More definitively, 7 out of the 10 homes are located in Kilauea. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. This house looks out onto Kukios South Pond, and then onto the ocean. On this compound youll find: The Seacliff Plantationhas 48 building sites ranging in size from 3 to 10 acres. 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. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. With plenty of luxurious hints, custom touches, and more than 6000 square feet of space, which includes five bedrooms and six bathrooms, the 2.1-acre property boasts a gorgeous pool with a bridge and not one but two waterfalls. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. Los Angeles Luxury Homes for Sale | Los Angeles Luxury Real Estate More of those buyers are having to come to Oahu because theres no inventory on the Big Island, but we have the inventory, she says. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language. Kihei Beachfront Real Estate 1470 Halama Street. She notes several homes currently in escrow on Oahu: two oceanfront estates on Diamond Head Road listed for $19.85 million and $17.97 million, and an oceanfront estate on Khala Avenue listed for $18.3 million. What a $1 Million Home Looks Like in 25 Major American Cities 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. 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. All rights reserved. Dollar Homes are single-family homes that are acquired by the Federal Housing Administration (FHA) as a result of foreclosure. North Shore Agents, Sorry for the inconvenience, Locations LLC. The 15.33-acre property comes. Cheng & WCIT Architecture, along with internationally acclaimed interior designer Tony Ingrao, this home rivals the great penthouses across the globe. Oprah Winfrey's Many Multimillion-Dollar Homes, From Chicago to Maui 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. What Can You Get for $1 Million? - Honolulu Magazine What wows me: Large land offering at nearly 22 acres with a breathtaking, private view. Million-dollar homes aren't common in most towns. 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. Island and beachfront homes don't have to cost millions . Kukio is a relatively recent development, an even more exclusive successor to the already spectacular Hualalai resort, next door, but it already figures prominently on this list. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. Shown. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. Check out my beautiful Kauai wedding. questions. For $1 million, you could purchase this 1,600-square-foot, four-bedroom craftsman between North Beacon Hill and Judkins park. 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. We have received your inquiry and will be contacting you shortly. The highest price recorded for one property in Hawaii last year was $45 million for a beachfront home on Maui, one of the highest prices ever for a home in the Islands. Horan also believes that, along with other experts, only. OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. Mahalo for supporting Honolulu Star-Advertiser. That's not to mention the dolphins that tend to swim around the residence. If you wish to report an issue or seek an accommodation, please let us know. Maui Luxury Real Estate: Beachfront Mansions & Million Dollar Homes They need to be revisited and they need to be redone.. Hawaii County might take a page from Honolulu's playbook and tack an extra property tax on multi-million dollar residences. Luxury, 51 Kaikea Place, Kailua 96734 | MLS #:201715306. We incorporated elements of Christians art throughout the house, says architect Jeff Long. With two homes sitting atop 2.5 acres in the prestigious Makiki Heights neighborhood, this property offers the largest land area on our list. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. At $38 million, a seven-bedroom, 8.5-bath home. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. $1.85 Million Homes in Massachusetts, Hawaii and Georgia - The New York 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. Aloha Hawaii community !! Remember to save your search to receive email alerts when new listings that fit your . Arguably the Most Beautiful Beach in Hawaii, Hanalei Bay boats a 2-mile stretch of White Sand and 3 Beach parks. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved Million-Dollar Oahu Homes Shrink In Size - Honolulu Civil Beat 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. 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. 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. 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 coastal California property is less than $500,000. But home size has remained the most stable in Mililani, shrinking by . I have been told never to give two children equal shares. The median single-family home price in Wahiaw jumped by 38% to $925,000, from $671,500 last year. 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. 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. 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. Hey, it doesn't hurt to dream, right? 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? How many photos are available for this home? 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. 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. If youre getting married on Kauai, contact me and I can point you in all the right directions! Used under license. 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.) 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. Designed by Hawaii's premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a . Designed by Hawaiis premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a lifestyle found nowhere else in the world. Kilauea proves time and time again a favorite getaway for celebrities, and this home shares its Aloha with many of them. The current U.S. median home value is $182,500, according to Zillow. This time, its not even the most expensive Kahala property. Property listed by Hawaii Life Real Est. Median property tax rates in the U.S.. 3 Big Island Oceanfront Homes Under $1 Million - Hawaii Life Hawaii Life | HGTV 10 Stunning Million-Dollar Homes In Hawaii - msn.com This browser is no longer supported. At $24.5 million, a home with six bedrooms and seven full and two half baths on an acre of land. In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. Vijay Singh's $23-million Hawaiian oceanfront estate is up for sale . 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. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Number of $1M+ Homes to Continue to Rise - DSNews Log In. 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 There Are More Million-Dollar Homes in the U.S. Than Ever Before. But Haena Point serves as the perfect gateway between Mauka (Mountains) and Makai (Ocean). Your Email address will be kept private, this form is secure and we never spam you. HUD's Dollar Homes initiative helps local governments to foster housing opportunities for low to moderate income families and address specific community needs by offering them the opportunity to purchase qualified HUD-owned homes for $1 each. $10.9 million. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. South Side, We hope to see you soon and trust you enjoyed learning about Mauis top beachfront luxury properties. The Maui Luxury Real Estate Team features beachfront properties all over the island that are uniquely designed and decorated to meet your high-end tastes. North Shore, Ocean, waterfalls, and sunsets, are only what nature has pleasantly provided. 12203 Lucas Ln, Louisville. Simply stunning! 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. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Popular locations in Australia that also could be worth exploring are Sydney, Mosman, Strathfield, Brisbane City and Glenorie. 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. Pool, 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. Amenities: The villa surrounds a 900 sq. Data is deemed reliable but is not guaranteed accurate by the MLS. 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. Found in Honolulu, this Hawaiian home is light, bright, and airy thanks to the white walls, vaulted ceilings, and large windows. Kauais most expensive beachfront listing is located on Hanalei Bay in the North Shore. Moving to Hawaii, 13) in order to move a few miles down the coast to one of Kukios newer developments. 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. Officials mull extra property tax on second homes to shore up county This resort-like property includes a caretaker's cottage and is fully furnished. We will pre-fill the registration form with information in our files. Tour Homes. 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. In fact, there are only six Oahu properties on the entire list. The dollar volume of $1.1 billion was 158% more than the year before, according to the Compass report. 9 Gatsby-Worthy Mansions You Can Buy for Under $1 Million Their guidelines clearly need revamping.. If you have $3,995,000, then you can snap up this unique home in Haiku, Hawaii. If you are West Mauis beaches, shopping, top restaurants, and enjoyable lifestyle will be at your fingertips with this new Whalers Village 2435 Kaanapali Parkway, Suite A-3 Lahaina, Maui, Hawaii 96761Real Estate License RB-21851, Prev: Hottest South Maui Real Estate Property for Sale TODAY, Next: Multi-Million Dollar Luxury Beachfront Penthouse for Sale in Maui Hawaii, Outstanding Luxury Kaanapali House for Sale in Lanikeha, Amazing Kaanapali Luxury Home for Sale on Maui in Lanikeha, Hawaii Luxury House for Sale in Mauis Kaanapali Coffee Farms. 1118 Ala Moana Boulevard, GPH 36, Honolulu|MLS #:201612214. The important questions to ask when choosing a lender for your mortgage. Buyers, This city has the highest percentage of $1M homes in the US - New York Post Average home insurance cost in 2023 When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. You can email me at inquiry@hawaiilife.com or via phone at (808) 370-3848. Due to local MLS regulations, you will need to re-register if you would like to continue your access. 5403 Kalanianaole Highway, Honolulu|MLS #:201628812. The dollar volume of $1.1 billion was 158% more than the year before, according to the Compass report. New Jersey). This Hawaii Kai home, situated in the Triangle neighborhood (adjacent to prestigous Portlock), offers many special touches, including sandstone wall relief features, professional-grade home theater with reclining leather seating for eight, a seperate ohana cottage, water features and many home automation features (including lighting, doors and fans). This island is home to some stunning natural beauty that will make your jaw drop! Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. Check your inbox for an email from brokersmls@locationshawaii.com. 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. Luxury homes for sale in Australia | JamesEdition An updated cottage is on the market for $900,000 and offers three bedrooms and two bathrooms in 1,800 square feet. Check with the applicable school district prior to making a decision based on these boundaries. With plenty of luxurious hints, custom touches, and more than 6000 square feet of space, which includes five bedrooms. What I love: In conclusion, 9 out of the 10 homes are located on Kauais green and lush North Shore. Share this property by completing the the form below. The home offers almost 5,000 square feet of space. Neupane said a below-market condo with two bedrooms produced in Kakaako under HCDA rules today under current rules would probably sell for around $500,000 when accounting for buyer conditions, maintenance fees, taxes and insurance. What you get for $1 million on Oahu - Hawaii Home + Remodeling Found in Honolulu, this Hawaiian home is light, bright, and airy thanks to the white walls, vaulted ceilings, and large windows. The owner is yet another investment banker: Paul Stephens, the chairman and a partner of Stephens Investment Management, and the co-founder and managing director of RS Investments, a San Francisco-based management group that manages more than $7 billion in assets. Kapalua Beachfront Home for Sale 20 Kai Ala Drive. 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. Interested? Keep your eye on this property! Featuring vast interiors, world-class amenities, and panoramic views, these homes were inspired by the all-new Redfin Premier. Were always looking forward to meeting with eager investors such as yourself and do our best to deliver top-quality service to our customers. The New York City metropolitan area where an apartment . If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. Its one of the older houses on our list, built in 1992, but has kept its value admirably, with an assessment of $14.7 million. Listed for $30 million, Idaho's new most . Property highlights: 1.46 Acres, the largest acreage offered in the exclusive Kahalawai neighborhood 7,900 sqft. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Zillow, Inc. holds real estate brokerage licenses in multiple states. However, most would call a Realtor because they alone had access, Q. $30M Lakefront Estate Takes Over as Idaho's Most Expensive Home

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