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$1,799,000
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Property Description
Here is your opportunity to create your dream space with an expansive lot, zoned AG-2 (General Agricultural), to build your custom dream home surrounded by the natural beauty of the Koolau Mountains. With a building permit already available, you can get started right away. Whether you envision a classic island-style home, a modern farmhouse, or a sustainable oasis, this property is your blank canvas. With AG-2 zoning, you can even explore the joys of small-scale farming or gardening - all while enjoying the privacy and serenity that country living provides. Features:     "¢Â    Building Permit Ready: Start construction without delay     "¢Â    Zoned AG-2: Ideal for a custom country home with space for gardens     "¢Â    Breathtaking Views: Koolau Mountain vistas and lush surroundings     "¢Â    Expansive Lot: Ample room for outdoor living and entertaining     "¢Â    Prime Location: Just a short drive to Kailua town and world-renowned beaches Embrace the tranquility of a rural lifestyle while enjoying the convenience of being just minutes from Kailua's stunning beaches, local shops, and vibrant dining.
Full Property Details
Full Property Details for 42-311 Old Kalanianaole Rd
General
- Price: $1,799,000
- Taxes: $5,268
- Status: Active
- Type: Lots/Land
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202507960
- Updated: 4/1/2026
- Added to Site: 361 day(s) ago
Exterior
- Exterior Features: Other
Location
- Area: Kailua
- County: Oahu
- Subdivision: NORFOLK
Community
- Assoc. Name: Olomana Agricultural Subdivision
Utilities
- Sewer: None
- Water: Public
- Utility Description: Water Available, Sewer Not Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Other, Residential, Single Family
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size: 88209
- Topography: Level, Sloping
- Lot Features: Cleared, Other, Wooded, Level, Steep Slope
- Potential Use: Other, Single Family
- Zoning: 52 - AG-2 General Agricultural
Financial Considerations
- Assessment Amount: $923,400
- Tax Amount: $5,268
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Fee Simple
- Disclosures/Reports: Seller Disclosure
- Disclosures/Rstr.: Seller Disclosure
- Property ID: 1-4-2-098-041-0000
Listed by Real Broker
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Schools
Schools serving 42-311 Old Kalanianaole Rd
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Keolu Elementary School 1416 Keolu Drive, Kailua, HI 96734 | PK-6 | 0.5 mi |
Kailua Intermediate School 145 South Kainalu Drive, Kailua, HI 96734 | 7-8 | 1.6 mi |
Kailua High School 451 Ulumanu Drive, Kailua, HI 96734 | 9-12 | 1 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 42-311 Old Kalanianaole Rd
Date
Details
Price
Change
Source
2/13/2026
Price Reduced
$1,799,000
-10.01%
MLS
4/07/2025
Listed
$1,999,000
96.95%
MLS
8/21/2021
Sold
$1,015,000
—
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 42-311 Old Kalanianaole Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,263
—
$923,400
—
2023
$5,263
168%
$923,400
—
2022
$1,961
—
$923,400
168%
2022
$1,961
20%
$344,100
20%
2021
$1,635
-39%
$286,800
-39%
2018
$2,698
33%
$473,400
33%
2016
$2,024
—
$355,100
—
2015
$2,024
24%
$355,100
24%
2019
$1,635
-19%
$286,800
-19%
2014
$2,024
-17%
$355,100
—
2013
$2,442
—
$355,100
—
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 42-311 Old Kalanianaole Rd
42-311 Old Kalanianaole Road, Kailua, HI 96734 (MLS# 202507960) is a Lots/Land property with a lot size of acres. 42-311 Old Kalanianaole Road is currently listed for $1,799,000 and was received on April 07, 2025. Want to learn more about 42-311 Old Kalanianaole Road? Do you have questions about finding other Lots/Land real estate for sale in Kailua? You can browse all Kailua real estate or contact a Coldwell Banker agent to request more information.

