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SOLD
MLS: 201923229
 
Asking Price: $2,150,000 FS - Fee Simple
Sold Price: $2,000,000
Sold Date: 02/28/2020
Type: Residential
District: Diamond Head
Address: 5799 Kalanianaole Highway, Honolulu, HI
Neighborhood: Niu Beach
Beds: 4   Baths: 3
Living Area: 2,266 SF
Style: Detach Single Family,Studio Cottage
Land Area: 10,060 SF
View: Coastline,Mountain,Ocean,Sunrise
Pool:
Parking: 3 Car+,Carport,Driveway
Garage/Carport Area: 600 SF
Amenities: Wall/Fence
Days on Market: 1687
Year Built: 1947
Zoning: 03 - R10 - Residential Distric
Land Recorded: Regular System
Property Taxes: $1,350
Assessed Value: $2,497,300,.00
Assessed Ratio: 86.09%
Listing Courtesy: Coldwell Banker Pacific Prop.
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Back on the market at a new low price, well below 2019 tax assessed Land value ($2,307,500). Arguably the best value for an ocean front property in East Oahu along the Kalanianaole corridor. A deep 10,000 sf lot with swaying coconut trees reaching out to sea and dramatic views of Koko Head, Portlock and the breaking waves on the outer barrier reef. Relax under your own Hau tree, swim, surf, standup paddle or go fly flishing on the clear water sandbar flats. At back there is a nice grassy yard at ocean side for your kanikapila gatherings with family and friends, and there is ample parking space at front. The permitted seawall protects from shoreline erosion and sets the shoreline boundary. Envision what the future may bring to this idyllic spot just 5 minutes to the H-1 freeway and 10 minutes to downtown Honolulu. Restore the quaint 1947 beach house or build your own dream beach house.


 
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