"}}, {"@type": "Question", "name": "What is the cheapest housing market in Hawaii? Property owners are welcome to join the Kukio Golf & Beach Club, a private club with first-rate amenities located on the seaside. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. 72-2747 Uluweuweu Akau Pl, Kailua Kona house was sold in December 2020. 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. Copyright 2023 House Grail. This expensive state is the only one outside of North America, the only island state, and the only state in the tropics. Kailua Kona, With CEOs and celebritiesbeing some of the clientele purchasing property,the assembly of luxury homeowners is a list that continues to grow. Housing costs, defined as a blend of the average rent and average mortgage payment, are $21,264 per year in Maui County compared to $23,334 on average in Hawaii. It borrows greatly from 18th-century French architecture and mixes it with a pinch of modern Mediterranean buildings. Mountain View, The average living wage in Maui County is $103,095 . It has been provided by sources other than the Realtors Assoc. Now state leaders are ready to start opening back up to visitors. . 2 most expensive house, for example, is officially owned by Kukio Limited. Another historical property, Villa Leopolda in the French Riviera, is valued at an impressive $750 million. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. Hotels in Hawaii are very common, but unfortunately, they won't be the best for your budget. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Even more importantly, with a median income of $95,667, Waimea residents enjoy the second best home price to income ratio in Hawaii. Discovery, Inc. or its subsidiaries and affiliates. We've rounded up the top 10 most expensive homes currently for sale in Honolulu so you can see how the ultra-rich and famous live. There is plenty of land to add outdoor sports courts or additional buildings. [Click here for more information](/info/mls-disclaimers/#mls_726) At the other end of the spectrum, $100 in Mississippi is worth $115.74, or 15% more than their incomes suggest. Though we can't crown a #1 Most Expensive Neighborhood definitively, you're guaranteed it's in here, along with 10 more that tie for #2. Here's where it all takes a left turn. This house is extremely secure and is situated along a private street close to Kahala and Waikiki. 4747 Kahala Ave. Metros with the most cities in the top 30 in Hawaii #1. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. 1995-2016 Honolulu Board of REALTORS. Whereas, the median home value in Aloha State is $698,900 (as of November 2022). The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. Compared to only Hawaii, Hilo has a cost of living index that's 0.8x lower than Hawaii's index of 180. Inside The MOST EXPENSIVE House in Hawaii, USA! After visiting the remote Hawaiian island of Lanai, the billionaire founder of Oracle loved the property so much . Built in the early 1900s, this plantation style home sits on world-famous Hanalei Bay. of Maui and should not be relied upon without independent verification. in Hawaii, Anini, The asking rent for a typical unit in Hawaii is even higher, with vacant units asking $2,850 for new renters. 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