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1686 Lewalani Dr (Makiki)

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1686 Lewalani Dr, Honolulu
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Description
Welcome to Lewalani drive and the incredible investment opportunity with this R-5 zoned 8,338 sf lot. This property boasts a 3BD/1BA upstairs in the front house, two downstairs units and an additional 3BD/1BA in the back house. Enjoy the benefits of multigenerational living or consider living in one house and renting out the other units to supplement the mortgage. Alternatively consider the potential to renovate and rent as an income producing property. Located in the base of Makiki Heights and just minutes from University of Hawaii at Manoa and other highly coveted private schools. You’ll save time and money thanks to a short commute and easy access to downtown and the greater Honolulu area. Your family will love the 2 covered parking stalls and the flexibility to park another 2 vehicles on the property.
Past Activity
  • Dec 27, 2022 Sold for $1,460,000
  • Sep 03, 2022 Under Contract
  • Aug 12, 2022 Back to Active
  • Aug 07, 2022 Under Contract
  • Jul 01, 2022 Listed at $1,599,000
Blog
More Details
Good to Know
See our video of Makiki Heights homes.

Makiki - the childhood neighborhood of President Barack Obama - is an older established neighborhood of approximately 500 homes just north-east of downtown Honolulu, bordered by Punchbowl to the west and Manoa to the east. Makiki homes for sale are often valued between $600K to $1M on lot sizes between 2,000 to 9,000 sq ft. Makiki Heights homes for sale tend to be more valuable at $850K to $8M with lot sizes between 5,000 sq ft to 1 acre plus.

Makiki consists of 2 distinct communities: Makiki with mostly modest homes on the flat section hugging the   .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
Other Makiki Homes
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1724 Lewalani Dr
4 Bds | 3 Ba
1,948 ft²
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2023 Round Top Dr
6 Bds | 4 Ba
2,323 ft²
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2030 Leiloke Dr
3 Bds | 2 Ba
2,100 ft²
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1729 Keeaumoku St
5 Bds | 3 Ba
1,886 ft²
Other Hawaii Homes
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109 Kulolio St
3 Bds | 2 Ba
1,132 ft²
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75-5941 WALUA RD
2 Bds | 4 Ba
2,344 ft²
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75-328 MALULANI DR
3 Bds | 2 Ba
1,575 ft²
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77-368 AILINA ST
3 Bds | 3 Ba
2,280 ft²
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11-3832 5TH ST
5 Bds | 3 Ba
2,144 ft²
  • Sold 12/27/22 at $1,460,000
    (List Price: $1,599,000)
Description
Welcome to Lewalani drive and the incredible investment opportunity with this R-5 zoned 8,338 sf lot. This property boasts a 3BD/1BA upstairs in the front house, two downstairs units and an additional 3BD/1BA in the back house. Enjoy the benefits of multigenerational living or consider living in one house and renting out the other units to supplement the mortgage. Alternatively consider the potential to renovate and rent as an income producing property. Located in the base of Makiki Heights and just minutes from University of Hawaii at Manoa and other highly coveted private schools. You’ll save time and money thanks to a short commute and easy access to downtown and the greater Honolulu area. Your family will love the 2 covered parking stalls and the flexibility to park another 2 vehicles on the property.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Dec 27, 2022 Sold for $1,460,000
    • Sep 03, 2022 Under Contract
    • Aug 12, 2022 Back to Active
    • Aug 07, 2022 Under Contract
    • Jul 01, 2022 Listed at $1,599,000
    See our video of Makiki Heights homes.

    Makiki - the childhood neighborhood of President Barack Obama - is an older established neighborhood of approximately 500 homes just north-east of downtown Honolulu, bordered by Punchbowl to the west and Manoa to the east. Makiki homes for sale are often valued between $600K to $1M on lot sizes between 2,000 to 9,000 sq ft. Makiki Heights homes for sale tend to be more valuable at $850K to $8M with lot sizes between 5,000 sq ft to 1 acre plus.

    Makiki consists of 2 distinct communities: Makiki with mostly modest homes on the flat section hugging the   .....
    Read more.
    Other Makiki Homes
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    1724 Lewalani Dr
    4 Bds | 3 Ba
    1,948 ft²
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    2023 Round Top Dr
    6 Bds | 4 Ba
    2,323 ft²
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    2030 Leiloke Dr
    3 Bds | 2 Ba
    2,100 ft²
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    1729 Keeaumoku St
    5 Bds | 3 Ba
    1,886 ft²
     
    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.
    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.
    Learn about property tax rates.