1 million dollar homes in hawaii

The land is currently valued at $14.3 million. This estate may cost $19.5 million, but that price includes two homes on one incredible property. Spend your days in the sunshine and your nights listening to the ocean waves crash the foundation of this $7,995,000 home that sits on the water's edge. The publicly traded SalesForce has been lauded as one of BusinessWeeks Top 100 Most Innovative Companies. 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. This huge, 5-acre estate is the farthest north of all our Kona Coast propertiesits on the edge of the Mauna Kea Resort, next door to the old Lurline Roth estate. North Shore Agents, 85 on its 2009 list of the 400 richest Americans, with a net worth of $3.5 billion. 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. 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. 2 most expensive house, for example, is officially owned by Kukio Limited. The .7-acre lot is assessed at $13.3 million. 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. When it comes to luxury living, nowhere else in the world can compare to Maui. Its known as the Raptor Residence, but the man behind this luxurious oceanfront estate is Michael Dell, the founder and CEO of Dell Inc. This browser is no longer supported. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators In Oklahoma, only 0.9% are valued at $1 million or more but 5%. 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. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Information is deemed reliable but not guaranteed. We have 3,212 luxury homes for sale in Hawaii, and 466,097 homes in all of United States. The property also includes a seperate caretaker's suite with kitchen. 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. 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. Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. 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. (function(d, s, id) { The dollar amount listed for each house is the countys most recent assessment of its value, for tax purposes. 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. For $1 million, you could purchase this 1,600-square-foot, four-bedroom craftsman between North Beacon Hill and Judkins park. Read my blog about the Kilauea Real Estate Market. Privacy Policy. Richard Rocker, the real estate agent who brokered the sale, says, I see a lot of fancy, expensive homes, and so many of them are just expensive. For more information, visit 1600 Asylum Ave.'s real estate listing. Ocean View, We chose homes that are for sale right now for around $1 million so that you can see how far your real estate dollars will stretch around the country. Keep your eye on this property! Compare your rate to the Hawaii and U.S. average. 2445 Makanano Ano Place | MLS 622093 | Courtesy of Re/Max Kauai. Popular locations in Australia that also could be worth exploring are Sydney, Mosman, Strathfield, Brisbane City and Glenorie. Click the button below and we'll send you a link to reset your password. All rights reserved. Homes, Well, just check out this multi-million dollar property located in Kapalua. Currently, there are three oceanfront homes in Kailua Kona for under $1 million. 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. who has put his $23-million, 52-acre Hawaiian oceanfront estate up for sale. A two-bedroom home that costs $1 million technically can be defined as affordable for some households eligible for government-subsidized housing. Were always looking forward to meeting with eager investors such as yourself and do our best to deliver top-quality service to our customers. 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. Neupane said a below-market condo with two bedrooms produced in Kakaako under HCDA rules today under current rules would probably sell for around $500,000 when accounting for buyer conditions, maintenance fees, taxes and insurance. Your next dream home may just be a click away. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. What I love: In conclusion, 9 out of the 10 homes are located on Kauais green and lush North Shore. Log In. The affordable home price ceiling is based in part on a 3% interest rate and a 5% down payment. Amenities: The villa surrounds a 900 sq. So $1 million will get you a nice place to live, but it won't get you the best. Luxury West Maui Property. 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. Youll also be able Sitting on the water, this stunning four-bedroom home costs $2,695,000. Copyright 2016, Hawaii Information Service. 1. 12203 Lucas Ln, Louisville. Are you interested in a real estate career in Hawaii? Register you can either select a new agent or one will be assigned for you. The home offers almost 5,000 square feet of space. new construction listings and access our free white papers and buyer guides. Ward Village must include around 900 below-market homes under a master plan subject to pre-2018 price limit guidelines tied to 140% of the median income. Senate Concurrent Resolution 220 noted that San Francisco, in comparison with Honolulu, had a 38% higher household median income but a 23% lower maximum affordable housing price in 2019. 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 .". 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. All rights reserved. Shown. 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, Learn more. d.getElementsByTagName('body')[0].appendChild(js); The bar starts at $16 million and goes up from there. Property highlights: 1.46 Acres, the largest acreage offered in the exclusive Kahalawai neighborhood 7,900 sqft. 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. 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. 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. Estates, 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. Property listed by Coldwell Banker Pacific Prop. At about eight times that price, some $1.5 million homes offer uncommon amenities, such as sweeping ocean views, grand. 2,406 Sq. I have been told never to give two children equal shares. 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. 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. 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. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. 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. Market Update, These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. Operating farm coconuts, citrus, extensive orchards, and exotic palms. Half the affordable Sky units come with a condition allowing the city to acquire the home for a below-market price if an owner sells within 30 years, and the other half will have a buyback term between 10 years and 30 years depending on buyer demand. This Hawaiian home may cost $4,495,000, but it's surely worth every penny. The amount of dwelling coverage makes a big difference in rates. Kauais most expensive beachfront listing is located on Hanalei Bay in the North Shore. It contains a link to reset your password. 280 Poipu Drive, Honolulu|MLS #:201622633. Land, Disclaimer: The properties we may show you may be Locations LLC listings or listings of 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. 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. Read the full story with our Print & Digital Subscription. 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. He sold his mansion on the Bluffs of Mauna Kea (No. 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. On top of its whopping $36 million-dollar price tag, buyers should be prepared to shell out $11,100 a month in maintenance fees. Theres room for expansion, too; Toyota also owns the adjacent lot, which is assessed at $4.7 million. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. If you have $3,995,000, then you can snap up this unique home in Haiku, Hawaii. This resort-like property includes a caretaker's cottage and is fully furnished. Copyright 2023 HiCentral MLS, Ltd (Although when we flew over the property, the pond was all but empty. 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. More definitively, 7 out of the 10 homes are located in Kilauea. By registering, you are Check with the applicable school district prior to making a decision based on these boundaries. Median property tax rates in the U.S.. Data is deemed reliable but is not guaranteed accurate by the MLS. This time, its not even the most expensive Kahala property. Rounding out of top ten most expensive Honolulu homes for sale is this secluded waterfront Paiko Lagood home. $1,395,000. You get 8 acres of privacy in the middle of a resort. We incorporated elements of Christians art throughout the house, says architect Jeff Long. Found in Honolulu, this Hawaiian home is light, bright, and airy thanks to the white walls, vaulted ceilings, and large windows. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaiis biggest residential transactions ever. LAURA RUMINSKI/West Hawaii Today A luxury home on the beach at Kukio. How many photos are available for this home? Designed by Hawaiis premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a lifestyle found nowhere else in the world. 1118 Ala Moana Boulevard, GPH 35, Honolulu|MLS #:201629077. They need to be revisited and they need to be redone.. Developers in Kakaako, however, also may deliver affordable housing under HHFDC rules if they produce a greater share of below-market homes. We're able to accomplish this . While there are sure deals to be found, real estate happens to be pretty darn pricey in paradise. Save this listing and receive e-mail updates if the status of the property changes. 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. 3215 Diamond Head Road, Honolulu|MLS #:201709585. Price: $20.9 million. Overall, Koa Ridge may produce affordable housing geared for households earning up to 140% of the median income. 1118 Ala Moana Boulevard, GPH 36, Honolulu|MLS #:201612214. HUD's Dollar Homes initiative helps local governments to foster housing opportunities for low to moderate income families and address specific community needs by offering them the opportunity to purchase qualified HUD-owned homes for $1 each. 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 . Youll have access to thousands of homes for sale that are currently on the market. If you love to entertain, this home's expansive, seaside lanais can't be beat! That limit equates to $123,480 for a single person and $176,260 for a family of four. Request an appointment to view this property by completing the information below. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. Information is deemed reliable but not guaranteed. As the pinnacle of elegance and privacy, the exclusive listings of West Maui offer the kind of luxurious lifestyle that few are privy to. You're reading a premium story. Enjoy this free story! Ft. 2336 Beckwith St, Honolulu, HI 96822. There are several others, including the following million-dollar homes in the Aloha State. . Nationally, 2,300 residential properties across 30 markets closed for $10 million or more in 2021, more than double the transactions in 2020. Gated Community, 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. 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 The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Designed by Hawaii's premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a . Ocean, waterfalls, and sunsets, are only what nature has pleasantly provided. 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. 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.) Golf Course, A five-bedroom, six-bathroom home is currently on the market for $1 million. Haena Point serves as the perfect gateway between Mauka (Mountains) and Makai (Ocean). 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. OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. Remember to save your search to receive email alerts when new listings that fit your . Professional protocol requires agent to set up an appointment with the Telephone: 808-529-4747. 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. Agents, Dubbed Hale Palekaiko - House of Paradise - this recently completed contemporary tropical estate is designed by award-winning architect Peter Vincent. The city and HCDA said their current maximum price for homes at the 120% of median income limit would be around $700,000 for a family of four. 11 stunning island and beachfront homes for sale across the US for under $1 million. Privacy Policy. 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. 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. Apr. Million-dollar homes aren't common in most towns. By NANCY COOK LAUER West Hawaii Today | Friday, May 1, 2020, 12:05 a.m. Share this story. 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.

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