Homes, By NANCY COOK LAUER West Hawaii Today | Friday, May 1, 2020, 12:05 a.m. Share this story. Aptly named after the quiet waters of the Anini lagoon, Wailana Mlie is a truly timeless Polynesian estate. 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. We assembled a similar list in 2005, limited to the City and County of Honolulu. 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. The Super Rich Are Buying $100 Million Homes. For Some, One Isn - WSJ 4 Baths. . A two-bedroom home that costs $1 million technically can be defined as affordable for some households eligible for government-subsidized housing. 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. 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. In Waipahu, where the median price rose by 14% to $840,000, the number of single-family homes sold nearly doubled to 23. For example, a $1.6 million-dollar listing in Los Angeles would not be considered a luxury home. Information herein deemed reliable but not guaranteed. Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on 2023-03-04 06:12:05 PST. 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 .". We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Required fields are marked *. This Hawaiian home may cost $4,495,000, but it's surely worth every penny. }(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. 2,406 Sq. Avoid headaches with our guide. At $27.5 million, a compound with four bedrooms and 4.5 baths on 1.8 acres. 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. Square Footage: 7,500 (includes outdoor living space) Beds/Baths: 5 bedrooms and 5 bathrooms, with two partial baths. Send a message and we'll respond shortly. Already a subscriber? The median single-family home price in Wahiaw jumped by 38% to $925,000, from $671,500 last year. 87-3163 Hawaii Belt Rd is a house currently priced at $895,000. Tour Homes. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. So $1 million will get you a nice place to live, but it won't get you the best. (function(d, s, id) { Interested? One of only 19 homes along this treasured section of Diamond Head Road, this beachfront residence offers nearly 100 feet of linear ocean frontage and is within walking distance to Waikiki. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. #7-500 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. The 15.33-acre property comes. May we suggest a car dealership? You're reading a premium story. This five-acre west-Maui estate is located in the exclusive gated community of Pu'unoa Estates. 3215 Diamond Head Road, Honolulu|MLS #:201709585. If you've been dreaming of moving to Hawaii, then you might want to make sure that you have a big enough budget. South Side, Beachfront, This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. The .7-acre lot is assessed at $13.3 million. As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. We will not rent, share, or sell your information. 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. From plantation towns to planned communities, Central Oahu has its share of secret spots, a bumper crop of bowling alleys and neighborhood eats. By registering, you are This time, its not even the most expensive Kahala property. Information is deemed reliable but not guaranteed. This resort-like property includes a caretaker's cottage and is fully furnished. If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. Oceanfront Home +Vacation Rental Cottage, Former home of prominent architect, Elliott Rosenblum, 1,000-ft. driveway into your 4,395 sqft. 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. 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. What $5 Million Can Buy You in Hawaii - Haute Residence by Haute Living 12203 Lucas Ln, Louisville. Professional protocol requires agent to set up an appointment with the The sprawling mansion also includes a spa, tatami room and commercial-grade kitchen thats five times bigger than a lot of restaurants in town, says Yamamoto. Congratulations, you have access to Hawaii's most comprehensive Real Estate Search! 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. Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. The dollar amount listed for each house is the countys most recent assessment of its value, for tax purposes. Luxury homes for sale in Australia | JamesEdition Data is deemed reliable but is not guaranteed accurate by the MLS. Owners Charles and Elizabeth Thieriot frequently rent the place out for extravagant vacationers. Besides the coveted, surreal location, what else makes this home special? It found million-dollar homes are most prevalent in California and Hawaii, where nearly 1 in 4 are in that price range. What a $20 Million Home Looks Like in 7 Cities With two homes sitting atop 2.5 acres in the prestigious Makiki Heights neighborhood, this property offers the largest land area on our list. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators 10 Stunning Million-Dollar Homes In Hawaii - HouseDigest.com The current U.S. median home value is $182,500, according to Zillow. 1118 Ala Moana Boulevard, GPH 35, Honolulu|MLS #:201629077. Living large comes easily in this grand Pavilions estate. Hawaii, In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. According to Curbed, she purchased a 23,000-square-foot home also in Montecito for a reported $50 million back in 2004.The home was . 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. 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 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. *Want more? 23). Luxury Home for Sale in Hawaii: Fantastic value for this outstanding rare perfectly remodeled ground-floor 2 bedroom, 2 bath unit with a comfortable easy living lifestyle and garden view. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. The home's great room boasts inspiring ocean views. 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. The typical home in the Evergreen State is valued at about $438,300, while in Seattle, the median sold home price is $765,000. 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. Hey, it doesn't hurt to dream, right? Kilauea sits in the heart of Kauais North Shore at the northernmost point of the State. Designed by award-winning architect James K.M. Please switch to a supported browser or download one of our Mobile Apps. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. For Sale, We hope to see you soon and trust you enjoyed learning about Mauis top beachfront luxury properties. 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. 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. Copyright 2016, Hawaii Information Service. Kauais most expensive beachfront listing is located on Hanalei Bay in the North Shore. That's not to mention the dolphins that tend to swim around the residence. Hawaii Life | HGTV Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved stoke city players weekly wages; battle of bataan casualties; mission hills country club membership cost; tica friendly hotels san jose; . Next August 13th, 2019 Erin Delgado Hawaii County might take a page from Honolulu's playbook and tack an extra property tax on multi-million dollar residences. HUD's Dollar Homes Initiative for Local Governments | HUD Homes for Sale Locations, LLC may only show properties marked "Active" and "ACS". Vijay Singh's $23-million Hawaiian oceanfront estate is up for sale . Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. The home is now owned by Houston-based Fayez Sarofim. Homes: What you can buy for $1.5 million - CBS News Luxury Waterfront Homes and Oceanfront Properties for Sale Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate Sue Em.. Weisel is a three-time world masters cycling champion. 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. Kauai Luxury Real Estate | Kauai Luxury Homes For Sale Nationally, 2,300 residential properties across 30 markets closed for $10 million or more in 2021, more than double the transactions in 2020. 2 most expensive house, for example, is officially owned by Kukio Limited. 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. 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. Stunning Multi-Million Dollar Hawaii Beachfront Real Estate in Maui This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. Beyond that, this lovely residence offers a modern design, theater, and a view of the water and mountain from the living room, kitchen, and bedroom. Musician Carlos Santana is trading up. Honolulu HI Luxury Homes For Sale - 1253 Homes | Zillow The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. According to Locations, million-dollar homes have been shrinking the fastest in Hawaii Kai by 20% over the past five years. Posted on All rights reserved. That limit equates to $123,480 for a single person and $176,260 for a family of four. If youre getting married on Kauai, contact me and I can point you in all the right directions! 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. If you're interested in becoming a Hawaii homeowner, we encourage you to begin our smooth and secure application process. Moving here? If you wish to report an issue or seek an accommodation, please let us know. Once you click Hawaii, HI Homes for Sale & Real Estate | Point2 The price of the home purchased by Adam Weiss and Barret Swatek on July 30 is the second-highest sale in Hawaii, said. If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. The 25 Most Expensive Homes On Oahu - Leis of Hawaii 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. 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. 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. The 25 Most Expensive Homes in Hawai'i - Honolulu Magazine This is one of the few properties on our list that sold for less than its assessed value. 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. When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. 11 stunning island and beachfront homes for sale across the US for under $1 million. Hawaii Luxury Homes, Mansions & High End Real Estate for Sale - Redfin LAURA RUMINSKI/West Hawaii Today A luxury home on the beach at Kukio. All rights reserved. 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. Featured properties may or may not be listed by the office/agent presenting this brochure. One note: We restricted this list to single parcels as defined by the county tax offices. Read the full story with our Print & Digital Subscription. Dollar Homes are single-family homes that are acquired by the Federal Housing Administration (FHA) as a result of foreclosure. How many photos are available for this home? 5403 Kalanianaole Highway, Honolulu|MLS #:201628812. CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM. 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. 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. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. Hawaii, USA Luxury Real Estate - Homes for Sale - SIR-Webserver 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. 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).