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$900,000
8 Beds ⋅ 6 Baths ⋅ 202613498 MLS ⋅ FS - Fee Simple Tenure
Unlock the potential of this spacious fee simple Waianae home! Offering approximately 2,888 sq. ft. with 8 bedrooms, 4 full baths, and 2 half baths, this property is ideal for multigenerational living, extended-family households, or buyers seeking a value-add investment. The flexible floor plan features multiple entrances and spacious living areas, providing versatility for a variety of living arrangements and income-producing possibilities. Bring your contractor and design ideas to renovate, modernize, and build equity while creating a home tailored to your vision. Conveniently located near Pokai Bay, Waianae Small Boat Harbor, shopping, schools, parks, restaurants, and beautiful West O'ahu beaches. World-class beaches, hiking, fishing, surfing, and Ko Olina’s resort amenities are all just a short drive away. Rarely available with this much living space and flexibility—don’t miss the opportunity to renovate, add value, and make this property your own.

87-209 Mikana Street, Waianae

Listing courtesy of Coldwell Banker Island Prop.

$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..

$1,999,000
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.

$1,100,000
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.

$1,680,000
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.

$3,330,000
6 Beds ⋅ 6 Baths ⋅ 202608303 MLS ⋅ FS - Fee Simple Tenure
| Seller Financing Available | Offering over 5,000 square feet of interior living space on more than an acre of land, this expansive estate delivers space, privacy, and potential rarely found on Oahu. Enjoy the best of both worlds with sweeping ocean and mountain views, all from the comfort of your own private compound. Surrounded by lush landscaping and enclosed by a full rock wall, the property offers a true sense of retreat and seclusion. Designed for both everyday living and entertaining, the home features multiple living areas, a chef’s kitchen equipped with high-end commercial-grade appliances, and a separate guest quarters with its own entrance. The grounds include a private tennis court and expansive open space, offering endless possibilities to create your ideal outdoor setting.

84-940 Moaelehua Street, Waianae

Listing courtesy of Compass.

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.