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$1,400,000
10 Beds 4 Baths 202614927 MLS FS - Fee Simple Tenure
Rare investment opportunity featuring four detached single-family homes on an R-5 zoned lot. Ideal for investors, 1031 exchange buyers, or multi-generational living, this versatile property combines steady cash flow, privacy, and long-term value creation. The property includes two 3-bedroom and two 2-bedroom residences. Each home boasts its own private fenced yard and dedicated parking, providing tenants with single-family independence. Operating expenses remain exceptionally low as tenants pay all utilities—including water, sewer, gas, and electricity. Turnkey performance meets huge upside. Units A (3-bed) and B (2-bed) were renovated in 2025, commanding top-of-market rents. Currently operating at a 5.06% cap rate on $74,640 in annual income, bringing below-market units to prevailing rates unlocks an extra $15,600 annually, pushing the potential cap rate to 6.12%. Don't miss this well-maintained, high-yield asset!

84-916 Hanalei Street, Waianae

Listing courtesy of Asian Pacific Investments LLC.

$1,400,000
202614924 MLS FS - Fee Simple Tenure
Rare investment opportunity featuring four detached single-family homes on an R-5 zoned lot. Ideal for investors, 1031 exchange buyers, or multi-generational living, this versatile property combines steady cash flow, privacy, and long-term value creation. The property includes two 3-bedroom and two 2-bedroom residences. Each home boasts its own private fenced yard and dedicated parking, providing tenants with single-family independence. Operating expenses remain exceptionally low as tenants pay all utilities—including water, sewer, gas, and electricity. Turnkey performance meets huge upside. Units A (3-bed) and B (2-bed) were renovated in 2025, commanding top-of-market rents. Currently operating at a 5.06% cap rate on $74,640 in annual income, bringing below-market units to prevailing rates unlocks an extra $15,600 annually, pushing the potential cap rate to 6.12%. Don't miss this well-maintained, high-yield asset!

84-916 Hanalei Street, Waianae

Listing courtesy of Asian Pacific Investments LLC.

$1,500,000
5 Beds 4 Baths 202611931 MLS FS - Fee Simple Tenure
OPEN HOUSE: 9/13 FROM 2-5PM. A rare find for farmers, agricultural business owners, or those seeking land and self-sufficiency. This CMU-built duplex sits on 2 acres and offers 5 bedrooms, 3.5 baths total — 3BD/2BA on one side, 2BD/1BA on the other. Great for multi-generational living, on-site staff housing, or rental income. The 20,000+ sqft greenhouse & AG water rates allow you to keep operating costs low while scaling your operation. Mature fruit trees include mango, banana, calamansi, jabong, and more! Noteworthy improvements include the ~7,500 sq ft concrete driveway, two large carports with ~15ft ceilings, 26 owned PV panels, an automatic front gate, perimeter fencing, industrial driveway lighting, and septic system. Whether you’re expanding an agricultural business or simply seeking room to grow, this property delivers the infrastructure, space, and durability to make it happen!

86-116 Puhawai Road Unit A, Waianae

Listing courtesy of BHGRE Refined.

$1,499,000
3 Beds 2 Baths 202611204 MLS FS - Fee Simple Tenure
Tropical oasis just moments from the Sunset Shoreline in Makaha's coveted Moua Beach Loop with Beach Access right Across, Ocean View from your Window & Aki's Beach. Expansive 10,379 sq. ft. lot, this beautifully renovated island home blends timeless Hawaiian charm with a modern top to bottom finishes. Luxurious Kitchen fully redone with new stainless steel appliances & custom built in hutch in the open concept dinning & living space! A private entry primary has garden to gaze & a En-Suite with Soaking Tub and Stand-In Shower! You'll appreciate the views from every window, surrounded by lush tropical landscaping & a deluxe custom built gazebo overlooking the garden, this home offers exceptional privacy & a tranquility! With nearly 2,000 sq. ft. of remodeled living interior space near World-renowned Makaha Beach, surfing, fishing, hiking trails & unforgettable sunset views, this property embodies the lifestyle people dream about when they imagine Hawai'i. It is a Legacy property to enjoy for generations as your tropical retreat offers the perfect blend of privacy, a luxurious renovation & island beach living!

84-808 Moua Street, Waianae

Listing courtesy of eXp Realty.

$1,100,000
9 Beds 7 Baths 202609159 MLS FS - Fee Simple Tenure
Discover a RARE and VERSATILE investment opportunity in Waianae! This UNIQUE multi-unit property features FOUR SEPARATE UNITS, offering incredible flexibility for investors or multi-generational living. Two units are currently VACANT, providing immediate potential for rental income or owner-occupancy, while the other two units have tenants in place for BUILT-IN CASH FLOW. Each unit offers functional living spaces with the opportunity to enhance and maximize value. Enjoy a LARGE LOT with room for outdoor living, entertaining, or future improvements. Conveniently located near BEAUTIFUL WEST SIDE BEACHES, shopping, dining, and schools, this property blends lifestyle and income potential. Whether you're looking to HOUSE HACK, expand your portfolio, or create the perfect OHANA compound, this is a SMART and SPACIOUS opportunity you don’t want to miss! Actual number of rooms and tax records do not match.

87-876 Ehu Street, Waianae

Listing courtesy of Coldwell Banker Realty.

$1,399,000
3 Beds 2 Baths 202608622 MLS FS - Fee Simple Tenure Cottages At Maunaolu BLDG.
Incredible Active Legal Short Term Rental in a Gated Resort Community just 4 minutes from Makaha Beach! The Cottages at Mauna‘Olu, tucked in Makaha Valley, has a Security Gate Entry to a Hawaiian Tropical Paradise! Newly built 3-bedroom, 2-bath single-level home is ideal as your Primary Residence, Vacation Retreat, or Income Producing STVR Investment. Enjoy this rare open-concept layout with high ceilings, modern floor plan and split A/Cs throughout. The spacious kitchen features stainless steel appliances, quartz countertops and a large island that opens to the dining & living area. Perfect for entertaining, the sliding door from the kitchen leads to your private, fully fenced backyard with the beautiful backdrop of the Pu‘u Kea‘au mountain range. Owners & guests enjoy access to resort-like amenities including a Pool, Jacuzzi, Gym & Recreation Entertaining Area with tons of space for memories to be created! Minutes to Makaha Beach, hiking, great local eateries and a pleasant ocean-lined drive to Ko Olina, Aulani Disney Hotel, Marriott, Four Seasons & the bustling city of Kapolei, your gateway to Hawaii luxury & lifestyle awaits!

84-816 Maiola Street Unit 40, Waianae

Listing courtesy of eXp Realty.

$1,456,800
3 Beds 2 Baths 202606337 MLS FS - Fee Simple Tenure Cottages At Maunaolu BLDG.
Experience the mana of Makaha Valley as you enter this majestic, LEGAL SHORT-TERM RENTAL in the gated community of Mauna’Olu Estates. A desirable single-level 3-bed, 2-bath luxury home featuring a spacious open layout with 9-foot ceilings, whole house A/C, 42" kitchen cabinets, upgraded LVP floors throughout & so much more. Situated on a generous 7,800+ sq ft lot, the property offers elevated outdoor living with tropical landscaping, rock wall accents, full lawn irrigation & an outdoor shower...perfect after a long day at the beach. Enjoy ocean, mountain, and valley views from your new home or take a short walk to the pool, hot tub, fitness center, and recreation area. Located only minutes away from several world-class West Oahu beaches & Makaha Country Club, with several premium dining options, golf, & shopping available in nearby Ko'Olina and Kapolei. Homes with this flexibility, allowing use as a primary residence, second home or vacation rental investment are limited on Oahu. Schedule your showing today & ask about the AirDNA report detailing the potential revenue of this lucrative STR opportunity!

84-814 Maiola Street Unit 39, Waianae

Listing courtesy of eXp Realty.

$1,450,000
202528274 MLS FS - Fee Simple Tenure
Rare opportunity to own almost 4 1/2 acre of prime land in Waianae, Hawaii, offering exceptional flexibility for a private island lifestyle. This expansive property features multiple potential building sites, each with separate access, ideal for creating a multi-dwelling estate, family compound, or income-producing retreat. The land is well-suited for equestrian use, with ample space for horses, stables, and riding or walking paths, while still preserving privacy and open views. Numerous mature trees provide natural shade, beauty, and a serene atmosphere throughout the property. Enjoy the freedom to design your dream lifestyle—whether agricultural, recreational, or residential—in a peaceful rural setting just minutes from beaches and Waianae town amenities.

87-879 Apuupuu Road, Waianae

Listing courtesy of Keller Williams Honolulu.

$1,450,000
5 Beds 2 Baths 202528275 MLS FS - Fee Simple Tenure
Rare opportunity to own almost 4 1/2 acre of prime land in Waianae, Hawaii, offering exceptional flexibility for a private island lifestyle. This expansive property features multiple potential building sites, each with separate access, ideal for creating a multi-dwelling estate, family compound, or income-producing retreat. The land is well-suited for equestrian use, with ample space for horses, stables, and riding or walking paths, while still preserving privacy and open views. Numerous mature trees provide natural shade, beauty, and a serene atmosphere throughout the property. Enjoy the freedom to design your dream lifestyle—whether agricultural, recreational, or residential—in a peaceful rural setting just minutes from beaches and Waianae town amenities.

87-879 Apuupuu Road, Waianae

Listing courtesy of Keller Williams Honolulu.

$1,450,000
202528273 MLS FS - Fee Simple Tenure
Rare opportunity to own nearly four and a half acres of prime land in Waianae, Hawaii, offering exceptional flexibility for a private island lifestyle with mountain views. This expansive property features multiple potential building sites, each with separate access, ideal for creating a multi-dwelling estate, family compound, or income-producing retreat. The land is well-suited for equestrian use, with ample space for horses, stables, and riding or walking paths, while still preserving privacy and open views. Numerous mature trees provide natural shade, beauty, and a serene atmosphere throughout the property. Enjoy the freedom to design your dream lifestyle—whether agricultural, recreational, or residential—in a peaceful rural setting just minutes from beaches and Waianae town amenities.

87-879 Apuupuu Road, Waianae

Listing courtesy of Keller Williams Honolulu.

$1,499,000
8 Beds 4 Baths 202528276 MLS FS - Fee Simple Tenure
Open house 9/6 cancelled due to the storm. Nestled on a 1-acre lot between the mountains and the ocean, this LIKE NEW property offers the best of island living—space, serenity, and stunning natural surroundings. The house has been EXTENSIVELY RENOVATED in 2025 with recessed lighting, double paned windows, vinyl plank flooring, carpet in bedrooms, new bathrooms and kitchens w/ stainless steel appliances and quartz counter tops! With 3 bedrooms and 2 baths downstairs and 4 bedrooms and 2 baths upstairs, this house offers endless possibilities - rent out one floor and live in the other, multi-generational living, or care home potential. The downstairs and upstairs have 2 separate outdoor entrances, no interior access between floors. Has the feel of a brand new house! Roof was just done in 2024 and has 39 OWNED PV panels on it for a low electric bill. 7 bedrooms total between the 2 floors, TMK records say 8 because the 8th bedroom upstairs was converted to a wet bar. Bedrooms are spacious and most have mountain views. The generous lot provides endless possibilities, whether you envision lush gardens, or room to expand. A short drive to Makaha beach. Some photos are enhanced.

84-1036 Noholio Road, Waianae

Listing courtesy of Coldwell Banker Realty.

$1,300,000
3 Beds 1 Baths 202506666 MLS FS - Fee Simple Tenure
OCEANFRONT! PERMITTED SEAWALL!!! This is a rare opportunity to purchase an oceanfront property on over 14,000 sq. ft. of land with an existing Quonset Hut home, permitted seawall, and infrastructure (public water/sewer/electric) in this coveted Moua Beach Loop neighborhood. Featuring expansive ocean frontage, protective reef, and mature fruit trees, this picturesque property is located just a few houses away from a sandy beach to the right, and Lahilahi. 'Turtle" Beach a short distance to the left. When you visit the property, you will feel the magic. Home to legendary surfers and actors, this neighborhood is framed by gorgeous beaches, beautiful mountains, and stunning sunsets, offering you relaxation or all kinds of activities - snorkeling, fishing, surfing, diving, hiking, paddling, etc. Bring your builder/contractor to see how you can turn this sweet ocean front property into the home of your dreams.

84-781 Moua Street, Waianae

Listing courtesy of Locations LLC.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.