$4,500,000

5257 Kalanianaole Hwy Honolulu, HI 96821

Land

Property details

About 5257 Kalanianaole Hwy

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.

Highlights

Home typeVacant Land
StatusActive
MLS #202506410
WaterfrontOcean Front, Waterfront
ViewMountain(s), Ocean

Virtual tour

Summary

  • MLS Number: 202506410
  • MLS Name: HICMLS
  • Office Name: Compass
  • Office Phone: (808) 825-4277
  • Agent Phone: (808) 773-9390
  • Agent Email: stephanie@hawaiidreamhomes.com

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

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.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$4,500,000

5257 Kalanianaole Hwy

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Price information

Property sales

DateEventPrice
Oct 15, 2010
Home Sold
$918,528
Jan 15, 2009
Home Sold
$350,000

Tax history

YearAssessmentProperty Tax
2024$5,930,100$22,716
2023$6,490,300$24,215
2022$6,918,700$24,215
2021$5,435,900$19,717
2020$5,633,600$19,717
2019$5,435,900$300
2018$4,941,600$300
2017$5,435,900$300

History based on county public records data.

Nearby schools

7

Aina Haina Elementary School

Public District PK-5

0.3 mi

801 W Hind Dr

5

Kahala Elementary School

Public District PK-5

2.1 mi

4559 Kilauea Ave

5

Mayor John H Wilson Elementary School

Public District PK-5

2.1 mi

4945 Kilauea Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $103,125. Most Honolulu, HI residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

17%
<35k
32%
35k-100k
23%
100k-200k
28%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
7%
Single, with Kids
36%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
8%
12-17 yrs old
16%
18-34 yrs old
45%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • CadillacCadillac

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5257 Kalanianaole Hwy

This home is located at 5257 Kalanianaole Hwy in Honolulu, HI and zip code 96821 in the Kuliouou - Kalani Iki neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $4,500,000.

In February 2025 more than 24 listings in Honolulu, HI were sold above the asking price. During the same period more than 44 listings were sold at asking price, while more than 127 were sold below. In February 2025 in Honolulu, HI there were 10.2% more homes for sale than in January. While the average time on the market in February 2025 was 72 days, the median list price was $699,719.

From Rocket Homes Real Estate and based on county public records data.

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