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$2,900,000
202613635 MLS FS - Fee Simple Tenure
RARE OPPORTUNITY! Discover the endless possibilities with this over 12-acre level agricultural-zoned property featuring two well-built single-family homes, perfect for multi-generational living, rental income, farming, or creating your own private estate. The first residence offers 4 bdrms/2 baths with 1,875 sq. ft. of interior living space and a spacious open-concept kitchen—ready for your personal touches. The second home features 3 bdrms/3 baths with 2,164 sq. ft. of tastefully renovated int. living space. Enjoy its bright open floor plan, luxury vinyl plank flooring, and high vaulted ceilings that create an inviting and modern living experience. With AG zoning, you gain added flexibility—grow crops, raise livestock, expand agricultural operations, or explore other permitted uses that offer potential income generation. The expansive acreage provides privacy, open space, and the opportunity to design the lifestyle you’ve always dreamed of. Don’t miss this unique chance to own a truly exceptional property with room to live, grow, and thrive!

87-1087 Apuupuu Road, Waianae

Listing courtesy of REMAX Hawaii.

$899,000
202612626 MLS FS - Fee Simple Tenure
New Price + Open House, SUN, July 26, 2-5pm. Home is priced $36,000 below appraised value! Rare and incredible opportunity in Waianae! This massive 2-story residence offers a staggering 10 bedrooms and 4 bathrooms, providing endless possibilities for multi-generational living, foster care housing, or a high-yield investment property. This property presents a large opportunity to live in one of the units while renting out the rest to maximize your income. Built in 1976, this expansive home features a versatile floor plan designed for maximum utility. The main levels offer spacious living areas, while the downstairs provides valuable additional square footage for storage, a workshop, or hobby space. Parking is never an issue with a dedicated carport and a long driveway capable of accommodating multiple vehicles. Situated on a generous lot, this property is a blank canvas ready for your personal touch and upgrades. Whether you are looking to house a large extended family or seeking a property with significant rental income potential, this 10-bedroom footprint is a rare find on Oahu. Enjoy the proximity to stunning West Side beaches, local hiking, and the vibrant Waianae community.

87-609 Manuu Street, Waianae

Listing courtesy of Team Lally.

$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..

$1,999,000
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.

$798,000
5 Beds 2 Baths 202609507 MLS FS - Fee Simple Tenure
Welcome to this beautifully renovated multi-dwelling property featuring a 3-bedroom, 1-bath main home plus a 2-bedroom, 1-bath ADU—perfect for owner-occupants or savvy investors. Each unit has separate electric and water meters, offering flexibility and convenience. Ideal for living in one unit while renting the other for additional income, this property has been thoughtfully updated throughout. Recent improvements include a brand-new kitchen, new appliances, new flooring, fresh interior and exterior paint, new bathroom showers, and a brand-new roof. Enjoy ample parking with plenty of space for multiple vehicles. Located in Nanakuli, this versatile property is a great opportunity for first-time homebuyers, extended family living, or investors seeking strong rental potential. Don’t miss this move-in-ready, income-producing gem!

87-1777 Mohihi Street, Waianae

Listing courtesy of New Homes Realty LLC.

$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.

$685,000
3 Beds 3 Baths 202607160 MLS FS - Fee Simple Tenure
Experience the charm of island living in Maili Sea-Makalae, better known as Sea Country! This 3-bedroom, 2.5-bath home features a functional layout with all bedrooms upstairs and an open-concept living area downstairs, central AC, ceiling fans throughout and 2 car garage, perfect for everyday family life. Upstairs, you’ll find all bedrooms including a primary suite with dual sinks. Downstairs, the kitchen area features vinyl plank flooring, the living room features laminate flooring, and a convenient half bath, a layout designed for both relaxing and entertaining. Enjoy one of the best features of this home, no rear neighbors! Step outside to your rear lanai and spacious yard, perfect for enjoying peaceful mornings or sunset evenings. Enjoy a well-maintained community with a pool, park, and nearby store, all for just an $80/month community association fee, keeping the neighborhood enjoyable without high costs. Close to beaches and hiking trail. Although home may need some TLC, it's a perfect starter home at a great price point or investment property. TENANT OCCUPIED. Please do not disturb tenants on property. **Sold “AS IS”**

87-1719 Mokila Street, Waianae

Listing courtesy of Royal Realty LLC.

$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.

$219,000
3 Beds 1 Baths 202606060 MLS LH - Leasehold Tenure Ulu Wehi BLDG.
Welcome home to an affordable 3-bedroom/1 bath duplex that’s perfect for first-time buyers. Enjoy easy single-level living, a spacious 3,193 sq. ft. lot, a 2-car carport, and a fully fenced backyard—ideal for pets, play, or hosting friends. The lease rent is just $70.16/month, with a scheduled increase to $91.25/month from July 1, 2027 through June 30, 2031. For added long-term value, the lease may be extended to 2055 (See Supplements for Extended Lease Terms and Special Assessment $127.00/month to November 2026). Eligible for multiple financing options, including FHA Spot loans and Conventional loans. Tenant is on a Month-to-Month Lease, 2 days notice is required for all showings.

85-209 Ala Akau Street Unit G, Waianae

Listing courtesy of West Beach Realty, Inc..

$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.

$3,500,000
202518209 MLS FS - Fee Simple Tenure
Rare Makaha oceanfront estate on approximately 0.48 acres of R-10 zoned land, offering unparalleled privacy and direct access to a reef-protected shoreline with seasonal sandy beach, world-class surfing, snorkeling, and wildlife viewing (whales, dolphins, turtles). This CPR property includes a modern 2009 owner's suite with a garage and two 2-bedroom, 1-bath charming 1964 bungalows—perfect for multigenerational living or generating long-term rental income. The property features owned solar hot water and photovoltaic solar panels with battery storage backup for enhanced energy efficiency, along with stunning ocean and mountain views set against lush, manicured lawns. CPR zoning offers flexible ownership options, allowing for reconfiguration to maximize value and lifestyle potential. Priced to sell quickly in this buyer's market—don't miss this slice of Hawaiian paradise!

84-485 FARRINGTON Highway, 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.

$1,780,000
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.

$1,188,000
202324269 MLS FS - Fee Simple Tenure
Sustainable homestead, multigenerational living…so many possibilities! Privacy down a long driveway to 2 homes on fully fenced 3.41 acres of fertile farmland. The homes are in rough condition with deferred maintenance. Besides the 2 homes, there is a large greenhouse frame, large concrete block vegetable processing building with water plumbed to it, and 2 carports. Prominently featured on the land is the producing mango orchard of around 30 trees. Also, several miscellaneous fruit trees like citrus, pomegranate, guava, noni, starfruit and avocado. Fruit trees are serviced by in-ground water pipe system. Property has Ag water meter for lower water cost for agricultural use. Irrigation piping map, soil analysis and list of mango types are in supplements. Local food production is so needed and encouraged in these times. It can all be done here! Give this currently neglected homestead the love it deserves and transform it into a food forest...you'll have a great start. So much potential here! One home is vacant, the other is occupied by tenants on month to month lease. Do not drive down driveway without an appointment.

85-775A Waianae Valley Road, Waianae

Listing courtesy of Equity Hawaii Real Estate, 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.