| MLS: 202607797 (Active - For Sale) Asking Price: $1,875,000 FS - Fee Simple Type: Residential District: Diamond Head Address: 5207 Poola Street, Honolulu, HI Neighborhood: Waialae Iki Beds: 4 Baths: 3 Full / 1 Half Living Area: 2,520 SF Style: Detach Single Family Land Area: 8,161 SF View: Mountain,Ocean,Sunset Parking: 2 Car,Driveway,Garage,Street Garage/Carport Area: 420 SF Days on Market: 30 Year Built: 1994 Easements: Drainage Zoning: 04 - R-7.5 Residential District Land Recorded: Land Court Property Taxes: $1,186 Assessed Value: $1,784,800 Assessed Ratio: 105.05% Listing Courtesy: KBay Properties, LLC | Google Map County Records Add to Watch List Print Version Request Info All Homes For Sale in Waialae Iki |
Located in highly desirable Waialae Iki neighborhood on Oahu, this exceptional property offers immediate rental income and strong future upside. The existing 4bedroom/3.1bath home has been thoughtfully remodeled with tasteful updates. Currently occupied by reliable tenants, the home generates steady rental income that can continue seamlessly for the new owner while they plan and develop an Accessory Dwelling Unit (ADU) on the spacious 8,161 sq ft R-7.5 zoned lot, creating excellent opportunities for multi-generational living, guest accommodations, or increased rental revenue in one of East Honolulu’s most prestigious communities. Adding to its unique appeal is the expansive downstairs workshop / artist studio—a bright, versatile space perfect for creative pursuits, hobbies, or professional projects. The lower section of the property is accessed via a solidly engineered bridge providing vehicular access. This rare offering combines turnkey cash flow with significant upside for the discerning buyer seeking both immediate returns and long-term value. Pls click video for additional photos.
| MLS | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 2202563 | 03/12/2002 | 06/14/2002 | $635,000 | $600,000 |
16 Comparable Homes Sold in Waialae Iki (Last 12 months)
| Description | List Date | Sold Date | List Price | Sold Price |
|---|---|---|---|---|
| 4 Bed 3.5 Bath | 09/12/2025 | 09/30/2025 | $1,600,000 | $1,600,000 |
| 4 Bed 3.5 Bath | 08/15/2025 | 09/30/2025 | $1,850,000 | $2,083,000 |
| 4 Bed 3.5 Bath | 06/17/2025 | 09/24/2025 | $1,895,000 | $1,500,000 |
| 4 Bed 3.5 Bath | 06/25/2025 | 10/20/2025 | $1,995,000 | $1,900,000 |
| 4 Bed 3.5 Bath | 04/28/2025 | 03/02/2026 | $2,095,000 | $2,045,000 |
| 4 Bed 3.5 Bath | 10/23/2025 | 01/08/2026 | $2,149,000 | $2,300,000 |
| 4 Bed 3.5 Bath | 12/05/2025 | 01/30/2026 | $2,450,000 | $2,500,000 |
| 4 Bed 3.5 Bath | 04/08/2025 | 06/20/2025 | $2,600,000 | $2,488,000 |
| 4 Bed 3.5 Bath | 12/26/2025 | 02/11/2026 | $2,795,000 | $2,770,000 |
| 4 Bed 3.5 Bath | 04/22/2025 | 08/01/2025 | $2,880,000 | $2,760,000 |
| 4 Bed 3.5 Bath | 11/10/2025 | 02/04/2026 | $2,998,000 | $2,849,000 |
| 4 Bed 3.5 Bath | 06/24/2025 | 08/08/2025 | $2,999,000 | $2,900,000 |
| 4 Bed 3.5 Bath | 03/24/2025 | 08/08/2025 | $3,100,000 | $3,125,000 |
| 4 Bed 3.5 Bath | 05/09/2025 | 08/25/2025 | $3,150,000 | $3,000,000 |
| 4 Bed 3.5 Bath | 08/12/2025 | 10/08/2025 | $3,150,000 | $3,160,000 |
| 4 Bed 3.5 Bath | 02/03/2025 | 12/26/2025 | $5,388,000 | $5,188,000 |
| Average Price: | $2,635,500 | |||
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