| MLS: 202521333 (Active - For Sale) Asking Price: $2,500,000 FS - Fee Simple Type: Residential District: North Shore Address: 66-346 Paalaa Road, Haleiwa, HI Neighborhood: Waialua Beds: 2 Baths: 3 Living Area: 1,853 SF Style: Detach Single Family Land Area: 1.01 Acres View: Mountain Parking: 3 Car+ Days on Market: 70 (The Price of the property was lowered by $300,000 on 11/24/2025) Year Built: 1961 Zoning: 05 - R-5 Residential District Land Recorded: Land Court Property Taxes: $1,044 Assessed Value: $1,748,200 Assessed Ratio: 143% Listing Courtesy: Five Star Realty, Inc. | Google Map County Records Add to Watch List Print Version Request Info All Homes For Sale in Waialua |
Located in the highly sought-after North Shore of Oahu, this exceptional property at 66-346 Paalaa Rd offers both immediate income potential and long-term development opportunities. Currently generating a strong $5,900 per month in rental income, the property is not only a great investment but also presents a fantastic chance for future development, given its expansive 43,865 square foot lot size (nearly 1 acre) and R-5 zoning. With a solid $5,900 in monthly rental income, this property provides reliable cash flow right from the start. Situated just minutes from the vibrant town of Haleiwa, the property offers access to world-famous beaches, surfing, local dining, shopping, and more, while still providing a peaceful, serene atmosphere. Surrounded by lush greenery, the property offers privacy and tranquility in one of Oahu’s most desirable locations. This property offers both immediate rental income and exciting possibilities for development. Whether you’re looking to enhance your investment portfolio or create something new in one of Hawaii’s most desirable areas, 66-346 Paalaa Road is the perfect choice.
| MLS | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 2611332 | 06/14/2006 | 09/22/2006 | $1,750,000 | $1,600,000 |
| 202109393 | 04/20/2021 | 08/11/2021 | $2,599,999 | $2,400,000 |
14 Comparable Homes Sold in Waialua (Last 12 months)
| Description | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 2 Bed 3 Bath | 11/05/2024 | 03/24/2025 | $799,999 | $825,000 |
| 2 Bed 3 Bath | 05/28/2025 | 08/05/2025 | $884,900 | $907,200 |
| 2 Bed 3 Bath | 06/10/2025 | 07/30/2025 | $899,000 | $910,000 |
| 2 Bed 3 Bath | 11/05/2024 | 05/27/2025 | $1,095,000 | $1,040,000 |
| 2 Bed 3 Bath | 04/17/2025 | 08/29/2025 | $1,098,000 | $1,025,000 |
| 2 Bed 3 Bath | 03/12/2025 | 07/16/2025 | $1,099,000 | $1,060,000 |
| 2 Bed 3 Bath | 09/24/2024 | 02/13/2025 | $1,100,000 | $1,081,000 |
| 2 Bed 3 Bath | 09/30/2025 | 12/10/2025 | $1,100,000 | $1,070,000 |
| 2 Bed 3 Bath | 04/01/2025 | 05/27/2025 | $1,150,000 | $1,206,000 |
| 2 Bed 3 Bath | 03/05/2025 | 06/13/2025 | $1,248,000 | $1,260,000 |
| 2 Bed 3 Bath | 03/19/2025 | 07/23/2025 | $1,350,000 | $1,400,000 |
| 2 Bed 3 Bath | 12/10/2024 | 02/14/2025 | $1,370,000 | $1,370,000 |
| 2 Bed 3 Bath | 01/30/2025 | 03/31/2025 | $1,674,000 | $1,625,000 |
| 2 Bed 3 Bath | 12/12/2024 | 03/28/2025 | $1,825,000 | $1,800,000 |
| Average Price: | $1,184,229 | |||
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