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 founded the San Francisco-based investment banking firm Thomas Weisel Partners Group. Here are the most expensive homes currently for sale on each Hawaiian island (with the exception of Ni'ihau, which is privately owned, and Kaho'olawae, which is uninhabited). John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Stacker compiled a list of zip codes with the most expensive homes in Hawaii using data from Zillow. Expanding the scope to all of Hawaii has raised the stakes considerably: While the top property in 2005 was assessed at $15.2 million, that number wouldnt even get you on the bottom rung of this years list. Buckingham Palace | London, UK. The town represents the number 7 most affordable spot to live in the state. DMCA Notice. But dont worry: Waimanalo represents the number 8 most reasonable place to put down roots in Hawaii. 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. This house is the most famous building by the award-winning architect Peter Vincent. Out of the 10 homes on this list, only 2 have over 10 acres of land included in the sale. It comprises two residencies, and the main one has four bedrooms and four and a half baths. Labor Expenses Are High. Kaneohe. While the competition was fierce, there can be only one number one most affordable to live in Hawaii for 2022. AN ELITE CAFEMEDIA LIFESTYLE PUBLISHER. One note: We restricted this list to single parcels as defined by the county tax offices. Guy Laliberte, the founder of the internationally known circus, is worth $2.5 billion, according to Forbes most recent list of the worlds billionaires. If that is not enough, it has a direct view of the coast, its sandy beaches, and the neighboring harbor. This exquisite modern Tudor-style mansion has quite the price tag with a listed price of $175 million. The land is currently valued at $14.3 million. . Given these numbers, a median home value of $594,500 suddenly seems downright reasonable. . The 15.33-acre property comes with one main house, two guest pavilions, and a caretakers residence. For buyers on the huntfor luxurious island property (and who isnt, really) and who have always wanted the opportunity to run into Mark Zuckerberg ontheir way to pick upa morning coffee, this may betheir opportunity. View More Data > 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. 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. For starters, the median rent in Kapaa is $1,541, well below the statewide average. So we used that cost of living index in order to rank all of the 51 places in Hawaii that have more than 5,000 people. This ocean bluff estate is located on the North Shore of Kauai above Anini Beach. High-end resort-quality amenities include a lagoon pool, tennis court, sauna, media rooms, and fitness facilities. The Kahala area does offer some of Oahus choicest property, and this three-parcel lot looks like a prime development opportunity. Keep reading. 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. Continue with Recommended Cookies. The county in Hawaii with the lowest cost of living is Maui County. S Kalaheo, Kailua, Oahu (MLS# 201510589), Hale Komodo is located beachfront on Oahus famed North Shore. Asking price: $29,500,000. For awesome views of Mount Waialeale and jungle valleys, definitely check out the Kuilau Ridge Trail in Kapaa.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'homesnacks_com-leader-4','ezslot_19',115,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-leader-4-0'); Population: 9,961Rank Last Year: 6 (Down 4)Home Price To Income Ratio: 6.2x (2most affordable)Income To Rent Ratio: 60.1x (17th cheapest)More On Kapaa: Real Estate|Cost Of Living. The .7-acre lot is assessed at $13.3 million. Built in 1996, the turnkey eight-bedroom estate features over 12,000 square feet of indoor and outdoor living spaces. 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. Like much of the rest of the island, it has a resort atmosphere. This imposing four-bedroom house has a two-story living room, a fully furnished professional kitchen, and a five-story glass elevator. Nobody has this. The property is officially owned by Palekaiko Limited Partnership, the Montreal office of which is the same as the headquarters of Cirque du Soleil. Take a half-hour drive through the middle of the island and youll arrive at Honolulu, the states capital and its biggest city. What county in Hawaii has the lowest cost of living? Homes in Waihee-Waiehu go for about $572,900 and the mediant rent is $1,446/month. What To Know. The house is situated within a short walking distance from the Kohaniki Clubhouse. 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. This exquisite piece of architecture was designed by James Cheng, while Tony Ingaro did the interior decorations justice by bringing out its elaborate fixtures and finishes. 10 most expensive homes in Urban Honolulu Homes for sale in Urban Honolulu have a median list price of $665K, but luxury homes can be listed for much more. Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. The oceanfront property includes access to an 18-hole golf . Enjoy an exquisite two-story glass window view, a private pool, an all-service spa, a fully stocked gym, and an elevated dining place. The asking rent for a typical unit in Hawaii is even higher, with vacant units asking $2,850 for new renters. 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. The long beaches of Hawaii offer great sites to build homes with architectural uniqueness and curiosity. Within the last few years the Garden Isle has become increasingly popular. Hawaii island is once again the most affordable option, while Oahu is by far the most expensive. 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. All the more reason to snap up an offering like this 296 Gray Head mansion while you can. Kailua, Palauea Beach: Newly constructed in West Maui, this contemporary four-bedroom beach house, which comes fully furnished, includes a lanai, high ceilings, and custom craftsmanship throughout. And they get these natural wonders on the cheap. If you want to own one of the top expensive homes in Hawaii, it helps to be in computers or investment banking. All rights reserved. Currently operated as a business (Silver Falls Ranch), this property could be bought as an investment, by continuing the ranch commercially, or bought to enjoy your private equestrian retreat. 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. If you remember correctly, we mentioned that the housing prices are very high in Hawaii. This luxury property sits on a 7,000 sq ft parcel of real estate. Located on a little over an acre, this 3 BD/2.5 BA home is just steps from the Pacific Ocean. The home is now owned by Houston-based Fayez Sarofim. Big Island, Waimea is located in the northern part of the Island of Hawaii. Hilo. Under his management, the venture-capital company has invested, quite successfully, in tech-based startups; its portfolio includes a grab bag of up-and-comers in software, healthcare and computer technology. Larry Ellison doesn't just own a home in Hawaii he owns an entire island. Here, the land definitely outweighs the house. See also Building Costs Per Square Foot in the State of Georgia, USA Golf getaway: On the Big Island, this nearly 1.5-acre lot of oceanfront paradise comes with the opportunity to apply to the Kukio Golf and Beach Club. If you do decide to settle down in Waianae, youre in luck, because it has the fourth cheapest homes in Hawaii. And the other is a one-bedroom/one-bathroom guesthouse. 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. Consisting of 10 separate parcels, this park-like estate is truly a private compound. The bar starts at $16 million and goes up from there. Mountain View, Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. 2 most expensive house, for example, is officially owned by Kukio Limited. 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. You might spend more on housing, but you have more money overall to play with. Part of the mansion's lushly planted acreage is devoted to a working farm of coconuts, bananas, white pineapple and citrus trees. At the other end of the spectrum, $100 in Mississippi is worth $115.74, or 15% more than their incomes suggest. Ft. 5371 Oio Dr, Honolulu, HI 96821. What is the cheapest housing market in Hawaii? Out of the 50 American states, Hawaii is the 8th smallest in size and the 11th least populated, but the 13th most DENSELY populated, with 1.4 . The owners pavilion includes an openchefs kitchen, media room, and exercise room, as well as a bar that also serves the pool area. Kai Moena, "House of the Resting Sea," listed for $30 million, is the most expensive home currently available on O'ahu. The sprawling mansion also includes a spa, tatami room and commercial-grade kitchen thats five times bigger than a lot of restaurants in town, says Yamamoto. Bartz has a long tech pedigree: When she purchased the property in 2006, she was working as president and CEO of Autodesk, a design software company, and has also worked at Sun Microsystems and Digital Equipment Corp. 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 11,379 residents of the town can enjoy Nanakuli Beach Park or head inland to the Nanakuli Forest Preserve. The median income of a Hawaii household is $83,173. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. Haleiwa, Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. Were pretty sure there isnt a bad place to put up a hut in Hawaii; but there are some places that are super expensive, so HomeSnacks thought that wed give you the ying to that yang and let you know the most affordable places in Hawaii for 2022. The main living area in the central pavilion is on the upper floor with living and dining rooms, a large chef's kitchen, office and bedroom suite. 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