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59-575-1 Ke Iki Road (Sunset)

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59-575-1 Ke Iki Road

(Sunset)

59-575-1 Ke Iki Road, North Shore
This property was sold February 28, 2020 for $7,950,000
Description
PARADISE FOUND. Ke Iki Beach Bungalows is an idyllic, rare property w/ nearly an acre & a half of prime land & 207 linear feet of wide, pristine beach frontage. Consisting of six buildings, comprised of a mix of studio, one, two and three bedroom units; the property is zoned R-5 for residential use & yet retains coveted transient vacation licenses. Sitting high above the shoreline & right in the heart of the North Shore’s “seven-mile miracle” of surfing, well known to surfers & surf enthusiasts world-wide. So, whether you are looking to own a charming beachfront bungalow for guests or to build an estate for your family - Ke Iki Beach Bungalows, with its unique combination of beauty, privacy and accessibility on the coveted North Shore of Oahu, awaits you.
Past Activity
  • Feb 28, 2020 Sold @ $7.95M
  • Nov 23, 2019 In Escrow
  • Oct 10, 2019 Price ↓ $8.895M
  • Jun 26, 2019 Listed @ $11.8M
More Details
  • Price / Interior Sf: $921
  • Year Remodeled: 2018
  • Owner, Tax & Resale History: Click here
  • MLS: 201918292
  • Elementary School: Sunset Beach
  • Middle School: Kahuku
  • High School: Kahuku
  • View: Garden, Mountain, Ocean, Sunset
  • Zoning: 05 - R-5 Residential District
  • Flood Zone: Zone X
  • Security Features: Gated Community
  • Amenities: Bedroom on 1st Floor, Entry, Full Bath on 1st Floor, Landscaped, Patio/Deck, Wall/Fence, Workshop
  • Inclusions: AC Split, Blinds, Book Shelves, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Fireplace, Lawn Sprinkler, Microwave, Range/Oven, Refrigerator, Smoke Detector, Solar Heater, Washer
  • TMK: 1-5-9-3-12-0
  • Tax Assessed Land: $8,124,800
  • Tax Assessed Improvements: $588,700
  • Tax Assessed Total: $8,713,500
  • Special Sales Terms: None
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The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 31, 2020. Information is deemed reliable but not guaranteed.
59-575-1 Ke Iki Road - listing courtesy Coldwell Banker Pacific Prop.

Sold 2/28/20 for

$7,950,000

Living

9,657 sqft

Baths

14.5

Beds

19

 
 
    Description
    PARADISE FOUND. Ke Iki Beach Bungalows is an idyllic, rare property w/ nearly an acre & a half of prime land & 207 linear feet of wide, pristine beach frontage. Consisting of six buildings, comprised of a mix of studio, one, two and three bedroom units; the property is zoned R-5 for residential use & yet retains coveted transient vacation licenses. Sitting high above the shoreline & right in the heart of the North Shore’s “seven-mile miracle” of surfing, well known to surfers & surf enthusiasts world-wide. So, whether you are looking to own a charming beachfront bungalow for guests or to build an estate for your family - Ke Iki Beach Bungalows, with its unique combination of beauty, privacy and accessibility on the coveted North Shore of Oahu, awaits you.
    See our aerial video of Sunset homes on Oahu's North Shore.

    About Sunset
    The Sunset area of the North Shore is generally home to two groups. Surfers and those with the funds to buy homes on these widely envied lands. It's not just professional board riders, current and retired, who have tied their leash permanently here. The top surf companies have bought as well, making the houses their headquarters during the big competitions that happen up here. They can't have their sponsored surfers fighting the traffic with everyone else to reach the beaches on contest day.

    You'll still find some of the older, classic North Shore 'shacks' still here, those small wooden houses that embody Mid-Century Hawaii. Even they have appreciated greatly as the desirability has climbed steeply in the past few decades. Sunset real estate does not sell for cheap. The houses with the smallest of spaces under their roofs will still start in the very high 6 figures. One of the bonuse  ....click here to read more
    • Feb 28, 2020 Sold @ $7.95M
    • Nov 23, 2019 In Escrow
    • Oct 10, 2019 Price ↓ $8.895M
    • Jun 26, 2019 Listed @ $11.8M
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 31, 2020. Information is deemed reliable but not guaranteed.
    59-575-1 Ke Iki Road - listing courtesy Coldwell Banker Pacific Prop.
    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.
    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.
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