Hawaii Living

2523 Lai Rd (Palolo)

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2523 Lai Rd, Honolulu
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Call agent (808) 343-5000 or use contact form.
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Description
For the first time, this multi-generational family home in Palolo with THREE LEGAL DWELLINGS is being made available for sale. The entire property has been maintained with exceptional care and offers a great opportunity for extended family use and/or income generation. The primary Home #1 has 5 bedrooms and 3 full baths; 3/2 upstairs with a full kitchen and 2/1 downstairs with a wet bar. Home #2 and Home #3 are separate permitted units with 2bed/1bath. All 3 homes are separately metered with views of Palolo valley to Honolulu city and the ocean and are all equipped with their own laundry and garden area for true independent living. This is a must see with potential as a terrific long-term investment.NOTE: Some of the units were rented to family/friends below market rents. Please consult your real estate agent for rental comps.
Recent Activity
  • Apr 02, 2024 In Escrow
  • Mar 20, 2024 Listed at $1,800,000
Past Sales
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $598
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • View: City, Garden, Mountain, Ocean
  • Furnished: Partial
  • Property Condition: Above Average,Average
  • TMK: 1-3-4-12-9-0
  • Tax Assessed Land: $750,100
  • Tax Assessed Improvements: $277,800
  • Tax Assessed Total: $1,027,900
  • Courtesy: Luva LLC / (808) 262-5882
  • MLS: 202404020
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Good to Know
Palolo real estate takes up the entire valley that's cradled between St. Louis Heights on the west and Wilhelmina Rise on the east, with Waialae Ave as its southern border. Like other valleys in Hawaii, the trip from the entrance to the back areas ends you up in a different climate than the one where you started.

Homes in Palolo's far end get noticeably more rain, often on a daily basis, as well as cooler temperatures. The rest of the valley gets plenty of precipitation as well, which explains the flourishing green growth you can't help noticing. Plant lovers will find this a superb place t  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 26, 2024. Information is deemed reliable but not guaranteed.
Other Palolo Homes
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1533 Mokuna Pl
3 Bds | 1 Ba
920 ft²
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1967 10th Ave
5 Bds | 4 Ba
2,295 ft²
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1513 Palolo Ave
3 Bds | 2 Ba
2,880 ft²
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2550 Waiomao Rd
4 Bds | 1 Ba
1,440 ft²
Other Honolulu Homes
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833 10th Ave
8 Bds | 4 Ba
2,959 ft²
3214 Esther St
8 Bds | 7 Ba
3,758 ft²
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2023 Round Top Dr
6 Bds | 4 Ba
2,323 ft²
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1729 Keeaumoku St
5 Bds | 3 Ba
1,696 ft²
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2891 Kalawao St
3 Bds | 3.5 Ba
2,230 ft²
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902 Birch St
3 Bds | 2 Ba
1,222 ft²
  • Asking Price: $1,800,000
Description
For the first time, this multi-generational family home in Palolo with THREE LEGAL DWELLINGS is being made available for sale. The entire property has been maintained with exceptional care and offers a great opportunity for extended family use and/or income generation. The primary Home #1 has 5 bedrooms and 3 full baths; 3/2 upstairs with a full kitchen and 2/1 downstairs with a wet bar. Home #2 and Home #3 are separate permitted units with 2bed/1bath. All 3 homes are separately metered with views of Palolo valley to Honolulu city and the ocean and are all equipped with their own laundry and garden area for true independent living. This is a must see with potential as a terrific long-term investment.NOTE: Some of the units were rented to family/friends below market rents. Please consult your real estate agent for rental comps.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 26, 2024. Information is deemed reliable but not guaranteed.
    • Apr 02, 2024 In Escrow
    • Mar 20, 2024 Listed at $1,800,000
    Palolo real estate takes up the entire valley that's cradled between St. Louis Heights on the west and Wilhelmina Rise on the east, with Waialae Ave as its southern border. Like other valleys in Hawaii, the trip from the entrance to the back areas ends you up in a different climate than the one where you started.

    Homes in Palolo's far end get noticeably more rain, often on a daily basis, as well as cooler temperatures. The rest of the valley gets plenty of precipitation as well, which explains the flourishing green growth you can't help noticing. Plant lovers will find this a superb place t  .....
    Read more.


    Other Palolo Homes
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    1533 Mokuna Pl
    3 Bds | 1 Ba
    920 ft²
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    1967 10th Ave
    5 Bds | 4 Ba
    2,295 ft²
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    1513 Palolo Ave
    3 Bds | 2 Ba
    2,880 ft²
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    2550 Waiomao Rd
    4 Bds | 1 Ba
    1,440 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. 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.