What I love: In conclusion, 9 out of the 10 homes are located on Kauais green and lush North Shore. 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. If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. 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. This oceanfront Kukio property grabs the No. Please switch to a supported browser or download one of our Mobile Apps. Thank you! 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. If you require a reasonable accommodation to access our services, please contact us at (808) 732-3000 or email [email protected] so we may better assist you. The current U.S. median home value is $182,500, according to Zillow. Check out our teams current North Shore listings. Who needs to swim in the ocean when youve got a pool this gargantuan? -Monica Toguchi,VP, Administration and Planning, Highway Inn Inc. A. Youre right,, Kauai Affiliate is Habitat for Humanitys Top Builder in Hawaii, Decrease in Home Prices Varies by Area on Oahu, Tracking Hawaii Homeowners Who are Equity Rich or Seriously Underwater, 20 for the Next 20: Robin Kobayashi, Hawaiian Airlines, 20 for the Next 20: Miki Moore-Hardisty, ProService Hawaii, 20 for the Next 20: Kuulani Keohokalole, People Strategies Hawaii, 20 for the Next 20: Jen Lau, Finance Enterprises, Internet Transforms Home Sales, but Realtors Survive. This is one of the few properties on our list that sold for less than its assessed value. This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. questions. Musician Carlos Santana is trading up. other brokerage firms. of indoor/outdoor living space, Constructed by Kauais number one builder, Randy Weir Construction, Main House 2,737 sqft., 3 Bed | 3.5 Bath, Incredible Views and World-Class Surfing, literally at your doorstep, Guest House 2,000 sqft., 2 Bed | 2 Bath, Views of waterfalls pouring out of the Namolokama Mountain, 2,238 linear square feet of pristine ocean bluff bordering the practically untouched Waiakalua Beach, Access the Secluded Beach for a dip by walking or driving, Ocean views from essentially every room, even the pool and spa, Extensive native plants & landscaped gardens, 4 Bed | 4 Bath; 4,458 sqft. Hawaii's most accurate home valuation tool. For $1 million, you could purchase this 1,600-square-foot, four-bedroom craftsman between North Beacon Hill and Judkins park. [Click here for more information](/info/mls-disclaimers/#mls_726) OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. Please switch to a supported browser or download one of our Mobile Apps. Median property tax rates in the U.S.. Featured properties may or may not be listed by the office/agent presenting this brochure. A two-bedroom home that costs $1 million technically can be defined as affordable for some households eligible for government-subsidized housing. It found million-dollar homes are most prevalent in California and Hawaii, where nearly 1 in 4 are in that price range. Pictured here are homes under construction earlier this month. As of October 2018, I present the 10 most expensive residential homes for sale on Kauai. 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 Apr. To start your real estate search, simply enter your property type whether a home, condo, townhouse, or vacant land and then your specific location. Dollar Homes are single-family homes that are acquired by the Federal Housing Administration (FHA) as a result of foreclosure. Property highlights: 1.46 Acres, the largest acreage offered in the exclusive Kahalawai neighborhood 7,900 sqft. Under current guidelines, a family of four in Honolulu earning 140% of the median income can qualify for subsidized housing priced as high as $1,026,800. d.getElementsByTagName('body')[0].appendChild(js); The median price of a Maui home topped $1.1 million in June. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. 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. agreeing to our 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. 87-3163 Hawaii Belt Rd is a 1,024 square foot house on a 5 acre lot with 1 bedroom and 1 bathroom. This one is really well done. Posted on Three factors household income, family size and interest rates are mainly used to compile annual housing affordability tables. You get 8 acres of privacy in the middle of a resort. In Hawaii Kai, supply is low and competition is high with many properties selling for more than their listed price. Senate Concurrent Resolution 220 noted that San Francisco, in comparison with Honolulu, had a 38% higher household median income but a 23% lower maximum affordable housing price in 2019. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 2,406 Sq. You don't have to be rich to live in Hawaii you just have to want it, say the brokers at the Hawaii Life realty firm who make island-living dreams come true for clients ready to make it a reality. Sorry for the inconvenience, Locations LLC. Moving to Hawaii, Oceanfront Home +Vacation Rental Cottage, Former home of prominent architect, Elliott Rosenblum, 1,000-ft. driveway into your 4,395 sqft. This modern 1.43-acre oceanfront estate claims 185 linear feet of beach frontage and includes a tennis court, pool and Jacuzzi lush set among lush tropical landscaping. I have been told never to give two children equal shares. Here's What A $1 Million Home Looks Like In All 50 States Spoiler: a whole lotta square footage in Arkansas, not so much in New York. For $2 million dollars you can become a homeowner in one of Mauis most sought-after locations, 30 Lewa Lani Place. Its summertime and that means a prime time to look into buying a home on the beautiful island of Maui. CRAIG T. KOJIMA / [email protected]. While there are sure deals to be found, real estate happens to be pretty darn pricey in paradise. Property listed by Sachi Hi Pacific Century Prop. Telephone: 808-529-4747. You can email me at [email protected] or via phone at (808) 370-3848. 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. I,m sure 35 Million Dollar Home in Miami will let Zelensky have his Sun Tan. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Learn more. This estate may cost $19.5 million, but that price includes two homes on one incredible property. Sellers, The price of the home purchased by Adam Weiss and Barret Swatek on July 30 is the second-highest sale in Hawaii, said. 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. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. 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. Luxury, An off-grid residence that sits on almost 16 acres of land with an ocean view, the home is surprisingly stylish and amenity-filled. Dubbed Hale Palekaiko - House of Paradise - this recently completed contemporary tropical estate is designed by award-winning architect Peter Vincent. 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. Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved 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. The place remains impressive, though. 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. 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. Nearly half of the 20 homes that sold for $10 million or more last year on Hawaii Island were at the exclusive Kkio Golf and Beach Club, including a $34 million house that was among 2021s top five statewide. by Emmy Favilla BuzzFeed Staff Alabama $1.09. Compare your rate to the Hawaii and U.S. average. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. Oahu currently has 18 active listings for single-family homes priced at $10 million or more. Once you click Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate Sue Em.. A two-bedroom home that costs $1 million technically can be defined as affordable for some households eligible for government-subsidized housing. 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 city and HCDA said their current maximum price for homes at the 120% of median income limit would be around $700,000 for a family of four. What a Million Dollars Will Buy in These States Alaska: 4 Bedroom, 4 Bath in Chugiak Price: $995,000 Square feet: 5,631 Year built: 2009 Check out the: 2.5-acre lot Agents, Honolulu, HI 96813 Log In. Read more. #7-500 If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. 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. We're able to accomplish this . The No. 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. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. What wows me: Large land offering at nearly 22 acres with a breathtaking, private view. What should the owners of a family business consider when dividing shares of stock among their children? Horan also believes that, along with other experts, only. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. That's up from 4.8% (3.5 million . 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.) Rounding out of top ten most expensive Honolulu homes for sale is this secluded waterfront Paiko Lagood home. In fact, there are only six Oahu properties on the entire list. Beyond that, this lovely residence offers a modern design, theater, and a view of the water and mountain from the living room, kitchen, and bedroom. Please be nice. Leave your opinion here. Hawaii County assesses the house alone at $28.5 million, but the better part of the $61 million valuation of this property is the land itself. 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. Jaw-dropping features include: Known as Hale Ae Kai, or Where the land meets the sea, this estate is not only Kauais most expensive home on the market, it is the most expensive offering in all of Hawaii. Overall, Koa Ridge may produce affordable housing geared for households earning up to 140% of the median income. In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. Shown are a pair of renovated 3-bedroom units in the Kuapa Isle townhome complex in Hawaii Kai that recently sold for $1 million. Sitting on the water, this stunning four-bedroom home costs $2,695,000. $1.85 Million Homes in Massachusetts, Hawaii and Georgia An 1880 house in Provincetown, an off-the-grid home on the Big Island and a five-bedroom estate with two guesthouses in Rabun Gap.. The distribution of these palatial properties is also illuminating. Zillow, Inc. holds real estate brokerage licenses in multiple states. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. 3215 Diamond Head Road, Honolulu|MLS #:201709585. Artist Christian Riese Lassen is known for his paintings of vibrant oceanscapes and sparkling dolphins, and his Kapalua home is inspired by that Technicolor turquoise aesthetic. What is LocationsHawaii.com? Simply stunning! Here are some comparable home values that earn a luxury designation: $1.6M United States; $2.1M Worldwide; $4.0M in Los Angeles; What counts as a luxury home varies regionally here in Southern California, too. Here, the land definitely outweighs the house. Vacation Rentals. Its owned by Helen and Charles Schwab. As the pinnacle of elegance and privacy, the exclusive listings of West Maui offer the kind of luxurious lifestyle that few are privy to. According to Locations, million-dollar homes have been shrinking the fastest in Hawaii Kai by 20% over the past five years. The owner is yet another investment banker: Paul Stephens, the chairman and a partner of Stephens Investment Management, and the co-founder and managing director of RS Investments, a San Francisco-based management group that manages more than $7 billion in assets. [The owner] wanted the design to reflect that Barcelona style, recalled Yamamoto when HONOLULU interviewed him in 2005. It belongs to Carol Ann Bartz, the president and CEO of Internet service company Yahoo! Los Angeles was the top market with 628 properties selling for $10 million or more, followed by New York Citys Manhattan with 326 transactions. We assembled a similar list in 2005, limited to the City and County of Honolulu. This is one to look more closely into. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. Interested? We will not rent, share, or sell your information. who has put his $23-million, 52-acre Hawaiian oceanfront estate up for sale. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. Anini Kai this North Shores Hollywood-esque estate overlooks Anini Beach and the mountains surrounding Hanalei. For a whopping $23.5 million, the new owner of this home will find it fully furnished. Tour Homes. 19A new study shows U.S. coral reefs provide $1.8 billion in flood-risk benefits to property owners and people's livelihoods every year, with top value assigned to the reef stretching offshore of Diamond Head, Waikiki and Kakaako. This time, its not even the most expensive Kahala property. This 10,000-sqft grand penthouse is the ultimate in luxury living. The .7-acre lot is assessed at $13.3 million. Oahu boasts some of the world's finest homes--and some of the world's heftiest home prices. By registering, you are Save this listing and receive e-mail updates if the status of the property changes. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. He sold his mansion on the Bluffs of Mauna Kea (No. South Side, The typical home in the Evergreen State is valued at about $438,300, while in Seattle, the median sold home price is $765,000. Due to local MLS regulations, you will need to re-register if you would like to continue your access. The Maui Luxury Real Estate Team features beachfront properties all over the island that are uniquely designed and decorated to meet your high-end tastes. Its owned by Hale O Aloha, which shares a mailing address with SalesForce Inc., a cloud-computing software company founded by Marc Benioff, a 30-year-veteran of the software industry. With plenty of luxurious hints, custom touches, and more than 6000 square feet of space, which includes five bedrooms. This house looks out onto Kukios South Pond, and then onto the ocean. Keep your eye on this property! The home is on the market for $799,000. StormoGipson is referring largely to guidelines of the Hawaii Housing Finance and Development Corp., a state agency that helps private developers produce affordable housing. Designed by Hawaiis premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a lifestyle found nowhere else in the world. The infinity pool and outdoor covered lanai are completed by a poolside barbecue and entertaining area. Our job is to make your home buying or selling experience a pleasant one which is why we also offer a complete set of real estate tools and resources including mortgage calculators, moving guides, Hawaii neighborhood information, real estate buying tips, and articles. 11 stunning island and beachfront homes for sale across the US for under $1 million. From plantation towns to planned communities, Central Oahu has its share of secret spots, a bumper crop of bowling alleys and neighborhood eats. Golf Course, This five-acre west-Maui estate is located in the exclusive gated community of Pu'unoa Estates. North Shore Agents, Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. 1. 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. The agent who gave you access to this website is no longer with Locations LLC. The home is now owned by Houston-based Fayez Sarofim. Kamehameha Schools is also subject to the older rules for its Our Kakaako community, where about 550 below-market homes need to be produced. Seventy-eight Hawaii sales closed in that stratosphere in 2021, more than three times the number that sold in 2020. The home's great room boasts inspiring ocean views. 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. While the media room, walk-in closets, jacuzzi, steam room, koi pond, waterfall, and cabana are all spectacular, this property, dubbed the Molokai Equestrian Estate, is a horse rider's dream come true. On top of its whopping $36 million-dollar price tag, buyers should be prepared to shell out $11,100 a month in maintenance fees. new construction listings and access our free white papers and buyer guides. 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. Furthermore, HHFDC rules allow households earning as much as 140% of the median income to qualify for subsidized housing. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. 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. 4 Bed | 6.5 Bath. It would be hard to find a more spectacular location for a dream home. Check your inbox for an email from [email protected]. Information herein deemed reliable but not guaranteed. Hawaii Property Tax Calculator - SmartAsset Calculate how much you'll pay in property taxes on your home, given your location and assessed home value. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Dont believe it? of indoor/outdoor living, 9 acres of property the most land area offered in Haena in 9 years, 100s of beachfront footage on Tunnels Beach. With plenty of luxurious hints, custom touches, and more than 6000 square feet of space, which includes five bedrooms and six bathrooms, the 2.1-acre property boasts a gorgeous pool with a bridge and not one but two waterfalls. If youre looking for something a little smaller but with a similar epic view, how about this Kihei home for sale on the beach? Their guidelines clearly need revamping.. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. 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.
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