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$2,550,000
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Property Description
Welcome to 47-351 Waihee Road - A Rare Investment & Lifestyle Opportunity in Serene Kane'ohe Tucked away in the peaceful Kahaluu community, this one-of-a-kind property presents incredible versatility for investors and those seeking a multigenerational living arrangement. Set on a generous lot surrounded by lush greenery, the property currently produces steady rental income through four distinct dwellings: "¢ Two 3-Bedroom, 2-Bath Cottages - Each equipped with owned photovoltaic (PV) systems to help lower utility expenses. "¢ One 1-Bedroom, 1-Bath Cottage - Perfect as a guest suite, home office, or additional rental. "¢ A Two-Story Farmhouse - Currently used as a chicken farm, with flexible options for future rental potential (note: non-conforming structure). With convenient access directly off Waihee Road, the property offers a tranquil, mountain-facing setting while remaining just minutes from shopping, schools, and major roadways. Whether you're looking to expand your investment portfolio, establish a sustainable living retreat, or create space for extended family, this rare Kane'ohe gem is an opportunity not to be missed.
Full Property Details
Full Property Details for 47-351 Waihee Rd
General
- Price: $2,550,000
- Taxes: $4,248
- Status: Active
- Type: Multi-Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202508113
- Updated: 12/12/2025
- Added to Site: 291 day(s) ago
Interior
- Furnishings: Partially
- Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Parking
- Total Spaces: 8
- Parking Features: Three or more Spaces
Location
- Area: Kaneohe
- County: Oahu
- Subdivision: WAIHEE
School Information
- Elementary School: Kahaluu
- Middle School: King
- High School: Castle
Utilities
- Sewer: Cesspool
- Utility Description: High Speed Internet Available, Phone Available, Water Available
Structural Information
- Architectural Style: Multiplex
- Detached/Attached: Detached
- Construction: Wood Frame
- Stories/Levels: 1
- Square Feet: 5,412
- Living Area: 5,412 Sq. Ft.
- Year Built: 1938
- Property Condition: Average Condition, Updated/Remodeled
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size: 104588
- Topography: Rolling, Sloping, Terraced
- Lot Features: Other
- Zoning: 56 - Country District
Financial Considerations
- Assessment Amount: $1,213,100
- Tax Amount: $4,248
Disclosures and Reports
- Special Conditions: None
- Inclusions: Cable TV, Ceiling Fan, Dishwasher, Disposal, Dryer, Photovoltaic - Owned, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
- Disclosures/Reports: Pet on Property
- Disclosures/Rstr.: Pet on Property
- Property ID: 1-4-7-033-005-0000
Listed by Equity Properties, Inc.
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Schools
Schools serving 47-351 Waihee Rd
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Kahaluu Elementary School 47-280 Waihee Rd, Kaneohe, HI 96744 | PK-6 | 0.3 mi |
Governor Samuel Wilder King Intermediate School 46-155 Kamehameha Hwy, Kaneohe, HI 96744 | 7-8 | 3.5 mi |
Castle High School 45-386 Kaneohe Bay Dr, Kaneohe, HI 96744 | 9-12 | 5.1 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 47-351 Waihee Rd
Date
Details
Price
Change
Source
12/12/2025
Price Reduced
$2,550,000
-1.92%
MLS
4/01/2025
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 47-351 Waihee Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,246
-24%
$1,369,400
13%
2023
$5,615
25%
$1,213,100
-24%
2022
$4,495
—
$1,604,200
25%
2022
$4,495
11%
$1,284,300
11%
2021
$4,033
—
$1,152,400
1%
2021
$4,033
12%
$1,139,200
11%
2018
$3,585
-13%
$1,024,400
-13%
2019
$4,121
16%
$1,177,400
16%
2017
$3,540
7%
$1,011,400
7%
2016
$3,322
13%
$949,200
13%
2015
$2,948
24%
$842,300
19%
2013
$2,385
—
$708,800
—
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 47-351 Waihee Rd
47-351 Waihee Road, Kaneohe, HI 96744 (MLS# 202508113) is a Multi-Family property with units containing 7 bedrooms and 6 full bathrooms. 47-351 Waihee Road is currently listed for $2,550,000 and was received on April 01, 2025. Want to learn more about 47-351 Waihee Road? Do you have questions about finding other Multi-Family real estate for sale in Kaneohe? You can browse all Kaneohe real estate or contact a Coldwell Banker agent to request more information.

