Under contract
Active Under Contract
5257 Kalanianaole Highway
Honolulu HI, 96821
$3,880,000
$4,217.39 per sqft
Under contract
Active Under Contract
2 Beds
1 Bath
920 sqft
Residential
Built in 1955
AUCTION: BID 22-31 OCTOBER. Originally Listed For $5.9M. Starting Bid at Auction is now $2.5M. Rare Opportunity To Own Almost 1 Acre Oceanfront - Priced Under Tax Assessor's Value! This unique property features a charming Oceanside Cottage that was fully remodeled in 2020, and also a 29,000 sq ft Commercial Structure that has been home to many historic schools - including The Waldorf School and The Academy - offering versatile space for a variety of creative uses. With the flexibility to enjoy both the cottage and the historic structure, this R-10 zoned lot also offers the potential to reimagine this property into a custom luxury oceanfront estate, or even multiple homes of your design. When you start with an amazing Pacific Ocean view - extending from Aina Haina all the way to Portlock and Hanauma Bay Ridge - the possibilities are endless! Because the commercial structure is non-conforming, the buyer must do all due diligence on permits, zoning capabilities, and acquiring appropriate non-conforming use certificates. Additionally, the actual property configuration does not agree with the public record data, the buyer must do their own due diligence. This property is sold As-Is.
202414487
MLSⓇ ID
June 18, 2024
Listed
November 1, 2024
Updated
Map
5257 Kalanianaole Highway
Honolulu HI, 96821
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.9 Acres
Lot Features
Waterfront, Level
Architectual Style
2 Bedroom Cottage, Detach Single Family
Roof
Asphalt
Other Property Details
Area Name
DiamondHd
Taxes
$22,716
Tax Frequency
Annually
Days on Market
133
Garage
No
Parking Total
10
View
Yes
View Description
Mountain(s), Ocean
County
Oahu
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
03 - R10 - Residential District
Listing History
Date | Event | Price |
|---|---|---|
11/1/2024 | Price change | $3,880,000 55% |
11/1/2024 | Under contract | — |
10/24/2024 | Price change | $2,500,000 -58% |
Courtesy of RE/MAX ALOHA HOMES, Stephanie Rae Band
Listing Contact: (808) 393-9966
Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 11/1/2024 7:20 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®/ HICentral. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.
©2024 Honolulu Board of REALTORS®/ HICentral. All rights reserved.
Data last updated 7:20 PM UTC, 11/1/2024
