Hawaii Living

5897 Kalanianaole Hwy (Paiko Lagoon)

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Photo 1 of 5897 Kalanianaole Hwy, Honolulu
5897 Kalanianaole Hwy, Honolulu
Selling or Buying in Paiko Lagoon?
Call/Text George (808) 554-1635 or send a message using the form below.
George Krischke

George Krischke

Principal Broker
Realtor, RB-18610

Mobile: (808) 554-1635

Email: George@HawaiiLiving.com

Description
Rarely available multi-family, three single family dwellings with own carport and additional on-site parking. Beach access nearby. Shared driveway. Separate water and electric meters. Limited showings due to current Covid 19. Due diligence recommended. Please do not disturb tenants.
Past Activity
  • Jun 03, 2021 Sold for $1,650,000
  • Apr 30, 2021 Under Contract
  • Mar 24, 2021 Listed at $1,800,000
  • Jan 02, 2017 Off Market
  • Sep 12, 2016 Off Market
  • Jan 29, 2016 Listed at $2,250,000
More Details
About Paiko Lagoon
See our video of Paiko Lagoon homes.

The Homes & Neighborhood
A hidden gem, Paiko Lagoon is a charming luxury residential coastal community of about 120 homes in Honolulu located on the oceanside of Kalanianaole Hwy bordered by Hawaii Kai to the east and Niu Beach to the west. Paiko Lagoon homes for sale are valued between $1M to $5M and lots typically range between 5,000 to 25,000 sq ft.

At the heart of Paiko Lagoon is a calm peaceful State Wildlife Sanctuary, which offers surrounding homeowners serenity, privacy and gorgeous views. Freshwater springs feed the ancient mystica  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2025.Information is deemed reliable but not guaranteed.
Other Paiko Lagoon Homes
$2,450,000
$3,680,000
218 Paiko Dr
5 Bds | 2 Ba
1,636 ft²
$4,999,000
5949 Kalanianaole Hwy#A
4 Bds | 4.5 Ba
4,427 ft²
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Kapahulu
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Makiki
$1,850,000
2026 Ahualani Pl#A
5 Bds | 3.5 Ba
2,348 ft²
Punchbowl
$1,850,000
2763 Booth Rd
7 Bds | 3.5 Ba
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Kapahulu
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750 Makaleka Ave
8 Bds | 4 Ba
2,425 ft²
  • Sold 5/31/21 at $1,650,000
    (List Price: $1,800,000)
Description
Rarely available multi-family, three single family dwellings with own carport and additional on-site parking. Beach access nearby. Shared driveway. Separate water and electric meters. Limited showings due to current Covid 19. Due diligence recommended. Please do not disturb tenants.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 10, 2025.Information is deemed reliable but not guaranteed.
    • Jun 03, 2021 Sold for $1,650,000
    • Apr 30, 2021 Under Contract
    • Mar 24, 2021 Listed at $1,800,000
    • Jan 02, 2017 Off Market
    • Sep 12, 2016 Off Market
    • Jan 29, 2016 Listed at $2,250,000
    See our video of Paiko Lagoon homes.

    The Homes & Neighborhood
    A hidden gem, Paiko Lagoon is a charming luxury residential coastal community of about 120 homes in Honolulu located on the oceanside of Kalanianaole Hwy bordered by Hawaii Kai to the east and Niu Beach to the west. Paiko Lagoon homes for sale are valued between $1M to $5M and lots typically range between 5,000 to 25,000 sq ft.

    At the heart of Paiko Lagoon is a calm peaceful State Wildlife Sanctuary, which offers surrounding homeowners serenity, privacy and gorgeous views. Freshwater springs feed the ancient mystica  ... Read more
    Other Paiko Lagoon Homes
    $2,450,000
    $3,680,000
    218 Paiko Dr
    5 Bds | 2 Ba
    1,636 ft²
    $4,999,000
    5949 Kalanianaole Hwy#A
    4 Bds | 4.5 Ba
    4,427 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.