Hawaii) will have less property taxes than a $250k home in other jurisdictions (e.g. stoke city players weekly wages; battle of bataan casualties; mission hills country club membership cost; tica friendly hotels san jose; . Copyright 2023 HiCentral MLS, Ltd What wows me: Large land offering at nearly 22 acres with a breathtaking, private view. Shown are a pair of renovated 3-bedroom units in the Kuapa Isle townhome complex in Hawaii Kai that recently sold for $1 million. The dollar volume of $1.1 billion was 158% more than the year before, according to the Compass report. This 10,000-sqft grand penthouse is the ultimate in luxury living. This sleek Kona abode belongs to Sandra Kurtzig, who Entrepreneur Magazine called the first lady of computers. Kurtzig founded ASK Computer Systems out of her apartment in 1972, selling inventory-tracking and business-information software, and turned her tiny startup into a heavy hitter with 91 offices in 15 countries. 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. 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, This Vladimir Ossipoff-designed home is best known as the long-time residence of socialite Clare Boothe Luce, wife of noted magazine publisher Henry R. Luce. #7-500
Avoid headaches with our guide. Kapalua Beachfront Home for Sale 20 Kai Ala Drive. It is situated at the foot of Nihoku, an extinct volcano locally known as Crater Hill, and above Kahili Beach and Kilauea Bay. An updated cottage is on the market for $900,000 and offers three bedrooms and two bathrooms in 1,800 square feet. If you wish to report an issue or seek an accommodation, please let us know. Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate Sue Em.. 12203 Lucas Ln, Louisville. The property also includes a seperate caretaker's suite with kitchen. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. 5403 Kalanianaole Highway, Honolulu|MLS #:201628812. At about eight times that price, some $1.5 million homes offer uncommon amenities, such as sweeping ocean views, grand. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. 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. 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. This is one of the few properties on our list that sold for less than its assessed value. 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. 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. How things have changed. The home offers almost 5,000 square feet of space. Last year at the state Legislature, then-Sen. Laura Thielen and Sens. 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. 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. As pricey as they are, many of the other properties on our list are squeezed right next to other mansions. That kept things simple, but meant overlooking a few fabulous estates that comprise multiple parcels, such as the 174-acre Tara Plantation on Kauai, which sold in 2009 for $28 million. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. We will not rent, share, or sell your information. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaiis biggest residential transactions ever. 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. It would be hard to find a more spectacular location for a dream home. Listing provided by Hicentral MLS $23,000,000 6 bds 6 ba 4,947 sqft Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. He sold his mansion on the Bluffs of Mauna Kea (No. Vacation Rentals. This time, its not even the most expensive Kahala property. 2. 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. 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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. All rights reserved. Designed by Hawaii's premier architect, Jeffrey Long of Long & Associates, this magnificent island contemporary home offers a . 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. 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. That limit equates to $123,480 for a single person and $176,260 for a family of four. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. 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. 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. Shown. It also has private stairs to the beach, gated entry, two oceanfront master suites with private lanais, a media room, spa and lush tropical landscaping. Already have an account? This Hawaiian home may cost $4,495,000, but it's surely worth every penny. Owner William Kevin ONeil got his moneys worth, though; Oneloa Beach is one of Mauis nicest white sand beaches. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. Its known as the Raptor Residence, but the man behind this luxurious oceanfront estate is Michael Dell, the founder and CEO of Dell Inc. Kihei Beachfront Real Estate 1470 Halama Street. Your next dream home may just be a click away. By NANCY COOK LAUER West Hawaii Today | Friday, May 1, 2020, 12:05 a.m. Share this story. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. The pricing of these homes is really based on what buyers value them at with all of the restrictions that are placed on them, said Race Randle, senior vice president of planning and development in Hawaii for Howard Hughes Corp., the developer of Ward Village in Kakaako. Telephone: 808-529-4747. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. (There are no lots 2 and 3Dell combined three 1-acre parcels.) 13) in order to move a few miles down the coast to one of Kukios newer developments. In 2015, only 14.4% of homes were valued at $1 million or more, compared to 44.4% in 2021. Christian Weis, listings agent to show a property. of Maui and should not be relied upon without independent verification. TLDR: Property taxes paid on a million dollar home is a useless metric since a million dollar home in some 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. 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. Pictured here are homes under construction earlier this month. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. The .7-acre lot is assessed at $13.3 million. This is one to look more closely into. The infinity pool and outdoor covered lanai are completed by a poolside barbecue and entertaining area. More of those buyers are having to come to Oahu because theres no inventory on the Big Island, but we have the inventory, she says. Rich with contemporary textures, design, and emotion, this masterpiece infuses New York upscale taste with Kauais relaxed natural beauty. Data is deemed reliable but is not guaranteed accurate by the MLS. 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. Initial market-price homes at Koa Ridge range from the high $800,000s to $1 million. A dream home that's truly worthy of paradise, this Hawaiian residence, located on a jaw-droppingly stunning ocean bluff, will put the purchaser back $14.9 million. Just minutes away are the Shops at Kukuiula where you can find fine dining, fresh boutiques, and a bustling community. One note: We restricted this list to single parcels as defined by the county tax offices. 1133 Ikena Circle, Honolulu|MLS #:201612012. The Maui retreat has obviously inspired McCafferythe investment management firm of which he is the CEO is called Makena Capital Management. Property listed by List Sotheby'S Int'L Realty. Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. OCEANFRONT SOTHEBY'S INTERNATIONAL REALTY, Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. 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. Agents, 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. 202 Kaikuono Place, Honolulu 96816|MLS #:201714663. Charles Kip Thieriot, now retired, is a member of the prestigious family that founded and ran the San Francisco Chronicle, and was himself the president of Western Communications. We incorporated elements of Christians art throughout the house, says architect Jeff Long. We're able to accomplish this . Disclaimer: The properties we may show you may be Locations LLC listings or listings of
The home is now owned by Houston-based Fayez Sarofim. Sarofim, an Egyptian-born money manager who is known as the Sphinx, bought the house in 1999 for $15 million, and has since made extensive renovations to the aging Kahala Avenue property. An average of only 5.36% of the owner-occupied homes in the nation's 50 most expensive towns are valued at $1 million or more. But home size has remained the most stable in Mililani, shrinking by . Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. Zelensky has a 35 million dollar mansion in Miami, which is a few blocks from the president of Kazakhstan's mansion on Collins Avenue, all while Americans are priced out of their own housing market. When it comes to luxury living, nowhere else in the world can compare to Maui. Now asking $4.9 million, the four-bedroom property boasts ocean, tri-island and harbor views. 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. As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. 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. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. The prevalence of million-dollar homes can vary significantly by metro. Furthermore, HHFDC rules allow households earning as much as 140% of the median income to qualify for subsidized housing. LAURA RUMINSKI/West Hawaii Today A luxury home on the beach at Kukio. 11 stunning island and beachfront homes for sale across the US for under $1 million. 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. As your local North Shore experts and one of Kauais top-producing and most reputable teams, we have over 35 years of experience to guide our clients in making sound and smart decisions. 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). We celebrated National Take a Hike Day (Nov. 17), with a round up of our top picks for the best hikes on the Island. 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. 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. of indoor/outdoor living, 9 acres of property the most land area offered in Haena in 9 years, 100s of beachfront footage on Tunnels Beach. For a whopping $23.5 million, the new owner of this home will find it fully furnished. Makakilo's median single-family home price rose 26%, from $786,000 in January 2021 to $994,000 this year. 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. What is Todd Rundgrens property worth on Wailapa Drive? It's got spacious,. Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners. Without a doubt, waterfront properties are among the most coveted real estate in the world. For $1 million, you could purchase this 1,600-square-foot, four-bedroom craftsman between North Beacon Hill and Judkins park. A five-bedroom, six-bathroom home is currently on the market for $1 million. 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. An average home in the area will set you back around $863,632, according to Zillow. Luxury, Property highlights: Nestled on Kauais South Shore in the pristine Kukuiula Community lies a breathtaking setting with a wealth of resort amenities. If youre looking for luxury beachfront real estate and are interested in seeing what makes these homes for sale worth investing in then read on and get excited because youre in for a real treat. Pool, Information herein deemed reliable but not guaranteed. July 4, 2022 1 million dollar homes in hawaii . On top of its whopping $36 million-dollar price tag, buyers should be prepared to shell out $11,100 a month in maintenance fees. Deepak Neupane, HCDA executive director, said the agency tries to ensure that below-market home prices are affordable to households that qualify for interest rates above published averages because many people dont qualify for the average rate.