$1,399,000

85-538 Waianae Valley Rd Waianae, HI 96792

$10,000
Closing credit¹
6 beds
4 full
3,312 sqft
$422 / sqft
House

Property details

About 85-538 Waianae Valley Rd

Rare Coastal Valley Gem – Multi-Use Property with Income Potential! Located in one of Oahu’s largest coastal valleys, this stunning property offers breathtaking panoramic views of the Wai‘anae Mountain Range, mesmerizing sunsets, and access to some of the island’s best-kept beach secrets—just blocks away! Two Homes, Endless Possibilities! The main home features 4 bedrooms and 2 full bathrooms, while an additional single-family home offers 3+ bedrooms and 2+ bathrooms (not reflected in tax records). Perfect for multi-generational living or rental income! Event Space with Income Potential! This property also boasts a dedicated event space, complete with two fully permitted bathrooms and room for a commercial kitchen—ideal for weddings, retreats, and private events. Whether you’re looking to generate income or create your own dream venue, the opportunities are endless! With leased PV panels, stunning mountain views, and a spacious, versatile lot, this property is primed for development, CPR potential, or creating your dream home. Don’t miss this unique opportunity to own a multi-use property in paradise! Buyer to conduct due diligence on development and CPR options.

Highlights

Home typeSingle Family Residence
HeatingWater Heater
StatusActive
CoolingSplit System, Wall/Window Unit(s), Ceiling Fan(s)
Size3,312 sqft
Year built1945
ParkingBoat, Carport, Driveway, Three or more Spaces
MLS #202507716
FireplaceOther
ViewMountain(s)

Summary

  • MLS Number: 202507716
  • MLS Name: HICMLS
  • Office Name: eXp Realty
  • Office Phone: (808) 725-2794
  • Agent Phone: (808) 953-0139
  • Agent Email: Briggsluxrealty@gmail.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: 4/12/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view with a water view

$1,399,000

85-538 Waianae Valley Rd

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 28, 2002
Home Sold
$185,000

Tax history

YearAssessmentProperty Tax
2024$601,100$973
2023$376,500$935
2022$367,500$935
2021$377,400$977
2020$374,500$970
2019$271,200$507
2018$242,500$507
2017$39,500$594

History based on county public records data.

Nearby schools

5

Waianae Elementary School

Public District PK-6

0.4 mi

85-220 McArthur St

8

Leihoku Elementary School

Public District PK-6

0.9 mi

86-285 Leihoku St

3

Maili Elementary School

Public District PK-6

1.8 mi

87-360 Kulaaupuni St

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 $71,497. The most common annual income of people living in Waianae, HI is between $35k-100k. Most families are married, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

16%
<35k
55%
35k-100k
24%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

24%
Single, No Kids
17%
Single, with Kids
25%
Married, No Kids
34%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Minor League Baseball GamesMinor League Baseball Games
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • BurlingtonBurlington
  • New York & CompanyNew York & Company
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Chick-fil-AChick-fil-A
  • QdobaQdoba

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • InfinitiInfiniti

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Talk/PersonalityTalk/Personality
  • Active RockActive Rock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Waianae, HI

About 85-538 Waianae Valley Rd

This home is located at 85-538 Waianae Valley Rd in Waianae, HI and zip code 96792. This 3,312 square foot home was built in 1945. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $1,399,000.

In March 2025 more than 2 listings in Waianae, HI were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Waianae, HI increased by 17.8% between February and March 2025. In March 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $546,666.

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

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