Hawaiʻi’s Most Expensive Homes on the MarketApril 6, 2017, 12:03 PM HST · Updated April 6, 1:56 PM 0 Comments
A team from PropertyShark.com zoomed in on Hawaiʻi’s real estate market and compiled a list of the state’s priciest homes for sale.
Prices ranged from $25 to $45 million with the priciest listing located in Hanalei, Kauaʻi. Two Honolulu properties completed the top 3 list and three Maui homes made the top 10.
The top end of Hawaiʻi’s real estate market features some of the most dreamy – and pricey – real estate in the country.
“The overall residential buying market in the Aloha State is experiencing very healthy growth numbers at the moment, with the Oʻahu single-family median sale price hitting a near-record $755,000 in February – just a breath short of the record $760,000 set in June of last year. Condo prices have inched higher too, especially as sales figures saw double-digit increases due to extremely tight inventory in the single-family market, per the Honolulu Board of REALTORS. And it’s not just the densely-populated capital area that’s tearing it up right now – Maui hit the highest median sale price for condos since February 2009 early this year.
Although the luxury section of Hawaiʻi real estate remains a buyer’s market due to overabundance of inventory – with some submarkets sporting up to 17 months of inventory – this is part of an overall nationwide trend reflected in many mainland states such as Florida and Colorado.
Ranging in price from just short of $25 million to a whopping $45 million, the most expensive homes for sale in Hawaiʻi are all about that sweet island life: tropical landscaping, thousands of square feet of laid-back indoor-outdoor living, infinity pools with endless ocean vistas and whale watching from the comfort of your living room – these fabulous pads are all about being on a perpetual paradise getaway.
As for the most expensive home for sale in Hawaiʻi right now, it is an artfully renovated and expanded home that’s an ode to Hawaiiana, with bespoke décor and artwork, ocean and mountain views, four separate residences – oh and a 1,875-square-foot pool.”
No. 9: 4000 Wailea Alanui Drive #102, Wailea
“Located 40 feet above the water on Maui’s famed Wailea Beach, this 2-bed, 3,850-square-foot Wailea Point condo boasts some of the most fabulous views on the island – you can actually do some whale watching from the comfort of your own home! With almost 30 acres of landscaped grounds, including edible landscaping, and a host of amenities such as pools, entertainment pavilions and tennis courts, residents at the golf-cart-friendly community enjoy a pretty laid-back lifestyle.”
No. 7: 3244 S. Kīhei, Kīhei
“Located on the southern end of the famed Keawakapu Beach in South Maui, this 9-bed home boasts direct beachfront access while maintaining utter privacy from beach goers. Totaling 13,422 square feet, the home includes 3 ocean view master suites, penthouse level sundecks, fitness center, pool and garden.”
No. 6: 7505 Mākena Road, Mākena
“For those who love outdoor cinemas, this might just be the ultimate dream home with its swanky outdoor theater that rises from the pool deck. Nestled on a 1-acre parcel, the 8-bed residence also offers 10,000 square-feet of indoor-outdoor Hawaiian living with infinite Pacific Ocean views, lush landscaping, water features, close to 4,000 square feet of deck and outdoor furniture, as well as a 6-car garage. But honestly, we’re still stuck on that outdoor theater.”
No. 1: 5418 Weke Road, Hanalei
“Oozing old Hawaiʻi charm, this 2.5-acre compound on surfers’ paradise Hanalei Beach is a unique 9-bed, multi-property estate totaling 14,720 square feet of fully restored living space enriched with bespoke furniture and décor as well as carefully curated artwork. The family compound includes a 5-bed main residence boasting both ocean and mountain views, a 2-bed beachfront home and 1-bed studio available for purchase separately for a cool $35 million. In addition, you can get a 2-bedroom pool cottage with a 1,875-square-foot pool and 2,387 square feet of decking for those who’d rather go big and own the entire $45 million estate.”
Original Article by: Eliza Theiss. Full article and more pictures of the properties can be found here.