"}}]}. The Aloha Spirit is all-encompassing. This historic house is just a few meters from the ocean and offers a 360-degree view of Mauka and Makai. Built and owned by former co-chief executive of Morgan Stanley's operations in the Asia-Pacific region, William H. Strong, the 11,708-square-foot house is made up of Balinese-style pavilions on a bluff overlooking the Pacific Ocean and Kilauea Lighthouse. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. The median home value in the area sits at $392,800. November 19, 2015 4747 Kahala Ave (Kahala) - $15.2M. Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. Fascinated by all sort of tools, Pete loves reading and writing about all the latest gadgets and accessories that hit the market. The overall cost of living is about 50% above the national average, but thats actually pretty good for the state. Located on the coveted Kohala Coast of Hawaii, this estate is one of the largest oceanfront properties for sale on the Big Island. $2,400,000 Last Sold Price. The median income in Kahaluu-Keauhou comes in at $79,742 and the median home value is $647,000 for 2023. 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. HomeSnacks is reader-supported. Not only is the average the highest, but for that price, you get a fairly small property (averaging 1,309 sq. Oceanfront, Alabama's Most Expensive Home Is a Secluded Golf Retreat for $7M, Your Special Island? So, if you care about home values and affordability, take a look at the list below to see where your Hawaii dollar will go the furthest. Population: 45,248Rank Last Year: 1 (Down 1)Home Price To Income Ratio: 5.2x (6th most affordable)Income To Rent Ratio: 59.9x (43rd cheapest)More On Hilo: Real Estate|Cost Of Living. The Dallas address listed for the tax bill, however, is the same as for Kitano Capital, which was incorporated by financier Ellis Short in 2007. Part of the mansion's lushly planted acreage is devoted to a working farm of coconuts, bananas, white pineapple and citrus trees. Kukio, Built in 2015, this home is pretty much brand new, with an abundance of contemporary and modern features. 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. For starters, the median rent in Kapaa is $1,541, well below the statewide average. If you wish to report an issue or seek an accommodation, please let us know. Maui County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to Hawaii as a whole. 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. Here, the land definitely outweighs the house. Kahului-Wailuku-Lahaina, HI: 9 #3. These pricey properties are not high-rise condo time shares. You can't put a price on these beach views. Ewa Gentry is in line with this, with a cost of living about 70% above the U.S. standard.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'homesnacks_com-leader-3','ezslot_18',114,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-leader-3-0'); The town becomes more affordable when you take the overall economy into account. Hey, it doesn't hurt to dream, right? Long-running horizontal windows cover the walls to give a clear view of the Hawaiian beach from multiple angles. Your Email address will be kept private, this form is secure and we never spam you. Enjoy the view. Now state leaders are ready to start opening back up to visitors. In fact, residents of Waihee-Waiehu pay the eighth lowest percentage of their income on homes, and the third lowest on rent. S Kalaheo, Kailua, Oahu (MLS# 201510589), Hale Komodo is located beachfront on Oahus famed North Shore. Some of the most luxurious and breathtaking homes in the world are in Hawaii. Searching cheap houses for sale in Hawaii has never been easier on PropertyShark! Hanalei, The sprawling ranch sits at the foot of Mount Namahana and is filled with waterfalls, two custom truss bridges, stables, pasture, and forest areas. Is it your dream to be right on the ocean? However, the median household income is $52,000. Buyouts have been good for Roberts: Forbes ranked him No. Known as Hale Palekaiko or House of Paradise, this beachfront estate sits on world-famous Kailua Beach, on Oahus East Side. If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. 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. Kailua. Idaho has one of the highest homeownership rates in the country, with 70.4% of its residents owning their homes. 4. North Shore, 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. This is one of the few properties on our list that sold for less than its assessed value. It has bent the curve and kept COVID-19 cases relatively low. . Hilo Hilo is the largest city on the Island of Hawaii. The average price of a budget hotel can range from $130 - $165 per night. The asking rent for a typical unit in Hawaii is even higher, with vacant units asking $2,850 for new renters. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. Most of the most expensive homes on Kauai are located on Kauai's north (Kilauea and Princeville) or south shores (Poipu). There are two guest cottages, a wine cellar, media room, office, pool, and spa. What is eye-catching, however, is the median home value. Here are the top ten most expensive homes currently available for purchase in Kaneohe (Oahu).
The cost of living in Hawaii is 20.0% higher than the US average. The property integrates the newest home technology with a modern entertainment unit and electric car charging docks. 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. It is casually referred to as Hale Palekaiko, meaning House of Paradise. However, when you are a homeowner in Hawaii, it gets pretty expensive. We knowthat sounds high. For starters, they are the most expensive to purchase. We used data and science to determine which places in Hawaii go easy on your wallet. Haleiwa, Zillow, Inc. holds real estate brokerage licenses in multiple states. The 11,379 residents of the town can enjoy Nanakuli Beach Park or head inland to the Nanakuli Forest Preserve. 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. Stacker compiled a list of zip codes with the most expensive homes in Hawaii using data from Zillow. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. There is plenty of land to add outdoor sports courts or additional buildings. 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. But this is Hawaii, where property is expensive. 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. 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. Although Kaneohe 's median home value of $627,500 is higher than the state average, its median household income - $81,907 - is well above the national average, making it an affordable option for many people. Over 7 acres of land, and 1,000 feet of ocean frontage, with a 7 BD/7.5 BA 10,000 SF home. 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. Homes in Waimea go for about $462,800, the eighth lowest in the state. 9 Bay Dr, Lahaina, HI Price: $37,500,000 Hawea Point: Spectacular and spanning 10 acres in West Maui, this. You can download the data here. Nanakuli is located on the island Oahu, about a 40-minute drive down the coast from Honolulu, the state capital and its biggest city. Boasting a unique custom Koa wood outrigger canoe, giving the true essence of Hawaii lifestyle. The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. So, want to know where you can afford to splurge on the Big Kahuna Burger and still be able to cover your cost of living in Hawaii? It includes multilevel outdoor seating and living areas, including a covered lanai, dining space, and sprawling decks. 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.. Please switch to a supported browser or download one of our Mobile Apps. The oceanfront property has a huge living space of about 9,416 sq ft featuring a 10ft crystal chandelier. The bar starts at $16 million and goes up from there. It includes a swimming hole, barn, covered arena, main house, ranch managers house, and many more features. Nearly every room includes a large picture window to take in the views, including vistas of Hawaiis classic turquoise surf, volcanic mountains, and the historic Kilauea lighthouse. 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. At the other end of the spectrum, $100 in Mississippi is worth $115.74, or 15% more than their incomes suggest. Leave your opinion here. 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. This oceanfront Kukio property grabs the No. 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. 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 This exquisite modern Tudor-style mansion has quite the price tag with a listed price of $175 million. 1 - 24 of 632 Results. The farm manager/caretakers two-bedroom, two-bath residence is nearby and surrounding farmland acts as a barrier between the gated compound and other development. Pete has been working in the trades since high school, where he first developed a passion for woodworking. Oftentimes near the ocean or overlooking the ocean. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. House, ranch managers house, and sprawling decks about $ 462,800, median! 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