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. Honolulu HI Luxury Homes For Sale - 1253 Homes | Zillow 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. The home is on the market for $799,000. Arguably the Most Beautiful Beach in Hawaii, Hanalei Bay boats a 2-mile stretch of White Sand and 3 Beach parks. 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. What $5 Million Can Buy You in Hawaii - Haute Residence by Haute Living The dollar amount listed for each house is the countys most recent assessment of its value, for tax purposes. This enchanting Balinese-inspired Hawaiian real estate has a stunning outdoor area comprised of a koi pond, oceanfront pool, and waterfall. According to Curbed, she purchased a 23,000-square-foot home also in Montecito for a reported $50 million back in 2004.The home was . Every detail of these homes from the wood accents and outdoor showers to the carving on the kitchen ceiling and copper roof makes them dreamy. 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. Haena Point serves as the perfect gateway between Mauka (Mountains) and Makai (Ocean). What we love: Anini is home to Hawaiis largest coral barrier reef. However, some of the biggest master-planned communities on Oahu are now in relatively early stages of producing hundreds of homes subject to the older, higher limit. 1. Property listed by List Sotheby'S Int'L Realty. Print subscriber but without online access? 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. Brokerage. This home features a private elevator, unsurpassed 360-degree views, a private rooftop infinity pool, sky lanai with outdoor kitchen and pool house, and 4-car garage. Lifestyle, In Hawaii Kai, supply is low and competition is high with many properties selling for more than their listed price. La Follia, a massive mansion in Palm Beach, Fla., closed this year for $110.25. 87-3163 Hawaii Belt Rd, Captain Cook, HI 96704 - 1 bed/1 bath Owners Charles and Elizabeth Thieriot frequently rent the place out for extravagant vacationers. The dollar volume of $1.1 billion was 158% more than the year before, according to the Compass report. Were always looking forward to meeting with eager investors such as yourself and do our best to deliver top-quality service to our customers. 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. Privacy Policy. 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. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. So when it comes to purchasing beachfront real estate on Maui, make sure you work with our team of talented agents so we can get you into your dream home as soon as possible. After all, a $1 million home loan with zero down payment and a 4.16% interest rate has an estimated monthly mortgage payment of $6,000 that's a lot more than the average homebuyer can afford. Leave your opinion here. Real Estate, Learn more. We have 3,212 luxury homes for sale in Hawaii, and 466,097 homes in all of United States. Oahu boasts some of the world's finest homes--and some of the world's heftiest home prices. 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. Japanese corporation Mint Yugen Gaisha picked this one up for $29 million in 2006, making it one of Hawaiis largest residential sales of the past decade. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved Shown. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 75-5916 Alii Drive This home ( MLS# 250280) is old Hawaii-style with a covered lanai running the length of the home. Listing provided by Hicentral MLS $19,500,000 4 bds 6 ba 4,228 sqft - Active 285 days on Zillow 4607 Kahala Ave, Honolulu, HI 96816 HAWAII LIFE. It's a primal human urge to live by the water, where the endlessly changing vistas of clouds and sky, sea, lake, and river enhance the rhythms of daily life. Youll have access to thousands of homes for sale that are currently on the market. We will pre-fill the registration form with information in our files. Makakilo's median single-family home price rose 26%, from $786,000 in January 2021 to $994,000 this year. Sorry for the inconvenience, Locations LLC. The 25 Most Expensive Homes in Hawai'i - Honolulu Magazine The Super Rich Are Buying $100 Million Homes. For Some, One Isn - WSJ }(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. Brokerage. 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. We will not rent, share, or sell your information. CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM. $1,395,000. Here's What A $1 Million Home Looks Like In All 50 States - BuzzFeed Check with the applicable school district prior to making a decision based on these boundaries. Dont believe it? Due to local MLS regulations, you will need to re-register if you would like to continue your access. [The owner] wanted the design to reflect that Barcelona style, recalled Yamamoto when HONOLULU interviewed him in 2005. As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. Now asking $4.9 million, the four-bedroom property boasts ocean, tri-island and harbor views. Since 2007, 20 homes have sold for once unthinkable nine-figure price tags, though many more have tried and failed. Market Update, Well, just check out this multi-million dollar property located in Kapalua. Of course, you'd surely want to spend all of your time outside soaking up both the sun and the view. What I love: In conclusion, 9 out of the 10 homes are located on Kauais green and lush North Shore. under roof Designed by world-renowned architect, Bing Hu These formulas are out of whack, StormoGipson said. Oprah Winfrey's Many Multimillion-Dollar Homes, From Chicago to Maui Other features include 50-foot-long glass windows, a practice green, a barbecue area and a state-of-the-art audiovisual system, says local architect Toshi Suzuki, who designed the mauka side of the property in 2000. 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. Professional protocol requires agent to set up an appointment with the d.getElementsByTagName('body')[0].appendChild(js); The highest price recorded for one property in Hawaii last year was $45 million for a beachfront home on Maui, one of the highest prices ever for a home in the Islands. The dollar volume of $1.1 billion was 158% more than the year before, according to the Compass report. Seventy-eight Hawai'i sales closed in that stratosphere in 2021, more than three times the number that sold in 2020. 1 million dollar homes in hawaii - crownxmas.com 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. Amenities: The villa surrounds a 900 sq. 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 Share this property by completing the the form below. But home size has remained the most stable in Mililani, shrinking by . Please switch to a supported browser or download one of our Mobile Apps. 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. On this compound youll find: The Seacliff Plantationhas 48 building sites ranging in size from 3 to 10 acres. 9 Gatsby-Worthy Mansions You Can Buy for Under $1 Million 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. Check out our teams current North Shore listings. Aptly named after the quiet waters of the Anini lagoon, Wailana Mlie is a truly timeless Polynesian estate. It also has private stairs to the beach, gated entry, two oceanfront master suites with private lanais, a media room, spa and lush tropical landscaping. If you have any questions about these beachfront properties in Hawaii or other listings, make sure to contact us today. Price: $20.9 million. On JamesEdition you can find luxury homes in Australia of any size between 1 and 9 bedrooms with an average of 321 in size. 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. Anini Kai this North Shores Hollywood-esque estate overlooks Anini Beach and the mountains surrounding Hanalei. 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. 87-3163 Hawaii Belt Rd is a 1,024 square foot house on a 5 acre lot with 1 bedroom and 1 bathroom. Moving here? Kilauea proves time and time again a favorite getaway for celebrities, and this home shares its Aloha with many of them. http://locationshawaii.imgix.net//locationsimages/logo.png. There are only about five single family homes and 25 condos selling for around $1 million. The 25 Most Expensive Homes On Oahu - Leis of Hawaii Hawaii, HI Homes for Sale & Real Estate | Point2 The 15.3-acre. new construction listings and access our free white papers and buyer guides. This Hawaiian home may cost $4,495,000, but it's surely worth every penny. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. 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're interested in becoming a Hawaii homeowner, we encourage you to begin our smooth and secure application process. What wows me: Large land offering at nearly 22 acres with a breathtaking, private view. Activate your Digital Account now. At about eight times that price, some $1.5 million homes offer uncommon amenities, such as sweeping ocean views, grand. The most expensive single-family home currently for sale on Oahu sits on 2 acres of enviable oceanfront land fronting Kailua Bay in the Beachside neighborhood. You get 8 acres of privacy in the middle of a resort. 1118 Ala Moana Boulevard, GPH 35, Honolulu|MLS #:201629077. Median property tax rates in the U.S.. Three factors household income, family size and interest rates are mainly used to compile annual housing affordability tables. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. At least eight homes on the North Shore of Kauai each sold for more than $20 million. That's not to mention the dolphins that tend to swim around the residence. OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. That said, this figure is higher than in the nation's 50 largest metros, where an average of only 4.71% of homes are worth $1 million or more. Golf Course, By NANCY COOK LAUER West Hawaii Today | Friday, May 1, 2020, 12:05 a.m. Share this story. In San Francisco, another tech hub, more than 36 percent of homes were valued at $1 million or more, with a median value of $840,600. 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. Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. questions. Perry says some ultra-high-end buyers who may have looked at the Neighbor Islands in the past are now checking Oahu. Edit: I just googled the property tax rate in New Jersey (2.49%) and Hawaii (0.28%). Ft. 2336 Beckwith St, Honolulu, HI 96822. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. Listing provided by Hicentral MLS $17,000,000 Charles Kip Thieriot, now retired, is a member of the prestigious family that founded and ran the San Francisco Chronicle, and was himself the president of Western Communications. 3215 Diamond Head Road, Honolulu|MLS #:201709585. Next August 13th, 2019 Erin Delgado Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. Are you interested in a real estate career in Hawaii? Millionaire households: 47,279 Total households: 1,131,470 Concentration of millionaires: 4.18% Rank: 51 (Unchanged from last year) Median income for all households: $44,717 (U.S. median: $61,937). Please contact your agent for access to LocationsHawaii.com. 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. Vijay Singh's $23-million Hawaiian oceanfront estate is up for sale 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. This five-acre west-Maui estate is located in the exclusive gated community of Pu'unoa Estates. Popular locations in Australia that also could be worth exploring are Sydney, Mosman, Strathfield, Brisbane City and Glenorie. 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. 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). 6 bedrooms * 9 full and 2 half bathrooms * 11,938-sq.-ft. interior * 33,306-sq.-ft. lot. Homes: What you can buy for $1.5 million - CBS News . About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. That limit equates to $123,480 for a single person and $176,260 for a family of four. Cheng & WCIT Architecture, along with internationally acclaimed interior designer Tony Ingrao, this home rivals the great penthouses across the globe. An average of only 5.36% of the owner-occupied homes in the nation's 50 most expensive towns are valued at $1 million or more. Indeed, the "art farm" is unlike anything you've ever seen before. Weisel is a three-time world masters cycling champion. This information is believed to be accurate. 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. The agent who gave you access to this website is no longer with Locations LLC. 51 Kaikea Place, Kailua 96734 | MLS #:201715306. Whether youre checking out Wailea, Makena, Kihei, Maalaea, Kaanapali, Kapalua, or Lahaina, each destination location is near some of the worlds best luxury resorts, world-class golf courses, plenty of fine dining, and high-end shopping, so youre never far from all the island excitement. Copyright 2023 HiCentral MLS, Ltd of living space, Designed after the iconic St. Regis Hotel, Sand-bottom spa and a man-made sandy beach for the keiki (kids), 15-acre compound spanning an ocean bluff on Kauais North Shore, The licensed vacation rental can be yours for a nightly basis averaging $8,000, Inspired by Balinese architecture, the main house is composed of 4 pavilions, each connected by covered breezeways, Private walking path down to Secret Beach, Main house +10,000-Sqft.