On the flip side, Waimea is less affordable for renters, so youre best off buying here. The iridescent tile pool and spa are a luxurious way to soak in the postcard-perfect ocean views beyond. The average living wage in Maui County is $103,095 . Hawaii as a whole runs about 75% more expensive that the U.S. standard. The town represents the number 7 most affordable spot to live in the state. Hawaii is a magical place to live or visit, but if you're planning a move to these beautiful islands, there are a few things you should know. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. And real estate developers have not disappointed in erecting building designs that define architectural eras to marvel and excite those few who are lucky to call these resorts home. It has a plantation model with a stretching green lawn and palm trees. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. Even more importantly, with a median income of $95,667, Waimea residents enjoy the second best home price to income ratio in Hawaii. Population: 5,599Rank Last Year: 11 (Up 3)Home Price To Income Ratio: 5.8x (16th most affordable)Income To Rent Ratio: 82.6x (32nd cheapest)More On Waimanalo: Real Estate|Cost Of Living. The property is a three-bedroom, two-baths house sitting on one acre. ft.). Kai Moena, "House of the Resting Sea," listed for $30 million, is the most expensive home currently available on O'ahu. Kilauea, HI (realtor.com) 3. High-end resort-quality amenities include a lagoon pool, tennis court, sauna, media rooms, and fitness facilities. Keauhou at Makena estate: Built in 2007, this nearly 6,000-square-foot home sits on 3 gated acres of lush tropical grounds, perched above Palauea Beach in Maui. Ewa Gentry is in line with this, with a cost of living about 70% above the U.S. standard.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'homesnacks_com-leader-3','ezslot_18',114,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-leader-3-0'); The town becomes more affordable when you take the overall economy into account. Join the party! Another Oahu city and a neighbor of Ewa Beach, Kapolei ranks as the sixth least expensive place in Hawaii. Beachfront, The master suite is more than 1,000 square feet and, in addition to the bedroom, has a living room and bar with the bath having both indoor and outdoor shower, lanai and large dressing room. Kauai's 15-acre Hale 'Ae Kai estate, with postcard views of the ocean and private steps down to Secret Beach, is currently the most expensive house for sale in the state of Hawaii at $70 million. Get product recommendations from HGTV editors, plus cant-miss sales and deals. A salary of $150,000 in Honolulu, Hawaii could decrease to $138,810 in Kailua (Hawaii County), Hawaii (assumptions include Homeowner, no Child Care, and Taxes are not considered. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers.

The county in Hawaii with the lowest cost of living is Maui County. The beaches in Hawaii make for some of the most serene waterfront views that any homeowner would be lucky to have. View More Data >

The cheapest housing market in Hawaii is Hickam Housing. At the other end of the spectrum, $100 in Mississippi is worth $115.74, or 15% more than their incomes suggest. All rights reserved. For starters, the median rent in Kapaa is $1,541, well below the statewide average. Hilo Hilo is the largest city on the Island of Hawaii. . Traditional Western elements meet contemporary style in this Jackson Hole homestead designed by Ward+Blake Architects and inspired by the water, trees and mountains that surround it. The entire property occupies 5,963 sq ft on a 17,942 ft lot. To be honest, many of our most affordable Hawaii places are on also on our best places to live in the Paradise of the Pacific. Maintaining water features in arid Kona cant be easy.) This home has three bedrooms, each with a bathroom suite offering a view of the mountain ranges and mesmerizing ocean waves. These pricey properties are not high-rise condo time shares. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. Aloha Dear Friends, Im on a roll, second closing this month!! Used under license. Honolulu. 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. The average home value in Hickam Housing is $0, the lowest in the state. We know its hard to believe, but there is more to Hawaii than sunshine, surfing, and beach days. Nanakuli, Hawaii, lets you get that with a little bit of a bargain. In this villa, you can see the ocean raging waves straight from the living room. For sale: $14,950,000. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. The cost of living in Hawaii is 20.0% higher than the US average. This time, its not even the most expensive Kahala property. It sits on 7,065 sq meters, divided into three parcels along a 118 ft stretch of sandy beach. You can download the data here. The 60,000-square-foot property is . 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. Located on the coveted Kohala Coast of Hawaii, this estate is one of the largest oceanfront properties for sale on the Big Island. It costs $34,000 more on average to construct a new home than to buy one. As the founder of House Grail, Pete's primary goal is to help consumers make educated decisions about DIY projects at home, in the garage, and in the garden. And if you dont find your favorite there, head to the bottom. Here are the top ten most expensive homes currently available for purchase in Hawaii Kai Oahu, Hawaii . 4747 Kahala Ave (Kahala) - $15.2M. Hilo, HI: 4 Read on to see which cities made the list. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-01 09:52:23 PST. The .7-acre lot is assessed at $13.3 million.

"}}]}. For this reason, look for a house that is elevated on the island. And that, folks, would be Hawaiian Paradise Park. Discovery, Inc. or its subsidiaries and affiliates. Homes in Waimea go for about $462,800, the eighth lowest in the state. This estate is located on over 237 acres on Kauais North Shore. Using public records collected by Title Guaranty Hawaii, Top Most 10 compiled a list of Hawaii's expensive homesexclusive compounds filled with sprawling swimming pools, personal tennis courts and stunning oceanfront views, places for which the annual property-tax bill runs a . 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. That figure actually represents the fifth lowest mark in the state. Childcare costs $15,986 a year in Maui County for two children compared to the Hawaii average of $17,959. Kamuela, 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. Naturally, theres an infinity pool with hot tub. Its unique designs offer a place for calm and soul renewal, earning it recognition by Architectural Digest Magazine. The 15.33-acre property comes . November 19, 2015 Metros with the most cities in the top 30 in Hawaii #1. 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. This diamond of a property belongs to Bandel and Paula Carano. Data is deemed reliable but is not guaranteed accurate by the MLS. Over the years, he has developed a keen interest in a wide variety of DIY projects around the home. Big Island, We consulted Hawaiis census data for 2022. The house, as sold, was built in 1985 and spread out over 18K sq ft. 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. Some of the most luxurious and breathtaking homes in the world are in Hawaii. This 7 BD/8.5 BA home is over 8,000 SF and sits on a 36,000+ SF lot that is steps from the ocean. Hawaii, A 6 BD home with 5 BA and 3 half baths, and over 9,500 SF of living space, sitting on 6.41 acres. Hawaii, HI Luxury Homes For Sale 788 Luxury Homes & Mansions Available Tile Sort by Price (high to low) 30 4408 LAWAI RD, Koloa, HI 96756 3 Beds 4 Baths 2,786 Sqft 0.74 ac Lot Size Residential $30,000,000 USD View Details 22 123 Kailuana Loop, Kailua, HI 96734 8 Beds 11 Baths 11,545 Sqft Residential $29,420,000 USD View Details 15 See property outline below. 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. Listed for $70 million, the most expensive property in Hawaii is a sprawling Kilaueaestate situated atop a seaside bluff on the north side of the island of Kauai. All the more reason to snap up an offering like this 296 Gray Head mansion while you can. So, if you care about home values and affordability, take a look at the list below to see where your Hawaii dollar will go the furthest. East Side, The Diamond Head Villa features two outdoor BBQs, a spa, two sun decks, and a private pool. Kauai's 15-acre Hale 'Ae Kai estate, with postcard views of the ocean and private steps down to Secret Beach, is currently the most expensive house for sale in the state of Hawaii at $70 million. Property ownershipis public information, but many of the billionaires and millionaires on our list have set up walls of privacy between themselves and the tax records. Copyright 2023 House Grail. ", "acceptedAnswer": { "@type": "Answer", "text": "

If you do decide to settle down in Waianae, youre in luck, because it has the fourth cheapest homes in Hawaii. Ifwhats there isnt quite enough, theres room on the property to keep on building. Population: 26,358Rank Last Year: 8 (Down 1)Home Price To Income Ratio: 5.3x (9th most affordable)Income To Rent Ratio: 57.2x (18th cheapest)More On Ewa Gentry: Real Estate|Cost Of Living. You can't put a price on these beach views. He sold his mansion on the Bluffs of Mauna Kea (No. Population: 10,969Rank Last Year: 3 (Down 2)Home Price To Income Ratio: 4.8x (2nd most affordable)Income To Rent Ratio: 54.7x (39th cheapest)More On Waimea Cdp (Hawaii County): Real Estate. It comes up for sale as a separate property down the road, also in Keawakapu sold for a . Whereas, the median home value in Aloha State is $698,900 (as of November 2022). 145 Kailuana Loop, Kailua, HI. The most expensive listing in Hawaii is a part of the Kukio Golf and Beach Club, a private community on the west coast of the Big Island. The interior is just amazing and wonderful. This cost varies depending on the size, type, and location of the property. 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). As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. 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. Without further ado, here are 17 things no one tells you about living in Hawaii, including the good and the bad. See Also:What Is the State Flower of Hawaii? Not Really. According to MIT, the required living wage for a family of four with two working parents in Hawaii is $107,702 vs the national average for a family of four with two working parents of $89,744. The lower level has a media room, full bath, gym and a bar opening to a 1,600-square-foot pool and spa. The overall cost of living is about 50% above the national average, but thats actually pretty good for the state. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. It has bent the curve and kept COVID-19 cases relatively low. So without any dues let's check out the most expensive homes in Hawaii. Those who call Hawaii home . An easy decision this villa, you can see the ocean buy one million... Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning 2015 Metros with the lowest in top... Hawaii than sunshine, surfing, and location of the mountain ranges and ocean. 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