Papakolea Home Residence

Overview

Leasehold Property in Honolulu. Experience island living at its finest in this stunning Hawaiian Homelands home nestled in the highly desirable neighborhood of Papakolea. Step outside to the expansive lanai and soak in the breathtaking, panoramic views of Diamond Head, peekaboo ocean scenes and majestic mountains. The main floor has a large open concept living area with 3 bedrooms and 2.5 baths. Additional studio in the rear off the covered patio that can used for gatherings or just enjoying the outdoors. Large storage area on the bottom floor with a full bath or can be used as a workroom. New roof, flooring and interior and exterior paint completed in 2023. Lots of pockets of lawn area for gardening. Conveniently located near schools, shopping, and dining, this home offers the perfect combination of functionality and tranquility. Don't miss this rare opportunity. Schedule a showing today and make owning your dream home a reality! Purchaser must be at least 50% Hawaiian and on the Hawaiian Home Lands waitlist. This is a leasehold property.

Property Details

Amenities: Full Bath on 1st Floor, Landscaped, Patio/Deck, Storage, Wall/Fence, Workshop
Construction Materials: Single Wall, Wood Frame
Flooring: Laminate
Location: Inside
Neighborhood: Papakolea
Parking Features: 3 Car+, Driveway, Street
Parking Total: 4
Property Frontage: Other
Property Type: Residential
Security Features: Key
Living Area SqFt: 1,042
Total SqFt: 1,042
Status: Active
View: City, Mountain(s), Ocean
Year Built: 1977

Additional Property Info

Days on Market: 93
Flood Zone: Zone X
Lease Expiration Date: 10/27/2050
Lease Fee Month: $1
Property Condition: Above Average
Roof: Asphalt Shingle
Tax Amount: $25
Tax Assessed Value: $1,212,400
Tax Assessed Value Improvements: $225,200
Tax Assessed Value Land: $987,200
Topography: Down Slope
Utilities: Cable, Overhead Electricity, Public Water, Sewer Fee
Zoning: 05 - R-5 Residential District

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Listing Courtesy of eXp Realty Courtesy of Anne Curran, eXp Realty.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 by HiCentral MLS, Ltd.

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Papakolea Home Residence

554 Kauhane Street, Honolulu, Oahu 96813 Get Directions

$599,000