We assembled a similar list in 2005, limited to the City and County of Honolulu. You get 8 acres of privacy in the middle of a resort. Other features include 50-foot-long glass windows, a practice green, a barbecue area and a state-of-the-art audiovisual system, says local architect Toshi Suzuki, who designed the mauka side of the property in 2000. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassen’s house (No. Most homes for sale in Honolulu stay on the market for 114 days and receive 2 offers. At $565,000, the median home value in Honolulu is higher than the state average, but because its median household income ($60,548) is also fairly high, living and working in the city is a feasible option for most people.. It is currently Maui’s most expensive piece of real estate and the second most expensive in Hawaii – right behind Kauai’s Hale ‘Ae Kai estate which is on the market for $70,000,000. Black Point’s volcanic knoll sticks outward from the Island right between Diamond Head and Kahala. 68-1029 Pauoa Way, Kohala, Hawaii $18,950,000. We assembled a similar list in 2005, limited to the City and County of Honolulu. These are the places in Hawaii that cost a pretty penny -- the most expensive cities in the state. The .7-acre lot is assessed at $13.3 million. He sold his mansion on the Bluffs of Mauna Kea (No. According to Payscale, the average salary in the island's capital, Honolulu, is $60,328, … 13) in order to move a few miles down the coast to one of Kukio’s newer developments. 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. After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in Hawaii for 2021. Hawai‘i is full of amazing places. 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 … Owner William Kevin O’Neil got his money’s worth, though; Oneloa Beach is one of Maui’s nicest white sand beaches. After Jayson Harper graduated from Kaiser High School, he was eager to make his mark in New York. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. A media room, gym, and full bar that services the swimming pool are located on the lower level. This Wailea property, known as sandy surf, isn’t used as a full-time residence. Here’s HONOLULU’s first-ever list of the most iconic, trenchant and irresistible Island books, as voted by a panel of literary community luminaries. The sprawling mansion also includes a spa, tatami room and commercial-grade kitchen that’s “five times bigger than a lot of restaurants in town,” says Yamamoto. Known as Hale … The Maui retreat has obviously inspired McCaffery—the investment management firm of which he is the CEO is called Makena Capital Management. As valuable as the oceanfront property is, the five-bedroom house is worth even more—$14 million of pure luxury. If the units sell at asking price, they would set a new record for the most expensive condos sold in Hawaii. Antilla, the second most expensive house in the world, is located in Mumbai, India and costs a whopping $1 Billion. 23). The Most Expensive Beach House In Hawaii This is now the most expensive beach house in Hawaii for sale at $70 million. Hawaii County assesses the house alone at $28.5 million, but the better part of the $61 million valuation of this property is the land itself. 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 wasn’t simultaneously). The home is now owned by Houston-based Fayez Sarofim. Five of the homes are located on South Maui in Makena and Wailea. The median price of a single family home in Hawaii is about $800k, so real estate is expensive, if that’s not already obvious. One note: We restricted this list to single parcels as defined by the county tax offices. Weisel is a three-time world masters cycling champion. Here's a look at the most expensive cities in Hawaii according to the data: Wailea; Kailua CDP (Honolulu County) Urban Honolulu; For more Hawaii reading, check out: Worst Places To Live In Hawaii Plus, get the exclusive Robb Report tote bag FREE. “We incorporated elements of Christian’s art throughout the house,” says architect Jeff Long. Oahu has some famously expensive neighborhoods, such as Kahala, Portlock and Lanikai, but they don’t appear in the top 10 spots on our list. Yes, that Schwab—founder and chairman of the Charles Schwab Corp., and ranked by Forbes as the 50th richest person in the U.S., with a fortune totaling approximately $4.7 billion. Buyouts have been good for Roberts: Forbes ranked him No. The publicly traded SalesForce has been lauded as one of BusinessWeek’s Top 100 Most Innovative Companies. 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. This one is really well done. It’s lot 1A, the premier parcel in the private, luxury residential community of Kukio. When Shangri-La is practically your next door neighbor, you know you’re living on some of the most prized Honolulu real estate there is, bar none. Maintaining water features in arid Kona can’t be easy.) It’s 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 firm’s leveraged buyout of RJR Nabisco, entitled Barbarians at the Gate.) Last May, the former head of Morgan Stanley’s Asia Pacific operations listed a show-stopping residence on Kauai’s North Shore for $70 million, making it the most expensive home on the market in Hawaii. 202 Kaikuono Pl. 2,049 results. This diamond of a property belongs to Bandel and Paula Carano. The owner is yet another investment banker: Paul Stephens, the chairman and a partner of Stephens Investment Management, and the co-founder and managing director of RS Investments, a San Francisco-based management group that manages more than $7 billion in assets. The 15.3-acre waterfront property, which is known as Hale ‘Ae Kai, is located near the small, picturesque town of Kilauea. Weatherend is presently the most expensive listing in Maine. The number of coronavirus cases in Hawai‘i just surpassed 4,000, with more than 2,000 of those cases recorded in the past two weeks. Designed as a sumptuous escape, the 1,100-square-foot master bedroom pavilion is outfitted with indoor and outdoor showers, a lanai, a bar, and a dressing room. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. The place remains impressive, though. 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. That means that you will no longer be using safe storage units to add space , like the ones you may have used in Florida, because you can fit everything here. Like this article? He started the company in 1981 and it’s today headed up by his daughter, Jenise Luttgens. Save up to 63% off the cover price and get free access to the digital edition. Below are the top 10 most expensive homes currently for sale in Hawaii: 10. Lot / Land for sale. More information on this listing can be found here. Popular neighborhoods include Oahu Island, Kakaako, Halawa, Ala Moana, Salt Lake, Downtown Honolulu, Diamond Head, Waikiki, Aina Haina, Ward Village, Nuuanu, Makiki, Kailua, Lower Manoa, and … The luxury home is a Kauai’s 15-acre Hale ‘Ae Kai estate. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. Kauai's 15-acre Hale 'Ae Kai estate, with postcard views of the ocean and private steps down to Secret Beach, is currently the most expensive house for sale in the state of Hawaii at $70 million. Find cheap homes and condos for sale, view real estate listing photos, compare properties, and more. That’s also related to transportation. How things have changed. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. Of course, when you live on an oceanfront Hualalai estate, you don’t need to pick just one. This luxury estate is located on the Westside of Maui in Kapalua at 9 Bay Dr. What to Look for in a Tree house May we suggest a car dealership? If this Kahala Avenue compound looks like a beachside motel, well, it kind of is. 85 on its 2009 list of the 400 richest Americans, with a net worth of $3.5 billion. Originally built by former Kahala Hilton owner William Weinberg in 1988, the single-story Kahala home has the best of everything: it even had an underground gasoline tank installed in the front yard, so one can fuel cars right in the garage. Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. More than half of the top 25 homes in Hawaii are located on the Kona Coast, and they’re all in private resort communities—Kukio, Mauna Lani, Mauna Kea and Hualalai. It’s known as the Raptor Residence, but the man behind this luxurious oceanfront estate is Michael Dell, the founder and CEO of Dell Inc. The distribution of these palatial properties is also illuminating. This time, it’s not even the most expensive Kahala property. Many of the houses, primarily the most expensive, are on lots behind a private gate, adding to the already sky-high allure of this place. If you have $28,500,000 to spare , you can purchase this astonishing 60,000 square-foot property. In 2016, two penthouses at Honolulu’s Waiea development were listed for $35 million and $36 million, respectively. When it comes to the most expensive homes for sale in November 2018 on each Hawaiian Island, prices range from less than $1.5 million to almost $50 million! Here’s a peek into Hawai‘i’s coolest off-limits corners. Property ownership is public information, but many of the billionaires and millionaires on our list have set up walls of privacy between themselves and the tax records. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. That would be Kaneohe Station. Plus, you’ll have way more privacy at a tree house and a chance to appreciate nature without any unwanted interruptions. The most expensive home on Oahu is currently Kai Moena or House of the Resting Sea. Private steps lead to the sugary beachfront, where residents and guests can sunbathe or swim to their hearts’ content. Guy Laliberte, the founder of the internationally known circus, is worth $2.5 billion, according to Forbes’ most recent list of the world’s billionaires. View pictures, check Zestimates, and get scheduled for a tour of some luxury listings. Just two lots down from Michael Dell’s sprawling Kukio estate is another multi-structure compound, this one belonging to David L. Anderson, the managing director of Sutter Hill Ventures. The average homeownership rate for the U.S. is at 63.90% whereas Hawaii comes in at 56.61%. For almost 100 years it’s where the rich and the famous have made their home. The Top-25 Club turns out to be a who’s who of tech CEOs, venture capitalists and other financial-service barons, almost all from out of state. Two are in Kapalua, one in Kaanapali, and one in Kahana. This oceanfront Kukio property grabs the No. This house is located in Kauai, Hawaii and it was just listed for $70 million, making it the most expensive property listed in Hawaii. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. Since most tree houses in Hawaii are locally owned, you’ll also have the chance to experience a more authentic side of the islands when compared to staying at a hotel. Photo Credit: Courtesy. Located on Oahu, the popular vacation spot, which made our list of the 100 Best Places to Live, is Hawaii’s capital city. And, if you’ve ever had a ripe mango or sweet tangerine, you know there’s nothing else like it. 3 spot even though it sits in the middle of acres of black lava rock in Kona; the luxury subdivision and golf course that will eventually surround it have yet to be built. In order to live comfortably in Hawaii, studiesshow that you’ll need a whopping salary of over $122,000. Waiea represents a new level of luxury in Hawaii and is the flagship building of Honolulu’s most distinguished urban neighborhood, Ward Village in Kakaako. The land is currently valued at $14.3 million. The main house offers over 10,000 square feet of living space spread out across four separate pavilions. This house looks out onto Kukio’s South Pond, and then onto the ocean. 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. $37,000,000. 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. One of several private outdoor showers In the market for a Hawaiian abode? 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. In most cases, the property details are also based on publicly available city and county data. Get the Robb Report newsletter for similar stories delivered straight to your inbox. According to the same report, more than 82 percent of homes are priced at $357,218 or more. Fruits are part of our history and culture, a way for us to feel connected to our community. The Most Expensive Home in Hawaii Take a tour inside the stunning $38 million compound. When it comes to outrageous real estate, it’s all about the Big Island, where you’ll find nine of the 10 most expensive homes in Hawaii, all strung along the Kona Coast. Every room in the central pavilion opens to covered lanais with views of the ocean. The No. This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. Outside, more than 8,000 square feet of lanais, pools, and decks unfurl. She got a lot for her money; although you can’t see it in the photo, the house is twice as long as it is wide. Related Articles 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. Seven of the 25 most expensive homes in the state are located within one of the three divisions of this Kona Coast oasis. A substantial private estate nestled on 10 acres overlooking Hawea Point and Kapalua Bay on Hawaii’s island of Maui has hit the market for $49,000,000. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaii’s biggest residential transactions ever. 2.76 acres lot; 364 days on Zillow. Four of the homes, including the most expensive home for sale on Maui are located on West Maui. He packed his home with amenities—Jacuzzis, two pools, waterfalls, a billiards room, and invited over celebs such as Kareem Abdul Jabar and Lionel Ritchie. It’s one of the older houses on our list, built in 1992, but has kept its value admirably, with an assessment of $14.7 million. 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. You live on the eastern border of the Diamond Head neighborhood, with Black Point beginning just beyond. Subscribe today & save up to 63%! “[The owner] wanted the design to reflect that Barcelona style,” recalled Yamamoto when HONOLULU interviewed him in 2005. (Of course, standards of living vary according to each person and it all depends on your level of “comfort.”) Yet, despite Hawaii’s cost of living being one of the highest in the United States, many professionals actually make less in Hawaii for many careers compared to the average wages in the continental U.S. With a price tag of $38 million, this Kauai home on a bluff overlooking Anini Beach is Hawaii’s most expensive home. 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. “Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate ‘Sue Em.’”. The grounds also include a two-bedroom caretaker’s unit. 88 Thoughts We Had While Trying Honolulu’s Newest Escape Room, Find Fresh, Spicy, Hand-Pulled Noodle Bowls at These O‘ahu Farmers Markets, The History of Hawai‘i From Our Files: Honolulu’s First Official Photographer Arrived in 1846, Da Spot is Honolulu’s Place for Healthy, Affordable and Sustainable Ethnic Cuisines, Best of Honolulu 2020: The Best Food and Drinks on O‘ahu, Your Guide to Mochi in Hawai‘i: How to Eat it, Where to Buy it and More, Highway Inn Serves ‘Ono Hawaiian Fare Locals and Visitors Love, Kapi‘olani Boulevard’s Veteran Sushi Spot is Casual Meets Quality, Have a Hoppy Holiday with This Local Brewery, 50 Essential Hawai‘i Books You Should Read in Your Lifetime, Everything You Need to Know About Local Fruit in Hawai‘i, “This Is It, I’m Going to Die. 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. Located within Pauoa Beach, at the Mauna Lani Resort (a gated community), is this beautiful 5 BD/5.5 BA, 7,000+ SF house. 4423 Kahala Ave, Honolulu, HI 96816. Who needs to swim in the ocean when you’ve got a pool this gargantuan? In fact, there are only six Oahu properties on the entire list. 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. This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. The Hawaii Real Estate Brokers Neal Norman say “there is not a better property in the Hawaiian island or perhaps anywhere. Plus, get digital edition access and a free tote bag. Expanding the scope to all of Hawaii has raised the stakes considerably: While the top property in 2005 was assessed at $15.2 million, that number wouldn’t even get you on the bottom rung of this year’s list. This year, Hawaii Life was proud to be the broker on the highest sold residential listing on Kauai. Japanese corporation Mint Yugen Gaisha picked this one up for $29 million in 2006, making it one of Hawaii’s largest residential sales of the past decade. Subscribe Today at Huge Savings! 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. Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners. Michael G. McCaffery’s $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. With a listing price of $70 million, the 10,000 square foot home above Secrets Beach on Kauai’s North Shore closed at $46.1 million, making a new all-time record for a residential listing in the state. This could be a big reason why Hawaii’s homeownership rate is significantly less than that of the national average. 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. This huge, 5-acre estate is the farthest north of all our Kona Coast properties—it’s on the edge of the Mauna Kea Resort, next door to the old Lurline Roth estate. Sort by: Price (High to Low) Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. The compound overlooks the ocean. Carano’s 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. The Most Expensive Home For Sale On Maui April 2020 The most expensive home for sale located on the beautiful island of Maui Hawaii April, 2020. The dollar amount listed for each house is the county’s most recent assessment of its value, for tax purposes. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. When it comes to outrageous real estate, it’s all about the Big Island, where you’ll find nine of the 10 most expensive homes in Hawaii, all strung along the Kona Coast. Using public records collected by Title Guaranty Hawaii, we’ve compiled a list of Hawaii’s priciest homes—exclusive compounds filled with sprawling swimming pools, personal tennis courts and stunning oceanfront views, places for which the annual property-tax bill runs a cool half-million. Honolulu. It was designed and constructed by Chicago based architecture firm, Perkins & Will, and hospitality design firm, Hirsch Bender Associates. Mom, Help.” A Hawaiʻi Man Remembers His Days as a Black College Student in New York, COVID-19 Hits Home: Three Oʻahu People Who Contracted COVID-19 Talk About Their Illness and Long Recovery, 2020 in Review: HONOLULU Magazine’s Most-Read Dining Stories of the Year. (There are no lots 2 and 3—Dell combined three 1-acre parcels.) Check out the nicest homes currently on the market in Hawaii. 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. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. Browse 278 cheap houses for sale in Hawaii, priced up to $200000. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. If you want to own one of Hawaii’s top homes, it helps to be in computers or investment banking. 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