Location: Hanalei, Hawaii

Price: $9,700,000

Back in 1958, when the film version of Rodgers and Hammerstein classic South Pacific was filmed on this beach, a piece of paradise was going for peanuts. Not so today, as this idyllic spot -- on the North Shore of Kauai -- commands a premium. This 1.5-acre plot, with an airy 3,600-square-foot mansion, is asking $9,700,000. The main house blends indoor and outdoor space with accordion glass doors and is elevated to maximize views of the beach and azure waters. Down by the oceanfront, there's a small guest studio fit for long-term guests. There will be many.

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