Of course, those are just two examples of the kinds of stunning homes in Hawaii that would cost you a fortune. 5949 Kalanianaole Highway, D, Honolulu|MLS #:201623396. 20 Kai Ala Drive. Check out my beautiful Kauai wedding. Agents, We incorporated elements of Christians art throughout the house, says architect Jeff Long. Are you interested in a real estate career in Hawaii? Ward Village must include around 900 below-market homes under a master plan subject to pre-2018 price limit guidelines tied to 140% of the median income. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. Not counted in the totals is the sale that topped them all: the $78 million off-market deal that Amazon founder Jeff Bezos reportedly sealed for a secluded compound on La Perouse Bay on Maui. North Shore, The median single-family home price in Wahiaw jumped by 38% to $925,000, from $671,500 last year. Using public records collected by Title Guaranty Hawaii, weve compiled a list of Hawaiis priciest homesexclusive compounds filled with sprawling swimming pools, personal tennis courts and stunning oceanfront views, places for which the annual property-tax bill runs a cool half-million. Want to stay up to date with these properties or others on our beautiful island? 4 Baths. The home is on the market for $799,000. She notes several homes currently in escrow on Oahu: two oceanfront estates on Diamond Head Road listed for $19.85 million and $17.97 million, and an oceanfront estate on Khala Avenue listed for $18.3 million. At least eight homes on the North Shore of Kauai each sold for more than $20 million. 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. Island and beachfront homes don't have to cost millions . Now asking $4.9 million, the four-bedroom property boasts ocean, tri-island and harbor views. Nationally, 2,300 residential properties across 30 markets closed for $10 million or more in 2021, more than double the transactions in 2020. 500 Ala Moana Blvd. This is currently the most expensive home for sale in the esteemed Kukuiula community. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. Featured in Forbes Magazine and Architectural Digest, this intimate home includes private deeded beach access to one of Diamond Head's finest beaches and is close to the shopping and dining of the Waikiki and Kahala nieghborhoods. Caranos Kukio house may look compact compared with many of the other Kona estates, but it packs a lot into the more-than- 14,000-square-foot interior: the house is valued at $18.2 million, almost five times as much as the land on which it sits. At the planned Kakaako condo tower Ililani subject to HHFDC guidelines, below-market prices for units with one to two bedrooms range from $459,400 to $649,100. new construction listings and access our free white papers and buyer guides. Disclaimer: The properties we may show you may be Locations LLC listings or listings of Voted as The Hippest Town in Kauai by VOGUE, Hanalei has officially hit the map. To demonstrate, in August 2021, condos were going for an average price of $467,500, while the cost for single-family homes was averaging at $1 million, with both amounts setting records, per Honolulu Magazine. Privacy Policy. Listing provided by Hicentral MLS $23,000,000 5 bds 7 ba 8,795 sqft - Active 38 days on Zillow 4679B Kahala Ave, Honolulu, HI 96816 HAWAII LIFE. 3215 Diamond Head Road, Honolulu|MLS #:201709585. Share this property by completing the the form below. Nationwide, a record 8.2% of U.S. homes (6 million) were valued at $1 million or more in February, according to a new report from real estate brokerage Redfin. Operating farm coconuts, citrus, extensive orchards, and exotic palms. Leave your opinion here. Designed by Hawaii's premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a . 1118 Ala Moana Boulevard, GPH 36, Honolulu | MLS #:201612214 $36,000,000 5 bedrooms 5 full baths 1 half baths 10,076 sqft The most expensive home currently for sale on Oahu sits atop 36-floor luxury high-rise condo building, Waiea ("water of life") in the booming Kakaako neighborhood. Copyright 2023 MLS Hawaii, Inc. All rights reserved. Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. An off-grid residence that sits on almost 16 acres of land with an ocean view, the home is surprisingly stylish and amenity-filled. As of October 2018, I present the 10 most expensive residential homes for sale on Kauai. If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. We will pre-fill the registration form with information in our files. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. They need to be revisited and they need to be redone.. Your email address will not be published. To start your real estate search, simply enter your property type whether a home, condo, townhouse, or vacant land and then your specific location. Arguably the Most Beautiful Beach in Hawaii, Hanalei Bay boats a 2-mile stretch of White Sand and 3 Beach parks. Copyright 2023 StarAdvertiser.com. This Wailea property, known as sandy surf, isnt used as a full-time residence. Luxury Home for Sale in Hawaii: Fantastic value for this outstanding rare perfectly remodeled ground-floor 2 bedroom, 2 bath unit with a comfortable easy living lifestyle and garden view. 51 Kaikea Place, Kailua 96734 | MLS #:201715306. The publicly traded SalesForce has been lauded as one of BusinessWeeks Top 100 Most Innovative Companies. In Central Oahu, developer Castle & Cooke Hawaii delivered its first market-priced home at Koa Ridge in November and expects to have an initial increment of 140 affordable homes finished late this year and early next year as part of an agreement calling for 1,050 affordable homes at the3,500-home project between Waipio and Mililani. Some 176,243 cost at least $1 million out of 372,659 in the city, where the median home value was $968,800 according to the study, which used the census' 2019 American Community Survey with. New Jersey). Estates, 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. 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. North Shore Agents, Here, the land definitely outweighs the house. More of those buyers are having to come to Oahu because theres no inventory on the Big Island, but we have the inventory, she says. Deepak Neupane, HCDA executive director, said the agency tries to ensure that below-market home prices are affordable to households that qualify for interest rates above published averages because many people dont qualify for the average rate. *Want more? An odd thing has happened in the realm of affordable housing on Oahu. Ocean, waterfalls, and sunsets, are only what nature has pleasantly provided. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. It typically takes more than $1 million to buy a lavish home on Oahu, yet this rather hefty sum can be considered the price for affordable housing in Honolulu under a state guideline. If you wish to report an issue or seek an accommodation, please let us know. Thanks, Window Washing Service Jefferson Park, Denver, CO, https://www.ktvn.com/story/43461794/signature-window-washing-company-celebrates-6-years-in-business, One of the benefits of living in Hawaii is the opportunity to be outside just about every day of the , One of the best things about living in the Hawaiian Islands or even just visiting is experiencing the , If you havent purchased a property on Maui before, this will be your quick guide on what the process looks , No Reserve Auction: Build Your Dream Ocean View Compound on Rare 15 Acres with Opportunity for AG Structures & Potential . At the most recent Ward Village tower to include below-market condos, studios were sold in 2018 for $286,000 to $443,000, along with one-bedroom units for up to $487,314, at the project called Aalii, which is nearing completion under HCDA guidelines with prices linked to incomes ranging from the median to 140% of the median. Oahu currently has 18 active listings for single-family homes priced at $10 million or more. With a resort-sized infinity pool, spa, sweeping views and close proximity to Downtown and Waikiki, you could make this home your own mini-resort or add additional homes to the site for a palatial family compound or corporate retreat. 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 huge, 5-acre estate is the farthest north of all our Kona Coast propertiesits on the edge of the Mauna Kea Resort, next door to the old Lurline Roth estate. If you have $3,995,000, then you can snap up this unique home in Haiku, Hawaii. Real Estate, Since the protective reef provides year-round calm water, many are able to enjoy the numerous ocean activities including, boating, swimming, snorkeling, fishing, windsurfing, and biking. As your local North Shore experts and one of Kauais top-producing and most reputable teams, we have over 35 years of experience to guide our clients in making sound and smart decisions. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. In 2013, critics of a planned workforce housing tower in Kakaako called 801 South Street B assailed the project in part because its most expensive below-market unit was forecast to sell for $692,300 under an HCDA formula that allowed a two-bedroom unit to be priced as high as $715,213 at the time for households earning up to 140% of the median income. Still, the allowance draws attention to longstanding criticism that regulations defining affordable housing in Hawaii are out of whack., These formulas get to be so crazy that they get to be above market price, said Kenna StormoGipson, an analyst with a Hawaii Appleseed Center for Law and Economic Justice project called the Hawaii Budget and Policy Center. What the celebrities and I love about this 6-acre private sanctuary: Seacliff Plantationis a gated community located between the town of Kilauea and the Kilauea Lighthouse. (function(d, s, id) { It contains a link to reset your password. 4408 Lawai Rd, Koloa, Hawaii MLS #664853 View Listing $24,000,000 Active 4 Beds 4 Baths 0.52 Acres 3,706 ft Residential 4421 Malolo Rd, Hanalei, Hawaii MLS #666820 View Listing $15,000,000 Active 4 Beds 4 Baths 0.8 Acres 3,706 ft Residential 4914 Lawai Rd, Poipu, Hawaii MLS #664619 View Listing REDUCED 6% $14,500,000 Active 3 Beds 3 Baths We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. The resolution, which asked HHFDC to report the results of an analysis to the Legislature before this years session, did not get a hearing and was not adopted. Today there are just 12 active listings on Hawaii Island for $10 million or more, three of them at Kkio: Thirty-year-old developer Adam Wong has an intoxicating vision for a vibrant and affordable Honolulu. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Extensively renovated in 2017, the home includes soaring 20-foot ceilings in the living room and disappearing glass doors that open to the pool, yard and ocean. var js = d.createElement(s); js.id = id; And he seems to be doing his best to make sure almost no . Complete with two master suites, 6 guest rooms, media room, library, office, pool, three-car garage, and more whats not to love about this luxury Maui property listing? The affordable home price ceiling is based in part on a 3% interest rate and a 5% down payment. The average interest rate nationally for a 30-year fixed mortgage recently was 2.7%, which means the current affordable price could be over $1,026,800 for a two-bedroom home. Nestled by a tropical mountain and offering unobstructed ocean views, $9,650,000 will get you this home whose interior is just as remarkable as the exterior. Your friend will receive an e-mail from you with a link to view the details of this property. October 31, 2018 Initial market-price homes at Koa Ridge range from the high $800,000s to $1 million, which technically could qualify as affordable housing if HHFDC guidelines applied. Featuring vast interiors, world-class amenities, and panoramic views, these homes were inspired by the all-new Redfin Premier. 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. 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 Khala Avenue property. This circumstance exists under guidelines of a state agency that helps developers produce affordable housing and occurred as mortgage interest rates fell to very low levels in recent months. If you're interested in becoming a Hawaii homeowner, we encourage you to begin our smooth and secure application process. Hawaii County might take a page from Honolulu's playbook and tack an extra property tax on multi-million dollar residences. Luxury, As always, don't hesitate to contact us with any questions at 808-792-4251. Weisel has been described by the San Francisco Chronicle as the alpha male of Wall Street West with an uber-competitive streak. Its a drive that extends to athletic pursuits, as well. Read more. Copyright 2023 HiCentral MLS, Ltd The prevalence of million-dollar homes can vary significantly by metro. 2. Featured properties may or may not be listed by the office/agent presenting this brochure. The spectacular windows in this $5,150,000 home will give the fortunate homeowner a fabulous view of both the pool and the ocean beyond. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. 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. He sold his mansion on the Bluffs of Mauna Kea (No. Shown are a pair of renovated 3-bedroom units in the Kuapa Isle townhome complex in Hawaii Kai that recently sold for $1 million. Please switch to a supported browser or download one of our Mobile Apps. All three are just adorable, but perhaps my favorite is the home next to Honl's Beach, currently listed for $895,000. Since 2007, 20 homes have sold for once unthinkable nine-figure price tags, though many more have tried and failed. If youre looking for something a little smaller but with a similar epic view, how about this Kihei home for sale on the beach? funeral homes dixon mo. Dreamy waterfront property Zillow Anini Kai this North Shores Hollywood-esque estate overlooks Anini Beach and the mountains surrounding Hanalei. Offering three bedrooms, two bathrooms, and an open concept modern design, this stunning home that boasts a view of the nearby valley hit the market for $1,888,000. Square Footage: 7,500 (includes outdoor living space) Beds/Baths: 5 bedrooms and 5 bathrooms, with two partial baths. You have already registered using your FB account. It found million-dollar homes are most prevalent in California and Hawaii, where nearly 1 in 4 are in that price range. Privacy Policy. There are only about five single family homes and 25 condos selling for around $1 million. Hawaii, HI Homes for Sale & Real Estate 2,859 Homes Available Tile Sort by 15 92-1414 KONA DR Lot : 8, Ocean View, HI 96737 1.002 ac Lot Size Lots And Land $49,500 USD 5.5K Lisa Edwards Kona Homes View Details 7 No address available Lot : 12, Ocean View, HI 96737 1 ac Lot Size Lots And Land $10,000 USD 5K Lisa Edwards Kona Homes View Details 17 How things have changed. . That limit equates to $123,480 for a single person and $176,260 for a family of four. At about eight times that price, some $1.5 million homes offer uncommon amenities, such as sweeping ocean views, grand. Telephone: 808-529-4747. Aptly named after the quiet waters of the Anini lagoon, Wailana Mlie is a truly timeless Polynesian estate. Hawaii, Whoever is willing to pay that kind of money will be able to enjoy the 6,294-square-foot interior that has everything you need to stay cozy. Check with the applicable school district prior to making a decision based on these boundaries. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. But throw Slavic Ukrainians into Civil War with Russia First . Prices in the initial affordable subdivision dubbed Malina have not yet been set, but would largely align with city guidelines allowing homes priced from $400,000 to $700,000 for households with two or three people earning up to 120% of the median income. under roof Designed by world-renowned architect, Bing Hu The 4,375-square-foot home built in 1929 comes with six bedrooms and five bathrooms, as well as a sunroom, elevator, finished basement and office, according to listing photos. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. La Follia, a massive mansion in Palm Beach, Fla., closed this year for $110.25. Though 73% of the homes are valued at $1 million or more, less than 42% of households in the city earn $200,000 or more annually. [Click here for more information](/info/mls-disclaimers/#mls_726) Just take a look at the incredibly impressive and expensive $11.9 million Hawaiian estate that musician Carlos Santana soldor the Hawaiian home that golf star Vijay Singh put on the market for a whopping $23 million. This Hawaii Kai home, situated in the Triangle neighborhood (adjacent to prestigous Portlock), offers many special touches, including sandstone wall relief features, professional-grade home theater with reclining leather seating for eight, a seperate ohana cottage, water features and many home automation features (including lighting, doors and fans). For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. 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. Listing provided by Hicentral MLS $23,000,000 6 bds 6 ba 4,947 sqft For example, 52.89% of owner-occupied homes are valued at $1 million or more in San Jose, Calif., making it the only one of the nation's 50 largest metros where a majority of owner-occupied homes are worth at least $1 million. Perry says some ultra-high-end buyers who may have looked at the Neighbor Islands in the past are now checking Oahu. A five-bedroom, six-bathroom home is currently on the market for $1 million. For Sale, In Hawaii, properties range from $50K plots of land to $50 million-dollar dream homes, from Oahu to Kauai to the Big Island to Maui. What wows me: Large land offering at nearly 22 acres with a breathtaking, private view. The 15.33-acre property comes. Property highlights: 1.46 Acres, the largest acreage offered in the exclusive Kahalawai neighborhood 7,900 sqft. The 84 homes are expected to be sold later this year for $267,750 to $511,350 for studios to two-bedroom units. In fact, there are only six Oahu properties on the entire list. Brokerage. the Saudi governmentAKA the . Overlooking the water just across the bay from the Mauna Lani Resort, this wedge-shaped Kona property belongs to Toyota Motor Sales USA. The Bay is surrounded by what seems to be hand-chiseled emerald mountains, flowing white waterfalls, and a resort-free environment. Their guidelines clearly need revamping.. This sleek Kona abode belongs to Sandra Kurtzig, who Entrepreneur Magazine called the first lady of computers. Kurtzig founded ASK Computer Systems out of her apartment in 1972, selling inventory-tracking and business-information software, and turned her tiny startup into a heavy hitter with 91 offices in 15 countries. Check with the applicable school district prior to making a decision based on these boundaries. The amount of dwelling coverage makes a big difference in rates. Simply stunning! Listed for $30 million, Idaho's new most . d.getElementsByTagName('body')[0].appendChild(js); Individual reefs in Hawaii and Florida deliver the highest dollar value, according to the study by researchers from the University of California, Santa Cruz, . It typically takes more than $1 million to buy a lavish home on Oahu, yet this rather hefty sum can be considered the price for "affordable" housing in Honolulu under a state guideline. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. Kurt Fevella and Sharon Moriwaki introduced a resolution to have HHFDC review and compare its affordable home price guideline methodology with other places that have high housing costs. Send a message and we'll respond shortly. 6 Beds 5 Baths 6,000 SqFt Residential MLS # 1630071. Hawaii) will have less property taxes than a $250k home in other jurisdictions (e.g. Buyers, Maintaining water features in arid Kona cant be easy.) Lenihan Sotheby's International Realty. With plenty of luxurious hints, custom touches, and more than 6000 square feet of space, which includes five bedrooms. HHFDC starts with federal data for Honolulus median household income, which was $101,600 last year, meaning half of all households earned more and half earned less. The typical home in the Evergreen State is valued at about $438,300, while in Seattle, the median sold home price is $765,000. This email is already registered. Listing provided by Hicentral MLS $21,000,000 76 acres lot - Active 20 days on Zillow 383 Kalaimoku St, Honolulu, HI 96815 COLDWELL BANKER REALTY. On this compound youll find: The Seacliff Plantationhas 48 building sites ranging in size from 3 to 10 acres. For $1 million, you could purchase this 1,600-square-foot, four-bedroom craftsman between North Beacon Hill and Judkins park. It is home to the historic Kilauea Lighthouse, National Wildlife Refuge, and Kilauea Lighthouse Village the North Shores newest commercial development in over 40 years. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. . Our median home price is over $1 Million and as local real estate investors, we are looking for ways to keep houses affordable. The home also includes a 2,000-sqft rooftop lanai with private ocean-facing infinity pool and perpetual 360-degree views of the Pacific Ocean, Diamond Head, mountains and Waikiki. Kilauea proves time and time again a favorite getaway for celebrities, and this home shares its Aloha with many of them. Dont believe it? 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. This figure is then adjusted in a way that results in Honolulus median income being defined by family size, including $88,200 for a single person and $125,900 for a family of four. TLDR: Property taxes paid on a million dollar home is a useless metric since a million dollar home in some jurisdictions (e.g. Land, This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. 2,406 Sq. Christian Weis, Remember to save your search to receive email alerts when new listings that fit your . [The owner] wanted the design to reflect that Barcelona style, recalled Yamamoto when HONOLULU interviewed him in 2005. Rounding out of top ten most expensive Honolulu homes for sale is this secluded waterfront Paiko Lagood home. }(document, 'script', 'wibbitz-static-embed')); Between sleek architectural designs with panoramic ocean views to overly large acreage plantation estates, lets explore what millions of dollars can get you across Kauai, Hawaii. Found in Honolulu, this Hawaiian home is light, bright, and airy thanks to the white walls, vaulted ceilings, and large windows. We will not rent, share, or sell your information. Property listed by List Sotheby'S Int'L Realty. Spend your days in the sunshine and your nights listening to the ocean waves crash the foundation of this $7,995,000 home that sits on the water's edge. This Hawaiian home may cost $4,495,000, but it's surely worth every penny. Save this listing and receive e-mail updates if the status of the property changes. At $24.5 million, a home with six bedrooms and seven full and two half baths on an acre of land. Located on the 35th floor and only slightly smaller than the building's grand penthouse, this $35 million dollar home comes with a design credit for the new owners to fully customize the home with their choice of interior design finishes. You're reading a premium story. This oceanfront Kukio property grabs the No. In Waipahu, where the median price rose by 14% to $840,000, the number of single-family homes sold nearly doubled to 23. Post a major island flood event in April, homes and beaches past Hanalei have become inaccessible to the public; however, if youre interested in viewing this home, Contact me as vehicle passes are required. Sellers, What is Todd Rundgrens property worth on Wailapa Drive? These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. Nationally, 2,300 residential properties across 30 markets closed for $10 million or more in 2021, more than double the . Moving here? Property listed by Coldwell Banker Pacific Prop. The New York City metropolitan area where an apartment . (Although when we flew over the property, the pond was all but empty. It would be hard to find a more spectacular location for a dream home. Not only is the lot 2.5 acres, there are 2.5 acres of conservation land in front, and another 3 acres of resort common area in back. The .7-acre lot is assessed at $13.3 million. Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved We hope to see you soon and trust you enjoyed learning about Mauis top beachfront luxury properties. Neupane said a below-market condo with two bedrooms produced in Kakaako under HCDA rules today under current rules would probably sell for around $500,000 when accounting for buyer conditions, maintenance fees, taxes and insurance. Information herein deemed reliable but not guaranteed. Sitting on the water, this stunning four-bedroom home costs $2,695,000. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. A two-bedroom home that costs $1 million technically can be defined as affordable for some households eligible for government-subsidized housing. 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.