Hawaii Living

5525 Kalanianaole Hwy (Niu Beach)

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5525 Kalanianaole Hwy, Honolulu
This property was sold May 28, 2021 for $2,800,000
Description
Ocean and Koko Head view right at your backyard! This wonderful beach house features two separate entries to upstairs and downstairs. Perfect for multi-family living under one roof, or live in one and rent the other! Fully paid off photo-voltaic system provides tremendous electricity savings. Main dwelling area includes 4 beds/3 baths with full kitchen. Ground level with separate entry consists of 2 beds/2 baths. Every room has Ocean view before your eyes. Near shopping center, restaurants, super markets, banks, public library, and schools. Number of beds/baths don't match TMK.
Past Activity
  • May 28, 2021 Sold for $2,800,000
  • Mar 01, 2021 In Escrow
  • Oct 09, 2020 Listed at $2,800,000
  • Oct 08, 2020 Expired
  • Jul 07, 2020 Listed at $2,980,000
  • Apr 18, 2020 Expired
  • Apr 17, 2019 Listed at $2,980,000
  • Mar 01, 2019 Withdrawn
  • Jan 04, 2018 Listed at $2,980,000
  • May 31, 2012 Sold for $1,825,000
  • May 08, 2012 In Escrow
  • Apr 15, 2012 Price $1,899,000
  • Apr 10, 2012 Price $1,948,000
  • Oct 19, 2011 Price $1,988,000
  • Aug 22, 2011 Price $2,088,000
More Details
  • Price / Interior Sf: $1,263
  • Year Remodeled: 1984
  • 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, Ocean
  • Flood Zone: Zone VE
  • Security Features: Key
  • Amenities: Landscaped, Patio/Deck, Storage, Wall/Fence
  • TMK: 1-3-7-1-11-0
  • Tax Assessed Land: $2,210,300
  • Tax Assessed Improvements: $405,700
  • Tax Assessed Total: $2,616,000
  • Courtesy: Terraco Hawaii Real Estate LLC
  • MLS: 202026751
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
Ocean and Koko Head view right at your backyard! This wonderful beach house features two separate entries to upstairs and downstairs. Perfect for multi-family living under one roof, or live in one and rent the other! Fully paid off photo-voltaic system provides tremendous electricity savings. Main dwelling area includes 4 beds/3 baths with full kitchen. Ground level with separate entry consists of 2 beds/2 baths. Every room has Ocean view before your eyes. Near shopping center, restaurants, super markets, banks, public library, and schools. Number of beds/baths don't match TMK.
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.
Other fees could be a special assessment, reserve contributions etc.
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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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