Brokerage. Property listed by Hawaii Life Real Est. 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. Oahu boasts some of the world's finest homes--and some of the world's heftiest home prices. 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. 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. 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. 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. }(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. 4408 Lawai Rd, Koloa, Hawaii MLS #664853 View Listing $24,000,000 Active 4 Beds 4 Baths 0.52 Acres 3,706 ft Residential 4421 Malolo Rd, Hanalei, Hawaii MLS #666820 View Listing $15,000,000 Active 4 Beds 4 Baths 0.8 Acres 3,706 ft Residential 4914 Lawai Rd, Poipu, Hawaii MLS #664619 View Listing REDUCED 6% $14,500,000 Active 3 Beds 3 Baths Interested? Nobody has this. The property is officially owned by Palekaiko Limited Partnership, the Montreal office of which is the same as the headquarters of Cirque du Soleil. (There are no lots 2 and 3Dell combined three 1-acre parcels.) 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 home is now owned by Houston-based Fayez Sarofim. Christian Weis, Golf Course, Check your inbox for an email from brokersmls@locationshawaii.com. 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. 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. More definitively, 7 out of the 10 homes are located in Kilauea. 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. North Shore Agents, Aloha and happy VA home buying! Youll have direct and dramatic ocean views from the living room, lanai and master bedroom and access to your own secluded hidden beach. The land is currently valued at $14.3 million. If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Hawaii ranked ninth in the nation in sales volume last year for residential properties that sold for $10 million or more, according to a recent report by the real estate firm Compass. Its owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. 10 Stunning Million-Dollar Homes In Hawaii - HouseDigest.com 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). The main home features 7 bedrooms, 3 of which are master suites. Information is deemed reliable but not guaranteed. The dollar volume of $1.1 billion was 158% more than the year before, according to the Compass report. 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. 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. While there are sure deals to be found, real estate happens to be pretty darn pricey in paradise. Print subscriber but without online access? Listing price: $1,000,000 Square feet: 4,900 Price per square. Kauai, If youre looking for something a little smaller but with a similar epic view, how about this Kihei home for sale on the beach? In most cases, the property details are also based on publicly available city and county data. 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. This island is home to some stunning natural beauty that will make your jaw drop! Hawaii, USA Luxury Real Estate - Homes for Sale - SIR-Webserver 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. Dollar Homes are single-family homes that are acquired by the Federal Housing Administration (FHA) as a result of foreclosure. The bar starts at $16 million and goes up from there. 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. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators Shown. Louisville KY Luxury Homes for Sale - Garretts Realty 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. Kauai Luxury Real Estate | Kauai Luxury Homes For Sale . Designed to be a "home without walls," the wide-open spaces are surrounded by floor-to-ceiling windows that boast views of the beautiful blue pool, gorgeous green lawns, and majestic ocean. Real Estate, This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Developers in Kakaako, however, also may deliver affordable housing under HHFDC rules if they produce a greater share of below-market homes. Ocean, waterfalls, and sunsets, are only what nature has pleasantly provided. 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. var js = d.createElement(s); js.id = id; That's up from 4.8% (3.5 million . 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We incorporated elements of Christians art throughout the house, says architect Jeff Long. The price of the home purchased by Adam Weiss and Barret Swatek on July 30 is the second-highest sale in Hawaii, said. Here's Where You Can Often Buy Single-Family Homes on O'ahu for Under Million-Dollar Oahu Homes Shrink In Size - Honolulu Civil Beat Think of it this way: This 17,408-square-foot interior is almost half an acre of house. Oahu currently has 18 active listings for single-family homes priced at $10 million or more. Most Expensive House in Hawaii Is a $70M Compound on Kauai - realtor.com Guy Laliberte, the founder of the internationally known circus, is worth $2.5 billion, according to Forbes most recent list of the worlds billionaires. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Featuring vast interiors, world-class amenities, and panoramic views, these homes were inspired by the all-new Redfin Premier. How many photos are available for this home? The typical home in the Evergreen State is valued at about $438,300, while in Seattle, the median sold home price is $765,000. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. 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. Please help us to better serve you by answering these optional Metros With Largest Share of $1 Million Homes | LendingTree As an owner, you receive exclusive access to hiking and equestrian trails in the National Wildlife Preserve. 500 Ala Moana Blvd. 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. I got married here on Kauai in June to my husband, Derek, and want to share the loving experience with you! If you wish to report an issue or seek an accommodation, please let us know. 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. In San Francisco, another tech hub, more than 36 percent of homes were valued at $1 million or more, with a median value of $840,600. Estates, Under his management, the venture-capital company has invested, quite successfully, in tech-based startups; its portfolio includes a grab bag of up-and-comers in software, healthcare and computer technology. 1133 Ikena Circle, Honolulu|MLS #:201612012. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Your Email address will be kept private, this form is secure and we never spam you. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaiis biggest residential transactions ever. For example, a $1.6 million-dollar listing in Los Angeles would not be considered a luxury home. 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. If you love to entertain, this home's expansive, seaside lanais can't be beat! Effective Jan. 1, 2020: The VA Loan Limit is NO LIMIT! - Hawaii VA Loans Posted on Youll have access to thousands of homes for sale that are currently on the market. It is home to the historic Kilauea Lighthouse, National Wildlife Refuge, and Kilauea Lighthouse Village the North Shores newest commercial development in over 40 years. 5949 Kalanianaole Highway, D, Honolulu|MLS #:201623396. Hey, it doesn't hurt to dream, right? 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. According to Locations, million-dollar homes have been shrinking the fastest in Hawaii Kai by 20% over the past five years. 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 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. Luxury Waterfront Homes and Oceanfront Properties for Sale Hawaii Property Tax Calculator - SmartAsset On this compound youll find: The Seacliff Plantationhas 48 building sites ranging in size from 3 to 10 acres. This Wailea property, known as sandy surf, isnt used as a full-time residence. Hawaii) will have less property taxes than a $250k home in other jurisdictions (e.g. Read my blogs to learn about the newKilauea Lighthouse Village and Real Estate in Kilauea. Tasteful interior design by Hawaiis top designer, Large lanais and seamless indoor/outdoor living, 5,100 sqft. Furthermore, HHFDC rules allow households earning as much as 140% of the median income to qualify for subsidized housing. Copyright 2016, Hawaii Information Service. Where Are the Million-Dollar Homes? - The New York Times Waiea represents a new level of luxury in Hawaii and is the flagship building of Honolulus most distinguished urban neighborhood, Ward Village in Kakaako. That's not to mention the dolphins that tend to swim around the residence. 280 Poipu Drive, Honolulu|MLS #:201622633. Please switch to a supported browser or download one of our Mobile Apps. Their guidelines clearly need revamping.. And he seems to be doing his best to make sure almost no . With Kanewai Spring on one side and Paiko Lagoon and wildlife sanctuary on the other, this home claims 700 feet of water frontage--the most on our list. This information is believed to be accurate. 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. Sellers, North Shore, Featured properties may or may not be listed by the office/agent presenting this brochure. Sitting on the water, this stunning four-bedroom home costs $2,695,000. Your email address will not be published. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. Of course, those are just two examples of the kinds of stunning homes in Hawaii that would cost you a fortune. Without a doubt, waterfront properties are among the most coveted real estate in the world. 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. When it comes to luxury living, nowhere else in the world can compare to Maui. This estate may cost $19.5 million, but that price includes two homes on one incredible property. 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. 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. This email is already registered. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. The home offers almost 5,000 square feet of space. Square Footage: 7,500 (includes outdoor living space) Beds/Baths: 5 bedrooms and 5 bathrooms, with two partial baths. $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.. 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. It found million-dollar homes are most prevalent in California and Hawaii, where nearly 1 in 4 are in that price range. How things have changed. DMCA Notice. Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners. 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. The Tax Rate on a $2 Million Home in Each U.S. State - Mansion Global 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. Information is deemed reliable but not guaranteed. Found in Honolulu, this Hawaiian home is light, bright, and airy thanks to the white walls, vaulted ceilings, and large windows. 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 average interest rate nationally for a 30-year fixed mortgage recently was 2.7%, which means the current affordable price could be over $1,026,800 for a two-bedroom home. 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. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. agreeing to our Haena Point serves as the perfect gateway between Mauka (Mountains) and Makai (Ocean). 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. Keep your eye on this property! Its owned by Helen and Charles Schwab. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. 51 Kaikea Place, Kailua 96734 | MLS #:201715306. Of course, you'd surely want to spend all of your time outside soaking up both the sun and the view. The agent who gave you access to this website is no longer with Locations LLC. The No. 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. HUD's Dollar Homes Initiative for Local Governments | HUD Homes for Sale Check out my beautiful Kauai wedding. 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. Youll also be able ft. central . Hawaii's most accurate home valuation tool. By NANCY COOK LAUER West Hawaii Today | Friday, May 1, 2020, 12:05 a.m. Share this story.
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