Hawaii Living

2550 Ipulei Way (Palolo)

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Photo 1 of 2550 Ipulei Way, Honolulu
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2550 Ipulei Way, Honolulu
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Description
*NEW PRICE!* Seller open to giving Buyer a Credit! Highly desired, rarely available "one of a kind" mid-century Home in “Carlos Long” subdivision of Palolo, feels miles away in a by gone era, yet close to amenities & urban life of Honolulu, Oahu. Original Owner, lovingly custom-built this spacious 5/2/2-carport PLUS a tatami-like area w/ Shoji-style sliding doors that served as Kung Fu/training room (records show 3 bdrms). Impressive LARGE open “great room” Living Area showcases Solid Lumber open Beams and high Vaulted Ceilings, literally a work of art! Lush green, quiet Mountain Views of Palolo Valley abound, well-placed Skylights give soft natural light throughout, and all combine to tranquil Home setting. Solid Hollow Tile Concrete & Wood construction, built-in Shelves, Cabinets, big Master Bath w/ His/Hers Vanity & Sink areas, and Large “furo”-style tub w/ Windows. Big 2nd Bath faces Diamond Head, so bright and well ventilated. Possible multi-family living, enough flat usable land to expand. Minutes to Schools incl. UH Manoa, Palolo Valley Rec Center, close to Kaimuki, Kapahulu. New Owner can take it to next level! Showings by Appt. only; Please do NOT disturb Occupants. ALOHA!
Recent Activity
  • Nov 21, 2025 Price $1,160,000
  • Oct 24, 2025 Price $1,172,500
  • Oct 05, 2025 Price $1,175,000
  • Oct 03, 2025 Price $1,188,000
  • Aug 09, 2025 Price $1,198,000
  • Jul 09, 2025 Price $1,248,000
  • Jun 07, 2025 Listed at $1,295,000
Recent Sales
(Palolo)
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $584
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Year Remodeled: 1968
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • Elementary School: Palolo
  • Middle School: Jarrett
  • High School: Kaimuki
  • View: Garden, Mountain
  • Furnished: Negotiable
  • Property Condition: Average,Fair
  • Security Features: Key
  • TMK: 1-3-4-19-22-0
  • Tax Assessed Land: $737,600
  • Tax Assessed Improvements: $146,000
  • Tax Assessed Total: $883,600
  • Courtesy: Rainbow Realty International / (808) 330-0307
  • MLS: 202513448
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About Palolo
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 December 05, 2025.Information is deemed reliable but not guaranteed.
Other Palolo Homes
$1,150,000
2601 Myrtle St
3 Bds | 2 Ba
1,517 ft²
$1,298,000
2318 Waiomao Rd#4
3 Bds | 2.5 Ba
2,044 ft²
$1,300,000
1541 Palolo Ave#A
4 Bds | 2 Ba
1,595 ft²
$975,000
3352 Kaau St
3 Bds | 1 Ba
1,204 ft²
Other Honolulu Homes
Salt Lake Honolulu & Moanalua
$1,150,000
1547 Ala Aolani St
3 Bds | 2 Ba
1,008 ft²
Kalihi
$1,150,000
2840C Kalihi St
6 Bds | 4 Ba
2,576 ft²
Kalihi
$1,149,000
1457 Kokea St
3 Bds | 2 Ba
1,196 ft²
Punchbowl
$1,174,000
902-C Prospect St
4 Bds | 3 Ba
1,540 ft²
Alewa Heights & Kam Heights
$1,145,000
2285 Makanani Dr
4 Bds | 2.5 Ba
1,486 ft²
Kapahulu
$1,180,000
3451 Wela St#A
3 Bds | 2 Ba
1,071 ft²
  • Asking Price: $1,160,000
Description
*NEW PRICE!* Seller open to giving Buyer a Credit! Highly desired, rarely available "one of a kind" mid-century Home in “Carlos Long” subdivision of Palolo, feels miles away in a by gone era, yet close to amenities & urban life of Honolulu, Oahu. Original Owner, lovingly custom-built this spacious 5/2/2-carport PLUS a tatami-like area w/ Shoji-style sliding doors that served as Kung Fu/training room (records show 3 bdrms). Impressive LARGE open “great room” Living Area showcases Solid Lumber open Beams and high Vaulted Ceilings, literally a work of art! Lush green, quiet Mountain Views of Palolo Valley abound, well-placed Skylights give soft natural light throughout, and all combine to tranquil Home setting. Solid Hollow Tile Concrete & Wood construction, built-in Shelves, Cabinets, big Master Bath w/ His/Hers Vanity & Sink areas, and Large “furo”-style tub w/ Windows. Big 2nd Bath faces Diamond Head, so bright and well ventilated. Possible multi-family living, enough flat usable land to expand. Minutes to Schools incl. UH Manoa, Palolo Valley Rec Center, close to Kaimuki, Kapahulu. New Owner can take it to next level! Showings by Appt. only; Please do NOT disturb Occupants. ALOHA!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 05, 2025.Information is deemed reliable but not guaranteed.
    • Nov 21, 2025 Price $1,160,000
    • Oct 24, 2025 Price $1,172,500
    • Oct 05, 2025 Price $1,175,000
    • Oct 03, 2025 Price $1,188,000
    • Aug 09, 2025 Price $1,198,000
    • Jul 09, 2025 Price $1,248,000
    • Jun 07, 2025 Listed at $1,295,000
    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
    $1,150,000
    2601 Myrtle St
    3 Bds | 2 Ba
    1,517 ft²
    $1,298,000
    2318 Waiomao Rd#4
    3 Bds | 2.5 Ba
    2,044 ft²
    $1,300,000
    1541 Palolo Ave#A
    4 Bds | 2 Ba
    1,595 ft²
    $975,000
    3352 Kaau St
    3 Bds | 1 Ba
    1,204 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.