NEW PRICE!! A rare opportunity in beautiful Punalu'u! This unique property features two single-family homes on a generous 11,324 sq ft lot, directly across the street from a stunning sandy beach. Each home offers 3 bedrooms and 2 full baths, with updated kitchens and bathrooms that blend modern comfort with island charm. Beautiful large deck in the back of house A for relaxing or entertaining with beautiful mountain views. Full size washer and dryer in units. Two separate electrical meters and one water meter. Whether you're looking for a multi-generational setup, an investment opportunity, or your own slice of paradise, this property delivers flexibility and value. Live in one and rent out the other, or enjoy strong rental income from both. With ample parking for multiple vehicles, guests, or even a boat, this beachside gem is perfect for those seeking both lifestyle and practicality. Don't miss out on this incredible opportunity!
Active
Price cut: $101K (8/4)
$1,399,000
53-388 Kamehameha Hwy, Hauula, HI 96717
--beds
0baths
2,398sqft
Est.:
Multi Family
Built in 1972
-- sqft lot
$1,360,900 Zestimate®
$583/sqft
$-- HOA
What's special
- 68 days
- on Zillow |
- 407 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 12:00pm
Listed by:
Tricia N Iseri 808-258-7885,
Galaxy Properties, LLC
Source: HiCentral MLS,MLS#: 202513395

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Interior area
- Total structure area: 2,398
- Total interior livable area: 2,398 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Coastline, Mountain(s), Ocean
- Has water view: Yes
- Water view: Coastline,Ocean
- Frontage type: Other
Lot
- Features: Flag Lot, Interior Lot, Level
- Topography: Level
Details
- Parcel number: 1530050360000
- Zoning description: 05 - R-5 Residential District
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
Condition
- Good Condition
- Year built: 1972
Utilities & green energy
- Sewer: Cesspool
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Punaluu
Location
- Region: Hauula
Financial & listing details
- Price per square foot: $583/sqft
- Tax assessed value: $1,322,700
- Annual tax amount: $7,872
- Date on market: 6/6/2025
- Total actual rent: 3950
- Tenant pays: Cable TV, Electricity
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