Avoid headaches with our guide. Oceanfront Home +Vacation Rental Cottage, Former home of prominent architect, Elliott Rosenblum, 1,000-ft. driveway into your 4,395 sqft. Designed by Hawaii's premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a . 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. (function(d, s, id) { July 4, 2022 1 million dollar homes in hawaii . Read the full story with our Print & Digital Subscription. 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. Without a doubt, waterfront properties are among the most coveted real estate in the world. Living large comes easily in this grand Pavilions estate. An updated cottage is on the market for $900,000 and offers three bedrooms and two bathrooms in 1,800 square feet. The city and HCDA said their current maximum price for homes at the 120% of median income limit would be around $700,000 for a family of four. Vacation Rentals. This time, its not even the most expensive Kahala property. Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners. They need to be revisited and they need to be redone.. It found million-dollar homes are most prevalent in California and Hawaii, where nearly 1 in 4 are in that price range. 500 Ala Moana Blvd. Honolulu, HI 96813 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. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. We will not rent, share, or sell your information. Listed for $30 million, Idaho's new most . Currently, there are three oceanfront homes in Kailua Kona for under $1 million. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. Apr. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. 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. 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 yard, so one can fuel cars right in the garage. Kihei Beachfront Real Estate 1470 Halama Street. 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. LAURA RUMINSKI/West Hawaii Today A luxury home on the beach at Kukio. 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. Its known as the Raptor Residence, but the man behind this luxurious oceanfront estate is Michael Dell, the founder and CEO of Dell Inc. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-04 06:12:05 PST. The home is now owned by Houston-based Fayez Sarofim. Information herein deemed reliable but not guaranteed. 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. The infinity pool and outdoor covered lanai are completed by a poolside barbecue and entertaining area. Besides the coveted, surreal location, what else makes this home special? Property listed by List Sotheby'S Int'L Realty. There are only about five single family homes and 25 condos selling for around $1 million. Found in Honolulu, this Hawaiian home is light, bright, and airy thanks to the white walls, vaulted ceilings, and large windows. if (d.getElementById(id)) return; Check with the applicable school district prior to making a decision based on these boundaries. Genshiro Kawamoto, a Japanese billionaire in his eighties, owns 27 multi-million-dollar mansions over a 1.5-mile stretch of Kahala Avenue, an oceanside stretch of road that the New York Times called the " Beverly Hills of Oahu .". Disclaimer: The properties we may show you may be Locations LLC listings or listings of 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 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. Oceanfront, Featured properties may or may not be listed by the office/agent presenting this brochure. 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. The Bay is surrounded by what seems to be hand-chiseled emerald mountains, flowing white waterfalls, and a resort-free environment. At $24.5 million, a home with six bedrooms and seven full and two half baths on an acre of land. Just a month after we crowned a $27 million mansion as the state's most expensive home, a pricier lakefront mansion has splashed down on the market. 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. Due to local MLS regulations, you will need to re-register if you would like to continue your access. So $1 million will get you a nice place to live, but it won't get you the best. This browser is no longer supported. 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. That kept things simple, but meant overlooking a few fabulous estates that comprise multiple parcels, such as the 174-acre Tara Plantation on Kauai, which sold in 2009 for $28 million. The .7-acre lot is assessed at $13.3 million. Anini Beach is conveniently located between the town of Kilauea and Princeville. What is Todd Rundgrens property worth on Wailapa Drive? When it comes to luxury living, nowhere else in the world can compare to Maui. The dollar volume of $1.1 billion was 158% more than the year before, according to the Compass report. If you wish to report an issue or seek an accommodation, please let us know. Much of HHFDCs work helps developers tap federal and state tax credits that finance housing for low-income households. 1133 Ikena Circle, Honolulu|MLS #:201612012. What wows me: Large land offering at nearly 22 acres with a breathtaking, private view. 1. A five-bedroom, six-bathroom home is currently on the market for $1 million. Please contact your agent for access to LocationsHawaii.com. 6 Beds 5 Baths 6,000 SqFt Residential MLS # 1630071. Charles Kip Thieriot, now retired, is a member of the prestigious family that founded and ran the San Francisco Chronicle, and was himself the president of Western Communications. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. However, most would call a Realtor because they alone had access, Q. That's up from 4.8% (3.5 million . 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. to save your searches, see sold-property data, see exclusive foreclosure and Are you interested in a real estate career in Hawaii? Theres room for expansion, too; Toyota also owns the adjacent lot, which is assessed at $4.7 million. Professional protocol requires agent to set up an appointment with the 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. Gated Community, These formulas are out of whack, StormoGipson said. Locations, LLC may only show properties marked "Active" and "ACS". 202 Kaikuono Place, Honolulu 96816|MLS #:201714663. #7-500 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. There are several others, including the following million-dollar homes in the Aloha State. 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. Read more. Aloha and happy VA home buying! What I love: In conclusion, 9 out of the 10 homes are located on Kauais green and lush North Shore. 5949 Kalanianaole Highway, D, Honolulu|MLS #:201623396. The 84 homes are expected to be sold later this year for $267,750 to $511,350 for studios to two-bedroom units. Share this property by completing the the form below. Check out my beautiful Kauai wedding. agreeing to our The highest price on Oahu last year was $24 million for a beachfront house in Lanikai; another Lanikai home sold for nearly $11 million in January, marking the first $10 million-plus sale of 2022. 2,406 Sq. Market Update, For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Golf Course, Aloha Hawaii community !! 13) in order to move a few miles down the coast to one of Kukios newer developments. 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. 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. 51 Kaikea Place, Kailua 96734 | MLS #:201715306. Price: $20.9 million. At $38 million, a seven-bedroom, 8.5-bath home. Your email address will not be published. Required fields are marked *. Request an appointment to view this property by completing the information below. $1,395,000. Simply stunning! We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. js.src = '//cdn4.wibbitz.com/static.js'; The typical home in the Evergreen State is valued at about $438,300, while in Seattle, the median sold home price is $765,000. 4 Bed | 6.5 Bath. 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. 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). 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 one is really well done. Prices in the initial affordable subdivision dubbed Malina have not yet been set, but would largely align with city guidelines allowing homes priced from $400,000 to $700,000 for households with two or three people earning up to 120% of the median income. Click the button below and we'll send you a link to reset your password. Aptly named after the quiet waters of the Anini lagoon, Wailana Mlie is a truly timeless Polynesian estate. Vijay Singh's $23-million Hawaiian oceanfront estate is up for sale . Copyright 2023 HiCentral MLS, Ltd Telephone: 808-529-4747. Moving to Hawaii, 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. If you have any questions about these beachfront properties in Hawaii or other listings, make sure to contact us today. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Seventy-eight Hawaii sales closed in that stratosphere in 2021, more than three times the number that sold in 2020. This estate may cost $19.5 million, but that price includes two homes on one incredible property. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 2. Check your inbox for an email from brokersmls@locationshawaii.com. 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. Since the protective reef provides year-round calm water, many are able to enjoy the numerous ocean activities including, boating, swimming, snorkeling, fishing, windsurfing, and biking. Mahalo for supporting Honolulu Star-Advertiser. Zillow, Inc. holds real estate brokerage licenses in multiple states. This 10,000-sqft grand penthouse is the ultimate in luxury living. Send a message and we'll respond shortly. Privacy Policy. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Estates, http://locationshawaii.imgix.net//locationsimages/logo.png. This is one of the few properties on our list that sold for less than its assessed value. The national average cost of home insurance is $2,777 a year or $231 a month for a policy with $300,000 in dwelling coverage and liability and a $1,000 deductible. Hawaii Property Tax Calculator - SmartAsset Calculate how much you'll pay in property taxes on your home, given your location and assessed home value. Were always looking forward to meeting with eager investors such as yourself and do our best to deliver top-quality service to our customers. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. [The owner] wanted the design to reflect that Barcelona style, recalled Yamamoto when HONOLULU interviewed him in 2005. Last year at the state Legislature, then-Sen. Laura Thielen and Sens. 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. One note: We restricted this list to single parcels as defined by the county tax offices. We hope to see you soon and trust you enjoyed learning about Mauis top beachfront luxury properties. You're reading a premium story. 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. 10 Stunning Million-Dollar Homes In Hawaii, $11.9 million Hawaiian estate that musician Carlos Santana sold, Hawaiian home that golf star Vijay Singh put on the market for a whopping $23 million. Overall, Koa Ridge may produce affordable housing geared for households earning up to 140% of the median income. 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. Christian Weis, 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. Youll have direct and dramatic ocean views from the living room, lanai and master bedroom and access to your own secluded hidden beach. The home offers almost 5,000 square feet of space. of Maui and should not be relied upon without independent verification. The main home features 7 bedrooms, 3 of which are master suites. Maintaining water features in arid Kona cant be easy.) This is one to look more closely into. Located on the 35th floor and only slightly smaller than the building's grand penthouse, this $35 million dollar home comes with a design credit for the new owners to fully customize the home with their choice of interior design finishes. 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? As pricey as they are, many of the other properties on our list are squeezed right next to other mansions. Musician Carlos Santana is trading up. Please help us to better serve you by answering these optional Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. In fact, there are only six Oahu properties on the entire list. the Saudi governmentAKA the . But throw Slavic Ukrainians into Civil War with Russia First . Activate your Digital Account now. Japanese corporation Mint Yugen Gaisha picked this one up for $29 million in 2006, making it one of Hawaiis largest residential sales of the past decade. The resolution, which asked HHFDC to report the results of an analysis to the Legislature before this years session, did not get a hearing and was not adopted. of living space, Designed after the iconic St. Regis Hotel, Sand-bottom spa and a man-made sandy beach for the keiki (kids), 15-acre compound spanning an ocean bluff on Kauais North Shore, The licensed vacation rental can be yours for a nightly basis averaging $8,000, Inspired by Balinese architecture, the main house is composed of 4 pavilions, each connected by covered breezeways, Private walking path down to Secret Beach, Main house +10,000-Sqft. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. 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 No. 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 The land is currently valued at $14.3 million. Property highlights: Nestled on Kauais South Shore in the pristine Kukuiula Community lies a breathtaking setting with a wealth of resort amenities. 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. Property listed by Aska Estate Hawaii Inc. 72 Kalaheo Avenue, Kailua 96734|MLS #:201714646. Homes, And he seems to be doing his best to make sure almost no . In 2015, only 14.4% of homes were valued at $1 million or more, compared to 44.4% in 2021. This island is home to some stunning natural beauty that will make your jaw drop! Designed by Hawaiis premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a lifestyle found nowhere else in the world. 4 Baths. Its a 3 bedroom, 3 bathroom luxury property with 2,900 square feet inside but 12,118 square footage of land. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. With two homes sitting atop 2.5 acres in the prestigious Makiki Heights neighborhood, this property offers the largest land area on our list. New Jersey). OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. Check with the applicable school district prior to making a decision based on these boundaries. Log In. In Hawaii Kai, supply is low and competition is high with many properties selling for more than their listed price. 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. Luxury West Maui Property. Copyright 2016, Hawaii Information Service. We will pre-fill the registration form with information in our files. Posted on In Waipahu, where the median price rose by 14% to $840,000, the number of single-family homes sold nearly doubled to 23. 2332 Makiki Heights Drive Honolulu|MLS #:201627051. Initial market-price homes at Koa Ridge range from the high $800,000s to $1 million. Get instant access to all of our 10,000+ Hawaii listings. More than half of the top 25 homes in Hawaii are located on the Kona Coast, and theyre all in private resort communitiesKukio, Mauna Lani, Mauna Kea and Hualalai.