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$1,699,000
5 Beds ⋅ 3 Baths ⋅ 202614248 MLS ⋅ FS - Fee Simple Tenure
Retreat Agricultural Oasis on this massive 2.44-acre estate! This 5-bedroom, 2.5-bath valley home with ocean & mountain views can be yours. Rare opportunity for business or living, this property offers nearly 3,000 sq. ft. of living space, surrounded by a quintessential covered lanai reminiscent of Old Hawaii plantation living. Behind the electric gate of the fully fenced custom stone wall a palm-lined, expansive driveway leads to the home. Sustainable agricultural dream, with multiple fruiting trees, aquaponics area, & zoning for income-producing opportunity. Two living & dining areas flow into flexible rooms that can serve as a private office or guest rooms. The spacious upstairs primary suite boasts vaulted ceilings & a picture window framing the lush property, a large en-suite bath, second living room & an office. Additional bedrooms downstairs are well-suited for family, guests, or creative uses. Just minutes from the beach, surf breaks, hiking trails, Tamura’s Market, and a short drive to KoOlina and Kapolei, this rare property combines privacy, convenience, and the charm of country agricultural living. Come experience paradise behind the gates of 87-251 Paakea Road today!

87-251 Paakea Road, Waianae

Listing courtesy of eXp Realty.

$1,500,000
202613418 MLS ⋅ FS - Fee Simple Tenure
Rare Investment Opportunity - 5 houses on R-5 Zoned Lot. Dont miss your chance to own a multi-family property. Ideal for investors or multi-generational living! Tenant pays own electric. unit is subject to Probate with permission to sell. Annual income and expenses provided are estimates. Units are be sold As-Is, Where-Is. Buyer to do their own Due Diligence regarding the property. Owner will not pay for Termite treatment.

87-134 Kahau Street, Waianae

Listing courtesy of Inga's Realty, Inc..

$1,689,000
3 Beds ⋅ 2 Baths ⋅ 202611459 MLS ⋅ FS - Fee Simple Tenure
Step through the private gates and discover a place where time seems to slow down. Nestled on just over an acre of landscaped grounds, this charming country property has been lovingly cared for by the same owners for decades and is currently operating as a working flower farm. The character-filled main home is 3 bedrooms and 1 bath, featuring original wood flooring through much of the home, a spacious kitchen and a split A/C in the living room. An additional detached bath and flexible-use space provide extra functionality for guests, hobbies, farm or fun activities. Outside, the grounds are simply magical. Mature fruit-bearing trees, lush gardens, a custom-built gazebo and brick BBQ area create inviting spaces to gather, relax and enjoy the cool mountain breezes and peaceful surroundings. Stunning mountain views frame this private retreat, while the acreage offers opportunities to garden, farm, entertain, or simply enjoy country living. This special property offers a rare combination of privacy, beauty, and functionality. From the moment you arrive, you'll feel embraced by the warmth, tranquility, and abundance that make this property truly unforgettable.

84-980 Kaulawaha Road, Waianae

Listing courtesy of LUVA Real Estate.

$1,700,000
5 Beds ⋅ 4 Baths ⋅ 202611931 MLS ⋅ FS - Fee Simple Tenure
A rare find for farmers, agricultural business owners, or those seeking land and self-sufficiency. This CMU-built duplex sits on 2 irrigated 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.

$1,690,000
15 Beds ⋅ 6 Baths ⋅ 202612022 MLS ⋅ FS - Fee Simple Tenure
Great investment property. Four houses on over 1/2 acre lot. Five rental units. Convenient location. Next to public park and elementary school. Walking distance to shops, restaurants etc. Live on one unit and rent the other 4 units. Rental income should pay your mortgage. Potential for development. Recently remodeled. New electrical wiring on the main front house.

85-824 Lihue Street, Waianae

Listing courtesy of Fogarty Realty, Inc..

$1,950,000
202611506 MLS ⋅ FS - Fee Simple Tenure
Exceptional investment opportunity to acquire a six-unit residential portfolio consisting of six individual CPR units under separate TMKs (TMK 1-8-7-001-016: Units #2 through #7). This rare package offers investors the ability to purchase multiple income-producing units together under one ownership. The portfolio includes a mix of occupied and vacant units plus a vacant lot with 5000 sq ft lot, providing immediate rental income with additional upside potential through leasing and future value enhancement. Each unit has its own designated TMK and may offer flexibility for future investment strategies. Individual units are also available for sale under separate MLS listings. Portfolio includes: * Unit #2 – TMK 1-8-7-001-016-0002 MLS#202604530 * Unit #3 – TMK 1-8-7-001-016-0003 MLS#202604539 * Unit #4 – TMK 1-8-7-001-016-0004 MLS#202604705 * Unit #5 – TMK 1-8-7-001-016-0005 MLS#202604713 * Unit #6 – TMK 1-8-7-001-016-0006 MLS#202604725 * Unit #7 – TMK 1-8-7-001-016-0007 MLS#202604727 (vacant lot) A unique opportunity for investors seeking to expand their Hawaii real estate portfolio with a multi-unit residential investment.

87-154 Kakalena Street Unit CPR 2-7, Waianae

Listing courtesy of Team Real Estate, Inc..

$1,550,000
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.

$1,999,000
15 Beds ⋅ 8 Baths ⋅ 202610829 MLS ⋅ FS - Fee Simple Tenure
Great investment opportunity to own a beautiful 1-acre, fully permitted multi-unit, income-producing property located in the peaceful Makaha Valley! Property has 3 legal structures that were fully remodeled in 2024 & 2026: 1) 4 bed/ 2.5 bath main house with window A/C in the bedrooms 2) two-story concrete building - 5 bed/ 2 bath upstairs unit & 5 bed/ 2 bath downstairs unit 3) one-bedroom cottage with a detached single bedroom. This property currently generates $9,900 per month in rental income from three occupied units, with one additional vacant unit projected at $3,600 per month based on current market rent. Upon full occupancy, the projected gross rental income is $13,500 per month, or $162,000 annually. Because all units are legally permitted, the property should be evaluated not only by comparable residential sales, but also by its income-producing capability using an income approach. Lots of parking. Large deck to relax and entertain in the spacious backyard with mango trees and other fruit trees. Property is on cesspool. Near beaches, gas stations, bus lines. Tax records may not match, some unpermitted areas but original structures legal. Property to be sold AS IS.

84-290 Makaha Valley Road, Waianae

Listing courtesy of SC Realty, LLC.

$1,680,000
14 Beds ⋅ 6 Baths ⋅ 202609226 MLS ⋅ FS - Fee Simple Tenure
RARE redevelopment opportunity in Waianae. Large R-5 zoned parcel of approximately 40,266 sqft. List price is for 85-720 Farrington Hwy only; adjoining parcel 85-718 Farrington Hwy is listed separately under MLS #202609228 and is intended to be sold together with this property. Existing improvements are in major repair condition, and the property is being sold strictly As Is. Sewer capacity was previously approved for 8 units for the combined parcels, and seller has explored a possible multi-home development concept. Buyer to conduct own due diligence regarding zoning, sewer, permitting, development potential, and all property conditions. Please do not enter or walk onto the property without permission. **Showings are contingent upon an accepted offer.

85-720 Farrington Highway, Waianae

Listing courtesy of Central Pacific Properties Inc.

$1,575,000
202605176 MLS ⋅ FS - Fee Simple Tenure
Brand new multi-family opportunity in the heart of Waianae! This property features two separate 3-bedroom, 2-bath units, each offering approximately 1,200 sq ft of interior living space plus a 400 sq ft two-car garage. Thoughtfully designed with modern construction and connected to City water and sewer. Each unit provides spacious living areas, functional layouts, and the convenience of individual garages. The garage spaces offer potential flexibility and may be converted into additional living area or ADU-style space (buyers to perform their own due diligence). Located just minutes from some of the most iconic beaches on the Waianae Coast, enjoy easy access to ocean activities, beautiful sunsets, and the relaxed west side lifestyle. Dining and entertainment are nearby at 604 restaurant + Provisions at Pokai Bay. According to current housing payment standards, 3-bedroom Section 8 vouchers in the area are approximately $3,300 per month (buyers to verify with the housing authority), making this an attractive property for investors seeking strong rental potential. CPR maps and architectural drawings are available. Estimated construction completion is end of June.

85-1020 Mill Street Unit A & B, Waianae

Listing courtesy of NextHome All Islands.

$1,675,000
4 Beds ⋅ 3 Baths ⋅ 202607926 MLS ⋅ FS - Fee Simple Tenure
Where value, performance, and lifestyle align designed to capture immediate investor interest and competitive activity. Located within one of Oahu’s rare and few legally compliant, resort-zoned AirBnb short-term rental with no minimum night restrictions in a 24/7 guard-gated secured community, this high-performing, turnkey ready home offers a rare opportunity to acquire a cash-flowing hospitality property.  Fully furnished and professionally executed, it is optimized for revenue with a desirable downstairs primary suite, and a dedicated game/entertainment space that enhances guest experience and drives repeat demand. Set on a premium corner lot adjacent to the recreation amenities, pool, event room, and fitness center, the home stands out as one of the only 4-bedroom properties currently available offering a large open yard with soaring mountain views, a scarce feature that elevates appeal and long-term value. This is a plug-and-play, income-producing STR supported by strong historical revenue and consistent income potential. Location near world-famous Makaha Beach. This property stands apart as a rare high yield-generating investment with built-in advantage and long-term upside.

84-890 Maiola Street Unit 73, Waianae

Listing courtesy of Coldwell Banker Realty.

$1,845,000
4 Beds ⋅ 3 Baths ⋅ 202606664 MLS ⋅ FS - Fee Simple Tenure
Turnkey legal STR 4 bed, 2.5 bath Airbnb at the gated Cottages at Mauna Olu Resort. Fully furnished and ready to operate with existing bookings, this is an ideal pick for the savvy investor. Thoughtfully upgraded with vinyl plank flooring, designer kitchen and bathroom tile, and high-end fixtures, the interior blends island comfort with contemporary finishes. Outdoor living featuring covered gazebo, lush tropical landscaping, built-in BBQ, hot tub, outdoor shower, and a custom waterfall feature that enhances a serene tropical ambiance with an ocean backdrop. Spacious bedrooms, tasteful designer touches, and a proven turnkey rental setup deliver immediate income potential. Adjacent to the Rec Center with community pool, gym, and spa — and just minutes from the beach — this rare, fully finished property is move-in ready for its next owner.

84-858 Maiola Street, Waianae

Listing courtesy of Coldwell Banker Realty.

$1,765,000
202606722 MLS ⋅ FS - Fee Simple Tenure
ATTENTION INVESTORS – STRONG CASH FLOW OPPORTUNITY! Multi-unit income-producing property in Waianae generating $11,271/month in rental income with a current 6.9% CAP rate and potential to increase to 8%. The 4-bedroom unit is currently rented at $2,500/month, while 2026 City & County Section 8 guidelines show potential rents up to $3,997/month. Monthly expenses remain low with property taxes at approximately $304/month and combined water/electric averaging about $1,100/month. Property features multiple units with new roofs on the front two structures and is currently in the process of obtaining permits for separate water and electrical meters, adding future flexibility and value. Property is also CPR-able, creating additional upside and multiple exit strategies. Conveniently located near beaches, shopping, schools, parks, and dining, including Pokai Bay and Tamura’s Market, making it attractive for long-term tenants and owner-occupants alike. VA financing may be possible. Strong income. Value-add potential. Multiple exit strategies. Don’t miss this opportunity!

84-956 Hanalei Street, Waianae

Listing courtesy of NextHome All Islands.

$1,725,000
202605388 MLS ⋅ FS - Fee Simple Tenure
This exceptional oceanfront lot offers panoramic coastal views and direct access to a pristine sandy beach. The property includes permits for a seamless start to your dream beachfront home. Renderings feature an approx. 4,247 sq ft, two-story residence with 5 beds, 6 baths, and a 2-car garage, and a swimming pool, all designed for effortless island living. The award-winning architectural design plans also include an optional ADU that can be added as a permit request. A temporary gate is in place, and a custom iron gate is included with the sale. The property also features a permitted retaining wall. A truly beautiful slice of paradise-one that captures the essence of Hawai?i and makes you never want to leave.

84-939 Farrington Highway, Waianae

Listing courtesy of LUVA Real Estate.

$1,899,999
202601841 MLS ⋅ FS - Fee Simple Tenure ⋅ N/A BLDG.
Fantastic opportunity to own a large 6,954 sq ft building with limitless possibilities. This unique property offers a multitude of prospects for various business / non-profit setups like banks, churches, entertainment centers, daycare centers, fitness centers, distribution centers, food prep kitchens, art studios, and many more! Conveniently situated in the heart of Waianae along Farrington Highway and just a stone's throw away from Pokai Beach Bay, Waianae Boat Harbor, and several local shops & dining, this property boasts a loading dock, ample parking, new roof coating & various exterior renovations recently done. Water connection & electricity set-up is readily available.

86-015 Farrington Highway, Waianae

Listing courtesy of SC Realty, LLC.

$1,800,000
202528164 MLS ⋅ FS - Fee Simple Tenure
Presenting an appealing opportunity for investors: 3.175 acres of prime land available for sale at 85-29 Lualualei Homestead Road in Waianae, HI, adjacent to the renowned Pokai Bay Beach. This expansive lot is ideally suited for an investor looking to develop a residential project in one of Hawaii’s desirable coastal locations on the ocean side of Farrington Highway. Imagine the potential of creating a housing development that enhances the local community. The property’s generous size allows for diverse development options, taking advantage of its proximity to Pokai Bay Beach Park and offering residents easy access to activities such as surfing, kayaking and fishing.

85-29 Lualualei Homestead Road, Waianae

Listing courtesy of Coldwell Banker Realty.

$1,725,000
4 Beds ⋅ 4 Baths ⋅ 202521821 MLS ⋅ FS - Fee Simple Tenure ⋅ Cottages At Maunaolu BLDG.
LEGAL Short Term Rental, Your Hawaii Retreat! Located in gated Mauna’olu Estates, this highly sought-after Plan 7 offers a rare ADU with private entrance & full kitchen, laundry & bath. Fully Furnished & Functional by Sleeping 12 in the main house alone & 2 more in ADU for 14 total! Split A/C's, luxury vinyl plank flooring, & well-appointed kitchens perfect for dining & entertaining. Solar PV & Tesla Batteries are savvy so regardless of using the Split AC’s throughout, your bill stays incredibly low! Large Back Corner Lot is Rare and feels Massive with just under 14,000 sq ft. The Cottages in Mauna'olu in Makaha Valley is near golf club, beautiful beaches & hiking trails. Lifestyle in Paradise plus Income Producing Property in Resort Zoned Community is Rare at this Price for a Single Family Home! Amenities include Pool & Jacuzzi , Gym & top-notch Recreation Facility & BBQ area! Whether for investment or your own island escape, 84-883 Maiola Street #118 is ready to welcome you home in Hawaii! First Open Home this Sunday 2pm to 5pm.

84-883 Maiola Street Unit 118, Waianae

Listing courtesy of eXp Realty.

$1,500,000
202512790 MLS ⋅ FS - Fee Simple Tenure
***Price Reduction*** Rare Investment Opportunity – 4 Homes on R-5 Zoned Lot! Don't miss your chance to own this exceptional multi-family property featuring four detached single-family homes on one lot. Ideal for investors or multi-generational living! This property consists of 2 - 3 bedroom homes and 2 - 2 bedroom homes each with their own private fenced yards and dedicated parking. Tenants pay all utilities (water, sewer, gas and electric). This well-maintained property offers both stability and upside. Unit #A which is a 3 - bedroom home and unit #B which is a 2 - bedroom home have both been newly renovated in 2025. Perfect for savvy investors seeking strong cash flow, multi-family compound buyers who want privacy and flexibility or 1031 exchange buyers looking for stable, appreciating assets.

84-916 Hanalei Street, Waianae

Listing courtesy of Asian Pacific Investments LLC.

$1,775,000
3 Beds ⋅ 3 Baths ⋅ 202516797 MLS ⋅ FS - Fee Simple Tenure ⋅ Cottages At Maunaolu BLDG.
Seller Credit of $30,000! Rare Oceanview Perimeter Lot in Gated Cottages at Mauna'olu Legal Short Term Rental 3-bed, 2.5 bath single-family home blends luxury with island charm! Located in serene Makaha Valley, this Craftsman-style “Kona” Plan 2 offers a Full Bedroom & En-Suite on the Ground Floor & an additional half bath, high vaulted ceilings, an open island kitchen, split A/C and luxury vinyl plank flooring throughout. Enjoy indoor-outdoor entertaining featuring a custom-built pergola deck adorned with string lights. Enjoy Ocean & Sunset Views from this stunning backyard deck surrounded by lush tropical landscaping! The spacious garage has a functional laundry area and tons of Beach Supplies for Fun in the Sun! Resort-Zoned Property makes for an ideal vacation home or as a primary residence with all of the community amenities, which include a Pool, Jacuzzi, Gym, and Recreation Room. Just minutes from world-class Makaha Beach, Surf Spots & Hiking Trails. Drive to Enjoy Ko’olina, Aulani Disney Hotel, Four Seasons, and the bustling city of Kapolei. This is the One You’ve Been Waiting For, and Your Guests will love what is in store for them at Your New Airbnb or Your Home to be!

84-845 Maiola Street Unit 103, Waianae

Listing courtesy of eXp Realty.

$1,750,000
4 Beds ⋅ 3 Baths ⋅ 202516787 MLS ⋅ FS - Fee Simple Tenure
Experience the ultimate island lifestyle with this rare beachfront property featuring two dwellings, main house 3 bedroom/1 bathroom, and separate 1 bedroom/1 bathroom cottage. Enjoy direct access to the sandy beach through a private backyard gate. The main home offers open-concept living with ocean breezes and tropical views, while the detached cottage provides a perfect guest retreat or rental opportunity. Ideal for multi-generational living, vacation use, or a peaceful escape by the sea.

84-891 Moua Street, Waianae

Listing courtesy of Central Pacific Properties Inc.

$1,780,000
202515653 MLS ⋅ FS - Fee Simple Tenure
Huge price improvement! Land + (8) Approved house plans with permit fees already PAID ready to build! This is a turn-key project! No need to wait 3 to 5 years for permitting. Eight (8) single-family dwellings already approved and permitted on this 50,001 sf fee simple property. The lot has been demo'd & cleared and ready for you to build (8) beautiful homes. Architectural plans and permitting information are available to share with qualified buyers. The eight approved DPP house permits are: #907345, #907351, #907354, #907356, #907671, #907673, #907678, and #907682. Each home is designed with 4bd/2ba, kitchen, dining, living room and a 2-car carport. The average living area per home is about 1,600 sf. All building permit fees paid for including sewer connection, water/fixture unit facilities, park dedication, building demolition, grading, house building plans. Located about 1,000 feet from the beach, yet outside of the flood zone, this property offers an exceptional combination of location and development readiness. An incredible deal, under $225k per house lot.

87-179 Hakimo Road, Waianae

Listing courtesy of Loyal Realty, LLC.

$1,780,000
202515652 MLS ⋅ FS - Fee Simple Tenure
Huge price improvement! Land + (8) Approved house plans with permit fees already PAID and ready to build! This is a turn-key project! No need to wait 3 to 5 years for permitting. Eight (8) single-family dwellings already approved and permitted on this 50,001 sf fee simple property. The lot has been demo'd & cleared and ready for you to build (8) beautiful homes. Architectural plans and permitting information are available to share with qualified buyers. The eight approved DPP house permits are: #907345, #907351, #907354, #907356, #907671, #907673, #907678, and #907682. Each home is designed with 4bd/2ba, kitchen, dining, living room and a 2-car carport. The average living area per home is about 1,600 sf. All building permit fees paid for including sewer connection, water/fixture unit facilities, park dedication, building demolition, grading, house building plans. Located about 1,000 feet from the beach, yet outside of the flood zone, this property offers an exceptional combination of location and development readiness. An incredible deal, under $225k per house lot.

87-179 Hakimo Road, Waianae

Listing courtesy of Loyal Realty, 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.