Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. Read the full story with our Print & Digital Subscription. Hawaii, HI Homes for Sale & Real Estate | Point2 This time, its not even the most expensive Kahala property. The bar starts at $16 million and goes up from there. of Maui and should not be relied upon without independent verification. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. ft. central . Not only is the lot 2.5 acres, there are 2.5 acres of conservation land in front, and another 3 acres of resort common area in back. This resort-like property includes a caretaker's cottage and is fully furnished. 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. 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. agreeing to our 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. 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.) Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. As of October 2018, I present the 10 most expensive residential homes for sale on Kauai. Check out our teams current North Shore listings. At least eight homes on the North Shore of Kauai each sold for more than $20 million. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. Avoid headaches with our guide. The Tax Rate on a $2 Million Home in Each U.S. State - Mansion Global 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. Luxury, Operating farm coconuts, citrus, extensive orchards, and exotic palms. 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. 11 Stunning Million Dollar Dream Homes On the Market Today - Redfin So $1 million will get you a nice place to live, but it won't get you the best. 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. Most Expensive House in Hawaii Is a $70M Compound on Kauai - realtor.com On top of its whopping $36 million-dollar price tag, buyers should be prepared to shell out $11,100 a month in maintenance fees. 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. Last year at the state Legislature, then-Sen. Laura Thielen and Sens. Tasteful interior design by Hawaiis top designer, Large lanais and seamless indoor/outdoor living, 5,100 sqft. 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. 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. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. Insurance policy - Wikipedia 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 The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 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. 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. The second-most expensive home on the market is also a penthouse in the Waiea building. 12203 Lucas Ln, Louisville. 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. May we suggest a car dealership? 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. As the pinnacle of elegance and privacy, the exclusive listings of West Maui offer the kind of luxurious lifestyle that few are privy to. Learn more. Send a message and we'll respond shortly. In Hawaii Kai, supply is low and competition is high with many properties selling for more than their listed price. 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. 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. Check your inbox for an email from brokersmls@locationshawaii.com. Aloha Hawaii community !! Oahu affordable housing could include $1M homes under state guidelines Think of it this way: This 17,408-square-foot interior is almost half an acre of house. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. Information is deemed reliable but not guaranteed. He packed his home with amenitiesJacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. 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. 202 Kaikuono Place, Honolulu 96816|MLS #:201714663. A two-bedroom home that costs $1 million technically can be defined as affordable for some households eligible for government-subsidized housing. Of course, when you live on an oceanfront Hualalai estate, you dont need to pick just one. Hey, it doesn't hurt to dream, right? There Are More Million-Dollar Homes in the U.S. Than Ever Before. But The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. The prevalence of million-dollar homes can vary significantly by metro. Log in now to continue reading this story. Cheng & WCIT Architecture, along with internationally acclaimed interior designer Tony Ingrao, this home rivals the great penthouses across the globe. Million-Dollar Oahu Homes Shrink In Size - Honolulu Civil Beat 87-3163 Hawaii Belt Rd is a 1,024 square foot house on a 5 acre lot with 1 bedroom and 1 bathroom. 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. We hope to see you soon and trust you enjoyed learning about Mauis top beachfront luxury properties. 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. Not counted in the totals is the sale that topped them all: the $78 million off-market deal that Amazon founder Jeff Bezos reportedly sealed for a secluded compound on La Perouse Bay on Maui. Gated Community, Anini Beach is conveniently located between the town of Kilauea and Princeville. In fact, there are only six Oahu properties on the entire list. This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. 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. 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. 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 . That's up from 4.8% (3.5 million . Privacy Policy. 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. 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. Here's Where You Can Often Buy Single-Family Homes on O'ahu for Under Youll have direct and dramatic ocean views from the living room, lanai and master bedroom and access to your own secluded hidden beach. If you're interested in becoming a Hawaii homeowner, we encourage you to begin our smooth and secure application process. 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. We will pre-fill the registration form with information in our files. By NANCY COOK LAUER West Hawaii Today | Friday, May 1, 2020, 12:05 a.m. Share this story. You can email me at inquiry@hawaiilife.com or via phone at (808) 370-3848. What should the owners of a family business consider when dividing shares of stock among their children? Are you interested in a real estate career in Hawaii? $45M Maui mansion sale reflects hot Hawaii real estate market 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. 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. In Oklahoma, only 0.9% are valued at $1 million or more but 5%. Lifestyle, The median price of a Maui home topped $1.1 million in June. 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. Vijay Singh's $23-million Hawaiian oceanfront estate is up for sale . An odd thing has happened in the realm of affordable housing on Oahu. Kukio is a relatively recent development, an even more exclusive successor to the already spectacular Hualalai resort, next door, but it already figures prominently on this list. Copyright 2016, Hawaii Information Service. [The owner] wanted the design to reflect that Barcelona style, recalled Yamamoto when HONOLULU interviewed him in 2005. Kapalua Beachfront Home for Sale. Please help us to better serve you by answering these optional 4 Bed | 6.5 Bath. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. 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. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Apr. Towns With the Most $1 Million-Plus Homes | LendingTree Congratulations, you have access to Hawaii's most comprehensive Real Estate Search! Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators Information is deemed reliable but not guaranteed. Of course, those are just two examples of the kinds of stunning homes in Hawaii that would cost you a fortune. 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.