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2550 Waiomao Rd (Palolo)

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2550 Waiomao Rd, Honolulu
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Tracy Yamato

Tracy Yamato (RA) CRS

Certified Residential Specialist
RS-51972

Mobile: (808) 372-2274

Email: Tracy@HawaiiLiving.com


"Let my over 30 years of experience work for you."
Client Testimonials
We are a team of licensed real estate agents with in-depth knowledge of the pros & cons of every Honolulu neighborhood. For an informed decision when making your purchase, contact us here at Hawaii Living.
Description
Discover this tranquil large parcel development opportunity in Honolulu's quiet, peaceful Palolo Valley. Consisting of 4.76 acres, this rare opportunity to capture an example of Hawaii's tropical paradise includes approx. 1.4 acres (~61,000 sq.ft.) of R-5 zoning for residential development. Envision a carefully crafted cluster of single-family homes, an unparalleled nature retreat, or create the most incredible new construction home in Honolulu. Majestic lush hillsides, mountains, gentle sounds of Waiomao Stream and singing birds set an unrivaled backdrop for your new creation, with mature old-growth Lychee, Star Fruit, Mountain Apple trees, plus a bamboo forest on property. Situated minutes from the Heart of Honolulu, don't miss this opportunity to create something magical in Paradise. Price includes the adjoining vacant lot TMK#1-3-4-034-020-0000 consisting 5,394 sqft. Please refer to the supplements for survey report and conceptional development plan.
Recent Activity
  • May 19, 2022 Listed at $3,500,000
  • Dec 29, 2021 Expired
  • Aug 28, 2020 Listed at $3,600,000
Sold
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More Details
  • Owner, Tax & Resale History: Click here
  • Price / ft²: $2,431
  • Year Remodeled: 1956
  • Zoning: 05 - R-5 Residential District
  • Elementary School: Palolo
  • Middle School: Jarrett
  • High School: Kaimuki
  • View: Mountain
  • Flood Zone: Zone X
  • Security Features: Key
  • TMK: 1-3-4-34-21-0
  • Tax Assessed Land: $669,200
  • Tax Assessed Improvements: $54,300
  • Tax Assessed Total: $723,500
  • Courtesy: Sachi HI Pacific Century Prop. / (808) 351-7151
  • MLS: 202209720
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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 su  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 29, 2023. Information is deemed reliable but not guaranteed.
Other Palolo Homes
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1335 9th Ave
7 Bds | 3 Ba
2,079 ft²
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2318 Waiomao Rd
7 Bds | 4 Ba
3,109 ft²
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2440 Jasmine St
5 Bds | 3 Ba
1,479 ft²
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1431 10th Ave
3 Bds | 2 Ba
1,603 ft²
Other Diamond Head Region Homes
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944 Koloa St
4 Bds | 3 Ba
2,900 ft²
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4335 Kaikoo Pl
4 Bds | 2 Ba
2,040 ft²
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4305 Kaikoo Pl
4 Bds | 3 Ba
2,305 ft²
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2028 Kuola Pl
3 Bds | 3.5 Ba
3,492 ft²
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971 Koae St
5 Bds | 3.5 Ba
4,372 ft²
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526 Ahina St
4 Bds | 4 Ba
2,353 ft²
  • Asking Price: $3,500,000
Description
Discover this tranquil large parcel development opportunity in Honolulu's quiet, peaceful Palolo Valley. Consisting of 4.76 acres, this rare opportunity to capture an example of Hawaii's tropical paradise includes approx. 1.4 acres (~61,000 sq.ft.) of R-5 zoning for residential development. Envision a carefully crafted cluster of single-family homes, an unparalleled nature retreat, or create the most incredible new construction home in Honolulu. Majestic lush hillsides, mountains, gentle sounds of Waiomao Stream and singing birds set an unrivaled backdrop for your new creation, with mature old-growth Lychee, Star Fruit, Mountain Apple trees, plus a bamboo forest on property. Situated minutes from the Heart of Honolulu, don't miss this opportunity to create something magical in Paradise. Price includes the adjoining vacant lot TMK#1-3-4-034-020-0000 consisting 5,394 sqft. Please refer to the supplements for survey report and conceptional development plan.
We are a team of licensed real estate agents with in-depth knowledge of the pros & cons of every Honolulu neighborhood. For an informed decision when making your purchase, contact us here at Hawaii Living.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 29, 2023. Information is deemed reliable but not guaranteed.
    • May 19, 2022 Listed at $3,500,000
    • Dec 29, 2021 Expired
    • Aug 28, 2020 Listed at $3,600,000
    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 su  .....
    Read more.


    Other Palolo Homes
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    1335 9th Ave
    7 Bds | 3 Ba
    2,079 ft²
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    2318 Waiomao Rd
    7 Bds | 4 Ba
    3,109 ft²
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    2440 Jasmine St
    5 Bds | 3 Ba
    1,479 ft²
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    1431 10th Ave
    3 Bds | 2 Ba
    1,603 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 more about Oahu property taxes here.