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$1,000,000
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Property Description
Exceptional Land Opportunity - Take advantage of this unique opportunity to build a home or investment project tailored to your vision in a highly convenient and desirable location. A rare chance to acquire a 7,087 square foot flat lot located just minutes from downtown. Zoned U/11/11 - A-1 Apartment, this property offers excellent potential for redevelopment. Buyers are advised to conduct their own due diligence regarding possible development options. Please note: The existing structure was damaged by fire on March 19, 2025, and is deemed beyond repair. The home is uninhabitable and should be considered a tear-down. At the buyer's request, the seller is willing to remove the structure. Do not go on the property. This property is being sold strictly "As-Is" for land value only.
Full Property Details
Full Property Details for 1131 Banyan St #B
General
- Sold For: $1,000,000
- Taxes: $4,155
- Status: Closed
- Type: Single Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202516788
- Added to Site: 177 day(s) ago
Interior
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 8
- Parking Features: Three or more Spaces
Location
- Area: Metro
- County: Oahu
- Subdivision: PALAMA
School Information
- Elementary School: Kapalama
- Middle School: Kalakaua
- High School: Farrington
Utilities
- Utility Description: Other
Structural Information
- Architectural Style: Detached
- Detached/Attached: Detached
- Stories/Levels: 2
- Square Feet: 2,176
- Living Area: 2,176 Sq. Ft.
- Year Built: 1950
- Property Condition: Tear Down / Value in Land
Lot Features
- Lot Size: 7087
- Topography: Level
- Lot Features: Other, Level
- Zoning: 11 - A-1 Low Density Apartment
Financial Considerations
- Assessment Amount: $1,305,200
- Tax Amount: $4,155.12
Disclosures and Reports
- Special Conditions: None
- Inclusions: None
- Disclosures/Reports: 1031 Exchange, Familial Relation
- Disclosures/Rstr.: 1031 Exchange, Familial Relation
- Property ID: 1-1-7-031-027-0000
Listed by AA Oceanfront Rentals & Sales
Sold by HomeSmart Island Homes
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Schools
Schools serving 1131 Banyan St #B
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Princess Miriam K Likelike Elementary School 1618 Palama Street, Honolulu, HI 96817 | PK-5 | 0.2 mi |
Princess Ruth Keelikolani Middle School 1302 Queen Emma Street, Honolulu, HI 96813 | 6-8 | 0.9 mi |
President William Mckinley High School 1039 South King Street, Honolulu, HI 96814 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1131 Banyan St #B
Date
Details
Price
Change
Source
9/18/2025
Sold
$1,000,000
-20%
MLS
7/24/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1131 Banyan Street #B, Honolulu, HI 96817 (MLS# 202516788) is a Single Family property that was sold at $1,000,000 on September 18, 2025. Want to learn more about 1131 Banyan Street #B? Do you have questions about finding other Single Family real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

