Hawaii Living

47022 Lihikai Dr (Lulani Ocean)

47022 Lihikai Dr, Kaneohe
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Description
Location, location, location! One house back from the beach! Legal ocean view duplex! Reside in one & rent the other for amazing cash flow! All tenants in place so you can have them pay your mortgage, while you live on one of the duplex and rent the other one. Beach access to Kaneohe Bay from your backyard. Swim, fish, snorkel, paddle board, kayak to the Sandbar! Desirable Matson Point location, surrounded by water. Enjoy country living, minutes to Kaneohe MCB, Windward Mall & H-3. Building is one house back from the beach. Beautiful beach park nearby with boat ramp! Ideal for pets to frolic and play or kids to play soccer, baseball, football, basketball, etc. Present rental income is: $7,050.00/mo long term rental for downstairs duplex and $5,430.00/mo on month-to-month for upstairs duplex. Total income for both units; $12,480.00/month!!!!
Past Activity
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $282
  • Year Remodeled: 2012
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone D
  • Elementary School: Kahaluu
  • Middle School: King
  • High School: Castle
  • View: Coastline, Mountain, Ocean, Sunrise
  • Furnished: Partial
  • Property Condition: Above Average
  • TMK: 1-4-7-10-35-0
  • Tax Assessed Land: $382,700
  • Tax Assessed Improvements: $663,300
  • Tax Assessed Total: $1,046,000
  • Courtesy: Realty By The Sea
  • MLS: 1305353
Good to Know
See our aerial video of Lulani Ocean homes.

Lulani Ocean neighborhood is so far north on the Windward Side, it's often difficult to realize it falls within Kaneohe's city limits. To get there you head north on Kamehameha Hwy, past both He'eia Pond and He'eia State Park, through untamed ocean on your right and deep green hills on your left. You feel you've left the city behind, and, the truth is, you have.

A hook turn on this coastline banishes from view all the ground you've covered behind you, ushering you into a decisively rural landscape everywhere you look. You're home.

LULANI OCE  .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
Other Lulani Ocean Homes
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91-1041 Kai Oio St
5 Bds | 4 Ba
2,600 ft²
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53-223 Kamehameha Hwy
3 Bds | 1.5 Ba
1,149 ft²
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1564 Halekoa Dr
4 Bds | 3 Ba
1,626 ft²
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92-795 Welo St
4 Bds | 2.5 Ba
1,747 ft²
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92-1217 Uahanai St
5 Bds | 3.5 Ba
3,105 ft²
  • Sold 11/4/13 at $1,300,000
    (List Price: $1,375,000)
Description
Location, location, location! One house back from the beach! Legal ocean view duplex! Reside in one & rent the other for amazing cash flow! All tenants in place so you can have them pay your mortgage, while you live on one of the duplex and rent the other one. Beach access to Kaneohe Bay from your backyard. Swim, fish, snorkel, paddle board, kayak to the Sandbar! Desirable Matson Point location, surrounded by water. Enjoy country living, minutes to Kaneohe MCB, Windward Mall & H-3. Building is one house back from the beach. Beautiful beach park nearby with boat ramp! Ideal for pets to frolic and play or kids to play soccer, baseball, football, basketball, etc. Present rental income is: $7,050.00/mo long term rental for downstairs duplex and $5,430.00/mo on month-to-month for upstairs duplex. Total income for both units; $12,480.00/month!!!!
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 28, 2024. Information is deemed reliable but not guaranteed.
    See our aerial video of Lulani Ocean homes.

    Lulani Ocean neighborhood is so far north on the Windward Side, it's often difficult to realize it falls within Kaneohe's city limits. To get there you head north on Kamehameha Hwy, past both He'eia Pond and He'eia State Park, through untamed ocean on your right and deep green hills on your left. You feel you've left the city behind, and, the truth is, you have.

    A hook turn on this coastline banishes from view all the ground you've covered behind you, ushering you into a decisively rural landscape everywhere you look. You're home.

    LULANI OCE  .....
    Read more.
    Other Lulani Ocean Homes
     
    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.