During the peak of the market, a few years back, it was common to see East Oahu land selling for $100/square foot (not oceanfront). Here’s an oceanfront deal priced at only $54/square foot!
5295 W. Kalanianaole Hwy, (MLS# 1010178) is over an acre on Oahu’s Southeast shore
Original List Price: $3,388,000
County Assessed Value: $3,719,100
New Asking Price: $2,850,000 (–$538,000)
For someone that is looking to build an oceanfront estate on over an acre in East Oahu, and can’t afford Kahala, or Portlock prices, here’s your opportunity! This lot sold for $3,600,000 back in 2004…
Contact me if you’re interested in living your Hawaii Life on the ocean in East Oahu.