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$2,450,000

  • For Sale
  • Active
  • Lots/Land
  • Updated 2 days ago
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MASSIVE $200K PRICE REDUCTION. The only BEACH FRONT VACANT LAND, in EAST HONOLULU, OAHU with more than 65 linear feet of sandy beach fronting famous surfing spots Toes and Secrets currently available UNDER $15,000,000. Paiko Beach consists of only 22 residences that are beach front. Priced $772,000 BELOW TAX ASSESSED VALUE! Endless water activities are made possible by the barrier reef creating a calm and protected sandy beach front. Seller has obtained APPROVED SHORELINE CERTIFICATION (see listing supplements) 21 feet forward (towards the ocean) of the property line. With all setbacks considered, this property still has a buildable footprint area of more than 4,290 square feet for a single level home! More if you build a second story. Seller has attached and completed the K2 Standard Survey, Shoreline Certification Survey and Topo Map. No Easements or Encroachments. Also listed in MLS under Residential Listing MLS #202513207.

Full Property Details for 240 Paiko Dr

General

  • Price: $2,450,000
  • Taxes: $27,442
  • Status: Active
  • Type: Lots/Land
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202513208
  • Updated: 4/1/2026
  • Added to Site: 307 day(s) ago

Exterior

  • Exterior Features: None

Location

  • Area: DiamondHd
  • County: Oahu
  • Subdivision: PAIKO LAGOON

Utilities

  • Sewer: None
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Sewer Not Available

Structural Information

  • Detached/Attached: Detached
  • Current Bldg. Use: Residential, Single Family

Lot Features

  • Property View: Coastline, Garden, Mountain(s), Ocean, Other, Sunset, Sunrise
  • Mountain views: Yes
  • Lot Size: 8190
  • Frontage: County Road
  • Topography: Level
  • Lot Features: Cleared, Interior Lot, Level
  • Potential Use: Single Family
  • Zoning: 04 - R-7.5 Residential District

Water Features

  • Water Front: Yes

Financial Considerations

  • Assessment Amount: $3,222,500
  • Tax Amount: $27,442.56

Disclosures and Reports

  • Special Conditions: None
  • Land Tenure: Fee Simple
  • Disclosures/Reports: 1031 Exchange, Seller Disclosure
  • Disclosures/Rstr.: 1031 Exchange, Seller Disclosure
  • Property ID: 1-3-8-001-007-0000
Buyer's Brokerage Compensation: 2.5%
Not binding unless confirmed by separate agreement among applicable parties.

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— 240 Paiko Dr —

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NMLS#: 1598647

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Schools serving 240 Paiko Dr

School District:Hawaii Department of Education
NameGradesDistance
Aina Haina Elementary School
801 West Hind Drive, Honolulu, HI 96821
PK-51.8 mi
Niu Valley Middle School
310 Halemaumau Street, Honolulu, HI 96821
6-80.8 mi
Kalani High School
4680 Kalaniana?ole Highway, Honolulu, HI 96821
9-122.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 240 Paiko Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/13/2025
Price Reduced
$2,450,000
-7.55%
MLS
5/31/2025
Listed
$2,650,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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240 Paiko Drive, Honolulu, HI 96821 (MLS# 202513208) is a Lots/Land property with a lot size of acres. 240 Paiko Drive is currently listed for $2,450,000 and was received on May 31, 2025. This property is listed by Kainoa Lee from our Honolulu Office.Want to learn more about 240 Paiko Drive? Do you have questions about finding other Lots/Land real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

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