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MLS: 202508113 (Active - For Sale)
 
Asking Price: $2,550,000 FS - Fee Simple
Type: Residential
District: Kaneohe
Address: 47-351 Waihee Road, Kaneohe, HI
Neighborhood: Waihee
Beds: 7   Baths: 6
Living Area: 5,412 SF
Style: Multiple Dwellings
Land Area: 2.4 Acres
View: Mountain
Parking: 3 Car+
Days on Market: 262
(The Price of the property was lowered by $50,000 on 12/12/2025)
Year Built: 1938
Easements: Driveway
Zoning: 56 - Country District
Land Recorded: Land Court
Property Taxes: $354
Assessed Value: $1,213,100
Assessed Ratio: 210.21%
Listing Courtesy: Equity Properties, Inc.
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Welcome to 47-351 Waihee Road – A Rare Investment & Lifestyle Opportunity in Serene Kane‘ohe Tucked away in the peaceful Kahaluu community, this one-of-a-kind property presents incredible versatility for investors and those seeking a multigenerational living arrangement. Set on a generous lot surrounded by lush greenery, the property currently produces steady rental income through four distinct dwellings: • Two 3-Bedroom, 2-Bath Cottages – Each equipped with owned photovoltaic (PV) systems to help lower utility expenses. • One 1-Bedroom, 1-Bath Cottage – Perfect as a guest suite, home office, or additional rental. • A Two-Story Farmhouse – Currently used as a chicken farm, with flexible options for future rental potential (note: non-conforming structure). With convenient access directly off Waihee Road, the property offers a tranquil, mountain-facing setting while remaining just minutes from shopping, schools, and major roadways. Whether you’re looking to expand your investment portfolio, establish a sustainable living retreat, or create space for extended family, this rare Kane‘ohe gem is an opportunity not to be missed.


 
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