5257 Kalanianaole Highway Honolulu, HI 96821

Take a Virtual Tour

Listing
Overview

Price: $5,900,000
Area: AINA HAINA BEACH
Status: Active

AUCTION: BID 22–31 OCTOBER. Listed For $5.9M. Starting Bids Expected Between $1.5M–$3M. 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 really 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. Listing by: RE/MAX ALOHA HOMES (808) 393-9966

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  • Land Area (sf): 39,235

  • View: Mountain,Ocean,Sunrise
  • Listing Office: RE/MAX ALOHA HOMES

  • Land Tenure: FS - Fee Simple

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446