We have sold in Makiki and have a deep understanding of the neighborhood's specific nuances. We're happy to answer any questions.
Description
Welcome to Lewalani drive and the incredible investment opportunity with this R-5 zoned 8,338 sf lot. This property boasts a 3BD/1BA upstairs in the front house, two downstairs units and an additional 3BD/1BA in the back house. Enjoy the benefits of multigenerational living or consider living in one house and renting out the other units to supplement the mortgage. Alternatively consider the potential to renovate and rent as an income producing property. Located in the base of Makiki Heights and just minutes from University of Hawaii at Manoa and other highly coveted private schools. You’ll save time and money thanks to a short commute and easy access to downtown and the greater Honolulu area. Your family will love the 2 covered parking stalls and the flexibility to park another 2 vehicles on the property.
Makiki - the childhood neighborhood of President Barack Obama - is an older established neighborhood of approximately 500 homes just north-east of downtown Honolulu, bordered by Punchbowl to the west and Manoa to the east. Makiki homes for sale are often valued between $600K to $1M on lot sizes between 2,000 to 9,000 sq ft. Makiki Heights homes for sale tend to be more valuable at $850K to $8M with lot sizes between 5,000 sq ft to 1 acre plus.
Makiki consists of 2 distinct communities: Makiki with mostly modest homes on the flat section hugging the ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 21, 2026.Information is deemed reliable but not guaranteed.
Sold 12/27/22 at $1,460,000 (List Price: $1,599,000)
Description
Welcome to Lewalani drive and the incredible investment opportunity with this R-5 zoned 8,338 sf lot. This property boasts a 3BD/1BA upstairs in the front house, two downstairs units and an additional 3BD/1BA in the back house. Enjoy the benefits of multigenerational living or consider living in one house and renting out the other units to supplement the mortgage. Alternatively consider the potential to renovate and rent as an income producing property. Located in the base of Makiki Heights and just minutes from University of Hawaii at Manoa and other highly coveted private schools. You’ll save time and money thanks to a short commute and easy access to downtown and the greater Honolulu area. Your family will love the 2 covered parking stalls and the flexibility to park another 2 vehicles on the property.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 21, 2026.Information is deemed reliable but not guaranteed.
Makiki - the childhood neighborhood of President Barack Obama - is an older established neighborhood of approximately 500 homes just north-east of downtown Honolulu, bordered by Punchbowl to the west and Manoa to the east. Makiki homes for sale are often valued between $600K to $1M on lot sizes between 2,000 to 9,000 sq ft. Makiki Heights homes for sale tend to be more valuable at $850K to $8M with lot sizes between 5,000 sq ft to 1 acre plus.
Makiki consists of 2 distinct communities: Makiki with mostly modest homes on the flat section hugging the ... Read more
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.
Property Taxes
Honolulu County Property Tax Info Real property tax rates in Honolulu are based on the property’s tax classification, as determined by the City & County.
Residential (0.35%) Applies to owner-occupied properties with an approved Home Exemption, or to properties with an assessed value under $1,000,000.
Residential A (Tiered) Applies to properties with an assessed value of $1,000,000+ where no Home Exemption is claimed (e.g., second homes, investment properties). First $1,000,000 taxed at 0.40% • Value above $1,000,000 taxed at 1.14%
Home Exemption A fixed deduction ($120,000–$160,000, depending on age) that reduces the taxable assessed value when approved.
