Hawaii Living

5517 Kalanianaole Hwy (Niu Beach)

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5517 Kalanianaole Hwy, Honolulu
This property was sold April 22, 2016 for $1,980,000
Description
Seller says SELL NOW-racing to do a reverse 1031 Exchange! BEST beachfront value! Deceptively modest fr the front, this exec retreat opens up to an incredible, peaceful panorama of sandy beachfront! Remodeled & features an impressive Great Room w/ wood inlay ceilings & sliding glass doors that frame postcard Ocean vistas. Adjoining is a spacious dining area w/ bistro-style kitchen perfect for entertaining. This vacation home also includes a separate entry studio, a second level lounge area & spacious ground level rec room/area w/ pocket doors that afford multi-use options & additional bedrms!
Past Activity
  • Apr 22, 2016 Sold for $1,980,000
  • Mar 24, 2016 In Escrow
  • Feb 23, 2016 Price $1,980,000
  • Feb 03, 2016 Price $2,245,000
  • Dec 17, 2015 Listed at $2,495,000
More Details
  • Price / Interior Sf: $544
  • Year Remodeled: 2003
  • Owner, Tax & Resale History: Click here
  • Zoning: 03 - R10 - Residential District
  • Elementary School: Aina Haina
  • Middle School: Niu Valley
  • High School: Kalani
  • Any View: Coastline, Mountain, Ocean, Other, Sunrise, Sunset
  • Flood Zone: Zone VE
  • Security Features: Key
  • Amenities: Bedroom on 1st Floor, Entry, Full Bath on 1st Floor, Landscaped, Maids/Guest Qrters, Other, Patio/Deck, Storage, Wall/Fence
  • TMK: 1-3-7-1-20-0
  • Tax Assessed Land: $1,967,100
  • Tax Assessed Improvements: $1,599,400
  • Tax Assessed Total: $3,566,500
  • Courtesy: Coldwell Banker Pacific Prop.
  • MLS: 201522600
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 01, 2021. Information is deemed reliable but not guaranteed.
About Niu Beach
See our video of Niu Beach homes.

Niu Beach is a small luxury beachfront neighborhood of about 100 homes on the oceanside of Kalanianaole Hwy bordered by Paiko Lagoon to the east and Aina Haina Beach to the west. Most Niu Beach & Peninsula homes for sale are valued in the $1M to $5M range with typical lot sizes between 8,000 to 15,000 sq ft. 

Insight to Niu Beach Homes & Neighborhood
Some of the early homes dating back to the 1920’s were simple fishing cabins along the calm and shallow ocean waters that are protected by an outer reef. Big changes took place around 1950 when parts of an old fishpond were filled-in to create the new man made Niu Peninsula. Dynamite was allegedly used to carve a deep water channel out of the shallow reef around this newly created Honolulu real estate consisting of one street only, Niuiki Circle. The Army Corps of Engineers built the perimeter seawall creating what is today a gorgeous little ocean lovers community.

Approximately h  ....click here to read more
Description
Seller says SELL NOW-racing to do a reverse 1031 Exchange! BEST beachfront value! Deceptively modest fr the front, this exec retreat opens up to an incredible, peaceful panorama of sandy beachfront! Remodeled & features an impressive Great Room w/ wood inlay ceilings & sliding glass doors that frame postcard Ocean vistas. Adjoining is a spacious dining area w/ bistro-style kitchen perfect for entertaining. This vacation home also includes a separate entry studio, a second level lounge area & spacious ground level rec room/area w/ pocket doors that afford multi-use options & additional bedrms!
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 01, 2021. Information is deemed reliable but not guaranteed.
See our video of Niu Beach homes.

Niu Beach is a small luxury beachfront neighborhood of about 100 homes on the oceanside of Kalanianaole Hwy bordered by Paiko Lagoon to the east and Aina Haina Beach to the west. Most Niu Beach & Peninsula homes for sale are valued in the $1M to $5M range with typical lot sizes between 8,000 to 15,000 sq ft. 

Insight to Niu Beach Homes & Neighborhood
Some of the early homes dating back to the 1920’s were simple fishing cabins along the calm and shallow ocean waters that are protected by an outer reef. Big changes took place around 1950 when parts of an old fishpond were filled-in to create the new man made Niu Peninsula. Dynamite was allegedly used to carve a deep water channel out of the shallow reef around this newly created Honolulu real estate consisting of one street only, Niuiki Circle. The Army Corps of Engineers built the perimeter seawall creating what is today a gorgeous little ocean lovers community.

Approximately h  ....click here to 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. 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.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
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