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$1,379,000
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Property Description
Discover an exceptional opportunity on highly sought-after Wilhelmina Rise. Perched on a rim lot with unobstructed Diamond Head and coastline views, this expansive 12,000+ sq. ft. parcel offers endless potential for investors, builders, or homeowners looking to create something truly special. The property features a nearly completed CPR-already well underway and offering the ability to split and develop. In addition, plans are currently in review with the Department of Planning & Permitting to construct an additional single-family dwelling, giving you a head start on future development. Its prime location places you just minutes from Kahala Mall, Kaimuki's restaurants, boutique shops, and nearby conveniences, offering both lifestyle and value in one of Honolulu's most desirable neighborhoods. With breathtaking vistas, development flexibility, and a list price below tax-assessed value, this is a rare opportunity with unmatched potential.
Full Property Details
Full Property Details for 1729 Iwi Way
General
- Price: $1,379,000
- Taxes: $5,010
- Status: Under Contract
- Type: Single Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202525217
- Updated: 1/15/2026
- Added to Site: 61 day(s) ago
Rental Information
- Complex Features: Deck/Porch, Patio
Interior
- Interior Features: Bedroom on Main Level, Full Bath on Main Level
- Flooring: Ceramic Tile, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Key Card Entry
Parking
- Garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Total Spaces: 2
- Parking Features: Carport, Driveway, Two Car Garage, Two Spaces
Location
- Area: DiamondHd
- County: Oahu
- Subdivision: WILHELMINA
Community
- Assoc. Fees Include: None
Utilities
- Water: Public
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Other, Sewer Available, Water Available
Structural Information
- Architectural Style: Detached
- Detached/Attached: Detached
- Construction: Double Wall
- Stories/Levels: 2
- Square Feet: 1,344
- Living Area: 1,344 Sq. Ft.
- Year Built: 1949
- Property Condition: Excellent, Updated/Remodeled
Lot Features
- Property View: City, Mountain(s), Ocean
- Mountain views: Yes
- Lot Size: 12593
- Frontage: County Road
- Topography: Sloping
- Lot Features: Other, Rim Lot
- Zoning: 05 - R-5 Residential District
Financial Considerations
- Assessment Amount: $1,431,600
- Tax Amount: $5,010.6
Disclosures and Reports
- Special Conditions: None
- Inclusions: AC Split, Blinds, Cable TV, Ceiling Fan, Chandelier, Drapes, Range Hood, Range/Oven, Solar Heater, Washer
- Disclosures/Reports: Seller Disclosure, See Remarks
- Disclosures/Rstr.: Seller Disclosure, See Remarks
- Property ID: 1-3-3-018-057-0000
Listed by Real Broker
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Schools
Schools serving 1729 Iwi Way
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Waialae Elementary - Public Charter School 1045 19th Avenue, Honolulu, HI 96816 | PK-5 | 0.9 mi |
Kaimuki Middle School 631 18th Avenue, Honolulu, HI 96816 | 6-8 | 1.4 mi |
Kalani High School 4680 Kalaniana?ole Highway, Honolulu, HI 96821 | 9-12 | 1.3 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 1729 Iwi Way
Date
Details
Price
Change
Source
12/06/2025
Price Reduced
$1,379,000
-3.16%
MLS
11/17/2025
Listed
$1,424,000
18.67%
MLS
9/19/2023
Sold
$1,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1729 Iwi Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,630
105%
$1,431,600
2%
2023
$4,215
7%
$1,406,100
5%
2022
$3,955
—
$1,344,400
9%
2022
$3,955
18%
$1,230,000
16%
2021
$3,362
—
$1,060,700
-7%
2021
$3,362
1%
$1,140,100
11%
2018
$3,326
6%
$1,030,400
6%
2017
$3,125
-14%
$972,800
-13%
2019
$3,639
21%
$1,119,800
19%
2016
$3,008
-5%
$939,300
-5%
2015
$3,170
34%
$985,700
8%
2013
$2,373
—
$912,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1729 Iwi Way
1729 Iwi Way, Honolulu, HI 96816 (MLS# 202525217) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1729 Iwi Way is currently listed for $1,379,000 and was received on November 17, 2025. Want to learn more about 1729 Iwi Way? 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.

