The main home features 7 bedrooms, 3 of which are master suites. An average home in the area will set you back around $863,632, according to Zillow. Our median home price is over $1 Million and as local real estate investors, we are looking for ways to keep houses affordable. If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 7. Though 73% of the homes are valued at $1 million or more, less than 42% of households in the city earn $200,000 or more annually. Copyright 2023 HiCentral MLS, Ltd The 4,375-square-foot home built in 1929 comes with six bedrooms and five bathrooms, as well as a sunroom, elevator, finished basement and office, according to listing photos. Hawaii, What a Million Dollars Will Buy in These States Alaska: 4 Bedroom, 4 Bath in Chugiak Price: $995,000 Square feet: 5,631 Year built: 2009 Check out the: 2.5-acre lot Kihei Beachfront Real Estate 1470 Halama Street. 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. 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. Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate Sue Em.. 2 most expensive house, for example, is officially owned by Kukio Limited. Youll also be able 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. 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. It contains a link to reset your password. A two-bedroom home that costs $1 million technically can be defined as affordable for some households eligible for government-subsidized housing. Whoever is willing to pay that kind of money will be able to enjoy the 6,294-square-foot interior that has everything you need to stay cozy. Nestled by a tropical mountain and offering unobstructed ocean views, $9,650,000 will get you this home whose interior is just as remarkable as the exterior. This oceanfront Kukio property grabs the No. Ft List Price: $2,100,000 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. Copyright 2016, Hawaii Information Service. Ocean, waterfalls, and sunsets, are only what nature has pleasantly provided. Estates, $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. }(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. Once you click Telephone: 808-529-4747. Island and beachfront homes don't have to cost millions . Ocean View, 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. Youll have access to thousands of homes for sale that are currently on the market. 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). Pictured here are homes under construction earlier this month. Shown. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. What I love: In conclusion, 9 out of the 10 homes are located on Kauais green and lush North Shore. 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. (There are no lots 2 and 3Dell combined three 1-acre parcels.) Thank you! 87-3163 Hawaii Belt Rd is a 1,024 square foot house on a 5 acre lot with 1 bedroom and 1 bathroom. Golf green & bunker practice area designed by American Golf Course Architect, Custom home offered for the very first time, 1.46 Acres, the largest acreage offered in the exclusive Kahalawai neighborhood. 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. There are only about five single family homes and 25 condos selling for around $1 million. This enchanting Balinese-inspired Hawaiian real estate has a stunning outdoor area comprised of a koi pond, oceanfront pool, and waterfall. From plantation towns to planned communities, Central Oahu has its share of secret spots, a bumper crop of bowling alleys and neighborhood eats. 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. Land, Share this property by completing the the form below. Pool, Kilauea proves time and time again a favorite getaway for celebrities, and this home shares its Aloha with many of them. Want to stay up to date with these properties or others on our beautiful island? Avoid headaches with our guide. Rich with contemporary textures, design, and emotion, this masterpiece infuses New York upscale taste with Kauais relaxed natural beauty. A stunning manor in Oswego, IL See this Million Dollar Listing Listed by Redfin Agent Wendy Szostak 5 Bed, 6.5 Bath, 11,000 Sq. 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. 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. Kilauea sits in the heart of Kauais North Shore at the northernmost point of the State. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. 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. Check with the applicable school district prior to making a decision based on these boundaries. It is situated at the foot of Nihoku, an extinct volcano locally known as Crater Hill, and above Kahili Beach and Kilauea Bay. Read the full story with our Print & Digital Subscription. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Just minutes away are the Shops at Kukuiula where you can find fine dining, fresh boutiques, and a bustling community. On top of its whopping $36 million-dollar price tag, buyers should be prepared to shell out $11,100 a month in maintenance fees. In fact, there are only six Oahu properties on the entire list. Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. . 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. Guy Laliberte, the founder of the internationally known circus, is worth $2.5 billion, according to Forbes most recent list of the worlds billionaires. They need to be revisited and they need to be redone.. Each sale listing includes detailed descriptions, photos, amenities and neighborhood information for Hawaii. This Hawaiian home may cost $4,495,000, but it's surely worth every penny. 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. Log in now to continue reading this story. These formulas are out of whack, StormoGipson said. listings agent to show a property. 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 .". *Want more? 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. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. 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. 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 love to entertain, this home's expansive, seaside lanais can't be beat! It has been provided by sources other than the Realtors Assoc. Three factors household income, family size and interest rates are mainly used to compile annual housing affordability tables. This time, its not even the most expensive Kahala property. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. This modern 1.43-acre oceanfront estate claims 185 linear feet of beach frontage and includes a tennis court, pool and Jacuzzi lush set among lush tropical landscaping. But Kawamoto does not live in any of the properties. Kauai, Please help us to better serve you by answering these optional If youre looking for something a little smaller but with a similar epic view, how about this Kihei home for sale on the beach? Guests have included everyone from Prince to Michael Jackson and Mel Gibson. Property listed by Coldwell Banker Pacific Prop. Seventy-eight Hawai'i sales closed in that stratosphere in 2021, more than three times the number that sold in 2020. Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. Initial market-price homes at Koa Ridge range from the high $800,000s to $1 million. Save this listing and receive e-mail updates if the status of the property changes. Required fields are marked *. Waiea represents a new level of luxury in Hawaii and is the flagship building of Honolulus most distinguished urban neighborhood, Ward Village in Kakaako. He sold his mansion on the Bluffs of Mauna Kea (No. (Although when we flew over the property, the pond was all but empty. Activate your Digital Account now. Please switch to a supported browser or download one of our Mobile Apps. Dubbed Hale Palekaiko - House of Paradise - this recently completed contemporary tropical estate is designed by award-winning architect Peter Vincent. Without a doubt, waterfront properties are among the most coveted real estate in the world. Property listed by Hawaii Life Real Est. Musician Carlos Santana is trading up. 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. $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.. Who needs to swim in the ocean when youve got a pool this gargantuan? 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 . 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. 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. The Bay is surrounded by what seems to be hand-chiseled emerald mountains, flowing white waterfalls, and a resort-free environment. New Jersey). This is currently the most expensive home for sale in the esteemed Kukuiula community. 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. July 4, 2022 1 million dollar homes in hawaii . 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. 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? 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. This resort-like property includes a caretaker's cottage and is fully furnished. 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. Youll have direct and dramatic ocean views from the living room, lanai and master bedroom and access to your own secluded hidden beach. http://locationshawaii.imgix.net//locationsimages/logo.png. 3 spot even though it sits in the middle of acres of black lava rock in Kona; the luxury subdivision and golf course that will eventually surround it have yet to be built. What wows me: Large land offering at nearly 22 acres with a breathtaking, private view. 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. 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. 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Anini Beach is conveniently located between the town of Kilauea and Princeville. Data is deemed reliable but is not guaranteed accurate by the MLS. 19A new study shows U.S. coral reefs provide $1.8 billion in flood-risk benefits to property owners and people's livelihoods every year, with top value assigned to the reef stretching offshore of Diamond Head, Waikiki and Kakaako. We will not rent, share, or sell your information. 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. Found in Honolulu, this Hawaiian home is light, bright, and airy thanks to the white walls, vaulted ceilings, and large windows. The Dallas address listed for the tax bill, however, is the same as for Kitano Capital, which was incorporated by financier Ellis Short in 2007. Oahu has some famously expensive neighborhoods, such as Kahala, Portlock and Lanikai, but they dont appear in the top 10 spots on our list. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. Already a subscriber? Nationally, 2,300 residential properties across 30 markets closed for $10 million or more in 2021, more than double the transactions in 2020. 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. Hey, it doesn't hurt to dream, right? 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). 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. Developers note that affordable-housing regulations require a range of affordability that can include lower price limits tied to incomes at 80% of the median, and that maximum regulated prices are typically above realistic selling prices because of conditions put on buyers and competition from market-price homes. 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. 6 Beds 5 Baths 6,000 SqFt Residential MLS # 1630071. $1,395,000. Your friend will receive an e-mail from you with a link to view the details of this property. This information is believed to be accurate. Please note your appointment is not confirmed until an agent calls you. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. With plenty of luxurious hints, custom touches, and more than 6000 square feet of space, which includes five bedrooms. The place remains impressive, though. So $1 million will get you a nice place to live, but it won't get you the best. 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. to save your searches, see sold-property data, see exclusive foreclosure and 2,406 Sq. Bartz has a long tech pedigree: When she purchased the property in 2006, she was working as president and CEO of Autodesk, a design software company, and has also worked at Sun Microsystems and Digital Equipment Corp. Listed for $30 million, Idaho's new most . We hope to see you soon and trust you enjoyed learning about Mauis top beachfront luxury properties. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. Listing price: $1,000,000 Square feet: 4,900 Price per square. Your Email address will be kept private, this form is secure and we never spam you. 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. You can email me at inquiry@hawaiilife.com or via phone at (808) 370-3848. Vijay Singh's $23-million Hawaiian oceanfront estate is up for sale . Hawaii's most accurate home valuation tool. 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. Dreamy waterfront property Zillow Hawaii) will have less property taxes than a $250k home in other jurisdictions (e.g. 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. Locations, LLC may only show properties marked "Active" and "ACS". 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. October 31, 2018 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. Market Update, This 10,000-sqft grand penthouse is the ultimate in luxury living. The infinity pool and outdoor covered lanai are completed by a poolside barbecue and entertaining area. For $1 million, you could purchase this 1,600-square-foot, four-bedroom craftsman between North Beacon Hill and Judkins park. As the pinnacle of elegance and privacy, the exclusive listings of West Maui offer the kind of luxurious lifestyle that few are privy to. This, of course, isn't the first home in the area owned by O. Median property tax rates in the U.S.. HAWAII LIFE $24,000,000 4 bds 5 ba 3,706 sqft - House for sale 86 days on Zillow 360 Puuikena Dr, Honolulu, HI 96821 THE AGENCY MAUI. 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. 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 84 homes are expected to be sold later this year for $267,750 to $511,350 for studios to two-bedroom units. Golf Course, An updated cottage is on the market for $900,000 and offers three bedrooms and two bathrooms in 1,800 square feet. Currently, there are three oceanfront homes in Kailua Kona for under $1 million. 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. 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. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. 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. If you wish to report an issue or seek an accommodation, please let us know. Shown is Kakaakos The Collection condominium tower where five 2-bedroom, 2-bathroom units in the tower have sold for $1 million since September. 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.) Keep your eye on this property! A two-bedroom home that costs $1 million technically can be defined as affordable for some households eligible for government-subsidized housing. 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. 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. Luxury, Besides the coveted, surreal location, what else makes this home special? Moving to Hawaii, Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators
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