$2,600,000

47-351 Waihee Rd Kaneohe, HI 96744

Estimated payment $14,411/month

Total Views 17,521
7 Beds
6 Baths
5,412 Sq Ft
$480 Price per Sq Ft

Highlights

  • Views
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

Welcome to 47-351 Waihee Road – A Rare Investment & Lifestyle Opportunity in Serene Kane‘ohe
Tucked away in the peaceful Kahaluu community, this one-of-a-kind property presents incredible versatility for investors and those seeking a multigenerational living arrangement. Set on a generous lot surrounded by lush greenery, the property currently produces steady rental income through four distinct dwellings:
• Two 3-Bedroom, 2-Bath Cottages – Each equipped with owned photovoltaic (PV) systems to help lower utility expenses.
• One 1-Bedroom, 1-Bath Cottage – Perfect as a guest suite, home office, or additional rental.
• A Two-Story Farmhouse – Currently used as a chicken farm, with flexible options for future rental potential (note: non-conforming structure).
With convenient access directly off Waihee Road, the property offers a tranquil, mountain-facing setting while remaining just minutes from shopping, schools, and major roadways.
Whether you’re looking to expand your investment portfolio, establish a sustainable living retreat, or create space for extended family, this rare Kane‘ohe gem is an opportunity not to be missed.

Listing Agent

Michi Atamian

Equity Properties, Inc. Brokerage Phone: (808) 485-0855 License #RB-23416 Listed on: 04/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,248

Year Built

  • Built in 1938

Lot Details

  • 2.4 Acre Lot
  • Zoning described as 56 - Country District

Parking

  • 3 Parking Spaces

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 5,412 Sq Ft Home
  • 1-Story Property
  • Property Views

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Schools

  • Kahaluu Elementary School
  • King Middle School
  • Castle High School

Utilities

  • Cesspool

Community Details

  • Waihee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-4-7-033-005-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,248

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Architectural Style: Multiplex
  • Inclusions: Cable TV,Ceiling Fan,Dishwasher,Disposal,Dryer,Photovoltaic - Owned,Range Hood,Range/Oven,Refrigerator,Smoke Detector,Washer,Water Heater
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1938
  • Attribution Contact: (808) 485-0855
  • Road Frontage Type: None
  • MLS Status: Active
  • Subdivision Name: WAIHEE
  • Unit Levels: One, Two
  • Living Area: 5412.0
  • New Construction: No
  • Roof: Asphalt, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Furnished: Partially
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Stories: 1

Exterior Features

  • Construction Type: Wood Frame
  • Lot Features: Other
  • Pool Features: None
  • Property Condition: Average Condition, Updated/Remodeled
  • Topography: Rolling,Sloping,Terraced
  • View: Mountain(s)
  • View: Yes
  • Disclosures: Pet on Property

Garage/Parking

  • Parking Features: Three or more Spaces
  • Total Parking Spaces: 8.0

Utilities

  • Utilities: High Speed Internet Available, Phone Available, Water Available
  • Sewer: Cesspool

Schools

  • Elementary School: Kahaluu
  • High School: Castle
  • Middle Or Junior School: King

Lot Info

  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 1-4-7-033-005-0000
  • Zoning Description: 56 - Country District

Tax Info

  • Tax Annual Amount: 4248.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,246 $1,369,400 $768,600 $600,800
2024 $4,246 $1,213,100 $713,700 $499,400
2023 $5,615 $1,604,200 $713,700 $890,500
2022 $4,495 $1,284,300 $768,600 $515,700
2021 $4,033 $1,152,400 $768,600 $383,800
2020 $3,987 $1,139,200 $768,600 $370,600
2019 $4,121 $1,177,400 $812,500 $364,900
2018 $3,585 $1,024,400 $658,800 $365,600
2017 $3,540 $1,011,400 $603,900 $407,500
2016 $3,322 $949,200 $549,100 $400,100
2015 $2,948 $842,300 $505,100 $337,200
2014 -- $708,800 $494,200 $214,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 For Sale $2,600,000 0.0% $480 / Sq Ft
07/30/2025 07/30/25 Off Market $2,600,000 -- --
04/01/2025 04/01/25 For Sale $2,600,000 -- $480 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $117,500 --
Interfamily Deed Transfer -- --
Warranty Deed -- First American Long & Melone
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Closed $250,000 Credit Line Revolving
Closed $100,000 Unknown
Closed $50,000 Credit Line Revolving
Previous Owner $301,000 No Value Available
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202508113

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-7-033-005-0000