Active

Price cut: $45K (12/6)

$1,379,000

1729 Iwi Way, Honolulu, HI 96816

3beds

1,344sqft

Est.:

Single Family Residence

Built in 1949

-- sqft lot

$1,346,600 Zestimate^®

$1,026/sqft

$-- HOA

What's special

Discover an exceptional opportunity on highly sought-after Wilhelmina Rise. Perched on a rim lot with unobstructed Diamond Head and coastline views, this expansive 12,000+ sq. ft. parcel offers endless potential for investors, builders, or homeowners looking to create something truly special. The property features a nearly completed CPR—already well underway and offering the ability to split and develop. In addition, plans are currently in review with the Department of Planning & Permitting to construct an additional single-family dwelling, giving you a head start on future development. Its prime location places you just minutes from Kahala Mall, Kaimuki’s restaurants, boutique shops, and nearby conveniences, offering both lifestyle and value in one of Honolulu’s most desirable neighborhoods. With breathtaking vistas, development flexibility, and a list price below tax-assessed value, this is a rare opportunity with unmatched potential.

29 days

1,885

84

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Features

Bedroom on Main Level, Full Bath on Main Level
Flooring: Ceramic Tile, Laminate, Vinyl

Interior area

Total structure area: 1,344
Total interior livable area: 1,344 sqft

Property

Parking

Total spaces: 2
Parking features: Carport, Driveway, Two Car Garage, Two Spaces
Garage spaces: 2
Has carport: Yes

Features

Levels: Two
Stories: 2
Pool features: None
Has view: Yes
View description: City, Mountain(s), Ocean
Has water view: Yes
Water view: Ocean
Frontage type: Other

Lot

Features: Other, Rim Lot
Topography: Sloping

Details

Parcel number: 1330180570000
Zoning description: 05 - R-5 Residential District
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Detached
Property subtype: Single Family Residence

Materials

Double Wall

Condition

Excellent,Updated/Remodeled
New construction: No
Year built: 1949
Major remodel year: 2025

Utilities & green energy

Water: Public
Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Other, Sewer Available, Water Available

Community & HOA

Community

Features: Deck/Porch, Patio
Security: Key Card Entry
Subdivision: Wilhelmina

HOA

Services included: None

Location

Region: Honolulu

Financial & listing details

Price per square foot: $1,026/sqft
Tax assessed value: $1,431,600
Annual tax amount: $5,010
Date on market: 11/17/2025
Inclusions: AC Split, Blinds, Cable TV, Ceiling Fan, Chandelier, Drapes, Range Hood, Range/Oven, Solar Heater, Washer

Estimated market value

$1,346,600

$1.28M - $1.41M

$4,669/mo

Price history

Date	Event	Price
12/6/2025	Price change	$1,379,000-3.2%$1,026/sqft
Source: HiCentral MLS #202525217 Report a problem
11/18/2025	Listed for sale	$1,424,000-8.1%$1,060/sqft
Source: HiCentral MLS #202525217 Report a problem
10/30/2025	Listing removed	$1,550,000$1,153/sqft
Source: HiCentral MLS #202518613 Report a problem
9/24/2025	Listed for sale	$1,550,000$1,153/sqft
Source: HiCentral MLS #202518619 Report a problem
9/15/2025	Contingent	$1,550,000$1,153/sqft
Source: HiCentral MLS #202518619 Report a problem