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. However, these views come at a cost and drive the prices of properties in those areas sky high. How things have changed. Kauai, alternatively known as the Garden Isle, is geologically the oldest of the chain of main Hawaiian islands. These days, hes also on the board of directors of Kratos, a federal defense and security contractor, as well as a laundry list of other public and private corporations. The new buyers could potentially add more homes, athletic courts, pools, or whatever else their imaginations may come up with in this tropical paradise. Kohala Coast, Copyright 2016, Hawaii Information Service. Kamuela, 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. Oftentimes near the ocean or overlooking the ocean. His other interests include astronomy, hiking, and fishing. There are multiple master suites, and many features accentuating the luxury of this property.

The cheapest housing market in Hawaii is Hickam Housing. But comparatively speaking, putting down roots in Ewa Gentry is relatively reasonable. TV Showrunner John Wells Selling $40.5M Ranch on Kauai's North Shore, Barack Obama's Childhood Home in Honolulu Sails Onto the Market for $2.2M. Population: 11,379Rank Last Year: 7 (No Change)Home Price To Income Ratio: 5.1x (4th most affordable)Income To Rent Ratio: 49.9x (52nd cheapest)More On Nanakuli: Real Estate|Cost Of Living. It borrows greatly from 18th-century French architecture and mixes it with a pinch of modern Mediterranean buildings. He started the company in 1981 and its today headed up by his daughter, Jenise Luttgens. The land is currently valued at $14.3 million. Guy Laliberte, the founder of the internationally known circus, is worth $2.5 billion, according to Forbes most recent list of the worlds billionaires. Built in 2015, this home is pretty much brand new, with an abundance of contemporary and modern features. Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959. 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. Owners Charles and Elizabeth Thieriot frequently rent the place out for extravagant vacationers. 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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. And they get these natural wonders on the cheap. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Weisel is a three-time world masters cycling champion. However, when you are a homeowner in Hawaii, it gets pretty expensive. While Waimea has all the usual island-y things to do, it also hosts a number of farmer's markets that pull folks from near and far. For starters, the median rent in Kapaa is $1,541, well below the statewide average. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. If youre looking at the cost of living numbers in Hawaii, this is an accurate list of the most affordable places to live in Hawaii for 2022. Built in 1996, the turnkey eight-bedroom estate features over 12,000 square feet of indoor and outdoor living spaces. 9 Bay Dr, Lahaina, HI. No, were talking about luxurious locations with private beaches, lanais, infinity pools, tennis courts, and guest cottages for family and friends. The property has recently, as of 2016, undergone repair and maintenance on areas such as roofing, painting, heating, and electrical work. And about that neighbor: Zuckerberg made headlines in 2014 when he purchased a whopping 700 acres in Kilauea for $100 million as a vacation getaway. Antilia | Mumbai, India. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. It also has an extended living space through the mahogany furnished doors. Alabama's Most Expensive Home Is a Secluded Golf Retreat for $7M, Your Special Island? Diamond Head: This gorgeous Oahu property is located at the end of a private street and right next to Doris Dukes famed Shangri La estate. 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. Metros with the most cities in the top 30 in Hawaii #1. View More Data > The six-bedroom main house was built in 2001. It costs $34,000 more on average to construct a new home than to buy one. Caranos Kukio house may look compact compared with many of the other Kona estates, but it packs a lot into the more-than- 14,000-square-foot interior: the house is valued at $18.2 million, almost five times as much as the land on which it sits. What is eye-catching, however, is the median home value. It is a quite good way to save some money. 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. All rights reserved. ", "acceptedAnswer": { "@type": "Answer", "text": "

Kailua. Waimea is located in the northern part of the Island of Hawaii. It is on a 2,386 sq ft plot. Kai Moena, "House of the Resting Sea," listed for $30 million, is the most expensive home currently available on O'ahu. This home has three bedrooms, each with a bathroom suite offering a view of the mountain ranges and mesmerizing ocean waves. The six-bedroom main house was built in 2001. This droolworthy collection of the 10 most expensive homes in Hawaii will have you swearing theres a faint whiff of coconut oil in the air. What is the cheapest housing market in Hawaii? See property outline below. Oahu, 4. Surprising? The owner of this lavish Kona estate is, to our knowledge, the only one to have owned two of the houses on this list (even if it wasnt simultaneously). Enjoy the view. Most of the most expensive homes on Kauai are located on Kauai's north (Kilauea and Princeville) or south shores (Poipu). Honolulu. 4. 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.. 72-2747 Uluweuweu Akau Pl, Kailua Kona house was sold in December 2020. And as far as bang for your buck goes, having the Ko Olina Lagoons in your backyard is a big plus. Found on the most expensive street in Hawaii, this eye-popping estate is the largest beach property in the area. 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. One of a series of affluent housing developments built on the western side of Pearl Harbor, Ewa Gentry, Hawaii, provides access to the good life. >Cost of living in Hawaii: 12% more expensive than U.S . Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. Kilauea, House Grail is reader-supported. It has bent the curve and kept COVID-19 cases relatively low. The median income in the area comes in at an eye-popping $112,385. Hawaii Average House Price (Median Home Price) The value of an average median home is $860,000, making it the most expensive state. Youd have a tough time believing that youre living in one of the most expensive states in America if you just moved to Kapaa. 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. 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. 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