1492 Honokahua St, Honolulu, HI 96825

11.4 acres

Lot/Land
$8,450,000
Est. Mortgage
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My Notes

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Unique opportunity in all of East Oahu! Over 11 Acres of gently sloping residential land in Kalama Valley, a great area of the established neighborhood of Hawaii Kai. Build single family, duplex or cluster homes. Paved road with underground utilities to the existing driveway. Nearby attractions include: Hanauma Bay, Sandy Beach, Koko Crater Trail, Hawaii Kai Marina, & Maunalua Bay with Public Boat Launch. Reports available include: Feasibility Study, Topo, Survey, Tax and Plat Maps. Possible JV with current owner with the right terms. Call to see - DO NOT VENTURE ONSITE WITHOUT CONSENT.

What I love about the home

Don't let the Zillow Zestimate throw you. This Zestimate is the selling price of the average home in the neighborhood, and a builder could potentially build up to 88 homes on this 11 acre site, zoned R-5 by the City & County of Honolulu (1 home for every 5,000 sf of land).
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Facts

  • 1045 days on Zillow
  • Last sold: Aug 2009 for $293,000
  • MLS #: 201418285

Features

  • Finished basement, 736 sqft
  • Parking: Off street
  • Patio
  • View: Mountain

    Additional Features

    • Up to 88 additional homes can be built on this Residential Lot of over 11 acres.Mountain/Ocean views

    Other

    • Parcel #: 1391040040000
    • Zillow Home ID: 625367

    Zestimate Details

    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $2,331/mo
    +$40 Last 30 days
    $1.5K
    $3.5K
    Zestimate range

    Comparable Homes

    Homes like this sold for $450K-1.0M.

    $390K
    $1.06M

    Popularity on Zillow

    7,431 views since listing
    9,782 all-time (chart)
    6 shoppers saved
    this home to their list of favorites

    Home Expenses

    Internet, phone and TV
    Home security
    Furniture
    Home Insurance

    Neighborhood

    Market guide

    Zillow predicts Hawaii Kai home values will rise 4.4% next year, compared to a 3.5% increase for Honolulu as a whole. Among Hawaii Kai homes, this home is 886.6% more expensive than the midpoint (median) home, and is priced 965.6% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Hawaii Kai, the number of foreclosures waiting to be sold is 78.2% lower than in Honolulu, and 79.9% lower than the national average. This lower local number could help Hawaii Kai home values rise more quickly than other regions in Honolulu.

    Learn more about forecast calculations or Hawaii Kai home values.
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      For Sale

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      Rentals

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      Nearby Schools in Honolulu

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org