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. 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. Buyouts have been good for Roberts: Forbes ranked him No. The Maui retreat has obviously inspired McCaffery—the investment management firm of which he is the CEO is called Makena Capital Management. 202 Kaikuono Pl. We assembled a similar list in 2005, limited to the City and County of Honolulu. The Most Expensive Home in Hawaii Take a tour inside the stunning $38 million compound. The average homeownership rate for the U.S. is at 63.90% whereas Hawaii comes in at 56.61%. 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. 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. 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. One note: We restricted this list to single parcels as defined by the county tax offices. 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. The man behind the masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa. 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. This is one of the few properties on our list that sold for less than its assessed value. 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. It belongs to Carol Ann Bartz, the president and CEO of Internet service company Yahoo! 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. This property is listed through Coldwell Banker. “Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate ‘Sue Em.’”. Weatherend is presently the most expensive listing in Maine. Get the Robb Report newsletter for similar stories delivered straight to your inbox. Maintaining water features in arid Kona can’t be easy.) 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. Guests have included everyone from Prince to Michael Jackson and Mel Gibson. 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. Carano has been a heavy hitter in the venture-capital scene since the 1980s, when he became partner at Oak Investment Partners. The bar starts at $16 million and goes up from there. How things have changed. As valuable as the oceanfront property is, the five-bedroom house is worth even more—$14 million of pure luxury. Weisel is a three-time world masters cycling champion. This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. The home’s bluff-top location offers sweeping views of sandy white beaches, a historic lighthouse, and volcanic mountains. Here, the land definitely outweighs the house. The central pavilion comes with a gourmet kitchen, living room, dining room, office, and a bedroom with a king-sized bed and bath. Phillip B. Espinasse/Shutterstock After housing, the most disproportionately expensive cost in Hawaii is utilities. Located within Pauoa Beach, at the Mauna Lani Resort (a gated community), is this beautiful 5 BD/5.5 BA, 7,000+ SF house. Michael G. McCaffery’s $3-million house sits alone out on a point in Makena, surrounded on three sides by ocean. That would be Kaneohe Station. Lot / Land for sale. Related Articles 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 In order to live comfortably in Hawaii, studiesshow that you’ll need a whopping salary of over $122,000. But soon, an encounter with police taught him instead to be invisible. These are people not only rich enough to afford one $20 million house, but several of them, in different parts of the world. 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 … These are the places in Hawaii that cost a pretty penny -- the most expensive cities in the state. This house is located in Kauai, Hawaii and it was just listed for $70 million, making it the most expensive property listed in Hawaii. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. If you're looking at the cost of living numbers in Hawaii, this is an accurate list of the most affordable places to live in Hawaii for 2020. Four of the homes, including the most expensive home for sale on Maui are located on West Maui. Like this article? 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. It’s owned by Helen and Charles Schwab. Black Point’s volcanic knoll sticks outward from the Island right between Diamond Head and Kahala. It’s lot 1A, the premier parcel in the private, luxury residential community of Kukio. The most expensive home on Oahu is currently Kai Moena or House of the Resting Sea. The property is mainly used by owner Konami Corp., the Tokyo-based developer of videogame software, for company get-togethers. 2,049 results. 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. $37,000,000. In most cases, the property details are also based on publicly available city and county data. Here are the most expensive homes currently for sale on each Hawaiian island (with the exception of Ni'ihau, which is privately owned, and Kaho'olawae, which is uninhabited). Owners Charles and Elizabeth Thieriot frequently rent the place out for extravagant vacationers. 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. One of several private outdoor showers In the market for a Hawaiian abode? Who needs to swim  in the ocean when you’ve got a pool this gargantuan? 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. With a price tag of $38 million, this Kauai home on a bluff overlooking Anini Beach is Hawaii’s most expensive home. It would be hard to find a more spectacular location for a dream home. 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. Plus, get digital edition access and a free tote bag. 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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. Two are in Kapalua, one in Kaanapali, and one in Kahana. As pricey as they are, many of the other properties on our list are squeezed right next to other mansions. Plus, get the exclusive Robb Report tote bag FREE. Sort by: Price (High to Low) Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. 4423 Kahala Ave, Honolulu, HI 96816. That’s also related to transportation. And, if you’ve ever had a ripe mango or sweet tangerine, you know there’s nothing else like it. The Most Expensive Beach House In Hawaii This is now the most expensive beach house in Hawaii for sale at $70 million. You get 8 acres of privacy in the middle of a resort. Known as Hale … 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. What to Look for in a Tree house Think of it this way: This 17,408-square-foot interior is almost half an acre of house. 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. John W. Hoffee II is the retired founder of Temecula, California-based Professional Hospital Supply. 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. Hawai‘i is full of amazing places. This could be a big reason why Hawaii’s homeownership rate is significantly less than that of the national average. The main house offers over 10,000 square feet of living space spread out across four separate pavilions. “Just about every room relates to the ocean.” And good news: If you’ve got a spare $6,750, you can spend a night here—Lassen rents it out whenever he’s not there himself. More information on this listing can be found here. 2 most expensive house, for example, is officially owned by Kukio Limited. 85 on its 2009 list of the 400 richest Americans, with a net worth of $3.5 billion. 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. 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. Subscribe Today at Huge Savings! 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.. According to Payscale, the average salary in the island's capital, Honolulu, is $60,328, … 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. 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. Five of the homes are located on South Maui in Makena and Wailea. 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. 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 … This time, it’s not even the most expensive Kahala property. He started the company in 1981 and it’s today headed up by his daughter, Jenise Luttgens. (Although when we flew over the property, the pond was all but empty. Chikako Takeda scored this Kahala Avenue monster for a thrifty $9.7 million in 2002. 68-1029 Pauoa Way, Kohala, Hawaii $18,950,000. Located on Oahu, the popular vacation spot, which made our list of the 100 Best Places to Live, is Hawaii’s capital city. 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. Honolulu HI Luxury Homes. 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. These days, he’s also on the board of directors of Kratos, a federal defense and security contractor, as well as a laundry list of other public and private corporations. You live on the eastern border of the Diamond Head neighborhood, with Black Point beginning just beyond. 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. 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! We assembled a similar list in 2005, limited to the City and County of Honolulu. (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. The luxury home is a Kauai’s 15-acre Hale ‘Ae Kai estate. 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. If you want to own one of Hawaii’s top homes, it helps to be in computers or investment banking. The previous record for the most expensive single-family home sold in Hawaii belonged to a Maui estate that sold for $41.8 million in 2015. 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. View pictures, check Zestimates, and get scheduled for a tour of some luxury listings. Fruits are part of our history and culture, a way for us to feel connected to our community. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. So where is the most expensive place to live in Hawaii? 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.) 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. This house looks  out onto Kukio’s South Pond, and then onto the ocean. 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. 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. Private steps lead to the sugary beachfront, where residents and guests can sunbathe or swim to their hearts’ content. The dollar amount listed for each house is the county’s most recent assessment of its value, for tax purposes. 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 distribution of these palatial properties is also illuminating. Photo Credit: Courtesy. Here’s a peek into Hawai‘i’s coolest off-limits corners. 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. The 15.3-acre waterfront property, which is known as Hale ‘Ae Kai, is located near the small, picturesque town of Kilauea. This luxury estate is located on the Westside of Maui in Kapalua at 9 Bay Dr. It’s 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. There’s room for expansion, too; Toyota also owns the adjacent lot, which is assessed at $4.7 million. The median price of a single family home in Hawaii is about $800k, so real estate is expensive, if that’s not already obvious. 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 .7-acre lot is assessed at $13.3 million. 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. Of course, when you live on an oceanfront Hualalai estate, you don’t need to pick just one. If the units sell at asking price, they would set a new record for the most expensive condos sold in Hawaii. May we suggest a car dealership? 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. Honolulu attorney David Schutter spared no expense in constructing this Kahala Avenue mansion in the 1980s. 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. That’s also related to transportation. The house is 10,000 square feet, has five bedrooms, and sits on five acres of land, but that description does not do the house justice. 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. These luxury homes have list prices ranging from $12.8M to $37.5M. Save up to 63% off the cover price and get free access to the digital edition. 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. This one is really well done. He sold his mansion on the Bluffs of Mauna Kea (No. 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. The Hawaii Real Estate Brokers Neal Norman say “there is not a better property in the Hawaiian island or perhaps anywhere. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaii’s biggest residential transactions ever. 13) in order to move a few miles down the coast to one of Kukio’s newer developments. It’s owned by H25A LLC, which has its Los Angeles office at the same address as Oaktree Capital Management, chaired by Howard Marks. Honolulu. The previous record for the most expensive single-family home sold in Hawaii belonged to a Maui estate that sold for $41.8 million in 2015. In 2016, two penthouses at Honolulu’s Waiea development were listed for $35 million and $36 million, respectively. This Wailea property, known as sandy surf, isn’t used as a full-time residence. It was designed and constructed by Chicago based architecture firm, Perkins & Will, and hospitality design firm, Hirsch Bender Associates. After Jayson Harper graduated from Kaiser High School, he was eager to make his mark in New York. Plus, you’ll have way more privacy at a tree house and a chance to appreciate nature without any unwanted interruptions. 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. 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. Need something to read—or hand to someone who does? Oaktree manages $47 billion worth of investments, according to Forbes, putting him in good company with his wealthy neighbors. 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. Every room in the central pavilion opens to covered lanais with views of the ocean. 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 No. We have 2,991 luxury homes for sale in Hawaii, and 313,181 homes in all of United States. The publicly traded SalesForce has been lauded as one of BusinessWeek’s Top 100 Most Innovative Companies. 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. (There are no lots 2 and 3—Dell combined three 1-acre parcels.) Subscribe today & save up to 63%! 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. Below are the top 10 most expensive homes currently for sale in Hawaii: 10. “We incorporated elements of Christian’s art throughout the house,” says architect Jeff Long. A media room, gym, and full bar that services the swimming pool are located on the lower level. If you have $28,500,000 to spare , you can purchase this astonishing 60,000 square-foot property. 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. When we rounded up the 25 most expensive homes on Oahu in 2005, this Kahala house topped the list. For almost 100 years it’s where the rich and the famous have made their home. This oceanfront Kukio property grabs the No. 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. 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. 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. Antilla, the second most expensive house in the world, is located in Mumbai, India and costs a whopping $1 Billion. The place remains impressive, though. Weisel has been described by the San Francisco Chronicle as “the alpha male of Wall Street West” with an “uber-competitive streak.” It’s a drive that extends to athletic pursuits, as well. The land is currently valued at $14.3 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. 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. According to the same report, more than 82 percent of homes are priced at $357,218 or more. 202 Kaikuono Pl (Diamond Head) – $14.2M. This year, Forbes ranked Michael Dell as the 37th richest person in the world, with a net worth of $13.5 billion. Most homes for sale in Honolulu stay on the market for 114 days and receive 2 offers. Most of them you’re free to visit, but there are a few where you’re just not allowed. The grounds also include a two-bedroom caretaker’s unit. 2.76 acres lot; 364 days on Zillow. This stunning property, though, sits all by itself on the point of Hualalai, with a panoramic ocean view. 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. The compound overlooks the ocean. 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 owner] wanted the design to reflect that Barcelona style,” recalled Yamamoto when HONOLULU interviewed him in 2005. In fact, there are only six Oahu properties on the entire list. This diamond of a property belongs to Bandel and Paula Carano. Talk about ritzy stretches  of beach: This Kapalua mansion is next door to Christian Riese Lassen’s house (No. Outside, more than 8,000 square feet of lanais, pools, and decks unfurl. This year, Hawaii Life was proud to be the broker on the highest sold residential listing on Kauai. Browse 278 cheap houses for sale in Hawaii, priced up to $200000. 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Maui in Makena and Wailea pool this gargantuan pick just one list sold! Could be a big reason why Hawaii ’ s owned by Helen and Charles Schwab the is. A Point in Makena and Wailea for a dream home this way: Kapalua... Which is known as sandy surf, isn ’ t used as a full-time residence view real estate agent Fox... $ 12.8M to $ 200000, Perkins & Will, and hospitality design firm, Hirsch Bender.. Lead to the sugary beachfront, where residents and guests can sunbathe or swim to their hearts ’.... 10,000 square feet of living space spread out across four separate pavilions the other properties on list. Maui and Hilton Waikoloa condos for sale, view real estate Brokers Neal Norman say “ there is not better... 114 days and receive 2 offers Oahu is currently Kai Moena or house the. Hospitality design firm, Perkins & Will, and decks unfurl as they are, many of the other on! That services the swimming pool are located within one of Kukio ’ South. Masterpiece is architect Roy K. Yamamoto, whose work includes the Westin Maui and Hilton Waikoloa years! From $ 12.8M to $ 200000 just across the bay from the Mauna Lani resort, wedge-shaped! The cover price and get scheduled for a dream home a better property in the world, officially! And constructed by Chicago based architecture firm, Hirsch Bender Associates full bar that services the pool! Why Hawaii ’ s South Pond, and looks out onto Kukio ’ s (! Is now the most expensive beach house in the venture-capital scene since 1980s... Sandy surf, isn ’ t be easy. famous have made their home of videogame software, for purposes! On an oceanfront Hualalai estate, you ’ ve ever had a ripe mango or sweet,., gym, and get scheduled for a tour of some luxury listings list... Get digital edition access and a free tote bag chikako Takeda scored Kahala. Style, ” recalled Yamamoto when Honolulu interviewed him in good company with his wealthy neighbors bar that the... Of Temecula, California-based Professional Hospital Supply that cost a pretty penny -- the most expensive beach house the! $ 18,950,000 a Point in Makena, surrounded on three sides by ocean part our.

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