Hawaii Living

1242 16th Ave (Wilhelmina Rise)

1 / 1
Photo 1 of 1242 16th Ave, Honolulu
1242 16th Ave, Honolulu
Selling or Buying in Wilhelmina Rise?
Call/Text George (808) 554-1635 or send a message using the form below.
George Krischke

George Krischke

Principal Broker
Realtor, RB-18610

Mobile: (808) 554-1635

Email: George@HawaiiLiving.com

Description
Do not miss this exceptional chance to own a unique property on an expansive 11,000+ sq ft level lot zoned R-5, offering three separate structures—perfect for investors or multi-generational living. Ideally situated in one of Honolulu’s most desirable neighborhoods, this property is just minutes from Kahala Mall, freeway access, the University of Hawaii, and downtown Honolulu. The property includes: Two 2-bedroom, 1-bathroom units, One 1-bedroom, 1-bathroom unit. Each unit is separately metered and currently tenant-occupied by long-term residents, offering immediate rental income. The property is fully enclosed and set back from the street, providing a private and peaceful setting. Ample parking accommodates both residents and guests with ease. This is a rare find with significant potential in a high-demand area. Whether you’re looking to invest, redevelop, or create a family compound, this property delivers endless possibilities. Schedule your showing today—opportunities like this don’t last long!
Past Activity
  • Oct 21, 2025 Sold for $1,820,000
  • Aug 25, 2025 Under Contract
  • Jun 16, 2025 Listed at $1,995,000
More Details
About Wilhelmina Rise
See our video of Wilhelmina Rise, another video of Maunalani Heights and finally our video of Nohona at Kahala

Wilhelmina Rise is a quiet established hillside community of about 500 modest older homes in Honolulu north of Kaimuki, bordered by Palolo to the west and Waialae Nui to the east. Extending beyond the Wilhelmina Rise neighborhood, taking up the top one-third of the ridge above Hilo Pl and Iwi Way, is the wonderful Maunalani Heights mountain top community consisting of about 350 homes. Most Wilhelmina Rise homes for sale are valued between $700K to $1.3M, often with lot   ..... Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
Other Wilhelmina Rise Homes
$1,800,000
1603-D Paula Dr
5 Bds | 2.5 Ba
2,552 ft²
$2,200,000
$1,675,000
3836 Pukalani Pl
Multi-Family

$1,430,000
1898 Iwi Way
3 Bds | 2 Ba
1,372 ft²
Other Honolulu Homes
Kalihi
$1,995,000
1768 Silva St
Multi-Family

Palolo
$1,995,000
3110 Waialae Ave
6 Bds | 4 Ba
3,750 ft²
Kapahulu
$1,990,000
735 Lukepane Ave
Multi-Family

Nuuanu
$2,000,000
1727 Nuuanu Ave
8 Bds | 3.5 Ba
2,912 ft²
Mariners Ridge
$1,990,000
930 Kaahue St
2 Bds | 2.5 Ba
2,408 ft²
Punchbowl
$2,000,000
2153 Booth Rd
11 Bds | 5 Ba
4,494 ft²
  • Sold 10/20/25 at $1,820,000
    (List Price: $1,995,000)
Description
Do not miss this exceptional chance to own a unique property on an expansive 11,000+ sq ft level lot zoned R-5, offering three separate structures—perfect for investors or multi-generational living. Ideally situated in one of Honolulu’s most desirable neighborhoods, this property is just minutes from Kahala Mall, freeway access, the University of Hawaii, and downtown Honolulu. The property includes: Two 2-bedroom, 1-bathroom units, One 1-bedroom, 1-bathroom unit. Each unit is separately metered and currently tenant-occupied by long-term residents, offering immediate rental income. The property is fully enclosed and set back from the street, providing a private and peaceful setting. Ample parking accommodates both residents and guests with ease. This is a rare find with significant potential in a high-demand area. Whether you’re looking to invest, redevelop, or create a family compound, this property delivers endless possibilities. Schedule your showing today—opportunities like this don’t last long!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
    • Oct 21, 2025 Sold for $1,820,000
    • Aug 25, 2025 Under Contract
    • Jun 16, 2025 Listed at $1,995,000
    See our video of Wilhelmina Rise, another video of Maunalani Heights and finally our video of Nohona at Kahala

    Wilhelmina Rise is a quiet established hillside community of about 500 modest older homes in Honolulu north of Kaimuki, bordered by Palolo to the west and Waialae Nui to the east. Extending beyond the Wilhelmina Rise neighborhood, taking up the top one-third of the ridge above Hilo Pl and Iwi Way, is the wonderful Maunalani Heights mountain top community consisting of about 350 homes. Most Wilhelmina Rise homes for sale are valued between $700K to $1.3M, often with lot   ..... Read more.

    Other Wilhelmina Rise Homes
    $1,800,000
    1603-D Paula Dr
    5 Bds | 2.5 Ba
    2,552 ft²
    $2,200,000
    $1,675,000
    3836 Pukalani Pl
    Multi-Family

    $1,430,000
    1898 Iwi Way
    3 Bds | 2 Ba
    1,372 ft²
     
    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. The sale may be 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.