Hale Hanohano: Honolulu's "House of Honor" Shatters Hawaii Real Estate Records with $65.75 Million Sale
Hawaii’s luxury real estate market just made history with a record-breaking sale. The exceptional Honolulu estate, Hale Hanohano, known as the "House of Honor,” has just sold for a staggering $65,750,000, setting a new bar for residential sales in the islands.
Inside the Record-Breaking Deal on Kahala Avenue
The property, located on Kahala Avenue — one of Oahu’s most prestigious streets, was represented by Derek Kamm of Coldwell Banker Island Properties and Noel Shaw of Hawaii Life. Anne Perry of Compass represented the undisclosed buyer. The agents see the sale as a milestone that reinforces O‘ahu’s status as a global luxury hotspot. Kamm emphasized this point, stating, “The incredible speed at which this estate closed is a clear indication of the strong demand for luxury properties on Kahala Avenue. Hale Hanohano represents the pinnacle of oceanfront living, and we’re proud to have connected the right buyer with this exceptional home.”
Why did this home fetch such a high price? Hale Hanohano is the ultimate expression of oceanfront luxury. Nestled on 1.5 acres along the coveted Kahala Beach coastline, the estate boasts an unrivaled 213 feet of pristine ocean frontage and an array of world-class amenities.
“Hale Hanohano’s combination of privacy, luxury, and location makes it one of the most coveted properties in Hawaii,” noted Shaw.
Designed by renowned architect Kristan Eiserloh and completed in 2018, the estate spans 11,870 square feet across its three distinct structures, making it perfect for multi-generational living: a main residence with sweeping ocean views, an adult children’s home, and a guest house. The grounds are equally impressive, featuring an Olympic-sized heated lap pool, spa, lush tropical gardens, and direct access to Kahala Beach.
“The new owner will enjoy a lifestyle few can ever imagine, and we are excited for their next chapter,” added Shaw.
Hawaii's Luxury Real Estate Scene Heats Up
Hale Hanohano's final sale price of $65,750,000 officially makes it the most expensive residential property ever recorded in Hawaii. This landmark transaction surpasses previous record-setting sales across the islands, indicating the strong demand for high-end properties in this tropical paradise.
To provide some context, here's a quick look at some of Hawaii's other top-tier residential sales:
Top 5 Largest Residential Transactions Statewide
|
Date |
Island |
Address |
Price |
|
11/9/2018 |
Kauai |
2676 E Kaupaea Road |
$46,100,000 |
|
7/30/2021 |
Maui |
3200 S. Kihei Road |
$45,000,000 |
|
7/26/2021 |
Big Island |
75-5530 Kona Bay Drive |
$43,000,000 |
|
4/7/2015 |
Maui |
4446 Makena Alanui Road |
$41,775,000 |
|
5/30/2024 |
Maui |
47 Malukai Lane |
$38,500,000 |
Top 5 Oahu Largest Residential Transactions
|
Date |
Island |
Address |
Price |
|
10/12/2023 |
Oahu |
1388 Ala Moana Blvd #3800 Park Lane |
$27,500,000 |
|
5/28/2024 |
Oahu |
123 Kailuana Loop Beachside |
$26,000,000 |
|
7/20/2021 |
Oahu |
1240 Mokulua Dr Lanikai |
$24,380,000 |
|
7/31/2006 |
Oahu |
145 Kailuana Loop Beachside |
$24,000,000 |
|
6/8/2022 |
Oahu |
1020 & 1030 Mokulua Dr Lanikai |
$23,888,888 |
Data sourced from the Honolulu Board of Realtors, Realtors Association of Maui and Hawaii Information Services (Big Island and Kauai).
A Testament to Hawaii's Luxury Market
Steve Houle, CEO of Coldwell Banker Island Properties, underscored the significance of the sale, saying, “Today’s historic sale reinforces our position as Hawaii’s leader in luxury real estate. We are proud that clients trust us to position their properties in front of qualified buyers, deliver exceptional results, and protect the privacy of our clients. This sale further highlights that Hawaii remains a premier destination for high-net-worth buyers across the islands.”
This record-breaking sale is a clear sign that Hawaii's luxury real estate market is thriving and continues to attract discerning buyers from around the globe.
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