We will not rent, share, or sell your information. This home features a private elevator, unsurpassed 360-degree views, a private rooftop infinity pool, sky lanai with outdoor kitchen and pool house, and 4-car garage. 202 Kaikuono Place, Honolulu 96816|MLS #:201714663. There Are More Million-Dollar Homes in the U.S. Than Ever Before. But The typical home in the Evergreen State is valued at about $438,300, while in Seattle, the median sold home price is $765,000. In fact, there are only six Oahu properties on the entire list. Check with the applicable school district prior to making a decision based on these boundaries. This Vladimir Ossipoff-designed home is best known as the long-time residence of socialite Clare Boothe Luce, wife of noted magazine publisher Henry R. Luce. What a $1 Million Home Looks Like in Every State | Work + Money 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. We assembled a similar list in 2005, limited to the City and County of Honolulu. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. other brokerage firms. Effective Jan. 1, 2020: The VA Loan Limit is NO LIMIT! - Hawaii VA Loans $17 MILLION Mansion on Oahu, Hawaii - Home Tour - YouTube 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. under roof Designed by world-renowned architect, Bing Hu The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. The median price of a Maui home topped $1.1 million in June. This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. It's got spacious,. 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. The second-most expensive home on the market is also a penthouse in the Waiea building. 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. For a whopping $23.5 million, the new owner of this home will find it fully furnished. OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. 3215 Diamond Head Road, Honolulu|MLS #:201709585. The agent who gave you access to this website is no longer with Locations LLC. Homes: What you can buy for $1.5 million - CBS News 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. Designed by award-winning architect James K.M. I,m sure 35 Million Dollar Home in Miami will let Zelensky have his Sun Tan. This Hawaiian home may cost $4,495,000, but it's surely worth every penny. Required fields are marked *. . HUD's Dollar Homes Initiative for Local Governments | HUD Homes for Sale Moving to Hawaii, This island is home to some stunning natural beauty that will make your jaw drop! You're reading a premium story. Boulder's gap between the percentage of million-dollar homes and the number of households that may be able to afford them is particularly interesting given recent increases in home values. 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. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. who has put his $23-million, 52-acre Hawaiian oceanfront estate up for sale. Their guidelines clearly need revamping.. What $5 Million Can Buy You in Hawaii - Haute Residence by Haute Living Since 2007, 20 homes have sold for once unthinkable nine-figure price tags, though many more have tried and failed. Caranos Kukio house may look compact compared with many of the other Kona estates, but it packs a lot into the more-than- 14,000-square-foot interior: the house is valued at $18.2 million, almost five times as much as the land on which it sits. Hawaii Property Tax Calculator - SmartAsset Calculate how much you'll pay in property taxes on your home, given your location and assessed home value. #7-500 Please switch to a supported browser or download one of our Mobile Apps. There are only about five single family homes and 25 condos selling for around $1 million. Offering three bedrooms, two bathrooms, and an open concept modern design, this stunning home that boasts a view of the nearby valley hit the market for $1,888,000. Check out our teams current North Shore listings. In most cases, the property details are also based on publicly available city and county data. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. While there are sure deals to be found, real estate happens to be pretty darn pricey in paradise. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. (Although when we flew over the property, the pond was all but empty. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. If youre looking for something a little smaller but with a similar epic view, how about this Kihei home for sale on the beach? 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. 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. What a $1 Million Home Looks Like Across America - Trulia's Blog The land is currently valued at $14.3 million. Compare your rate to the Hawaii and U.S. average. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. 6 Beds 5 Baths 6,000 SqFt Residential MLS # 1630071. Learn more. This browser is no longer supported. Its owned by Hale O Aloha, which shares a mailing address with SalesForce Inc., a cloud-computing software company founded by Marc Benioff, a 30-year-veteran of the software industry. 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. This estate may cost $19.5 million, but that price includes two homes on one incredible property. What the celebrities and I love about this 6-acre private sanctuary: Seacliff Plantationis a gated community located between the town of Kilauea and the Kilauea Lighthouse. 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. The lavish lair has officially sold for $46.1 millionfar less than its asking price, yet still enough to set a record as the priciest single-family home ever sold in the state. 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. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. 20 Kai Ala Drive. 11 stunning island and beachfront homes for sale across the US for under $1 million. StormoGipson is referring largely to guidelines of the Hawaii Housing Finance and Development Corp., a state agency that helps private developers produce affordable housing. funeral homes dixon mo. var js = d.createElement(s); js.id = id; Last year at the state Legislature, then-Sen. Laura Thielen and Sens. 1118 Ala Moana Boulevard, GPH 36, Honolulu|MLS #:201612214. At $27.5 million, a compound with four bedrooms and 4.5 baths on 1.8 acres. The New York City metropolitan area where an apartment . Its owned by Helen and Charles Schwab. Kapalua Beachfront Home for Sale. Locations, LLC may only show properties marked "Active" and "ACS". 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. 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. Property listed by Sachi Hi Pacific Century Prop. The Tax Rate on a $2 Million Home in Each U.S. State - Mansion Global Median property tax rates in the U.S.. Still, the allowance draws attention to longstanding criticism that regulations defining affordable housing in Hawaii are out of whack., These formulas get to be so crazy that they get to be above market price, said Kenna StormoGipson, an analyst with a Hawaii Appleseed Center for Law and Economic Justice project called the Hawaii Budget and Policy Center. 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. Homeowner Tomomi Kimura, chairman of a Tokyo-based shipping company, commissioned the house in 1992, the same year the summer Olympics were held in Barcelona. We've rounded up the top 10 most expensive homes currently for sale in Honolulu so you can see how the ultra-rich and famous live. Lenihan Sotheby's International Realty. 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. Designed by Hawaii's premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a . 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. Designed by Hawaiis premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a lifestyle found nowhere else in the world. 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? 2 most expensive house, for example, is officially owned by Kukio Limited. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. The 84 homes are expected to be sold later this year for $267,750 to $511,350 for studios to two-bedroom units. In addition to the main 4-bedroom, 4.5-bathroom residence, the property also includes a 3-bedroom, 3.5-bathroom guest residence and outdoor entertainment pavilion with poolside bar, kitchen and spa bathroom. Just minutes away are the Shops at Kukuiula where you can find fine dining, fresh boutiques, and a bustling community. Buyouts have been good for Roberts: Forbes ranked him No. 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. in Agents, Architecture, Beachfront, Decor, Design, For Sale, Hawaii, Interior Design, Kauai, Lifestyle, Luxury, Market Intelligence, Market Trends, Marketing, Moving To Hawaii, Ocean View, Oceanfront, Acreage, Currently, there are three oceanfront homes in Kailua Kona for under $1 million. Overlooking the water just across the bay from the Mauna Lani Resort, this wedge-shaped Kona property belongs to Toyota Motor Sales USA. To start your real estate search, simply enter your property type whether a home, condo, townhouse, or vacant land and then your specific location. Insurance policy - Wikipedia The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. It found million-dollar homes are most prevalent in California and Hawaii, where nearly 1 in 4 are in that price range. by Emmy Favilla BuzzFeed Staff Alabama $1.09. Louisville KY Luxury Homes for Sale - Garretts Realty Los Angeles was the top market with 628 properties selling for $10 million or more, followed by New York Citys Manhattan with 326 transactions. If you are interested in appearing on our hit HGTV show Hawaii Lifeduring the process of purchasing a home or condo here on Kauai, Contact Me to find out how. 10 Stunning Million-Dollar Homes In Hawaii - HouseDigest.com (function(d, s, id) { BLM Co-Founder Buys $1.4 Million Home In Virtually All-White Area 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. 3 Big Island Oceanfront Homes Under $1 Million - Hawaii Life 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's Top 10 Most Expensive Homes | Locations - Locations Hawaii Real This, of course, isn't the first home in the area owned by O. Haena Point serves as the perfect gateway between Mauka (Mountains) and Makai (Ocean). 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. 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.) 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. By registering, you are Remember to save your search to receive email alerts when new listings that fit your . If you're interested in becoming a Hawaii homeowner, we encourage you to begin our smooth and secure application process. 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. 6 bedrooms * 9 full and 2 half bathrooms * 11,938-sq.-ft. interior * 33,306-sq.-ft. lot. Michael G. McCafferys $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. Rich with contemporary textures, design, and emotion, this masterpiece infuses New York upscale taste with Kauais relaxed natural beauty. Officials mull extra property tax on second homes to shore up county Sorry for the inconvenience, Locations LLC. Brokerage. Hawaii, USA Luxury Real Estate - Homes for Sale - SIR-Webserver CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM. So $1 million will get you a nice place to live, but it won't get you the best. If you wish to report an issue or seek an accommodation, please let us know. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. With two homes sitting atop 2.5 acres in the prestigious Makiki Heights neighborhood, this property offers the largest land area on our list. I got married here on Kauai in June to my husband, Derek, and want to share the loving experience with you! 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). Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. A two-bedroom home that costs $1 million technically can be defined as affordable for some households eligible for government-subsidized housing. If you have any questions about these beachfront properties in Hawaii or other listings, make sure to contact us today. Featured properties may or may not be listed by the office/agent presenting this brochure. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Your email address will not be published. Hawaii County assesses the house alone at $28.5 million, but the better part of the $61 million valuation of this property is the land itself. May we suggest a car dealership? Three factors household income, family size and interest rates are mainly used to compile annual housing affordability tables. We will not rent, share, or sell your information. Shown. Homes, Sitting on the water, this stunning four-bedroom home costs $2,695,000. If you have $3,995,000, then you can snap up this unique home in Haiku, Hawaii. 2,406 Sq. Please help us to better serve you by answering these optional 280 Poipu Drive, Honolulu|MLS #:201622633. Moving here? Shown is a 4-bedroom, 3-bathroom Mililani Mauka home that recently sold for $1 million. 500 Ala Moana Blvd. At $38 million, a seven-bedroom, 8.5-bath home. Copyright 2023 MLS Hawaii, Inc. All rights reserved. All three are just adorable, but perhaps my favorite is the home next to Honl's Beach, currently listed for $895,000. If you've been dreaming of moving to Hawaii, then you might want to make sure that you have a big enough budget. Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. These formulas are out of whack, StormoGipson said. 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. Japanese Billionaire Owns 27 Houses In 'Beverly Hills Of Oahu' - HuffPost Amenities: The villa surrounds a 900 sq. Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. 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. It belongs to Carol Ann Bartz, the president and CEO of Internet service company Yahoo! of indoor/outdoor living, 9 acres of property the most land area offered in Haena in 9 years, 100s of beachfront footage on Tunnels Beach. Los Angeles Luxury Homes for Sale | Los Angeles Luxury Real Estate Maui Luxury Real Estate: Beachfront Mansions & Million Dollar Homes 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. Hey, it doesn't hurt to dream, right? Share this property by completing the the form below. We hope to see you soon and trust you enjoyed learning about Mauis top beachfront luxury properties. We're able to accomplish this . 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. 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. 11 Island and Beachfront Homes for Sale Under $1 Million - Business Insider There are several others, including the following million-dollar homes in the Aloha State. I have been told never to give two children equal shares. 11 Stunning Million Dollar Dream Homes On the Market Today - Redfin Millionaires in America 2020: All 50 States Ranked | Kiplinger Hawaii's 'million-dollar reefs' need more funding to protect us, study 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. From plantation towns to planned communities, Central Oahu has its share of secret spots, a bumper crop of bowling alleys and neighborhood eats. Our median home price is over $1 Million and as local real estate investors, we are looking for ways to keep houses affordable. Designed in 1964 by renowned Hawaii archtect Vladimir Ossipoff the home is reminiscent of old Hawaii but upgraded with modern amenities, including an open floor plan and pool. The 15.33-acre property comes. Interested? Want to stay up to date with these properties or others on our beautiful island? Hawai'i's Ultra High-End Homes: $1.1 Billion in 2021 Sales Were always looking forward to meeting with eager investors such as yourself and do our best to deliver top-quality service to our customers. 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 Kahala Avenue property. Jaw-dropping features include: Known as Hale Ae Kai, or Where the land meets the sea, this estate is not only Kauais most expensive home on the market, it is the most expensive offering in all of Hawaii. the Saudi governmentAKA the . North Shore, Already have an account? What should the owners of a family business consider when dividing shares of stock among their children? Aloha and happy VA home buying! This figure is then adjusted in a way that results in Honolulus median income being defined by family size, including $88,200 for a single person and $125,900 for a family of four. Other features include 50-foot-long glass windows, a practice green, a barbecue area and a state-of-the-art audiovisual system, says local architect Toshi Suzuki, who designed the mauka side of the property in 2000. But throw Slavic Ukrainians into Civil War with Russia First . Luxury West Maui Property. Hawaii) will have less property taxes than a $250k home in other jurisdictions (e.g. ft. central . 87-3163 Hawaii Belt Rd is a house currently priced at $895,000. Information is deemed reliable but not guaranteed. Avoid headaches with our guide. 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. Activate your Digital Account now. Oceanfront, 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. *Want more? It would be hard to find a more spectacular location for a dream home. $30M Lakefront Estate Takes Over as Idaho's Most Expensive Home 4 Baths. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators 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. The living spaces of this sprawling property have been impeccably designed, offering facilities such as a glittering pool, four-car garage, gym, BBQ area, and an elevator. The home is on the market for $799,000. 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. 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. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-04 06:12:05 PST. Brokerage. If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. For $1 million, you could purchase this 1,600-square-foot, four-bedroom craftsman between North Beacon Hill and Judkins park. listings agent to show a property. You have already registered using your FB account. Property listed by Aska Estate Hawaii Inc. 72 Kalaheo Avenue, Kailua 96734|MLS #:201714646. Hawaii Life | HGTV Used under license. This information is believed to be accurate. Nationwide, a record 8.2% of U.S. homes (6 million) were valued at $1 million or more in February, according to a new report from real estate brokerage Redfin. In Hawaii, properties range from $50K plots of land to $50 million-dollar dream homes, from Oahu to Kauai to the Big Island to Maui. Ft List Price: $2,100,000 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. 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). Listing provided by Hicentral MLS $17,000,000 Buyers, Privacy Policy. South Side, . Information herein deemed reliable but not guaranteed. Seventy-eight Hawai'i sales closed in that stratosphere in 2021, more than three times the number that sold in 2020. At Sky Ala Moana, a tower rising near Oahus largest shopping center, the developer agreed to produce 84 affordable condos under city regulations allowing maximum prices tied to 120% of median household incomes. 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. He sold his mansion on the Bluffs of Mauna Kea (No. Such conditions can include the right of a government agency to buy back the home for a below-market price if sold within a number of years, and a requirement that the homeowner pay an agency a share of appreciation no matter when the home is resold. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. For Sale, The distribution of these palatial properties is also illuminating. Oahu boasts some of the world's finest homes--and some of the world's heftiest home prices. However, some of the biggest master-planned communities on Oahu are now in relatively early stages of producing hundreds of homes subject to the older, higher limit. 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.