Average price in area: $797,695
This house: $995,000
Description: 4 beds, 3 baths; 2,131 square feet
Land in Hawaii is in short supply, meaning you'll pay a premium for a home here. It's the
most expensive metro area housing market in the nation right now.
Even during the recession, prices remained fairly stable and have strengthened lately as an influx of foreign investors from Russia, Canada and the Far East rush to take advantage of a weak dollar.
This contemporary home is a lot more expensive than the other homes on Coldwell Banker's list, but the price tag includes plenty of amenities, such as a master suite in a separate wing with its own sunken tub and sauna, an observation deck and a wraparound balcony.
The home, which features pitched ceilings and tropical hardwoods, is located on a
Honolulu hillside overlooking Maunalua Bay with views of Diamond Head, the iconic, ancient volcano that has become Hawaii's emblem. The property also sits on a manicured tropical garden.
More information: Coldwell Banker NEXT: Westport, Conn.
