Originally built by former Kahala Hilton owner William Weinberg in 1988, the single-story Kahala home has the best of everything: it even had an underground gasoline tank installed in the front. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. 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 median price of a Maui home topped $1.1 million in June. Of course, those are just two examples of the kinds of stunning homes in Hawaii that would cost you a fortune. 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. 4408 Lawai Rd, Koloa, Hawaii MLS #664853 View Listing $24,000,000 Active 4 Beds 4 Baths 0.52 Acres 3,706 ft Residential 4421 Malolo Rd, Hanalei, Hawaii MLS #666820 View Listing $15,000,000 Active 4 Beds 4 Baths 0.8 Acres 3,706 ft Residential 4914 Lawai Rd, Poipu, Hawaii MLS #664619 View Listing REDUCED 6% $14,500,000 Active 3 Beds 3 Baths The pricing of these homes is really based on what buyers value them at with all of the restrictions that are placed on them, said Race Randle, senior vice president of planning and development in Hawaii for Howard Hughes Corp., the developer of Ward Village in Kakaako. To start your real estate search, simply enter your property type whether a home, condo, townhouse, or vacant land and then your specific location. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. Not willing to change her identity to be part of the industry, Mahina Florence is at the height of her career because of her flawless Hawaiian complexion, strong athletic build, and friendly aloha spirit. 1118 Ala Moana Boulevard, GPH 36, Honolulu | MLS #:201612214 $36,000,000 5 bedrooms 5 full baths 1 half baths 10,076 sqft 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. 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. Designed in 1964 by renowned Hawaii archtect Vladimir Ossipoff the home is reminiscent of old Hawaii but upgraded with modern amenities, including an open floor plan and pool. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. Weisel has been described by the San Francisco Chronicle as the alpha male of Wall Street West with an uber-competitive streak. Its a drive that extends to athletic pursuits, as well. The home is on the market for $799,000. Here, the land definitely outweighs the house. 1133 Ikena Circle, Honolulu|MLS #:201612012. He started the company in 1981 and its today headed up by his daughter, Jenise Luttgens. Hawaii) will have less property taxes than a $250k home in other jurisdictions (e.g. 19A new study shows U.S. coral reefs provide $1.8 billion in flood-risk benefits to property owners and people's livelihoods every year, with top value assigned to the reef stretching offshore of Diamond Head, Waikiki and Kakaako. Makakilo's median single-family home price rose 26%, from $786,000 in January 2021 to $994,000 this year. Some 176,243 cost at least $1 million out of 372,659 in the city, where the median home value was $968,800 according to the study, which used the census' 2019 American Community Survey with. If you wish to report an issue or seek an accommodation, please let us know. We chose homes that are for sale right now for around $1 million so that you can see how far your real estate dollars will stretch around the country. in Agents, Architecture, Beachfront, Decor, Design, For Sale, Hawaii, Interior Design, Kauai, Lifestyle, Luxury, Market Intelligence, Market Trends, Marketing, Moving To Hawaii, Ocean View, Oceanfront, Acreage, The publicly traded SalesForce has been lauded as one of BusinessWeeks Top 100 Most Innovative Companies. Zillow, Inc. holds real estate brokerage licenses in multiple states. What a Million Dollars Will Buy in These States Alaska: 4 Bedroom, 4 Bath in Chugiak Price: $995,000 Square feet: 5,631 Year built: 2009 Check out the: 2.5-acre lot It is situated at the foot of Nihoku, an extinct volcano locally known as Crater Hill, and above Kahili Beach and Kilauea Bay. 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. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. It found million-dollar homes are most prevalent in California and Hawaii, where nearly 1 in 4 are in that price range. Moving to Hawaii, Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-04 06:12:05 PST. 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. Log in now to continue reading this story. Property highlights: 1.46 Acres, the largest acreage offered in the exclusive Kahalawai neighborhood 7,900 sqft. As the pinnacle of elegance and privacy, the exclusive listings of West Maui offer the kind of luxurious lifestyle that few are privy to. Aloha and happy VA home buying! Arguably the Most Beautiful Beach in Hawaii, Hanalei Bay boats a 2-mile stretch of White Sand and 3 Beach parks. http://locationshawaii.imgix.net//locationsimages/logo.png. This information is believed to be accurate. Under current guidelines, a family of four in Honolulu earning 140% of the median income can qualify for subsidized housing priced as high as $1,026,800. 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. HHFDC starts with federal data for Honolulus median household income, which was $101,600 last year, meaning half of all households earned more and half earned less. Your email address will not be published. Theres room for expansion, too; Toyota also owns the adjacent lot, which is assessed at $4.7 million. This five-acre west-Maui estate is located in the exclusive gated community of Pu'unoa Estates. under roof Designed by world-renowned architect, Bing Hu Telephone: 808-529-4747. the Saudi governmentAKA the . StormoGipson is referring largely to guidelines of the Hawaii Housing Finance and Development Corp., a state agency that helps private developers produce affordable housing. 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. It contains a link to reset your password. 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. Hawaii County assesses the house alone at $28.5 million, but the better part of the $61 million valuation of this property is the land itself. This browser is no longer supported. 6 Beds 5 Baths 6,000 SqFt Residential MLS # 1630071. The bar starts at $16 million and goes up from there. Data is deemed reliable but is not guaranteed accurate by the MLS. 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. Just minutes away are the Shops at Kukuiula where you can find fine dining, fresh boutiques, and a bustling community. 85 on its 2009 list of the 400 richest Americans, with a net worth of $3.5 billion. Listed for $30 million, Idaho's new most . Of course, you'd surely want to spend all of your time outside soaking up both the sun and the view. OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. 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. Luxury West Maui Property. Kapalua Beachfront Home for Sale. This resort-like property includes a caretaker's cottage and is fully furnished. On top of its whopping $36 million-dollar price tag, buyers should be prepared to shell out $11,100 a month in maintenance fees. Golf Course, 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. What wows me: Large land offering at nearly 22 acres with a breathtaking, private view. Seventy-eight Hawai'i sales closed in that stratosphere in 2021, more than three times the number that sold in 2020. Read this story for free: Watch an ad or complete a survey, Hawaiis vaccination eligibility to expand earlier to 70-plus age group, Hawaii Real Estate Sales: Jan. 18 Jan. 22, 2021, By Andrew Gomes agomes@staradvertiser.com. Listing provided by Hicentral MLS $23,000,000 5 bds 7 ba 8,795 sqft - Active 38 days on Zillow 4679B Kahala Ave, Honolulu, HI 96816 HAWAII LIFE. While the media room, walk-in closets, jacuzzi, steam room, koi pond, waterfall, and cabana are all spectacular, this property, dubbed the Molokai Equestrian Estate, is a horse rider's dream come true. TLDR: Property taxes paid on a million dollar home is a useless metric since a million dollar home in some jurisdictions (e.g. 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. 280 Poipu Drive, Honolulu|MLS #:201622633. Youll have direct and dramatic ocean views from the living room, lanai and master bedroom and access to your own secluded hidden beach. 2. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. 2,406 Sq. Just about every room relates to the ocean. And good news: If youve got a spare $6,750, you can spend a night hereLassen rents it out whenever hes not there himself. to save your searches, see sold-property data, see exclusive foreclosure and 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. We assembled a similar list in 2005, limited to the City and County of Honolulu. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. What is LocationsHawaii.com? Maintaining water features in arid Kona cant be easy.) The land is currently valued at $14.3 million. We have 3,212 luxury homes for sale in Hawaii, and 466,097 homes in all of United States. She got a lot for her money; although you cant see it in the photo, the house is twice as long as it is wide. Property listed by List Sotheby'S Int'L Realty. You can email me at inquiry@hawaiilife.com or via phone at (808) 370-3848. $1,395,000. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. According to Locations, million-dollar homes have been shrinking the fastest in Hawaii Kai by 20% over the past five years. Leave your opinion here. Request an appointment to view this property by completing the information below. Square Footage: 7,500 (includes outdoor living space) Beds/Baths: 5 bedrooms and 5 bathrooms, with two partial baths. This email is already registered. Once you click Real Estate, 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. Kauai, 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. js.src = '//cdn4.wibbitz.com/static.js'; Such conditions can include the right of a government agency to buy back the home for a below-market price if sold within a number of years, and a requirement that the homeowner pay an agency a share of appreciation no matter when the home is resold. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-04 06:12:05 PST. We will pre-fill the registration form with information in our files. The typical home in the Evergreen State is valued at about $438,300, while in Seattle, the median sold home price is $765,000. 1118 Ala Moana Boulevard, GPH 35, Honolulu|MLS #:201629077. More definitively, 7 out of the 10 homes are located in Kilauea. Click the button below and we'll send you a link to reset your password. 2445 Makanano Ano Place | MLS 622093 | Courtesy of Re/Max Kauai. But home size has remained the most stable in Mililani, shrinking by . Property listed by Sachi Hi Pacific Century Prop. Property listed by Coldwell Banker Pacific Prop. If youre getting married on Kauai, contact me and I can point you in all the right directions! Developers note that affordable-housing regulations require a range of affordability that can include lower price limits tied to incomes at 80% of the median, and that maximum regulated prices are typically above realistic selling prices because of conditions put on buyers and competition from market-price homes. The agent who gave you access to this website is no longer with Locations LLC. questions. Land, If you have $3,995,000, then you can snap up this unique home in Haiku, Hawaii. As of October 2018, I present the 10 most expensive residential homes for sale on Kauai. The important questions to ask when choosing a lender for your mortgage. As an owner, you receive exclusive access to hiking and equestrian trails in the National Wildlife Preserve. 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. 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. 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. What we love: Anini is home to Hawaiis largest coral barrier reef. 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. Yes, that Schwabfounder and chairman of the Charles Schwab Corp., and ranked by Forbes as the 50th richest person in the U.S., with a fortune totaling approximately $4.7 billion.

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