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 22, 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 11/22/2024 4:46 AM 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 4:46 AM UTC, 11/22/2024

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