Hawaii Living

5881 Kalanianaole Hwy (Paiko Lagoon)

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5881 Kalanianaole Hwy, Honolulu
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Description
Opportunity knocks for this rarely available Paiko Lagoon neighborhood gem! Classically designed home is a blend of old Hawaii charm and tasteful modern updates throughout. Original refinished mahogany floors, built in desks, and wood framed patio doors bring in elements of years past. Fully appointed kitchen with quartz counters, breakfast bar, and white glass appliances bring in the conveniences of modern times. Barn doors in spacious main bd. leads to an oversized walk-in double shower and dual vanity sinks. 8.5 ft ceilings combined with Koa wood ceiling fans allow for natural breeze to flow through the home. Lava rock walls and custom gate keeps noise down and makes the home feel like your private oasis. Enjoy on the spacious backyard lanai surrounded by Hayden mango trees and areca palms. Deeded access from the back gate allows an escape to Paiko Dr. and the beach access a minute away! Owner recently spent $75,000 in improvements with brand-new kitchen, appliances, CMU carport wall, custom privacy gate, Pella windows, electrical upgrades and whole house copper plumbing upgrade. Some photos have been enhanced. Seller is offering $25k credit for the Buyer's closing cost.
Past Activity
  • Sep 30, 2024 Sold for $1,388,000
  • Aug 18, 2024 Under Contract
  • Aug 09, 2024 Price $1,399,950
  • Jul 11, 2024 Price $1,449,950
  • Jun 27, 2024 Price $1,474,950
  • Jun 14, 2024 Price $1,499,950
  • May 25, 2024 Back to Active
  • May 17, 2024 Under Contract
  • May 09, 2024 Listed at $1,550,000
  • Oct 21, 2020 Sold for $970,000
  • Aug 28, 2020 Under Contract
  • Aug 19, 2020 Price $999,500
  • Aug 13, 2020 Listed at $915,000
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $933
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Zoning: 03 - R10 - Residential District
  • Flood Zone: Zone AE
  • Property Condition: Above Average
  • Security Features: Key
  • Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor, Patio/Deck, Storage, Wall/Fence
  • TMK: 1-3-8-1-19-0
  • Tax Assessed Land: $950,900
  • Tax Assessed Improvements: $115,300
  • Tax Assessed Total: $1,066,200
  • Courtesy: Redfin Corporation / (808) 201-2821
  • MLS: 202410705
Good to Know
See our video of Paiko Lagoon homes.

The Homes & Neighborhood
A hidden gem, Paiko Lagoon is a charming luxury residential coastal community of about 120 homes in Honolulu located on the oceanside of Kalanianaole Hwy bordered by Hawaii Kai to the east and Niu Beach to the west. Paiko Lagoon homes for sale are valued between $1M to $5M and lots typically range between 5,000 to 25,000 sq ft.

At the heart of Paiko Lagoon is a calm peaceful State Wildlife Sanctuary, which offers surrounding homeowners serenity, privacy and gorgeous views. Freshwater springs feed the ancient mystica  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 31, 2024.Information is deemed reliable but not guaranteed.
Other Paiko Lagoon Homes
Other Hawaii Homes
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856 HOOLAULEA ST
4 Bds | 3 Ba
2,624 ft²
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75-3730 LEIALII LP
4 Bds | 2.5 Ba
2,192 ft²
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4601 HAUAALA RD
5 Bds | 4 Ba
2,296 ft²
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583 Laie Dr
4 Bds | 2 Ba
1,404 ft²
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75-3714 LEIALII LP
4 Bds | 2.5 Ba
2,192 ft²
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272 LAMA ST
6 Bds | 4 Ba
4,543 ft²
  • Sold 9/30/24 at $1,388,000
    (List Price: $1,399,950)
Description
Opportunity knocks for this rarely available Paiko Lagoon neighborhood gem! Classically designed home is a blend of old Hawaii charm and tasteful modern updates throughout. Original refinished mahogany floors, built in desks, and wood framed patio doors bring in elements of years past. Fully appointed kitchen with quartz counters, breakfast bar, and white glass appliances bring in the conveniences of modern times. Barn doors in spacious main bd. leads to an oversized walk-in double shower and dual vanity sinks. 8.5 ft ceilings combined with Koa wood ceiling fans allow for natural breeze to flow through the home. Lava rock walls and custom gate keeps noise down and makes the home feel like your private oasis. Enjoy on the spacious backyard lanai surrounded by Hayden mango trees and areca palms. Deeded access from the back gate allows an escape to Paiko Dr. and the beach access a minute away! Owner recently spent $75,000 in improvements with brand-new kitchen, appliances, CMU carport wall, custom privacy gate, Pella windows, electrical upgrades and whole house copper plumbing upgrade. Some photos have been enhanced. Seller is offering $25k credit for the Buyer's closing cost.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on October 31, 2024.Information is deemed reliable but not guaranteed.
    • Sep 30, 2024 Sold for $1,388,000
    • Aug 18, 2024 Under Contract
    • Aug 09, 2024 Price $1,399,950
    • Jul 11, 2024 Price $1,449,950
    • Jun 27, 2024 Price $1,474,950
    • Jun 14, 2024 Price $1,499,950
    • May 25, 2024 Back to Active
    • May 17, 2024 Under Contract
    • May 09, 2024 Listed at $1,550,000
    • Oct 21, 2020 Sold for $970,000
    • Aug 28, 2020 Under Contract
    • Aug 19, 2020 Price $999,500
    • Aug 13, 2020 Listed at $915,000
    See our video of Paiko Lagoon homes.

    The Homes & Neighborhood
    A hidden gem, Paiko Lagoon is a charming luxury residential coastal community of about 120 homes in Honolulu located on the oceanside of Kalanianaole Hwy bordered by Hawaii Kai to the east and Niu Beach to the west. Paiko Lagoon homes for sale are valued between $1M to $5M and lots typically range between 5,000 to 25,000 sq ft.

    At the heart of Paiko Lagoon is a calm peaceful State Wildlife Sanctuary, which offers surrounding homeowners serenity, privacy and gorgeous views. Freshwater springs feed the ancient mystica  .....
    Read more.
    Other Paiko Lagoon Homes
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.