Maintaining water features in arid Kona cant be easy.) Copyright 2023 MLS Hawaii, Inc. All rights reserved. A year after shelling out $8 million for a vacation home on the Hawaii island of Kauai, the guitarist has closed on a larger property nearby for $20.5 . 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. Initial market-price homes at Koa Ridge range from the high $800,000s to $1 million, which technically could qualify as affordable housing if HHFDC guidelines applied. Professional protocol requires agent to set up an appointment with the of indoor/outdoor living space, Constructed by Kauais number one builder, Randy Weir Construction, Main House 2,737 sqft., 3 Bed | 3.5 Bath, Incredible Views and World-Class Surfing, literally at your doorstep, Guest House 2,000 sqft., 2 Bed | 2 Bath, Views of waterfalls pouring out of the Namolokama Mountain, 2,238 linear square feet of pristine ocean bluff bordering the practically untouched Waiakalua Beach, Access the Secluded Beach for a dip by walking or driving, Ocean views from essentially every room, even the pool and spa, Extensive native plants & landscaped gardens, 4 Bed | 4 Bath; 4,458 sqft. Three factors household income, family size and interest rates are mainly used to compile annual housing affordability tables. Spend your days in the sunshine and your nights listening to the ocean waves crash the foundation of this $7,995,000 home that sits on the water's edge. If youre looking for luxury beachfront real estate and are interested in seeing what makes these homes for sale worth investing in then read on and get excited because youre in for a real treat. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. Furthermore, HHFDC rules allow households earning as much as 140% of the median income to qualify for subsidized housing. We assembled a similar list in 2005, limited to the City and County of Honolulu. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. The median single-family home price in Wahiaw jumped by 38% to $925,000, from $671,500 last year. CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM. Sellers, Aloha Hawaii community !! Beyond that, this lovely residence offers a modern design, theater, and a view of the water and mountain from the living room, kitchen, and bedroom. 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. 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. This island is home to some stunning natural beauty that will make your jaw drop! 2 most expensive house, for example, is officially owned by Kukio Limited. Locations, LLC may only show properties marked "Active" and "ACS". 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. These formulas are out of whack, StormoGipson said. 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. 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. 51 Kaikea Place, Kailua 96734 | MLS #:201715306. We have received your inquiry and will be contacting you shortly. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. to save your searches, see sold-property data, see exclusive foreclosure and Check with the applicable school district prior to making a decision based on these boundaries. It's got spacious,. The spectacular windows in this $5,150,000 home will give the fortunate homeowner a fabulous view of both the pool and the ocean beyond. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. Complete with two master suites, 6 guest rooms, media room, library, office, pool, three-car garage, and more whats not to love about this luxury Maui property listing? The second most expensive single-family home on our list is also located in the Beachside neighborhood of Kailua and runs from the avenue to the ocean. It is home to the historic Kilauea Lighthouse, National Wildlife Refuge, and Kilauea Lighthouse Village the North Shores newest commercial development in over 40 years. Just take a look at the incredibly impressive and expensive $11.9 million Hawaiian estate that musician Carlos Santana soldor the Hawaiian home that golf star Vijay Singh put on the market for a whopping $23 million. Keep your eye on this property! 6 Beds 5 Baths 6,000 SqFt Residential MLS # 1630071. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. Information is deemed reliable but not guaranteed. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. That limit equates to $123,480 for a single person and $176,260 for a family of four. The land is currently valued at $14.3 million. With 11,076 square feet, 8 bedrooms and 9 and a half bathrooms, this is an unmatchable piece of beachfront real estate in Kapalua is located on almost a full acre. Used under license. Dont believe it? Market Update, At $24.5 million, a home with six bedrooms and seven full and two half baths on an acre of land. Of course, those are just two examples of the kinds of stunning homes in Hawaii that would cost you a fortune. In 2013, critics of a planned workforce housing tower in Kakaako called 801 South Street B assailed the project in part because its most expensive below-market unit was forecast to sell for $692,300 under an HCDA formula that allowed a two-bedroom unit to be priced as high as $715,213 at the time for households earning up to 140% of the median income. Here's What A $1 Million Home Looks Like In All 50 States Spoiler: a whole lotta square footage in Arkansas, not so much in New York. Required fields are marked *. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. . Read the full story with our Print & Digital Subscription. In Hawaii Kai, supply is low and competition is high with many properties selling for more than their listed price. This house looks out onto Kukios South Pond, and then onto the ocean. 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. funeral homes dixon mo. 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. Check out my beautiful Kauai wedding. Its owned by George R. Roberts, the co-founder of a global leveraged buyout firm called Kohlberg Kravis Roberts & Co. (For an idea of how the business works, check out the 1990 book, later made into a movie, detailing his firms leveraged buyout of RJR Nabisco, entitled Barbarians at the Gate.) Living large comes easily in this grand Pavilions estate. Oceanfront Home +Vacation Rental Cottage, Former home of prominent architect, Elliott Rosenblum, 1,000-ft. driveway into your 4,395 sqft. Oahu boasts some of the world's finest homes--and some of the world's heftiest home prices. Property listed by Sachi Hi Pacific Century Prop. Boulder's gap between the percentage of million-dollar homes and the number of households that may be able to afford them is particularly interesting given recent increases in home values. new construction listings and access our free white papers and buyer guides. Kauais most expensive beachfront listing is located on Hanalei Bay in the North Shore. Shown are a pair of renovated 3-bedroom units in the Kuapa Isle townhome complex in Hawaii Kai that recently sold for $1 million. The affordable home price ceiling is based in part on a 3% interest rate and a 5% down payment. Check your inbox for an email from brokersmls@locationshawaii.com. Golf Course, More definitively, 7 out of the 10 homes are located in Kilauea. Anini Beach is conveniently located between the town of Kilauea and Princeville. Kilauea proves time and time again a favorite getaway for celebrities, and this home shares its Aloha with many of them. 3047 Kahalawai Street | MLS 611978 This is currently the most expensive home for sale in the esteemed Kukui'ula community. Compare your rate to the Hawaii and U.S. average. This 10,000-sqft grand penthouse is the ultimate in luxury living. Dubbed Hale Palekaiko - House of Paradise - this recently completed contemporary tropical estate is designed by award-winning architect Peter Vincent. StormoGipson is referring largely to guidelines of the Hawaii Housing Finance and Development Corp., a state agency that helps private developers produce affordable housing. Short has been reported to be an extremely private person; hes managed to stay largely out of the spotlight as the president of Lone Star Funds, a global investment firm that manages private equity funds worth $24 billion, but not as owner of Sunderland A.F.C., a soccer team in England. Since 2007, 20 homes have sold for once unthinkable nine-figure price tags, though many more have tried and failed. I,m sure 35 Million Dollar Home in Miami will let Zelensky have his Sun Tan. 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. 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. 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. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. -Monica Toguchi,VP, Administration and Planning, Highway Inn Inc. A. Youre right,, Kauai Affiliate is Habitat for Humanitys Top Builder in Hawaii, Decrease in Home Prices Varies by Area on Oahu, Tracking Hawaii Homeowners Who are Equity Rich or Seriously Underwater, 20 for the Next 20: Robin Kobayashi, Hawaiian Airlines, 20 for the Next 20: Miki Moore-Hardisty, ProService Hawaii, 20 for the Next 20: Kuulani Keohokalole, People Strategies Hawaii, 20 for the Next 20: Jen Lau, Finance Enterprises, Internet Transforms Home Sales, but Realtors Survive. Kamehameha Schools is also subject to the older rules for its Our Kakaako community, where about 550 below-market homes need to be produced. Your Email address will be kept private, this form is secure and we never spam you. If you want to live near Diamond Head but can't afford the multimillion-dollar mansions, this gorgeous, custom-built home on Sunset Avenue is a reasonable compromise. Vijay Singh's $23-million Hawaiian oceanfront estate is up for sale . Horan also believes that, along with other experts, only. This is one of the few properties on our list that sold for less than its assessed value. 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 home is now owned by Houston-based Fayez Sarofim. Arguably the Most Beautiful Beach in Hawaii, Hanalei Bay boats a 2-mile stretch of White Sand and 3 Beach parks. Leave your opinion here. 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. Rounding out of top ten most expensive Honolulu homes for sale is this secluded waterfront Paiko Lagood home. Request an appointment to view this property by completing the information below. Sorry for the inconvenience, Locations LLC. 202 Kaikuono Place, Honolulu 96816|MLS #:201714663. 1995-2016 Honolulu Board of REALTORS. 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. With two homes sitting atop 2.5 acres in the prestigious Makiki Heights neighborhood, this property offers the largest land area on our list. 85 on its 2009 list of the 400 richest Americans, with a net worth of $3.5 billion. This five-acre west-Maui estate is located in the exclusive gated community of Pu'unoa Estates. At least eight homes on the North Shore of Kauai each sold for more than $20 million. The average interest rate nationally for a 30-year fixed mortgage recently was 2.7%, which means the current affordable price could be over $1,026,800 for a two-bedroom home. This, of course, isn't the first home in the area owned by O. A two-bedroom home that costs $1 million technically can be defined as affordable for some households eligible for government-subsidized housing. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. Kapalua Beachfront Home for Sale 20 Kai Ala Drive. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Property highlights: 1.46 Acres, the largest acreage offered in the exclusive Kahalawai neighborhood 7,900 sqft. With Kanewai Spring on one side and Paiko Lagoon and wildlife sanctuary on the other, this home claims 700 feet of water frontage--the most on our list. HHFDC also notes that its price ceiling could be lower after accounting for costs including real property taxes, insurance and any maintenance or homeowner association fees. We will not rent, share, or sell your information. Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. What is LocationsHawaii.com? The typical home in the Evergreen State is valued at about $438,300, while in Seattle, the median sold home price is $765,000. by Emmy Favilla BuzzFeed Staff Alabama $1.09. The Top-25 Club turns out to be a whos who of tech CEOs, venture capitalists and other financial-service barons, almost all from out of state. They need to be revisited and they need to be redone.. Brokers. For $2 million dollars you can become a homeowner in one of Mauis most sought-after locations, 30 Lewa Lani Place. Its summertime and that means a prime time to look into buying a home on the beautiful island of Maui. Listing provided by Hicentral MLS $21,000,000 76 acres lot - Active 20 days on Zillow 383 Kalaimoku St, Honolulu, HI 96815 COLDWELL BANKER REALTY. listings agent to show a property. The most expensive home currently for sale on Oahu sits atop 36-floor luxury high-rise condo building, Waiea ("water of life") in the booming Kakaako neighborhood. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators We will pre-fill the registration form with information in our files. Seventy-eight Hawaii sales closed in that stratosphere in 2021, more than three times the number that sold in 2020. Privacy Policy. Developers in Kakaako, however, also may deliver affordable housing under HHFDC rules if they produce a greater share of below-market homes. Half the affordable Sky units come with a condition allowing the city to acquire the home for a below-market price if an owner sells within 30 years, and the other half will have a buyback term between 10 years and 30 years depending on buyer demand. other brokerage firms. of indoor/outdoor living, 9 acres of property the most land area offered in Haena in 9 years, 100s of beachfront footage on Tunnels Beach. Million-dollar homes aren't common in most towns. Median property tax rates in the U.S.. 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. 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. Christian Weis, We're able to accomplish this . Aloha and happy VA home buying! For Sale, Amenities: The villa surrounds a 900 sq. In Hawaii, properties range from $50K plots of land to $50 million-dollar dream homes, from Oahu to Kauai to the Big Island to Maui. 1. 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. From cascading waterfalls to multi-island views, its no wonder Maui is making a name for itself as the hottest spot for multi-million dollar listings. 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 Nearly half of the 20 homes that sold for $10 million or more last year on Hawaii Island were at the exclusive Kkio Golf and Beach Club, including a $34 million house that was among 2021s top five statewide. This circumstance exists under guidelines of a state agency that helps developers produce affordable housing and occurred as mortgage interest rates fell to very low levels in recent months. Property listed by Hawaii Life Real Est. Rich with contemporary textures, design, and emotion, this masterpiece infuses New York upscale taste with Kauais relaxed natural beauty. 87-3163 Hawaii Belt Rd is a house currently priced at $895,000. Your next dream home may just be a click away. For example, a $1.6 million-dollar listing in Los Angeles would not be considered a luxury home. This browser is no longer supported. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. 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. This estate may cost $19.5 million, but that price includes two homes on one incredible property. By NANCY COOK LAUER West Hawaii Today | Friday, May 1, 2020, 12:05 a.m. Share this story. We incorporated elements of Christians art throughout the house, says architect Jeff Long. 5949 Kalanianaole Highway, D, Honolulu|MLS #:201623396. North Shore Agents, Musician Carlos Santana is trading up. Enjoy this free story! Zelensky has a 35 million dollar mansion in Miami, which is a few blocks from the president of Kazakhstan's mansion on Collins Avenue, all while Americans are priced out of their own housing market. Get instant access to all of our 10,000+ Hawaii listings. Post a major island flood event in April, homes and beaches past Hanalei have become inaccessible to the public; however, if youre interested in viewing this home, Contact me as vehicle passes are required. 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. We've rounded up the top 10 most expensive homes currently for sale in Honolulu so you can see how the ultra-rich and famous live. Dreamy waterfront property Zillow In addition to the main 4-bedroom, 4.5-bathroom residence, the property also includes a 3-bedroom, 3.5-bathroom guest residence and outdoor entertainment pavilion with poolside bar, kitchen and spa bathroom. [Click here for more information](/info/mls-disclaimers/#mls_726) Without a doubt, waterfront properties are among the most coveted real estate in the world. What is Todd Rundgrens property worth on Wailapa Drive? stoke city players weekly wages; battle of bataan casualties; mission hills country club membership cost; tica friendly hotels san jose; . 500 Ala Moana Blvd. Similar formulas are also used by the city and the Hawaii Community Development Authority, a state agency regulating development in Kakaako, where some of the priciest condominium towers on Oahu have been built. The New York City metropolitan area where an apartment . This oceanfront Kukio property grabs the No. Well, just check out this multi-million dollar property located in Kapalua. 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. Shown. The main home features 7 bedrooms, 3 of which are master suites. As an owner, you receive exclusive access to hiking and equestrian trails in the National Wildlife Preserve. A stunning manor in Oswego, IL See this Million Dollar Listing Listed by Redfin Agent Wendy Szostak 5 Bed, 6.5 Bath, 11,000 Sq. This quiet retreat offers: Haena is the last community before reaching Kee Beach where lies the end of the road and Na Pali Coast trail. The 84 homes are expected to be sold later this year for $267,750 to $511,350 for studios to two-bedroom units. Just two lots down from Michael Dells sprawling Kukio estate is another multi-structure compound, this one belonging to David L. Anderson, the managing director of Sutter Hill Ventures. The bar starts at $16 million and goes up from there. Your email address will not be published. ft. central . Luxury West Maui Property. Estates, Your friend will receive an e-mail from you with a link to view the details of this property. An odd thing has happened in the realm of affordable housing on Oahu. Mentioned among Forbes' list of "Incredible Mansions," Hi'ilani ("In the Arms of Heaven") is a one-of-a-kind, 19th-century French-inspired estate designed to capture jaw-dropping ocean and sunset views. Your email address will not be published. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. The price of the home purchased by Adam Weiss and Barret Swatek on July 30 is the second-highest sale in Hawaii, said. Simply stunning! 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. How things have changed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500.