly of luxury homeowners is a list that continues to grow. Privacy Policy. The most expensive regions in Hawaii, United States are: 96781, HI, United States $85,716/sqft. 2590 Kauapea Road, Kilauea, Kauai (MLS# 286218). Oceanfront, What is the cheapest housing market in Hawaii? These pricey properties are not high-rise condo time shares. Homes For Sale New Homes Most Expensive Homes. 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. Homes, This oceanfront Kukio property grabs the No. First, lets put that statement into context. The interior is just amazing and wonderful. Below are the top 10 most expensive homes currently for sale in Hawaii: 10. The owner of this lavish Kona estate is, to our knowledge, the only one to have owned two of the houses on this list (even if it wasnt simultaneously). The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. >Cost of living in Hawaii: 12% more expensive than U.S . The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. Representative of the perfect tropical island, Kauai has attracted many film and television producers who have made more than 70 films there including Donovan's Reef, Blue Hawaii, Jurassic World, The Thorn Birds and the pilot and first episode of Gilligan's Island.

"}}, {"@type": "Question", "name": "What is the cheapest housing market in Hawaii? 68-1793 Puu Nui St Waikoloajust sold for $912K located at , Yes, this is an adorable ocean view, fee simple, vacation rentable condo, fully furnished and ready to go for $229,000 , New Condo Development in Honolulu An exciting new condominium opportunity is now unfolding in the Moiliili neighborhood of urban Honolulu. Here are our top picks for Hawaii residents on a budget: 1. Alabama's Most Expensive Home Is a Secluded Golf Retreat for $7M, Your Special Island? Hawaii Most Expensive Home Comes With a Secret Private BeachVisit Our Website for More Luxury Architecture: https://www.luxury-architecture.netHawaii's Most . 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 California - $538,500. Its owned by George R. Roberts, the co-founder of a global leveraged buyout firm called Kohlberg Kravis Roberts & Co. (For an idea of how the business works, check out the 1990 book, later made into a movie, detailing his firms leveraged buyout of RJR Nabisco, entitled Barbarians at the Gate.) 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). 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. The top 10 most expensive homes for sale in the State of Hawaii (according to MLS). We knowthat sounds high. Information herein deemed reliable but not guaranteed. The six-bedroom main house was built in 2001. (There are no lots 2 and 3Dell combined three 1-acre parcels.) 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. The luxe interiors of the eight-bedroom home give off an Indonesian vibe. Of the eight main islands, Niihau, Kauai, Oahu, Maui, Molokai, Lanai, Kahoolawe and the Big Island of Hawaii, Kauai has always attracted people who enjoy lush vegetation, organic foods and hiking through the Moloaa Forest Reserve. Hanalei, Point at Anini Vista: Perched on a bluff above Kauais North Shore, this nearly 7-acre sanctuary is home to a huge compound of living spaces. Most Expensive States. And as far as bang for your buck goes, having the Ko Olina Lagoons in your backyard is a big plus. 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 two guest pavilionshaveking bedrooms, full bathrooms, andlanais. 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. The only thing Hawaiian Paradise Park doesnt have going for it is affordable rent, which keeps it from a higher position on this list. Hawaii Average House Price (Median Home Price) The value of an average median home is $860,000, making it the most expensive state. Surprising? What Makes Diamond Head Special: The lighthouse is a true landmark and still functions as a beacon announcing many ships to Honolulu. 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. Renting in Hawaii is much more expensive than most places on the mainland - and it all depends on location. One note: We restricted this list to single parcels as defined by the county tax offices. Maintaining water features in arid Kona cant be easy.) Hawaii itself is extremely expensive, with the state as a whole costing about 75% more than the national average. Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners. 145 Kailuana Loop, Kailua, HI. Kailua. It costs $34,000 more on average to construct a new home than to buy one. 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. See Also:What Is the State Flower of Hawaii? With dark wood works, and modernized design, this is a one-of-a-kind residence that is steps away from the ocean. The publicly traded SalesForce has been lauded as one of BusinessWeeks Top 100 Most Innovative Companies. [Click here for more information](/info/mls-disclaimers/#mls_726) For awesome views of Mount Waialeale and jungle valleys, definitely check out the Kuilau Ridge Trail in Kapaa.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'homesnacks_com-leader-4','ezslot_19',115,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-leader-4-0'); Population: 9,961Rank Last Year: 6 (Down 4)Home Price To Income Ratio: 6.2x (2most affordable)Income To Rent Ratio: 60.1x (17th cheapest)More On Kapaa: Real Estate|Cost Of Living. North Shore, The most expensive city on the list has a typical home value of $3,388,842 which is 272% higher than the state average of $910,349. Hilo is a major tourist destination thanks to being the principal city on the Island of Hawaii. With 160 feet of ocean frontage, a putting green, and lagoon style pool, you can enjoy your private oasis on Hawaiis coveted Kohala Coast. 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. The lower level has a media room, full bath, gym and a bar opening to a 1,600-square-foot pool and spa. 1,726 Sq. Kauai, alternatively known as the Garden Isle, is geologically the oldest of the chain of main Hawaiian islands. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-01 09:52:23 PST. The master bathroom includes an indoor-outdoor shower, double sinks, and a dressing area. Given these numbers, a median home value of $594,500 suddenly seems downright reasonable. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_1',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');And if you already knew these places were cheap, check out some more reading about Hawaii and the cheapest places in the country: We finish our list of cheapest places to live in Hawaii in Hawaiian Paradise Park. Used under license. 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. ", "acceptedAnswer": { "@type": "Answer", "text": "

SOLD JUN 3, 2022. 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 . Kilauea, HI (realtor.com) 3. According to MIT, the required living wage for a family of four with two working parents in Hawaii is $107,702 vs the national average for a family of four with two working parents of $89,744. While those numbers may seem a tad high, keep in mind that the median income in Waihee-Waiehu is $109,077, so residents have plenty of cash leftover after housing is paid for. 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. 4. Just sayin. Like, taking a puddle jumper from the Big Island to Maui to surf or scoring tickets to Honolulus Ukulele Festival. 68-1029 Pauoa Way, Kohala, Hawaii $18,950,000 Located within Pauoa Beach, at the Mauna Lani Resort (a gated community), is this beautiful 5 BD/5.5 BA, 7,000+ SF house. 9 Bay Dr, Lahaina, HI Price: $37,500,000 Hawea Point: Spectacular and spanning 10 acres in West Maui, this. Population: 26,358Rank Last Year: 8 (Down 1)Home Price To Income Ratio: 5.3x (9th most affordable)Income To Rent Ratio: 57.2x (18th cheapest)More On Ewa Gentry: Real Estate|Cost Of Living. Meanwhile, the pandemic has created a "seesaw effect" on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. 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. Owners Charles and Elizabeth Thieriot frequently rent the place out for extravagant vacationers. Pete has been working in the trades since high school, where he first developed a passion for woodworking.

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