Over the years, he has developed a keen interest in a wide variety of DIY projects around the home. Theres even a small farm on one corner of the lot, which grows palm, citrus, and coconut trees. Here are the ten most expensive homes for sale in Urban Honolulu right now. 3 spot even though it sits in the middle of acres of black lava rock in Kona; the luxury subdivision and golf course that will eventually surround it have yet to be built. What you are left with is a Cost of Living Index by taking the average rank of each of these metrics for each city. Villa Leopolda | Cote D'Azure, France. When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. For more information on any of these listings, please contact Roni Marley, RB at 808.652.1006, Posted on 6. You can step into the front yard and dive into the pool for an in-house immersion. 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. The interior is just amazing and wonderful. It is a quite good way to save some money. Karen E Laine, Master Gardener and co-star of the HGTV hit series Good Bones, follows her true passion of renovating clients' outdoor spaces in the network's new special Good Bones: Better Yard. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Out of thetop 10 most expensive homes in the state that are currently on the MLS market, 5 are located on Kauai. Population: 5,599Rank Last Year: 11 (Up 3)Home Price To Income Ratio: 5.8x (16th most affordable)Income To Rent Ratio: 82.6x (32nd cheapest)More On Waimanalo: Real Estate|Cost Of Living. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. Hilo is a major tourist destination thanks to being the principal city on the Island of Hawaii. 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 That figure actually represents the fifth lowest mark in the state. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. Buyouts have been good for Roberts: Forbes ranked him No. The average price of a budget hotel can range from $130 - $165 per night. Nanakuli is located on the island Oahu, about a 40-minute drive down the coast from Honolulu, the state capital and its biggest city. Known as Hale Palekaiko or House of Paradise, this beachfront estate sits on world-famous Kailua Beach, on Oahus East Side. Featured properties may or may not be listed by the office/agent presenting this brochure. Pete has been working in the trades since high school, where he first developed a passion for woodworking. These houses are not only magnificent but also worth living in. 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. Though we can't crown a #1 Most Expensive Neighborhood definitively, you're guaranteed it's in here, along with 10 more that tie for #2. This imposing four-bedroom house has a two-story living room, a fully furnished professional kitchen, and a five-story glass elevator. 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.. [Click here for more information](/info/mls-disclaimers/#mls_726) Keep reading. Data is deemed reliable but is not guaranteed accurate by the MLS. Leave your opinion here. The 15.33-acre property. 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. 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. Kahului-Wailuku-Lahaina, HI: 9 #3. This 7 BD/8.5 BA home is over 8,000 SF and sits on a 36,000+ SF lot that is steps from the ocean. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Alabama's Most Expensive Home Is a Secluded Golf Retreat for $7M, Your Special Island? Oftentimes near the ocean or overlooking the ocean. 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. 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. However, these views come at a cost and drive the prices of properties in those areas sky high. And taking into account Kapaas median income of $92,571, residents pay the tenth smallest percentage of their salaries on rent statewide. But comparatively speaking, putting down roots in Ewa Gentry is relatively reasonable. If you do decide to settle down in Waianae, youre in luck, because it has the fourth cheapest homes in Hawaii. The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. . We aim to deliver bite-sized pieces of infotainment about where you live. The two most important things to think about when it comes to being able to afford if you can live comes down to: You need to understand your costs in the context of how much money you make. By definition, that implies Hilo ranks as the #645 most expensive place in the Aloha State. For Sale, #luxuryhometour #ma. This time, its not even the most expensive Kahala property. 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. Naturally, theres an infinity pool with hot tub. Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate Sue Em.. Urban Honolulu, HI: 11 #2. Here are the top ten most expensive homes currently available for purchase in Kaneohe (Oahu). As pricey as they are, many of the other properties on our list are squeezed right next to other mansions. Kilauea, Hawaii itself is extremely expensive, with the state as a whole costing about 75% more than the national average. 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. Guy Laliberte, the founder of the internationally known circus, is worth $2.5 billion, according to Forbes most recent list of the worlds billionaires. Well, there you have it. Kapaa, HI: 6 #4. Please switch to a supported browser or download one of our Mobile Apps. The new buyers could potentially add more homes, athletic courts, pools, or whatever else their imaginations may come up with in this tropical paradise. Waimea is located in the northern part of the Island of Hawaii. Like much of the rest of the island, it has a resort atmosphere. 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This one is really well done. Here are our top picks for Hawaii residents on a budget: 1. 72-2747 Uluweuweu Akau Pl, Kailua Kona ($37,000,000) One note: We restricted this list to single parcels as defined by the county tax offices. Population: 10,921Rank Last Year: 21 (Up 20)Home Price To Income Ratio: 4.0x (most affordable)Income To Rent Ratio: 68.3x (33rd cheapest)More On Hawaiian Paradise Park: Real Estate|Cost Of Living. 4747 Kahala Ave. Rocky A/Flickr. Hawaii also has one of the nation's highest median incomes at $80,729 annually. 96779, HI, United States $40,975/sqft. The owners pavilion includes an openchefs kitchen, media room, and exercise room, as well as a bar that also serves the pool area. Hawaii Island 720415 Kaupulehu Dr. Kailua Kona, HI 96740. May we suggest a car dealership? It includes multilevel outdoor seating and living areas, including a covered lanai, dining space, and sprawling decks. Population: 10,771Rank Last Year: 2 (Down 2)Home Price To Income Ratio: 5.3x (8th most affordable)Income To Rent Ratio: 75.4x (30th cheapest)More On Waihee-Waiehu: Real Estate|Cost Of Living. >Cost of living in Hawaii: 12% more expensive than U.S . It would be hard to find a more spectacular location for a dream home. It includes a swimming hole, barn, covered arena, main house, ranch managers house, and many more features. It costs $34,000 more on average to construct a new home than to buy one. This property is right on the beach. Grassy greens, sunny yellows, sky blues this space from HGTV Magazine is a force of nature. The entry door is an 11fts double glass door with a wrought iron scroll framing: the exterior features 30,855 sq ft free land for further development. The two guest pavilions feature king-sized beds, bar and refrigerator, full baths and lanais. This property recently appeared on the market for the first time in more than 30 years. It sits on 7,065 sq meters, divided into three parcels along a 118 ft stretch of sandy beach. While Waimea has all the usual island-y things to do, it also hosts a number of farmers markets that pull folks from near and far. In addition, a guest house with three and a half baths to go with the three bedrooms, on a 36,000 ft Lot. And if you lock down a job here, know that the median income is $67,466, which gives Wainae the seventh best rent to income ratio in the state. The median income in Kahaluu-Keauhou comes in at $79,742 and the median home value is $647,000 for 2023. In most cases, the property details are also based on publicly available city and county data. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. The six-bedroom main house was built in 2001. 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