5257 Kalanianaole Highway, Honolulu, HI 96821

$5,900,000
List Price
$5,900,000
MLS#
202414534
Days on Market
28
Status
ACTIVE
Type
Land
Land Area
39,235
Land Tenure
FS - Fee Simple
Neighborhood
Aina Haina Beach

Property Description

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 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.

Additional Information

Island
Oahu
Utilities
Cable, Electricity, Public Water, Sewer, Telephone, Underground Electricity, Water
View
Mountain, Ocean, Sunrise
Easements
None
Lot Size
39,235
Possible Use
Multi Family, Other, Single Family
Mls Area Major
DiamondHd
Neighborhood
Aina Haina Beach
Frontage
Ocean, Waterfront
Tax Amount
$1,893
Sewer
Connected
Lot Features
Other
Restrictions
None
Assessed Total
6490300
Assessed Improvement
493100
Assessed Land
5997200
Zoning
03 - R10 - Residential District

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX ALOHA HOMES.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact: (808) 393-9966