Our Splurge: 1 Puuikena Drive, Honolulu, Hawaii, currently listed by Dan and Julie Ihara with Keller Williams Honolulu for $6.9 million.

Off-the-beaten-path beaches, tranquil turquoise waters, epic surfing, and an island steeped in historical culture — these are but a few reasons why Oahu, Hawaii, is calling your name!

The third largest Hawaiian island is the cross-section of ancient and modern, complete with bustling night life and mellow surfer towns. With five different regions — from the island’s capital, Honolulu, to one of the world’s most popular surfing destinations at North Shore — Oahu has something for everyone and no shortage of things to do.

This week’s Splurge vs. Steal puts the spotlight on a massive oceanfront splurge and a cozy beach cottage steal. Which one would you choose?

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It’s time to start thinking of your trip to the beach! A prime ocean view is a bit of an obligation. Given the price of oceanview property, which of course, they aren’t making any more of, the onus is on the builder and architect to craft a home that is both livable and delivers on the promise of a jaw-dropping vista.

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Jerusalem Road in Cohasset on Massachusetts’ South Shore has many homes that capture the classic look of a New England estate. Cohasset is a charming seaside town that offers many of the benefits of nearby Cape Cod but without as much of the tourist traffic (and no long wait to cross the bridge). This home, freshly built this year by Patrick Ahearn Architect and Fabrizio Construction, is a custom collaboration on a shingle style masterpiece with ocean views from 15 of 19 rooms!

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