Hawaii Living

85-538 Waianae Valley Rd (Waianae)

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  • Asking Price: $1,399,000
  • Beds: 6
  • Baths: 4
  • Living: 3,312 ft²
  • Land: 1.90 acre
  • Built: 1945
  • Parking: 7
  • Property Taxes: $142 / month ?
  • Est. Mortgage: $6,891 / mo - adjust loan
  • Time Listed for Sale: 4 days
  • Status Active
  • Tenure: Fee Simple
  • Buy without visiting ?
  • Waianae homes for sale »
85-538 Waianae Valley Rd, Waianae
Inquire / Showing / Video Tour
Call/Text Michelle (808) 352-2469 or use contact form.
We are expert real estate agents who know Waianae very well. We would be happy to assist you too.
Description
Rare Coastal Valley Gem – Multi-Use Property with Income Potential! Located in one of Oahu’s largest coastal valleys, this stunning property offers breathtaking panoramic views of the Wai‘anae Mountain Range, mesmerizing sunsets, and access to some of the island’s best-kept beach secrets—just blocks away! Two Homes, Endless Possibilities! The main home features 4 bedrooms and 2 full bathrooms, while an additional single-family home offers 3+ bedrooms and 2+ bathrooms (not reflected in tax records). Perfect for multi-generational living or rental income! Event Space with Income Potential! This property also boasts a dedicated event space, complete with two fully permitted bathrooms and room for a commercial kitchen—ideal for weddings, retreats, and private events. Whether you’re looking to generate income or create your own dream venue, the opportunities are endless! With leased PV panels, stunning mountain views, and a spacious, versatile lot, this property is primed for development, CPR potential, or creating your dream home. Don’t miss this unique opportunity to own a multi-use property in paradise! Buyer to conduct due diligence on development and CPR options.
Recent Activity
  • Mar 26, 2025 Listed at $1,399,000
  • Nov 29, 2022 Off Market
  • Oct 26, 2022 Listed at $1,220,000
Past Sales
(Waianae)
Blog
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $422
  • Year Remodeled: 2024
  • Zoning: 52 - AG-2 General Agricultural
  • Flood Zone: Zone D
  • View: Mountain
  • Property Condition: Above Average,Average
  • Amenities: Full Bath on 1st Floor, Maids/Guest Qrters, Storage, Workshop
  • TMK: 1-8-5-19-53-0
  • Tax Assessed Land: $170,000
  • Tax Assessed Improvements: $142,300
  • Tax Assessed Total: $312,300
  • Courtesy: eXp Realty / (808) 725-2794
  • MLS: 202507716
Ask Michelle a Question
About Waianae
Waianae, which includes Makaha, Maili, Nanakuli, has been considered the areas way out at the end of the Leeward Coast, with only a vague picture to define them. They were known mostly for their large Native Hawaiian populations and what some said were the best beaches around. The growth of West Oahu has brought those two areas into sharper focus today, revealing one of the Island's best kept secrets.

Waianae is up the coast beyond Ko Olina, its foundation built around the Hawaiian Homelands. Until the last decades of the 20th century there was little buildup, but the increasing housing dem  ..... Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 30, 2025.Information is deemed reliable but not guaranteed.
Other Waianae Homes
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$1,395,000
84-387 Jade St
3 Bds | 2 Ba
1,296 ft²
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$1,450,000
84-160 Jade St
5 Bds | 4 Ba
2,526 ft²
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$1,300,000
84-781 Moua St
3 Bds | 1 Ba
1,176 ft²
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$1,500,000
87-250 Kulaaupuni St
2 Bds | 2 Ba
2,295 ft²
Other Oahu Homes
Ewa Gentry
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$1,399,000
91-1236 Kuanoo St
4 Bds | 3 Ba
2,939 ft²
Punchbowl
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$1,399,000
739 Kinalau Pl##1
6 Bds | 4 Ba
2,444 ft²
Hoakalei
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$1,399,000
91-1048 Waikapoo St
4 Bds | 3 Ba
2,171 ft²
Kaneohe Bay
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$1,399,888
45-481A Apiki Street Apiki St#A
6 Bds | 4 Ba
2,414 ft²
Hoakalei
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$1,400,000
91-1054 Waikai St
4 Bds | 3 Ba
1,690 ft²
Kapolei Aeloa
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$1,400,000
91-1071 Hokuwela St
4 Bds | 2.5 Ba
2,338 ft²
  • Asking Price: $1,399,000
Description
Rare Coastal Valley Gem – Multi-Use Property with Income Potential! Located in one of Oahu’s largest coastal valleys, this stunning property offers breathtaking panoramic views of the Wai‘anae Mountain Range, mesmerizing sunsets, and access to some of the island’s best-kept beach secrets—just blocks away! Two Homes, Endless Possibilities! The main home features 4 bedrooms and 2 full bathrooms, while an additional single-family home offers 3+ bedrooms and 2+ bathrooms (not reflected in tax records). Perfect for multi-generational living or rental income! Event Space with Income Potential! This property also boasts a dedicated event space, complete with two fully permitted bathrooms and room for a commercial kitchen—ideal for weddings, retreats, and private events. Whether you’re looking to generate income or create your own dream venue, the opportunities are endless! With leased PV panels, stunning mountain views, and a spacious, versatile lot, this property is primed for development, CPR potential, or creating your dream home. Don’t miss this unique opportunity to own a multi-use property in paradise! Buyer to conduct due diligence on development and CPR options.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 30, 2025.Information is deemed reliable but not guaranteed.
    • Mar 26, 2025 Listed at $1,399,000
    • Nov 29, 2022 Off Market
    • Oct 26, 2022 Listed at $1,220,000
    Waianae, which includes Makaha, Maili, Nanakuli, has been considered the areas way out at the end of the Leeward Coast, with only a vague picture to define them. They were known mostly for their large Native Hawaiian populations and what some said were the best beaches around. The growth of West Oahu has brought those two areas into sharper focus today, revealing one of the Island's best kept secrets.

    Waianae is up the coast beyond Ko Olina, its foundation built around the Hawaiian Homelands. Until the last decades of the 20th century there was little buildup, but the increasing housing dem  ..... Read more.

    Other Waianae Homes
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    $1,395,000
    84-387 Jade St
    3 Bds | 2 Ba
    1,296 ft²
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    $1,450,000
    84-160 Jade St
    5 Bds | 4 Ba
    2,526 ft²
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    $1,300,000
    84-781 Moua St
    3 Bds | 1 Ba
    1,176 ft²
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    $1,500,000
    87-250 Kulaaupuni St
    2 Bds | 2 Ba
    2,295 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. 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.
    Learn about property tax rates.