May we suggest a car dealership? View More Data > To spark island vibes, we started at the topas in the absolute pinnacle of Hawaiian real estate. 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. 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. Meanwhile, the unemployment rate is a puny 3.47%. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. This is one of the few properties on our list that sold for less than its assessed value. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Youll also find a pool, lanais, and barbecue area, all surrounded by ocean views. The median income of a Hawaii household is $83,173.
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 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. Waihee-Waiehu is located in the east coast of western Maui. Oahu, It includes a swimming hole, barn, covered arena, main house, ranch managers house, and many more features. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. For this reason, look for a house that is elevated on the island. 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. In this villa, you can see the ocean raging waves straight from the living room. Without further ado, here are 17 things no one tells you about living in Hawaii, including the good and the bad. 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. Maui County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Hawaii as a whole. In fact, Ewa Gentry has the number 9.0 best home price-to-income ratio in the state. Now state leaders are ready to start opening back up to visitors. Homes in Waihee-Waiehu go for about $572,900 and the mediant rent is $1,446/month. It has a plantation model with a stretching green lawn and palm trees. See Also:What Is the State Flower of Hawaii? This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Here are the top ten most expensive homes currently available for purchase in Hawaii Kai Oahu, Hawaii . The median income sits at a sizable $109,620. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. It sits on 7,065 sq meters, divided into three parcels along a 118 ft stretch of sandy beach. What you are left with is a Cost of Living Index by taking the average rank of each of these metrics for each city. 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 15.33-acre property. Some of the most luxurious and breathtaking homes in the world are in Hawaii. New Orleans real estate market gets a spotlight in the new HGTV series Selling the Big Easy.'. All this paradise comes at a price, of course. Known as Hale Palekaiko or House of Paradise, this beachfront estate sits on world-famous Kailua Beach, on Oahus East Side. The interior is just amazing and wonderful. It's so expensive to live in Hawaii that the U.S. Department of Housing and Urban Development considers a family of four in Hawaii making under $93,000 a year to be "low income.". That would be the cost of a mansion in most other parts of the country, but its about par for the region. Who needs to swim in the ocean when youve got a pool this gargantuan? 1. 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. Is it your dream to be right on the ocean? 9 Bay Dr, Lahaina, HI. Antilia | Mumbai, India. Photo: 360 Property Photos. Metros with the most cities in the top 30 in Hawaii #1. If you remember correctly, we mentioned that the housing prices are very high in Hawaii. The publicly traded SalesForce has been lauded as one of BusinessWeeks Top 100 Most Innovative Companies. For sale: $14,950,000. The oceanfront property includes access to an 18-hole golf . Brokerage. This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. 9. The 15.33-acre property comes . Source: Art Wager / iStock via Getty Images Hawaii: Urban Honolulu: >Cost of living in Urban Honolulu: 13.8% more expensive than U.S. avg. 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. Weisel is a three-time world masters cycling champion. And they get these natural wonders on the cheap. Now when referring to sales prices for homes that are being purchased as opposed to rented, there is a similar pattern of costs. Nanakuli, Hawaii, lets you get that with a little bit of a bargain. When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. For Sale, Here are our top picks for Hawaii residents on a budget: 1. For starters, they are the most expensive to purchase. 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. You can't put a price on these beach views. Learn more. Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. Check with the applicable school district prior to making a decision based on these boundaries. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Kohala Coast, Required fields are marked *. Waimea Cdp (Hawaii County) Waimea comes in as the fifth least expensive place in Hawaii. What Makes Diamond Head Special: 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. It comes up for sale as a separate property down the road, also in Keawakapu sold for a . Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. The previous record for the most expensive single-family home sold in Hawaii belonged to a Maui estate that sold for $41.8 million in 2015. We know its hard to believe, but there is more to Hawaii than sunshine, surfing, and beach days. Theres room for expansion, too; Toyota also owns the adjacent lot, which is assessed at $4.7 million. 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. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaiis biggest residential transactions ever. There are many gorgeous listings available in this area, but one of the most expensive homes currently available is Mylestone at Meadow Lane, located in Southampton, New York. 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. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. We incorporated elements of Christians art throughout the house, says architect Jeff Long. 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. Kai Moena: Once owned by the Rothschild family, this nearly 1.5-acre piece of property includes 250 feet of white sandy beach. There might be some that surprise you. She got a lot for her money; although you cant see it in the photo, the house is twice as long as it is wide. We assembled a similar list in 2005, limited to the City and County of Honolulu. The median income in the area comes in at an eye-popping $112,385. Your Email address will be kept private, this form is secure and we never spam you. A Balinese and Hawaii-inspired beachfront home in Keawakapu, Maui is on the market, listed at $38 million. All rights reserved. Kahului-Wailuku-Lahaina, HI: 9 #3. 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 11,379 residents of the town can enjoy Nanakuli Beach Park or head inland to the Nanakuli Forest Preserve. 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 For example, if the median household earns $100,000 and spends $40,000 on housing its actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. Built in 2009, this 5 BD/6.5 BA 5,000+ SF home has Balinese, Hawaiian, and Asian flair. 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. This historic house is just a few meters from the ocean and offers a 360-degree view of Mauka and Makai. 72-2747 Uluweuweu Akau Pl, Kailua Kona ($37,000,000) 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. The top 10 most expensive homes for sale in the State of Hawaii (according to MLS). Census American Community Survey 2016-2020, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959. The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. Those who call Hawaii home . You might spend more on housing, but you have more money overall to play with. The four-bedroom home, built in 2004, has been featured in both Forbes and Architectural Digest magazines. 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. The Diamond Head Villa features two outdoor BBQs, a spa, two sun decks, and a private pool. Hawaii is also one of a few US states to have once been an independent nation. Keep reading. 4. Oahu has some famously expensive neighborhoods, such as Kahala, Portlock and Lanikai, but they dont appear in the top 10 spots on our list. Enes Yilmazer 3.05M subscribers 934K views 2 months ago #MegaMansion #MansionTour #maui Thanks to L'OR Coffee for sponsoring a portion of this. Iowa's typical house costs $183,418 and is 1,550 square feet. What is the cheapest housing market in Hawaii? And the median monthly rent is an affordable $1,069. 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. 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. By definition, that implies Hilo ranks as the #645 most expensive place in the Aloha State. The true value in this property is the expansive amount of acreage included in purchase, which has rights to 3 additional homesites and a guest house. The .7-acre lot is assessed at $13.3 million. 4200 Anini Vista Dr Unit D, Kilauea, HI. Its one of the older houses on our list, built in 1992, but has kept its value admirably, with an assessment of $14.7 million. 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. Luxury, The property integrates the newest home technology with a modern entertainment unit and electric car charging docks. Nature-lovers will definitely want to hit Akaka Falls State Park, while those with an interest in science or history will have a great day out at the Imiloa Astronomy Center. It had been remodeled as recently as 2004, when it was bought for that $15.2M in 2015. Hotels in Hawaii are very common, but unfortunately, they won't be the best for your budget."}}]}. >Cost of living in Hawaii: 12% more expensive than U.S . United States. 1 - 24 of 632 Results. 1. Nanakuli is located on the island Oahu, about a 40-minute drive down the coast from Honolulu, the state capital and its biggest city. Stacker compiled a list of zip codes with the most expensive homes in Hawaii using data from Zillow. Kapaa, HI: 6 #4. Kamuela, Another Oahu city and a neighbor of Ewa Beach, Kapolei ranks as the sixth least expensive place in Hawaii. Villa Leopolda | Cote D'Azure, France. Copyright 2016, Hawaii Information Service. 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 Given these numbers, a median home value of $594,500 suddenly seems downright reasonable. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. The property is a three-bedroom, two-baths house sitting on one acre. At $24 million, it's one of the more expensive homes in the area. This 28-acre ocean bluff estate has a 3 BD/3BA 2,200 SF home, 55 pool, gym, orchard, and a front row view of Kauapea or Secret Beach. You can download the data here. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. But this is Hawaii, where property is expensive. 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. In this video, we take a look Inside The MOST EXPENSIVE House in Hawaii, USA! Another historical property, Villa Leopolda in the French Riviera, is valued at an impressive $750 million. As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. Kauai, Here are the 10 states with the highest median home price: Hawaii - $636,400. 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. See also Building Costs Per Square Foot in the State of Georgia, USA Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. 9 Bay Dr, Lahaina, HI Price: $37,500,000 Hawea Point: Spectacular and spanning 10 acres in West Maui, this. The resort is also close to a world-class shopping center. ", "acceptedAnswer": { "@type": "Answer", "text": "
The huge price is mainly based on the location on the waterfronts of Hanalei bay. We've rounded up the top 10 most expensive homes currently for sale in Honolulu so you can see how the ultra-rich and famous live. This one is really well done. Molokai . 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). Kai Moena, "House of the Resting Sea," listed for $30 million, is the most expensive home currently available on O'ahu. Come See the Beautiful Bali Hai Villa in Hawaii, Former NBA Coach Don Nelson Lists Stunning Hawaii Home for $15M. 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. Generally, the lowest housing costs are on the Big Island, which is considered the cheapest Hawaiian island to live on. SOLD JUN 3, 2022. Population: 21,541Rank Last Year: 18 (Up 12)Home Price To Income Ratio: 5.2x (7th most affordable)Income To Rent Ratio: 57.6x (35th cheapest)More On Kapolei: Real Estate|Cost Of Living."}}, {"@type": "Question", "name": "What is the cost of living in Hawaii? 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. The average home value in Hawaii is $636,400, almost nan times higher than Hickam Housing. 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. Here's where it all takes a left turn. With dark wood works, and modernized design, this is a one-of-a-kind residence that is steps away from the ocean. There are beaches and golf courses to wile away the hours. Maui County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Hawaii as a whole. And from snorkeling with the turtles at Makaha Beach to just chilling on the soft sand at Pokai Bay, were pretty sure money troubles wont be on your mind here. Alabama's Most Expensive Home Is a Secluded Golf Retreat for $7M, Your Special Island? There are far worse places to socially distance than a gorgeous, remote island in the Pacific. 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.
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