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5949 Kalanianaole Hwy#A (Paiko Lagoon)

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5949 Kalanianaole Hwy #A, Honolulu
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Tracy Yamato

Tracy Yamato

Certified Residential Specialist
Realtor, RS-51972

Mobile: (808) 372-2274

Email: Tracy@HawaiiLiving.com

We are expert real estate agents who know Paiko Lagoon very well and have sold many homes in Honolulu. We would be happy to assist you too.
Description
Back on Market. Waterfront residence located within a private, gated community, offering a setting defined by high ceilings and abundant natural light. The designer kitchen provides both style and functionality with water views. The property features a private dock with direct access suitable for activities such as kayaking or fishing. The home backs onto the historic Kanewai Fishpond and the Paiko Lagoon Wildlife Sanctuary, providing a unique waterfront environment. Enjoy a peaceful setting with views of the lagoon and surrounding natural landscape. Here, your daily soundtrack is the gentle rustle of native reeds and the soft call of the resident Hawaiian ducks (koloa maoli) gliding across the pond.A rare opportunity to own a waterfront property in a gated community with direct water access and proximity to protected natural areas.
Recent Activity
  • Feb 13, 2026 Listed at $4,999,000
  • Feb 12, 2026 Off Market
  • Oct 31, 2025 Listed at $4,999,000
  • Aug 22, 2022 Off Market
  • Nov 23, 2021 Price $5,388,000
  • Aug 20, 2021 Listed at $5,790,000
  • Dec 27, 2019 Off Market
  • Apr 15, 2019 Listed at $5,490,000
Recent Sales
(Paiko Lagoon)
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $1,129
  • Other Homes Price / ft²
  • Cash vs Financing Buyers
  • Year Remodeled: 2010
  • Zoning: 03 - R10 - Residential District
  • Flood Zone: Zone AE
  • View: Garden, Other, Sunrise
  • Property Condition: Excellent
  • Security Features: Gated Community
  • Amenities: Entry
  • TMK: 1-3-8-2-24-0
  • Tax Assessed Land: $1,343,700
  • Tax Assessed Improvements: $398,800
  • Tax Assessed Total: $1,742,500
  • Courtesy: Keller Williams Honolulu / (808) 212-9188
  • MLS: 202603800
Ask Tracy a Question
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 February 19, 2026.Information is deemed reliable but not guaranteed.
Other Paiko Lagoon Homes
$3,580,000
218 Paiko Dr
5 Bds | 2 Ba
1,636 ft²
$2,450,000
Other Honolulu Homes
Niu Beach
$4,999,000
5543 Kalanianaole Hwy
3 Bds | 2.5 Ba
1,622 ft²
Kahala
$4,950,000
4327 Kilauea Ave
6 Bds | 7.5 Ba
7,866 ft²
Portlock
$4,900,000
235 Portlock Rd
5 Bds | 5.5 Ba
4,736 ft²
Hawaii Loa Ridge
$4,800,000
875 Ikena Cir
5 Bds | 7 Ba
4,445 ft²
Kahala
$5,250,000
4536 Kolohala St
6 Bds | 5.5 Ba
4,757 ft²
Portlock
$4,700,000
532 Portlock Rd
4 Bds | 4.5 Ba
3,798 ft²
  • Asking Price: $4,999,000
Description
Back on Market. Waterfront residence located within a private, gated community, offering a setting defined by high ceilings and abundant natural light. The designer kitchen provides both style and functionality with water views. The property features a private dock with direct access suitable for activities such as kayaking or fishing. The home backs onto the historic Kanewai Fishpond and the Paiko Lagoon Wildlife Sanctuary, providing a unique waterfront environment. Enjoy a peaceful setting with views of the lagoon and surrounding natural landscape. Here, your daily soundtrack is the gentle rustle of native reeds and the soft call of the resident Hawaiian ducks (koloa maoli) gliding across the pond.A rare opportunity to own a waterfront property in a gated community with direct water access and proximity to protected natural areas.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 19, 2026.Information is deemed reliable but not guaranteed.
    • Feb 13, 2026 Listed at $4,999,000
    • Feb 12, 2026 Off Market
    • Oct 31, 2025 Listed at $4,999,000
    • Aug 22, 2022 Off Market
    • Nov 23, 2021 Price $5,388,000
    • Aug 20, 2021 Listed at $5,790,000
    • Dec 27, 2019 Off Market
    • Apr 15, 2019 Listed at $5,490,000
    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
    $3,580,000
    218 Paiko Dr
    5 Bds | 2 Ba
    1,636 ft²
    $2,450,000
    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.