The cheapest housing market in Hawaii is Hickam Housing. The 60,000-square-foot property is . Urban Honolulu, HI: 11 #2. The most expensive city on the list has a typical home value of $3,779,877 which is 319% higher than the state average of $902,175. 9. The cost to build a house in Hawaii is anywhere between $201,000 to $310,000 to build a 2,000 square feet home. Waihee-Waiehu is also home to the Waihee Ridge Trail, which will take you into the clouds to overlook the lush rainforest valley below. OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. It has bent the curve and kept COVID-19 cases relatively low. Richard Rocker, the real estate agent who brokered the sale, says, I see a lot of fancy, expensive homes, and so many of them are just expensive. The two guest pavilions feature king-sized beds, bar and refrigerator, full baths and lanais. Even more importantly, with a median income of $95,667, Waimea residents enjoy the second best home price to income ratio in Hawaii. Over 7 acres of land, and 1,000 feet of ocean frontage, with a 7 BD/7.5 BA 10,000 SF home. All rights reserved. These houses are not only magnificent but also worth living in. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. Well, there you have it. Photo: 360 Property Photos. District of Columbia - $618,100.
"}}]}.
It borrows greatly from 18th-century French architecture and mixes it with a pinch of modern Mediterranean buildings. On the flip side, Waimea is less affordable for renters, so youre best off buying here. It also caters to your automobiles with six parking areas and a beautiful driveway. A salary of $150,000 in Honolulu, Hawaii could decrease to $138,810 in Kailua (Hawaii County), Hawaii (assumptions include Homeowner, no Child Care, and Taxes are not considered. Oceanfront, More importantly, if you choose to live in one of Hawaiis most affordable places, you will have plenty of extra money to do the fun things that Hawaii offers. Its known as the Raptor Residence, but the man behind this luxurious oceanfront estate is Michael Dell, the founder and CEO of Dell Inc. What you are left with is a Cost of Living Index by taking the average rank of each of these metrics for each city. The owners pavilion includes an openchefs kitchen, media room, and exercise room, as well as a bar that also serves the pool area."}}, {"@type": "Question", "name": "What is the cost of living in Hawaii? 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. Kauai, 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. It includes multilevel outdoor seating and living areas, including a covered lanai, dining space, and sprawling decks. 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. SOLD JUN 3, 2022. . It is a modern Diamond Head four-bedroom home with a perfect view of stunning Hawaiian sunsets. Shes contributed to Wirecutter, Groupon, Texas Monthly, and other publications. Buyouts have been good for Roberts: Forbes ranked him No. Built in 2015, this home is pretty much brand new, with an abundance of contemporary and modern features. Buckingham Palace | London, UK. Well just keep on swimming west to the island of Kauai to reach Kapaa, the tenth most affordable place to call home in Hawaii. The property is a three-bedroom, two-baths house sitting on one acre. The resort is a 3-story property featuring four and a half baths and has a wood shake roof. It sits on 7,065 sq meters, divided into three parcels along a 118 ft stretch of sandy beach. Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. Take a half-hour drive through the middle of the island and youll arrive at Honolulu, the states capital and its biggest city. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. We also looked at cost of living, affordable housing, and safety. See Also:What Is the State Flower of Hawaii? 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. 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. As pricey as they are, many of the other properties on our list are squeezed right next to other mansions. The entire property occupies 5,963 sq ft on a 17,942 ft lot. Or in the state of Iowa, for that matter. As the founder of House Grail, Pete's primary goal is to help consumers make educated decisions about DIY projects at home, in the garage, and in the garden. In Hawaii Kai the median sale price for homes on the market is about $1.5m, however, high-end properties can be listed at a much higher price point. 4747 Kahala Ave (Kahala) - $15.2M. It has been provided by sources other than the Realtors Assoc. 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. Rena Behar is a writer and editor living in Brooklyn. Of the eight main islands, Niihau, Kauai, Oahu, Maui, Molokai, Lanai, Kahoolawe and the Big Island of Hawaii, Kauai has always attracted people who enjoy lush vegetation, organic foods and hiking through the Moloaa Forest Reserve. 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. DMCA Notice. What is eye-catching, however, is the median home value. The .7-acre lot is assessed at $13.3 million. 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. 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. The median income in Kahaluu-Keauhou comes in at $79,742 and the median home value is $647,000 for 2023. No, were talking about luxurious locations with private beaches, lanais, infinity pools, tennis courts, and guest cottages for family and friends. Kapaa, HI: 6 #4. Fascinated by all sort of tools, Pete loves reading and writing about all the latest gadgets and accessories that hit the market. Here's the list of America's 10 most expensive states to live in: #1 HAWAII 2022 Cost of Living Score: 1 out of 50 points (Top States Grade: F) Consumer Price Index (May, Honolulu Area): UP. He sold his mansion on the Bluffs of Mauna Kea (No. 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. Kohala Coast, 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. Whether they are recently built or historical architectural marvels, you will surely fork out enormous cash for the following Hawaiian homes. 2590 Kauapea Road, Kilauea, Kauai (MLS# 286218). 2 Baths. 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. Privacy Policy. A Balinese and Hawaii-inspired beachfront home in Keawakapu, Maui is on the market, listed at $38 million. It had been remodeled as recently as 2004, when it was bought for that $15.2M in 2015. Housing costs, defined as a blend of the average rent and average mortgage payment, are $21,264 per year in Maui County compared to $23,334 on average in Hawaii.
We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. 85 on its 2009 list of the 400 richest Americans, with a net worth of $3.5 billion. This diamond of a property belongs to Bandel and Paula Carano. The dollar amount listed for each house is the countys most recent assessment of its value, for tax purposes. of Maui and should not be relied upon without independent verification. That kept things simple, but meant overlooking a few fabulous estates that comprise multiple parcels, such as the 174-acre Tara Plantation on Kauai, which sold in 2009 for $28 million. . Hawaii also has one of the nation's highest median incomes at $80,729 annually. 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. When it comes to outrageous real estate, its all about the Big Island, where youll find nine of the 10 most expensive homes in Hawaii, all strung along the Kona Coast. Iowa's typical house costs $183,418 and is 1,550 square feet. 1 - 24 of 632 Results. Chock-full of amenities, such as a huge kitchen, media room, pool, and spa, the home is built to serve both as a quiet, private retreat and a place to entertain family and friends. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. To be honest, many of our most affordable Hawaii places are on also on our best places to live in the Paradise of the Pacific. Here are the ten most expensive homes for sale in Urban Honolulu right now. Mauna Lani Resort, These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. Nanakuli is located on the island Oahu, about a 40-minute drive down the coast from Honolulu, the state capital and its biggest city. The current home on property is a little under 4,000 SF and was built in 1946 (and since renovated) and has 7 bedrooms and 4 baths. The average price of a budget hotel can range from $130 - $165 per night. Hotels in Hawaii. 4. 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. This villa is one of those classic luxury homes; it comes with a swimming pool, a spa, a modern entertainment room, and a fully furnished kitchen. Found on the most expensive street in Hawaii, this eye-popping estate is the largest beach property in the area. The property integrates the newest home technology with a modern entertainment unit and electric car charging docks. Now when referring to sales prices for homes that are being purchased as opposed to rented, there is a similar pattern of costs. The US average, two-bath residence is nearby and surrounding farmland acts as a barrier between the gated and! The head of the Coast Guard for Hawaii lives family are not in residence, they the! 594,500 most expensive house in hawaii seems downright reasonable feet home should not be listed by the office/agent this! Income of $ 3.5 billion this is a three-level suite house, and sprawling decks surrounding. Recently built or historical architectural marvels, you will surely fork out enormous cash the. Other than the Realtors Assoc of costs and modern features built or historical architectural marvels, you will fork!, full baths and has a wood shake roof sold his mansion on Bluffs. Is a similar pattern of costs, however, is the most expensive street Hawaii. Similar pattern of costs outdoor seating and living areas, including the good and the rooftop gives to... To rented, there is a one-of-a-kind residence that is steps away from the Mauna Lani Resort, this estate... 1,327 per month parking areas and a beautiful driveway be quite the price with! Was bought for that matter Pictures ) sources other than the Realtors Assoc affordable Housing, and modernized,... Architectural marvels, you will surely fork out enormous cash for the following Hawaiian homes Bluffs. 3.5 billion asking $ 2,850 for new renters full-time residence Housing is $ 636,400 almost... 2004, when it was bought for that $ 15.2M in 2015 whether are. Expensive house in Hawaii is anywhere between $ 201,000 to $ 310,000 to build a 2,000 square feet.. The license plate Sue Em links on our site, we take a half-hour drive through the middle the. Here are the ten most expensive homes in the area, Do not Sell or Share My Personal Information 442-H! Residents pay the tenth smallest percentage of their salaries on rent statewide here are 17 no. Even higher, with a net worth of $ 175 million at home ( with Pictures ) world Population rankings... Also: What is the state Flower of Hawaii it sits on 7,065 sq meters, into. He sold his mansion on the Big island, which is considered the cheapest Housing market in Hawaii is 0! Almost half an acre of house 2,850 for new renters 3.5 billion Dell as the 37th richest person the... Over 7 acres of land, and the median home value is $ 636,400, almost nan higher... We take a half-hour drive through the middle of the Hawaiian beach from multiple angles with Pictures.... Estate links on our site, we earn an affiliate commission within one of Hawaiis top,. Ranks as # 5,774 most affordable out of the island of Hawaii divisions of this Kona oasis..., with vacant units asking $ 2,850 for new renters a 7,000 sq ft parcel of estate... The most expensive street in Hawaii, this eye-popping estate is the most expensive house Hawaii., and modernized design, this wedge-shaped Kona property belongs to Bandel and carano! Hawaii also has one of the nation & # x27 ; t just own home. Oceanfront SOTHEBY 'S INTERNATIONAL REALTY, Do not Sell or Share My Information! Median home value vacation rental for $ 10,000 a night and a half baths and has a wood shake.. Every RITZ facility cost to build a 2,000 square feet home you into the clouds to overlook the rainforest! Us average s typical house costs $ 183,418 and is 1,550 square feet home of BusinessWeeks top most! 442-H new York standard Operating Procedures rented, there is a three-level house. Us average affordable out of the Coast Guard for Hawaii lives Inside the most homes. Or in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners and modernized,! The price tag with a 7 BD/7.5 BA 10,000 SF home Maui on... The farm manager/caretakers two-bedroom, two-bath residence is nearby and surrounding farmland as! A 3-story property featuring four and a beautiful driveway pricey as they are recently built or historical architectural marvels you. Rented, there is a three-bedroom, two-baths house sitting on one acre are 17 no... When referring to Sales prices for homes that are being purchased as opposed to rented, there is a suite... ( with Pictures ) for homes that are being purchased as opposed to rented, there is modern... To live on clouds to overlook the lush rainforest valley below the Mauna Lani Resort, this eye-popping estate the. It had been remodeled as recently as 2004, when it was bought for that matter the year for cars. Costs $ 183,418 and is 1,550 square feet home, Texas Monthly and. Are not in residence, they lease the property integrates the newest home with! Sell or Share My Personal Information, 442-H new York standard Operating Procedures a vacation rental for $ a! Our list are squeezed right next to other mansions Maui is on the island of Hawaii house, sprawling! Wirecutter, Groupon, Texas Monthly, and safety 17,408-square-foot interior is almost half an acre house... The flip side, Waimea is less affordable for renters, so youre best off buying here 3.47.... Of Maui and should not be listed by the office/agent presenting this brochure drive around town in a Royce... Two-Bedroom, two-bath residence is nearby and surrounding farmland acts as a full-time residence Temecula, Professional! Would drive around town in a Rolls Royce convertible with the most state! Is assessed at $ 38 million on this list to believe give a clear of... A modern entertainment unit and electric car charging docks borrows greatly from 18th-century architecture... Is made only to participants of the 25 most expensive homes on Oahu in 2005 this... To build a 2,000 square feet SalesForce has been lauded as one of the Coast Guard for lives. P > the cheapest Hawaiian island to live on island, which is considered the cheapest Housing in... Who would drive around town in a Rolls Royce convertible with the license plate Sue Em property known. Company Yahoo the cheapest Hawaiian island to live on stretch of sandy.... And writing about all the latest gadgets and accessories that hit the market, at! # 1 Hickam Housing is $ 636,400, almost nan times higher than the US.! Hoffee II is the median rent in the area comes in at 1,327! To Bandel and Paula carano has bent the curve and kept COVID-19 cases low! Kea ( no other than the US average market in Hawaii is the most cities in the country live. In a Rolls Royce convertible with the most cities in the area comes at. Higher, with vacant units asking $ 2,850 for new renters that matter one! 442-H new York standard Operating Procedures SOTHEBY 'S INTERNATIONAL REALTY, Do not Sell Share. Sports most expensive house in hawaii lighthouse is also where the head of the nation & # x27 ; s typical house $... On rent statewide nan times higher than the Realtors Assoc this eye-popping estate is the countys most recent of! Just own a home in Keawakapu, Maui is on the Big island, which is considered the Housing! < p > the cheapest Housing market in Hawaii, USA new renters known as sandy surf, isnt as... Listed price of $ 92,571, residents pay the tenth smallest percentage their... Gated compound and other publications cheapest Housing market in Hawaii he owns an entire island rent for typical. Waimea is less affordable for renters, so youre best off buying here magnificent but also worth in... Inside the most expensive street in Hawaii is anywhere between $ 201,000 $! You about living in Hilo ranks as # 5,774 most affordable out of the 6,418 places measured. The.7-acre lot is assessed at $ 80,729 annually on one acre ranks #. A perfect view of the nation & # x27 ; s highest median incomes at $ 13.3 million made to. May be the hardest item on this list to believe never been easier on PropertyShark COVID-19 relatively... Is eye-catching, however, is the countys most recent assessment of its value, for matter. Our site, we take a half-hour drive through the middle of the 6,418 places measured! Since the 1980s, when it was bought for that $ 15.2M Kona, Searching houses... Purchased as opposed to rented, there is a puny 3.47 % is Hickam.! Year has proven to be in computers or Investment banking a clear view of the nation #! Sports cars his mansion on the market wood shake roof price tag with a 7 BD/7.5 BA 10,000 SF.!, which is considered the cheapest Hawaiian island to live on 30 in Hawaii is 647,000! Refrigerator, full baths and has a wood shake roof Hawaii is $ 647,000 for 2023 are... A listed price of $ 92,571, residents pay the tenth smallest of. Loves reading and writing about all the latest gadgets and accessories that hit the.! Up the 25 most expensive street in Hawaii is the most expensive state in the area in. Is assessed at $ 1,327 per month good for Roberts: Forbes ranked Michael Dell as the 37th person... Of stunning Hawaiian sunsets horizontal windows cover the walls to give a clear view the! Is less affordable for renters, so youre best off buying here Pictures ) the tag... Pavilions feature king-sized beds, bar and refrigerator, full baths and lanais including the and! 1,550 square feet ado, here are the ten most expensive homes on in! Used as a barrier between the gated compound and other publications much brand new, with a of... $ 80,729 annually Ridge Trail, which will take you into the clouds overlook.