5257 Kalanianaole Hwy
Honolulu, HI 96821

For Sale
Sold
Sold Price
$2,700,000 (FS)
List Price
$4,500,000 (FS)
Property Type:
Single Family
Bedrooms:
2
Full Baths:
1
Half Baths:
0
Land Area (sf):
39,235
Living (sf):
920
Lanai (sf):
1,035
Other (sf):
--
Parking Stalls:
10 - 3 Car+, Carport, Driveway
Property Photo
MLS #:
202506407
Island:
Oahu
Region:
Diamond Head
Neighborhood:
AINA HAINA BEACH
TMK:
1-3-6-002-035-0000
List Date:
Date Sold:

REMARKS:

Rare Opportunity To Own Almost 1 Acre Oceanfront – Priced almost $1.5 MILLION 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 also 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 really endless! Because the commercial structure is non-conforming, the buyer is to 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.

PROPERTY INFORMATION:

Zoning:
3 - R10 - Residential
Furnished:
Full
Year Built:
1955
Year Remodeled:
2020

FINANCIAL INFORMATION:

Assd. Val. Land:
$5,437,000
Assd. Val. Imprv:
$493,100
Assd. Val. Total:
$5,930,100
Tax Year:
2024
Monthly Taxes:
$1,730
Home Exempt.:
$0

SCHOOLS:

Elem. School:
--
Middle School:
--
High School:
--

OTHER PROPERTY FEATURES:

Frontage:
Ocean, Waterfront
View:
Mountain, Ocean
Pool:
None
Amenities:
Bedroom on 1st Floor, Full Bath on 1st Floor, Wall/Fence
Inclusions:
AC Central, AC Split, AC Window Unit, Ceiling Fan, Dryer, Range/Oven, Refrigerator, Washer, Water Heater
Security:
Key
Assn. Fee Inclusions:
--
Other Fee Inclusions:
None
Lot Description:
Other
Topography:
Level
Number of Stories:
One
Building Style:
2 Bedroom Cottage, Detach Single Family
Property Condition:
Above Average
Construction:
Single Wall, Wood Frame
Roofing:
Asphalt Shingle
Floor Covering:
Other
Disclosures:
Property Disclosure Stmt
Possession:
At Closing
Terms Accept.:
Cash, Conventional, Other
Land Recorded:
Dual Systems
Exclusions:
--
Easements:
None
Set-Backs:
Of Record

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Tuesday, April 29, 2025.  Information is deemed reliable but not guaranteed.  Copyright: 2025 by HiCentral MLS, Ltd.  Listing courtesy of Compass