As your local North Shore experts and one of Kauais top-producing and most reputable teams, we have over 35 years of experience to guide our clients in making sound and smart decisions. This time, its not even the most expensive Kahala property. Mentioned among Forbes' list of "Incredible Mansions," Hi'ilani ("In the Arms of Heaven") is a one-of-a-kind, 19th-century French-inspired estate designed to capture jaw-dropping ocean and sunset views. 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. js.src = '//cdn4.wibbitz.com/static.js'; Oceanfront, Found in Honolulu, this Hawaiian home is light, bright, and airy thanks to the white walls, vaulted ceilings, and large windows. Thanks, Window Washing Service Jefferson Park, Denver, CO, https://www.ktvn.com/story/43461794/signature-window-washing-company-celebrates-6-years-in-business, One of the benefits of living in Hawaii is the opportunity to be outside just about every day of the , One of the best things about living in the Hawaiian Islands or even just visiting is experiencing the , If you havent purchased a property on Maui before, this will be your quick guide on what the process looks , No Reserve Auction: Build Your Dream Ocean View Compound on Rare 15 Acres with Opportunity for AG Structures & Potential . It found million-dollar homes are most prevalent in California and Hawaii, where nearly 1 in 4 are in that price range. For $1 million, you could purchase this 1,600-square-foot, four-bedroom craftsman between North Beacon Hill and Judkins park. [Click here for more information](/info/mls-disclaimers/#mls_726) 13) in order to move a few miles down the coast to one of Kukios newer developments. Learn more. Whether youre checking out Wailea, Makena, Kihei, Maalaea, Kaanapali, Kapalua, or Lahaina, each destination location is near some of the worlds best luxury resorts, world-class golf courses, plenty of fine dining, and high-end shopping, so youre never far from all the island excitement. 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. 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. Luxury, Brokerage. So when it comes to purchasing beachfront real estate on Maui, make sure you work with our team of talented agents so we can get you into your dream home as soon as possible. Privacy Policy. -Monica Toguchi,VP, Administration and Planning, Highway Inn Inc. A. Youre right,, Kauai Affiliate is Habitat for Humanitys Top Builder in Hawaii, Decrease in Home Prices Varies by Area on Oahu, Tracking Hawaii Homeowners Who are Equity Rich or Seriously Underwater, 20 for the Next 20: Robin Kobayashi, Hawaiian Airlines, 20 for the Next 20: Miki Moore-Hardisty, ProService Hawaii, 20 for the Next 20: Kuulani Keohokalole, People Strategies Hawaii, 20 for the Next 20: Jen Lau, Finance Enterprises, Internet Transforms Home Sales, but Realtors Survive. Overlooking the water just across the bay from the Mauna Lani Resort, this wedge-shaped Kona property belongs to Toyota Motor Sales USA. For example, with dwelling coverage of $200,000, the average rate is $2,233, while the cost of a homeowners insurance . Honolulu, HI 96813 About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. Square Footage: 7,500 (includes outdoor living space) Beds/Baths: 5 bedrooms and 5 bathrooms, with two partial baths. The No. Of course, there's also an outdoor space with a pool and meticulously manicured lawn. The .7-acre lot is assessed at $13.3 million. Listed for $70 million, the most expensive property in Hawaii is a sprawling Kilauea estate situated atop a seaside bluff on the north side of the island of Kauai. Tasteful interior design by Hawaiis top designer, Large lanais and seamless indoor/outdoor living, 5,100 sqft. Post a major island flood event in April, homes and beaches past Hanalei have become inaccessible to the public; however, if youre interested in viewing this home, Contact me as vehicle passes are required. North Shore Agents, Of course, those are just two examples of the kinds of stunning homes in Hawaii that would cost you a fortune. The home offers almost 5,000 square feet of space. 2. agreeing to our Posted on The current U.S. median home value is $182,500, according to Zillow. If youre looking for luxury beachfront real estate and are interested in seeing what makes these homes for sale worth investing in then read on and get excited because youre in for a real treat. 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. You're reading a premium story. 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. As the pinnacle of elegance and privacy, the exclusive listings of West Maui offer the kind of luxurious lifestyle that few are privy to. 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. The property also includes a seperate caretaker's suite with kitchen. The prevalence of million-dollar homes can vary significantly by metro. Here, the land definitely outweighs the house. 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. 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. 85 on its 2009 list of the 400 richest Americans, with a net worth of $3.5 billion. 202 Kaikuono Place, Honolulu 96816|MLS #:201714663. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. 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. This coastal California property is less than $500,000. http://locationshawaii.imgix.net//locationsimages/logo.png. We have received your inquiry and will be contacting you shortly. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 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. Oahu Short Term Vacation Rental Condo List, 1118 Ala Moana Boulevard, GPH 36, Honolulu, 1118 Ala Moana Boulevard, GPH 35, Honolulu, Essential things to discuss when selling your home. Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved What we love: Anini is home to Hawaiis largest coral barrier reef. Beachfront, 3215 Diamond Head Road, Honolulu|MLS #:201709585. Thirty-three-year-old James Koshiba dreams of a new generation of socially-conscious businesses that do as much for the community as they do their bottom lines., Some say real estate professionals might be more important than ever Less than 20 years ago, prospective homebuyers could look at newspapers and drive around to find yard signs. The dollar volume of $1.1 billion was 158% more than the year before, according to the Compass report. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright 2023 StarAdvertiser.com. Sarofim, an Egyptian-born money manager who is known as "the Sphinx," bought the house in 1999 for $15 million, and has since made extensive renovations to the aging Khala Avenue property. 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. An average of only 5.36% of the owner-occupied homes in the nation's 50 most expensive towns are valued at $1 million or more. Ft List Price: $2,100,000 Makakilo's median single-family home price rose 26%, from $786,000 in January 2021 to $994,000 this year. This five-acre west-Maui estate is located in the exclusive gated community of Pu'unoa Estates. Kapalua Beachfront Home for Sale. 2445 Makanano Ano Place | MLS 622093 | Courtesy of Re/Max Kauai. Market Update, It also has private stairs to the beach, gated entry, two oceanfront master suites with private lanais, a media room, spa and lush tropical landscaping. Please note your appointment is not confirmed until an agent calls you. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-04 06:12:05 PST. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. An odd thing has happened in the realm of affordable housing on Oahu. If youre getting married on Kauai, contact me and I can point you in all the right directions! 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. The New York City metropolitan area where an apartment . Your email address will not be published. Interested? So the new, post-2020 rules affect only a small proportion of veterans and even fewer of those who are still serving. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. Price: $20.9 million. If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. Property highlights: Nestled on Kauais South Shore in the pristine Kukuiula Community lies a breathtaking setting with a wealth of resort amenities. In 2015, only 14.4% of homes were valued at $1 million or more, compared to 44.4% in 2021. At $27.5 million, a compound with four bedrooms and 4.5 baths on 1.8 acres. It's got spacious,. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 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. In 2013, critics of a planned workforce housing tower in Kakaako called 801 South Street B assailed the project in part because its most expensive below-market unit was forecast to sell for $692,300 under an HCDA formula that allowed a two-bedroom unit to be priced as high as $715,213 at the time for households earning up to 140% of the median income. 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. Well, just check out this multi-million dollar property located in Kapalua. 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On JamesEdition you can find luxury homes in Australia of any size between 1 and 9 bedrooms with an average of 321 in size. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. But some affordable-housing advocates question the need to subsidize housing for households earning well above the median income and that issue is not new or limited to HHFDC. 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. Shown is a 4-bedroom, 3-bathroom Mililani Mauka home that recently sold for $1 million. 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. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. By NANCY COOK LAUER West Hawaii Today | Friday, May 1, 2020, 12:05 a.m. Share this story. Kamehameha Schools is also subject to the older rules for its Our Kakaako community, where about 550 below-market homes need to be produced. under roof Designed by world-renowned architect, Bing Hu He sold his mansion on the Bluffs of Mauna Kea (No. Already have an account? Sellers, (function(d, s, id) { 20 Kai Ala Drive. 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. Oahu currently has 18 active listings for single-family homes priced at $10 million or more. 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). 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. Ocean View, Dubbed Hale Palekaiko - House of Paradise - this recently completed contemporary tropical estate is designed by award-winning architect Peter Vincent. These days, hes also on the board of directors of Kratos, a federal defense and security contractor, as well as a laundry list of other public and private corporations. 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. 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. Musician Carlos Santana is trading up. 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. This information is believed to be accurate. $1.85 Million Homes in Massachusetts, Hawaii and Georgia An 1880 house in Provincetown, an off-the-grid home on the Big Island and a five-bedroom estate with two guesthouses in Rabun Gap.. 5949 Kalanianaole Highway, D, Honolulu|MLS #:201623396. Youll also be able Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. 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. All three are just adorable, but perhaps my favorite is the home next to Honl's Beach, currently listed for $895,000. Moving here? 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 .". 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. Developer Castle & Cooke Hawaii delivered its first market-priced home at Koa Ridge in November, and expects to have an initial increment of 140 affordable homes finished late this year and early next year. This Wailea house, the most expensive residential property on Maui, and one of three houses on our list within a 2-mile stretch of coastline, is owned by Thom Weisel, a financier who founded the San Francisco-based investment banking firm Thomas Weisel Partners Group. Today there are just 12 active listings on Hawaii Island for $10 million or more, three of them at Kkio: Thirty-year-old developer Adam Wong has an intoxicating vision for a vibrant and affordable Honolulu. Homes, Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate Sue Em.. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. Artist Christian Riese Lassen is known for his paintings of vibrant oceanscapes and sparkling dolphins, and his Kapalua home is inspired by that Technicolor turquoise aesthetic. questions. Telephone: 808-529-4747. listings agent to show a property. *Want more? CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM. Perry says some ultra-high-end buyers who may have looked at the Neighbor Islands in the past are now checking Oahu. Share this property by completing the the form below. Copyright 2023 HiCentral MLS, Ltd Are you interested in a real estate career in Hawaii? Voted as The Hippest Town in Kauai by VOGUE, Hanalei has officially hit the map. 1118 Ala Moana Boulevard, GPH 35, Honolulu|MLS #:201629077. For example, a $1.6 million-dollar listing in Los Angeles would not be considered a luxury home. Zillow, Inc. holds real estate brokerage licenses in multiple states. Ocean, waterfalls, and sunsets, are only what nature has pleasantly provided. 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. The amount of dwelling coverage makes a big difference in rates. 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. 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. For more information, visit 1600 Asylum Ave.'s real estate listing. 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. 1. 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. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. DMCA Notice. }(document, 'script', 'wibbitz-static-embed')); Between sleek architectural designs with panoramic ocean views to overly large acreage plantation estates, lets explore what millions of dollars can get you across Kauai, Hawaii. In Central Oahu, developer Castle & Cooke Hawaii delivered its first market-priced home at Koa Ridge in November and expects to have an initial increment of 140 affordable homes finished late this year and early next year as part of an agreement calling for 1,050 affordable homes at the3,500-home project between Waipio and Mililani. StormoGipson is referring largely to guidelines of the Hawaii Housing Finance and Development Corp., a state agency that helps private developers produce affordable housing. Developers in Kakaako, however, also may deliver affordable housing under HHFDC rules if they produce a greater share of below-market homes.

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