Active
5257 Kalanianaole Highway
Honolulu HI, 96821
$4,500,000
$4,891.30 per sqft
Active
2 Beds
1 Bath
920 sqft
Residential
Built in 1955
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.
202506407
MLSⓇ ID
March 10, 2025
Listed
March 10, 2025
Updated
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Interior Features
Bedroom on Main Level, Full Bath on Main Level
Floor Description
Other
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.9 Acres
Lot Features
Other, Level
Architectural Style
Cottage, Detached
Security
Key Card Entry
Other Property Details
Area Name
DiamondHd
Taxes
$20,755
Tax Frequency
Annually
Garage
No
Parking
Carport, Driveway, Three or more Spaces
Parking Total
10
View
Yes
View Description
Mountain(s), Ocean
County
Oahu
Water Source
Public
Pool Features
None
Waterfront
Yes
Utilities
Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Underground Utilities, Water Available
Courtesy of Compass, Stephanie Rae Band
Listing Contact: (808) 825-4277
Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 3/10/2025 11:18 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2025 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.
©2025 Honolulu Board of REALTORS®/ HICentral. All rights reserved.
Data last updated 11:18 PM UTC, 3/10/2025
