Unique and so very special, this 1937 Albert Ives home nestled between Diamond Head Rd and the world famous Diamond Head National Monument. This beautiful home is located on the prestigious and iconic Makalei Place. Gorgeous ocean views can be enjoyed throughout this private sanctuary. It's surrounded by nature, birds and landscaped gardens. House and landscaping are anchored around a magnificent Chinese banyan tree. Ohia wood floors, polished concrete patios, pickled redwood walls, and modern built-in appliances are special features to name a few. Entertain and enjoy all the indoor outdoor spaces, especially the pool and spa tub. This gem of a property consists of three bedrooms and two full bathrooms upstairs of the main house. In a separate structure consistent with the rest of the home is a large guest cottage about 800 SF equipped with a kitchenette, large bathroom and its own laundry and patio space. Below the guest cottage at the bottom of this sprawling property is a finished enclosed basement with bathroom. The space is great as a workshop, artist studio or storage. This is a rare slice of history that reflects old Hawai'i with modern livability.