$1,399,000
$101K PRICE DROP

53-388 Kamehameha Hwy Hauula, HI 96717

Estimated payment $8,044/month

Total Views 9,121
-- Bed
-- Bath
2,398 Sq Ft
$583 Price per Sq Ft

Highlights

  • Ocean View
  • Level Lot
  • 1-Story Property

About This Home

NEW PRICE!! A rare opportunity in beautiful Punalu'u! This unique property features two single-family homes on a generous 11,324 sq ft lot, directly across the street from a stunning sandy beach. Each home offers 3 bedrooms and 2 full baths, with updated kitchens and bathrooms that blend modern comfort with island charm. Beautiful large deck in the back of house A for relaxing or entertaining with beautiful mountain views. Full size washer and dryer in units. Two separate electrical meters and one water meter. Whether you're looking for a multi-generational setup, an investment opportunity, or your own slice of paradise, this property delivers flexibility and value. Live in one and rent out the other, or enjoy strong rental income from both. With ample parking for multiple vehicles, guests, or even a boat, this beachside gem is perfect for those seeking both lifestyle and practicality. Don't miss out on this incredible opportunity!

Listing Agent

Tricia Iseri

Galaxy Properties, LLC Brokerage Phone: (808) 258-7885 License #RB-19701 Listed on: 06/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,872

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Flag Lot

Property Views

  • Ocean
  • Coastline

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,398 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Cesspool

Community Details

  • 2 Units
  • Punaluu Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-5-3-005-036-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,872

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1972
  • Attribution Contact: (808) 258-7885
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • MLS Status: Active
  • Subdivision Name: PUNALUU
  • Unit Levels: One
  • Roof: Composition
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Stories: 1

Exterior Features

  • Construction Type: Wood Frame
  • Lot Features: Flag Lot, Interior Lot, Level
  • Property Condition: Good Condition
  • Topography: Level
  • View: Coastline, Mountain(s), Ocean
  • View: Yes
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 6.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Water Available
  • Sewer: Cesspool

Lot Info

  • Parcel Number: 1-5-3-005-036-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 2
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 3950.0

Tax Info

  • Tax Annual Amount: 7872.0

Map

Range of Values:

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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 $7,871 $1,322,700 $803,300 $519,400
2024 $7,871 $1,339,600 $803,300 $536,300
2023 $8,345 $1,381,100 $828,800 $552,300
2022 $5,079 $1,055,100 $637,600 $417,500
2021 $3,295 $941,400 $561,100 $380,300
2020 $3,135 $895,600 $561,100 $334,500
2019 $3,368 $962,200 $605,700 $356,500
2018 $2,977 $850,500 $484,600 $365,900
2017 $2,771 $791,700 $408,100 $383,600
2016 $2,709 $774,100 $446,300 $327,800
2015 $2,437 $696,300 $420,800 $275,500
2014 -- $632,900 $382,600 $250,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $1,399,000 -6.7% $583 / Sq Ft
06/04/2025 06/04/25 For Sale $1,500,000 +11.1% $626 / Sq Ft
05/08/2023 05/08/23 Off Market $1,350,000 -- --
05/05/2023 05/05/23 Sold $1,350,000 -10.0% $563 / Sq Ft
11/09/2022 11/09/22 For Sale $1,500,000 -- $626 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Title Guaranty
Quit Claim Deed -- Title Guaranty
Quit Claim Deed -- Title Guaranty
Warranty Deed -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $270,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,139,000 Construction
Previous Owner $514,398 Seller Take Back
Previous Owner $875,000 Construction
Previous Owner $335,000 Unknown
Previous Owner $256,975 No Value Available
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202513395

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-5-3-005-036-0000