CBIP Dev Site
1819 South Kihei Rd Suite D111
Kihei, Hi 96753
$3,880,000 $20,829 est/mo Sourced by Back At You
5257 Kalanianaole Highway , Honolulu, HI 96821
Honolulu, HI 96821
Ocean view from cottage living room
Ocean view from cottage living room and lanais
Ocean view from lanai
Cottage living room
Cottage entry and dining room
Remodeled cottage kitchen
Ocean view from cottage kitchen
Cottage kitchen
Ocean view from cottage lanai
Lanai with close ocean view
Cottage exterior
Aerial view of property, toward mountains
Aerial view of property, toward Diamond Head
Aerial view of property toward Koko Head and Hawaii Kai
Aerial view featuring commercial structure
Commercial structure, formerly used as classroom space
Commercial structure, mezzanine
Commercial structure, former auditorium
Commercial structure, space formerly used as classroom
Commercial structure, formerly used as science and lab
Commercial structure overview plan
Cottage floor plan
Aerial view of property showing commercial structure and cottage
Aerial view of property towards ocean
Description
AUCTION: BID 22-31 OCTOBER. Originally Listed For $5.9M. Starting Bid at Auction is now $2.5M. Rare Opportunity To Own Almost 1 Acre Oceanfront - Priced 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 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 endless! Because the commercial structure is non-conforming, the buyer must 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.
Details
| MLS# | 202414487 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1955 |
| Days On Site | 207 |
| Listing Provided By | RE/MAX ALOHA HOMES | Stephanie Rae Band |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 920 |
| Car Port | Yes |
| Story(s) | 1 |
| Zoning | 03 - R10 - Residential District |
| Water Front | Yes |
| Property View | Mountains, Ocean, Sunrise |
Market Activity 96821
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Learn More About This Property
| State | HI |
|---|---|
| County | Oahu |
| City | Honolulu |
| Zip Code | 96821 |
| Area | Oahu |
| Community Name | AINA HAINA BEACH |
| Listing VS Median (in AINA HAINA BEACH) | |
Price: $3,880,000 low | high Med: $7,190,000 SqFt: 920 low | high Med: 3,952 $ / SqFt: $4,217 low | high Med: $2,860 On Site: 207 low | high Med: 232.500000 | |
Listing Updated: January 13, 2025 at 8:38:03 PM PST
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