John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. questions. Zillow, Inc. holds real estate brokerage licenses in multiple states. Hawaii, USA Luxury Real Estate - Homes for Sale - SIR-Webserver Information is deemed reliable but not guaranteed. Remember to save your search to receive email alerts when new listings that fit your . Its unlikely developers could actually produce and sell $1 million homes to satisfy an affordable-housing condition under state and county requirements typically tied to projects that receive zoning changes, development bonuses and fee waivers. Click the button below and we'll send you a link to reset your password. Property highlights: Nestled on Kauais South Shore in the pristine Kukuiula Community lies a breathtaking setting with a wealth of resort amenities. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. If you require a reasonable accommodation to access our services, please contact us at (808) 732-3000 or email hbradmin@hicentral.com so we may better assist you. Luxury homes for sale in Australia | JamesEdition Ocean View, For example, with dwelling coverage of $200,000, the average rate is $2,233, while the cost of a homeowners insurance . Already a subscriber? 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. Your email address will not be published. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. 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. Effective Jan. 1, 2020: The VA Loan Limit is NO LIMIT! - Hawaii VA Loans Ward Village must include around 900 below-market homes under a master plan subject to pre-2018 price limit guidelines tied to 140% of the median income. 20 Kai Ala Drive. Living large comes easily in this grand Pavilions estate. Oahu boasts some of the world's finest homes--and some of the world's heftiest home prices. A Record 8% Of U.S. Homes Are Worth At Least $1 Million - Forbes Its a 3 bedroom, 3 bathroom luxury property with 2,900 square feet inside but 12,118 square footage of land. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. You have already registered using your FB account. Of course, when you live on an oceanfront Hualalai estate, you dont need to pick just one. The second-most expensive home on the market is also a penthouse in the Waiea building. You don't have to be rich to live in Hawaii you just have to want it, say the brokers at the Hawaii Life realty firm who make island-living dreams come true for clients ready to make it a reality. 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. Brokerage. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. 1118 Ala Moana Boulevard, GPH 36, Honolulu|MLS #:201612214. Our job is to make your home buying or selling experience a pleasant one which is why we also offer a complete set of real estate tools and resources including mortgage calculators, moving guides, Hawaii neighborhood information, real estate buying tips, and articles. The 25 Most Expensive Homes in Hawai'i - Honolulu Magazine the Saudi governmentAKA the . The 15.3-acre. If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. $17 MILLION Mansion on Oahu, Hawaii - Home Tour - YouTube 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. Richard Rocker, the real estate agent who brokered the sale, says, I see a lot of fancy, expensive homes, and so many of them are just expensive. Millionaire households: 47,279 Total households: 1,131,470 Concentration of millionaires: 4.18% Rank: 51 (Unchanged from last year) Median income for all households: $44,717 (U.S. median: $61,937). 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. If you've been dreaming of moving to Hawaii, then you might want to make sure that you have a big enough budget. (There are no lots 2 and 3Dell combined three 1-acre parcels.) One note: We restricted this list to single parcels as defined by the county tax offices. Anne Hogan Perry of Compass represented the buyer in the highest-priced transaction last year on Maui and also represented the buyer and seller in a $10.4 million Diamond Head sale on Oahu last year. Extensively renovated in 2017, the home includes soaring 20-foot ceilings in the living room and disappearing glass doors that open to the pool, yard and ocean. Popular locations in Australia that also could be worth exploring are Sydney, Mosman, Strathfield, Brisbane City and Glenorie. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. What is Todd Rundgrens property worth on Wailapa Drive? 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. For a whopping $23.5 million, the new owner of this home will find it fully furnished. Telephone: 808-529-4747. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Hawaii's most accurate home valuation tool. to save your searches, see sold-property data, see exclusive foreclosure and New Jersey). We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. In Hawaii Kai, supply is low and competition is high with many properties selling for more than their listed price. 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. (Although when we flew over the property, the pond was all but empty. Individual reefs in Hawaii and Florida deliver the highest dollar value, according to the study by researchers from the University of California, Santa Cruz, . 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. Of course, those are just two examples of the kinds of stunning homes in Hawaii that would cost you a fortune. who has put his $23-million, 52-acre Hawaiian oceanfront estate up for sale. According to Curbed, she purchased a 23,000-square-foot home also in Montecito for a reported $50 million back in 2004.The home was . Just minutes away are the Shops at Kukuiula where you can find fine dining, fresh boutiques, and a bustling community. May we suggest a car dealership? Oahu affordable housing could include $1M homes under state guidelines The No. Log in now to continue reading this story. 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. At the most recent Ward Village tower to include below-market condos, studios were sold in 2018 for $286,000 to $443,000, along with one-bedroom units for up to $487,314, at the project called Aalii, which is nearing completion under HCDA guidelines with prices linked to incomes ranging from the median to 140% of the median. What you get for $1 million on Oahu - Hawaii Home + Remodeling $17 MILLION Mansion on Oahu, Hawaii - Home Tour Aloha Films 6.01K subscribers 2.5K Share 192K views 4 years ago HAWAII KAI Smash the like button for this luxury real estate home in. The New York City metropolitan area where an apartment . Sorry for the inconvenience, Locations LLC. 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). 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. Most Expensive House in Hawaii Is a $70M Compound on Kauai - realtor.com Youll have direct and dramatic ocean views from the living room, lanai and master bedroom and access to your own secluded hidden beach. This is one to look more closely into. 5949 Kalanianaole Highway, D, Honolulu|MLS #:201623396. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators Professional protocol requires agent to set up an appointment with the Information herein deemed reliable but not guaranteed. Theres room for expansion, too; Toyota also owns the adjacent lot, which is assessed at $4.7 million. Youll also be able Pool, Vacation Rentals. Activate your Digital Account now. What a $1 Million Home Looks Like Across America - Trulia's Blog As the pinnacle of elegance and privacy, the exclusive listings of West Maui offer the kind of luxurious lifestyle that few are privy to. The place remains impressive, though. The home also includes a 2,000-sqft rooftop lanai with private ocean-facing infinity pool and perpetual 360-degree views of the Pacific Ocean, Diamond Head, mountains and Waikiki. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaiis biggest residential transactions ever. And he seems to be doing his best to make sure almost no . Guy Laliberte, the founder of the internationally known circus, is worth $2.5 billion, according to Forbes most recent list of the worlds billionaires. 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. Hawaii, HI Homes for Sale & Real Estate | Point2 Land, 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. That said, this figure is higher than in the nation's 50 largest metros, where an average of only 4.71% of homes are worth $1 million or more. Kapalua Beachfront Home for Sale 20 Kai Ala Drive. 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. Now asking $4.9 million, the four-bedroom property boasts ocean, tri-island and harbor views. Share this property by completing the the form below. Buyouts have been good for Roberts: Forbes ranked him No. Are you interested in a real estate career in Hawaii? 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. Where Are the Million-Dollar Homes? - The New York Times Last year at the state Legislature, then-Sen. Laura Thielen and Sens. At the planned Kakaako condo tower Ililani subject to HHFDC guidelines, below-market prices for units with one to two bedrooms range from $459,400 to $649,100. This is one of the few properties on our list that sold for less than its assessed value. Towns With the Most $1 Million-Plus Homes | LendingTree Overall, Koa Ridge may produce affordable housing geared for households earning up to 140% of the median income. Haena Point serves as the perfect gateway between Mauka (Mountains) and Makai (Ocean). In Oklahoma, only 0.9% are valued at $1 million or more but 5%. 1. Shown are a pair of renovated 3-bedroom units in the Kuapa Isle townhome complex in Hawaii Kai that recently sold for $1 million. Listed for $30 million, Idaho's new most . The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. In Waipahu, where the median price rose by 14% to $840,000, the number of single-family homes sold nearly doubled to 23. 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. You're reading a premium story. I got married here on Kauai in June to my husband, Derek, and want to share the loving experience with you! At $38 million, a seven-bedroom, 8.5-bath home. 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. $30M Lakefront Estate Takes Over as Idaho's Most Expensive Home CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM. 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. This five-acre west-Maui estate is located in the exclusive gated community of Pu'unoa Estates. This estate may cost $19.5 million, but that price includes two homes on one incredible property. Your friend will receive an e-mail from you with a link to view the details of this property. Your next dream home may just be a click away. It has been provided by sources other than the Realtors Assoc. Listing provided by Hicentral MLS $17,000,000 For a buyer of a $2 million home, this means that they would pay $47,200 less in property taxes if they bought a home in Hawaii compared with Illinois. Currently, there are three oceanfront homes in Kailua Kona for under $1 million. About the Show. With plenty of luxurious hints, custom touches, and more than 6000 square feet of space, which includes five bedrooms. 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. Developers in Kakaako, however, also may deliver affordable housing under HHFDC rules if they produce a greater share of below-market homes. Found in Honolulu, this Hawaiian home is light, bright, and airy thanks to the white walls, vaulted ceilings, and large windows. Los Angeles Luxury Homes for Sale | Los Angeles Luxury Real Estate Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. Apr. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. 2 most expensive house, for example, is officially owned by Kukio Limited. Hawaii, BLM Co-Founder Buys $1.4 Million Home In Virtually All-White Area Cities With the Most Million-Dollar Homes - 2021 Study - SmartAsset For this 2021 study, SmartAsset looked at data from the 150 largest U.S. cities and identified which ones have the most million-dollar homes. You get 8 acres of privacy in the middle of a resort. of Maui and should not be relied upon without independent verification. agreeing to our Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. 1995-2016 Honolulu Board of REALTORS. This elegant multi-level contemporary oceanfront home located near Doris Duke's famed Shangri La Estate boasts some of Honolulu's finest views of an azure cove, coconut-lined white sand beaches, surf, sunsets and, of course, Diamond Head. For example, 52.89% of owner-occupied homes are valued at $1 million or more in San Jose, Calif., making it the only one of the nation's 50 largest metros where a majority of owner-occupied homes are worth at least $1 million. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. 1133 Ikena Circle, Honolulu|MLS #:201612012. Register you can either select a new agent or one will be assigned for you. Check out our teams current North Shore listings. 12203 Lucas Ln, Louisville. Seventy-eight Hawai'i sales closed in that stratosphere in 2021, more than three times the number that sold in 2020. According to Locations, million-dollar homes have been shrinking the fastest in Hawaii Kai by 20% over the past five years. The infinity pool and outdoor covered lanai are completed by a poolside barbecue and entertaining area. Sellers, 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. Here are some comparable home values that earn a luxury designation: $1.6M United States; $2.1M Worldwide; $4.0M in Los Angeles; What counts as a luxury home varies regionally here in Southern California, too. 2332 Makiki Heights Drive Honolulu|MLS #:201627051. Each sale listing includes detailed descriptions, photos, amenities and neighborhood information for Hawaii. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis.

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